National Land Realty Auction Division, Broker Joel King and Louis Broker in Mississippi have contracted with the "Seller" Calvin Loveberry to offer to sell at public auction certain real property. National Land Realty Auction Division includes but is not limited to its agents, auctioneers, brokers, contractors, and employees. These following terms, plus any additions, deletions and/or revisions announced by National Land Realty Auction Division or its Auctioneer before the commencement of the auction, represent the exclusive terms for the Auction.

AUCTION FORMAT: This is a reserve live auction through National Land Realty Auction Division. Bidders may bid online and then the opening bid on September 17, 2026 (Sale Day) will be our high bid to begin the auction. IF YOU CAN'T ATTEND, PLEASE FURNISH A PHONE NUMBER SO WE CAN COMMUNICATE DURING THE AUCTION. The decision of National Land Realty Auction Division is final regarding all matters that arise during or after the auction. National Land Realty Auction Division reserves the right to preclude anyone from bidding if there is any question as to the potential Bidder/Buyers credentials, fitness to bid or ability to perform. Bidder shall not retract any bid.

REGISTRATION: Auction registration will be through National Land Realty Auction Division. Full description of the registration process will be detailed in the Property Auction Packet, through its website of auctions.nationalland.com or a representative of National Land Realty Auction Division. GO TO Nationallandrealty.com to register for this auction,

AGENCY: National Land Realty Auction Division is acting as an agent for the Seller. No third-party broker is acting as a sub-agent of National Land Realty Auction Division

PROPERTY: The property is described in the Property Auction Packet, a copy which is available from National Land Realty Auction Division through a representative or its website of auctions.nationalland.com.

CONDITIONS: The property will be offered for sale and conveyed subject to all conditions, covenants, deeds, easements, reservations, rights of way, title exceptions and matters record. All boundary lines noted in aerials, maps or pictures shall be considered estimates and not relied on as legal documents or descriptions and are provided as a courtesy to bidders. Total acreage is an estimate from county tax records unless a certified survey has been provided through the Property Auction Packet National Land Realty and Seller do not guarantee, represent, or warrant their accuracy or completeness. If the property contains any buildings/structures built prior to 1978; it may contain lead-based paint. This information will be disclosed in the Property Auction Packet, and any disclosures will be executed with a Sales Contract.

POSSESSION: Possession will be granted upon closing or such other date agreed to by all parties.

DUE DILIGENCE: All bidders shall make an informed decision about the auction and the property before making a bid. Bidder shall obtain professional advice and conduct any due diligence on the Property, Title Opinion/Report (available through National Land Realty Auction Division), information contained in the Property Auction Packet, public records, Terms of Auction, Sales Contract (copy available through National Land Realty Auction Division) and all circumstances, defects, facts, issues, problems, or other relevant matters. Collectively known n as property issues. All information provided by National Land Realty Auction Division was provided by the Seller and believed to be accurate, but neither National Land Realty Auction Division or the Seller guarantees represents or warrants its accuracy or completeness, and Bidder should not rely upon it without independent inspection and verification from sources Bidder knows to be reliable.

APPROVAL OF BIDS: Final sale is subject to Seller's approval

DEPOSIT: Buyer shall pay 10% of the auction sales price as a non-refundable deposit to the escrow Account of Austin Armistead, LLC, 6928 Cobblestone, Suite 100, Southhaven MS, 38672, 662-890-7575. Payment is due at time of execution of the purchase agreement. If for any reason Buyer fails to timely execute the Sales Contract or pay the deposit, Seller has the sole discretion to {A} Pursue all legal and equitable remedies against the Buyer, or {B} Declare Buyer's bid to be immediately forfeited, null and void, without any requirement of notice and immediately re-sell the Property to another Buyer

SALES CONTRACT: This is a CASH SALE and not contingent upon any matter, including Buyer obtaining financing. Immediately upon the Seller's acceptance of a final bid, the highest bidder will execute a real estate purchase contract (which shall be available for all registered bidders prior to Auction) with the Seller through National Land Realty. The Terms of the Auction are incorporated into the Sales Contract which defines the entire agreement between the Seller and Buyer. Buyer shall execute the Sales Contract and no additions, deletions or revisions shall be permitted.

TITLE: A Title Opinion/Report for the property being auctioned will be available to registered bidders prior to the auction. Prior to Closing, a Title Opinion/Report will be issued for each purchase contract on the land being sold for the amount of the successful bidder's final purchase price. Title Insurance will be used as evidence of marketable title with the cost of the premium to be paid by the Buyer.

CLOSING: The balance of the purchase price will be payable at closing by guaranteed funds or by wire transfer at the direction of Kimberly S. Jones, Attorney, Austin Armistead, LLC, 6928 Cobblestone Drive, Suite 100, Southaven, Mississippi 38672, 662-890-7575 the closing agent. The cost of any escrow closing service will be split equally between the Buyer and Seller. Closing will be on or before October 16th, 2026.

CONVEYANCE: Unless otherwise specified, conveyance of the Property shall be made to Buyer by General Warranty Deed, in fee simple absolute.

PRE-AUCTION OFFERS: If an acceptable offer is submitted to the Seller during the Marketing Period, the Seller reserves the right to cancel the Auction at their discretion

GOVERNING LAW: Any Auction matter and the Sales Contract shall be governed by the laws of Mississippi.

DISCLAIMER: Participation in the Auction is a Bidder's sole risk and the Seller and National Land Realty including their agents, auctioneer, contractors, and employees shall have no liability on any basis. The Property will be offered in it's entirety.

AS IS, WHERE IS condition. Seller and National Land Realty Auction Division unconditionally disclaim any guarantee, representation, or warranty of every kind, whether expressed, implied or statutory, whether oral or written, whether past, present, or future with respect to all Property Issues, except those provided in the Terms of Auction and the Sales Contract.

ANNOUNCEMENTS: The information contained herein has been obtained from the Seller and other sources deemed reliable. National Land Realty Auction Division has no reason to doubt its accuracy but will not guarantee it. The Seller and National Land Realty Auction Division assume no liability for omissions to, corrections or withdrawals of such information. Prospective Buyer should verify all information contained herein and int the Property Auction Packet. All Prospective Buyers are urged to fully inspect the property, its condition and to rely on their own conclusions. The Property is sold AS IS, WHERE IS. Any and all warranties including fitness for any particular purpose and are hereby expressly disclaimed. In no event shall Seller or National Land Realty Auction Division be liable for any consequential damages. ANY SELLER APPROVED ANNOUNCEMENTS MADE DURING AUCTION EVENT BY NATIONAL LAND REALTY OR ITS AUCTIONEER, WILL TAKE PRECEDENCE OVER ANY PRIOR WRITTEN, PUBLISHED, OR VERBAL INFORMATION PROVIDED OR STATED.

BUYERS PREMIUM: A buyer�s premium of 5.0% will be added to the high bid and paid by the buyer at closing to establish the �Total Contract Price�.

Make appointment to view the property by calling MS Broker Louis Holbrook 901-355-2988 / lholbrook@ntionalland.com


SALE IS SUBECT TO SELLERS APPROVAL

2023 Gravel Springs Road near Senatobia delivers a powerful blend of acreage, homesites, investment potential, and recreation � all with road frontage and power and water already on site. The tract offers predominantly flat, high ground, creating multiple prime building locations. Its layout and topography are ideal for a private residence, a small residential division, or a long-term landhold. Three ponds enhance the property�s design and support the creation of multiple homesites. This is a well-located, manageable tract with infrastructure in place and a wide range of potential uses � residential, recreational, or investment.