2019-248-E Housing - Kennon Craver legal services for 509 Central Ave

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DocuSign Envelope ID:25564DEE-41EF-45E7-80D8-212E6649AB56 15. ADDENDA: CHECK ALL STANDARD ADDENDA THAT MAY BE A PART OF THIS CONTRACT, IF ANY, AND ATTACH HERETO.ITEMIZE ALL OTHER ADDENDA TO THIS CONTRACT,IF ANY,AND ATTACH HERETO. N Additional Provisions Addendum(Form 2A11-T) ❑ Loan Assumption Addendum(Form 2A6-T) ❑ Additional Signatures Addendum(Form 3-T) ❑ New Construction Addendum(Form 2A3-T) ❑ Back-Up Contract Addendum(Form 2A1-T) ❑ Owners'Association Disclosure And Condominium ❑ Contingent Sale Addendum(Form 2A2-T) Resale Statement Addendum(Form 2Al2-T) ❑ FHA/VA Financing Addendum(Form 2A4-T) ❑ Seller Financing Addendum(Form 2A5-T) ❑ Lead-Based Paint Or Lead-Based Paint Hazard Addendum(Form 2A9-T) ❑ Short Sale Addendum(Form 2A14-T) ❑ Vacation Rental Addendum(Form 2A13-T) ❑ Identify other attorney or party drafted addenda: Addendum to Offer to Purchase and Contract NOTE: UNDER NORTH CAROLINA LAW, REAL ESTATE BROKERS ARE NOT PERMITTED TO DRAFT ADDENDA TO THIS CONTRACT. 16. ASSIGNMENTS: This Contract may not be assigned without the written consent of all parties except in connection with a tax- deferred exchange,but if assigned by agreement,then this Contract shall be binding on the assignee and assignee's heirs and successors. 17. TAX-DEFERRED EXCHANGE: In the event Buyer or Seller desires to effect a tax-deferred exchange in connection with the conveyance of the Property, Buyer and Seller agree to cooperate in effecting such exchange; provided, however, that the exchanging party shall be responsible for all additional costs associated with such exchange, and provided further,that a non-exchanging party shall not assume any additional liability with respect to such tax-deferred exchange.Buyer and Seller shall execute such additional documents, including assignment of this Contract in connection therewith, at no cost to the non-exchanging party, as shall be required to give effect to this provision. 18. PARTIES: This Contract shall be binding upon and shall inure to the benefit of Buyer and Seller and their respective heirs, successors and assigns. As used herein, words in the singular include the plural and the masculine includes the feminine and neuter genders,as appropriate. 19. SURVIVAL: If any provision herein contained which by its nature and effect is required to be observed, kept or performed after the Closing, it shall survive the Closing and remain binding upon and for the benefit of the parties hereto until fully observed, kept or performed. 20. ENTIRE AGREEMENT: This Contract contains the entire agreement of the parties and there are no representations, inducements or other provisions other than those expressed herein. All changes, additions or deletions hereto must be in writing and signed by all parties. Nothing contained herein shall alter any agreement between a REALTORO or broker and Seller or Buyer as contained in any listing agreement,buyer agency agreement,or any other agency agreement between them. 21. CONDUCT OF TRANSACTION: The parties agree that any action between them relating to the transaction contemplated by this Contract may be conducted by electronic means, including the signing of this Contract by one or more of them and any notice or communication given in connection with this Contract. Any written notice or communication may be transmitted to any mailing address, e-mail address or fax number set forth in the "Notice Information" section below. Any notice or communication to be given to a party herein, and any fee, deposit or other payment to be delivered to a party herein,may be given to the party or to such party's agent. Seller and Buyer agree that the "Notice Information" and "Acknowledgment of Receipt of Monies" sections below shall not constitute a material part of this Contract, and that the addition or modification of any information therein shall not constitute a rejection of an offer or the creation of a counteroffer. 22. EXECUTION: This Contract may be signed in multiple originals or counterparts, all of which together constitute one and the same instrument. 23. COMPUTATION OF DAYS/TIME OF DAY: Unless otherwise provided, for purposes of this Contract, the term "days" shall mean consecutive calendar days, including Saturdays, Sundays, and holidays, whether federal, state, local or religious. For the purposes of calculating days, the count of "days" shall begin on the day following the day upon which any act or notice as provided in this Contract was required to be performed or made. Any reference to a date or time of day shall refer to the date and/or time of day in the State of North Carolina. Ds Page 10 of 13 STANDARD FORM 2-T Buyer initials Seller initials Revised 7/2018©7/2018 Produced with zipForm®by zipLogix 18070 Fifteen Mile Road,Fraser,Michigan 48026 www.zipLoaix.com 509 Central