Agenda - 08-25-2008 - c1 - Laserfiche WebLink

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Jul. 30 08 06:35a 000-000-0000 1 ~~ Exit Realty Southpoint 1415 NC Hwy 54 West Suite 104 Durham, NC 27707 Phone: 919-493-3100, .Fax: 9'f9-493-311a AGREEII'IFd~'T TO AMIIYD CONTRACT Vb'ARMNG: ALL PARTfES, INCLUI}l3dG ANY LENDER, hNST BE PROVIDED A COPY OF THIS AGREEMENT BoB Barrett Stepney Hdwards as Buyer, and $sther Tate Chirstopher Tate 8ric T. Tate Jeffery D. Tate Ann SehaFrd as Seller, have entered into a contract on the Offer to Purchase attd Contract jform 2-T} or the Offer to Purchase and Contract -Vacant LotEI.srtd (form 12-T} ("Contract") regarding the purchase and sale of the following property {in~rtproperty address): #2 School House Rd & #~ School House Rd ~ ~~ ("Property"). ~. ~ ~`~' ~ ~I - ~ 'S . ~-- / .-~_ Buyer and S eller hereby agree to amend the Contract as set forth below (check applicable boxes}J: ^ Purchase Price. The purchase price is hereby changed to: $ n1a ^ Additional Earnest Money. 5 n/ & additional earnest money deposit shall be paid to Escrow Agent no later than a/a , TZIv1E BEING OF THE 1=SSENCE WITH REGARD TO SAID DATE ^ Loan Condition. The Ioan condition is hereby amended as follows [checkall applicable box(es)): ~ Type: The type of loan Buyer roust be able to obtain is hereby changed to: a/a ^ Fixed/Adjustable Rate: The type of loan rate is hereby changed to: a/ a ^ Principal Amount: The principal amount of the loan is hereby changed to: r,/a ^ Term: The term of the loan is hereby changed to: a/a year(s) ~ Interest Rate: The interest rate for the loan is hereby changed to: an initial rate not to exceed n/ a °.~o ^ Mortgage Loan Discount Points: The mortgage loan discount points are hereby changed to: nor to exceed a/a °10 of the loan amount Q Loan Origination Feet The Loan origination fee is hereby changed to: not to exceed a/a % of the loan amount Loan Application: The number of days following the Effective Dante tivithin which Buyer shall make written application for the Loan, autbori~e say required appraisal and pay any necessary fees is hereby changed to: a! a days ~ Buyer's RigLt to Terminate: The number of days following the Effective Date within whicb Buyer shall have the right to terminate this contract because Buyer is not satisfied that the Loan will be approved and funded is hereby changed to a/a days. ^ Facpenses. The amount Seller shall pay at Qositag toward Buyer's expenses associated with the purchase of the Property is hereby Changed IO: $ a1a . ^ Inspections/RepairNcgotiations. The timeframe(s) for InspectionslRepair Negotiations set forth in Alternative 1, subsection {b} of paragraph 16 of the Contract is%are hereby amended as follows [check all upplieable box(es)]: !J Repair No4ce Date: The Repair Notice Date set forth in Alternative 1, subsection (b) of paragraph 16 of the Contract is hereby changed to: a/a ^ Seller's Response Time: The number of days within which Seller shall provide written notice to Buyer of 5eller'sresponse to Buyer's written notice ofNecessary Repairs is hereby changed to n1a days. ^ Buyer's Respon~ Time: The ntu~er of days within which Buyer shall deliver Buyer'swritten decision after receiving Seilel's PREPARED BY: sLepney edvirrrd~ broker STANDARD FORM 33D-7 Revised 7/2008 iC 712008. North CatoliiYa Associaticn cf REALTORS Inc. ~ "~7Of~ ReaIF ~S , t~J2006, Velstpn 6.17 Beta. Software RegtstaYed io: O`Fice Manager, Exit Beatty 5outhpoiM _~...~f~~@qe 1~ ~(~ fii roar irriials ~'2 %~;/¢ 07!©x08'17:45:57. 5~'er irtilials ~ `J f~ ! !~!^J ~ y~