NOTICE OF SALE OF PERSONAL PROPERTY
Southwest Tennessee Development District (referred to herein as "Secured Party”), as
the holder of an indebtedness from Debtor to Secured Party, shall offer at Public Sale,
to the last, highest and best bidder for cash, the personal property described herein
below (all stated property referred to collectively herein as "Personal Property").
Secured Party will be selling the subject personal property pursuant to a public auction
by a sealed bid process on Tuesday, October 26, 2021, at 12:00 PM (noon) following
the terms of sale herein described below. To obtain a more specific list of the Personal
Property, contact Secured Party, c/o Teresa Sanders, at 731-668-6428.
The Personal Property will be sold by the Secured Party only pursuant to its rights
under the Uniform Commercial Code as adopted by the State of Tennessee, § 47-9-
101, et seq., Tennessee Code Annotated. The Secured Party will convey the Personal
Property to the successful purchaser subject to any unpaid personal property taxes and
subject to any liens, leases or contracts which may have priority over the rights of the
Secured Party. The Personal Property will be sold "AS IS, WHERE IS." THERE IS NO
WARRANTY RELATING TO TITLE, POSSESSION, QUIET ENJOYMENT, OR THE
LIKE IN THIS DISPOSITION. THE SALE OF THE PERSONAL PROPERTY WILL BE
MADE WITHOUT ANY WARRANTY, EITHER EXPRESS OR IMPLIED, AS TO
CONDITION, MERCHANTABILITY OR FITNESS FOR ANY USE OR PURPOSE
WHATSOEVER. The Secured Party will convey only such title to the Personal Property
as is vested in the Secured Party under the Tennessee Uniform Commercial Code. The
Secured Party reserves the right to make announcements at the time of the sale
regarding the terms of the sale.
ITEMS TO BE SOLD: 2003 Bullet Boat 21XD and hull (BB021X97K203) with trailer;
and Vtrex Trolling Motor.
TERMS OF SALE:
1. Southwest Tennessee Development District will sell the above-listed personal
property in bulk by public sale through sealed, competitive bidding. Bids will be
accepted until 12:00 PM (noon) CDT on Tuesday, October 26, 2021. Bids
received after the date and time specified will not be accepted and will be
returned to the bidder unopened.
2. The sale will take place at Southwest Tennessee Development District’s office,
located at 102 E. College Street, Jackson, TN 38301.
3. All bids should be delivered to Southwest Tennessee Development District; c/o
Teresa Sanders; 102 E. College Street; Jackson, TN 38301.
4. No deposit is required for the proposed bid price.
5. Bids must be submitted in a sealed envelope marked, “Sealed Bid for Bullet
Boat” and shall be signed by the prospective purchaser.
6. Possible bidders may view and inspect the subject personal property by
scheduling an inspection with Southwest Tennessee Development District (731-
668-6428).
7. Southwest Tennessee Development District reserves the right to reject any
noncompliant bids.
8. The successful bidder shall pay the successful purchase price in full with certified
funds or cashier’s check made payable to Southwest Tennessee Development
District no later than 12:00 PM (noon) CDT on or before Tuesday, October 26,
2021.
Debtor is entitled to an accounting of the unpaid indebtedness secured by the Personal
Property that we intend to sell.
Interested Parties: Clark Family Clinic, LLC, John David Clark, and Charlene Ellsworth
Clark (collectively “Debtors”).
Attorney for Secured Party:
________________________
Hayden T. Cherry
RAINEY, KIZER, REVIERE & BELL, PLC
105 South Highland Avenue
Jackson, TN 38301
(731) 423-2414