55002_MANGUM, TOM_20091104

❑ CAMA / ❑DREDGE &FILL
GENERAL PERMITV110 Previous permit #
New v ❑Moaification ❑Complete Reissue ❑Partial Reissue 99C Date previous permit issued
As authorized by the State of North Carolina, Department of Environment and Natural Resources
and the Coastal Resources Commission in an area of environmental concern pursuant to I SA NCAC
❑ Rules attached.
Applicant Name Project Location: County
Address Street Address/ State Road/ Lot #(s)
City
Phone # O _
Authorized Agent
El CW
Affected
AEC(s):
El OEA
❑ PWS:
ORW:
yes / no
State ZIP
Fax # ( )
❑ EW ❑ PTA D ES -I PTS
D HHF ❑ IH ❑ UBA ❑ N/A
❑ FC:
PNA yes / no Crit.Hab. yes / no
Type of Project/ Activity
Pier (dock) length
Platform(s)
Finger piers}
Groin length
number
Bulkhead/ Riprap length
avg distance offshore_ _
max distance offshore
Basin, channel
cubic yards
Boat ramp ,/ f
Boathouse/ Boatlift .'
Beach Bulldozing
Other
i
Shoreline Length
/`-7
SAV: not sure
yes ' no
Sandbags: not sure
yes no
Moratorium: n/a
Photos:
yes no
x.
yes Cno
Waiver Attached:
yes no —
A building permit may be required by:
Notes/ Special Conditions
Agent or Applicant Printed Name
f
Signature ** Please read compliance statement on back of permit **
Application Fee(s) Check #
Subdivision
�
City �. l i t �- ZIP � - ,
_
Phone # (�) } River Basin
Adj. Wtr. Body nat man unkn
L
Closest Maj. Wtr. Body
(Scale: )
See note on back regarding River Basin rules.
he time period requirement for this
development is suspended until 12-31-
- 2010, pursuant to Senate Bill 831. The
Permit Officer's Signature effective date of expiration for this
permit is (!��
Issuing Date Expiration Date
Local Planning Jurisdiction Rover File Name

Statement of Compliance and Consistency
This permit is subject to compliance with this application, site drawing and attached general and specific conditions. Any
violation of these terms may subject the permittee to a fine or criminal or civil action; and may cause the permit to become
null and void.
This permit must be on the project site and accessible to the permit officer when the project is inspected for compliance. The
applicant certifies by signing this permit that 1) prior to undertaking any activities authorized by this permit, the applicant will
confer with appropriate local authorities to confirm that this project is consistent with the local land use plan and all local
ordinances, and 2) a written statement or certified mail return receipt has been obtained from the adjacent riparian
landowner(s) .
The State of North Carolina and the Division of Coastal Management, in issuing this permit under the best available
information and belief, certify that this project is consistent with the North Carolina Coastal Management Program.
River Basin Rules Applicable To Your Project:
❑ Tar - Pamlico River Basin Buffer Rules ❑ Other:
❑ Neuse River Basin Buffer Rules
If indicated on front of permit, your project is subject to the Environmental Management Commission's Buffer Rules for the
River Basin checked above due to its location within that River Basin. These buffer rules are enforced by the NC Division of
Water Quality. Contact the Division of Water Quality at the Washington Regional Office (252-946-6481) or the Wilmington
Regional Office (910-796-7215) for more information on how to comply with these buffer rules.
Division of Coastal Management Offices
Raleigh Office
Morehead City Headquarters
Mailing Address:
400 Commerce Ave
1638 Mail Service Center
Morehead City, NC 28557
Raleigh, NC 27699-1638
252-808-2808/ 1-888-4RCOAST
Location:
Fax: [phone]
2728 Capital Blvd.
(Serves: Carteret, Craven, Onslow -above
Raleigh, NC 27604
New River Inlet- and Pamlico Counties)
919-733-2293
Fax:[phone]
Elizabeth City District
1367 U.S. 17 South
Elizabeth City, NC 27909
252-264-3901
Fax: [phone]
(Serves: Camden, Chowan, Currituck,
Dare, Gates, Pasquotank and Perquimans
Counties)
Washington District
943 Washington Square Mall
Washington, NC 27889
252-946-6481
Fax: [phone]
(Serves: Beaufort, Bertie, Hertford, Hyde,
Tyrrell and Washington Counties)
Wilmington District
127 Cardinal Drive Ext.
Wilmington, NC 28405-3845
910-796-7215
Fax: [phone]
(Serves: Brunswick, New Hanover,
Onslow -below New River Inlet- and
Pender Counties)
Revised 08/09/06

or
NCDENR
North Carolina Department of Environment and Natural Resources
Division of Coastal Management
Beverly Eaves Perdue, Governor James H. Gregson, Director Dee Freeman, Secretary
Date
Name of Property Owner Applying for Permit: Ns 3 1Q05
morehead GRY DOM
Mailing Address:
12, D. z:?nx y/L
I certify that I have authorized (agent) to act on my
behalf, for the purpose of applying for and obtaining all CAMA Permits necessary to
install or construct (activity)
LiOc-T
at (my property located at) Lb'r 5 ► c.ogT-c zx B4nDY-5331 13)4Y �w
This certification is valid thru (date) .t l D
Property Owner Signature
llJ -j/-o
Date
400 Commerce Avenue, Morehead City, North Carolina 28557
Phone: [phone] \ FAX: [phone] \ Internet: www.nccoastaimanagement.net
An Equal Opportunity \ Affirmative Action Employer— 50% Recycled \ 10% Post Consumer Paper

NOV/03/2009/TUE 08:20 AM BRADLEY PERSONNEL FAX No,3362496117
P. 003
Nov, ,2, 200-9 8:26AM Remax Ocean Properties No, 0403 P. 2
ADJACENT RTPAR AN PROPERTY OWNER STATEMENT
(FOR A PLE"OOttl?VG 111UNGSIV OAIZIF'TBOAT110USE)
I hereby certify that I own property adjacent to _JV l OL rL (. rI4 's
(Name of grope wne
ro located at k > �
property ,
(Lots Flock, Roady eke.)
"�Q V(1Q
C
on I )Dq UL _ ¢1�1A,►1 ; in oo v'N.C.
—(Waierbody) (Torun and/or onuty) 1"Urghead City
Applicant's phone #:25L"--SZ.� 1atiing Address: 0
ff1c S
He has described to me, as shown below, the development be is proposing at that location, and, I
have no objections to his proposal. I understand that a pier/mooting pilings / boatlift / boathouse
must be set back a minimum distance of fifteen feet (15) from my area of riparian access unless
waived by me, (If you wish to waive the setback- you west lnftial the appropriate blank
below.)
I do not wish to waive
I do wish io waive that •seiback requitement.
DESCRIPTION AND/OR DRAWING OF PROPOSED DEVELOPMENT:
(To be filt'ed in by individual p ropoSing development)
' ?e�l
it
(Information for Property Owner Applying
for Permit)
a e)a 4t(p
Mailing Address
)a IL "(,au:2
City/state/Zip
Telephone Number 9
r • r- J t
Signature Date
(RipaXlan property Owner Information,)
signedi
L'c A,14q- r:> A -�Jz Jzz
Print or Type Name
Telephone Number
Date

ADJACENT RIPARIAN PROPERTY OWNER STATEMENT
I hereby certify that I own property adjacent to 7-o rn Ma n a Um 's
(Name of Prope Owner)
property located at
(Lot, Block, Road, etc.)
on Q)a Ue- Sou-nd , in VJ� (-*C , N.C.
(Waterbody) (Town and/or County)
Applicant's phone #:JS3Cal `�a Mailing Address: Q Q ':Ak 41 CP
He has described to me, as shown below, the development he is proposing at that location, and, I
have no objections to his proposal.
DESCRIPTION AND/OR DRAWING OF PROPOSED DEVELOPMENT:
(To be filled in by property owner proposing developme i -_ X -- -
NOV 3 2009
2' Morehead City IDCM
DOGK GJ/LL �C
----------------------------------------
(Information for Property Owner Applying (Riparian Property Owner Information)
for Permit)
Qn a 411.0
Mailing Address
,Bw pa&,, ()C
City/State/Zip
Telephone Number
� 7
ignature ate
Print or Type Name
Telephone Number
�
Date

J THOMAS MANGUM
PATRICIA C MANGUM
PO BOX 416
SALTER PATH, NC 28575
TA"Y, / r
2903
66-112/531
i/• y- �i
�Onte
ACCESS
BANKING
j ♦ BRANCH BANKING AND TRUST COMPANY
1-800-BANKBBT BBT-COM
M'
1:053 LO L 12 11:0005 198564496oi'0 2 90 3
Had-d Clarke

Nov, 4, 2009 3:20PM Remax Ocean Properties
No, 0448 P, 1
RE/MAX Ocean Properties
1
KNJ
3326 Bridges Street
Morehead City,NC 28557
Office - [phone]
® Fax - [phone]
FAX TRANSMITTAL MEMO
DATEJ Oq FAX NUMBER: 3 D
DELIVER TO:
FROM: �
RE: i n
COMMENTS:
IN THE EVENT OF TRANSMISSION PROBLEMS, PLEASE CALL
[phone].
# OF PAGES: INCLUDING COVER SHEET

Nov. 4, 2009 3:21PM Remax Ocean Propertles No,0448 P. 2
RE/Max Ocean Properties
3320 Bridges Street
Morehead City, NO 28567
Phone: [phone], Pax; 252-720-8022
OFFER TO PURCHASE ANO CONTRACT - VACANT LOTILAND
[C❑usull "Guldellnes" (fowl i20) for guidance in completing this fbrni]
NOTE: This contractis Intended for-unlnlprovod real property4ot Buyerivil1purchase only%cpersonal use and does not have irlvnedinte
plans to subdivide. It should no[ be used to sell property that is being subdivided unless tho prope►�ty has been platted, properly approved
and recorded with aft Q tthe register of deeds as of dlio contract. IfSollcr is Buyer's builder and [he bete fnvolves tho construction of
a new Single family dwelling prior 10 closing, Ilse the standard Offer to Purchase and Cou[raot (Form 2 f) Willi the New Constnletion
Addendum (Porin2A34).
47, TX01118 t4ANOU14
PATI71111A C. bWGUM
As 1311ye1'r hereby offers to purchase and
TIMOTHY S, M0139a
8Ugliirtil~ MODES
as Seller, upon acceptance of said offer, agrees to sell gild Convey, all of that plot, piece or parcel of lnnd described below (hereaftel,
referred to ns the "Property), Upon the terin8 find condidoni set fortli fierein. 'fills offer sliall become a bindflig contract oil the date that;
(i) the inst one of llle Atiyer and Seller has signed or initialed [Ilia offer or the final counteroffer, if any, and (ii) such signiing or initialing is .
0=1111ieated to file party making [lie offer or counteroffer, as the case may be. Such date shall bo referred to herein as the 'Effective
D1tc_"
[
X, REAL PROPERTY, Located 61 CARTEREIV Copnty, State of North Carolina, being
known as and snore particularly described as.
Address: Street A31 MAY Ryn
City; PETV r NC. Zip 20570
NOTE; Goverllnlentai ailtllOrLTy QVei'taXOS, Zoning, 3C1r001 di3trlCfS, utiNtles and luail delivery nay differ from mddress shown,
Legal Descrip[lon:
�826o4eti2548600
SrrbdiV131011Name rIE A RR BANKS — —'
Plat Reference: Lot 51 , Block or Section nZa as shown on
Plat Book or Slide n /a — at Page(r) n& (Property acquiced by Scller to Deed Book 1092 at page b1 )•
NOTE. Prior to signing iiiis Offer to Purchase and Contract - Vacacit Lot/Land, Buyor Is advised to review Restrictive Covenants, if tiny,
tvhleh inay limit the use of thv Property, mild to react the Declaration of Restrictive Covenants, By-Lmvs, Articles of Incorporation,
Rules Qitd 908LIIMci s, And other goventing doctnitellts of the olvRers' Qssocintion and/or die subdivislon, if applicable. If the Property
is subject [o regulation by on oiviiers' u 004tian, it is rcco111=ded thAt Buyer oblain s copy of a Completed Oivtlers' Aasoelatlon
Disclosure And Addeudrmn (standard forrn 2Al2-T) prior to signing this Offer to Prtl'01183e nnd Contract, and include it as an eddenduri►
hereto.
S, FURCHASE, PIKE The purchase price is $ ! Y rind shall be paid in U.S, Dollars,
Should any check or• oilier funds paid by Buyer be dWionorcd, for any reason, by the Institution tlpoll which the paynient is drawn,
Buyer sliall line one (1) bnnking day nfier written notice to deliver good tluads to the payee. In [Ire everit Foyer does not
timely deliver good funds, the Seller shall have the riglit to terminate thls conRAct upon written notice to the Buyer. Tile purchase
price shall be paid as follows:
$ --- , EARNEST MONL'Y DEPOSIT with this offer by 13 cash 0 persotrnl check El bank cheek
hi
certified cheek other; n a _.. to be deposited
and field In escrow by EbIZlaAm9amm
EAF,TY ("F..scroivAgelil°);until Ilia saleis
closed, tit ivIlich time it willed to )3uyl r, or until this contract is otllenvlse terminated. In the event: (1) this offer is not
accepted; or (2) any of ilia hereto arc not satisfied, then ell earnest manias shall be ,cfirnded to Buyer. In the everll of
breach of this cblitmct by Sernesl monies sliall be refunclecl to 841yer upon Buyer's request, but such rearm shall not affect
any other remedies availablefor such breach, hl [ho event of breach of this coilhuct by Buyor, [lien all eamest nionies shall
be forfeited to Seller upon Sest, blrt such forfeiture shtill not affeot any alter remedies available to Seller for such breach.
NOTX: hi [be event of a dispute between Seller and Buyer over the return or forfeiture of earnest money held in escrow, a licensed
real estate broker ("Barker") is required by stole law (and I!scnow Ager►t if not a Broker, hereby agrees) it) rclain said earliest
WT
Thisforni follllly approved by: Norio Carollna Vat Azsaelallon, Nonil Carolina Aseoolallon of REALTOR&Si, Inc.
PREPARsa BY: Petricte Mangum, BROKEN STANDARD FORM 12-TRevl&cd719006QIJ2008
ReaIFASTO Softmre, 02e0a, Vealon 6.1t. sotiWera Reglslered ter: Office Manager, Ni JMau Omen propenles ^
boysrJnlllela •g Aw, 10/24/00 i8:16:id patio
i�� Seller Ini111e1s1 oe.

Nov, 4, 2009 3:21PM Remax Ocean Properties
No.0448 P. 3
money In the Escrow Agent's MIS[ ol• escrow account until .Escrow Agent has obtained a tvrillen relense fi•oln the pariles consenling
to its disposition or until disbursement is ordered by a Mill of cornpelent jurisdiction. Alternatively, If I Broker is holding the Earnest
Money, the Broker wily deposit the disputed ruogies with the approprlaio clock of coin in accordance with the provisions of
N.C,G,s, $93A-12,
THE PARTIES AGIICE Tlij "I A REAL ESTATE BROHERAGII FIRM ACTING AS ESCROW AGENT MAY PLACE ANY
EARNEST MONIES DEPOSITED BY BUYER IN AN INTEREST BEARING TRUST ACCOUNT AND THAT ANY
INTEREST EAR EID THERXON SHALL BE DISBURSED TO THE ESCROW AGENT MONTHLY IN CONSIDERATION
OF THE L' XPF4NSKS INCURRED BY MAINTAININC SUCH ACCOUNT AND RECOADS ASSOCIATED TBEREWIT'M
(b) $ nla _ , (ADDITIONAL) EARNEST MONEY pl3POS1T to be paid to Escrow Agent no later than.
al1il- , T'XlVlli BEING OF TffR,g'SSENCE WIT14 REGARD TO $AID DATE.
(e) $ rile , OPTION FEE in accordttnca witll paragraph 13, Altemative 2, to be paid to Seller ors the Effective Date
AS set forth hi paragl aplt 22, (NOTE; If AUernativo 2 applies, then do not insert $0, NlA, or leave blank).
(tl) $ rile , BY ASSUMPTION of the unpaid principal balauf:e anti all obligations of Seller on tbo oxisting loan(s)
secured by a deed of trust on tine Property in accordance with the atlached Loan Assumption Addendum.
(e) $ nG� .- .. , ]BY SELLB13 ];INANMG in accordance with the attached Seller Financing Addendum,
M S , BALANCE of the purchase pike hl cash at Closing.
3. LOAN CONDIT10M
(a) LOnlr, I3uyel•'s perPonnatice is contiugeiit upon Bayer's ability to obtain t) Convectional D Other:
loan at a 11 Fixed Bate El Adjustable Rats in the principal onlounl of nla _ for a terns of
n/a _ ycar(s), Pt art initial interest rate not to exceed n a % pet- ann in, with mortgage loan discount
posits not to exceed n/Ea _ % and with lonn origination Fee not to exceed xrl a % of the loatr amount ("Loan"),
(b) Loan Obligatimis: The Buyer agrees to;
(i) Make written application for Iho Loan, authorize Any required appraisal and pay any necessary fees within n/a
days Dfler• Ilre Effective Date;
(il) Promptly fti irlsh Seller %vrittert confirinallon from the lender ofhaving applied for thr Loan.
If Buyer falls to fumfsli Seller wrlllon eolifinntltion from the lender of having applied for the Loan, Sellol may make wrltten demand for
compliance. If B[tyer does not runtish Seller written eonfinnation from the lender of application witlrut five (5) days after such demand,
then Seller may lennlnate this contract by Written notice to Buyer at any time thereafter, provided Seller has not received either
Written evidence of [lie application or a waiver of the Loan Condition, and All Rattiest Money shall be Forfeited to Seller as liquidated
damages and its Seller's sole and exclusive remedy for Buyer's Pniluto to close, brit without limiting Sellees rights under paragraph 14
for damage to the Properly. Buyer further agrees to:
�rn) Pursue clualification for and approval of the Loan diligently and in good faith;
W) Continually mad promptly provide requested docgrneulation to lender.
(c) Buyers Right to Torminnte: If Buyer has catnplied will► Buyer's Loan Obligations in subsection (b) above, dtert within n1A
days after the Effective Date (or filly agreed-llpon written extension of this deadline) TI I� BMO Or T'Hl; E9SENCL', Bayer shall
hnva the right to teiniinate this contract by delivering to Seller written notice of terminfition if Buyer, in Buyer's sole discretlon, Is not
sotlsf4ed that tho Loan will be approved and fimded. IF Buyer Iles timely delivered such notice, this contract shall be terminated and all
Earnest Money 4lill be reftinded to Buyer. If Buyer Fails to dolivor such notice, then IDgyer will be dernned to have waived this condition.
Thereafter; If Buyer tails [o close based upoll inability to obtain [lie Loan, then all Earnest Money shall be forfeited to Seller, if Buyer
provides Selicr`t•easonabla Confirming Buyer's inability, to obtain the Loan, then the Earnest Motley shall serye
as liquidated damages and as Seller's sole and exclusive reltredy for Buyer's failure to close, but without inciting Seller's tights under
paragraph lei for dnrnage to the Property, (WARtNINQ Buyer is advised to consult with Buyer's lender to insure that the number ordays
allowed forllttyer to obtain the Latin is sufficient to allow Buyers lender time to take all reasonable steps necessary to provide reliable loan
approval.)
FLOOD HAZARD DISCLO911R (CONDITION (Choose ONE of the I'olfoWing alternatives):
To the best of Seller's knowledge, the Properly IS located Partly or entirely within a designated Spccial Plod Hama Area.
Buyer understands Ihat It may be necessary to purchase flood insurance in order to obtain ally loth secured by tho Propoify
from any federally regulated lostitnfion or a loan itrsrlred or guoronteed by na tigency of file U.S, Clovernment.
0 To the best of Seller's knowledge, file Property IS NOT located partly or entirely wltittll a designated Special Flood Hazard Ana.
If, following tho Effective Date of this contract, it is determined that the Propaity is loealed partly or entirely whitin n designated
Special Flood Hazntd Area according to the current FZ MA flood Wrap, or if this conlracl is subject to n Loan Condition turd Buyer's
lender requires Buyer to obtain flood insurance as a condition of ranking (lie Loan, then Jn either event Buyer shall have Iho.dWit
to terminate this contract upon written notice to Softer, and nil earnest nionios shall be refunded to Buyer,
5. OTHER CONDITIONS;
(n) There must be uo resh•iclion, easement, zoning or other governmental regulntion that would premil the reasonable use of the
Properly for szw` Gbt purt)oses ("Intended lJse').
7nfs form iotntlyapprovotf by: North Garolfng Bar Asaoclatlon, North GorolfnaAeaacis lten a rREALTORSID, inc.
PREPARED OY; Palrlcle Mon�ulrr, BROKER
STANDARD FORM 12-T Revised 7120D60 7/2008
ResIFASTQ SiAware, 02Qr0a, Vafalon 6.1e, SoflwAro ncglalored to: Office Manager, RBMax Ocean properties
Buyerinlllefa d�f_'r1�fV/V/ll� ie12416813;1d:19 e o
��' Seller (nlllar

Nov. 4. 2009 3:22PM Remax Ocean Properties No,0448 P. 4
(b) The Property must be In subslintlally the sat -no or better condition at Closing as oil the dote of this offer, reaspAAble wear and tear
excepted.
(c) Tire Property must appraise at a value equal ro or exceeding ilia purchase price or, at tho option of Buyer, tills eoirh,fict may be
terminated and All earliest litanies shall be reilulded to Buyer, even if ilia Loan Condition lies beell waived os ptvvided hi paragraph 3,
If tilts contract is NOT subject to a financing contingency requiring air appraisal, Ellyer shall arrange to have file appraisal
completed on or before
(0) All deeds of hzlst, Ileris and other chergea against the Property, not ossnmed by Buyer, must be paid and sntistied by Seller prior
to or at Closing suoh that cancellation may be promptly obtained Following Closing. Seller shall rompitr obligated to obtain wily
apdh cartcellatiolls following Closing,
(e) The must be delivered at Closing by G13NERAL WARRANTY DEBD unless otherwise stated heroln, and lm,st be fee simple
rnarketoblo and insurable title, free of all enc❑uibrances except: tad valorem taxes for the ctnrent year (prora(ed through the dote of
Closing); utility casements and unviolated restrictive covenants that do not nnaterifilly affect the V01110 of the Property; and such
other eneiinlbrances fig may be fissunled or specifically approved by 'Boyer, The Property uiust have legal access to a public right
of my,
6. SPECIAL ASSESSM NT6: NOTLi: For pinllases of 11115 agreement, a "coil it'nred" special assessment is defli,ed as an
assessil! lit that bos been approved by a governmental agency or an owners' �ssWat)oll for the purposes) sloted, whethol, or
not it rs Allly payable at time of closing. A "pending" special assessnlerlf is defiled as all assessment hint Is Ooder f❑imill
consideration by a goveitling body. Seller warrants that Illerc are n❑ pending or eolfllmed goverlumelltal special assessments for
sidowflIk, paving, water, sewe►; or other lnlprovenients on or adjoining rho Property, and no pending or confunied Owi1e1's' association
special assessmetnis, except as tbilows: (Insert "IYon►e" or the identlflefition of such assessmetrts, if any);
Unless Olherwiso agreed, Seller 911all pay all owne!'s' 2ssociadoll assesaillonts pod fill 90vernilleutal assrsswelits Coll finned tlrrougll lice [tine
of Closing, I f fitly, and Buyer shall Inke title subject to all pending Ossessillents tilselosed by Seller herein, If any,
7. PRO AT IONS AND ADJUSTMENT$; 0111e9s otheilvise provided, the followhig items shall be prorated end either adjilstcd
between the parties or paid at Closing: (a) Ad valorem taxes on real luoperty slioll be prorated on a calendar year basis through the
[late of Closing; (b) All late listing penallics, if Slay, shall be paid by Seller, (0) Rents, if any, for the Properly shall be prorated through
the date of Closing; (d) Owners' association dues and other like cliarges shall be prorated tlal'Otigll the date of Closing, Seller
mpresews 111At AIC regular olvilers' assoclall❑n dues, if any, are $ 34 per YEAR
Unless otheriviso figreed, Bayer shall pay any fees regt1ired for olrlginfng account payment hlfornlatlon all oavners'
ASsoeiation duds or a9sessmems for payment or proration and any charge made by the owners' association in connection with
the disposition of the property to Boyer, incltiding any transfer minor document fee imposed by the owncls, association.
S. EXPENSES, U11less otherwise agreed, Buyer- shall be responsiblq for lili costs with respect to any loan obtained by Buyer, appraisal,
Title search, title insurance, recording [lie deed and for preparation and recording of all htstrurucrrts required to secure the bfilanea of the
purchase price tinpaid of Closing. Seller shall pay for preparation of a deed and all other documents necessary to peifonn Seller's
obligations wider this ogreemant, and for excise tax (revenue stomps) required by lane. Seller shall pay at Closing 5 p/a
loward any of Bttyees expenses associated aviih the purchiisa of the Property, ineludhrg ally Ff4A/VA lender end inspection costs eltfit
Buyer is not permitted to pay, bill excluding any portion disapproved by Stlyel's lender..
9. AVI DLNCE OF TITLE: Seller agrees to use his best efforts to deHvea• to Buyer fig soon fig reasonably possible after the Effective
Date of this compact, copies. of all title Information In possession of or available to Seller, including but not lini ted to: title histlrance
policies, fittorrrcy's opinions on title, surveys, covenants, deeds, holes and deeds of tnM find easeineirls relating to ilia Property. Seller
authorizes (1) ally attorney presently or previously representing Seller to release and disclose oily title ilisurance policy In such
elloisley's file to B[lyer unit both Btlyar's and Seller's agents and attorneys; acid (2) the Property's title insurer or its agent to release and
disclose all materials In the Property`s title insurer's (or title Insurer's agent's) file to Buyor and both 13ttyer's and Seller's agents and
fillorueys.
10. LA13OR AND AIATERIAL: Seller shall fimlish at Closing an affidavit and ludeuurification agreement In forin satlsfactol�f to
Buyer sh❑ruing that till lnbor and materials, if any, furnished to the Property within 120 days prior to the data of Closing flays been
paid for sud Agreeing to imdetruiify Buyer against all loss from oily cause or claim arising therafran.
11, C,LOSING-. Closing shall be defined as ilia dale and time of recordurg of the deed and slrotl be. on or before I1/1ll/09
(tile "Closing Date"), All parties agree to execlnle fitly and all docuilielits and papers necessary im com►cclion with Closing and transfer
of title on oi, before the Closing Date at a place find Ibne designated by Buyer. The deed is to be made to
A8 MOVE
Absent agreement to the contrary in this conlracl or Any subsequent moditicalion thereto, the following berms shfill apply; If ei[lier
patty is unable to 01030 by the Closing Date, then provided that the patty Is aetiog in good faith and with reasonable diligence to
proceed to closing, such party slifill be cnlided to reasonable, delay of the Closing Date and sliall give as touch notice as possible to
This formloinlly approvo0 4y: North oero11na BerAesoclauoq North GaroEntrASsoclatlon of REALTORB&, ins
PNEPARED HY. Palfiala Mangum, 6RQi(PR
STANDARD FORM 12-T ReAtea 712000 ® U2008
aeolrAM B NIM, 02'0}0;9,,,Ve,eton 6,16. Sobiare Reglsteted to: a(foe M mmgar, REiMm Ocean P/aperiits ! J
BpyerinUngle ,, fj U+JJrrt f0f24/0913.16:14 aelierinUfa fM'

Nov. 4. 2009 3:22PM Remax Ocean Properties
No, 0448 P, 5
the non•delnying party And closing agent. In such event, ltowover, either party for n•hom the Closing Date is dalayed shall hove a
maxhutun of ten (10) days from file Closing Dare, or Ally extension of the Closing Date ngreed-Upon III iWiti►ig, in which to close
wifltoal payment of Interest, Pollowhig explrnitolt of the ten-day period, the party not trendy to close shall be responsible for paying
to file outer patty (if ready, tivillirtg and able to close) interest on fife pl[rehase price at the rate of eight percent ($VD) per
ennunl accruing fi'oun the end of the test -day period 1111111 closing occurs or the contract is telluinated, Should Ilse delay hi
closing continuo for store than thirty (30) days F'oill the Closing Daro or the last agreed -upon extension of the Closing Dnle, then the
11011-delayhtg party shall have the unilfiteral right to tenilhjate the contract rind receive the ealuest Money, but the right to such
recelpt shall not affect ally other• remedles available to Ilse lion -delaying party for sitCll b►'eaclt,
CLOS WA L CONs 1TUTR ACCEPTAiwiC) V VHR OPERTY IN YTS TH1; )VXISTI G CONDITIQN UIyI,);Sg
PRO ISION IS fIERWIS , MADE WRIT G,
12. POSSESSION, Unless othen^iviso provided Ilereiri, possession shall be delivered sit Closing. No Alterations, excavellons, tree
removol or other such .activities may be clone before possession is delivered. Softer shall remove, by the date possession is lllnde
available to the Brayer, all personal propertylvhielt is not A part of the Purchase and all garbage and dcbrfs 8cm the Property.
13, PROPERTY INS-PECT1ON/INVESTI<GATION (Choose DAILY ON-8 Of die following Altelttatives),
®ALTERNATIVE 11
(a) so11, Utilities AlId ElIvirolnuelttnl COnt➢trgeueyt Tills contract is contingent upon Buyer obtaining reports) that (i) the soil
is suitable for Buyer's intended Use, (ff) utilities are available to the Property, Gli) (here is no envimiunenial eontamfnAtion, fain,
rule or regnlntfon that prohibits, restricts or limits Bge►''s Intended 11se, and (fY) (here is no flood hazard tltot prohibits, ].Qs
or 11,niis Bilyers Intended Use (Collectively the "Reports"), At) costs and expenses of oblainlllg the Reports shall be borate by Buyer.
Buyer shall use Buyers best efforts to ob[a11t such Reports. If the deports cannot be obtained, Buyer may terminate Ills contract and
the Earliest Money Deposit shall be reforlded to Brtyer. Buyer waives this condition unless Buyer provides wriuen notice to Seller by
°" ® 2 9 lhat (his condition oa[mot be satisfied, TlA!•tr. pEING Op. THEEjgS11NCE,
,bb) Septic/ScivcrSystIII (checkonly 0Nr' ):
CpJ 9ger has invesligated the 00318 nild expenses to Install the server' syAlein npproved by rho Improvement POlmit attached hereto as
Exhibit A and hereby approves and accepts said Improvement Perjnll.
®5cller represents that the system lies been irtstitlled, which reprosenladon survives Closing, bill makes 110 further representations ns to
Ilse system, Bl�ycr aelutowledges receipt of the hnprovemcul 1'ertnit attached hereto as Exhibit A, Buyer shall have the option of
inspecting or obtaining, at )dryer`s expense, ittspecdon(s) to determine flit coudidon of the system. If the system is not performing the
fiutctlon far which ln(euded and is au need ofntnlnedinte repair, Buyernray terlllinata this Contract and the Earnest Money Deposit shaft be
troRinded to Buyer, i3nyer waives Ibis condition unless Braryer provides written notice to Seller by lloveir&ler 15, zoos that
iJ�iis condition carurot be sarisficd, rrMTs I1�'XjyG �jrT�•�,�„r�NCL,
O This contract is contingent upon ❑ Buyer- ❑ Seller ("Responsible Party") oblainhrg �p hnprovement Permit or lVditeu evaluation
front the County health Department ("County") for a (clieck only ONR) Elconventiollal or 1J other n
ground absorption sewage ayslent for a nla bedroom horue. All coils and expenses of obtaining such Permit or wrftton evaluation shall be borne by ]responsible Party unless otherwise agreed, In any event Seller, by uo later than Zza
be responsible fax olearing Ihal portion of the Property required by the County to perform its tests and/or iospectiorls, Responsible'Parrty shall use best offorts to obtain 81101 Perna t or written evaluation. If the Improvement Permit or written evaluation fi-oln the Collar cannot
ke undeobtained 31 fir, (date)} either party may terminate ibis Conlract and the Ennesi Molloy Deposit shell be
refirndcd to Brayer,
Salyer has invosllgaled lnul Approved the availability, costs and oxpenses to connect to a El public or conunilnity sewer systnru,
Water (check only ONE):
>Iilyer has invesllgated find approved tine availability, costs And expenses
❑ shifted pAvale wolI. to Cotnteet to a El public or ❑ commry wm
�utfater systeor
❑ Bayer has nrveaflgaled fire costs oll(I expenses to install tine Ildvalo drinking water Nell approved by the Cansti'nctfou Permit attached
hereto as Exhibli A and hereby Approves Aud accepts said Construction Pen»lt,
® Seller represents dial A privolo drinking water well has been installed, which representalioni survives Closing, but makes no further
representations as to the ivoll. With respect to wells installed after July 1, 200$, Buyer aeknnowlcdges receipt of the Connry Health17epartnrent's Cettificnte of Completion attached hereto as Bxhfblt A, nnyer shall !rave the option of hrspectmg a• obtAlning B at Boyar's
nse, lnspec(ion(s) to delennIlie the Contil(fon of the well. If the well is not p6rfoi7lrfng the finlet[mt far which intended tend is need
akpe
Of immediate repalr, Buyer may terminate this Conh'act and the Earnest Money Deposit shall be refunded to Buyer. Bayer ►naives Ills
condition unless Buyer provides written notice to Seller by os drat [his con(ition colrnol be satfsfled,
jZ jWE DEJAIO OF THE MSHNCT
This Coltmet fs comIngentuporr bBuye►• ❑ Seller ("Responsible pally") obtaining n Construction Permit front tile, County Heollh
Departlnent ("County") for a private drinking water well, All costs and expcuses of obtaining such Pcrmir, including bur not limited to any
requlred survey, shall be borne by Responsible Party unless olhet'wiso agreed. In flay event Seller, by tto later than n/a
shrill be responsible for olearilag that portion of tJta Property regttfred by file Connl to conduct a field investigation to evaluate the Bile.
Responsible Party shall use best efforts to obtain such Pe mit. If the Con$tnction Permit Fran the County cannot be obtained by
�'�.. (date), aifhcr party may ternrhrfite Iris Contract and the Eailiest Money Deposit shrill be roll►nded to
Tltte farm lolnlly approved hy, North cArolil1815ArAeeoctalion, North Larollna Aasoclatlon of REALTORS0, inc,
PREPAUo PY: Pairiota Mangum, BROKER
sTANDARD r-oRm 124 Ravlbed 7r200rb 0 7Moa
Re81FA$7®SottWaro, 02009, Verslon a.ie. Sortwers kogizlered,o; OKce Mj4 nager, RsrMax0oG a Propertles
puyer lnilialsZZ&VI 10124103 1 r: ttr;14
ft
Seller inllial

Nov, 4, 2009 3.23PM Remax Ocean Properties No,0448 P, b
Buyer,
(d} CLOSING gDA CONSTITUTE ACHE NCB OF THE pRpPERTX 11V 1TS THd±,I�( EXISTING, C�i��]YZION
UNL1;55 ', OVISION 15 DTHERWISB+ MAI)lr, IN WRITING.
11MLiTURNAT-1VE, 2, Tids Alfernafive applies 01VI Y prr11 fer'rradva 2 Is checked ,FWD Buyer h(ta prd(l file optlofl F'ee.)
(a) Proparty InvestI901031 �vltlt Optlou to Toiltuluntet Tn consldernlion of the anal act forth in paragraph 2(0) paid by 13uyor to Seller
(pat Bseraw Agent) and other valuable consideration, the sufficiency of which is hereby gi kno)vledged (Ihe "Option fee"), Buyer shall
hove file right to te,Yninate this contract fat' oily reason Woo reason, whciher related to the physical condition oflhe Property or otlierivise,
by delivering to Seller tvrillen notice of tenninatlon (Ihe "Te111141Rtiot, Notice") by 5:00 p.m. on bloc , TIAIR
B&ING OF rl�,6;BSS1sNCE (the "Option Tc,niination 1)Ate"), At any lime prior to Closing, Bayer shall have lira right to inspeat the
Property at Bpy4l's expense (Buyer is advised to have till inspections of tlic Properly, including but not Bullied to thoso
Matters set forth In Altcrnnilve I, perfomled prior to the Option Termination Date),
(b) Excrelso of Opiiow If Bliyer delivers the Termination Notice prior to the Option Tcuninalion Date, 71111E, BEING OF THE
ESSt'NCB, this eontrect slip]] become null and Vold ansi all earnest monies received in connection herewith shall be refundetl 10 BT,yer;
however, the Optlon Fee will not be reflinded and shall be retained by Seller. If Buyer fails to deliver the Termination Notice to Seller
Prior to il,e Option Turnihiplion pate, Iheil Buyer will be deemed to have accepted tits Pl-OPDrty ill its physical condition existing as
of the Optical To ifi ation Tinto-, provided such acceptance shall not coustitule a waiver of any riSlits Buyer' has under paragraphs 3,
4 or S abase, The Option Fee is not reflirldalile, is not pAL1 of any eamest monies, and will be credited to the purchase price at Closing,
(c) CLOSING RRALT, rnnrWITTi',�rt ArOPDgmAM.-Il fin m�— ,,,. ,,. �.. _..
14, RIGHT OF LNTRY, RESTORATION AND INDSM LAITY; buyer and lluye,'s agents and conhRCtora shall )lave the right to
enter upon the Property for tine pu,pose of appraising and evolua(i„ g the Property, and perrornling the tests end inspections
permitted in this eonU'Flct. Buyer shall, at Buyer's expenso, promptly repair any damage to the Prope,ty resnitiug 8om oily' activities
of Buyer and Bayer`s agents find contractors. I3uyor' Will Inclenuiify and Bold Se11er ""mess fi�o,n all lass, damage, claims, stairs or
costs, which shalt arise out of any contract, agreement, or hUury to any person or property as a result ofauy activities ofDuyer null )3uyer'a
agents and contractors relaliJlg to the Property. This indemnity shall sti,vive this conb'nct and any termination hereof, but Buyer shall not
be responsible for oily loss, damage, clalm, suit or cost arising an[ of pre-existing conditions of tl,o rropel' , audlor out ,r Seller's
negligegCe or MIMIC Acts or o,nissions,
15. OTHtft PROVISIONS AND CONDITIONS; CHECK ALL STANDARD A))J)BNDA THAT" MAY BE A PART OF THIS
CONTRACT, I>: ANY, AND ATTACH HERETO, ITEMIZE ALL OTHER ADDENDA TO THiS CONTRACT, IF ANY, AND
ATTACH HERETO, (NOTM UNDER NORTH CAROLINA LAW, REAL ESTATE AGENTS ARE NOT PERMITTED TO DRAFT
CONDITIONS OR CONTINGENCIES TO TAIs CONTRACT.)
❑ Additional Provisions Addendum (Porto 2A11-7) ❑ Loan Assumption Addendum (Donn 2A6-T)
EJBuck -Up Contract Addendum (Form 2AI-T) ® Owners' Associatlon Disclosure And Addendum (Fonn 2A 12-T)
Contingent Sale Addendum (Form 2.A2-T) ❑ Seller'rinpnoing Addendum (Fonn 2A5 T)
®FHA/VA Finencitig Addendatn (Form 2A4-T)
OTHER:
BUYER IS 8 ITC LICENSED MAL ESTAT14 AGENT',
BUY'" 1-01'" BR ABLt TO KNEW THE CAMSA PERNtIT MR THE bOCK, pLATpoRM, AND BOAT kxhTa.
16, RISIC Olt LGS,St The risk of loss or damage by fire or other casi,rilly prior to Closing shag be upon Seller,
17, ASSIGNMENTS: This contract nlu not be migited without the written consent of all parties, but if flssigned by agi-eement, then
this cont)rict shall be bindhig on the assignee and his heirs and successors.
19. TAX-DEF11-11 13 EXCIIANGE: in pie event Buyer or Seller desires to effect a lax-defer7ed exclinuge In conneetioi ivitli
The eonvoyanee of the Property, Buyer find Seller agree to rooperato in effecting such exchange; provided, 110 lyevor, that f1►e
exchauging party shrill be responsible for all nddidotial costs assoclated with such exchange, find provided further, dial a non -
exchanging party shall not Assume any additional liability with respect to enrit fox-defen-ed exchange. Solier and Buyer shall aYecute
surh ndditionpl documents, at no cost to the non -exchanging ppty, as s)tstl be required to give effect to this provision. (NOTE.
1FAlternprive 2 lmde,-pFlragrapll 13 of ibis contract will apply, Seller should seek advice concerning the taxation of the Optima pee.)
19. PARTIES: This con1mct shall be bbidulg upon and shall inure to the benefit of the parties, ho., Buyer and Seller- and their heirs,
successors and assigns. As used herein, words hi (lie singular include (lie plural and the ninseuline includes Ore fetuhiine and neuter
genders, as appropriate,
20, SURVIVAL; If any provision herein contained which by its nature and effect is required to be observed, kept or performed after
TIr1s ro,m Jaintiy appr0W01 by; North CerpiWA RVA9SOFIAH611, North CnrOirne A99on)ANOn Of REALTORS9. Inc.
PREPAREU Dy' Pafrlcla Mongum, BROXeR
STANRARD FORIA 12-T fievlse6 712009 0712oog
ReeIFA9T� $oniYare, 020a0, Verelon p.18, SoRWr310 Reslelared to: 4lficfl Manager, AE1Max pCe�n Properrlas
Buyer InNats W\ 10124(o9 19:10:14
Seller Initial

Nov. 4, 2009 3:24PM Remax Ocean Properties
No.0448 P. 7
]ndividuai Selling Agent•, =IA MA�79VM Individual Listing Agcni: � 9EAR
Licenser: 66 _ License #:9.000sa
Fil-DI NRI11e: �AlA3C oCF,J�N BTtOBEATI&8 _ FfrulNalues d : atua ImXIMY
Acting as 9 BuyWs Agenl Q Sellers (sub)(sub) Agent Q Qoal A$e., Acting as 0 Seller's (sub) Agent Q Dl1RI Agent
Mnillrlg Address;n/m �,92e samosa aT pgQ Heat, mac, D�� Mall'ulg Ad(Il'egg; 41 L+Lac DRI
yg
Selling AgcntFox#: -12 1MU2.L WE'D isL>a, r1c -
Listing Agent Fax#
SellingAgeul B-mall Address: uaListing Agent -loaf] Address:
�4tt3f�itH� °fly r * tn1
r' SCROW ACKNOWLED GMENT
ESC1'01Y Agellt nelctlolYiedges receipt of the earliest money 1111d ngl'M to 11014 Alid disbrll•se the snlne iu accordance N1tL tits
terms hereof,
Dare-6
By:
( afros)
td
7h15 r0rtnloln0y approved bye North Carolf na Bar Aseocletlon, North Carolina ABeoclallon of HWALTOR&'A, Inc.
PRPPAMD BY: Patrinla Mangum, VROXER
STANDARD FORM 12-T Revised 1120050 TJ2008
ReaIFA$76) 8onvrero, OW08, Veralon 5,18, BOfhvare Regr6lefed to: Ofkt Aienager, RFJMbx Omn Plapeales .�
Buyerinflrats � 10/2nJOB 1s:16.14 IIerQr7
Seller 1nl0el���� f�