2017-397 Housing - Subordination Agreement between Orange County and Jane Tuohey

Browse Search

EXHIBIT "A" PROPERTY DESCRIPTION BEING known and designated as 100B as shown on a plat or plats entitled "Pine Hill Condominium", recorded in Plat Book 88, Pages 92 and 493, in the Register of Deeds for Orange County, North Carolina, to which plat references are hereby made for a more particular description of said unit. TOGETHER with all rights and easements appurtenant to said unit as specifically enumerated in the "Declaration of Unit Ownership For Pine Hill Condominium" recorded in Deed Book 2296, Page 317, Orange County Registry, and as amended ("Declaration"), and pursuant thereto membership in Pine Hill Unit Owners Association, Inc.,a North Carolina Non-Profit Corporation, TOGETHER with all rights of Grantor in and to the limited common areas and facilities appurtenant to said unit;and SUBJECT to the Declaration and the By-Laws annexed thereto, which with all attachments thereto and Incorporated herein as if set forth in then entirety, and by way of illustration and not by way of limitation, provide for: (1)2ffj as the percentage of undivided fee simple interest appertaining to the above unit In the Common Areas and Facilities, (2) Use and restriction of use of the unit for residential purposes, and other uses reasonably incidental thereto; (3) Property rights of Grantee as a unit owner, and any guests or invitees of Grantee In and to the Common Areas and Facilities;(4)Obligations and responsibility of the Grantee for regular monthly assessments and special assessments and the effect of non-payment thereof as set forth in the Declaration and By-Laws annexed thereto; (5) Limitations upon use of the Common Areas and Facilities, (6) Obligations of.Grantee and the Association, mentioned in said By-Laws, for maintenance; (7) Restrictions upon use bf the unit ownership in real property conveyed hereby; and (8) Reservation of Declarant Rights as specified in the Declaration. PINM 9778-38-6896.002 TM:7.107.13.33A