Loading...
HomeMy WebLinkAbout92839C - Cumbo coasNNEICAMA ❑ DREDGE & FILL Na 92839 A B C D 3 = GENERAL PERMIT Previous permit 0 Date previous permit issued ❑New ❑Modification ❑Complete Reissue ❑Partial Reissue As authorized by the State of North Carolina,Department of Environmental Quality and the Coastal Resources Commission in an area of environmental concern pursuant to: 15A NCAC f '-1 i �L ❑Rules attached. ❑ General Permit Rules available at the following link:www.deq.nc.gov/CAMArules Applicant Name + Authorized Agent Address Project Location(County): City Stiktee ZIP Street Address/State Road/Lot#(s) Phone#(_) Email Subdivision City ZIP Affected ❑CW t�EW ❑PTA ❑ES ❑PTS Adj.Wtr.Body (nat/man/unk) AEC(s): ❑OEA ❑IHA ❑UW ❑SPIMA ❑PWS Closest Maj.Wtr.Body ORW:yes/no PNA:yes/no Type of Project/Activity tt (Scale: ) Shoreline Length r`7 - Access Length 4 - - E 3 , Pier(dock)length / Fixed Platform(s) Floating Platform(s) Finger pier(s) } f 1 ' Total Platform area ._... .. Groin length/# E Bulkhead/Riprap length �...:... Avg distance offshore E G Breakwater/Sill it Max distance/length 10D 1( Basin,channel 30�X70'X 1 Cubic yards Boat ramp "" "' Boathouse/Boatlii! �'� X I +/ i Beach Bulldozing E < Other SAV observed: yes no Moratorium: n/a yes no Site Photos: yes no Riparian Waiver Attached: yes no A building permit/zoning permit may be required by: ❑TAR/PAM/NEUSE/BUFFER(circle one) Permit Conditions ���::��'L. i .`;r i i l fL. IM, )❑ See note on back regarding River Basin rules \([�],Q / ❑ See additional notes/conditions on back I AM AWARE OF STATUTES,CRC RULES AND CONDITIONS THAT APPLY TO THIS PROJECT AND REVIEWED COMPLIANCE STATEMENT. (Please Initial) Agent or A p1i an(PR ED Name Permit Officer's PRINTED Name Signature**Please read compliance statement on back of permit** Signature.. Application Fees) Check#/Money Order Issuing Date Expiration Date Statement of Compliance and Consistency This permit is subject to compliance with this application and permit conditions. Any violation of these terms may subject the permittee to a fine or criminal or civil action; and may cause the permit to become null and void. This permit must be on the project site and accessible to the permit officer when the project is inspected for compliance. The applicant certifies by signing this permit that: 1) prior to undertaking any activities authorized by this permit, the applicant will confer with appropriate local authorities to confirm that this project is consistent with the local land use plan and all local ordinances, and 2) a written statement from the adjacent riparian property owner(s) has been obtained, or proof of delivery of certified mail notification of the adjacent riparian property owner(s). The State of North Carolina and the Division of Coastal Management, in issuing this permit under the best available information and belief, certify that this project is consistent with the North Carolina Coastal Management Program. River Basin Rules Applicable To Your Project: 1-1 Tar- Pamlico River Basin Buffer Rules Neuse River Basin Buffer Rules If indicated on front of permit, your project is subject to the Environmental Management Commission's Buffer Rules for the River Basin checked above due to its location within that River Basin. These buffer rules are enforced by the NC Division of Water Resources. If you have any questions, please contact the Division of Water Resources at the Washington Regional Office (252-946-6481) or the Wilmington Regional Office (910-796-7215). Notes/Additional Permit Conditions: Please ensure all debris associated with the removal or construction of the permitted development is contained within the authorized project area and disposed of in an appropriate upland location. Division of Coastal Management Offices Morehead City Headquarters Washington District 400 Commerce Ave Morehead City, NC 28557 943 Washington Square Mall Washington, NC 27889 252-808-2808/ 1-888-4RCOAST Fax: 252-247-3330 252-946-6481 (Serves: Carteret, Craven—south of the Neuse River,Onslow Fax: 252-948-0478 Counties) (Serves: Beaufort,Craven—north of the Neuse River, Hyde, Pamlico, Tyrrell and Washington Counties) Elizabeth City District Wilmington District 401 S. Griffin St.Ste. 300 127 Cardinal Drive Ext.Wilmington, NC 28405-3845 Elizabeth City, NC 27909 910-796-7215 252-264-3901 Fax:910-395-3964 (Serves: Bertie, Camden,Chowan,Currituck, Dare,Gates, Hertford, (Serves: Brunswick, New Hanover and Pender Counties) Pasquotank and Perquimans Counties) http://portal.ncdenr.org/web/cm/dcm-home Revised 6/01/2021 o1*000AS4V " ❑CAMA ❑ DREDGE & FILL No 92839 A B C D s Previous permit GENERAL PERMIT Date previous permit issued ❑New ❑Modification ❑Complete Reissue ❑Partial Reissue As authorized by the State of North Carolina,Department of Environmental Quality and the Coastal Resources Commission in an area of environmental concern pursuant to: 15A NCAC ❑Rules attached. ❑ General Permit Rules available at the following link:www.deq.nc.gov/CAMArules Applicant Name Authorized Agent Address Project Location(County): City State ZIP Street Address/State Road/Lot#(s) Phone#(_) Email Subdivision City ZIP Affected ❑CW ❑EW ❑PTA ❑ES ❑PTS Adj.Wtr.Body (nat/man/unk) AEC(s): ❑OEA ❑IHA ❑UW ❑SPIMA ❑PWS Closest Maj.Wtr.Body ORW:yes/no PNA:yes/no Type of Project/Activity (Scale:; Shoreline Length Access Length ` E Pier(dock)length Fixed Platform(s) E I Floating Platform(s) ; Finger pier(s) I Total Platform area M Groin length/# Bulkhead/Riprap length Avg distance offshore t ' Breakwater/Sill Max distance/length , / . Basin,channel j Cubic yards . Boat ramp �� I Boathouse/Boatlift j 1" ` N T1 $,d Beach Bulldozing , Other € i SAV observed: yes no Moratorium: n/a yes no Site Photos: yes no �.. Riparian Waiver Attached: yes no A building permit/zoning permit may be required by: Permit Conditions ❑TAR/PAM/NEUSE/BUFFER(circle one) ❑ See note on back regarding River Basin rules ❑ See additional notes/conditions on back I AM AWARE OF STATUTES,CRC RULES AND CONDITIONS THAT APPLY TO THIS PROJECT AND REVIEWED COMPLIANCE STATEMENT. (Please Initial) Agent or Applicant PR me Permit Officer's PRINTED Name / Signature"Please read compliance statement on back of permit" Signature Application Feels) Check#/Money Order Issuing Date Expiration Date Statement of Compliance and Consistency This permit is subject to compliance with this application and permit conditions. Any violation of these terms may subject the permittee to a fine or criminal or civil action; and may cause the permit to become null and void. This permit must be on the project site and accessible to the permit officer when the project is inspected for compliance. The applicant certifies by signing this permit that: 1) prior to undertaking any activities authorized by this permit, the applicant will confer with appropriate local authorities to confirm that this project is consistent with the local land use plan and all local ordinances, and 2) a written statement from the adjacent riparian property owner(s) has been obtained, or proof of delivery of certified mail notification of the adjacent riparian property owner(s). The State of North Carolina and the Division of Coastal Management, in issuing this permit under the best available information and belief, certify that this project is consistent with the North Carolina Coastal Management Program. River Basin Rules Applicable To Your Project: 1-1 Tar- Pamlico River Basin Buffer Rules Neuse River Basin Buffer Rules If indicated on front of permit, your project is subject to the Environmental Management Commission's Buffer Rules for the River Basin checked above due to its location within that River Basin. These buffer rules are enforced by the NC Division of Water Resources. If you have any questions, please contact the Division of Water Resources at the Washington Regional Office (252-946-6481) or the Wilmington Regional Office (910-796-7215). Notes/Additional Permit Conditions: Please ensure all debris associated with the removal or construction of the permitted development is contained within the authorized project area and disposed of in an appropriate upland location. Division of Coastal Management Offices Morehead City Headquarters Washington District 400 Commerce Ave Morehead City, NC 28557 943 Washington Square Mall Washington, NC 27889 252-808-2808/1-888-4RCOAST Fax: 252-247-3330 252-946-6481 (Serves:Carteret, Craven—south of the Neuse River,Onslow Fax: 252-948-0478 Counties) (Serves: Beaufort,Craven—north of the Neuse River, Hyde, Pamlico, Tyrrell and Washington Counties) Elizabeth City District Wilmington District 401 S.Griffin St.Ste. 300 127 Cardinal Drive Ext.Wilmington, NC 28405-3845 Elizabeth City, NC 27909 910-796-7215 252-264-3901 Fax:910-395-3964 (Serves: Bertie, Camden,Chowan,Currituck, Dare,Gates, Hertford, (Serves: Brunswick, New Hanover and Pender Counties) Pasquotank and Perquimans Counties) http://portal.ncdenr.org/web/cm/dcm-home Revised 6/01/2021 AGENT AUTHORIZATION FOR CAMA PERMIT APPLICATION Name of Property Owner Requesting Permit: Mailing Address: 1205 Timberlake drive Clinton NC 28328 Phone Number: (916) g9o-9162 Email Address: ncc03O4@ yahoo.com I certify that I have authorized Rc.. Agent/Contractor to act on my behalf, for the purpose of applying for and obtaining all CAMA permits necessary for the following proposed development: fS041,4 at my property located at in (fGtlTfl*-1 County. I furthermore certify that I am authorized to grant, and do in fact grant permission to Division of Coastal Management staff, the Local Permit Officer and their agents to enter on the aforementioned lands in connection with evaluating information related to this permit application. Property Owner Information: RECEIVED Signature Reid Cumbo AUG 8 2024 Owner DCM- Print or Type Name MHD CITY Title 7 li_l Date This certification is valid through 1 I Created with Scanner Pro N.C. DIVISION OF COASTAL MANAGEMENT ADJACENT RIPARIAN PROPERTY OWNER NOTIFICATION/WAIVER FORM CERTIFIED MAIL - RETURN RECEIPT REOUESTED or HAND DELIVERY (Top portion to be completed by owner or their agent) Name of Property Owner: c v/.,�j Address of Property: goo A/St�NAG'U I C' L V� Mailing Address of Owner:/'J Owner's email: r✓1 C v :�O i`= ~' Owner's Phone#: Agent's Name: OkTAgent Phone1#: Agent's Email: CA) 15 i9ce^0 (/�"c`c l • C" ADJACENT RIPARIAN PROPERTY OWNER'S CERTIFICATION (Bottom portion to be completed by the Adjacent Property Owner) I hereby certify that I own property adjacent to the above referenced property. The individual applying for this permit has described to me, as shown on the attached drawing, the development they are proposing. A description or drawing, with dimensions, must be provided with this letter. I DO NOT have objections to this proposal. I DO have objections to this proposal. h you nave objections to wirai is being proposed, you must noihy the NZ. uivision of CUdsidi Management(DCM) in writing within 10 days of receipt of this notice. Correspondence should be mailed to 400 Commerce Ave.,Morehead City,NC 26557.DCM representatives can also be contacted at(252) 808-2808. No response is considered the same as no objection if you have been notified by Certified Mail. kNAWER SECTION I understand that any proposed pier, dock, mooring pilings, boat ramp, breakwater, boathouse, lift, or groin must be set back a minimum distance of 15' from my area of riparian access unless waived by me (this does not apply to bulkheads or riprap revetments). (If you wish to waive the setback, you must sign the appropriate blank below.) I DO wish to waive some/all of the 15' setback Signature of Adjacent Riparian Property Owner -OR- I do not wish to waive the 15' setback requirement (initial the blank) Signature of Adjacent Riparian Property Owner: _ Val Pis Typed/Printed name of ARPO: Mailing Address of ARPO: ARPO's eiiiaiI. ARPO's Phucie,4-. Date: "waiver is valid for up to one year from ARPO's Signature' RECEIVED Revised July 2021 AUG 0 8 2024 DCM-MHD CITY i TIPS FOR ADJACENT RIPARIAN OWNER NOTIFICATION &WAIVER FORMS CAMA Regulations require notice of proposed development to the Adjacent Riparian Property Owners(15A NCAC 7J.0204(b)(5)). Proof of actual notice (a sign-off by the owner on this form) or certified mail return receipts (showing de,'iv2ry of notice)are needed. The purpose of this notice is to make adjacent riparian property owners aware of the proposed development so that they have an opportunity to provide comments (or potentially object to)the proposed development, and to give DCM an opportunity to consider these comments/objections before a permit decision is made. "Permission" of adjacent property owners is not necessarily required for DCM to issue a permit; however, permission mast be nbtained for certain types of proposed developments if they fall within a 15'sethark area along the riparian access area of the adjacent property,as QWrrniRed solejyby DCM..It is.in the applicant's best interest to provide comprehensive and accurate notice so that arty concerns or objections can be resolved early in the permit review process. In addition, if the adjacent riparian property+owner appeals the permit decision, insufficient notice could be a basis for granting such aNbppeal' Who is an Adjacent Riparian Property Owner? What is Adjacent?(Note: DCM reads this broadly to ensure comment by potentially impacted neighbors) • A property that shares a boundary line with the site of proposed development; AND • A property that fronts a natural or manmade waterbody that is connected to coastal waters and can support some form of navigation, even a kayak or canoe, including a common canal system or a manmade basin. • Easement holders?Yes, if the easement could be impacted by the proposed development. • Streets/Roads? Only if the street/road could be impacted by the proposed development. This might include street-ends which might be used for parking and beach access. • Holders of recognized submerged lands claims/shellfish franchises. What is Riparian? Do the boundaries of the adjacent property legally intersect with the water at mean high tide? If there is a question about whether an adjacent property is considered "riparian," please reach out to DCM Staff - especially on the oceanfront beach where there may be undeveloped parcels on the beach or in the water. Who/What is a Property Owner? For private individuals(or families), send notice to the address listed on the tax card. if the property is owned by an Inc. or LLC, please send notice to the person listed as the registered agent on the NC Secretary of State's Corporations Look Up site: htl �rc�,, � ,_� �,,. For Condominiums or neighborhoods with an owners' association (HOA/POA), send notice to the association (which is usually a corporation, for which you send notice to its registered agent). What is Notice, and'now do I ensure it is received? • You can meet with your adjacent property owner, provide a description or drawing of the proposed development, and ask them to sign this form and return it to DCM; OR • You can hand-deliver this form and a description or drawing, and ask your neighbor to return it to DCM (consider providing them with a stamped envelope); OR • You can mail this form by USPS Certified Mail, return receipt requested(the Green Card). If you choose this option, you r i lust provide eiti jet the signed & r etutt led green card OR Track ti ie certified mail package number on USPS.GOV's online tracking system, and provide the tracking print-out as proof of delivery to DCM If you have any questions about this process, please reach out to DCM Staff and DCM Legal Counsel and we will work to answer your questions. Revised July 2021 N.C. DIVISION OF COASTAL MANAGEMENT ADJACENT RIPARIAN PROPERTY OWNER NOTIFICATION/WAIVER FORM CERTIFIED MAIL - RETURN RECEIPT REQUESTED or HAND DELIVERY (Top portion to be completed by owner or their agent) Name of Property Owner: �'e f CU e l U Address of Property: (J y l/ y`��y �' 1U-1c Mailing Address of Owner: Owner's email: Owner's Phone#: Agent's Name: Agent Phone#: Agent's Email: ADJACENT RIPARIAN PROPERTY OWNER'S CERTIFICATION (Bottom portion to be completed by the Adjacent Property Owner) I hereby certify that I own property adjacent to the above referenced property.The individual applying for this permit has described to me, as shown on the attached drawing, the development they are proposing. A de ion or drawing, with dimensions must be provided with this letter. I DO NOT have objections to this proposal. I DO have objections to this proposal. if you nave objections to what is being proposed, you must notify the N.C. Division of Coastal Management(DCM) in writing within 10 days of receipt of this notice. Correspondence should be mailed to 400 Commerce Ave.,Morehead City,NC 28557.DCM representatives can also be contacted at(252)808-2808. No response is considered the same as no objection if you have been notified by Certified Mail. WAIVER SECTION I understand that any proposed pier, dock, mooring pilings, boat ramp, breakwater, boathouse, lift, or groin must be set back a minimum distance of 15'from my area of riparian access unless waived by me (this does not apply to bulkheads or riprap revetments). (If you wish to waive the setback, you must sign the appropriate blank below.) I DO wish to waive some/all of the 15' setback Signature of Adjacent Riparian Property Owner -OR- I do not wish to waive the 15' setback requirement(initial the blank r2 Signature of Adjacent Riparian Property Owner: F r f / j/ Typed/Printed name of ARPO:re-tf I°f W` f� efrn K� Mailing Address ofARPO: kv a a&PL'fpGJAVQ `V��//�r� AC dV�-70 ARPO's email: bvk 14Ao U S P 6-7& mot /AR O's Phone#: Sa— 6 76— Date: 0 1 *waiver is valid for up t ear from ARPO's Signature* WE I V E D Revised July 2021 Q.l16 0 8 2024 Dt---,!'1A-r0HD CITY TIPS FOR ADJACENT RIPARIAN OWNER NOTIFICATION &WAIVER FORMS e CAMA Regulations require notice of proposed development to the Adjacent Riparian Property Owners(15A NCAC 7J.0204(b)(5)). Proof of actual notice (a sign-off by the owner on this form) or certified mail return receipts (SiiOVving u2+i'vcif1y o RJUCe)are needed. The purpose of this notice is to make adjacent riparian property owners aware of the proposed development so that they have an opportunity to provide comments (or potentially object to)the proposed development, and to give DCM an opportunity to consider these comments/objections before a permit decision is made. "Permission" of adjacent property owners is not necessarily required for DCM to issue a permit; however, permission MHst he obtained for rertain types of prnpnsed dQvAlopmP_.nts if they fall within a 15'sethark area along the riparian access area of the adjacent property, as determined solely by DCM. It is in the applicant's best interest to provide comprehensive and accurate notice so that any concerns or objections can be resolved early in the permit review process. In addition, if the adjacent riparian property owner appeals the permit decision, insufficient notice could be a basis for granting such an appeal. Who is an Adjacent Riparian Property Owner? What is Adjacent?(Note: DCM reads this broadly to ensure comment by potentially impacted neighbors) • A property that shares a boundary line with the site of proposed development; AND • A property that fronts a natural or manmade waterbody that is connected to coastal waters and can support some form of navigation, even a kayak or canoe, including a common canal system or a manmade basin. • Easement holders?Yes, if the easement could be impacted by the proposed development. • Streets/Roads? Only if the street/road could be impacted by the proposed development. This might include street-ends which might be used for parking and beach access. • Holders of recognized submerged lands claims/shellfish franchises. What is Riparian? Do the boundaries of the adjacent property legally intersect with the water at mean high tide? If there is a question about whether an adjacent property is considered "riparian," please reach out to DCM Staff - especially on the oceanfront beach where there may be undeveloped parcels on the beach or in the water. Who/What is a Property Owner? For private individuals(or families), send notice to the address listed on the tax card. if the property is owned by an Inc. or LLC, please send notice to the person listed as the registered agent on the NC Secretary of State's Corporations Look Up site: r l+, c << ! �r :. For Condominiums or neighborhoods with an owners' association (HOA/POA), send notice to the association (which is usually a corporation, for which you send notice to its registered agent). What is Notice, and how do i ensure it is received? • You can meet with your adjacent property owner, provide a description or drawing of the proposed development, and ask them to sign this form and return it to DCM; OR • You can hand-deliver this form and a description or drawing, and ask your neighbor to return it to DCM (consider providing them with a stamped envelope); OR • You can mail this form by USPS Certified Mail, return receipt requested(the Green Card). If you choose tilis option, you must provide either the signed & returned led green card OR track ti ie certified mail package number on USPS.GOV's online tracking system, and provide the tracking print-out as proof of delivery to DCM If you have any questions about this process, please reach out to DCM Staff and DCM Legal Counsel and we will work to answer your questions. Revised July 2021 Tax Parcel Information: Carteret County , N . C . 6284 Owner: SWANN GALE ' Current PIN: 634603346284000 Site Address: ' Q 00080o SOUNDVIEW NEWPORT RECEIVED AJERt Mailing Address: PO BOX 6825 AUG 0 8 2024 BEAUFO RTSC S ' Legal Description: DCM-MHD CITY riveovdisool Li BD SOUND VIEW PARK Y Prior PIN: 13019CO331 City Limits: Rescue District: fi Fire District: Wildwood Fire Tax District: Tax District Township: --�� 3013 j -- Use: CANAL LOT " ..___� ►,.� Land Value: $134,106 NBHD: SOUND VIEW PA Bldg Htd Sq Ft: 2263 Bldg Value: $157,719 Base Area Sq Ft: 2,302 Other Value: $18,867 5 2q6 Year Built: 1987 - _ Total Value: $31o,692 Noise Level: Level Sale Price: $0 AICUZ Zone: Zone Taxed Acres: 0.56 GIS Acres: 0.5 Plat Ref: 5 /579 Roll Type: R N we Deed P.ef: 1120 / 493 Deed Date: 200507o8 S Bedrooms: 3 Bathrooms: 2 "n=30 ft printed August 1,2024 The information displayed by this webste is prepared for the inventory of real property found withvnthisjurisdiction and is compiled from recorded deeds,plats,and other public records and data Users of this information are hereby notified that the aforementioned pudic primary information sources should be consulted for verification of the information contained on this site. Carteret County assumes no legal responsibility for the information contained on this site. Carteret County does no(guarantee that the data and map services wil be available to users without interruptiDnor error.Furthermore,Carteret County may modify or remove ma services and access methods at will. a s a. j t RECEIVED dotloop signature verification:dt1p.us/yCng-dpNa-iEWU Authentisign ID:EBFOB60C-053F-EFtt-86D4-6045BDEF834A AUG 0 8 2024 �u r� .s 4^ STATE OF NORTH CAROLINA s RESIDENTIAL PROPERTY AND OWNERS'ASSOCIATION DISCLOOOK44VIOUTOITY Instructions to Property Owners 1. The Residential Property Disclosure Act(G.S.47E) ("Disclosure Act")requires owners of residential real estate(single-family homes,individual condominiums,townhouses, and the like,and buildings with up to four dwelling units) to furnish buyers a Residential Property and Owners'Association Disclosure Statement("Disclosure Statement").This form is the only one approved for this purpose.A disclosure statement must be furnished in connection with the sale,exchange,option,and sale under a lease with option to purchase where the tenant does not occupy or intend to occupy the dwelling. A disclosure statement is not required for some transactions,including the first sale of a dwelling which has never been inhabited and transactions of residential property made pursuant to a lease with option to purchase where the lessee occupies or intends to occupy the dwelling. For a complete list of exemptions,see G.S.47E-2. 2. You must respond to each of the questions on the following pages of this form by filling in the requested information or by placing a check (,� in the appropriate box. In responding to the questions, you are only obligated to disclose information about which you have actual knowledge. a. If you check"Yes"for any question,you must explain your answer and either describe any problem or attach a report from an attorney,engineer,contractor,pest control operator or other expert or public agency describing it. If you attach a report,you will not be liable for any inaccurate or incomplete information contained in it so long as you were not grossly negligent in obtaining or transmitting the information. b. If you check"No,"you are stating that you have no actual knowledge of any problem. If you check"No'and you know there is a problem,you may be liable for making an intentional misstatement. c. If you check"No Representation,"you are choosing not to disclose the conditions or characteristics of the property,even if you have actual knowledge of them or should have known of them. d. If you check"Yes"or"No"and something happens to the property to make your Disclosure Statement incorrect or inaccurate (for example, the roof begins to leak),you must promptly give the buyer a corrected Disclosure Statement or correct the problem. 3. If you are assisted in the sale of your property by a licensed real estate broker,you are still responsible for completing and delivering the Disclosure Statement to the buyers;and the broker must disclose any material facts about your property which he or she knows or reasonably should know,regardless of your responses on the Disclosure Statement. 4. You must give the completed Disclosure Statement to the buyer no later than the time the buyer makes an offer to purchase your property. If you do not, the buyer can, under certain conditions, cancel any resulting contract (See "Note to Buyers"below). You should give the buyer a copy of the Disclosure Statement containing your signature and keep a copy signed by the buyer for your records. Note to Buyer: If the owner does not give you a Residential Property and Owners'Association Disclosure Statement by the time you make your offer to purchase the property,you may under certain conditions cancel any resulting contract without penalty to you as the buyer. To cancel the contract,you must personally deliver or mail written notice of your decision to can-eel to the owner or the owner's agent within three calendar days following your receipt of the Disclosure Statement, or three calendar days following the date of the contract,whichever occurs first. However,in no event does the Disclosure Act permit you to cancel a contract after settlement of the transaction or(in the case of a sale or exchange)after you have occupied the property,whichever occurs first. 5. In the space below,type or print in ink the address of the property(sufficient to identify it and our name.Then sign and date. Property Address: 800 Soundview Avenue Newport NC 28570 Owner's Name(s): Gale Swann Owner(s)acknowledges)having examined this Disclosure Statement before signing and that 1 ormation is true and correct as of the date signed. Owner Signature: GA Swann Date 2024-05-17 Owner Signature: Date Buyer Initials and Date Owner Initials and Date c) 2024-05-17 dodoop verified dotloop verified Buyer Initials and Date Owner Initials and Date REC 4.22 Page 1 of 5 pr«Iw«A with Srfen Slwgl REV 8/21 KtUtl VtU tig PD6 AuthnIn ID:EBFOB0C-053FEF11-N4. 045BEF834A AUG 0 8 2024 Buyers acknowledge receipt of a copy of this Disclosure Statements- that the�'Ihave examined it before signing; that they understand that this isnotawarrantybyownersorowners'agents;tl tAA dlX bOtOf-frYnyinspectionstheymaywishto obtain;and that the representations are made by the owners and not the owners'agents or subagents. Buyers are strongly encouraged to obtain their own inspections from a licensed home inspector or other professional. As used herein, words in the plural include the singular,as appropriate. Property Address/Description: 800 Soundview Avenue Newport NC 28570 11:34AM CDT 1�ij dotloop verified The following questions address the characteristics and condition of the property identified above about which the owner has actual knowledge.Where the question refers to"dwelling, it is intended to refer to the dwelling unit,,or units if more than one,to be conveyed with the property.The term"dwelling unit"refers to any structure intended for human habitation. No Yes No Representation 1. In what year was the dwelling constructed?1987 Explain if necessary: ® ❑ 2. Is there any problem, malfunction or defect with the dwelling's foundation, slab, fireplaces/chimneys, floors, windows (including storm windows and screens), doors, ❑ ❑ 0 ceilings, interior and exterior walls, attached garage, patio, deck or other structural components including any modifications to them? 3. The dwelling's exterior walls are made of what type of material? ❑ Brick Veneer ❑ Wood ❑ Stone ❑ Vinyl ❑ Synthetic Stucco ❑ Composition/Hardboard ❑ Concrete❑Fiber Cement❑Aluminum❑Asbestos ❑ 0 ❑ (Check all that apply) Other 4. In what year was the dwelling's roof covering installed?2020 ® ❑ (Approximate if no records are available)Explain if necessary: 5. Is there any leakage or other problem with the dwelling's roof? ❑ ❑ 6. Is there any water seepage, leakage, dampness or standing water in the dwelling's basement, ❑ ❑ 21 crawl space,or slab? 7. Is there any problem, malfunction or defect with the dwelling's electrical system ❑ ❑ 0 (outlets,wiring,panel,switches,fixtures,generator,etc.)? 8. Is there any problem, malfunction or defect with the dwelling's plumbing system (pipes, ❑ 0 fixtures,water heater,etc.)? 9. Is there any problem, malfunction or defect with the dwelling's heating and/or air ❑ ❑ 0 conditioning? 10. What is the dwelling's heat source? ❑ Furnace 0 Heat Pump❑Baseboard (Check all that apply) Age of system: 0 ❑ ❑Other N/A Approximately 6 years 11. What is the dwelling's cooling source?0 Central Forced Air ❑ Wall/Window Unit(s) (Check all that apply)Age of system: 0 ❑ ❑Other N/A Approximately 6 years 12. What are the dwelling's fuel sources? ❑ Electricity ❑ Natural Gas ❑Propane❑Oil ❑Other N/A (Check all that apply) If the fuel source is stored in a tank,identify whether the tank is❑above ground or❑ ❑ below ground,and whether the tank is❑leased by seller or❑owned by seller.(Check all that apply) Buyer Initials and Date Owner Initials and Date S 2024-05-17 11:32 AM EDT 1:02 tlotloop verified dotloop verified Buyer Initials and Date Owner Initials and Date REC 4.22 Page 2 of 5 Prolr.reA ri[I.S i r�SLirIA REV 8/21 Kttot1vtU dotloop signature verification:dt1p.us/yCng-dpNa-iEWU Authentisign ID:EBFOB60C-053F-EF11-BBD4-6045BDEF834A AUG 0 n 2024 13. What is the dwelling's water supply source?0 City/County❑Community Sys AAH4 CITY El Well ❑Shared Well ❑Other N/A (Check all that apply) 14. The dwelling's water pipes are made of what type of material?❑ Copper 0 Galvanized❑ Plastic❑Polybutylene ❑ 0 Other Seller is not sure (Check all that apply) 15. Is there any problem, malfunction or defect with the dwelling's water supply (including ❑ ❑ 0 water quality,quantity,or water pressure)? 16. What is the dwelling's sewage disposal system? ❑ Septic Tank ❑ Septic Tank with Pump ❑ Community System 0 Connected to City/County System ❑ City/County System available❑ Straight pipe(wastewater does not go into a septic or other sewer 0 ❑ system[note:use of this type of system violates state law]) ❑Other N/A (Check all that apply) 17. If the dwelling is serviced by a septic system, do you know how many bedrooms are allowed by the septic system permit? ❑ 0 ❑ If your answer is"yes,"how many bedrooms are allowed? ❑ No records available 18. Is there any problem,malfunction or defect with the dwelling's sewer and/or septic system? ❑ ❑ 19. Is there any problem,malfunction or defect with the dwelling's central vacuum,pool,hot tub,spa,attic fan,exhaust fan,ceiling fans,sump pump,irrigation system,TV cable wiring ❑ ❑ 0 or satellite dish,garage door openers,gas logs,or other systems? 20. Is there any problem,malfunction or defect with any appliances that may be included in the conveyance (range/oven, attached microwave, hood/fan, dishwasher, disposal, ❑ ❑ etc.)? 21. Is there any problem with present infestation of the dwelling, or damage from past infestation of wood destroying insects or organisms which has not been repaired? ❑ ❑ 0 22. Is there any problem, malfunction or defect with the drainage,grading or soil stability of ❑ ❑ 0 the property? 23. Are there any structural additions or other structural or mechanical changes to the ❑ 0 ❑ dwelling(s)to be conveyed with the property? 24. Is the property to be conveyed in violation of any local zoning ordinances, restrictive covenants,or other land-use restrictions,or building codes(including the failure to obtain ❑ 0 ❑ proper permits for room additions or other changes/improvements)? 25. Are there any hazardous or toxic substances, materials, or products (such as asbestos, formaldehyde,radon gas,methane gas,lead-based paint)which exceed government safety standards, any debris (whether buried or covered) or underground storage tanks, or any ❑ ❑ 0 environmentally hazardous conditions (such as contaminated soil or water, or other environmental contamination)located on or which otherwise affect the property? 26. Is there any noise,odor,smoke,etc.from commercial,industrial,or military sources which ❑ 0 ❑ affects the property? 27. Is the property subject to any utility or other easements, shared driveways, party walls or ❑ 0 encroachments from or on adjacent property? 28. Is the property the subject of any lawsuits, foreclosures, bankruptcy, leases or rental agreements, judgments, tax liens, proposed assessments, mechanics' liens, materialmens' ❑ ® ❑ liens,or notices from any governmental agency that could affect title to the property? 29. Is the property subject to a flood hazard or is the property located in a federally-designated ❑ ❑ 21 flood hazard area? 30. Does the property abut or adjoin any private road(s) or street(s)? ❑ ® ❑ 31. If there is a private road or street adjoining the property, is there in existence any owners' association or maintenance agreements dealing with the maintenance of the road or ❑ 0 ❑ street? Buyer Initials and Date n I I Owner Initials and Date IG S 2024-05-17 mmgnn minann 11:32 AM EDT 1:02 PM EDT Buyer Initials and Date dotloop verified dodoop verified Owner Initials and Date REC 4.22 Page 3 of 5 prd4�aro0 with 5e4n Shi okl REV 8/21 IV a lL-VL-1 0 L-L/ dotloopsignatureverification:ddp.us/yCng-dpNa-iEwu AUG 0 8 2024 Aulhentisign ID:EBFOB60C-053F-EF11-86D4-6045BDEF834A If you answered "yes" to any of the questions list[J&F b 1&nyxplain (attach additional sheets if necessary): (Q1) (Q4) In lieu of providing a written explanation,you may attach a written report to this Disclosure Statement by a public agency,or by an attorney,engineer,land surveyor,geologist,pest control operator,contractor,home inspector,or other expert,dealing with matters within the scope of that public agency's functions or the expert's license or expertise. The following questions pertain to the property identified above, including the lot to be conveyed and any dwelling unit(s),sheds,detached garages,or other buildings located thereon. No Yes No Representation 32. Is the property subject to governing documents which impose various mandatory covenants, ❑ ❑ conditions,and restrictions upon the lot or unit? If you answered "yes"to the question above, please explain (attach additional sheets if necessary): 33. Is the property subject to regulation by one or more owners'association(s)including, ® ❑ ❑ but not limited to,obligations to pay regular assessments or dues and special assessments?If you answer is"yes,"please provide the information requested below as to each owners' association to which the property is subject[insert N/A into any blank that does not apply]: • (specify name)Sound View Park Owners'Association whose regular assessments ("dues")are$600.00 per Year_.The name,address and telephone number of the president of the owners'association or the association manager are Eric Gregson PO Box 1691, Morehead City, NC 28557 252-241-0146 • (specify name) whose regular assessments ("dues")are$ per.The name,address and telephone number of the president of the owners'association or the association manager are *If you answered"Yes"to question 33 above,you must complete the remainder of this Disclosure Statement. If you answered"No" or "No Representation" to question 33 above, you do not need to answer the remaining questions on this Disclosure Statement.Sldp to the bottom of the last page and initial and date the page. No Yes NoRepresentation 34. Are any fees charged by the association or by the association's management company in connection with ❑ ❑ the conveyance or transfer of the lot or property to a new owner?If your answer is"yes,"please state the amount of the fees: 35. As of the date this Disclosure Statement is signed,are there any dues,fees,or special assessments which ❑ ® ❑ have been duly approved as required by the applicable declaration or bylaws,and that are payable to an association to which the lot is subject?If your answer is"yes,"please state the nature and amount of the dues,fees,or special assessments to which the property is subject: 36. As of the date this Disclosure Statement is signed, are there any unsatisfied judgments against,or ❑ ® ❑ pending lawsuits involving the property or lot to be conveyed?If your answer is"yes,"please state the nature of each pending lawsuit,and the amount of each unsatisfied judgment: 37. As of the date this Disclosure Statement is signed, are there any unsatisfied judgments against, or ❑ ❑ Buyer Initials and Date nn Owner Initials and Date G S 2024-05-17 11:32 AM EDT 1:02 PM EDT Buyer Initials and Date dotloop verified dotloop verified Owner Initials and Date REC 4.22 Page 4 of 5 Prep�eeO with S•4nShirb REV 8/21 dotloop signature verification:d0p.usiyCng-dpNa-IEwu Authentisign ID:EBFOB60C-053F-EF11-86D4-6045BDEF834A p C r C 1%/C Pl pending lawsuits involving the planned community or the association to which the property ana lot are subject, with the exception of any action filed by the association for the collection of delinquent assessments on lots other than the property and lot to be conveyed?If your answer is "yes," please state the nature of each pending lawsuit, and the amount of each unsatisfied judgment: 38. Which of the following services and amenities are paid for by the owners' association(s) identified xo above out of the association's regular assessments("dues")?(Check all that apply). Yes 1Vp Representation ManagementFees........................................................................................................ ❑ 0 ❑ Exterior Building Maintenance of Property to be Conveyed.................................. ❑ 0 ❑ Master Insurance....................................................................................................... ❑ ❑ 0 Exterior Yard/Landscaping Maintenance of Lot to be Conveyed......................... ❑ 0 ❑ Common Areas Maintenance....................................................................................................... ❑ ❑ 0 TrashRemoval.......................................................................................................... ❑ 0 ❑ Recreational Amenity Maintenance (specify amenities ❑ ❑ 0 covered) Pest Treatment/Extermination.................................................................................. ❑ 0 ❑ StreetLights............................................................................................................... ❑ ❑ 0 Water................................................................................................................................ ❑ 0 ❑ Sewer................................................................................................................................ ❑ 0 ❑ Storm Management/Drainage/Ponds................................................................................................. ❑ ❑ 0 InternetService.................................................................................................................. ❑ 0 ❑ Cable................................................................................................................................. ❑ 0 ❑ PrivateMaintenance............................................................................................................................... ❑ ❑ 0 Parking Area ❑ ❑ 0 Maintenance........................................................................................................................... Gateand/or Security.................................................................................................................................... ❑ 0 ❑ Other:(specify) RECEIVED AUG 0 8 2024 DCM-MHD CITY Buyer Initials and Date/D9A24 6W Owner Initials and Date c is 2024-05-17 11�ABM E6 1:02 PM EDT Buyer Initials and Date dodoopverified dotloop verified Owner Initials and Date REC 4.22 Page 5 of 5 wo ►repare0 with Se4n MoldREV 8/21 RECEIVED dotloop signature verification:diIp.usiyCng-dpNa-!E"It Authentisign ID:EBFOB60C-053F-EF11-86D4-6045BDEF834A ���" STATE OF NORTH CAROLINA AUG 0 8 2024 •� MINERAL AND OIL AND GAS RIGHTS MANDATORY DISCLOSURE STATEMENT DCM-MHD CITY Instructions to Property Owners 1. The Residential Property Disclosure Act (G.S. 47E) ("Disclosure Act") requires owners of certain residential real estate such as single- family homes, individual condominiums, townhouses, and the like, and buildings with up to four dwelling units, to furnish purchasers a Mineral and Oil and Gas Rights Disclosure Statement("Disclosure Statement").This form is the only one approved for this purpose. 2. A disclosure statement is not required for some transactions. For a complete list of exemptions, see G.S. 47E-2(a). A DISCLOSURE STATEMENT IS REQUIRED FOR THE TRANSFERS IDENTIFIED IN G.S. 47E-2(b), including transfers involving the first sale of a dwelling never inhabited, lease with option to purchase contracts where the lessee occupies or intends to occupy the dwelling,and transfers between parties when both parties agree not to provide the Residential Property and Owner's Association Disclosure Statement. 3. You must respond to each of the following by placing a check� in the appropriate box. MINERAL AND OIL AND GAS RIGHTS DISCLOSURE Mineral rights and/or oil and gas rights can be severed from the title to real property by conveyance (deed) of the mineral rights and/or oil and gas rights from the owner or by reservation of the mineral rights and/or on and gas rights by the owner. If mineral rights and/or oil and gas rights are or will be severed from the property,the owner of those rights may have the perpetual right to drill,mine,explore,and remove any of the subsurface mineral and/or oil or gas resources on or from the property either directly from the surface of the property or from a nearby location.With regard to the severance of mineral rights and/or oil and gas rights,Seller makes the following disclosures: �R Yes No No Representation i.Mineral rights were severed from the property by a previous ❑ ❑ Iri s owner. 1 2.Seller has severed the mineral rights from the property. ❑ s 3.Seller intends to sever the mineral rights from the property prior ❑ to transfer of title to the Buyer. PEW 6W 4.Oil and gas rights were severed from the property by a previous owner. ❑ ❑ 15W 6W 5.Seller has severed the oil and gas rights from the property. ❑ 6.Seller intends to sever the oil and gas rights from the property ❑ BnyerI s prior to transfer of title to Buyer. Note to Purchasers If the owner does not give you a Mineral and Oil and Gas Rights Disclosure Statement by the time you make your offer to purchase the property,or exercise an option to purchase the property pursuant to a lease with an option to purchase, you may under certain conditions cancel any resulting contract without penalty to you as the purchaser. To cancel the contract, you must personally deliver or mail written notice of your decision to cancel to the owner or the owner's agent within three calendar days following your receipt of this Disclosure Statement,or three calendar days following the date of the contract, whichever occurs first. However, in no event does the Disclosure Act permit you to cancel a contract after I settlement nf the transaction or (in the casp of a ulp or Pxchanpp) after you have occunied the nronerty- whichever Property Address: 800 Soundview Avenue Newport NC 28570 �� k � 11:34 AMCDT 1 PM T Owner's Name(s): Gale Swann dotloopverified tlotloop verified Owner(s)acknowledge having examined this Disclosure Statement before signing and that all information is true and correct as of the date signed. Owner Signature Cade Ste^ Date 2024-05-17 Owner Signature Date Purchaser(s)acknowledge receipt ofa copy of this Disclosure Statement;that theyhave examined it before signing;that they understand that this is not a warranty by owner or owner's agent;and that the representations are made by the owner and not the owner's agent(s) or subagent(s). � � dotloop verified Signature R0 VG-MBIL-COD%ETMD Date REC 4.25 1/1/15 Prepared with Se4rs Shield dotloop signature verification:dtlp.us/yCng-dpNa-iEWt Authentisign ID:EBFOB60C-053F-EFt1-86D4-6 s-!A /�J dotloop verified Purchaser Signature (/ �f%C/ 07/09&1:02 PM EDT Date r 67YB-DQZL-BACE-DPZS RECEIVED AUG 0 8 2024 DCM-MHD CITY REC 4.25 1/1/15 Prepared with Sefan Shield RECEIVED dotloop signature verification:ddp.us/yCng-dpNa-iEWU? Authentisign ID:EBF0860C-053F-EF11-86D4-6045BDEF834A OFFER TO PURCHASE AND CONTRACT AUG 0 8 2024 [Consult"Guidelines"(Form 2G)for guidance in completing this form] DC M-MH( al�Y For valuable consideration,the receipt and legal sufficiency of which are hereby acknowledged,Buyer offers to purchase el er upon acceptance agrees to sell and convey the Property on the terms and conditions of this Offer To Purchase and Contract and any addendum or modification made in accordance with its terms(together the"Contract"). 1. TERMS AND DEFINITIONS: The terms listed below shall have the respective meaning given them as set forth adjacent to each term. (a)"Seller":Gale Swann (b)"Buyer":Reid H Cumbo and Carrie O Cumbo (c)"Property":The Property shall include all that real estate described below together with all appurtenances thereto including the improvements located thereon and the fixtures and personal property listed in Paragraphs 2 and 3 below. The Property❑will®will not include a manufactured(mobile)home(s). The Property❑will®will not include an off-site and/or separate septic lot,boat slip,garage,parking space,or storage unit. NOTE:If a manufactured home(s)or a septic lot,boat slip,garage,parking space,or storage unit is included,Buyer and Seller are strongly encouraged to include further details in the Additional Provisions Addendum(Form 2AI I-T)and attach it to this offer. Street Address:800 Soundview Avenue 1W tW City:Ne ort Zip:28570 11,34 AM County:Carteret dotloop veri led dodoo6 Carolina NOTE:Governmental authority over taxes,zoning,school districts,utilities and mail delivery may differ from address shown. Legal Description:(Complete ALL applicable) Plat Reference:Lot/Unit ,Block/Section ,Subdivision/Condominium Sound view as shown on Plat Book/Slide 5 at Page(s) 579 The PIN ID or other i enti nation number o t e Property is:634603346284000 Other description: Some or all of the Property may be described in Deed Book 1738 at Page 174 (d)"Purchase Price": $495,000 paid in U.S.Dollars upon the following terms: $1,000 BY DUE DILIGENCE FEE made payable and delivered to Seller on the Effective Date by❑cash ®personal check ❑official bank check ❑wire transfer ❑electronic transfer(specify payment service: ) $7,000 BY INITIAL EARNEST MONEY DEPOSIT made payable and delivered to Escrow Agent named in Paragraph 1(f) within five (5) days of the Effective Date of this Contract by ❑cash ®personal check ❑official bank check ❑wire transfer ❑ electronic transfer. $ BY(ADDITIONAL)EARNEST MONEY DEPOSIT made payable and delivered to Escrow Agent named in Paragraph 1(f)no later than 5 p.m.on , TIME BEING OF THE ESSENCE by❑cash ❑official bank check ire transfer ❑electronic transfer $ BYASSUMPTION of the unpaid principal balance and all obligations of Seller on the existing loan(s) secured by a deed of trust on the Property in accordance with the attached Loan Assumption Addendum(Standard Form 2A6-T). $ BY SELLER FINANCING in accordance with the attached Seller Financing Addendum(Standard Form 2A5-T). $ BY BUILDING DEPOSIT in accordance with the attached New Construction Addendum(Standard Form 2A3-T). $487,000.00 BALANCE of the Purchase Price in cash at Settlement(some or all of which may be paid with the proceeds of a new loan) Page 1 of 17 This form jointly approved by: STANDARD FORM 2-T ® North Carolina Bar Association's Real Property Section Revised 7/2023 North Carolina Association of REALTORS®, © 7/2023 REACTOR® IMa Eouu HouslNo OPPON TO NITI Buyer's initials ` ' ' Seller's initials dotloop signature verification:dt1p.us/yCng-dpNa-iEVVU- Authentisign ID: BFO,1 6OC-053F-EF 1 D4� QDEF834A Sod Buyer�a, to c�e iver either the Due Diligence Fee or any Initial Earnest Money Deposit by their due dates,or should any check or other funds paid by Buyer be dishonored,for any reason,by the institution upon which the payment is drawn,Buyer shall have one(1)banking day after written notice to deliver cash,official bank check,wire transfer or electronic transfer to the payee.In the event Buyer does not timely deliver the required funds,Seller shall have the right to terminate this Contract upon written notice to Buyer,and Seller shall be entitled to recover the Due Diligence Fee together with all Earnest Money Deposit paid or to be paid in the future.In addition,Seller may seek any remedies allowed for dishonored funds.See paragraph 23 for a parry's right to attorneys' fees incurred in collecting the Earnest Money Deposit or Due Diligence Fee. NOTE: If the parties agree that Buyer will pay any fee or deposit described above by electronic or wire transfer,Seller agrees to cooperate in effecting such transfer, including the establishment of any necessary account and providing any necessary information to Buyer,provided,however,Buyer shall be responsible for additional costs,if any,associated with such transfer. (e)"Earnest Money Deposit": The Initial Earnest Money Deposit,the Additional Earnest Money Deposit and any other earnest monies paid or required to be paid in connection with this transaction,collectively the"Earnest Money Deposit,"shall be deposited promptly and held in escrow by Escrow Agent. The Earnest Money Deposit will be credited to Buyer at Closing or disbursed as required by this Contract. (f)"Escrow Agent"(insert name):Wheatly Law Firm Buyer and Seller consent to disclosure by the Escrow Agent of any material facts pertaining to the Earnest Money Deposit to the parties to this transaction,their real estate agent(s)and Buyer's lender(s). NOTE: In the event of a dispute between Seller and Buyer over the disposition of the Earnest Money Deposit held in escrow, a licensed real estate broker("Broker")is required by state law(and Escrow Agent,if not a Broker,hereby agrees)to retain the Earnest Money Deposit in the Escrow Agent's trust or escrow account until Escrow Agent has obtained a written release from the parties consenting to its disposition or until disbursement is ordered by a court of competent jurisdiction. Alternatively, if a Broker or an attorney licensed to practice law in North Carolina("Attorney")is holding the Earnest Money Deposit,the Broker or Attorney may deposit the disputed monies with the appropriate clerk of court in accordance with the provisions of N.C.G.S. §93A-12. THE PARTIES AGREE THAT A REAL ESTATE BROKERAGE FIRM ACTING AS ESCROW AGENT MAY PLACE THE EARNEST MONEY DEPOSIT IN AN INTEREST BEARING TRUST ACCOUNT AND THAT ANY INTEREST EARNED THEREON SHALL BE DISBURSED TO THE ESCROW AGENT MONTHLY IN CONSIDERATION OF THE EXPENSES INCURRED BY MAINTAINING SUCH ACCOUNT AND RECORDS ASSOCIATED THEREWITH. (g)"Effective Date":The date that:(1)the last one of Buyer and Seller has signed or initialed this offer or the final counteroffer,if any,and(2)such signing or initialing is communicated to the party making the offer or counteroffer,as the case may be.The parties acknowledge and agree that the initials lines at the bottom of each page of this Contract are merely evidence of their having reviewed the terms of each page, and that the complete execution of such initials lines shall not be a condition of the effectiveness of this Agreement. The parties further acknowledge that the effectiveness of this Contract is not contingent on Buyer's payment of any Earnest Money Deposit or Due Diligence Fee. See paragraph l(d) for Seller's remedy for any untimely delivered or dishonored funds. (h)"Due Diligence":Buyer's opportunity to investigate the Property and the transaction contemplated by this Contract,including but not necessarily limited to the matters described in Paragraph 4 below,to decide whether Buyer,in Buyer's sole discretion,will proceed with or terminate the transaction. (i)"Due Diligence Fee":A negotiated amount,if any,paid by Buyer to Seller with this Contract for Buyer's right to terminate the Contract for any reason or no reason during the Due Diligence Period.It shall be the property of Seller upon the Effective Date and shall be a credit to Buyer at Closing.The Due Diligence Fee shall be non-refundable except in the event of a material breach of this Contract by Seller,or if this Contract is terminated under Paragraph 23(b)or as otherwise provided in any addendum hereto. Buyer and Seller each expressly waive any right that they may have to deny the right to conduct Due Diligence or to assert any defense as to the enforceability of this Contract based on the absence or alleged insufficiency of any Due Diligence Fee,it being the intent of the parties to create a legally binding contract for the purchase and sale of the Property without regard to the existence or amount of any Due Diligence Fee.See paragraph 23 for a parry's right to attorneys'fees incurred in collecting the Due Diligence Fee. 0)"Due Diligence Period": The period beginning on the Effective Date and extending through 5:00 p.m.on 08/08/2024 TIME BEING OF THE ESSENCE. (k)"Settlement":The proper execution and delivery to the closing attorney of all documents necessary to complete the transaction contemplated by this Contract,including the deed,settlement statement,deed of trust and other loan or conveyance documents,and the closin attorney's receipt of all funds necessary to complete such transaction. RECEIVED Page 2of17 A UG O 8 STANDARD FORM 2-T ����44 Revised 7/2023 Buyer'�ilfftlals I lSeller's initials 07/2023 DCM-MHD CITY-M dotloop signature verification:dt1p.us/yCng-dpNa-iEWU? Authentisign ID:EBFOB60C-053F-EFtt-86D4-6045BDEF834A (1)"Settlement Date":The parties agree that Settlement will take place on 08/20/2024 (the"Settlement Date"),unless otherwise agreed in writing,at a time and place designated by Buyer. NOTE: See paragraph 12,DELAY IN SETTLEMENT/CLOSING for conditions under which Settlement may be delayed. (m)"Closing":The completion of the legal process which results in the transfer of title to the Property from Seller to Buyer,which includes the following steps: (1)the Settlement(defined above); (2)the completion of a satisfactory title update to the Property following the Settlement; (3)the closing attorney's receipt of authorization to disburse all necessary funds; and(4)recordation in the appropriate county registry of the deed(s)and deed(s)of trust,if any,which shall take place as soon as reasonably possible for the closing attorney after Settlement. Upon Closing,the proceeds of sale shall be disbursed by the closing attorney in accordance with the settlement statement and the provisions of Chapter 45A of the North Carolina General Statutes.If the title update should reveal unexpected liens, encumbrances or other title defects, or if the closing attorney is not authorized to disburse all necessary funds,then the Closing shall be suspended and the Settlement deemed delayed under Paragraph 12(Delay in Settlement/Closing). WARNING: The North Carolina State Bar has determined that the performance of most acts and services required for a closing constitutes the practice of law and must be performed only by an attorney licensed to practice law in North Carolina. State law prohibits unlicensed individuals or firms from rendering legal services or advice. Although non-attorney settlement agents may perform limited services in connection with a closing,they may not perform all the acts and services required to complete a closing. A closing involves significant legal issues that should be handled by an attorney. Accordingly, it is the position of the North Carolina Bar Association and the North Carolina Association of REALTORS®that all buyers should hire an attorney licensed in North Carolina to perform a closing. (n)"Special Assessments":A charge against the Property by a governmental authority in addition to ad valorem taxes and recurring governmental service fees levied with such taxes,or by an owners' association in addition to any regular assessment(dues), either of which may be a lien against the Property. NOTE: Buyer's and Seller's respective responsibilities for the payment of Special Assessments are addressed in paragraphs 6(a) and 8(1). 2.FIXTURES AND EXCLUSIONS: WARNING:THE PARTIES SHOULD NOT ASSUME THAT AN ITEM WILL OR WILL NOT BE INCLUDED IN THE SALE BASED ON AN ORAL OR WRITTEN STATEMENT OR UNDERSTANDING THAT IS NOT A PART OF THIS CONTRACT. BUYER AND SELLER SHOULD BE SPECIFIC WHEN NEGOTIATING WHAT ITEMS WILL BE INCLUDED OR EXCLUDED FROM THE SALE. (a)Fixtures Are Included in Purchase Price:ALL EXISTING FIXTURES ARE INCLUDED IN THE SALE AS PART OF THE PURCHASE PRICE,FREE OF LIENS,UNLESS EXCLUDED IN SUBPARAGRAPHS(d)OR(e). [THIS SPACE INTENTIONALLY LEFT BLANK] RECEIVED AUG 0 8 2024 DCM-MHD CITY Page 3 of 17 STANDARD FORM 2-T Revised 7/2023 Buyer's initials `�' 6W Seller's initials� 07/2023 dotloop signature verification:dtlp.us/yCng-dpNa-iEWU> Authentisi ID:EBF0B60C-053F-EF11-86D4-6045BDE 834 i)Specified Items:Buyer an Sel er agree that the following items,if present on the Property on the date of the offer,shall be included in the sale as part of the Purchase Price free of liens,unless excluded in subparagraphs(d)or(e)below.ALL ITEMS LISTED BELOW INCLUDE BOTH TRADITIONAL AND "SMART" VERSIONS AND ANY EXCLUSIVELY DEDICATED, RELATED EQUIPMENT AND/OR REMOTE CONTROL DEVICES. • Alarm and security systems(attached)for security,fire, . Mailboxes;mounted package and newspaper receptacles smoke,carbon monoxide or other toxins with all related • Mirrors attached to walls, ceilings, cabinets or doors; all access codes,sensors,cameras,dedicated monitors,hard bathroom wall mirrors drives, video recorders, power supplies and cables; . Storage shed;utility building doorbells/chimes • Swimming pools; spas; hot tubs (excluding inflatable • All stoves/ranges/ovens; built-in appliances; attached pools,spas,and hot tubs) microwave oven;vent hood • Solar electric and solar water heating systems • Antennas;satellite dishes and receivers • Sump-pumps, radon fans and crawlspace ventilators; de- • Basketball goals and play equipment (permanently humidifiers that are permanently wired attached or in-ground) • Surface-mounting brackets for television and speakers; • Ceiling and wall-attached fans; light fixtures(including recess-mounted speakers;mounted intercom system existing bulbs) • Thermostats • Exercise equipment/devices that are attached . Water supply equipment, including filters, conditioning • Fireplace insert; gas logs or starters; attached fireplace and softener systems; re-circulating pumps; well pumps screens;wood or coal stoves and tanks • Floor coverings(attached) • Window/Door blinds and shades,curtain/drapery rods and • Garage door openers brackets,door and window screens and combination doors, • Generators that are permanently wired awnings and storm windows • Invisible fencing with power supply • Landscape and outdoor trees and plants (except in moveable containers); raised garden; landscape and foundation lighting; outdoor sound systems; permanent irrigation systems;rain barrels;landscape water features; (c) Unpairing/deleting data from devices: Prior to Closing, Seller shall "unpair" any devices that will convey from any personal property devices(hubs,intelligent virtual assistants,mobile devices,vehicles,etc.)with which they are paired,delete personal data from any devices that will convey,and restore all devices to factory default settings unless otherwise agreed. Seller's obligations under this paragraph 2(c)shall survive Closing. NOTE: ANY FIXTURE OR OTHER ITEM DESCRIBED IN SUBPARAGRAPHS(a)AND(b)THAT WILL NOT BE A PART OF THE SALE SHOULD BE IDENTIFIED IN SUBPARAGRAPHS(d)OR(e),AS APPLICABLE. (d)Items Leased or Not Owned: Any item which is leased or not owned by Seller, such as antennas, satellite dishes and receivers, appliances,and alarm and security systems must be identified here and shall not convey: /A In addition,any leased fueltank identified in paragraph 7 shall not convey. (e)Other Items That Do Not Convey:The following items shall not convey(identify those items to be excluded under subparagraphs (a)and(b)): /A Seller must repair any damage caused by removal of any items excluded above in a good and workmanlike manner. Seller will notify Buyer upon completion of such repair(s)and provide Buyer with documentation thereof,if any. NOTE:Buyer is advised to consider attaching the Additional Provisions Addendum(Form 2A 11-T)if Buyer has a specific request as to how the repairs should be completed. RECEIVED AUG 0 8 2024 Page 4 of 17 STANDARD FORM 2-T C -uy H D C( �� Revised 7/2023 Buyer's initials a a 1flee �' Seller s initials 07/2023 dotloop signature verification:dtlpp.us/yCng-dpNa-iEWU? Authentisi n ID:EBFOB -053F-EF11 D4-0 BDEF834A .PERSONAL PR�PEK�I'Y: The following personal property present on the Property on the date of the offer shall be transferred to Buyer at closing at no value: ppliances as viewed 07JUL2024 and blue kayak in yard NOTE: ANY PERSONAL PROPERTY THAT WILL BE A PART OF THE SALE SHOULD BE IDENTIFIED IN THIS PARAGRAPH. Buyer is advised to consult with Buyer's lender to assure that the Personal Property items listed above can be included in this Contract. 4.BUYER'S DUE DILIGENCE PROCESS: WARNING: BUYER IS STRONGLY ENCOURAGED TO CONDUCT DUE DILIGENCE DURING THE DUE DILIGENCE PERIOD. If Buyer is not satisfied with the results or progress of Buyer's Due Diligence,Buyer should terminate this Contract,PRIOR TO THE EXPIRATION OF THE DUE DILIGENCE PERIOD,unless Buyer can obtain a written extension from Seller. SELLER IS NOT OBLIGATED TO GRANT AN EXTENSION. Although Buyer may continue to investigate the Property following the expiration of the Due Diligence Period,Buyer's failure to deliver a Termination Notice to Seller prior to the expiration of the Due Diligence Period will constitute a waiver by Buyer of any right to terminate this Contract based on any matter relating to Buyer's Due Diligence. Provided however, following the Due Diligence Period, Buyer may still exercise a right to terminate if Seller fails to materially comply with any of Seller's obligations under Paragraph 8 of this Contract or for any other reason permitted under the terms of this Contract or North Carolina law. (a)Loan:Buyer,at Buyer's expense,shall be entitled to pursue qualification for and approval of the Loan if any. NOTE: There is no loan or appraisal contingency in this Offer To Purchase and Contract.Therefore,Buyer is advised to consult with Buyer's lender prior to signing this offer to assure that the Due Diligence Period allows sufficient time for the loan process and for Buyer's lender to provide Buyer sufficient information to decide whether to proceed with or terminate the transaction. (b)Property Investigation:Buyer or Buyer's agents or representatives,at Buyer's expense,shall be entitled to conduct all desired tests, surveys,appraisals, investigations, examinations and inspections of the Property as Buyer deems appropriate, including but NOT limited to the following: (i)Inspections:Inspections to determine the condition of any improvements on the Property,the presence of unusual drainage conditions or evidence of excessive moisture adversely affecting any improvements on the Property,the presence of asbestos or existing environmental contamination,evidence of wood-destroying insects or damage therefrom,and the presence and level of radon gas on the Property. (ii)Review of Documents: Review of the Declaration of Restrictive Covenants,Bylaws,Articles of Incorporation,Rules and Regulations,and other governing documents of any applicable owners'association and/or subdivision.If the Property is subject to regulation by an owners' association,it is recommended that Buyer review the completed Residential Property and Owners' Association Disclosure Statement provided by Seller prior to signing this offer.It is also recommended that the Buyer determine if the owners' association or its management company charges fees for providing information required by Buyer's lender or confirming restrictive covenant compliance. (iii)Insurance:Investigation of the availability and cost of insurance for the Property. (iv)Appraisals:An appraisal of the Property. (v) Survey: A survey to determine whether the property is suitable for Buyer's intended use and the location of easements, setbacks,property boundaries and other issues which may or may not constitute title defects. (vi)Zoning,Governmental Regulation,and Governmental Compliance:Investigation of current or proposed zoning or other governmental regulation that may affect Buyer's intended use of the Property, adjacent land uses,planned or proposed road construction, and school attendance zones; and investigation of whether the Property is in violation of any law, ordinance, permit,or government regulation as outlined in paragraph 8(h). (vii)Flood Hazard:Investigation of potential flood hazards on the Property,and/or any requirement to purchase flood insurance in order to obtain the Loan (viii) Utilities and Access: Availability, quality, and obligations for maintenance of utilities including water, sewer, electric, gas,communication services,stormwater management,and means of access to the Property and amenities. (ix)Streets/Roads:Investigation of the status of the street/road upon which the Property fronts as well as any other street/road used to access the Property,including: (1)whether any street(s)/road(s)are public or private,(2)whether any street(s)/road(s) designated as public are accepted for maintenance by the State of NC or any municipality,or(3)if private or not accepted for public maintenance, the consequences and responsibility for maintenance and the existence, terms and funding of any 1�ittit�tet��gepts. Page 5 of 17 AUG 0 8 2024 � STANDARD FORM 2-T Bu er's initials A : Seller's initials /,(' �� Revised 7/2023 ACM-MHD CIT ©7no23 dotloop signature verification:dtip.us/yfng-dpNa-iEWU? Authentisign ID:EM 60C 53F-EF11-86D4-6045BDEF834A x) pecial Assessments: Investigation of the existence of Special Assessments that may be under consideration by a governmental authority or an owners'association. (c) Sale/Lease of Existing Property: As noted in paragraph 5(b),unless otherwise provided in an addendum,this Contract is not conditioned upon the sale/lease or closing of other property owned by Buyer.Therefore,if Buyer must sell or lease other real property in order to qualify for a new loan or to otherwise complete the purchase of the Property,Buyer should seek to close on Buyer's other property prior to the end of the Due Diligence Period or be reasonably satisfied that closing on Buyer's other property will take place prior to the Settlement Date of this Contract. (d)Repair/Improvement Negotiations/Agreement:Buyer acknowledges and understands the following: • Unless the parties agree otherwise,THE PROPERTY IS BEING SOLD IN ITS CURRENT CONDITION. • Seller may,but is not required to,engage in negotiations for repairs/improvements to the Property. Buyer is advised to make any repair/improvement requests in sufficient time to allow negotiations to be concluded prior to the expiration of the Due Diligence Period. Any agreement that the parties may reach with respect to repairs/improvements is an addition to this Contract that must be in writing and signed by the parties in accordance with Paragraph 19. NOTE: See Paragraph 8(c),Access to Property and Paragraph 8(n),Negotiated Repairs/Improvements. (e)Buyer's Obligation to Repair Damage:Buyer shall,at Buyer's expense,promptly repair any damage to the Property resulting from any activities of Buyer and Buyer's agents and contractors, but Buyer shall not be responsible for any damage caused by accepted practices either approved by the N.C.Home Inspector Licensure Board or applicable to any other N.C.licensed professional performing reasonable appraisals,tests,surveys,examinations and inspections of the Property. This repair obligation shall survive any termination of this Contract. (f)Indemnity:Buyer will indemnify and hold Seller harmless from all loss,damage,claims,suits or costs,which shall arise out of any contract,agreement,or injury to any person or property as a result of any activities of Buyer and Buyer's agents and contractors relating to the Property except for any loss,damage,claim,suit or cost arising out of pre-existing conditions of the Property and/or out of Seller's negligence or willful acts or omissions.This indemnity shall survive this Contract and any termination hereof. (g)Buyer's Right to Terminate:Provided that Buyer has delivered any agreed-upon Due Diligence Fee,Buyer shall have the right to terminate this Contract for any reason or no reason,by delivering to Seller written notice of termination(the"Termination Notice") during the Due Diligence Period (or any agreed-upon written extension of the Due Diligence Period), TIME BEING OF THE ESSENCE. If Buyer timely delivers the Termination Notice,this Contract shall be terminated and the Earnest Money Deposit shall be refunded to Buyer. (h) CLOSING SHALL CONSTITUTE ACCEPTANCE OF THE PROPERTY IN ITS THEN EXISTING CONDITION UNLESS PROVISION IS OTHERWISE MADE IN WRITING. 5.BUYER REPRESENTATIONS: (a)Funds to complete purchase: ®(Check if applicable)Cash.Buyer intends to pay cash in order to purchase the Property and does not intend to obtain a loan or funds from sources other than Buyer's own assets.Verification of cash available for Settlement❑is®is not attached. NOTE:If Buyer does not intend to obtain a new loan(s)and/or funds from sources other than Buyer's own assets,Seller is advised, prior to signing this offer,to obtain documentation from Buyer which demonstrates that Buyer will be able to close on the Property without the necessity of obtaining a loan or funds from sources other than Buyer's own assets. OR: ❑(Check if applicable)Loans)/Other Funds:Buyer intends to obtain a loan(s)and/or other funds to purchase the Property from the following sources(check all applicable sources): ❑First Mortgage Loan: Buyer intends to obtain a first mortgage loan of the following type in order to purchase the Property: ❑FHA ❑VA(attach FHA/VA Financing Addendum)❑Conventional❑USDA❑Other type:. in the principal amount of plus any financed VA Funding Fee or FHA MIP. [3 Second Mortgage Loan: �3 ^iRd$ �obtain a second mortgage loan of the following type in order to purchase the Property: t lr Page 6 of 17 AUG 0 8 2024 STANDARD FORM 2-T Bu er's initials `' Seller's initials V]� Revised 7/2023 DCM49D CIT o ©7/2023 dotloop signature verification:dt1p.us/yCng-dpNa-iEWU� Authentisign ID:EBFOB60C-053F-EF11-86D4-6045BDEF834A Other funds: Buyer intends to obtain funds from the following other source(s)in order to purchase the Property: NOTE: Buyer's obligations under this Contract are not conditioned upon obtaining any loan(s)or other funds from sources other than Buyer's own assets. Some mortgage loan programs and other programs providing funds for the purchase of property selected by Buyer may impose repair obligations and/or additional conditions or costs upon Seller or Buyer,and more information may be needed. Material changes with respect to funding the purchase of the Property that affect the terms of the contract are material facts that must be disclosed. (b)Other Property:Buyer❑DOES®DOES NOT have to sell or lease other real property in order to qualify for a new loan or to complete the purchase.(Complete the following only if Buyer DOES have to sell or lease other real property:) Other Property Address: ❑(Check if applicable)Buyer's other property IS under contract as of the date of this offer, and a copy of the contract has either been previously provided to Seller or accompanies this offer.(Buyer may mark out any confidential information,such as the purchase price and the buyer's identity,prior to providing a copy of the contract to Seller.)Failure to provide a copy of the contract shall not prevent this offer from becoming a binding contract; however, SELLER IS STRONGLY ENCOURAGED TO OBTAIN AND REVIEW THE CONTRACT ON BUYER'S PROPERTY PRIOR TO ACCEPTING THIS OFFER. ❑(Check if applicable)Buyer's other property IS NOT under contract as of the date of this offer. Buyer's property(check only ONE of the following options): ❑is listed with and actively marketed by a licensed real estate broker. ❑will be listed with and actively marketed by a licensed real estate broker. ❑Buyer is attempting to sell/lease the Buyer's Property without the assistance of a licensed real estate broker. NOTE:This Contract is NOT conditioned upon the sale/lease or closing of Buyer's other property.If the parties agree to make this Contract conditioned on a sale/lease or closing of Buyer's other property,an appropriate contingency addendum should be drafted by a North Carolina real estate attorney and added to this Contract. (c) Performance of Buyer's Financial Obligations: To the best of Buyer's knowledge, there are no other circumstances or conditions existing as of the date of this offer that would prohibit Buyer from performing Buyer's financial obligations in accordance with this Contract,except as may be specifically set forth herein. (d)Residential Property and Owners'Association Disclosure Statement(check only one): ® Buyer has received a signed copy of the N.C.Residential Property and Owners'Association Disclosure Statement prior to making this offer and acknowledges compliance with N.C.G.S.47E-5(Residential Property Disclosure Act). ❑ Buyer has NOT received a signed copy of the N.C.Residential Property and Owners'Association Disclosure Statement prior to making this offer and shall have the right to terminate or withdraw this Contract without penalty(including a refund of any Due Diligence Fee) prior to WHICHEVER OF THE FOLLOWING EVENTS OCCURS FIRST:(1)the end of the third calendar day following receipt of the Disclosure Statement;(2)the end of the third calendar day following the Effective Date;or(3)Settlement or occupancy by Buyer in the case of a sale or exchange. ❑ Exempt from N.C. Residential Property and Owners' Association Disclosure Statement because (SEE GUIDELINES):_ (e)Mineral and Oil and Gas Rights Mandatory Disclosure Statement(check only one): ® Buyer has received a signed copy of the N.C.Mineral and Oil and Gas Rights Mandatory Disclosure Statement prior to making this offer and acknowledges compliance with N.C.G.S.47E-5(Residential Property Disclosure Act). ❑ Buyer has NOT received a signed copy of the N.C. Mineral and Oil and Gas Rights Mandatory Disclosure Statement prior to making this offer and shall have the right to terminate or withdraw this Contract without penalty(including a refund of any Due Diligence Fee) prior to WHICHEVER OF THE FOLLOWING EVENTS OCCURS FIRST:(1)the end of the third calendar day following receipt of the Disclosure Statement;(2)the end of the third calendar day following the Effective Date;or(3)Settlement or occupancy by Buyer in the case of a sale or exchange. ❑ Exempt from N.C.Mineral and Oil and Gas Rights Mandatory Disclosure Statement because(SEE GUIDELINES): RECEIVED Page 7of17 , STANDARD FORM 2-T Q U B �j Revised 7/2023 uyerO 8's inniials Seller's initials ©7/2023 DCM-MHD CITY--'- dotloop signature verification:dtlp.usiyCng-dpNa-iEWU! Authentisign ID:EBF0B60C-053F-EF11-86D4.6045BDEF834A Buyer's receipt of a Mineral and Oil and Gas Rights Mandatory Disclosure Statement does not modify or limit the obligations of Seller under Paragraph 8(g)of this Contract and shall not constitute the assumption or approval by Buyer of any severance of mineral and/or oil and gas rights,except as may be assumed or specifically approved by Buyer in writing. FNOTE:The parties are advised to consult with a NC attorney prior to signing this Contract if severance of mineral and/or oil and gas rights has occurred. 6.BUYER OBLIGATIONS: (a)Responsibility for Special Assessments:Buyer shall take title subject to all Special Assessments that may be approved following Settlement. (b)Responsibility for Certain Costs:Buyer shall be responsible for all costs with respect to: (i)any loan obtained by Buyer; (ii)charges by an owners' association or a management company/vendor as agent of the association under paragraph 9(b)of this Contract; (iii)appraisal; (iv) title search; (v)title insurance; (vi) any fees charged by the closing attorney for the preparation of the Closing Disclosure, Seller Disclosure and any other settlement statement; (vii)recording the deed;and (viii)preparation and recording of all instruments required to secure the balance of the Purchase Price unpaid at Settlement. (c) Authorization to Disclose Information: Buyer authorizes the Buyer's lender(s), the parties' real estate agent(s) and closing attorney: (1)to provide this Contract to any appraiser employed by Buyer or by Buyer's lender(s); and(2)to release and disclose any buyer's closing disclosure,settlement statement and/or disbursement summary,or any information therein,to the parties to this transaction,their real estate agent(s)and Buyer's lender(s). 7.SELLER REPRESENTATIONS: (a)Ownership:Seller represents that Seller: ®has owned the Property for at least one year. ❑has owned the Property for less than one year. ❑does not yet own the Property. ()lb Lead-Based Paint(check if applicable): The Property is residential and was built prior to 1978 (Attach Lead-Based Paint or Lead-Based Paint Hazards Disclosure Addendum (Standard Form 2A9-T)). WARNING:IF A LEAD-BASED PAINT DISCLOSURE IS REQUIRED BUT NOT GIVEN TO BUYER PRIOR TO SELLER'S ACCEPTANCE OF THIS OFFER,BUYER MAY NOT BE OBLIGATED TO PURCHASE THE PROPERTY UNDER THIS CONTRACT UNDER FEDERAL LAW. (c) Owners' Association(s) and Dues: Seller authorizes and directs any owners' association, any management company of the owners'association,any insurance company and any attorney who has previously represented the Seller to release to Buyer,Buyer's agents,representative, closing attorney or lender true and accurate copies of the following items affecting the Property, including any amendments: • Seller's statement of account • master insurance policy showing the coverage provided and the deductible amount • Declaration and Restrictive Covenants • Rules and Regulations • Articles of Incorporation • Bylaws of the owners'association • current financial statement and budget of the owners'association • parking restrictions and information • architectural guidelines ®(specify name of association):Sound View POA whose regular assessments("dues")are$600 peryear .The name,address and telephone number of the president of the owners'association or the association manager is:252-363-8084 RECEIVED Page 8of17 STANDARD FORM 2-T Revised 7/2023 AU`rr 49,sa� ItE�]Seller's&ls initialsR)F] 07/2023 DCM-MHD CITY dotloop signature verification:dt1p.us/yCng-dpNa4EWUe Authentisign ID:EBFOB60C-053F-EF11-88D4-6045BDEF834A Owners' association website address,if any: ❑ (specify name of association): whose regular assessments("dues")are$. per The name,address and telephone number of the president of the owners'association or the association manager is: Owners'association website address,if any_ (d) Fuel Tank(s)/Fuel: To the best of Seller's knowledge,there ❑is ®is not a fuel tank(s) located on the Property. If`yes" complete the following: (i)Description: ❑Tank 1: • Use:❑currently in use❑currently NOT in use • Ownership:❑owned❑leased. If leased,name and contact information of tank lessor: • Location:0 above ground 0 below ground • Type of fuel:❑oil❑propane❑gasoline and/or diesel❑other: • Name and contact information of fuel vendor: ❑Tank 2: • Use:❑currently in use❑currently NOT in use • Ownership:❑owned❑leased. If leased,name and contact information of tank lessor: • Location:❑above ground❑below ground • Type of fuel:❑oil❑propane❑gasoline and/or diesel ❑other: • Name and contact information of fuel vendor: (ii) Tank(s)included in sale:Buyer and Seller agree that any tank described above that is owned by Seller shall be included in the sale as part of the Purchase Price free of liens,unless excluded in paragraph 2(e)above. (iii) Fuel: Seller may use fuel in the tank(s)described above through Settlement, but may not otherwise remove the fuel or resell it.Any fuel remaining in the tank(s)as of Settlement shall be included in the sale as part of the Purchase Price,free of liens. • Seller's use of fuel in any fuel tank is subject to Seller's obligation under Paragraph 8(c)to provide working, existing utilities through the earlier of Closing or possession by Buyer. NOTE:Buyer shall be entitled to conduct inspections to confirm the existence,type and ownership of any fuel tank located on the Property.Buyer is advised to consult with the owner of any leased fuel tank regarding the terms under which Buyer may lease the tank and obtain fuel. NOTE: State law provides that it is unlawful for any person,other than the supplier or the owner of a fuel supply tank,to disconnect, interrupt or fill the supply tank with liquefied petroleum gas (LP gas or propane) without the consent of the supplier. (e)Leases.The Property❑is®is not subject to any lease(s).If the Property is subject to a lease,Buyer and Seller should include either the Rental/Income/Investment Property provision in the Additional Provisions Addendum (Standard Form 2AI I-T)or the Vacation Rental Addendum(Form 2A13-T)with this offer. 8.SELLER OBLIGATIONS: (a)Evidence of Title,Payoff Statement(s)and Non Foreign Status: (i)Seller agrees to use best efforts to provide to the closing attorney as soon as reasonably possible after the Effective Date, copies of all title information in possession of or available to Seller, including but not limited to: title insurance policies, attorney's opinions on title,surveys,covenants,deeds,notes and deeds of trust,leases,and easements relating to the Property. (ii) Seller shall provide to the closing attorney all information needed to obtain a written payoff statement from any lender(s) regarding any security interest in the Property as soon as reasonably possible after the Effective Date,and Seller designates the closing attorney as Seller's agent with express authority to request and obtain on Seller's behalf payoff statements and/or short- pay statements from any such lender(s). (iii)If Seller is not a foreign person as defined by the Foreign Investment in Real Property Tax Act,Seller shall also provide to the closing attorney a non-foreign status certification(pursuant to the Foreign Investment in Real Property Tax Act).In the event Seller does not provide a non-foreign status certification,Seller acknowledges that there may be withholding as provided RECEIVED Page 9of17 STANDARD FORM 2-T A U G 0 8 2024 (- Revised 7/2023 Buyer's initials Seller's initials�.Lz.�l ©7/2023 DCM-MHD CITY 5.. as dotloop signature verification:dtlp.us/yCng-dpNa-iEWU! Authentisign ID:EBFOB60C 53F-EF11-86D4 5BDEF834 by t�te Internal Revenue Mode. (b)Authorization to Disclose Information:Seller authorizes:(i)any attorney presently or previously representing Seller to release and disclose any title insurance policy in such attorney's file to Buyer and both Buyer's and Seller's agents and attorneys; (ii)the Property's title insurer or its agent to release and disclose all materials in the Property's title insurer's(or title insurer's agent's)file to Buyer and both Buyer's and Seller's agents and attorneys and(iii)the closing attorney to release and disclose any seller's closing disclosure,settlement statement and/or disbursement summary,or any information therein,to the parties to this transaction,their real estate agent(s)and Buyer's lender(s). (c)Access to Property:Seller shall provide reasonable access to the Property through the earlier of Closing or possession by Buyer, including,but not limited to,allowing Buyer and/or Buyer's agents or representatives,an opportunity to(i)conduct Due Diligence, (ii)verify the satisfactory completion of negotiated repairs/improvements, and(iii) conduct a final walk-through inspection of the Property. Seller's obligation includes providing existing utilities operating at Seller's cost, including any connections and de- winterizing. NOTE: See WARNING in paragraph 4 above for limitation on Buyer's right to terminate this Contract as a result of Buyer's continued investigation of the Property following the expiration of the Due Diligence Period. (d)Removal of Seller's Property: Seller shall remove, by the date possession is made available to Buyer, all personal property which is not a part of the purchase and all garbage and debris from the Property. (e)Affidavit and Indemnification Agreement: Seller shall furnish at Settlement an affidavit(s)and indemnification agreement(s) in form satisfactory to Buyer and Buyer's title insurer, if any,executed by Seller and any person or entity who has performed or furnished labor,services,materials or rental equipment to the Property within 120 days prior to the date of Settlement and who may be entitled to claim a lien against the Property as described in N.C.G.S. §44A-8 verifying that each such person or entity has been paid in full and agreeing to indemnify Buyer, Buyer's lender(s)and Buyer's title insurer against all loss from any cause or claim arising therefrom. (f)Designation of Lien Agent,Payment and Satisfaction of Liens:If required by N.C.G.S.§44A-11.1,Seller shall have designated a Lien Agent,and Seller shall deliver to Buyer as soon as reasonably possible a copy of the appointment of Lien Agent.All deeds of trust,deferred ad valorem taxes,liens and other charges against the Property,not assumed by Buyer,must be paid and satisfied by Seller prior to or at Settlement such that cancellation may be promptly obtained following Closing. Seller shall remain obligated to obtain any such cancellations following Closing. (g)Good Title,Legal Access: Seller shall execute and deliver a GENERAL WARRANTY DEED for the Property in recordable form no later than Settlement,which shall convey fee simple marketable and insurable title,without exception for mechanics'liens, lis pendens,monetary liens and judgments,and free of other encumbrances or defects that would materially affect the value of the Property,including those which would be revealed by a current and accurate survey of the Property,except:(1)ad valorem taxes for the current year; (2)utility easements and unviolated covenants, conditions or restrictions; and(3)such other liens,encumbrances or defects as may be specifically approved by Buyer in writing.The Property must have legal access to a public right of way. NOTE:Buyer's failure to conduct a survey or examine title of the Property,prior to the expiration of the Due Diligence Period does not relieve the Seller of their obligation to deliver good title under this paragraph. NOTE:If any sale of the Property may be a"short sale,"consideration should be given to attaching a Short Sale Addendum (Standard Form 2A14-T)as an addendum to this Contract. (h)Governmental Compliance: It is a condition of this Contract that the Property be conveyed free of any material violation of law,ordinance,permit,or government regulation(including,but not limited to,those relating to building,stormwater, impervious surface,environmental protection,and zoning),unless Seller has specifically disclosed such violation(s)prior to the Effective Date. If a violation is discovered and identified after the Effective Date and prior to Closing,then Seller may cure the violation(s).Unless otherwise agreed, if Seller does not cure the violation(s) prior to Closing,then Buyer may choose to accept the violation(s) and proceed to Settlement/Closing or terminate this Contract and receive a refund of the Earnest Money Deposit and the Due Diligence Fee. RECEIVED Page 10 of 17 AUG 0 8 2024O STANDARD FORM 2-T D C M �9 D"+� I F Revised 7/2023 Seller's initials ©7/2023 dotloop signature verification:dt1p.us/yCng-dpNa-iEWU? Authenlisign ID: BF0860C-053F-EF11-S6D4�0458D FB A (i�Deed,Taxes and Fees:Seiler shall pay for preparation of a deed and all other documents necessary to perform Seller's obligations under this Contract,and for state and county excise taxes,and any deferred,discounted or rollback taxes,and local conveyance fees required by law. The deed is to be made to:(i)Buyer;(ii)a corporation,limited liability company,or other business entity of which Buyer is the sole owner or shareholder;(iii)a trust for which Buyer is the beneficiary;(iv)any relative of Buyer;and/or(v)Other: (Insert Name(s)Only)Reid H Cumbo,and wife,Carrie 0 Cumbo;Ralph S Oglesby,and wife,Susan Oglesby 0) Agreement to Pay Buyer Expenses: Seller shall pay at Settlement $-0- toward any of Buyer's expenses associated with the purchase of the Property,at the discretion of Buyer and/or lender,if any,including any FHA/VA lender and inspection costs that Buyer is not permitted to pay. NOTE:Parties should review the FHANA Addendum prior to entering an amount in Paragraph 80).Certain FHANA lender and inspection costs CANNOT be paid by Buyer at Settlement and the amount of these should be included in the blank above. (k)Owners'Association Fees/Charges:Seller shall pay any charges by an owners' association or a management company/vendor as agent of the association under paragraph 9(a)of this Contract. (1) Payment of Special Assessments: Seller shall pay, in full at Settlement, all Special Assessments that are approved prior to Settlement,whether payable in a lump sum or future installments,provided that the amount thereof can be reasonably determined or estimated. The payment of such estimated amount shall be the final payment between the Parties. (m)Late Listing Penalties:All property tax late listing penalties,if any,shall be paid by Seller. (n)Negotiated Repairs/Improvements: Negotiated repairs/improvements shall be made in a good and workmanlike manner and Buyer shall have the right to verify same prior to Settlement. (o)Home Warranty(Select one of the following): ®No home warranty is to be provided by Seller. ❑Buyer may obtain a one-year home warranty at a cost not to exceed $ which includes sales tax and Seller agrees to pay for it at Settlement. ❑Seller has obtained and will provide a one-year home warranty from at a cost of$ which includes sales tax and will pay for it at Settlement. NOTE:Home warranties typically have limitations on and conditions to coverage.Refer specific questions to the home warranty company. (p)Seller's Breach of Contract:See paragraph 23 for Buyer's remedies in the event of breach of this Contract. 9.CHARGES BY OWNERS'ASSOCIATION: Responsibility for payment of charges by an owners' association or a management company/vendor as agent of the association shall be allocated between Buyer and Seller as follows: (a)Seller shall pay: (i)fees incurred by Seller in completing the Residential Property and Owners'Association Disclosure Statement,and resale or other certificates related to a proposed sale of the Property; (ii)fees required for confirming Seller's account payment information on owners'association dues or assessments for payment or proration,including any expedite fee permitted under N.C.Gen.Stat.§47F-3-102 that is charged in connection with providing such information; (iii)any fees charged for transferring or updating ownership records of the association;and (iv)any fees other than those fees specifically required to be paid by Buyer under paragraph 9(b)below. (b)Buyer shall pay: (i)charges for providing information required by Buyer's lender; (ii) charges for working capital contributions,membership fees,or charges imposed for Buyer's use of the common elements and/or services provided to Buyer in connection with Buyer taking possession of the Property,such as"move-in fees";and (iii)charges for determining restrictive covenant compliance. 10.PRORATIONS AND ADJUSTMENTS:Unless otherwise agreed,the following items shall be prorated,with Seller responsible for the prorated amounts of any taxes and dues through the date of Settlement,and Seller entitled to the amount of prorated rents through the date of Settlement,and either adjusted between the parties or paid at Settlement: RECEIVED Page 11of17 W,.w. STANDARD FORM 2-T A U G 0 8 2024 Revised 7/2023 Buyer's initialslt.11�5eller's initials ©7/2023 ��DCM-MHD CITY _-__ dotloopsigna[ureveriFlcatlon.dtl us/yCng-dpNa-iEWU? Authentisign ID: v B60 .053F- 11-88 -8045BDEF834A (� )axes on weal Property:Ad valorem taxes and recurring governmental service fees levied with such taxes on real property shall be prorated on a calendar year basis; (b)Taxes on Personal Property:Ad valorem taxes on personal property for the entire year shall be paid by Seller unless the personal property is conveyed to Buyer,in which case,the personal property taxes shall be prorated on a calendar year basis; (c)Rents:Rents,if any,for the Property; (d)Dues:Owners'association regular assessments(dues)and other like charges. 11.CONDITION OF PROPERTY/RISK OF LOSS: (a) Condition of Property at Settlement: If the Property is not in substantially the same or better condition at Closing as on the date of this offer,reasonable wear and tear excepted,Buyer may terminate this Contract by written notice delivered to Seller and the Due Diligence Fee and Earnest Money Deposit shall be refunded to Buyer.If the Property is not in such condition and Buyer does NOT elect to terminate this Contract, Buyer shall be entitled to receive, in addition to the Property, the proceeds of any insurance claim filed by Seller on account of any damage or destruction to the Property. (b) Risk of Loss:The risk of loss or damage by fire or other casualty prior to Closing shall be upon Seller.Seller is advised not to cancel existing insurance on the Property until after confirming recordation of the deed. 12.DELAY IN SETTLEMENT/CLOSING:This paragraph shall apply if one party is ready,willing and able to complete Settlement on the Settlement Date("Non-Delaying Party")but it is not possible for the other party to complete Settlement by the Settlement Date ("Delaying Party").In such event,the Delaying Party shall be entitled to a delay in Settlement and shall give as much notice as possible to the Non-Delaying Party and closing attorney.If the Delaying Party fails to complete Settlement and Closing within seven(7)days of the Settlement Date(including any amended Settlement Date agreed to in writing by the parties),then the Delaying Party shall be in breach and the Non-Delaying Party may terminate this Contract and shall be entitled to enforce any remedies available to such party under this Contract for the breach. 13. POSSESSION:Possession,including all means of access to the Property and transferable amenities and services(keys including mailbox keys,codes including security codes,garage door openers,electronic devices,etc.),shall be delivered upon Closing as defined in Paragraph 1(m)unless otherwise provided below: ❑A Buyer Possession Before Closing Agreement is attached(Standard Form 2A7-T) ❑A Seller Possession After Closing Agreement is attached(Standard Form 2A8-T) ❑Possession is subject to rights of tenant(s)(Parties should attach either Additional Provisions Addendum(Form 2AI I-T)or Vacation Rental Addendum(Form 2A13-T)) 14.ADDENDA:CHECK ALL STANDARD ADDENDA THAT MAY BE A PART OF THIS CONTRACT,IF ANY,AND ATTACH HERETO.ITEMIZE ALL OTHER ADDENDA TO THIS CONTRACT,IF ANY,AND ATTACH HERETO. ❑Additional Provisions Addendum(Form 2AI I-T) ❑New Construction Addendum(Form 2A3-T) ❑Additional Signatures Addendum(Form 3-T) ❑Owners'Association Disclosure Addendum ❑Back-Up Contract Addendum(Form 2A1-T) (Form 2Al2-T) ❑FHANA Financing Addendum(Form 2A4-T) ❑Seller Financing Addendum(Form 2A5-T) ❑Lead-Based Paint Or Lead-Based Paint Hazard Addendum(Form 2A9-T) ❑Short Sale Addendum(Form 2A14-T) ❑Loan Assumption Addendum(Form 2A6-T) ❑Vacation Rental Addendum(Form 2A 13-T) ❑Identify other attorney or party drafted addenda: NOTE:UNDER NORTH CAROLINA LAW,REAL ESTATE BROKERS ARE NOT PERMITTED TO DRAFT ADDENDA TO THIS CONTRACT. 15. ASSIGNMENTS: This Contract may not be assigned without the written consent of all parties except in connection with a tax- deferred exchange,but if assigned by agreement,then this Contract shall be binding on the assignee and assignee's heirs and successors. 16. TAX-DEFERRED EXCHANGE: In the event Buyer or Seller desires to effect a tax-deferred exchange in connection with the conveyance of the Property,Buyer and Seller agree to cooperate in effecting such exchange;provided,however,that the exchanging party shall be responsible for all additional costs associated with such exchange,and provided further,that a non-exchanging party shall not assume any additional liability with respect to such tax-deferred exchange.Buyer and Seller shall execute such additional documents, RECEIVED Page 12of17 STANDARD FORM 2-T AUG 0 8, �a Revised 7/2023 Buyer s initials [��11�5eller'sinitials initials 07/2023 DCM-MHD CITY - dotloop signature verification:dtip.us/yCng-dpNa-iEWU? Authentisign ID:E F0860C-0¢3F-EF11-86 5B EF834A including assignment o t is ontract in connection therewith,at no cost to the non-exchanging party,as shall be required to give effect to this provision. 17. PARTIES: This Contract shall be binding upon and shall inure to the benefit of Buyer and Seller and their respective heirs, successors and assigns. As used herein, words in the singular include the plural and the masculine includes the feminine and neuter genders,as appropriate. 18. SURVIVAL: If any provision herein contained which by its nature and effect is required to be observed,kept or performed after the Closing,it shall survive the Closing and remain binding upon and for the benefit of the parties hereto until fully observed,kept or performed. 19. ENTIRE AGREEMENT/RECORDATION: This Contract contains the entire agreement of the parties and there are no representations,inducements or other provisions other than those expressed herein.All changes,additions or deletions hereto must be in writing and signed by all parties.Nothing contained herein shall alter any agreement between a REALTOR'or broker and Seller or Buyer as contained in any listing agreement,buyer agency agreement,or any other agency agreement between them. This Agreement or any memorandum thereof shall not be recorded without the express written consent of Buyer and Seller. 20.CONDUCT OF TRANSACTION:The parties agree that any action between them relating to the transaction contemplated by this Contract may be conducted by electronic means, including the signing of this Contract by one or more of them and any notice or communication given in connection with this Contract. Any written notice or communication may be transmitted to any mailing address, e-mail address or fax number set forth in the"Notice Information"section below. Any notice or communication to be given to a party herein, and any fee, deposit or other payment to be delivered to a party herein, may be given to the party or to such parry's agent. Delivery of any notice to a party via means of electronic transmission shall be deemed complete at such time as the sender performs the final act to send such transmission, in a form capable of being processed by the receiving parry's system, to any electronic address provided for such party in the "Notice Information" section below. Seller and Buyer agree that the "Notice Information" and "Acknowledgment of Receipt of Monies"sections below shall not constitute a material part of this Contract, and that the addition or modification of any information therein shall not constitute a rejection of an offer or the creation of a counteroffer. 21.EXECUTION:This Contract may be signed in multiple originals or counterparts,all of which together constitute one and the same instrument. 22. COMPUTATION OF DAYS/TIME OF DAY:Unless otherwise provided, for purposes of this Contract,the term"days" shall mean consecutive calendar days,including Saturdays,Sundays,and holidays,whether federal,state,local or religious.For the purposes of calculating days,the count of"days"shall begin on the day following the day upon which any act or notice as provided in this Contract was required to be performed or made. Any reference to a date or time of day shall refer to the date and/or time of day in the State of North Carolina. 23. REMEDIES: (a)Breach by Buyer:In the event of material breach of this Contract by Buyer,Seller shall be entitled to any Earnest Money Deposit. The payment of any Earnest Money Deposit and any Due Diligence Fee to Seller (without regard to their respective amounts, including zero)together shall serve as liquidated damages("Liquidated Damages") and as Seller's sole and exclusive remedy for such breach,provided that such Liquidated Damages shall not limit Seller's rights under Paragraphs 4(e)and 4(f)for damage to the Property as well as Seller's rights under paragraph 1(d)for dishonored funds. It is acknowledged by the parties that the amount of the Liquidated Damages is compensatory and not punitive,such amount being a reasonable estimation of the actual loss that Seller would incur as a result of a breach of this Contract by Buyer.The payment to Seller of the Liquidated Damages shall not constitute a penalty or forfeiture but actual compensation for Seller's anticipated loss,both parties acknowledging the difficulty of determining Seller's actual damages for such breach (b)Breach by Seller: In the event of material breach of this Contract by Seller,Buyer may(i)elect to terminate this Contract as a result of such breach,and shall be entitled to return of both the Earnest Money Deposit and the Due Diligence Fee,together with the reasonable costs actually incurred by Buyer in connection with Buyer's Due Diligence("Due Diligence Costs"),or(ii)elect not to terminate and instead treat this Contract as remaining in full force and effect and seek the remedy of specific performance. (c)Attorneys'Fees:If legal proceedings are brought by Buyer or Seller against the other to collect the Earnest Money Deposit,Due Diligence Fee, or Due Diligence Costs, the parties agree that a party shall be entitled to recover reasonable attorneys' fees to the extent permitted under N.C. Gen. Stat. § 6-21.2, and if applicable, N.C. Gen. Stat. § 6-21.3 for dishonored funds. The parties acknowledge and agree that the terms of this Contract with respect to entitlement to the Earnest Money Deposit,Due Diligence Fee, or Due Diligence Costs each constitute an"evidence of indebtedness"pursuant to N.C.Gen.Stat.§6-21.2. RECEIVED Page 13of17 STANDARD FORM 2-T AUG 0 2024 Revised 7/2023 Buyer's initials " Gv Seller's initials 07/2023 DCM-MHD CITY-­ �� dotloop signature verification:c1t1p.us/yCng-c1pNa-iEWUe Authentisign ID:EBFOB600-053F-EF11-86D4-6045BDEF834A Fh OTE: A party seeking recovery of attorneys' fees under N.C.Gen. Stat. § 6-21.2 must first give written notice to the other party at they have five(5)days from the mailing of the notice to pay the outstanding amount(s)without the attorneys'fees. THE NORTH CAROLINA ASSOCIATION OF REALTORS®,INC.AND THE NORTH CAROLINA BAR ASSOCIATION MAKE NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN ANY SPECIFIC TRANSACTION. IF YOU DO NOT UNDERSTAND THIS FORM OR FEEL THAT IT DOES NOT PROVIDE FOR YOUR LEGAL NEEDS,YOU SHOULD CONSULT A NORTH CAROLINA REAL ESTATE ATTORNEY BEFORE YOU SIGN IT. This offer shall become a binding contract on the Effective Date.Unless specifically provided otherwise,Buyer's failure to timely deliver any fee, deposit or other payment provided for herein shall not prevent this offer from becoming a binding contract, provided that any such failure shall give Seller certain rights to terminate the contract as described herein or as otherwise permitted by law. 07/10/24 Date:07/09/2024 Date: / Buyer: `���`� GPLL-0A8°poa B Seller: a/e UTA$1;q Date:07/09/2024 Date: y ��7hLG�� d,/091243:0 P B t.t ye XB R97MOM-MI "M Seller: Entity Buyer: Entity Seller: (Name of LLC/Corporation/Partnership/Trust/etc.) (Name of LLC/Corporation/Partnership/Trust/etc.) By I By: Name: Name: Print Name Print Name Title: Title: Date: Date: RECEIVED Page 14of 17 STANDARD FORM 2-T Revised 7/2023 AUG 0 8 2024 07/2023 DCM-MHD CITY