SW1230601_Property Deed_20231030

Type: CONSOLIDATED REAL PROPERTY
Recorded: 6/30/2017 12:38:16 PM
Fee Amt: $26.00 Page 1 of 10
Revenue Tax: $0.00
Buncombe County, NC
Drew Reisinger Register of Deeds
BK 5565 PG 1196 - 1205
There are no delinquent taxes that are a lien
the parcel(s) described in the deed which the
Buncombe County Tax Collector is charged
with collecting.
06-30-2017
Date Deputy Tax Collector
NORTH CAROLINA SPECIAL WARRANTY DEED
Excise Tax: $ 0.60
Parcel Identifier No. See Exhibit A. by County on the day of ,20 By:
Mail/Box to: Grantee
This instrument was prepared by: Hamilton Stenhens Steele kf Martin. PLLC (KAM.201 $. College Street,.Suite 2020,Charlotte,
NC 2$244-2020.
Brief description for the Index: Asheville Airport
11411
THIS DEED made this day of , 2017, by and between
GRANTOR GRANTEE
THE CITY OF ASHEVILLE, NORTH CAROLINA a North ti GREATER ASHEV1LE REGIONAL
Carolina Municipal Corporation AIRPORT AUTHORITY, a body corporate and politic in
the State of North Carolina
Address; 70 Court Plaza
Asheville, North Carolina 28801 Address: 61 Terminal Drive
Fletcher, North Carolina 28732
Enter in appropriate block for each Grantor and Grantee: name, mailing 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 of which is hereby acknowledged,has and
by these presents does grant,bargain,sell and convey unto the Grantee in fee simple,all that certain lot,parcel of land or condominium
unit situated in the City of Asheville, Township, Buncombe County, North Carolina and also in Henderson County,
North Carolina, and more particularly described as follows:
SEE EXHIBIT B. ATTACHED HERETO AND MADE A PART HEREOF.
The property hereinabove described was acquired by Grantor by instruments recorded in (Book and Page) SEE EXHIBIT C.
ATTACHED HERETO AND MADE A PART HEREOF..
A map showing the above described property is recorded in Map Book , page
(00359390.DOC V. C414.020060 j
NC Bar Association Form No. 6© 1/1/2010,2013 This standard form has been approved by.
Printed by Agreement with the NC Bar Association North Carolina Bar Association-NC Bar Form No. 6
submitted electronically by "Patla, Straus , Robinson & Moore , PA"
in compliance with North Carolina statutes governing recordable documents
and the terms of the submitter agreement with the Buncombe County Register of Deeds .
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PP% MICP
All or a portion of the property herein conveyed [ includes or ® does not include the primary residence of a Grantor.
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 determinable.
And the Grantor covenants with the Grantee, that Grantor has done nothing to impair such title as Grantor received,and Grantor will
warrant and defend the title against the lawful claims of all persons claiming by, under or through Grantor, other than the following
exceptions:
1. All easements, covenants, conditions, and restrictions of record and affecting the Property_
2. Any and all recorded and unrecorded leases affecting the Property.
3. The lien of ad valorem taxes for the year 20l7 and subsequent years.
4. Matters that would be disclosed by a current and accurate survey of the property,
5. Zoning, environmental, land use, and building laws, regulations, and ordinances.
6. The matters set forth on Exhibit D_
[SIGNATURES ON FOLLOWING PAGE]
{00359390.DOC V. C414.020060;}
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P 33 &ill&
IN WITNESS WHEREOF, the Grantor has duly executed the foregoing as of the day and year first above written.
THE CITY OF ASHEVILLE, NORTH CAROLINA
By:
STATE OF NORTH CAROLINA
COUNTY OF EUNC 0d4/1 66
1,dgeLeUctiwA D FariAle r , a Notary Public of Eve c 6 VIT Le County,
[NOTARY SEAL] State of b1-.14 avJ tc , certify that C'wy Wk c 1rra..(the "Signatory"),
(MUST BE FULLY LEGIBLE) personally came before me this day and acknowledged that he is the City Manager of THE CITY
OF ASHEVEILLE,NORTN CAROLINA a North Carolina municipal corporation, and that he,
as City Manager, being authorized to do so, executed the foregoing on behalf of the City.
I certify that the Signatory personally appeared before me this day, and (check one)
(I have personal knowledge of the identity of the Signatory); or
(I have seen satisfactory evidence of the Signatory's identity, by a current
state or federal identification with the Signatory's photograph in the form of: (check one)
a driver's license or
in the form of ); or
(a credible witness has sworn to the identity of the Signatory).
The Signatory acknowledged to me that he/she voluntarily signed the foregoing
instrument for the purpose stated and in the capacity indicated.
Witness my hand and official stamp or seal this A.. day of , 2017.
FA,� //•
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{00359390.DOC V. C414.020060;}
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EXHIBIT A
TAX PARCEL NUMBERS
The Following is the PIN for each Tract described on Exhibit B herein:
Tract 1: AIRPORT RUNWAY; and
Tract 2: AIRPORT MANUFACTURING AREA;and
Tract 3: AIRPORT SMALL TRACT
PIN 9643-52-1970-00000, Buncombe County, NC Tax Office
Tract 4:
PIN 9642-66-6603 and PIN 9642-76-4805, Henderson County, NC Tax Office,
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Exhibit B
Legal Description
Lying in the City of Asheville, Buncombe County, North Carolina and also lying in Henderson
County, North Carolina and being more particularly described as follows, and with regard to
Tract 1, Tract 2, and Tract 3 described herein, the description being the signed and sealed
dictation of a licensed surveyor, Beth B. Gilliam, PLS, NC L-3933, taken from an unrecorded
map entitled, "Survey For Delta Airport Consultants, Inc. of the Asheville Regional Airport,"
dated March 22, 2012, prepared by Beth B. Gilliam, PLS, NC L-3933, and which is more
particularly set forth as follows:
Tract 1: AIRPORT RUNWAY
Beginning at a concrete monument, said point being the POINT OF BEGINNING; thence
North 23°48'15" West, a distance of 545.26 feet to a point; thence South 68°17'49" West, a
distance of 49.99 feet to a point; thence South 68°17'28" West, a distance of 49,99 feet to a
point; thence South 21°42'12" East, a distance of 64.26 feet to a point; thence South
88°23'08" West, a distance of 18.34 feet to a point; thence South 21'1815" East, a distance of
12.14 feet to a point; thence North 84°28'31" West, a distance of 1,158.73 feet to a point;
thence North 51°15'11" West, a distance of 698.44 feet to a iron pin; thence North 49'52'18"
West, a distance of 229.85 feet to a iron pin; thence North 46'51'29" West, a distance of
250.28 feet to a point; thence North 42'16'37" East, a distance of 1,329.48 feet to a concrete
monument; thence North 4730'40" West, a distance of 346.16 feet to a point; thence North
25°47'13" East, a distance of 92.32 feet to a point; thence North 25°30'54" East, a distance
of 50.85 feet to a point; thence North 34°39'27" East, a distance of 820.60 feet to a iron pin;
thence North 42'51'14" East, a distance of 60.77 feet to a point; thence North 62°31'05"
East, a distance of 125.90 feet to a point; thence South 75°53'46" East, a distance of 84.59
feet to a point; thence North 18'0735" West, a distance of 508.18 feet to a iron pin; thence
continue northerly along said line, a distance of 2,813.75 feet to a point; thence North
84'10'06" West, a distance of 884.31 feet to a concrete monument; thence South 01'42'53"
West, a distance of 30.03 feet to a concrete monument; thence North 88°09'21" West, a
distance of 1,086.96 feet to a iron pin; thence South 02°17'04" West, a distance of 741.50
feet to a point; thence North 76°47'01" West, a distance of 296.63 feet to a iron pin; thence
South 80°11'23" West, a distance of 165.10 feet to a point; thence North 81°46'07" West, a
distance of 70.24 feet to a iron pin; thence South 81°37'36" West, a distance of 377.64feet
to a point; thence South 78°18'48" West, a distance of 23.47 feet to a point; thence North
05°00'46" East, a distance of 100.22 feet to a point; thence North 14'27'12" West, a distance
of 20.58 feet to a point; thence North 04°48'55" West, a distance of 128.60 feet to a point;
thence North 11°17'00" West, a distance of 114.41 feet to a point; thence North 12°02'24"
West, a distance of 105.71 feet to a point; thence North 15°55'18" West, a distance of 53.21
feet to a point; thence North 16°00'58" West, a distance of 112.91 feet to a point; thence
North 14°56'35" West, a distance of 176.06 feet to a point; thence North 15°38'46" West, a
distance of 161.48 feet to a point; thence North 12°57'23" West, a distance of 118.75 feet to
a point; thence North 09°49'08" West, a distance of 128.45 feet to a point; thence North
11°25'59" West, a distance of 133.25 feet to a point; thence North 1395'42" West, a
distance of 191.56 feet to a point; thence North 13°40'07" West, a distance of 421.63 feet to
a point; thence North 11'39'42" West, a distance of 169.82 feet to a point; thence North
22°23'00" West, a distance of 28.23 feet to a point; thence North 14'05157" West, a distance
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of 31.96 feet to a point; thence North 19°25'23" West, a distance of 65.35 feet to a point;
thence North 21'14'19" West, a distance of 51.07 feet to a point; thence North 23°07'00"
West, a distance of 57.73 feet to a point; thence North 20°02'17" West, a distance of 37.78
feet to a iron pin; thence South 84°37'14" East, a distance of 2,695.69 feet to a iron pin;
thence North 05°33'08" East, a distance of 212.71 feet to a concrete monument; thence
North 87°11'26" West, a distance of 83.27 feet to a point; thence North 05°22'44" East, a
distance of 32.47 feet to a iron pin; thence North 84°25'16" West, a distance of 206.96 feet
to a point; thence North 05°28'44" East, a distance of 29.98 feet to a iron pin; thence
continue northerly along said line, a distance of 212.22 feet to a iron pin; thence North
84'37'30" West, a distance of 49.26 feet to a concrete monument; thence North 06°24'20"
East, a distance of 430.86 feet to a iron pin; thence continue northerly along said line, a
distance of 59.99 feet to a iron pin; thence continue northerly along said line, a distance of
437,14 feet to a concrete monument; thence South 83°31'25" East, a distance of 149.38 feet
to a iron pin; thence North 05°17'54" East,a distance of 100.00 feet to a point; thence North
26°34'38" West, a distance of 404.33 feet to a iron pin; thence North 84°50'14" West, a
distance of 685.21 feet to a iron pin; thence North 02°43'53" East, a distance of 473.86 feet
to a point; thence South 84°31'00" East, a distance of 424.08 feet to a point; thence North
25°52'04" West, a distance of 258.55 feet to a point; thence South 29°23'03" West, a
distance of 30.68 feet to a point; thence South 65°44'00" West, a distance of 108.66 feet to a
point; thence North 35°31'00" West, a distance of 49.28 feet to a point; thence South
61°45'00" West, a distance of 105.62 feet to a point; thence North 31°40'00" West, a
distance of 51.84 feet to a point; thence South 59°06'11" West, a distance of 267.55 feet to a
iron pin; thence North 83°25'00" West, a distance of 238.99 feet to a point; thence continue
westerly along said line, a distance of 46.59 feet to a iron pin; thence continue westerly
along said line, a distance of 540.54 feet to a point;thence North 76°24'00" East, a distance
of 413.38 feet to a point; thence North 641'29'00" East, a distance of 166.50 feet to a point;
thence North 53°41'00" East, a distance of 241.46 feet to a point; thence North 68°20'00"
East, a distance of 295.73 feet to a point; thence North 69°20'00" East, a distance of 114.12
feet to a point; thence continue easterly along said line, a distance of 180,24 feet to a
point; thence North 66°09'00" East, a distance of 373.17 feet to a point; thence North
70°11'00" East, a distance of 77.85 feet to a point; thence North 68°52'36" East, a distance
of 57.78 feet to a point; thence North 57°50'17" East, a distance of 70.22 feet to a point;
thence North 45°01 '25" East, a distance of 337.42 feet to a point; thence North 47°31'41"
East, a distance of 269.11 feet to a point; thence North 71°58'03" East, a distance of 101.35
feet to a point to the point of curve of a non-tangent curve to the right, of which the
radius point lies South 35°30'20" East, a radial distance of 1,719.07 feet; thence
northeasterly along the arc, through a central angle of 02°42'S4", a distance of 81.46 feet to
a point; thence North 561'26'05" East, a distance of 224.14 feet to a point; thence North
5707'25" East, a distance of 105.46 feet to a point to a point of curve to the left having a
radius of 559.88 feet and a length of 113,88 feet; thence northeasterly with a chord of 113.69
feet to a point; thence South 69°13'04" East, a distance of 236.39 feet to a point to the point
of curve of a non-tangent curve to the left, of which the radius point lies North 20°46'58"
East, a radial distance of 184.96 feet; thence easterly along the arc, through a central angle
of 67°57'44", a distance of 219.39 feet to a point; thence North 42°49'16" East, a distance of
137.40 feet to a point; thence South 29°09'10" East, a distance of 262.12 feet to a point to
the point of curve of a non-tangent curve to the right, of which the radius point lies South
60°50'49" West, a radial distance of 399.91 feet; thence southerly along the arc, through a
central angle of 24°00'37", a distance of 167.59 feet to a point to the point of curve of a
non-tangent curve to the left, of which the radius point lies North 84°51'25" East, a radial
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distance of 1,669.63 feet; thence southerly along the arc, through a central angle of
17'0042", a distance of 495.73 feet to a point; thence South 22'09'17" East, a distance of
63.23 feet to a point to a point of curve to the right having a radius of 1,549.66 feet and a
length of 155.75 feet; thence southerly with a chord of 155.69 feet to a point; thence South
16'23'46" East, a distance of 245.20 feet to a point to a point of curve to the left having a
radius of 649.86 feet and a length of 231.53 feet; thence southeasterly with a chord of
230.31 feet to a point to the point of curve of a non-tangent curve to the right, of which
the radius point lies South 53°11'24" West, a radial distance of 899.80 feet; thence
southeasterly along the arc, through a central angle of 14°41'31", a distance of 230.73 feet
to a point; thence South 22°07'04" East, a distance of 83.67 feet to a point; thence North
84°36'12" West, a distance of 33.82 feet to a point; thence continue westerly along said
line, a distance of 737.94 feet to a concrete monument; thence South 04°19'58" West, a
distance of 804.55 feet to a iron pin; thence South 84°00'05" East, a distance of 1,168.40 feet
to a iron pin; thence South 21'15'59" East, a distance of 1,446.23 feet to a concrete
monument; thence South 21°29'34" East, a distance of 176.00 feet to a concrete monument;
thence South 22'48'53" East, a distance of 642.92 feet to a concrete monument; thence
South 16°46'26" East, a distance of 194.70 feet to a concrete monument; thence South
15°48'26" East, a distance of 493.23 feet to a concrete monument; thence South 17°32'45"
East, a distance of 140.09 feet to a concrete monument; thence South 26°45'23" East, a
distance of 83.22 feet to a concrete monument; thence South 35°11'26" East, a distance of
138.78 feet to a iron pin; thence South 36°56'57" East, a distance of 46.01 feet to a iron pin;
thence South 21°28150" West, a distance of 38.92 feet to an iron pinto the point of curve of
a non-tangent curve to the left, of which the radius point lies South 70°06'10" East, a
radial distance of 2,096.18 feet; thence southerly along the arc, through a central angle of
37°22'19", a distance of 1,367.26 feet to a point; thence South 18°15'30" East, a distance of
311.64 feet to a point; thence South 18°18'02" East, a distance of 459.29 feet to a point;
thence South 15°36'52" East, a distance of 197.64 feet to a point; thence South 34°38'15"
West, a distance of 27.00 feet to a point; thence South 08'58'09" East, a distance of 43.74
feet to a point; thence South 45°26'49" East, a distance of 34.44 feet to a point; thence
South 05°23'15" East, a distance of 152.80 feet to a point; thence South 01°11'00" East, a
distance of 312.28 feet to a point; thence South 01°06'53" East, a distance of 329.93 feet to a
point; thence continue southerly along said Iine, a distance of 239.95 feet to a point; thence
continue southerly along said line, a distance of 399.91 feet to a point; thence continue
southerly along said line, a distance of 599.87 feet to a point; thence continue southerly
along said line, a distance of 399.91 feet to a point; thence continue southerly along said
line, a distance of 460.85 feet to a point; thence South 10°14'39" West, a distance of 288.17
feet to a concrete monument to the point of curve of a non-tangent curve to the right, of
which the radius point lies North 80'36'49" West, a radial distance of 728.40 feet; thence
southwesterly along the arc, through a central angle of 37'43'46IF, a distance of 479.65 feet
to a point; thence South 50'06'43" West, a distance of 138.57 fee! to a point; thence South
70°03'58" West, a distance of 277.02 feet to a point;thence South 22°01'42" East, a distance
of 15.00 feet to a concrete monument; thence South 68°34'22" West, a distance of 363,02
feet to a point; thence South 68°34'29" West, a distance of 89.40 feet to a point; thence
North 71°44'01" West, a distance of 200.18 feet to the POINT OF BEGINNING_
Containing 35,072,212 square feet or 805.15 acres, more or less.
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Tract 2: AIRPORT MANUFACTURING AREA
Commencing at an iron pin; thence South 19'19'23" East, a distance of 4,353.44 feet to an
iron pinto the POINT OF BEGINNING; thence South 04°55'50" West, a distance of 187.99
feet to an iron pin; thence South 84°58'11" East, a distance of 722.20 feet to a iron pin;
thence South 29'23120" East, a distance of 153.76 feet to an iron pin; thence South
73°48'51" West, a distance of 693.83 feet to an iron pin; thence South 15°23'47" East, a
distance of 1,138.23 feet to a point; thence South 19'59'38" West, a distance of 281.14 feet
to an iron pin; thence North 65°08'12" West, a distance of 169.29 feet to a point; thence
North 01'11'00" West, a distance of 312.28 feet to a point to a point of curve to the left
having a radius of 1,222.64 feet and a central angle of 10°17'56"; thence northerly along
the arc a distance of 219.77 feet to a point to a point of compound curve to the left having
a radius of 2,161.21 feet and a central angle of 06°40'38"; thence northerly along the arc, a
distance of 251.87 feet to a point; thence North 18°17'58" West, a distance of 459.30 feet to
a point; thence North 18'13'12" West, a distance of 344.22 feet to a point to a point of
curve to the right having a radius of 1,180.61 feet and a central angle of 08°24'07"; thence
northerly along the arc a distance of 173.13 feet to a point to a point of compound curve
to the right having a radius of 5,677 .92 feet and a central angle of 01°44'43"; thence
northerly along the arc, a distance of 172.96 feet to a point; thence South 88°23'55" East, a
distance of 250.92 feet to a point to the POINT OF BEGINNING.
Containing 583,035 square feet or 13.38 acres, more or less.
Tract 3: AIRPORT SMALL TRACT
Commencing at an iron pin; thence South 16°46'57" East, a distance of 4,074.54 feet to an
iron pin to the POINT OF BEGINNING; thence South 88°03'37" East, a distance of 284.61
feet to an iron pin; thence South 05°46'53" West, a distance of 113.10 feet to an iron pin;
thence North 88'12'36" West, a distance of 268.33 feet to an iron pin; thence North
02°26'37" West, a distance of 113.88 feet to a point to the POINT OF BEGINNING.
Containing 31,296 square feet or 0.72 acres, more or less.
Tract 4:
Lying in Hoopers Creek Township, Henderson County, North Carolina and being the same
property described in the Deed recorded in Book 761 at Page 791 in the Office of the Register of
Deeds for Henderson County, North Carolina.
Henderson County PIN 9642-66-6603 and PIN 9642-76-4805.
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EXHIBIT C
PROPERTY ACQUIRED BOOK AND PAGE
The Following are Deed Book and Page references for each Tract described on Exhibit B herein:
Tract 1: AIRPORT RUNWAY; and
Tract 2: AIRPORT MANUFACTURING AREA; and
Tract 3: AIRPORT SMALL TRACT
Deed Book 789, at Pages 215 and 227, Buncombe County, NC Register of Deeds' Office.
Deed Book 791, at Page 497, Buncombe County, NC Register of Deeds' Office,
Deed Book 790, at Page 34, Buncombe County, NC Register of Deeds' Office.
Deed Book 1195, at Page 458, Buncombe County, NC Register of Deeds' Office.
Deed Book 1197, at Page 457, Buncombe County, NC Register of Deeds' Office.
Deed Book 1270, at Page 712, Buncombe County, NC Register of Deeds' Office.
Deed Book 1306, at Page 113, Buncombe County, NC Register of Deeds' Office.
Deed Book 1284, at Page 352, Buncombe County, NC Register of Deeds' Office.
Deed Book 1272, at Page 205, Buncombe County, NC Register of Deeds' Office.
Deed Book 1307, at Page 669, Buncombe County, NC Register of Deeds' Office.
Deed Book 1610, at Page 412, Buncombe County, NC Register of Deeds' Office.
Deed Book 1639, at Pages 122 and 707, Buncombe County, NC Register of Deeds' Office.
Deed Book 1633, at Page 128, Buncombe County, NC Register of Deeds' Office,
Deed Book 2088, at Page 406, Buncombe County, NC Register of Deeds' Office.
Deed Book 1613, at Page 569, Buncombe County, NC Register of Deeds' Office.
Deed Book 3771, at Page 434, Buncombe County, NC Register of Deeds' Office.
Deed Book 1873, at Page 296, Buncombe County, NC Register of Deeds' Office.
Deed Book 4049, at Page 269, Buncombe County, NC Register of Deeds' Office.
Deed Book 360, at Page 543, Henderson County, NC Register of Deeds' Office.
Deed Book 361, at Pages 196 and 489, Henderson County, NC Register of Deeds' Office.
Deed Book 362, at Pages 68, 348, and 392, Henderson County, NC Register of Deeds'
Office.
Deed Book 363, at Page 246, Henderson County, NC Register of Deeds' Office.
Deed Book 364, at Pages 595, and 597 and 598, Henderson County, NC Register of
Deeds' Office.
Deed Book 366, at Pages 177, 290, 314, 505, 602, and 607, Henderson County, NC
Register of Deeds' Office.
Deed Book 368, at Pages 167, 191, 193, and 335, Henderson County, NC Register of
Deeds' Office.
Deed Book 779, at Page 8, Henderson County, NC Register of Deeds' Office.
Deed Book 827, at Page 161, Henderson County, NC Register of Deeds' Office.
Deed Book 831, at Page 546, Henderson County, NC Register of Deeds' Office.
Tract 4:
Deed Book 761, at Page 791, Henderson County, NC Register of Deeds' Office.
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EXHIBIT D
POSSIBILITY OF REVERTER
THE ESTATE REPRESENTED BY THE CONVEYANCE OF THE PROPERTY IS A FEE SIMPLE DETERMINABLE
ESTATE. BY ACCEPTANCE OF THIS INSTRUMENT, GRANTEE EXPRESSLY AND UNEQUIVOCALLY
ACKNOWLEDGES AND AGREES THAT THE ESTATE CONVEYED IN THE PROPERTY IS NEITHER A FEE SIMPLE
ABSOLUTE ESTATE NOR A FEE SIMPLE ESTATE SUBJECT TO A CONDITION SUBSEQUENT. GRANTOR, FOR
ITSELF AND ITS SUCCESSORS AND ASSIGNS, HEREBY RESERVES AND RETAINS A FUTURE INTEREST, WHICH IS
COMMONLY KNOWN AS A "POSSIBILITY OF REVERTER," IN THE PROPERTY. IT IS THE EXPRESS,
UNEQUIVOCAL AND VOLUNTARY INTENTION OF BOTH GRANTOR AND GRANTEE THAT SUCH FEE SIMPLE
DETERMINABLE ESTATE IS AND SHALL BE DEFEASIBLE AUTOMATICALLY, WITHOUT FURTHER ACTION OF
EITHER GRANTOR OR GRANTEE, AND TITLE TO THE PROPERTY SHALL AUTOMATICALLY REVERT TO AND
BECOME THE PRESENT FEE SIMPLE ABSOLUTE ESTATE OF GRANTOR IF THE PROPERTY EVER CEASES TO BE
USED FOR AIRPORT PURPOSES OR IF GRANTEE IS DISSOLVED AS STATED IN NORTH CAROLINA SESSION LAW
2012-121
UPON THE OCCURRENCE OF ANY OF THE FOREGOING EVENTS, THE FEE SIMPLE INTEREST IN THE PROPERTY
SHALL REVERT AUTOMATICALLY TO GRANTOR WITHOUT FURTHER ACTION OF GRANTOR, GRANTEE OR
GRANTEE'S SUCCESSOR OR SUCCESSORS IN TITLE TO THE PROPERTY; PROVIDED, HOWEVER, THAT, FOR THE
AVOIDANCE OF DOUBT, GRANTEE, FOR ITSELF AND FOR ITS SUCCESSORS AND ASSIGNS, BY ACCEPTANCE
BOTH OF THIS INSTRUMENT AND OF THE ESTATE CREATED HEREIN, AGREES UPON WRITTEN REQUEST OF
GRANTOR TO EXECUTE AND DELIVER TO GRANTOR, OR ITS SUCCESSORS AND ASSIGNS, AS APPLICABLE, A
NON-WARRANTY DEED IN RECORDABLE FORM WHICH RECONVEYS TO GRANTOR, OR ITS SUCCESSORS AND
ASSIGNS, AS APPLICABLE, ALL RIGHT, TITLE AND INTEREST, IF ANY, OF THE GRANTEE OR ITS SUCCESSORS
OR ASSIGNS IN THE PROPERTY, AND BY EXECUTION AND DELIVERY OF SUCH NON-WARRANTY DEED BY
SUCH PARTY AS MAY BE REQUIRED TO DELIVER IT TO GRANTOR, AUTHORIZES GRANTOR, OR ITS
SUCCESSORS AND ASSIGNS, AS APPLICABLE, TO RECORD SUCH NON-WARRANTY DEED IN THE OFFICE OF
THE REGISTER OF DEEDS FOR BUNCOMBE COUNTY, NORTH CAROLINA.
;00359390DDC V.C414.020060;}
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