Orange County NC Website
32 <br />Section 22. Brokers: Except as expressly provided herein, Buyer and Seller agree to indemnify and hold each other harmless from <br />any and all claims of brokers, consultants or real estate agents by, through or under the indemnifying party for fees or commissions <br />arising out of the sale of the Property to Buyer. Buyer and Seller represent and warrant to each other that: (i) except as to the Brokers <br />designated under Section 1(0 of this Agreement, they have not employed nor engaged any brokers, consultants or real estate agents to <br />be involved in this transaction and (ii) that the compensation of the Brokers is established by and shall be governed by separate <br />agreements entered into as amongst the Brokers, the Buyer and/or the Seller, <br />Section 23. Attorneys Fees: If legal proceedings are instituted to enforce any provision of this Agreement, the prevailing party in the <br />proceeding shall be entitled to recover from the non - prevailing party reasonable attorneys fees and court costs incurred in connection <br />with the proceeding. <br />EIFS/SYNTHETIC STUCCO: If the adjacent box is checked, Seller discloses that the Property has been clad previously <br />(either in whole or in part) with an "exterior insulating and finishing system" commonly known as "EIFS" or "synthetic stucco ", Seller <br />makes no representations or warranties regarding such system and Buyer is advised to make its own independent determinations with <br />respect to conditions related to or occasioned by the existence of such materials at the Property. <br />THE NORTH CAROLINA ASSOCIATION OF REALTORS ®, INC. AND THE NORTH CAROLINA BAR ASSOCIATION MAKE <br />NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN ANY <br />SPECIFIC TRANSACTION. IF YOU DO NOT UNDERSTAND THIS FORM OR FEEL THAT IT DOES NOT PROVIDE FOR <br />YOUR LEGAL NEEDS, YOU SHOULD CONSULT A NORTH CAROLINA REAL ESTATE ATTORNEY BEFORE YOU SIGN <br />IT. <br />BUYER: SELLER: <br />Individual Individual <br />Date: <br />Date: <br />Business Entity <br />(i`,' I q, f Entity) <br />Name: Ronnie B. B rel y <br />Title: <br />Date: � ( !r <br />Betsy `illey. <br />Date: <br />Date; <br />Business Entity <br />(Name. of Entity) <br />By: <br />Mune: <br />Title: <br />Date: <br />The undersigned hereby acknowledges receipt of the Earnest Money set forth herein and agrees to hold said Earnest Money in <br />accordance with the terms hereof. <br />Date: <br />Pickett- Sprouse Real Estate, Inc <br />(Name o € Escrow Agent) <br />By: <br />Page 8 of 8 <br />Produced with zipFormO by zipl-ogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 wvrrr.zipCogix.com <br />STANDARD FORM 580 -T <br />Revised. 7/2017 <br />© 7/2017 <br />MO—P=hase <br />