36-22TX CB 980 LLC

Permit Class Permit Number
TRANSFER 36-22
STATE OF NORTH CAROLINA
Department of Environmental Quality
and
Coastal Resources Commission
for
X Major Development in an Area of Environmental Concern
pursuant to NCGS 113A-118

X Excavation and/or filling pursuant to NCGS 113-229

Issued to CB 980 LLC., 1314 S. Croatan Hwy #301, Kill Devil Hills, NC 27949
Authorizing development in Currituck County at adj. to Currituck Sound, at 980 Cruz Bay
Court, in Corolla , as requested in the permittee’s application dated 10/11/21,
including attached workplan drawing (1), Sheet 1 of 1 dated 11/3/21.
This permit, issued on May 25, 2022 , is subject to compliance with the application (where
consistent with the permit), all applicable regulations, special conditions and notes set forth below. Any violation
of these terms may be subject to fines, imprisonment or civil action; or may cause the permit to be null and void.

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 accessible on-site to Department
personnel when the project is inspected for compliance.

Any maintenance work or project modification not covered
hereunder requires further Division approval.

All work must cease when the permit expires on

December 31, 2025

In issuing this permit, the State of North Carolina agrees that
your project is consistent with the North Carolina Coastal
Management Program.
Signed by the authority of the Secretary of DEQ and the Chair
of the Coastal Resources Commission.

Braxton C. Davis, Director
Division of Coastal Management

This permit and its conditions are hereby accepted.

Signature of Permittee

Single Family Residence with Section 404 Wetland Fill

1) Unless specifically altered herein, this permit authorizes the grading and other land disturbing
activities associated with the development of the above referenced property, including the homesite,
driveway, pool, and other associated infrastructure, and approximately 3,752 ft2 of Section 404
wetland fill, all as expressly and specifically set forth in the attached permit application and workplan
drawings.

(See attached sheet for Additional Conditions)

Debbie Gabbert Permit No. 36-22
Page 2 of 2

ADDITIONAL CONDITIONS

Sedimentation and Erosion Control

2) In order to protect water quality, runoff from construction shall not visibly increase the amount of
suspended sediments in adjacent waters.

3) Appropriate sedimentation and erosion control devices, measures or structures shall be implemented to
ensure that eroded materials do not enter adjacent wetlands, watercourses or properties.

General

4) If a court of competent jurisdiction determines that a party other than the permittee has legal title to any
part of the area approved for development under this permit, this permit shall be null and void as to the
area the court determines is not owned by the permittee. This condition shall take effect on the date such
court judgment becomes final. In such event, the permittee shall consult DCM prior to initiating or
continuing any further development under this permit.

5) This permit shall not be assigned, transferred, sold, or otherwise disposed of to a third party without the
written approval of the Division of Coastal Management.

6) All construction debris associated with the removal or construction of the permitted development shall
be contained within the authorized project area and disposed of in an approved upland location.

7) The permittee and/or his or her contractor shall meet with a representative of the Division prior to
project initiation.

NOTE: This permit does not eliminate the need to obtain any additional state, federal or local permits,
approvals or authorizations that may be required, including but not limited to any authorizations
from the U.S. Army Corps of Engineers.

NOTE: The U.S. Army Corps of Engineers has assigned the proposed project SAW Action Id. No.
2022-00744.

NOTE: The N.C. Division of Water Resources authorized the proposed project by way of General Water
Quality Certification 4175 and assigned the project DWR Project No. 2021-1673.
NOTE: Future development of the permittee’s property may require a modification of this permit.
Contact a representative of the Division at [phone] prior to the commencement of any
such activity for this determination. The permittee is further advised that many non-water
dependent activities are not authorized within 30 feet of the normal water level.

NOTE: An application processing fee of $400 was received by DCM for this project. This fee also
satisfied the Section 401 application processing fee requirements of the Division of Water
Resources.
ROY COOPER
Governor
ELIZABETH S. BISER
Secretary
BRAXTON DAVIS
Director
MEMORANDUM
NORTH CAROLINA
Environmental Quality
TO: Gregg Bodnar, Assistant Major Permits Coordinator
Division of Coastal Management, Morehead City
FROM: Robert Corbett, Coastal Management Representative, NE District, DCM
THROUGH: Ron Renaldi, District Manager, NE District, DCM f -
DATE: 5-18-2022
SUBJECT: Major Permit 36-22 to Debbie Gabbert for Activity located at 980 Cruz Bay
Court, Currituck County; Request for Transfer
REFERENCE: (a) Letter from Name to Recipient, dated 5-11-2022, rec'd. 5-16-2022
(b) 15A NCAC 073.0406(c) Permit Issuance and Transfer
The request for transfer of this major permit has been reviewed pursuant to the provisions of
reference (b). Reference (a) provided the required written request.
2. A deed for this property, showing the new party as having the sole legal right to develop the
project has been provided, copy of which is attached.
3. The applicant transferee has indicated to us that the permit will be used for the purposes for
which it was issued.
4. No substantial changes in conditions, circumstances, or facts affecting the project have been
proposed or taken place.
No substantial change or modification of the project as proposed in the original application
has been requested or asserted.
It is recommended that a transfer of this permit to CB 980 LLC. be granted.
The required fee of $100, paid by check #7111, was received on 5-16-2022.
8. Also attached is a copy of the subject permit, and the Transfer request letter.
RR/rwc
Attachments
D E Q2� North Carolina Department of Environmental Quality I Division of Coastal Management
Elizabeth city Office 1 401 South Griffin Street, Suite 300 1 Elizabeth City, North Carolina 27909
ua.mmTM.a�'�'wne„+.e,.Muaaar� 252.264.3901

Quible
Quible & Associates, P.C.
ENGINEERING • ENVIRONMENTAL SCIENCES • PLANNING • SURVEYING
SINCE 1959
May 11, 2022
Mr. Robert Corbett
NC Division of Coastal Management
401 South Griffin Street, Suite 300
Elizabeth City, NC 27909
RE: Transfer of CAMA Major 36-22
Dear Mr. Corbett:
VN' t,E . E ` I V E D
MAY 1 6 202Z
P.O. Drawer 870
Kitty Hawk NC 27949
Phone: [phone]
Fox: 252-491-8146
web: quide com
I am writing to request the transfer of CAMA Major #36-22 (the "Permit"), originally issued to
Debbie Gabbert. The Permit was issued on 4/8/2022 for home construction that includes minor
Section 404 impacts. This request involves a transfer from the Original Permittee (Contracted
Purchaser) to the existing Landowner. Based on our discussions, it is understood that the
permit must be transferred to the current owner's name since the construction work will
commence and will be completed before the ownership transfers.
Original Permittee (Current Contracted Purchaser):
• Current Permit Holder: Debbie Gabbert
• Mailing Address: 6 Palmetto Lane, Southern Shores, NC 27949
• Phone: [phone]
• Email: debbiecgabbertQgmail.com
Proposed Permittee (Current Owner):
• Proposed Permit Holder: CB 980, LLC (Attn: Prem Gupta)
• Mailing Address: 1314 S. Croatan Hwy #301, Kill Devil Hills, NC 27948
• Phone: [phone]
• Email: pguptaQicrsaga.com
There has been no substantial change in conditions, circumstances, or facts affecting the
project and no substantial change or modification of the project as proposed in the original
application. Enclosed with this Permit Transfer Request is the following:
• Permit Transfer Fee ($100)
• CAMA Major Permit Transfer Authorization Statement (436-22)
• Copy of Current Permit
• Deed Verifying Existing Ownership

Existing Contract
If you have any questions regarding this permit transfer request, please contact me at (252)
491-8147 or [e-mail].
Sincerely,
Quible & Associates, P.C.
Brian D. Rubino
CC: Gregg Bodnar, NCDCM Major Permits Coordinator (by email)
RECEIVED
MAY 1 6 2022
I

NC Division of Coastal Management
Cashier's Official Receipt 1% 4 8 C D
Received From: Cz�ble i- A%cc c+p-e RC -
Permit No.:
Applicant's
Project Address:
C
Date: J 1-7- 202�2—
$ICL..00
Check No.: ` l
�LC� County: �rn-I l i LC
Please retain receipt for your records as proof of payment for permit issued.
Signature of Agent or Applicant: `r s r 6 e5 Date:
Signature of Field Representative: Date:

DocuSign Envelope ID: B58FA8D0-28A7-40BE-97C8-366D52BD48FA
CAMA Major Permit Transfer Authorization (#36-22)
As the Permittee and Contracted Purchaser, I authorize a permit transfer for the above listed
CAMA Major Permit as per 15A NCAC 07J .0406 PERMIT ISSUANCE AND TRANSFER. And,
I authorize Quible & Associates, P.0 to act as agent for the purpose of this transfer.
Name: Debbie Gabbert
Signature: t�,_ 11Date: `J
As the existing Owner who will maintain ownership until home construction is complete, I
authorize a permit transfer for the above listed CAMA Major Permit as per 15A NCAC 07J .0406
PERMIT ISSUANCE AND TRANSFER. And, I authorize Quible & Associates, P.0 to act as
agent for the purpose of this transfer and any subsequent permit modifications.
Name: Prem Gupta Corporation: CB 980, LLC
Docu3igneE by:
Signature: Pam+ a Date:
30AWCDBEUE433...
5/11/2022
C 'E I V D
MAY 1 6 T.022
DCpC

ROY COOPER
Governor
ELIZABETH S. BISER
Secretory
BRAXTON DAVIS
Director
NORTH CAROLINA
Environmental Quality
The enclosed permit constitutes authorization under the Coastal Area Management Act, and
where applicable, the State Dredge and Fill Law, for you to proceed with your project proposal subject to
the conditions shown on the permit. The original (buff -colored form) is retained by you and must be
available on site when the project is inspected for compliance. Please sign both the original and the copy
and return the copy to this office by mail or email a scanned copy to dcnmuhc.adminsldnc_,,_denrgo_v.
Signing the permit and proceeding means you have waived your right of appeal described below.
If you object to the permit or to any of its conditions, you may request a contested case hearing
pursuant to NCGS 113A-121.1 or 113-229. Your petition for a hearing must be filed in accordance with
N.C.G.S. Chapter 150B with the Office of Administrative Hearings, 6714 Mail Service Center, Raleigh,
NC 27611-6714, [phone] within twenty (20) days of this decision on your permit. Information
about this process can be found at: https:/!www.oali.lic.kov/hearings-division. You should also be aware
that an interested party may submit an objection to the issuance of this permit within twenty (20) days
pursuant to N.C.G.S.113A-121.1(b).
The project plan is subject to those conditions appearing on the permit form. Otherwise, all work must be
carried out in accordance with your application. Modifications, time extensions, and future maintenance
requires additional approval. Please read your permit carefully prior to starting work and review all
project plans, as approved. If you are having the work done by a contractor, it would be to your benefit to
be sure that they fully understand all permit requirements. To facilitate this, we request that you
contact your DCM Field Representative via email just prior to work initiation. Your field
representative contact information Robcrl.Corben L ncdenngov
Department personnel will visit the project site to ensure compliance with this permit. If
questions arise concerning permit conditions, environmental safeguards, or problem areas, you may
contact Department personnel at any time for assistance. By working in accordance with the permit, you
will be helping to protect our vitally important coastal resources.
Sincerely,
zl/lam
Jonathan Howell
Major Permits Coordinator
N.C. Division of Coastal Management
MAY 1 6 2622
DC-C
North Carolina Department of Environmental Quality I Division of Coastal Management
Morehead CityOffice 1400 Commerce Avenue I Morehead City. North Carolna 28557
AT\9V 252.515.5400

Permit Class
-
Permit Number
NEW
36-22
STATE OF NORTH CAROLINA
Department of Environmental Quality
and
Coastal Resources Commission
V erm 1" t
for
1 6 2p11 X Major Development in an Area of Environmental Concern
aV pursuant to NCGS I I3A-118
'_-'AA-
rr piX Excavation and/or filling pursuant to NCGS 113-229
Issued to Debbie Gabbert, 6 Palmetto Lane, Southern Shores NC 27949
Authorizing development in Currituck County at adi. to Currituck Sound, at 980 Cruz Bay
Court, in Corolla as requested in the permittee's application dated 10/11/21,
including attached workplan drawing (1), Sheet 1 of 1 dated 11/3/21.
This permit, issued on April 8, 2022 , is subject to compliance with the application (where
consistent with the permit), all applicable regulations, special conditions and notes set forth below. Any violation
Di mese terms may oe subject to Imes, imprisonment or civil action; or may cause the permit to be null and void
Single Family Residence with Section 404 Wetland Fill
I) Unless specifically altered herein, this permit authorizes the grading and other land disturbing
activities associated with the development of the above referenced property, including the homesite,
driveway, pool, and other associated infrastructure, and approximately 3,752 ftz of Section 404
wetland fill, all as expressly and specifically set forth in the attached permit application and workplan
drawings.
(See attached sheet for Additional Conditions)
This permit action may be appealed by the permit ee or other
qualified persons within twenty (20) days of the issuing date.
This permit must be accessible on -site to Department
personnel when the project is inspected for compliance.
Any maintenance work or project modification not covered
hereunder requires further Division approval.
All work must cease when the permit expires on
December 31, 2025
In issuing this permit, the State of North Carolina agrees that
your project is consistent with the North Carolina Coastal
Management Program.
Signed by the authority of the Secretary of DEQ and the Chair
of the Coastal Resources Commission.
Braxton C. Davis, Director
Division of Coastal Management
This permit and its conditions are hereby accepted.
Signature of Petmittee

' - l
Debbie Gabbert Permit No. 36-22
�. y Page 2 of 2
ADDITIONAL CONDITIONS
MAY 1 6 202Z
(` Sedimentation and Erosion Control
2) In order toyrdfebT l �J[� dterQuality, runoff from construction shall not visibly increase the amount of
suspended sediments in adjacent waters.
3) Appropriate sedimentation and erosion control devices, measures or structures shall be implemented to
ensure that eroded materials do not enter adjacent wetlands, watercourses or properties.
General
4) If a court of competent jurisdiction determines that a party other than the permittee has legal title to any
part of the area approved for development under this permit, this permit shall be null and void as to the
area the court determines is not owned by the permittee. This condition shall take effect on the date such
court judgment becomes final. In such event, the permittee shall consult DCM prior to initiating or
continuing any further development under this permit.
5) This permit shall not be assigned, transferred, sold, or otherwise disposed of to a third party without the
written approval of the Division of Coastal Management.
6) All construction debris associated with the removal or construction of the permitted development shall
be contained within the authorized project area and disposed of in an approved upland location.
7) The permittee and/or his or her contractor shall meet with a representative of the Division prior to
project initiation.
NOTE: This permit does not eliminate the need to obtain any additional state, federal or local permits,
approvals or authorizations that may be required, including but not limited to any authorizations
from the U.S. Army Corps of Engineers.
NOTE: The U.S. Army Corps of Engineers has assigned the proposed project SAW Action Id. No.
2022-00744.
NOTE: The N.C. Division of Water Resources authorized the proposed project by way of General Water
Quality Certification 4175 and assigned the project DWR Project No. 2021-1673.
NOTE: Future development of the permittee's property may require a modification of this permit.
Contact a representative of the Division at [phone] prior to the commencement of any
such activity for this determination. The permittee is further advised that many non -water
dependent activities are not authorized within 30 feet of the normal water level.
NOTE: An application processing fee of $400 was received by DCM for this project. This fee also
satisfied the Section 401 application processing fee requirements of the Division of Water
Resources.

_.. I--- .— . ._. N ,/ __.-.. — .--
This Document eRecorded: 03/23/2020
Tax: $154.00 Fee: $26.00
Currituck County, North Carolina
�0 Denise A. Hall, Register of Deeds
j<1
`�
V1,
09:18:09 AM
MAY 1 6 2022
Currituck, munty Land Transfer Tax: 770.00 County Excise Tax: 1955 Sessions Law Chapter 670 (HB 215)
This certifies Qt here are no delinquent taxes which the Currituck County Tax Collector is charged with collecting,
that are lien on the property described in this deed, as of the date of this certification.
Date: 03/23/20 ax Collector/Deputy/Clerk: Deanna Spruill
O SPECIAL WARRANTY DEED
Parcel: 115000350000
Revenue Stamk$154.00
❑ If check ✓✓ed�e property includes the primary residence of at least one of the parties
depicted as party of the first part. (N.C. Gen. Stat. § 105-317.2)
STATE OF NORTH CtSOLINA
COUNTY OF CUR"
THIS SPECI* WARRANTY DEED, made and entered into this the,.-,bb�day
of March 2020 by and betwe t\r NORTHEASTERN NORTH CAROLINA PROPERTIES
COROLLA SOUNDSIDE, LLCQ_ #orth Carolina limited liability company, party of the first
part (the address of the parties of thfA st part is: 6001 Harbour View Blvd., Suffolk, VA
3435) 2; and CB 980, LLC, party of the second part (the address of the patty of the second part is:
WIT(l+]ESSETH:
That the party of the first part *-onsideration of the sum of Ten and No/100
Dollars ($10.00) and other good and valuable c�jderations paid to the party of the first part by
the party of the second part, the receipt and suffic��i✓✓d&y of which hereby are acknowledged, has
Prepared by Ward and Smith, P.A., 127 Racine Drive, Upi ersity Corporate Center (28403), Post
Office Box 7068, Wilmington, NC 28406-7068
Please return to Gray & Lloyd, LLP p
Attention: E. Crouse Gray, Jr. XA-\
XAA
No opinion on title is rendered by Ward and Smith, P.A., withokl 'Nseparate written opinion on
title from Ward and Smith, P.A. NN
This instrument prepared by Samuel R Franck a licensed North CapgPa attorney. Delinquent
taxes, if any, to be paid by the closing attorney to the county tax collector upon disbursement of
closing proceeds. T
submitted electronically by "Gray & Lloyd, LLP" n
in compliance with North Carolina statutes governing recordable d0c nts
and the terms of the submitter agreement with the Currituck county R�gjster of Deeds.
1.

�0
MAY 1 5 2022
6
granted, wined, sold and conveyed and by these presents does grant, bargain, sell and convey
unto the Pa*,f the second part, said party's successors and assigns, the following described
property to wd
Aat certain tract or parcel of land lying and being situate in
Currituck County, North Carolina, and being more particularly
described on Exhibit A attached hereto and incorporated herein by
reference.,
This con' ce is made subject to easements of record or on the
ground, reset five covenants of record, zoning ordinances
affecting the?i%perty, matters of record and of survey as of
December 3, 209, and valorem taxes for the current year, which
taxes the party dele second part, by acceptance of this deed, does
agree to pay. 0 ,
TO HAVE AND T�;OLD said property and all privileges and appurtenances
thereunto belonging to the party of the second part, said party's successors and assigns, forever.
And the party of the first'it covenants that said party has done nothing to affect
such title to the aforesaid property as was rr(bjgi,ved by said party and, subject to the matters set
forth above, agrees to warrant and defend th`� c to said property against the lawful claims of all
persons claiming by, through or under said p `tiarkut no further.
IN TESTIMONY WHEREOF, the Arty of the first part has caused this
instrument to be executed under seal in such form as to be binding, this the day and year first
above written. G
NORTH TE *RTH CAROLINA (SEAL)
PROPS TIES C 6A SOUNDSIDE, LLC
By: —
Name: Charlie Maiorana
Title: Manager

■►
STATE
C �+4 ,
I certify that t!
that he signed th
therein: Charlie
Soundside. LLC
person personally appeared before me this day, acknowledging to me
g document for the purpose(s) stated therein, in the capacity indicated
Date: 31A )U?-c _
O
`A -I
`C111
120526-00005
ND: 4818-5010-5270, V. 1
Signature
Notary's printed or typed name u
My commission expires: ".5' 3 1 - oi-y
rr _ar within this box.
�0
`C10
m l v a ZU2Z
tf I --- C
10
0
�t.

l�
EXHIBIT A
O
All that certain tract or parcel of land lying and being situate in Currituck County, North
Carolina, and being more particularly described as follows:
that certain lot or parcel of land designated and being Lot 35, as shown on that map or plat
e ed in part "Monteray Shores P.U.D. Phase III Corolla Bay, Poplar Branch Township,
C ' ck County, North Carolina" by Coastal Engineering & Surveying, Inc. as recorded in Plat
Cabinet J, Slides 198 through 200, Currituck County Public Registry, reference to which is hereby
made f& more complete and concise description of the lands being herein conveyed.
O

Authentlsign ID: 195D5F46-BD7B-4248-ADB4-CAFB5BA945C1
,C D
OFFER TO PURCHASE AND CONTRACT
[Consult "Guidelines" (Form 2G) for guidance in completing this form] MAY , g 2022
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"). DC /j_EC
1. TERMS AND DEFINITIONS: The terms listed below shall have the respective meaning given them as set forth adjacent to
each term.
(a) "Seller": CB 980 LLC
(b) 'Buyer":
Debbie Gabbert
(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 2A1 I-T) with this offer.
Street Address: 980 Cruz Bay Court
City: Corolla Zip: 27927
County: Currituck 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 Lot 35 Block/Section Section I , Subdivision/Condominium Corolla Bay Section 1
, as shown on Plat Book/Slide J at Page(s) 198
The PIN/PID or other identification number of the Property is: PARID: 115E00000350000
Other description: Global Pin 9936-42-5110
Some or all of the Property may be described in Deed Book 1526 at Page 0424
(d) "Purchase Price":
$ 1,878,000.00 paid in U.S. Dollars upon the following terms:
$ na BY DUE DILIGENCE FEE made payable and delivered to Seller by the Effective Date
by ❑ cash ❑ personal check ❑ official bank check ❑ wire transfer
❑ electronic transfer (specify payment service: na )
$ na 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 ❑ by the Effective Date OR ❑ within five (5)
days of the Effective Date of this Contract.
$ na BY (ADDITIONAL) EARNEST MONEY DEPOSIT made payable and delivered to Escrow
Agent named in Paragraph I(f) by cash, official bank check, wire transfer or electronic
transfer no later than 5 p.m. on Will
TIME BEING OF THE ESSENCE by cash official bank check ❑ wire transfer
❑ electronic transfer
$ na 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).
$ na BY SELLER FINANCING in accordance with the attached Seller Financing Addendum
(Standard Form 2A5-T).
$ no BY BUILDING DEPOSIT in accordance with the attached New Construction Addendum
(Standard Form 2A3-T).
$ 1,878,000.00 BALANCE of the Purchase Price in cash at Settlement (some or all of which may be paid
with the proceeds of a new loan).
If the parties agree that Buyer will pay any fee or deposit described above by electronic transfer, Seller agrees to cooperate in effecting
such transfer, including the establishment of any necessary account and providing any necessary information to Buyer, provided,
however, Buyer shall be responsible for additional costs, if any, associated with such transfer.
Page 1 of 15
113 This form jointly approved by: STANDARD FORM 2-T
North Carolin ar ssociafion r Revised 7/2021
ae 77. North Carolina Asiotiation of REALTORSO IQ/,� 07/2021
SAGA Really and Construction, 6445 N Croaten llighway, Unit B Kitty Hawk NC 27949 Phone: [phone] Faz: 990 Cruz Bay Ct,
Tammy Ayeoek Produced with Lon. Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.wm

Aulhentlalgn ID: 195D5F46-BD7B-4248-ADB4-CAFB5BA945C1
Should Buyer fail to deliver either the Due Diligence Fee or any Initial Earnest Money Deposit by their due dates, or should any
check or other funds paid by Buyer be dishonored, for any reason, by the institution upon which the payment is drawn, Buyer
shall have one (1) banking day after written notice to deliver cash, official bank check, wire transfer or electronic transfer to the
payee. In the event Buyer does not timely deliver the required funds, Seller shall have the right to terminate this Contract upon
written notice to Buyer, and Seller shall be entitled to recover the Due Diligence Fee together with all Earnest Money Deposit
paid or to be paid in the future. In addition, Seller may be entitled to recover reasonable attorney fees and court costs. See
paragraph 23 for a party's right to attorneys' fees incurred in collecting the Earnest Money Deposit or Due Diligence Fee.
(e) "Earnest Money Deposit": The Initial Earnest Money Deposit, the Additional Earnest Money Deposit and any other earnest
monies paid or required to be paid in connection with this transaction, collectively the "Earnest Money Deposit", shall be
deposited promptly and held in escrow by Escrow Agent until Closing, at which time it will be credited to Buyer, or until this
Contract is otherwise terminated. In the event: (1) this offer is not accepted; or (2) a condition of any resulting contract is not
satisfied, then the Earnest Money Deposit shall be refunded to Buyer. See paragraph 23 for remedies in the event of breach of this
Contract.
(f) "Escrow Agent" (insert name): none none
Buyer and Seller consent to disclosure by the Escrow Agent of any material facts pertaining to the Earnest Money Deposit to the
parties to this transaction, their real estate agent(s) and Buyer's lender(s).
NOTE: In the event of a dispute between Seller and Buyer over the disposition of the Earnest Money Deposit held in escrow, a
licensed real estate broker ("Broker") is required by state law (and Escrow Agent, if not a Broker, hereby agrees) to retain the
Earnest Money Deposit in the Escrow Agent's trust or escrow account until Escrow Agent has obtained a written release from the
parties consenting to its disposition or until disbursement is ordered by a court of competent jurisdiction. Alternatively, if a Broker or
an attorney licensed to practice law in North Carolina ("Attorney") is holding the Earnest Money Deposit, the Broker or Attorney
may deposit the disputed monies with the appropriate clerk of court in accordance with the provisions of N.C.G.S. §93A-12.
THE PARTIES AGREE THAT A REAL ESTATE BROKERAGE FIRM ACTING AS ESCROW AGENT MAY PLACE THE
EARNEST MONEY DEPOSIT IN AN INTEREST BEARING TRUST ACCOUNT AND THAT ANY INTEREST EARNED
THEREON SHALL BE DISBURSED TO THE ESCROW AGENT MONTHLY IN CONSIDERATION OF THE EXPENSES
INCURRED BY MAINTAINING SUCH ACCOUNT AND RECORDS ASSOCIATED THEREWITH.
(g) "Effective Date": The date that: (1) the last one of Buyer and Seller has signed or initialed this offer or the final
counteroffer, if any, and (2) such signing or initialing is communicated to the party making the offer or counteroffer, as the case
may be. The parties acknowledge and agree that the initials lines at the bottom of each page of this Contract are merely evidence
of their having reviewed the terms of each page, and that the complete execution of such initials lines shall not be a condition of
the effectiveness of this Agreement.
(h) "Due Diligence": Buyer's opportunity to investigate the Property and the transaction contemplated by this Contract,
including but not necessarily limited to the matters described in Paragraph 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 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 23(b) or as otherwise provided in any
addendum hereto. Buyer and Seller each expressly waive any right that they may have to deny the right to conduct Due Diligence
or to assert any defense as to the enforceability of this Contract based on the absence or alleged insufficiency of any Due
Diligence Fee, it being the intent of the parties to create a legally binding contract for the purchase and sale of the Property
without regard to the existence or amount of any Due Diligence Fee. See paragraph 23 for a party's right to attorneys' fees
incurred in collecting the Due Diligence Fee.
(j) "Due Diligence Period": The period beginning on the Effective Date and extending through 5:00 p.m. on
duly 1.2022 TIME BEING OF THE ESSENCE.
(k) "Settlement": The proper execution and delivery to the closing attorney of all documents necessary to complete the
transaction contemplated by this Contract, including the deed, settlement statement, deed of trust and other loan or conveyance
documents, and the closing attorney's receipt of all funds necessary to complete such transaction.
(1) "Settlement Date": The parties agree that Settlement will take plat ^ "ter CO is received
(the "Settlement Date"), unless otherwise agreed in writing, at a time anJi c a r.
MAY 1 6 2022
Page 2 of 15
��a n�yA•/e STANDARD FORM2-T
��yy11 �y1 `'1f, �" C Revised 7/2021
Buyers initials Ct°J Seller's initials°J © 7/2021
Produced with Lone Wolf Transactions (zifform Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolrcom 980 Cruz Bay Cy

Authentisign ID: 19SD5F46.BD7B.4248-ADB4-CAFBSBA945C1
NOTE: See paragraph 12, DELAY IN SETTLEMENT/CLOSING for conditions under which Settlement may delayed.
(m) "Closing": The completion of the legal process which results in the transfer of title to the Property from Seller to Buyer,
which includes the following steps: (1) the Settlement (defined above); (2) the completion of a satisfactory title update to the
Property following the Settlement; (3) the closing 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 12 (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.
NOTE: Buyer's and Seller's respective responsibilities for the payment of Special Assessments are addressed in paragraphs 6(a)'I
and 8(k).
2. FIXTURES AND EXCLUSIONS.
WARNING: THE PARTIES SHOULD NOT ASSUME THAT AN ITEM WILL OR WILL NOT BE INCLUDED IN THE
SALE BASED ON AN ORAL OR WRITTEN STATEMENT OR UNDERSTANDING THAT IS NOT A PART OF THIS
CONTRACT. BUYER AND SELLER SHOULD BE SPECIFIC WHEN NEGOTIATING WHAT ITEMS WILL BE
INCLUDED OR EXCLUDED FROM THE SALE.
(a) Fixtures Are Included in Purchase Price: ALL EXISTING FIXTURES ARE INCLUDED IN THE SALE AS PART OF THE
PURCHASE PRICE, FREE OF LIENS, UNLESS EXCLUDED IN SUBPARAGRAPHS (d) OR (e).
`h M C L I OP D
MAY 1 6 2022
[THIS SPACE INTENTIONALLY LEFT BLANK]
DldM—EC
Page 3 of 15
STANDARD FORM 2-T
1 C�11 Revised 7/2021
Buyers initials k1l Sellers initials p°l © 7/2021
Produced with Lone Wolf Transactions (ApFonn Edition) 717 N Harwood St, Suite 2200, Dallas, Tx 75201 www.Iwolf.cum 980 Cruz Bay CI,

Authentisign ID: 195DSF46.BD7B.4248-ADB4.CAFB5BA945C1
(b) Specified Items: Buyer and Seller agree that the following items, if present on the Property on the date of the offer, shall be
included in the sale as part of the Purchase Price free of liens, unless excluded in subparagraphs (d) or (e) below. ALL ITEMS
LISTED BELOW INCLUDE BOTH TRADITIONAL AND "SMART" VERSIONS AND ANY EXCLUSIVELY DEDICATED,
RELATED EQUIPMENT AND/OR REMOTE CONTROL DEVICES.
• Alarm and security systems (attached) for security, fire,
smoke, carbon monoxide or other toxins with all related
access codes, sensors, cameras, dedicated monitors, hard
drives, video recorders, power supplies and cables;
doorbells/chimes
• All stoves/ranges/ovens; built-in appliances; attached
microwave oven; vent hood
• Antennas; satellite dishes and receivers
• Basketball goals and play equipment (permanently attached
or in -ground)
• Ceiling and wall -attached fans; light fixtures (including
existing bulbs)
•r Fireplace insert; gas logs or starters; attached fireplace
screens; wood or coal stoves
• Floor coverings (attached)
• 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. 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. NOTE: State law provides that it is
unlawful for any person, other than the supplier or the
owner of a fuel supply tank, to disconnect, interrupt or fill
the supply tank with liquefied petroleum gas (LP gas or
propane) without the consent of the supplier.
• Garage door openers
• Generators that are permanently wired
• Invisible fencing with power supply
• Landscape and outdoor trees and plants (except in
moveable containers); raised garden; landscape and
foundation lighting; outdoor sound systems; permanent
irrigation systems; rain barrels; landscape water features;
address markers
• Mailboxes; mounted package and newspaper receptacles
• Mirrors attached to walls, ceilings, cabinets or doors; all
bathroom wall mirrors
• Storage shed; utility building
• Swimming pool (excluding inflatable); spa; hot tub
• Solar electric and solar water heating systems
• Sump -pumps, radon fans and crawl space ventilators; de-
humidifiers that are permanently wired
• Surface -mounting brackets for television and speakers;
recess -mounted speakers; mounted intercom system
• Thermostats
• Water supply equipment, including filters, conditioning and
softener systems; re -circulating pumps; well pumps and
tanks
• Window/Door blinds and shades, curtain and drapery rods
and brackets, door and window screens and combination
doors, awnings and storm windows
(c) Unpairing/deleting data from devices: Prior to Closing, Seller shall "unpair" any devices that will convey from any personal
property devices (hubs, intelligent virtual assistants, mobile devices, vehicles, etc.) with which they are paired, delete personal data
from any devices that will convey, and restore all devices to factory default settings unless otherwise agreed. Seller's obligations under
this paragraph 2(c) shall survive Closing.
NOTE: ANY FIXTURE OR OTHER ITEM DESCRIBED IN SUBPARAGRAPHS (a) AND (b) THAT WILL NOT BE A
PART OF THE SALE SHOULD BE IDENTIFIED IN SUBPARAGRAPHS (d) OR (e), AS APPLICABLE.
(d) 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:
no
(e) Other Items That Do Not Convey: The following items shall not convey (identify those items to be excluded under
subparagraphs (a) and (b)): na
t+At
Seller shall repair any damage caused by removal of any items excepted above. a A
MAY � 6 2�22
Page 4 of 15
STANDARD FORM 2-T
��yy11 Revised 7/2021
Buyer's initials �°J Sellers initials Hi © 7/2021
Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St. Suite 2200, Dallas, TX 76201 www Iwolf cum 990 Cruz Bay Ct,

Authentislgn ID: 195D5F46.BD7B-5248-ADB4-CAF85BA945C1
3. PERSONAL PROPERTY: The following personal property present on the Property on the date of the offer shall be transferred
to Buyer at closing at no value: See attached Addendum 1 and Upgrades Addendum. I"A E'i y ,..
t �5")
MAY 1 6
NOTE: ANY PERSONAL PROPERTY THAT WILL BE A PART OF THE SALE SH(7� li E 'IFIED IN THIS
PARAGRAPH. Buyer is advised to consult with Buyer's lender to assure that the Personal ro er y items listed above can be
included in this Contract.
4. 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 8 of this Contract or for any other reason permitted under the terms
of this Contract or North Carolina law.
(a) Loan: Buyer, at Buyer's expense, shall be entitled to pursue qualification for and approval of the Loan if any.
NOTE: Buyer's obligation to purchase the Property is not contingent on obtaining a Loan. Therefore, Buyer is advised to consult with
Buyer's lender prior to signing this offer to assure that the Due Diligence Period allows sufficient time for the appraisal to be
completed and for Buyer's lender to provide Buyer sufficient information to decide whether to proceed with or terminate the
transaction.
(b) Property Investigation: Buyer or Buyer's agents or representatives, at Buyer's expense, shall be entitled to conduct all
desired tests, surveys, appraisals, investigations, examinations and inspections of the Property as Buyer deems appropriate,
including but NOT limited to the following:
(i) 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 or its management company charges fees for providing information required by
Buyer's lender or confirming restrictive covenant compliance.
(iii) 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, storm water 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
Page 5 of 15
STANDARD FORM 2-T
�Cyy11 �C�y11 Revised 7/2021
Buyer's initials wJ Seller's initials _P°J © 7/2021
Praduc d with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolrcom 980 Cruz Bay CI,

hen0slgn ID: 195D5F46-BD70-4248-ADB4.CAF85BA945C1
streets)/road(s) designated as public are accepted for maintenance by the State of NC or any municipality, or (3) It private or
not accepted for public maintenance, the consequences and responsibility for maintenance and the existence, teens and
funding of any maintenance agreements.
cc of Special Assessments that may be under consideration by a
(x) Special Assessments: Investigation of the existen
governmental authority or an owners' association.
(xi) 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.
(c) Sale/Lease of Existing Property: As noted in paragraph 5(b), unless otherwise provided in an addendum, this Contract is
not conditioned upon the sale/lease or closing of other property owned by Buyer. Therefore, if Buyer must sell or lease other real
the
ase of the
se on
property in order to qualify prior toanew the endan or to of the Due Diligence erwise Period or behrereasonably satisfi d tthat closing should
on Buyer's other
Buyer's other property p
property will take place prior to the Settlement Date of this Contract.
(d) 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 ProSellpr�kno acknowledge is 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
ch with respect to repairs/improvements shall be
expiration of the Due Diligence Period. Any agreement that the parties may rea
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 19.
NOTE: See Paragraph 8(c), Access to Property and Paragraph 8(m), Negotiated Repairs/Improvements.
(e) 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.
(f) 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.
(g) Buyer's Right to Terminate: Provided that Buyer has delivered any agreed -upon Due Diligence Fee, Buyer shall have the
right to terminate this Contract for any reason or no reason, by delivering to Seller written notice of termination ��1E BEINGtOF
ion
Notice") during the Due Diligence Period (or any agreed -upon written extension of the Due Diligence Period),
THE ESSENCE. If Buyer timely delivers the Termination Notice, this Contract shall be terminated and the Earnest Money
Deposit shall be refunded to Buyer.
(h) CLOSING SHALL CONSTITUTE ACCEPTANCE OF THE PROPERTY IN ITS THEN EXISTING CONDITION
UNLESS PROVISION IS OTHERWISE MADE IN WRITING.
5. BUYER REPRESENTATIONS:
(a) Funds to complete purchase:
❑(Check if applicable) Cash. Buyer intends to pay cash in order to purchase the Property and does not intend to obtain a loan
or funds from sources other than Buyer's own assets. Verification of cash available for Settlement is ❑ is not ❑ attached.
NOTE: If Buyer does not intend to obtain a new loans) and/or funds from sources other than Buyer's own assets, Seller is advised,
prior to signing this offer, to obtain documentation from Buyer which demonstrates that Buyer will be able to close on the Property
without the necessity of obtaining a loan or funds from sources other than Buyer's own assets.
OR: �ttt flyr funds to purchase the Property
❑ (Check if applicable) Loan(s)/Other Funds: Buyer intends to 4 CS d...6
from the following sources (check all applicable sources): ) fi 2022
MAY
Page 6 of 15 STANDARD FORM 2-T
` Revised 7/2021
Pf CVW
© 7/2021
Buyers initials Sellers initials 980 Cruz Bay Ct,
Produced with Lone Wolf Transactions (Afform Edition) 717 N "a out St, suite 2200, Dallas, TX 75201 I oil corn

Authentislgn ID: 195D5F46-BD78-4248-AD84-CAFB5BA945C1
❑ First Mortgage Loan:
Buyer intends to obtain a first mortgage loan of the following type in order to purchase the Property:
(attach FHA/VA Financing Addendum) ❑ Conventional ❑ USDA ❑ Other type:
in the principal amount of
❑ Second Mortgage Loan:
Buyer intends to obtain a
plus any financed VA Funding Fee or FHA MIP.
❑ FHA ❑ VA
second mortgage loan of the following type in order to purchase the Property:
U Other funds:
Buyer intends to obtain funds from the following other source(s) in order to purchase the Property:
NOTE: Buyer's obligations under this Contract are not conditioned upon obtaining any loan(s) or other funds from sources other
than Buyer's own assets. Some mortgage loan programs and other programs providing funds for the purchase of property selected
by Buyer may impose repair obligations and/or additional conditions or costs upon Seller or Buyer, and more information may be
needed.
Material changes with respect to funding the purchase of the Property that affect the terms of the contract are material facts that
must be disclosed.
(b) Other Property: Buyer ❑ DOES X❑ DOES NOT have to sell or lease other real property in order to qualify for a new loan
or to complete the purchase. (Complete the following only i(Buyer DOES have to sell or lease other real property.)
Other Property Address:
❑ (Check if applicable) Buyer's other property IS under contract as of the date of this offer, and a copy of the contract has either
been previously provided to Seller or accompanies this offer. (Buyer may mark out any confidential information, such as the
purchase price and the buyer's identity, prior to providing a copy of the contract to Seller.) Failure to provide a copy of the
contract shall not prevent this offer from becoming a binding contract; however, SELLER IS STRONGLY ENCOURAGED TO
OBTAIN AND REVIEW THE CONTRACT ON BUYER'S PROPERTY PRIOR TO ACCEPTING THIS OFFER.
❑ (Check if applicable) Buyer's other property IS NOT under contract as of the date of this offer. Buyer's property (check only
ONE of the following options):
❑ is listed with and actively marketed by a licensed real estate broker.
❑ will be listed with and actively marketed by a licensed real estate broker.
❑ Buyer is attempting to sell/lease the Buyer's Property without the assistance of a licensed real estate broker.
NOTE: This Contract is NOT conditioned upon the sale/lease or closing of Buyer's other property. If the parties agree to make
this Contract conditioned on a sale/lease or closing of Buyer's other property, an appropriate contingency addendum should be
drafted by a North Carolina real estate attorney and added to this Contract.
(c) Performance of Buyer's Financial Obligations: To the best of 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 Property Disclosure Statement (check only one):
❑ Buyer has received a signed copy of the N.C. Residential Property and Owners' Association Disclosure Statement prior to the
signing of this offer.
❑ 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 Effective
Date; 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):
❑X Buyer has received a signed copy of the N.C. Mineral and Oil and G R' hY iGf ¢ c sure Statement prior to the
signing of this offer. -��e 1 1!i
Page 7 of 15 MAY 1 6 2022
STANDARD FORM 2-T
�y C�11 _ Revised 7/2021
Buyer's initials C911 Sellers initials w ,� D 7/2021
Produced with Lone Wolf Transactions (zifform Edition) 717 N Ham�aood St, Suite 2200, Dalla 01 www.IwoB.com 980 Cruz Bay CI,

Authentlsign ID: 195DSF40-BD7B-424&ADB4-CAFB5BA945C1
❑ 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: (1) the end of the third
calendar day following receipt of the Disclosure Statement; (2) the end of the third calendar day following the Effective
Date; or (3) Settlement or occupancy by Buyer in the case of a sale or exchange.
❑ 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) Responsibility for Special Assessments: Buyer shall take title subject to all Special Assessments that may be approved
following Settlement.
(b) Responsibility for Certain Costs: Buyer shall be responsible for all costs with respect to:
(i) any loan obtained by Buyer, including charges by an owners association and/or management company as agent of an
owners' association for providing information required by Buyer's lender;
(ii) charges required by an owners' association declaration to be paid by Buyer for Buyer's future use and enjoyment of the
Property, including, without limitation, working capital contributions, membership fees, or charges for Buyer's use of the
common elements and/or services provided to Buyer, such as "move -in fees";
(iii) determining restrictive covenant compliance;
(iv) appraisal;
(v) title search;
(vi) title insurance;
(vii) any fees charged by the closing attorney for the preparation of the Closing Disclosure, Seller Disclosure and any other
settlement statement;
(viii) recording the deed; and
(ix) preparation and recording of all instruments required to secure the balance of the Purchase Price unpaid at Settlement.
(c) Authorization to Disclose Information: Buyer authorizes the Buyer's lender(s), the parties' real estate agent(s) and closing
attorney: (1) to provide this Contract to any appraiser employed by Buyer or by Buyer's lender(s); and (2) to release and disclose
any buyer's closing disclosure, settlement statement and/or disbursement summary, or any information therein, to the parties to
this transaction, their real estate agent(s) and Buyer's lender(s).
7. SELLER REPRESENTATIONS:
(a) Ownership: Seller represents that Seller:
�X has owned the Property for at least one year.
has owned the Property for less than one year.
does not yet own the Property.
(b) Lead -Based Paint (check if applicable):
❑ 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) 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 9"6""
• master insurance policy showing the coverage provided and the deductible amount CEI
• Declaration and Restrictive Covenants
• Rules and Regulations MAY 15 2022
• Articles of Incorporation
• By laws of the owners' association
• current financial statement and budget of the owners' association OCM—
• parking restrictions and information
• architectural guidelines
Page 8 of 15
STANDARD FORM 2-T
��yy11 Revised 7/2021
Buyer's initials C9°J Seller's initials _P� © 7/2021
Produced with Lone Wolf Transactions (zipFann Editor) 717 N HRMOOd St, Suite 2200, Dallas, TX 75201 www (wolf corn 980 Cruz Bay Ct,

Authentlsl9n ID: 195D5F46-BD78-4248-AD84-CAF85BA945C1
(specify name of association): Corolla Bay Homeowners Assocation whose regular
assessments("dues") are $ 500.00 first year per year . The name, address and telephone number of the president
of the owners' association or the association manager is: Seaside Management
Owners' association website address, if any:
(specify name of association): Corolla Bay Homeowners Association whose regular
assessments ("dues") are $ 1000.00 year 2 on per year . The name, address and telephone number of the president
of the owners' association or the association manager is:
Owners' association website address, if any:
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 through the earlier of Closing or possession by
Buyer, including, but not limited to, allowing Buyer and/or Buyer's agents or representatives, an opportunity to (i) conduct Due
Diligence, (ii)verify the satisfactory completion of negotiated repairs/improvements, and (iii) conduct a final walk-through
inspection of the Property. Seller's obligation includes providing existing utilities operating at Seller's cost, including any
connections and de -winterizing.
NOTE: See WARNING in paragraph 4 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, 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. R 6 t I V
Page 9 of 15 MAY 1 6 2022
STANDARD FORM 2-T
�Cy��y11 Revised 7/2021
Buyer's initials 14 Seller's initials DCM-•EC 07/2021
Prod uoed with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf rum 980 Cruz Bay CL

Authenaslgn 10: 19505F48-BD7B-4248-AD84-CAFB5BA945C1
7
(g) Good Title, Legal Access: Seller shall execute and deliver a GENERAL WARRANTY DEED for the Property in recordable
form no later than Settlement, which shall convey fee simple marketable and insurable title, without exception for mechanics'
liens, and free of any other liens, encumbrances or defects, including those which would be revealed by a current and accurate
survey of the Property, except: ad valorem taxes for the current year (prorated through the date of Settlement); utility easements
and unviolated covenants, conditions or restrictions that do not materially affect the value of the Property; and such other liens,
encumbrances or defects as may be assumed or specifically approved by Buyer in writing. The Property must have legal access to
a public right of way.
NOTE: Buyer's failure to conduct a survey or examine title of the Property, prior to the expiration of the Due Diligence Period
does not relieve the Seller of their obligation to deliver good title under this paragraph.
NOTE: If any sale of the Property may be a "short sale," consideration should be given to attaching a Short Sale Addendum
Form2A14T) 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: Buyer
(i) Agreement to Pay Buyer Expenses: Seller shall pay at Settlement $ na toward any of Buyer's expenses
associated with the purchase of the Property, at the discretion of Buyer and/or lender, if any, including any FHA/VA lender and
inspection costs that Buyer is not permitted to pay.
NOTE: Parties should review the FHANA Addendum prior to entering an amount in Paragraph 8(i). Certain FHA/VA lender
and inspection costs CANNOT be paid by Buyer at Settlement and the amount of these should be included in the blank above.
0) Owners' Association Fees/Charges: Seller shall pay: (i) any fees required for confirming Seller's account payment
information on owners' association dues or assessments for payment or proration; (ii) any fees imposed by an owners' association
and/or a management company as agent of the owners' association in connection with the transaction contemplated by this
Contract other than those fees required to be paid by Buyer under paragraph 6(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 Special Assessments: Seller shall pay, in full at Settlement, all Special Assessments that are approved prior to
Settlement, whether payable in a lump sum or future installments, provided that the amount thereof can be reasonably determined
or estimated. The payment of such estimated amount shall be the final payment between the Parties.
(1) Late Listing Penalties: All property tax late listing penalties, if any, shall be paid by Seller.
(m) Negotiated Repairs/Improvements: Negotiated repairs/improvements shall be made in a good and workmanlike manner
and Buyer shall have the right to verify same prior to Settlement.
(n) Seller's Breach of Contract: See paragraph 23 for Buyer's remedies in the event of breach of this Contract.
9. PRORATIONS AND ADJUSTMENTS: Unless otherwise agreed, the following items shall be prorated, with Seller responsible
for the prorated amounts of any taxes and dues through the date of Settlement, and Seller entitled to the amount of prorated rents
through the date of Settlement, and either adjusted between the parties or paid at Settlement:
(a) Taxes on Real Property: Ad valorem taxes and recurring governmental service fees levied with such taxes on real property
shall be prorated on a calendar year basis;
(b) 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 assessments (dues) and other like charges.
10. HOME WARRANTY: Select one of the following:
No home warranty is to be provided by Seller.
❑ Buyer may obtain a one-year home warranty at a cost not to exceed $ an vyJ 'ch includes sales tax and
Seller agrees to pay for it at Settlement. -C _;„ (... @b✓1
®I
Page 10 of 15
MAY 1 6 2022
STANDARD FORM 2-T
��yy11 �j DC .-EC Revised?/2021
Buyer's initials k1l Seller's initials N° 07/2021
Produced with Lane Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, Tx 75201 www.lwolf.com 980 Cruz Bay Cl,

Authentlsign ID: 195D5F45-BD78-4248-AD84-CAFB5BA945C1
X Seller has obtained and will provide a one-year home warranty from One Year Limited Warranty by SAGA Construction, Inc.
at a cost of $ - which includes sales tax 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.
11. RISK OF LOSS/CONDITION OF PROPERTY AT CLOSING: The risk of loss or damage by fire or other casualty prior to
Closing shall be upon Seller. Seller is advised not to cancel existing insurance on the Property until after confirming recordation of the
deed.
Buyer's obligation to complete the transaction contemplated by this Contract shall be contingent upon the Property being in
substantially the same or better condition at Closing as on the date of this offer, reasonable wear and tear excepted. If the Property is
not in substantially the same or better condition at Closing as on the date of this offer, reasonable wear and tear excepted, Buyer may
terminate this Contract by written notice delivered to Seller and the Earnest Money Deposit shall be refunded to Buyer. If the Property
is not in such condition and Buyer does NOT elect to terminate this Contract, Buyer shall be entitled to receive, in addition to the
Property, the proceeds of any insurance claim filed by Seller on account of any damage or destruction to the Property.
12. DELAY IN SETTLEMENT/CLOSING: This paragraph shall apply if one party is ready, willing and able to complete Settlement on
the Settlement Date ("Non -Delaying Party") but it is not possible for the other party to complete Settlement by the Settlement Date
("Delaying Party"). In such event, the Delaying Party shall be entitled to a delay in Settlement and shall give as much notice as possible to
the Non -Delaying Party and closing attorney. If the Delaying Party fails to complete Settlement and Closing within seven (7) days of the
Settlement Date (including any amended Settlement Date agreed to in writing by the parties), then the Delaying Party shall be in breach and
the Non -Delaying Party may terminate this Contract and shall be entitled to enforce any remedies available to such party under this Contract
for the breach.
13. POSSESSION: Possession, including all means of access to the Property (keys, codes including security codes, garage door
openers, electronic devices, etc.), shall be delivered upon Closing as defined in Paragraph 1(m) unless otherwise provided below:
❑ A Buyer Possession Before Closing Agreement is attached (Standard Form 2A7-T)
❑ 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 2A11-T) or Vacation Rental Addendum (Form 2A13-T)
14. 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 2AI I-T) ❑
New Construction Addendum (Form 2A3-T)
Additional Signatures Addendum (Form 3-T) ❑X
Owners' Association Disclosure Addendum
Back -Up Contract Addendum (Form 2A1-T)
(Form 2Al2-T)
FHA/VA Financing Addendum (Form 2A4-T) ❑
Seller Financing Addendum (Form 2A5-T)
Lead -Based Paint Or Lead -Based Paint Hazard Addendum (Form 2A9-T) ❑
Short Sale Addendum (Form 2A 14-T)
Loan Assumption Addendum (Form 2A6-T) ❑
Vacation Rental Addendum (Form 2A13-T)
❑X Identify other attorney or party drafted addenda: Corolla Bay Addendum, Disclosure Form, Buyer is Licensed NC Real Estate
NOTE: UNDER NORTH CAROLINA LAW, REAL ESTATE BROKERS ARE NOT PERMITTED TO DRAFT ADDENDA TO
THIS CONTRACT.
15. 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.
16. 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 coup as shall be required
to give effect to this provision. M
Page 11 of 15 MAY 1 6 2022
STANDARD FORM 2-T
Revised pp (' 7/2021
Buyer's initials Seller's initials DCM-EC © 7/2021
Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, Tx 75201 www-Iwoltcom 980 Cruz Bay Ct,

AuthenBsign ID: 195D5F46-BD7B-4248-ADB4.CAFB5BA945C1
17. 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.
18. 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.
19. 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 REALTORS or broker and Seller or Buyer as
contained in any listing agreement, buyer agency agreement, or any other agency agreement between them.
20. 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. Delivery of any notice to a party via means of electronic transmission shall be deemed complete at such time as the sender
performs the final act to send such transmission, in a form capable of being processed by the receiving party's system, to any
electronic address provided for such party in the "Notice Information" section below. Seller and Buyer agree that the "Notice
Information" and "Acknowledgment of Receipt of 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.
21. EXECUTION: This Contract may be signed in multiple originals or counterparts, all of which together constitute one and the
same instrument.
22. 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.
23. REMEDIES:
(a) Breach by Buyer: In the event of material breach of this Contract by Buyer, Seller shall be entitled to any Earnest Money
Deposit. The payment of any Earnest Money Deposit and any Due Diligence Fee to Seller (without regard to their respective
amounts, including zero) together shall serve as liquidated damages ("Liquidated Damages") and as Seller's sole and exclusive
remedy for such breach, but without limiting Seller's rights under Paragraphs 4(e) and 4(f) for damage to the Property. It is
acknowledged by the parties that the amount of the Liquidated Damages is compensatory and not punitive, such amount being a
reasonable estimation of the actual loss that Seller would incur as a result of a breach of this Contract by Buyer. The payment to
Seller of the Liquidated Damages shall not constitute a penalty or forfeiture but actual compensation for Seller's anticipated loss,
both parties acknowledging the difficulty of determining Seller's actual damages for such breach.
(b) Breach by Seller: In the event of material breach of this Contract by Seller, if Buyer elects to terminate this Contract as a
result of such breach, Buyer shall be entitled to return of both the Earnest Money Deposit and the Due Diligence Fee, together
with the reasonable costs actually incurred by Buyer in connection with Buyer's Due Diligence ("Due Diligence Costs"). This
provision shall not affect any other remedies available to Buyer.
(c) Attorneys' Fees: If legal proceedings are brought by Buyer or Seller against the other to collect the Earnest Money Deposit,
Due Diligence Fee, or Due Diligence Costs, the parties agree that a party shall be entitled to recover reasonable attorneys' fees to
the extent permitted under N.C. Gen. Stat. § 6-21.2. The parties acknowledge and agree that the terms of this Contract with
respect to entitlement to the Earnest Money Deposit, Due Diligence Fee, or Due Diligence Costs each constitute an "evidence of
indebtedness" pursuant to N.C. Gen. Stat. § 6-21.2.
NOTE: A party seeking recovery of attorneys' fees under N.C. Gen. Stat. § tl Kt fir 1 o-�'r� n notice to the other party
that they have five (5) days from the mailing of the notice to pay the oulstan,pIyrtt� �1h alit hltorneys' fees.
Page 12 of 15 MAY 16 2022
STANDARD FORM 2-T
�Gy�
11 p� /� Revised 7/2021
Buyer's initials 14 Seller's initials J DC V —EC 07/2021
Produced with Lone Wolf Transactions (zipFov Edition) 717 N Harwood S6 Suite 2200, Dallas, TX 75201 www (wolf corn 980 Cruz Be, Cr,

Authenlislgn lD: 195D5F48.BD78-4248-ADB4-CAFB5BA945C1
THE NORTH CAROLINA ASSOCIATION OF REALTORSO, 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.
10/17/2021
Date: Date:
Authenti
r
Buyer I yd4i l
ebV90:6 . PM EDT
Date:
Buyer
Entity Buyer:
(Name of LLC/Corporation/Partnership/Trust/etc.)
By: _
Name:
Title:
Date:
Print Name
Seller
CB 980 LLC
Date:
Seller
Entity Seller:
CB 980 LLC
f LLC/Corporation/Partnership/TrusUetc.)
By 2eov
5/9/�4.48 PM EDT
Name: Prem
Title:
Date: 10/17/2021
WIRE FRAUD WARNING
Print Name
TO BUYERS: BEFORE SENDING ANY WIRE, YOU SHOULD CALL THE CLOSING ATTORNEY'S OFFICE TO VERIFY THE
INSTRUCTIONS. IF YOU RECEIVE WIRING INSTRUCTIONS FOR A DIFFERENT BANK, BRANCH LOCATION,
ACCOUNT NAME OR ACCOUNT NUMBER, THEY SHOULD BE PRESUMED FRAUDULENT. DO NOT SEND ANY FUNDS
AND CONTACT THE CLOSING ATTORNEY'S OFFICE IMMEDIATELY.
TO SELLERS: IF YOUR PROCEEDS WILL BE WIRED, IT IS RECOMMENDED THAT YOU PROVIDE WIRING
INSTRUCTIONS AT CLOSING IN WRITING IN THE PRESENCE OF THE ATTORNEY. IF YOU ARE UNABLE TO ATTEND
CLOSING, YOU MAY BE REQUIRED TO SEND AN ORIGINAL NOTARIZED DIRECTIVE TO THE CLOSING ATTORNEY'S
OFFICE CONTAINING THE WIRING INSTRUCTIONS. THIS MAY BE SENT WITH THE DEED, LIEN WAIVER AND TAX
FORMS IF THOSE DOCUMENTS ARE BEING PREPARED FOR YOU BY THE CLOSING ATTORNEY. AT A MINIMUM,
YOU SHOULD CALL THE CLOSING ATTORNEY'S OFFICE TO PROVIDE THE WIRE INSTRUCTIONS. THE WIRE
INSTRUCTIONS SHOULD BE VERIFIED OVER THE TELEPHONE VIA A CALL TO YOU INITIATED BY THE CLOSING
ATTORNEY'S OFFICE TO ENSURE THAT THEY ARE NOT FROM A FRAUDULENT SOURCE.
WHETHER YOU ARE A BUYER OR A SELLER, YOU SHOULD CALL THE CLOSING ATTORNEY'S OFFICE AT A
NUMBER THAT IS INDEPENDENTLY OBTAINED. TO ENSURE THAT YOUR CONTACT IS LEGITIMATE, YOU SHOULD
NOT RELY ON A PHONE NUMBER IN AN EMAIL FROM THE CLOSING ATTORNEY'S OFFICE, YOUR REAL ESTATE
AGENT OR ANYONE ELSE. REv C �„ t �v h
Page 13 of 15
MAY 1 6 2022
Prod..d with Lane Wolf Transactions (zifform Edition) 717 N Harwood St, Suite 2200, D la Gm v am
STANDARD FORM 2-T
Revised 7/2021
© 7/2021
980 Cruz es, C1,

Authentisign ID: 195DSF46-BD7B-4248-ADB4-CAFBSBA945C1
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:
Mailing Address:
Buyer Fax#:
Buyer E-mail:
SELLER NOTICE ADDRESS:
Mailing Address:
Seller Fax#:
Seller E-mail:
CONFIRMATION OF AGENCY/NOTICE ADDRESSES
Selling Firm Name: NONE
Acting as ❑ Buyer's Agent Seller's(sub)Agent ❑ Dual Agent
Firm License #:
Mailing Address:
Individual Selling Agent:
❑ Acting as a Designated Dual Agent (check only if applicable)
Selling Agent License #:
Selling Agent Phone#:
Selling Agent Fax#:
Selling Agent E-mail:
Listing Firm Name:NONE
Acting as ❑ Seller's Agent ❑ Dual Agent
Finn License #:
Mailing Address:
Individual Listing Agent:
[]Acting as a Designated Dual Agent (check only if applicable)
Listing Agent License #:
Listing Agent Phone#:
Listing Agent Fax#:
Listing Agent E-mail:
[THIS SPACE INTENTIONALLY LEFT BLANK]
��yy
Page 14 of 15
Buyer's initials 14 r Seller's initials 1._PVJ
MAY 16 2022
0CP - C
STANDARD FORM 2-T
Revised 7/2021
© 7/2021
Produced with Lone Wolf Transactions (zifform Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf,com 980 eraz Bay ct,

Authentisign ID: 195D5F46-BD7B.4248-ADB4.CAFB5BA945C1
ACKNOWLEDGMENT OF RECEIPT OF MONIES
Seller:
Buyer:
("Seller")
("Buyer")
Property Address: 980 Cruz Bay Court, Corolla, NC 27927 ("Property")
❑ LISTING AGENT ACKNOWLEDGMENT OF RECEIPT OF DUE DILIGENCE FEE
Paragraph I(d) of the Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the payment
to Seller of a Due Diligence Fee in the amount of $ na , receipt of which Listing Agent hereby acknowledges.
Date:
Firm: NONE
LE
(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 $ na , receipt of which Seller hereby acknowledges.
Date: Seller:
Date
(Signature)
CB 980 LLC
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 $ na . 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: none
0
(Signature)
none
(Print name)
[-]ESCROW AGENT ACKNOWLEDGMENT OF RECEIPT OF (ADDITIONAL) EARNEST MONEY DEPOSIT
Paragraph l (d) of the Offer to Purchase and Contract between Buyer and Seller for the sale of the Property provides for the payment
to Escrow Agent of an (Additional) Earnest Money Deposit in the amount of $ na . Escrow Agent as identified
in Paragraph I(f) of the Offer to Purchase and Contract hereby acknowledges receipt of the (Additional) Earnest Money Deposit and
agrees to hold and disburse the same in accordance with the terms of the Offer to Purchase and Contract.
Dale: Firm: none
Time: ❑ A.M. ❑ P.M.
MAY 1 6 2022
DCM""EC
By:
(Signature)
Page 15 of 15
(Print name)
Produced with Lone Wolf Transactions (zipFornn Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 w Iwolf mm
STANDARD FORM 2-T
Revised 7/2021
© 7/2021
980 Cruz B, c4

Authentlsign ID: 195D5F46-BD7B-4248-AD84-CAFBSBA945C1
SAGA Realty & Construction Disclosure Form
Home Warranty Disclosure
If either Buyer or Seller purchase a home warranty, their agent may receive a referral fee.
Rental Referral Disclosure
Buyers who purchase a home and place it in a vacation rental program acknowledge that their agent may receive a
rental referral fee.
Builder Referral Disclosure
Buyers who purchase a lot and use the service of an agent to assist in securing a builder acknowledge that their
agent may receive a referral fee.
Affiliated Business Disclosure
Buyers agree and acknowledge that certain service providers recommended to them may be an affiliated business of
the firm. Examples of this, but not a complete list, are Coastal Accents and Design, KEES, and Legacy Home
Services.
Septic Disclosure
If the home being purchased is serviced by a septic system, in most cases the residential septic system has been
designed for occupancy of two (2) persons per bedroom. A rental cottage may have been furnished to allow for more
occupants than permitted by the design of the septic system to maximize rental income. To find out what the
occupancy is for the property you are considering purchasing, you or your agent may contact the Environmental
Health Department in the County where the residence is located. If the property is advertised for occupancy in
excess of the permitted design occupancy, the interpretation enforcement by the Environmental Health Department
may have an adverse impact on future rental income or the value of the property.
_Ground Floor Enclosure
The architecture in coastal areas of North Carolina has led many homeowners to enclosing their ground floor and
finishing the enclosed area as living area. There are numerous implications that arise from this:
Permitting Issues: Many enclosed ground floor areas were completed without the owner obtaining a building
permit. Therefore, at some later date, the Building Inspector's Office may require the ground floor enclosures or
completed areas to be removed or altered to meet the then current building codes. To ascertain whether your ground
floor was enclosed and/or finished into a living area with appropriate building permits, you may obtain this
information from the local Building Inspector's Office.
Zoning Issues: If the ground floor area is leased separately from the upstairs area, this may constitute a violation of
the current single-family residential zoning codes or a violation of the Restrictive Covenants for the subdivision
wherein the property is located. It is possible that as some later date the local governmental officials will not allow
the ground floor to be leased or the property owners within the subdivision may request to have the ground floor
area removed. You may inquiry as to the zoning from the appropriate local planning official, and as to whether the
property violates Restrictive Covenants, by consulting your legal counsel.
7'
MAY 7 b 'L&
SAGA Realty and ConstruclloDn Highx'e S+aVLYaFIanit B Kitty Hawk NC 27949 Phone: [phone] Fax: 980 Cruz may Ct,
Tammy Aycock Produced with Lone Wolf Transactions (aiffomn Edition( 231 Shearson Cr. Cambridge, Ontario, Canada NIT 1.15 www Iwol(com

Authentlegn ID: 195DSF46-BD7B-4248-ADB4-CAFB5BA945C1
Flood Insurance Issues: Even if the ground floor was enclosed and/or improved obtaining all necessary and
property permits, it is possible that the Federal Flood Insurance may not cover all flood damage to a ground floor
enclosure. To ascertain if the ground floor living of the home area and/or the furnishings contained therein is
completely covered, the elevation of the home must be determined as well as the specific flood zone where the
property is located. You may contact your local insurance agent to obtain the appropriate information concerning
what, if anything, the Federal Flood Insurance will cover for your property.
Federal Emergency Management (FEMA) Issues: Many enclosed ground floor areas area below the current flood
zone elevations. If so, it is possible that at some later date FEMA may require these ground floor areas to be altered
to meet FEMA guidelines. It is possible that the Seller may have obtained an elevation certificate from a licensed
surveyor. The local flood -plain administrator can tell you the required flood zone elevation for the property.
Beach Nourishment
This property could be subject to a special assessment to be levied by a Government Authority to assist in funding
its proposed beach nourishment project.
Flood Insurance
Please be advised there have been significant changes in the Federal Flood Insurance Program including, but not
limited to, change in rates. You should consult with a local licensed insurance agent concerning those changes and
how they might impact any property that you may be looking to acquire prior to entering into an Offer To Purchase
And Contract and during your Due Diligence Period that you might have pursuant to any such Contract.
Authenti
r
U79B 9.905DT
10/17/2021
Date
Seller Date
rAuthenti
Ded4e, r Ueit 10/17/2021
g,0lzw. ' 1fkk1t rt Date
Buyer
Date
MAY 1 6 2022
®C M- ECG
Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Onlano, Canada NIT U5 www Iwolf cem 980 Cruz Bay Ct,

Authentlegn ID: 195DSF46-BD7B-4248-ADB6.CAFB5BA945C1
ADDENDUM A
THIS ADDENDUM TO OFFER TO PURCHASE AND CONTRACT by and between
CB 980 LLC , hereinafter referred to
as "Seller" and Debbie Gabbert ,
hereinafter referred to as "Buyer." Contemporaneously herewith, Buyer and Seller are entering into
an Offer to Purchase and Contract for Buyer to acquire from Seller a lot in the Corolla Bay
Subdivision.
1. All parties acknowledge, covenant and agree that Seller, and various related limited
liability companies, acquired various lots in the Corolla Bay Subdivision. The original developer
of the subdivision was Corolla Bay, LLC. The successor developer of the subdivision was
Northeaster North Carolina Properties Corolla Soundside, LLC. It is the original developer and
the successor developer who caused to be recorded all plats creating the lots which comprise the
Corolla Bay Subdivision. It is the original developer and the successor developer which caused to
be constructed all roads, piers, amenities and common areas.
2. All parties acknowledge that they have been advised that the North Carolina
Department of Transportation has acquired a parcel of land immediately South of the Corolla Bay
Subdivision. This parcel of land is where the terminus of the "Mid -County Bridge" is to be located.
3. All parties acknowledge that they have been advised that the County of Currituck
owns a parcel of land that is located North of Devil's Bay Drive and East of the Subdivision.
Currituck County proposes to construct a mixed use development on the property which is
presently designed to accommodate a visitors center and a proposed ABC store.
4. Agreement is expressly conditioned upon a Construction Agreement being
executed with SAGA Construction, Inc. by the Expiration of the Due Diligence Period or offer
becomes Null & Void.
5. See SAGA Realty & Construction Disclosure Form, Disclosure Addendum, SAGA
Construction, Inc. Limited One Year Warranty Certificate, -
SELLER:
Date: 10/17/2021 CB 980 LLC
Entity Name
[RICO,
/� �r
r'2CO, Ultt��la
By. ca,9,zmersri/erP7�c (SEAL)
Prem Gupta
MAY , 6 2�22 Printed Name
Manager
Title
SAGA Realty and Caumruedmi, 6445 N Creates Highway, Unit B little Hawk NC 27949 Phone: [phone] F. 980 Cruz Be, Cl,
Tammy Aycock Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge. Ontario, Canada N1T 135 www.lwoltcom

Authentlsign ID: 195D5F46-BD75-4246-ADB4-CAFB5BA945C1
BUYER:
Date:
Date:10/17/2021
Date:
Entity Name
Printed Name
Title
tea:, i!�t
"wd%DWeB:WI
Buyer
MAY 16 2022
(SEAL)
(SEAL)
Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cc Cambridge, Ontario, Canada N1T US W .IWolf.com 960 Cruz Its, Ct,

Authenlisign ID: 195DSF46-BD76-4249-ADB4.CAFB5BA945C1
S:.� EIVED
ATE OF NORTH CAROLINA
+ MINERAL t�N&QIL AND GAS RIGHTS MANDATORY DISCLOSURE STATEMENT
MMAAYY Instructions to Property Owners
1. The Residential Ug pet (G.S. 47E) ("Disclosure Act") requires owners of certain residential real estate such as single-
family homes, i 1 n mtmHuns, townhouses, and the like, and buildings with up to four dwelling units, to fumish purchasers
a Mineral and Oil and Gas Rights Disclosure Statement ("Disclosure Statement"). This form is the only one approved for this purpose.
2. A disclosure statement is not required for some transactions. For a complete list of exemptions, see G.S. 47E-2(a). A DISCLOSURE
STATEMENT IS REQUIRED FOR THE TRANSFERS IDENTIFIED IN G.S. 47E-2(b), including transfers involving the first sale of
a dwelling never inhabited, lease with option to purchase contracts where the lessee occupies or intends to occupy the dwelling, and transfers
between parties when both parties agree not to provide the Residential Property and Owner's Association Disclosure Statement.
3. You must respond to each of the following by placing a check J in the appropriate box.
MINERAL AND OIL AND GAS RIGHTS DISCLOSURE
Mineral rights and/or oil and gas rights can be severed from the title to real property by conveyance (deed) of the mineral rights
and/or oil and gas rights from the owner or by reservation of the mineral rights and/or oil and gas rights by the owner. If mineral
rights and/or oil and gas rights are or will be severed from the property, the owner of those rights may have the perpetual right to
drill, mine, explore, and remove any of the subsurface mineral and/or oil or gas resources on or from the property either directly
from the surface of the property or from a nearby location. With regard to the severance of mineral rights and/or oil and gas rights,
Seller makes the following disclosures:
[D°]
uy-e,tnitials
ID�
jTuyeir�lnitials
�uye�lnilials
ffuye�lnitials
`C
ffuye�Initials
IV
Buyer Initials
1. Mineral rights were severed from the property by a previous owner.
2. Seller has severed the mineral rights from the property.
3. Seller intends to sever the mineral rights from the property prior to
transfer of title to the Buyer.
4. Oil and gas rights were severed from the property by a previous owner
5. Seller has severed the oil and gas rights from the property.
6. Seller intends to sever the oil and gas rights from the property prior
to transfer of title to Buyer.
Yes
No
No Representation
❑
❑
❑X
❑
❑X
❑
❑X
❑
❑
19
❑
❑X
❑
❑X
Note to Purchasers
If the owner does not give you a Mineral and Oil and Gas Rights Disclosure Statement by the time you make your offer to
purchase the property, or exercise an option to purchase the property pursuant to a lease with an option to purchase, you may
under certain conditions cancel any resulting contract without penalty to you as the purchaser. To cancel the contract, you must
personally deliver or mail written notice of your decision to cancel to the owner or the owner's agent within three calendar
days following your receipt of this Disclosure Statement, or three calendar days following the date of the contract, whichever
occurs first. However, in no event does the Disclosure Act permit you to cancel a contract after settlement of the transaction or
(in the case of a sale or exchange) after you have occupied the property, whichever occurs first.
Property Address: 980 Cruz Bay Court, Corolla, NC 27927
Owner's Name(s): CB 980 LLC
Owner(s) acknowledge having examined this Disclosure Statement before signing and that all information is true and correct as of the
date signed. r Authenti
Owner Signature:
CB 980 LLC
Date 10/17/2021
Owner Signature: 5/9/2022 3:34:53 PM EDT Date
Purchaser(s) acknowledge receipt of a copy of this Disclosure Statement; that they have examined it before signing; that they understand
that this is not a warranty by owner or owner's agent, and that the representations are made by the owner and not the owner's agent(s)
orsubagent(s). Authenti =.
Purchaser Signature:
re�c& �qe4t Debbie Gabbert Date 10/17/2021
5/9/2022 3 2CF22 PM EDT
Purchaser Signature: Date
REC 4.25
uuts
SAGA Realty and Construction,6445 N Croatan Highway, Unit B May Hawk NC 27949 Phone: [phone] Fax 980 Cruz Bay Cy
Tammy Ayrock Produced with Lone Walt Transactions (zipForm Edition) 717 N Lomond St, Suite 2200, Dallas, TX 75201 wow Iwoltcost

Authentudgn lD: 19505F46-BD7B-4248-ADB4.CAFBSBA945C1
OWNERS' ASSOCIATION DISCLOSURE ADDENDUM �^°p L"@ £
1�"i �.w`�. °+mac t�
NOTE: For when Residential Property and Owner's Association Disclosure Statement is
not required (For example: New Construction, Vacant Lot/Land) or by agreement of the parties. MAY i 6 202Z
Property: 980 Cruz Bay Court, Corolla, NC 27927
Buyer: Debbie Gabbert D C h fl E-C
Seller: CB 980 LLC
This Addendum is attached to and made a part of the Offer to Purchase and Contract ("Contract") between Buyer and Seller for the
Property.
For the purposes of this Addendum, "Development" means any planned community or condominium project, as defined by North
Carolina law, which is subject to regulation and assessment by an owners' association.
Any representations made by Seller in this Addendum are true to the best of Seller's knowledge, and copies of any documents
provided by Seller are true copies relating to the Development, to the best of Seller's knowledge. Except with regard to Confirmed
Special Assessments, Seller does not warrant the accuracy, completeness, or present applicability of any representation or documents
provided by Seller, and Buyer is advised to have all information confirmed and any documents substantiated during the Due Diligence
Period.
1. Seller represents to Buyer that the Property is subject to the following owners' association(s) [insert N/A into any blank that does
not apply]:
X❑ (specify name): Seaside Management whose regular assessments
("dues") are $ 500.00 per year . The name, address and telephone number of the president of the owners'
association or the association manager are: Dues are $500.00 for vacant lot and then will become $1,000.00 per year after
home is completed- Jeff Shields, Jess*seaside-management.com
Owners' association website address, if any:
❑ (specify name):
("dues") are $ per
association or the association manager are:
Owners' association website address, if any:
whose regular assessments
The name, address and telephone number of the president of the owners'
2. Seller represents to Buyer that the following services and amenities are paid for by the above owners' association(s) from the
regular assessments ("dues"): (Check all that apply)
0
Master Insurance Policy
❑
Street Lights
0
❑X
❑X
❑
❑
❑
❑❑
❑
Real Property Taxes on the Common Areas
Casualty/Liability Insurance on Common Areas
Management Fees
Exterior Building Maintenance
Exterior Yard/Landscaping Maintenance
Trash Removal
Pest Treatment/Extermination
Legal/Accounting
❑
❑
❑
❑
❑X❑
❑
❑
Water
Sewer
Private Road Maintenance
Parking Area Maintenance
Common Areas Maintenance
Cable
Internet service
Storm Water Management/Drainage/Ponds
Gate and/or Security
❑X
Recreational Amenities (specify): soundfront pier
(specify)
eOther
Other (specify)
Page 1 of 2
®This form jointly approved by: STANDARD FORM 2Al2-T
North Carolina Bar Association Revised 7/2021
REALTORm North CaroBuyer
of REALTORS�, Inc. FQLP.— G v ©7/2021
Buyer initials r Seller initials IVI n PennT°"'T
SAGA Realty and Construction, 5445 N Creston Highway, Unit B Kitty Hawk NC 27949 Phone: [phone] Fax: 980 Cruz Bay Ct,
Tammy Aycock Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, Tx 75201 wesec wolf com

Authentlslgn ID: 195D5F46-5078-4248-AD64-CAF85BA945C1
3. As of this date, there are no other dues, fees or Special Assessments, Confirmed or Proposed, payable by the Development's
property owners, except: na
4. As of this date, there are no unsatisfied judgments against or pending lawsuits involving the Property, the Development and/or the
owners' association, except: na
5. The fees charged by the owners' association or management company in connection with the transfer of Property to a new owner
(including but not limited to document preparation, move in/move out fees, preparation of insurance documents, statement of unpaid
assessments, and transfer fees) are as follows: na
6. 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 MAY 1 6 202Z
• parking restrictions and information
• architectural guidelines �p �;
The parties have read, understand and accept the terms of this Addendum as a part of the Contract. ®C 9b — "�
IN THE EVENT OF A CONFLICT BETWEEN THIS ADDENDUM AND THE CONTRACT, THIS ADDENDUM SHALL
CONTROL, EXCEPT THAT IN THE CASE OF SUCH A CONFLICT AS TO THE DESCRIPTION OF THE PROPERTY OR THE
IDENTITY OF THE BUYER OR SELLER, THE CONTRACT SHALL CONTROL.
THE NORTH CAROLINA ASSOCIATION OF REALTORSO, 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.
Date:
IAN21
Date:
Buyer:
I Dcu tuett
Seller:
Date:
Date:
Buyer:
Seller:
Entity Buyer:
(Name of LLC/Corporation/Partnership/Trust/ete.)
By:
Name:
Title:
Date:
Print Name
10) 3i30111f•]
Entity Seller:
CB 980 LLC
(Na ¢I At 4W/Corporation/Partnership/Trust/etc.)
By: L'... 0,,ra
5/9/2022 3:34:55 PM EDT
Name: Prem Gupta
Print Name
Title: Manager
Date: 10/17/2021
Page 2 of 2
STANDARD FORM 2Al2-T
Revised 7/2021
(07/2021
Produced with Lone Wolf Transactions (ziffoun Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.IwolLcom 980 Crua Bay Cl,

'-..ue... rv.
Work Sheet for Pricing Options
Dated 10-17-2021
980 Cruz Bay, Corolla Bay lot 35, Waverly Plan
Between: Debbie Gabbert (Buyers) and CB 980 LLC (Sellers)
Date 10/17/2021
Plan Name: Waverly I
Model# 4563SPAX-CB
HSF: 4563
Lot 35 and Base price of Waverly I plan $1,732,100.00
Pool Allowance - Concrete Custom L Shape Pool $90,700.00
Hot Tub Set Up $2,600.00
Fence and Gate Allowance - 5 ft white vinyl - 140 ft with (2) gates $10,650.00
Total Lot, House, and Exterior options $1,836,050.00
SSE v ..,.
MAY 1 6 2022

auma irign .�raw�ee Buie eee.......are --.-
Work Sheet for Pricing Options
Dated 10-17-2021
980 Cruz Bay, Corolla Bay lot 35, Waverly Plan
Between: Debbie Gabbert (Buyers) and CB 980 LLC (Sellers)
Lot, House, Exterior upgrades from page 1
$1,836,050.00
Exterior Options
Allowance for Mitigation credits and fill (Included in increased lot price - valued at $25,000)
$0.00
Allowance for rear retaining wall (Included in increased lot price - valued at $25,000)
$0.00
Door Hardware
Upgrade interior hardware to levers
$450.05
Cabinets Counters Tile Backs lash
Allowance to upgrade to Level 3 Cabinets at kitchen and Owner's Suite 1 and 2
$10,000.00
Allowance to upgrade to Level Kitchen Countertops - Quartz
$5,500.00
Allowance to upgrade to Level 3 Kitchen and Wetbar backsplash
$8,500.00
Flooring
Allowance to upgrade Owners Suite to Level 2 LVT
$2,500.05
Allowance to upgrade main common areas to Level 2 LVT
$8,000.00
Allowance to upgrade to Level 4 floor and shower wall the in Owners Bath 1 and 2
$7,000.00
Total Upgrade Costs $41,950.00
Adjustments (if Any) $0.00
Upgrades and Modifcations Subtotal $41,950.00
Total Lot, House, and Exterior Options (from page 1)
$1,836,050.00
Total Contract Cost $1,878,000.00
Buyer
8.Ml
10/17/2021
Seller
4u�4cmi
�,�,,,, /�'„a 10/17/2021
811 L - Date
kANI
1 6 2�21
DOM

Authentlslan ID: 195DSF46.BD7B.4248-AD84-CAF55BA945C1
Addendum 1
Base Price, Features, and Specifications
Print Date: 21612022
Plan Name: Waverly I
Heated Square Feet (HSF): 4,563
Base Price with Lot: $1,732,100
Corolla Bay (CB)
MAY ) 6 2022
Plan ID: 4563SPAX-CB 9CM-E
Elevation: A Founda 1,,,r
Ion: SP
Bedrooms: 9 Full Baths: 9 Half Baths: 2
Lot value
House Width: 50'; Depth: 50'; Garage: N/A; Garage Area (SF): 0; Elevator: Optional; Wet Bar: Optional
Base Price with Lot above includes cost of construction of home only and includes a base lot in Corolla Bay (CB)
community. Lot premium may apply to selected lot.
• House Plans: Includes onetime use of base house plans. Costs for modifications of house plans or siteplan will
be additional and charged in advance of modifications.
• Permits: Includes cost for building permit, water connection, (3/4" meter size included), and applicable sewer
connection fees.
• Sitework: Sitework is included based on a base siteplan as determined by civil engineer. Any modification or
re -siting of the home that increases lot coverage and or concrete area, is considered a modification and
subject to additional cost. Final costs may not be known at contract.
• Wastewater: Includes connection to community sewer system and wastewater capacity for home.
• Foundation: Raised ground level with pilings foundation. Modification of foundation may affect pricing.
• Framing, Subfloors, Sheathing, Trusses: SPF 20" and 2xV wall framing as per plans with OSB subflooring
glued and screwed where applicable. 7/16" OSB exterior sheathing on roof and walls. Engineered Floor
Trusses and Roof Trusses where applicable.
• Siding, Exterior Trim: LP SmartSide lap siding on main body with board and batten accents as per plans. 10
Trim around windows and doors. Beauty bands, and deck bands as per plans. OSB underpinning in crawl
spaces and LP underpinning in carport areas where applicable. LP SmartSide soffit in roof overhangs and porch
ceilings.
• Decks/Porches: Where applicable: Concrete on grade and 5/4" Pressure Treated (PT) decking with white vinyl
picket handrails per code.
• Roofing: Asphalt shingles in choice of standard colors (CertainTeed Landmark or equal).
• Windows: Single -hung white vinyl windows with 4/1 grid pattern on front elevation. (Stergis Wingate or1ELD-
WEN Brickmould Series at Contractor's choice based on lead times at the time of selections)
• Front Door: Smooth fiberglass in Craftsman style. Side-lites as per plan in full lite. Choice of one Sherwin
Williams (SW) color.
• Garage Door: Not applicable.
• Cabinets (Level 2): Cabinets with soft cushion close drawers and doors. (Wellborn or Aristokraft at
Contractors' choice based on lead times at time of selections)
• Countertops (Level 1): Quartz or Granite countertops in Kitchen and Baths with 4" backsplash
• Appliances: GE stainless steel appliances per standard cabinet layout on main kitchen level only. Includes 2
washer and dryer hookup(s) only as per plans.
• Plumbing (Level 1): Pedestal sink in Powder Rooms, Fiberglass showers and tubs per plan, Elongated comfort -
height toilets, A hp garbage disposal, 2 - 80 Gal Tanks Electric water heater(s), includes 4 hose bibs to be
located as per plans. (locations sited by plumber if not shown on plans).
• Plumbing Faucets (Level 1): Delta plumbing fixtures with 4" spread in chrome finish.
• HVAC: 14 SEER system with programmable digital thermostat(s) (Trane or Carrier at contractor's choice).
SAGA Construction, Inc. License tt 62306 PO BOX 90, Kill Devil Hills, NC 27948 252.441.9003
UAIr HomesBySAGA.com

Authentlslgn ID: 195D5F46-BD7B.4248-ADB4.CAFB5BA945C1
4ir -%GA
45635PAS-C8
• Electrical: Electrical service sized by electrician. Location of outlets, switches, and fixtures by electrician when
not specified on the plans. Surfaced mounted LED "disc" lights or recessed light locations included in common
areas only per plans. Bedroom locations are optional.
• Lighting Fixtures: Per budget of $9,900 for purchase of all surface mount electrical fixtures such as ceiling fans,
pendants, closet lights, exterior light fixtures, and bulbs from contractor's sources. Cost of LED "disc" lights or
recessed lights excluded from budget.
• Flooring (Level 1): Tiled bathroom floors, LVT in common areas, stair landings, Laundry Room, and Powder
Room(s). Carpet in bedrooms and on stairs.
• Semi -Custom tiled showers: CITY:4 included in Base Price. Locations are pre -determined by Contactor.
• Interior Doors/Trim: Hollow core doors with "craftsman style„ interior trim with 4" tall base. Staircases are
trimmed with a knee wall and handrail.
• Outdoor Shower: Standard outdoor shower included in Base Price. Includes shower head with enclosure.
• Garage Finish: Not Applicable.
• Interior Painting: Choice of three SW color(s) for walls in flat finish. (darker colors may be an upcharge).
Ceilings to be SW7007 Ceiling Bright White in flat finish, trim and interior doors to be SW7757 High Reflective
White in semi -gloss finish. Drywall to be a smooth finish in Level 4.
• Exterior Painting: Choice of one SW color for the main body, one accent color, and one front door color. Trim
to be painted in SW Pure White SW7005.Pilings, Lattice and carport/porch ceilings to be painted in Trim color.
• Shelving (Level 2): Ventilated wood shelving with 4 shelves in pantry/linen closets and single shelves in
bedroom closets.
• Structured Wiring: Includes CAT 6 data/cable combo outlets in living room, bedrooms, and flex rooms.
• Landscaping: Professional landscape plan with zoned irrigation as required by site with controller, separate
water meter, sodded yard (Bermuda), 2 tree(s) (15 gallon), up to 18 shrubs (3 gallon), up to 18 ornamental
grasses or Perennials based on availability, up to 7 tons of river rock (2"-4") for drip edging. Mulched as
needed. Some sites may not be able to support the full quantity of plant materials.
Terms, Conditions and Process
1) Specifications, Selections and included features on Addendum 1 and Addendum 2 supersede house plans
when in conflict. House plans may show optional features not included in base price.
2) Lot coverage: When structural options are selected that affect lot coverage, use of some pervious materials
may be required to offset the additional lot coverage. Pervious materials are not included in base pricing and
rules for pervious materials/surfaces vary by community and by municipality.
3) Contractor/Seller will make best effort to install brands quoted above and on selections upgrade
addendum(s), but Contractor/Seller reserves the right to substitute other brands and products of equal or
greater quality when the specified product cannot be received in the specified time. Substitutions shall not be
deemed as a change order in these circumstances.
4) Permanent utilities service connections such as power, telephone, propane and water services must be
transferred to/by the Customer/Buyer within 3 business days of closing. Failure to transfer the utilities may
result in a disconnection and interruption of service and/or additional costs.
5)..,, Afl wances/Budgets: Subject to 20% coordination fee for amount in excess of respected stated Allowance,
,Ceilit or budgeted item.
Selections of Structural Options
May � s 2ozz
Structural Options, both Standard and Non -Standard, must be selected and identified at the time of initial contract.
td selected after initial contract may not be guaranteed. Not all plans offer all options.
Standard Structural Options: Customer to identify and select all standard structural options desired at time of
initial contract. Examples of these options are below.
1. Selection of optional plan elevations, bonus/flex rooms, morning rooms, and or screen/covered porches.
�` A, � MLS
SAGA Construction, Inc. License tt 62306 - PO BOX 90, Kill Devil Hills, NC 27948 252.441.9003
HomesBySAGA.com

Authentlsign ID: 195D5F46.BD7B-4248-ADB4-CAFB5BA945C1
47 vJ �
2. Selection of windows and exterior doors.
3. Selection of accessory structures such as pool and fence packages.
4. Selection of interior packages such as fireplace, wet bar, and optional cabinet layouts and optional
bathroom layouts.
5. Selection of Furnishings/Electronics packages.
Non -Standard Structural options: Request for consideration of any modification or addition to/from stock/base
offering must be made at time of initial contract and these requests must be itemized. A $500 non-refundable
review fee will apply for such requests. Pricing for these items will be discussed with your Selections Coordinator
for final approval.
Selections Meeting
Customer will meet with SAGA's Selection Coordinator at the design studio within 14 days of initial contract for the
purpose of making final interior selections with respect to house. At this time Customer will also review and sign
off on all pricing, plans, and specifications for construction. Any cost of plans production, engineering, survey work,
civil work or feasibility work will be responsibility of Customer, if contract is canceled after this meeting.
Change Order: A change order is a written order between the Contractor/Seller and Customer/Buyer signed by
both authorizing a change in the scope of work and/or an adjustment in the contract amount. There shall be no
changes to the scope of work or contract amount except by a properly executed change order. Verbal
correspondence will not be honored. Change orders are subject to a $250 change request/coordination fee per
occurrence plus the cost of the change order. Change requests, after Selections Meeting, must be requested in
writing and coordinated through the Selections Coordinator. SAGA will make best efforts to accommodate
reasonable change requests per the Cut Off Grid but reserves the right to decline change requests based on job
status/progress.
Customer Site Visits: Customer safety is of utmost importance. It will be required that you only visit the job site
accompanied by your agent or a SAGA representative. We request a 48-hour notice to accommodate a walkthrough
of the home and jobsite to ensure your safety. Based on stage of construction hard hats may be required.
Disclosures
Pricing and availability are subject to change at any time and without notice until there is a full ratified contract.
Information is deemed reliable but not guaranteed. Artistic renderings and drawings are for conceptual purposes
and should be used for reference only. Square footages and measurements are approximations provided by design
professionals using industry standards and take -off software.
Special Note: Covid 19 has caused major disruptions with the supply chain and delivery timelines. We cannot
guarantee availability of selections or construction timelines due to uncertainty in the marketplace. Substitution of
products and services of equal quality may be deemed necessary. Substitutions of an item shall not be deemed as
a change order in these circumstances. We will make every effort to meet estimated delivery timelines and
schedules.
Customer/Buyer Signatures:
r Authenti 10/17/2021
Buyer
PM EDT
Signature:
Date
Date
10/17/2021
EDT Date
MAY 1 6 2022
-0)7 \VA-. Q«IM�B
SAGA Construction, Inc. License H 62306 PO BOX 90, Kill Devil Hills, NC 27948 252.441.9003
HolnesBySAGA.conn

Authentisign ID: 195D5F46-BD78-4248-ADB4.CAF85BA945C1
Limited One Year Warranty Certificate
SAGA CONSTRUCTION, INC.
1314 S. Croatan Highway, Suite 301, Kill Devil Hills, NC 27948
www.HomesBySAGA.com
Phone [phone] Fax [phone]
NORTH CAROLINA CONTRACTOR'S LICENSE # 62306
Congratulations on the Purchase of your New Outer Banks Home!
We have carefully constructed your new home to be free of defects and to exceed the standards in the
"Residential Construction Performance Guidelines" of the National Association of Home Builders, and
all applicable building codes. SAGA Construction provides every new homeowner an orientation and
review of their new home prior to closing and a one year walk-through. Our office staff will be happy
to assist with items needing immediate attention that cannot wait until the one year walk-through.
❑ Completed Homes - We will offer a walk through orientation of your new home prior to closing to
confirm that any agreed upon work has been completed and to provide an overview of your home
This orientation will typically take place 2 business days prior to closing The orientation is not a time
to create a list of new items to be attended to but is a review of work that has already been completed
or is in the process of being comRIted Any requested work or repairs must accompany the Offer to
Purchase and Contract or be provided on the Due Diligence Request Form
❑X "To Be Built Homes" or Homes Purchased During Construction - A new homeowner will have an
opportunity to create a punch list" during the initial "walk-through" inspection and orientation. The
walk-through will be conducted by the homeowners (or their designated agent) and our Project Super-
intendent or Customer Service Representative and should occur at least ten (10) working days prior to
closing date. To facilitate the walk-through we do not require the itemized listing of each minor cos-
metic discrepancy regarding paint and drywall finish. However, we are not obligated to make any re-
pairs of a cosmetic nature, Including the items as listed on the reverse side, unless these
discrepancies are generally noted on your initial walk-through report. Any discrepancy list must have
your
name, address, and contact phone number when submitted to our office. Any discrepancies noted on
the initial walk-through inspection will be scheduled for correction within 10 working days after the
walk-through. Please note: Moving anything into the property prior to completion of the items on
the original discrepancy list shall constitute unconditional acceptance of the property and a waiver of
any claim for defects or uncompleted work.
A one-year inspection will be available on the anniversary of your closing date. The one-year inspec-
tion will list any discrepancies related to settlement cracks or door adjustments and any subsequent
defects in structural, mechanical, plumbing or electrical systems. This inspection is optional and must
be scheduled by the homeowner. This year-end list will be your final opportunity to submit discrep-
ancies to SAGA Construction for correction under this limited warranty.
'a
I MAY
1 6102"L
0 \%JIA,
7011, CONSMIC710N A DIYI40P)AIN7
,,%ivi .IIonuwByS.%C.A.vom
SAGA Realty and Construction, 6445 N Createn highway, Unit B Rltty hawk NC 27949 Phone: [phone]E Fax: 990 Cruz Bay Ca,
Tams"y Aycock Produced with Lone Wolf Transactions (zifform Edition) 717 N Hamood St, Suite 2200, Dallas, TX 76201 www.lwolf corn

Authentisign ID: 195D5F46-BD7B-4248-ADB4-CAFB5BA945C1
INITIAL INSPECTION: The following are considered cosmetic repairs and will not be covered
unless noted during the initial "walk-through" inspection. Please review and acknowledge
your understanding by initialing next to each item:
Client has received the Homeowner Orientation Form
YEAR END INSPECTION:
Settlement cracks or door adjustments
Subsequent defects in structural, mechanical, plumbing, or electrical systems
PRODUCT CHARACTERISTICS ACKNOWLEDGEMENT
Many building materials have characteristics of which every homeowner should be aware
when making selections. Such characteristics are not defects or warranty items. These char-
acteristics may include, but are not limited to, the following:
Natural Wood Cabinets, Flooring, Etc.:
1. Variations in grain, color and finished look will occur in this product. This variation is not a
defect, but a normal characteristic of the product. The final product installed in your home
may differ from samples you have seen.
2. Natural wood floors will show signs of expansion and contraction and possibly cupping.
The Industry Standards all no more than 1/8" of space and not more than 1/16" in cup-
ping.
3. Exterior wood doors may require finishing with ultraviolet inhibitive polyurethane varnish
or Spar Varnish yearly as part of normal homeowner maintenance. Natural variations in
wood are normal.
4. Stained finishes will look different when applied to different wood species.
MAY 15 IM
CONSINROVION ♦ DIVItOFMINT
►►vvw.IlomesHys;1G:�,eom
Produced with Lone Wolf Transactions (zipFDrm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 76201 www.lwoltwm 980 Cruz Bay Cr,

Authenlislgn ID: 195D5F46-BD1B-4248-AD04-CAFB5BA945C1
Masonry Products - Driveways, Patios, Garage Floors, Pool Decks:
All flatwork is subject to shifting and cracking and should be expected to do so. There is no
warranty regarding shifting or cracked concrete flatwork.
All patio coverings are subject to hairline cracking.
Countertops:
1. Corian and other solid surface tops can be scratched or stained. Consult product literature
for further details.
2. Natural granite is a porous material and should be sealed per manufacturer's recommen-
dation as part of normal homeowner maintenance.
3. Granite and marble color variations, mineral deposits, veining and directional trends will
affect the finished look and will occur in this product. This is a normal characteristic of the
product. The final product installed in your home may differ from samples you have seen.
Carpet and Tile:
1. Slight variations in colors and shading will occur between dye lots, based upon the availa-
bility of raw materials or technological advancements during the manufacturing process.
There is no guarantee that your color selection will exactly match the sample used during
your selection process.
Exterior Hardware and Lighting Fixtures:
1. Metal finishes exposed to the elements are not warranted by the Builder.
Miscellaneous:
1. Care must be taken to protect screen porch material from damage by pets, storm or other
abuse.
2. Filters of all types require periodic changing and conditions require.
3. Some paint colors may be difficult to touch up or show variations in hue or luster.
4. Plumbing fixtures may have slight color variations between products due to variations in
material, manufacturing and/or other conditions.
IF. .iu+.q{
r/
Mar
1 6 Ztl2'L
4,""NV -F �ivvl)ur
CONSTRUCTION } OIVIIOPMINT
i%ivw.l I nit ties RySACA.eonii
Produced with Lane Wolf Transac0ons (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www Iwoltcom 980 Cruz Bay Ct,

AuthenBslAn ID: 195D5F45-BD70-4248-ADB4-CAFB5BA945C1
We hope you enjoy your new home! Please be assured that we will do everything possible to
accommodate you getting settled into your new home.
Please note that all warranty requests are handled through the office,
not through contractors or workmen at the site.
SAGA CONSTRUCTION:
Ir Authenti
BY: I APnx' d'
HOMEPWNERS:
BY:
kM
Mailing Address:
City:
Buyer 1 Email Address:
Buyer 2 Email Address:
PROPERTY:
ADDRESS: 980 Cruz Ba
TOWN/STATEOP: Corolla, NC 27927
Warranty Start Date:
Warranty End Date:
DATE: 10/17/2021
DATE:
10/17/2021
DATE:
State: Zip:
Phone:
Phone:
MAY 1 6 2022
�V �l�iQ�Pyour �s "' 'DCM- C
CONSI4UC}ION & OIVISOPMINI
w�4w.l
Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf cc 980 Cruz Bay Cl,