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Ferrell Firm, P.C. <br />P. O. Box 16564 <br />Chapel Hill, North Carolina 27516 <br />Telephone (919) 883-4960 <br />Fax (866) 941-6233 <br />BRIAN M. FERRELL <br />E-MAIL: Brian@ferrellfirm.com <br />June 3, 201 I <br />Sahana M. Ayer, Esquire <br />Orange County Attorney's Office <br />P.O. Box 8181 <br />Hillsborough, North Carolina 27278 <br />RE: Engagement For Legal Services: Preparation of Title Opinion & Closing Services For <br />Purchase of an 1.369 Acre (more or less) Parcel of Land to be Subdivided from the <br />Parent Parcel Having Current Orange County PIN 9855-00-3159 from Seller Joseph T. <br />Forrest (the "Property"). <br />Dear Sahana: <br />Thank you for contacting me recently regarding Orange County's need for legal assistance in the <br />closing of the above referenced purchase transaction. I am pleased to assist the County with matter. If <br />agreeable to the County, this letter, along with the "Contract Under $10,000" with an effective date of <br />June 7, 2011, to which this letter is attached, establishes the terms of our engagement (the "Contract"). I <br />propose to perform the following legal services on behalf of the County. <br />Title Search & Title Insurance <br />I will conduct a standard title search on the Property comprising an examination of the public <br />records for no less than 30 years. I will prepare and deliver a preliminary opinion on title upon the <br />completion of this work that will outline any and all defects, liens and encumbrances located during the <br />search period. I will engage a title abstractor/paralegal to assist me in the location and copying of all <br />relevant title documents. The preliminary title opinion will be prepared on forms required by Investors <br />Title Insurance Company anal I will make an application for title ins~~ran~e on behalf of the County in the <br />amount of $25,000.00. The County will be responsible for the payment of the title insurance premium to <br />Investors Title Insurance Company at closing. <br />Please be aware that matters of zoning, subdivision and environmental hazards are <br />not included in a standard title search; hence, if you require additional information from me <br />concerning these issues, please so advise immediately. Zoning laws can impact setback requirements <br />and land use requirements. Environmental hazards include, but are not limited to, the existence of radon <br />gas, lead-based paint, underground storage tanks and asbestos. I understand the County has, or is in the <br />process of, obtaining subdivisions approval to subdivide the Property from the parent tract. The County <br />will also obtain any and all permits necessary to use the Property to support a sewer pump station. I have <br />not been involved in any subdivision process or other permitting processes for the Property. This <br />1 <br />