It's just one tap at that sink, clearly identified, in addition to the regular hot & cold water taps. I don't run my main hot water tank at 195F, that would be dumb.
Yep, I have a separate tap at the kitchen sink which is connected to a small (about 3 liters IIRC) tank underneath. I have it set to 195F, though it can be set as high as 210F. There is a receptacle in the cupboard under the sink where it plugs in.