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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 Y ICI GIG IIV,6yibW <br />Lu�P.( CamQantl 'k m, <br />afnl � I"Buver'1. 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 AGREEAS <br />FOLLOWS: <br />Section 1. Terms and Definitions: The terms listed below shall have the respective meaning given them <br />as setforth adjacent to each term. <br />County, consisting of 7.6. "A? acres. The PIN is 5 6101 97035 0000 , 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 reference. <br />$ (b)('"��PurchaselPrice"shall ea('n the sum of f✓e hk4rj A°r <br />{-11/P '1"VIb1AG-0 Five "AtIrrA f iElAr Doll rs, <br />payable on the following terms: 1 <br />$ V'b 1 �'J ti (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 Buyers 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. {r, j <br />(ii) Ca`sh ba1la'nce of Purchase Price at Closing in the amount of 61 e AKA)red <br />F1, 11} TI'10 kS0./1()' seven �I w'Y�ry� Term 'IWr1 Dollars. <br />(c) "Closine" shall mean the date of completion of the process detailed in Section 9 of this <br />Agreement. Closing shall occur on or before IN rAI/ltri . qTIMEISOFTHE ESSENCE AS <br />TO THE CLOSING DATE. /q C/' I/ai/�� <br />(d) "Contract Date" means the date this Agreement has been fully executed by both Buyer and <br />Seller. <br />qq' ,�,((/////AA Page 1 of 6 <br />Buyer Initials /'x/' Seller Initials Attachment number 3 <br />G-3 Page 150 <br />