Orange County NC Website
DocuSign Envelope ID:D0A248C0-E9E5-4FDE-8226-BE8B1F3AF44B <br /> or additional legal work not referenced in this letter becomes necessary (such as work associated with <br /> clearing any title defects and resolving estate issues), then we may perform such work at the County's <br /> specific request under an amendment to this agreement at our normal hourly rates. <br /> Our fee for performing the legal work outlined herein is $2,500.00 payable in full at the closing. <br /> The flat fee is the entire payment for the work outlined herein regardless of the amount of time that it <br /> takes to perform the work. The flat fee will be earned by us immediately upon payment and will be <br /> deposited in our business account rather than a client trust account or, if the wire containing the flat fee <br /> includes other client funds (recording fees, title insurance premiums, etc.) and is initially deposited into <br /> our trust account, the flat fee will be immediately transferred to our business account; and when our <br /> representation in this matter ends, the County will not be entitled to a refund of any portion of the flat fee <br /> unless (1) the closing is not completed, in which event a proportionate refund may be owed, or(2) it can <br /> be demonstrated that the flat fee is clearly excessive under the circumstances. In addition to the foregoing <br /> flat fee, the County will be responsible for payment of any expenses incurred by our firm in connection <br /> with the closing such as express mail charges, and wire fees each and all of which will be set out on the <br /> settlement statement at closing. Should this transaction not close for any reason, then we will bill the <br /> County at a discounted local government rate of$250.00 per hour for all work done up and through the <br /> date of the termination of the transaction. In such event, the County also agrees to pay $100 per hour for <br /> the services of our firm's real estate paralegal who will collect the necessary documents from the office of <br /> the Register of Deeds and otherwise assist me with the Project. The County will also be responsible for <br /> other typical costs of closing such as recording fees and survey expenses. Please understand that we must <br /> charge for all work performed even if this transaction fails for any reason. <br /> Please do not hesitate to contact me with any questions or concerns regarding this letter. I look <br /> forward to working with you on this transaction. <br /> Nicer ely /� <br /> :11 <br /> . .." ----/ -72 <br /> �R' -yrrell <br /> " TF "FIRM <br /> /,, <br /> Enclosure(Kennon Craver Trust A'count W W.e Instructions) <br /> kennon craver,pllc <br /> KC: 367198.1 <br /> 9011 ¢rniversiry drive,sure 300,dnr(unn, n, 27707 • post office box 51.579,(Lillian?,su 27717 1M) <br /> TELLPHONE 9194100500, FAX 919490087,_i • WIC m.krnnrim-rnver.(ow <br />