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2017-609 AMS - Town of Carrboro - Development Agreement Regarding Southern Branch Library
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2017-609 AMS - Town of Carrboro - Development Agreement Regarding Southern Branch Library
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Last modified
6/21/2018 10:30:21 AM
Creation date
1/28/2019 2:46:26 PM
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Contract
Date
12/4/2017
Contract Starting Date
12/4/2017
Contract Document Type
Agreement
Agenda Item
10/17/17; 6-c
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EXHIBIT A (the "Property ") attached hereto and incorporated herein by reference. <br />The Property hereinabove described was acquired by Grantor by instrument recorded in <br />Book 5517, Page 541, Orange County Registry. <br />The Property herein conveyed does not include the primary residence of Grantor. <br />TO HAVE AND TO HOLD the aforesaid Property and all privileges and appurtenances <br />thereto belonging to the Grantee in fee simple. <br />And Grantor covenants with Grantee, that Grantor has done nothing to title to impair <br />such title as Grantor received, and Grantor will warrant and defend the title against the lawful <br />claims of all persons claiming by, under or through Grantor, except for the exceptions hereinafter <br />stated. <br />Title to the Property is subject to the following exceptions: (i) the lien of real estate taxes, <br />taxes imposed by special assessment and water, sewer, vault, public space and other public <br />charges which are not yet due and payable, (ii) all applicable laws (including zoning, building <br />ordinances and land use regulations), (iii) all easements, restrictions, covenants, agreements, <br />conditions, and other matters of record, and (iv) all matters that may be revealed by a current and <br />accurate survey or inspection of the Property. <br />Grantor makes no warranty or representation as to the condition of the Property or any <br />improvements thereon, including without limitation, any latent or environmental defects in the <br />Property or in any improvements thereon and the serviceability or fitness for a particular <br />purpose of the Property or any improvements thereon, and Grantee accepts the Property and any <br />improvements thereon "AS IS" without recourse against Grantor. <br />[Signature page follotivs. ] <br />#931146 <br />
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