42-05 TX 02/2016 Sunset Beach Holdings II, LLC

Permit Class Pen-nit Number
TRANSFER 42-05
STATE OF NORTH CAROLINA
Department of Environmental Quality
and
Coastal Resources Commission COp�
i3ermit
for
JL Major Development in an Area of Environmental Concern
pursuant to NCGS 113A-118
Excavation and/or filling pursuant to NCGS 113-229
Issued to Sunset Beach Holdings II,LLC,2411 North Oak Street, Suite 403,Myrtle Beach,SC 29577
Authorizing development in Brunswick County at Cape Fear River. off of River Road
as requested in the permittee's application letter dated 01/09/15.
This permit, issued on February 18, 2016 , 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.
1) This transfer must be attached to copies of the following attached permit documents,which includes all
application forms and workplan drawings:
RECEIVED
a. Transfer of Permit No.42-05 issued on 11/20/14;
b. The Minor Modification/Renewal issued on 1/21/14; MAR 1 1 2016
c. The Minor Modification issued on 12/16/14;
` d. The Major Modification issued on 6/27/07. DC M- M H D CITY
2) Copies of all referenced documents shall be readily available on site when a Division representative inspects the
project for compliance. In accepting this transfer, the new permittee agrees that all conditions and stipulations of
the active permit remain in force.
NOTE: A transfer application processing fee of$100 was received by DCM for this project.
This permit action may be appealed by the permittee or Signed by the authority of the Secretary of DEQ and the
other qualified persons within twenty(20) days of the issuing Chairman of the Coastal Resources Commission.
date.
This permit must be accessible on-site to Department v
personnel when the project is inspected for compliance.
Any maintenance work or project modification not covered ACAV Braxton C. Davis, Director
hereunder requires further Division approval. bivision of Coastal Management
All work must cease when the permit expires on This permit and its conditions are hereby accepted.
December 31, 2016
In issuing this permit, the State of North Carolina agrees
that your project is consistent with the North Carolina Coastal
Management Program. Signature of Permittee

PAT MCCRORY
F
Governor
DONALD R. VAN DER VAART
K.,.. a
Secretary
Coastal Management
ENVIRONMENTAL QUALITY BRAXTON DAVIS
Director
February 22, 2016
Sunset Beach Holdings II, LLC
2411 North Oak Street, Suite 403
Myrtle Beach, SC 29577
Dear Sir or Madam:
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.The
original(buff-colored form)is retained by you and it 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 in
the enclosed envelope. Signing the permit and proceeding means you have waived your right of appeal
described below.
If you object to the permit or any of the conditions,you may request a hearing pursuant to NCGS
113A-121.1 or 113-229. Your petition for a hearing must be filed in accordance with NCGS 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.You should also be aware that
another qualified party may submit an objection to the issuance of this permit within twenty(20)days.
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 he fully understands all permit requirements.
From time to time,Department personnel will visit the project site. To facilitate this review,we
request that you complete and mail the enclosed Notice Card just prior to work initiation.However,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,
v
Douglas V. Huggett
Major Permits Manager
N.C. Division of Coastal Management
Enclosure
Nothing Compares::-�
State of North Carolina I Environmental Quality I Coastal Management
400 Commerce Avenue I Morehead City,NC 28557
252-808-2808 T

m mL %-ooramaror: gg, ,- hermit <
MAILING DISTRIBUTION SKEET s�
' 1
S .
Permitee:
Agents:
DCM Field Offices -
Elizabeth City (with revised work plan drawings)
Morehead City
Washington _
Wilmington.- 5tilAA0 sImPSIM
US ACOE Offices:
Washington: Raleigh Bland
William Westcott(NC DOT)
Bill Biddlecome(NC DOT)
Wilmington: Tyler Crumbley =
Liz Hare
Cultural Resources: Renee Gledhill-Early
Public Water Supply: Diane Williams (WIRO)
Joey White(WARO)
DCM/ Shane Staples
Fisheries Specialist Gregg Bodnar
NC DOT: Ken Pace
DMF/ Patti Fowler
Shellfish Sanitation: Shannon Jenkins -
State Property: Tim Walton
Water Resources: Karen Higgins (Raleigh)
John Hennessy(NC DOT)
Washingtoi n: Anthony Searbraugh-401
Wilmington: Joanne Steenhuis —401
Chad Coburn-401
DENMR
Washington: Scott Vinson-Stormwater
Wilmington: Georgette Scott- Stormwater
Wildlife Resources: Maria Dunn
LPO:
Fax Distribution: Permitee#:
Agent#:

NCDENR
North Carolina Department of Environment and Natural Resources
Division of Coastal Management
Pat McCrory Donald R. van der Vaart
Governor Secretary
MEMORANDUM
TO: Doug Huggett
Permits Section]
FROM: Holley Snider d
DCM, Field Representative
THRU: Debra Wilson
DCM, District Mtaer
DATE: January 21, 2015
SUBJECT: Request for Transfer of State Permit#42-05
Sunset Beach Holdings, LLC
Riverside Drive Subdivision
Sunset Beach, Brunswick County
Francisco Zarate, on behalf of Sunset Beach Holdings II, LLC, is requesting the transfer of State Permit #42-05 issued
to Sunset Beach Holdings, LLC authorizing the development of the Riverside Drive Subdivision, to include the construction of
an access road, associated grading, utilities and storm water system installation, boardwalk and kayak access pier located on
the peninsula located off North Shore Drive West, adjacent to the feeder canal in the Town of Sunset Beach, Brunswick
County. The permit was transferred from Tidal Ventures to Sunset Beach Holdings, LLC on November 20, 2014 and the permit
is due to expire on December 31, 2016.
Mr. Zarate states that the transferred permit will be used for the same purposes for which it was issued; that there
will be no substantial change in the conditions, circumstances, or facts affecting the project; and the transferred permit will
not result in substantial change or modification of the project as proposed in the original application.
The applicant has submitted a check(ck.#5006872655) in the amount of$100.00 for the transfer request, as well as a
copy of the deed to the property and a copy of the permit.
This Office has no objection to the permit transfer request.
cc: WIRO-CAMA
Jonathan Howell, DCM, Morehead City
Kyle Dahl,ACOE
RECEIVED
JAN 2 9 1015
127 Cardinal Drive Ext.,Wilmington,NC 28405 DCM-MHO CITY
Phone:[phone]\FAX:[phone] Internet:www.nccoastalmanagement.net
An Equal Opportunity\Affirmative Action Employer

Sunset Beach Holdings II LLC was
2411 North Oak Street,Suite 403
Myrtle Beach,SC 29577
Date:January 9,2015
Holley Snider
NCDENR
127 Cardinal Drive Extension
Wilmington,NC 28405
Dear Mrs. Snider:
I am requesting that permit 42-05 be transferred to the new owner Sunset Beach Holdings-II LLC.Attached are copies of
the Warranty Deed and the Assumption Agreement recorded in Brunswick County,NC on 12/17/2014 by Mr.Mack
Hewitt.
The transferred permit will be used for the same purposes for which it was issued;there will be no change in the conditions,
circumstances,or facts.
Sincerely,
F cisc
Manager Sunset Beach Holdings II LLC
By:Zailant LLC- Manager
By:Jane Dean LLC- Its Manager
RECEIVED
JAN 2 9 2015
DGM-MH9 CITY
RECEIVED
DCM WILMINGTON, NC
JAN 15 2015

Permit Class Permit Number
TRANSFER 42-05
STATE OF NORTH CAROLINA
Department of Environment and Natural Resources
and
Coastal Resources Commission
ikrmit
for
_2L Major Development in an Area of Environmental Concern
pursuant to NCGS I I3A-118
Excavation and/or filling pursuant to NCGS 113-229
Issued to Sunset Beach Holdings,LLC,2120 Sea Mountain Hwy.Suite 1200,North Myrtle Beach,SC 29582
Authorizing development in New Hanover County at Cane Fear River, off of River Road
, as requested in the permittee's letter dated 8/19/14
This permit issued on_ November 20.2014 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.
1) This transfer shall be attached to copies of the following attached permit documents, which includes
all application forms and workplan drawings:
a. Permit 42-05,which was issued on 3/23/05, and
b. the minor modification of 1/21/14.
2) Copies of all referenced documents shall be readily available on site when a Division representative
inspects the project for compliance. In accepting this transfer, the new permittee agrees that all
conditions and stipulations of the active permit remain in force.
4
This permit action may be appealed by the permittee or Signed by the authority of the Secretary of DENR and the
other qualified persons within twenty (20)days of the issuing Chairman of the Coastal Resources Commission.
date.
This permit must be accessible on-site to Department
personnel when the project is inspected for compliance. b�
Braxton C. Davis, Director
Any maintenance work or project modification not covered Division of Coastal Management
..
hereunder requires further Division approval. g
is
All work must cease when the permit expires on This permit and its conditions are hereby accepted.
f
December 31,2016 RECEIVED RECEIVE
In issuing this permit, the State of North Carolina agrees JAN 2 9 2015 7CM WILMING N,NC
that your project is consistent with the North Carolina Coastal i"1'. 15 90 g
Management Program. ©Cl�7I'R�!!�' Signature of Permittee [{
4:a4h'4i-::K'�::9:K'iirYW.4XK^in�t•Sti?44LPh':a-0K4ti-:�?K}h'r.!KK•U{`7?}M-0+.M71w:tikb04PP4PCk}+i-Y}C<{_ipti'.d{4bY}t4''i-0�D+;h6P-07a4'-hb:-S-�Hd-#r?-7i:-}i?-0+a{?-0{4Jt-0-0'+a+'++:`o-Gt-C-c-}yq{_:gi:-ti4Tc6

i his cenities inat mere are no aeunquent as
valorem taxes, fees,assessments or other
liens which the Brunswick County Tax
Collector is charged with collecting,that are a
lien on:Parcel Number 26& dbaa IZ-OD lns 63596 P0419 13-17-58,000
as notated by the Brunswick County 111111111111111111111111111111 Jill
III
of Deeds page m1 not 6 PROP
Assessors Office. This is not a certification g
that the parcel number matches the deed
description.
Date (A i) ax ol./Del.Tax Spec.
Presenter �� �1Gc/ Rnt: 10`�
Total Rev hAt.
Ck$- ?'O/k. Ck# Cash$
Refund: Cash$ Finance
(!I ❑Portions of document are illegible due to wnditiotl
of original.
❑Docu.,lo nt contains seals verified by original
insi;ataent Mat cannot to reproduced or copied,
WARRANTY DEED
Prepared by: Robert S.Guyton,Esq.
4605 B Oleander Drive,Suite 202
Myrtle Beach,SC 29577
STATE OF NORTH CAROLINA
COUNTY OF BRUNSWICK
TAX PARCEL:
THIS DEED, made this il�day of December, 2014 by and between, SUNSET BEACH
HOLDINGS, LLC, a South Carolina limited liability company, called GRANTOR, and
SUNSET BEACH HOLDINGS II, LLC, a South Carolina limited liability company, whose
mailing address is Jy r t !la, (k Y< /2' r t 1f Kep<-eti Sc� , called
GRANTEE. 1`1S' 2 7
WITNESSETH THAT:
THE GRANTOR, for and in consideration of the sum of Ten Dollars ($10.00) and other
valuable considerations to them in hand paid by the GRANTEE, the receipt whereof is hereby
acknowledged, have bargained and sold, and by these presents do hereby bargain, sell and convey
unto GRANTEE, its successors and assigns forever, that certain real property located (L:r-EKED
Brunswick County,North Carolina, described as follows:
JAN 29 701S
SEE EXHIBIT "A"ATTACHED HERETO
TO HAVE AND TO HOLD the property described above, together with all and singular,
the rights, privileges, easements, tenements and appurtenances thereunto belonging, or in anywise
appertaining unto the said GRANTEE, its successors and assigns, in fee simple, forever.
AND THE GRANTOR, for itself, its successors and assigns, do covenant to and with the
said GRANTEE, its successors and assigns, that they are seized in fee of the above granted and
described property; that they have good right to sell and convey the same in fee simple; that the
same is free and clear from any and all restrictions, easements or encumbrances, except thoW::CEIVED
mentioned above; and it will and its successors and assigns shall warrant and defend the titja(WtjWLMINGTON,NC'
same against the lawful claims and demands of any and all persons whomsoever.
JAN 16 2015,

illlll II III II it it illl II I I II II IIIII III ��%
12 17-2014a
rendmm�sPR P
Brunswick County, NC Register o Deeds page 2 of 6
IN TESTIMONY WHEREOF, the said GRANTOR has hereunto set its hand as of the
day and year first above written.
SUNSET BEACH HOLDINGS, LLC, a North Carolina
limited liability company
By: �f mac - (SEAL)
Name: Richard Mace Watts,Jr.
Title: Manager
STATE OF
COUNTY OF
I, cocLS , a Notary Public in and for the State and County aforesaid,
do certify that Richard Mace Watts,Jr. as Manager of SUNSET BEACH HOLDINGS,
LLC, a South Carolina limited liability company, personally appeared before me this day and
acknowledged the due execution of the foregoing instrument, by authority duly given, as the act
and deed of the limited liability company.
WITNESS my hand and official seal this. day of December,2014.
otary Public
My Commission Expires:
t rj
f�
RECEIVED
JAN 2 9 Y"
DCM-MHO CITY
RECEIVED
DCM WILMINGTON, NC
JAN 15 2015

13.48.58'.000
II Brunswick III i I I!I I I County,I II I II I 1111
Reg
ister 11111
Brenda M. Clemmons
B3596 F0421
of Deeds page 3 of 6 PROP
EXHIBIT "A"
Legal Description of Property
Being all of Lots 34 through Lot 95, Block 40E, inclusive, as shown on a survey map entitled Map
of Sunset Beach, Eastern End, Blocks 40E, 40F, 13, 14R & 1 SR, Part I and 2, by Gerrit C. Greer,
R.L.S., dated September 8, 1975, and recorded in the Office of the Register of Deeds for
Brunswick County, North Carolina in Map Cabinet H at Page 358; said survey map incorporated
herein by reference for greater certainty of description (hereinafter referred to as"Property").
The Property is further described as:
Being all that certain tract or parcel of land lying and being within the Town Limits of Sunset
Beach, and situated in Shallotte Township, Brunswick County, North Carolina and being more
particularly described as follows:
Beginning at an existing rebar found, said rebar being the northeast corner of Lot 26, Block 40E as
shown on a map entitled "Survey for Lot 26 & additional lands, Block 40E, Sunset Beach, Dave
Nelson" as recorded in Deed Book 1088, Page 126 of the Brunswick County Registry; said rebar
also being located S82°57'59"W, 1303.22 feet from a concrete nail found in the top of a bulkhead
near the end of Cobia Street; said concrete nail having NC Grid Coordinates of N=45,324.27 feet,
E=2,151,982.91 feet (NAD 83-2011). Thence from the beginning point and with the easterly lot
line of Lot 26, Block 40E extended N15135'10"E, 90.82 feet to a point in the marsh west of Jinks
Creek and landward of the mean high water line as defined by N.O.A.A. tidal benchmark as
elevation 2.01' (N.A.V.D. 88);thence running within a marshy area west of Jinks Creek and being
landward of said mean high water line the following bearings and distances: N70°04'23"E, 315.43
feet to a point; thence S88°35'08"E, 264.16 feet to a point; thence N60°12'26"E, 367.08 feet to a
point; thence N85°19'14E, 110.45 feet to a point; thence S88°30'42"E, 120.99 feet to a point;
thence N71°11'55"E, 617.49 feet to a point; thence N80°36'19E, 363.15 feet to a point; thence
N71047'00"E, 229.09 feet to a point; thence N78°45'36"E. 66.72 feet to a point; thence
N83036'43"E, 60.97 feet to a point; thence N69°54'23"E, 243.32 feet to a point; thence
N72033'40"E, 127.73 feet to a point in said mean high water line; thence with the mean high water
line as described the following bearings and distances: N60014'07"E, 22.06 feet to a point; thence
N360 15'30"E, 36.43 feet to a point; thence N56°12'24"E, 43.38 feet to a point; thence
N65017'52"E, 24.42 feet to a point; thence N44°42'09"E, 38.43 feet to a point; thence
N31°17'15"E, 45.28 feet to a point; thence N40°40'11"E, 44.39 feet to a point; thence
N75049'34"E, 40.11 feet to a point; thence S62°33'45"E, 30.24 feet to a point; thence
N53032'40"E, 35.37 feet to a point; thence N75°58'35"E, 47.18 feet to a point; thence
N80036'32"E, 38.07 feet to a point; thenceN650 10'02"E, 10.18 feet to a point; thence
N58030'03"E, 44.83 feet to a point; thence N65°57'42"E, 19.58 feet to a point; thence
N61051'20"E, 27.39 feet to a point; thence N65°04'41"E, 12.43 feet to a point; thence
N05014'32"E, 5.08 feet to a point; thence N10°03'27"W, 11.89 feet to a point; thence
N37048'08"W, 25.16 feet to a point; thence N20034'52"W, 25.26 feet to a point; thence
N38004'54"W, 34.28 feet to a point; thence N67°43'40"W, 5.30 feet to a point; thence
N 17°36'05"W, 6.37 feet to a point; thence N 18°06'18"E, 7.12 feet to a point; thence
N81°50'53"E, 7.81 feet to a point; thence running in a southerly direction with the mean high
water line of Jinks Creek and then in a southwesterly direction with the mean high water line of
Jinks Creek Feeder Canal as shown on a survey entitled "Re-Plat of Subdivision of Sunset Beach"
as recorded in Map Cabinet 77, Pages 75 and 76, Brunswick County Registry, the following
bearings and distances: S70°31'04"E, 12.50 feet to a point; thence S375610211E, 54.06 feet t `ECEIVED
point; thence S35°35'37"E,45.92 feet to a point; RECEIVED LMINGTON,NC
JAN 2 9 2015 JAN 15 2015,
DCM1-m"D Guy

IIIII III III III I II IIII II i I II III II I I III Brend PO4 l m ons-58,PROP
Brunswick County, NC Register of Deeds page 4 of 6
thence S28042'43"E, 45.97 feet to a point; thence S16°45'05"E, 16.47 feet to a point; thence
S09047'43"W, 8.91 feet to a point; thence S]3°47'47"E, 7.48 feet to a point; thence
S04034'11"W, 34.32 feet to a point; thence S08°57'55"W, 27.19 feet to a point; thence
N250 15'41"W, 12.81 feet to a point; thence N01°21'08"W, 17.12 feet to a point; thence
S38°16'26"W, 11.29 feet to a point; thence N62°04'10"W, 5.33 feet to a point; thence
S10018'35"W, 13.38 feet to a point; thence S50048'59"W, 38.85 feet to a point; thence
S42042'53"W, 25.32 feet to a point; thence S47039'17"W, 26.22 feet to a point; thence
S32025'48"W, 3.48 feet to a point; thence S22°50'1 TV, 6.84 feet to a point; thence
S29000'33"W, 12.10 feet to a point; thence S33°46'35"W, 8.51 feet to a point; thence
S88038'13"W, 6.12 feet to a point; thence S70°53'14"W, 2.75 feet to a point; thence
S34004'41"W, 29.12 feet to a point; thence S46°40'21"W, 10.94 feet to a point; thence
S57033'25"W, 9.69 feet to a point; thence S67°51'11"W, 8.20 feet to a point; thence
S72047'53"W, 28.42 feet to a point; thence S70°32'07"W, 20.76 feet to a point; thence
S64030'52"W, 23.64 feet to an existing MAG Nail found in top of an existing bulkhead ; thence
S66042'51"W, 5.67 feet to a point; thence S55°22'47"W, 11.49 feet to a point; thence
S69015'40"W, 12.01 feet to a point; thence S85°18'56"W, 15.93 feet to a point; thence
S28053'57"W, 32.64 feet to a point; thence S4003P21"W, 24.85 feet to a point; thence
S09004'26"W, 4.66 feet to a point; thence S34°05'56"W, 7.31 feet to a point; thence
S 19025'48"W, 9.23 feet to a point; thence S66°12'24"W, 6.70 feet to a point; thence
N65031'l6"W, 7.93 feet to a point; thence S49°08'51"W, 43.84 feet to a point; thence
S63022'08"W, 10.87 feet to a point; thence S88°50'43"W, 42.14 feet to a point;
thenceS78°00'48"W, 96.71 feet to a point; thence S73°20'52"W, 73.04 feet to a point; thence
S30011'22"W, 2.23 feet to a point; thence S55030'32"W, 10.52 feet to a point; thence
S76022'50"W, 13.72 feet to a point; thence N670 15'I 1"W, 1.91 feet to a point; thence
S67039'00"W, 43.21 feet to a point; thence S73°23'27"W, 56.04 feet to a point; thence
S770 16'55"W, 42.58 feet to a point; thence S27°25'06"W, 1.74 feet to a point; thence
S430 12'11"W, 3.33 feet to a point; thence S71°52'44"W, 18.45 feet to a point; thence
S76047'04"W, 33.09 feet to a point; thence N84°32'28"W, 13.51 feet to a point; thence
N47041'48"W, 1.84 feet to a point; thence S77029'30"W, 35.46 feet to a point; thence
S69051'52"W, 66.25 feet to a point; thence S72°35'15"W, 67.74 feet to a point; thence
S78029'37"W, 59.13 feet to a point; thence S76°06'06"W, 104.25 feet to a point; thence
S73026'48"W, 111.62 feet to a point; thence S80006'02"W, 52.42 feet to a point; thence
S79006'10"W, 19.22 feet to a point; thence S71°24'27"W, 58.81 feet to a point; thence
S79006'46"W, 102.46 feet to a point; thence S86°51'31"W, 17.00 feet to a MAG Nail found in
top of an existing bulkhead;thence S77°41'29"W,42.93 feet to a point;thence S81°36'42"W,
57.42 feet to a point; thence S74°42'50"W, 100.01 feet to a point; thence S74°32'17"W, 100.02
feet to a MAG Nail found in top of an existing bulkhead; thence S67014'54"W, 72.03 feet to a
point; thence S59°26'31"W, 36.16 feet to a point; thence S51049'10"W, 35.73 feet to a point;
thence S71°18'10"W, 59.43 feet to a MAG Nail found in top of an existing bulkhead; thence
S71011'27"W, 100.00 feet to an existing MAG Nail found in top of an existing bulkhead; thence
S71°25'06"W, 46.33 feet to a point; thence S73°36'00"W, 40.61 feet to a point; thence
S68028'30"W, 113.20 feet to an existing MAG Nail found in top of an existing bulkhead; thence
S75026'12W, 23.96 feet to a point; thence S69°05'11"W, 60.42 feet to a point; thence
S74021'58"W, 19.61 feet to an existing MAG nail found in top of an existing bulkhead; thence
S77018'55"W, 27.70 feet to a point; thence S72051'25"W, 23.23 feet to a point; thence
S70050'37"W, 35.88 feet to a point;thence S74055'19"W,46.25 feet to a point;thence
RECEIVED RECEIVED
JAN 2 81015 JCM WILMINGTON, NC
JAN 15 2015.

II I I II I I III II II i l i l li II I I II I I I IIII III 835% P0423 11217-2014
3-48:58.000
BrendBrunswick County, NC Register of Deeds paa emmons PROP
ge 5 of 6
S73°49'04"W, 67.14 feet to an existing MAG nail found in top of an existing bulkhead; thence
S67°38'15"W, 17.23 feet to a point; thence S72120'24"W, 36.38 feet to a point; thence
S68058'09"W, 25.92 feet to a point; thence S70°57'41"W, 67.62 feet to a point; thence
S71°35'13W, 35.79 feet to a point; thence S76042'00"W, 44.61 feet to a point; thence
S77°24'50"W, 27.09 feet to a point; thence S73°54'05"W, 45.75 feet to an existing MAG Nail
found in top of an existing bulkhead; thence S72°49'09"W, 157.89 feet to a point; thence
S74008'17W, 22.44 feet to a point; thence S68042'26"W, 19.72 feet to an existing MAG Nail
found in top of an existing bulkhead; thence S66°38'02"W, 31.04 feet to a point; thence
S65009'43"W, 31.47 feet to a point; thence S68029'54"W, 24.24 feet to a point; thence
S500 17'11"W, 9.55 feet to a point; thence S41°10'34"W, 21.09 feet to a point; thence
S54014'38"W, 16.58 feet to a point; thence S63°30'56"W, 6.88 feet to a point; thence
S31°41'31"W, 2.03 feet to a point; thence S57°57'00"W, 13.96 feet to a point; thence
S66043'06"W, 18.48 feet to a point; thence S51026'45"W, 15.75 feet to a point; thence
S38048'38"W, 19.65 feet to a point; thence S14°54'04"W, 14.92 feet to a point in said mean high
water line; thence leaving said mean high water line N74°12'30"W, 11.46 feet to an existing iron
pipe found; said iron pipe being the northeasterly corner of Lot 34, Canal A as shown on a survey
entitled " Survey for Al Morrison Construction Co, Inc." as shown on a map recorded in Map
Cabinet V, Page 350 Brunswick County Registry; thence with the northerly lot line of Lot 34,
Canal A as referenced above, N74°12'30"W, 108.65 feet to a new 5/8" rebar set in the southern
line of an undeveloped access easement known as "Riverside Drive"; thence crossing said access
easement N74112'30"W, 30.18 feet a point in the northern access easement line; said point also
being in the easterly lot line of Lot 26, Block 40E aforesaid mentioned; thence with the easterly lot
line of Lot 26, Block 40E, N15°41'45"E, 72.06 feet to an existing iron rod found; thence
N 15035'10"E, 54.30 feet to the Place and Point of Beginning.
LESS AND EXCEPT THE FOLLOWING PROPERTY:
Being all that certain tract or parcel of land lying and being within the Town Limits of Sunset
Beach, and situated in Shallotte Township, Brunswick County, North Carolina and being more
particularly described as follows:
Beginning at an existing rebar found, said rebar being the northeast corner of Lot 26, Block 40E as
shown on a map entitled "Survey for Lot 26 & additional lands, Block 40E, Sunset Beach, Dave
Nelson" as recorded in Deed Book 1088, Page 126 of the Brunswick County Registry; said rebar
also being located S82°57'59"W, 1303.22 feet from a concrete nail found in the top of a bulkhead
near the end of Cobia Street; said concrete nail having NC Grid Coordinates of N=45,324.27 feet,
E=2,151,982.91 feet (NAD 83-2011). Thence from the beginning point and with the easterly lot
line of Lot 26, Block 40E extended N15°35'10"E, 90.82 feet to a point in the marsh west of Jinks
Creek and landward of the mean high water line as defined by N.O.A.A. tidal benchmark as
elevation 2.01' (N.A.V.D. 88); thence running within a marshy area west of Jinks Creek and being
landward of said mean high water line the following bearings and distances: N70104'23"E, 314.32
feet to a point; thence leaving said mean high water line, S17°47'19"E, 211.78 feet to a point in
the mean high water line on the north side of Jinks Creek Feeder Canal as shown on a survey
entitled"Re-Plat of Subdivision of Sunset Beach"as recorded in Map Cabinet 77, Pages 75 and 76,
Brunswick County Registry, thence with the mean high water line in a southwesterly direction the
following bearings and distances: S72149'09"W,
RECEIVED RECEIVED
DCM WILMINGTON, NC
JAN 29 2015 JAN 15 2015
DCM-RMD CITY

1#�� !�42413-48-58.000
gIIIIIIIIIIIIIIII'IIIII Clemmons PROP
County, NC Register of Deeds page 6 of 6
57.89 feet to a point; thence S74°08'17"W, 22.44 feet to a point; thence S68042'26"W,
19.72 feet to an existing MAG Nail found in top of an existing bulkhead; thence
S66038'02"W, 31.04 feet to a point; thence S65°09'43"W, 31.47 feet to a point; thence
S68029'54"W, 24.24 feet to a point; thence S50°17'11"W, 9.55 feet to a point; thence
S41°10'34"W, 21.09 feet to a point; thence S540 14'38"W, 16.58 feet to a point; thence
S63030'56"W, 6.88 feet to a point; thence S31041'31"W, 2.03 feet to a point; thence
S57057'00"W, 13.96 feet to a point; thence S66°43'06"W, 18.48 feet to a point; thence
S51°26'45"W, 15.75 feet to a point; thence S38148'38"W, 19.65 feet to a point; thence
S 14054'04"W, 14.92 feet to a point in said mean high water line; thence leaving said
mean high water line N74°12'30"W, 11.46 feet to an existing iron pipe found; said iron
pipe being the northeasterly corner of Lot 34, Canal A as shown on a survey entitled "
Survey for Al Morrison Construction Co, Inc." as shown on a map recorded in Map
Cabinet V, Page 350 Brunswick County Registry; thence with the northerly lot line of
Lot 34, Canal A as referenced above, N74012'30"W, 108.65 feet to a new 5/8" rebar set
in the southern line of an undeveloped access easement known as "Riverside Drive";
thence crossing said access easement N74°12'30"W, 30.18 feet a point in the northern
access easement line; said point also being in the easterly lot line of Lot 26, Block 40E
aforesaid mentioned; thence with the easterly lot line of Lot 26, Block 40E,
N15041'45"E, 72.06 feet to an existing iron rod found; thence N15°35'10"E, 54.30 feet
to the Place and Point of Beginning.
SUBJECT TO that certain Purchase Money North Carolina Deed of Trust from Sunset
Beach Holdings, LLC to Mack L. Hewitt, Jr. as Trustee, for the benefit of Big Pine
Holdings, LLC, recorded July 9, 2014 in Book 3544, Page 359, Brunswick County
Registry, specifically assumed by Grantee by that certain Assignment and Assumption
Agreement dated of even date herewith and recorded in the Brunswick County Registry
simultaneously with this Deed.
RECEIVED 'RECEIVED
DCM WILMINGTON, NC
JAN 2 9 2015 JAN 15 2015
DCM-MHD CITY

. r
IIIIIIII IIIIIIIIIIIII IIIIIIIIIIIIIIII B35ss P0425 1 48 13:48:5014
8.001
ClemBrunswick County, NC Register of Deeds . age 10 o PROP
page 1 of 6
Presenter_ � �4,� pet: /
Total _ x —
F'ev
Ck$ Ck 4/3a Cash$—
Refund; Cash$ Finance.
❑Polttons of docunrera acc i1141ble due to Corrdition
ofotN�inal.
❑Ikv:�!';1e3-it contains serfs Ve^fed boriginalr
Y
Irsad;%feB[that cannot bn reproduced 0,GOpied.
Prepared by Robert S.Guyton,Esq.
4605 B Oleander Drive,Suite 202
Myrtle Beach,SC 29577
ASSIGNMENT AND ASSUMPTION AGREEMENT
STATE OF NORTH CAROLINA )
COUNTY OF BRUNSWICK )
�r
THIS AGREEMENT, made as of the /)/ day of December, 2014 by and among BIG PINE HOLDINGS,
LLC, a North Carolina limited liability company (the "Lender"), SUNSET BEACH HOLDINGS, LLC, a South Carolina limited
liability company (the "Assignor"), SUNSET BEACH HOLDINGS II, LLC, a South Carolina limited liability company (the
"Assignee"), and MACK L.HEWITT,JR.,a resident of the State of North Carolina(the"Trustee").
WITNESSETH:
WHEREAS, the Assignor has made and issued a Promissory Note, dated the 91h day of July, 2014, made a part
hereof by this reference as fully as if set out herein verbatim as same may have been amended from time to time (the "Note"),
evidencing an original indebtedness of NINE MILLION ONE HUNDRED FIFTY THOUSAND AND NO/100 DOLLARS
($9,150,000.00)and to secure the Note,the Assignor executed and delivered a Purchase Money North Carolina Deed of Trust,dated
of even date with the Note and recorded in Book 3544, Page 359,Brunswick County Registry made a part hereof by this reference as
fully as if set out herein verbatim as same may have been amended from time to time(the "Deed of Trust"); (the Note,the Deed of
Trust,and all other documents evidencing or securing the Note are hereinafter collectively referred to as the"Loan Documents");and
WHEREAS, the Assignor has requested the Lender's consent to the Assignor's transfer and conveyance to the
Assignee of the Premises(as defined in the Deed of Trust);and
WHEREAS,the Lender is willing to consent to the aforesaid conveyance by the Assignor to the Assignee provided,
among other things,that Assignee assumes and agrees to perform all obligations of the Assignor under the Loan Documents.
NOW, THEREFORE,the Lender,the Trustee,the Assignor and the Assignee in consideration of the premises and
the sum of One Dollar ($1.00) and other good and valuable consideration the receipt and sufficiency of which are hereby
acknowledged by each,do hereby agree and acknowledge that the Assignee has given,granted,bargained,sold and conveyed,and by
these presents does hereby give, grant, bargain, sell and convey unto Trustee, and the Trustee's heirs, successors and assigns, the
property secured by the Deed of Trust(the"Premises")and any additional property added thereto pursuant to the provisions hereof:
I. Assignment and Release: The Assignor hereby transfers, assigns and conveys to the Assignee all of its
right, title and interest in, and to all contracts, agreements, licenses and permits relating to the Premises. The Assignor is hereby
released and discharged of all its obligations under the Loan Documents, except the provisions of the Loan Documents relating to
environmental matters.
2. Assumption: Effective as of the date hereof,the Assignee hereby assumes and agrees to perform all duties,
responsibilities, agreements, covenants and obligations of the Assignor under the Loan Documents, said Loan Documents being
hereby ratified and affirmed, including the obligations to pay all sums due under the Note and the obligations imposed on the grantor
under the Deed of Trust. The execution and delivery hereof shall not constitute a novation or modification of the lien,encumbrance
or security title of the Deed of Trust,which Deed of Trust shall retain its priority as originally filed for record. RECEIVED
RECEIVED DCM WILMINGTON, NO
JAN 2 9 2015 JAN 15 2015
DCM-MHO CITY

IIIIIIII IIIIIIIIIIIII IIIIIIIIIIIIIIII B35�6 F0426 112172014
3-48-58.001
Clemmons
Brunswick County, NC Register of Deeds page 2 of 6PROP
3. Representations and Warranties: The Assignor hereby represents and warrants to the Assignee and the
Lender that it has the unrestricted right to assign the rights and interests herein described and that it has the capacity to execute and
deliver this Agreement,and that the Note is in full force and effect and that Assignor has no right to setoff,counterclaim or defense to
the payment thereof.
The Assignee hereby represents and warrants to the Lender that it has the unrestricted right to assume the
obligations of the Loan Documents and that it has the capacity to execute and deliver this Agreement.
4. Consent of Lender: The Lender hereby consents to the aforesaid assignment by the Assignor to the
Assignee and the assumption by the Assignee of the duties,responsibilities,covenants,obligations and agreements herein described.
5. Additional Documents: From and after the date hereof, each party agrees that it shall execute and deliver
such additional documents and instruments as may be reasonably requested by either of the other to confirm further the purposes of
this Agreement and more fully carry out the assignment and assumption contemplated hereby.
TO HAVE AND TO HOLD the Premises and any additional property added thereto pursuant to the provisions
hereof unto the Trustee and the Trustee's heirs, successors and assigns, in fee simple forever, upon the trusts and for the uses and
purposes set forth in the Deed of Trust,as hereby modified and amended.
IT IS MUTUALLY AGREED by and between the parties hereto that this Agreement shall become a part of the
Loan Documents by reference and that nothing herein contained shall impair the security now held for said indebtedness, nor shall
waive, annul, vary or affect any provision, condition, covenant or agreement contained in the Loan Documents except as herein
amended, nor affect or impair any rights, powers or remedies under the Loan Documents as hereby amended. Furthermore, the
Lender does hereby reserve all rights and remedies it may have as against all parties who may be or may hereafter become primarily
or secondarily liable for the repayment of the indebtedness evidenced by the Note,as hereby amended.
The Assignee promises and agrees to pay the indebtedness evidenced by the Note, as hereby amended, in
accordance with the terms thereof and agrees to perform all of the requirements, conditions and obligations under the terms of the
Loan Documents as hereby modified and amended, said documents being hereby ratified and affirmed. The execution and delivery
hereof shall not constitute a novation or modification of the lien, encumbrance or security title of the Deed of Trust,which Deed of
Trust shall retain its priority as originally filed for record. Assignor and Assignee expressly agree that the Note is in full force and
effect and that neither Assignor nor Assignee has a right to setoff,counterclaim or defense to the payment thereof.
If any improvements secured by the Deed of Trust (the "Improvements"), or any part thereof, are located in a
special flood hazard area according to the Federal Emergency Management Agency ("FEMA"), then the Assignee must maintain a
flood insurance policy. The flood insurance policy shall be for an amount equal to the amount of the Note plus the outstanding
balance of any senior lien or the replacement value of the improvements located in the special flood hazard area, whichever is less,
and shall be with reputable companies with a Best Insurance Report rating of B+or better. If at anytime during the tern of the Note,
the Improvements are reclassified by FEMA as being located in a special flood hazard area, flood insurance will be mandatory.
Should this occur federal law requires the Lender to notify the Assignee of the reclassification. If, within forty-five (45) days of
receipt of notification from the Lender that any portion of the improvements has been reclassified by FEMA as being located in a
special flood hazard area,the Assignee has not provided sufficient evidence of flood insurance,the Lender is mandated under federal
law to purchase flood insurance on behalf of the Assignee,and any amounts so expended shall bear interest at the rate specified in the
Note, and payment thereof shall be secured by the Deed of Trust. Assignee will keep the Improvements insured against loss and
damage by fire,flood,tornado and windstorm,vandalism,malicious mischief and builder's risk(if applicable)and against such other
hazards as are customary in the locale for Improvements or as Lender may otherwise require, including, if applicable, rent loss or
business interruption for periods of no less than twelve(12)months, in amounts at no time less than the total replacement cost of such
Improvements,plus an amount sufficient to prevent any co-insurance liability on the part of the owner of the Premises. The Assignee
shall maintain general liability insurance in an amount satisfactory to the Lender. All insurance shall be with reputable companies
with a Best Insurance Report Rating of B+or better;and Assignee will pay all premiums for such insurance when due. Unless and
until requested by Lender, Assignee shall not be required to cause such insurance to name Lender as mortgagee or loss payee or to
deliver such policies or renewals or evidence of payment of premiums to Lender,but if requested by Lender, Assignee immediately
(but no later than five(5)calendar days)shall cause Lender to be named as mortgagee and additional insured under such policies and
renewals,shall deliver to Lender copies of such policies and renewals and such other evidence of compliance with the terms hereof as
Lender may request,and Assignee shall make such adjustments in the coverage of such insurance as Lender may require. If Assignee
fails or refuses to keep the Premises so insured,Lender may obtain such insurance without prejudice to its right to foreclose hereunder
by reason of such default. In the event of loss, Assignee will give immediate notice by mail to Lender who, if the>k4eb
DCM WILMINGTON, NC
RECEIVED
JAN 2 9 2015 JAN 15 2015
DCM-MHD CITY

IIIIII II I!IIIIIIIIIII IIIIIIIIIIIIIIII 12 17 58.0
83596 P0417 7 3:48-58.001
Brunswick County, NC Register of Deeds ' a emmons PROP
page 3 of 6
mortgagee and additional insured, may make proof of loss if not made promptly by Assignee, and, if the Lender is then named as
mortgagee and additional insured, each insurance company concerned shall hereby be authorized and directed to make payment for
such loss directly to Lender instead of to Assignee and Lender jointly. If the Lender is then named as mortgagee and additional
insured, the proceeds of any insurance, or any part thereof, may be applied by Lender, at its option, either to the reduction of the
amounts secured by the Deed of Trust or to the restoration or repair of the improvements. Lender may, at its option, pay any such
insurance premiums or any Impositions against the Premises of which payment, amount and validity thereof the official receipt shall
be conclusive evidence,and any amounts so expended shall immediately become debts due by Assignee,shall bear interest at the rate
specified in the Note,and such payment shall be secured by the Deed of Trust.
Any reference contained in the Loan Documents as amended herein, to the Loan Documents shall hereinafter be
deemed to be a reference to such document as amended hereby. In amplification thereof,the Deed of Trust,as amended hereby,shall
secure the Note,as amended hereby,and any further modifications,renewals or extensions thereof.
The Trustee joins in the execution of this Agreement as evidence of their knowledge of the provisions hereof and
their consent to the assignment,assumption and modifications herein made.
Assignee acknowledges that Lender may reproduce (by electronic means or otherwise) any of the documents
evidencing and/or securing the Note and thereafter may destroy the original documents. Assignee does hereby agree that any
document so reproduced shall be the binding obligation of Assignee, enforceable and admissible in evidence against it to the same
extent as if the original documents had not been destroyed.
Any loan assignment shall be closed without cost to the Lender and all expenses incurred in connection with this
closing(including,without limitation,all attorneys'fees,recording and filing costs,appraisal fees,and any title insurance costs)are to
be paid by the Assignee. The Lender is not providing legal advice or services to the Assignee.
This Agreement shall be binding upon and inure to the benefit of any assignee or the respective heirs, executors,
administrators,successors and assigns of the parties hereto.
This Agreement may be executed in any number of counterparts,each of which shall be an original but all of which
taken together shall constitute one and the same instrument,and any of the parties hereto may execute any of such counterparts.
This Agreement shall be governed by and construed in accordance with the laws of the State of North Carolina
without regard to principles of conflict of laws.
Events of Default. Violation of any of the terms, conditions, covenants, and provisions of this Assignment and
Assumption Agreement shall constitute a material default under the Loan Documents,whereupon all indebtedness owing under the
Loan Documents shall, at the option of Lender, immediately become due and payable by Purchaser,without presentment, demand,
protest,or any other notice of any kind,all of which are hereby expressly waived.
[Signatures appear on the following page]
RECEIVED
RECEIVED DCM WILMINGTON, NC
JAN 2 9 201h JAN 15 2015
DCM-MHD CITY

12 17 2014
IIIIIIII IIIIIIIIiilll IIIIIIIIIIIillll 8rend ?04za m qns, PRo
NC Register of Deeds page 4 of 6
Brunswick County,
IN WITNESS WHEREOF,this instrument has been executed under seal on the date and year first above written.
LENDER:
BIG PINE DINGS,LLC,a North Carolina limited liability company
By: (SEAL)
Name: (/
Title: ....._�( r
TRUS EE:
G/ Z1
(SEAL)
MACK L.HEWITT,JR.
ASSIGNOR:
SUNSET BEACH HOLDINGS, LLC, a South Carolina limited liability
company
ByKCL�cD� � AL)
Name: Richard Mace Watts,Jr.
Title: Its Manager
ASSIGNEE:
SUNSET BEACH HOLDINGS II, LLC, a South Carolina limited liability
company
By:Zailant,LLC—Manager
By: Jane Dean,LLC—Its Manager
By. 1. '. _ ` a(SEAL)
Name:. Francisco Zarate
Title: Its Manager
RECEIVED
JAN 29 1015 RECEIVED
DCM WILMIING ON, NC
DCM-MI-0 CITY
JAN 15 2015

i
• IIiIIIIII�IIIIIIIIIIIIIIIIIIIIIIiIIII 121758.0
83596 P0429 13:48:58.001
Brenda M. Clemmons PROP
Brunswick County, NC Register of Deeds page 5 of 6
STATE OF NORTH CAROLINA )
COUNTY OF
I, of is�Ile ) �,�ka r(,l ,a Notary Public of Q��y�S��.��c County,North Carolina,certify that
Cl— personally appeared before me this day and acknowledged that he/she is
of BIG PINE HOLDINGS, LLC, a North Carolina limited liability company, and that by authority
duly given and as the act of the limited liability company,the foregoing instrument was signed in its name by�•lj,,a
Witness m hand and notarial seal,this P/�,•��.,,
y � � day of December,2014.
3 2CJ-2v `� C/�.�(> -(�2Q n .CC �� NaIrAr�.
O•
My commission expires:
Notary Public
••.,,7CK COV 00
STATE OF NORTH CnnA��ROLINA )
COUNTY OF OU+ J j,L )
I, . -1 ( +Q rd a Notary Public of I.j U((t^L County,North Carolina certify that
MACK L. HEWQ'T, JR., as Trustee personally appeared before me this day and acknowledged the due executi jpI of the foregoing
pa @a,,�C
instrument. E J. P/ ••yw
/�y� • S �a
Witness my hand and notarial seal,this day of j%0'T r en. 90
My commission expires: 2 ,"261 J �. r`
Notary Public 71Au ��i V
w
w ��
cy
••,�`'''*K 90i 0'�a,
STATE OF
COUNTY OF �r )
(nc�ICS ,a Notary Public of �JC {r County, `Jo,.k�, Cep 1i,.^ certify
that tom:r�nr�� t� ce �..[ak�5 personally appeared efore me this day and acknowledged that he/she
is of of SUNSET BEACH HOLDINGS, LLC, a South Carolina limited liability company, and that by
authority duly given and as the act of the limited liability company,the foregoing instrument was signed in its name by him/her.
H
Witness my hand and notarial seal,this 1day of December,2014.
My commission expires:
Notary Public
RECEIVED
JAN 2 9 7014
DCM-MHD Cry
RECEIVED
DCM WIL.MINGTON, NC
JAN 15 Z015

II I I I I i l III II III I I I II II I I II I I II I II III B35�6 RL13:48-58 001
wick County, NC Register of Deeds mons PROP
page 6 of 6
STATE OF ,��
COUNTY OF 00(c; )
1, AV,,,, C[�C�Cs a Notary Public of �bfrh County,
r Co -1)\:ten- certify that 4'r qv\c S C Gl— personally
appeared before me this day and acknowledged that he/she is ck.C'fi cyr of SUNSET BEACH HOLDINGS 1I,
LLC,a South Carolina limited liability company,and that by authority duly given and as the act of the limited liability company,the
foregoing instrument was signed in its name by him/her.
Witness my hand and notarial seal,this 1� day of December,2014.
My commission expires: ! fr,
Notary Public
RECEIVED
JAN 2 9 2015
DCM-MHO CITY
RECEIVED
DCM WILMINGTON,NG
JAN 15 Z015