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HomeMy WebLinkAboutSWA000186_Property Deed_20230302Book 3671 Page 362 FORSYTH CO. NC FEE $26.00 STATE OF NC REAL ESTATE EXTX $1700.00 PRESENTED & RECORDED 01 /24/2022 08:14:47 AM LYNNE JOHNSON REGISTER OF DEEDS BY: CHELSEA B POLLOCK DPTY BK: RE 3671 PG: 362 - 369 This instrument prepared by: Hugh B. Campbell, III a licensed North Carolina attorney. Delinquent taxes to be paid by the closing attorney to the county tax collector upon disbursement of closing proceeds Stamp: $1,700 REID 5899603203000 PIN # 5899-60-3203 Prepared by Campbell Law Group, PLLC of Mount Airy, NC, PO Box 1846, Mount Airy NC 27030 and return to: HUGH B. C4MPBELL, lll, Attorney at Law; e-record to Campbell Law Group, PLLC NORTH CAROLINA GENERAL WARRANTY DEED 1--� THIS DEED is made this. da of January, 2022, by and between the following: GRANTOR: SOUTHEAST LAND HOLDINGS LLC, a North Carolina limited liability company, whose address is: 877 OLD CEDAR CIR, YORK SC 29745, (the "Grantor") TO GRANTEE: COC INVESTMENTS LLC, a North Carolina limited liability company whose address is: 2049 West Pine Street, Mount Airy, North Carolina 27030 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 of which is hereby acknowledged, has and by these presents does grant, sell and convey unto the Grantee in fee simple, all that certain lot or parcel of land situated in OLD RICHMOND_ Township, FORSYTH County, North Carolina, and more particularly described as follows: AS DESCRIBED ON EXHIBIT "A" WHICH IS ATTACHED HERETO AND INCORPORATED HEREIN BY REFERENCE AS IF FULLY SET OUT. Property Address: 6775 and 6785 Reynold Road, Salvage Yard Parcels 1-5 Page 1 of 6 submitted electronically by "Campbell Law Group, PLLC" in compliance with North Carolina statutes governing recordable documents and the terms of the submitter agreement with the Forsyth County Register of Deeds. Book 3671 Page 363 Some or all of the premises hereinabove described was acquired by Grantor by instrument recorded in Book 3143 , Page_1525 , FORSYTH County Registry. TO HAVE AND TO HOLD the aforesaid lot or parcel of land, including all improvements located thereon, and all privileges and appurtenances thereto belonging to the Grantee in fee simple. Together with all right, title, and interest of Grantor in and to any rights -of -way abutting or adjoining the Property, and all rights privileges, easements, and appurtenances thereto belonging and not elsewhere herein excepted. The Grantor covenants with the Grantee that Grantor is seized of the premises in fee simple and 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 except for any exceptions herein stated: SEE EXHIBIT A FOR ANY APPLICABLE EXCEPTIONS INTENTIONAL DRAFTING BREAK. REMAINDER OF PAGE BLANK Page 2 of 6 Book 3671 Page 364 SIGNATURE PAGE NORTH CAROLINA GENERAL WARRANTY DEED GRANTOR: SOUTHEAST LAND HOLDINGS, LLC, a North Carolina limited liability company GRANTEE: COC INVESTMENTS LLC, a North Carolina limited liability company ADDRESS: 6775 and 6785 Reynolda Road, Salvage Yard Parcels 1-5 PIN 5899-60-3203 The undersigned, REBECCA ADKISON, executes this North Carolina General Warranty Deed as manager of SOUTHEAST LAND HOLDINGS, LLC. This conveyance is in furtherance of the winding up of the affairs of the company after its dissolution in accordance with 57D-6-07. The authority for her execution on behalf ofthe Limited Liability Company is by and through a Resolution of SOUTHEAST LAND HOLDINGS, LLC dated on or about January 18, 2022 and duly executed by all members and managers of the Company. Copy attached as Exhibit B IN WITNESS WHEREOF, the Grantor has caused this instrumentto be duly executed by its Manager as the act and on behalf of this limited liability company the day and year first above written. SOUTHEAST LAND HOLDINGS, LLC, a North Carolina limited liability company By: REBECCA ADKISON Its: Manager To facilitate the accurate appraisal of real property for taxation, N.C.G.S. §105-317.2 now requires the Grantor to state whether the property includes the primary residence of the Grantor. This is to certify that the property described above does or- XXT does not contain my primary residence. lse&4 � (!A: " d::P c 4n9 STATE OF NGR-T`I+GARGL-WA COUNTY OF I, _ Vv the undersigned, being a duly commissioned Notary Public acting in the abov4 county and state, do hereby certify that REBECCA ADKISON, being first duly sworn by me, personally appeared before me this date, certifying that he/she is Manager of SOUTHEAST LAND HOLDINGS, LLC, a North Carolina limited liability company, and that REBECCA ADKISON voluntarily executed the foregoing North Carolina General Warranty Deed in the capacity stated as the dulyauthorized act and on behalf of said limited liability company for the purposes stated therein. Witness my hand and notarial seal, this the Z.d DAY OF JANUARY_ 2022. lic Jr M Notary Commbssion Expires: a,'C`/`SIA4/ 0iS'11" Y p ,Q i e PUB\, =� /V Page 3 of 6 "Jill''""'�� Book 3671 Page 365 EXHIBIT A NORTH CAROLINA GENERAL WARRANTY DEED PAGE 1 OF 2 GRANTOR: SOUTHEAST LAND HOLDINGS, LLC, a North Carolina limited liability company GRANTEE: COC INVESTMENTS LLC, a North Carolina limited liability company BRIEF DESCRIPTION FOR INDEX REID 5899603203000 PIN # 5899-60-3203 Current Property Owner SOUTHEAST LAND HOLDINGS LLC, a North Carolina LLC ADDRESS: 6775 and 6785 Reynolda Road, Salvage Yard Parcels 1-5, Pfafftown, NC PIN 5899-60-3203 PROPERTY DESCRIPTION A certain tract or parcel of land containing 29.441 acres, more or less, accordingto the re- survey of parcel previously described in Book 3143, Page 1530, Forsyth County Registry, lying and being in Old Richmond Township, Forsyth County, North Carolina, and being more particularly described as follows: THE POINT AND PLACE OF BEGINNING is that existing 3/4" iron pipe (buried) situated between a power pole and guy wire on the northern right-of-way of NC Highway 67 ("Reynolda Road"), witnessing the common corner (front) with that property described in Plat Book 0061, Page 0079, Forsyth County Registry. Said POINTAND PLACE OF BEG INNING has NC GRID coordinates N:889832.625 and E:1595594.551. Proceeding thence from said POINT AND PLACE OF BEGINNING North 242 15' 50" East a distance of 166.02 feet to an existing 3/4" iron pipe; thence North 602 15' 23" West a distance of 146.42 feet to an existing 3/4" iron pipe; thence North 479 47' 46" West a distance of 218.75 feet to an existing 1" found iron pipe (%" above ground); thence North 002 00' 06" West a distance of 176.02 feet to an existing iron stake (buried), a control corner, having NC GRID coordinates N:890379.616 and E:1595373.636 witnessing the northwest corner of the 29.441 acre tract described herein; thence South 89914' 44" East a distance of 1021.61 feet to a 3" iron pipe; thence South 899 05' 18" East a distance of 66.62 feet to a toy car wheel and axle in fence; thence South 899 30' 36" East a distance of 576.87 feet to an existing %" iron pipe (control corner) witnessing the northeast corner of the 29.441 acre tract described herein. For reference, said northeast corner has NC GRID coordinates N:890370.038 and E:1597038.662. Thence from said northeast corner South 019 34' 36" West a distance of 869.92 feet to an existing iron rebar (buried) southwest of corner of a stockade fence; thence South 899 02' 12" West a distance of Page 4 of 6 Book 3671 Page 366 563.92 feet to an existing iron pipe (buried); thence South 012 44' 48" East a distance of 184.14 feet to an existing iron pipe situated on the southwest side of corner of a chain link fence; thence South 352 58' 12" West a distance of 82.89 feet to an existing iron pipe found in the northern right-of-wayof Reynolda Road at NCGRID coordinates N:889239.826 and E:1596407.771; thence with said right-of-way North 532 54' 35" West a distance of 1006.35 feet to the point and place of BEGINNING, containing 29.441 total acres, more or less, according to the map of survey prepared by Kinder Land Surveying under the supervision of Franklin G. Kinder, surveyor, NCPLS #4462, on December 09, 2021 revised January 10, 2022 that is entitled "Plat of Survey Showing 29.441 Total Ac." prepared for COC Investments LLC. A copy of said map is attached hereto as a part and in aid of this description. This survey was prepared using NC Grid coordinates determined by NAD83(2011) using a combined grid factor(s) 0.99996517 THIS CONVEYANCE IS SUBJECT TO the following: All public roadway rights of way and public utility easements Easements, restrictions, covenants and all other matters of record. Taxes for the year 2021, to the extent not yet paid, and subsequent years. Zoning and regulatory matters AND BEING FURTHER SUBJECT TO rights of others as may exist in and to the use of the 60 foot easement for road right of way identified and described in Deed Book 0621, Page 137; Deed Book 857, Page 63; and Deed Book 856, Page 129, Forsyth County Registry. See also Book 1822, Page 0213, Forsyth County Registry. ********** Page 5 of 6 Book 3671 Page 367 TIf'? JAP MAY NOT BE A CERTIFIED SUI�V17 ';ND HAS ,N'GT 'PEEN RE�iIEWED BY A LOCAL sOVFk`hfity t I AGENCY FOR. COWLIANCE WITH AN _a1.-UC*ABLE LAND DEVELOPMENT Rl' -i ' /+:;'RO, S AND ILAS NOT BEEN REVIEVrT;D F()R CO:"sP.',TAXCT'VVTITIRECORDT dGRTr'3L'fRLirlE?TTiFCiR P1.A TS. Book 3671 Page 368 DocuSign Envelope ID: A2769E68-9E94-4149-99B8-0506E78DE231 SIN I RESOLUTION TO SELL REAL PROPERTY SOUTHEAST LAND HOLDINGS, LLC The undersigned, being all of the members and managers of SOUTHEAST LAND HOLDINGS, LLC a North Carolina limited liability company (the "Company'), hereby waive notice and meeting and do now consent to and adopt the following pursuant to the Company's Operating Agreement: We, the undersigned, do hereby certify that: Company is the fee simple owner of a certain tract or parcel of land containing approximately 29.62 acres, including certain improvements located thereon, identified as tax parcel #5899-60-3203 and commonly known as 6775 and 6785 Reynolda Road, Pfafftown, North Carolina 27040 in Forsyth County, North Carolina (the "Premises). The undersigned hereby certify that the following representations regarding the Company are true, accurate and complete to the best of their knowledge: • Company is a limited liability company which has been administratively dissolved by action of the Secretary of State of North Carolina. • Company has full power and authority to own its properties and to transact the business in which it is presently engaged in connection with the winding up of the affairs of the Company. • Company has full power and authority to execute and deliver the Closing Documents (defined below). • Consummation and performance by Company of the transactions contemplated by this Resolution have been duly and validly authorized by all necessary actions (including, without limitation, approval by the Members). • The consummation and performance by Company of the transactions contemplated by this Resolution do not conflict with the Company's Articles of Organization or Operating Agreement. This Resolution has been duly and validly executed and delivered on behalf of the Company. • The members listed below represent 100% of the Membership Interest of the Company. • This Resolution now stands or record in the books of the Company, is in full force and effect, and has not been modified, suspended or revoked in any manner whatsoever. Company has agreed to sell the Property to JOE DOBBIN (or his assignee) for the sum of $850,000.00 pursuant to the terms of a written contract dated , 2021 (the "Purchase Contract"). In connection with the closing contemplated herein, the undersigned have reviewed the Purchase Contract, the North Carolina General Warranty Deed, FIRPTA Certification, Indemnity Agreement and Lien Waiver, Assignment and Assumption of Lease and 1099 Reporting Data Sheet (the "Closing Documents"). Page 1 of 2 Book 3671 Page 369 DocuSign Envelope ID: A2769E68-9E94-4149-99B8-0506E78DE231 NOW, THEREFORE, BE IT RESOLVED, That the Company is authorized to sell the Property as set forth herein. REBECCA ADKISON, as the manager of the Company, shall be and is hereby authorized, empowered and directed for and on behalf and in the name of this Company (1) to execute and deliver to Buyer the Closing Documents, including any additional document that the closing attorney may determine to be necessary, desirable, expedient or proper in order to consummate sale of the Property described above. RESOLVED FURTHER, that the sale of the Property is in furtherance of the winding up of the business affairs of the Company following dissolution. 4. RESOLVED, FURTHER, that these resolutions may be signed in any number of separate copies, each of which shall be effective as an original, but all of which taken together shall constitute one document. An electronic transmission by PDF or other electronic transmission of this document or any related document shall be deemed an original and shall be admissible as evidence of the document and the signer's due execution. 4. It is understood by the undersigned that the closing attorney and title company will rely upon the representations contained herein. As such, the undersigned will indemnify such parties against any claim or loss resulting from any false statement contained herein. IN TESTIMONY WHEREOF, I have hereunto set my hand and attest that date set opposite my signature is the date of execution. I further certify that I have read all of the provisions of this Resolution, and I personally and on behalf of the Company certify that all statements and representations made in this Resolution are true and correct. CERTIFIED AND ATTESTED BY: SOUTHEAST LAND HOLDINGS, LLC, a North Carolina limited liability company DocuSigned by: 1/19/2022 QA-SOIn (seal) ... DATE 77ffW4CA 1/19/2022 (seal) MEMBER MEMBER DATE ( seal) DATE Page 2 of 2