HomeMy WebLinkAbout2019-353 AMS - PNC Bank Hillsborough Commons SNDAA BK 6621 PG 2235-2245(11) DOC#30005136
This Document eRecorded: 08/02/2019 01:39:22 PM
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National O mm=lial Servic'n
1201 Walnut,So%]DD
Konsas Ciry,MO 64106q W 1_., _.Loan No.940961407
File Na:NCS �1�
THIS SUBORDINATION,NON-MIST ANCE AND ATTORNMENT AGREEMENT
(this"Agreement")dated as oFthis I J�day of 20ZJ by and among PNC BANK,
NATIONAL ASSOCIATION(together with its succe ors and assigns,the"Mortgagee"),with an
address at 10851 Mastin,6th Floor,Overland Park,KS 66210, Hillsborough NC I SGF,LLC
who is,or will become,the landlord(the"Landlord")under the Lease(defined below),with an address
at One North Wacker,Suite_4025,Chicago,IL 60606 ,and_Orange County.North Carolina dlbla
Government of Orange County_(the"Tenant"),with an address at P.O.Box 9181,Hillsborough,NC
27278 .
W TTNE ETH THAT:
WHEREAS,under the terms of a certain lease agreement dated_July 25.2008,and as amended
by Lease Modification dated January 12, 2015, delivery of Possession dated January 13,2015, Lease
Modification dated November 12, 2015, Lease Modification dated September 20, 2018, Lease
Modification dated March 17,2019 (the"Lease")entered into by Tenant(or Tenant's predecessor-in-
interest), the demised real property described in the Lease (the "Demised Preaaiise ') was leased to
Tenant pursuant to the terns and conditions more particularly described therein, constituting all or a
portion of that certain real property located in Hillsborou h ommons 113 Mao Street Hillsborough
NC) Orange County, North Carolina , and more particularly described in Exhibit "A" attached
hereto(the"Property");and
WHEREAS,pursuant to a loan agreement(the"Loan Agreement")and a promissory note(the
"Note"), the Mortgagee made or will make a loan to the Landlord. The obligations under the Loan
Agreement and Nate are or will be secured by a mortgage instrument covering the Property (the
"Mortgage") from the Landtord to the Mortgagee, and retarded or to be recorded in the real estate
records of the aforesaid County and State, and are or will be also secured by an assignment of the
Landlord's interest in all leases of the Property(the"Assignment"),recorded or to be recorded in the real
estate records of the aforesaid County and State(the Loan Agreement,Note,Mortgage,Assignment and
any and all other documents executed in connection with the Loan, as the same may be amended,
renewed,replaced or supplemented from time to time,collectively the"Loan Documents");and
WHEREAS,the Mortgage provides or shall provide that the Lease shall be subordinate to the
Mortgage and the Loan Documents and the parties hereto desire to confirm such subordination and to
establish rights of quiet and peaceful possession for the benefit of the Tenant under the Lease and to
define the terms,covenants and conditions precedent for such rights.
NOW,THEREFORE,in consideration of the mutual promises and covenants herein contained
and intending to be legally bound,the parties hereto agree as follows:
1. Subordination of Lease. The Lease and the entire right, title and interest of the Tenant
thereunder(including without limitation, any purchase options, rights of first refusal or similar rights
possessed by the Tenant with respect to the Property)are and shall be subject and subordinate in all
respects to the lien,right,title and terms of the Loan Documents and,in particular,the Mortgage and all
advances made or to be made thereunder. The Tenant acknowledges and agrees that this Agreement
submitted electronicall by "First American Title NCS Kansas City"
in Compliance with worts Carolina statutes governing recordable documents
and the terms of the submitter agreement with the orange County Register of Deeds.
submitted electronically by "First American Title NCS Kansas city"
in compliance with North Carolina statutes governing recordable documents
and the terms of the submitter agreement with the orange county Register of Deeds.
BK 6621 PG 2236 DOC# 30005136
supersedes(but only to the extent inconsistent with)any provisions of the Lease relating to the priority or
subordination of the Lease and the interests or estates created thereby to the Mortgage.
2. Consent of Tenant. The Tenant acknowledges notice of and consents to the Mortgage, the
Assignment and the terms and conditions thereof. The Tenant agrees to recognize the rights of the
Landlord under the Lease, until notified otherwise in writing by the Mortgagee, as herein provided. The
Landlord and Tenant agree that if the Mortgagee, the Landlord or the Landlord's property manager
delivers to the Tenant a notice requesting that all payments due under the Lease be thereafter paid directly
to the Mortgagee,the Tenant shall thereafter make,and is hereby authorized and directed by the Landlord
to make, all such payments directly to the Mortgagee, as provided in the Mortgage and the Assignment,
without any duty of further inquiry on the part of the Tenant, such payments to be made regardless of any
right of set-off,counterclaim or other defense which the Tenant may have against the Landlord, whether
as tenant under the Lease or otherwise. Mortgagee and Landlord hereby agree that Tenant's compliance
with such direction shall satisfy Tenant's corresponding payment obligation under the Lease. Except as
provided herein if Mortgagee,prior to its acquisition of Landlord's title to the Property, shall at any time
exercise a right to receive rent and other sums due under the Lease, Mortgagee shall not thereby become
obligated to Tenant for the performance of any of the terms, covenants, conditions or agreements of
Landlord under the Lease.
3. Tenant's Duty to Notify Mortgagee of any Default Under the Lease. Any notice of
default, notice of exercise of lease option,or other notice required or permitted to be given by the Tenant
to the Landlord shall be simultaneously given also to the Mortgagee, and any right of the Tenant
dependent upon notice shall take effect only after such notice to the Mortgagee is so given. Performance
by the Mortgagee shall satisfy any conditions of the Lease requiring performance by the Landlord.
Without limiting the generality of the foregoing, the Tenant shall provide the Mortgagee with prompt
notice of any asserted default against the Landlord under the Lease. In the event of any act or omission of
the Landlord which would give the Tenant the right, immediately or after lapse of time, to cancel or
terminate the Lease,or to claim a partial or total eviction or to exercise any other remedy,the Tenant shall
not exercise such right or remedy until Mortgagee has received notice and has failed within a period of
thirty (30)days to cure said default, said cure period commencing after the end of Landlord's cure period
and after Mortgagee is entitled under the Mortgage and the Assignment to remedy same,or, if the same is
not reasonably capable of being remedied by Mortgagee within such period, until a reasonable period for
remedying such default has elapsed following the giving of such notice and following the time when the
Mortgagee shall have become entitled under the Mortgage and the Assignment to remedy the same
(which reasonable period shall in no event be less than the period to which Landlord would be entitled
under the Lease or otherwise, after similar notice, to effect such remedy); provided that the Mortgagee
shall give the Tenant written notice of its intention to, and shall commence and continue with due
diligence to,remedy such act or omission. If the Mortgagee cannot reasonably remedy a said default until
after the Mortgagee obtains possession of the Property, the Tenant may not terminate or cancel the Lease
or claim a partial or total eviction by reason of such default until the expiration of a reasonable period
necessary for the remedy after the Mortgagee institutes proceedings to obtain possession of the Property
through a foreclosure or otherwise,or for the appointment of a receiver for the Property,provided that the
Mortgagee institutes and prosecutes such proceedings with due diligence. Under no circumstances shall
Mortgagee's cure period extend more than ninety (90) days beyond the date Tenant provides the notice
contemplated in this paragraph. Notwithstanding the foregoing,the Mortgagee shall have no obligation to
remedy or to continue to remedy any such act or omission.
4. Nondisturhance of Tenant. Provided (i) the Lease shall at all times be in full force and
effect, (ii) the term of the Lease has commenced,(iii) the Tenant is in actual possession of the Demised
Premises, and (iv) the Tenant shall not be in default thereunder (beyond any cure period given to the
Tenant to cure such default),then:
A-2 Form 12F—Rev.4/34118
BK 6621 PG 2237 DOC# 30005136
(a) The right of possession by the Tenant to the Demised Premises and any or all of the
Tenant's rights under the Lease(other than any Purchase Right)(hereinafter defined)shall not be
interfered with, diminished, impaired, or terminated by, and Tenant's occupancy of the Premises
shall not be disturbed by, the Mortgagee (or by anyone claiming by, through or under the
Mortgagee)in the exercise of any of the Mortgagee's rights under the Loan Documents.
(b) The Tenant shall not be named as a party defendant to any foreclosure of the lien of
the Mortgage and any such foreclosure shall not have the effect of terminating, or be interpreted
as terminating,the Lease. However, Tenant may be named as a party defendant if Mortgagee is
required by any applicable law, order, regulation, rule of court or judicial decision to name the
Tenant as a party defendant. Notwithstanding the foregoing, if it would be procedurally
disadvantageous for the Mortgagee not to name or join the Tenant as a party in a foreclosure
proceeding with respect to the Mortgage,the Mortgagee may so name or join the Tenant without
in any way impacting the Lease or diminishing or otherwise affecting the rights and privileges
granted to,or inuring to the benefit of,the Tenant under this Agreement.
(c) If the Mortgagee or any Foreclosure Purchaser (defined below) comes into
possession of the Property (through receivership, as a mortgagee in possession, or otherwise) or
acquires the leasehold interest of the Landlord by foreclosure of the Mortgage, or by proceedings
under the Loan Documents, deed in lieu or otherwise, the Lease shall not be terminated by any
such foreclosure or proceedings; and the Lease shall continue in full force and effect upon the
Tenant's attornment, as hereinafter provided, as a direct lease between the Tenant and the
Mortgagee or any Foreclosure Purchaser upon all the terms, covenants, conditions and
agreements set forth in the Lease and this Agreement.
Notwithstanding the foregoing, Tenant agrees that any option to purchase the Property, right of first
refusal to purchase the Property or right of first offer to purchase the Property or any portion thereof(each
a"Purchase Right'),as may be provided in the Lease shall not apply to any action to appoint a receiver
or to obtain title to the Property by foreclosure, deed in lieu of foreclosure, or otherwise, and shall not
apply to any transfer of the Property by the Mortgagee or Foreclosure Purchaser,and shall be terminated
after any foreclosure,or deed in lieu thereof.
5. Attornment of Tenant_to Mortzaaee or Foreclosure Purchaser. If the Mortgagee or any
Foreclosure Purchaser shall succeed to the rights of the Landlord under the Lease, then such Mortgagee,
Foreclosure Purchaser,or other successor in interest shall be deemed to have also succeeded to the duties,
obligations, and responsibilities of the Landlord under the Least and the Tenant shall attom to and
recognize the Mortgagee or such Foreclosure Purchaser as the Tenant's landlord under the Lease and the
Mortgagee or such Foreclosure Purchaser shall be conclusively deemed to have accepted such attornment.
Such attornment shall be self-operative and effective without execution and delivery of any further
instrument, immediately upon the Mortgagee's or any Foreclosure Purchaser's succession to the interest
of the Landlord under the Lease. Upon such attornment, the Lease shall continue in full force and effect
as a direct lease between the Mortgagee or such Foreclosure Purchaser and the Tenant except that the
Mortgagee or such Foreclosure Purchaser shall not be bound by any amendment or modification of the
Lease made without the Mortgagee's written consent and except that the Mortgagee or such Foreclosure
Purchaser shall not:
(a) Be liable to the Tenant for any past act, default or omission on the part of the
Landlord except as provided herein, and the Tenant shall have no right to assert the same or any
damages arising therefrom as an offset, counterclaim or defense against the Mortgagee or such
Foreclosure Purchaser;
A-3 Form 12F—Rev.4/30/18
BK 6621 PG 2238 DOC# 30005136
(b) Be liable to the Tenant for the commencement or completion of any construction or
any contribution toward construction or installation of any improvements upon the Demised
Premises, except as required by the Lease or as provided herein, or any expansion or
rehabilitation of existing improvements thereon,or for restoration of improvements following any
casualty not required to be insured under the Lease or for the costs of any restoration in excess of
the proceeds recovered under any insurance required to be carried under the Lease;
(c) Be liable to the Tenant for any prepayment of rent,rental security or any other sums
deposited with the Landlord under the Lease and not actually delivered to the Mortgagee or such
Foreclosure Purchaser;
(d) Be bound by any Purchase Rights or similar rights possessed by the Tenant with
respect to the Property.
Except as specifically provided in this Agreement,the Mortgagee shall not, by virtue of this Agreement,
the Mortgage or any other instrument to which the Mortgagee may be a party, be or become subject to
any liability or obligation to the Tenant under the Lease or otherwise. The Mortgagee or such Foreclosure
Purchaser shall be liable to the Tenant under the Lease only during the Mortgagee's or such Foreclosure
Purchaser's period of ownership,and such liability shall not continue or survive as to the transferor after a
transfer by the Mortgagee or such Foreclosure Purchaser of its interest in the Lease and the Demised
Premises. Notwithstanding anything to the contrary contained herein, none of the Mortgagee or any
Foreclosure Purchaser or any of either of their affiliates, officers, directors, shareholders, agents,servants
and employees shall have personal liability to Tenant and the liability of any of the foregoing shall be
limited to such party's interest in the Property; provided that in no event shall the Mortgagee's rights and
interests under the Loan Documents be deemed to be an interest in the Property.
6. Modification of Lease. Without the Mortgagee's prior written consent, which consent shall
not be unreasonably withheld, the Tenant shall not (a) amend, terminate, cancel or tender a surrender of
the Lease or any extensions or renewals thereof,(b)prepay any rent or other sums due under the Lease for
more than one month in advance of the due dates thereof,(c)voluntarily surrender the Demised Premises,
(d) assign the Lease or sublet the Demised Premises or any part thereof other than pursuant to the
provisions of the Lease; or (e) subordinate or permit the subordination of the Lease to any lien
subordinate to the Mortgage. Any such purported action without such consent shall be void as against the
holder of the Mortgage.
7. Representations of Tenant. Except as provided herein the Tenant represents and warrants to
the Mortgagee that(a)the Tenant occupies and is the leasehold owner of the Demised Premises pursuant
to the terms of the Lease, (b) the Lease is in full force and effect, and the Tenant has no offsets or
defenses to the payment of rent or other sums due thereunder, (c) no default exists under the Lease, and
(d) all rent and other sums due under the Lease have been paid in full, but have not been paid for more
than one month in advance of the due dates thereof. Subject to reasonable terms and conditions agreed
to by the Tenant the Tenant agrees to enter into a subordination, non-disturbance and attornment
agreement with any entity which shall succeed the Mortgagee as the holder of a first priority mortgage
with respect to the Property, or any portion thereof, provided such agreement is substantially similar to
this Agreement.
S. Application of Casualty Insurance Proceeds and Condemnation Awards. The Tenant
hereby agrees that, notwithstanding anything to the contrary contained in the Lease, the terms and
provisions of the Mortgage with respect to the application of casualty insurance proceeds and
condemnation awards shall control.
A-4 Form 12F—Rev.4/30/18
BK 6621 PG 2239 DOC# 30005136
4. Remedies. Upon and after the occurrence of a default under the Mortgage, the Mortgagee
shall be entitled, but not obligated, to exercise the claims, rights, powers, privileges and remedies of the
Landlord under the Lease and shall be further entitled to the benefits of, and to receive and enforce
performance of, all of the covenants to be performed by the Tenant under the Lease as though the
Mortgagee were named therein as Landlord and the Tenant shall be entitled,but not obligated,to exercise
its claims, rights, powers, privileges and remedies under the Lease and shall be further entitled to the
benefits of, and to receive and enforce performance of, all of the covenants to be performed by the
Landlord under the Lease as though the Mortgagee were named therein as Landlord.
10. Confirmation of Lease Status. The Landlord and the Tenant hereby agree that, upon the
Mortgagee's request, they shall from time to time execute and deliver to the Mortgagee, and without
charge to the Mortgagee, an estoppel certificate setting forth whatever information the Mortgagee may
reasonably require to confirm the current status of the Lease including,without limitation, a confirmation
that the Lease is and remains in full force and effect.
11. Notices. All notices, demands, requests, consents, approvals and other communications
required or permitted hereunder must be in writing and will be effective upon receipt. Such notices and
other communications may be hand-delivered, sent by facsimile transmission with confirmation of
delivery and a copy sent by first-class mail, or sent by nationally recognized overnight courier service, to
a party's address set forth above with confirmation of delivery or to such other address as any party may
give to the other in writing for such purpose.
12. Changes in Writing. No modification,amendment or waiver of,or consent to any departure
from,any provision of this Agreement nor consent to any departure by the Landlord or Tenant therefrom
will be effective unless made in a writing signed by the Mortgagee, and then such waiver or consent shall
be effective only in the specific instance and for the purpose for which given. No notice to or demand on
the Landlord or Tenant in any case will entitle the Landlord or Tenant to any other or further notice or
demand in the same,similar or other circumstance.
13. Termination of Agreement. This Agreement shall automatically terminate upon the release
or termination of the lien of the Loan Documents (and all renewals, modifications, extensions,
consolidations and replacements thereof)upon the Property.
14. Entire_Agreement. This Agreement constitutes the entire agreement and supersedes all
other prior agreements and understandings, both written and oral, between the parties with respect to the
subject matter hereof.
15. Counterparts. This Agreement may be signed in any number of counterpart copies and by
the parties hereto on separate counterparts, but all such copies shall constitute one and the same
instrument. Delivery of an executed counterpart of a signature page to this Agreement by facsimile
transmission shall be effective as delivery of a manually executed counterpart. Any party so executing
this Agreement by facsimile transmission shall promptly deliver a manually executed counterpart,
provided that any failure to do so shall not affect the validity of the counterpart executed by facsimile
transmission.
16. Definitions. As used in this Agreement, the word "Tenant" shall mean the Tenant and/or
the subsequent holder of an interest under the Lease, provided the interest of such holder is acquired in
accordance with the terms and provisions of the Lease;the word"Mortgagee"shall mean the Mortgagee
or any subsequent holder or holders of the Mortgage and the Assignment, and any nominees and
designees thereof;and the word"Foreclosure Purchaser"shall mean any party other than the Mortgagee
A-5 Form 12F---Rev.4/30/18
BK 6621 PG 2240 DOC# 36665136
acquiring title to the Property by purchase at a foreclosure sale, by deed or otherwise. Subject to the
foregoing, this Agreement shall bind and inure to the benefit of the Landlord, the Tenant and the
Mortgagee,their heirs,legal representatives,successors and assigns.
17. Outstanding Improvements. The roof of the Demised Premises is at the end of its useful
life and as such shall be replaced by the Landlord. As of the date of execution of this Agreement
Landlord has not commenced the required roof replacement. Should Mortgagee or any Foreclosure
Purchaser, or other successor in interest, succeed to the rights, duties, and obligations of the Landlord
such Mortgagee,Foreclosure Purchaser,or other successor in interest shall complete the roof replacement
and any other unfinished construction or repair initiated by Landlord as a condition precedent to the
collection of rent.
18. Representations of Landlord. Landlord represents and warrants there are no outstanding
liens, other than those contemplated herein, on the Demised Premises and that it will defend and
indemnify Tenant from and against all claims by any such lienors and will ensure any existing or future
lienors agree to the non-disturbance of Tenant as provided herein.
19. Governine Law and Jurisdiction. This Agreement has been delivered to and accepted by
the Mortgagee and will be deemed to be made in the State where the Property is located that being
Orange County, North Carolina. THIS AGREEMENT WILL BE INTERPRETED AND THE RIGHTS AND
LIABILITIES OF THE PARTIES HERETO DETERMINED IN ACCORDANCE WITH THE LAWS OF THE STATE
WHERE THE PROPERTY IS LOCATED, EXCLUDING ITS CONFLICT OF LAWS RULES. The Landlord and
the Tenant hereby irrevocably consent to the exclusive jurisdiction of any state or federal court in the
county or judicial district where the Property is located; provided that nothing contained in this
Agreement will prevent the Mortgagee from bringing any action, enforcing any award or judgment or
exercising any rights against the Landlord individually,against any security or against any property of the
Landlord within any other county, state or other foreign or domestic jurisdiction. The Mortgagee, the
Landlord and the Tenant agree that the venue provided above is the most convenient forum for the
Mortgagee,the Landlord and the Tenant. The Landlord waive any objection to venue and any objection
based on a more convenient forum that either may have in any action instituted under this Agreement.
20. WAIVER OF JURY TRIAL. EACH OF THE LANDLORD, THE TENANT AND
THE MORTGAGEE IRREVOCABLY WAIVE ANY AND ALL RIGHT THAT ANY MAY
HAVE TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR CLAIM OF ANY
NATURE RELATING TO THIS AGREEMENT, ANY DOCUMENTS EXECUTED IN
CONNECTION WITH THIS AGREEMENT OR ANY TRANSACTION CONTEMPLATED IN
ANY OF SUCH DOCUMENTS. THE LANDLORD, THE TENANT AND THE MORTGAGEE
ACKNOWLEDGE THAT THE FOREGOING WAIVER IS KNOWING AND VOLUNTARY.
The Landlord and the Tenant acknowledge that each has read and understood all the provisions of
this Agreement,including the waiver of jury trial,and has been advised by counsel as necessary or
appropriate.
A-6 Form 12F—Rev.4/30/18
BK 6621 PG 2241 ❑GC# 36065136
WITNESS the due execution hereof as a document under seal,as of the date first written above.
WITNESS 1 ATTEST: MORTGAGEE:
PNC BANK,NATIONAL ASSOCIATION
I' By:
(SEAL)
Print Name: 1J ao, Print Name: � 61 (, �l
Title:
WITNESS 1 ATTEST: LANDLORD:
Hills6 apzh NC I SGF LLC
By:
(SEAL)
Print Name: Print Name: t
Title: 'U '/'W S Title: A41) t1 U 7'Oa L
(Include title only if an officer of entity signing to the right)
A-7 Form 12F—Rev.4130118
BK 6621 PG 2242 DOC# 30005136
WITNESS 1 ATTEST: TENANT:
Orange County,North Carolina
get
K&AT—;4== By: ¢�
Print Name:_ Rt Print Name: )3vrf-,� 4 ►"M 17 x
Title: "� xn
Title: Cb� �y /���nc�4w ... .
(Include title only if an officer oT entity signing to the right) �l �
Card{r�
OR
(Individual) (SEAL)
Print Name: Print Name:
(Individual) (SEAL)
Print Name: Print Name:
A-8 Form 12F—Rev.4/30/18
BK 6621 PG 2243 DOC# 30005136
ACKNOWLEDGMENTS
STATE OF KANSAS )
)ss.
COUNTY OF JOHNSON }
On this,the 1�day of �L5I ,20-6 before me,the undersigned officer,personally
appeared who acl owledged him/herself to be the Vice President of PNC Bank
National Associati ,a national banking association,and that(s)he as such Vice President being
authorized to do so,executed the foregoing instrument for the purposed therein contained by signing the
name of the corporation by him/herself as Vice President.
IN WITNESS WHEREOF,I hereunder set hand and official seal.
NOTARY Pmuc-stm of f
SHAWNAM.000 a Notary Public '5naWn0. K) �ddard
My Apt.Expires
(add landlord and tenant acknowledgments]
STATE OF � — }
}ss.
COUNTY OF ) �,,■+'A'""��''�
•` 5 S: [c
This instrument was acknowledged before me on 01,91)Iq by
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n�
Notary Public M,&1 sSg '9• pill-Sor► �0= a�jBL\G
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{r�,,�,r�,rusSt�.ns�x{��.s,�s a 1 to� = -''• ..
STATE OF ILW rJDlS } J Gr •
}SS.
COUNTY OF COI }
This instrument was acknowledged before me on 7/ by '�
tary public C Iq� w q TL!Yk.ho0
CYhTHIA TLJRNBI]W
Official Seal
Notary Public - State of Illinois
My Commission Expires Jul 11, 2020
A-9 Form 12F—Rev.4/30/18
BK 6621 PG 2244 ❑GC# 36065136
EXHIBIT A
Original lease July 25,2008
Lease Modification January 12,2015
Delivery of Possession January 13,2015
Lease Modification November 12,2015
Lease Modification September 20,2018
Lease Modification March 17,2019
A-10 Form 12F—Rev.4/30/18
BK 6621 PG 2245 ❑GC# 36065136
EXIMIT A
(Description of Land)
The Land referred to herein below is situated in the County of Orange, State of North Carolina,and
is described as follows:
PARCEL "B" ON THE SUBDIVISION PLAT FOR HILLSBOROUGH COMMONS, LLLP
RECORDED IN BOOK 117, PAGE 85 ORANGE COUNTY, NORTH CAROLINA REGISTER
OF DEEDS.
TOGETHER WITH AND INCLUDING APPURTENANT EASEMENT RESERVED BY RIGHT
OF WAY DEED RECORDED IN BOOK 794,PAGE 76 IN THE OFFICE OF THE REGISTER OF
DEEDS FOR ORANGE COUNTY,NORTH CAROLINA.
FURTHER TOGETHER WITH AND INCLUDING THE NON-EXCLUSIVE EASEMENTS FOR
INGRESS, EGRESS, PARKING AND UTILITIES PURSUANT TO THE DECLARATION OF
EASEMENTS AND RESTRICTIONS RECORDED IN BOOK 6610, PAGE 388402 IN THE
OFFICE OF THE REGISTER OF DEEDS FOR ORANGE COUNTY,NORTH CAROLINA.
For informational purposes only:PIN 9864807744