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STATE OF NORTH CAROLINA COUNTY OF LEE AGREEMENT FOR THE PURCHASE AND SALE OF REAL PROPERTY THIS AGREEMENT FOR THE PURCHASE AND SALE OF REAL PROPERTY (the "Agreement") is made and entered into this _4r( day of OPD. MI&= 2017, by and between THE COUNTY OF LEE, a North Carolina governmental entity ("Purchaser"), or its assigns, and Eddie S. Winstead and Lynn Blackmon as Successor Trustee of the Ruby and Ernest McSwain Worthy Lands Trust, unmarried ("Seller"); WITNESSETH WHEREAS, Seller owns nine tracts of land located in Sanford, Lee County, North Carolina, being all shown on Exhibit A attached hereto (the "Property); and, WHEREAS, the Seller desires to sell to Purchaser the Property pursuant to the terms and conditions contained In this Agreement. NOW, THEREFORE, in consideration of the mutual representations, warranties, covenants and agreements contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto intending to be legally bound hereby agree as follows: 1. Prot)erty. Subject to the terms and conditions of this Agreement, Seller hereby agrees to sell to Purchaser, and Purchaser hereby agrees to purchase from Seller, all those parcels of land shown on Exhibit A attached hereto (the "Property"); 2. Purchase Price. The purchase price for the Property shall be One Million Ninety Thousand and 00/100 ($1,090,000.00) ("the Purchase Price"), payable as follows: a. $0.00 in Earnest Money paid at the time of execution of the Option to Purchase Real Estate. b. $1,090,000.00to be paid in immediately available funds at Closing (as hereinafter defined). Earnest Monev. Not Applicable 4. Seller's Representations and Warranties. a. Seller is the owner of good and marketable fee simple title to the Property, free and clear of all liens, royalty reservations or obligations, easements, restrictions, options, reservations, mortgages, security titles and interests, covenants, conditions, rights of way, licenses, permits, encumbrances, leases, tenancies, claims of tenants in possession and rights of any kind, except encumbrances that have been disclosed to Purchaser in writing.