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2017-364 Planning - Seven Mile Farms, LLC - Offer to Purchase and Contract
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2017-364 Planning - Seven Mile Farms, LLC - Offer to Purchase and Contract
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Last modified
7/3/2018 11:42:05 AM
Creation date
8/8/2017 8:22:19 AM
Metadata
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Template:
Contract
Date
6/20/2017
Contract Starting Date
6/20/2017
Contract Document Type
Agreement
Agenda Item
1/22/15; 6-i
Amount
$19,879.50
Document Relationships
Agenda - 01-22-2015 - 6i
(Message)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2015\Agenda - 01-22-2015 - Regular Mtg.
R 2017-364 Planning - Seven Mile Farms, LLC - Offer to Purchase and Contract
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Path:
\Board of County Commissioners\Contracts and Agreements\Contract Routing Sheets\Routing Sheets\2017
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2. TITLE: Title to the Pump Station Parcel will be delivered to Buyer at closing by <br /> a General Warranty Deed from Seven Mile Farm, made to Orange County, North Carolina, <br /> which shall be fee simple marketable title, free of liens, encumbrances, easements, restrictions, <br /> rights and conditions, including, but not limited to, any promissory note, mortgage, deed of trust, <br /> real estate contract,judgments, right of first refusal, or option to buy, other than current property <br /> taxes and rights, reservations, covenants, easements, conditions, and restrictions of record as of <br /> the Effective Date that do not unduly interfere with Buyer's intended use of the Pump Station <br /> Parcel ("Permitted Exceptions"). The deed conveying the Pump Station Parcel shall be on a <br /> North Carolina Bar form General Warranty Deed (the "Deed"). The Property description in the <br /> Deed shall conform to the survey of the Pump Station Parcel attached hereto as Exhibit C as it <br /> may be updated and amended from time to time prior to Closing with the consent of Seven Mile <br /> Farm, which consent shall not be unreasonably withheld. <br /> 3. BUYER COVENANTS: <br /> (a) Buyer will install appropriate landscaping on the Pump Station Parcel that <br /> substantially conforms with the landscaping plan markup dated April 28, 2017, <br /> previously provided to Seven Mile Farm (the "Landscaping Plan"). This <br /> covenant shall survive closing. <br /> (b) Seven Mile Farm may not remove timber from the Pump Station Parcel after the <br /> Effective Date. <br /> 4. REPRESENTATIONS,WARRANTIES AND COVENANTS OF SELLER: <br /> Seven Mile Farm makes the following representations and warranties to Buyer as of the <br /> Effective Date and again as of the Closing Date: <br /> (a) Title. At the Closing Date, Seven Mile Farm shall have good, marketable, and <br /> indefeasible fee simple title to the Pump Station Parcel subject only to the <br />
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