2013-541 AMS - Gene Raymond McCauley for 1119 US Hwy 70A Property - $182,000

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❑Additional Provisions Addendum(Form 2A11-T) ❑Loan Assumption Addendum(Form 2A6-T) ❑ Back-Up Contract Addendum(Form 2A1-T) ❑New Construction Addendum(Form 2A3-T) ❑ Contingent Sale Addendum(Form 2A2-T) ❑Owners'Association Disclosure And Addendum(Form 2A 12-T) ❑ F14ANA Financing Addendum(Form 2A4-T) ❑ Seller Financing Addendum(Form 2A5-T) ❑ Lead-Based Paint Or Lead-Based Paint Hazard ❑ Short Sale Addendum(Form 2A14-T) Addendum(Form 2A9-T) ❑Vacation Rental Addendum(Form 2A13-T) 1]OTHER: Exhibit A containing a legal description of the Property 16. ASSIGNMENTS: This Contract may not be assigned without the written consent of all parties except in connection with a tax- deferred exchange, but if assigned by agreement, then this Contract shall be binding on the assignee and assignee's heirs and successors. 17. TAX-DEFERRED EXCHANGE: In the event Buyer or Seller desires to effect a tax-deferred exchange in connection with the conveyance of the Property, Buyer and Seller agree to cooperate in effecting such exchange;provided,however,that the exchanging party shall be responsible for all additional costs associated with such exchange, and provided further, that a non-exchanging party shall not assume any additional liability with respect to such tax-deferred exchange. Buyer and Seller shall execute such additional documents, including assignment of this Contract in connection therewith,at no cost to the non-exchanging party,as shall be required to give effect to this provision. 18. PARTIES: This Contract shall be binding upon and shall inure to the benefit of Buyer and Seller and their respective heirs, successors and assigns. As used herein, words in the singular include the plural and the masculine includes the feminine and neuter genders,as appropriate. 19. SURVIVAL: If any provision herein contained which by its nature and effect is required to be observed,kept or performed after the Closing, it shall survive the Closing and remain binding upon and for the benefit of the parties hereto until fully observed,kept or performed. 20. ENTIRE AGREEMENT: This Contract contains the entire agreement of the parties and there are no representations, inducements or other provisions other than those expressed herein. All changes, additions or deletions hereto must be in writing and signed by all parties. Nothing contained herein shall alter any agreement between a REALTOR® or broker and Seller or Buyer as contained in any listing agreement,buyer agency agreement,or any other agency agreement between them. 21. NOTICE: Any notice or communication to be given to a party herein may be given to the party or to such party's agent. Any written notice or communication in connection with the transaction contemplated by this Contract may be given to a party or a party's agent by sending or transmitting it to any mailing address, e-mail address or fax number set forth in the"Notice Information" section below. Seller and Buyer agree that the "Notice Information" and "Escrow Acknowledgment" sections below shall not constitute a material part of this Contract, and that the addition or modification of any information therein shall not constitute a rejection of an offer or the creation of a counteroffer. 22. EXECUTION: This Contract may be signed in multiple originals or counterparts, all of which together constitute one and the same instrument, and the parties adopt as their seals the word"SEAL"beside their signatures below. 23. COMPUTATION OF DAYS: Unless otherwise provided, for purposes of this Contract,the term"days" shall mean consecutive calendar days, including Saturdays, Sundays, and holidays, whether federal, state, local or religious. For the purposes of calculating days, the count of"days" shall begin on the day following the day upon which any act or notice as provided in this Contract was required to be performed or made. THE NORTH CAROLINA ASSOCIATION OF REALTORS®, INC. AND THE NORTH CAROLINA BAR ASSOCIATION MAKE NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN ANY SPECIFIC TRANSACTION. IF YOU DO NOT UNDERSTAND THIS FORM OR FEEL THAT IT DOES NOT PROVIDE FOR YOUR LEGAL NEEDS, YOU SHOULD CONSULT A NORTH CAROLINA REAL ESTATE ATTORNEY BEFORE YOU SIGN IT. KC:305777v1 3 1.DOC} Buyer initials -Seller initials Page 8 of 10 Association Form No.2©Revised 2007,2008,1/2011 This standard form has been approved jointly by:North Carolina Printed by Agreement with the NC Bar Association North Carolina Bar Association—NC Bar Form No.2 North Carolina Association of Realtors®,Inc.—Standard Form 2T