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Home My WebLink About2024-567-E-Housing Dept-Pee Wee Homes-Construction FinancingDocusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Sources Amount Affordability Period Foundation Grants Oak Foundation Matching Grant(Northside Neighborhood Initiativ $40,000 N/A Government Grants Town of Carrboro Affordable Housing Special Revenue Fund Gr $60,000 y y restriction Orange Co. 2021 HUD/HOME Program Grant $100,000 y affordable - 99 years Orange Co. 2023 HUD/HOME Program Grant $50,000 y affordable - 99 years Orange Co. CIP/Bond Funds $166,500 TBD Private Donations $126,400 N/A Total Sources $542,900 Expenses Budget Pre-Development (surveys, soil sampling, etc.)$2,000 Construction & Materials (includes site work)$511,526 Design & Engineering (soft costs)$3,000 Personnel & Operations $800 Contingency (5%)$25,574 Total Expenses $542,900 Pee Wee Homes Project Budget: 106 Hill Street ǆŚŝďŝƚ Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Status Committed by NNI Contract signed 3/3/2022 p FY21-22 Annual Action y HUD for approval as part p p 2023 Awarded and received Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Revised 04/23 1 ORANGE COUNTY—INTERNAL USE ONLY ______________________________________________________________________________ Finance Information Vendor Name: Pee Wee Homes Vendor Contact Person: Hudson Vaughan Phone: (919) 590-9023 Address: 8410 Merin Rd City Chapel Hill State: NC Zip: 27516 Department: Housing Amount: $166,500 Purpose: Construction Financing Budget Code(s): 61-61150002-450050-14001 Vendor # 734514 Vendor Status with NCSOS: Vendor is a BOCC consultant: Yes No Contract Details Contract Type: New Amendment (Original Contract: ) (Most Recent Amendment ) Effective Date 5/21/2024 End Date Notice Date (Notice Purpose ) Award Approved by Board (Agenda Date: January 1, 2023); Made or Administered by Signature Authority - BOCC Express Delegation (Agenda Date: ) - Policy 9.4: Under $5,000; Service Under $90,000; Construction Under $250,000 - Budget Policy Section XV (Capital Improvement Project: ) Bidding Informal Bidding ($30k-$90k); Formal RFP ($90k+); Other (<$30k); Exception(# ) Department Director’s Signature ________________________________________ Date: ________ Information Technologies This agreement has been reviewed and is approved as to information technology content and specifications: Office of the Chief Information Officer___________________________________ Date: ________ Inapplicable because no hardware/software purchases or related services Risk Management This agreement is approved for sufficiency of insurance standards, specifications, and requirements: Office of the Risk Management Officer___________________________________ Date: _________ Financial Services This instrument has been pre-audited in the manner required by the Local Government Budget and Fiscal Control Act: Office of the Chief Financial Officer ____________________________________ Date: _________ Legal Services This agreement is approved as to legal form and sufficiency: Office of the County Attorney __________________________________________Date: ________ Clerk to the Board All Docusign contracts must be copied to the Clerk upon completion: occlerkdocs@orangecountync.gov The following signature block is for hard copies only and is not required for Docusign contracts: Received for record retention: Office of the Clerk to the Board __________________________________________Date:_________ Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 9/13/2024 9/16/2024 9/17/2024 9/19/2024 Prcparcd by and after rccording rcturn to: Morgan Picrcc, Orangc Counry Arromcy's Office. p,O. Box 8t81, Hillsborough, NC 27278 DECLARATION OF RESTRICTIVE COVENANTS THIS DECLARATION OF RESTRICTIVE COVENANTS ("Declaration"), dated 2024, by PEE WEE HOMES for itself and its successors and assigns ("Owner" or "PEE WEE'), is given as a condition precedent to thc arvard of Capital Invcstmcnt Plan Affordable Housing Program funds. RECITALS: WHEREAS, the Orange County Affordable Housing Advisory Board has designated up to One Hundred Sixty-Six Thousand Five Hundred Dollars ($166,500) in FY 2023-24 Capital Investment Plan Affordable Housing Program funds to assist in financing construction of three (3) small rental units at 106 Hill Street in Czunboro. Units will be leased to households experiencing chronic homelessness or are cunently homelessness and earning less than thirty percent (30o/o) of the area median income; and WHEREAS, the County is the lead entity of the Orange County Affordable Housing Advisory Board, so designated in an agreement dated July l, 201I and as such is the lead entity in a representative capacity for all m Board for the purposes of carrying out the HOME Program in accordance with the Title II of the Cranston-Gonzalez National Affordable Housing Act (Pub. L. 10l-625), (42 U.S.C. 3535(d) et. seq.) (hereinafter referred to as the "Act"), and as further defined in the Federal Program Requirements provided by the U.S. Department of Housing and Urban Development; and WHEREAS, the Orvner acquired property, located at 106 Hill Street, Carrboro, North Carolina (hereinafter referred to as "the Project" or the "Project dwelling units"), as rental housing for three low-income households earning less than 30% of the Area Median lncome. The Project dwelling units are located on the property more particularly described in Exhibit A attached hereto and made a part of this Agreernent (hereinafter referred to as "the Property"); and WHEREAS, the Owner agrees to utilize Capital Investment Plan Affordable Housing Program funds provided for the purpose of constructing three (3) small rental units on the Property as described in its Capital Invesfinent Plan Affordable Housing Program Funding Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 fiuno3 pue Jau^\O uaenuaq IN:Ih[:lgUDV INgl,\dOTEnEq aql Jo sluoutarlnbaraql ol tcafqns pue'srea,( (91) uoagg Jo popcd {tqlqeprogv AryOH aqt tuun6 'l:ueuad 11uqs Eur,trqloJ aql'{uaior4eqt Jo uoruod {ue ro fuador4 aqt sa8ueq3xa ro sraJsusr 's;;as rauno luale eql ul 'C:ureucd l1eqs EurmoltcJ cr{l'sorucio.rdaql Jo uoruod {ue ro ,{uador4 aqt saEunqrxa ro $eJsupJl 's;1as rauno lue^e eql ul 'g'(auocut ustpeu p.aJgCnH Jo %09 uerll ssal 8uruea (s)ploqasnoq euoour-^ro1 e {q pesual pte ({:essacau _it)paletrlrquqar'palnbce fuador4 aql s? pougap) uorlalduo3 lcofor; ragz srea,( (66) autu-fteuru oqt tnoqtnorql pesn oq ll!,n tcafor; aql pus seluador4 eql lpr{t patelduatuoc sr lJ 'V:s,nolloJ s3 sluBrrB/n puB slu?ua^oc 'sluasardar ,(qaraq leul\oUIN/I\O JO SIIINYUUVA\ CNv SI-\lvNgAOJ'SNOIIVINAS3UdAU I NO|IJIS'Jeu/lilOJo slu?ualoc luuosrad i(1arau lou are pue'uJaraq popraord{llecgrcads se lclacxa'uual qcns roJ puu ,(uadord eqlJo srou/ho tuanbosqns 11e uodn Eutputq arepup uralor,l palsls uuel aql JoJ pusl aql qlr^r Eutuuru pue {uadoJd aql ol Eurureuad slueuoloc arepue aq 1;eqs fuadord aqlJo JaJsuan puu',{cuedncco'asn aql Eulura^ot uareq quoJ les Slu?uo^ocalllculsal pue itoteln6eJ eql lurll stuuualot pue 'sorelcop 'spualul JauA\O 'pa8palinoulce,(quaq sr qcrqA\ yo ,{cuerclgns puu ldracar aqt 'uoperaplsuoo alqpnte^ Jaqlo Jo pu? quoJlos rcgeuroraq $ueuo^oJ pue sosruord cql Jo uotletcplsuoc ut 'gllggg1gHl 'A{O.\',tcr 1 o6 f.t1 1 1qupro33 y'.'rua1-tuo1s,ftuno3 eql pu? uwEorg drqsrcuue6 luculsa^ul gIllOH &uno3 etuzrg aql Jo sluauerlnbal.&Jllqeproge aql Jo luauraJJolue Jo esod:nd oql roJ pusl eql qt1,vr Euruuru puu ,(uador4aql ol Eurureurd stuuueloc ureuor aleerc ol repro ur {trmo3 atuer6 Jo spaaq go ntsrtaX aqtJO eCqIO aql ur uotla?lcao slql pJoral pue ro^rlcp'otnsaxc rcuJ$o lBr{l 'spuru ure6or4 Eursnollolqsprogv ueld luarulsanul lardsJ ,tunoC cEuerg 3o Eurprene cql ol tuapacard uorlrpuorB s? 'lucuralnbu orll ol scar8s Jcu/r\O pue sa.rrnba.r {1uno3 aEue:g 'SVgUflHAt'marAal luluauuoll^ua luonbasqns BJo srlnsal eql uo pes?qtcaford cql lccuec.ro ',(3rpou 'rlll^\ pccJold ol uorleuruuclcp s.,(lunoJ ctuerg uo pcuotltpuocsr tccford cqt ol spunJ qcns Jo uorsrAord cqt tuql acrEe JcqunJ sclued cr11 'alqecrldde .1gS$ wd UIJ FZ rapun ruourdola.raq upqrn pue EurmoH Jo lueuuedaq 'g'1-1 eql uo{ spun{Joas?cla1 e 3o {runo3 a8uerg Aq rdracar pue ^\or^or leluaruuor^uc up Jo uoltalduroc .{rotceJsrtpsuodn Aluo rnc)o {eur lenordde :o spun3 Jo luaullruuroc qcns lprll pue 'leno.rdde ells Jo spuryJo lucurlnuruor u olnlllsuoc lou scop tucurccrEy srqt leql c6pc1,nou1ce pup ccJ8e olcrcq rcu^rooql puu {runo3 oql 'luoruoorEy srqt Jo uorsr^ord {us Eurpuersqtr,rtou 'SyXUgHAlpue :( I69-pZ6Z-SEU) tZ0Z'91,Ounue1 uo srcuorssruruoJ fiuno3go preog&uno3 aEuuro cq ,(q pcno.rddu pu? ot pctucsud sc8uuqc clqucrldde Eurtpal,nou>1ce luaruccrEysltllJo Usd apBul pus olul palelodrocur {qa.roq sl qclq^\';ZOZ'L71aquatdog palep uoqgctlddyDocusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 dated -,2024 which is hcrcby incorp oratcd by rcfcrcncc and madc a panof this Declaration, and the HOME Investnrent Partncrship Prograrn and this Declaration. Owner may scll, transfer, or cxchange the Properry to a qualified lorv- income buycr; provided. howcvcr, Owncr shall obtain thc writtcn agreemcnr. in form satisfactory to Orangc County, of any buycr or successor or othcr pcrson acquiring the Property or any interest thcrein, that such acquisition is subject to thc rcquirements of this Dcclaration and to the rcquirements of thc DEVELOPMENT AGREEMENT and the HOME TNVESTMENT PARTNERSHIP PROGRAM. Owncr agrees that County rnay void any salc, transfcr, or exchangc of thc Property or any portion of this Property if thc buyer or successor or other person fails to assumein writing thc rcquircmcnts of this Dcclaration and thc rcquircmcnts of thc DEVELOPMENT AGREEMENT and the HOME INVESTMENT PARTNERSHIP PROGRAM. A copy of thc DEVELOPMENT AGREEMENT is on titc with thc Office of thc Clerk to the Orange County Board of County Commissioners. Upon expiration of the HOME Affordability Period and prior to cxpiration of thc nincry- nine (99) years from Project Completion, Owner may sell, transfcr, or exchange the Property to a Qualified Buyer as defined in the County's Long-Tenn Affordability Policy or to a non-profit fund, foundation, or corporation of like purpose rvhich is organized and operated exclusively for charitable and educational purposes and rvhich has establishcd its tax exempt status undcr Scction 501 (cX3) of thc Intcrnal Revenuc Code, or to Orange County; provided, however, Orvner shall obtain the written agreement, in form satisfactory to Orange County, of any buyer or successor or other person acquiring the Property or any interest therein, that such acquisition is subject to the requirements of this Declaration and to the requirements of the County's Long- Term Affordability Pol icy. 2. Any assignment, sale, transfer, conveyance or other disposition of the Propert'n or any part of the Property other than as described in subparagraph I above, whether voluntary or involuntary or by operation of law shall be subject to the provisions of SECTION 4 of this Declaration. D. Owner will, at the time of execution, delivery and recording of this Declaration, have good and marketable title to the Properties, free and clear of any lien or encumbrance (except encumbrances created pursuant to this Declaration or other permitted encumbrances). E. Owner warrants that it has not and will not execute any other declaration with provisions contradictory to, or in opposition to, the provisions hereof, and thal in any event, the requirements of this Declaration are paramount and controlling as to the rights and obligations herein set forth and supcrsede any other requirements in conflict herewith. SECTION 2 TERM OF DECLARATION This Declaration and the Terms of Affordability, specified herein, apply to the Property immediately upon recordation and Owner shall comply with all restrictive covenants herein. Tlris declaration shall terminate ninety-nine (99) years after Project Completion, unless HOME _j Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 INgwgutnogu cNIsnoH g-IgYcuoddv Jo lNgnigcuodNg t NolIJxs'slugua^o] a.{qclqsau Jo uotluJelcac sttll Jo uotlP:nPreaf (66) euru-.leuru aql qsllduooce ol op :snu qcpe letlA\ op ol aarte {runo3 atuergpue Jauno 'Jau \o arrurg {uy 'fuadord lerr ur slsaralur f.tossassod-uou 'aut1l3o aSess-edaqt {g 'qslnEupxa ot Euruodrnd rnel alqueduroc ,tue:o rcv alllJ alqs}e{rBl,t fuadordlDaU aql fq pue sorgcdor4 cql ur stqEg algduaard 'orutl go c8ess?d otp ^q 'qstntuqxaol Euluodmd nrel alqeredruoo i(ue ro 6C-lF $ 'tslS 'uag '3'N (q paqstntugxe lou stau?s aql l?ql aJnsue ol fressacau s! lptlir\ op lll/t\ ,Quno3 atuerg pue 'raulrg 'satgador4eql Jo Jeul\o er$rU ,(ue teqt pue paqstldtuoore aq quuue^oJ e^Fcllse1 Jo uollerelcegsnll Jo uouernp read (66) aulu-ftsulu eql l?W uorlcas slql Jo lualut eql sI U 'uotle,uesardJo aruou aql Jo turprocer aql Jo aurl aql lE lcaga uI /t\Bl uolleiuasatd alqereduoc Auero ,-13LV $ atnretg lereueg EutloreC quoN u pepr,\ord se saluadord aql uo slueueAo3e^llcrJlsa1 aql .lo uolle^resard 3o acqou e 'ftunoJ atuerg Jo spaoq .;o ratsr8aX aqtqtpr 'ratsrtar ol saluedor4 aql uo sluBuaADO a,lrrclqsa1 Jo uotle"Ielcaq eql Jo 8utprorarlsru ctll roge srec{ gg frcac pue fllecrpouad 'ol ttttF otlt sulelcr {tuno3 cEuerg Jooraqluoluod ro saruado:d eql ur lsaJelur ploqassel {uu Eurpnlcur Joaraql uolucd ro selpador4eql ur l?srgar rsrl; Jo $qEF aqt 8ulnratnr ;o asod:nd aql roJ Joaraq alep aqt tuo{sreaf gg f:ana ueqt ssal {ep auo ueql uago ssal ou puu i(llucrporrad sluuua^oC a^uctJlsa1JO uorlsJelcao aql pJoJaJOr ol Jau^\o 3o ,(lrilqtsuodsar aqt laquq s! lI 'uollelelceo sltllol polqns sr acuefanuoc qcns l?qt sap!^o:d 3,oareqt uoruod ro satuador4 aqt 8ur,(anuocpalncaxa JaUBaJaq luauru$u! Jeqlo Jo 'paap '$cBrluoc qcns Jaqlaqa 3o sselpre3uonrlca.ge eq pup anrllns llptls utateq PautuluoJ slusuoloc eql 'lana,noq 'papnord'uorlurelcaq s!$ ot lcafqns sr acuefonuoc qcns leql apr^ord ,tlssardxa ll?tls JoaJaqluorpod ro sarucdorg oqt Eur{a^uoc palncexe Jeupaleq luarurulsut Joqlo Jo pccp 'lcp.tluoc{.rena puu qcaa 'uorlerelJaq slql Jo uuel aW JoJ 'satuadord eql WLt\ uru suo$cHlsorosaql lBql oJnsut ol pelearc uaaq s?q epruralas alqarnba uB lutll 'elsulalle eql uIro'pausrtes aq ol papuatur aJE alelsaJo satalrnud Jo sluaueJrnbar 11e pue (uu teqt saer8e{qaraq Jau/$O 'uougrglcac srql Jo uuar eql tulrnp suttssu pug sJossaccns airpcadsarsl! pug (saruadold aql Jo rau^\o anrtcadsord .ro luosard 'tsed fue pue ,Qmo3 atuergol arnur llerls slgaueq aqr pue) rau*rg putq lleqs (g) pue lrau,ng Jo slu?ua^ot lsuosod{larour lou aJs (g) :sarpadord aql Jo srau rO luanbasqns ll? pus oll:l ul sossaccnss,JauA\O uodn Surpurq 'uorleJeJcop sltll Jo tuJcl aW roJ saruador4 a-1r tupequmcuo'pueJ otll qtt,n Eutuuru stueuc^oc crp pue Jq llpqs (l) sotuodord cql Jo JcJsuerlpue,tcuedncco (asn aqt tultcgtseJ pu? But:u;n8cr uoIlBrelJoCI slql ut tluoJ les suollcu$aJpu9 SluBUc,\oc Jrll prre uollarelccq snll leql 'uollerel3cq srql Jo uucl ctn turrnp rccloJdeql Jo srau^\O a:nlnJ lle pu" Jlaslr Jo Jleqrq uo 'stuuucloc puu scJelcap 'spuelut leu^Ag 'g'{1uno3 atuergJo spccq go rc:sr8cX cql Jo ccUJO cql ur pclu pue paprotar aq ol olatoq sluaupuctuelle puu uoltarplJop srql asnec llpr.ls reu^ro'rou,trg,(q uorturelccq srqlJo uollnccxa uod61 'yoNv't 3Ht HrtA\ Nnu or srNvNt^of, :cNl-ttc oNv cNtouocxu t NoIrJgs'uopeJulccc crllJo uollBuruucl cr{l ol scc€e ,(tunoJ cEuuro puB utcrcq pcprnord se rc,(nqpcgrlenb-uou B ol fuador<l aql Jo alp.s oql ol anp paluuluucl cJe suotlcutsc: ,(ct1o4 {ltltqeprogyuual-tuo1 ftuno3 c8uero ro suollrl.gsar ,(tr[qeprog;e ure€or4 drqsauge6 luaulsc^ulDocusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 A.Thc following provisions apply throughout thc duration of thc HOME Affordability Period, which is fiftcen (15) years, and continue to apply upon expiration of the HOM! Affordability Period and prior to expiration of ninety (99) ycars frbm the datc of project Cornpletion: L Rights of Refusal ^. Grant and Effect. Orange County is granted a right of first refusal to purchase the Property as dcscribed in this Scction. Any assignment, salc, transfcr, conveyancc. or other disposition of the Propcrty or any part thcreof rvhether voluntarily or involuntarily or by opcration of law ("Transfcr") shalt not bc cffcctivc unlcss and until the bclorv-described procedure is followed. b. Rieht of First Refusal. If Orvner contcmplatcs a Transfer to any cntiry other than an agency with similar intercst in affordable housing serving families with incomes nor exceeding 80% of the area median household income by family size, as detcrmined by the U.S. Department of Housing and Urban Development, at the time of the transfer, rvhich non-profit fund, foundation, or corporation of like purposes must have established its tax-exempl status under Section 50t(c)(3) of the Internal Revenue Codc, then the Owner shall send to Orangc County, at thc addrcss noted in thc Noticc section of this Declaration, not less than 90 days prior to rhe contemptated closing date of the Transfer. a "Notice of Intent to Sell ("Notice")." This Notice shall be accompanied by a copy of a completed, fully executed bona fide offer to purchase the Property on the then current North Carolina Bar Association "Offer to Purchase and Contract" fonn. If Orange County elects to exercise its said right of refusal, it shall notifr the Owner of its election to purchase within 30 days of its receipt of the Notice and shall purchase the Property or portion thereof within 90 days of the receipt of the "Notice of lntent to Sell." Sales After Failure to Exercise Riehts of Refusal. If Orange County does not advise Owner in a timely fashion of its intent to purchase the property, then owner shall be free to transfer the properry in accordance with the provisions in this Section. 2. Assisnabilitv. Orange Counry may assign its righr of first refusal rvithout Owner's consent. 2. Resale and Recapture Provisions If the Owner no longer uses the Property as affordable rental property or is unable to continue ownership, then Owner must sell, transfer, or othenvise dispose of their interest in the Property only to a qualified homebuyer, i.e., a low-income household, one rvhose combined income does not exceed 80% of the area median household income by family size, as determined by the U.S. Department of Housing and Urban Development at the time of the transfer, to use as their principal residence. a 5 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 9SNOgNV'I'Igf,SIHIs -\iolJ.f,gs'reu ro eql uoJ.I pere^ocar aq i(Ptu pw:Io,tlilqrsuodsar erp aru'(lueddeJo stsoc Eurpnlcur) s1soJ Lmoc pu? saal ,(auoue Eurpnlcur '$soc leEa1 qcns 'fluno3 aEuerg{q pelncur oJu slsoc 1eEo131 'lueuaAot {ue clelotn ot 8utlduuauu ro tutleJotrr suosrad ro uostcdfue lsureEe &rnba ul Jo ^rel 1e sturpaacord nq uorterelJaq sltll Jo sluaurartnbal eql Jo fue ,$stlesol SUBJ Jau^ro lue^e eql ur aau8rsap slr ro ,{luno3 etuerg Xq pecrogua aq feut uolleJBlcaq stql'rapr,mereq llneJeP {ue 3olua^a aql u1 saEeurep ifielauour ,{q palesuaduoc ,(lelenbapu aq louuer JapuneJal{ suo:tuErlqosJeu,r\OJo sauerc$auaq aql letp saEpal;noulcu {11ecglcads raqurg fqaraq rauit\O 'AIN1OJSDNVUO Nl 3ON3A l{Il/y\ 'NOlJf,lCSIUnf INilIsdhiOC JO IU.'lOf, SIVISV NI NOIIV''UV-ICECI SIHT USCNN SNOIJV9I'ISO S.U3NA\O AJNVI^ruOJI{3dJTJIJAdS Ag SSUOINA OI .AIINbS NI UO A\V1 Ag OAOIAOUd SSIGAhI!ruUSHTO'I-IV OJ NOIJICOV NI CINV.NI3UEH SNOISNOUd 3HI {O HJV!rug ANVUOJ .CE'IJIINS 3g 'I'IVHS AINNOC IICNVUO IVHI SJNESNOJ ONV SAAUDVASIIUAH .AIUEdOUd AHJ UOJ SCNNI I^{\ruDOUd dIHSUSNIUVd INSP\IISIIANIET^IOH ONIAIAJiIU UOJ NOIIVUEAISNOJ NI .U!IN/T\O .CO1U3I{J NOSV!ruAg CNV 'tuerEor4 drqsrauue4 luaulsa^ul ilh{OH eql pup ,{runo3 otuerg go sluou:arrnbar&111qeproge aql ql!/r\ ocuerlduroc arnsse ol sl uolt?Jelcaq stql ut pepraord suotlclJlserrlltAl Jeu,$O ,(q acuerlduoc tuurnbar ro3 asodmd f.reurr.rd aql reql saEpaprotqc? Jau/no 'C'uotleJelccq srql rcpun stqtrr paluerE sorued prltll uo tulputqaq llBrts uollpJ]rporu Jo lueupuauB qcns puB uolleJ?lcac stqlJo uoueJlllpotu lo luettlpuauBfue procor pue alnoexa ,tsut 'raulrg qgm :aqtaEot ',9uno) etuurg 'uarEor4 drqsraupu6tuewlso^ul Ay.iOH aql Jo ro ,$unoO o$ue.lg Jo sluauerlnbal &llJqepJog? aql Jo uoqslol^3 ur llnseJ plno^\ leql uoncs r(ue trulad ro a{?t fltutmoul lou lll^\ ll lBql slueue^oc reu/ho 'g'srea,( 66 - pouad frllqepJo$s llrg aqlJo uollertdxa eql lllun por:ad ,(lrpqeprogy'JhlOH aqlJo uollurtdxc aqt Eur,nolloJ lf,ago ut utetucJ llet{s suolsrnord a.rnldeJcJ oql 'p'spunJ.{tunoJaqt Aedcr ot spaaco:d leu uptll rcqlo spury osn ol palnbar cq Jc,$o!oq cql 1l?tlslucnc ou ul 'slsoc Eursolc pw lqcp ,(tuno3-uou Jolucs lle Jo luctu,(ed rcgu tututeucrspun3 Aue aq llpqs porntdeccr cg ol tunou? aqt 'rsaralut sn;d ledrcur.rd Eurpnlout'spunl ,{runo3 cqt ,(udar ol luercgrnsut oJe spcccold solus leN leql luc^o ctll ul 'c'fruno3 aql puu (uodorg aqlJo rcllcs cql uaa^uaq0s/0s pcpl^lp cq lll,r\ ..{1rnba,. ro (tsn:r Jo pccp pu? clou ,tosstuord tucw/(edpcreJap u ,{q pcrnccs uorlnquluoc lucultuo,roE lerttul Jctllo ,,(ue pue uollnqpluocfiuno3 leltlul cql Jo lunouu ledrcuFd predun oql (t) puu aEuEUour lsllJ leurSrro oqlJo lunouru 1ed:cuud pludun aql (Z)'tsoc Eurllcs (1):ssa1 acud sales) spccoord scleslcN ctll pug pc/rlolloJ cq lsnu ,tcr1o4 {rl11qeprogy Eursnog uucl-Euo1 s.fiuno3 cqtJo uoluod urr-r5or4 radnqcuoll crury-lslJ Eurrsrxg puu ^\cN ctllJo uotstnord lBsnJrUlsu1 Jo lq8l1 aqt ',{trpqeproJJe Jo u.uol cqt Euunp plos st {uado.rd aql Jl 'rc^c^\oH 'qDocusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 A. Severability. The invalidity of any clause, part, or provision of this Declaration shall not affect the validity of the remaining portions rhereof. B. Notices. Any Notice shall be in writing and shall be glvol by depositing the same in the United States mail, post-paid and rcgistered or certified, and addressed to the party to be notified, with return-receipt requeste4 or by delivering the Same.in person to an officer or principal of such party. Notice deposited in the mail in the manner hercinabove described shall be effective upon mailing. For purposes of Notice, the addresses of the parties shall, unless changed as hereinafter provided, be as follows: i. To the County:Orange County clo Housing and Community Department P.O. Box 8l8l Hillsborough, NC 27278 ATTN: Director Development u.Pee Wee Homes .O. Box 17102 Hill, Nc 275t6 I,ffn: Chair, Board of Directors C. Governing This shall be governed by the laws of the Sate of North Carolina the laws of the United States of America.,rnr IN WITNESS WHEREOF, the Owner has caused this Declaration to be signed by its duly authorized reprcsentative, on the day and year first above written. Pee Wee Homes Mellicent Blythe, Chair, Board of Directors To 7 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 8dilb{,rdsYLPT'Ll ar:g:saldxe uolssluruoc d11clqndfraoNWfry rozeql sgl'leos lelraou pue ptr?tl,(tu ssau16--T.rrt.rq , r|rtnrd'lArNnoc eoN\ruoVNI'IOUVC HJUON'sroperlqJo pJsogJoJt?rlC st1{q au?u slr ur peutrs se^\ lueurulsut EuloEalog ap'uoperodrocaql Jo lce eql sp prrc uenp i(1np fiuoryne Iq rgt pue 'uonerodr6 lutord-uoN BullorsCr1uoN e 'sauo11 ta/t\ eedJo srolca{qJo prBog oqlJo rl?tl3 q -r*F:frliffi 1eq3 s,(es 'uro^\sflnp eur {q Eupq'oqn aur aroJeq pareadde f1;euosred Aup s;q uo $ql {pac fqaraq op'atagpue {tuno3 paueu a^oqs eqt roJ pu? u! cllqnd ^rqoNDocusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 EXIfI BIT A Property Description llehnfiEc'qu g sretg.sorcbcsr {$eraeerl,s.B of Oarr aad Etl1strqrte, nrofsg ehencc.s-ttb c€sr srrsetr sonrb.3i. [5r glsc-rso re€E to a etske gEeoge so,rg! 86' 45r Eeer 5o leeg 99 8 erake.!!*". troa.th_3-'- U-i. Ifqee_.{0_ fseq Lo. i-itare G-Erft Fti;;,rhcrcs r{tb ELIl Stiece Noitb 86. 4.jf Bsst 5O.fccr to ti.Uegf.$trE, qnd.bg{ng ldqg #?3 dd 24, Bloek f.- of .cb€.nattertqgd lrrq rg chi_Toc- of Qerrtori, -f,ottb crso1t!8; ia per stlsv€tgq.-Er {.,9odeX, [wgqrrrlQlgr ard tre_qed.by s.. tii Cri4io,PII*q 15' 192t,:-u*.teqrqF-{ *ri $e gfflee af t[s nosrded ofDcntcls Sor Qraage. Ocnatryr. foGch Csloltla. PIN: 9778-97-5883 9 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224 Docusign Envelope ID: A7F54EB6-02F6-4B44-B5FA-9D9112C03224