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HomeMy WebLinkAboutHarrell, David❑ CAM,, / ❑ DREDGE & FILL � ` 1 � ( No. 75079 ^l A B C D GI,EAgERAL PERMIT Previous permit # ❑ W ❑Modification ❑Complete Reissue ❑Partial Reissue Date previous permit issued 7, As authori ed by the State of North Carolina, Department of Envirg-,mental-ta9 Quality ' and the Coastal Resources Commission in �n area of environmental concern it pursuant to 15A NCAC -. ❑ Rules attached. Applicant Name J. J V �,i (, A 1 i ! � _ � City' State 1\ ZIP Phone # ( )- E-Mail Authorized Agent n" ❑* qTA [I ES ❑PTS Affected AEC(s): OOEA ❑HHF ❑IH ❑UBA ❑N/A ❑ PWS: ORW: ye"�no PNA yes / CC) Project Location: County Street Address/ State Road/ Lot #(s) �Uddivision di City — ZIP Phone # ( ) River Basin Adj. Wtr. Body _ (nat man /unkn) Closest Mal. Wtr. Body ::'■�::':: I M'■'■'■: ::::: ::: ':: ::� C.■::::�::���:�::: M::M: �:� ■■■■ C.so :®: :::.�:::M'::::EM:: M...ME ■:::: IMEM■■■: ■■■: � :■:■■ :■ MEMEME :MOSES ■:::::■■■■■®.■■■■■■ ■■■■■■ ■ ■ ■■■■■■■■■■■■■■■ ■■■■■■■ ■■■■■■NI■■I"rIJ■■■■■l1■'91■■(M■■NFIf■■ No NONE IN ::: :::� :■::::a:e■■ENEM■■: NONE :9:::::::::::::::::::1::::■:: :NNE A building permit may be by:■See note on back regarding River Basin rules. Note Local Planning jurisdiction) Notes/ Special Conditions i Signature j Issuingbao Expiration Date , r Styron, Heather M. From: Michelle Daffron <MDaffron@shorewoodrealestate.net> Sent: Tuesday, July 23, 2019 1:36 PM To: Styron, Heather M. Cc: David Harrell; fjfoxfarms@aol.com Subject: [External] 147 Salty Shores Point Rd I Re -building Pier Permit Attachments: 147 Salty Shores Point Drive OTP and Contract.pdf • ernal email. Do not click links or open attachments unless you verify. Send all suspicious email as an attachment to mac, Hi Heather Thank you for your quick response. I have attached both the Seller and the Buyer to this email - so we are all on the same page. Per your request, please find the contract for the purchase of 147 Salty Shores Point Road, in order to issue the storm permit for re -building the pier. Permit Name would be in the Buyer's Name: David Harrel[ Please let me know if you need anything else. Thank you, Shelly Michelle L. Daffron VP I REALTOR I BROKER at Shorewood Real Estate, Inc. NC Real Estate Broker License No. 164348 A 7703 Emerald Drive, Emerald Isle NC 28594 M 252.622.8022 O 888.557.0172 F 252.354.7852 E mdaffronashorewoodrealestate. net W www.shorewoodrealestate.com Working With Real Estate Agents Brochure ©I P ikig— VRMAs E-mails sent or received shall neither constitute acceptance of conducting transactions via electronic means nor create a binding contract until and unless a written contract is signed by the parties. From: Styron, Heather M. <heather.m.styron@ncdenr.gov> Sent: Tuesday, July 23, 2019 9:42 AM To: Michelle Daffron < M Daffron@shorewood realestate. net> Subject: RE: [External] 147 Salty Shores Point Drive I Re -building Pier? Good Morning Shelly, We have`a fee -waived storm permit that can be issued as long as all the work is within the footprint and dimensions that existed immediately prior to the hurricane. This permit does expire on September 20th though. In order for them to have this permit in their name, I would need a contract to purchase attached to an email request for the storm permit. I hope this helps. Thanks, Heather From: Michelle Daffron <MDaffron@shorewoodrealestate.net> Sent: Monday, July 22, 2019 4:54 PM To: Styron, Heather M. <heather.m.stvron@ncdenr.eov> Subject: [External] 147 Salty Shores Point Drive I Re -building Pier? Hi Heather Hope you are doing well.... I am working with a Buyer and Seller on the purchase /sale of 147 Salty Shores Point Drive in Newport. There was an existing pier with a boat lift. (see picture) The Storm took most of it out. What is the process of getting another permit in place for the buyer? Thank you..... Thank you! Shelly Daffron - -r VAj Michelle L. Daffron VP I REALTOR I BROKER at Shorewood Real Estate, Inc NC Real Estate Broker License No. 164348 A 7703 Emerald Drive, Emerald Isle NC 28594 M 252.622.8022 O 888.557.0172 F 252.364.7852 E mdaffron0shorewoodrealestate.net W www.shorewoodrealestate.com Working With Real Estate Agents Brochure ©� © mr§,.V. RMAi E-mails sent or received shall neither constitute acceptance of conducting transactions via electronic means nor create a binding contract until and unless a written contract is 3 signed by the parties. OFFER TO PURCHASE AND CONTRACT- VACANT LOT/LAND [Consult "Guidelines" (form 120) for guidance in completing this form] NOTE: This contract is intended for unimproved real property that Buyer will purchase only for personal use and does not have immediate plans to subdivide. It should not be used to sell property that is being subdivided unless the property has been platted, properly approved and recorded with the register of deeds as of the date of the contract. if Seller is Buyer's builder and the sale involves the construction of a new single family dwelling prior to closing, use the standard Offer to Purchase and Contract -Now Construction (Form 800-1) or, if the construction is completed, use the Offer to Purchase and Contract (Form 2-1) with the New Construction Addendum (Form 2A3-T). For valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged, Buyer offers to purchase and Seller upon acceptance agrees to sell and convey the Property on the terms and conditions of this Offer To Purchase and Contract and any addendum or modification made in accordance with its terms (together the "Contract'). 1. TERMS AND DEFINITIONS: The terms listed below shall have the respective meaning given them as set forth adjacent to each term. (a) "Seller": Frank J. Fox, Joann P. Fox (b) "Buyer": (c) "Properly": The Property shall include all that real estate described below together with all appurtenances thereto including the improvements located thereon. NOTE: If the Property will include a manufactured (mobile) home(s), Buyer and Seller should consider including the Manufactured (Mobile) Home provision in the Additional Provisions Addendum (Standard Form 2AI 1-T) with this offer. Sheet Address: 147 Sally Shores Point Rd City: Newport Zip: 28570-5165 County: Carteret , North Carolina NOTE: Governmental authority over taxes, zoning, school districts, utilities and mail delivery may differ from address shown. Legal Description: (Complete ALL applicable) Plat Reference :Lot/Unit 1 , Block/Section , Subdivision/Condominium Junius Bell , as shown on Plat Book/Slide 8 at Page(s) 1 The PIWID or other identification number of the Property is: 631501453521000 Other description' Some or all of the Property may be described in Deed Book 0775 at Page 00832 (d) "Purchase Price": $ 310,000.00 paid in U.S. Dollars upon the following terns: $ -0- BY DUE DILIGENCE FEE made payable and delivered to Seller by the Effective Date. S 1,000.00 BY INITIAL EARNEST MONEY DEPOSIT made payable and delivered to Escrow Agent named in Paragraph 1(f) by ❑cash ❑X personal check []official bank check []wire transfer, ❑ electronic transfer, EITHER ❑ withthis offer OR ❑X within five (5) days of the Effective Date of this Contract. $ -0- BY (ADDITIONAL) EARNEST MONEY DEPOSIT made payable and delivered to Escrow Agent named in Paragraph 1(f) by cash, official bank check, wire transfer or electronic transfer no later than 5 p.m. on , TIME BEING OF THE ESSENCE. $ -0- BY ASSUMPTION of the unpaid principal balance and all obligations of Seller on the existing loan(s) secured by a deed of trust on the Property in accordance with the attached Loan Assumption Addendum (Standard Form 2A6-1). $ -0- BY SELLER FINANCING in accordance with the attached Seller Financing Addendum (Standard Form 2A5-T). $ 309,000.00 BALANCE of the Purchase Price in cash at Settlement (some or all of which may be paid with the proceeds of a new loan). Page 1 of 12 113 This form jointly approved by: North Carolina Bar Association a L1oa• North Carolina Association of REALTORSaD c. Buyer initialsDA Seiler initials eaOMM006sALWArr.U,Thil0 ..,Id adn m,e.idrn.aC v,_ carom: SV15/'M3 Mkkal. o.m<" Hodu«dwlhx];,F m�aby:lµnp4 1 .r nrue Finad, F—. Wows. deoyd wwwmreda.rnn STANDARD FORM 12-T Revised 712019 0 7/2019 rm:....dnrdr 1418.I1, ft" Should Buyer fail to deliver either the Due Diligence Fee or any Initial Earnest Money Deposit by their due dates, or should any check or other funds paid by Buyer be dishonored, for any reason, by the institution upon which the payment is drawn, Buyer shall have one (1) banking day after written notice to deliver cash, official bank check, wire transfer or electronic transfer to the payee. In the event Buyer does not timely deliver the required funds, Seller shall have the right to terminate this Contract upon written notice to Buyer. (e) "Earnest Money Deposit": The Initial Earnest Money Deposit, the Additional Earnest Money Deposit and any other earnest monies paid or required to be paid in connection with this transaction, collectively the "Earnest Money Deposit", shall be deposited and held in escrow by Escrow Agent until Closing, at which time it will be credited to Buyer, or until this Contract is otherwise terminated. In the event: (1) this offer is not accepted; or (2) a condition of any resulting contract is not satisfied, then the Earnest Money Deposit shall be refunded to Buyer. In the event of breach of this Contact by Seller, the Earnest Money Deposit shall be refunded to Buyer upon Buyer's request, but such return shall not affect any other remedies available to Buyer for such breach. In the event of breach of this Contact by Buyer, the Earnest Money Deposit shall be paid to Seller. The payment of the Earnest Money Deposit to Seller and the retention of any Due Diligence Fee by Seller (without regard to their respective amounts, including zero) together shall serve as liquidated damages ("Liquidated Damages') and as Sellers sole and exclusive remedy for such breach, but without limiting Seller's rights under Paragraphs 4(d) and 4(e) for damage to the Property. It is acknowledged by the parties that the amount of the Liquidated Damages is compensatory and not punitive, such amount being a reasonable estimation of the actual loss that Seller would incur as a result of a breach of this Contact by Buyer. The payment to Seller and/or retention by Seller of the Liquidated Damages shall not constitute a penalty or forfeiture but actual compensation for Seller's anticipated loss, both parties acknowledging the difficulty determining Seller's actual damages for such breach. If legal proceedings are brought by Buyer or Seller against the other to recover the Earnest Money Deposit, the prevailing party in the proceeding shall be entitled to recover from the nou-prevailing party reasonable allomey fees and court costs incurred in connection with the proceeding. (f) "Escrow Agent" (insert name): Shorewood Real Estate NOTE: In the event of a dispute between Seller and Buyer over the disposition of the Earnest Money Deposit held in escrow, a licensed real estate broker ('Broke[') is required by state law (and Escrow Agent, if not a Broker, hereby agrees) to retain the Earnest Money Deposit in the Escrow Agenrs trust or escrow account until Escrow Agent has obtained a written release from the parties consenting to its disposition or until disbursement is ordered by a court of competent jurisdiction. Alternatively, if a Broker or an attorney licensed to practice law in North Carolina ("Attorney') is holding the Earnest Money Deposit, the Broker or Attorney may deposit the disputed monies with the appropriate clerk of court in accordance with the provisions of N.C.G,S. §93A-12. THE PARTIES AGREE THAT A REAL ESTATE BROKERAGE FIRM ACTING AS ESCROW AGENT MAY PLACE THE EARNEST IVION13Y DEPOSIT IN AN INTEREST BEARING TRUST ACCOUNT AND THAT ANY INTEREST EARNED THEREON SHALL BE DISBURSED TO THE ESCROW AGENT MONTHLY IN CONSIDERATION OF THE EXPENSES INCURRED BY MAINTAINING SUCH ACCOUNT AND RECORDS ASSOCIATED THEREWITH. (g) "Effective Date": The date that: (1) the last one of Buyer and Seller has signed or initialed this offer or the final counteroffer, if any, and (2) such signing or initialing is communicated to the party making the offer or counteroffer, as the case may be. The parties acknowledge and agree that the initials lines at the bottom of each page of this Contact are merely evidence of their having reviewed the terms of each page, and that the complete execution of such initials lines shall not be a condition of the effectiveness of this Agreement. (h) "Due Diligence": Buyers opportunity to investigate the Property and the transaction contemplated by this Contract, including but not necessarily limited to the matters described in Paragraph 2 below, to decide whether Buyer, in Buyers sole discretion, will proceed with or terminate the transaction. (i) "Doe Diligence Fee": A negotiated amount, if any, paid by Buyer to Seller with this Contract for Buyer's right to terminate the Contract for any reason or no reason during the Due Diligence Period. It shall be the property of Seller upon the Effective Date and shall be a credit to Buyer at Closing. The Due Diligence Fee shall be non-refundable except in the event of a material breach of this Contract by Seller, or if this Contact is terminated under Paragraph 6(n) or as otherwise provided in any addendum hereto. Buyer and Soller each expressly waive any right that they may have to deny the right to conduct Duo Diligence or to assert any defense as to the enforceability of this Contract based on the absence or alleged insufficiency of any Due Diligence Fee, it being the intent of the parties to create a legally binding contract for the purebase and sale of the Property without regard to the existence or amount of any Due Diligence Fee. (j) "Due Diligence Period": The period beginning on the Effective Date and extending through 5:00 p.m. on August 29, 2019 TIME BRING OF THE ESSENCE? Page 2 of 1.2 STANDARD FORM 12-T Revised 7/2019 Buyer initials Seller initia (07/2019 Vmd,wd WM alOFamAgrlploglz f M Flame, KrlJgen9EOZs aNLLtlpL�E.9]aI Itr S.liyshwn (k) "Settlement": The proper execution and delivery to the closing attorney of all documents necessary to complete the transaction contemplated by this Contract, including the deed, settlement statement, deed of trust and other loan or conveyance documents, and the closing attorney's receipt of all funds necessary to complete such transaction. (1) "Settlement Date": The parties agree that Settlement will take place on September 16.2019 (the "Settlement Date"), unless otherwise agreed in writing, at a time and place designated by Buyer. (m) "Closing": The completion of Wb legal process which results in the transfer of title to the Property from Seller to Buyer, which includes the following steps: (1) the Settlement (defined above); (2) the completion of a satisfactory title update to the Property following the Settlement; (3) the closing attorney's receipt of authorization to disburse all necessary funds; and (4) recordation in the appropriate comity registry of the deed(s) and deed(s) of trust, if my, which shall take place as soon as reasonably possible for the closing attorney after Settlement. Upon Closing, the proceeds of sale shall be disbursed by the closing attorney in accordance with the settlement statement and the provisions of Chapter 45A of the North Carolina General Statutes. If the title update should reveal unexpected liens, encumbrances or other title defects, or if the closing attorney is not authorized to disburse all necessary funds, then the Closing shall be suspended and the Settlement deemed delayed under Paragraph 9 (Delay in WARNING: The North Carolina State Bar has determined that the performance of most acts and services required for a closing constitutes the practice of law and must be performed only by an attorney licensed to practice law in North Carolina. State law prohibits unlicensed individuals or firms from rendering legal services or advice. Although non-attomey settlement agents may perform limited services in connection with a closing, they may not perform all the acts and services required to complete a closing. A closing involves significant legal issues that should be handled by an attorney. Accordingly it is the position of the North Carolina Bar Association and the North Carolina Association of REALTORSO that all buyers should hire an attorney licensed in North Carolina to perform a closing. (a) "Special Assessments": A charge against the Property by a governmental authority in addition to ad valorem taxes and recurring governmental service fees levied with such taxes, or by an owners' association in addition to any regular assessment (dues), either ofwhich may be a lien against the Property. A Special Assessment may be either proposed or confirmed. "Proposed Special Assessment": A Special Assessment that is under formal consideration but which has not been approved prior to Settlement. "Confirmed Special Assessment": A Special Assessment that has been approved prior to Settlement whether payable in a lump sum or future installtnents. NOTE: Any Proposed and Confirmed Special Assessments most be identified by Seller in paragraph 5(b), and Buyers and Seller's respective responsibilities for Proposed and Confirmed Special Assessments are addressed in paragraphs 4(a) and 6(k). 2. BUYER'S DUE DILIGENCE PROCESS: WARNING: BUYER IS STRONGLY ENCOURAGED TO CONDUCT DUE DILIGENCE DURING THE DUE DILIGENCE PERIOD. If Buyer is not satisfied with the results or progress of Buyer's Due Diligence, Buyer should terminate this Contract, prior to the expiration of the Due Diligence Period, unless Buyer can obtain a written extension from Seller. SELLER IS NOT OBLIGATED TO GRANT AN EXTENSION. Although Buyer may continue to investigate the Property following the expiration of the Due Diligence Period, Buyer's failure to deliver a Termination Notice to Seller prior to the expiration of the Due Diligence Period will constitute a waiver by Buyer of any right to terminate this Contract based on any matter relating to Buyer's Due Diligence. Provided however, following the Due Diligence Period, Buyer may still exercise a right to terminate if Seller fails to materially comply with any of Seller's obligations under paragraph 6 of this Contract or for any other reason permitted under the terms of this Contract or North Carolina law. (a) Loan: Buyer, at Buyer's expense, shall be entitled to pursue qualification for and approval of the Loan if any. NOTE: Buyer's obligation to purchase the Property is not contingent on obtaining a Loan. Therefore, Buyer is advised to consult with Buyer's lender prior to signing this offer to assure that the Due Diligence Period allows sufficient time for the appraisal to be completed and for Buyer's lender to provide Buyer sufficient information to decide whether to proceed with or terminate the transaction. (b) Property Investigation: Buyer or Buyer's agents or representatives, at Buyer's expense, shall be entitled to conduct all desired tests, surveys, appraisals, investigations, examinations and inspections of the Property as Buyer deems appropriate, including butNOT limited to the following: Page 3 of 12 STANDARD FORM 12-T ((���_ Revised 712019 Buyer initials DM Seller initial 07/2019 Pm9a adr apram®by nPL",b en u,-W.'-w, M algan 48028 xmraddoab=a 1429aarahn,v (i) Soil And Environmental: Reports to determine whether the soil is suitable for Buyer's intended use and whether there is any environmental contamination, law, role or regulation that may prohibit, restrict or limit Buyer's intended use. (ii) Septic/Sewer System: Any applicable investigation(s) to determine: (1) the condition of an existing sewage system, (2) the costs and expenses to install a sewage system approved by an existing Improvement Permit, (3) the availability and expense to connect to a public or community sewer system, and/or (4) whether an Improvement Permit or written evaluation may be obtained from the County Health Deparhnent for a suitable ground absorption sewage system (iu) Water: Any applicable investigation(s) to determine: (1) the condition of an existing private drinking water well, (2) the costs and expenses to install a private drinking water well approved by an existing Construction Permit, (3) the availability, costs and expenses to connect to a public or community water system, or a shared private well, and/or (4) whether a Construction Permit may be obtained from the County Health Department for a private drinking water well. (iv) Review of Documents: Review of the Declaration of Restrictive Covenants, Bylaws, Articles of Incorporation, Rules and Regulations, and other governing documents of any applicable owners' association and/or subdivision. If the Property is subject to regulation by an owners' association, it is recommended that Buyer review the completed Owners' Association And Addendum (Standard Form 2Al2-1) provided by Seller prior to signing ibis offer. It is also recommended that the Buyer determine if the owners' association or its management company charges fees for providing information required by Buyer's lender or confirming restrictive covenant compliance. (v) Appraisals: An appraisal of the Property. (vi) Survey: A survey to determine whether the property is suitable for Buyer's intended use and the location of easements, setbacks, property boundaries and other issues which may or may not constitute title defects. (vii)Zoning and Governmental Regulation: Investigation of current or proposed zoning or other governmental regulation that may affect Buyer's intended use of the Property, adjacent land uses, planned or proposed road construction, and school attendance zones. (vill) Flood Hazard: investigation of potential flood hazards on the Property, and/or any requirement to purchase flood insurance in order to obtain the Loan. (ix) Utillttes and Access: Availability, quality, and obligations for maintenance of utilities including electric, gas, communication services, storm water management, and means of access to the Property and amenities. (x) Streets/Roads: Investigation of the status of the street/road upon which the Property fronts as well as any other street/road used to access the Property, including: (1) whether any street(s)lroad(s) are public or private, (2) whether any strect(s)/road(s) designated as public are accepted for maintenance by the State of NC or any municipality, or (3) if private or not accepted for public maintenance, the consequences and responsibility for maintenance and the existence, terms and funding of any maintenance agreements. NOTE: NC General Statutes Section 136-102.6(f) (the "Statute") requires that under circumstances described in the Statute, a buyer must be provided a subdivision streets disclosure statement prior to entering into an agreement to buy subdivided property described in the Statute. If Buyer or Seller are uncertain whether the sale of the Property described in this Contract is subject to the Statute, consult a NC real estate attorney. (xi) Sale/Lease of Existing Property: As noted in paragraph 3(b), this Contract is not conditioned upon the saletlease or closing of other property owned by Buyer. Therefore, if Buyer must sell or lease other real property in order to qualify for a new loan or to otherwise complete the purchase of the Property, Buyer should seek to close on Buyer's other property prior to. the end of the Due Diligence Period or be reasonably satisfied that closing on Buyer's other property will take place prior to the Settlement Date of this Contract. (c) Buyer's Obligation to Repair Damage: Buyer shall, at Buyer's expense, promptly repair any damage to the Property resulting from any activities of Buyer and Buyer's agents and contractors, but Buyer shall not be responsible for any damage caused by accepted practices applicable to any N.C. licensed professional performing reasonable appraisals, tests, surveys, examinations and inspections of the Property. This repair obligation shall survive any termination of this Contract. (d) Indemnity: Buyer will indemnify and hold Seller harmless from all loss, damage, claims, suits or costs, which shall also out of any contract, agreement, or injury to any person or property as a result of any activities of Buyer and Buyers agents and contractors relating to the Property except for any loss, damage, claim, suit or cost arising out of pre-existing conditions of the Property and/or out of Seller's negligence or willful acts or omissions. This indemnity shall survive this Contract and any termination hereof. (e) Buyer's Right to Terminate: Buyer shall have the right to terminate this Contract for any reason of no reason, by delivering to Seller written notice of termination (the "Termination Notice") during the Due Diligence Period (or any agreed -upon written extension of the Due Diligence Period), TLVE BEING OF THE ESSENCE If Buyer timely delivers the Termination Notice, this Contract shall be terminated and the Earnest Money Deposit shall be refunded to Buyer. Page 4 of 12 STANDARD FORM 12-T Revised U2019 Buyer initials Seller initial I ® 712019 pmnxea Wtl .k Fama byrloLLO& a RoiO, Frew,6lkMya,480ffi femornatma.ram 147Salmyah. (0 CLOSING SHALL CONSTITUTE ACCEPTANCE OF THE PROPERTY IN ITS THEN EXISTING CONDITION UNLESS PROVISION IS OTHERWISE MADE IN WRITING. 1 BUYER REPRESENTATIONS: (a) Loan: Buyer Mikes ❑ does not intend to obtain a new loan in order to purchase the Property. if Buyer is obtaining a new loan, Buyer intends to obtain a loan as follows: ❑X Conventional ❑ Other. loan at a ❑ FixedRate ❑ Adjustable Rate in the principal amount of $248,000.00 for a term of i5 year(s), at an initial interest rate not to exceed 5.000 %per antrum (the "Loan"). NOTE: Buyer's obligation under this Contract are not conditioned upon obtaining or closing any loan. I NOTE: If Buyer does not intend to obtain a new loan, Seller is advised, prior to signing this offer, to obtain documentation from Buyer which demonstrates that Buyer will be able to close on the Prouertv without the necessity of obtaining a new loan. (b) OtherProperty:Buyer L or to complete the purchase. (C Other Property Address: DOES NOT have to sell or lease other real property in order to qualify for a new loan following only ifBayer DOSS have to sell or lease other real property:) ❑ (Check if appilcable) Buyer's other property IS under contract as of the date of this offer, and a copy of the contract has either been previously provided to Seller or accompanies this offer. (Buyer may mark out any confidential information, such as the purchase price and the buyer's ideality, prior to providing a copy of the contract to Seller:) Failure to provide a copy of the contract shall not prevent this offer from becoming a binding contract; however, SELLER IS STRONGLY ENCOURAGED TO OBTAIN AND REVIEW THE CONTRACT ON BUYER'S PROPERTY PRIOR TO ACCEPTING THIS OFFER. ❑ (Check f applicable) Buyer's other property IS NOT under contract as of the date of this offer. Buyer's property (check only ONE of thefollowing options): is listed with and actively marketed by a licensed real estate broker. will be fisted with and actively marketed by a licensed real estate broker. Buyer is attempting to sell/lease the Buyer's Property without the assistance of a licensed real estate broker. NOTE: This Contract is NOT conditioned upon the sala/lease or closing of Buyer's other property. If the parties agree to make this Contract conditioned on a salellease or closing of Buyers other property, an appropriate contingency addendum should be drafted by a North Carolina real estate attorney and added to this Contract. (c) Performance of Buyer's Financial Obligations: To the best of Buyers knowledge, there are no other circumstances or conditions existing as of the date of this offer that would prohibit Buyer from performing Buyers financial obligations in accordance with this Contract, except as maybe specifically set forth herein. 4. BUYER OBLIGATIONS: (a) Responsibility for Proposed Special Assessments: Buyer shall take title subject to all Proposed Special Assessments. (b) Responsibility for Certain Costs: Buyer shall be responsible for all costs with respect to: (i) any loan obtained by Buyer, including charges by an owners association and/or management company as agent of an owners' association for providing information required by Buyers lender; (ii) charges required by an owners' aswolatiou declaration to be paid by Buyer for Buyers future use and enjoyment of the Property, including, without limitation, worldng capital contributions, membership fees, or charges for Buyers use of the common elements and/or services provided to Buyer, such as "move -in fees"; (iii) determining restrictive covenant compliance; (iv) appraisal; (v) title search; (vi) title insurance; (vii) any fees charged by the closing attorney for the preparation of the Closing Disclosure, Seller Disclosure and any other settlement statement; (viii) recording the deed; and (ix) preparation and recording of all instruments required to secure the balance of the Purchase Price unpaid at Settlement. (c) Authorization to Disclose Information: Buyer authorizes the Buyers lender(s), the parties' real estate agent(s) and closing attomey:(1) to provide this Contract to any appraiser employed by Buyer or by Buyers lender(s); and (2) to release and disclose any buyers closing disclosure, settlement statement and/or disbursement summary, or any information therein, to the parties to this transaction, their real estate agent(s) and Buyer's lender(s). Page 5 of 12 STANDARD FORM 12•7 Revised 7/2019 Buyer initials DM Sellerinitia 0712019 R'oOuttE wM zVPom�WyNWz 1 n d, Frarer, Midgan 490P8 wwziolmizmm t�Silq 51,"res 5. SELLER REPRESENTATIONS: (a) Ownership: Seller represents that Seller. rvl has owned the Property for at least one year. has owned the Property for less than one year, does not yet own the Property. (b) Assessments: To the best of Seller's knowledge there [] are Marc not any Proposed Special Assessments. If any Proposed Special Assessments, identify: Seller warrants that there ❑ are Ware not any Confirmed Special Assessments. If any Confirmed Special Assessments, identify: NOTE: Buyer's and Seller's respective responsibilities for Proposed and Confirmed Special Assessments are addressed in paragraphs 4(a) and 6(k). (c) Owners' Assoclation(a) and Dues: To best of Seller's knowledge, ownership of the Property subjects Odoes not subject Buyer to regulation by one or more owners' association(s) and governing documents, which impose various mandatory covenants, conditions and restrictions upon the Property and Buyers enjoyment thereof, including but not limited to obligations to pay regular assessments (dues) and Special Assessments. If then: is an owners' association, that an Owners' Association Disclosure and Addendum For Properties Exempt from Residential Property Disclosure Statement (Standard Form 2Al2-1) shall be completed by Seller, at Seller's expense, and must be attached as an addendum to this Contract. (d) Sewage System Permit: (Applicable ©Not Applicable) Seller warrants that the sewage system described in the improvement Permit ausebed hereto has been installed, which representation survives Closing, but makes no further representations as to the system. (e) Private Drinking Water Well Permit.,( ] Applicable QNot Applicable) Seller warrants that a private drinking water well has been installed, which representation survives Closing, but makes no further representations as to the well. (if well installed after Julyl,2008, attach improvement Permit hereto.) 6. SELLER OBLIGATIONS: (a) Evidence of Title, Payoff Statement(s) and Non Foreign Status: (i) Seller agrees to use best efforts to provide to the closing attorney as soon as reasonably possible after the Effective Date, copies of all title information in possession of or available to Seller, including but not limited to: title insurance policies, attorneys opinions on title, surveys, covenants, deeds, notes and deeds of trust, leases, and easements relating to the Property. (ii) Seller shall provide to the closing attorney all information needed to obtain a written payoff statement from any leader(s) regarding any security interest in the Property as soon as reasonably possible after the Bffective Date, and Seller designates the closing attorney as Seller's agent with express authority to request and obtain on Sellers behalf payoff statements and/or short -pay statements from any such tender(s). (iii) If Seller is not a foreign person as defined by the Foreign Investment in Real Property Tax Act, Seller shall also provide to the closing attorney a non -foreign status affidavit (pursuant to the Foreign Investment in Real Property Tax Act). In the event Seller shall not provide a non -foreign status affidavit, Seller acknowledges that there maybe withholding as provided by the internal Revenue Code. (b) Authorization to Disclose luformattom Seller authorizes: (1) any attorney presently or previously representing Seller to release and disclose any title insurance policy in such attorney's file to Buyer and both Buyer's and Seller's agents and attorneys; (2) the Property's title insurer or its agent to release and disclose all materials in the Propertys title insurer's (or title insurer's agent's) file to Buyer and both Buyer's and Seller's agents and attorneys, and (3) the closing attorney to release and disclose any seller's closing disclosure, settlement statement and/or disbursement summary, or any information therein, to the parties to this transaction, their real estate agent(s) and Buyer's lender(s). (c) Access to Property: Seller shall provide reasonable access to the Property through the earlier of Closing or possession by Buyer, including, but not limited to, allowing the Buyer and/or Buyer's agents or representatives an opportunity to (i) conduct Due Diligence, (ii) verify the satisfactory completion of negotiated repaits/improvements, and (III) conduct a final walk-through inspection of the Property. Seller's obligation includes providing existing utilities operating at Seller's cost including any connections and dewinterizing. To the extent applicable, Seller shall also be responsible for timely clearing that portion of the Property required by the County to perform tests, inspections and/or evaluations to determine the suitability of the Property for a sewage system and/or private drinking water well. FROM See WARNING in pamgmpb 2 above for limitation on Buyer's right to terminate this Contract as a result of Buyer's continued investigation of the Property following the expiration of the Due Diligence Period, Page 6 of 12 STANDARD FORM 12-T Revised 7/2019 Buyer initials Seller initie ® 7/2019 Pl.kcw W%h zvfw ab/vPr�Yb 1kn .'fifiCNg.n a aam,Lptdgaeam Ifs Iwshw. (d) Removal of Seller's Property: Seller shall remove from the Property, by the date possession is delivered, (i) all personal property which is not a part of the purchase and (ii) unless otherwise agreed, all garbage and debris. (e) Affidavit and Indemnification Agreement: Seller shall furnish at Settlement an affidavit(s) and indemnification agreement(s) in form satisfactory to Buyer and Buyers title insurer, if any, executed by Seller and any person or entity who has performed or famished labor, services, materials or rental equipment to Ike Property within 120 days prim to the date of Settlement and who may be entitled to claim a lien against the Property as described in N.C.G.S. §44A-8 verifying that each such person or entity has been paid in full and agreeing to indemnify Buyer, Buyer's leuder(s) and Buyer's title insurer against all loss from any cause or claim arising them from. (f) Designation of Lien Agent, Payment and Satisfaction of Liens: If required by N.C.G.S. §44A-11.1, Seller shall have designated a Lien Agent, and Seller shall deliver to Buyer as soon as reasonably possible a copy of the appointment of Lien Agent All deeds of trust, deferred ad valorem taxes, liens and other charges against tire Property, not assumed by Buyer, must be paid and satisfied by Seller prior to or at Settlement such that cancellation may be promptly obtained following Closing. Seller shall remain obligated to obtain any such cancellations following Closing. (g) Good Ttfic, Legal Access: Seller shall execute and deliver a GENERAL WARRANTY DEED for the Property in recordable form no later than Settlement, which shall convey fee simple marketable and insurable title, without exception for mechanics' liens, and free of any other liens, encumbrances or defects, including those which would be revealed by a current and accurate survey of the Property, except: ad valorem taxes for the current year (prorated through the date of Settlement); utility easements and unviolated covenants, conditions or restrictions that do not materially affect the value of the Property; and such other liens, encumbrances or defects as may be assumed or specifically approved by Buyer in writing. The Property must have legal access to a public right of way. NOTE: Buyer's failure to conduct a survey or examine title of the Property prior to the expiration of the Due Diligence Period does not relieve the Seller of their obligation to deliver good title under this paragraph. FOTE: If any sale of the Property may be a "short sale," consideration should be given to attaching a Short Sale Addendum Standard Form 2.A14-T) as an addendum to this Contract. (h) Deed, Taxes, and Fees: Seller shall pay for preparation of a deed and all other documents necessary to perform Seller's obligations under this Contract, and for state and county excise taxes, and any deferred, discounted or rollback taxes, and local conveyance fees required by law. The deed is to be made to: David J. Harrell (i) Agreement to Pay Buyer Expenses: Seller shall pay at Settlement $ -0 - toward any of Buyers expenses associated with the purchase of the Property, at the discretion of Buyer and/or lender, if any, including any FHANA lender and inspection costs that Buyer is not permitted to pay. 0) Owners' Association Fees/Charges: Seller shall pay: (i) any fees required for confirming Seller's account payment information on owners' association dues or assessments for payment or proration; (ii) any fees imposed by an owners' association and/or a management company as agent of the owners' association in connection with the transaction contemplated by this Contract other than those fees required to be paid by Buyer under paragraph 4(b) above; and (iii) fees incurred by Seller in completing the Residential Property and Owners' Association Disclosure Statement, and resale or other certificates related to a proposed sale of the Property. (k) Payment of Confirmed Special Assessments: Seller abell pay, in full at Settlement, all Confirmed Special Assessments, whether payable in a lump sum or future installments, provided that the amount thereof can be reasonably determined or estimated. The payment of such estimated amount shall be the trust payment between the Parties. p) Late Listing Penalties: AB property tax late listing penalties, if any, shall be paid by Seller. (m) Owners' Association Disclosure and Condominium Resale Statement Addendum (Standard Form 2Al2-T): If applicable, Seller shall provide the completed Owners' Association Disclosure and Condominium Resale Statement Addendum to Buyer on or before the Effective Date. (n) Seller's Failure to Comply or Breach: If Seller fails to materially comply with any of Sellers obligations under this Paragraph 6 or Seller materially breaches this Contract, and Buyer elects to terminate this Connect as a result of such failure or breach, then the Earnest Money Deposit and the Due Diligence Fee shall be refunded to Buyer and Seller shall reimburse to Buyer the reasonable costs actually incurred by Buyer in connection with Buyers Due Diligence without affecting any other remedies. If Page 7 of 12 STANDARD FORM 12-T WFI.,VjhW�426 Revised 7/2019 Buyer initials Segerilia07/2019 Pwd.md m*M*Fong byxlp.og�c 1 F 0amlO. Ivs.wow. legal proceedings are brought by Buyer against the Seller to recover the Earnest Money Deposit, the Due Diligence Fee and/or the reasonable costs actually incurred by Buyer in connection with Buyeris Due Diligence, the prevailing party in the proceeding shall be entitled to recover from the non -prevailing party reasonable attorney fees and court casts incurred in connection with the proceeding. 7. PRORATIONS AND ADJUSTMENTS: Unless otherwise provided, the following items shall be prorated, with Seller responsible for the prorated amounts through the date of Settlement, and either adjusted between the parties or paid at Settlement: (a) Taxes on Real Property: Ad valorem taxes and recurring governmental service lees levied with such taxes on real property shall be prorated on a calendar year basis; (b) Rents: Renta, if any, for the Property; (c) Dues: Owners' association regular assessments (dues) and other like charges. 8. RISK OF LOSS/CONDITION OF PROPERTY AT CLOSING: The risk of loss or damage by fire or other casualty prior to Closing shall be upon Seller. Seller is advised not to cancel existing insurance on the Property until after confirming recordation of the deed. Buyer's obligation to complete the transaction contemplated by this Contract shall be contingent upon the Property being in substantially the same or better condition at Closing as on the date of this offer, reasonable wear and tear excepted. If the Property is not in substantially the same or better condition at Closing as on the date of this offer, reasonable wear and tear excepted, Buyer may terminate this Contract by written notice delivered to Seller and the Earnest Money Deposit shall be refunded to Buyer. If the Property is not in such condition and Buyer does NOT elect to terminate this Contract, Buyer shall be entitled to receive, in addition to the Property, the proceeds of any insurance claim filed by Seller on account of any damage or destruction to the Property. 9. DELAY IN SETTLEMENT/CLOSING: Absent agreement to the contrary in this Contract or any subsequent modification thereto, if a patty is unable to complete Settlement by the Settlement Date but intends to complete the transaction and is acting in good faith and with reasonable diligence to proceed to Settlement ("Delaying Party"), and if the other party is ready, willing and able to complete Settlement on the Settlement Date ('Non -Delaying Party") then the Delaying Party shall give as much notice as possible to the Non -Delaying Party and closing attorney and shall be entitled to a delay in Settlement. If the parties fail to complete Settlement and Closing within fourteen (14) days of the Settlement Date (including any amended Settlement Date agreed to in writing by the parties) or to otherwise extend (lie Settlement Date by written agreement, then the Delaying Party shall be in breach and the Non - Delaying Patty may terminate this Contract and shall be entitled to enforce any remedies available to such party under this Contract for the breach. 10. POSSESSION: Unless otherwise provided herein, possession, including all means of access to the Property (keys, codes, including security codes, gate openers, electronic devices, etc.) shall be delivered at Closing as defined in Paragraph I(m). No alterations, excavations, tree or vegetation removal or other such activities may be done before possession is delivered. 11. ADDENDA: CHECK ALL STANDARD ADDENDA THAT MAY BE A PART OF THIS CONTRACT, IF ANY, AND ATTACH HERETO. ITEMIZE ALL OTHBR ADDENDA TO THIS CONTRACT, IF ANY, AND ATTACH HERETO. Additional Provisions Addendum (Form 2A11-T) Additional Signatures Addendum (Form 3-T) Beck -Up Contract Addendum (Form 2A1-T) Loan Assumption Addendum (form 2A6-1) ❑ Identify other attorney or party drafted addenda: ❑ Owners' Association Disclosure And Addendum For Properties Exempt from Residential Property Disclosure Statement (Form 2Al2-T) ❑ Seller Financing Addendum (Form 2A5-T) ❑ Short Sale Addendum (Form 2A14-a) NOTE: UNDER NORTH CAROLINA LAW, REAL ESTATE BROKERS ARE NOT PERMITTED TO DRAFT ADDENDA TO THIS CONTRACT. 12. ASSIGNMENTS: This Contract may not be assigned without the written consent of all parties except in connection with a tax -deferred exchange, but if assigned by agreement, then this Contract shall be binding on the assignee and assignee's heirs and successors. 13. TAX -DEFERRED EXCRANGE: In the event Buyer or Seller desires to effect a tax -deferred exchange In connection with the conveyance of the Property, Buyer and Setter agree to cooperate in effecting such exchange; provided, however, that the exchanging party shall be responsible for all additional costs associated with such exchange, and provided further, that a nowexchanging party shall not assume any additional liability with respect to such tax -deferred exchange. Buyer and Seller shall execute such additional Page 8 of 12 STANDARD FORM 12-7 Revised 7/2019 Buyer initials Seller initials 0712019 gvtl„md m'B, zlprard9 a/bPmW� 1 d, F,emr, MlNI(pn10a2a byrbpap 1�r S,Iry RAar.+ documents, including assignment of this Contract in connection therewith, at no cost to the non -exchanging party, as shall be required to give effect to Ibis provision. 14. PARTIES: This Contract shall be binding upon and shall inure to the benefit of Buyer and Seller and their respective heirs, successors and assigns. As used herein, words in the singular include the plural and the masculine includes the feminine and neuter genders, as appropriate. 15. SURVIVAL: If any provision herein contained which by its nature and effect is required to be observed, kept or performed after the Closing, it shall survive the Closing and remain binding upon and for the benefit of the parties hereto until fully observed, kept or performed, 16. ENTIRE AGREEMENT: This Contract contains the entire agreement of the parties and there are no representations, inducements or other provisions other than those expressed herein. All changes, additions or deletions hereto must be in writing and signed by all parties. Nothing contained herein shall alter any agreement between a REALTOR® or broker and Seller or Buyer as contained in any listing agreement, buyer agency agreement, or say other agency agreement between them. 17. CONDUCT OE TRANSACTION: The parties agree that any action between them relating to the transaction contemplated by this Contract may be conducted by electronic means, including the signing of this Contract by one or more of them and any notice or communication given in connection with this Contract. Any written notice or communication may be transmitted to any mailing address, e-mail address or fax number set forth in the "Notice Information" section below. Any notice or communication to be given to a party herein, any any fee, deposit of other payment to he delivered to a party herein, may be given to the party or to such party's agent Seller and Buyer agree that the "Notice Information" and "Acknowledgment of Receipt of Monies" sections below shall not constitute a material part of this Contract, and that the addition or modification of any information therein shall not constitute a rejection of an offer or the creation of a counter offer. 18. EXECUTION: This Contract may be signed in multiple originals or counterparts, all of which together constitute one and the same instrument. 19. COMPUTATION OF DAYSITIME OF DAY: Unless otherwise provided, for purposes of this Contract, the term "days" shall mean consecutive calendar days, including Saturdays, Sundays, and holidays, whether federal, state, local or religious. For the purposes of calculating days, the count of "days" shall begin on the day following the day upon which any act or notice as provided in this Contract was required to be performed or made. Any reference to a date or time of day shall refer to the date and/or time of day in the State of North Carolina THE NORTH CAROLINA ASSOCIATION OF REALTORS®, INC. AND THE NORTH CAROLINA BAR ASSOCIATION MAKE NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN ANY SPECIFIC 'TRANSACTION. IF YOU DO NOT UNDERSTAND THIS FORM OR FEEL THAT IT DOES NOT PROVIDE FOR YOUR LEGAL NEEDS, YOU SHOULD CONSULT A NORTH CAROLINA REAL ESTATE ATTORNEY BEFORE YOU SIGN IT. This offer shall become a binding contract on the Effective Date. Unless specifically provided otherwise, Buyer's failure to timely deliver any fee, deposit or other payment provided for herein shall not prevent this offer from becoming a binding contract, provided that any such failure shall give Seller certain rights to terminate the contract as described herein or as otherwise permitted by law. Date; 07/17/2,t/ 0/1,90'7::42 PM EDT nY lac Buyer a '/fit ¢ V David J. Harrell Date: Buyer Entity Buyer: (Nance of LLC/Corporation/Partnembip/Trusdetc.) By: Name: Title: Date: Entity Seller: (Name of LLGCorporation/PartnershipiTmst/etc.) By: Name: Title: Date: _ 9of12 rm.Ad,apronx®syaprodx INTO Fn Nl"aaad,r w, uaynga,48VO ,.wxWAOx STANDAIID FORM 12 T Revised 712019 ® 712019 nrsxilys"wa WIRE FRAUD WARNING TO BUYERS: BEFORE SENDING ANY WIRE, YOU SHOULD CALL THE CLOSING ATTORNEYS OFFICE TO VERIFY THE INSTRUCTIONS. IF YOU RECEIVE WRUNG INSTRUCTIONS FOR A DIFFERENT BANK, BRANCH LOCATION, ACCOUNT NAME OR ACCOUNT NUMBER, THEY SHOULD BE PRESUMED FRAUDULENT. DO NOT SEND ANY FUNDS AND CONTACT THE CLOSING ATTORNEY'S OFFICE IMMEDIATELY. TO SELLERS: IF YOUR PROCEEDS WILL BE WIRED, IT IS RECOMMENDED THAT YOU PROVIDE WIRING INSTRUCTIONS AT CLOSING IN WRITING IN THE PRESENCE OF THE ATTORNEY. IF YOU ARE UNABLE TO ATTEND CLOSING, YOU MAY BB REQUIRED TO SEND AN ORIGINAL NOTARIZED DIRECTIVE TO THE CLOSING ATTORNEY'S OFFICE CONTAINING THE WRUNG INSTRUCTIONS. THIS MAY BE SENT WITH THE DEED, LIEN WAIVER AND TAX FORMS IF THOSE DOCUMENTS ARE BEING PREPARED FOR YOU BY THE CLOSING ATTORNEY. AT A MINIMUM, YOU SHOULD CALL THE CLOSING A17ORNBTS OFFICE TO PROVIDE THE WIRE INSTRUCTIONS. THE WIRE INSTRUCTIONS SHOULD BE VERIFIED OVER THE TELEPHONE VIA A CALL TO YOU INITIATED BY THE CLOSING ATTORNEY'S OFFICE TO ENSURE THAT THEY ARE NOT FROM A FRAUDULENT SOURCE. WHETHER YOU ARE A BUYER OR A SELLER, YOU SHOULD CALL THE CLOSING ATTORNEY'S OFFICE AT A NUMBER THAT IS INDEPENDENTLY OBTAINED. TO ENSURE THAT YOUR CONTACT IS LEGITIMATE, YOU SHOULD NOT RELY ON A PHONE NUMBER IN AN EMAIL FROM THE CLOSING ATTORNEY'S OFFICE, YOUR REAL ESTATE AGENT OR ANYONE ELSE. [THIS SPACE INTENTIONALLY LEFT BLANK] Page 10 of 12 STANDARD FORM MT Revised 7/2019 ® W2019 PIOdGE WFHpFpmH b/xlpWgh 1B010 FEken Mfe Roh(FryKr�MlNynIBVl6 � 1415ilba6om R1_y_y WIRMITIVA: Y_1 NOTE: INSERT AT LEAST ONE ADDRESS AND/OR ELECTRONIC DELIVERY ADDRESS EACH PARTY AND AGENT APPROVES FOR THE RECEIPT OF ANY NOTICE CONTEMPLATED BY THIS CONTRACT. INSERT "N/A" FOR ANY WHICH ARE NOT APPROVED. BUYER NOTICE ADDRESS: Mailing Address: 303 Soundview Ct, Cape Carteret, NC 28584 Buyer Fax#: Buyer E-mail: Djh0453(pbgmal1.com OF Selling Firm Name: SHOREWOOD REAL ESTATE INC Acting as ❑ Buye{s Agent Sellaeo(sub)Agent Dual Agent Firm License#: C8968 Mailing Address: 7703 Emerald Dr, Emerald Isle, NC 29594-2808 Individual Selling Agent: MICHELLE L DAFFRON Acting as a Designated Dual Agent (check only if applicable) Selling Agent License#. 164348 Selling Agent Phone#: (252)622-8022 Selling Agent Fax#: (252)364-7852 Selling Agent E-mail: maffrooQsliorewoodrealestate.net SELLER NOTICE ADDRESS: Seiler Fax#: Seller E-mail: rlfoxfarms@aol.com ADDRESSES Listing Firm Name: SHOREWOOD REAL ESTATE INC Acting as ❑ Sellees Agent X Dual Agent Firm License#: C8968 Mailing Address: 7703 Emerald DAve, Emerald Isle, NC Individual Listing Agent: MICHELLE L DAFFRON ❑ Acting as a Designated Dual Agent (check only if applicable) Listing Agent License#: 164348 Listing Agent Phone#: (252)354-7873 Listing Agent Fax#: (252)354-7852 .Listing Agent E-mail: mdaffronCa aborewoodrealestate.not [THIS SPACE INTH1,MONALLY LEFT BLANK] Page I t of 12 Prnd..dwfidpF.w4brzKMk 4mrerdl h, ftoed.re .Mkle9M48= rilMd ID STANDARD FORM 12-T Revised 7/2019 437/2019 147 sdb Elan. ACKNOWLEDdMENT OF RECEIPT OF MONIES Seller: Frank J. Fox, Joann P. Fox ("Seller") Buyer: David J. Harrell ("Buyer") Property Address: 147 Salty Shores Point Rd Newport NC 28570-5165 ("Property") ❑ LISTING AGENT ACKNOWLEDGMENT OF RECEIPT OF DUE DILIGENCE FEE Paragraph 1(d) of the Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the payment to Seller of a Due Diligence Fee in the amount of $ , receipt of which Listing Agent hereby acknowledges. Date: Firm: SROREWOODREAL ESTATE INC By: (Signature) MICHELLE L DAFFRON (Print name) ----+--------- ----- --------------------------•----------- ❑ SELLER ACKNOWLEDGMENT OF RECEIPT OF DUE DILIGENCE FEE Paragraph 1(d) of die Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the payment to Seller of a Due Diligence Fee in the amount of $ , receipt of which Seller hereby acknowledges. Date: Seller: (Signature) Frank J. Fox Date: Seller: (Signature) Joann P. Fox ESCROW AGENT ACKNOWLEDGMENT OF RECEIPT OF INPPIAL EARNEST MONEY DEPOSIT Paragraph 1(d) of the Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the payment to Escrow Agent of an Initial Earnest Money Deposit in the amount of $ lCc, () _ CO . Escrow Agent as identified in Paragraph l(f) of the Offer to Purchase and Contract hereby acknowledges receipt of the Initial Earnest Money Deposit and agrees to hold and disburse th iame in ac ord ce with the terms of the Offer to Purchase and Contract. Date: / Firm: SI rewoo ear Esta e By: ( natu5a) n i (j LL (Print name) ------------------------------------------------------------------------------------------- ❑ESCROW AGENT ACKNOWLEDGMENT OF RECEIPT OF (ADDITIONAL) EARNEST MONEY DEPOSIT Paragraph l(d) of the Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the payment to Escrow Agent of an (Additional) Earnest Money Deposit in die amount of $ _. Escrow Agent as identified in Paragraph I (f) of the Offer to Purchase and Contract hereby acknowledges receipt of the (Additional) Earnest Money Deposit and agrees to hold and disburse the same in accordance with the terns of the Offer to Purchase and Contract. Date: Time: Firm: Shorewood Real Estate AM. ❑PM By: (Signature) (Print name) Page 12 of 12 STANDARD FORM 12-T Revised 7/2019 0 7/2019 PioducedwlN ilpFam�bybploplx 1007GFlae"n Mpz Ro ,Fm r,Mlchlp"n48026 IAW Iplegl... 147atlry8he.e DAVID J HARRELL SR NCDL 17449as PH. 252-717-6479 303 SOUNDVIEW CT CAPE CARTERU, NC 28584-9743 14 fed 136 _ /�! "Al .2/531 Date II` BBNKHBNMpNpNNIB COMFMY 1-pBPBKNKBB/lf BBican l:05310112 W:00051959 298411100013 s /fQDie 0,4, '-Dollars �o =1.'M t i�l rr U k. 4-0 A 4-1 U + ; b_. a 0 pp N W M fril'll 1--1 a m 0 � �D N coO q fa M �x O 0, W v bx z G„ W F F C#I) gqg ad+ r �z e�iG ti N r P k4 VR N - �x g� Sm a� �a c� m� €N € o S� N� mU Jffi aU a� a$ $ S 0 ' crop a� os A E v� 4� $mom -�m O O p �£m e o w ;; o x N p WW � E LO H O N p p gtEo o Q O QO` W[7-, In O O� O,O O M rno v3 3 $w ii n 9 Hof