TB_16-03_ Sherron

Issued by WiRO TB16-03
Topsail Beach Permit Number
CAMA
MINOR DEVELOPMENT4111111
PERMIT
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 Julia and Frank Sherron authorizing development in the Estuarine Shoreline (AEC) at 406 Evelyn Lane, in
Topsail Beach, Pender County as requested in the permittee's application, dated January 21, 2016. This permit, issued
on February 23, 2016, is subject to compliance with the application and drawing dated and received by DCM on
February 8, 2016 (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: Expansion and renovation of an existing residential dwelling.
(1) All proposed development and associated construction must be done in accordance with the permitted drawing received
by DCM on February 8, 2016.
(2) All construction must conform to the N.C. Building Code requirements and all other local, State and Federal regulations,
applicable local ordinances and FEMA Flood Regulations.
(3) Any change or changes in the plans for development, construction, and/or land use activities will require re-evaluation and
modification of this permit.
(4) 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)
This permit action may be appealed by the permittee or other qualified persons
within twenty (20) days of the issuing date. This permit must be on the project Jason Dail
site and accessible to the permit officer when the project is inspected for CAMA LOCAL PERMIT OFFICIAL
compliance. Any maintenance work or project modification not covered under 0
this permit,require further written permit approval.All work must cease when this 127 Cardinal Drive Extension °
permit expires on: Wilmington, NC 28405-3845
December 31,2019 . Q] ' /' /fin / n
In issuing this permit it is agreed that this project is consistent with the local Land c —1 M

Name: Julia and Frank Sherron
Minor Permit#TB16.03
Date: February 23, 2016
Page 2 of 3
(5) 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 vegetatively stabilized (planted and mulched)
within 14 days of construction completion.
(6) Any proposed for grading within the 30' buffer 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 vegetatively
stabilized, and must remain in a vegetated state.
(7) No development may take place within 30-feet of the normal or mean high water boundary.
(8) The applicant has effectively demonstrated, through innovative construction design, that the amount of impervious
surface areas may be exceeded in a way that runoff water will be managed and the AEC protected, so as to allow
greater than 30% percent of impervious areas within the 75' Coastal Shoreline AEC. All proposed development and
associated construction must be done in accordance with the design specifications of the permitted innovative
design,sealed by the design professional, Gilbert Reece, dated February 1, 2016.
(9) Upon completion of construction and prior to the issuance of a Certificate of Occupancy(CO), a letter of certification
must be received from the designer of the innovative system installed, certifying that the permitted system has been
installed in accordance with this permit, the approved plans and his design specifications. Any deviations from the
approved plans and specifications must be noted on the Certification and a permit modification may be required
prior to receiving a CO.
(10) The landowner or permittee shall at all times provide the operation and maintenance necessary to assure the
permitted stormwater system functions at optimum efficiency. The landowner or permittee shall maintain the
permitted stormwater system for the life of the project.
(11) All buildings 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.
(12) Pursuant to 15A NCAC, Subchapter 7J.0406(b), this permit may not be assigned, transferred, sold or otherwise
disposed of to a third-party.
0
zhSIGNATURE: Q/,,A C 'r " v DATE: a(P l ) roa
v PERMITTEE o m
a, 00

Locality vl0S A -l.r 2 A G H Permit Number /6 ---O3
Ocean Hazard Estuarine Shoreline ORW Shoreline Public Trust Shoreline Other
(For official use only)
GENERAL INFORMATION
LAND OWNER
Address (O SCl /1Ay-td-evsw? 60. 3505
City c &/jJJJ7 State AK._ Zip> isihone 9l 0 —tow) c
Email LIB ate-► w/YI .ot,(_I , Cz1YY)
AUTHORIZED AGENT
Name
Address
City State Zip Phone
Email
LOCATION OF PROJECT: (Address,street name and/or directions to site.If not oceanfr nt,whit is then me of the
adjacent waterbody.) f Q(p ��,�r vl LAM e 1 m\/Cs C.>'1 c1 n/1.1 11 f 1' • „Gene
•N sdSicude
DESCRIPTION OF PROJECT: (List all proposed construction and land stt��rrba ce.) 1 C 't2 1(
see a�uctne� e�l_
Si
SIZE OF LOT/PARCEL: '7 gov square feet acres
PROPOSED USE: Residential Er (Single-family of Multi-family ) Commercial/Industrial Other ID
COMPLETE EITHER(1)OR(2)BELOW(Contact your Local Permit Officer if you are not sure which AEC applies
to your property):
(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:J 11p' L square feet(includes the area of the roof/drip line 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 STORMWATER MANAGEMENT PERMIT: Is the project located in an area subject to a State Stormwater
Managem t Permit issued by the NC Division of Water Quality?
YES NO .t
If yes, list the total built upon area/impervious surface allowed for your lot or parcel: square feet.
pRCEIVED

,
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,FIA
Certification, Sand Dune, Sediment Control,Subdivision Approval,Mobile Home Park Approval,Highway 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 ,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.
if other interest,such as written contract or lease,explain below or use a separate sheet&attach to this application.
p P PP
NOTIFICATION OF ADJACENT PROPERTY OWNERS:
I furthermore certify that the following persons are 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)Alidins P evt 'ck (+o ' ►� �, $`/0Z Sit 0� : - �4 )V Go?701
(
(2) T. ter nj 0 y 35-7, G�ht-t3�f NI& �- 37
(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 staff,
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 obiJ day of aArk ,20 )(D
IC ,,,,,,,,,,:-6. sit,,,,,t_.L.}
Landowne r person authorized to act as his/her agent for 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 constygtifition of
any permit.Any person developing in an AEC without permit is subject to civil, criminal and admit tiyy tggtig QN, NC

PAT MCCRORY
fnr�rnnr
1.,a
DONALD R. VAN DER VAART
Marl
Coastal Management BRAXTON DAVIS
ENVIRONMENTAL QUALITY
L)IRti(or
February 24, 2016
Julia & Frank Sherron
PO Box 3505
Topsail Beach, NC 28445
Dear Ms. Sherron:
Attached is CAMA Minor Development Permit#TB 16-03, for work to be done at 406 Evelyn
Lane, in Topsail Beach, Pender County. A copy of the permit has been sent to the Pender
County Inspections Department.
In order to validate this permit, please sign both copies of the permit as indicated for our
records. Please retain the orange copy for your files and sign front and back of the white copy
then return to us within 20 days of receipt, 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.
Sincerely,
/4^-et-u-v—
Shaun K. Simpson
Permit Support Technician
Enclosures
Cc: WiRO files
Topsail Beach Inspections Dept.
State of North Carolina I Environmental Quality Coastal Management

PAT MCCRORY
INFIC
DONALD R. VAN DER VAART
Coastal Management BRAXTON DAVIS
ENVIRONMENTAL QUALITY
February 23, 2016
Ann J. Ritter
PO Box 357
Whitsett, NC 27377
Dear Ms. Ritter:
This letter is in response to your correspondence, which was received by the N.C.
Division of Coastal Management on February 11, 2016, regarding your concerns about
the proposed development by Julia and Frank Sherron, at property located at 406
Evelyn Lane, in Topsail Beach, NC. The project consists of the renovation and
expansion of an existing residential dwelling. The project has been determined to
comply with the Rules of the Coastal Resources Commission (07H .0209) — Coastal
Shoreline AEC, and as such, a permit has been issued to authorize the development. I
have enclosed a copy of the permit, as well as, the relevant statutes.
If you wish to contest our decision to issue this permit, you may file a request for a Third
Party Appeal. The Chairman of the Coastal Resources Commission will consider each
case and determine whether to grant your request to file for a Contested Case Hearing.
The hearing request must be filed with the Director, Division of Coastal Management, in
writing and must be received within twenty (20) days of the permit decision. I have
enclosed the applicable forms and instructions that must be filed prior to that deadline.
Please contact me at 910-796-7221, if you have any questions, or if I can provide any
additional information.
Respectfully yours,
on Dail
ield Representative
N.C. Division of Coastal Management
127 Cardinal Dr. Extension, Wilmington, N.C. 28405
State of North Carolina I Environmental Quality I Coastal Management
127 Cardinal Drive Ext.,Wilmington,NC 28405

ANN J. RITTER Box 357
Whitsett, NC 27377
Telephone: [phone]
Email:annjritter@a yahoo.corn
February 6, 2016
Julia Sherron
PO Box 3505
Topsail Beach, N.C. 28445
Jason Dail, Field Representative
Local Permit Officer/ Topsail Beach
NC DENR Div. of Coastal Management
127 Cardinal Drive Extension
Wilmington, N.C. 20405
Dear All,
I have received the letter of January 21, 2016 on February 4, 2016. It appears to
have been posted on February 1, 2016 according to the mark. Thank you for the
information. I recall meeting you recently. I am glad you are going to be a neighbor
and I want to be helpful.
As to your letter, I did not see any information in the details about exterior lighting,
especially on the sound side of the house at 406 Evelyn Lane which is the subject of
the application. I am interested if there will be any lighting that will affect
surrounding residences. Many houses direct spotlights and other visual aids down to
the yard or driveway, which I would prefer. Is there some information you could
share with me about that?
Also, I understand that you have plans for renovating the pier. I am particularly
interested in those plans. I have an interest in the pier's location and the lighting
associated with its renovation or reconstruction. Is there any information you could
share with me about that? For assistance to you I am enclosing a copy of a survey
by the Riggs firm that locates the appropriate lines, etc. Perhaps you have already
seen this information.
RECEIVED
DCM WILMINGTON NC

I have seen the results of removal of most of the cedar tree at the north east corner
of the house at 406 on the sound side next to us at 404 and wonder if you plan to or
could take down the remainder, as most of the foliage has been removed.
I notice the letters "NHW" on your drawing in connection with the seawall. I am
interested in their meaning. If they designate the seawall as "near high water" I do
not need further information.
As far as the general plan for renovations on the land to the house itself at 406 is
concerned, subject to the interests and questions I have mentioned, I do not have an
objection to those renovations to the house.
I have called a few times but have not yet reached you. Perhaps we can discuss on
the phone as well.
Sincerely,
Ann J. Ritter
RECEIVED
DCM WILMINGTON, NC

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}° LAND SURVEYING — CONVENTIONAL & GLOBAL POSITIONING SYSTEMS, LOT 5, BLOCK 0, SECTION 4 REVISEC (Ili Par 1
LAND PLANNING & COMPUTER NAPPING ,(RPe- eo n
4 202 WARUCK STREET TOPSAIL INLET TERRACE DRAWN JANUARY 17FL2001
M5
S P.O. BOX 1570 TOPSAIL TOWNSHIP, PENDER COUNTY, NORTH CARO'_INA HELD BOOK:_ _., P . , 6 _
J TELEPHONE: N.C. 2&541-459-0 77 CHECKED BY:
TELEPHONE: (910)♦SS-0877 COMPUTER:, 2Cd5 1/PR.04 - 34,
�E-MAIL,c91
fro)e55-9033 404 EVELYN LANE r_
E-MN!: G6KR cne[snet ___ ,PROJECT NUMBER:
—o0-06-54

o
\ Y 5` i
CAMA PERMIT
APPLIED FOR
Applicant proposes to remodel an
PROJECT:
■ ■ lyn
. .
. . . . . A 1 _ I • I SO Ell
•Beach, Pender County1
f �> � TS ACCEPTED L ,rill
OMFebruary 21, 2016
APPLICANT FOR MORE DETAILS CONTACT
0THE LOCAL PERMIT OFFICER BELOW:
Julia & Frank Sherron NC Div. of Coastal Management
409 S. Anderson Blvd. 127 Cardinal Dr. Extension
Topsail Beach, NC 28445 Wilmington, NC 28405
99O) R90.2595 Jason Dail, Field Representative
910-796-7424

January 26, 2016
Project Description for 406 Evelyn Lane
Topsail Beach, NC
The remodel project planned for 406 Evelyn Lane requires removal of the existing
45' x 8' uncovered sound side deck, steps going from the deck to the ground and
a set of steps cantilevered on the South side of the house that go from the deck to
the upper story of the existing house. A new 40' x 10' deck will replace the
existing deck and will be covered with a roof with a 1' overhang. The steps to the
ground will be replaced. The steps to the upper level will not be replaced.
Concrete will be poured ground level under the 40' x 10' deck.
On the street side of the existing house an addition will be added. The footprint
will be 12' x32'. The ground level will be open under the addition. This will
require an additional concrete pad of approximately 12'x14' under the addition
at the entrance and the addition will be roofed with a 2' overhang.
Julia Sherron
910-690-2595
RECEl'IE0
DCM IA/II nninrr.,.. .._

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ADJACENT RIPARIAN PROPERTY OWNER STATEMENT
FOR CAMA MINOR PERMITS
I hereby certify that I own property adjacent to Fy &,t,�
,r�W r,, ,, I , (Name of Property Owner)
property located at 40 'Ai eit V1 L _ 2 ...
Address, Lot, Block, Road,etc.) /�, �
on T SaL 5 , in I sca &LGI&1 , N.C.
�Waterbody) (Topsbil Beach, Pender County)
He 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)
i
Signature
1LKL -
Print or Type Name
Tel phone umber
• ,k,
Date
RECEIVED
DCM WILMINGTON. NC
rrn n 0 nn4C

Receipts for
Certified Mail
,, (Staple Here)
/— —� /Q - =10a
Date
Arl n J: 2(.'(e c
Adjacent Property Owner
P(7Box 357
Mailjng,Adre ` AirC �73.7-7
City,State,Zip Code
Dear Adjacent Property: �
This letter is to inform you that I, ` a(. 0f' Y) have applied for a CAMA Minor
Property Owner /
Permit on my property at `/0 , c—s-.-e-- , in PN/ON
Properly
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 retum
the enclosed no objection form.If you have any questions or comments about my proposed project,please
contact me at .11Q --62'?0 --2 S `1 S,or by mail at the address listed below. If you wish to
Applicant's Telephone
file written comments or objections with the Topsail Beach CAMA Minor Permit Officer,you may submit
them to:
Jason Dail, Field Representative
Local Permit Officer for Topsail Beach
NC DENR Div of Coastal Management
127 Cardinal Drive Extension
Wilmington,NC 20405
910-796-7221
Sin ely,
Pro rty Owner
�oB 3S-0s—
Mailing Address
l Do2s her c ?, /VC 2g(14S�
City,State,Zip Code
RECEIVED
DCM WILMINGTON. NC

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complete PS Form 3811,Domestic Return
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3 Form 3800.MCI 2015?Reversal PSN 7520-02-000-9047

ANN J. RITTER Box 357
Whitsett, NC 27377
Telephone: [phone]
Email:annj [e-mail]
February 8, 2016
Julia Sherron
PO Box 3505
Topsail Beach, N.C. 28445
Jason Dail, Field Representative
Local Permit Officer/ Topsail Beach 10, 4
NC DENR Div. of Coastal Management I-
cIN6
127 Cardinal Drive Extension
- 0
Wilmington, N.C. 20405 V"� IAC
Dear All,
I have received the letter of January 21, 2016 on February 4, 2016. It appears to
have been posted on February 1, 2016 according to the mark. Thank you for the
information. I recall meeting you recently. I am glad you are going to be a neighbor
and I want to be helpful.
As to your letter, I did not see any information in the details about exterior lighting,
especially on the sound side of the house at 406 Evelyn Lane which is the subject of
the application. I am interested if there will be any lighting that will affect
surrounding residences. Many houses direct spotlights and other visual aids down to
the yard or driveway, which I would prefer. Is there some information you could
share with me about that?
Also, I understand that you have plans for renovating the pier. I am particularly
interested in those plans. I have an interest in the pier's location and the lighting
associated with its renovation or reconstruction. Is there any information you could
share with me about that? For assistance to you I am enclosing a copy of a survey by
the Riggs firm that locates the appropriate lines, etc. Perhaps you have already seen
this information.

I have seen the results of removal of most of the cedar tree at the north east corner of
the house at 406 on the sound side next to us at 404 and wonder if you plan to or
could take down the remainder, as most of the foliage has been removed.
I notice the letters " NFIW" on your drawing in connection with the seawall. I am
interested in their meaning. If they designate the seawall as "near high water" I do
not need further information.
As far as the general plan for renovations on the land to the house itself at 406 is
concerned, subject to the interests and questions I have mentioned, I do not have an
objection to those renovations to the house.
I have called a few times but have not yet reached you. Perhaps we can discuss on
the phone as well.
Sincerely,
Ann J. Ritter
RECEIVED
C 2016
0CR rm.' NC

• ` ' eA /1/if
OFFER TO PURCHASE AND CONTRACT
[Consult"Guidelines"(Form 2G)for guidance in completing this form)
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").
l.TERMS AND DEFINITIONS:The terms listed below shall have the respective meaning given them as set forth adjacent to each
term.
(a)"Seller": Werner Martin and spouse,Susan K.Martin
(b)"Buyer": Haynes F.Sherron,Jr.and spouse Julia B.Sherron
(c)"Property":The Property shall include all that real estate described below together with all appurtenances thereto including the
improvements located thereon and the fixtures and personal property listed in Paragraphs 2 and 3 below.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: 406 Evelyn Lane
City:Topsail Beach Zip: 2R445
County: Pander ,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 6 ,Block/Section 0 ,Subdivision/Condominium Topsail Inlet Terrace. Section 4
,as shown on Plat Book/Slide 5 at Page(s) 1 j
The PIN/PID or other identification number of the Property is: 4212_49-8164_0000
Other description:
Some or all of the Property may be described in Deed Book 1541 at Page 28
(d)"Purchase Price":
41111111.11110 paid in U.S.Dollars upon the following terms:
$ n/a BY DUE DILIGENCE FEE made payable and delivered to Seller by the Effective
Date
$ 5,000.00 BY INITIAL EARNEST MONEY DEPOSIT made payable and delivered.to Escrow
Agent named in Paragraph 1(f)by 0 cash n personal check 0 official bank check
0 wire transfer, EITHER Sl with this offer OR 0 within five (5) days of the
Effective Date of this Contract.
$ -o- BY(ADDITIONAL)EARNEST MONEY DEPOSIT made payable and delivered to
Escrow Agent named in Paragraph l(f)by cash or immediately available funds such
as official bank check or wire transfer no tater than
, TIME
BEING OF THE ESSENCE with regard to said date.
$ _0_ BY ASSUMPTION of the unpaid principal balance and all obligations of Seller on
the existing loan(s)secured by a deed of trust on the Property in accordance with the
attached Loan Assumption Addendum(Standard Form 2A6-T).
$ -0- BY SELLER FINANCING in accordance with the attached Seller Financing
Addendum(Standard Form 2A5-T).
$ .0. BY BUILDING DEPOSIT in accordance with the attached New Construction
Addendum(Standard Form 2A3-T).
4111111111111110 BALANCE of the Purchase Price in cash at Settlement(some or all of which may be
paid with the proceeds of a new loan)
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 ldishonore//d,for any reason,by the institution upon which the payment is drawn,Buyer shall
Buyer initial. t r4 !fifth7 Seller I
Page 1 of 13
Association Form No.2T©Revised 7/2015 This standard form has been approved jointly by:North Carolina
Printed by Agreement with the NC Bar Association North Carolina Bar Association—NC Bar Fo I V E D
North Carolina Association ofRealtots�,Inc.—e t� :�GTON. NC
PPP W. 9nia

have one(I)battling day after written notice to deliver cash or immediately available funds to the payee.In the event Buyer does
not timely deliver cash or immediately available 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 in connection with this transaction,hereinafter collectively referred to as"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:(I)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 4(d)and 4(e)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 patty 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): Guido De Maere,P.A-
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 Iicensed 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-
l2.
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 during the Due Diligence Period to investigate the Property and the transaction
contemplated by this Contract, including but not necessarily limited to the matters described in Paragraph 4 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 conduct Due
Diligence 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 Paragraph 12,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 the Effective Date
TIME BEING OF THE ESSENCE with regard to said date.
ilcBuyer Initials Seller Initials / .,
4
Page 2 of 13
Association Form No.2T®Revised 712015 This standard form bas been approved jointly by:North Carolina
Printed by Agreement with the NC Bar Association North Carolina Bar Association--NC Bar iii•
North Carolina Association of Realtors®, • .• !1. ''
►s , OM Mrs

(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.
(I) "Settlement Date": The parties agree that Settlement will take place on February 22.2016.
(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: (I) 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 13(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 or not it is fully
payable at time of Settlement.
2.FIXTURES AND EXCLUSIONS:
(a)Items Leased or Not Owned:Any item which is leased or not owned by Seller,such as fuel tanks,antennas,satellite dishes and
receivers,appliances,and alarm and security systems must be identified here and shall not convey: none!
(b)Specified Items:Unless identified in subparagraph(d)below the following items,if any,are deemed fixtures and are included in
the Purchase Price free of liens:range/stove,/oven,any built-in appliances,light fixtures,ceiling fans,attached floor coverings,blinds,
shades, drapery rods and curtain rods, brackets and all related hardware, window and door screens, storm windows, combination
doors,awnings,antennas,satellite dishes and receivers,mounting brackets for televisions and for speakers and all related hardware.
burglar/fire/smoke/carbon monoxide alarms and security systems.pool and spa equipment,solar energy systems, attached fireplace
screens, gas logs, fireplace inserts, electric garage door openers with controls, outdoor plants and trees (other than in movable
containers),basketball goals,storage sheds,mailboxes,attached wall and/or door mirrors,fuel tank(s)whether attached or buried and
including any contents that have not been used,removed or resold to the fuel provider as of Settlement*,landscape.and/or foundation
lighting, invisible fencing including all related equipment., lawn irrigation systems and all related equipment, and water
softener/conditioner and filter equipment.
(c) Other Fixtures/Unspecified items: Unless identified in subparagraph (d)below, any other item legally considered a fixture is
included in the Purchase Price free of liens.
(d) Other Items 'That Do Not Convey: The following items shall not convey (identify those items to be excluded under
Buyer Initials ''!,. Seller Initials
Page 3 of 13
Association Form No.2T 0 Revised T/2015 This standard form has been approved jointly by:North Carolina
Panted by Agreement with the NC Bar Association North Carolina Bar Association—NC Bar �
North Carolina Association of Realtors®,Inc.—suwdaid Jw ED
_:OM WILM!NGTnyI Nr

subparagraphs(b)and(c)): none
Seller shall repair any damage caused by removal of any items excluded above.
*NOTE: Seller's use, removal or resale of fuel in any fuel tank is subject to Seller's obligation under Paragraph 8(c) to provide
working,existing utilities through the earlier of Closing or possession by Buyer.
3.PERSONAL PROPERTY:The following personal property shall be transferred to Buyer at no value at Closing: none
(NOTE:Buyer is advised to consult with Buyer's lender to assure that the Personal Property items listed above can be included in this
Contract.)
4.BUYER'S DUE DILIGENCE PROCESS:
(a)Loan:During the Due Diligence Period,Buyer,at Buyer's expense,shall be entitled to pursue qualification for and approval of
the Loan if any.
NOTE: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 since the Loan is not a condition of the Contract.
(b)Property Investigation:During the Due Diligence Period,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)Inspections:Inspections to determine the condition of any improvements on the Property,the presence of unusual drainage
conditions or evidence of excessive moisture adversely affecting any improvements on the Property,the presence of asbestos
or existing environmental contamination, evidence of wood-destroying insects or damage therefrom, and the presence and
level of radon gas on the Property.
(ii)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 Residential Property and
Owners'Association Disclosure Statement provided by Seller prior to signing this offer.It is also recommended that the Buyer
determine if the owners' association charges fees for confirming owners' association information and restrictive covenant
compliance.
(di)Insurance:Investigation of the availability and cost of insurance for the Property.
(iv)Appraisals:An appraisal of the Property.
(v)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.
(vi) 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.
(vii) Flood Hazard: Investigation of potential flood hazards on the Property, and/or any requirement to purchase flood
insurance in order to obtain the Loan.
(viii)Utilities and Access:Availability,quality,and obligations for maintenance of utilities including water,sewer,electric,
gas,communication services,storrnwater management,and means of access to the Property and amenities.
(ix)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.
(x)Fuel Tank:Inspections to determine the existence,type and ownership of any fuel tank located on the Property.
(NOTE:Buyer is advised to consult with the owner of any leased fuel tank regarding the terms under which Buyer may lease
the tank and obtain fuel.)
Buyer Initials//it Seller Initials . /r/
Page 4 of 13
Association Form No.2T®Revised 7/2015 This standard form has been approved jointly by:North Carolina
Printed by Agreement with the NC Bar Association North Carolina Bar Association—NC Bar Form No.2T
North Carolina Association of Realtors®,Inc.—Standard Form 2T
�c:;EIVED
UCM WILM!,VGTON NC

•
(c)Repair/Improvement Negotiations/Agreement:Buyer acknowledges and understands that unless the parties agree otherwise.
THE PROPERTY IS BEING SOLD IN ITS CURRENT CONDITION. Buyer and Seller acknowledge and understand that they
may. but are not required to, engage in negotiations for repairs/improvements to the Property. Buyer is advised to make any
repair/improvement requests in sufficient time to allow repair/improvement negotiations to be concluded prior to the expiration of
the Due Diligence Period. Any agreement that the parties may reach with respect to repaits/unprovements shall be considered an
obligation of the parties and is an addition to this Contract and as such,must be in writing and signed by the parties in accordance
with Paragraph 20.
(NOTE: See Paragraph 8(c),Access to Property/Walk-Through Inspection,and Paragraph 8(m),Negotiated
Repairs/Improvements.)
(d)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 either approved by the N.C.Home Inspector Licensure Board or applicable to any other 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.
(e)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.
(f)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.
WARNING: 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 shall 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 8 of this Contract or for any other reason permitted under the
terms of this Contract or North Carolina law.
(g) CLOSING SHALL CONSTITUTE ACCEPTANCE OF THE PROPERTY IN ITS THEN EXISTING CONDITION
UNLESS PROVISION IS OTHERWISE MADE IN WRITING.
5.BUYER REPRESENTATIONS:
(a)Loan:Buyer®does 0 does not have to obtain a new loan in order to purchase the Property.If Buyer is obtaining a new loan,
Buyer intends to obWn a loan as f rs: ❑ FHA 0 VA (attach FHA/VA Financing Addendum) 2l Conventional 0 Other:
�P/f 5 loan at a®Fixed Rate D Adjustable Rate in the principal amount of
plus any financed VA Funding Fee or FHA MIP for a term of year(s), at an initial
interest rate not to exceed S' %per annum(the"Loan").
NOTE: Buyer's obligations under this Contract are not conditioned upon obtaining or closing any loan. If Buyer represents that
Buyer does not have to obtain a new loan in order to purchase the Property,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 0 does El does not have to sell or lease other real property in order to qualify for a new loan or to
complete the purchase.
Buyer initials/, fta 6. Seller Initials 61 `
Page 5 of 13
Association Form No.2T 0 Revised 7/2015 This standard form has been approved jointly by:North Carolina
Printed by Agreement with the NC Bar Association North Carolina Bar Association—NC BarlM p
North Carolina Association of Realtors®,lap) tpk Earl:
TON, NC

(NOTE:This Contract is not conditioned upon the sale of Buyer's property unless a contingent sale addendum such as Standard
Form 2A2-T is made a part of 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.
(d)Residential Property and Owners'Association Disclosure Statement(check only one):
El Buyer has received a signed copy of the N.C.Residential Property and Owners' Association Disclosure Statement prior to the
signing of this offer.
CI Buyer has NOT received a signed copy of the N.C.Residential Property and Owners'Association Disclosure Statement prior to
the signing of this offer and shall have the right to terminate or withdraw this Contract without penalty(including a refund of
any Due Diligence Fee) prior to WHICHEVER OF THE FOLLOWING EVENTS OCCURS FIRST:(1)the end of the third
calendar day following receipt of the Disclosure Statement;(2)the end of the third calendar day following the date the Contract
was made;or(3)Settlement or occupancy by Buyer in the case of a sale or exchange.
❑ Exempt from N.C.Residential Property and Owners'Association Disclosure Statement because(SEE GUIDELINES):
(e)Mineral and Oil and Gas Rights Mandatory Disclosure Statement(check only one):
SI Buyer has received a signed copy of the N.C. Mineral and Oil and Gas Rights Mandatory Disclosure Statement prior to the
signing of this offer.
0 Buyer has NOT received a signed copy of the N.C.Mineral and Oil and.Gas Rights Mandatory Disclosure Statement prior to
the signing of this offer and shall have the right to terminate or withdraw this Contract without penalty(including a refund of
any Due Diligence Fee) prior to WHICHEVER OF THE FOLLOWING EVENTS OCCURS FIRST:(I)the end of the third
calendar day following receipt of the Disclosure Statement;(2)the end of the third calendar day following the date the Contract
was made;or(3)Settlement or occupancy by Buyer in the case of a sale or exchange.
Cl Exempt from N.C.Mineral and.Oil and Gas Rights Mandatory Disclosure Statement because(SEE GUIDELINES):
Buyer's receipt of a Mineral and Oil and Gas Rights Mandatory Disclosure Statement does not modify or limit the obligations of
Seller under Paragraph 8(g)of this Contract and shall not constitute the assumption or approval by Buyer of any severance of
mineral and/or oil and gas rights,except as may be assumed or specifically approved by Buyer in writing.
(NOTE:The parties are advised to consult with a NC attorney prior to signing this Contract if severance of mineral and/or oil and
gas rights has occurred or is intended.)
6.BUYER OBLIGATIONS:
(a)Owners'Association Fees/Charges:Buyer shall be responsible for the payment of any fees charged by an owners'association
for information relating to Buyer's Due Diligence other than those fees to be paid by Seller under Paragraph 8(j).
(b)Responsibility for Proposed Special Assessments:Buyer shall take title subject to all Proposed Special Assessments.
(c) Responsibility for Certain Costs: Buyer shall be responsible for all costs with respect to any loan obtained by Buyer.
appraisal,title search,title insurance,recording the deed and for preparation and recording of all instruments required to secure the
balance of the Purchase Price unpaid at Settlement.
(d) 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).
7.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.
o�lv Buyer Initials At( r1e1 Seller Initial
I
Page 6 of 13
Association Form No.2T©Revised 7/2015 This standard form has been approved jointly by:North Carolina
Printed by Agreement with the NC Bar Association North Carolina Bar Association-NC Bar Form No.2T
North Camlina Association of Realtors®,Inc.—
DCM WILMINGTON. R(

Cl does not yet own the Property.
(b)Lead-Based Paint(check if applicable):
Cl The Property is residential and was built prior to 1978 (Attach Lead-Based Paint or Lead-Based Paint Hazards Disclosure
Addendum{Standard Form 2A9-T}).
(c)Assessments:To the best of Seller's knowledge there are no Proposed Special Assessments except as follows(Insert`None"or
the identification of such assessments,if any): nnne •
Seller warrants that there are no Confirmed Special Assessments except as follows (Insert"None" or the identification of such
assessments,if any): now •
(d) Owners'Association(s)and Dues: Seller authorizes and directs any owners' association, any management company of the
owners' association, any insurance company and any attorney who has previously represented the Seller to release to Buyer,
Buyer's agents,representative,closing attorney or lender true and accurate copies of the following items affecting the Property,
including any amendments:
• Seller's statement of account
• master insurance policy showing the coverage provided and the deductible amount
• Declaration and Restrictive Covenants
• Rules and Regulations
• Articles of Incorporation
• Bylaws of the owners'association
• current financial statement and budget of the owners'association
• parking restrictions and information
• architectural guidelines
The name, address and telephone number of the president of the owners' association or the association manager
is: rya
Owners'association website address,if any:
The name, address and telephone number of the president of the owners' association or the association manager
is: n!a -
Owners'association website address,if any.
8.SELLER OBLIGATIONS:
(a)Evidence of Title and Payoff Statement(s):Seller agrees to use best efforts to deliver to Buyer 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: tide
insurance policies,attorney's opinions on title,surveys,covenants,deeds,notes and deeds of trust,leases,and easements relating
to the Property. 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).
(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/Walk-Through Inspection: 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 Buyer an
opportunity to conduct a final walk-through inspection of the Property.
,.,
Buyer Initials./ Ite1 Seller Initial
/ V
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Association Form No.2T©Revised 7/2015 This standard form has been approved jointly by:North Carolina
Printed by Agreement with the NC Bar Association North Carolina Bar Association-NC Bar Form No.2T
North Carolina Association of Realtors®.Inc.-Standard Form 2T
RECEIVED
DCM WILMINGTON, NC

(d)Removal of Seller's Property: Seller shall remove,by the date possession is made available to Buyer,all personal property
which is not a part of the purchase and all garbage and debris from the Property.
(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 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 terminate this Contract prior to the expiration of the Due Diligence Period as a result of any
encumbrance or defect that is or would have been revealed by a title examination of the Property or a current and accurate survey
shall not relieve Seller of any obligation under this subparagraph.)
(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 deed is to be made to: lia B.Sharron
fi
(i) Agreement to Pay Buyer Expenses: Seller shall pay at Settlement $none toward any of Buyer's
expenses associated with the purchase of the Property, including any FHANA lender and inspection costs that Buyer is not
permitted to pay,less any portion disapproved by Buyer's lender.
NOTE:Examples of Buyer's expenses associated with the purchase of the Property include,but are not limited to,discount points,
loan origination fees,appraisal fees, attorney's fees, inspection fees,and"pre-paids"(taxes,insurance,owners' association dues,
etc.).
(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 transfer or similar fee imposed by the
owners'association: and(iii)fees incurred by Seller in completing the Residential Property and Owners' Association Disclosure
Statement.
(k)Payment of Confirmed Special Assessments:Seller shall pay all Confirmed Special Assessments, if any,provided that the
amount thereof can be reasonably determined or estimated.
(1)Late Listing Penalties:All property tax late listing penalties,if any,shall be paid by Seller.
(m)Negotiated Repairs/Improvements:` Nego/tiiaaJtteed�repairs/improvements shall be made in a good and workmanlike manner and
Buyer Initials MS.Seller Initial ! /�
/
Page 8 of 13
Association Form No.2T®Revised 7/2015 This standani form has been approved jointly by:North Carolina
Printed by Agreement with the NC Bar Association Noah Carolina Bar Association-NC Bar�[Form�No.Zr
North Carolina Association of Realtors®.Inc.-Staar)(�EtGEIED
DCM WILMINGTON, NC

Buyer shall have the right to verify same prior to Settlement.
(n) Seller's Failure to Comply or Breach: If Seller fails to materially comply with any of Seller's obligations under this
Paragraph 8 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 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.
9. 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) Taxes on Personal Property:Ad valorem taxes on personal property for the entire year shall be paid by Seller unless the
personal property is conveyed to Buyer,in which case,the personal property taxes shall be prorated on a calendar year basis;
(c).Rents:Rents,if any,for the Property;
(d)Dues:Owners'association regular aseeesments(dues)and other like charges.
10.HOME WARRANTY:Select one of the following:
1 No home warranty is to be provided by Seller.
❑Buyer may obtain a one-year home warranty at a cost not to exceed$ and Seller agrees to pay for it at Settlement.
0 Seller has obtained and will provide a one-year home warranty from
at a cost of$ and will pay for it at Settlement
(NOTE: Home warranties typically have limitations on and conditions to coverage. Refer specific questions to the home warranty
company.)
I I. 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.
12. 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
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.
13. 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.
14. POSSESSION: Possession, including all means of access to the Property (keys, codes, garage door openers, etc.). shall be
delivered upon Closing as defined in Paragraph 1(m)unless otherwise provided below:
Cl A Buyer Possession Before Closing Agreement is attached(Standard Form 2A7-T)
0 A Seller Possession After Closing Agreement is attached(Standard Form 2A8-T)
❑ Possession is subject to rights of tenant(s) (NOTE: Consider attaching Additional Provisions Addendum(Form 2A-11-T) or
#E"..---
Buyer Ini' ii1167 Seller Initial
Page 9 of 13
Association Form No.2T C Revised 712015 This standard form has been approved jointly by:North Carolina
Printed by Agreement with the NC Bar Association North Carolina Bar Association—NC Bar Form No.2T
North Carolina Association of Realtors®,Inc.—Standard t.p 2T'v E.
DCM WILMIINGTON, NC

Vacation Rental Addendum(Form 2A13-T))
15. OTHER PROVISIONS AND CONDITIONS: 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. NOTE: UNDER NORTH CAROLINA LAW, REAL ESTATE BROKERS ARE NOT PERMITTED TO
DRAFT CONDITIONS OR CONTINGENCIES TO THIS CONTRACT.
❑Additional Provisions Addendum(Form 2AI 1-T) ❑Loan Assumption Addendum(Form 2A6-T)
Cl Additional Signatures Addendum(Form 3-T) ❑New Construction Addendum(Form 2A3-T)
❑Back-Up Contract Addendum(Form 2A1-T) 0 Seller Financing Addendum(Form 2A5-T)
❑Contingent Sale Addendum(Form 2A2-T) 0 Short Sale Addendum(Form 2A14-T)
0 FHA/VA Financing Addendum(Form 2A4-T) 0 Vacation Rental Addendum(Form 2A13-T)
❑Lead-Based Paint Or Lead-Based Paint Hazard
Addendum(Form 2A9-T)
10 OTHER: prnparty is snid"as is"and seller will make no rppairS;Buyer Haynes F Sherrnn,,Jr is NC linens'i real estate.
hrnkizr(tice.nse#72550) Br iyer may assign this.onntract to an I I C cnntrnlied by_R►tyer
16. ASSIGNMENTS:This Contract may not be assigned without the written consent of all parties except in nnection 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.
I7.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.
18. 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.
19.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.
20. 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.
21. 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.and any fee,deposit or 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.
22.EXECUTION:This Contract may be signed in multiple originals or counterparts, all of which together constitute one and the
same instrument.
23.COMPUTATIO OF DAYS/TIME OF DAY:Unless otherwise provided,for purposes of this Contract,the term"days"shall
Buyer mill. Seller Initials
Page 10 of 13
Association Form No.2T©Revised 7/2015 This standard form has been approved jointly by:North Carolina
Printed by Agreement with the NC Bar Association North Carolina Bar Association—NC Bar Form No.2T
North Carolina Association of Realtors®,tnc.—Standard Form 2T
sb IVED
f t".M wu nniNir_Tnni tarn

mean consecutive calendar days, including Saturdays, Sundays, and holidays, whether federal, state, local or religious. For the
purposes of calculating days,the count of"days"shall begin on the day following the day upon which any act or notice as provided in
this Contract was required to be performed or made.Any reference to a date or time of day shall refer to the date and/or time of day in
the State of North Carolina.
THE NORTH CAROLINA ASSOCIATION OF REALTORS®, INC. AND THE NORTH CAROLINA BAR ASSOCIATION
MAKE NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN
ANY SPECIFIC TRANSACTION. IF YOU DO NOT UNDERSTAND THIS FORM OR FEEL THAT IT DOES NOT PROVIDE
FOR YOUR LEGAL NEEDS,YOU SHOULD CONSULT A NORTH CAROLINA REAL ESTATE ATTORNEY BEFORE YOU
SIGN IT.
This offer shall become a binding contract on the Effective Date. Unless specifically provided otherwise, Buyer's failure to timely
deliver any fee,deposit or other payment provided for herein shall not prevent this offer from becoming a binding contract,provided
that any such failure shall give Seller certain rights to terminate the contract as described herein or as otherwise permitted by law.
Date: 11—/7�� - Date: 1
Buyer: Seller:
F. // emer arhn
l!.t
Date: J�, Sr I 7 +✓ Date: •
Buyer: W�rl `" � Seller: _
J a B.Sherron usan artin
Entity Buyer: Entity Seller.
(Name of LLC/Corporation/PartnershipTfrust/etc.) (Name of LLC/Corporation/Partnersbipli'rust/etc.)
By: By:
Name: Name:
Title: Title:
Date: Date:
Buyer Initials Seller Initial /1"/
Page 11 of 13
Association Form No.2T(9 Revised 7R015 This standard form has been approved jointly by:North Carolina
Printed by Agreement with the NC Bar Association North Carolina Bar Association—NC Bar Form No.2T
North Carolina Association of Realtorse,Inc.— tC �(. I
DCM WILMINGTON. NC

DENR CAMA Daily Check Log for WIRO
Date
Date Deposite Check Receipt r
Received d Check From(Name) Name of Permit Holder Vendor Check Number amount Permit Number/Comments Refund/Realir
1/15/2016 1/19/2016 Clements Marine Construction Inc William Adams First Citizens Bank 4002 $400.00 GP 66199D JD rct.4002D
1/15/2016 1/19/2016 Backwaer Marine Construction Inc Irene Hoffman BB&T 2231 $200.00 GP 66265D SF rot.1604D
1/15/2016 1/19/2016 Allied Marine Contractors LLC Russel and Cynthia Davis B of A 8092 $200.00 GP 64728D SF rct.1603D
1/20/2016 1/21/2016 Kathi and Steven Todd same Wells Fargo 6917 $400.00 major fee,421 6th Street,SB,BrCo HS rot.1509D
1/20/2016 1/21/2016 Southern Coast marketing LLC Surf City Crab,INC Coming Federal Credit Union 1046 $100.00 mod fee,MP 108-14 JD rot.1569D
1/20/2016 1/21/2016 Armand and Phyllis Daniel Ben Barker(Holmes,Sherrill,Miller,Griffin) TD Bank 5341 $100.00 renewal fee,MP 10-03 RM rot.14570
1/20/2016 1/21/2016 Pippin Marine Construction LLC David and Suzanne Price Wells Fargo 3634 $200.00 GP 66266D RM rct.1458D
1/21/2016 1/21/2016 Land Management Group Inc Steve Malone First Bank 46275 $100.00 mod fee,MP 37-07 RM rct.1459D
1/21/2016 1/22/2016 F and S Marine Contractors Inc Robert Gibbons PNC Bank 5117 $100.00 renewal fee,MP 7-09 RM rct.1460D
1/22/2016 1/22/2016 MONTCO Charles Tilson Woodforest National Bank 2117 $400.00 GP 66251D HS rd.1511D
1/22/2016 1/22/2016 JRW/RDW Inc Ron Sindair First Bank 1140 $200.00 GP 66250D HS rd.1510D
1/22/2016 1/22/2016 F and S Marine Contractors Inc Joel Killion PNC Bank 5118 $250.00 major fee,250 RM rct.1461D
1/22/2016 1/27/2016 Maritech LLC Maritech,LLC B of A 2136 $400.00 GP 66252D HS rct.1512D
1/25/2016 1/27/2016 Atlantic Coast Industrial,LLC same BB&T 7568 $200.00 GP 66278D SF rd.1605D
1/25/2016 1/27/2016 Aqua North Carolina Inc same BB&T 1882 $400.00 GP 66279D RM rct 1462D
1/25/2016 1/27/2016 Stephen and Rebecca Crager same First Citizens Bank 5038 $200.00 GP 66276D JD rt.1571D
1/27/2016 1/27/2016 John and Janel Brogan same BB&T 1054 $200.00 GP 66204D JD rct.1166D
1/27/2016 1/27/2016 W.J.and Carolyn Knowles(via Pat Antinori) same Southern Bank 6554 $400.00 GP 66203D JD rot.1165D
1/27/2016 1/27/2016 Logan Marine LLC Crockers Landing Association Inc. Corning Federal Credit Union 1248 $200.00 GP 66280D RM rct.14630
1/27/2016 1/27/2016 Lighthouse Marine Construction Inc Gordon Maxwell B of A 5729 $600.00 GP 66205D JD rct.1167D
1/29/2016 1/29/2016 Clements Marine Construction Inc Rosario Cappello First Citizens Bank 4005 $400.00 GP 66277D JD rot.1572D
1/29/2016 1/29/2016 Backwater Marine Construction Inc Jim and Nancy Yeager BB&T 2181 $400.00 GP 66270D HS rot 1516D
1/29/2016 1/29/2016 Richardson Construction Alton"Butch"Sheffield BB&T 6250 $800.00 GP 66268D @$200 HS rat.1514D
Tom Earnhardt GP 66267D @$600 HS rot.1513D
1/29/2016 1/29/2016 Milligans Docks&Bulkheads/Joseph&Lara Milligan Paula Wise NewBridge Bank 6255 $200.00 GP 66269D HS rot 1515D
2/2/2016 2/4/2016 Charles Riggs&Assoc Jerrold Schuett First Citizens Bank 14394 $100.00 minor fee,502 S.Shore Drive,SC PN JD rot 1573D
2/4/2016 2/4/2016 TI Coastal Services,Inc. Chris Gibson for Ted Kaniuka Coming Federal Credit Union 739 $400.00 GP 66285D JD rot 1574D
2/5/2016 Mike Conard/Coastal Marine Construction Inc Bryan Batten First Bank 10083 $600.00 GP 66288D .
2/5/2016 Peter Mueller/Larry Naylor Farms Inc. Larry Naylor Southern Bank 2454 $600.00 GP 66118D 3+rot 11700
2/5/2016 Daniel Shirley/Overbeck Marine Construction Inc Joe Green SunTrust 4571 $250.00 major fee,401 N.Lumina Ave,WB NHCo 'M rot.1464D
2/5/2016 Robbie Morgan/BOKF Money Order Emily Kelly BOKF,NA R206357391141 $200.00 GP 66208D D rot.1169D
2/5/2016 Ronald Boyd/R&B Enterprises Inc Ronald Boyd BB&T 7083 $100.00 minor fee,224 Simmons Rd Wilm PN s rot.1729D
2/5/2016 Mark Schmidt/Schmidt Custom Builders Robert Park&Susan Hastings BB&T 3417 $100.00 minor fee,Lot 21 The Peninusla SC PN 9 rot.1728D
2/5/2016 Kenny Volrath/Future Homes Ent.Inc Larry Norris BB&T 35936 $100.00 minor fee,1053 First St.,SC Ons JD.Rct.1575E
2/5/2016 Mark Clements/Clements Marine Construction Mark Ackerman First Citizens Bank 4014 $200.00 GP 66293D JD rot.1727D
2/5/2016 Mark Clements/Clements Marine Construction Kevin Smith First Citizens Bank 4013 $200.00 GP 66292D D rot. 1726D
2/5/2016 Henry Paula same Wells Fargo 8118 $250.00 major fee,701 W.Nassau,Hampstead PN D rot. . !!
2/8/2016 Randy Mosley/Allied Marine Contractors LLC Kevin Swenie B of A 8151 $1,000.00 GP 66287D @$200 M r,,.
Bryant Bedingfield GP 66286D @$200
Chris Bouldin GP 66281 D @$600
2/8/2016 Elizabeth Hamme/High Tides II Inc Robert Hendrix B of A 2173 $200.00 GP 66295D JD rct.1731 D
2/9/2016 Julia&Frank Sherron/Sherron&Assoc.Real Estate same BB&T 1300 $100.00 minor fee,406 Evelyn Lane,TB PN JD rot.1732D

3'-0". 3'-0"
1 ( DOWN SPOUT
1RMWATER CONTROL CALCULATIONS ` x
1.5" OF RAINFALL IN 24 HOURS. / <
)F AREA
AL = APPROX. 2208 SQ. FT.
UME1.5" RAIN IN24 HOURS ON ROOF — 5
3/8 = 276 CU. FT. Area
1 VOLUME ,, 2208 SF
CU. FT./40% VOID SPACE IN STONE = 690 CU. FT. r,,
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SIZE Ar-1=i4s. -x -a -�4
'y'xe1` 1 rrxs4 �xs4'x r1Yr i-' rar 1 , r x=D @ 2'D x 3'W x 58'L = 696 CU. FT. Lo, '.-"I'''''''''''''''''''''''''` 1" - aT4'', „ s; 4
CU. FT. PROVIDED 690 CU. FT. REQUIRED / \
}
.�„ O
I
4" PLASTIC PIPE 1
I i !
67\
DRAIN BED 6" PERF. PIPE
SELECT FILL
DRAINBED SECTION " TE LINE BED WITH FILTER
i e P PERRFF ORRAATED PIPE FABRIC ALL SIDES
_..___::7/
NOT TO SCALE 4. `�. i
-.),' /
ti B
A=3B-1 '-4"
ASTM #4 STONE OR C=2'-6"
#57 STONE // A / D=6"
L= 58'
INSTALLATION NOTE: ROOF WATER COLLECTED BY GUTTERS AND