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r�GI�EM�l�t�'O�+'P1�,F�2�I�i��AN�SAL� <br /> ARTICLE 1:PK4PERTYIPtTItCHASE P�tICE <br /> 3.1 Certain Basic Terms_ <br /> {a}Purchaser and Notice Address <br /> WEEKLEY HOtvtES,LLC With a co�y to: <br /> Attn: .Tohn Johnson Weekley Hames,I,LC <br /> 11 l i Noi-th Post Oak Blvd. Attn: John Burchfieid,Esq, <br /> Houstan,Texas 77d55 I I I I N.Post Oak Road <br /> Telephot�e: 713l963-a500 Houstor�,Te�as 77055 <br /> Facsimile: 713I29t}-0622 Telephone:fii3/316-31Z$ <br /> Email: iiohnso�dwhonies cam Facsimile: 713/290-0622 <br /> Etnail: 'burchfeld dwhomes.cflm <br /> (b) �eller and i�Totice Address: <br /> J.J.F.FARYI,L.L.C. WiYh a capv to: <br /> P.a.Box 765 <br /> �Iitlsborough,Norfh Carolina 2727� <br /> Telephone:{9i9}732-23b1 <br /> Facsimile: <br /> Email: <br /> (c)Closiu�A�ent: Esartttiv Agent/TitIe Campanv: <br /> Morris,Mannir�g&IVlartin,LLl' Investors Titie Company <br /> A#tn: I�eith Burns Attn:1'racy Hinnar�t <br /> I(l00 Park PQrty PIaza,Sta 35fl 348 W.Rasemary S�reet,Suite 1b5 <br /> R€ses,rch Triangle l�arl�,NC 27'T13 _ Chapel Hill,NC 27514 <br /> Telephone:{919)846-2�347 � Telephane:(800�724-8791 Ext. 26t35 <br /> Facsimile:(919}8�6-2p57 Pacsimiie:(877}711-3185 <br /> e-ma�`t:kburns(a�nurirnEaw.cora e-mail:thinnant invti#1e.com <br /> (d) Date of this A�reemenUFf�ective 13ate: The latest date of executian�y Setter or Purchaser, <br /> as indicated on the signatnre page. <br /> (e) Purchase Price: <br /> (� Eamest Monev: The follo�ving amounts shall be �te Earnest <br /> Money once depasited by Furcliaser: <br /> {l} the "Initial Eamest Money„ d�posit Qf <br /> Twenty ThQUSand Dotlars{$24,C1Qf}},and <br /> (2) tha "Addi�ional E�rnes� �vioney'> deposit caf <br /> T�venty Thousand Dollars($2{�,0[}(l). <br /> AII Earnest N3oney shall be deposi�ed in cash. <br /> (g�Inspection Period: The period ending ninety(94)c�ays from the Effective Date. <br /> {h) Ciosing Date: Sub}ect to the provisic�ns of Section 4.1, thirty (30} ��ys ' <br /> af�er Proje�t App�rovals have been obtatned in ihe manner <br /> described in Section 2.3, be�t in z�o eveni later than 24 <br /> ; mQnths. <br />