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2025-734-E-DEAPR-Kennon Craver, Attorneys at Law-Amendment to Option of Purchase for property owned by Albert Kittrell and heirs of Wilbert McAdoo Jr
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2025-734-E-DEAPR-Kennon Craver, Attorneys at Law-Amendment to Option of Purchase for property owned by Albert Kittrell and heirs of Wilbert McAdoo Jr
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12/11/2025 1:29:08 PM
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Date
12/9/2025
Contract Starting Date
12/9/2025
Contract Ending Date
12/11/2025
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<br />4925-6080-7552, v. 1 <br />STATE OF NORTH CAROLINA AMENDMENT TO NORTH CAROLINA <br /> OPTION TO PURCHASE REAL PROPERTY <br />COUNTY OF ORANGE <br /> <br /> This Amendment to North Carolina Option to Purchase Real Property (this “Amendment”), dated as of <br />December 9, 2025, is made by and between ALBERT T. KITTRELL AND THE ESTATE OF WILBERT MCADOO, <br />JR., by ARIANNA M. HINTON, as Administrator of the Estate of Wilbert McAdoo, Jr. and individually and as an <br />heir to the estate of Wilbert McAdoo, Jr., and MATTHEW J. HINTON, individually as an heir to the Estate of Wilbert <br />McAdoo, Jr. (collectively, “Seller”), and ORANGE COUNTY (“Buyer”) for the purposes of: (i) naming new parties <br />to the Option (as defined below) following the death of Albert K. Kittrell,; (ii) evidencing the reduction to the purchase <br />price; (iii) evidencing the $1,000 option fee will not apply to the purchase price; and (iv) confirming the parties hereto <br />will complete the purchase transaction referenced herein and in the Option. <br /> <br />RECITALS <br /> <br /> WHEREAS, Albert T. Kittrell and Wilbert McAdoo, Jr. (collectively “Original Seller”) and Buyer <br />executed and delivered that certain North Carolina Option to Purchase Real Property dated as of June 14, 2023 (the <br />“Option”) pertaining to certain real property owned by the Original Seller shown and described on Exhibit A <br />attached hereto and incorporated by reference herein; and <br /> <br />WHEREAS, after the date the Option was executed by the Original Sellers, Wilbert McAdoo, Jr. died. <br /> <br />WHEREAS, the parties hereto wish to amend the Option as provided herein. <br /> <br />NOW, THEREFORE, in consideration of the premises and the mutual benefits recited herein, the parties <br />hereby agree as follows: <br /> <br /> 1. Recitals; Defined Terms. The above recitals are hereby fully incorporated in this Amendment. <br />Unless otherwise specifically defined herein, all capitalized terms used in this Amendment shall have the meanings <br />ascribed to them in the Option. <br /> <br /> 2. Parties to Option. Section A of the Option is hereby amended to reflect that the new parties are: <br /> <br /> SELLER BUYER <br /> <br /> Albert T. Kittrell and Orange County, a local body politic <br /> The Estate of Wilbert McAdoo, Jr. <br /> <br /> 3. Purchase Price. Section 3 of the Option is hereby amended to reflect the new purchase price of <br />$401,000.00. <br /> <br /> 4. Option Fee. Section C of the Option is hereby amended to reflect that the $1,000 Option Fee <br />previously paid to Seller will not be applied to the purchase price at closing. <br /> <br /> 5. Transaction Completion & Ratification. Buyer intends to complete the transaction as outlined in the <br />Option on or about December 11, 2025, and has, and hereby does, exercise the Option as amended hereby. Each <br />undersigned Seller ratifies and affirms the terms of the Option, as modified hereby, and agree to sell and convey the <br />Property to Buyer on the terms specified herein and in the Option. <br /> <br /> 6. Miscellaneous. Except as expressly modified by this Amendment, the Option remains unmodified <br />and in full force and effect. In the case of any inconsistency between the Option and this Amendment, the terms of <br />this Amendment shall govern and control. This Amendment shall be interpreted under the laws of the State of North <br />Carolina. <br /> <br />[Signature Pages Follow] <br /> <br />Docusign Envelope ID: 6ACBBE6E-954E-4A94-B477-6D69A8D1249F
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