44A_ROSCANS_2007

TRANSFER MADE ON RECORD
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2007670635
HAYWOOD CO, NC FEE $20.00
STATE OF NC REAL ESTATE EXTX
$858.00
PRESENTED-ECORDED:
12-12-2007 03:28:43 PM
AMY R. MURRAY
REGISTER OF DEEDS
BY. DEB SCHAFFER
DEPUTY
BK: RB 723
PG: 2240-2242
�jj NORTH CAROLINA GENERAL WARRANTY DEED
Excise Tax:
Parcel Identifier No. S641- 91- 9015 Verified by County on the day of 20_
Mail/Box to:
This instrument was prepared by: C. CALEB DECKER. Attorney at Law
Brief description for the
THIS DEED made this 12.11ay of-1/ C-(. t; t'l st t?- 20_a, by and between
GRANTOR
PINNACLE CHURCH, INC. a North Carolina Corporation
90 MAIN STREET
CANTON NC 28716
GRANTEE
BLUE RIDGE PAPER PR DUCTS INC.
535a (L C. * boo
kvlrm-Phir,s TN •KgI10i
Enter in appropriate block for each party: name, address, and, if appropriate, character of entity, e.g. corporation or partnership.
The designation Grantor and Grantee as used herein shall include said parties, their heirs, successors, and assigns, and shall include
singular, plural, masculine, feminine or neuter as required by context.
WITNESSETH, that the Grantor, for a valuable consideration paid by the Grantee, the receipt ofwhich is hereby acknowledged, has and
by these presents does grant, bargain, sell and convey unto the Grantee in fee simple, all that certain lot or parcel of land situated in the
City of CANTON, BEAVERDAM Township, HAYWOOD County, North Carolina and more particularly described as follows:
SEE ATTACHED EXHIBIT "A"
The property hereinabove described was acquired by Grantor by instrument recorded in Book 681 page 1587
A map showing the above described property is recorded in Plat Book Map Cabinet C, Page 5133
NC Bar Association Form No. 3 © 1976, Revised © 1977, 2002
Printed by Agreement with the NC Bar Association - 1981 - Chicago Title Insurance Company

TO HAVE AND TO HOLD the aforesaid lot or parcel of land and all privileges and appurtenances thereto belonging to the Grantee in
fee simple.
And the Grantor covenants with the Grantee, that Grantor is seized of the premises in fee simple, has the right to convey the same in fee
simple, that title is marketable and free and clear of all encumbrances, and that Grantor will warrant and defend the title against the
lawful claims of all persons whomsoever, other than the following exceptions:
IN WITNESS WHEREOF, the Grantor has duly executed the foregoing as of the day and year first above written.
Pinnacle Church Inc.
(Entity Name)
By:Jeremy Heath Davis (SEAL)
Title: President 0
By: (SEAL)
By:_
s�sb`tVepfbl'� argliha - County of HAYWOOD
>4.°. I •thyii@rsi�i4ed Notary Public ofthe County and State aforesaid, certify that Jeremy Heath Davis personally appeared
kt d acknowledged the due execution of the foregoing instrument for the purposes therein
e7? Sed"4is§ my hand and Notarial stamp or seal this the 12`h day of Decem 007.
`0:
bthifliss'.nes: JULY 24'" 2010 —
O '•v�°'' Cll d7taleb Decker, Wtary Public
Sta�gtrpl� 17�t'y rolina - County of HAY WOOD
:••� •thelJfil(et'9Jned Notary Public ofthe County and State aforesaid, certify that Jeremy Heath Davis personally came
eyy��r rVy�t1_ knowledged that he is the President of Pinnacle Church Inc !, a North Carolina corporation,
Slat byauthon f' It given and as the act of such entity, he signed the foregoing instrument in its name on its behalf as its act
dee8' °ltrirVssrr4p d and Notarial stamp or seal, this the 12'h day of Decembe , 200 .
GotrOmssi: JULY 24T", 2010
•���� ` C. Caleb Dec,, otary Public
k7orth _ ' Ka - County of
I, the undersigned Notary Public ofthe County and State aforesaid, certify that
Witness my hand and Notarial stamp or seal, this day of , 20
My Commission Expires:
Notary Public
The foregoing Certificate(s) of is/are
certified to be correct. This instrument and this certificate are duly registered at the date and time and in the Book and Page shown on the
first page hereof.
Register of Deeds for Haywood County
Deputy/Assistant - Register of Deeds
NC Bar Association Form No. 3 © 1976, Revised © 1977, 2002
Printed by Agreement with the NC Bar Association — 1981 — Chicago Title Insurance Company

EXHIBIT "A"
BEING all of that parcel shown on the plat titled "Plat Prepared For Blue Ridge Paper" by J. Randy
Herron, PLS, recorded in the Haywood County Register of Deeds at Plat Book Map Cabinet C at Page
5133, containing approximately 41.890 acres; and being all of the property conveyed in a deed to
Pinnacle Church, Inc. recorded in Book 681 at Page 1587, said Registry.
TOGETHER WITH and SPECIFICALLY INCLUDING that right of way for a road over the lands of
George Wright or his successors, as set forth in deed from Harley E. Wright, et ux. to John F. Whitted, et
ux. dated April 27, 1951 and recorded in Deed Book 149, Page 375, Haywood County Registry and as set
forth in the deed from John F. Whitted, et ux. to T.R. Robinson, Robert Earl Robinson, James Reeves
Robinson and their wives, dated November 27, 1959, recorded in Deed Book 184, Page 250, Haywood
County Registry, and as also described in that deed of record in Deed Book 468, page 901, Haywood
County Registry.
TOGETHER WITH and SUBJECT TO easements and restrictions of record.
The subject property has been used as a demolition landfill. For additional references refer to the Solid
Waste Permit Number 44-A, dated November 17, 1992 by the Department of Environment, Health and
Natural Resources of the State of North Carolina.

0140 NO. 2502.8265 li'r
A. _ I_ B. TYPE OF L
U.S.DF.PARTM.ENTOr- HOUSING&URBAN DEVELOPMENT L❑FHA 2.QFmHA 3-DCONV. UNINo. 4.1]VA 5.[JCONV. INS.
6. FILE NUMBER 7. LOAN NUMBER
SETTLEMENT STATEMENT 27842.700
8. MORTGAGE INS CASE NUMBER
C. NOTE., This to=is furnished to give you a statement ofactualsefflemenf costs. Amounts paid to and by the settlement agent are shown.
Items marked (POC)" were paid outside the closing; they are shown here forinformathmal purposes and are not included in the totals.
D. NAME AND ADDRESS OF BUYER
Blue Ridge Paper Products Inc.
E. NAME AND ADDRESS OF SELLER
Pinnacle Church, Inc.
F. NAME AND ADDRESS OF LENDER
G. PROPERTY LOCATION
Incinerator Road
Canton, NC
Haywood County, North Carolina
H. SETTLEMENT AGENT 56.1476351
Roberts & Stevens, PA
I. SETTLEMENT DATE
December 12, 2007
PLACE OF SETTLEMENT
1100 BB&T Building
Asheville, NC 28801
J. SUMMARY OF BUYER'S TRANSACTION
K. SUMMARY OF SELLER'S TRANSACTION
100. GROSS AMOUNT DUE FROM BUYER:
400. GROSS AMOUNT DUE TO SELLER:
101. Contract Sales Price
455.470.00
401. Contract Sales Price
465,470.00
102. Personal Property
402, Personal Property
103. Settlement Charges to Buyer (Line 1400)
842.51
403.
104.
404.
105.
405.
Adjustments For Items Paid By Seller in advance
Adjustments For Items Paid By Seller in advance
106. City/town taxes to
406. Cityltown taxes to
107. County taxes to
407. County taxes to
108. Assessments to
408. Assessments to
109.
409.
110.
410.
Ill.
411.
112.
412.
120. GROSS AMOUNT DUE FROM BUYER
456,312.51
420. GROSS AMOUNT DUE TO SELLER
455,470.00
200. AMOUNTS PAID BY OR IN BEHALF OF BUYER:
500. REDUCTIONS IN AMOUNT DUE TO SELLER:
201. Depositor earnest money
501. Excess Deposit (See Instructions)
202. Principal Amount of New Loan(s)
502. Settlement Char es to Seller (Line 1400)
1,628.73
203. Existing loans taken subject to
503. Existing loans taken subject to
204.
504. Payoff of first Mortgage to HomeTrust Bank
205,700.32
205,
505. Pa off of second Mort a e
206.
506.
207.
607.
208.
508.
209.
509.
Adjustments For Items Unpaid By Seller
Adjustments Forltems Unpaid By Seller
210. City/town taxes to
510. CityRown taxes to
211. County taxes to
511. County taxes to
212. Assessments to
512. Assessments to
W. Credit re Land Swap
107.470.00
513. Credit re Land Swap
107.470.00
214. Taxes for Blue Ride prop
28.94
514. Taxes for Blue Ride prop
28.94
215.
616.
216.
516.
217.
517.
218.
518. Release Fee
219.
519.
220. TOTAL PAID BYIFOR BUYER
107,498.94
520. TOTAL REDUCT. AMT DUE SELLER
314,727.99
300. CASH AT SETTLEMENT FROM/TO BUYER:
600. CASH AT SETTLEMENT TOIFROM SELLER:
301. Gross Amount Due From Buyer Line 1201
456 312.51
601. Gross Amount Due To Seller Line 4201
455470.00
302. Less Amount Paid BylFor Buyer (Line 220)
( 107,498.94)
602. Less Reductions Due Seller (Lins 520)
( 314,727.90
303. CASH (X FROM) ( TO) BUYER 41
The undersiened herehv arJn-ledaa raceiot of a -.Dldfedcorw
348 813.57
of Danes 1V
603. CASH ( X TO) ( FROM) SELLER
of this statement & an-ti-h-k .af-d f�-1.
140.742.01
Buyer BI a Paper Pro a c Seller Pinnacle Church, Inc.
BY: BY:
-
NUD-1 (Sea) ftESPA HBIaa52

-�-r_ --- _ L, SETTLEMENT GH(-14'(-EO
700. TOTAL COMMISSION Based Oil Pl _ $V._y_�
Division of Commission (line 700) as F011011-
auras seuERs
-� - - � FUNDe AT �lrUNOa AT
701. S to $ETREI!ENT eETREf.4'1!T
Cn MMFCTInM WITH 1 nAM
801. Loan Od inalion Fee % to
802. Loan Discount % to
803. A raisal Fee to
804. Credit Report to
805. Tax Service Fee to
806. A Iication Fee - PM! to
807. Assumption Fee to
808.
809.
810.
811.
901. Interest From to @ $ /day ( days %)
902. Mortgage Insurance Premium months
903. Hazard Insurance Premium 1.0 years
904.
905.
4nnn RFSFRVFS nFpnSITFn WITH LENDER
1001. Hazard Insurance
months @ S
per month
1002. Mortgage Insurance
months @ $
per month
1003. City/town taxes
months @ $
22r month
1004. Coun lazes
months Q $
r month
1005. Assessments
months @ $
per month
1006.
months @ S
per month
1007.
months @ $
per month
1008. Aggregate Adjustment
months @ S
per month
11nn_ TITLF CHARGES
1101. Settlement or Closing Fee to
1102. Abstract or Title Search to
1103. Title Examination to
1104. Title Insurance Binder to
1105.Altorne s Fees to Caleb Decker POC:80.00
1106. Note Fees to
1107. ABome a Fees to Roberts 8 Stevens, PA POC:BO.00
(includes above item numbers: Limited Search from Title Policy )
1108- t The Title Com atiof North Carolina
475.00
includes above item numbers:
1109. Lender's Covers e $
1110. Owner's Coverage $ 466,000.00
1111. Co IFax/LD/Delive
1112.Oveml hl/Delive to Roberts a Stevens, PA
10.00
1113. Payoff Coordinate/Cancellation to Robers &Stevens, PA
60.00
40nn -CGMe1CMT D-ADr11MG AMn TRAM.%FFR C.HARGFS
1201. Recording Fees: Deed $ 20.00; Mortgage $ Releases $
20.00
1202. Ci /Count Tax/Stam s: Deed ! Mortgage
1203. State Tax/Stamps: Revenue Stamps 1,020.00; Mortgage
162.00
858.00
1204.3 Rel D OR Sale/Non Conform to Register of Deeds
153.00
1205. Deed Blue Ridge Safe to Registerof Deeds
20.00
1301, Surve
to Charles O. Ham ton, Jr.
POC:BO.00
1302. Pest ins ection
to
1303. Deed -2008 Blue Rldge Sale
to Reglater of Deeds
20.00
1304. County taxes Pinnacle sale
to Tax Collector
32.51
560.73
1305.
1400. TOTAL SETTLEMENT CHARGES Enter on Lines 103, Section J and 502, Section K
1.628.73
842.51
Roberts 8 Stevens, PA
Certified True Copy Settlement Agent
( 27842.700127842.700) 26 )

A. _ _ -. __..e _.6 TYPE OF LOAN _
1.145. OI FAR'fkhEh/T OF HOUSING S uR(aAN CrEvuv<PMEtET 1 ❑FHA _2 QFmHP 3.[�C( . LININS. 4 QVA 4 a5 QCONV INS_
G. FILE NUMBER - T 7 I ()AN NUMBF_R
SETTLEMENT STATEMENT
8. MORTGAGE INS CASE NUMBER
C. NOTE: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown.
Items marked '(POC)" were paid outside the closing; they are shown here for informational purposes and are not included in the totals.
� n o ecmm�e� �nnnal
D. NAME AND ADDRESS OF BUYER
Blue Ridge Paper Products Inc.
E. NAME AND ADDRESS OF SELLER
Pinnacle Church, Inc.
F. NAME AND ADDRESS OF LENDER
G. PROPERTY LOCATION
Incinerator Road
Canton, INC
Haywood County, North Carolina
H. SETTLEMENT AGENT 56-1476351
Roberts & Stevens, PA
I. SETTLEMENT DATE
December 12, 2007
PLACE OF SETTLEMENT
1100 BB&T Building
Asheville, NC 28801
J. SUMMARY OF BUYER'S TRANSACTION
K. SUMMARY OF SELLER'S TRANSACTION
100. GROSS AMOUNT DUE FROM BUYER:
400. GROSS AMOUNT DUE TO SELLER:
101. Contract Sales Price
455,470.00
401. Contract Sales Price
455,470.00
102. Personal Property
402, Personal Property
103. Settlement Charges to Buyer (Line 1400)
j 842.51
403.
104.
404.
105.
j
405.
Adjustments For Items Paid By Seller in advance
Adjustments For Items Paid By Seller in advance
106. City/town taxes to
406. City/town taxes to
107. Countytaxes to
407. County taxes to
108. Assessments to
408. Assessments to
109.
I
409. j
110.
j
410.
Ill.
411.
112.
412.
120. GROSS AMOUNT DUE FROM BUYER
456,312.61
420. GROSS AMOUNT DUE TO SELLER
455,470.00
200. AMOUNTS PAID BY OR IN BEHALF OF BUYER:
500. REDUCTIONS IN AMOUNT DUE TO SELLER:
201. Deposit or earnest money
501. Excess Deposit (See Instructions)
202. Principal Amount of New Loan(s)
502. Settlement Charges to Seller (Line 1400)
1,528.73
203. Existing loans taken subject to
503. Existing loans taken subject to
204.
i
504. Payoff of first Mortgage to HomeTrust Bank I
205,700.32
205.
505. Payoff of second Mortgage
206.
j
506.
207.
507.
208.
;
508. I
209.
509.
Adjustments For Items Unpaid By Seller
Adjustments For Items Unpaid By Seller
210. City/town taxes to
510. City/town taxes to
211. Countytaxes to
1
511. County taxes to
212. Assessments to
612. Assessments to j
213. Credit re Land Swap
107,470.00
513. Credit re Land Swap
107,470.00
214. Taxes for Blue Ride prop!
28.94
514. Taxes for Blue Ride prop
28.94
215.
515. j
216.
516.
217.
I
617.
218.
I
518. Release Fee
219.
619. I
220. TOTAL PAID BY/FOR BUYER
107,498.94
520. TOTAL REDUCT. AMT DUE SELLER
314,727.99
300. CASH AT SETTLEMENT FROMITO BUYER:
600. CASH AT SETTLEMENT TO/FROM SELLER:
301. Gross Amount Due From Buyer Line 120
I 456 312.51
601. Gross Amount Due To Seller Line 420
455 470.00
302. Less Amount Paid By/For Buyer (Line 220)
j( 107,498.94)
602. Less Reductions Due Seller (Line 520) j(
314,727.99)
303. CASH( X FROM) ( TO) BUYER
I 348,813.57
603. CASH ( X TO) ( FROM) SELLER
140,742.01
The undersigned hereby acknowledge receipt of a completed copy of pages 1 &2 of this statement & any attachments referred to herein.
RiwAr -1-
Blue Ridge Paper Products Inc.
BY:
Pinnacl Church,ln .
BY:�, �-
HUe-1 (3-86) RESPA, HB4305.2

AGREEMENT TO EXCHANGE PROPERTIES
Blue Ridge Paper Products Inc. (`Blue Ridge") and Pinnacle Church, Inc.
("Pinnacle"), upon execution hereof, agree to exchange and convey all of that certain real
property more particularly described below, upon the following terms and conditions set forth in
this Agreement to Exchange Properties ("Agreement'):
1. TRANSFER TO PINNACLE: (a) Blue Ridge agrees to grant, transfer, and
convey unto Pinnacle Lots 4A-1, 4B-1, and 4A-2 as shown on the plat recorded in the Office of
the Register of Deeds for Haywood County, North Carolina in Plat Book Map Cabinet C at Page
5000 (the `Blue Ridge Property").
(b) It is hereby acknowledged that Lot 4A-2 shall by conveyed by December 31,
2010, and at the time of the conveyance, the fence and construction materials shall be removed
from the lot. The other two lots shall be conveyed at Closing, as defined in Section 9 below.
(c) The Blue Ridge Property shall be restricted in that no residential use, specifically
including but not limited to residential development, or other similar use, shall be allowed.
Commercial use of the Blue Ridge Property is permitted.
(d) Blue Ridge shall reserves unto itself, its successors and assigns, the right to use
the 35.5-foot wide right of way shown on the Plat recorded in the Office of the Register of
Deeds, Haywood County, NC, in Plat Book Map Cabinet C at Page 5000 as the "Extension of
Fiberville Street' for the purposes of ingress, egress and regress. Maintenance of said right of
way in its current condition shall be shared equally by the parties hereto. The parties hereto
acknowledge that the any future improvements of said right of way, including grading or paving
of the right of way, shall be agreed upon in writing by both parties. In order to consent to the
improvements requested, the party requesting the improvements to be made shall tender to the
other party complete copies of the plans and specifications for such improvements. All costs
associated with said improvements shall be the sole responsibility of the party requesting the
improvements be made.
(e) At Closing, Blue Ridge agrees to tender to Pinnacle $135,000, plus $213,000
towards the current deed of trust encumbering the Pinnacle Property, as defined below, in cash or
certified funds.
2. TRANSFER TO BLUE RIDGE: (a) Pinnacle agrees to grant, transfer, and
convey unto Blue Ridge a 42-acre tract of real property described in a deed recorded in Book
681 at Page 1587, Haywood County Registry (the "Pinnacle Property").
(b) The parties hereby acknowledge that the survey completed by Herron Associates
with drawing number 2532-510-A and dated October 1, 2007, depicts an access issue whereby
the current drive to access the Pinnacle Property crosses over property owned by Harley Brown.
As such, Pinnacle has reduced the original negotiated amount of cash to be tendered to Pinnacle
pursuant to section 1(e) above by $15,000 to the new amounts reflected therein.
2&s 576270-1

3. PRORATIONS AND ADJUSTMENTS: Unless otherwise provided, the
following items shall be prorated and either adjusted between the parties or paid at Closing: (a)
all ad valorem taxes on the Blue Ridge Property and the Pinnacle Property for the current year as
of the date of Closing; (b) ad valorem taxes on personal property, if any, for the entire year shall
be paid by each party for its/their own taxes; and (c) all late listing penalties, if any, shall be paid
by the owner of the property to which the taxes are listed. Each party represents to the other that
it has no knowledge of any pending or confirmed governmental special assessments for
sidewalk, paving, water, sewer, or other improvements on or adjoining their respective
properties, as well as no pending or confirmed owners' association special assessments.
4. FIRE AND OTHER CASUALTY: The risk of loss or damage to the Blue
Ridge Property and the Pinnacle Property by fire or other casualty prior to Closing shall be at the
property owner's risk. In the event of fire or other casualty, the party obligated to purchase that
property shall have the option to terminate this Agreement or to proceed to Closing under the
terms and conditions of this Agreement in its damaged condition, but all proceeds of insurance
paid to or for the benefit of the property owner for damage to the property shall be credited to
purchaser at Closing and any claims or insurance proceeds not paid or credited to the property
owner as of the date of Closing shall be assigned to the purchaser at Closing.
S. CONDITION OF BLUE RIDGE PROPERTY AND THE PINNACLE
PROPERTY AND INSPECTIONS: The Blue Ridge Property and the Pinnacle Property are
each being exchanged and conveyed in an AS IS, WHERE IS, AND WITH ALL FAULTS
condition and state of repair.
6. ENVIRONMENTAL MATTERS: (a) Blue Ridge has no knowledge that the
Blue Ridge Property is not in compliance with all applicable environmental laws and regulations,
there are any toxic, hazardous or petroleum materials located on, in or about the Blue Ridge
Property in violation thereof, and there are any underground storage tanks located on the Blue
Ridge Property. Notwithstanding the foregoing, the parties hereby acknowledge that certain
environmental hazardous items which have been stored or maintained in appropriate containers
are currently located on or have been located on Lot 4A-2, which containers shall be removed
from the lot prior to its conveyance.
(b) Pinnacle has no knowledge that the Pinnacle Property is not in compliance with
all applicable environmental laws and regulations, there are any toxic, hazardous or petroleum
materials located on, in or about the Pinnacle Property in violation thereof, and there are any
underground storage tanks located on the Pinnacle Property.
7. CLOSING MATTERS: (a) Blue Ridge has no actual knowledge, nor has it
received any notice of, any actual or threatened action, litigation or proceeding (including, but
not limited to condemnation) by any organization, person, individual, or governmental agency
against either Blue Ridge or the Blue Ridge Property, nor does Blue Ridge know of any basis for
such action, that would prevent the conveyance of the Blue Ridge Property by Blue Ridge to
Pinnacle as provided in this Agreement. Blue Ridge shall cause all deeds of trust, assessments,
liens and other charges against the Blue Ridge Property to be paid or released prior to or at
Closing with any required record cancellations or releases occurring within a reasonable period
R&S 576270-1

following the Closing. At Closing, Blue Ridge shall convey to Pinnacle, or as Pinnacle directs,
marketable fee simple title to the Blue Ridge Property by a General Warranty Deed. Title to the
Blue Ridge Property must be free of all encumbrances, except ad valorem taxes for the current
year, utility easements and unviolated restrictive covenants that do not materially affect the value
of the Blue Ridge Property, and such other encumbrances as may be assumed or specifically
approved by Pinnacle. After the execution of this Agreement, Blue Ridge shall not knowingly
take any action which would adversely affect the title to the Blue Ridge Property. Blue Ridge
shall furnish at Closing an affidavit and indemnification agreement in customary form, in favor
of Pinnacle, counsel and title insurance company, stating that all labor and materials furnished to
the Blue Ridge Property at Blue Ridge's request or for Blue Ridge within 120 days prior to the
date of Closing have been paid, listing all assessments, encumbrances and occupiers on the Blue
Ridge Property and indemnifying said parties against all loss from any cost or claim arising
therefrom and from any misstatement therein. Blue Ridge agrees to pay for the preparation of
the Deed and any other documents required of Blue Ridge to fulfill Blue Ridge's obligations
hereunder and for the Revenue Stamps required by law. Pinnacle shall be responsible for all
costs with respect to any loan obtained by Pinnacle, title search, title insurance, recording of the
Deed and for the preparation and recording of all instruments required to secure any loan.
(b) Pinnacle has no actual knowledge, nor has it received any notice of, any actual or
threatened action, litigation or proceeding (including, but not limited to condemnation) by any
organization, person, individual, or governmental agency against either Pinnacle or the Pinnacle
Property, nor does Pinnacle know of any basis for such action, that would prevent the
conveyance of the Pinnacle Property by Pinnacle to Blue Ridge as provided in this Agreement.
Pinnacle shall cause all deeds of trust, assessments, liens and other charges against the Pinnacle
Property to be paid or released prior to or at Closing with any required record cancellations or
releases occurring within a reasonable period following the Closing. At Closing, Pinnacle shall
convey to Blue Ridge, or as Blue Ridge directs, marketable fee simple title to the Pinnacle
Property by a General Warranty Deed. Title to the Pinnacle Property must be free of all
encumbrances, except ad valorem taxes for the current year, utility easements and unviolated
restrictive covenants that do not materially affect the value of the Pinnacle Property, and such
other encumbrances as may be assumed or specifically approved by Blue Ridge. After the
execution of this Agreement, Pinnacle shall not knowingly take any action which would
adversely affect the title to the Pinnacle Property. Pinnacle shall furnish at Closing an affidavit
and indemnification agreement in customary form, in favor of Blue Ridge, counsel and title
insurance company, stating that all labor and materials furnished to the Pinnacle Property at
Pinnacle's request or for Pinnacle within 120 days prior to the date of Closing have been paid,
listing all assessments, encumbrances and occupiers on the Pinnacle Property and indemnifying
said parties against all loss from any cost or claim arising therefrom and from any misstatement
therein. Pinnacle agrees to pay for the preparation of the Deed and any other documents required
of Pinnacle to fulfill Pinnacle's obligations hereunder and for the Revenue Stamps required by
law. Blue Ridge shall be responsible for all costs with respect to any loan obtained by Blue
Ridge, title search, title insurance, recording of the Deed and for the preparation and recording of
all instruments required to secure any loan.
8. EVIDENCE OF TITLE: Each party shall deliver to the other party copies of all
relevant title documents and existing loan information in possession of, or readily available,
R&S 576270-1

including but not limited to, title insurance policies, attorney's opinions on title, surveys,
covenants, deeds, leases and loan information relating to the properties being conveyed.
9. CLOSING: All parties agree to execute any and all documents reasonably
necessary in connection with the Closing within thirty (30) days of the execution of this
Agreement (the "Closing Date"). The Closing shall be held on or before the Closing Date at the
law offices of Blue Ridge's attorney or at such other place mutually acceptable to the parties.
The Deeds are to be made to the purchasing party as directed by the purchaser.
10. POSSESION: Except as otherwise provided herein, each party shall transfer
possession of its/their respective property to the purchasing party on the Closing Date.
11. MISCELLANEOUS: This Agreement is and shall be binding upon and inure to
the benefit of the parties hereto and their 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. This Agreement contains the entire agreement of the parties, shall be considered to
have been prepared equally by the parties hereto 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. This Agreement shall become a binding contract
when signed by both parties. It may be signed in multiple counterparts, with a signed
counterpart to be retained by each party hereto. Closing constitutes acknowledgment by the
parties that the Agreement terms have been satisfied at Closing; however, 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
hererto until fully observed, kept or performed.
Date: 1 Z 1)1 O'"1 Date:
Blue Ridge 5Podnc.
By:4-
Print Name:r,
Title:-O.O.
R&S 576270-1
Pinnacle Church, Inc.
By:
Print Name:
Title:

including but not limited to, title insurance policies, attorney's opinions on title, surveys,
covenants, deeds, leases and loan information relating to the properties being conveyed.
9. CLOSING: All parties agree to execute any and all documents reasonably
necessary in connection with the Closing within thirty (30) days of the execution of this
Agreement (the "Closing Date"). The Closing shall be held on or before the Closing Date at the
law offices of Blue Ridge's attorney or at such other place mutually acceptable to the parties.
The Deeds are to be made to the purchasing party as directed by the purchaser.
10. POSSESION: Except as otherwise provided herein, each party shall transfer
possession of its/their respective property to the purchasing party on the Closing Date.
11. MISCELLANEOUS: This Agreement is and shall be binding upon and inure to
the benefit of the parties hereto and their 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. This Agreement contains the entire agreement of the parties, shall be considered to
have been prepared equally by the parties hereto 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. This Agreement shall become a binding contract
when signed by both parties. It may be signed in multiple counterparts, with a signed
counterpart to be retained by each party hereto. Closing constitutes acknowledgment by the
parties that the Agreement terms have been satisfied at Closing; however, 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
hererto until fully observed, kept or performed.
Date:
Date: (-2� 7
Blue Ridge Paper Products, Inc. Pinnacle Church, Inc.
By:
Print Name:
Title:
R&S 576270-1
By:
Print me
Title: &,-,1de-,t