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DocuSign Envelope ID:25564DEE-41EF-45E7-80D8-212E6649AB56
<br /> (c) Access to Property: Seller shall provide reasonable access to the Property (including working, existing utilities) through the
<br /> earlier of Closing or possession by Buyer,including,but not limited to, allowing Buyer and/or Buyer's agents or representatives, an
<br /> opportunity to (i) conduct Due Diligence, (ii) verify the satisfactory completion of negotiated repairs/improvements, and (iii)
<br /> conduct a final walk-through inspection of the Property.
<br /> NOTE: See WARNING in paragraph 4 above for limitation on Buyer's right to terminate this Contract as a result of Buyer's
<br /> continued investigation of the Property following the expiration of the Due Diligence Period.
<br /> (d) Removal of Seller's Property: Seller shall remove, by the date possession is made available to Buyer, all personal property
<br /> which is not a part of the purchase and all garbage and debris from the Property.
<br /> (e) Affidavit and Indemnification Agreement: Seller shall furnish at Settlement an affidavit(s) and indemnification agreement(s)
<br /> in form satisfactory to Buyer and Buyer's title insurer, if any, executed by Seller and any person or entity who has performed or
<br /> furnished labor, services,materials or rental equipment to the Property within 120 days prior to the date of Settlement and who may
<br /> be entitled to claim a lien against the Property as described in N.C.G.S. §44A-8 verifying that each such person or entity has been
<br /> paid in full and agreeing to indemnify Buyer, Buyer's lender(s) and Buyer's title insurer against all loss from any cause or claim
<br /> arising therefrom.
<br /> (f) Designation of Lien Agent, Payment and Satisfaction of Liens: If required by N.C.G.S. §44A-11.1, Seller shall have
<br /> designated a Lien Agent, and Seller shall deliver to Buyer as soon as reasonably possible a copy of the appointment of Lien Agent.
<br /> All deeds of trust, deferred ad valorem taxes, liens and other charges against the Property,not assumed by Buyer, must be paid and
<br /> satisfied by Seller prior to or at Settlement such that cancellation may be promptly obtained following Closing. Seller shall remain
<br /> obligated to obtain any such cancellations following Closing.
<br /> (g) Good Title, Legal Access: Seller shall execute and deliver a GENERAL WARRANTY DEED for the Property in recordable
<br /> form no later than Settlement,which shall convey fee simple marketable and insurable title,without exception for mechanics' liens,
<br /> and free of any other liens, encumbrances or defects, including those which would be revealed by a current and accurate survey of
<br /> the Property,except: ad valorem taxes for the current year(prorated through the date of Settlement);utility easements and unviolated
<br /> covenants, conditions or restrictions that do not materially affect the value of the Property; and such other liens, encumbrances or
<br /> defects as may be assumed or specifically approved by Buyer in writing. The Property must have legal access to a public right of
<br /> way.
<br /> NOTE: Buyer's failure to conduct a survey or examine title of the Property,prior to the expiration of the Due Diligence Period does
<br /> not relieve the Seller of their obligation to deliver good title under this paragraph.
<br /> NOTE: If any sale of the Property may be a "short sale," consideration should be given to attaching a Short Sale Addendum
<br /> Form 2A14-T)as an addendum to this Contract.
<br /> (h) Deed, Taxes and Fees: Seller shall pay for preparation of a deed and all other documents necessary to perform Seller's
<br /> obligations under this Contract, and for state and county excise taxes, and any deferred, discounted or rollback taxes, and local
<br /> conveyance fees required by law.The deed is to be made to: Orange County
<br /> (i) Agreement to Pay Buyer Expenses: Seller shall pay at Settlement$ toward any of Buyer's expenses
<br /> associated with the purchase of the Property, at the discretion of Buyer and/or lender, if any, including any FHANA lender and
<br /> inspection costs that Buyer is not permitted to pay.
<br /> NOTE: Parties should review the FHA/VA Addendum prior to entering an amount in Paragraph 8(i). Certain FHA/VA lender and
<br /> inspection costs CANNOT be paid by Buyer at Settlement and the amount of these should be included in the blank above.
<br /> 0) Owners'Association Fees/Charges: Seller shall pay: (i) any fees required for confirming Seller's account payment information
<br /> on owners' association dues or assessments for payment or proration; (ii) any fees imposed by an owners' association and/or a
<br /> management company as agent of the owners' association in connection with the transaction contemplated by this Contract other
<br /> than those fees required to be paid by Buyer under paragraph 6(b) above; and (iii) fees incurred by Seller in completing the
<br /> Residential Property and Owners' Association Disclosure Statement, and resale or other certificates related to a proposed sale of the
<br /> Property.
<br /> (k) Payment of Confirmed Special Assessments: Seller shall pay, in full at Settlement, all Confirmed Special Assessments,
<br /> whether payable in a lump sum or future installments,provided that the amount thereof can be reasonably determined or estimated.
<br /> The payment of such estimated amount shall be the final payment between the Parties.
<br /> Page 8 of 13
<br /> STANDARD FORM 2-T
<br /> HDS T
<br /> Revised 7/2018
<br /> Buyer initials Seller initials ©7/2018
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