P&P Land Development 79597C

❑DAMA / ❑ DREDGE & FILL N9 79597 A B C D
GENERAL PERMIT Previous permit#
❑New ❑Modification El Complete Reissue ❑Partial Reissue Date previous permit issued
As authorized by the State of North Carolina, Department of Environmental Quality / 0
and the Coastal Resources Commission in an area of environmental concern pursuant to 15A NCAC �/
/ ❑ Rules attached.
Applicant Name , ('�GJ� j i if'v �� p�' / Project Location: County { �' Y y
Address `') ` �.�[� / Street Address/ State Road/ Lot #(s)
City±T _ State/V( ZIP
Phone # ( ) _s /� -Mail Subdivision
f � /
Authorized Agent ; C City ZIP
❑ CW ❑ EW ❑ PTA ❑ ES ❑ PTS Phone # I(—) River Basin
Affected ❑ OEA ❑ HHF ❑ IH ❑ UBA ❑ N/A
AEC(s): Adj. Wtr. Body i (nat /man /unkn)
❑ PWS:
ORW: yes / no PNA yes / no Closest Maj. Wtr. Body
Type of Project/ Activity
(Scale:;_ )
Pier (dock) length
Fixed Platform(s)
Floating Platform(s)
Finger pier(s)
Groin length
number
Bulkhead/ Riprap length
avg distance offshore
max distance offshore
Basin, channel
cubic yards
Boat ramp
i
I
Boathouse/ Boatlift � _...-
— i- ..... - -
- —
:
:
— .
:
I
Beach Bulldozing
Other-
:
i
I
Shoreline Length
h -
i
SAV: not sure yes no/
Moratorium:
............ .... _... .. - - 1 _ ....... _
—
— -
n/a yes not
Photos: yes no
— - Y-
i t
- — — — - -
Waiver Attached: yes no -=
A building permit may be required by:
❑ See note on back regarding River Basin rules.
( Note Local Planning jurisdiction)
Notes/ Special Conditions
Agent or Applicant Printed Name
Signature ** Please read compliance statement on backof permit
�WV
Application Fee(s) Check #
PermitOfficer's Printed Name
Signature
Issuing Date
Expiration Date

Statement of Compliance and Consistency
This permit is subject to compliance with this application, site drawing and attached general and specific conditions. Any
violation of these terms may subject the permittee to a fine or criminal or civil action; and may cause the permit to become
null and void.
This permit must be on the project site and accessible to the permit officer when the project is inspected for compliance. The
applicant certifies by signing this permit that 1) prior to undertaking any activities authorized by this permit, the applicant will
confer with appropriate local authorities to confirm that this project is consistent with the local land use plan and all local
ordinances, and 2) a written statement or certified mail return receipt has been obtained from the adjacent riparian
landowner(s) .
The State of North Carolina and the Division of Coastal Management, in issuing this permit under the best available
information and belief, certify that this project is consistent with the North Carolina Coastal Management Program.
River Basin Rules Applicable To Your Project:
❑ Tar - Pamlico River Basin Buffer Rules ❑ Other:
❑ Neuse River Basin Buffer Rules
If indicated on front of permit, your project is subject to the Environmental Management Commission's Buffer Rules for the
River Basin checked above due to its location within that River Basin. These buffer rules are enforced by the NC Division of
Water Resources. Contact the Division of Water Resources at the Washington Regional Office (252-946-6481) or the
Wilmington Regional Office (910-796-7215) for more information on howto complywith these buffer rules.
Division of Coastal Management Offices
Morehead City Headquarters Washington District
400 Commerce Ave 943 Washington Square Mall
Morehead City, NC 28557 Washington, NC 27889
252-808-2808/ 1-888-4RCOAST 252-946-6481
Fax: [phone] Fax: [phone]
(Serves: Carteret, Craven, Onslow - (Serves: Beaufort, Bertie, Hertford, Hyde,
North of New River Inlet- and Pamlico Tyrrell and Washington Counties)
Counties)
Elizabeth City District
401 S. Griffin St.
Ste. 300
Elizabeth City, NC 27909
252-264-3901
Fax: [phone]
(Serves: Camden, Chowan, Currituck,
Dare, Gates, Pasquotank and Perquimans
Counties)
Wilmington District
127 Cardinal Drive Ext.
Wilmington, NC 28405-3845
910-796-7215
Fax: [phone]
(Serves: Brunswick, New Hanover,
Onslow - South of New River Inlet -
and Pender Counties)
http://portal.ncdenr.org/web/cm/dcm-home
Revised 7/06/ 17

Ll CAMA / []DREDGE & FILL N979597 A B C D
r. GENERAL PERMIT Previous permit#
❑New ❑Modification ❑Complete Reissue ❑Partial Reissue Date previous permit issued
As authorized by the State of North Carolina, Department of Environmental Quality
and the Coastal Resources Commission in an area of environmental concern pursuant to 15A NCAC
❑ Rules attached.
Applicant Name :, � f r '�! } `� �j %r �c,,0/1' "' Project Location: County
f
Address ""` Street Address/ State Road/ Lot #(s)
CityState ZIP
Phone # ( ) E-Mail Subdivision
Authorized Agent City - ZIP
Affected ❑ Cw ❑ Ew ❑ PTA ❑ ES ❑ PTS Phone # O River Basin
AEC(s): ❑ OEA ❑ HHF ❑ IH ❑ UBA ❑ N/A Adj. Wtr. Body (nat /man /unkn)
❑ PWS:
ORW: yes / no PNA yes / no Closest Maj. Wtr. Body
Type of Project/ Activity
Pier (dock) lei
Fixed Platforn
Floating Platfc
Finger pier(s)-
Groin length
number
Bulkhead/ Rip
avg dista
max dirt
Basin, channe
cubic ya
Boat ramp
Boathouse/ B,
Beach Bulldo;
Other
Shoreline Len
SAV: n
Moratorium:
Photos:
Waiver Attad
A building p, ,,.11. .., I _1_., . _ -1 .
( Note Local Planning jurisdiction)
Notes/ Special Conditions
x-/
(Scale:,• (,,. )
Agent or Applicant Printed Name PermitOfficer's Printed Name
Signature ** Please read compliances tatement on back of permit" Signature
Application Fee(s) Check # Issuing Date Expiration Date

Statement of Compliance and Consistency
This permit is subject to compliance with this application, site drawing and attached general and specific conditions. Any
violation of these terms may subject the permittee to a fine or criminal or civil action; and may cause the permit to become
null and void.
This permit must be on the project site and accessible to the permit officer when the project is inspected for compliance. The
applicant certifies by signing this permit that 1) prior to undertaking any activities authorized by this permit, the applicant will
confer with appropriate local authorities to confirm that this project is consistent with the local land use plan and all local
ordinances, and 2) a written statement or certified mail return receipt has been obtained from the adjacent riparian
landowner(s) .
The State of North Carolina and the Division of Coastal Management, in issuing this permit under the best available
information and belief, certifythat this project is consistent with the North Carolina Coastal Management Program.
River Basin Rules Applicable To Your Project:
❑ Tar- Pamlico River Basin Buffer Rules ❑ Other:
❑ Neuse River Basin Buffer Rules
If indicated on front of permit, your project is subject to the Environmental Management Commission's Buffer Rules for the
River Basin checked above due to its location within that River Basin. These buffer rules are enforced by the NC Division of
Water Resources. Contact the Division of Water Resources at the Washington Regional Office (252-946-6481) or the
Wilmington Regional Office (910-796-7215) for more information on how to comply with these buffer rules.
Division of Coastal Management Offices
Morehead City Headquarters
400 Commerce Ave
Morehead City, NC 28557
252-808-2808/ I-888-4RCOAST
Fax: [phone]
(Serves: Carteret, Craven, Onslow -
North of New River Inlet- and Pamlico
Counties)
Elizabeth City District
401 S. Griffin St.
Ste. 300
Elizabeth City, NC 27909
252-264-3901
Fax: [phone]
(Serves: Camden, Chowan, Currituck,
Dare, Gates, Pasquotank and Perquimans
Counties)
Washington District
943 Washington Square Mall
Washington, NC 27889
252-946-6481
Fax: [phone]
(Serves: Beaufort, Bertie, Hertford, Hyde,
Tyrrell and Washington Counties)
Wilmington District
127 Cardinal Drive Ext.
Wilmington, NC 28405-3845
910-796-7215
Fax: [phone]
(Serves: Brunswick, New Hanover,
Onslow - South of New River Inlet -
and Pender Counties)
http://portal.ncdenr.org/web/cm/dcm-home
Revised 7/06/ 17

N.C. DIVISION OF COASTAL MANAGEMENT
ADJACENT RIPARIAN PROPERTY OWNER NOTIFICATIONIWAIVER FORM
CERTIFIED MAIL • RETURN RECEIPT REQUESTED or HAND DELIVERY
(Top portion to be completed by owner or their agent)
Name of Property Owner: P AND P LAND DEVELOPMENT
Address of Property: 7304 SOUND DRIVE, EMERALD ISLE, NC 28594
Mailing Address of Owner: PO Box 4580, EMERALD ISLE, NC 28594
[e-mail]
Owner's email: Owner's Phone#:
Agent's Name: ATHAN PARKER, PE
919-796-9594
Agent Phone#: [phone]
Agent's Email: ATHAN . PARKER@AMPDENGINEERING . COM
ADJACENT RIPARIAN PROPERTY OWNER'S CERTIFICATION
(Bottom portion to be completed by the Adjacent Property Owner)
I hereby certify that I own property adjacent to the above referenced property. The individual applying for this
permit has described to me, as shown on the attached drawing, the development they are proposing. A
I DO NOT have objections to this proposal. I DO have objections to this proposal.
If you have objections to what is being proposed, you must notify the N.C. Division of Coastal
Management (DCM) in writing within 10 days of receipt of this notice. Correspondence should be
mailed to 400 Commerce Ave., Morehead City, NC 28557. DCM representatives can also be contacted
at [phone]. No response is considered the same as no objection if you have been notified by
Certified Mail.
WAIVER SECTION
l understand that any proposed pier, dock, mooring pilings, boat ramp, breakwater, boathouse, lift, or
groin must be set back a minimum distance of 15' from my area of riparian access unless waived by me
(this does not apply to bulkheads or riprap revetments). (If you wish to waive the setback, you must sign
the appropriate blank below.)
I DO wish to waive some/all of the 15' setback
-OR-
Signature of Adjacent Riparian Property Owner
I do not wish to waive the 15' setback requirement (initial the blank) _
Signature of Adjacent Riparian Property Owner_
Typed/Printed name of ARPO:
Mailing Address of ARPO: ,7 30
ARPO's email- 16CV')ARPO's Phone#:
Date:*waiver is valid for up to one year from ARPO's Signature*
Revised July 2021

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OFFER TO PURCHASE AND CONTRACT - VACANT LOTILAND
[Consult "Guidelines" (Form 12G) 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 —New
Construction (Form 800-T) or, if the construction is completed, use the Offer to Purchase and Contract (Form 2-T) 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. jo&n0
15(9 (a) "Seller": —T4ww Dreyer
(b) "Buyer"; P & P Land Development Inc., a North Carolina corporation and/or assigns
(c) "Property": 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 2Al I-T) with this offer.
Street Address; 7304
Sound Drive
City: Emerald Isle Zip; 28594
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 21 , Biock/Section A Subdivision/Condominium Archers Point
, as shown on Plat Book/Slide 16 at Page(s) 52
The PIN/PID or other identification number of the Property is; 539418415820000
Other description:
Some or all of the Property may be described in Deed Book 1594 at Page 468
(d) "Purchase Price":
$ 555,000,00
$ 5,000.00
$ 550,000.00
paid in US. Dollars upon the following terms:
BY DUE DILIGENCE FEE made payable and delivered to Seller by the Effective
Date by 0 cash A personal check 0 official bank check ❑ wire transfer
❑ electronic transfer (speck payment service: )
BY INITIAL EARNEST MONEY DEPOSIT made payable and delivered to Escrow
Agent named in Paragraph I(f) by 0 cash O personal check ❑ official bank check
❑ wire transfer, ❑ electronic transfer, EITfMR 0 by the Effective Date OR 0 within
five (5) days of the Effective Date of this Contract.
BY (ADDITIONAL) EARNEST MONEY DEPOSIT made payable and delivered to
Escrow Agent named in Paragraph 1(f) no later than 5 p.m. on
, TIME BEING OF THE ESSENCE by ❑
cash 0 official bank check 0 wire transfer CI electronic transfer
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-T).
BY SELLER FINANCING in accordance with the attached Seller Financing
Addendum (Standard Form 2AS-T).
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 13
This form jointly approved by: STANDARD FORM 12-T
IR
North Carolina Bar Association Revised 7/2021
North Carolina Association of REALTORS®, Inc, 121 b 7/2021
.
aer.rloa® Wm
Buyer initials � Seller initials r.� .OXliv

If the parties agree that Buyer will pay any fee or deposit described above by electronic transfer, Seller agrees to cooperate in effecting
such transfer, including the establishment of any necessary account and providing any necessary information to Buyer, provided,
however, Buyer shall be responsible for additional costs, if any, associated with such transfer.
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, and Seller shall be entitled to recover the Due Diligence Fee together with all Earnest Money Deposit paid or to be paid in
the future. In addition, Seller may be entitled to recover reasonable attorney fees and court costs. See paragraph 20 for a parry's right
to attorneys' fees incurred in collecting the Earnest Money Deposit or Due Diligence Fee.
(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
promptly 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. See paragraph 20 for a party's right to the Earnest Money Deposit, and attorneys'
fees incurred in collecting the Earnest Money Deposit, in the event of breach of this Contract by the other party.
M "Escrow Agent" (insert name): Julie A Parker Attorney at Law PLLC
Buyer and Seller consent to disclosure by the Escrow Agent of any material facts pertaining to the Earnest Money Deposit to the
parties to this transaction, their real estate agent(s) and Buyer's lender(s).
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 ("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 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 MONEY 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 Contract 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"; Buyer's 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 Buyer's sole discretion, will
proceed with or terminate the transaction.
(i) "Due Diligence Fee": A negotiated amount, if any, paid by Buyer to Seiler 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 Contract is terminated under Paragraph 8(n) or as otherwise provided in any addendum hereto. Buyer
and Seller each expressly waive any right that they may have to deny the right to conduct Due 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 purchase and sale of the Property without regard to the existence or amount of
any Due Diligence Fee. See paragraph 23 for a party's right to attorneys' fees incurred in collecting the Due Diligence Fee.
6) "Due Diligence Period": The period beginning on the Effective Date and extending through 5:00 p.m. on
August 1 2021 TIME BEING OF THE ESSENCE.
(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
Page 2 of 13
STANDARD NORM 12-T
Buyer initials Seller initials Revised 7/2021
0712021

(1) "Settlement Date". The parties agree that Settlement will take place on August 20 2021
(the "Settlement Date"), unless otherwise agreed in writing, at a time and place designated by Buyer.
FNOTE: See paragraph 9, DELAY IN SETTLEMENT/CLOSING for conditions under which Settlement maybe delayed,
(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 attomey'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 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 Setttement/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 law
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 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.
(n) "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
of which may be a lien against the Property.
NOTE: Buyer's and Seller's respective responsibilities for the payment of Special Assessments are addressed in paragraphs 4(a)
and 6(k).
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 but
NOT limited to the following:
(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: (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 Department for a suitable ground absorption sewage system.
Page 3 of 13
STANDARD FORM 12-T
Buyer initials Seller initials i Revised 7/2021
b V2021

(iii) 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-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 flood
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 other street/road
used to access the Property, including,: (1) whether any street(s)/road(s) are public or private, (2) whether any
street(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 sale/lease 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.
(xii) Special Assessments: Investigation of the existence of Special Assessments that may be under consideration by a
governmental authority or an owners' association.
(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 arise out of
any contract, agreement, or injury to any person or property as a result of any activities of Buyer and Buyer's 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: Provided that Buyer has delivered any agreed -upon Due Diligence Fee, Buyer shall have the right
to terminate this Contract for any reason or 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), TIME 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.
(f) CLOSING SHALL CONSTITUTE ACCEPTANCE OF THE PROPERTY IN ITS THEN EXISTING CONDITION
UNLESS PROVISION IS OTHERWISE MADE IN WRITING.
Page 4 of 13
Buyer initials Seller initials
STANDARD FORM 12-T
Revised 7/2021
0 7/2021

3. BUYER REPRESENTATIONS:
(a) Funds to complete purchase:
❑ (Check if applicable) Cash. Buyer intends to pay cash in order to purchase the Property and does not intend to obtain a loan or
funds from sources other than Buyer's own assets. Verification of cash available for Settlement is a is not O attached.
NOTE: If Buyer does not intend to obtain a new loan(s) and/or funds from sources other than Buyer's own assets, Seller is advised,
prior to signing this offer, to obtain documentation from Buyer which demonstrates tbat Buyer will be able to close on the Property
without the necessity of obtaining a loan or funds from sources other than Buyer's own assets.
OR:
® (Check if applicable) Loan(s)/Other Funds: Buyer intends to obtain a loan(s) and/or other funds to purchase the Property from
the following sources (check all applicable sources):
Q[ First Mortgage Loan:
Buyer intends to obtain a first mortgage loan of the following type in order to purchase the Property: El Conventional ❑ USDA
tiOther type: ion
in the principal amount of
O Second Mortgage Loan:
Buyer intends to obtain a second mortgage loan of the following type in order to purchase the Property:
Cl Other funds:
Buyer intends to obtain funds from the following other source(s) in order to purchase the Property:
NOTE: Buyer's obligations under this Contract are not conditioned upon obtaining any loan(s) or other funds from sources other
than Buyer's own assets. Some mortgage loan programs and other programs providing funds for the purchase of property selected
by Buyer may impose repair obligations and/or additional conditions or costs upon Seller or Buyer, and more information may be
needed.
Material changes with respect to funding the purchase of the Property that affect the terms of the contract are material facts that
must be disclosed.
(b) Other Property: Buyer ❑ DOES 21 DOES NOT have to sell or lease other real property in order to qualify 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:
❑ (Check if 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_ (Buyer may mark out anyconfidenlial 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 TO OBTAIN AND
REVIEW THE CONTRACT ON BUYER'S PROPERTY PRIOR TO ACCEPTING THIS OFFER.
0 (Check if applicable) Buyer's other property IS NOT under contract as of the date of this offer. Buyer's property (check only
ONE of the following options):
O is listed with and actively marketed by a licensed real estate broker.
O will be listed with and actively marketed by a licensed real estate broker.
n 'M _ t +: enneaoe the BLivpr'� Property without the assistance of a licensed real estate broker.
L.1 Lu�/Vl... ..... .....�
NOTE: This Contracts NOT conditioned upon the sale/lease or closing of Buyer's other property. If the parties agree to make
this Contract conditioned on a sale/lease or closing of Buyers other property, an appropriate contingency addendum should be
drafted by allorth Carolina real estate attorney and added to this Contract,
(c) Performance of Buyer's Financial Obligations: To the best of Buyer's knowledge, there are no other circumstances or
conditions existing as of the date of this offer that would prohibit Buyer from performing Buyer's financial obligations in accordance
with this Contract, except as may be specifically set forth herein.
Page 5 of 13
,{ STANDARD FORM 12-T
Buyer initials Seller initials V V Revised 7/2021
© 7/2021

4. BUYER OBLIGATIONS:
(a) Responsibility for Special Assessments: Buyer shall take title subject to all Special Assessments that may be approved following
Settlement.
(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 Buyer's lender;
(ii) charges required by an owners' association declaration to be paid by Buyer for Buyer's future use and enjoyment of the
Property, including, without limitation, working capital contributions, membership fees, or charges for Buyer's 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 Buyer's lender(s), the parties' real estate agent(s) and closing
attorney: (1) to provide this Contract to any appraiser employed by Buyer or by Buyer's lender(s); and (2) to release and disclose
any buyer'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).
5. SELLER REPRESENTATIONS:
(a) Ownership: Seller represents that Seller:
® 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) Owners' Association(s) and Dues: To best of Seller's knowledge, ownership of the Property 0 subjects M 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.
(c) Sewage System Permit: (0 Applicable M 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 further representations as to the
system.
(d) Private Drinking Water Well Permit: (0 Applicable 0Not 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 July
1, 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,
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 designates
the closing attorney as Seller's agent with express authority to request and obtain on Seller's behalf payoff statements and/or
short -pay statements from any such tander(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 may be withholding as provided
by the Internal Revenue Code.
Page 6 of 13
STANDARD FORM 12-T
Buyer initials CK- Seller initials ' �_ Revised 7/2021
© 7/2021

(b) Authorization to Disclose Information: Seller authorizes: (1) any attorney presently or previously representing Seller to release
and disclose any title insurance policy in such attornoy'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 Property's 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 Properly: Seller shall provide reasonable access to the Property through the earlier of Closing or possession by Buyer,
including, but not limited to, allowingthe Buyer and/or Buyer's agents or representatives an opportunity to (i) conduct Due Diligence,
(ii) verify the satisfactory completion of negotiated repairs/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 de -
winterizing. 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.
NOTE: See WARNING in paragraph 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.
(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: 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 therefrom.
(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 Period
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 Addendum
(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's
obligations under this Contract, and for state and county excise taxes, and any deferred, discounted or rollback taxes, and local
conveyance fees required bylaw. The deed is to be made to: P & P Land Development, Inc and/or assigns
(i) Agreement to Pay Buyer Expenses: Seller shall pay at Settlement $ 0.00 toward any of Buyer's
expenses associated with the purchase of the Property, at the discretion of Buyer and/or lender, if any, including any FHA/VA lender
and inspection costs that Buyer is not permitted to pay.
Page 7 of 13
STANDARD FORM 12-T
Buyer initials4� - Seller initials Revised 7/2021
© 7/2021

0) Owners' Association Fees/Charges: Seller shall pay: (1) 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 We of the Property.
(k) Payment of Special Assessments: Seller shall pay, in full at Settlement, all Special Assessments that are approved prior to
Settlement, 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 final payment between the Parties.
(1) Late Listing Penalties: All property tax late listing penalties, if any, shall be paid by Seller.
(m) Owners' Association Disclosure and Condominium Resale Statement Addendum (Standard Form 2A124): 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 Breach of Contract: See paragraph 20 for Buyer's remedies in the event of breach of this Contract.
7. PRORATIONS AND ADJUSTMENTS: Unless otherwise agreed, the following items shall be prorated, with Seller responsible
for the prorated amounts of any taxes and dues through the date of Settlement, and Seller entitled to the amount of prorated rents
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 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.
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 Seiler. 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: This paragraph shall apply if one party is ready, willing and able to complete Settlement
on the Settlement Date ("Non -Delaying Party") but it is not possible for the other party to complete Settlement by the Settlement Date
("Delaying Party"). In such event, the Delaying Party shall be entitled to a delay in Settlement and shall give as much notice as possible
to the Non-DeIaying Party and closing attorney. If the Delaying Party fails to complete Settlement and Closing within seven (7) days of
the Settlement Date (including any amended Settlement Date agreed to in writing by the parties), then the Delaying Party shall be in
breach and the Non -Delaying Party 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 l(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 OTHER ADDENDA TO THIS CONTRACT, IF ANY, AND ATTACH HERETO.
C3 Additional Provisions Addendum (Form 2A1 I-T) O Owners' Association Disclosure And Condominium Resale
C] Additional Signatures Addendum (Form 3-T) Statement Addendum (Form 2AI2-T)
• Back -Up Contract Addendum (Form 2AI-T) ❑ Seller Financing Addendum (Form 2A5-T)
❑ Loan Assumption Addendum (Form 2A6-T) 0 Short Sale Addendum (Form 2A14-T)
Page 8 of 13
STANDARD FORM 12-T
Revised 712021
Buyer initials Seller initials -- —" ' .t-- Q 7/2021

0 Identify other attorney or party drafted addenda:
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 -DR FERRED EXCHANGE: In the event Buyer or Seller desires to effect a tax -deferred exchange in connection with the
conveyance of the Property, Buyer and Seller 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 non -exchanging party shall
not assume any additional liability with respectvo such tax -deferred exchange. Buyer and Seller shall execute such additional 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 this 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 ACRE,RMENT: 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 RBALTORO or broker and Seiler or Buyer as contained in any
listing agreement, buyer agency agreement, or any other agency agreement between them,
17. CONDUCT OF 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 fee, deposit of other payment to be delivered to a party herein, may be given to the party or to such parry's agent. Delivery
of any notice to a party via means of electronic transmission shall be deemed complete at such time as the sender performs the final act
to send such transmission, in a form capable of being processed by the receiving parry's system, to any electronic address provided for
such party in the "Notice Information" section below. Seller and Buyer agree that the "Notice Information" and "Acknowledgment of
Receipt of Monie$" 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 counteroffer.
18. EXECUTION: This Contract may be signed in multiple originals or counterparts, all of which together constitute one and the some
instrument,
19, COMPUTATION OF DAXS/TIME 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,
20, REMEDIES:
(a) Breach by Buyer: In the event of material breach of this Contract by Buyer, any Eamest Money Deposit shall be paid to Seller.
The payment of any Earnest Money Deposit and any Due Diligence Fee to 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 2(d) and 2(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 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.
Page 9 of 13
STANDARD FORM 12-T
Buyer initials Seller initials Revised 7/2021
© 7/2021

(b) Breach by Seller: In the event of material breach of this Contract by Seller, if Buyer elects to terminate this Contract as a result
of such 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 Buyer's Due Diligence ("Due Diligence Costs"). This
provision shall not affect any other remedies available to Buyer.
(c) Attorneys' Fees: If legal proceedings are brought by Buyer or Seller against the other to collect the Earnest Money Deposit,
Due Diligence Fee, or Due Diligence Costs, the parties agree that a party shall be entitled to recover reasonable attomeys' fees to
the extent permitted under N.C. Gen. Stat. § 6-21.2. The parties acknowledge and agree that the terms of this Contract with respect
to entitlement to the Earnest Money Deposit, Due Diligence Fee, or Due Diligence Costs each constitute an "evidence of
indebtedness" pursuant to N.C. Gen. Stat, § 6-21.2_
NOTE: A party seeking recovery of attorneys' fees under N.C. Gen. Stat. § 6-21.2 must first give written notice to the other
party that they have five (5) days from the mailing of the notice to pay the outstanding amount(s) without the attorneys' fees.
(TIES SPACE INTENTIONALLY LEFT BLANKI
Buyer initials _
Page 10 of 13
Seller initials
STANDARD FORM 12-T
Revised 7/2021
® 7/2021

THE NORTH CAROLINA ASSOCIATION OF REALTORSei, 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: Date:
Buyer; Seller;
Date: Date:
Buyer: Seller:
Entity Buyer;
P & P Land Development Inc. a North Carolina corporation
(Name o w
ration/PartnershiplTrust/etc.)
By:
Name: Athan M. Parker
Print Name
Title: Vice Presi ent
Date; no-d-t�
Entity Seller:
(Name of LLC/Corporation/Partnership/Trust/etc.)
By-,
Name:
Title:
Date:
WIRE FRAUD WARNING
Print Name
TO BUYERS: BEFORE SENDING ANY WIRE, YOU SHOULD CALL THE CLOSING ATTORNEY'S OFFICE TO VERIFY
THE INSTRUCTIONS. IF YOU RECEIVE WIRING 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 BE REQUIRED TO SEND AN ORIGINAL NOTARIZED DIRECTIVE TO THE CLOSING
ATTORNEY'S OFFICE CONTAINING THE WIRING 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 ATTORNEY'S 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,
Page 11 of 13
STANDARD FORM 12-T
Revised 712021
Q 7/2021

NOTICE INFORMATION
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:
SELLER NOTICE ADDRESS:
Mailing Address; PQ Box 4580 Mailing Address:
Emerald Isle NC 28594
Buyer Fax #:
Seller Fax 4'.
Buyer E-mail: amparke4QgMgi1corn Seller E-mail:
CONFIRMATION OF AGENCY/NOTICE ADDRESSES
Selling Firm Name:
Acting as 0 Buyer's Agent Seller's (sub)Agent Cl Dual
Agent
Firm License#:
Mailing Address:
Individual Selling Agent:
0 Acting as a Designated Dual Agent (check only if applicable)
Selling Agent License#:
Selling Agent Phone#:
Selling Agent Fax#;
Selling Agent E-mail:
Buyer initials
Listing Fir Name: Cn i S I e-
Acting asXSeller's Agent O Dual Agent
Firm License#:
Mailing Address:
Individual Listing Agent: %JJ CLLV «JP V_ L 4 I
❑ Acting as a Designated Dual A
uaalAggennt (check only if applicable)
Listing Agent License#: ^� (�
Listing Agent Phone#: �tJ��`LY71 0G O /`
Listing Agent Fax#: c2 b( —�� ryi'" 23w
Listing Agent E-mail: ej CM
Page 12 of 13
J ' STANDARD FORM 12-T
Seller initials Revised 7/2021
©7/2021

ACINOWLEDGMENT OF RECEIPT OF MONIES
Seller: Joane Dreyer ("Seller")
Buyer: P & P Land Development. Inc a North Carolina corpration ("Buyer")
Property Address: 7304 Sound Drive Emerald Isle NC 28594 ("Property")
❑ LISTING AGENT ACKNOWLEDGMENT OF RECEIPT OF DUE DILIGENCE FEE
Paragraph I(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 $ Jr . D receipt of which Listing Agent hereby acknowledges,
Date Firm:
By:
(Signature)
(Print name)
la SELLER 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 Seller hereby acknowledges.
Date: Seller:
(Signature)
Date: Seller:
(Signature)
❑ ESCROW AGENT ACKNOWLEDGMENT OF RECEIPT OF INITIAL 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 $ , Escrow Agent as identified in Paragraph 1(f)
of the Offer to Purchase and Contract hereby acknowledges receipt of the Initial Earnest Money Deposit and agrees to hold and disburse
the same in accordance with the terms of the Offer to Purchase and Contract.
Date: Firm:
By:
(Signature)
(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 the 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 terms of the Offer to Purchase and Contract.
Firm:
Time: O AM C3 PM By:
(Signature)
(Print name)
Page 13 of 13
STANDARD FORM 12-T
Revised 712021
© 712021

ACKNOWLEDGMENT OF RECEIPT OF MONIES
Seller: Joane Dreyer ("Seller")
Buyer: P & P Land Development. Inc a North Carolina corpration ("Buyer")
Property Address: 7304 Sound Drive Emerald Isle NC 28594 J(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 i the amount of $Q ,
Date
SELLER 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 Seller hereby acknowledges.
Seller:
(Signature)
Date: Seller:
(Signature)
❑ ESCROW AGENT ACKNOWLEDGMENT OF RECEIPT OF INITIAL 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 $ . Escrow Agent as identified in Paragraph 1(f)
of the Offer to Purchase and Contract hereby acknowledges receipt of the Initial Earnest Money Deposit and agrees to hold and disburse
the same in accordance with the terms of the Offer to Purchase and Contract.
Firm:
By;
(Signature)
(Print name)
-.. r r r r— r— r r w r r r——— — ———— .-.
0 ESCROW AGENT ACKNOWLEDGME
Y-COMPANY
BRANCH BANNING ANDZAU m .
1.s0o-yr6�lWK BHT
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Shipment Receipt: Page #1 of 1
THIS IS NOT A SHIPPING LABEL. PLEASE SAVE FOR YOUR RECORDS,
SHIP DATE;
SHIPMENT INFORMATION;
TOES 10 AUG 2021
UPS NEXT DAY AIR RES
0 lb 3.5 cz actual wt
EXPECTED DELIVERY DATE.
LTR Billed Weight
RED 11 RUG M21 1010 AN
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PO BOX 4580
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142 GREEHROD AD
PLANS
MOUNTAINSIDE NJ 07092-2505
RESIDENTIAL
SHIPMENT CHARGES;
NEXT DRY AIR RES 13.39
SERVICE OPTIONS 5.55
FUEL SURCHARGE 4.40
SHIPPED THROUGH;
CMS PROCESSING FEE 0.22
THE UPS STORE W42
CEDAR POICHC 28584.8012
[phone]
TOTAL $53.56
HTTPiETTHCC01HJP6EE0pRACKOnHo(SEEETFRT THIS 0 RENTEANSHIPHEHTE IDR0) SER SHIPkEMT
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DESCRIPTION OF GOODS;
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NEXT DAY AIR RES 38,31
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THE UPS STORE 03942 CMS PROCESSING FEE 0.22
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Shipment Receipt: Page #1 of 1
THIS IS NOT A SHIPPING LABEL. PLEASE SAVE FOR YOUR RECORDS,
SHIP DATE;
SHIPMENT INFORMR11OH;
TOES 10 AUG 2021
UPS NEXT DO AIR RES
0 lb 3.5 cz actual wt
EXPECTED DELIVERY DATE;
LTR Billed Weight
RED 11 AUG 2021 10;90 0
CARRIERLETTER
SHIP FROM,
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PO BOX 4500
EMERALD ISLE NC 28514
(919) 79S-9594
TRACKING NUMBER: 1 11 477303071
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SHIP TO;
MARLENE HARBAUGH
DESCRIPTION OF GOODS;
142 GREEHROOD AD
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RESIDENTIAL
SHIPMENT CHARGES;
NEXT DAY AIR RES 43.39
SERVICE OPTIONS 5.55
FUEL SURCHARGE 4.40
SHIPPED THROUGH;
CNS PROCESSING FEE 6.22
THE UPS STORE 13942
CEDAR POINT,HC 21584-8012
[phone]
TOTAL $53.56
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THIS
Receipt: page #1 of 1
IS NOT A SHIPPING LABEL. PLEASE SAVE FOR YOUR RECORDS.
SHIP 10 DATE: 2021
SHIPMENT INFORNATIDN:
UPS NEXT DRY AIR RES
EXPECTED DELIVERY DATE,
NED 11 AUG 2021 18138 AM
actual
LTRbB311edZWeight urt
SHIP FROM:
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TRACKING NUMBER, IZSIIY312410636015
SHIPMENT ID: NH2NRYI01MJ99
SHIP REF 1: AZ
SHIP REF 2: • -
DESCRIPTION OF GOODS,
PLANS
SHIPMENT CHARGES:
NEXT DAY AIR RES 30,31
SERVICE OPTIONS 5,55
SHIPPED THROUGH: FUEL SURCHARGE 3123
THE UPS STORE #3942 CMS PROCESSING FEE 0122
CEDAR POINT,NC 28584.9012
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