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HomeMy WebLinkAboutOIB_16-63_PociaskOcean Isle Beach OIB 16-63 Local Government Permit Number CAMA MINOR DEVELOPMENT K, PERMIT Coarral Managemenr oaso f ManI geme QVAIITY as authorized by the State of North Carolina, Department of Environmental Quality, and the Coastal Resources Commission for development in an area of environment concern pursuant to Section 113A-118 of the General Statutes, "Coastal Area Management" Issued to Stephen and Jennifer Pociask, authorizing development in the Estuarine Shoreline (AEC) at 25 Goldsboro St., Lot 12, Canal 2, Section A&B, in Ocean Isle Beach, as requested in the permittee's application dated November 3, 2016, and received complete on November 10, 2016. This permit, issued on November 22, 2016, is subject to compliance with the application and site drawing (where consistent with the permit), all applicable regulations and special conditions and notes set forth below. Any violation of these terms may subject permittee to a fine, imprisonment or civil action, or may cause the permit to be null and void. This permit authorizes: Construction of a new single family dwelling, decking, and associated landscaping as shown on the site plan. (1) All proposed development and associated construction must be done in accordance with the permitted work plat drawings(s) dated received on November 10, 2016. (2) All construction must conform to the N.C. Building Code requirements and all other local, State and Federal regulations, applicable local ordinances and FEMA Flood Regulations. (3) Any change or changes in the plans for development, construction, or land use activities will require a re-evaluation and modification of this permit. (4) A copy of this permit shall be posted or available on site. Contact this office at 910-579-3469 for a final inspection at completion of work. (Additional Permit Conditions on Page 2) 6UN WILMINGTON, NC NOV 2 22016 This permit action may be appealed by the permittee or other qualified persons within twenty (20) days of the issuing date. This permit must be on the project site and accessible to the permit offlcer when the project is inspected for compliance. Any maintenance work or project modification not covered under this permit, require further written permit approval. All work must cease when this permit expires on: December 31, 2019 In issuing this permit it is agreed that this project is consistent with the local Land Use Plan and all applicable ordinances. This permit may not be transferred to another party without the written approval of the Division of Coastal Management. Keith F. Dycus CAMA LOCAL PERMIT OFFICIAL 3 West Third Street Ocean Isle Beach, NC 28469 PERMITTEE (Signature required if conditions above apply to permit) Name: Stephen & Jennifer Pociask Minor Permit # 011316-63 Date: November 22, 2016 Page 2 (5) The amount of impervious surface shall not exceed 30% of the lot area within 75 feet of normal high water (Estuarine Shoreline Area of Environmental Concern), in this case, 1,494 square feet is authorized. (6) All unconsolidated material resulting from associated grading and landscaping shall be retained on site by effective sedimentation and erosion control measures. Prior to any land -disturbing activities, a barrier line of filter cloth must be installed between the land disturbing activity and the adjacent marsh or water areas, until such time as the area has been properly stabilized with a vegetative cover. (7) Any proposed for grading within the 30' buffer from the normal high water must be contoured to prevent additional stormwater runoff to the adjacent marsh. This area shall be immediately vegetatively stabilized, and must remain in a vegetated state. (8) All other disturbed areas shall be vegetatively stabilized (planted and mulched) within 14 days of construction completion. SIGNATURE: PERMITTEE k c.. . V i� DOM WILMINGTON, N1 NOV 2 "1 2616 GENERAL INFORMATION LAND OWNER Name Address City State Xlc Zip .ram Phone Email $Bi°lfi/ff% e> a/1Z,, c r rit AUTHORIZED AGENT Name XM&&]2�z11 X11y comzx) t/ y 14l-111- 6Xi 'l - IAA( It f YX11 ? A 1Y Address 42 Ayx 5w7 City Z-eAF 121 >SLE State //G Zip;? O? Phone T162 Email L 1iDI-mfi/G •C6 .t LOCATION OF PROJECT: (Address, street name and/or directions to site. If not oceanfront, what is the name of the adjacentwaterbody.) lr1SFSAAn iT Eet/—ei9!/fJ%� DESCRIPTION OF PROJECT: (List all proposed construction and land disturbance.) �fi/ P f/T�` i Oi4 <vr/flilUc%/O / rim % .%cam 51i1�4E f/Jfil/tY �/=S/,�,F,vc�; LviTrr' �lf./Os SIZE OF LOT/PARCEL: — i` square feet acres PROPOSED USE: Residential [a'�_ (Single-family []"'Multi -family ❑ ) Commercial/Industrial ❑ Other ❑ COMPLETE EITHER (1) OR (2) BELOW (Contact your Local Permit Officer ifyou are not sure which AEC applies to yourproperty): (1) OCEAN HAZARD AECs: TOTAL FLOOR AREA OF PROPOSED STRUCTURE: square feet (includes air conditioned living space, parking elevated above ground level, non -conditioned space elevated above ground level but excluding non -load -bearing attic space) (2) COASTAL SHORELINE AECs: SIZE OF BUILDING FOOTPRINT AND OTHER IMPERVIOUS OR BUILT UPON SURFACES: 4yyysquare feet (includes the area of the roo&drip line of all buildings, driveways, covered decks, concrete or masonry patios, etc. that are within the applicable AEC. Attach your calculations with the project drawing.) STATE STORMWATER MANAGEMENT PERMIT: Is the project located in an area subject to a State Stormwater Management Permit iss ed by the NC Division of Water Quality? YES_ NO If yes, list the total built upon arealimpervious surface allowed for your lot or parcel: AIA square feet. Ht_�. vcD GCM WILMINGTON, NC N 0 V 1 5 2016 DIZ /& -63 oTHER PERMrrS MAYBE REQUIRED: The activity you•are planning may require permits other than the CAMA (minor development permit; including, but not limited to Drinking Water Well, Septic Tank (or other sanitary waste. treatment system), Building, Electrical, Plumbing, Heating and Air Conditioning, Insulation and _Energy Conservation, FIA Certification, Sand Dune, Sediment Control, Subdivision Approval, Mobile Home Park Approval, Highway Connection, and others. Check with your Local Permit Officer for more information, STATEMENT OF OWNERSHIP' L the. undersigned, an applicant for a CAMAminor development pew being either the owner of property in an AEC or a person authorized to act as an agent for purposes of applying for a CAMA"minor development permit; cer*'thatthe 'person listed as landowner on this application has a significant interest in the real property described therein. This:interest can be described as: (check one) an owner or record title, Title is vested in _ see Deed Book page . , _ in the County RegistryofDeeds. _an owner by virtue of inheritance. Applicant is, an heir to the estate of probate was in _ County.. r/if "other interest, such as 'tten con or 1 e " belo r use a separate sheet & attar to this a " lication. �i.S� cli��.� ���o��,v-ytir,�ro .��� NOTIFICATION' OF ADJACENT PROPERTY:OWNERS:. I flttthermore certify that the following,persons.are owners of properties.4oining'this property. I affirm that I have given ACTUAL NOTICE to each of them concerning my intent.to develop this property and to applyfor a CAMkpetmit. (Name) (Address) (1) (2) (3) (4) ACKNOWLEDGEMENTS: L the undersigned, acknowledge that:the land owner is aware that theproposed development is planned for an area which may be susceptible to erosion and/or.fioodmg..I acknowledgethat the Local'Pemrit Officer has explained'to me the particu lar,hazard problems associated with this lot. This explanation was accompanied by recommendation's concerning stabiliza- tion and floodproofing techniques. I furthermore certify that I am aurthorized to grant, and do in,fact grant, permission to Division of Coastal Management staff; the Local Permit Officer and their agents to enter on the aforementioned lands in connection with evaluating information related to this permit application This the 310 day of AiVP-_ 2016 to.act a9his/her agent for purpose This application includes: general.informahon (this form), a site drawingas described on the backo, f this application, the ownership statement, the Ocean Razvd.4ECNodw where necessary, a cheakfor $100.00 made p;yable 10 the locality, and any informatton as may provided orally by the applicant: The ' -details of the application as described by these sources are incorporated without reference in any perm#which maybe issued Deviation firm these details will constitute a violation of any permit Any person developing in an AEC without permit Y subjed to civil criminal and a&ninistrative action. Oct 11,20.16 12' FM me. uujj r, i nF TOWN OF, OCEAN ]SLE. BEACH 3.WMTHIROSTREET FAX E D OCEAN ISLE BEACH, NC 28469 oce-anisle TELEP OCT 112016 Ei F A C N FAX (010) 579-8804 TO: TAX COLLECTOR DATE: —Octdbef 13,2016: FROM: Wortman Law Fift, PLLC CONTACT, Jasmine PHONE: (910)755-7252 FAX. (910)755-7291 TAX CERTIFICATION PARCMIQUM99K 2440QOIZ LEGAL DESCRIPTION L-21 CANAL2 S-AiR OIB PLATH/9744.00011T, PROPERTY ADDRESS 25 GoidshoroStreet, Ocean isle Beach, NC23469 CURRENT OWNERS Unwood Edwards and Charles E. Early NEW, OWNERS Stephen 01. Pociask and Jennifer Poclask NEWOWNERSADDRESS 147338rick Church Court, Charlotte, NC 28277 TELEPHMENUMBER(S) N/A CLOSING DATE October iff, 2016 Wa s YES /V0 Arfifib ry Sewer connection certified (PLEASE ALLOW UP To 48 HOURS FOR COMPUTION OF FORM) TAXES AND ASSESSMENTS (FOR PARCELS LOCATED ON CANALS- . THEMALASSESSMENTSARE INCLUDED IN THETAXAMMINT OUREACH YEAR) YEAR AMOUNT WATERNSEWERRILL $ METER DEPOSIT $ *41f new owner please advise them that they must complete an applicat(orli for utility service. Also, service. Wit( be disconnecteCon closing date if deposit eposit her, not been paid. TOTAL AMOUNTTO BE COLLECTEDATICLOSING $ - 1=-&25 IjIAILTO: TOWN OFOCEAN ISLE BEAMMESTIOURD S4 OCEAN KLEMM& NC28469 COMPLETED By-.LM DATE - _*I 1, Samuel T. Inman certify that this plat was drawn under my supervision from an actual survey made under my supervision (deed descrlplM,i1jorded in Book 1787 . Pogo 1107 . etc.) (other) ass references; that•th�!* nd6fi�� not surveyed are clearly Indicated as drawn from Information foyOd* IF6t �ijhat the ratio of precision as calculated is 1:7500+; t✓; `� �sssssspG� yEr accordances with C.S. 47-30 an amended, Wltnais ��jjel~" ury4� �n number and seol tfis 6th day of October, A.D_�201&--1�nae SEAL 1 Y tNNP: T. ..� Vol � s Vol g IMPERVIOUS AREA CALCLII ATInNc R/W = Right -of -Waif 14d?-tx /i , s 111r1yj* is'C Ks p ti.✓c S 65'31'55' W I � Lot 11 18.78' Tie Line %%vc r �tyy Ex. House 27 Sao, 7' LEGEND : --*- Existing Iron or Iron Pipe -o- New Iron Pipe Set 1- Existing Corner (Type Noted) REFERENCE : Deed Book 1787, Page 1107 Map Cabinet H, Page 374 NOTES : I. Area By Coordinates 2. Femo Flood Map identifier, Parcel as being in Firm Zone 18, Community Panel 375357 1075 J. 6/2/06. 3. Tax Parcel No.: 2440QD12 TBM-MAG Nall Set on Edge of Pavement Elev.-4.21' (NAvD 19B6) 4.37 0 It or 0 s \ � �Os � err a ouse Proposed H 25 \ x4.6' LOCAT11N CAM 0 & 4.44' -N �& OB Sewer "TT�rjll: Pump SS -21 4.4' Concnxs �0 Twmfeomwr Z a, e a1339W o a� Lot 13 �o 'ibacrrt• LELc� 0WIR I NOV 1 0 2016 v 4. Latitude: 33.89572 N Longitude:-78.41688 W TOWN OF OCEAN ISLE BEACH Vol 16 PLANNING B INSPECTIONS 9 t Lo EC!=1VED Plot Plan, Spot Elevations do Boundary Survey Of Lot 12 - Canal 2 Section A&B - Ocean Isle Beach 1 5 2016 "Stephen & Jennifer Poeiask" Shollotte Township Brunswick County, N.C. 0 30 60 90 Graphic Scals - Feet iii Scale 1' - 30' September 23, 2016 (Boundary) Iql PDB Rev. October 6, 20IS (Plot Plan) ASSOL1A1f5 P.O. . 13L5 p%1117 %KLOf1E, N.C. 78959 (910) 75+000 (910) 754-5986 fa VR Q"V " s— un c.c,a.....� �..�... { U << f Nov,l wjjjjffogmp• ._. �• �l3iC•P n B111LDII�Y., SECTION AM •�YwA^� /DTYP. WALL SECTION Ln 0 z F(Nov �1 Io zoos U r os aIFIED MAIL° RECEIPT ry in}OMMIOn, visit our websile at www.usps.cortAna m. r ,,.�. •/ � Fnst�Ja Cerged F" 0 o Fe�mReR 8Ci.0ri o tC do+sa�e C3 Res•:>ed DeWery Fea O i�,dp(ysment RegWm N $0. 4 Q- T "Posle9s & Fees $ o $6. o �-�-���0-gz�t�r� t` orPQbozNo.-.�C�.Q� G,ly�s%R 0470 10 Poelmalk��; Imo_ 11/03/2016 NOV 1 0 2016 U ' ,vELL _ iP1ANOWN NINGOF 0 CBNSPLEBEACH /I `l .... 1 r _ PLAN NING - EC7IONC RE: CAMA Application Notification Dear �'vyf /- 11116 g f �osr/EL� This letter is to inform you that I have applied for a Minor CAMA Permit on my property located at Lot 1�, Block4Aw,,- , Section /5,4Q , with a physical address of Ocean Isle Beach, North Carolina. CAMA regulations require me to notify you of my intentions. I have enclosed a copy of my permit application and a copy of the proposed project drawing. If you have any questions on my proposed project, please contact Keith Dycus, Local CAMA Permit Officer for the Town of Ocean Isle Beach at 910-579-3469. Sincerely, /'f 7l3 %i<c& Cf Cr/rL'% C// 77z-' .c% a ZJ !7i RECEIVED DCM WILMINGTON, NC NOV 1 5 2016 M m r r 0 r 0 C3 0 0 C3 IL Er O Ln ra M r L06 P1F1P'L I A Postge O C.d&d Fee $0.0.� Retem Rewipt Fee (Endyse., Re .d) $0.0( RestrMed DOWWY Fee ' [Endorsement RegOP $0• Totes Postage 8 Feaa 10 R 11/03/2016 RE: CAMA Application Notification Dear &6V,�,ic &if,7l°E:�nksr idc : NOV 1 0 2016 1 This letter is to inform you that I have applied for a Minor CAMA Permit on my property located at Lot /®7 , B1ockG ge,/er, Section 15�4% , with a physical address of RS Gu7lDfDd.4D sP�EET Ocean Isle Beach, North Carolina. CAMA regulations require me to notify you of my intentions. I have enclosed a copy of my permit application and a copy of the proposed project drawing. If you have any questions on my proposed project, please contact Keith Dycus, Local CAMA Permit Officer for the Town of Ocean Isle Beach at 910-579-3469. Sincerely, !�}7l3 B�4luf ct�i�.Q« ceu�% 61141(ka722' RECEIVED DCM WILMINGTON, NC NOV 1 5 2016 AGENT AUTHORIZATION FOR CAMA PERMIT APPLICATION Name of Property Owner Requesting Permit: 5%F/�/lFd i9.�lD Tcr//Jir�iP % c/i9./r Mailing Address: C2/ 54 *' rlaur9% Phone Number: 7n?- 1 yf I�� Email Address: 'I /sfi e YryiS�ao �� I certify that I have authorized RAl/'H f yfJf�l3f3rr��l/ Agent / Contractor to act on my behalf, for the purpose of applying for and obtaining all CAMA permits necessary for the following proposed development: _co IYST/rrj�.% Wr4i Irl.410.44 F414 V Dl "E ""Z' 14 at my property located at �S Ga�Ds/3�s/<J sT/t �Ei in 9A&1&11c4 County. / furthermore certify that l am authorized to grant, and do in fact grant permission to Division of Coastal Management staff, the Local Permit Officer and their agents to enter on the aforementioned lands in connection with evaluating information related to this permit application. Property Owner Information: Signature poc'i A&C _ - f)' /( , Doc, co Print or Type Name Title -0-j Is - Date NOV 1 0 2016 I TOWN OF OCEAN ISLE BEACH PLANNING & t!NSPECT"s This certification is valid through t2k_2/ L -1 —r i EC, ff IVED DCM WILMINGTON, NC NOV 1 5 2016 AEC HAZARD NOTICE Project Is In An: Ocean Erodible Area High Hazard Flood Area Inlet Hazard Area Property Owner:_ S1 EPhT1,1 I}AlO 7jkLhU/F�R &cli9s/r Property Address: �5 Co/,/J��O�O STAET Date Lot Was Platted: This notice is intended to make you, the applicant, aware of the special risks and conditions associated with development in this area, which is subject to natural hazards such as storms, erosion and currents. The rules of the Coastal Resources Commission require that you receive an AEC Hazard Notice and acknowledge that notice in writing before a permit for development can be issued. The Commission's rules on building standards, oceanfront setbacks and dune alterations are designed to minimize, but not eliminate, property loss from hazards. By granting permits, the Coastal Resources Commission does not guarantee the safety of the development and assumes no liability for future damage to the development. Permits issued in the Ocean Hazard Area of Environmental Concern include the condition that structures be relocated or dismantled if they become imminently threatened by changes in shoreline configuration. The structure(s) must be relocated or dismantled within two (2) years of becoming imminently threatened, and in any case upon its collapse or subsidence. The best available information, as accepted by the Coastal Resources Commission, indicates that the annual long-term average ocean erosion rate for the area where your property is located is a feet per year. The rate was established by careful analysis of aerial photographs of the coastline taken over the past 50 years. Studies also indicate that the shoreline could move as meth as _feet landward in a major storm. The fl o waters in a major storm are predicted to be about feet deep in this area. Preferred oceanfront protection measures are beach nourishment and relocation of threatened structures. Hard erosion control structures such as bulkheads, seawalls, revetments, groins, jetties and breakwaters are prohibited. Temporary sand bags may be authorized under certain conditions. The applicant must acknowledge this information and requirements by signing this notice in the space below. Without the proper signature, the application will not be complete. ll �� Applican 1 n Date SPECIAL NOTE: This hazard notice is required for development in areas subject to sudden and massive storms and erosion. Permits issued for development in this area expire on December 31 ofthe thud year following the year in which the permit was issued. Shortly before work begins on the project site, the Local Permit Officer must be contacted to determine the vegetation line and setback distance at your site. If the property has seen little change since the time ofpermit issuance, and the proposed development can still meet the setback requirement, the LPO will inform you that you may begin work. Substantial progress on the project must be made within 60 days of this setback determination, or the setback must be remeasured. Also, the occurrence of a major shoreline change as the result of a storm within the 60-day period will necessitate remeasurement of the setback. It is important thatyou check with the LPO before the permitexpires for official approval to continue the work after the permit has expired. Generally, if foundation pilings have been placed and substantial progress is continuing, permit renewal can be authorized. It is unlawful to continue work after permit expiration. For more information, contact: Keith F. Dycus Local Permit Officer 3 West Third Street Address Ocean Isle Beach, NC 28469 Locality 910-579-3469 Phone Number U�r 1E ED NOV 1 �C IL TON, NC TOWf`•OFOCEAI4ISllE 1 5 016 I Pl Atditi4� ECT_ I,�, _ over taxes, rnau'•acrrverry:maydifferfromadJ Legal Description: (Complete ALL applicable) o,rumssshown.) Prat Refentmcei LotfUriiF . B"'klSee"O" ,SubdivisiogCotidoininiutn NfA The.PlNlplDorothcrideatificauannum,asshorsnmrPlat 800U51ide H aiPagets) 3Z4 Olherdescriarion•L-1+1 r,cau a ¢erorthe.Prop4kty,isi 2440003.2_ Some-orauufthe:Pm u . PLAT pertYTtla be described in D16d$ook. (dj "Purchase Price"; $ - _250 000,00 S paid in US. Dolia _ S BY DUE DIL OE: BY INITIAL EA Agent' named- in I Q who transfer, ( S frve (5)'days of the --. BY (ADDI770NA Escrow Agent nor as Orkin' bank COWS An 1=nvelopQ 10:2CEEEIAE-2FA8:4170-617E-CDGF24F85B68 OFFER TO PURCHASE AND CONTRACT -VACANT LOT&ANU f.C(nsuft `Guidelines" (fonm,I2G) forguid-Ince in. completing this loan) 'NOTE: Tbis cantmcl' is intended fur unimproved real property that Buyer will puichuse only for personal use and dues not hay, immediate plans to subdivide. It should not be used to sell property that is being subdivided unless the property has. been platted properly approved and recorded with the weraeisterOf deeds as or the date oftile contract. If Seller's Buyer's builderand the sale involve. the constructionor, of a new single fami'Y dwelling prior to closing, use the standard Offer to Purchase and Cuntiaci—Neiv Coast (Form 800+T), rm if'the construction is completed. use the Offer to Purchase turd Contract tFornr' = Tj withtheNew Constr ction iiddendnm.(Portn2A3 j For valuable cansito sell n, the receipt and tegal sufficiency. ofwlalh are hereby acknosvle¢gcd, BuyerylfCr's to purehntt;;rod Seller upon acceptance agrees to Selland convey the property en the teens and conditions nl'tftisOfferTo Permhase and Coaiiart and as or modification made in accord wilt its terra [together the "Co uracr); ' y addendum' f.. TERt4LS AND DEFINITfONS: The tents listed belo term. w Shall .huve. the ;mspeetive;rheanm__ given -them as.art{urdl adjacenj. to each (a) "Seller":ITNwooD EDwnane _ (a) im overneHy": The Property shalE'nclude all. drat.teal estate described below together all appuneaauxti�c dtemto including the rmpmverrtpnts located thereon VOTE: Jr,the property will include a manofactured (mobile) hoine(s), Buyer and. Seller should consider including the Manufactured (Mobile) Home fall in the Additional red (mob' Addendum (Standard Form 2t�t iuld With this offer Street Address: 25 GoLDSB0p ST, City;.00EAN i5LE :BEACH` NOTE: tollowing.terms: cr uCruSff made payable turd' detivcrtid to Esctxsw by Cl cash `QxQ" personal check 0 affiefal bank - Check transfer, ETHER Q,with this wre, OR [x] within EARNEST MONEY -DEPOSIT made payable and delivered to d OnPjjrsPam"mPb I(f) by rash or immtdiatelY available feuds such check, wife transfer or 4lectrimic transter po later than S to Said date. .TIME "� Vlf Or THB' ESSENCE with regard - BY ASSUMPTION of the unpaid principal balance and all ob[lgatibns-o[ Seller on the Loan ng loans}scoured"by a toed of trust on the Property in aceord"it"! With the attached; z Loan AssunlptionAddendum (Standard.Form:2A&T). ' BY SELLER FBYANCfi1G'n;aceardance with the atlaclied Scher Financing Addendum. S .. 257 400r0`0 (StandardForm 2A5-T): BALANCE of the putghase Price in cash at: be paid Settlement (some oral] Of' dh7ch.rtta�� with the proceeds of a naw bna ), nvHThis form-,iointtyapproved by: Page I or.tl North Carolina IS`ar Association STANDARD FORM L-T ., North CnroGnn AssodniFoa vLREALTORS0, Inc. aslcgr 'Revised 7l20I6 Buyer Ii nitiids 9.' 07C016 evr<x,u $ellerinitials ¢Nr1Ga6�iCamsuS>.nr]Yt•(kem We Qufir;�eSa(n _ . ar cetivdE bPForM` fhnc0 no-'gAtt r< era}v..�ir by Ggtcglx t8Qr0Flihen. N:taRCa4 Fraser. f.4jilgan qgQ//; ,..,, rWrrR;i1: _OocusIgn Erivetape10:20EEEIAE-2FA6..{17p_gT �4F95668 ShouldBuyer fail to deliver either the Due Diligence Fee or any Initial Fumes[ Money Deposit h} therdfie d:uca px should ar check Or other funds . prod by Buyer he.dishonored, for any reason. by the nistiulti upon which the: paym: C iv dawn, gayer situ have one: (1 }banking day after written notice ro deliver dish ar Immediately available funds which he 111 not timely detiyer:c5sh or immetilately available fwals;.:Seller shall.liare [he.tight to terminate. this Canoed upon writtennoticee Boyer, payee:an the event $tiger doe' Monies "Barnes[ Money Deposit": The Initial 6mrstMoney 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 tvfattey Deposi ;shall be deppsi[ee and held in escrow by Escrow Agent until Closing, a( which Unue it trill be credited to Buyer. or untftfiisCbnvact is ohetwise. torntinated. To the -even[; (() this offer is not accepted; or (21a condition of an Money Cito Buyer er uposhall n a refueled to $uyec to the event of breach of`Cltis Contract by Selloresulting trntltet Eamoes feuesaisfiev Depasthen l'tteshali bt the.refunded nt o Buyer upon Boyers request, bul,such return shall not affedany other remedies available to Bowr for such breach. In the event of breach of this Contract by Buyer, the Earnest Money Dcpa ft shall be paid to Seiler its litioida4ed damages and.as Seller's sole and exclusive remedy for. such breach, but without Ifmitfng Seller's dghtsunder Pamaraphs 2(u)aod 2(d) fordantage:m. the Deposit Cory Seiler i i. right to retain the Due Diligence Pee: It is acknowicdged by the, panties that paymedtaf the Eames{ 147dnej• Depona le Seiler in ttte event of a breach of :this Conleaci by Buyet"is t: ged by t ery,nmf trot Punitive, aymtoo tt amount t i fdu a reasonable estimation: of the actual fo,s tfmr Seiler would incur as a result nl such breach. The aDeposit to Seger shall cull tonstiwte n penally or forteitura but actual aaastp anon far Sc1I (s antieifwed foss. nest payment of the Eames[ Money ackftowtedging the difficulty detemtining Sellers actual- datnadec fpr pooh breach, ponies the lerno against the other to. ti:cover the Bantect Money Depos( the prev:dfing party nitlte praccetl 1. shntF be uti[icd [o ngs are linought r recover­er or frtini the no IT vailingpartyreMonableattorney.Fees•andcooncbtisineuae[Cu)connection,ariltttcprrocshailhe (t7 "Escrow AgetiC' insertnume)•- T2ITRACOASM Rnr.T.TY TRUST NOTE.; In, the event.ro a dispute between Seiler and Buyer nve the disposition of the E uvvest h?oney Deposit held in escrow, a licensed t,;a( estate. broker ("Broker,) is requited by state, law (and Fsceciv Agent,. if not a Booker. hereby agrees); to rota n.'fha Earnest Money Deposit in the EsCroAv Agent's trust or escrow account until Esc Agent hoc obtained a nruen rctease:: from [his. an Attorney licensed d to iracticttiI until is is ordered by asuurt pfcompetentiurisdiction. Alternatively, if a Broker or an attorney licensed to practice law-. m North Carolfba ("Attomev"1 is holding the Earliest 1Toney Deposit. the Broker w• Anorney tray, deposit the disputed monies w(0r the appropriate clerk of court in accarrlance•ivity iha lirovisions Deposit- .' rbkA l THE PARTIES AGREE THAT A REAL F-STATE BROKERAGE FIRST ACTING AS ESCROW AGENT-NIAY PLACE THE EARNEST TvION$Y DEPOSIT IN AT\• INTEREST BEAit._TNO TRUST -ACCOUNT AND THAT ANY th7E[ZEST EARNED FTT6REON SHALL EE DISBURSED TO THE ESCROYr �AG_W NIONTKy IN CONSIDF RATION ) THE EXPEty*SES INCURRED.BY MAINTATMN( SUCH ACCOUNT AND RECORDS ASSUCIATEll THEREwt7 H> iln 'ndQ)ivchsigni gorhiidolingishedato that., hellstoneOFBuyer:andSeller has signedoriintiatedthis'dflaecejhxfinalcountomrfer:ii" ack and{3}suchsigningartmtialingiscammunicated.toll[epaCt)•makingtlieoCferaiCounttrnCforastlteruetnaybe.,11, frties acknowledge and agree that the nIinitials hat ones at the'bottom of each page of this Contraca are merely, evidence. of their having .reviewed cite terms of each page,'and: that theaptpplete exec orsuch htltiafs Imes shall nni be a condition of the effectiveness or Utis Agreement, (h) "Due Diligence": Buyers: opportunity during tbe� Due .Diligence . Period to investigate the Property aid ale transaction contetnpla[etl by this Contmet, including but not necessarily limited 11 the tuattemdescribed in Paragraph 2 below. to decide whethdr .Buyer, in Buyers sole diseretica. will proceed withor terminate: the.trnnsaction. e Di "Doe Dring theDue I: A negotiated amount, if any, paid by Buyer m S.cllcr with this Contract for Buyer's tight to conduct Duc Diligence during the Due Diligence Period, It Shull be the propedyofSeller -upon the�Effective Date and shall ben credit to Suyer:a Closing. The •Due DitigenceFeesliagbenon-refundableexcep:fntite vent•ofamatera]'breachorthisContractbySeller:orifthis GOntMet is. terminated.dnder Paragraph 6(ml or Farngreph 9,-or ac athemke,pmvided in int}• addendum hereto, each Seller each expressly waive any right that they nua- have to deny the right to conduct Due Diligence or to assert aft)- defense as to the enforceability of this Contract basedon the absence'nr alleged insufficiency of any Du Due Diligence Fee. e Diligence: Fee. it behug; the intent or The ..parties to create a legally binding contract for lire purchase and - sate at the PPropertywithoutregard tuthe exfsceaa m or amount of any . C) "Due Diligence Period"t The regard Bnyernuitials'7�` on the Effective Date and extending through i;6p p:uit on 17MEBEINGOETHBESS CE Paget of 1 s oa Segerinitials Reu.w+•sb..xipPom:6W uFi;pgq r6a706netnztpo a:a6Fm+� irctsayta8a28 '�.¢n: STANVARD Fo prd 12.1 Revised 712016 © 7/2916' f OMISK r - t)oEiiSlgn Envelope 10: 2CEESIAE2FA6-417D•817E-Co0F24F95S6a (k)' "Settlement": The proper ezeeu(ion and delivery io the closing attorney of all documents, necessary la tvhipletr Uie. irmsacti ' contemplated by this Contract, including the deed, selilement statement. deed' ul'lnistand other•{oas er co (tot the closing attorney;, receipt of all funds necessary to eompiete such transaction: n anee unrti[nc_ morons. arc (t) "Settlement Date"'. The parties agree that Settlement will take place tin _ October:2B 2015 (the "Settlement Date"}, ynless othervfse agreed in writing, al a thhe and plane designated b}• Bnycr, - (m) "Closing": owinot mpleti I or the Icgal'Process which results in the transfer or t tle to the Properly IrcnrSel ler (u Boyer, a�iic] melody,: the fallowing steps: (1) the Settlement (defined above); (2) tlr completion of .t satisfactory title update to the Propett; Following the Sett(emi;nt; (3) the ctosing anumey's reeeiptof authori7ation to disburse al l meeassan 1ii15ds; and:t3)•rarordauon in. the appropriate county registry of the deeds) and deed(s) of trust if tn),,,whirh ,Raft fake place assoon as rcawnabk Closing attorney After Settlement Upon Closing, (he proceeds of ,;de Shull be disbursed l ttas-so the settlement statement and the provisions of Chapter-45A of the North Carolina Geuemf Statutes if the bile update should reveitl y atlataey m accordance wiUt unexpected liens, encumbrances or othertiUe deFeets, ur if(hr, rlmsirtg attuntcy. is notauthori2ctl to disbarseall nccessug• funds, then the Closing shaft be -suspended and the 5ettlenien[ deemed delayed under paragraph ID (Decay in o disbneoVfl"CCLS;. WARN&Vet The North Carolina State Bar Rex determined that tlrr perl'ormmnce of most acts and sen•)cesrequired far a closing consti its O fic practice iv law :iod must be Performed only by an attorian licensed to practice .lay, in �unR:Carolraoi Slate ling Performs nnhcene" individuals or Pans from rendering legal services itradvice: Although con -guars xserdcmem agents niuy Perform tirmted services m connection with a closing„ tfiey. may nut perform all tlizacts and services mquircd!o runtpleteru ctosing. A clrisinginsolvey siennficant legal issues lhat sMuld be harrdletl M• nit or me •, _ Bar Asa to per a ru A pre h'onh C.lro1)na Association bf REALTORSp that all buyers should Rime ms attorney licensed1. in, North o ) Accordin"Ix n i.� the positieutof the Nenh Caroliittr Carolina to perfontt aclosing (n) "Special Assesnielits": A charge against the Property by ,t gatrrcrmeor8l w[hor tjain addition lid v;tlomnY taxes and recu governmental service Fees levied ope such taxes, or by an owners zS'smiation in addition to any rcgolar assescmen[ (dues). either of Which may 6e a lien against the Property. A Special Assessment may be either Proposed td• trines "Fro osed Special - P Posed or confirmed, P P 'Assessment:": A 5peciat Assessment these is under• formal cottsideration but whi has; nut heart approved prior to Settlement. "Conriimed Special Assessment,': A SpecialAsses,olem that has been approved prior to Se(tlen[eat ,,huller or not it is Full, payable at time of Settlement. 2. It - YER'S. DUC DILIGENCE pROCFSSi t,illhe Lan if During The Due Diligence Pedod, Buyer; at Buyers expense, shall be entitled to pursue qualilicatfral for and approval of the Loan if Any,; _ (.VOTE: Buyer is advised to consult with Buyers tender prior to signing This otierto assure th& the Due. Diligence `Period allows sufGe'ient time for the appraisal 10 be completed and for Buyers lender to provide Bttyer sufficient hTonnutiou to decide whether alto W proceed. with. or terminate the transaction since,tRe.Loan is not a condition of the. Contract.) (b) Property Investigation: During: the Due Diligence Period.,Buyer or Buyers:agerts. or representatives: at Bit is expel shaft be entitled to conduct nit desired tasts,aurveys, appraisal. im;cstgatior_ig,; examinations:and inspecticnr cif the Property as Buyer deems appropn'ate, including t ut NOT limfied-lo the Following (i) Soil And Enti ronmental: Reports to determine whether the soil is, suitable for Buyel's•intended yscand whether there' is any environmental contamination, law rnfe or regulation that may prohibit; restrict orlimit Boyars intended use. (ii) the cost and;ex stem:.hay .applicable. investigations) to determine: (I l Ure. condition of an eatsN in sew d u system. (2) the costs and expenses to `install a szwoge expense to connect to a public or system approval bl' an existing linpg>,vement Permit, CiY die availability and community sewer system. and/or (4) whether an Impnrvcincnt Permit ur written evaluation may be obtained. from the County Health Dzpnnmcnt fur a suitabtegmund nbatirpmun sconce system.. fill j costs a Any applicable investigation(x) to determine: Ul) the conditton o€ an egt,trn private drinking inater well, (�) the costs and expenses to instrtll a private-- drinking seater well approved by ;in existing Construction Permit., (3) the. availability. casts and expenses to connect to a public or community water system. or a snared poiatewelf, andlur:(4) whether a Gonst mentn Permit may he obtained from. the County Health Department fora private drinti Linking water well. (iv) Reviewufbeclupents:Rev)ewoftheDeclarmitniof:Restrictive Covenants, Bylaws. Articles of - Incorporation. Rules and Regulations, and other governing documents of any, applicable''oivners association and/or subtfiyis(tvh, if at, prap'erty is Pa., 'I STANII{RD FORM I2.T Buyer inidah;. V' Seller inikats Ir l� [revised 7&016 ecarcea.am,�F,,,mar=iatca�.'xsmarermnSve Aaaaruxr.sanuan.reozs .n.. ©-7I2016 DocuSign EnVatoPaID; 2CEEE1A62FA6417DLBi7E.CoqEiUFSSaBa subject to regulation by all ownON- And Addendum It is mcOloftlendad that Buyer W, Buyer ,I - - (SlUndaixt Form 'A,12-*r) provided by -jew he compilejx, Owaers� As�sqciatitn determine if the Owner,- Seller Prior to signing this ofiar� It is 4110 Mc011anended that the by. 1311yer's tender or "Onfir , Association or h' Mainnannent Company, charges recsfor providing le (11) A ])Praisals. A Milig restrictive illronnation requi -, n appraisal Or the Propety, (vi) Survey: A survey la-delarmilte.wh - setbacks, property boun ether the property Ls,.k1lbAbfe for Buye's intended use And ilu- location, of ensenclus. daries 011d other issues which 0, ro - Zoning and Governmental Regulation: Or may notconslijule title Meets, Regulation: Investigation ct+rreut or proposed -zoning Or other ipi�ernntenta regulatiwi that may Affect Buyer's intended use Of the Pro rtv a#jcclu land� use, school attendance PC •planned or propojed., viii m"td construction, and ul Flood ffm�ard: Investigation Mulance in order to obtain the Loon.. Potential haialrds on the Property, and/or and. requilvillcAl Ill Purchase flood ( ix) 1)(1111fies And Access; Mailabil an - Communication services, ,sturn I fly. quality, and oblilituiom far' maintenance neater management, and;1ranns of -access to fba'Proper of i Utilities including clearie, gas, i s) Streets./Riiaft Invesdilalof the status of the Sir and amcnilics. Ntmet/road used t . o ace (1, c Propen) including- act/roall upon which the P , rdperq- fronts as colt ;is any Other a whether -ally Streel(sYroad(s) Are public or inivatc.'(2) wliciber Any Slicet(s)(road(s) designated as public,Are Accepted or not, accepted forblipublic maintenance he for m Pa funding of ' I c0115eqUeltm-sanif responsibility tor aly-maenance agreenems. lerin., and NOTr. _NC Galicia, Staudes Sece loll I tun� y ithe �Sunafc�) rell -'� that under describ d, Statute, a biter must be provided A stibilivision •stiaid,� discl6surc a in the, subdi,videdProPertydescTibediTlifiL,S[ati,la I statement Mar to enterin•, iota all agreement to buy thixContract is subject to the S rl3uYerorScltcrari-ufwertaill%vhellierthe.sid,fthe ti'llilte. consultor 14C real estate ate 6MLY'describetkiii oney. (c) Buyer's Obligatfpn to 12epaii• Damage; .Buyer shall, at Buv�rs:expenzd, prarnptly repidr arm damf-.'(: to the Property rewlnng*'from my activities of Buyer end Buyera agents and rantrtt.tors, bucBuyer s65R not ha responsible firany, damned caused Is- examinations And inspecuo"ns of the Property. This repnrr abligatiomshrill survive any tcrntiomitsn of this Con[mct: (,d) Indenmtty: Buyer will indrtlmify and hold,Selier hagn(ess f-mm,alF loss, damage, c(rims. aui Or cads. "which shall Arise out ,a Buyer ;"ld;B4Y r.k agents; and . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . tconttActors relaLng to the Propert "dxcept list aay toss, danntge �hrhn; quit or cost Pre-exisirlis canditior-O; -Of an, hereor acts Or Omissions, n1j, f6demli(v shall survive this Onto lei And any lamination (0) Buyer'-, Right.to Terminate: Buyer shalt have the right. to lerillijull Seller written, notice of it, - (dle. te this Contract for any reason or 110-Mason, by deliverin.,to "Termination Notice") during the Due Dill exte"Si011 Of the Due Diligence Period), . Diligence Period for, riod), TIME IrErVG OF THV VSSE,�,CE wriltan. Contract shall be terminated and the Saral-91 IMOMY Deposit shall be rqfun&aij If Buyer timely delivers the TalininaLion Notice. his w-49NING- If Buyer IN not satisfied with t 0 Buyer; Ile results Otprogress brBuyer's Due Diligence, Bayer should tortinalelilf, Contract P"O" ro "le avPirtld(ut Of the Due DiliVili'd Aviod, unless Buyer can duccul a written extension from Sclle(� in -act. OBtIGATED To GRANT AN-FxrENSION- AlLhought Buyer may, SELLERIS NOT the Due DjliBet6i: Period, Buyers- � Continue (0 illvestigate'the Properly,1611mvic; ilia expiration of Period shn' ,, thilure to, deliver a Termination Notice to Seller prior to the expfr I Ilion fJ constitute a waiver by Buyer of any right to Of the Due Diligence . terminate this Contract based On an)" matter refafing to, -Boyers - Due Diligence. Provided however, following the Due Diligence Period. Bit Buyer' may still exercise a Tight to terminate if seller rafts to materially comply-Mth any of Scllae§ obligations underparagraph6 of this Contract or for AM other reason terms OfthiSCOntract orNortliCarolina. taw. �enytivad under the (11 CLOSING SHALL CONSTITUTE ACCEPl`AjqCE OF T,HE PROPERTY IN ITS THEN 9XJSTfVt, COND IT ION(JNLESSPRGVLSION,ISOTHERWfSt,IADrN*p1TING BUMPM�REPRESENTATIONI REPRESENTATIONS: (a) Loan:Buyer M does C), does. Act have to obtain anew to lo Order to Cj: Conve �1;0 pu;bag,��PffiPeifY. If Buyer -is obtaining a new luall, Buyer intends to Obtain a loan as ficIIGwT an 014S Otional M other luarint it Buyer initials 2� Page 4 of I t 09 b-8 STA,Vb.'kRD FOR- 1,12.T Revised 7/2om 7/2016 POCIA51C OacuSlgn:Envelope ID: 2CEEEIAE.2FA6.4170-817E000E24FS5868 XQ Ffz_ed Rule Q Adjusiabic Rate in the principal amount of $400, 000.00 an initial Interest rate.not to exceed 4.000 r - for it lerinor 36 _ ��'per'Innum (the "Loan"). y'ear(s), (NOTEo s not h obligations under Ibis Coniruct are not conditioned upon obtaining or closing ally ltraa. if Buyer represents Ila Buyer does not from have obtain anew dome in order to purchase the Property, Seller is advised, prior to siting; t»s-offei, to obttii. new loanta[ion,fronl Buyer which demmtstratcs that Buyer wilt be able do close on the Pruperly, lt•ithout the ngcthis Of obtaining tlCw IOaii.} co Older Property: Buyer f does, ©dues. nut'havu: to sell Or lease other real properia in order to qualify for n new loan, or u complete Purchase. (NOTE; if Boyer') mare to sell, Buyer ,slid Seller should consider including a Contingent Sale Addenduu (Standard Pgmh 2A3-T) with this -offer.) (c) Performance of Buyer's Fingnelal Obligations: To the best of Buyer's knowledge, there arc an other conditions exisdog,as of the date or this offer than would prohibit best Of Buy is kit wl with. this Contract, excepins:.may be $peci(ivall _ cireums(mWas oI Y set l'rinh.herein_ p Buyer's fnancialobligauoll in accordmtce 4- BUPER OBLIGATIONS: (a) Responsibility'ft rPioposedSpecial Assessments: Boyer shall take Lille subjectto ail.Proposed Special. assessments. with respect to• Responsibililt' for Certain Cos(S Buyer shall be responsible foi•;lll roses wiih respeel Buyer vlrall he a:sponsible for all costs with (i) any .loan obtained by Buyer, including charges by an owlle'LN association and/or ma owner.' association for provide information required by Buver'eeurencompany As agent of air .y lender, 4 Pilo charges required by dn. oxners' Association declaration to -be paid •by Buyer for Buyer'.. future use and enjoyment of iht Properly, including without limitation', working capital euntribuiions,. membership fees, or charges rorBu}• common elements and/orserpices provided to Buyerut.h , sas "mcive.in;fees' ;. efsuse of the Gil) determining restrictive covenant compliance; (IV) appraisal. (v)-title search, ` (vi) lisle insurance. NO recording the deed; acid (viii) preparation and recordingof all instrumentsrequired to secore:the balance,of the Purchase Price unpa,d at Stteement. attom (i) Authorization to Disclose ]nforuwlion: Buyer authorizes the Buyer's lender(s);'the parties' real estaR agenttst and clotosing ev;.{ 1 }• to provide this Contract to any appraiser employed by Buyer,irhy.Buyers lendegsl; aril (2) to release and disclose sine buys[ t closing disclosure, settlement statemem and/or disbursement sunmhary, or any uforihmion therein, to the Parties too this. transaction. their real egtale:Agem(s) and Buyer's. lender(s). �. SELLER REPRESENTATIONS - (a) Otvnersltip: Seller represents ihatrSelier. xp has owned the Property for at least oilo-year. Q has owned the Property :for less [bar, one year. Q does nod yet own the Property. (b) Assessments* To the best of Sellers knowledge there are no ProposedlSpcc al Assessments except as Inlluie ,dte identification of such assessments• if any r70t P a tInsert "None" or Seller warrants that there are no Confirmed SpecialA.oment¢�eRpESPOoNSu�nsert "None" EXIST idemification ofsuch assessments. ifany); ANtitIAL CANAL DREDGING ASSES..q i.mm c�en as (c 1 Owners' Assoctation(s) and Does. To trest or sener's knowledge ownership of the property Q su4iceo, fi�_dnes not subject Buyer to regulation by one or snore owners' associinion(s). and governing documents, which impgse carious mhM-Ao s not ware. conditions and restrictions upon the Property andBuyer.'s enjoyment theicuf, including,bu not limited to abligitiuns to pay regular assessments (does) and Special Assessments. If there is an Owners usociation, then all Owner Associaliwh Disclosure and Addendum For Properties.Exempt from Residential property Disclosure. Statement (Standard Form 2A 12-T):,halbbe completed by Seller, at Sellers expense, and must he attached as all addendum to [his Contract. td) Sewage System Permit: ( Q Applicable di Not Applicable) Seller warrants that the sewage aysicnr described in tic bnprovergcnl.Perahit attached hereto has been installed, which representatictl survives Closing, but Makes no feffi de cribedntin the 118 it) the, sygient. Buyer initials'' page or I.l c� c� Seller (nilials ProauxtlwS E01c . 5ylo.tWk :eoia FlllOd, Nate Pm0.Ff1,:w tJSL'gtn Lap3& 'iw,v-�..+._r,m: STAMI RD rORM 12-T Revised 712016 (D 712016 t'OCIASK DccuSi n Envelope '.ID. .2CEEE1AE-2FA8-017D-B17ECooE24F85B8B (e) Private Drinking' Witter Well Permit.. f Applicable O Not Applicable) Seller tearrtmts drat a;priolle driok(ng oaterwe: has beef,. Installed. which represemat)on survives Closing, bra makes pti funherrapresentatiuns ;is to the well.'Itf well iatitu(led:dte July i,200S..atEachlmptovementPermitfiereto.) 6. SELLER OBLIGATIONS. aft Evidence tine ate, ctpayofl Statetpent(s): Selleragrees m use bast el7ons to deliver w, BuyeY :u soon as i usenet l}• possible after the Effective Dale copies pf ali tide information in nos ession es or avab"s t de iv Seller. including but g asollated to: title insurance policies. auomey s opiitinns an title, surveys, .covenant., Beads, notes andldead., of (rust, Icasts, andle:riOr limited relating.le the Property. Seller shall provide to the Closing .,it III mtyrnlmion needed:,to obtain u. written lenders) regarding,ait) secunly�interest in the Property as seen as reason IhI 'possible alter the Effecrvu Date. and Shclu front any p tynli ta[tment Iron any the t-paCIO iig auomey ns Sallcrs ages( with ccpress aulhority to regaea and obtain on Seller's behall papa statements and/or short paystatements from any such lender(s), (b) Authorization to Disclose Informtation: Seller audi rites: (1J any attorney presently or release and d�cile i any r or ittsumnct policy'in such attune} s tile It, Bayer and bosh' Bu}•ere mttl Seller c t"cuts ,utd.ntomtys; (31 pros muvlv:represen in gSeller to die Property's dtk insurer or its agent to release and disclose all malerials� i . the Property.'s title. insurers tot tine insure a�enfxt to Buyer and both,Buyers and Sellars agents and attorneys, and (J ) sal& inthe disclosure. settlement ees l eat r(s), disbursement summary, Oran• information therein, to the pane., a, This imn+,acliitn..their real attune} to release and (it -illy seller's closing estate agents) and Buyers IMtJec(sj,. existing Access to Ptthrou /1i'alk-1'tirougin fuspecnon, Seller Shall provide reasonable' access ao the Pmpen)' tincludine working t.xnumg niilities) through the earlier of Closing or possession by Buyer. tnaludiii Opportunity to conduct a final walk-through ins • • yera. g pection Ofthe the extent applicable..rSellershill Iso be responsible for timely suitability hearing that portion of the propenyret(aired by the Countyagperfpmi costs, inspections and/or evaltutions to determine be suitability of tkeProperty For a setvs�ee system hnd/orprivato drinkingivateO al tests, (d) Removal oC Seller's Property: Seller shall remove from the Property; by the date passedsiop is delieemd Ai) all personal property tyhich is rota part of the purchase and (it) unless othenvist agreed. all garbage anitl;rlebris:. (e) Affidavit and Indemnification Agreement: Seller shall furnish at Settlement an: affidavitfs)gnd indtmuilcatimn agneemengs) in form satisfactory to Buyer and,guycestitle insurer, .itany. executed'by Seller and any poison d cndro ific has performed rumished labor, services, materials Or rental equipment to tine pmperi o whin 120 dnys:prior to the date, of Statement and who may be entitled to claim a lien against 16e Property as described in. N CGS.. 4, ' A D verifying that cacti -quell pcnon:or entity has been paid in herefr d agreeing to indemnify Buyer•: Buyers londer(s) and Boyeel title insurer aganist all loss fium;an}• cause or claim arising therefrom. try Designation of Lien Agent, Payment and Satisfaction of Liens It required' by N.QG.S. §4tA-t1.l, Seller she)): have designated a tSen Agent, and Seller deliver to Buyer as- span as rt:twnablypossible a cop}' of the appuinlment of Lien Age»L All fi edby Sherust, deferred Advaloor-at Settle taxes, liens and other Cli g" against the'Properlp, not tusumed by Buys; mastbcpaid and satisfied to Seller prior to or at Settlement such that cancellation may be prolnptly obtained following Closin;, Seller shall remain obligated to obtnin.any such cmtce)lafirms fulluiving-Closing. for Good Tide, Legal Access: Seller stroll execute and deliver a GENERAL 4yARRANTY DEED -ror the pa pe tv in reeotdablo 'form no later 'ban Settlement, which shall com'ey I'ee simple marketable and insurable tide, without exceptionrormechanics' liens• and free of any other liens, encumbrances or defects. including those which would be revealed by a current anj(aecumte survey of the Properly, excepi: ad valorem tales for the ell year (promied thmugh die date of Settlement): unfit}•.ert5enktits and unviolated covenants, conditions or restrictions that do not materially affect the value: of the Property; and such lityer liens, encunnunvioes or defects as may be assumed orspec sally approved" by Buyer in wriling. The:Property, must have legal aecess to a public right of way.. (NOTE: Buyer's failure to terminate this Contract prior to the expiration of the DuoDitigence Period as a recuhbfady encumbrance Se defect that is ig Would have been bpa revealed by a title examinution or tile Property, ora,current al d;uccurale suety, shall not relieve Seller of any obligation under this subparagraph) (.NOTE: it any dale of the Property may be a "short sale," cunt,idemtion should be giver to aunching (.Standard Form 2A 14-T) as an addendum to this Contract.) a Shci t Salt Addendum (h) Deed, Taxes, and. Fees: Seller shall pay for preparation of a.deed and all Either documents nec ssan) to perforal .Sellers obligations tinder this Contract, and for slate and county excise utixes, told anydeferred, discounted or rollback. taxes: and local Page 6 hl' 11 as MSTANDARD,PO%M 12-T Buyer halals :FI _ Seller'initials Revised 7/1-816 =— O 1/2016 WotrxM HAnNe:dm.*i�vaptaa4 t(IOrO Ftlecm>ub awe. Fruq.:,fci" , -DbcuSign Envelope ID;: 2CEEEIAE-2FA8-017D-B17E-Cf10E24F95BB8 conveyance fees requtred.by 1,nv. The deed is to be made to: AS THE H : [77CER, DIRECTS: G) Agreement to Pay BuyerExpenstx; Seller shall pay at Senlenncni S NONE expenses associated w�itit [he purchase or the Property, less any, portion d(s;tpproved by Buyers lender urwanl any gf Buyer' NOTJ : 5x nmples ofBuyais expenses associateU with (fiepurchase'Of the Property include_ bul,are not limited al. discount. points loan Orig nation•fees,.appraisal fees,' ees, Ittnmey'v.fbe � inspection fees, and "pre -pails" (taxes, instannco, otvneii association dues,.eic). (jl Owners' Association Fees/Chargest Seller shall pay, tt)'uov 'fees enquired for confirming, andonualiun nit owners' association does or axsetitments for payment Or ptomtion; Sill am Pets imposed hi tot Oq offs` acsociadntt mtdlora:managementcom Svllprs ners- payment pang as agent of Uie-:Otvocrs' associatiui) in connection with the Uansaction canampLlted by tfiissoci t ion other than those Fees required; to he paid by Buyer under Paragraph 40) above; and tut) tees actincion C hy.SeUer- d y this Cng.. the Ros arty.. l Property antd Ownerc Asagciatiun Disclosure Statement, and rec ile orotherccriificatas related tug pnrpised xale of the Property. (k) Pa there c Con reason. reasonably dell Assessments: Soler shall pay :dt liOttGmned Spzcral Assessntcnu. if any, provided That-lhc arnoum thereof can he.reasonablydetenn}ned Or_stima[ed.. CU late Listing Penalties: All property tad Tate lisiing:penaltie+ itaat ,. shalt t r paid by Seller, tint Owners' Association Diseinsurc and.(Andominiunt Resale Statement Addendum (Standard Form tit?-Tu I}'a Seller shall pet t - the co feted psweimign DiscR)RUM and €nhdominium Resole Statemznt.9ddead)im to 13irrer nose before file €ffecti`ve Date. (ye r on.o r (n) SoIIh 6 Failure to Comply o"r Breach: If Seller fails 10 materially comply with tiny Or Sellers obligations .under this Paraeraph'S or Seller materially blpachex this Contract, and Buyer tict[s to turniiiiate this Contract as a tcsuli. of such failure or breaeh,_ drab the'Eanus[-MOney•Deposit and the Due DiligelcO Fee shall be refunded to Buyer and Sellirshall reimburse to Buyer the reysonable costs actually incurred by.Buyer in connection Nvith Buyers Due Diligence widmm, [dtecning any office remedies: dC legal proceedings are brought by Bttyer against Ihr Seller to'recover the Eantest Money'Depusit: the Due Diligence Fee aritl/ur the reasonable casts covertally tan' thedby Buyer in. connection with Buyer:, Doe Diligence, the prevailing party fit Nc prgcecdintt•sltsll be entitled tO recover from the nab-prcvailiitg party reasonable .attorney tees and coon cvvs inS lam :ifi connection with the Proceeding. 7. PROBATIONS AND ADJUSTMENTS: [!bless otherwise provided, the t-ollow4na items shall be prOnac'Mruttgh the date of Settlement and either adjusted between the parties.or paid at Settlement:60 Taxes on : shall be Prorated on a calendar Ad wllurem lakes and, recbtting gOvemtncrual service fees ieeicd tvrth mdt:tattr on re.,a property P year bays, (b) Rents: year thePropeny; (c) Dues: Owners.' association regular assesstnLnn(dues) and. other like.ehart�es. S- CONDITION OF PROPERTY AT CLOSING: Buyer's .obligation w shall be contingent upon thcomplete :the yansaeiion eonttmp)atetl,by this Contract e Poperty Magill suOstantially the same or better condition at chteing as oft the date oftfiis oefet reasonable wear and tear excepted:.. file9. RiSK OF'GOSS: The risk Of lossor damagc by hire or Other ciuuahy priorto Closing sball he upon BeUer- If thz8mprowentents:On Seller Property are dcsinyed or materially damaged prior to ChIshre, Buver may terminate. this Contractto-;6y written patios delivered to Seller Or Seller's agent and the E`amest Money, Deposit imd any D6e� Diligence f:eeshalf be rgfmtded Buyer, hnhc event Buyer:do to NOT elect to terminate this Contract. Buyer shall be entitled to receive, m addition to the. Property, any Of Seiict's insurance proceeds pa}•abn -o account el the damnge Or destruction applicable to the Property being putciiaszd. Seller }$ advised rN i, it) cancel cocee s insurance -on die Propety until uf[ertunfirming recordation ofthe It). DELAY N SETTLEMENT/CLOSING: Absent agreement to the contrary in this Contract or any subsequent i odifictdion fifre[O, if n party is unable to complete Settlement by. the Settletent Date but intends to complete the transaction and is urine in go(Jd faith and ett}i menton-le diligence to proceed to Settlement (-Delayma P tot-"y, =and if the other party a retidv. n§1liitg and able to complete Settlement on I10 Settlement Date (°Non -Delaying Parry,,) then the D-daying Party shnll eivz.a+ much ae- a as possible able the Nun-Del-tying.Pang' and closing attorney and shall be entitled to adel ivy in S.eulement. [lithe parties fail to cerrydete Settlemenrand. Closing Within fourteen Sett days of the Settlement Date4meluding ally amended Settlement hate agreed to in writing by the parties! or to otherwise extend the Setdettlent Date by written agreement, then tin Delayiiiy... Party shall be: in breach aid the Ira by (haying: Party, nuty (ernunatc this CmiltmCt and:shall be entitled to enforce any rented ca amilatstr to such party under this ;aid the for the breach. Page 7ola l as JL. STANDARD VORjyI 22-T buyer :intu cis a' Seller initials � Revised 7P-0I6 © 7/ZUIb hpa�:RYtW:R 'OForm$pf U(%toxir Jmm�FY,ecn.RfOaaany Rnsp.Rre,upan ag�q min n "ass'='"M hCK'f:15R DocuSign Emetope tD,12Ct5EEtAE-2FA0417D-Bl7E COpE24F9sB68 i 1 POSSESSION: es gat openeive provided herein , poasessiolt. inefudine all. ,eneanc of itecev [o the fMopert}• _(keys [:odes including security codes, gate openers, electronic deveces, elc. J $half be deliver�rl a[ Closing as detintl in Parafaaph I Intl• Na al[et.ttioos, excm ations: free or veoetadon rentoeat orothersuch ncuviGes inay be donebefore possesstoir Is delivered: 12. ADDENDA: CHECK ALL STANDARD ADDENDA THAT MAY BE A PART OF THIS CONTRA(.•T, IF ANY, AND ATTACH' HERETO, ITEMIZE ALL OTHER ADDENDA TO THIS CONTRACT, IF ANY, AND AjtACH!HFIEro, [] AdditionnlProvisions Addendum f Farm 2A(1-T) Additional Signatures Addendum CFbrm 3,Ti 0 Back -Up Contract -Addendum (Fnrm,2AI-TI- Contingent Sale Addendum (Form 2A2=T, d. Loan_ Assumption Addendum iFarrii 2A6-Tt 0 Identify otheraittetncy of parry drafted LAW, 0 Owacn`Association Disclosure AndAddendum Fur'l}roperties Exempt from t esidenita :AI2 I Propeng:Dncltisure5mtnnem IFaria Ti © Seller Financing Addendum (Font 2ety T( 0 Short Sale Addendum (Form 2A 14-TI e ASS([xclt TS: I hiy .Cantina feat not be assigned without the tvriyen consent of art parties kcepi Jn L nncceiutt with at taz defcrredexchpnge, but if -assigned by agrccmeiit. Olen this Contract sh.Ut_trc l indine On tbeaS.iQuee..andu,s1_ner`s lute and ,ucc 4sata. 14, TAX-DEFERRF I XCHANGE:.In the event: Buyer or Seller desfics ur effect nfax-deferreJ exchanee ia:nrnnectluu with die. pan, conveyance 4f'the Prapeny, Buyer and' Seller agree to, cooperate in e0ccdi suelt exchange: provided, hou2ecrahat the eschaug hg. pan} shall be responsible for all addi[ioml c6SN associated with such esch.ngn-anti provided further; shut :t non-achmt�in not assume aq}• additional tiabititp with --.respect to such tax -deferred e;tchan_e;: T;uyer .urd $allershall:eXci:utesuch addnpl documents: e R party shall to this pg assigiiinent of this Contract in conaeaion therewith, at: no cast to Mende-exchangin- piriy, zLs shalFbe atlu re:d to pii�etet7ecr [o Eius prevision. IS PARTIES: This Contract shall be, binding upon and shall inure; to the_ benefit of Buyer and Setter and !heir respective: heir, successors and assigns. As used herehi wards en !lie singular inchrde the` pill and the masculine includes thrfeniinine auto neuter genders, us appropriate. - 16. SURVIVAL: Ifuny provision herein contained the which by its. nature and effect is mgaircd tube ohsenvd, k<pt or pediFtfucd alien the Goring -it sshallsutvisurviveCluti tip and remain binding upon :nd. fur the heneilt of the,patlio, Itz relb until fu8}': observed.. kept or perfonaed. nd ENTIRE AGREE3IE 1`P; T}tis Contract contains the cantle tut_enrent or, the partiu, ;and dents an an rep sensations, indademegts or ether provisions other th n those exp erred herein. All ih urges, additions or delIcs and hereto must hu in ev. m t and signed by all panic•$. reeniait. between it REALTORrg or broker and Nothing contained herein Shad alter :any agreS 11er or Buyer its contained in any _lis[ing agreement, buyer agency agreemeet. omit other agency agecinew-be }veep them, Is, GO,NDUCT OF TRANSACTION:',.-Tbe ponies agree that any actituY between them irlatine to'betrrnsnediiit:contemplattd by [Iris Contract may be conducted by electronic means, including the signhta of this Contraci'by ,one nr more of dteni and any native ar communication given -in connectioa with this Contract. An} written natiee or cammunicatilt)uii inav brmm�s- Or hull and aiy e-mail address orfax number set forth in. the "Notice:Infny uTiae" section r conilt`A'n • unication (A - address,. herein. and tiny fee, deposit No adirr payment to he dctivered ton trt� hetein. may be given fy noticea lie party �ortn tin Itp uty ,agent. Seller „r en eta pony and Buyer agree [bar the "Notice Infairnauon" am1 `'Aclnowiedgroem of Receipt of Monies- soctirnsbettsex, slraR.am cmestitutu a or to material part of this Contract, and that the addition or madi6catinn tn'mie information theivin shall not eonsutur<.er;jtcrii n-of tin otfcr or the creation of acaunterafrer. 19:. EXECUTION: This Contract may, be signed in multip sameins[tvment, le wiginals-cr counterparts, all c,i• which y gethdr eannhute one and the Rngerfmutls("` _.. page a of I I ,Seller initial: Proa.ectl�.iui aPFttrtr+�q Hytuap [9pla l.hxn LiNe WadPrau�.ti .... STANDARD FORivi 12.T Revised 7I=016`. 67f2016 Docusigni EnYOOPP M. 2CEEEME,2FAS-417D-81 7E_006E24FS5868 20, COMPUTATION OF DAYS/TLME OF DAY, Unless oLheraise Provided for purpose{ Mean consecutive calendar days, including Saturda of this Contrict. the. term 'day,-, shal ys. Sundays, and hallid Or calculating days. tile r ay& xvhcllwr federal. state, local Or religious, For the taunt or "days" Contract was required to be per shall begin on the day rlalla�vijj the Stateof`Norj�bcarorma. f6rnied or made. Any referen .0 the day purpose upon which MY wl or notice as Provided in -N: -ce toaldato Or (imebrday-shallraier to,the drileandlortimit or, I , day In THE NORTH CAROLINA ASSOCIATION OF REALTORStr3; INC, AND THE:NORTH NA BAR JASSOCIATIONIWAM NO REPRESENTATION AS TO THE LEGAL YALIDTfy OR ADEQIaACY OF ANy SIOOF THIS FORM IN ANY SPECIFIC TRANSACTION. IF YOU DO NOT UNDBRSTgND THIS FOR\•( OR,FEEL THAT IT DOES NOT PROVIDE FOR r YOUR LEGAL NEEDS. YOU SfiOULD CONSULT A NORTH CAROLINA REAL ESTATE Al fORNEY This affershall become a binding cuntt'nct on the Effective Date. Util�ss speclica(ly provided BEFORF. YOU SIGN IT. ilhy fee, depositor odter paymem provided for herein shalf not grexem tfiis dt7er from becoming st 0. Buye?sluro to tioely deliver IndinUl herein or a u wrvisc law- snch failure shall give Set1Cr cenain rights to.term hate the contract as described gcpovided that any Date; Boyer EntitrAuyer.- Name. Title, Date; Name Of LT.GCorpoiation/P[frhte hi Date: 9/8/2,016 Seller 1. LINIf�: OOD Date; 9/8=6, Seller Erflay selfor By: Narne: Title: Date; [M"5 SPACI3 WTENT104A11Y LEFT BLANKI P.V60 of It STANDARD FGH.M 12tl' Revised 1)2016 @ 7/2016 PCCIASK DocuSign Envelope ID: 2CEEEtAE-2FA6417D•B17E-CooF24F95B68 NOTICE INFORNL4fI()V NOTE: INSERT THEADDRESS gND10R ELECTRONIC DELIVERY ADDRESS EACH PARTY AND AGENT APPROVES FOR THE RECEIPT OF ANY NOTICE CONTEMPLATEp BY THIS CONTRACT. "N/A" APPROVED; FOR ANW WHICH ARE NOI BUYER NOTICE ADDRESS: Mailing Address: Buyer Pax# - Buyer SELLING AGENT NOTICE ADDRESS: Find [Fume:COME -REALTY INC Acting asC] 13uyel s Agent ❑ SeRct"s trub Agent ' FirinLicunae'¥; 1 ,QDuali}genl Miti1W Addtcss:1 CAuszwAy ,DR, r OCEAN :ISLET BEACH, NC 29469 -- Individual Selling.Agent.Eoax aoNeS, ❑ Acting as a..l>esignated Dual Agent�(check Daly if applicable) Selling. Agent License 4f;149331 5elline Agent'.Pfi:ine#:_(910) 443-2113 .Selling Agent =Fax4, (910)579-9353 Selling Agent E-mail: sok0TBaca011x.00M SELLER IOTiOE.(DDR!<SS Mailing Address; StGcrFax ° :Seater E-mail: LISTING AGENT NOT(C[: ADDRM: I'mu Xall%. INTRACOASTAL. REALTY .icbn_ n. Q Seller's Agcm: Q.Dual -Agelu -- Finn License #: _ Mailing Address: - Individual Listing Agent: Boa wusrnMs Q Amin, as a Designated Dual'elgem (clack cittti it applicable) listing Agent License #; lasting?Agent PhonaP.: Usting Agetlt Fax#- - - Listing Agent E-mail: l'f H1S SPACE INTENTIONALLY LEPT BLANK, Page IA of I I Prclyrrtl Vri'AliaF.nul;ry tiptoyi;Be:e Wt¢rn:.3Efloca. Fcuu. ;IgN�yr 48MG amrs:G nMrrvrn STANDARD. FQRNt1.12-T 'Revised, 7/2016 o 7/2o16 'OCIASK ACKNOWLEDGMENT OF RECEIPT OF MONIES _ ("Seller'", - Property Address,1S GOLDSBORO ST. , ocsAtt ISLE BEACH, 28469. ("Buyer") ❑ LISTING AGENT ACKNOWLEDGMENT OF RECEIPgOFDUE DILIGENCE FEE ("Properly") paragraph I(d) of the Offer to Purchase and Contract between Buyer and Seller for the sate of ini Property provides for the payment to Seller of a Due. Diligence Fee4n the amount of $ receipt of which Listin Date:g Agenthereby acknowledges, ._ .. _. Film:-.INTRACOASTAL "iisAiTY - By - - - _ - 808'. WILLIAM,,_. _. __. -------- _ -------- (Mot (Print -name)- 0SELLER ACKNOWLEDGMENT 'OF __-' ---- RECEIPT OF DUE'DILIGENCRFEE LL ` ` "" ` Paragraph 1(it) 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 fnthe amount Of 5 -.. _. receiptnfwhich Seller herebyacknowledges. Date: -- --`. - Seller: (Signature) Date• LINWOOD ,EDWARUS Seller. CAARLES gore) �SO d o - ACKN EARLY GENT AC- ----- ----- AGMENtr OF RECEIPT OF INITIAL EARNESTMONEY DEPOSIT o,ParagraphAgent the Offer to purchase and Contract between Buyer and Seller -fir the sale of the property providrs for the payment to Escrow Agent ofan Initial Earnest Money Deposit ht the amount of$ 0����,O� 1(f) rs the Offer ro purpltase and Contract hereby acknowledges receip of the, Earnest Morey posi annt as d agrfeestm hotel and disburse the same4n accordance with the terms of the Offer to Purchase ll of the, Initial Date: g —/ - /' - l ttrrt= I/NTTRACOASTAL-.PELT' -TRUST BY: ---------- ------ (Pont name) 0 ESCROW-AGEtNT ACKNOWLEDGMENT OFRECEIPT 6R:(ADDITTOIVAL----- IESTMONEY DE------ Paragraph' I(d) of the Offer to Purchase and Contract between Buyer:and Seller for the sate of'the."-provides forThepayment to Escrow Agent ofan (Additional) Eamest Money Deposit in the amount of S Property Paragraph,1(0of the Offer to Purchase and Contract hereby acknowledges receipt of the snow Agent as� identified in Deposit and agrees to hold and disburse the same in:'accordance with thelerms;of the Offer;to Purchase and Contract. (Additional) Earties bate: Firm:. INTRACOASTAL. REALTS'TBtiST . Time: _ Q AM 0 P114 Byt (Signature) - -(Ptihtname) "- --- Page `t 1 of I STANDARD FORM`12.T Revised 712p16 6 7/2016 PiotluceyariW alpFunnIDOyaplaBk 18a]e WtmnkAe.Rua4 F�aw,hlkhigp,�4Ba26 POCIASK