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KENNON <br /> lYrlliam A Anderson,11I <br /> Grorndolyn C Brooks pllc <br /> Joel M GRhadeyCn ATTORNEYS AT LAW <br /> G Rhoda Cnn�er <br /> James R 6whom <br /> Brian Al Ferrell <br /> Milian 7'Hrarhins,fr" <br /> Katherine 4 Mrhee <br /> Henry W Sappenfirld <br /> Leigh r Vinci! <br /> A William finnan,Retired <br /> *Board CrrrifirdSjerialisr in June 26,2014 <br /> Eirare PGmning cr Probate Lau, <br /> 'Raard Crrrifird Specialisr in Real Properq Law; <br /> Rusinas,Commercial and ludwrrial Transactions <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: Orange County's Acceptance of a Conservation <br /> Easement From Jason& Rebecca Davis <br /> Dear Rich: <br /> Thank you for contacting me regarding Orange County's need for legal assistance in the <br /> acquisition of the above referenced conservation easement(the"Easement"). I am pleased to <br /> assist the County with this transaction. If agreeable to the County, this letter establishes the term <br /> of our engagement. <br /> Title Search &Title Insurance <br /> The property to be encumbered by the Easement is identified as being an approximately <br /> 3.47 acre portion of the parcel having Orange County PIN 9856-56-5405 (the"Property"). I will <br /> perform a title search on the Property. If a prior title insurance policy can be located, then we <br /> will conduct a limited title update search. The update search will begin on the date of a prior <br /> owner's title insurance policy was issued (the"Beginning Search Period"). We will not review <br /> title documents prior to the Beginning Search Period and we will not identify title defects that <br /> occur prior to that date. However, you will be insured against earlier title defects via the title <br /> insurance policy we will procure on behalf of the County. If a prior title insurance policy is not <br /> located, then we will conduct a full search of no less than 30 years. We will provide the County <br /> with a preliminary title opinion on forms prescribed by Investors Title Insurance Company <br /> containing the results of the title search in advance of the closing. We will also procure a title <br /> insurance policy for the purchase amount of$21,600.00. The County will be responsible for the <br /> payment of the title insurance premium. <br /> Please be aware that matters of zoning and environmental hazards are not included in a <br /> standard title search. Please notify me immediately if you require additional information or <br /> assistance concerning these two issues. Zoning laws affect setback and use requirements to <br /> name a few. Environmental hazards include, but are not limited to, the existence of radon gas, <br /> lead-based paint, underground storage tanks and asbestos. <br /> 1 <br /> 4011 university drive,suite 300,durham,nc 27707 •Post office box 51579,durham, ,a 27-717-1579 <br /> TELEPHONE 919 490 0500 FAX 919 490 0873 www.kennencravercom <br />