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(e) "Examination Period" shall mean the period beginning on the first day after the Contract Date <br />and extending through 5:00 pm on see attached Addm. Failure to close for any reason after <br />expiration of the Examination Period shall cause the Buyer to forfeit the Earnest Money as provided by <br />North Carolina law. There is no other right to terminate by Buyer. TIME IS OF THE ESSENCE AS TO THE <br />EXAMINATION PERIOD. <br />(f) "Broker" shall mean: New Branch Real Estate Advisors <br />("Listing Agency'), ("Listing Agent" - <br />License # ), <br />Acting as: 0 Sellers Agent 0 Dual Agent <br />and ("Selling Agency"), <br />Agent"- License # ) <br />Acting as: Q Buyers Agent 0 Sellers (Sub) Agent 0 Dual Agent <br />(g) "Seller's Notice Address" shall be as follows: P.O. Box 707, Concord, NC 28026-0707; 65 Church <br />Street, Concord, NC 28025, with copy to Richard M. Koch, Cabarrus County Attorney, 3220-201 <br />Prosperity Church Road, Charlotte, NC 28269; e-mail address: kochlaw@ctc.net, fax number <br />704-503-5707, except as same may be changed pursuant to Section 10. <br />(h) 'Buyer's Notice Address" shall be as follows: Primax Properties, LLC, 1100 East <br />Morehead Street. Charlotte. NC 28204. Attn: Rob Neill <br />e-mail address rneill@primaxproperties. corn faxnumber 704-344-8288 <br />except as same maybe changed pursuant to Section 10. <br />Section 2. Sale of Property and Payment of Purchase Price: Seller agrees to sell and Buyer <br />agrees to buy the Property for the Purchase Price. Notwithstanding any other provision of this <br />Agreement, the Property is being sold "as is, where is", with all faults. <br />Section 3. Proration of Expenses and Payment of Costs: Seller and Buyer agree that all <br />property taxes (on a calendar year basis), leases, rents, mortgage payments and utilities or any other <br />assumed liabilities, if any, shall be prorated as of the date of Closing. Seller shall pay for preparation of a <br />deed and all other documents necessary to perform Sellers obligations under this Agreement, excise tax <br />(revenue stamps), if applicable, any deferred or rollback taxes, and other conveyance fees or taxes <br />required by law. Buyer shall pay recording costs, costs of any title search, title insurance, survey, the <br />cost of any inspections or investigations undertaken by Buyer under this Agreement and the following: <br />none <br />party shall pay its own attorneys fees. <br />Page 2 of 6 <br />Buyerinitials ? Sellerinitials <br />AlUchmenl number 1 \n <br />G-3 Page 138 <br />