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OFFER TO PURCHASE AND CONTRACT
<br />Orange County, North Carolina a. ntt,i,r 2
<br />ni•rrt,.n,:rnnilurrhay.i:tai J0.n E� :taller and Lir:dse NlFuller a,Sruri
<br />upon acceptance of sand offer. acre- to cell and mro'n, all of that plot ptrte .v pa reel of !and d{xnl.A brlr.w mgrther wuh all imyno,cmi-rit,
<br />located thereon and such personal prulwro a, s li.trd beh,w rthe real and l,rrsonal prniien, err cutlrrti,ely re-;.:rrd to a. "the Vmlr t,r 1 to
<br />accordance with the Standard Provision.i nn the REVERSE SIDE HEREOF atxi upon the following term and contbuon :
<br />I. R>:ALPROPERTYi UxatedintheklXM_ Cheeks Towns•l,i.>, .a.tt..:.nr Orange ,
<br />State of Korth Carolina, being known as and more particularly described as: Orang%,, COUnty, NC
<br />StreetAddrea A RnAA _(S_R_ 1'x12) r r.he�lec Tmm�cl,in / p
<br />Legal Description dnd _An
<br />Exhihit A to this offer to Purchase - - --
<br />2. PERSONAL PROPERTY: Nnntb
<br />S. PURCHASE PRICE: The purchase price is S $10 , 900 . 00 — and shall be paid as follows:
<br />(a) S N / A •in earnest money paid by cash: bank, certified. or personal check)
<br />with the delivery of'this contract• to be held in escrow by .3$ agent,
<br />until the sale is closed. at which time it will be credited to Buver• or until this contract is otherwise terminated and it is
<br />disbursed in accordance with the Standard Provisions on the REVERSE SIDE HEREOF:
<br />(b) S N/A by assumption of the unpaid principal balance and all obligations of Seller on the existing loan secured by a deed of trust
<br />on the Property:
<br />(c) S
<br />N/A .by a promissory note secured by a purchase money deed of trust on the Property with interest prier to default at the rate of
<br />°k per annum payable as follows:
<br />Prepayment restrictions and: or penakies. if any shall be:
<br />Assumption or transfer rights, if any. shall be:
<br />(d) S 10 , -0 0-0-. 0.0_ the balance of the purchase price in cash at closing.
<br />4. CONDITIONS: (State N/A in each blank of paragraph 4(a) and 4(b) that is not a condition to this contract.)
<br />(a) The Buyer must be able to obtain a firm commitment on or before N/A . effective through the date of closing.
<br />fora N/A loan in the principal amount of S NZA� for a term of _ _N IA - year(s), at an interest
<br />rate not to exceed _! ( I _ % per annum• with mortgage loan discount points not to exceed N/A % of the loan amount. Buyer agrees to use his beat
<br />efforts to secure such commitment and to advise Seller immediately upon receipt of the lender's decision. If Seller is to pay any loan closing casts, those cats
<br />are as follows: _ N / A
<br />(b) The Buyer most be able to assume the w+paid principal balance of the existing loan described in paragraph S(b) above for the remainder of the
<br />with h mon at an
<br />loan interest
<br />s rate not to exceed
<br />non and/or discount % per annum fixed (or describe type of loan) N/A
<br />— -- -- - -- _
<br />g ge assumption poi not to exceed N/A % of the loan balance. (See Standard Provision No. 2). If such assumption
<br />requires the lenders approval. approval must be granted on or before N/A Buyer agrees to use his best efforts to
<br />secure such approval and to advise Seller immediately upon his receipt of the lenders decision. If Seller is to pay any loan assumption costs, those costs
<br />are as follows: _ N/A
<br />(c) There must be no restriction. easement• zoning or other governmental regulation that would prevent the reasonable use of the real pro re for
<br />picnir.�ea
<br />S. ASSFSSME \TS: Seller warrants that there are no special amemments. either pending or confirmed, for sidewalk, paving, water, sewer or
<br />other improvements on or adjoining the Property. except as follows: .
<br />(mien "None" or the identification of such assessments, if any. The agreement
<br />for payment or proration of any assessments indicated is in be set forth in paragraph 6 below, )
<br />6. OTHER PROVISIONS AND CONDITIONS:
<br />ta) All of the Standard Provisions on the REVERSE SIDE HEREOF arc understood and shall apply to this instrument except the following numbered
<br />Standard Provisions shall be deleted: (If none are to be deleted, state "None•',) 1. 2. 3 . 8 , 9 . 11 . 14
<br />IF THERE ARE ANV ADDENDA TO THIS CONTRACT. INDICATE ABOVE AND ATTACH HERETO.
<br />7. CLOSING: All panics agree to execute env and all documents and papers necessary in connection with closing and transfer of title on or
<br />before a SOo a O S rble aplacrdesiVwdby Buyer
<br />The deed is to be made to atW pr=ared )2y Orange ConzIty. NC
<br />8. POSSESSION: Posse
<br />In the event that Buyer has agreed that pooession is not delivered at ckrsing, then Seger agrees to pay to Buyer the sum of S _ N/A per day from
<br />and including the date of closing to and including the date that possession is to be delivered as above set forth.
<br />9. COUNTERPART'S: This offer shall become a binding contract when signed by bah Buyer and Seller. It is to be signed in 2 original
<br />counterparts with a signed counterpart being retained by each party hereto and the escrow agent. if any.
<br />Date of Offer: Date of Ae nce:
<br />ORANGE COUNTY, NORTH CAROLINA
<br />Buyer IRY SEAL) Seller (SEAL)
<br />. oses arEy r , �irman ULL R
<br />Buyer ran a Co. $oard o ommignerg) SEAL)
<br />ATTi .. r rime d agree to hold and disburse the same in accordance with the terms hereof.
<br />Date oa f MAJ;.!Lsigners
<br />By
<br />N,rn of SrIIing Agrnt Finn
<br />Name n(lartng Agent Firer
<br />N.C. Bar Assoc. Form ND. Z. "�' 19Bi. This Standard Forth has (leer appnied prntly by the:
<br />ani. a t. ,weever.... it.• +C a,. w. — rr s• NORTH CAROLINA BAR ASSOCIATION
<br />I— vv,w.m. A C.. v.c • w... . v406, %L _ NORTH CAROLINA, 15Sf]CIAM0N OF REALIMS' INC
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