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HomeMy WebLinkAboutAgenda - 10-16-2001-8fORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Gale: October 16, 2601 Action A9eS~ Item No. SUBJECT HOME P o9 -5 ontl Mortgage Aas'sfance DEPARTMENT: HousinglCOmm. Development PUBLIC HEARING: (VIN) No ATTACHMENT(S): INFORMATION CONTACT: Tara L Fikes, ext 2490 Development Agreement TELEPHONE NUMBERS: Hillsborough ]32-8161 Chapel HIII 968501 GuNram 688~I331 Mebane 338~22]~2031 PURPOSE: Tp authorize [he execufbn of a Development Agreement with EmPOWERmant. Inc. on behalf of the Orange County HOME Consortium [o provitle secontl mortgage assistance for five (5) low-income families and authorize the Manager to execute [he tlocument upon the approval of the County Attorney. BACKGROUND: In May 2001, [he BoaN of Commissioners approvetl the FV 2001 HOME Program that included an allocation of $69,150 to provitle second mortgage assistance for fve (5) Ipw and motlerate-Income families purchasing homes for the first time in Orenga County. EmPOWERment, Inc. will assts[ these families in the search for homeownership opportuni[las among the existing housing stock in the County. Specifically, HOME funtls will be usstl tp provitle secontl mortgage assistance of an average amount of $14.000 per family in order to lower the amount of the first mortgage held by the family. Funtls will be available for first-time homebuyers with Incomes at or below 80%of the area metlian income. As [he leatl entity fir the Orange County HOME Consortium, the County must enter into e Development Agreement wdh EmPOW ERment, Inc. for the expentllWre of HOME funtls for this second morgage program. FINANCIAL IMPACT: This action will reprosent an expentliture of up to $69,]56 from the 2001 HOME Pmgrem allocation. A Declaration of Deed Resiricticn, Promissory Note ontl Deetl of Trust will secure each semntl mortgage on the property. RECOMMENDATION(S): The Manager rewmmends that the BCartl authorize the execution of s Development Agreement with EmPOW ERment, Inc. on behalf of the Orange Ccuny HOME Consortium to provitle second mortgage assistance far five (5) low and motlemie income famllles and authorize the Manager to execute the document upon the approval of the County AHOmey. NORTH CAROLINA U J~~ E J o J sill Illl ORANGE COONTY T61e ie m AORHEMENT betwern ORANGE COllNTY, a grneml local goverruvmml umt of the grate of North Carolina, (heminatl« refertcd w as the "CcunTy') and EMPOWERMRNT, INC., a North Carolina non-profs[ housing mgasdzatiu (h«cwaft« aeferscd to efi "P.mPOWFRmmt"). The effective dare ofthi6 agreement is wnNESSTx WHEREAS, ore orange coann HDMe cnmewam nos eeaigvaaa s69,no m Fr zooo HOIr¢ fonds for the puTose a[ providwg eecand mongaga asslsmvoe Ibr Hue (5j low :rod modamte income families assisted in thou Foaling search by EmPOWHRmevf, Inc. WHEREAS, the Cowy is We Iced ev4ty of the Orange Cowry HOME Consartiav; sa desigoahd w m agreement dated July 1, J99] and as such is she lead entity N v represmmeve capacity for all members of Ne Omvge HOMF. Consordum for We puryoses of emrywg cat the HOMH Program iv accordmce wit We Tills II of the Cranston-Gomalem Nado,ml AlYOrdable Hoaxing Aot (Pub. L. I0Ifi25), (a2 U.SG 3535(4) eL scgJ (hcreiveRec refereed to as the "Acf'), and es fuller defined in the Federal Program Requiremmtn provided by We U.S. Departmrnt of HOasing and Urbm Development; all WHEREAS, EM'OWERmcnt hdends fo assist five low and moderate mcomgfirst-time homebuyem earning up m AO% oL HUD roes medim income purchase ewshng bouewg x the cowry sa aeaedned m weir xoMF. Program Proposal sand Pebmary zz, zoot wman is h«eby mcoryamt~ into Vila Agreement, end hereafter referred b as °The Project". WHEREAS, afirst-time M1amebuyer for We puryoses of tlda program is defined es my household earning up tc BO% ofHI1D area medtm iuomemat has not owned a home wiNin the pest three (3) years including households living in mmufaetmed houiag not permmmdy axued m e fowdation, err owns-occvpwts ofhomes not feasible for rehebilitatiw. NOW, THEREFORE, in onsideratiun of We mutual m rants, premises, and represmhtiou wvmmcd h«cm, it is ageed between the parties hereto as follows: 1. Protect Activities LI. HmPOW2Rmcvt assist qualified buyem whose income is up to AO% of the area median household income by family aiu. as detewived by We U.S. Deparmteot of Housing and Urbm Development locate firsbtime homeownership oplrortwd[ies among the exirting housing stock. 12 The HOIVIE funding provided by the County wilt be provided as a deferred second mortgage m the individaal famines at the Lime of purchase. The HOME Frogmen ivveetment wiE be secured by a furry (40) year De d of Must and Promissory Nole, forgivable at the end of 40 years. This Dced of Trust avd ProrWSSOry Note shall covsOwte a lien an ^re Property, second vvly ro the Dttlemtion ¢f ReetrlGive Covmmts descrlbedin paragraph 4 of this Aecaemmt, with We County es the eamcd party/beveficiary. The Cowty ogees to suboMimrm its Deed of lriiet lien to a Ilm reeuring odrm pdvatq lust-time pemmnmt r"A"civg acgWredby the horvebuym. l.3 The period of atPordabihty will be 99 years and will be seemed by a Dttleretion of liesnictlve Covenants that will incoryomtc a right of fire refvaW that may be exercised by EmPOWHRment md/m Orange County. 1.4 P.mYOWERmmt entl/or its buyers shell be responsible £ seeming Pcrrvavent mortgage 5vmcing for We homes. LS HmPOWHRmmI is responsible for verifying the income a£ the homebuycre, explaining the second mortgage prog eo potmnW bomebuyers and cernrying by written docummtanon signed by the homcbuyerthat Ne progam requirements have been fully explained. P,mPOWERmmt shall maintain purchaecf files as pare of its Books and Records as required and for the period of time required by Sedion fi.c, af[M1is Agcemmt 2. Time far Cammmnemenl antl Completlon. )n ¢ddition, EmPOWERmen[ agrees to f 'sh W tM1e County a copy of ite armuW audit, perfermN by a ecnified public ecommvt within 90 days of the end of the Fiscal year of exprnditure of the HOME PrpgmmFLVding.. The Pmjxt completion daft is Nc closing dare n£ the purchase by a qualiflW buyer of the last oP the flue uwta to bewvstrucmd. In the event that EmPOWERmrnt Is unable w pmcoed with my aspect of Ne Project m a timely m m, and County and EmPOWERment de[mminc that reesovable extmsiev(e) for completion will not remedy the sitvatioq they the Termination of Agreement provieiona of this Agreement (Smion 6.aJ eM1all pertain. HmPOWERmcnt may, al its vpfion, submit a wnnm request far a delay of completion for Comty approval. The County may, at ite opfloq approve any delay in the completion date m declare SmPOWHRment W defaWt. P.mPOWHRmmt shall monitor the constmcted units for ef6rdability for We period of affordability -ninety-rdne (99) yesm. Final contract cample[ien date shall be tM1e latest and d¢te of Wl sssumd mil affordability periods. 3. AHOrdubility Regwrement, tech wtit must remain aH'oNable far a period of ninety- vine years. E~nPOWBRment retains full responsibility for complimce with the affordability requvemevt for assists units, valves affordability reatricuons ar terwmted due to Ne sale of Ne Propety m aeon-qualified buyer in which event the Resale Provisions of Sec0on 4 of Ibis Agreement pertain. EmPONBRmcnl shall assure compGmce with affordabdiry of aesiei q units by Laving recording at the time it sells tech of Ne five (5) desalting mills, e'TMOtmetion of Reslricdve Cavmmts" (HXEIIBIT H) ov Ne &opecry. This Declamtiev shall conetlm¢ roil reroeiv a flms lirn on Me Property during the period of eBordebiliry. I[ is fuller the responsibility of EmPOWERmmt to remmrd the Declmetien n£ Reshidive Cavewnls no later Nan one day before the expiration oC3o years of Nc date of Its sate of eevL of the five dwalllvg wits w tlac cvmt the homeowner pumhaving the properly Gnm ]3mPOWHRmenv is still the awvtt of Ne dwelling vwt at the time of the recording. Cvuvty rolaws Nc right [o pevodiwlly avd every 311 years afler Ne first rttordivg of Nc Declaration PBeslrictivc Covenants ov the Property m rcgisom with the Register of needs of Omnge Cwmy, a notice of preservation of Ne Restrictive Covenants on 0e Property as provided in North Carolina General Statute $ 4]B-4 or any omparable pmservafiov law m effect m the time of Ne mcording of Ne entice o£ preservation. I[ is Ne inteol of Itis Section of this Agreemml That the 99 Year affordability requirement conminul herein be accomplished end Nat EmPOWERmrnt and the Comty will do what is necessary m ensure that the same ie not cztwguiehed by the Rwl Property Marketable Title Act m any comparable law purponiug b extinguish, by Ne passage of time, nun possessory micreets in real property. BoN EmPOWERmmt avd County agree ro de what each must du m accomplish Ne 99-yam afrdability requvement. 4. Reole ProNSlops. EmPOWBRment shall as mvpliavcc wiN effoNabdity of listed urdls though Nc Ueclmatiov of Restrictive Covmm[s. The Dedaratim of Restrictive Covenants shall include e[ twat the following elemrnte m Ncir meals provisions foe Ne Improvements: d] If Ne buyer vo longer uses Ne Property as aprincipal msidma mis unablem continue ownership, Nrn Ne buyer mnrt sell nmsfen or otherwise Nspoec of Nev interest w Ne Property only to o quati5ed homebpym, i.e., aloes-income household, one whose combwcd mwmc does not emeed 80% of the area medico household income by family size, as delenrdned by Ne U.B. lleparlmmt of Housing and Ufim Derrelopment at the time o£the vavsfer, m use as their principal residence. a 2 Hownve5 i[the pmpttty is eotd during the term ofeRardability m a vm-qualified hamebuyeq the Right of Fvst Refusal provision of Ne New and Existing Pvsb Time Homebuytt Pmgmm portion of the County's Lang-TCnn Ronsiug Affnrdabilily Policy must be t (lowed and Ne net salsa Inaceeds (sales piles less: (1) selling cos; (2) the unpaid principal amont of the origwal fast mortgage roil (3) Ilse unpaid principal amount of Ne initial County contribmian avd any other wtial govewnent covvibuliov secured by a dcf red payment promissory note and deetl of irusQ or "equity" will be divided ~q/5p by Ne seller of Ne Property end Ne COVVty. 4.3 ]'he resale pmaision shellremeivmefT t[or the full affmdebikty period-99 years. 5. Mlesxllaveous Provuiova. a Tenuivadau ofAl'leement The full bcncE[o[Ne Pmjxt will be realized only after the completion aftbe etfordebility periods far all properties cavsbuMed with fords provide affoNable wits to low-income families. It is the County's ivtentlon that Ne full public brnafit of this projeM shall be completed under the ampices ofEmPOWGRment for the assisted units as follows. t. iv theeventNat EmPOWERment isvmbtakprawedwiN any aspect of the Project m e timely mariner, and County and EmPOWHRment determine Nat mesoriable extension(s) Nr comple3on udR not retn~y the situation, Then HmPOWERmmt will romm responsibility for regnvemev[s for any dwelling units assisted aM CovnTy wdl make m further payments to EmPOWEILnwt ,i. In the event that EmPOWHRraent, poor k the convect completion date, is ~mable k vvfinue to furwtiov due to, bv4 net IimitM b, dissolufion or wsolvency afNe mgam'aatlon, its fling apetition forbankmptcy or similar proceedings, or k adjudged bankrupt m feik to comply or pcr£omv wiNpmvisiovs ofthis agreematq Nev EmPOWEHm®t shall, upon the Cowty's request. coaveytb the Cauvry Ne properties assisted wiN fends. Covveyavice shell be at the sole discretion of Cauvry end onadwclhngtmit by dwelling uni[basis. Conveyance ofpmpertiee shall be on We terms set forth hereim Conveyance of properties shall oc ur within tlavly (30) days of Cvunry and EmPOWERmrnt's vgrcemrn[ of HmPON'ElLrrent's mebiliry k continue as a viable argmfvnfiov. EmPOWERmm[ shell convey Ne subjeM properties to Cowty by geveml warranty deed, flee and clam of ell Eene and encumbrances ofmwrd except those whkh create a beneficial mkrest iv Cowty (Declaration of Rce[riclive Coverudts and Deetl of TrusQ. b. DeOVIy Eemedfee. This Ageemem may be termiremd by a non-defaWtkg party upon an event oP default 6arevvdeq efkr wrivw notice thereof and thvty (3p) days gace period in wbich the defaulting pare' nmy eM to core. Ae vaed herew, Ne term "an event of default" shall mean and refer to a Poihve or aM oP amiselov by ritho parry wiN mspcM to any wdalakwg, obligation, covenant or condition es set foM in this Apecment. With respect to any event of defaub, Ne von-0efevlttng party may cxemlae any right available m it at law or iv equity with respect to such default. Books ana Reavrda. EmPOWERment shall maintain reeortls cf iu g[ant requvemmk under Nis contract for ninety-Nne (99) yams following the eonkeM completion dak or writ the last of Nc housing unib that are pazt of Ne Project u sold m a mnqualiUed bvper, whichever frst Deems. HmvOWElimcnt sMll em cos to records vnd Hmvcial sNcemenis, as necessary, to provide eR five monitoring mtl evaluatio¢ of project performame. Upon reasomblc advance noEw, Comty m its autlrmized repxesmrsfives may Rom time to time impact, audit and make copies of any of EmPOWEPmenCS records that relate to Wis contract.Ifmy audit by County dtscloso Mal peymc¢ts to HmPOWERmwt were i¢ excess of the amomt to which EmPOWLRVrnt w entitled order dsis cmnam, EmPOWERment shall promptly pay b Comty Me amount of such excess. If the recess is g[eatm Man IYo of Me covtmct amount. EmPO WEltmenl shall alao reimburse County its reasonable cosh intoned in performing Mc audit. EmPOWERmmt shall mawtaw files of all buyers, regardless of 1mgM of cupmcy, reeidivg in assisted unit. Dacumc¢mfion shall verify eligibility fnr fedmai csisted homing, at Me point of initial closing m the wdh and every subsequent buyer MmeaRer for the period of affordability. Information maivwived shall ivdudc buytt imome level, ethic data, @male heed of household, and disability sNtm and Properly aM WProrcmen[ Pumhese Price. ENPOWP.ItmeN shall mainwin recoNa rcrifying the atfordalnlity ottHe assisted unid. d. Nofices. Any Notice shall be i¢writMg and shall be given Mdepositiv%Me same in the Uvil~ States mail, post-paid and registered or cenilied, and addressed to the Parry ro be vadfied, with return-receipt requested, or by delivering the same in person to m of&cer m principal of such parry. Noti¢ depositedm the mail m the mamtt here in shore described shall be effecdve upo¢ mailing. For purposes of Notice, Me addmeses of the parties shall, unless chmged as hereinafter provided, be as follows: ,_ qa Mc Comty: Omnge Comty c/oHWSNg mW COmmmity Developmml Deparmcv[ P.O. Box 8181 F{ilisbormgh, NC 292]6 ATTN: Ducctcr li. qb EmPOWHRmenc EmPOWHILVmglnc. 109 N. (8mbum BVem, 8vim 200 Chapel Elilt,NC 2]516 ATfN: Execwivc Dhcctor F,iMer Me Cowry m EmPOWfiltmenl may change Mc pmao¢ or address m which any fuNCe Notice chaff be given as hercm provided No Assigrmehl. No Vmsfer o[ assigmnent of Me in[ttot of EmPOWERmmI N this Agreement shall cu without the prior written w sent of the Comty; ¢eiMtt may EmPO WHILVC¢t eeaign iWSrAgreemmt without the prior wdttm consent ofComty. E Binding E(t'ect. This Agreement shell be binding upon and shall mare w Me bncfil of the parties hereto end dtev respwtlve successors and assigns. g. IndemoiGntion. To the extern legally possibiq FmPOWERmmt shall indemnify and hold Cowtty, its o6icws, agmis, and employees, harmless from and agaiwt any and ell claims, scrims, liabilities, costs, mdvdmg attorney fees and otM1er costs of defense, sing wt of nr in any way misled m my act m failure to act by FmPOWERmmt, is employees, agmss, officers, and contmetms m comeetiov witlr this contract In the event my such sedan or claim is brought egeinet Comty, EmPOWERmenl shell, open County's tendeq defend the s¢me a[ EmPOWERment's wle cost and exprnse, promptly earisfy any judgment edverec w Cowty or to County and EmPOWPRmentjointly, and reimbume Comty for any loos, cost, damage, or expe~ue, including ettomey fees sufforeA or incurred by County. 6. Subnn[racting. EmPOWERment shall not evbcontrect work under this contract, m whole or in part, witMUr County's prior wnirien approval. EmPOWERment shall require any approved avbwntreeto[ to agree, as [o We portion subcontracted, m comply wiR, all applicable fcdcml, state, and looel laws, tWea, ordioawas, and mguladoen at all times and w the performance of We work end to comply widr all obligadms of EmPOWERmmt specSed in this contract NotwiWtaMwg Cowry's approval o£a subcovna<rw, EmPOWEltment shall cemain obhgated far full performmce of [his conbact and Cmmly shall iacw vo obligation m my subcantrector EmPO W ERmnt shall indemrdfy, defend, and hold Cowry harmless lmm all claims ofiss emtractom. No domt Vmtme or Agmq. Tha Cowry and EmPOWERment each ay+ree end aelmowledge Naz vowing contained M1erein m otherwise, including, wiNOUt limimrion, may act of the County or EmPOWERment undo this Agmcment, shall be deemed or nnstrued ra create any rel¢dor,ship ofjoin[ vmlwe, pa[Inership or agency between the parries. j. ECeM of Waiver or Porbeanvre No Gilum by the County to insist spun the sh'ict performmce of my [arm m condition of tM1is Agreement, or W exercise anyrigM err remedy upon the breach by PmPOWERmevt of any of its obligations, agreements, or vavis hereunder, aheE be a weiva of each affected term or condition m of such breach; nor shall any forbearmce by the Cmnry w snk a remedy for any breech by Eml'OWEWVmt be a waiver by the Comty of iss righss and remedies widr respect m that or any oNcr broach. k. Governing Law. This Agreement shall be conswed w azwrdancc with and govemetl by rbe laws of the State oFNonh Carohm. Avy lifigarion arising out of this Agreement shall be bmugM iv cowls eirNng in NoM Carolina, with venue u Ormge Comty. L SeverabWty. ffie provisions of this Aereunmt are mdepmtlevr o£mdsepamble from each other, and no provision shall be atfxYed or rendered invalid or uvevforceable by the fee[ Nat for my realm any other provisim may be imNid or weuforcnble w whole or w pan. N my provision of tWs Agreement or the applintiov [hereof m any Person or cimumawncec eM1all, m any extent, be or become invalid m mmfomeabie, the remainder of dtls Agreemevq or the application of such provisim to persons or circumstances other then dense es to which it is held invalid or unenforceable, shall not be aff«~ed thereby, and wch provision of this ngreemmt anau be vaua erns be enr rtes m me tiniest exent permircea by law. The enanty and EmPOWElimmt agree m snbslilWC 6r anWt provision of this Agreamevl or Ete appllcallov lbeceof detemilned to be invalid or mevforewble, such ocher provision es most closely appmximams, in s law[W mamm such invalid, ille%al or uvenforoeoble proaisiov. If [he County end EmPOWERmmt cannot agree, mcy shell apply m a. court of competent jurisdiction to substitute such provision as the cowl deems r Doable end judicially valid, legal and en£omeable. Such pmvision datermimd by the coup shall aummaticahy be deemed pert of this Agreement afi .n'dn. Egvel Opporlvnity. EmPOWERment shell tut discriminam against any employee or applicant for employment because of meq mlm, religion, sex, national erigW, political afliliafion or belief, age, havdicap, or familial slarus wNc vnplemeatution of this Pr jest. Aeatlings. Headings me for mnveWmce only avd shall tut be ued m mteryret or coreshue iC pmvreroa Cender Singular end Plurul. As used herein, the nutm gmdm ivelndee the feminive aM maecWwc. The moculine wcludes the feminine antl neutm, awl the feminine inludes [he masculine and veumr end each ineWdes a eorpomaoq partnership or other legal mUty whey the conmxt so requires. The sWgWaz vumbm includes the plural and vice versa, whenever the mvtcxt ev mgvvee. p. Recording. The parties herein agtee thaz upon notice to the other ovd at its own cwt and expmeq a parry maY record this Agreement in the Ollice of Register of lleeds for Omnge County. q. CompWnco with Laws. To the extent applicablq each petty hmero egreu to comply wiN all laws, ordinencas and regWalions affecting Ne Property fmm and after the dace hereof Witlwut limiting the gmereliry afThe famgoing, HmPOWElhnmt shall comply wiW WI federal, slam and Iewl laws, regulation and ordinncs applicable m the expenditure of funds provides by the Convty, to purchase and develop the 1'rupedy. Publicity; Sigvage. EmPOWERmen[ agras to provide such yublicity with respect m the Cowtys perdcipaliav m the development of the Properly as etc Cowry shell reaaonbly requhe, my sigoage at the Property shall aclaowledge the County's mle and covWbmian. 6. COW[CI'pArr9. 11119 Ag<eml[nt may be exeCnl%1 N Olle Or mere COWmrp2M, each of which shall be deemed m origwW but ell of wWCh mgeNer shall cmatitate ov and the same hutmment. t. ho Thvd Party Righm. The partite hcrcm covcvmt[ end agree tbot votbivg conmined in this Agreement or any act by the Cowty ur EmPOWElimmt shall be deemed err mnsaned by the parties or nny third petty to create any relationship of third party bmeGciery; including third parry pcincipW err agent, or m ercam my right, Heim or cause of ecdon against Ne County, EmPOW212ment or any of Neir respective officers, agents or employees by any third party. u. CanlFCt of In[ereae PmPOWPRmeot agrees that it presently has no fvavcial interest avtl shall not ecgnim any financial ivtercsp aired of indirecS which woold conflict W any mennex or degree wiN Ne pa{emaance of services rcquiml undo Nis Agreement. EmPOWPMrent fmtbcr covenants that iv Ne performance of tWe Agreernent bo person having inch financial interest shalt be employed w rea'ved by 6mPOWCRment haeundex. These ovflict ofivtexest provisions apply w any person who is en employee, agent, consWlmt, atFCer, or elected official or appointed official olErnPOV/2Rment, ox any desigmtM public agenciea or aubrccipients that are remivivg fivWS under the HOIV16InvesMen[ Pmmership Program. Pertormavice oI Covemmevt Fvucdovs. VotwiNStandmg anyNing in this Agreement which maY be to Ne convary, nothing contained w Nis Agreement shell in any way atop, limit oc impair Ne County from cxttcising or parlbrmivg any regulnCOry, policing or govemmeatW Powem or fwctions vrirh respect m the Propctry ivcludine. wiWaut limimtian, inspxtiov of Ne Property m Ne performance of such Ihnctions. IN \VITNEgg WHEREOF, the parties hereto, incending m be legally band, have set dtch haMe end ¢eels on the day and yeaz firs[ above wriarn. (BFAW COUNTY OF ORANGE, NORTH CAROLINA Sohn M. Link, ]r., Ccunry Manager ATTLST: IJe~ttly A. Blnnn Clerk to Nc Romd of Commissioners Approvcdazroform evd legality Oeolltey GledhID, CovvtyAnomey Tnia document has beet/ preandited m acmmance with the rv G Laval Govermnent and Fiscal CoaWl Aal. .Kemeth Chavious. Ninenoe Dlrtttor NORTH CAROLMA ORANGE COUNTY This is to cern%~hat ~m this any nem'onally crone befam me Bevery A. Blythe, witlr wham I am prreomlly acquainted, and being by me duly swrnn, says that John M. Link, Jr. is me County Manager of Orange Cowtg NC, and the[ anc We acid Beverly A. Blythe, is the Clerk ro Nc Board of Commieeionem of the County of Omngq the nrsly politic ana corporate vaned within and which executed Ne fomgowg mewment; that she knows the common seal of said Cowry; Wat the seal affixed ro said instrument in said common seas that me name o[ Omvgc County was subscribed thtteto by the sod Convty Manager of Orange County, NC and Baia 6evedy A. BIyWe subscribed then mmee httcto and said common uel was off ed, ell by order ofine Boom of Connry commiaaronera of (hangs ennnty ana mat aaia inavmnCnt;a me act ana deed of Orange Couvty. Witness my hmd avd notaziel seal, Notary My commission expirts: @mPOWERmm41ve. (SEAL) ATTEST: NORTH CAROLMA ORANGE CO[1NTY Prcsidmt I, ,Notary Public w end fot the above named (aunty and Si do hemby certify slut ov this day persomlly appeacd before me with whom I personally acquawh4 who, beiua by ma duly sworn, says at he is Secremry and Wat President of EmPOWLRmevS Inc., a Nosh Caroline corporation, sod that by authority duly given as me act of me co[po[etioR the foregoing instrument was signed in its name by its Pmsidmq se" with its earyomte scat and mmsmd m by irs Secretary. Wimcse my heed ai notarial eenl, mis thn day of 20 Notary Public My commission