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DocuSign Envelope ID:OB84529C-8602-4654-97OB-OAE797lA9DE3 <br /> William A.Anderson,III <br /> KENNON CRAVERA <br /> Gwendolyn C.Brooks* <br /> Joel M.Craig PlI c <br /> G.Rhodes Craver <br /> James R.Easthom <br /> Brian M.Ferrell <br /> William T.Hutchins,Jr.** <br /> Deborah A.McDermott <br /> Henry W Sappenfield <br /> Leigh P. Vancil <br /> *Board Certified Specialist in <br /> Estate Planning&Probate Law <br /> **Board Certified Specialist in Real Property Law <br /> Business,Commercial and Industrial Transactions <br /> E-mail:bferrell(a,kennoncraver.com <br /> February 15,2019 <br /> Ms. Kim Livingston <br /> Land Conservation Manager <br /> Orange County,North Carolina <br /> P.O. Box 8181 <br /> Hillsborough,North Carolina 27278 <br /> RE: Engagement For Legal Services: Purchase of a portion of 6900-NC 54 W,Mebane,NC <br /> property <br /> Dear Ms. Livingston: <br /> We are pleased to represent Orange County in the acquisition of an approximately 13-acre portion <br /> of the above referenced property(the"Transaction"). If agreeable to the County,this letter establishes the <br /> terms of our engagement. <br /> Title Search&Title Insurance <br /> The property to be purchased in the Transaction is an approximately 13-acre portion of the parcel <br /> identified as having Orange County PIN 9820-51-5411 (the "Property"). In preparation for closing, we <br /> will perform a title search on the Property. The nature of that search may take on many one of two forms, <br /> depending upon whether or not the title has previously been insured. If the title has not been previously <br /> insured, a search of the public records for a period of time satisfactory to the title insurance company will <br /> be required. If the title has previously been insured, we can obtain coverage for the County by having the <br /> title examined from the effective date of that coverage to the present. The process of performing only a <br /> limited title search is what is known as "tacking". If we tack to an existing title insurance policy, the <br /> County will be relying on its policy of title insurance and not our having actually examined the public <br /> records for any matter affecting title prior to the date of the existing policy of title insurance to which we <br /> tacked. Therefore, absent your timely objection,we will determine if title insurance coverage exists on the <br /> Property and, if so, have the public records examined only from the date of that coverage to the present. <br /> 1 <br />