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GEORGIA-ALABAMA-SOUTH CAROLINA-TENNESSEE REAL ESTATE AUCTIONS

Properties of All Types- Residential, Commercial and Land

August 6^th- 17^th

BANK-OWNED, ESTATE-OWNED AND OTHER PROPERTY

August 6^th: Commercial Building near Hazlehurst, GA, plus Homes and Land in Norman Park, Jesup, Statesboro Area, Byron, Waynesboro Area, and Social Circle, GA

August 7^th: 47 Acre Tract in Cleveland, TN, House in Epworth, GA

August 8^th: Truck Terminal in Laurens, SC, Machine Shop in Hampton, SC, Houses in Anderson & Dillon, SC, Acreage on Lake Hartwell, GA

August 9^th: Commercial Tract in Suwanee, GA, 1.4+- Ac Lot on Windsor Parkway, Atlanta, and Tracts on Glenwood Road, Decatur, GA

August 10^th: New Home in Hoschton, GA, plus Lots in Snellville, GA

August 17^th: New Homes and Commercial Tract in Cullman, AL, plus Lots in Huntsville, AL

The banks, estates and other owners of these properties are all eager to liquidate these portions of their portfolios as quickly as possible. Auction Management Corporation is pleased to have been selected by these important sellers to sell this valuable real estate. Because these sellers are all very serious about selling these properties as soon as possible, they have ordered Auction Management Corporation to sell these properties via public auction, where the bidders set the price. Some of these properties will be sold ABSOLUTE to the highest bidder regardless of price. All sellers have realistic expectations, and are eager to accept any reasonable bid. These auctions are the best way for sellers and buyers alike to ensure competitive and fair “quick-sale” prices are attained. If the properties in this portfolio appeal to you, DO NOT MISS this opportunity to obtain them at the price you set at auction- you may not have such an opportunity again!

ALL SALES ONSITE UNLESS OTHERWISE NOTED!

Tuesday, August 6^th @ 10 a.m.

Property 101

County Road 94 (Town Creek Road) at US 221, Denton (Jeff Davis County), GA 31532

Property Description: 100'+- x 300'+- refrigerated Baxter Building with 1800+- sf two level office, 2 outside bathrooms, storage shipping office, 6 loading docks. Also 108'+- x 160'+- plant hot house and equipment onsite. Located on a 9.7+- acre site with deep well.

Property Inspection: Tuesday, July 30^th from 11 a.m. - 1 p.m.

Directions: From Douglas, north on US 221 across Jeff Davis County line, first right onto County Road 94 (Town Creek Road), property is on the immediate right.

Terms: 20% down at the auction, balance in cash within 30 days. Purchaser pays all closing costs.

Tuesday, August 6^th @ 1 p.m.

Property 102 BANK OWNED

361 Lazy Bear Drive, Norman Park (Colquitt County), GA 31771

Property Description: 3 bedroom 1 bath 1560+/- sq. ft. manufactured home on 2.1+/- acre corner lot. Property has 290+- ft of frontage on Lazy Bear Road and 289+- ft frontage on R.L. Norman Road.

Open House: Call auctioneer for availability.

Directions: From Tifton, south on US 319 to Norman Park, left past town center onto R.L. Norman Road, go 1.7 miles, right onto Lazy Bear Drive, property at right on corner.

Terms: 20% down at the auction, close within 30 days. Closing attorney Lane & Karlo.

Tuesday, August 6^th @ 1 p.m.

Property 103 BANK OWNED

461 Meadowood Drive, Jesup (Wayne County), GA 31545

Property Description: 3 bedroom 2 bath 1440+- sf manufactured home on .9+- acre lot with front porch.

Open House: Call auctioneer for availability.

Directions: From center of Jesup, northwest on US 341, right onto S.R. 169, go 2.7 miles, left onto Meadowood Drive, look for auction sign.

Terms: 20% down at the auction, close within 30 days. Closing attorney Lane & Karlo.

Tuesday, August 6^th @ 3 p.m.

Property 104 BANK OWNED

SELLS FROM PROPERTY #105 IN BROOKLET

165 Martin Lanier Road, Nevils (Bulloch County), GA

Property Description: 3 Br 1 BA 1214 sf house on .83+/- acre lot.

Open House: Call auctioneer for availability.

Directions: From I-16, exit 127 north onto Hwy 67, go 2 miles, left at Denmark onto Nevils Road, go 2.5 miles, left onto Nevils Groveland (Old Statesboro) Road, immediate left onto Martin Lanier Road, property is on the left.

Terms: 20% down day of auction, close within 30 days. Closing attorney Lane & Karlo.

Tuesday, August 6^th @ 3 p.m.

Property 105 BANK OWNED

6090 Upper Black Creek Church Road, Brooklet (Bulloch County) 30415

Property Description: Doublewide manufactured home on 2.4+- acre irregular shaped tract.

Open House: Call auctioneer for availability.

Directions: From I-16, exit 127 north onto Hwy 67, go 2 miles, right at Denmark onto Brooklet Denmark Road, go 1.1 mile, right onto Mud Road, go 2 miles, right onto Upper Black Creek Church Road, look for auction sign.

Terms: 20% down day of auction, close within 30 days. Closing attorney Lane & Karlo.

ALL SALES ONSITE UNLESS OTHERWISE NOTED!

Tuesday, August 6^th @ 4 p.m.

Property 106 BANK OWNED

Alpine Court (undeveloped), Byron (Peach County), GA 31008

Property Description: 3.5+- acre wooded tract within established Alpine subdivision. Surrounded by developed lots. Water available, septic. Contact Auctioneer for plat.

Directions: From I-75, exit 149 southwest onto Hwy 49, go .7 miles, right on New Dunbar Road (Highway 42), cross tracks, immediate right onto Railroad Street, left at end onto Howard Street, right on Alpine Drive, left around curve, property on left, dirt trail is approximately where Alpine Court would go if developed.

Terms: 20% down day of auction close within 30 days. Closing attorney Lane & Karlo.

Tuesday, August 6^th @ 6 p.m.

Property 107 BANK OWNED

West side of Glisson (aka Brigham) Road, Girard (Burke County), GA 30426

Property Description: 11.6+- acre irregular shaped tract with 93+- feet of road frontage. Contact Auctioneer for plat.

Directions: From Waynesboro, east on Hwy 24 (Sardis Road) about 4 miles, left at Old Church onto Thompson Bridge Road, take to end, turn right onto Hwy 23, go 2 miles, right on Glisson (aka Brigham), look for auction sign on the right.

Terms: 20% down day of auction close within 30 days. Closing attorney Lane & Karlo.

Tuesday, August 6^th @ 7 p.m.

Property 108 BANK OWNED

362 North Dogwood Avenue, Social Circle (Walton County), GA 30025

Property Description: 3 bedroom 1 bath 1180+- sf frame home with front porch, paved drive and sidewalk, pecan trees.

Open House: Call auctioneer for availability.

Directions: From I-20, exit 98 north on Highway 11 into Social Circle, cross tracks, right on East Hightower Trail, left on North Dogwood, look for auction sign.

Terms: 20% down at the auction, close within 30 days. Closing attorney Lane & Karlo.

Wednesday, August 7^th @ 10 a.m.

Property 201 BANK OWNED

223 Austin Lane (off Kincaid Road), Cleveland (Bradley County), TN 37323

Property Description: 47.5+- acre partially wooded tract in Coahula area. Three 40' x 500' former poultry houses and a 30' x 50' equipment shed occupy a portion of the tract, and a homesite occupies the northeast corner of the property where a manufactured home was located. County water is available. Some of the property is fenced, and Tate Branch crosses the tract. The tract has about 1140' of frontage on Austin Lane and about 2000 feet average depth. Contact Auctioneer for plat.

Open House: Wednesday, July 31^st from 11 a.m. - 1 p.m.

Directions: From I-75, exit 341 east on Highway 201 about 4.4 miles to end at Highway 2 (Varnell), turn right, go 1.7 miles to Highway 71, turn left. Go about 5 miles, cross Tennessee line, go .75 mile, right onto Greenbriar Road, bear right immediately onto Mitchell Road. Go 1.6 miles, right at end onto Johnson Road, go .5 mile, left at end onto Emerson Road, go .5 mile, left onto Frederick Road, becomes Kincaid at TN line, then Austin (forks to right). Property on right about 1.2 miles after crossing Tennessee line.

Terms: 20% down day of auction, close within 30 days. Closing attorney Joe Goode.

Wednesday, August 7^th @ 2 p.m.

Property 202 BANK OWNED

66 Gardenia Lane, Epworth (Fannin County), GA 30541

Property Description: 3 bedroom 1 bath 1032+- sf frame home built around manufactured home core with front porch. Bank will not warrant title to an older mobile home which also occupies property.

Open House: Call auctioneer for availability.

Directions: From Blue Ridge GA, north on Highway 5 about 6 miles, left onto Old Highway 5, go 1.1 mile, left onto Goss Road, go 1 mile, right onto Milsaps Circle, right onto Gardenia Lane.

Terms: 20% down at the auction, close within 30 days. Closing attorney Lane & Karlo.

ALL SALES ONSITE UNLESS OTHERWISE NOTED!

Thursday, August 8^th @ 10 a.m.

Property 301 BANK OWNED

SELLS REGARDLESS OF PRICE

Honey Bee Drive, Laurens (Laurens County), SC 29360

Property Description: 4700 sf+- Distribution/ Truck Terminal on 3.08 acre (400' x 335') paved and graveled lot. Metal building has 3,750 sf warehouse and 950 sf office, 14ft clear height, 12 dock doors. At same exit and directly across from huge Wal-Mart regional distribution center.

Property Inspection: Thursday, August 1^st from 11 a.m. - 1 p.m.

Directions: From I-385, exit 9 north onto US 221, immediate right onto Honey Bee Drive, property on the left..

Terms: 20% down at the auction, close within 30 days. Closing attorney Thomas Belenchia.

Thursday, August 8^th @ 11 a.m.

Property 302 BANK OWNED

714 Sopona Drive, Dillon (Dillon County) 29536

Property Description: 3 bedroom 2 bath 1280+- sf manufactured home on 100' x 200' lot with porch and deck.

Open House: Call auctioneer for availability.

Directions: From I-95, exit 193 south on Hwy 9, left fork onto Hwy 9 Bypass, left after tracks onto US 301. Go 1.5 miles, right onto SR 1740. Go 1.3 miles, right onto Mount Calvary Road, first left onto Sopona, house on the left.

Terms: 20% down day of auction, close within 30 days. Closing attorney Thomas Belenchia.

Thursday, August 8^th @ 1 p.m.

Property 303 BANK OWNED

117 Warner Road, Anderson (Anderson County) 29625

Property Description: 1837+- sq. ft. brick ranch.

Open House: Call auctioneer for availability.

Directions: From the intersection of 28 and 24 in Anderson, west on 24 .7 mile, right onto Warner, look for auction sign.

Terms: 20% down day of auction, close within 30 days. Closing attorney Thomas Belenchia.

Thursday, August 8^th @ 1 p.m.

Property 304 BANK OWNED

SELLS FROM PROPERTY #303 Warner Road

509 Meta Street, Anderson (Anderson County) 29625

Property Description: Small frame home.

Open House: Call auctioneer for availability.

Directions: From Highway 76 in Anderson, west on West Mauldin, left onto Edgewood/ Tribble, right on Meta, look for auction sign.

Terms: 20% down day of auction, close within 30 days. Closing attorney Thomas Belenchia.

Thursday, August 8^th @ 4 p.m.

Property 306 BANK OWNED

East side of US 601, Miley (Hampton County), SC

Property Description: 7200 sf+- metal building on 1.304 acre lot with 206+- feet of frontage on US 601, with pitched roof on concrete slab.

Property Inspection: Thursday, August 1^st from 11 a.m.-1 p.m.

Directions: From I-95, exit 53 west onto Hwy 63, go 15 miles, right after Salkehatchie River onto State Route S 25 133 through Miley, right onto US 601, property on right.

Terms: 20% down at the auction, close within 30 days. Closing attorney Thomas Belenchia.

ALL SALES ONSITE UNLESS OTHERWISE NOTED!

Thursday, August 8^th @ 4 p.m.

Property 307 ESTATE LIQUIDATION

SELLS REGARDLESS OF PRICE

Point Road at Lake Hartwell, Hartwell (Hart County), GA 30643

Property Description: 6.38+- acre tract with 654+- feet of frontage on paved Point Road and 609+- feet of frontage on Lake Hartwell Corps of Engineers boundary. A land plan has been prepared showing 6 lakefront lots, a future right of way, and a 2.69+- acre interior tract. Selling together or divided. Contact Auctioneer for plat.

Directions: From I-85, exit 177 south onto Hwy 77into Hartwell, left onto Hwy 51, go 3.5 miles, right onto New Prospect Road, left at end onto Pineywoods, right onto Oak Crest/ Yacht Club, go .4 mile, left onto Point Road, property on the left at end.

Terms: 20% down day of auction, close within 30 days. Closing attorney Lane & Karlo.

Friday, August 9^th @ 10 a.m.

Property 401

East Side Peachtree Industrial Blvd, Suwanee (Gwinnett County), GA

Property Description: 7+- acre C-2 zoned tract divided into 2 parcels. One is a 1.1+- acre tract with 310+- feet of Peachtree Industrial Blvd frontage; the other is a 5.99+- acre tract behind it with access easement to Peachtree Industrial which allows office buildings only. Selling together or separate. Contact Auctioneer for plat.

Directions: Approximately .7 mile north of McGinnis Ferry Road intersection.

Terms: 10% down day of auction, balance in cash within 30 days.

Friday, August 9^th @ 1 p.m.

Property 402

1130 Windsor Parkway, Atlanta (Fulton County), GA 30319

Property Description: 1.37+- acre development tract currently zoned multifamily residential R-2. An older brick ranch and pool currently occupy the site. Site has 176.2+- feet of frontage on Windsor Parkway, depth from 334 feet (east boundary) to 365 feet (west) with 155' of width at the rear. Lots of adjoining new high end residential development. All utilities available although house is currently on septic.

Property Inspection: Friday, August 2^nd from 11 a.m.-1 p.m. Contact Auctioneer for plat.

Directions: From Peachtree Road, north on Peachtree Dunwoody, right onto Windsor Parkway, property on the left.

Terms: 20% down day of auction, close within 30 days. Closing attorney Larry Williams.

Friday, August 9^th @ 3 p.m.

Property 403

Glenwood Road, SE at Iris Lane, Decatur (Dekalb County), GA 30032

Property Description: 3 tracts totaling 2.3+- acres. Tract 1 is a 120'+- x 229'+- (.6+- acre) R75 tract on the west side of Iris. Tract 2 is a 1.8+- acre OI tract with 292'+- on Glenwood and 293'+- of frontage on the east side of Iris. Tract 3 is a narrow C-1 tract with 68' of frontage on Austin Road. Just inside I-285 on high-traffic section of Glenwood. Selling together or separately. All utilities available. Contact Auctioneer for plat.

Directions: From I-285, exit 44 west onto Glenwood, property on the right.

Terms: 20% down day of auction, close within 30 days. Closing attorney Earl Hickman.

Saturday, August 10^th @ 10 a.m.

Property 501 BANK OWNED

57 Macy Lane, Hoschton (Jackson County), GA 30548

Property Description: 4 bedroom 2.5 bath 2500+- sf two story traditional brick home with 2 car garage on .89 acre lot in Whitaker Downs subdivision.

Open House: Friday, August 2^nd from 11 a.m. - 1 p.m.

Directions: From I-85, exit 129 south on GA 53, left on GA 124, left on GA 60 over I-85, right on McNeal Road, left into Whitaker Downs subdivision.

Terms: 10% down at the auction, balance in cash within 30 days.

ALL SALES ONSITE UNLESS OTHERWISE NOTED!

Saturday, August 10^th @ 1 p.m.

Property 502 ESTATE LIQUIDATION

SELLS REGARDLESS OF PRICE

1995 Oak Road, Snellville (Gwinnett County), GA 30078

Property Description: Two adjoining residential lots. Lot 3 at 1995 Oak Road has 170'+- of frontage and is about .94 acre. Lot 4 has 190'+- of frontage and is about 1.03 acre. Both are zoned RS180. Selling together or divided.

Directions: From Highway 78 at Scenic Highway, north on Scenic Highway, left onto Oak Road, lots on the left after Ferndale.

Terms: 20% down day of auction, close within 30 days. Closing attorney Lane & Karlo..

Saturday, August 17^th @ 10 a.m.

Properties 601- 606 are a developer closeout. All will sell from the same location in front of Properties 605 and 606 at Wellington Circle.

SPECIAL BANK FINANCING AVAILABLE ON THESE NEW AND LIKE NEW HOMES! CONTACT RAYMOND WILLIAMS AT 256-734-4863 FOR DETAILS!

Property 601- Sells from Property #605

215 Willi Lane (County Road 1307), Vinemont (Cullman County), AL 35179

Property Description: 3 bedroom 2 bath large brick home with great room, very nice tile work in bathrooms, custom kitchen cabinets, 2 car garage on ¾ acre lot. County water and septic. Currently rented on a month to month basis for $1100/ month.

Open House: Call auctioneer for availability.

Directions: From I-65, exit 310 east onto Hwy 157. Go 2.6 miles, turn left onto County Road 1435. Go 1.1 mile, left onto County Road 1301, go .3 mile, right on Madison Avenue (C.R. 1300), right onto Willi Lane (C.R. 1307), auction sign on left at corner.

Terms: 10% down at the auction, balance in cash within 30 days. Closing attorney Finis St. John.

Property 602- Sells from Property #605

1501 Ann Street, NW, Cullman, AL 35055

Property Description: 3 bedroom 3 bath 2775+- sf 2 story brick and vinyl sided home with full basement and 2 car garage in established neighborhood on 140'+- x 115'+- corner lot. All utilities. Rented for $900/ month.

Open House: Call auctioneer for availability.

Directions: From I-65, exit 308 east onto Hwy 278. Go 1 mile, turn left onto Rosemont Avenue NW. Go .7 mile, left onto Ann Street, house on right corner.

Terms: 10% down at the auction, balance in cash within 30 days. Closing attorney Finis St. John.

Property 603- Sells from Property #605

2278 County Road 1223, Vinemont (Cullman County), AL 35179

Property Description: 3 bedroom 2 bath 1695 sf+- brick single level home with metal roof and 2 car garage on 5+- acre lot with large storage building with rollup door and power. County water and septic.

Open House: Monday, August 12^th from 11 a.m. - 1 p.m.

Directions: From I-65, exit 310 west onto Hwy 157. Go 1.7 miles, turn right onto County Road 1188, right fork onto County Road 1269. Go 2 miles, right onto County Road 1223, look for auction sign on the left.

Terms: 10% down at the auction, balance in cash within 30 days. Closing attorney Finis St. John.

Property 604- Sells from Property #605

1603 Woodland Street, NW, Cullman, AL 35055

Property Description: 3 bedroom 2 bath 1650+- sf stucco home with fireplace and 2 car garage on 100'+- x 200'+- lot. All utilities. Rented on a month to month basis.

Open House: Call auctioneer for availability.

Directions: From I-65, exit 310 east onto Hwy 157. Go .2 mile, turn right onto St. Joseph Drive NW. Go .4 mile, left onto Woodland Street, look for auction sign.

Terms: 10% down at the auction, balance in cash within 30 days. Closing attorney Finis St. John.

ALL SALES ONSITE UNLESS OTHERWISE NOTED!

Property 605

1721 Wellington Circle, SW, Cullman, AL 35055

Property Description: 2 bedroom 2 bath 1400+- sf garden style single level brick home on 40'+- x 100'+- lot with privacy fenced area in exclus