77824D - Gay

-/- aC f�3-ivZ()
]CAMA/ ❑DREDGE & FILLg-j')- ) N9 77824 A B
IENERAL PERMIT Previous permit#
New Modification ❑Complete Reissue ❑Partial Reissue Date previous permit issued ,--
rized by the State of North Carolina,Department of Environmental Quality
:oastal Resources Commission in an area of environmental concern pursuant to 15A NCAC 69. , C'G
Rules attliched.
It Name P4 U f// -S 6-6-' Project Location: County /,41 Ct�C.--t/( `'Y / ,'// ' /)Z( . Street Address/State Road/L #(s)
2 4 e el StateN�C ZIP Z7- �"ti L (62- 5v/f5-/ l , (/ "
('��)74 ' - 1'"E-Mail Subdivision �i�
:ed Agent P /4 City /,�/,l L ii' • ZIP l0,,`-t`/"�
❑Cw I EW gPTA ❑ES ❑PTS Phone# ( - ) River Basin ,V
❑OEA HHF ❑IH ❑UBA ❑N/A Adj.Wtr. Body /4 / V1/ na /
19 no PNA yes no/
Closest Maj.Wtr. Body S
V/
f Project/Activity / OA ( v Ct?y- 6-' f / 6 C4 / Gi /r
/�n X r 0IP
(Scale: ( :
(I/
ick)length / /5 ,
latform(s) 2 1 i I N4
Platform(s) lP X /5" { I
)ler(s)
1
imber\ 'l�f_KF!,__,_ — — -
t't W -�—
id/Riprap length —�... .. — G.-.... — j __.
-- i I ,�
g distance offshore
ax distance offshore ' Y +� + I �� a'A. t a.1 f' ' i
hannel \\ IECMI i
bic yards \ \ i
' —
-rip ' x r5�' hi
i '
lulldozing r i j
i i { ,
ie Length 1/- Id 1 ii
i 15°'rrtf I i (A P dgr
rium: n/a yes iir ;
yes
Attached: yes 0till i 1 : i
ing permit may be required by: FE t•J -LA/ W ' ❑See note on back regarding River Basin i
Local Planning Iurisdictionl

}
RECEIVE
AGENT AUTHORIZATION FOR CAMA PERMIT APPLICATION JUL 3 0
:3M W►,LM NGT
Name of Property Owner Requesting Permit: ,_ 0s
Mailing Address: /y/5 Citerzt y1-9/r fi(._
5 f /vC 0L733 o
Phone Number: 9/ 9 - 70 W' M6)
Email Address: d nij ay # d)S) ' /Y1.rpe74
I certify that I have authorized ,
Agent/Contractor
to act on my behalf, for the purpose of applying for and obtaining all CAMA permits
necessary for the following proposed development: ge4/ Doe/4- &4-/ L'
a li•a 1 Dlce/L
at my property located at coZd Z .Sci/c 64 7(ter A `✓'/m°' 'n NC
in P.eR- County.
I furthermore certify that I am authorized to grant, and do in fact grant permission to
Division of Coastal Management staff, the Local Permit Officer and their agents to enter
on the aforementioned lands in connection with evaluating information related to this
permit application.
Property Owne nformation:
,z.
tature
lh
• 47,ctiAy/tes Cl oz y
Print or Type Name
Title

ADJACENT RIPARIAN PROPERTY OWNER STATEMENT RECEIVI
I hereby certify that I own property adjacent to .>�}`f 14 Z C IC. {'l 3 urnLf�t'� 's
property located at aZU6L 'I c (Name of Property Owner)
on �'t I!i/s✓ (Address, Lot, Bloc , Road, ,
(Waterbody) , in %'�L'�C� c�i'".-.
(City/Town and/or ounty) N.C.
The appli nt has described to me, as shown below, the development proposed at the above locati
szca
I have no objection to this proposal.
I have objections to this proposal.
DESCRIPTION AND/OR DRAWING OF PROPOSED DEVELOPMENT
(Individual proposing development must fill in description below or attach a site drawing)
S - d/Gb
•
I understand that a pier, dock, mooringWAIVER SECTION
minimum distance of 15' from my area of'r pavan angs, ccessrunless waived
ftby me.groin must
wish set wan
the setback, you must initial the appropriate blank below.) youto wain
I do wish to waive the 15' setback requirement..
I do not wish to waive the 15' setback requirement.
(Property Owner Information) (Adjacent Property Owner Information)
, `,may
Signat�
igna
.1/c:'a ture ri3� M. lie _.— �=xc� Est a
_Jock_ 4. ere/rc-�
Print or Type Name 4,/"{s L�'✓L/7.ei/ Sze:r,
/y/S-(4te ix.,,, .Dr. Print Na e
Martina Addrpcc / /_ fn �c�,t y, Gf

ADJACENT RIPARIAN PROPERTY OWNER STATEMENT RECE
( un t
I hereby certify that I own property adjacent to 04 a",-1a",-1✓ U a �j hf) ,s 3
(Name of Property Owner)
property located at o1 D l Z J:=` //G fzr , `„i,,h NC�✓i.1 (Address, Lot, Block, oad etc.)
in �'�r2 � ;II
on ez,-7 , N.C.
(Waterbody) (City/Town and/or Co nty)
The applicant has described to me, as shown below, the development proposed at the above locati
I have no objection to this proposal.
I have objections to this proposal.
DESCRIPTION AND/OR DRAWING OF PROPOSED DEVELOPMENT
(Individual proposing development must fill in description below or attach a site drawing,
WAIVER SECTION
I understand that a pier, dock, mooring pilings, breakwater, boathouse, lift, or groin must be set bac
minimum distance of 15' from my area of riparian access unless waived by me. (If you wish to m
the setback, you must initial the appropriate blank below.)
I do wish to waive the 15' setback requirement.
1- I do not wish to waive the 15' setback requirement.
(Property wner Information) (Adjac nt Property Owner In o ation)
/ k n /h y
Signaturee4 Sign lure
�!�Jel ��/LT •i4Z-
Print or Type Name Print or Type Name
/l'i S 4 ,1u / r''M A. 04 F G _ed 7` s 44!( GAD/",.�.

, .
_
— — --- — .........
1
g)pat.dion esSe 6iena,i 01,t,r1 I
...., .VS CJIT.. \›..._
....., ,
)
......... I
_ .....t,
...
.
1".•hs IN Ss*
.4 kt.S- ‘-."1 I . .oe••••,
,--
\ • S - •:-. lai•V,',-' I C'r_'''.,...._ CSN
(
, .
("b• 1
. .....
. c.• --t-7'...60
-(7-7. . ' t•ii
, -4...
,,
--19-------- .
.1%.***•.....,.........,.
.-------- ----7. '
..-,.',.
•i--,, K-•-'
o \,
• \
i .
(
z.).\
• af 4„,-,,,, , Axes; 047. i ci I,..‘4.
-. XI .•
..._ = m
— —........ ........... — ,
r— 0 i
--f-7,-I. ./... ..."--,......1,,, i 4:-.1i."A i.....- ...Z.-I .. ./1 41, AS444 rit" Z i..... = 7,1

AGENT AUTHORIZATION FOR CAMA PERMIT APPLICATION
Name of Property Owner Requesting Permit / s 6A7
Mailing Address: ill/5 C2q�t
tI NC 01,7330
Phone Number: 9/9 - 70 w- gii81
Email Address: d j ay e Uri�ces .rr. ne 74
I certify that I have authorized
Agent!Contractor
to act on my behalf, for the purpose of applying for and obtaining all CAMA permits
necessary for the following proposed development: /'` / 2 oc//.. g`4-/ 4414
j Ali x /
at my property located at c';Z 6 Z ICl/ 647(ter /IG� l✓'/m t ii NC
in Pe-Ad if- County.
I furthermore certify that I am authorized to grant, and do in fact grant permission to
Division of Coastal Management staff, the Local Permit Officer and their agents to enter
on the aforementioned lands in connection with evaluating information related to this
permit application.
Property Owne nformation:
/StitT
'Signature
,Ai/ees 6lety
Print or Type Name
Title i'j)

`,, u ssaippb�urlie6y v zt L-"G 1/Ys 's��. e
,,� w
12 2�// 'r,7 sue/ -��J.� 2 -P -71-? r, atue/y a 1 ►o Iuud
8tte `S.9 • aXa arnln sr s�J
...VW — '
I p/ TnuSts
1-47
(uogeuuopl JaunnOadloJd;uaoe(pb) T(uogettuopii
1aum0 Aiadoid)
•;uawaipbai req;as,g L. ay;an!eM o; Usp%)ou op
;uewaJ!nbaJ)pegfes s, ay; amen o;qsw►op l----
an!enn o; ys!nn noQ (•Moiaq )Iuetq aleudojdde ay;leg!u!;snug nog( 'peg;as aqt
�I) •ew Aq pan!em sselun sseooe ueuedu jo ewe Aw wail s 6 ;o aoue;s!p wnw!uiw
e req las aq }snw uloJB Jo .144 'asnoy;eoq 'Ja4e*Weasq 's6ugrd Buuoow '
NO 757§S Z13AIVM °p '�a!d e ;NI pue;slapun {
(Bvuxeap am e gseNe.ro Mo/aq uolidpasep
1N31NdO13/�3Q O3SOdOa AOON aQ O/xuat Nd NOLL ISlanap od /enpr�vpu/)
OS30
•lesodold siq;o; suo!3afgo aney I
lesodold s!y;o;uo!pafgo ou aney l
not;eool anage atg;e pasodoid;ua an
col ap ay; `ti►olaq annoys se `aw o;Paquosap seq;u Aide
el
1(Alum) Joipue un►o11�!O) (APoctiajeM)N ,
(' 'Roil 3018 `30 `sseiPPW /'f/ti1 l fj� uo
s (mum()filmdom jo atugN}' i. Z 9nr le pa;eool Auadoxl
IfrirVI') 21
"Ivof;uaoefpe tedoid unn0 f }eyf Sao Agway f
1N3waiv H3NMO A1213d0Nd NVRIVdRi 1N3OVN IV

ADJACENT RIPARIAN PROPERTY OWNER STATEMENT
I hereby certify that I own property adjacent to 1� / .,Z. r►
�'�j 6.d, 's
property located at o 6 Z jet // re of Property ner)
on 1.G'W4i in(Address, Lot, Biock,j o .) /� I
, N.C.
(Waterbody) (City/Town and/or Co nty)
The applicant has described to me, as shown below, the development proposed at the above location
I have no objection to this proposal.
I have objections to this proposal.
DESCRIPTION AND/OR DRAWING OF PROPOSED DEVELOPMENT
(Individual proposing development must fill in description below or attach a site drawing)
n
WAIVER SECTION
I understand that a pier, dock, mooring pilings, breakwater, boathouse, lift, or groin must be set back
minimum distance of 15' from my area of riparian access unless waived by me. (If you wish to waive
the setback, you must initial the appropriate blank below.)
I do wish to waive the 15' setback requirement.
"---- i do not wish to waive the 15' setback requirement.
(Property ner Information) (Adjac nt Property Owner In ation)
Signature Sign�j lure
c� M J ri. (zecu 1�i Lc t ;X-c--
Print or Type Name / Print or Type Name
/1lrS C p2u?o )C4 n
Mailjrg AO� s� Jr� Mar/irrrtgg Add !l (
T n�f, /�C ,2733 o L•7 Ir►, � /vl

4
.orrcre--,/ /A'' '4,..." "''''4-"'IP 1
f 71, r,45-7 ixx 7-,p‘ )(-f )t,-..1 1-2 9 ' '›ft....r
.t.
I _ ...,...., . .........,
1"7-2/Jj .f )Z117:./ 4 *tA47/rdli •• 4
, 1
•P
7-
/ 1
. .....,,.. .,.j._
• , , —...„...
\ o
%.. -.....- -er
ti:c-k
-..
q _,A
"4 ....z
''''. 4•4 t,-A-
,........ -s N\ ,\
) -------
_ ... •
(.... :.-„,
...•
•....1, * .
--...
.."4-•
r.445‘3° 1 1•7". \-c '''.
I . .
4:1.... -.% ...t...
ti Ai • 1
\ 1 A1 l,plya.,3 s5 ).,v ig-p we
i
i
j_ _ _ _. . _ _ _ _
, .
, ,, ,
, '7A" vLi

3n Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
1 Envelope ID:F E 83C 162-5AD3-41 9A-AC69-D38F3C BF 8064
1 Envelope ID:4101811C-9736-41F1-8052-E4442DC1074E
Fa Irralooastal
OFFER TO PURCHASE AND CONTRACT-VACANT LOT/LAND 'vow RF.AL7YCORPORATION
(Consult"Guidelines"(form 12G)for guidance in completing this form)
1TE: This contract is intended for unimproved real property that Buyer will purchase only for personal use and does not have
nediate plans to subdivide. It should not be used to sell property that is being subdivided unless the property has been platted,
perly approved and recorded with the register of deeds as of the date of the contract. If Seller is Buyer's builder and the sale
olves the construction of a new single family dwelling prior to closing, use the standard Offer to Purchase and Contract—New
nstruction (Form 800-T) or, if the construction is completed, use the Offer to Purchase and Contract (Form 2-T) with the New
nstruction Addendum(Form 2A3-T).
r valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged,Buyer offers to purchase and Seller
an acceptance agrees to sell and convey the Property on the terms and conditions of this Offer To Purchase and Contract and any
iendum or modification made in accordance with its terms(together the"Contract"),
/.tERMS AND DEFINITIONS: The terms listed below shall have the respective meaning given them as set forth adjacent to
ah_teo 4n.s.
0(a) "Seller": ,",ailtnv_t�reel4Sr , `an„�r.P--'''� G�S4w,,,� �� �•t"rO1� UstirOCA
(b) "Buyer":Douglas M.Gay,Elizabeth Gay
(c) "Property":The Property shall include all that real estate described below together with all appurtenances thereto includini
the improvements located thereon.
NOTE: If the Property will include a manufactured (mobile) home(s), Buyer and Seller should consider including tin
Manufactured(Mobile)Home provision in the Additional Provisions Addendum(Standard Form 2AI l-T)with this offer.
Street Address:2062 Scotts Hill Loop Road
City:Wilmington Zip:28411
2(i)County:Pender ,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 ,Block/Section ,Subdivision/Condominium
,as shown on Plat Book/Slide at Page(s)
The PIN/PID or other identification number of the Property is:3280-14-3459-0000
Other description: Loop Road 1571 and SOUND
Some or all of the Property may be described in Deed Book 14 .2,. at Page 124
(d) "Purchase Price":
S 900,000.00 paid in U.S.Dollars upon the following terms:
S BY DUE DILIGENCE FEE made payable and delivered to Seller by the Effective Date.
$ 20,000.00 BY INITIAL EARNEST MONEY DEPOSIT made payable and delivered to Escrow Age
named in Paragraph 1(f) by ❑cash X personal check ❑official bank check ❑wi
transfer, ❑electronic transfer,EITHER with this offer OR El within five(5)days of t
Effective Date of this Contract.
g BY(ADDITIONAL)EARNEST MONEY DEPOSIT made payable and delivered to Escrc
Agent named in Paragraph I(f) by cash, official hank check, wire transfer or electror
transfer no later than 5 p.m.on- ,
TIME BEING OF THE ESSENCE.
$ BY ASSUMPTION of the unpaid principal balance and all obligations of Seller on 1
existing loan(s) secured by a deed of trust on the Property in accordance with the attacl,
Loan Assumption Addendum(Standard Form 2A6-T).
g _ BY SELLER FINANCING in accordance with the attached Seller Financing Addend'
(Standard Form 2A3-1).
S 880,000.00 BALANCE of the Purchase Price in cash at Settlement(some or all of which may be p.
.,Ati,ti..nrnr. it of a.new Inanl

In Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
i Envelope ID:FE83C1625AD3-419A-AC69-D38F3CBF8064
Envelope 1D:4101 B11C-9736-41 F1-8D52-E44420C1 B74E
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 Contract 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 Contract 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 Seller's 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 Contract 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 non-prevailing party reasonable attorney fees and court costs incurred in
connection with the proceeding.
(f) "Escrow Agent"(insert name): Intracoastal Realty
NOTE: In the event of a dispute between Seller and Buyer over the disposition of the Earnest Money Deposit held in escrow,
licensed real estate broker ("Broker") is required by state law (and Escrow Agent, if not a Broker, hereby agrees) to retain the
Earnest Money Deposit in the Escrow Agent's 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 o
an attorney licensed to practice law in North Carolina("Attorney") is holding the Earnest Money Deposit,the Broker or Attome)
may deposit the disputed monies with the appropriate clerk of court in accordance with the provisions ofN_C.G.S.§93A-12.
THE PARTIES AGREE THAT A REAL ESTATE BROKERAGE FIRM ACTING AS ESCROW AGENT MAY PLACE THI
EARNEST MONEY DEPOSIT IN AN INTEREST BEARING TRUST ACCOUNT AND THAT ANY INTEREST EARNEL
THEREON SHALL BE DISBURSED TO THE ESCROW AGENT MONTHLY IN CONSIDERATION OF THE EXPENSE:
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 tint
counteroffer, if any,and(2)such signing or initialing is communicated to the party making the offer or counteroffer, as the cas
may be.The parties acknowledge and agree that the initials lines at the bottom of each page of this Contract are merely evidenc
of their having reviewed the terms of each page,and that the complete execution of such initials lines shall not be a condition c
the effectiveness of this Agreement.
(h) "Due Diligence": Buyer's opportunity to investigate the Property and the transaction contemplated by this Contrac
including but not necessarily limited to the matters described in Paragraph 2 below, to decide whether Buyer, in Buyer's sol
discretion,will proceed with or terminate the transaction.
(i) "Due Diligence Fee": A negotiated amount,if any, paid by Buyer to Seller with this Contract for Buyer's right to term ina
the Contract for any reason or no reason during the Due Diligence Period. It shall be the property of Seller upon the Effectih
Date and shall be a credit to Buyer at Closing. The Due Diligence Fee shall be non-refundable except in the event of a materi
breach of this Contract by Seller,or if this Contract is terminated under Paragraph 6(n)or as otherwise provided in any addendu
hereto.Buyer and Seller each expressly waive any right that they may have to deny the right to conduct Due Diligence or to asse
anv defense as to the enforceability of this Contract based on the ab %r alleged insufficiency of any Due Diligence Fee,
being the intent of the parties to create a legally binding contract for lte cuyphasc a1c c Property without regard to u
existence of amount of any Due Diligence Fee. / l/Luf u

gn Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
n Envelope ID:FE83C162-5AD3-419A-AC69-D38F3CBF8064
Envelope ID:4101Bt1C-9738-41F1-8D52-E4442DC1B74E di::
6/11/20
(k) "Settlement": The proper execution and delivery to the closing attorney oft)alldocuments ecaita to complete the
transaction contemplated by this Contract, including the deed, settlement state ens, d of trust and di�� ivan or conveyance
documents,and the closing attorney's receipt of all funds necessary to complete s.rcl ctalon. +
(I) "Settlement Date": The parties agree that Settlement will take place on6/10/2020 ei+aty A
(the"Settlement Date"),unless otherwise agreed in writing,at a time and place designated by Buyer.
(m) "Closing": The completion of the 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 county registry of the deed(s) and deed(s) of trust, if any, which shall take place as soot
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.ii
the title update should reveal unexpected liens,encumbrances or other title defects,or if the closing attorney is not authorized tc
disburse all necessary funds,then the Closing shall be suspended and the Settlement deemed delayed under Paragraph 9(Delay it
Settlement/Closing).
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 lay
prohibits unlicensed individuals or firms from rendering legal services or advice. Although non-attorney settlement agents may
perform limited services in connection with a closing, they may not perform all the acts and services required to complete
closing. A closing involves significant legal Issues that should be handled by an attorney. Accordingly it is the position of thl
North Carolina Bar Association and the North Carolina Association of REALTORSO that all buyers should hire an attorne;
licensed in North Carolina to perform a closing.
(n) "Special Assessments": A charge against the Property by a governmental authority in addition to ad valorem taxes an
recurring governmental service fees levied with such taxes,or by an owners' association in addition to any regular assessmer
(dues),either of which 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 approve
prior to Settlement.
"Confirmed Special Assessment": A Special Assessment that has been approved prior to Settlement whether payable in a lum
sum or future installments.
NOTE: Any Proposed and Confirmed Special Assessments must be identified by Seller in paragraph 5(b), and Buyer's ar
Seller's respective responsibilities for Proposed and Confirmed Special Assessments are addressed in paragraphs 4(a)and 6(k).
BUYER'S DUE DILIGENCE PROCESS:
WARN INC: BUYER IS STRONGLY ENCOURAGED TO CONDUCT DUE DILIGENCE DURING THE DUE DILIGENC
PERIOD.If Buyer is not satisfied with the results or progress of Buyer's Due Diligence,Buyer should terminate this Contra
prior to the expiration of the Due Diligence Period, unless Buyer can obtain a written extension from Seller. SELLER IS NC
OBLIGATED TO GRANT AN EXTENSION. Although Buyer may continue to investigate the Property following the expirati
of the Due Diligence Period,Buyer's failure to deliver a Termination Notice to Seller prior to the expiration of the Due Diligen
Period will constitute a waiver by Buyer of any right to terminate this Contract based on any matter relating to Buyer's D
Diligence. Provided however, following the Due Diligence Period,Buyer may still exercise a right to terminate if Seller fails
materially comply with any of Seller's obligations under paragraph 6 of this Contract or for any other reason permitted under 1
terms of this Contract or North Carolina law.
(a) Loan:Buyer,at Buyer's expense,shall be entitled to pursue qualification far 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 cons
with Buyer's lender prior to signing this offer to assure that the Due Diligence Period allows sufficient time for the appraisal to
completed and for Buyer's !ender to provide Buyer sufficient information to decide whether to proceed with or terminate
transaction.
th\ Prnnvrtv Invetipation: Buyer or Buyer's agents or representatives, at Buyer's expense, shall be entitled to conduct

in Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
Envelope ID:FE83C162-5AD3-419A-AC69-D38F3CBF8064
Envelope ID:4101B11C-9736-41F1-8D52-E4442DC1B74E
(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,rule or regulation that may prohibit,restrict or limit Buyer's intended use.
(ii) Septic/Sewer System: Any applicable investigation(s)to determine:(l)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 Department for a suitable ground absorption sewage system.
(iii)Water:Any applicable investigation(s)to determine:(I)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-T) provided by Seller prior to signing this 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.
(viii) Flood Hazard: Investigation of potential flood hazards on the Property, and/or any requirement to purchase floor
insurance in order to obtain the Loan.
(ix) Utilities 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 othe
street/road used to access the Property,including: (1)whether any street(s)/road(s)are public or private,(2)whether an;
street(s)/road(s) designated as public are accepted for maintenance by the State of NC or any municipality, or(3) i
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 th
Statute,a buyer must be provided a subdivision streets disclosure statement prior to entering into an agreement to bu
subdivided property described in the Statute. If Buyer or Seller are uncertain whether the sale of the Property describe
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 sale/lease
closing of other property owned by Buyer.Therefore,if Buyer must sell or lease other real property in order to quail
for a new loan or to otherwise complete the purchase of the Property, Buyer should seek to close on Buyer's oth
property prior to the end of the Due Diligence Period or be reasonably satisfied that closing on Buyer's other proper
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 Proper
resulting from any activities of Buyer and Buyer's agents and contractors, but Buyer shall not be responsible for any dama
caused by accepted practices applicable to any N.C. licensed professional performing reasonable appraisals, tests, survey
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 toss,damage,claims,suits or costs,which shall arise
of any contract, agreement, or injury to any person or property as a result of any activities of Buyer and Buyer's agents a
contractors relating to the Property except for any loss,damage,claim, suit or cost arising out of pre-existing conditions of 1
Pm,,erty andlnr oot of Seller's neslizenco or willful acts or omissions. This indemnity shall survive this Contract and a
termination hereof.
. . . ... . hQ.,P t►,P rioht to terminate this Contract for any reason or no reason,by deliver]

gn Envelope ID: 1810F571-8B08-40CD-975E-C362651E8E5A
n Envelope ID:FE83C162-5AD3-419A-AC69-D38F3CBF8064
:Envelope ID:4101811C-8736-41F1-8D52-E4442DC1874E
(f) CLOSING SHALL CONSTITUTE ACCEFI'ANCE OF THE PROPERTY IN ITS THEN EXISTING CONDITION
UNLESS PROVISION IS OTHERWISE MADE IN WRITING.
BUYER REPRESENTATIONS:
(a) Loan:Buyer []does El 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: ❑Conventional ❑Other loan at a
0FixedRate (]Adjustable Rate in the principal amount of for a term of year(s),at
an initial interest rate not to exceed %per annum(the "Loan").
NOTE: Buyer's obligation tinder this Contract are not conditioned upon obtaining or closing any loan.
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 Property without the necessity of obtaining a new loan.
(b) Other Property:Buyer ❑DOES ❑X DOES NOT have to sell or lease other real property in order to quality for a new loan
or to complete the purchase.(Complete the following only if Buyer DOES have to sell or lease other real property:)
Other Property Address: __
til(Check Jf applicable)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. (Bayer may mark out any confidential information, such as the
purchase price and the buyer's identity, 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 TC
OBTAIN AND REVIEW THE CONTRACT ON BUYER'S PROPERTY PRIOR TO ACCEPTING THIS OFFER.
(Check if applicable)Buyer's other property IS NOT under contract as of the date of this offer.Buyer's property(check only
ONF,of the following options):
is listed with and actively marketed by a licensed real estate broker.
will be listed 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 sale/lease or closing of Buyer's other property. If the parties agree to mak
this Contract conditioned on a sale/lease or closing of Buyer's other property, an appropriate contingency addendum should b
drafted by a North Carolina real estate attorney and added to this Contract.
(c) Performance of Buyer's Financial Obligations: To the hest of Buyer's knowledge, there are no other circumstances c
conditions existing as of the date of this offer that would prohibit Buyer from performing Buyer's financial obligations i
accordance with this Contract,except as maybe specifically set forth herein.
. 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
owners'association for providing information required by Buyer's lender, _
(ii)charges required by an owners'association declaration to be paid by Buyer for Buyer's future use and enjoyment
the Property,including,without limitation,working capital contributions,membership fees,or charges for Buyer's use
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 a
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
soKi_,,,...t.
(c) Authorization to Disclose Information: Buyer authorizes the Buyer's lender(s),the parties' real estate agent(s)and closi
...,........•r() ."nrn.,:rie th;c Contract to any anoraiser employed by Buyer or by Buyer's lender(s);and(2)to release and disci(

In Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
i Envelope ID:FE83C162-5AD3-419A-AC69-038F3CBF8064
Envelope ID;4101 BI 1 C-9736-41 F 1-8D52-E4442DC1874E
SELLER REPRESENTATIONS:
(a) Ownership:Seller represents that Seller:
X 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 t e,te Clare Care not any Proposed Special Assessments.If any Proposed
Special Assessments,identify: HiM•
Seller warrants that there I are Dare 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'Association(s)and Dues:To best of Seller's knowledge,ownership of the Property ❑subjects does 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 Buyer's enjoyment thereof, including but not limited to obligations to pay
regular assessments(dues) and Special Assessments. If there is an owners' association,then an Owners' Association Disclosure and
Addendum For Properties Exempt from Residential Property Disclosure Statement (Standard Form 2Al2-T) 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 attached hereto has been installed, which representation survives Closing, but makes no furthei
representations as to the system.
(e) Private Drinking Water Welt Permit:( Applicable UNot Applicable)Seller warrants that a private drinking water wel
has been installed,which representation survives Closing, but makes no further representations as to the well. (If well installer
alter July1,2008,attach Improvement Permit hereto.)
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 policle:
attorney's 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 lender(s
regarding any security interest in the Property as soon as reasonably possible after the Effective Date,and Seller designate
the closing attorney as Seller's agent with express authority to request and obtain on Seller's behalf payoff statements and/c
short-pay statements from any such lender(s).
(iii) If Seller is not a foreign person as defined by the Foreign Investment in Real Property Tax Act,Seller shalt also provid
to the closing attorney a non-foreign status affidavit(pursuant to the Foreign Investment in Real Property Tax Act). In tl-.
event Seller shall not provide a non-foreign status affidavit, Seller acknowledges that there maybe withholding as provide
by the Internal Revenue Code,
(b) Authorization to Disclose Information: Seller authorizes: (1) any attorney presently or previously representing Seller
release and disclose any title insurance policy in such attorney's file to Buyer and both Buyer's and Seller's agents and attorney
(2)the Property's title insurer or its agent to release and disclose all materials in the Property's title insurer's (or title insure]
agent's)file to Buyer and both Buyer's and Seller's agents and attorneys,and (3)the closing attorney to release and disclose at
seller's closing disclosure, settlement statement and/or disbursement summary, or any information therein, to the parties to th
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 1
Buyer, including, but not limited to, allowing the Buyer and/or Buyer's agents or representatives an opportunity to (i) conch
Due Diligence, (ii)verify the satisfactory completion of negotiated repairs/improvements, and (iii) conduct a final walk-throu;
inspection of the Property. Seller's obligation includes providing existing utilities operating at Seller's cost including a
connections and dewrntenzing. To me extent applicant:, 3cticr shaft also be responsible for rirncly cicadas that portion of t
Property required by the County to perform tests,inspections and/or evaluations to determine the suitability of the Property for

In Envelope ID. 1810F571-8B08-40CD-975E-C362B51E8E5A
Envelope ID:FE83C162-5AD3-419A-AC69-D38F3GBF8064
Envelope ID:4101811 C-9738-41 F1-8D52-E4442DC1874E
(d) Removal of SeIler'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: Seiler shall furnish at Settlement an affidavit(s) and indemnification
agreement(s) in form satisfactory to Buyer and Buyer's title insurer,if any, executed by Seller and any person or entity who has
performed or furnished labor, services, materials or rental equipment to the Property within 120 days prior 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 lender(s)and Buyer's title insurer against all loss
from any cause or claim arising there 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 the 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 Title,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 Perioc
does not relieve the Seller of their obligation to deliver good title under this paragraph.
NOTE: If any sale of the Property may be a"short sale," consideration should be given to attaching a Short Sale Addendtur
(Standard Form 2A14-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':
obligations under this Contract, and for state and county excise taxes, and any deferred,discounted or rollback taxes,and loca
conveyance fees required by law-The deed is to be made to: Dougtas M.Gay and Elizabeth Gay
(i) Agreement to Pay Buyer Expenses: Seller shall pay at Settlement S na toward any of Buyer'
expenses associated with the purchase of the Property, at the discretion of Buyer and/or lender, if any, including any FFIANE
lender and inspection costs that Buyer is not permitted to pay.
(j) Owners' Association Fees/Charges: Seller shall pay: (i) any fees required for confirming Seller's account paymer
information on owners'association dues or assessments for payment or proration;(ii)any fees imposed by an owners'associatio
and/or a management company as agent of the owners' association in connection with the transaction contemplated by th
Contract other than those fees required to be paid by Buyer under paragraph 4(b) above; and (iii) fees incurred by Seller i
completing the Residential Property and Owners' Association Disclosure Statement, and resale or other certificates related to
proposed sale of the Property.
(k) Payment of Confirmed Special Assessments: Seller shall pay, in fill at Settlement, all Confirmed Special Assessment
whether payable in a lump sum or future installments, provided that the amount thereof can be reasonably determined
estimated,The payment of such estimated amount shall be the final payment between the Parties.
(1) Late Listing Penalties:All property tax late listing penalties,if any,shall be paid by Seiler.
(m) Owners' Association Disclosure and Condominium Resale Statement Addendum (Standard Form 2A l2-T):
applicable,Seller shall provide the completed Owners'Association Disclosure and Condominium Resale Statement Addendum
Buyer on or before the Effective Date.
(n) Seller's Failure to Comply or Breach: if Sol tor fails to mate.-:..11y ootnply wit!, any of Seller's obligations under 5
Paragraph 6 or Seller materially breaches this Contract, and Buyer elects to terminate this Contract as a result of such failure
.. .-. _ ___3 .>__ rti_- r':1: Run v.. o...l Cn11"r cl,all wi11,11.1,

3n Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
1 Envelope ID:FE83C162-5AD3-419A-AC69-D38F3CBF8064
t Envelope ID:4101 B11 C-9738-41 F 1-8D52-E4442DC1874E
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 Buyer's Due Diligence,the prevailing party in the proceeding
shall be entitled to recover from the non-prevailing party reasonable attorney fees and court costs incurred in connection with the
proceeding.
PROBATIONS AND ADJUSTMENTS: Unless otherwise provided, the following items shall be prorated, with Seller
ponsible 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 goverunental service fees levied with such taxes on real property
shall be prorated on a calendar year basis; •
(b) Rents:Rents,if any,for the Property;
(c) Dues:Owners'association regular assessments(dues)and other like charges.
RISK OF LOSS/CONDITION OF PROPERTY AT CLOSING: The risk of loss or damage by fire or other casualty prior to
using shall be upon Seller.Seller is advised not to cancel existing insurance on the Property until after confirming recordation of the
ed.
ryer's obligation to complete the transaction contemplated by this Contract shall be contingent upon the Property being in
bstantially the same or better condition at Closing as on the date of this offer,reasonable wear and tear excepted.If the Property i;
t in substantially the same or better condition at Closing as on the date of this offer, reasonable wear and tear excepted,Buyer ma)
•urinate this Contract by written notice delivered to Seller and the Earnest Money Deposit shall be refunded to Buyer.If the Propert)
not in such condition and Buyer does NOT elect to terminate this Contract, Buyer shall be entitled to receive, in addition to the
operty,the proceeds of any insurance claim filed by Seller on account of any damage or destruction to the Property.
DELAY IN SETTLEMENT/CLOSING: Absent agreement to the contrary in this Contract or any subsequent modiflcatiot
ereto,if a party is unable to complete Settlement by the Settlement Date but intends to complete the transaction and is acting in goo(
ith and with reasonable diligence to proceed to Settlement ("Delaying Party"), and if the other party is ready, willing and able t(
>mplete Settlement on the Settlement Date("Non-Delaying Party")then the Delaying Party shall give as much notice as possible ti
e Non-Delaying Party and closing attorney and shall be entitled to a delay in Settlement. If the parties fail to complete Settlemen
>d Closing within fourteen (14) days of the Settlement Date (including any amended Settlement Date agreed to in writing by tit
'sties) or to otherwise extend the Settlement Date by written agreement, then the Delaying Party shall be in breach and the Non
,elaying Party may terminate this Contract and shall be entitled to enforce any remedies available to such party under this Contra(
>r the breach.
0. POSSESSION: Unless otherwise provided herein, possession, including all means of access to the Property (keys, code
'eluding security codes, gate openers, electronic devices, etc.) shall be delivered at Closing as defined in Paragraph 1(m). N
Iterations,excavations,tree or vegetation removal or other such activities may be done before possession is delivered.
I. ADDENDA: CHECK ALL STANDARD ADDENDA THAT MAY BE A PART OF THIS CONTRACT, IF ANY, AN
tTTACH HERETO.ITEMIZE ALL OTHER ADDENDA TO THIS CONTRACT,IF ANY,AND ATTACEI HERETO.
Additional Provisions Addendum(Form 2A I I-T)1
Additional Signatures Addendum(Form 3-T)
❑ Owners' Association Disclosure And Addendum F
Properties Exempt from Residential Property Disclosu
Back-Up Contract Addendum(Form 2A1-T)
Statement(Form 2A 12-T)
Loan Assumption Addendum(Form 2A6-T) Seller Financing Addendum(Form 2A5-T)
Short Sale Addendum(Form 2A 14-T)
J Identify other attorney or party drafted addenda:
NOTE: UNDER NORTH CAROLINA LAW, REAL ESTATE BROKERS ARE NOT FERMI i i LSD TO DRAFT ADDENDA 1
THIS CONTRACT.
12. ASSIGNMENTS: This Contract may not he assigned without the written consent of ail parties except in connection wit-
tax-deferred exchange, but if assigned by agreement, then this Contract shall be binding on the assignee and assignee's heirs a
successors.
l3. TAX-DEFERRED EXCHANGE: In the event Buyer or Seller desires to ettect a tax-deferred exchange in connection wan I
of the Prnnertv never and Seller aeree to cooperate in effecting such exchange; provided, however,that the exchangi

n Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
Envelope ID:FE83C162-5AD3-419A-AC69-D38F3CBF8064
Envelope ID:4101611C-9736-41F1-8D52-E4442DC1B74E
uments,including assignment of this Contract in connection therewith,at no cost to the non-exchanging party,as shall be required
lye effect to this provision.
PARTIES: This Contract shall be binding upon and shall inure to the benefit of Buyer and Seller and their respective heirs,
cessors and assigns. As used herein, words in the singular include the plural and the masculine includes the feminine and neuter
ders,as appropriate.
SURVIVAL:If any provision herein contained which by its nature and effect is required to be observed,kept or performed after
Closing,it shall survive the Closing and remain binding upon and for the benefit of the parties hereto until fully observed,kept or
formed.
ENTIRE AGREEMENT: This Contract contains the entire agreement of the parties and there are no representations,
ucements or other provisions other than those expressed herein. All changes,additions or deletions hereto must be in writing and
tied by all parties.Nothing contained herein shall alter any agreement between a REALTORS or broker and Seller or Buyer as
stained in any listing agreement,buyer agency agreement,or any other agency agreement between them.
CONDUCT OF TRANSACTION: The parties agree that any action between them relating to the transaction contemplated by
s Contract may be conducted by electronic means, including the signing of this Contract by one or more of them and any notice or
nrnunication given in connection with this Contract. Any written notice or communication may be transmitted to any mailing
dress,e-mail address or fax number set forth in the"Notice Information" section below.Any notice or communication to be giver
a party herein,any any fee,deposit of other payment to be delivered to a party herein, may be given to the party or to such party':
ent. Seller and Buyer agree that the "Notice Information" and"Acknowledgment of Receipt of Monies" sections below shall no
nstitute a material part of this Contract, and that the addition or modification of any information therein shall not constitute
ection of an offer or the creation of a counter offer.
EXECUTION: This Contract may be signed in multiple originals or cotmterpatts, all of which together constitute one and th
me instrument.
►. COMPUTATION OF DAYS/TIME OF DAY: Unless otherwise provided,for purposes of this Contract,the term"days" shal
can consecutive calendar days, including Saturdays, Sundays, and holidays, whether federal, state, local or religious. For th
rposes of calculating days,the count of"days" shall begin on the day following the day upon which any act or notice as provided i
is 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 i
e State of North Carolina.
HE NORTH CAROLINA ASSOCIATION OF REALTORS®, INC. AND THE NORTH CAROLINA BAR ASSOCIATIO'.
FAKE NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM r
.NY SPECIFIC TRANSACTION. IF YOU DO NOT UNDERSTAND THIS FORM OR FEEL THAT IT DOES NOT PROVID
OR YOUR LEGAL NEEDS,YOU SHOULD CONSULT A NORTH CAROLINA REAL ESTATE ATTORNEY BEFORE YO
ION IT.
'his offer shall become a binding contract on the Effective Date. Unless specifically provided otherwise, Buyer's failure to time
ieliver any fee,deposit or other payment provided for herein shall not prevent this offer from becoming a binding contract,provide
hat any such failure shall give Seller certain rights to terminate the contract as described herein oo as otherwise e permitted by law.
6/10/2020 Date: , t 1y
0
)ate: „�,...a..: T"
f,� Seller - e YEc
3uye4tCay
�. `•""7 47 sv6 taFfir 51'c+ @• 0{' I'11Stnx
Date: Date.
Buyer' fii0)e1 t{{.. aedi Seller DS p DS
`g1iinef14` ay ors-Geseek `G n 6/1
Entity Buyer: Entity Seller. 111 t/
6/11/2020
(Name of LLC/Corporation/Partnership/Trustletc.) (Name of LLC/Corporation/PartnetshiplTrustletc.)
By: By:

In Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
n Envelope ID:FE83C162-5AD3-419A-AC69-D38F3CBF8064
i Envelope l0:4101B11C-9736-41F1-8O52-E4442DC1B74E
WIRE FRAUD WARNING
BUYERS:BEFORE SENDING ANY WIRE,YOU SHOULD CALL THE CLOSING ATTORNEY'S OFFICE TO VERIFY THE
STRUCTIONS. IF YOU RECEIVE WIRING INSTRUCTIONS FOR A DIFFERENT BANK, BRANCH LOCATION,
:COUNT NAME OR ACCOUNT NUMBER,THEY SHOULD BE PRESUMED FRAUDULENT.DO NOT SEND ANY FUNDS
ID CONTACT THE CLOSING ATTORNEY'S OFFICE IMMEDIATELY.
SELLERS: IF YOUR PROCEEDS WILL BE WIRED, IT IS RECOMMENDED THAT YOU PROVIDE WIRING
STRUCTIONS AT CLOSING IN WRITING IN THE PRESENCE OF THE ATTORNEY. IF YOU ARE UNABLE TO ATTEND
,OSLNG,YOU MAY BE REQUIRED TO SEND AN ORIGINAL NOTARIZED DIRECTIVE TO THE CLOSING ATTORNEY'S
FICE CONTAINING THE WIRING INSTRUCTIONS.THIS MAY BE SENT WITH THE DEED, LIEN WAIVER AND TAX
)RMS IF THOSE DOCUMENTS ARE BEING PREPARED FOR YOU BY THE CLOSING ATTORNEY. AT A MINIMUM,
)U SHOULD CALL THE CLOSING ATTORNEY'S OFFICE TO PROVIDE THE WIRE INSTRUCTIONS. THE WIRE
STRUCTIONS SHOULD BE VERIFIED OVER THE TELEPHONE VIA A CALL TO YOU INITIATED BY THE CLOSING
I'TORNEY'S OFFICE TO ENSURE THAT TIIEY ARE NOT PROM A FRAUDULENT SOURCE.
HETHER YOU ARE A BUYER OR A SELLER, YOU SHOULD CALL THE CLOSING ATTORNEY'S OFFICE AT A
TIMBER THAT IS INDEPENDENTLY OBTAINED.TO ENSURE THAT YOUR CONTACT IS LEGITIMATE,YOU SHOULL
DT RELY ON A PHONE NUMBER IN AN EMAIL FROM THE CLOSING ATTORNEY'S OFFICE, YOUR REAL ESTATI
3ENT OR ANYONE ELSE.
[THIS SPACE 1N rr.'NTIONALLY LEFT BLANK]

in Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
n Envelope ID:FE83C162-5AD3-419A-AC69-D38F3CBF8064
Envelope ID 4101B11C-9736-41F1-8D52-E4442DC1B74E
NOTICE INFORMATION
ITE: INSERT AT LEAST ONE ADDRESS AND/OR ELECTRONIC DELIVERY ADDRESS EACH PARTY AND AGENT
PROVES FOR THE RECEIPT OF' ANY NOTICE CONTEMPLATED BY THIS CONTRACT. INSERT "N/A" FOR ANY
-ITCH ARE NOT APPROVED.
IYER NOTICE ADDRESS: SELLER NOTICE ADDRESS:
ailing Address: Mailing Address:
yer Fax#: Seller Fax#:
ryer E-mail: Seller E-mail:
CONFIRMATION OF AGENCY/NOTICE ADDRESSES
(ling Firm Name: Intracoastal Realty Listing Firm Name:Blue Coast Realty
sting as EX Buyer's Agent Seller's(sub)Agent[_]Dual Agent Acting as El Seller's Agent Q Dual Agent
rm License#:C2062 Firm License#:C21662
ailing Address:523 Causeway Dr,Wrightsville Beach, Mailing Address:
C 28480-1904
dividual Selling Agent:Vance Young Individual Listing Agent: Beverly Femia
j Acting as a Designated Dual Agent(check only if applicable) Acting as a Designated Dual Agent(check only if applicable)
;/ling Agent License#:245851 ._ Listing Agent License#:230357
:fling Agent Phone#:[phone] Listing Agent Phone#:[phone]
elling Agent Fax/#: Listing Agent Fax#:
citing Agent E-mail: vanceyoungga intracoastaJrealty.com Listing Agent E-mail: BevAcoastalarealiving.cora
[THIS SPACE INTENTIONALLY LEFT BLANK]

In Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
Envelope ID:FE83C162-5AD3-419A-AC69-038F3CBF8064
i Envelope ID:4101B11C-9738-41F1-8D52-E4442DC1874E
ACKNOWLEDGMENT OF RECEIPT OF MONIES
ler:Milton Gerock Sr.,Agnes Gerock ("Seller")
yer:Douglas M.Gay,Elizabeth Gay ("Buyer")
,perry Address:2062 Scotts Hill Loop Road,Wilmington, 28411 ("Property")
LISTING AGENT ACKNOWLEDGMENT OF RECEIPT OF DUE DILIGENCE FEE
ragraph 1(d)of the Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the payment
Seller of a Due Diligence Fee in the amount of$ ,receipt of which Listing Agent hereby acknowledges.
Firm: Blue Coast Realty
By:
(Signature)
Beverly Femia
(Print name)
'SELLER ACKNOWLEDGMENT OF RECEIPT OF DUE DILIGENCE FEE
iragraph 1(d)of the Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the paymen
Seller of a Due Diligence Fee in the amount of$ ,receipt of which Seller hereby acknowledges.
ate: Seller:
(Signature)
Milton Gerock Sr.
ate: Seller.
(Signature)
Agnes Gerock
]ESCROW AGENT ACKNOWLEDGMENT OR RECEIPT OF'INITIAL EARNEST MONEY DEPOSIT
aragraph 1(d)of the Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the paymei
Escrow Agent of an Initial Earnest Money Deposit in the amount of$ . Escrow Agent as identified i
aragraph 1(f)of the Offer to Purchase and Contract hereby acknowledges receipt of the Initial Earnest Money Deposit and agrees i
old and disburse the same in accordance with the terms of the Offer to Purchase and Contract.
Tate: Firm: Intracoastal Realty
By:
(Signature)
(Print name)
]ESCROW AGENT ACKNOWLEDGMENT OF RECEIPT OF(ADDITIONAL)EARNEST MONEY DEPOSIT
'aragraph 1(d)of the Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the payme
o Escrow Agent of an(Additional)Earnest Money Deposit in the amount of$ .Escrow Agent as identifi
n Paragraph 1(f)of the Offer to Purchase and Contract hereby acknowledges receipt of the(Additional)Earnest Money Deposit a
agrees to hold and disburse the same in accordance with the terms of the Offer to Purchase and Contract.
Date: Firm: Intracoastal Realty
1,me: El AM, DM By:
(Signature)

in Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
i Envelope ID:FE83C1625AD3-419A-AC69-D38F3CBF8064
r—DS
OWNERS'ASSOCIATION DISCLOSURE AND CONDOMINIUM RESALE STATEMENT ADDENDUM
NOTE:For condominium resalca or when Residential Property and Owner's Association Disclosure Statement is
not required(For example:New Construction,Vacant Lot/Land)or by agreement of the parties.
0204,2.
>perty: -' Scotts Hill Loop Rd,Wilmington,North Carolina 28411
yes:
ter:Estate of Agnes Carroll.Gerock
is Addendum is attached to and made a part of the Offer to Purchase and Contract("Contract")between Buyer and Seller for the
apetty
a the purposes of this Addeudtnn, ".Development"means any planned community or condominium project, as defined by North
trolina law,which is subject to regulation and assessment by an owners'association.
ny representations made by Seller in this Addendum are true to the best of Seller's knowledge, and copies of any documents
uvided by Seller are true copies misting to the Development, to the best of Seder's knowledge. Except with regard to Confirmed
pecial Assessments,Seller does not warrant the accuracy,completeness,or present applicability of any representation or documents
uvided by Seller,and Buyer is advised to have all information confirmed and any documents substantiated during the Duo Diligence
eriod.
Seller represents to Buyer that the Property is subject to the following owners'association(s)(insert N/A into any blank that does
of apply): whose regular assessment
(specify name): N/A
("dues")are$ per .The name,address and telephone number of the president of the owners
association or the association manager are:
Owners'association website address,if any: •
El (specify name): N/A whose regular assessment
("dues")arc S per .The name,address and telephone number of the president of the owner
association or the association manager are. -Owners'association website address,if any:
2. Seller represents to Buyer that the following services and amenities arc paid for by the above owners' association(s) from ti
regular assessments("dues"): (Check all that apply)
DO Master Insurance Policy Including All Units Street Lights
Real Property Taxes on the Common Areas WaterSewer
0Casualby/Liability Insurance on Common Areas Private Road Maintenance
Management Fees Parking Area Maintenance
Exterior Building Maintenance Common Areas Maintenance
Exterior Yard/Landscaping Maintenance Cable
Trash Removal Internet service
Pest Treatment/Extermination Storm Water ManagemenilDrainage/Potlds
0 Legal/Accounting Gate and/or Security
0 Reorsatinnel Amenities(SPwcif0: _ _,.. -----•---- —
r-t nrl,ar(cnnrifv)

In Envelope ID: 1810F571-8B08-40CD-975E-C362B51E8E5A
i Envelope ID:FE83C162-5AD3-419A-AC69-D38F3CBF8064
•
•
Other(specify)
As of this date, there are no other dues, fees or Special Assessments, Confirmed or Proposed, payable by the DeveIopment's
perty owners,except:
•
As of this date,there are no tmsatislied judgments against or pending lawsuits involving the Property,the Development and/or the
iers'association,except:
The fees charged by the owners'association or management company in connection with the transfer of Property to a new owner
tuding but not limited to document preparation,move in/move out fees,preparation of insurance documents,statement of unpaid
tssments,and transfer fees)are as follows:
•
Seller authorizes and directs any owners' association, any management company of the owners' association, any insurance
irpany and any attorney who has previously represented the Seller to release to Buyer, Buyer's agents, representative, closing
)mey or lender tree and accurate copies of the following items affecting the Property,including any amendments:
• Seller's statement of account
• master insurance policy showing the coverage provided and the deductible amount
• Declaration and Restrictive Covenants
• Rules and Regulations
• Articles of Incorporation
• Bylaws of the owners'association
• current financial statement and budget of the owners'association
• parking restrictions and information
• architectural guidelines
a parties have read,understand and accept the terms of this Addendum as a part of the Contract.
THE EVENT OP A CONFLICT BETWEEN THIS ADDENDUM AND THE CONTRACT, THIS ADDENDUM SHALL
NTROL,EXCEPT THAT IN THE CASE OF SUCH A CONFLICT AS TO THE DESCRIPTION OF THE PROPERTY OR THE
ENTITY OF THE BUYER OR SELLER,THE CONTRACT SHALL CONTROL.
IE NORTH CAROLINA ASSOCIATION OF REALTORS®, INC. AND THE NORTH CAROLTNA BAR ASSOCIATION
4.KE NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN
1Y SPECIFIC TRANSACTION. IF YOU DO NOT UNDERSTAND THIS FORM OR FEEL THAT IT DOES NOT PROVIDE
IR YOUR LEGAL NEEDS,YOU SHOULD CONSULT A NORTH CAROLINA REAL ESTATE ATTORNEY BEFORE YOU
3N IT. drwi
a L7
6/11/2020
p—DocuSigned by: Date:
iyer: Poiltat.S n'(. io Seiler. S-
�D100945FF2EC42E... f ate of Agnes Carroll Gerack
ate: y: — 6/11/2020 Date:
wet: ___;_7 _ ut
Seller:
``.''111339 8_885883840045 .
itity Buyer: Entity Seller.
lame of LLC/CorporationlPartnerahip/Trust/eto.) (Name of LLC/Corporation/Partnership/Trust/eto.)
By:
Print Name Print Name

onacx
Date Reealwd Date DatumNed Check From(Nero) Name of Permit Holder Vendor Cheek Number amount Permit Number/Comments
i
Cofumnl Cokem2 Column3 Column/ L Column!'. Column6 Column? Cabana
8/24/2020 Douglas and Elizabeth Gay Douglas Gay First Bank 1223 $ 200.00 GP#77824D
8/24/2020 James and G.Kathleen Urso same Wells Fargo 998 $ 400.00 GP#71875D
8/24/2020 Coastal Marine Piers Bulkheads LLC Charles Cavavati Wells Fargo 23491 $ 200.00'GP#78587D
8/24/2020 Carolina Bluewater Construction,Inc. Kevin and Lisa Armstrong ;BB&T 22793.$ 600.00 GP#77843D