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OFFER TO PURCHASE AND CONTRACT
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<br />Cabarrus County, a body politic , as Buyer,
<br />hereby offers to purchase and Teresa B. Eudy , as Seller,
<br />upon acceptance of said offer, agrees to sell and convey, all of that plot, piece or parcel of land described below, together with all improvements
<br />located thereon and such fixtures and personal property as are listed below (collectively referred to as "the Property"), upon the following terms and
<br />conditions:
<br />'1. REAL PROPERTY: Located in the City of , County of
<br />Cabarrus , State of North Carolina, being known as and more particularly described as:
<br />Street Address Zip
<br />Legal Description! a forty-five (45) foot right of wa), over and upon PIN # 4691-07-5928
<br />( [] All [] A portion of the property in Deed Reference: Book , Page No. , County.)
<br />NOTE: Prior to signing the Offer to Purchase and Contract, Buyer is advised to review Restrictive Covenants, if any, which may limit the use of the
<br />Property, and to read the Declaration of Restrictive Covenants, By-Laws, Articles of Incorporation, Rules and Regulations, and other governing
<br />documents of the owners' association and/or the subdivision, if applicable.
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<br /> 2. F!XTURZ$: The fo!!owin9 items, if any, are included in the purchase price free of liens: any built-in appliances, light fixtures, ceiling fans,
<br /> attached floor coverings, I~linds and shades including window hardware, window and door screens, storm windows, combination doors, awnings,
<br /> antennas, satellite dishes and receivers, burglar/fire/smoke alarms, pool and spa equipment, solar energy systems, attached fireplace screens, gas
<br /> logs, fireplace inserts, electric, garage door openers with controls, outdoor plants and trees (other than in movable containers), basketball goals,
<br />· storage sheds, mailboxes, wall and/or door mirrors, and any items attached or affixed to the Property, EXCEPT the following items:
<br /> none
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<br />3. PERSONAL PROPERTY: The following personal property is included in the purchase price: none
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<br />4. PURCHASE PRICE: The purchase price is $ See Exhibil A attached and shall be paid as follows:
<br />(a) $ , EARNEST MONEY DEPOSIT by [] cash [] personal check [] bank check [] certified check [] other
<br />to be deposited and held in escrow by. ,
<br />escrow agent, until the sale is closed, at which time it will be credited to Buyer, or until this contract is otherwise terminated. In the event; (1) this
<br />offer is not'accepted; or (2) any of the conditions hereto are not satisfied, then all earnest monies shall be returned to Buyer. In the event of breach
<br />of this contract by Seller, upon Buyer's 'request, all earnest monies shall be returned to Buyer, but such return shall 'not affect any other remedies
<br />available to Buyer for such breach. In the event this offer is accepted and Buyer breaches this contract, then all earnest monies shall be forfeited
<br />upon Seller's request, but receipt of such forfeited earnest monies shall not affect any other remedies available to Seller for such breach.
<br />NOTE: In the event of a dispute between Seller and Buyer over the return or forfeiture of earnest money held in escrow by a broker, the broker is
<br />required by state law to retain said earnest money in the broker's trust or escrow account until a written release from the parties consenting to its
<br />disposition has been obtained or until disbursement is ordered by a court of competent jurisdiction.
<br />(b) $ , ADDITIONAl. EARNEST MONEY DEPOSIT to be paid to escrow agent no later than
<br />(c) $ , BY ASSUMPTION of the unpaid principal balance and all obligations of Seller on the existing loan (s)
<br /> secured by a deed of trust on the Property in accordance with the attached Loan Assumption Addendum.
<br />(d) $ , BY SELLER FINANCING in accordance with the attached Seller Financing Addendum.
<br />(e) $ , BALANCE of the purchase price in cash at closing.
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