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KENNON <br /> William A Anderson,III <br /> Gwendolyn C Brooks pile <br /> Joel MGnig <br /> G Rhodes Craver ATTORNEYS AT LAW <br /> James R Ezrtbom <br /> Brian M Ferrell <br /> William Tlluuhins,jr <br /> Benjamin B Ingold <br /> Katherine L McKee <br /> Henry IV Sappenfreld <br /> Leigb P Vancil <br /> A William Kennon, Of Counsel <br /> February 18, 2014 <br /> Mr. Rich Shaw <br /> Orange County, North Carolina ERCD <br /> P.O. Box 8181 <br /> Hillsborough,North Carolina 27278 <br /> RE: Engagement For Legal Services: Title Work associated with Orange County's <br /> Potential Purchase of Property From Dwight& Betty Compton <br /> Dear Rich: <br /> Thank you for contacting me regarding Orange County's need for title work in the above <br /> referenced matter. I am pleased to assist the County with the title work described below. If <br /> agreeable to the County, this letter establishes the terms of our engagement. <br /> Title Search &Title Insurance <br /> I will a title "update search" on the approximately 55 acres of land that the Compton's <br /> own in Cedar Grove Township (the "Property"). I understand that the Compton's are k <br /> considering selling this land to the County. As we discussed, our title update search will begin <br /> on the date of the last title insurance policy procured by the Compton's, which was in 2004. We <br /> will not search the public records prior to 2004 and the County will be relying on the existing <br /> title insurance policy to identify title defects prior to 2004. We have recommended the County <br /> consider a "full search" of no less than 30 years of the public records. However, given the <br /> relatively complicated status of the existing title (i.e. land passed down through multiple <br /> generations and subdivided a number of times) and the estimated cost of a full title search, the <br /> County has requested we provide the limited update title search described herein. The update <br /> search will still require extensive work due to the number of"less and except"tracts contained in <br /> the existing title insurance policy legal description and the number of conveyances associated <br /> with the current owners. <br /> 1 <br /> 9011 university drive,Suite 300,durham, ne 27707 • post office box 51579,durham,ne 2 771 7-15 79 <br /> TELEPHONE 9199900500 FAX919 990 087 3 • wivrakennoncraver.com <br />