SW5240201_Property Deed_20240219 (2)

BK 2346 PG 124 - 128 (5) DOC# 10079948
This Document eRecorded : 09/25/2023 10: 32 : 08 AM
Fee: $26. 00 Tax: $ 1 , 400. 00
Franklin County, North Carolina
Brandi Smith Brinson , Register of Deeds
Excise Tax $ 1 ,400.00 Recording Time, Book and Page
PIN : 1843-93-8208 and 1853-02-2935 Parcel ID: 049678 and 005307
Verified by County on the day of , 2023
by
Mail after recording to: K&L Gates LLP
Attn. : Robert B. Womble
P.O. Box 17047
Raleigh, North Carolina 27619-0747
This instrument was prepared by: K&L Gates LLP (RBW)
No Title Examination
Brief description Tract 1 - Map Book 2023, Page 88
for the Index:
NORTH CAROLINA SPECIAL WARRANTY DEED
THIS DEED made as of this 22nd day of September, 2023, by and between
GRANTOR GRANTEE
ARS Development, LLC ARS Wrenn Apartments, LLC
a North Carolina limited liability company a North Carolina limited liability company
1524 Canterbury Road 1524 Canterbury Road
Raleigh , North Carolina 27608 Raleigh , North Carolina 27608
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.
Submitted electronically by K&L Gates LLP in compliance with North Carolina statutes governing recordable documents and the
terms of the submitter agreement with the Franklin County Register of Deeds.
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WITNESSETH, that Grantor, for a valuable consideration paid by Grantee, the receipt of
which is hereby acknowledged, has and by these presents does grant, bargain, sell and convey
unto Grantee in fee simple, all those certain tracts or parcels of land described on Exhibit A
attached hereto and made a part hereof (the "Property").
TO HAVE AND TO HOLD the aforesaid Property and all privileges and appurtenances
thereto belonging to Grantee in fee simple.
Grantor covenants with Grantee that Grantor has done nothing to impair such title in and
to the Property as Grantor received, and Grantor will specially warrant and defend the title to the
Property against the lawful claims of all persons claiming by, under or through Grantor, except
with respect to the exceptions reflected on Exhibit B attached hereto.
The Property does not include the primary residence of Grantor.
This instrument prepared by: Robert B. Womble, a licensed North Carolina attorney.
Delinquent taxes, if any, to be paid by the closing attorney to the county tax collector
upon disbursement of closing proceeds.
[Signature Page Follows]
2
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IN WITNESS WHEREOF, Grantor has executed this instrument under seal as of the day and
year first above itten.
Grantor:
ARS DEV' iliE , LLC
By: 1
Bre " E. Wood
Secretary and Authorized Person
STATE OF North Carolina
COUNTY OF Wake
I , the undersigned, a Notary Public of the County and State aforesaid, certify that the following person
personally appeared before me this day, and acknowledged to me that he voluntarily signed the
foregoing document for the purpose stated therein and in the capacity indicated: Brent E. Wood,
Secretary of and Authorized Person for ARS Development, LLC, a North Carolina limited liability
company
Witness my hand and official seal, this the 22nd day of September, 2023.
My commission expires: ,7,( Z
January 18, 2024 Z:.„_
Notary Public
[NOTARY SEAL]
Robert B. Womble
ROBERT B. WOMBLE Print Name of Notary
NOTARY PUBLIC
WAKE COUNTY, N.C.
My Commission Expires January 18, 2024
Signature Page to Special Warranty Deed
[Tract 1 ]
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BK 2346 PG 127 DOC# 10079948
Exhibit A
Description of Property
All that piece, parcel , or lot of land (the "Land"), together with any and all improvements situate
thereon, situate, lying , and being in Youngsville Township, Franklin County, North Carolina, and
being described as follows:
BEING all of that certain tract or parcel of land designated as Tract 1 , containing 5.877 acres
(256,000 square feet), as shown on plat of survey entitled "Minor Subdivision Plat For Wrenn
Property", dated December 20, 2021 and revised March 1 , 2023. prepared by Michael A. Moss,
Professional Land Surveyor, for Cawthorne, Moss & Panciera, PC, and recorded at Map Book
2023, Page 88, in the office of the Franklin County, North Carolina Register of Deeds, which plat
is referenced for a more particular description.
*****
PIN for information only: 1843-93-8208 (eastern portion) and 1853-02-2935 (western portion)
Parcel ID for information only: 049678 (eastern portion) and 005307 (western portion)
Derivation for information only: Out of Book 2326, Pages 270-280, FCRD
Out of Book 2326, Pages 281 -290, FCRD
Exhibit A, Page 1
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Exhibit B
Exceptions to Title
1 . The lien of real estate taxes and assessments for the year 2023 and subsequent years,
not yet due and payable.
2. The following matters affecting the Land as shown on the ALTA/NSPS Land Title Survey
dated December 20, 2021 , updated March 23, 2022 by Michael A. Moss, PLS of
Cawthorne, Moss & Panciera, P.C. , Professional Land Surveyors (the "Survey"):
(a) Intentionally Deleted; (b) 50' Tar/Pamlico River Riparian Buffer; (c) Overhead Electric
Line, Gas Valves, and Utility Vaults.
3. Those matters affecting the Property shown on plat of survey recorded in Map Book 2021 ,
Page 168 in the Office of the Franklin County Register of Deeds.
4. Those matters affecting the Property shown on Subdivision Plat recorded in Map Book
2023, Page 88 in the Office of the Franklin County Register of Deeds.
5. Transmission Line Easements to Carolina Power & Light Company recorded in Book 254,
Page 299; and Book 655, Page 442 (and shown on the Survey), in the Office of the
Franklin County Register of Deeds.
6. Easement to Carolina Power & Light Company recorded in Book 842, Page 277, in the
Office of the Franklin County Register of Deeds, and shown on the Survey.
7. Title to that portion of the land lying within the bounds of NC Highway 96, and shown on
the Survey.
Exhibit B, Page 1
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