PN_19-11_Dixon

Issued by WiRO PN19-11
Pender County Permit Number
CAMA
MINOR DEVELOPMENT
PERMIT
NORTH CAROLINA
Environmental Quality
as authorized by the State of North Carolina, Department of Environmental Quality
and the Coastal Resources Commission for development in an area of environment
concern pursuant to Section 113A-118 of the General Statutes, "Coastal Area
Management"
Issued to Jason Dixon authorizing development in the Estuarine Shoreline (AEC) at 114 Aster Place, in Hampstead,
Pender County as requested in the permittee's application, dated August 7, 2019, and received by DCM on August 14,
2019. This permit, issued on August 28, 2019, is subject to compliance with the application and drawing dated and
received by DCM on August 16, 2019 (where consistent with the permit), all applicable regulations and special
conditions and notes set forth below. Any violation of these terms may subject the permittee to a fine, imprisonment or
civil action, or may cause the permit to be null and void.
This permit authorizes: Single-family residence with amenities.
(1) All proposed development and associated construction must be done in accordance with the permitted site drawing dated
received by DCM on August 16, 2019.
(2) Any change or changes in the plans for development, construction, and/or land use activities will require re-evaluation and
modification of this permit.
(3) A copy of this permit shall be posted or available on site throughout the construction process. Contact this office at(910)
766-7221 for a final inspection at completion of work.
(Additional Permit Conditions on Page 2)
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This permit action may be appealed by the permittee or other qualified persons > I—
within twenty (20)days of the issuing date. This permit must be on the project
site and accessible to the permit officer when the project is inspected for Jason Dail U r- 2
compliance. Any maintenance work or project modification not covered under CAMA LOCAL PERMIT OFFICIALS
this permit,require further written permit approval.All work must cease when this CC
i
permit expires on: 127 Cardinal Drive Extension 2
December31,2022 Wilmin ton NC 28405-3845
In issuing this permit it is agreed that this project is consistent with the local Land
Use Plan and all applicable ordinances. This permit may not be transferred to
another party without the written approval of the Division of Coastal P MITTEE
Management.
(Signature required if conditions above apply to permit)

Name: Jason Dixon
Minor Permit#PN19.11
Date: August 28, 2019
Page 2 of 2
(4) All unconsolidated material resulting from associated grading and landscaping shall be retained on site by effective
sedimentation and erosion control measures. Disturbed areas shall be vegetated and stabilized (planted and
mulched)within 14 days of construction completion.
(5) Any proposed for grading within the 30' Coastal Shoreline buffer (as measured from the Normal High Water level)
must be contoured to prevent additional stormwater runoff to the adjacent marsh and/or canal. This area shall be
immediately vegetated and stabilized and must remain in a vegetated state.
(6) This permit does not authorize the excavation or filling of any wetlands, even temporarily.
(7) No impervious coverage/built upon area, including but not limited to the house (including eaves), foundation pad,
covered decking,etc. shall extend into the 30-foot coastal shoreline buffer.
(8) All structures shall comply with the NC Building Code, including the Coastal and Flood Plain Construction Standards
of the N. C. Building Code, and the Local Flood Damage Prevention Ordinance as required by the National Flood
Insurance Program. If any provisions of the building code or a flood damage prevention ordinance are inconsistent
with any of the following AEC standards, the more restrictive provision shall control.
(9) Pursuant to 15A NCAC, Subchapter 7J.0406(b), this permit may not be assigned, transferred, sold or otherwise
disposed of to a third-party.
SIGNATURE: DATE: 0 - /
PERMITTEE
RECEIVED
SEP 1. 1 ?r.1Q
DCM WILMINGTON, NC

ROY COOPER
Governor
w, r MICHAEL S. REGAN
Secretary
NORTH CA-OL1NA BRAXTON DAVIS
Environmental Ouality Director
August 29, 2019
Jason Dixon
604 Alston Boulevard
Hampstead, NC 28493
Dear Mr. Dixon,
Attached is CAMA Minor Development Permit PN 19-11 for work to be done at 114 Aster Place,
Hampstead in Pender County. An electronic copy has been sent to the Pender County Inspections
Department and to your Agent.
To validate this permit, please sign both copies as indicated for our records. Retain the orange copy for
your files,and in the enclosed, self-addressed
envelope.
This is not a valid permit until it is signed and returned to our office.
Thank you for your prompt attention to this matter.
Si cerely,
anya P etila
Permit Support Technician
N.C. Division of Coastal Management
Enclosures
Cc:WiRO files
PN Inspection Dept.
Matthew Sawyer—Agent
State of North Carolina 1 Environmental Quality I Coastal Management
127 Cardinal Drive Ext.,Wilmington,NC 28405
919 796 7215

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Locality �( W Permit Number
. Ocean Hazard Estuarine Shoreline P\ ORW Shoreline Public Trust Shoreline Other
(For official use only)
GENERAL INFORMATION
LAND OWNER-MAILING ADDRESS
Name_ Jay&v-i D i X on
Address_(poll / (5fog 17 l v�
City_ e. -- State n/ti Zip 7,g y 93 Phone ' 7347Z�-__--
Email TaSan . IYI ,di K.oh 53 )J/hail• (.an^
AUTHORIZED AGENT
Nameirk th4/ �jj u1yzY
Address I Z 7 OYl tdeec C t ..
City t i Jc hhhU;(1 - R-GucJ, State A Zip 2r/g(0 Phone 70 5 71G" Li
Email /h ,twxe.Y• rP.a et{� A�(.C,ri/yi
LOCATION OF PROJECT: (Address,street name and/or directions to site;name of the adjacent waterbody.)
`l11 Ao-o P1ctoz, j14roN-&act>, Al& 7. 1/ - - -
DESCRIPTION OF PROJECT:(List all proposed construction and land disturbance.) f ulth. 01
_ IN 11) -1-4)Ci 7c` £- ,zr►10 f-f Se'F
SIZE OF LOT/PARCEL: Z�j j2li square feet .51/ acres
PROPOSED USE: Residential (Single-family Multi-family ❑ ) Commercial/Industrial 0 Other 0
COMPLETE EITHER(1)OR(2)BELOW(Contact your Local Permit Officer ifyou are not sure which AEC applies
to your properly):
(1) OCEAN HAZARD AECs:TOTAL FLOOR AREA OF PROPOSED STRUCTURE: square feet(includes
air conditioned living space,parking elevated above ground level,non-conditioned space elevated above ground level but
excluding non-load-bearing attic space)
(2) COASTAL SHORELINE AECs:SIZE OF BUILDING FOOTPRINT AND OTHER IMPERVIOUS OR BUILT
UPON SURFACES: square feet(includes the area of the foundation of all buildings,driveways,covered decks,
concrete or masonry patios,etc.that are within the applicable AEC.Attach your calculations with the project drawing.)
STATE STORM WATER MANAGEMENT PERMIT: Is the project located in an area subject to a SRECEIVED
Stormwater Management Permit issued by the NC Division of Energy,Mineral and Land Resources(DEMLR)?
YES NO AUG 14 2019
If yes,list the total built upon arca/impervious surface allowed for your lot or parcel: square feet.
DCM WILMINGTON, NC

OTHER PERMITS MAY BE REQUIRED:The activity you are planning may require permits other than the CAMA
minor development permit,including,but not limited to: Drinking Water Well,Septic Tank(or other sanitary waste
treatment system),Building,Electrical,Plumbing,Heating and Air Conditioning,Insulation and Energy Conservation,HA
Certification,Sand Dune,Sediment Control,Subdivision Approval,Mobile Home Park Approval, I lighway Connection,and
others.Check with your Local Permit Officer for more information.
STATEMENT OF OWNERSHIP:
( I,the undersigned,an applicant for a CAMA minor development permit,being either the owner of property in an AEC or a
person authorized to act as an agent for purposes of applying for a CAMA minor development permit,certify that the person
listed as landowner on this application has a significant interest in the real property described therein.This interest can be
described as:(check one)
an owner or record title,Title is vested in name of
see Deed Book page in the County Registry of Deeds.
— an owner by virtue of inheritance.Applicant is an heir to the estate of
probate was in —__ County.
itir if other interest,such as written contract or lease,explain below or use a separate sheet&attach to this application.
NOTIFICATION OF ADJACENT RIPARIAN PROPERTY OWNERS:
I furthermore certify that the following persons arc owners of properties adjoining this property. I affirm that I have given
ACTUAL NOTICE to each of them concerning my intent to develop this property and to apply for a CAMA permit.
(Name) (Address)
(I) 19Crk) ar' k;rsfif a'lot* -- 9o3 /1e r (I. ,rnf41-8a4/14: 21y3
(2) LYyj--oei — 303 A 54-.er Pt, I-lamPifeuct,N�
(3)
(4)
ACKNOWLEDGEMENTS:
I,the undersigned,acknowledge that the land owner is aware that the proposed development is planned for an area which
may be susceptible to erosion and/or flooding. I acknowledge that the Local Permit Officer has explained to me the particu-
lar hazard problems associated with this lot.This explanation was accompanied by recommendations concerning stabiliza-
tion and floodproofing techniques.
i furthermore certify that i am authorized to grant,and do in fact grant,permission to Division of Coastal Management stall,
the Local Permit Officer and their agents to enter on the aforementioned lands in connection with evaluating information
related to this permit application.
This the 7 ' _ day of A,u,,r,20 I I
Landowner or person authorized to act as his/her agent r purpose of filing a CAMA permit application
This application includes:general information(this form),a site drawing as described on the back of this application, the
ownership statement, the Ocean Hazard AEC Notice where necessary;a check for$100.00 made payable to the locality,and
any information as may be provided orally by the applicant. The details of the application as described by these sources are
incorporated without reference in any permit which may be issued.Deviation from these details will constitttNt6
any permit.Any person developing in an AEC without permit is subject to civil,criminal and administrative action.
AUG 1 4 2019
DCM WILMINGTON, NC

NORMAL HIGH WATER LINE IRIS WAYSITE
NORMAL HIGH WATER LINE 0
OLD TOPSAIL CREEK o ASTER PL
FIP L1 FIS
W
- �_ - - 0
EDGE OF ••�� l
MARSH 'HOWARD LANDING RD
(/) 111111111. lir ��
a_ VICINITY MAP NO SCALE
03 (SD �� �� N EDGE OF
-w .. MARSH
r 6 AdO _ I00 75' CAMA OFFSET
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oI (FROM WATERWARD SIDE
'` O • OF MARSH)
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-r-. y PROPOSED HOU LAI /
LOT 113 i I / -' LOT 115
MB 50 PG 118 16.;' 70', — 1r�5• MB 50 PG 118
01 10' drain line
Zo
C A -P 1 65, N
coJ I tO
II droln line I V- RECEIVED
rn 65 t / Z
SET BENCHMARK I I — 5°' 1 25' MBL AUG 16 2019
TOP OF REBAR L- -4—X 50' rep
air
AT 14.00' N A VD 88 — — — `(' OCM WILMINGTON.NC
/IF TP°1. —=- N
=% P 4.95 15' PRIVATE UTILITY EASEMENT
" 13.45 FIP N
FI
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R/W' \
ASTER PLACE I
50' PRIVATE R/W
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..-- _ \ / GoQL''p0
/ NG
R/W \ /
N
LINE BEARING DISTANCE
' — — L1 S 38.29'54" W 49.18'
CURVE RADIUS CHORD LENGTH CHORD BEARING
Cl 50.00' 26.54' N 42'47'56" E
LOT 114 ASTER PLACE
BOUNDARY/TOPOGRAPHIC SURVEY c2 255.00' 49.43' N 2146'36" E
REVISEDg�,8 7 19—ADDED SEPTIC HOUSE, POOL
**FLOODCERTIFICATION** FROMEWATERWARD-REVISEDID MARSH, ADDED NORMALI WATEREDLINE
LOT 114
THIS IS TO CERTIFY THAT THIS PROPERTY IS MB 50 PG 118 R0EVISED 8/7/19—ADDED SEPTIC, H0 SE, POOL 120'
LOCATED IN FLOOD HAZARD ZONE "VE" & "X" PER 40' 80'
DB 4674 PG 990
C•11,,,,1 MIT/ II370344 DAMCI u 3292J —

Dail, Jason
From: Dail,Jason
Sent: Thursday, August 15, 2019 7:24 AM
To: Matthew Sawyer
Subject: 114 Aster Place - Additional Information requested
Good morning Matt, please see the information below pertaining to the subject project.
RE: INCOMPLETE APPLICATION—Jason Dixon -ADDITIONAL INFORMATION REQUIRED
APPLICATION NUMBER—N/A
PROJECT ADDRESS— 114 Aster Place, Hampstead, NC
Mr. Sawyer,
The Division of Coastal Management's Wilmington Regional office received a CAMA Minor Permit application from you
on August 14, 2019, requesting approval for development activities at 114 Aster Place, Hampstead, NC. In reviewing
your application,we have discovered that additional information is needed to complete the review process.Accordingly,
I am requesting that you submit the following additional information to this office:
1) On the site survey,there is no reference to the "normal" or"mean high water" line, which is what we use to
establish our 75-foot Area of Environmental Concern (AEC). Please have the surveyor shoot the mean high water
line and re-locate the 75'AEC based on the location of that line. Once the survey has been revised, please
resubmit so I can begin to process your application.
In accordance with the Department of Environment and Natural Resources regulations,we note that the application, as
received in our office on August 14, 2019, is incomplete for processing. Upon resubmission of a complete application, a
local decision will be made in 25 days, provided this period is not extended as provided by law. Please contact me at
910-796-7221 if you have any questions.
Jason Dail
Field Representative
NC Department of Environmental Quality
NC Division of Coastal Management
127 Cardinal Drive Ext.
Wilmington, NC 28405
Phone:[phone], Fax:[phone]
[e-mail]
IC --'""Nothing Compares—..
*E-mail correspondence to and from this address
may be subject to the North Carolina Public
Records Law and may be disclosed to third parties.
1

L/UI u. lyI I CI I VCIUpC Iu. I JOC4l,GU'HUh1J'440U I-oyo, - u I/J/CM,I C
AGENT AUTHORIZATION FOR CAMA PERMIT APPLICATION
Name of Property Owner Requesting Permit: Jason Dixon
Mailing Address: 604 Alston BLVD
Hampstead, NC 28443
Phone Number: 954-736-8523
Email Address: [e-mail]
I certify that I have authorized Matthew Sawyer
Agent/Contractor
to act on my behalf, for the purpose of applying for and obtaining all CAMA permits
necessary for the following proposed development: To put a pool in the back yard
Within the 75' CAMA offset
at my property located at 1 14 Aster PI. Hampstead, NC 28443
in Pender 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 Owner Information:
DocuSigned by:
Dg=668C1E8f 11Bg...
Signature
Jason Dixon
Print or Type Name
Title
8 /14 /19
Date
RECEIVED
This certification is valid through 9 /30 /19 qL!f;, 1 4 _Ci9
DCM WILMINGTON, NC

ADJACENT RIPARIAN PROPERTY OWNER STATEMENT
FOR CAMA MINOR PERMITS
I hereby certify that I own property adjacent to 0 r xU 1"1 's
uu LL (Name of Property� Owner) r�
property located at I 1 ��r�� t'�1.14I1 Fe' V S/ �(� 2 ''t) ,
(Address,Lot, Block, Road,etc.)
on DI, TOA .1 I Gf eiK , in Pender County, N.C.
(Waterbody)
He/She has described to me as shown in the attached application and project drawing(s),the development he is
proposing at that location,and, I have no objections to his proposal.
(APPLICATION AND DRAWING OF PROPOSED DEVELOPMENT ATTACHED)
/AM
:ign. re
« 9&i '1 gft t
Print or Type Name
30c 72,4 C3)(
Telephone/// Number
acc (3/Zal4
Date f r
RECEIVED
AUG 1 4 2019
DCM WILMINGTON, NC

Receipts for
Certified Mail
(Staple Here)
ate
Lrystai) I3Yir'►.ter
AdlacntropeVOffritf el
I el
Mairess
ling 5i-zd, ,/, 74"/'
City,State,Zip Code
Dear Adjacent Property:
This letter is to inform you that I, Son D)2( /1 have applied for a CAMA Minor
Property Owner
Permit on my property at L 3- WI 4 I e( J/ ,in Hot 11/p5 keu
Property Address City I Town
in Pender County. As required by CAMA regulations, I have enclosed a copy of my permit application and
project drawing(s)as notification of my proposed project.No action is required from you or you may sign and return
the enclosed no objection form.If you have any questions or comments about my proposed project,please
contact me at 70 - 574i-Oy ,or by mail at the address listed below. If you wish to
Applicant's Telephone
file written comments or objections with the CAMA Minor Permit Program,you may submit them to:
Jason Dail, DCM Field Representative
LPO,County of Pender
NC DEQ/DCM
127 Cardinal Drive Ext.
Wilmington, NC 28405
O/1 )9/ )-O/11
Property Owner
(ovy AIs1-ar► L I4✓ci
Mailing Address
r i p d-eaJ./
City,State,Zip Code
RECEIVED
4
DCM WILMINGTON, NC

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VUUUJII�.II CI ivt iu e IV. I LIO/I L) '+ Iy/0-44 I U'UJ)L,'DOUVOVVOGC�/
OFFER TO PURCHASE AND CONTRACT-VACANT LOT/LAND
[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.
(a) "Seller": Dac Nc LLC
(b) "Buyer": Jason Dixon, Melissa Dixon
(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 2A11-T)with this offer.
Street Address: 114 Aster P1
City: Hampstead Zip: 28443
Coun : 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 114 ,Block/Section ,Subdivision/Condominium Eagle's Watch
,as shown on Plat Book/Slide 50 at Page(s) 118
The PIN/PID or other identification number of the Property is: PID:3292-87-1028-0000
Other description: Legal:L114 PB 50/118 EAGLES WATCH SEC 17, PHASE I
Some or all of the Property may be described in Deed Book 4674 at Page 990
(d) "Purchase Price":
$ 307,000.00 paid in U.S.Dollars upon the following terms:
$ 5,000.00 BY DUE DILIGENCE FEE made payable and delivered to Seller by the Effective Date.
$ BY INITIAL EARNEST MONEY DEPOSIT made payable and delivered to Escrow
Agent named in Paragraph 1(f) by ❑ cash ❑ personal check ❑ official bank check
❑ wire transfer, ❑ electronic transfer, EITHER ❑ with this offer OR ❑ 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) by cash, official bank check, wire transfer or
electronic 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 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 2A5-T).
5 302,000.00 BALANCE of the Purchase Price in cash at Settlement(some or all of which may be paid
with the proceeds of a new loan).
rThis form jointly approved by: Page 1 of 11 STANDARD.ER RM 12-T
North Carolina Bar Association A RECEI1kFed 7/2018
North Carolina Association of REALTORS®,Inc. °S RElac ©7/2018
nLroR Buyer initials EV Seller initials o1 1t1 AU G 14 2_019
Coastal Realty Associates,17117 Hwy 17 N.,Hampstead NC 28443 Phone:[phone] Fax: [phone] Jason and IytplissaDison
Matthew Sawyer Produced with zipForrr®by zipLogix 18070 Fifteen Mile Road,Fraser,Michigan 48026 www.zioLogix.corn ,^'ILMtNGTOIV+ �►V
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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 as liquidated damages and as
Seller's sole and exclusive remedy for such breach,but without limiting Seller's rights under Paragraphs 2(c)and 2(d)for damage to
the Property or Seller's right to retain the Due Diligence Fee. It is acknowledged by the parties that payment of the Earnest Money
Deposit to Seller in the event of a breach of this Contract by Buyer is compensatory and not punitive, such amount being a
reasonable estimation of the actual loss that Seller would incur as a result of such breach. The payment of the Earnest Money
Deposit to Seller 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): Bailey and Busby
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 Seller with this Contract for Buyer's right to terminate the
Contract for any reason or no reason during the Due Diligence Period. It shall be the property of Seller upon the Effective Date and
shall be a credit to Buyer at Closing. The Due Diligence Fee shall be non-refundable except in the event of a material breach of this
Contract by Seller,or if this Contract is terminated under Paragraph 6(n)or Paragraph 9,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.
(j) "Due Diligence Period": The period beginning on the Effective Date and extending through 5:00 p.m. on
TIME BEING OF THE ESSENCE.
RECEIVED
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(k) "Settlement": The proper execution and delivery to the closing attorney of all documents necessary to complete the transaction
contemplated by this Contract, including the deed,settlement statement,deed of trust and other loan or conveyance documents,and
the closing attorney's receipt of all funds necessary to complete such transaction.
(1) "Settlement Date": The parties agree that Settlement will take place on August 10, 2019
(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 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 10(Delay in 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 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 REALTORS® 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.A Special Assessment may be either proposed or confirmed.
"Proposed Special Assessment": A Special Assessment that is under formal consideration but which has not been approved prior
to Settlement.
"Confirmed Special Assessment": A Special Assessment that has been approved prior to Settlement whether payable in a lump
sum or future installments.
NOTE: Any Proposed and Confirmed Special Assessments must be identified by Seller in paragraph 5(b), and Buyer's and Seller's
respective responsibilities for Proposed and Confirmed Special Assessments are addressed in paragraphs 4(a)and 6(k).
2. BUYER'S DUE DILIGENCE PROCESS:
WARNING: BUYER IS STRONGLY ENCOURAGED TO CONDUCT DUE DILIGENCE DURING THE DUE DILIGENCE
PERIOD. If Buyer is not satisfied with the results or progress of Buyer's Due Diligence,Buyer should terminate this Contract,prior
to the expiration of the Due Diligence Period, unless Buyer can obtain a written extension from Seller. SELLER IS NOT
OBLIGATED TO GRANT AN EXTENSION.Although Buyer may continue to investigate the Property following the expiration of
the Due Diligence Period, Buyer's failure to deliver a Termination Notice to Seller prior to the expiration of the Due Diligence
Period will constitute a waiver by Buyer of any right to terminate this Contract based on any matter relating to Buyer's Due
Diligence. Provided however, following the Due Diligence Period, Buyer may still exercise a right to terminate if Seller fails to
materially comply with any of Seller's obligations under paragraph 6 of this Contract or for any other reason permitted under the
terms of this Contract or North Carolina law.
(a) Loan:Buyer,at Buyer's expense,shall be entitled to pursue qualification for and approval of the Loan if any.
NOTE: Buyer's obligation to purchase the Property is not contingent on obtaining a Loan. Therefore, Buyer is advised to consult
with Buyer's lender prior to signing this offer to assure that the Due Diligence Period allows sufficient time for the appraisal to be
completed and for Buyer's lender to provide Buyer sufficient information to decide whether to proceed with or terminate the
transaction.
(b) Property Investigation: Buyer or Buyer's agents or representatives, at Buyer's expense, shall be entitled to conduct all desired
tests, surveys, appraisals, investigations, examinations and inspections of the Property as Buyer deems appropriate, including but
NOT limited to the following: RECEIVED
Page 3 of 11
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(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.
(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 2A 12-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,stormwater 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.
(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: 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.
3. BUYER REPRESENTATIONS:
(a) Loan:Buyer ❑ does I 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: RECFIVED loan at a
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❑ Fixed Rate ❑ 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 obligations under 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 l does not have to sell or lease other real property in order to qualify for a new loan or to
complete purchase.
NOTE: If Buyer does have to sell, Buyer and Seller should consider including a Contingent Sale Addendum (Standard Form 2A2-
T)with this offer.
(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.
4. BUYER OBLIGATIONS:
(a) Responsibility for Proposed Special Assessments:Buyer shall take title subject to all Proposed Special Assessments.
(b) Responsibility for Certain Costs:Buyer shall be responsible for all costs with respect to:
(i) any loan obtained by Buyer, including charges by an owners association and/or management company as agent of an
owners' association for providing information required by 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.
I$] has owned the Property for less than one year.
❑ does not yet own the Property.
(b) Assessments:To the best of Seller's knowledge there ❑ are M are not any Proposed Special Assessments. If any Proposed
Special Assessments,identify: none
Seller warrants that there ❑ are IK] are not any Confirmed Special Assessments. If any Confirmed Special Assessments, identify:
none:if any seller to pay
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
RECEIVED
Page 5 - s STANDARD FORM 12-T
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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 [XI 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.
(e) Private Drinking Water Well Permit: ( ❑ Applicable I Not 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 lender(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.
(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 attorney's file to Buyer and both Buyer's and Seller's agents and attorneys; (2)
the Property's title insurer or its agent to release and disclose all materials in the 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 Property: Seller shall provide reasonable access to the Property (including working, existing utilities) through the
earlier of Closing or possession by Buyer, including,but not limited to,allowing the Buyer and/or Buyer's agents or representatives
an opportunity to (i) conduct Due Diligence, (ii) verify the satisfactory completion of negotiated repairs/improvements, and (iii)
conduct a final walk-through inspection of the Property.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: Seller 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 nt�ed lbyEBurrent and accurate survey of
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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 by law.The deed is to be made to: Jason Dixon, Melissa Dixon
(i) Agreement to Pay Buyer Expenses: Seller shall pay at Settlement$ n/a 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 FHANA 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 payment
information on owners' association dues or assessments for payment or proration; (ii) any fees imposed by an owners' association
and/or a management company as agent of the owners' association in connection with the transaction contemplated by this Contract
other than those fees required to be paid by Buyer under paragraph 4(b) above; and(iii) fees incurred by Seller in completing the
Residential Property and Owners' Association Disclosure Statement,and resale or other certificates related to a proposed sale of the
Property.
(k) Payment of Confirmed Special Assessments: Seller shall pay, in full at Settlement, all Confirmed Special Assessments,
whether payable in a lump sum or future installments,provided that the amount thereof can be reasonably determined or estimated.
The payment of such estimated amount shall be the 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 2Al2-T): If applicable,
Seller shall provide the completed Owners' Association Disclosure and Condominium Resale Statement Addendum to Buyer on or
before the Effective Date.
(n) Seller's Failure to Comply or Breach: If Seller fails to materially comply with any of Seller's obligations under this
Paragraph 6 or Seller materially breaches this Contract, and Buyer elects to terminate this Contract as a result of such failure or
breach, then the Earnest Money Deposit and the Due Diligence Fee shall be refunded to Buyer and Seller shall reimburse to Buyer
the reasonable costs actually incurred by Buyer in connection with Buyer's Due Diligence without affecting any other remedies. If
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.
7. PRORATIONS AND ADJUSTMENTS: Unless otherwise provided, the following items shall be prorated 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. CONDITION OF PROPERTY AT CLOSING: 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.
9. RISK OF LOSS: The risk of loss or damage by fire or other casualty prior to Closing shall be upon Seller. If the improvements on
the Property are destroyed or materially damaged prior to Closing, Buyer may terminate this Contract by written notice delivered to
Seller or Seller's agent and the Earnest Money Deposit and any Due Diligence Fee shall be refunded to Buyer. In the event Buyer does
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NOT elect to terminate this Contract, Buyer shall be entitled to receive, in addition to the Property, any of Seller's insurance proceeds
payable on account of the damage or destruction applicable to the Property being purchased. Seller is advised not to cancel existing
insurance on the Property until after confirming recordation of the deed.
10. DELAY IN SETTLEMENT/CLOSING: Absent agreement to the contrary in this Contract or any subsequent modification
thereto, if a party is unable to complete Settlement by the Settlement Date but intends to complete the transaction and is acting in good
faith and with reasonable diligence to proceed to Settlement ("Delaying Party"), and if the other party is ready, willing and able to
complete Settlement on the Settlement Date("Non-Delaying Party")then the Delaying Party shall give as much notice as possible to the
Non-Delaying Party and closing attorney and shall be entitled to a delay in Settlement. If the parties fail to complete Settlement and
Closing within fourteen(14)days of the Settlement Date(including any amended Settlement Date agreed to in writing by the parties)or
to otherwise extend the Settlement Date by written agreement, 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.
11. 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 1(m).No alterations,
excavations,tree or vegetation removal or other such activities may be done before possession is delivered.
12. 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.
❑ Additional Provisions Addendum(Form 2A11-T) ❑ Owners'Association Disclosure And Addendum For Properties
❑ Additional Signatures Addendum(Form 3-T) Exempt from Residential Property Disclosure Statement(Form
❑ Back-Up Contract Addendum(Form 2A1-T) 2A 12-T)
❑ Contingent Sale Addendum(Form 2A2-T) ❑ Seller Financing Addendum(Form 2A5-T)
❑ Loan Assumption Addendum(Form 2A6-T) ❑ Short Sale Addendum(Form 2A 14-T)
❑ Identify other attorney or party drafted addenda:
NOTE: UNDER NORTH CAROLINA LAW, REAL ESTATE BROKERS ARE NOT PERMITTED TO DRAFT ADDENDA TO
THIS CONTRACT.
13. 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.
14. TAX-DEFERRED 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 respect to 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.
15. 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.
16. 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.
17. ENTIRE AGREEMENT: This Contract contains the entire agreement of the parties and there are no representations,
inducements or other provisions other than those expressed herein. All changes, additions or deletions hereto must be in writing and
signed by all parties. Nothing contained herein shall alter any agreement between a REALTOR® or broker and Seller or Buyer as
contained in any listing agreement,buyer agency agreement,or any other agency agreement between them.
18. 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
Page 8 of 11 RECEIVED
os STANDARD FORM 12-T
AUG 1 4 201 g Revised 7/2018
Buyer initials FM,_ Seller initials ©7/2018
ll Produced with zipForrn®by zipLogix 18070 F Reen Mile Road,Fraser,Michigae 6G93fw wyENFINGTO N NC Jason and Melissa

UUUU0IY11 CI IVCIUIJC IU. ILO/COC4-IU/O-44 IC-yJJL-OOVUOLUOLCC/
communication given in connection with this Contract.Any written notice or communication may be transmitted to any mailing address,
e-mail address or fax number set forth in the"Notice Information" section below. Any notice or communication to be given to a party
herein,any any fee,deposit of other payment to be delivered to a party herein,may be given to the party or to such party's agent. Seller
and Buyer agree that the "Notice Information" and "Acknowledgment of Receipt of Monies" sections below shall not constitute a
material part of this Contract, and that the addition or modification of any information therein shall not constitute a rejection of an offer
or the creation of a counteroffer.
19. EXECUTION: This Contract may be signed in multiple originals or counterparts, all of which together constitute one and the
same instrument.
20. COMPUTATION OF DAYS/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.
THE NORTH CAROLINA ASSOCIATION OF REALTORS®, INC. AND THE NORTH CAROLINA BAR ASSOCIATION MAKE
NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN ANY
SPECIFIC TRANSACTION.IF YOU DO NOT UNDERSTAND THIS FORM OR FEEL THAT IT DOES NOT PROVIDE FOR YOUR
LEGAL NEEDS,YOU SHOULD CONSULT A NORTH CAROLINA REAL ESTATE ATTORNEY BEFORE YOU SIGN IT.
This offer shall become a binding contract on the Effective Date.Unless specifically provided otherwise,Buyer's failure to timely deliver
any fee, deposit or other payment provided for herein shall not prevent this offer from becoming a binding contract, provided that any
such failure shall give Seller certain rights to terminate the contract as described herein or as otherwise permitted by law.
5/30/2019 5/30/2019
Date: Date:
,—DoccuSigned by:
e—DocuSigned by: `l QV
Buyer jaw_ Vr of,, Seller
Jason Dion Dee21 47174Bc...
B9aupie31g
Date: Date:
DocuSi9ned by:
Buyer A4uq, P'ot, Seller
lissa Di on
B9256BE1E8F1489...
Entity Buyer: Entity Seller:
(Name of LLC/Corporation/Partnership/Trust/etc.) (Name of LLC/Corporation/Partnership/Trust/etc.)
By: By:
Name: Name:
Title: Title:
Date: Date:
Page 9 of 11 RECEIVED
STANDARD FORM 12-T
Revised 7/2018
A ii i to 1 4 119 ©7/2018
Produced with zipForrn®by zipLogix 18070 Fifteen Mile Road,Fraser,Michigan 48026 www.zioLoaix.corn Jason and Melissa
DCM WILMINGTON, NC

UUUUOII9.II IU. I1,0/CO1'-1'I 0/0'44 I J'UOJIi'CODUOL,UOGCO/
WIRE FRAUD WARNING
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.
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: Mailing Address:
Buyer Fax#: Seller Fax#:
Buyer E-mail: Seller E-mail:
CONFIRMATION OF AGENCY/NOTICE ADDRESSES
Selling Firm Name: Coastal Realty Associates Listing Firm Name: Coastal Realty Associates
Acting asp Buyer's Agent Seller's(sub)Agent['Dual Agent Acting as El Seller's Agent 0 Dual Agent
Firm License#:C24571 Firm License#:C24571
Mailing Address: 17117 Hwy 17 N. , , Hampstead, NC Mailing Address:
28443
Individual Selling Agent:Matthew Sawyer Individual Listing Agent:
0 Acting as a Designated Dual Agent(check only if applicable) 0 Acting as a Designated Dual Agent(check only if applicable)
Selling Agent License#:282513 Listing Agent License#:
Selling Agent Phone#: [phone] Listing Agent Phone#:
Selling Agent Fax#: [phone] Listing Agent Fax#:
Selling Agent E-mail:[e-mail] Listing Agent E-mail:[e-mail]
Page lO of 11 RECEIVED
—noes/ STANDARD FORM 12-T
V , A uG 1 4 2019 Revised 7/2018
Buyer initials Seller initials ©7/2018
Produced with zipForm®by zipLogix 18070 Fifteen Mile Road,Fraser,MicFyyp.Ari, jpLp sp®N' N^ Jason and Melissa

UM:1.1OI JI l CI I VCIupe IU. I l,0/CDC4-I U/13-•,1 I V-WDOlo-DOULIOl•LIOLCU I
ACKNOWLEDGMENT OF RECEIPT OF MONIES
Seller:Dac Nc LLC ("Seller")
Buyer:Jason Dixon, Melissa Dixon ("Buyer")
Property Address: 114 Aster P1, Hampstead, NC 28443 ("Property")
❑ LISTING AGENT ACKNOWLEDGMENT OF RECEIPT OF DUE DILIGENCE FEE
Paragraph 1(d)of the Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the payment to
Seller of a Due Diligence Fee in the amount of$ 5,000.00 ,receipt of which Listing Agent hereby acknowledges.
Date: Firm: Coastal Realty Associates
By:
(Signature)
(Print name)
❑ 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$ 5,000.00 ,receipt of which Seller hereby acknowledges.
Date: Seller:
(Signature)
Dac Nc LLC
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: Bailey and Busby
By:
(Signature)
(Print name)
❑ ESCROW AGENT ACKNOWLEDGMENT OF RECEIPT OF(ADDITIONAL)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(Additional)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(Additional)Earnest Money Deposit and agrees
to hold and disburse the same in accordance with the terms of the Offer to Purchase and Contract.
Date: Finn: Bailey and Busby
Time: ❑ AM ❑ PM By:
(Signature)
(Print name)
Page 11 of 11 RECEIVED
STANDARD FORM 12-T
•
A U G 1 4 119 Revised 7/2018
©7/2018
Produced with zipForm®by zipLogix 18070 Fifteen Mile Road,Fraser,Michica 4802�i, Jason and Melissa
Dom V1i TON, NC

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•1`.1" •r REVISED 8//19 OFFICE:(910')324-4616 A . Q
* . DATE:6/11/19 SCALE: 1"=40' FB 291 pG §_ FAX•(91 O)324-8430 2
.� MOBILE:(31 O)389-8460
GAIRY I. CANADY P '' ''" C...)CADFlLE: DIXONJASON DWG.LOT11=_galrycanadyOgmml.c°m
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Date Date Check From Name of Vendor Check Check Permit Rct. #
Received Deposited Permit Holder Number amount Number/Comments
8/15/2019 Matthew Sawyer Jason Dixon Wells 1172 $100.00 minor fee, 114 Aster Place, JD rct.
Fargo Bank Hampstead PnCo 8553