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DocuSign Envelope ID:25564DEE-41EF-45E7-80D8-212E6649AB56 <br /> ADDITIONAL PROVISIONS ADDENDUM <br /> Property: 509 Central Avenue, Hillsborough, NC 27278 <br /> Seller: Shannon J Brown <br /> Buyer: Orange County <br /> This Addendum is attached to and made a part of the Offer to Purchase and Contract ("Contract") between Seller and Buyer for the <br /> Property. <br /> NOTE: All of the following provisions which are marked with an "X" shall apply to the attached Offer to Purchase and Contract or <br /> Offer to Purchase and Contract—Vacant Lot/Land("Contract"). Those provisions marked"N/A"shall not apply. <br /> 1. EXPIRATION OF OFFER: This offer shall expire unless unconditional acceptance is delivered to Buyer on or before <br /> ❑ AM ❑ PM,on TIME BEING OF THE ESSENCE, or until <br /> withdrawn by Buyer,whichever occurs first. <br /> 2. (To be used with Offer to Purchase and Contract Form 2-T only) SEPTIC SYSTEM INSTALLATION/ <br /> MODIFICATION: As a part of the Buyer's Due Diligence, Buyer intends to obtain an Improvement Permit or written <br /> evaluation from the County Health Department ("County") for a (check only ONE) ❑ conventional or ❑ other <br /> ground absorption sewage system for a bedroom home. <br /> Except for the costs for clearing the Property, all costs and expenses of obtaining such Permit or written evaluation shall <br /> be borne by Buyer unless otherwise agreed. Seller shall be responsible for clearing that portion of the Property required <br /> by the County to perform its tests and/or inspections by no later than <br /> NOTE: Insert a date that will allow testing to be completed prior to the end of the Due Diligence Period. <br /> 3. RENTALANCOME/INVESTMENT PROPERTY: The Property shall be conveyed subject to existing leases and/or <br /> rights of tenants. Seller shall deliver to Buyer on or before , <br /> true and complete copies of all existing leases, rental agreements, outstanding tenant notices, written statements of all <br /> oral tenant agreements, statement of all tenant's deposits,uncured defaults by Seller or tenants, and claims made by or to <br /> tenants,if any. <br /> NOTE: Insert a date that will allow review to be completed prior to the end of the Due Diligence Period. <br /> Any security deposit held in connection with any lease(s) shall be transferred to Buyer at Settlement and otherwise in <br /> accordance with North Carolina Tenant Security Deposit Act (N.C.G.S. § 42-54)Seller ❑ will ❑ will not transfer to <br /> Buyer any pet fee/deposit at Settlement. <br /> NOTE: DO NOT USE THIS PROVISION FOR PROPERTY SUBJECT TO THE NORTH CAROLINA VACATION <br /> RENTAL ACT.A VACATION RENTAL ADDENDUM SHOULD BE USED IN SUCH CASES. <br /> 4. x AGREED-UPON REPAIRS AND/OR IMPROVEMENTS: Seller agrees, prior to Settlement Date and at Seller's <br /> expense,to complete the following items: 1- Seller to pay off all liens <br /> 2.Buyer to reimburse Mr. Carroll for the cost of the appraisal in the amount of <br /> $460 <br /> 3. The buyer would also like a 5 day due diligence period. <br /> Buyer shall have the right to verify, prior to Settlement, that the above items have been completed in a good and <br /> workmanlike manner. <br /> This form jointly approved by: Page 1 of 2 STANDARD FORM 2A11-T <br /> North Carolina Ra- Association 1: 1 <br /> C Revised 7/2015 <br /> REACTOR® North Carol' b� ciation of REALTORS®,Inc. oPPOR <br /> �rNC ©7/2018 <br /> Buyer initials Seller initials <br /> Verbal Realty&Associates,PO Box 361 Morrisville NC 27560 Phone:(919)519-1700 Fax 509 Central <br /> Kimberly Verbal Produced with zipForm®by zipLogix 18070 Fifteen Mile Road,Fraser,Michigan 48026 www.zioLociix.com <br />