Laserfiche WebLink
STATE OF NORTH CAROLINA <br />AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY <br />COUNTY OF CABARRUS <br />THIS AGREEMENT ("Agreement'), is by and between N" 11U m ( I WV nU/ <br />Lurv�Pl �o-rr,(�ayyt! int. <br />a(n) ("Buyer"), and <br />(individual or type of entity) <br />CABARRUS COUNTY, a body politic and political subdivision of the State of North Carolina ("Seller") <br />FOR AND IN CONSIDERATON OF THE MUTUAL PROMISES SET FORTH AND OTHER GOOD AND VALUABLE <br />CONSIDERATON, THE RECEIPT AND SUFFICIENCY OF WHICH ARE ACKNOWLEDGED, THE PARTIES AGREE AS <br />FOLLOWS: <br />Section 1. Terms and Definitions: The terms listed below shall have the respective meaning given them <br />as set forth adjacent to each term. <br />1Vlin Cabarrus <br />County, consisting of :.n, A? acres. The PIN is 56)0( OaOB and the prior deed reference is <br />Book Page of the Cabarrus Public Registry. The legal description or other <br />information about the Property is attached as Exhibit A and incorporated by refe�r�e�n,,c/er. tt <br />$ S o (b) "Purchase Price" shall can the sum of` f ✓e h"'x'//iP n rh <br />FIVP �'L1ouG � F,VP h�olArrA Fif-�t—� oll rs, <br />^// �t //, payable on the following terms: <br />$ Uf / �' J rr (i) "Earnest Money" shall mean a deposit of 5.0% of the Purchase Price, <br />which deposit is payable to the Cabarrus County Clerk to the Board <br />upon Buyer's execution of this Agreement. The Clerk is not an escrow <br />agent for purposes of this Agreement. Her duties relative to this <br />Agreement are defined by North Carolina law. II <br />(ii) Cash balance of Purchase Price at Closing in the amount of 1 e Alow <br />e,n i-fioRsarid Zee s hwldf;JFef'en� 'h* Dollars. <br />(c) "Closine" shall mean the date of completion oftheprocess detailed in Section 9 of this <br />Agreement. Closing shall occur on or beforeil�r ra/Jits . TIMEIS OF THE ESSENCE AS <br />q <br />TO THE CLOSING DATE. QU � 1/a )JG <br />(d) "Contract Date' means the date this Agreement has been fully executed by both Buyer and <br />Seller. <br />/q <br />'�,,f Page lof6 <br />Buyer Initials L(/Seller Initials Attachment number s m <br />G-4 Page 114 <br />