Orange County NC Website
Browse       Search
25 <br />��, . � ..� <br />THIS AGREEMENT, including any and all addenda attached hereto ( "Agreement "), is by and between <br />Orange Countv <br />FOR AND IN CONSIDERATION OF THE MUTUAL PROMISES SET FORTH HEREIN AND OTHER GOOD AND VALUABLE <br />CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH ARE HEREBY ACKNOWLEDGED, THE PARTIES <br />HERETO AGREE AS FOLLOWS: <br />Section 1. Terms and Definitions: The terms listed below shall have the respective meaning given them as set forth adjacent to each <br />term. <br />(a) " property ".- (Address) 1020 US 70 West <br />Hillaborough, NC 27278 <br />Plat Reference: Lot(s) 4A & 2 , Block or Section , as shown on Plat Book or Slide <br />94 at Page(s) 68 _ Orange County, consisting of 10.9 acres. <br />If this box is checked, "Property" shall mean that property described on Exhibit A attached hereto and incorporated <br />herewith by reference, <br />(For information purposes: (i) the tax parcel number of the Property is: 9864 -39 -8253 a 9864 - 397758 <br />and, (ii) some or all of the Property, consisting of approximately acres, is described in Deed Book <br />DB4638/201 DB5244/78 DB344/29 Orange County.) <br />together with all buildings and improvements thereon and all fixtures and appurtenances thereto and all personal property, if any, <br />itemized on Exhibit A. <br />$ <br />$201,650.00 (b) "purchase Pricer' shall mean the sum of Two Hundred One Thousand six Hundred <br />Exfty Dollars, <br />payable on the following terms: <br />$ 2,500.00 (1) "Earnest Monev" shall mean Two Thousand, Five Hundred _ Dollars <br />or terms as follows: <br />Upon this Agreement becoming a contract in accordance with Section 14, the Earnest Money shall be <br />promptly deposited in escrow with Pickett - Sprouse Real Estate, Inc. (name of <br />person/entity with whom deposited- "Escrow Agent "), to be applied as part payment of the Purchase Price <br />of the Property at Closing, or disbursed as agreed upon under the provisions of Section 10 herein. <br />Page 1 of 8 <br />This form jointly approved by: STANDARD FORM 580 -T <br />North Carolina Bar Association Revised 7/2017 <br />PrALTORa North Carolina ojation of REALTORS ®, Inc 07/2017 <br />Buyer Initials i ` Seller Initials at°` v <br />Pickett- Spruu¢e Real &taro- Corporate, PO 52118 Durham, NC 27717 Phone: 919 -093-0395 Fax: 919A93.1523 Mo Purchase Orange <br />Mork MI-1 Fraduced w8h zlpForrn®by zipLogix 18070 Fifteen Mlk Road, Fraser, Michlgan 48026 www21pLeqfx& om <br />