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HomeMy WebLinkAboutSW5211201_Pending Sales Agreement_20220221DocuSign Envelope ID: F2AB706E-2175-4F44-82F1-7CCD9OF3AOF0 f�1f1ItL>R� �:, f It i'iJIiC AS1E AND SALEA,679EME A6R9EME 5F fmPROVED READ, pE(y-PERTY TOR" Narth" fPl1�► �lssad�flan .[tERt_ of i2E;+4IIOR .. 0 AGI +ENI P[ 1, rnclizdi '� rnmVI is b anti hOt"en gam aild;2li,:addenda kttt�ohed beretb.( Agree Y y THIS GLANDON F R,ESTI. VITY LLC ---- _----llmitedl liil� edit ("d yer"), acid (1xd * �rbtState o f6 r n6tion .arid type of entity) M(3RGAN PROk'EYt� 4n} llmfte ab�1i Cana aR _.— f°Se3ier").: incilvit�ual ar State a tome ton anal tym afantiiy) ( TQ'�E: I€the. Buyer ar 5e1! is 8Il ey, im order to ioru� a biudlt aglre_Omwt and cordtptetc a tr20. .Cf1OP; the entlttea iistetf. �„g Secretat p of 1n f#ae State of its 13rzyer or Seller in this Ag eetnent:slsoutd be acidly formed and in gouda: �+"t3e the •5iate fdt npaiiotbe.entltya) HEi�INANi} QTf�R.GQUD.A1� �lAt i1A13I FOR A1Vi? I C TSIDT�RA C}I�i ()F THE MUTUAL PROMISES SBi FQRTfI OF WWr," ARE HEiiEsBY,ACKNO WLM43.0'D, T +S�TUS CONSIIDJN.:fCdN, THE: C1u11T AAA; SC3FFIG7F?b1CY t-il? r_TO A©R F- A5 V. m �VV$ �On�il.`lh8ftlbaio,"s sl have;the.ro§pectiva tneautl�g:}�Tvet�.them �s sef fafth ttdja�ent to each' 8ectiott t TerxUs atulU .teen.. ►: ' 0. . ETC ti7;�D�i�� NC 27557 -- - 95, (tank"or Section , as shown on:Platt'k or Slide flat{i8#1CdT Lot( r NASN County, eonststing of�. t( 2. acres: if tlii 1}ox is a �--! eokedf Pro " hail mean that, property described on.Exfttb,t A attached hereto and it►cotporated + - h b�frc : ( ?c>r ir�rir iaticmpu ce. ores: (i) the tub garOj nljrnb4r:of the:Property is: 2746-38-7643(k.14 A ANA 27A(-36-8471 SAC) bed in peed Boo acres, is deft k _aid (ii).soihe or the1'rapexly; consisting gagrotctmately 2 NA$ Cnu© a92t ,Pa Noy_ 215; .:} �idfl r vrith ail` bolldinp thereto, and; Ii peisonal pro irty ;if arty, d: V��'►en thin and All: fiXLures `artS� appurteastices � pe itMized psr EOidrlt A ., Datlgarx; yrrble Oamhig terrrts _. Dollars (1)'TEarneatMvx e " si�ail)n�tn,—, —. ox teas follows: The 'west hlotiey shelf be dego§iced in escrow Witil (na of person/entity witF, wham - deposited- "1E5GraW ,A.gent'j Within tgve (s) Calendar days Offhe �.'OntrACt Date, to bapplied .'as Wit at Cjo3irj&, :at disbursed as agreed upon undelrthe payment of the Purchase Price of the Property of 5t ct �n I herein. Shotdd Buyer fail to_deliver 010 Tamest Money by the date requixed piOVisions t caeun�lcz, ur sii9vttl Y chcok or other Eitttds paid by Buycx be dishono.w, foX any :reason by tb�e -page i of 9 # rangy hint KtiiVed b : ST A,NDARD FORM .8{t=T PP • '' Revved 7/2029 lYoYtTa`Caxoll!ett. hsaocratitnf Ds Q7f7A2 ssA i�grth Csroim ciut#om af.I#l±A%Q �... $tiyei,Initfel5 t .'uY troAt/f�ps i4isnQMD om, Sallex Tn! ` - p,w. B�ieA aet+recr, va-' a46�,Ep HC }'FAO .: T Phone: (9iRnJ8A38S ih3 .d. �AMiilf'xiPFotin�6izlDt �� 7 fBieti'11C?'S.RDi1�,F'fa9bF�AGchfgb9.dBD26 lYfHridnotx.ccxn bocuSign Envelope ID: F2AB706E-2175-4F44-82F1-7CCd96F3AOFO e institution upon 'which the �4a`ejMentiS drawn, Buyer shall hays: one.(t� b8nlc pg day:after writtaen b£ SLiCIl dishonor to delfr�er czr$lt, ilfficial bank check, wim trard&r OI elactromo tnmsfer to the OtlGe cpDw Agent If Buyer fails to deliver the required hands within On8 .(1) banking day after vrrstteti notice, then S 11er may terniivate.this AgrccoW try ryvrittez+ rixat ca to Buyer at.any time iliereafter;;: pa'ovided Sellex has not then ieceived acknorvledgemcat.by L�scrow AgenE ti£ its receipt of funds fx prn. 8uyes: IF the EscrowAgent Baas not delivered to the Scher the acknowledgement ofEarliestManey'on tfie lac#. page of this Agreement by the. calendar day foliowrng the elate the Earrie9t MOiteyr is required that the Iisrrrest Money was not delivered by the to be delivered hereunder; it sktali be presumed Hired time (unless, upon the written request of Seller, EnTow. Agent ran prgvift proof of its t i ►t of the iiirrce3t Monty by the required tune). Buyer and Seller consent to the disclosure by the the Oroker(s) and any Buyer ]ender, of any Material l3scrow Agent, to the P*tiests this::Agreement, facts pertaining to tbe'tat0'ASE MMPY ANY EARNEST MONEY I]$POS>(TW AY BUYER IN A TRUST ACCOUNT MAY B. E 1 *C" 1b IN AN 1NT> pws..T-$EAT+ING"fRUSTACCQUNT, AND: (check only (3N Enxj. INT1lr I' EARN THEREON SPALL BE:APPLIED AS PAR PAVME€q'l QF ...ANY T MRCHASE `PIKE 6 THE l';[i pERTii' .Ac'I CLOSING, OR IiISBURSEb AS dG' iG' I►:: XPU F .TINDER THE FROY[SI[1NS OFSE'CtION 10 HEREIN. (Buyrees � KVayer 1tdCattficrttlas Numib:+r is.... ) O: W &MEST 19ARNED TE[EftON SILALL BELONG 10 THE ACCOI3.*. Ry MAIIs1' A►TN 1G' HOLPVR'IN CONSIDERATION OF THE EX ENSWINCUaRED S:T C1i ACCo RECORDS .ASSOCIATED THERRVYCI'-H.. =,ntivey[ntttissd secured by a deed af.trust, said promissory, note in the amount of S Dollars 6a irg P:F rule ov. r a term of y'eg,% >i an arnortizahart poiod of years, payable in iuontl sta7imenis of priucipat, tttgethet With: accrum iatP.a�9C bYi the nuistan(bug principal balance af:tito rate of petcent ( °t'a) per aAuum in the the n.rst rind al a eot be on. the first clay of the - amount of $ F p p Y _ mtiiltli next succeeding.the date of Closing, or mch otber terms as May be set.foith on Exhilblt B: At, note may be prepaid iu whole or in prat without penally and without fwtxaer. Y tlmef tht praTuissary iutte eat an the amounts prepaid from the date of such prepayment. (NOTE: lathe event of Btuyer's suh►"4jjent default upon a promissory note a€rd deed of trust given hereunder, Seller's reuledicl. rnfy be .'timited to forecl©sure rsf ^ the Property. if the deed of tract. given hereunder: i R. aubortBne to t�etiioi tiriaaeing, l e material terms of such fipancing must be set ford[ on ihfl►it $� bucb seWor financing 1s aubiiiequc�rtiy f©reclosed, the SOilcar ansy have iio remedy to t'ec�l+ver utiidex. #ha hots.) :. 5 $iij Cacti >halaoee of P.urchuo Yrtcc, at Clpsirrg in flee $li tau tt of D liars, _. .. �r a# l3liyei's ex ease; s P it sae entitiei to-ptnsnes cpWificafion for and approval of any lam t3uycr intends to obtain in conneatien under this are not conditloued upon :.. �iitlt tli4: tt t3aCt ou CO ern, ar cussing fi1A� to ted by this A.greencrent. (Note; Buyer's obtrgatioaus .Agreement a: rncrefoire, Buyer is $dyl$ed t0 co6sult:wrth Buyer's lender prl0r to 5iil4U thiS.Dtfer to ASSure >tg :'.:Iltht the iLxst»ii�uquld'I'e > aWvs % Mcient fine for :$nyer's lender to I►ravade .Banyer :Butf9deat inf®it> anon to decide: retliar to prncee>I ,lii Pr.: itte tlt;trant;itction,} {cj �Cl�tng- the<date of Cp�pletion of the process detailed nSection 1.1. of tlti� Agresctxxent .Cinsitlg shall orpur On or before A z#, a022:.: .. or (d} "Coatrart f1a " 06:* datc':this Agree. rneln has been fully aentiteri by bpth Buyer and Seller: us 2 Of 9 . �: ...- BF3,yeC�illtt$18 .- = - �'$1I8rliltl&TS ,s.�xi%AI3.lolzM.;stl-`r Re*CrI1i� ..o ad wi8l rJW4t M1 zi�05�9 I8"tk F.tlleaRWO ROO, Rd , M R 4'0? ', y y,�jyi¢gl&t l SAtil pl:gl+IC, - -- I DocuSign Envelope ID: F2AB706E-2175-4F44-82F1-7CCD90F3AOF0 �r shallneaathe pent begfnninp,onthe iirttday;ati6tl.tOCn�tt`aiot>Iateandexfendingtliraugh. 5;tlilpm (basvtl nporl mttheIocale afthei';aI'ertY) ��' ., iVXarch 4 :2OZZ... ... _. r iME IS of 11M FS ENCE Ai `TO 7 t� ei : g � Sltelfm tQ;S?gl 1 Agent" - license ). {"Selling Agency"), Agent" - Licertae �F 14964 riunxb�i[' - Ad 38�5 B Tx D NU"shallbe:asf0llawS' gMM 19.1i "j gH NC 276b9 � .. fax.tuirtrber tlta�l address: _ except as same may ._ cltangodpuSuantt.6 : t n.l2 WOO and incorp0iate4herein {) If fhts,blogk ls.ntNr addth0 .terms of fhjs.Agecrnentaare set forth on Exhibit Tes'attached Nbxt}�Carolina hW, t'egl eSW0.:agents are not pernrltted to draft cpnd#104:Dt" by rfetoncs. (fa*Ut�e�r.: ofutiugeinetes tq t {�RrkRlgaeat;) 4f this,geezrsczrt Vic, set4xth qn the Additipna! Y'tdvfsiat gclde�ditYt tbd° .iilopk is. attach addrtionaX t d.hueito and_1itl. W8ted bere"' byre.erence: fouls 'ott the:Dark [gyp Agrd em. ent `Addendum, If this :block is d; addtt�opal tams f this Agreement are set dhars t0 and Incargq d�rcm by reference, (Form 581A-T) stta the Pro city for :the pway ut of.Furcftase Prtcek �uelier agfGes t .aeli snd Buyer agic s to Y A.. 5actian 2. Sale of Property,:q 'uxs;>r�se Price, eel 3.'raratiart #iE p taxcS (on a calendar year basis), tfiges and lE`aymeutn# Costs: Seller at►ilpysr Wee that All pro Btty other assutGed liabilfties as detailed an aitaclred BOAR I's, if auy, shall be leea, rants, mortgage pa led as of the date'of C'Bing._So11o: ents.:and utilities or anY shall pay for preparahort bf a deeil and alj, otlsa dncttrxrents necessary to periprtn Seller's taxes, and oilier c0iivcyanCG tss or taxes ptrpi biigai bns under this r tl tlby law, any fees ent, excise tax (rev�uue. stamps), any cl femd or rollba0lt rid for cctnfitntttlg Seller s ace:aunt paymetIr inforoation. on owner assaaiation dues ox assessments for: Oompany as.agznt of the vvtne�s` assocratieR pttyr i}txt or proration- anY trans g unposed by a# ow.nrrs' association.spdfor a Manageunorq lion cantd ipl&t &.by, this Agreement 6Elter than tlaasa fees requiretf to he t?aidbY ��?Y� in tbas seakiott � q. rgzineatian with tkle b�oyy=i tfse folio tvtngt - BUy� $ball.Pay recording ps15; posts of any title Search, rifle uisurance, suit/ . the cod of any :inspeo#ia AS or 'investigations by an OWnent' association deala=ation to Be paid by Buyer for I3uyc 3 uridtT Zett tiy> uyer under -- M�:ug :e byment is Agreenscnt, charges regriired es ib prapdty including, without iu�rltatiIIII, working capital cantnhsspons,-rFtein'betshtpfe�, ar Che0an for dcteraun�ng teslracttve covepan .lot yet's use:} ... con t n elel7nerits andlar'services prav�d8d: to Buyer,. any o0ats>ar ch€ttges :. DocuSign Envelope ID: F2AB706E-2175-4F44-82F1-7CCD9DF3AOF0 SeeHon 4: ]jellveirles Se11er e ees to use best efforts to deliver to BoYM as .soon as reasonably po5stble after the Contract arc,: copies of'a!l t> 4erial inffirr ti n relevant to. tlxa property in tile, possession of 8 L lot, including but not limited to titic:insuran .: liolrmes,(aiid copies of auy db eats referenr a thererri), smveys soli:_#est reports, euviromn%tei surveys or reports, site plans civil c Wttlgs, buildin tans, ma enanme records and copies of All preseritC;y effec tive warranties or service contracts rclac od tQe th '; P Piaperty. Sell atalllaxi7 (l) tU+ `. pm-�ntly or previously representing Seller to release curl. tlisclasa any title insurance policy ni ss... tittorzte - file W. I rand bath Biiyei's and Seller's agents and attorneys; and 2) the Property's title ipstrrer or its agent to release and disclose all n a als.in rite Paoperty's title insilrer's (or title insurer's agents) We to Buyer and both Buyer's 9nd Seller's agstits and attottioys. if Beyer aes ix<)t constunriiate the Closing for any t'ensotl other than Seller default then Huyez 9i1a(l retaru to. Seller all flail copy ruaterials elivered.by.5eller to Buyer ptilsuant tp tbrs Section 4 (or Section'7, if aptiircable),:if arty, �a d shahil. upan..5eller's regitesf,. folftivrin release of the Earnest Money, provide to Seller copies of (sub1ect to the ownersiil atisi copyright. isilate5ts of the prepay r tliereo any and all st►idies, xep'ds survey s d other information relating r3itectly to the Property prepargetl {h' —rant or reptcsentation by Buyer as to. the contents, accuracy by.rrt at hO iequest a m3 yer, I q] CpCtCCl i... tllereaf. l$onvrti tliert exist a separate.. i3 sal tltis provision insofar as:tletiYe . orsim►laragreementsliali.;ci}#1! Section S. l�vldei 0 4f'itillc free and ciea :ofA liens, tits defined in Section 7, ii,applic objeated:to by.Baycr prior t iceferenced in SecdOu 11 (item satisfy, at or prior to Closing, mortgages or statutory liens. listerl: on fthibit A) alter tilt withheld, c� 10clned nr.deia} 3ectzoo6, Couditions: This coridttln �ed upon fulfillmeiit ( s e�riplayees and agents, art +Yitt any Y Itandwg rile a6uve provisions regarding delivery and return of inib matian and documentation, should ,sure, Confidentiality, or similar ceuieot between Buyer aril Seller., the terms of which conflict with y aotl rettrrrt.ufinfoimation aril agrdoormen€afi, , then the torms of such t,srr� disclas►ite, confidentiality, 0 ;jW to the delivery slid return of infounation and,documentation.. feller afire .b1o. convey fee simple insurable:title to the ptoperty Without exception for nieobmics' liens; a-4brances and defeeI.s of title tither than: (a) zoning ordinances affecting the Property, (b) :Leases (as iblo� and (c) specific insttirrrients on the pucontract blic ecord at the Date agreed to by Buyer (riot i. .the cad of the :Exgaim$gon l ei�iod); ir�krich specific instruments is shall be enumerates! in the deed 5(a), 5(b) and 5(4) being collectively "Permitted Bxce.ptione ), provided that Seiler shall be.reguired to. ny. eiloimhrances that.may be satisfied'by tht payment cif a fia:ed'sum of money, suet as deeds of trust al ler shall not enter into or record any: instrument that affbM the Proput3' (or any personalproperty contract Date,wit hout the prior wjttlett. consent of Buyers vtrhioh canseilt shall not be unraastizta6ly greeg7�eiht af►ti the xigltt8 A»d obligations of the parties uticier this Agreement are hereC y IIiade expressly. K iriovez by:buyer, whether explicit or implied) of the following condrti0ns .. ir. Aftertlie Contract Bate, Buyer shall, at Buyer's e3ipense, cause a title �arnintitfart ta.be made Of the Eieaminadt►n faric+il: rtt tile, event that such title examination shall shovi that Seller's title is not.ff to Permitted'ac4tions, tfien Buyer shall larorrtptlymokif'y Seller in vatting of all such title defcots.acid in the erid of the Exurnivation Period, and. Seller shall have thirty.(30) days to cure, said noticed defects. cts or.objections within thirty (30) days of notice thereof; thou Buyer may term amate. this'Agteement ail¢ Loney (notwithstanding that the Examination Period may have oxp rs d).. if Buyer is to purchase title shy must be licensed to do business in the state in which the Property is located.:Title to the Property Les, subject only is standard exceptions and Peridoitted Exceptions_ t: if t}te .Property is not in $ubstantially file same Condition at Closingas Of: the dale •ccf the after; pted, im. thc.l)nXer. snag (i) terminate this Agreement and .receive a return of the. Earnest Money or. (ii) a gyjr gall be ertlitled to mcoive in addition to the Property, any of the Selles lnsrira ve Mceeds rage or desi?Wfion applicable to tht! Property. eer, its agents or representatives, at Buyer's expense and at reasonable times hiring normal btisipW o enter apart rite Property for the purcase of:iDspectlii,g, examining, conducting timber cruises,, etid tied, however, that Buyer shall not conduct airy:invasive testing bf any nature without the prior casters; to each specifie, invasive test intended to be conducted by Buyer. Buyer shaft cmduct all such Uri -site, strag; trtnbor cruises "d surveying of the property try a goad and workmanlike ttranrier, at Buyer's [age to the Property caused by. Buyer's entry arzd on -site inspections and shall conduct same. a a marmot terlem with Seller's or:artylenant's use and enjoyment of the Property. Tin that respect, Buyer shall make w. on -site imp .e.E ions outside of the hours sellejes or any teaaat's business is open to the public. Buyer =t.(as applicable) retrsomble.advance notice of and Buyer shall -cause its agents ar M .rescnt8tives An. (e;g, inspoctim, surveyors, etc,) to give.reasonable advance notice of any entry onto the Property. l3uyec and comply with atiy of aay tenant lease. which conditionsaccess to such tenant`s space at:the: :st;.Buyer shalt provide to Seller evidence of ge4 l:liability insuraiwe. Buyer shall also:bave a rigs to. 4`of 9 7tiil:GiY,� b7 a1 <8074.FkIdAA MBA.ki9?d; Fraser, tAidit8m i901� : STA.PI13A'" FQiiMS80-T Re~ 7*020. :TfIUZ1 sus-ceul+e. so ... DocuSign Envelope ID: F2AB706E-2t76-4F44-82F1-7CCD9DF3AOFO .: !<evtayy.splcl<.ttgapeCt;a11 orvolet a reementS affeatzn or related directty to the l'ropeity and shall `1ae enttllarl to reviewsuch that shall rty, p'Buyer the Fro e rovided, home baolcs cirri zi:etirds::r Selier;tita koto dtre,tt- to the.o eration attdmiai iiactancs of Y P sh, e not dtsciu c any ..... tr4 tirckillg this Tptoperty (or any ten*t therein) unless rectuircd by law; and cite same shall be regarded as c OIIfidepbal, CO 8uj+ ItC,tSQll,;ex pt to ifs atU;bleye, 9GCOttntai!(3, lepdcrs and gttxcr profcsstanal advi5ozs, 1n rvbtpl: case,Rnyer sttall such confidentiality, Buyer itssuims all rCsponsibifi for the acts of itself and its agents or tl' obtain tla it" agreainertt ► :;. irepresetstatives in. .... rGisittp i rights under, this SectioD 6(d) and agrees to it,denmify and hold Seller' harmless from any damages of Agecrosnt. resulting tlrerefrnttr: 'Ckrias lode ni rattan 0b1 gation of Ouyer stall survive the Closing or earlier termination this et s6tilil have from the Contract Date through the end of ilte €tatatn nation I'esiod to Except as provtddd tt7 Sectlpn perFrrrxn the aliaue inspects s, Above ); s 3' xam�nahoiit;'arid testing l "V R CjjO0SES NOT TO FURO.VA# ..E T!� PROPERTY, FOR ;i ')C'�'EN N07'iCt�, TO SELLER T$ EO't7 .PIEHAN TU El1G AN�2 :AMN OR NO . .. E il'l MAN QF THEE ON, ANID Pi2t?VUIE. ,.- ATION PEKOi), . 'lE :rLGhtEI l Pl SHALL . iFs1? MINA1Ii,, Al�iii l >U R I A 1l L RE"WE A JWTUI N WTIO, EAPM 0WIt: Secti4ll 7.:L&os is (Check uttte f *e Follow, as applicable)_ t7►t =bct�l rs c eci;: elCex iifl ro�Htively represents w. m. arias that there are no Leases (a.s hereinafter de$tied); affectutlge if tktis liaxis Elie d, a llerdraelos .. that there are one nr more leases atfotiag the property "Y cases") and rite following rovisioins a:s ltaYcby r3iadB a I irt:of this A,greetnent: A.itst of a!i Lease shell be set forth on Exi►ibr : - Soilet represents and wwratrt,. that as of the; Contrael:Date, thong are tnu�tl>eases, xtrwxt#te recorded or nafi, oar flay sulilcases affecting the property, except as set forth on Exhibit (b) Seller shall delive oop3es Of any Leases to Buyer pursuan# to Section �I as rf the T eases +ere IiSted th a n; .(c) Seller represents d warrahts that as of thty C�ttract Bate, there are no current. defaults (oir any existing sihratibtt roar ilcky laudtord or tenant could constitute a default) either vvir� fire passage o£ time, or 411 giving ofrtglice, or l3atlr, or ak the election of eiti?er ay landivrd,.oz liy a y tenant iindgr any i ease (" Irease not lit') Tn rite event m is any. Lease Default. as Of the Corittact Seller; as Date, 5etler ads to pravid buyer With .8: detailed description of the situation in accordance with Section 4. Seller ads not to eorl3mit a L eas6 dlord after. the Contract Date, and agrees further to notify Buyer itnrnediBtely in.tite event a Lea3a. ,l)efauit:as , Default arises ar is claimed; erted cr threatened to be as serted by either Snip or a tenant under the,)rease_ sm (d ) In ad tdntt, to the litrties under nitsgieetneitt onditions provided in Section 6 of tilts Agreemt nt, this Agm*mcrrt and the rights aril obligations of ilie: -e hereby ode expressly condttianeiy ripen tbe:a9sietnent of ScileRas interest is Anyl ease:ta Btty:li1 Torrid and conten &dc table t do plsver an assignment of Buyer (,vith:teaant's written consent ar dl acknowledgement, if required under the Lease). Seller agrees'. y Lease at or before Clowith any SC4, iity deposits bell by Seiler mnder any Leases to be *)tq hold ar credi { g� ned ted to.f) fit: n6eFore> Closing. The. assignment shall provide: (i) the# Seller Ahab detertd, iirdemni aril liabilitios.(iucludirig; witb,out limitation, cqurt ca3i$ and attorneys`. fees) asserted B ltarmlesS from claims, i Gttt?red by Buyer Os, damages and hicti are c wed by or the result of any default by Seller udder any Lease prior to the date of Closing, gpt� til)'tltakJ`3tie[ shall defy d, iiti@rrtfy atl8 Luid Sellertttrrrtless ficrni claims, losses, damages and llabrlities (including; vd'itl2[lut or incurred by Seller which are caused by or the result of am'dai`auil:by I„W1ltH Qtr,. i sts and rtitiys` feed asse"ed agaiEnsi Bll�+t;t trndFr any >L #ass MierI e ddfG Closing. (tt) 40er also ages � tas to +cork diligently to obtain any iertatti'$rgnatue. on.any estoppel cettlftca in'such £nrM: as Buyer noniiisturl ancc and attornrocnt agreements in such form as . in y reasUn lY request try t work dtlrgeo. fly to nbiutn any sytbotdut'stron, :.:BtlpU#y're�otaabltgsic, :,�"CC1011Ar lUrlrf QO�enAa 'ttt'i slier represents and warrants that it ides no aetrtaL.knoNrledge of the presence or dsgossl; :tkcept a5in _ buildiups the Property ofhazardotis orto waste or substances; wiaicli:are deluged: :a 9rt pro V pplt AI as wffi6 , ;substances, mitten , within the or on , and wastes,: including, but not liitci#eci to: !Miss substances, waterials-arid WAsteg:listed in tl Unit Sttdea Deptrrtmeni bf'I'rans tign Rsr�rdaus Materials Table (49 CFR Part.172-ibl)'or by the Enyironim tfut Protection Agency as thereto; or spelt substance#, xna€erials and rVastes, which are or become: ::-ha=d6ua snyisl=0es (40`0 repsat ' -' dCC. ?ty appiira Part 302.4) and amendments c local, state or fod4M law, including,.' without limitation, atry.material, waste or substance wlricit:is (i} tf asbestos, itt of chlnrtnated bi Meta 1s (iv) designated as a liaxardous Subsisrnce pttrstsarit to Section 311 of rite; y' �' > 1¢ait 4ir A:oi 1977 (3.3U.S.C. rag h §f321`) of listed purstrnt to S: ctioit 3ti7 afthe Clean Water Act of 1977 (33 TI,S_G.1317), (v) to Section 1004 of the ResorrKce Conservation and 1 eeovery Act 0€1 976 (42 U.S.C. §6903) or a tlpys was (s+>� d flited as;a ha2ardoas pursuant 'tistAAce pursuant to Sectrton: 101.0f the Couiprtrhedcsive Enviranttcetltal �Lespoitse, Catiipensation atilt DS ::: �uy�r'Initiais e f` _ feller Ttutials ... $41VDAitD FORM 580-T Revised 7/2020 0712021 .. - uueavt�h.�ry!�gmsiG,6Y:h�u9h..t"E8a'tt! �Eeun rdp� R4�9. Fr�uee, sdic!!ig�q 48026 :.,�a'Yevi.�44l,dBm rinaciaac Docu5ign Envelope ID: F2AB706E-2175-4F44-82F1-7CCD9OF3AOF6 i$iirltty Act of t518t1(47 US C §9bU1), Seller has no actual k t+iwledge of nary ctjitttunitiaiio>r of.t]ie 1'i 4jf slly from such $efl �t noeS as utt$Y Nava Can Of dl< s Ited on neighboring tracts. S �etietn 4 �t pt :Iao�s✓Jflrs t elRepaGr: Until Closing, the risk of loss or daniage to the Property, except as: Other" provided Scilei sltall.l�ave n o:.resporrstbili.ty for tl1e: here►n, ShpTl � borne by St:l(RIz xcept us to riaanttattwalg stye 1�'raperty in its saute contltttap, repair oftlhePtogerty nts;futltsl improvements, unless the arties hereto agree in writing. any imp P Sectitrtt 1�. E si�ttest iwlodesy D bgCs��tt: its the event that any condition hereto is riot satisfied, then the Earnest Martey'shall be be refvrttied to Buyer upon Buycz's refunded to Buyer» In the t K ot,. i�saalt .o£ this Agreement by Seller, tixe'Eftrn6t Money shell any other. remedies availably to Buyer for snob breech. In the event _pf breach uF this request, but gyn}r::�m Aliali 4greezzle>tt by atiyeir, the°Earn ot'a�ffect st Money a>f all be plaid to Seller as Bquidatcd damages and as Sellelaa sole and exclusive remedy t`or this it is acknowledged by the parties such breach, but without 11miCi Seller's rights urtdet Section 5(d} Qr, Section 22 of Agreerumst a:bieuh of this Agreement by Buyer iS campen5atory and ript punitive, that payment of ttte amc3t M stteh antenna ll►g a �easaztab ney to Seller in the event of a&tiutatron?lit tltet aetlaal loss that Seller would incur as a resell of such breach. The payment of the for Sellra's anticipated lass,, both parties. 1~arnest Money #q Seller shall ticknvwledging tite'dtfficult d at erntshtutet a penaity or forfeiture but actual compezzsafian erm'tning 5e ites B�Cuak dam&g4� tux s lch brcAch: 13DIE Irtthevcnt Oft €lisp b.etvueen Stwllor anal Slayer oVar the disposition d#the ]?atnest Tvloncy lxeEil in esCrilw, a licensed react. law jand�scmw if of a broker,.hereby agrees} to retain the Isartte91 Mavcy in the dsezoW astate bzokeK is'tequuretl lz : A. .e ,Ag4n#, ed a written release from the parties coo isenting to its: disposition or until Escrow: Ft$ePt lras obi :. Age�ttt's trust or esljuw Gramm dishursr> �iertt is: nridercd..b >Le unlit urt°e>f co ew—juFi€ lion. Alternatively, if a broker or an attorney licensed to Practice law in North disputed with the appmpnat, .clerk cat court in Carolrrta is tQldm$ llle Eartlt s Money, tl�e broker or attumey allay doposit the monies accordance with the provtsiou iaf N;C.G.S. §OA- 12 Seller and Buyer hereby, re -keel acknowledges that the Escriow Agent assumes no.listbiGty in connection with t}ce halaing of the for negligence or wit€fill muse induct of Brow Agent, Escrow Agent shall not be responsible: gar4est Monhy �7ussuati# he' for the validity, correc-Mess or except e�Yuine.am: of any do cum or entice refarred to under this Agreement, Seller and Bayer lurtcby AgreC. and pur5pant to tlris, Agree rrient,'i'rotn' to mdtjtixnrfy, pt[itect; save an arty acid ail Iralsxitiss, obliat bald Gormless Bscrow Agent;#rid its successors, assigt►s agents tom, losses, dantagesS ,. claiMs,:atctlons; stets, costs or expenses (including attorney fees) of whatsoever: in wayrolate to or.eiise out i i'dte execution aiul kind orriature t sptxsed osi, is eat an uri'e.d lay of asserted 0 Onst Rorow.Agent which any nay. action takers here under; provided, how4rler, that Seller and Buyer shall have rio such obligation to: delve o£ Wt5 gCee tS irldr m[il yt.8s and'hold ha less Esemvr Agent,fpi any liability incurred bra i�r�posed upon or established against it .as a result a1 ESGrowAgertt'snegligenceor willfulmisconduct, Se;e t[oIs.11. Ciotti tg? At.or be ore" Closing; Se11er shall deliver,to i3uyer a spedial. wvranty deed unless sithervsise specified do xhiale transactions, ircl0ir39 wnthout Iirn1tatiDn, a -ball of sale srn.. oth...er documents costa tlst sty execute or delivered by a seller in sunilat' d Pxhilil�t A, an owner's affidavit Berl waiver torso& (and 5llC}[:otltetlien related dooumentttttOA R8: for any per§dnai: shall. permit. the 'Properly to in of conveyed.fr& abd clear of any claim for mechanics` liens) and a nonAbreign status affidavit (pursuant, Tax Act), and Buyer shall cause to be defivered tine funds neceasi►rY is pay to Seller the 4o f#re Fvreig€i luvestment purchase Price'Me, lrasiuig eal:.Nope=rty shall be conducted by Buyer's artorhey Dt handled in 611 h other ft=nesr as the parties hereto .may " dBii. Clasing; tutless uthza €vise, agread:l a rein: he 1'rsrchase Price and nth er 3iirtcrally agree in writing: P funds :to be disbursed puisu ession shell be creel at t tb .this Afire+ mere shall inot be disbursed nnttl. t c. Huge?!; attorneys (or other. designated settlein agent's) receipt of authorizat* n do dtsbnrse all rreGssaty funds Becttbll 12= Notices: -UnIM4 otherwise provided b0reirn, all i►rrtices and ashes aammunicaxiorts:vvhtolz may be or fire required to be be in writing (which shall inalucle etoCtironic mail) and shall sae given: o] made by any party deernelYo have beett;propery the other in connex tion heruwjth shall liven and recetved:(i) oiltha date doliYered its per3oa;or (ii) aloe date deposited in Ilse i)nited 5tutes mad, registered or Gerli#ied, eNrn cciptrequ stem tD the addresses set out m Section 1(g}.tas to Seller, and in Scc6nn I(h) e8 fo: ses as.speciBed bywritten notice deiitVereci in aDcnrilance herewith, (iii) fit" ss�ch time as the settikr Buyer, .or at such other add performs the (loot act °to se d such transniissian, in a arry's sYMM Eta arty form capable of being processed by the receiving p in Section l (g).as to Sellee; and in Section. Kh) as to Buyer ak (icy} on'. to eteatronic mail address or fa - 'da1C. tl�ept75ited Q!itli YeCp 'trine number, ifagy, Provided i E;II: QVetrllglit delivery servirey addrtmed to the addresses act out in SEctiort 1(g)�As t0 Seller, antl'%iL is .. Sect on.I(h) as to Boyer, or sp other addresses ns specift d l y written notice delivered iz+ accordz lde hererfir th_ If a nonce soott,a liercif the dates of receipt pursiiant.tU this Section, from tta Il one method, it ilf* deemed received. upon the ear DS �c.6 Of 9 '- 1t Y Seller Initial - evised-I12020 712021 7t4` idlii�:wtfryt!YY1pEc9�'7Stl7dYb6+rnt�nFloaQ.F�asei:.3�ddyt�u�•IBO� 1 �1.. .. DocuSign Envelope ID: F2AB706E-2175-4F44-82F1-7CCDOOF3AOFO liSctiiba !3: CuutttcsY ffiti; Agreement, This Agwmont may be executed 11 one or morn coutttergarts, which taken together, arig,inal signat► Ye pages of this Agreement may be excfte►►tiget# via shall cgi�at tut tStlts Ar}d tli sa facstrnlle kit is iriatl, axt8 atiy. a origt[tal:documer�#_ des of 11 co r+: s ll Wristitate ort Sls, This Aggeemt. constitutes the sole and entire atgteemertif among It S .lia.. St°. in signed by all patsies hereto. lire rite parties heretoaild rin trio bf.p#re.oz cation of tltiit.A,grceiirerit SWI be binding unless writisrg:and ions of ou4 Aweement shalt. riot affectthe vtdidltyof arty oti?er provisions hereof and this :flgreetxrCrit invalidity rnom provi sl at i be constnz+ l and ertfnzc ', 's if s A valid psovisiotis were not included. Section l4,.) nforceability: fie... both ris Agreement steal) become a ;contract' when signed by both Buyer and Scott, and such sigmtrig is t 1;�� eXpxessly Agreed t13�t ItOtiGF% given in accordance with Seetiou 12 i5 not rcQuirP,d for eiietitiVB t;;otrtrnr.tnicai$d to. parties, commumcation for the putpos :bf th.is Section 14, The: parties aclrnowledge and agree that'. (l) lire inrttais:Lztes at the bottorrr 41~ each terms each page, and (ii) the.complete executiou of such page of...... ementare m iy.evidence.:oftheir }paving reviewed the of the effiectiveness of this Agreement, This Agreement sli$11 be bitidin9 upari and -inure to tilt initials liri$S shall tint bu a ca liCAetlt 01 lire 72Ytiesi ifick.ie tine of r 3itcc.MOrS and tta ipg 8no Luir pefsonai mprMcntatiVes. Sectlou 15. Adverseliutvrma on pod CoMplitracewith Laws: (� 1 '. Seiler lid&: tld actual knowledge of. (i) eoli nai nn.(s) dffQCting Or contemplated 4{Ilt'il. ...e reSpecf to the l'ropert�; (u * , ons suits or proceedings ponditig or threaten against lire Property- {iii) changes c ntempla#ed to tiny Property, or (iv) governmental special assessments,. either pending or applicable laws; ordiaandes . confuin d� for sidewalks psi . resui'ctions affecting the g, Water, server .or other irnprovcments on or adjoining the Property, tuiii tra pending to conked relating () through ntvn':SScrciation special• ents,.except as follows (Inset `1*Tnne or #sic idetttifraatian of arty ratters `k��i�t jf?pr Stir 11l8i 5 of this eminent (i) a "sp tsl assesslTletlL�` is defined .as a Gha[ge against he Property by $ gdVt riirYrOntat: fees levied with such takes, or by an oviniersr. association uthq 4 r 7tit �dclit on to as vat :. told titst�i to nxty regular ass retrt.ftuces anti rceur6B governmental service ssutt (dues), either of -which. may be alien against the Property; a special assoSsnat rtt may. lie either that lies beenpto�ed by a governmental pentjln;ttr acirtfirtned; (ii) a agoetoy u� tin vwuers` assttcla `pending onfitined" special assessment is defined as art assessuocnt aP •on far the purposes) staked, whether, at the time of Closing, it is payable in A. lamp surf or future is..defned air assesstrreritthat is ttrtdev format consideration.by a governmental. nsteilrni iatS, (7s+):$ iiwni essoGta special assessment as on b:at which 9tas not been approved prior to Closing, Seller shall :pay, in full at.Closing, all eoirf=.Od. a cy of an rs` gtiverilttien#al Or assticiatign t Cfal itsse551ttents; provided that the amount thereof cxn be reasontitily detemiined or estimated. The=. err.Buyer and Seller as to any s onttrmed apt t iai yntl of such determined r estimated amount shall be the final paymcut :t eiwi spceiai cannot be reasonably d£termine¢ etc cstirnated, the special assessrrient shall.lie p$s Smeints. if the amount. o d`a etiding ial.as; dee>rrCp arty assessment ssMeat. Buyer shall take title subject to all pending special assessments tilsclnsed by Seller herein; if (b) Ctpruni since: TO Sell s actual Itpc cyle'd Q. $Aler has complied with allappitexble-laws; ordinances, z'egulatiotts, statute$;,. the A&eMent will not r05vlt in the bteacb. of,. toles and restrictiops pertain any default iKlrlor ng. to ar affpefing the l roperty; (ii) perfarrpanre of result in the jinpositlon of any Belk or encumbrance upon the Property under any agreement or other. citTtstitute ip$tiltilTterit to avut>5 Stltei is a . pa" or bY . - which Seller or the l? is bound; and (iii) there arena legal actions, snits or. other. ` and l4es is not=award of anylacts:whicta: Wight result lt3 al or admtnr5trabve p1�4Ca gs l endit cit: threatened agaWa. Olt; WoPeftY, ip any such actin-, suit ovoib r proceed* . (c) a Mud ' : ,If the Aropeity is subject 10 regulation by an owners' association, Sella shall deliver the follawjl� g listed therein (or seller shall S#stee that Seller tines not have same in their tnfarmation to Buyer purse or that such iteYrfT t0;Ssctton;4 as if Lire same were iaf.r lse4ble): (i) the name of the owners, association, (ii) the amount of regular assessments (dues); pi19SC5510n 1hC Tlar[lE, address and telf1L iltiir►bCd °t1f tll♦w resident of the ovmers' association or of the association Manager Or management, (vi) tire. master lasurance policy shoW ir8. t pxripany; tV). the +7WYte.[S�ClaUait the coverage provided Muddeductible lVEliSite address; (v) the Sailor's statement of account; arnount; (vit) copies of any Declaration and/or Restrictive Covenants :(vrn} the Rules and the current fittancral statemerii and budget of Reritletions, (ix) the Axticlf on �dit�eG Irfcorpotstiaat, and F3yla�vs of the pwners` assu4ialion,.(x idehrtes Seller euthenics anti J�UWncitmpan of the owners y instnutce WmPaay and arty:attamey'olls viilo tbly ownCrsaussooia has represented n, ai0. it!> i?emcntthe association e. Seller to �0} * to iiuyauduyees agents,closing attorney nr l eT tr1�t and 2Ce71catC ypmviously copies of the foregoing treat .... ..:. thereto.e, affiect3iig.tixe , .. _city, teal uXg BmY: a.::..hiattrientaa os ge'I of 9. uy �- -�- IS lier'biti ,. STANDARD I7ORNS SB(!-lC Revised 71202.0 6 712U21 . .-- h� 1u074FilEe&�trFk,RnYdr.FY85er6A.lelu9?nd8028 �4.�.,471BARl53CE4�G i DocuSign Envelope ID: F2AB706E;-2175-4F44-82F1-7CCD90F3AOF0 by. the Section 16. Survival of step fsitt~l11a,and warranties- All t^presentativns, warranties, cove�taiTtN and agreements m wff�tout parties iaereto.3hell;survive the losing and delivery of.tht deed: Seller sltaii, ai or Within six td) rxloi►tlrs after the Closing,. parties eottsa`.der.611. 8 , . .. e;' . anwledga aiid deli veM to Bayer such other dmwnents and inst mm.MM awed take such Other;mA61% as 'Buyer may reasonably mgims or as tray hC i�ecessarry to more .e.ffecovely transfer 10 13t►yer :the Property dtisgnbed herein iit nccordancb wrth twbis A$memeu 'i7te � of rer.trr�ng'5uC A;�emgn� ate aCw`h ipstrum p�'1'orvvhautIt trrslle`.s kdi►rr 22 Br(ikersi Excep any and all claiins of broken tit ising,tSyt of the sale t3f,tlte dcsEgn*d under Section 1(# be idvolved .in this transacti hp lrn ots;s urttx as ar is :Agrrietley►t shall be carxtstrUed nnrier tlae lavws of the state in vhiirhSlie I'?plt eltY is-fdcated. this. use in xeemegi'rti'ImPty Vie: fn tiit'event l uye► or Seiier desires to effect a;:iatc drArt d exehauge in enurlection with.the er [er agree t ► cobperace ixi dfecting such excltauge provided, however, that the exchang,utg ntldltrottatt';+Cosia . octated w l Vch;-xcllange, and piovided fut#itc[ that a n€in-exchanging g&ttY Nobility *i* )'aspen to such taa�defbrrmd exchmige. Seller and Bnyet that] eaeairtc such additional�itsa attgtngpariy, . ehali b.e rqtlired to give affect to'this prgv 3iiit}, ontraet Upon mquest'by either pasty; the parties hereto shall execute -a rneindrandW of eontraat in :1t :pCAvaf it hs tleieof:(other than tiro Parobase I'riGe and other turns dI }.: a8 either party t► y wish :ttl p r tt ct tiro]] eoitlain a statment that it alltaittadCallY tcrmrnates snd'tlte Property is released Erato date to be siated rti the me.inorandurtt {which spevific date shall be no later than 111e date of Cloy ftg}. ►xandum of contract shalt lte hornabY tare party requesting. execution, of same. i$tisttbey to this Agreeixtent. repcgsetifs %W Wmants; tbat-lte qr: she lies fnli. authority to 'sign. tilts 3 aS:may be tteeessaty to .effeccoatetoplate itrnte auy sa tiotr aj by, AWs Ageehmertt on behalf of iiie ud tbatiiis;tit'h6r sigaatme hinds sud%ps�tY. r:exprewYProvided ] min, Bayer and Seller. agree to indtmn6 and.bold each otbcr harmless ft90i onsmtat is or real estate agents by; through or under the Ittdemjftjf ins party for fees.or eoiurniss pps iperty to Buyer. Buyer and Sailor represent and wamnt to each uthol';that' (i) except as to rise Brokers t:tilis AgrtdYilent, they have not employed ttor engaged any brokers, eonsultants pr Tcal estate agents to atui (ti) #hraf the cort;pgnSatton of the )Bvokm is established by and shall be governed by separate. agSM 3ra'kers, llte Super ai tifoX tkte Seliero g'Pady; legal firot:aedings ate t€�shtptt(.i'to e#tfprce any provision oithis Agreement the p rcvadnt ttt rer f[gra, the n ►n prexailirig.parly reas9uatile afccs and court Cos inctureit in cortttecfEQp tLpn►eys AI'S 1C STjJCCQ: If the adjacceht box: is checked 5610 dhddses that the property has been clad priaviaus� citlzer m ixrltol.e in Part) vn#1t an "exterior emulating and tinishirtg system" corrtmonly knnwxt as "l lFS" 13r "synthetic: atytCco": Seller' males nor esentations oR rxrarrettties rc asrdlzig such system and fsuyer is advised to make its owtt-independent. d8t9.rrninatto.+as With respsct t conditions relatt d.to:f;r {aeGassratted by ttw existent a of Such materials at the Property: TM,NORTH CAltO Ni4 ASS, All.. ClF REAL'IQXt$0, INC- AND THE NOtTll CAROL'NA BAR ASSflCIATIbN 1Vj7 T3. 41" Fi SI?NTA TON AS TO1HELEGAL VAIIDTIY OR. ADEQUACY Cl ANY PIZt7V1$I()N:OPTIilS FORM IN ANY r31a$i FIC TRANSA iON. 1P YOU D4 N(1'l UNDERSTAND THIS FORM OR Fps THAT 1T i�(lE5 NOT PROV 1DE fop, Y0i31Et; LGAT NEE , 4it7U SHQU I U G 1SULT A NO RTT4 CAROLINA, REAL ESTATE An'ORNEY' BEFOR9 YG_U SIGl�1IT: 8 of 9 S.eiler7nifiaisC:2t_ c�;1'AIIORE STet►t*I11rA" FORM 5804. Revised 7M2O 071 02k lIYAux-to RU Mt. Tt€divi€unX %divti" ROO . - ButhiessEntity $u3nne City GLANLjONI lE �fJZTY i C :.:...:. MO GAN:P�t�PER Li;Gi ...... --- _ �T @iF ,.' " ... A4F82DD6489847fi..: ' " Name �EBC3RA�H MpRGAN Tide: Mp,NfB M "tom Tioe. MEl4MBER- MANAVAR 7/30/2021 Date, .; :, :.. _ pair:: :. EitADVVARNIl�iG . `�'© Auyers ef'�p grading -� ny:tti�xe, yore itga -Galt "the closing iig4'ttt�$ O1 1G8 t4 ".verifj% tliS iststYttct ons. 1F you Y�C IVB Wtrftlg account ntt't� W tbq should be presumed fmuduleek Do, ut send instructions for. a 40roent .b® branCh locab, kbdouat Hamra qu. " any funds gad cogtai(Ne Cios . -g agent's 0#1"ice utltkied lte4y. I a Selt�rs; if your prc edl : ill be v igi 1, it is"reComrne11ded that yoW.provide wiring iosimetiOn�s a�E'olosibg'in W> him in the presence< to original notarized directive to the Closing of the closing agent: if you unable Ixr Mend closing. yrsu nlay be requimd send an dircctive may be sent with the deed,. lien Waiver and tax fgrms if those, agEDt'.S old Ct►ntaw�ng:ihe dOC{IiIlCDtB$ 01n �nng mstreCtuuns. 71as iOt 'you by #lze Closlag agent At.a >ltinimum, you should call the djos* agccit'S oBice to provide the; tale %�e13 $ [3SiSC8 bCF- :. ll,�i VJI[8 i Sl5[nlld be vetified.over the telepbolle VO a Gklll, t0.}!Q4 i0itia"' GlOSIiS edsut<e-t}al tbtey�re nat:'froti� freu�ll�t source. Whether yuv arr. a buyer nr seller', you should 001 rile closing a0cnt`s o11"lce at a nuitlbez that is iIIdepeudentty:obtltined:,Ta ensure from ihe:closing ageneg O-Mce,.ynur resl'es4aEe that your Cnnfact is lcgitiit►a , qon should not rely uti a phOiLo bumber tin att _emeil l~tte nd$a hey.: tVw?lelg �ExCeat iRf the Egrntet l�toey Set forth Therein end akgre8 i mold said:e3t il3onea nCCUrtianCe W l is tClltl� eiif 3 f _ ' 4f �SCrow Agent) . By ". $�ro1W:l��@�`.& Go¢tt�et��gt► rn£ortlA�q#i is �� f(Slit�iN9;.: `.. " . ... ", faitutunbec " ."" t l [i5 g ritay be:Gh O UT$ti .tj0 Sego(1fY-12; :. " S'CA1Eilb If RM. Revised 7/2020 �s1/2021 _ ::... "': -. " '.-.. 1vfii�pFam��7�PL� �floYtll�ll�lMte,Raidireset,;Mliliiga�t%1Bb?eBl11YE5-0>�RR� mi w )«< �°. }2\ a ,, �� }. \\ - k - \ }\ �- Z < 7: