Loading...
HomeMy WebLinkAboutSW6220804_Property Deed_20230216ROBERT H. JONES (1995-2016) CECIL B. `BO" JONES JONES AND JONES, P.L.L.C. Lawyers and Counsellors 302 W. EDGERTON STREET P.O. BOX 397 DUNN, NORTH CAROLINA 28335 February 15, 2022 Chris Spears South River Electric Membership Corporation PO Box 931 Dunn, NC 28335 OFFICE NO. 910I892-2184 FACSIMILE NO.910/892-5487 Re: Purchase of 2.73 acres Grays Creek Township, Cumberland County, NC from Vance and Rebecca Tyson Dear Mr. Spears: Enclosed please find original recorded Deed and Temporary Construction Easement, Owner Affidavit and Indemnity Agreement, Settlement Statement and Title Opinion Letter in the above -referenced matter. If you have any questions, please feel free to contact me. Very truly yours, 1` Cecil B. Jones CBJ:asr Enc. BK 11389 PG 0591 FILED ELECTRONICALLY CUI�MRLAND COUNTY NC �. J. LEE WARREN, JR. FILED Feb 10, 2022 AT 12:00:30 PM BOOK 11389 START PAGE 0591 END PAGE 0593 INSTRIRAENT # 05853 RECORDING $26.00 EXCISE TAX $137.00 NORTH CAROLINA GENERAL WARRANTY DEED Prepared by and after recording, mail to: Cecil B. Jones, JONES AND JONES, P.L.L.C, PO Box 397, Dunn, NC 29335 EXCISE TAX: $137.00 Parcel Number: 0442-78-7881 THIS DEED, made this �1day of February, 2022, by and between, VANCE U. TYSON, JR, and wife, REBECCA D. TYSON, 4925 S N.C. 87 Highway, Fayetteville, North Carolina 28306 hereinafter called GRANTOR to SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION, a corporation existing under the laws of the State of North Carolina, PO Box 931, Dunn, North Carolina 28335, hereinafter callc d GRANTEE. The designation Grantors and Grantees as used herein shall include said parties, their heirs, successors, and assigns, and shall include singular, plural, masculine or feminine as required by context. WITNESS That the Grantors, for a valuable consideration paid by the Grantee, the receipt of which is hereby acknowledged, have and by these presents do grant. bargain, sell and convey unto the Grantee in fee simple, all of that certain lot or parcel of land situated in Grays Creek Township, Cumberland County, North Carolina and more particularly described as follows: BEGINNING at a point whose NC Grid coordinates are North 43994.19 feet East 2049383.86 feet being located in the new litre with Tyson; thence from said beginning point the following courses and distances: North 08 degrees, 01 minute 17 seconds East for a distance of 35.62 feet to an iron pin set; thence North 75 degrees 13 minutes 58 seconds East 229.88 feet to an iron pin set; thence South 34 degrees 59 minutes 41 seconds East 452.51 feet to an iron pin set; thence South 54 degrees 59 minutes 04 seconds Vilest 240 feet to an iron pin set in the new line with Tyson; thence as a common line with the western submitted electronically by "3ones and Jones, P.L.L.c." In compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Cumberland county Register of Deeds. NORTH CAROLINA GENERAL WARRANTY DEED Prepared by and after recording, mail to: Cecil B. Jones, JONES AND JONES, P.L.L.C. PO Box 397, Dunn, NC 28335 EXCISE TAX: $137.00 Parcel Number: 0442-78-7881 THIS DEED, made this 1"' day of February, 2022, by and between, VANCE U. TYSON, JR. and wife, REBECCA D. TYSON, 4925 S N.C. 87 Highway, Fayetteville, North Carolina 28306 hereinafter called GRANTOR to SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION, a corporation existing under the laws of the State of North Carolina, PO Box 931, Dunn, North Carolina 28335, hereinafter called GRANTEE. The designation Grantors and Grantees as used herein shall include said parties, their heirs, successors, and assigns, and shall include singular, plural, masculine or feminine as required by context. WITNESSETH: That the Grantors, for a valuable consideration paid by the Grantee, the receipt of which is hereby acknowledged, have and by these presents do grant, bargain, sell and convey unto the Grantee in fee simple, all of that certain lot or parcel of land situated in Grays Creek Township, Cumberland County, North Carolina and more particularly described as follows: BEGINNING at a point whose NC Grid coordinates are North 43994.19 feet East 2049383.86 feet being located in the new line with Tyson; thence from said beginning point the following courses and distances: North 08 degrees 01 minute 17 seconds East for a distance of 35.62 feet to an iron pin set; thence North 75 degrees 13 minutes 58 seconds East 229.88 feet to an iron pin set; thence South 34 degrees 59 minutes 41 seconds East 452.51 feet to an iron pin set; thence South 54 degrees 59 minutes 04 seconds West 240 feet to an iron pin set in the new line with Tyson; thence as a common line with the western line of Tyson, North 34 degrees 59 minutes 41 seconds West 506.04 feet to the point and place of Beginning and containing 2.73 acres, more or less according to that minor subdivision final plat, South River Electric Membership Corporation prepared by Lawrence Associates dated January 6, 202 1. There is conveyed together herewith that 20' wide perpetual easement previously conveyed to Grantee as set forth in Book 1369, page 001 and Book 1369, page 009 Cumberland County Registry, which is incorporated herein by reference. The property herein described is not the primary residence of the Grantors (NCGS 105- 317.2). The property herein above described was acquired by Grantors by instrument in Book 1009, Page 887, Cumberland County Registry. TO HAVE AND TO HOLD the aforesaid lots or parcels of land and all privileges and appurtenances thereto belonging to the Grantee in fee simple. And the Grantors covenant with the Grantee, that Grantors are seized of the premises in fee simple, have the right to convey the same in fee simple, that title is marketable and free and clear of all encumbrances, and that Grantors will warrant and defend the title against the lawful claims of all persons whomsoever except for the exceptions hereinafter stated. Title to the property herein above described is subject to the following exceptions: a. General utility easements for phone and power purposes. b. Roadways and rights -of -way of record and those visible by inspection of the premises. C. Such facts as an environmental study on the subject property by an environmental engineer would reveal. IN WITNESS WHEREOF, the Grantors have hereunto set their hands and seals the day and year first above written. v� Z/ A -- -- W2,1(SEAL) VANCE U. TY N, fR. AS (SEAL) BA ,. > NORTH CAROLINA 0,w- nber ("n ,( COUNTY I, M cx, ~ ( c a8 , a Notary Public for C'0'MW6e r l c'�... County, North Carolina, do h reby certify that VANCE U. TYSON, JR. and wife, REBECCA D_ TYSON appeared before me this day and acknowledged the due execution of the foregoing instrument for the purposes therein expressed. Witness my hand and notarial seal, this the day of February, 2022. MARY R TODD NOTARY PUBLIC CUMBERLAND J UN . NC � C� td mycomrn Notary Pub c My Commission Expires: d I ac4 to 1 , 4 BK 11389 PG 0594 FILED ELECTRONICALLY CUMBERLAND COUNTY NC J. LEE WARREN, JR. FILED Feb 10, 2022 AT 12:00:30 PM BOOK 11389 START PAGE 0594 END PAGE 0598 INSTRUMENT # 05854 RECORDING $26.00 EXCISE TAX $0.00 Prepared by and after recording, mail to: Cecil B. Jones, JONES AND JONES, PLLC, PO Box 397, Dunn, NC 28335 TEMPORARY CONSTRUCTION EASEMENT FROM VANCE U. TYSON, J.R AND WIFE, REBECCA D. TYSON TO SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION Revenue Sumps: None submitted electronically by "Janes and Jones, P.L.L.C." in compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Cumberland County Register of Deeds. Prepared by and after recording, mail to: Cecil B. Jones, JONES AND JONES, PLLC, PO Box 397, Dunn, NC 28335 TEMPORARY CONSTRUCTION EASEMENT FROM VANCE U. TYSON, J.R AND WIFE, REBECCA D. TYSON TO SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION Revenue Stamps: None NORTH CAROLINA COUNTY OF CUMBERLAND Revenue Stamps: None TEMPORARY CONSTRUCTION EASEMENT THIS EASEMENT, entered into this the 7th day of February, 2022 by and between VANCE U. TYSON, JR., and wife, REBECCA D. TYSON, 4925 S N.C. 87 Highway, Fayetteville, North Carolina 28306, hereinafter referred to as the GRANTOR and SOUTH RIVER ELECTRIC MEMBERSHIP CORPORATION, a North Carolina Electric Membership Cooperative, P.O. Box 931, Dunn, North Carolina 28335, hereinafter referred to as "SOUTH RIVER". WITNESSETH: THAT WHEREAS South River intends to build the Rebekah Evans 230 kV Tap -in Substation on a 2.73 acre tract of land more or less, which property is being conveyed by the Grantor to South River simultaneously with the execution of this Easement; AND WHEREAS, Grantor recognizes that South River will need a temporary easement for the purpose of performing construction activities relating to said substation. NOW, THEREFORE, in consideration of said benefits and further consideration of Three Thousand Six Hundred Forty and 00/100 ( $3,640.00) Dollars and other valuable considerations, the Grantor conveys to South River, its successors and assigns a temporary construction easement in the following described areas and interests: That 1.459 acre tract of land adjoining the 2.727 acre tract of land being conveyed to South River on the southwest side of said tract designated as "Temporary Construction Easement" on Exhibit "A" attached hereto and incorporated herein by reference. That Grantor is specifically granting South River said temporary construction easement for the purpose of performing construction activities and laying, storing, erecting, parking, and/or protecting any equipment, vehicles, materials, fill, components, parts and tools that will be associated with and necessary for the construction of the Rebekah Evans 230 kV Tap -in Substation that will be built, used and maintained by South River as part of South River's electric system. South River shall have the right, but not the obligation, to install temporary fencing around the temporary construction easement area and to exclude all persons from any fenced portions of said area. The Temporary Construction Easement shall terminate upon South River placing all facilities, including, but not limited to the Rebekah Evans 230 kV Tap -in Substation for which this temporary construction easement is being acquired, in service and upon the release of South River from its obligations under all permits issued for construction of such facilities including, without limitation, all sedimentation and erosion control permits. Upon completion of construction and all facilities being placed in service, South River shall restore the Temporary Construction Easement area to substantially the same condition as it existed prior to their entry thereon, ordinary wear and tear excepted. The Temporary Construction Easement shall not grant South River the right to place any permanent electric transmission or distribution lines or appurtenant facilities in the Temporary Construction Easement area. Grantor warrants and represents that he owns fee simple title to the Temporary Construction Easement area and that he has full right and authority to convey the Temporary Construction Easement as provided herein. IN WITNESS WHEREOF, the Grantor has hereunto set his hand and seal the day and year first above written. Z/;Wz,��`4-,(SEAL) VAN E U. TY ON, (SEAL) REBECCA D. TYSO ORTH CAROLINA er COUNTY I, a.( , a NotaryPublic for North Carolina, do hereby certify that VANCE U. TYSON, JR & REBECCA D. TYSON. appeared before me this day and acknowledged the due execution of the foregoing instrument for the purposes therein expressed. Witness my hand and notarial seal, this the q-LL- day February, 2022. MARY R TODD NOTARY PUBLIC CUMBERLANQ qOUNTY, NC MY Coen My Commission Expires:�C `-yl`l c Lc( Notary Pu c I • EXHIBIT - A Th'19 maP may not be a certified survey and has not been reviewed by a local government agenSy for gqMpliAnce with an -linahlin land deve-lopmQnt.-r-equ4, tiARF; and has not beenroview.Edfor compliance with recording requirements for plats. r7 Cc> mz=,� I mkREMWKAH F-VANG 2MV Poo ••M166 COUNry-w- 9-011VA- 1 4.41."qwq. . . . . . . . . . . . SMU -WV MV A OWNER AFFIDAVIT AND INDEMNITY AGREEMENT (NO RECENT IMPROVEMENTS AND NO EXECUTORY CONTRACTS FOR IMPROVEMENTS) PARTIES: All parties identified in this section must execute this Agreement. Owner: Vance U. Tyson, Jr. (NOTE: A separate Agreement is required for each successive owner in the 120-Day Lien Period.) PROPERTY: 2.73 acres at 5029 87 NC Highway South, Fayetteville, NC 28306 (Insert street address or brief description and/or attach a description as Exhibit A Include here any real estate that is a portion of a larger, previously unsegregated tract when that area is reasonably necessary for the convenient use and occupation of Improvements on the larger tract) DEFINITIONS: The following capitalized terms as used in this Agreement shall have the following meanings: • Improvement: All or any part of any building, structure, erection, alteration, demolition, excavation, clearing, grading, filling, or landscaping, including trees and shrubbery, driveways, and private roadways on the Property as defined below. • Labor. Services or Materials: ALL labor, services, materials for which a lien can be claimed under NGGS Chapter 44A, Article 2, including but not limited to professional design services (including architectural, engineering, landscaping and surveying) andlor rental equipment. • Contractor: Any person or entity who has performed or fumished or has contracted to perform or fumish labor, Services or Materials pursuant to a contract, either express or implied, with the Owner of real property for the malting of an improvement thereon. (Note that services by architects, engineers, landscapers, surveyors, fumishers of rental equipment and contracts for construction on Property of Improvements are often provided before there is visible evidence of construction.) • 120-Day Lien Period: The 120 days immediately preceding the date of recordation of the latter of the deed to purchaser or deed of trust to lender in the Office of the Register of Deeds of the county in which the Property is located. • Owner Any person or entity, as defined in NCGS Chapter 44A, Article 2, who has or has had any interest in the Property within the 120-Day Lien Period. For the purposes of this Agreement, the term Owner includes- (i) a seller of the Property or a borrower under a loan agreement secured by the Property; (ii) a person with rights to purchase the Property under a contract and for whom an Improvement is made and who ordered the Improvement to be made; and (iii) the Owner's successors in interest and agents of the Ureter acting within their authority. • Companjr The W insurance company providing the title policy for the transaction contemplated by the parties herein. • Promo errt : The real estate described above or on Exhibit A and any leaseholds, tenements, hereditaments, and improvements placed thereon. • All defined terms shall include the singular or plural as required by context AGREEMENT: For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and as an inducement to the purchase of the Property by a purchaser and/or time making of a loan by a lender secured by a deed of trust encumbering the Property and the issuance of a title insurance policy or policies by Company insuring title to the Property without exception to liens for Labor, Services or Materials; Owner first being duty sworn, deposes, says and agrees: 1. Certifications: Owner certifies that at no time during the 120-Day Lien Period have any Labor, Services or Materials been famished in connection with a contract, express or implied, for Improvements to the Property (including architectural, engineering, landscaping or surveying services or materials or rental equipment for which a lien can be claimed under NCGS Chapter 44A) nor have any Labor, Services or Materials been fumished on the Property prior to the 120-Day Lien Period that will or may be completed after the date of this affidavit OR only minor repairs and/or alterations to pre-existing Improvements have been made and Owner certifies such repairs and/or alterations have been completed and those providing Labor, Services or Materials for the repairs have been paid in full. The Owner further certifies that no Mechanics Lien Agent has been appointed. 2. Reliance and Indemnification: This Agreement may be relied upon by the purchaser in the purchase of the Property, a lender to make a loan secured by a deed of trust encumbering the Property and by Company in issuance of a title insurance policy or policies insuring title to the Property without exception to matters certified in this Agreement The provisions of this Agreement shall survive the disbursement of funds and dosing of this transaction and shall be binding upon Owner and anyone claiming by, through or under Owner. Owner agrees to indemnify and hold purchaser, lender, and Company harmless of and from any and aN loss, cost, damage and expense of every kind, and attorneys fees, costs and expenses, which the purchaser, lender or Company shalt or may incur or become liable for, directly or indirectly, as a result of reliance on the certifications of Owner made herein or in enforcement of the Company's rights hereunder. 3. NCI.TA Copyright and Entire Agreement: This Agreement and any attachments hereto represent the entire agreement between the Owner and the Company, and no prior or contemporaneous agreement or understanding inconsistent herewith (whether oral or written) pertaining to such matters is effective. THIS IS A COPYRIGHT FORM and any variances in the form provisions hereof most be specifically stated in the blank below and agreed to in writing by the Company. No modification of this Agreement, and no waiver of any of its terms or conditions, shall be effective unless made in writing and approved by the Company. PROVIDING A FALSE AFFIDAVIT IS A CRIMINAL OFFENSE EXECUTION BY OWNER SEAL By: -'-L o"'6er State of Nc County of +mwmw-- Signed and sworn to (or affirmed) before me—1* day by MARY R TODD NOTARY PUBLIC CUMBERLAND qcxi , NC IL4 � ExPiies Printed or Typed Namefi" noff Q. Tyson, Jr. By: G`'1e(s°itx°'is)] Date: C Notary Public My Commissl0 xpires: Printed or Typed NamrlTrtle; @ North Carolina Land Title Association, Manor 2013 Form No.1: OWNER AFFIDAWTAND INDEMNITY AGREEMENT (NO RECENT IMPROVEMENTS) OWNER AFFIDAVIT AND INDEMNITY AGREEMENT (NO RECENT IMPROVEMENTS AND NO EXECUTORY CONTRACTS FOR IMPROVEMENTS) PARTIES: All parties identified in this section must execute this Agreement owner. Rebecca D. Tyson (NOTE: A separate Agreement is required for each successive owner in the 120-Day lien Period.) pRppERn; 2.73 acres at 5029 87 NC Highway South, Fayetteville, NC 28306 (Insert street address or grief description and/or attach a description as Exhibit A. Include here any real estate that is a portion of a larger, previously unsegregated tract when that area is reasonably necessary for the convervent use and occupation of Improvements on the larger tract) DEFlNITIONS: The following capitalized terms as used in this Agreement shall have the following meanings: • Improvement AN or any part of any building, structure, erection, alteration, demolition, excavation, clearing, grading, filling, or landscaping, including trees and shrubbery, driveways, and private roadways on the Property as defined below. • Labor. Services or Materials: ALL labor, services, materials for which a lien can be claimed under NCGS Chapter 44A, Artide 2, including but not limited to professional design services (including architectural, engineering, landscaping and surveying) and/or rental equipment, a Contractor. Any person or entity who has performed or fumished or has contracted to perform or furnish Labor, Services or Materials pursuant to a contract, either express or implied, with the Owner of real property for the making of an Improvement thereon. (Note that services by architects, engineers, landscapers, surveyors, furnishers of rental equipment and contracts for construction on Property of Improvements are often provided before there is visible evidence of construction.) • 120-Day Lien Period: The 120 days immediately preceding the date of recordation of the latter of the deed to purchaser or deed of trust to lender in the Office of the Register of Deeds of the county in which the Property is located. . Owner: Any person or entity, as defined in NCGS Chapter 44A, Article 2, who has or has had any interest in the Property within the 120-Day Lien Period. For the purposes of this Agreement, the term Owner includes: (i) a seller of the Property or a borrower under a loan agreement secured by the Property; (ii) a person with rights to purchase the Property under a contract aril for whom an Improvement is made and who ordered the Improvement to be made; and (iii) the Owner's successors in interest and agents of the Owner acting within their authority. • Company: The We insurance company providing the title policy for the transacdion contemplated by the parties herein. . Property: The real estate described above or on Exhibit A and any leaseholds, tenements, hereditaments, and improvements placed thereon. • Ali defined terms shall include the singular or plural as required by context. AGREEMENT: For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and as an inducement to the purchase of the Property by a purchaser and/or the making of a ban by a lender secured by a deed of trust encumbering the Property and the issuance of a title insurance policy or policies by Company insuring tide to the Property without exception to liens for Labor, Services or Materials; Owner first being duty sworn, deposes, says and agrees: 1. Certifications: Owner certifies that at no time during the 120-bay Lien Period have any Labor, Services or Materials been famished in connection with a contract express or implied, for Improvements to the Property (including architectural, engineering, landscaping or surveying services or materials or rental equipment for which a lien can be claimed under NCGS Chapter 44A) nor have any Labor, Services or Materials been furnished on the Property prior to the 120-Day Lien Period that will or may be completed after the date of this affidavit OR only minor repairs and/or alterations to pre-existing Improvements have been made and Owner certifies such repairs and/or alteralons have been completed and arose providing Labor, Services or Materials for the repairs have been paid in full. The Owner further certifies that no Mechanics Lien Agent has been appointed. 2. Reliance and Indemnification: This Agreement may be relied upon by the purchaser in the purchase of the Property, a lender to make a loan secured by a deed of trust encumbering the Property and by Company in issuance of a title insurance policy or policies insuring title to the Property without ex option to matters certified in this Agreement, The provisions of this Agreement shall survive the disbursement of funds and dosing of this transaction and shall be binding upon Owner and anyone claiming by, through or under Owner. Owner agrees to indemnify and hold purchaser, lender, and Company harmless of and from any and all loss, cost, damage and expense of every kind, and attorneys fees, ousts and expenses, which the purchaser, lender or Company shall or may incur or become liable for, directly or indin;ctly, as a result of reliance on the certifications of Owner made herein or in enforcement of the Company's rights hereunder_ 3. NCLTA Copyright and Enf m Agreement: This Agreement and any attachments hereto represent the entire agreement between the Owner and the Company, and no prior or contemporaneous agreement or understanding inconsistent herewith (whether oral or written) pertaining to such matters is effective. THIS 1S A COPYRIGHT FORM and any variances in the form provisions hereof must be specifically stated in the blank below and agreed to in writing by the Company. No modification of this Agreement, and no waiver of any of its terms or conditions, shall be effective unless made in writing and approved by the Company. PROVIDING A FALSE AFFIDAVIT IS A CRIMINAL OFFENSE EXECUTION BY OMER SEAL Stleof NC County of -Ecru Signed and sworn to (or affimned) behxe me this day by Rebecca D. 7y x g MARY R TO(!© NOTARY PUBLIC CUMBERlAND COUNTY, N M, commissi EXPIM or yped NamwTtle: ebeC son By: [insert riame(s) of pnnci*s)]_ Date: ��'i _ Notary Public My CommiWo xpires: W a Printed or Typed Namell-tle: ® North Carolina Land Title Association, March 2013 Form No.1: OWNER AFFIDAVIT AND INDEMNITY AGREEMENT (NO RECENT IMPROVEMENTS) A. A U.S. DEWIRTIkNT OFrHOUSING & URBAN DEVELOPMIEENT 1 EA 2• Fml lA 3. CONV. UNINS. 4. �]VA 6. FIUMBER: 7. LOAN NUMBER: SETTLEMENT STATEMENT 8. MORT GE INS CASE NUMBER: C. NOTE: This dorm Ls ftxn*9ir d10gk s y„ou a statement of acruarsett�me rr arts dtrms marked 7POC)'► em pakt art&* the ctosirrs: tYrey ars sFawn here nxxm apa rand by tale seMlement agent are shown. purposes and are not incko*d in the toterk D. NAME AND ADDRESS OF BUYER: E. NAME AND ADDRESS OF SELLER: F. NAME AND ADDRESS OF LE South River Electric Membership Corporation Ranee U. Tyson, Jr. and PO Box 931 Rebecca D. Tyson Dunn, NC 28335 4925 S NC 87 Hwy Fayeit vft. NC 28306 G. PROPERTY LOCATION: H. SETTLEMENTAGENT S.UCONV INS. 2.73 acres Grays Creek Tovmship 1. SETILEMENT DATE: Cumberland County, INC Jones and .Jones, RL.L.C. PLACE OF SETTLEMENT February 9.2022 302 W. Edgerton Street Dunn, NC 28334 Price 101. Con4Pjawrtv r 102. Pers 68.250.00 401. Contract Sales Price 103. Settles to 1400 402. Personas P1.086.00 403.E104. 105.a05. 404. 106, fto I 107. Coup Taxes 406. C /Town Taxes to 108. Assessments I to 407. CountyTaxes to i 109. 408. Assawmenis to � 110, 409. 111. l 410. 112. 411. # y2r? GI3QS$AA�Ot111iTDUEf14ptl8ilYt ft 412. ! 200. AMOUNTS F�1UD BY OR 1N BEHALF OF $ 69.336 .00 420 Gft SArttOU►1ITDUE7OSELLER ER: 201. De oreamest 500. REDUCTI N 1N MOUNT DUE TO St=1 I Prl l Amount of New Loan s 1,000.00 501. Excess Instnrctiorrs I r�203.F�dstir roans taken sub ea to i 5Q2. Settlement Cha es to Seller ' e 1400503. 1504. Existin loans taken su ' to f Pavoff of firm monnarm c r u. ',n r lum raze$ to I 211. Coun Taxes 510. City/Town Taxes to f 212, Assessments to ! 511. County Taxes 213. 512. Assessments 214. 513. f 215. 514.! 217. 5t5. ? 217. 516. 218. f 517. 219_ 518. i 22p T07AL PAID t3Y/FOq L3ItYER 519. 3W. CASH AT tYtENTFuyerg;D BUYER: 1,000.00 520. TOTAL ftEDUC77r7V11 301. GrossAmount Due From r " e 120 600. CASH ATSETTLEME 302. Less Amount Paid r r " e 220 69.336.00 501. 'FossAmount Due Tc i ( 303. CASH X FRQM ( TO)BUYER 1.000.00 602. Less Reductions Due The undersigned hereby acknoWedge receipt of a completed 68 336.00 603 CASH( X TO) ( A copy of ip Buyer South=1%14 pages 1 a2 of thrs statement & any a m Seler Fallon +� t3Y:�'J Vance to to to to 7 6E 1 67 Tyson rWj(2FFOM euDrROM Division ofC4mmiss w 9m717p as Fbibws: eu-zns SELLERS b PUNDSAff ruNosxr SETT UABNT Ssrn.EMENr 901. Interest Rom to a $ /day ( days %) 902. M1P Totlns for L7eU[Rm'- for months to 903. Hazard Insurance Premium for 1.0 yeals. to 904. 905. 1000. fiESERVES DE 1001. Hazard insurance ENDER months a $ per month 1002. Mortgage insurance months a $ per month 1003. C !Town Taxes months a $ per month 1004. County Takes months A $ per month 1005. Assessments months e $ per month 1006. months 0 S per month 1007. months 9 S per month 1008• r months @ S per month 1101. SeUkKnantorClosring Fee to Jones and Jonos,PL.L.C. 1102. Abstractor TMe Search M 1050.tx} 1107. Attorneys Fees to 1112. 1113. jMQ. 99VERNMENT 1201. Recordn Fees: Deed $ 36.00 ; Mortgage $ Releases S 1202. C /Coun Tax/Stam : Deed ;Mortgage 1203. State TawStarn • Revenue Stamps 137.00; Mortgage 1204. 1205. a0Q. ADDITIONAL.SEMEMMCHAgGC2 1301. Surve to 1302. Pest Irwection to 1303. 19-22 Deferred Taxes to Cumberland County Tax Office 1304. 1305. 1400. TOTAL SEMEMENT CHARGES an Lines 103, Section J and 502, Section K 1,01 By sfgnhg page 1 of this statement, the signatories admovdedge receipt of a Completed copy of page 2 of this tKo page statement. L,P f-�, 9" Ced fled to be a true copy .cones and Jones, P.L.L. . Settlement Agent 137. 791 (SF1EW-reSON2= SF WrfSDN2M,71 ROBERT H. JONES (1995-2016) CECIL B. "BO" JONES JONES AND JONES, P.L.L.C. Lawyers and Counsellors 302 W. EDGERTON STREET P.O. BOX 397 DUNN, NORTH CAROLINA 28335 February 15, 2022 Chris Spears South River Electric Membership Corporation PO Box 931 Dunn, NC 28335 OFFICE NO. 910/892-2184 FACSIMILE NO.9101892-5487 Re: Purchase of 2.73 acres, Grays Creek Township, Cumberland County, NC from Vance and Rebecca Tyson Dear Mr. Spears: Pursuant to your request, we have made an examination of all public records of Cumberland County that do or may disclose information affecting the title to the property described in that deed from Vance U. Tyson, Jr. and wife, Rebecca D. Tyson to South River Electric Membership Corporation dated February 7, 2022 and recorded February 10, 2022 in the office of the Register of Deeds of Cumberland County in Book 11389, Page 591. As a result of this examination, we are of the opinion that as of the time of recordation of the above - described Deed that you held a marketable and indefeasible title, in fee simple, to the said property and that you have the right to convey said property free and clear of all encumbrances of record except for any usual utility easements and road rights -of -way, and direct access to a public right of way. You do have direct access to public right of way by a valid easement. While this certificate does not apply to any matter not appearing in the public records of Cumberland County, we call your attention to the fact that the title to this property may be affected by the following matters, among others, which do not appear of record and which are not covered by this certificate: (a) Claims, if any, for labor or services performed or materials furnished in connection with any construction or repairs to the property and for which no notice of lien has been filed in the office of the Clerk of Superior Court; (b) Unrecorded leases or rental agreements for three years or less relating to the property, if any; (c) Rights of persons in possession of the property, if any; (d) Matters of description and survey; (e) Compliance with any local, county, state or federal government law or regulation relative to zoning, subdivision, occupancy, use, construction or development of the subject property. (f) Such facts as an environmental study on the subject property by an environmental engineer would reveal. The property is listed for taxes in Grays Creek Township. All Cumberland County ad valorem taxes assessed against the property for all years up to and including year 2021 have been paid in full. Very truly yours, Jones and Jones, P.L.L.C. Cecil B. Jones CBJ:asr