V.G.4. Page 1 Email address cs0279@yahoo.com Name of the event Perquimans Co. High School Prom Date of the event Apr 12, 2025 Application Date Mar 24, 2025 Indlv/dualOrganizing Body requesting Shot in the Dark Pyro. LLC special event Person Responsible - Dwayne Goodwin Name Person Responsible - 252 312-9839 Cell Phone Person Responsible - c80279@yanoo.com Email Address Person Responsible = P.O. Box 284, Tyner, North Carolina 27980 Address Secondary Contact " Kelly Russell 252 722-5297 Name - Cell Phone Organizing Body - Address (if different Perquimans County Schools 305 S. Edenton Rd. St. Hertford, than person North Carolina 27944 responsible) Set up time 7:30 PM Event time 9:00 PM Breakdown time 9:15 AM Purpose and brief description of the Fireworks for Perquimans Co. High School Prom event (note if multiple days) Location(s) 371 Albermarle Blvd. derttord, North Carolina 27944 Approximate number 150 of attendees Iwould like more Pyrotechnics Permit information about the V.G.4. Page 2 following (check all that apply) This PDF is generated with the Google Forms Notification add-on. To generate customized PDFS from Google Forms, download Document. Studio (video demp). These messages are not added in the premiumy version. V.G.4. Page 3 Email address cs0279@yahoo.com Name of the event 4th Of July At Albemarie Plantation Date of the event Jul 04, 2025 Application Date Mar 24, 2025 indly/dual/Organizing Body requesting Albemarie Plantation Property Owners Asso. special event Person Responsible - Dwayne Goodwin Name Person Responsible - 252 312-9839 Cell Phone Person Responsible - Email Address cs0279@yanoo.com Person Responsible - P.O. Box 284, Tyner, North Carolina 27980 Address Secondary Contact : Tara Taylor Properties Manager 252 455-1688 Name " Cell Phone Organizing Body - Address (if different 371 Albemarle Blvd, Hertford, North Carolina 27944 than person responsible) Set up time 6:30 PM Event time 9:00 PM Breakdown time 9:30 PM Purpose and brief description of the 1 Day 4th Of July event (note if multiple days) Location(s) Albemarie Plantation Clubhouse Approximate number 200 of attendees Fwould like more Pyrotechnics Permit information about the V.G.4. Page 4 following (check all that apply) This PDF is generated with the Google Forms. Notification add-on. To generate customized PDFS from Google Forms, download Document Studio (video demp). These messages are not added in the premium version. XI.A.1. Page 1 RESOLUTION OF AUTHORIZATION TO CONVEY REAL PROPERTY TO MITEK, INC, PURSUANT TO N.C,G.S. $ 158-7.1(d) WHEREAS, Perquimans County (the "County") is a body politic and corporate oft the State ofNorth Carolina with the authority to sell real property and MiTek, Inc. ("MiTek") is a Missouri corporation authorized to do business and purchase real property in the State of North Carolina; and WHEREAS, the County and MiTek anticipate entering into an Offerto Purchase and Contract (the "Contract") under the terms ofwhich MiTek will agree to purchase from the County certain real property located in Bethel Township, the Town ofHertford, County of Perquimans, State ofNorth Carolina being identified as the 25 acres, more or less, directly southwest ofthe Perquimans Marine Industrial Park Basin, as recorded in Plat Cabinet Slide Perquimans County Registry (the "subject real property") for the purchase price of Six Hundred Twenty Five Thousand Dollars ($625,000.00); and WHEREAS, the County has determined that the fair market value of the subject property is Six Hundred Twenty Five Thousand Dollars ($625,000.00); and WHEREAS, the average hourly wage and benefits package to be paid to MiTek workers located at and on the subject real property is anticipated to be over 25% greater than the Perquimans County average; and WHEREAS, it is in the best interests of the County and its citizens that the County convey the subject real property to MiTek,; and NOW THEREFORE, pursuant to the N.C.G.S. S 158-7.I(d), the Perquimans County Board ofCommissioners resolves and declares: 1. That the County is authorized to and shall convey the subject real property to MiTek for the purchase price of Six Hundred Twenty Five Thousand Dollars ($625,000.00). 2. That a copy of this resolution be placed in the minutes oft the April 7, 2025 meeting of the Perquimans County Board of Commissioners. This the 7th day of April, 2025, Chairman Perquimans County Board of Commissioners Clerk to the Board XI.A.2. - Page 1 STATE OF NORTH CAROLINA LEASE AGREEMENT COUNTY OF PERQUIMANS THIS LEASE AGREEMENT ("Lease"), made this day of 20 by and between PERQUIMANS COUNTY, hereinafter referred to as "Landlord, 97 and MiTek, Inc., hereinafter referred to as "Tenant." > Landlord and Tenant are at times collectively referred to hereinafter as the "Parties" or individually as the "Party." WITNESSETH: THAT, WHEREAS, at a meeting held in Hertford, North Carolina, on the day of April 2025, by the Perquimans County Commissioners, Landlord, duly approved the execution of this Lease; and WHEREAS, Landlord and Tenant have mutually agreed as herein set forth. NOW, THEREFORE, Landlord, for and in consideration of the rentals hereinafter provided and in further consideration of the covenants, conditions and provisions hereinafter set forth, does hereby rent, lease and demise unto Tenant for and during the term and under the terms and conditions hereinafter set forth, the Premises, as described herein, with all rights, privileges and appurtenances thereunto belonging. I. PREMISES 1.1 Premises. The "Premises" means that certain parcel or tract of land lying and being in the Perquimans County Marine Park (the "Park"), Hertford, North Carolina being more particularly described as: Being all of that certain lot located south and west of the PMIP basin, roughly 0.88 acres +/- and shown on a plat recorded in Plat Cabinet Slide of the Perquimans County Registry, dated March > 2025, attached hereto and incorporated herein as Exhibit A. The Landlord will keep, for its use a 30 ft. wide perpetual easement, around the basin bulkhead, for access, ingress and egress, and for maintenance or other purposes deemed necessary by the County. This easement is shown on same plat referenced above and attached as Exhibit A. II. TERM 2.1 InitialTerm. The initial term of this Lease shall be for a period oft twenty (20) years, commencing on the day of 2025, and expiring on the 31st day of December, 2045 ("Initial Term"). Page 1 of18 XI.A.2. Page 2 2.2 Renewal Term(s). Provided Tenant is not delinquent in the payment of rent and is not otherwise in default hereunder, Tenant shall have the option to renew this Lease for subsequent 5 year terms, that both parties agree to. Notice shall be given in March, prior to the renewal date. The Initial Term and the Renewal Terms are sometimes collectively referred to herein as the "Term. * Except as specifically set forth herein, the terms and conditions of this Lease shall remain the same during the Renewal Terms. III. RENT 3.1 Initial Term Rent. During the Initial Term, Tenant shall pay annual rent to Landlord for the Premises, ("Rent") in accordance with the following Initial Term Rent Schedule: Initial rental payment shall be $0.40 per square foot, per year for an annual rental payment of$15,333.12. The first rental payment was made on July 1, 2025 and subsequent rental payment shall be paid no later than the anniversary date oft this agreement each year. The annual rental rate shall adjust annually in accordance with the Consumer Price Index, South Region. 3.2 Manner and Place of Payment. Rent to be paid to Landlord shall be paid in legal tender, without counterclaim, set off or deduction of any kind or nature whatsoever and without notice or demand, Tenant shall pay Rent to Landlord at the address specified herein or, to such other address as Landlord may desiguate by notice in writing at least fifteen (15) days prior to the Due Date. For any period of less than a full month, quarter or year for which Rent is payable, the applicable Rent shall be prorated. 3.2 Due Date. All Rent under this Lease shall be paid to Landlord in advance oft the first (15) day of July (the first day of each July being the "Due Date"). Rent payments not delivered within ten (10) days of the Due Date shall bear interest beginning on the Due Date at 10%, or as may be amended from time to time. IV. CONDITION OF PREMISES. USE AND MAINTENANCE RESPONSIBILITIES 4.1 Condition of Premises. Except as otherwise expressly provided herein, Tenant acknowledges that the Premises is being delivered "as is", that Tenant has performed preliminary investigations and reviews and has concluded on its own judgment that the Premises are suitable for the purposes intended, without any. representations or warranties of any kind (including, without limitation, any express or implied warranties of merchantability, fitmess or habitability) from Landlord or any agent of Landlord. Page 2 of18 XI.A.2. Page 3 Tenants's entry into possession shall constitute conclusive evidence that as of the date thereof the Premises were in good order and satisfactory condition. 4.2 Permitted Uses. Subject to the terms and conditions ofthis Lease and in accordance with the Town of Hertford Zoning Ordinance, Districts C-5 and C-6, permitted uses- Metal Fabrication and Warehousing, and shall not be used for any other purpose without the prior written consent ofLandlord. 4.3 Prohibited Uses. Tenant shall not uise, occupy or permit the Premises to be used or occupied for any purpose other than those set forth in Section 4.2, nor do or permit anything to be done in or on the Premises, in a manner which would be deemed disreputable or extra-hazardous, or make void or voidable any insurance then in force with respect thereto, or which will make it impossible to obtain fire or other insurance required to be maintained by Tenant or Landlord hereunder, or which will cause or be likely to cause structural damage to any building or any part thereof located on the Premises, or which will constitute waste, a public or private nuisance, or unreasonable annoyance and shall not use or otherwise permit the Premises to be used or occupied in any manner which will violate any present or future laws of any governmental authority, including applicable environmental protection regulations, whether they be federal, state or local. Tenant shall not do or permit anything to be done in or about the Premises which will in any way obstruct or interfere with the rights of other tenants or occupants of the Park. In no event shall Tenant use the Premises as a place of residence or occupy or permit the Premises to be occupied as a dwelling place. 4.4 Compliance with Laws. Tenant shall comply, at its sole expense, with all applicable federal, state and local governmental laws, regulations and ordinances in its use and occupancy ofthe Premises. 4.5 Tenant's Maintenance and Repair Responsibilities. Tenant shall keep and maintain the Premises in good repair and in a clean and orderly appearance to the satisfaction of Landlord. Tenant shall, at its sole cost and expense, promptly repair and at all times maintain in good condition any improvements, trade fixtures or equipment situated on the Premises. Tenant shall immediately address at its sole cost and expense any violations or deficiencies cited or noted by governmental fire, building code or health inspectors. 4.6 Lease Guidelines. Tenant must provide information and adhere to the regulations found in "Perquimans Marine Industrial Park Lease Guidelines", Exhibit B, at all times. V. UTILITIES AND TAXES 5.1 Utility Services. The Premises shall be separately metered for electricity, water and, if applicable as provided herein, sewer. Tenant shall contract and pay for all utilities used or consumed in the Premises, including any tap, connection and metering fees which may be charged by the applicable utility supplier, unless Landlord, as provided herein, agrees to Page 3 of18 XI.A.2. Page 4 pay any such connection fees. Landlord shall not be responsible for any interruptions or curtailment in utility services. 5.2 Trash. Disposal. Tenant shall provide a sufficient number and size of solid waste disposal containers sO as to accommodate the trash generated by its use of the Premises, Tenant is responsible for the removal of trash from the Premises and for all costs associated with such removal. 5.3 Utilities at) Docks. If applicable, Tenant shall cause electric, water and sewer service to be properly connected to and made available at designated vessel service areas on the docks or wharfs that are appurtenant to the Premises. Upon the written consent of Landlord, Tenant may, at its sole cost and expense, install electric and/or water metering devices at designated vessel service areas. 5.5 Taxes and Assessments. Any and all taxes and other assessments which may be levied upon the Premises, or upon Tenant's interest in the Premises or any improvements, equipment o1 trade fixtures located thereon shall be paid by Tenant prior to when such taxes and other assessments become delinquent. VI. TENANT IMPROVEMENTS 6.1 Conditions Precedent to Construction and Renovation of Structures. Before construction of any structure or the renovation of any existing structure on the Premises is commenced, and before any building materials have been delivered to the Premises by Tenant or under Tenant's authority, Tenant shall submit construction or design plans (the "Plans") for the proposed structure to Landlord for review and written approval. Tenant shall also submit the Plans for prior review and approval to any governmental agencies and/or contractors as Landlord may require. Any cost or expense associated with Landlord's review of the Plans shall be borne by Tenant. Landlord's approval of the Plans shall be in addition to the approval and the issuance of appropriate permits by the local planning department having, jurisdiction, as required by applicable law. 6.2 Construction and Renovation of Structures. The construction ofany structure or the renovation of any existing structure on the Premises shall be made by Tenant, at its sole cost and expense, in compliance with all applicable governmental laws, rules, ordinances and regulations and in conformity with the Plans approved by Landlord. Any work (including interior and structural) performed by Tenant or at Tenant's direction shall be done in a good and workmanlike manner and shali be diligently pursued by Tenant to completion. T'enant shall not at any time permit any work to be performed on the Premises except by contractors duly licensed by the State of North Carolina, each of whom must carry insurance as required herein, certificates of which shall be furnished to Landlord, upon request, Landlord, for its sole benefit, reserves the right to inspect the construction or renovation of any structure while in progress to assure conformity with the approved Plans. Page 4 of18 X1.A.2, Page 5 6.3 Mechanic's Liens. Tenant shall not permit any mechanic's, materialman's, contractor's, subcontractor's or other similar lien arising from any work ofimprovement performed by or on behalf of Tenant, however it may arise, to stand against the Premises. In the event the Premises are encumbered by any such lien, Tenant may in good faith contest the claim underlying such lien, sO long as Tenant immediately bonds or otherwise discharges the lien. 6.4 Insurance During Construction. Tenant will procure and maintain, and/or will require each contractor entering into a contract for the construction of improvements or structures on the Premises to procure and maintain, a form (i) commercial general public liability and property damage insurance, at its own cost and expense, during the duration of such contractor's contract, in the amount of at least $1,000,000 bodily injury and property damage liability combined single limit each occurrence/anmual aggregate (such mnsurance shall provide protection from claims for bodily injury, including death, property damage and contractual liability, products/completed operations, third party property damage and XCU (explosion, collapse and underground property damage), where applicable; (1i) business automobile liability insurance on owned, hired and non- owned vehicles for limits not less than $1,000,000 each accident, bodily injury and property damage liability; and (in) statutory worker's compensation and employer's liability insurance during the term of its contract, covering its employees working thereunder. Employer's liability insurance shall be written with the following limits: (a) $1,000,000 each accident-bodily injury by disease, (b) $1,000,000 policy limit-bodily injury by accident and (c) $1,000,000 each disease-bodily injury by disease; lower limits for employer's liability insurance are satisfactory as long as $1,000,000 Umbrella Liability Policy is in effect, Each contract for the construction of improvements on the Premises shall also provide that each subcontractor of any contractor who is a party to such a contract shall be required to furnish worker's compensation insurance substantially similar to that required herein. All liability insurance policies required hereunder shall include Tenant and Landlord as additional insureds and all such policies, if issued by a private carrier, shall contain a provision prohibiting cancellation or termination with at least thirty (30) days' prior written notice to Tenant and Landlord (ten (10) days' notice shall apply to non-payment). A certificate evidencing such coverage shall be provided to Tenant and Landlord or, if such insurance is provided by a private carrier, a completed certificate of insurance, in form reasonably acceptable to Tenant and Landlord, shall be provided to Tenant and Landlord with respect to each contractor entering into a contract for the construction of improvements on the Premises. VII. INSPECTION AND GUIDELINES 7.1 Landlord's Right to Inspect. Landlord may enter upon and inspect the Premises for purposes of insuring Tenant's compliance with this Lease and for the additional purpose of fulfilling its obligations. Landlord may at all reasonable times enter the Premises Such entry by Landlord shall not constitute deprivation of any right of Tenant. Page 5 of18 XI.A.2. Page 6 7.2 Lease Guidelines. Tenant agrees to abide by and conform to the approved regulations and standards approved by Landlord as part of the "Lease Guidelines" for the Perquimans Marine Industrial Park, attached hereto and incorporated herein as Exhibit B, as may be amended by Landlord from time to time in its reasonable discretion. Enforcement of the terms of the Lease Guidelines is the sole prerogative of the Landlord, and no tenant shall acquire any such rights with respect to any other tenant or tenants by reason of the execution ofthis Lease. VIII. LIABILITY. INDEMNIFICATION. AND INSURANCE 8.1 Landlord Liability. Landlord shall not be liable for any damages to property or injuries to persons whatsoever which may arise from or be incident to the exercise of the privileges, rights and interests herein granted, or for damages to the property of Tenant, or for damages to the property or injuries to the person ofTenant's officers, employees, agents, contractors, patrons, invitees or others on the Premises or in the Park. 8.2 Indemnification of Landlord. Tenant agrees to release, discharge, indemnify and hold harmless Landlord, its successors and assigns, its officers, board members, from and against all loss, costs, expense, tiability, claims and actions, whatsoever, in connection with injury to or death of any person or persons, or loss of or damage to property caused by or in any way connected with or arising out of the lease and use of the Premises by Tenant, and Tenant's assigns, representatives, employees, agents, patrons or invitees. The obligations in this Section 8.2 shall survive the expiration or earlier termination of this Lease, 8.3 Insurance. During the Term, Tenant shall maintain or cause to be maintained in full force and effect and at its own expense the following forms ofi insurance: 8.3.1 Casualty Insurance. At all times during the Term, Tenant shall keep any improvements on the Premises insured against loss or damage by fire and all other causes of loss, including the perils of windstorm and hurricane, in an amount for the full replacement cost thereof (or the maximum replacement percentage available under prevailing insurance industry standards) with building ordinance or law endorsement, which amount Tenant will review as to the sufficiency at least annually and, if insufficient, will increase. Tenant will insure any boilers or other pressurized vessels on the Premises against rupture o1 explosion. Tenant will insure all improvements (including improvements in course of construction), against direct physical loss from flood and earth movement in amounts as are reasonably adequate to protect the interests of Tenant and Landlord, but not in any event to be less than fifty percent (50%) of the total estimated replacement cost of all insured improvements. Unless otherwise approved in writing by Landlord, in case of loss or damage to improvements on the Premises, all proceeds of any applicable insurance shall be used with all reasonable speed by Tenant for the reconstruction, repair or replacement ofir improvements in a good and workmanlike manner in substantial conformance with the plans submitted to Landlord, and conforming to laws and regulations then in effect as shall be first approved in writing by Landlord. Page 60f18 XI.A.2. Page 7 Tenant will, at its own expense, effect and naintain such other property insurance with respect to the Premises as Landlord may from time to time reasonably require with due regard to prevailing prudent business practice as adequate for Landlord's and Tenant's protection based on comparable facilities. 8.3.2 Commercial Liability and Other Insurance. Tenant shall maintain commercial general liability and/or umbrella liability policies, which provide coverage for the Premises. Said insurance shall include coverage for bodily injury and property damage liability; Premises operations; broad form property damage; personal and advertising injury liability; blanket contractual liability; independent contractor's liability; and fire legal liability. To the extent that Tenant or its independent contractor(s) engage in any construction, demolition or excavation operations, all policies covering these operations shall be endorsed to provide coverage for explosion, collapse and underground hazards. The policy or policies of insurance shall provide coverage on an "occurrence" basis (not on a "claims made" basis) and shall provide limits of no less than the following amounts: General Liability-Single Limits Per Occurrence $1,000,000 Single Limits Aggregate $2,000,000 Prod.-Comp/Op $2,000,000 Personal and Adv. Injury $1,000,000 Each Occurrence $1,000,000 Fire Damage (one fire) $300,000 Automobile Liability (each accident) $1,000,000 Uninsurd/Underinsured Motorist $100,000 Medical Payment $1,000 Comb. Single Limit $1,000,000 Workers Compensation as required by law Landlord may from time to time reasonably require, with due regard to prevailing prudent business practices, that these limits be increased in accord with limits customarily maintained by commercial operators of a similar nature and of comparable size in the general geographic region of the Premises, or that additional liability coverage be provided, as may be reasonably adequate for Landlord and Tenant's protection. Tenant shall not cause or permit, through any act or omission, any policy required by this Section to become void or lapse unless replaced by similar coverage. 8.3.3 Comprehensive Pollution Liability Coverage. If required by Landlord, Tenant shall maintain Comprehensive Pollution Liability Coverage with the maximum available limits. This coverage shall be effective upon the date required by Landlord or the receipt ofhazardous waste, whichever occurs first. 8.4 Insurance Requirements. All policies shall be issued by insurance companies acceptable to Landlord. All such policies maintained by Tenant shall be purchased only from insurers who are licensed to do business in the State of North Carolina. All insurance policies shall contain an endorsement specifically naming Landlord as an additional insured, and shall be primary to any other msurance that may be available to Page 7of18 XI.A.2. Page 8 Landlord, All insurance policies shall contain an endorsement stating that the insurer will not cancel or reduce coverage without first giving Landlord thirty (30) days prior written notice. Tenant will provide Landlord with current certificates of such insurance, including a copy of all additional insured endorsements, within thirty (30) days after the execution of this Lease, and will provide true and complete copies of such insurance policies upon Landlord's request. Notwithstanding the rights of any insurer, nothing herein shall affect the authority of the Attorney General of North Carolina, including but not limited to, the Attorney General's S authority to represent the Landlord in any and all litigation. IX. CASUALTY 9.1 Damage by Fire or Other Casualty. If any structure and/or improvement on the Premises, or a substantial part thereof, shall be damaged by fire, wind or other casualty, Tenant shall promptly repair or rebuild such structure and/or improvement to substantially the same condition as existed immediately prior to such damage or destruction, and all insurance proceeds payable as a result of such damage or destruction shall be made available to Tenant and shall be applied to the cost of such repair. In such event, Tenant, at its sole cost and expense, shall cause the repairs and renovations to be made in a good and workmanlike manner, without unreasonable delay, and in compliance with all applicable governmental laws and regulations and the Plans approved by Landiord in accordance with Section 6 hereof. Ifthe damage or destruction shall render any structure on the Premises untenantable, the rent required to be paid under this Lease shall not abate during the period of untenantability. X. HAZARDOUS MATERIALS 10.1 Hazardous Materials. For purposes ofthis Lease: (i) "Hazardous Material" or "Hazardous Materials" means and includes, without limitation, (a) solid or hazardous waste, as defined in the Resource Conservation and Recovery Act of 1980, or in any applicable state or local law or regulation, (b) hazardous substances, as defined in the Comprehensive Environmental Response Compensation and Liability Act of 1980 ("CERCLA"), or in any applicable state or local law or regulation, (c) gasoline, or any other petroleum product or by-product, (d) toxic substances, or rodenticides, as defined in the Federal Insecticide, Fungicide, and Rodenticide Act of 1975, or in any applicable state or local law or regulation, as each such Act, statute, or regulation may be amended from time to time; (ii) "Release" shall have the meaning given such term, in Environmental Laws, including, without limitation, CERCLA; and (iii) "Environmental Law" or "Environmental Laws" shall mean "Super Fund" or "Super Lien" law or any other federal, state, or local statute, law, ordinance, or code, regulating, relating to or imposing liability or standards of conduct conceming any Hazardous Materials as may now or at any time hereafter be legally in effect, including, without limitation, the following, as same may be amended or replaced from time to time, and all regulations promulgated and officially adopted thereunder or in connection therewith: Super Fund Page 8 of18 XI.A.2. Page 9 Amendments and Reauthorization Act of 1986 ("SARA"); the Comprehensive Environmental Response, Compensation and Liability Act of 1980 ("CERCLA"); The Clean Air Act ("CAA"); the Clean Water Act ("CWA"); the Toxic Substance Control Act ("TSCA"); the Solid Waste Disposal Act ("SWDA"), as amended by the Resource Conservation and Recovery Act ("RCRA"); the Hazardous Waste Management System; and the Occupational Safety and Health Act of 1970 ("OSHA"). All obligations and liabilities arising under this Section IO which arise out of events or actions occurring prior to the expiration or termination of this Lease shall survive the assignment of this Lease and the expiration, termination, cancellation or release of record oft this Lease. The term "liabilities" as used in this Section is hereby defined as any and all liabilities, expenses, demands, damages, punitive or exemplary damages, consequential damages, costs, cleanup costs, response costs, losses, causes of action, claims for relief, attorneys' and other legal fees, other professional fees, penalties, fines, assessments and charges. 10.2 Compliance. Tenant shall comply with all Environmental Laws applicable to the Premises and the Park. Tenant shall not use, generate, manufacture, store, permit or dispose of any Hazardous Materials on, under or about the Premises or Park nor transport any Hazardous Materials thereto. Tenant shall immediately notify Landlord of any and all enforcement, clean-up, remediation, removal or other governmental or regulatory actions instituted, completed or threatened pursuant to any applicable laws relating to any Hazardous Materials; and all claims, made or threatened by any person (including a governmental authority) against the Premises, Tenant or Landlord relating to any damage, injury, costs, remedial action or cost recovery compensation arising out of or due to the existence of any Hazardous Materiais in or about the Premises and Park. Tenant shall be responsible for water, effluent and waste management in accordance with all Federal, State or local laws, rules, regulations and ordinances. 10.3 Indemnification. Tenant shall defend, indemnify and hold Landlord harmless firom and against all actions, causes of action, claims, lawsuits, administrative proceedings, hearings, judgments, awards, fines, penalties, costs (including legal, engineers, experts investigatory and consulting fees), damages, remediation activities and clean-up costs, liens, and all other liabilities incurred by Landlord, whenever incurred, arising out of any Tenant's act or failure to act resulting in (i) the existence or presence (or the alleged existence or presence) on or about the Premises or Park of any Hazardous Materials or in the discharge of any Hazardous Materials into the environment; (ii) any personal injury or property damage resulting from any Hazardous Materials on or about the Premises or the Park; (in) the violation of any federal, state or municipal environmental protection or regulatory law; or (iv) the commencement or prosecution of any judicial or administrative procedure under any Environmental Laws or common law cause of action in which Landlord is named a party or in which it may intervene. 10.4 Landlord's Right of Inspection. Landlord, at any time during the Term, shall have the right, upon reasonable notice to Tenant, to enter the Premises for the purpose of inspecting same to determine ifHazardous Materials shall have been introduced into or under the Premises by Tenant. Any such entry shall be accomplished in such manner as to minimize any interference with the operations of Tenant and at such times as shall be Page 9of18 XI.A.2. Page 10 mutually convenient to Landlord and Tenant. If said inspection shall reveal that Tenant shall have sO introduced or permitted the introduction of such Hazardous Materials, Landlord may require Tenant to take all steps necessary as required by the applicable regulatory authorities to remediate said condition and to secure from said authorities evidence of said remediation to the satisfaction of said authorities. In addition, Landlord may immediately or at any time thereafter without notice perform such obligation of Tenant without thereby waiving such default. The obligations of Tenant hereunder shall survive the expiration ofthe Term or the earlier date oftermination ofthis Lease, 10.5 Landlord Not Liable for Hazardous Materials. Landlord shall not be responsible for any damage, loss or expense resulting from the existence on the Premises of any Hazardous Material generated, stored, disposed of or transported to or over the Premises. Landlord makes no representations regarding any environmental hazard on the Premises. The Premises are leased on an "as-is"where-is basis. XI. DEFAULT AND REMEDIES 1I.1 Events of Default. The occurrence of any of the following shall constitute a material default and breach ofthis Lease by Tenant (an "Event ofDefault"): 11.1.1 Vacation / Abandonment. Tenant ceases to occupy, abandons or vacates the Premises for the purposes of this Lease before the expiration of the Term. Such breach must be cured within thirty (30) days of notification to Tenant. 11.1.2 Failure to Pay. If Tenant fails to pay Rent or any other monetary payment as and when due where such failure continues for thirty (30) days after delivery of written notice thereofby Landlord to Tenant. 11.1.3 Transfer. The assignment, subletting or other transfer or any attempted assignment, subletting or other transfer, of this Lease or the Premises without the prior written permission ofLandlord or in violation of the terms hereof. 11.1.4 Violation of Environmental Laws. Any violation of applicable Environmental Laws or regulations that are not satisfactorily cured as provided herein. 11.1.5 Supervision of Employees. If Tenant fails to supervise or manage its employees, agents, contractors and invitees to ensure compliance with the terms and conditions of this Lease and all laws, rules and regulations governing or applicable to the Premises and the Park. 11.1.6 Failure to Perform. If Tenant fails to perform any of Tenant's nonmonetary obligations under this Lease, which failure remains uncured beyond any applicable cure period as provided herein. Page 10 of18 XI,A.Z. Page 11 11.1.7 Other Defaults. IfTenant fails to comply with any provision contained in this Lease or any of the rules commenced by or against it in any legal proceeding to declare it bankrupt, insolvent or unable to pay its debts, or shall make a general assignment for the benefit of its creditors. 11.1.8 Unethical or Fraudulent Actions. If, in its sole discretion, Landlord determines with regard to this Lease or to Tenant use and occupancy of the Premises, that Tenant knowingly has: acted in an unethical or fraudulent manner; or acted in a manner that would bring Landlord into disrepute; or acted in a manner that is in violation of public policy or in a manner detrimental to the legitimate interests of Landlord; or has refused Landlord's reasonable request for information or additional assurances either with respect to Landlord's reasonable belief that any oft the foregoing defaults may have occurred, or which may otherwise be required by law. Such breach must be cured as soon as practicable, and in every case, within thirty (30) days. 11.2 Remedies. In the event that any such Event of Default shall occur, Landlord, without declaring a termination of this Lease (which right is, however, unconditionally and absolutely reserved), may at its election pursue any one or more of the following remedies in addition to any other remedies available to Landlord at law, in equity, or pursuant to the terms of this Lease: 11.2.1 Enforce Lease. Maintain Tenant's right to possession, in which case this Lease shall continue in effect whether or not Tenant has abandoned the Premises. Landlord shall be entitled to enforce all of Landlord's rights and remedies under this Lease, including the right to recover the Rent as it becomes due. During the period Tenant is in default, Landlord may enter the Premises and relet them, or any part of them, to third parties for Tenant' s account. Tenant shall be liable immediately to Landlord for all costs Landlord incurs in reletting the Premises, including brokers' commissions, expenses of remodeling the Premises required by the reletting, and like costs. Reletting can be for a period shorter or longer than the remaining term of this Lease, Tenant shall pay to Landlord the Rent due under this Lease on the dates the Rent is due, less the Rent Landlord receives from reletting. No act by Landlord allowed under this subparagraph will terminate this Lease unless Landlord notifies Tenant in writing that Landlord elects to terminate this Lease. After Tenant's default and for sO long as Landlord does not terminate Tenant's right to possession of the Premises, if Tenant obtains Landlord's written consent, Tenant will have the right to assign or sublet its interest in this Lease, but Tenant will not be released from liability. If Landlord elects to relet the Premises as provided in this subparagraph, Rent that Landlord receives from reletting will be applied to the payment of: (i) first, any indebtedness from Tenant to Landlord other than Rent due from Tenant; (ii) second, all costs, including costs for maintenance, incurred by Landlord in reletting; and (iii) third, Rent due and unpaid under the Lease. After deducting the payments referred to in this subparagraph, any sum remaining from the Rent Landlord reçeives from reletting will be held by Landlord and applied in payment of future Rent as Rent becomes due under this Lease. If, on the date Rent is due under this Lease, the Rent received from the reletting is less than the Rent due on that date, Tenant will pay to Landlord, in addition to the remaining Rent due, all costs, including for maintenance, Page JI of 18 XI.A.2. Page 12 Landlord incurred in reletting which remain after applying the Rent received from the reletting; and/or 11.2.2 Termination. Terminate Tenant's right to possession of the Premises at any time by any lawful means, in which case this Lease shall terminate and Tenant shall immediately surrender possession of the Premises to Landlord. In such event, Landlord shall be entitled to recover from Tenant all damages incurred by Landlord by reason of Tenant's default, including without limitation (i) any unpaid Rent and other charges which Landlord had earned at the time of the termination; and (i) any other amount, including attomeys' fees and court costs necessary to compensate Landlord for all the detriment proximately caused by Tenant's failure to perform its obligations under this Lease or which in the ordinary course of things would be likely to result therefrom, including, but not limited to, any costs or expenses Landlord ncurs in maintaining or preserving the Premises after such default, the cost of recovering possession of the Premises, expenses of reletting, including necessary renovation or alteration of the Premises and any real estate commissions paid or payable; and Landlord's reasonable attorneys' fees incurred in connection therewith; or 11.2.3 Cure Default. Landlord with or without terminating this Lease may immediately or at any other time thereafter re-enter the Premises and cure any Event of Default and/or correct or repair any conditions which shall constitute a failure on Tenant's part to perform any obligation to be performed by it under this Lease, and Tenant shall pay Landlord on demand any and all costs or expenses paid or incurred by the Landlord in making any such cure, correction or repair. 11.3 Right ofLandlord to Re-Enter. In the event of any termination of this Lease by Landlord or the enforcement of any other remedy by Landlord under this Lease, Landlord shall have the immediate right to enter upon and repossess the Premises, and any personal property of Tenant may be removed from the Premises and stored in any public warehouse at the risk and expense of Tenant. Tenant hereby waives all claims arising from Landlord's re-entering and taking possession of the Premises and removing and storing the property of Tenant as permitted under this Lease and will save and hold Landlord harmless from all losses, costs or damages occasioned Landlord thereby, No such reentry shall be considered or construed to be a forcible entry by Landlord. Tenant hereby expressly waives any and all rights of redemption granted by or under any present or future laws in the event of" Tenant being dispossessed for any cause, or in the event of Landlord obtaining possession of the Premises, by reason of the violation by Tenant of any of the terms, covenants or conditions of this Lease, or otherwise. 11.4 Waiver. No course of dealing between Landlord and Tenant or any delay on the part of Landlord in exercising any rights it may have under this Lease shall operate as a waiver of any of the rights of Landlord hereunder, nor shall any waiver of a prior Event of Default operate as a waiver of any subsequent default or defaults, and no express waiver shall affect any condition, covenant, rule or regulation other than the one specified in such waiver and that one only for the time and in the manner specifically stated. Page 12 of18 XI.A.2. 1 Page 13 11.5 Legal Costs. Tenant shall reimburse Landlord, upon demand, for any reasonable costs or expenses incured by Landlord in connection with any breach by Tenant or the occurrence of any Event of Default under this Lease, whether or not suit is commenced or judgment entered. Such costs shall include reasonable legal fees and costs incurred for the negotiation of a settlement, enforcement of rights or otherwise. XII. RIGHTS AND OBLIGATIONS UPON TERMINATION 12.1 Surrender of Premises. At the expiration of the Term or the earlier termination of this Lease, or upon any reentry by Landlord pursuant to Section 11 hereof (subject to any right of a Leasehold Mortgagee hereunder to a new lease), T'enant shall promptly quit and peaceably surrender possession of the Premises to Landlord in good order, condition and repair and free and clear of all liens and encumbrances (other than those permitted hereby or otherwise created or consented to by Landlord); provided, however, that Tenant shall have no right to surrender the Premises (except a surrender upon the expiration of the Term or upon termination by Landlord pursuant to and subject to the provisions of this Lease) and Landlord will not accept any attempted surrender unless the prior written consent of any Leasehold Mortgagee shall have been obtained. If requested to do $O, Tenant shall also execute, acknowledge and deliver to Landlord such instruments as may be necessary or desirable to effectuate the termination of this Lease, the transfer of the Premises and any structures or leasehold improvements situated thereon to Landlord, or to perfect Landlord's right, title and interest in and to the Premises. 12.2 Removal ofImprovements Upon the expiration ofthe Term or the earlier termination of this Lease, Landlord may (but shall not be obligated to), upon written notice, require Tenant to remove, at the sole cost and expense of Tenant, and not later than ninety (90) days after the expiration or earlier termination of this Lease, all structures, buildings, improvements, trade fixtures, equipment and personal property of any kind whatsoever placed or maintained on the Premises by Tenant and others; and restore the Premises to a condition reasonably approximating that existing at the time of first occupation thereofby Tenant or others, ordinary wear and tear excepted. Should Tenant fail to SO remove said structures, buildings, mprovements, trade fixtures, equipment and personal property and restore the Premises, Landlord may do so, and in such event, Tenant shall reimburse Landlord for any cost or expense thereof. XIV. HOLDOVER 14.1 Holdover. In the event Tenant remains in possession of the Premises after the expiration of the Initial Term or any Renewal Term and without the exercise of any available Renewal Term or the execution of a new lease, Tenant shall occupy the Premises as a tenancy at sufferance subject to all of the conditions of this Lease insofar as consistent with such a tenancy. However, either Party shall give not less than thirty (30) days written notice to terminate the tenancy. In addition, Tenant shall indemnify, defend and hold Landlord harmless from any and all claims, losses, damages, costs and expenses Page 13 of18 XI.A.2. - Page 14 (including reasonable attorneys' fees and costs), incurred by Landlord in connection with any holdover by Tenant, including any claims, losses or damages relating to any prospective tenant of the Premises. XV. ADDITIONAL PROVISIONS 15.1 Assignment. Sublease. Binding. Effect. This Lease may not be assigned or the Premises subleased by Tenant in whole or in part without the express written approval ofLandlord. Tenant shall give Landlord written notice of any proposed assignment or sublease, together with the identity of the assignee or sublessee and other pertinent information requested by Landlord no less than one hundred twenty (120) days (unless a shorter notice period is consented to by Landlord) prior to the intended effective date of any proposed assignment or transfer. Subject to the foregoing, this Lease shall be binding upon and enforceable against, and shall inure to the benefit of, Landlord and Tenant and their respective, legal representatives, successors and permitted assigns. 15.3 Authority. Each person executing this Lease on behalf of Tenant does hereby represent and warrant that, if applicable: (a) Tenant is duly organized and in good standing in the State ofits organization and, if different, qualified to do business and in good standing in the State of North Carolina, (b) Tenant has full lawful right and authority to enter into this Lease and to perform all of its obligations hereunder, and (c) each person signing this Lease on behalf of Tenant is duly and validly authorized to do so. 15.4 Relationship Between Parties. Nothing in this Lease shall be construed to render the Landlord in any way or for any purpose a partner, joint venturer, or associate in any relationship with Tenant other than that of Landlord and Tenant, nor shall this Lease be construed to authorize either to act as agent for the other. 15.6 Entire Agreement, This instrument contains the entire agreement between the Parties, and no statement, premise, inducement, representation or prior agreement which is not contained in this written Lease shall be valid or binding. 15.7, Amendment. No amendment, modification, alteration or revision of this Lease shall be valid and binding unless made in writing and signed by Tenant and Landlord. 15.8 Construction ofLanguage. The terms "lease,' 77 "lease agreement" or "agreement" shall be inclusive of each other, and also shall include renewals, extensions, or modifications of this Lease. Words of any gender used in this Lease shall be held to include any other gender, and words of the singular shall be held to include the plural and the plural to include the singular when the sense requires. The section or paragraph headings and the titles are not a part of this Lease and shall have no effect upon the construction and interpretation of any part hereof. Page 14of 18 XI.A.2. Page 15 15.8 Terms. Capitalized terms used in this Lease shall have the meanings ascribed to them at the point where first defined, irrespective of where their use occurs, with the same effect as if the definitions of such terms were set forth in full and at length every time such terms are used. 15.9 Effect of Waiver or Forbearance. No covenant or condition of this Lease can be waived except by written consent of the Parties. A waiver of any covenant or condition on one occasion shall not be deemed a waiver of said covenant or condition on any subsequent occasion unless such fact is specifically stated in the waiver. Forbearance or indulgence by Landiord in any regard whatsoever shall not constitute a waiver of any covenant or condition to be performed by Tenant, and until Tenant has completely performed all covenants and conditions of this Lease, Landlord shall be entitled to invoke any remedy available to Landlord under this Lease or any law or equity despite such forbearance or indulgence. 15.10 Survival. All obligations accruing prior to expiration of the Term shall survive the expiration or other termination ofthis Lease. 15.11 Landlord's Remedies Cumulative. The rights and remedies ofLandlord specified in this Lease shall be cumulative and in addition to any other rights and/or remedies otherwise available, whether or not specified in this Lease. 15.12 Severability. In case any one or more of the provisions contained in this Lease shall for any reason be held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision hereof and this Lease shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein. 15.13 Construction. No provision of this Lease shall be construed against or interpreted to the disadvantage of any Party by any court or other governmental or judicial authority by reason of such Party's having or being deemed to have prepared or imposed such provision. 15.14 Counterparts. This Lease may be executed in two or more counterparts, each of which shall be deemed an original, and all of such counterparts together shall constitute one and the same instrument. 15.15 Memorandum of Lease for Recording. At the request of either Party, Landlord and Tenant shall execute a memorandum of this Lease for recording in the public records at the requesting Party's sole cost and expense. The memorandum of Lease shall set forth the Parties, provide a description of the Premises, specify the Term and incorporate this Lease by reference. Page 15 of18 XI.A.2. Page 16 15.16 Notices. All notices, request or other communication herein provided to be given, or which may be given, by either Party to the other, shall be deemed to have been fully given when made in writing and deposited in the United States mail, certified and postage prepaid or personally delivered and addressed as follows: To Landlord: Perquimans County Attn: County Manager P.O. 45 128 N. Church St. Hertford, North Carolina 27944 The address to which notices shall be mailed or personally delivered as aforesaid to either Party may be changed by written notice. [signatures begin on following pages] Page 16 of18 XI.A.2. Page 17 IN WITNESS WHEREOF, this Lease has been executed under seal by the Parties, in duplicate originals, as of the dates set forth in the notary acknowledgments below, TENANT: Mitek Inc. 16023 Swingley Ridge Rd. Chesterfield MO 63017 By: Print Name: Title: STATE OF NORTH CAROLINA PERQUIMANS COUNTY I, a Notary Public in and for the County and State aforesaid, do hereby certify that personally came before me this day and acknowledged that he/she is (title) of MiTek, Inc., and that he as (title) being authorized to do SO, executed the toregoing instrument on behalf of the corporation. IN WITNESS WHEREOF, I have hereunto set my hand and Notary Seal, this the day of 2025. Notary Public My Commission Expires: Print Name: Page 17 of18 XI.A.2. Page 18 LANDLORD: Perquimans County- Perquimans Marine Industrial Park By: Wallace Nelson, Chair STATE OF NORTH CAROLINA PERQUIMANS COUNTY I, a Notary Public in and for the County and State aforesaid, do hereby certify that personally came before me this day and acknowledged that he is (title) of Perquimans County, and that he as (title) being authorized to do $0, executed the foregoing instrument on behalf oft the organization. IN WITNESS WHEREOF, I have hereunto set my hand and Notary Seal, this the day of 2025. Notary Public My Commission Expires: Print Name: Page 18 of 18 XI.A.3. Page 1 COUNTY OF PERQUIMANS OFFER TO PURCHASE AND CONTRACT MITEK, INC. 25 ACRES + /, COMMERCE CENTER, HERTFORD, NORTH CAROLINA Perquimans County, a body politic and corporate of the State of North Carolina, as Seller, hereby offers to sell and convey and MITek, Inc., a corporation of the State of Missouri, licensed to do business in North Carolina, as Buyer, upon acceptance of said offer, agrees to purchase, all of that plot, piece or parcel of land described below, together with all improvements located thereon and such fixtures and personal property as are listed below (collectively referred to as the "Property"), up on the following terms and conditions: 1. REAL PROPERTY: Located in Bethel Township, the Town of Hertford, County of Perquimans, State of North Carolina, being identified as 25 acres, more or less, directly southwest of the Perquimans Marine Industrial Park Basin, as recorded in Plat Cabinet Slide Perquimans County Registry. Said 25 acres +/- will be surveyed by Perquimans County prior to conveyance. 2. PURCHASE PRICE: The purchase price is Six Hundred Twenty-Five Thousand Dollars ($625,000.00) and shall be paid as follows: (a) Five Thousand Dollars ($5,000.00) of the purchase price as an EARNEST MONEY DEPOSIT with this offer by bank check made payable to Perquimans County and delivered to Frank Heath, County Manager, as Escrow Agent, to be heid by "Escrow Agent", until the sale is closed as contemplated by this Agreement, at which time it will be credited to Buyer and applied to the purchase price, or until this contract is otherwise terminated. In the event: (1) this offer is not accepted by Seller; or (2) any of the conditions hereto are not satisfied, then all earnest monies shall be returned to Buyer. In the event of breach of this contract by Seller, upon Buyer's request, all earnest monies shall be returned to Buyer, but such return shall not affect any other remedies available to Buyer for such breach. In the event this offer is accepted by Seller, and Buyer and Seller do not consummate the sale contemplated hereby and Buyer breaches this contract, then all earnest monies shall become non-refundable and shall be forfeited upon Seller's request to Seller, but receipt of such forfeited earnest monies shall not affect any other remedies available to Seller for such breach. (b) Six Hundred Twenty Thousand Dollars ($620,000.00), by bank check at Closing. 3. EXPENSES: Unless otherwise agreed, Buyer shall be responsible for all costs with respect to any loan obtained by Buyer, appraisal, title search, title insurance, recording the deed and for preparation and recording of all instruments required to secure the balance of the purchase price unpaid at Closing. Seller shall pay for the preparation of a deed, survey and all other documents necessary to perform Seller's obligations under this agreement and for excise tax (revenue stamps) required by law. XI.A.3. Page 2 4. CLOSING: Closing shall be defined as the date and time of recording ofthe deed. All parties agree to execute any and all documents and papers necessary in connection with Closing and transfer of title within three (3) months of the date of this Offer to Purchase at a place designated by Seller. An additional 3-month period may be granted, upon consent by both parties, to allow for additional due diligence by the buyer. Absent agreement to the contrary in this contract or any subsequent modification thereto, the following terms shall apply: If either party is unable to close within three (3) months of the date of this Offer to Purchase, then provided that the party is acting in good faith and with reasonable diligence to proceed to closing, such party shall be entitled to reasonable delay ofthe Closing Date and shall give as much notice as possible to the non-delaying party and closing agent. In such event, however, either party for whom the Closing Date is delayed shall have a maximum of ten (10) days from the Closing Date, or any extension of the closing date agreed-upon in writing. 5. ASSIGNMENTS: This contract may not be assigned without the written consent of all parties, but if assigned by agreement, then this contract shall be binding on the assignee and his heirs and successors. 6. DELIVERY OF TITLE: Title must be delivered at Closing by GENERAL WARRANTY DEED unless otherwise stated herein, and must be fee simple marketable title, free of all encumbrances except: ad valorem taxes for the current year (prorated through the date of Closing); utility easements and unviolated restrictive covenants that do not materially affect the value oft the Property; and such other encumbrances as may be assumed or specifically approved by Buyer. The Property must have legal access to a public right of way, 7. PRORATIONS AND ADJUSTMENTS: Unless otherwise provided, the following items shall be prorated and either adjusted between the parties or paid at Closing: (a). Ad valorem taxes on real property shall be prorated on a calendar year basis through the date of Closing; (b) Ad valorem taxes on personal property for the entire year shall be paid by the Seller unless the personal property is conveyed to the Buyer, in which case, the personal property taxes shall be prorated on a calendar year basis through the date of Closing. (c) All late listing penalties, if any, shall be paid by Seller, 8. LABOR AND MATERIAL: Seller shall furnish at Closing an affidavit and indemnification agreement in form satisfactory to Buyer showing that all labor and materials, if any, furnished to the Property within 120 days prior to the date of Closing have been paid for and agreeing to indemnify Buyer against all loss from any cause or claim arising therefrom. 9. PROPERTY INSPECTION: Unless otherwise stated herein, or as otherwise provided on an inspection addendum attached hereto, Buyer shall have the option of inspecting or, obtaining at Buyers expense, inspections to determine the condition ofthe Property. 10. REPAIRS: Pursuant to any inspections in accordance with Paragraph 9 above, if any repairs are necessary, Seller shall have the option of completing them or refusing to complete them. If Seller elects not to complete the repairs, then Buyer shall have the option of accepting the XI.A.3. Page 3 Property in its present condition or terminating this contract, in which case all earnest monies shall be refunded. 11. REASONABLE ACCESS: Seller will provide reasonable access to the Property (including working, existing utilities) through the earlier of Closing or possession by Buyer, to Buyer or Buyers representatives for the purposes of appraisal, inspection, and/or evaluation. Buyer may conduct a walk-through inspection of the Property prior to Closing. 12, POSSESSION: Unless otherwise provided herein, possession shall be delivered at Closing, 13. ENTIRE AGREEMENT: This contract contains the entire agreement ofthe parties and there are no representations, inducements or other provisions other than those expressed herein, All changes, additions or deletions hereto must be in writing and signed by all parties. By signing this agreement, each party covenants that it has not entered into any contract, express or implied, with a realtor or agent or broker as contained in any listing agreement, buyer agency agreement, or any other agency agreement between them. Date: Date: Buyer (SEAL) Seller (SEAL) MWIURS HMON LNnOS SNZMIIDNT XI:A4: gIse juotubslaose) 88900-1900-2 aId 255BCECK lsi 1-181 '7S 'Od-0IT Dd 9Lt R'CI ME: uns mp:raxp992 AIN/OO SNYWIAOSd coIzy DT Kjaxos W OHNOISIAIG. 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Page 1 THIS AGREEMENT (hereinafter referred to as "the Agreement" or "this Agreement") is entered into effective as of. by and between MiTek, Inc., (hereinafter "MiTek") and Perquimans County, North Carolina, (hereinafter, the "County"), RECITALS WHEREAS, the Countyis vitally interested in the economic welfare of its citizens and the creation and maintenance of sustainable jobs for its citizens in strategically important industries and therefore wishes to provide the necessary conditions to stimulate investment in the local economy and promote business, resulting in the creation of a substantial number of jobs at competitive wages, and to encourage economic growth and development opportunities which the County has determined will be made possible pursuant to the Project (as defined below); and, WHEREAS, Milek has proposed establishing a truss component manufacturing facility at the Perquimans County Commerce Center and Perquimans Marine industrial Park Basin. It is anticipated that such a facility and any other buildings will be owned by MiTek and that the facility itself will be operated by Milek. It is further anticipated that any equipment, fixtures, furnishings and similar items located in or on the facility used by MiTek in the operation of the façility will be owned by MiTek. The building or buildings constructed on the facility are referred to herein as the "Facility". The Facility is referred to herein as the "Project'. MiTek expects that the Project will include taxable buildings and improvements having a minimum initiat aggregate taxable value of at least Thirty Million $30,000,000 and expects to create at least 80 new jobs as a result of the Project; WHEREAS, the County recognizes that the Project will bring direct and indirect benefits to the County, including, but not limited to, job creation, increase in ad valorem tax base, economic diversification and stimulus and has offered economiç development Incentives XI.A.5. Page 2 (the "Local Incentives") to induce MiTek to create jobs within the County and locate the Project at the Site, and such Local incentives do in fact induce MiTek to create jobs within the County and to locate the Project at the Site in that MITek woutd not create jobs within the County and tocate the Project in the County if the Local Incentives were not being offered and; WHEREAS, the County hereby acknowledges that the terms of this Agreement, including specifically the Local incentives and other assistance described in this Agreement, constitute a dispositive inducement to MITek to create jobs within the County and to (ocate the Project at the Site. Similarly, MiTek acknowledges that its decision to locate the Project at the Site resulted from the County's offer of Local Incentives and other assistance described in this Agreement, and; WHEREAS, the County is authorized pursuant to N.C.G.S. 158-7.1 to acquire and assemble land for industrial development purposes, and make appropriations and expenditures and convey interest in real property by private negotiation, and upon a public hearing, make a determination of proper consideration for such conveyance based on such factors as prospective tax revenues from improvements, increase of higher payingjobs, and other stimuli of the local economy. Such considerations shall be limited each fiscal yeart to a total of one-half of one percent of the County's assessed property tax valuation for each year. NOW THEREFORE, in consideration of the mutual promises and covenants contained herein the County, MiTek agree as follows: ARTICLEI LOCAL ECONOMIC DEVELOPMENT INCENTIVES RELATED TO LOCATION OF FACILITY, LAND, DEVELOPMENT AND INFRASTRUCTURE MiTek agrees to locate the Facility on a tract of land to be purchased by MiTek from the County for a purchase price equal to $25,000 per acre which at this time is estimated to be $625,000.00. The tract of land consists of approximately twenty-five (25.0) acres XI.A.5. Page 3 located on North Granby Street in the Perquimans County Commerce Centre, Perquimans Marine Industriat Park, Hertford, North Carolina (such property being referred to as the "Site"). After a full and final survey of the Site is completed, the purchase price may be adjusted depending on the number of acres contained in the Site as shown on the completed survey. The Site is denoted as the "Parcel A" on the map attached hereto as Exhibit A. Within 60 days after the effective date of this Agreement, or as soon thereafter as is practicable, the County will convey fee simple title to the Site to MITek for and in consideration of the payment on the conveyance date of Six Hundred Twenty Five Thousand ($625,000.00) (which the County has verified and determined is the fair market value of the Site and which is hereinafter referred to as the "Purchase Price"). Other than payment of the purchase price by MiTek to the County, no further consideration shall be conveyed other than the consideration set forth in Article II herein. The date on which such conveyance occurs is referred to herein as the "Conveyance Date", MiTek shall pursue all actions, after the Conveyance Date, necessary to ensure that the Site is appropriately zoned for the Facility and that all appropriate County permits and approvals are received in at timely manner, The Local inçentives related to the Site are seti forth in Article II herein. MiTek acknowledges that the subject property is subject to certain restrictions and covenants as more particularly shown in recorded restrictions and covenants recorded in the Perquimans County Registry. ARTICLED MITEK INVESTMENT REQUIREMENTS AND LOCAL INCENTIVES PROVIDED A. Capital investment Discounts- Within thirty-six (36) months of the conveyance date, MiTek shall complete construction of a building or buildings and facilities on the Site. The term "complete construction" shall mean construction of a building or buildings and facilities which meet the requirements of MiTek, and which are suitable for MITek to maintain and operate a truss component manufacturing facility on the Site. Upon MiTek accomplishing complete construction, MiTek shall apply for a Certificate of Occupancy and the date of issuance of the Certificate of Occupancy shall be deemed the date of complete construction. After the Certificate of Occupancy is issued by the Perquimans County Inspections Department, the County will have an appraisal firm appraise and assess the propertyto determine the taxable value ofthe building(s), facitities and improvements on the Site, not including the value of the land and taxable business XI.A.5, Page 4 equipment on the Site. Once the County has received the assessed and appraised value of the building(s), facilities and improvements on the site not including the value of the land and taxable business equipment on the Site, the County will reimburse MiTek based on the following table and based on the appraised and assessed value for the buildings, facilities and improvements on the Site which value shatl be exclusive of the land value and any taxable business equipment that may be located at that site at the time of valuation or in the future. Taxable Building Value Reimbursement Amount Less than $15,000,000 No reimbursement 15,00.000429.999.99 50% of Purchase Price Over $30,000,000 100% of Purchase Price ARTICLE III SUCCESSFUL COMPLETION OF CONSTRUCTION OF BUILDINGS, FACILITIES AND MPROVEMENTS In the event MiTek successfully accomplishes complete construction within thirty- six (36) months oft the conveyance date, MiTek shall be entitled to the amount of reimbursement set forth in Article H above and the County shall pay to MiTek the amount of reimbursement due Mitek within 90 days oft the date in which the County received the appraised and assessed value of the buildings, facilities and improvements on the site not including the value of the land and taxable business equipment on the site. ARTICLEIV UNSUCCESSFUL COMPLETION OF INCENTIVES QUALIFYING CRITERIA XI.A.5. Page 5 Notwithstanding any reimbursement paid to MiTek pursuant to this Article II herein, in the event that MITek does not maintain and operate a truss component manufacturing façility for a period of ten continuous years, MiTek shall pay to the County the amount of the County reimbursed portion of the purchase price within 90 days of written notice to MiTek by County that such sum is due. ARTICLEV UNSUCCESSFUL COMPLETION OF CONSTRUCTION OF BUILDINGS, FACILITIES AND MPROVEMENTS Upon failure of MiTek to () commence construction within two years of the Conveyance Date; or () to accomplish complete construction within thirty-six (36) months of the Conveyance, MiTek shall convey the property back to the County through conveyance of a general warranty deed, without further consideration for such transfer. In the event the Company does not reconvey the property back to the County upon Default, the County shall have the right to elect any legal remedies it may have available to itto have the property reconveyed to County. ABTICLEMI GENERAL PROVISIONS FOR LOCAL INCENTIVES All discounts on the purchase price of the Site shall be paid in the manner permitted by North Carolina law and shall be expended only in accordance with N.C.G.S. 158-7.1 and other applicable provisions of federal, state and local laws. In no event shall any such discount be made if MiTek has outstanding property taxes with respect to the Project, or other amounts owed to the County, then due (in which case payment shall be made after such obligations are discharged following written notice of such delinquency to MiTek). If all conditions set forth herein have been satisfied, unless otherwise specified, the term "Year" refers to a fiscal year of the County, which begins on July 1 and ends on the following June 30. XI.A.5. Page 6 ARTICLEVI OTHER PROVISIONS A. Adverse Change The parties acknowledge that the Project is mutually beneficial and supports the substantial investments in the Project by each party as outlined herein. The Project is based on current laws, policies, regulations and commitments. If during the term of the Project, the benefits to the parties as contemplated herein are successfully challenged or are adversely affected by changes resulting from legislative changes or administrative or judicial interpretation of laws, policies or regulations, the parties will, to the extent permitted by law, amend the Project and the Local ncentives so the parties receive at least the same benefits contemplated herein as if such laws, policies, regulations and commitments, ori in interpretations thereof, have not changed. B. Change in Law In the event any appliçable law, policy or regulations applicable to the MiTek adversely affects or impacts the effective operation of the Project, the County will endeavor to amend such law, policy or regulation to facilitate effective operation of the Project, so long as such amendment is in the interest of the County. County agrees to enter into a Development Agreement, if required, pursuant to N.C.G.S. 160-400.20 with the MiTek or development of the Site. C. Further Action The parties acknowledge that the terms of the Project and the Inçentives and other assistance described in this Agreement are subject to further actions legally necessary under North Carolina law to implement the Agreement in a lawfut manner, The venue of XI.A.5. Page 7 any legal action nstituted to enforce the terms of this agreement shall be in the court of appropriate jurisdiction in Perquimans County, North Carolina. D. Entire Agreement; Amendment; Authority This Agreement is the entire agreement between these parties as to the subject matter referenced herein, without regard to any prior agreements, understandings or undertakings (whether oral, written, electroniç or otherwise), and no amendment may be made to this Agreement except with the prior written consent of all parties. The parties, and each person executing this Agreement on behalf thereof, represent and warrant that they have the full right and authority to enter into this Agreement, which is binding, and to sign on behalf of the party indicated, and are acting on behalf of themselves, their members and successors and assigns of each of them. This Agreement shall be governed by and construed in accordance with the laws of the State of North Carotina, without regard to any construction arising from the application of conflicts or choice of law principles, and without regard to any construction arising by virtue of the negotiation or the persons who drafted this Agreement. The Parties consent to exclusive jurisdiction of the State of North Carolina, Perquimans County for this Agreement. Furthermore, NO PROVISION OF THIS AGREEMENT SHALL BE CONSTRUED OR INTERPRETED AS CREATING A PLEDGE OF THE FAITH AND CREDIT OF THE COUNTY WITHIN THE MEANING OF ANY CONSTITUTIONAL DEBT LIMITATION. NO PROVISION OF THIS AGREEMENT SHALL BE CONSTRUED OR INTERPRETED AS DELEGATING GOVERNMENTAL POWERS NOR AS A DONATION OR A LENDING OF THE CREDIT OF THE COUNTY' WITHIN THE MEANING OF THE CONSTITUTION OF THE STATE OF NORTH CAROLINA. THIS AGREEMENT SHALL NOT DIRECTLY OR INDIRECTLY OR CONTINGENTLY OBLIGATE THE COUNTY TO MAKE ANY PAYMENTS BEYOND THOSE APPROPRIATED BY THE COUNTY FOR ANY FISCAL YEAR IN WHICH THIS AGREEMENT SHALL BE IN EFFECT. NO PROVISION OF THIS AGREEMENT SHALL BE CONSTRUED TO PLEDGE OR TO CREATE A LIEN ON ANY CLASS OR SOURCE OF THE CITY OR THE COUNTY'S MONIES, NOR SHALL ANY PROVISION OF THE AGREEMENT OPERATE BEYOND ITS INTENDED SCOPE SO AS TO RESTRICT, TO ANY EXTENT OF ANY CONFLICT BETWEEN THIS SECTION AND ANY OTHER PROVISION OF THIS AGREEMENT, THIS SECTION SHALL TAKE PRIORITY. THE COUNTY HAS HAD THIS AGREEMENT, AND THE INCENTIVES CONTEMPLATED HEREUNDER, PRE-AUDITED TO ENSURE COMPLIANCE WITH THE BUDGETARY ACCOUNTING REQUIREMENTS (IF. ANY) THAT APPLY. THIS AGREEMENT IS CONDITIONED UPON, AND SHALL NOT BECOME OPERATIVE UNTIL, ANY REQUIRED PRE-AUDITED CERTIFICATION IS SUPPLIED. XI.A.5. Page 8 E. Severabitity If any court of competent jurisdiction holds any provision of this Agreement invalid or unenforceable, then (a) such holding shall not invalidate or render unenforceable any other provision of this Agreement, unless such provision is contingent on the invalidated provision; and (b) the remaining terms hereof shall, in such event, constitute the parties' entire agreement. F. Assignment MiTek shall not assign this Agreement or any portion thereof without the written consent of the County, nor shall MiTek assign any funds due ort to become due to it hereunder without the prior written consent of the County, provided however, MiTek shall be permitted to assign this Agreement or any portion thereof, or any funds due or to become due to it hereunder, to any direct or indirect wholly-owned subsidiary of MiTek. In the event of () the sale of the Site by MiTek; (i) the assignment of this Agreement by MiTek approved by County; or (ili) a substantial change in the ownership of MiTek, the terms and provisions of this Agreement shall remain in full force and effect and shall be binding upon the successors, assigns and grantees of MiTek. G. Certificate of Authority MiTek (or the appropriate wholly-owned subsidiary of the Company) shall file a Certificate of Authority with the Office of the Secretary of State to transact ousiness in the State of North Carolina as required by North Carolina Law promptly after the execution of this Agreement. H. Counterparts; Jurisdiction XI.A.5. Page 9 This Agreement may be executed in any number of counterparts, each ofwhich when so executed and delivered shall be deemed an original. The parties submit to the exclusive jurisdiction of the state courts of Perquimans County, North Carolina. I. Audit Right The County reserves the right to require a certified audit or may perform the audit through the use of its staff pertaining to MiTek's compliance with the capital investment requirements under the Articles of this agreement. J. Annual Report In the event MiTek should cease to be a public company, with its annual report publicly available online for review, MiTek shall furnish to the County a copy of its annual audit report performed by a certified public accountant as soon as it becomes available to MiTek, but no later than six months following MiTek's year end. K. Due Authorization Each of the parties hereto represents and warrants to each of the other parties that the execution, delivery and performance ofthis Agreement has been duly and validly authorized by all necessary corporate or governmental action on its part. L. Costs Each party shall assume its own costs, including but not limited to fees for legal, accounting, and engineering services, except that the County shall be responsible for the costs ofthe surveys for any portion of land which may be subject to this Agreement. XI.A.5. Page 10 M. Notices Any and all notices, requests, demands and other communications given under or in connection with this Contract shall be effective only if in writing and either personally delivered or mailed by registered or certified United States mail, postage prepaid, return receipt requested, addressed to the address of the recipient as described below, and shall be deemed to be received on the third day after it was deposited in the United States Mail or on the day it was actually received whichever day is earlier. County: Perquimans County PO Box 45 Hertford, North Carolina 27944 MiTek: N. Binding Effect This agreement shall be binding upon and inure to the benefit of the parties and their respective successors and assigns. O. Time Time is of the essence of this Agreement and each and all of its provisions. P. No Waiver of Remedies XI.A.5. Page 11 No delay or forbearance by the County in exercising any or all of its rights hereunder or rights otherwise afforded by law shall operate as a waiver thereof or preclude the exercise thereof during the continuance of any default as set forth herein, IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by the duly authorized representatives as of the date and year first above written. County: Perquimans County, NC By: Chairman MiTek: MiTek, Inc. By: Vice-President XI.B.1, Page 1 Gilmore & Bell, P.C. Draft-March 25, 2025 RESOLUTION OF THE COUNTY OF PERQUIMANS, NORTH CAROLINA AUTHORIZING THE EXECUTION AND DELIVERY OF AN INSTAIIMENT FINANCING CONTRACT AND A DEED OF TRUST; AUTHORIZING THE EXECUTION AND DELIVERY OF ALEASEAGREEMENTWITH THE PERQUIMANS COUNTY OF BOARDOF EDUCATION; AND AUTHORIZING THE EXECUTION AND DELIVERY OF RELATED INSTRUMENTS AND DETERMINING OTHER MATTERS IN CONNECTION WITH INSTALLMENT FINANCING FOR SCHOOL IMPROVEMENTS BEIT RESOLVED by the Board ofCommissioners (the "Board") ofthe County ofPerquimans County, North Carolina (the "County"), as follows: Section 1. The Board does hereby find and determine as follows: (a) The Perquimans County Board ofl Education (the "Board ofEducation"), the governing body oft the Perquimans County local school administrative unit, has determined that a need exists for the acquisition, construction andi installation of a new intermediate school facility (the "Project"), and hast requested capital funding to pay a portion thereof. (b) The Project is hereby approved. (c) After consideration and a public hearing held 0n1 March 3,2 2025, which public hearing was duly noticed pursuant to applicable law, the Board has determined thatthe most advantageous manner offinancing the Project is by entering into an installment financing contract (the "Contract") with Webster Bank, National Association (the "Lender") in a principal amount not to exceed$11,00,000, pursuant to Section 160A-20 of the General Statutes ofNorth Carolina, as amended. Pursuant to the Contract, the Lender will advance moneys to the County in an amount sufficient to pay, together with otheravailablef funds, (i) the costs ofthe Project and (i) costs ofissuancer related to the Contract, and the County will repay the advancement by making installment payments, with interest, for the term of the loan. The term of the loan will be approximately 20 years, (d) In order to secure theperformance ofthe County's obligations under the Contract, the County will execute and delivery a Deed of Trust (the "Deed of Trust"), granting a lien on the site of the Project and all improvements and fixtures thereon located and to be located thereon (the "Mortgaged Property"). (e) The Mortgaged Property will be leased back to the Board of Education pursuant to a Lease Agreement (the "LeaseAgreement') between the County and the Board of Education, which Lease Agreement will be subordinate to the lien created by the Deed of Trust, (f) The fOlowingdocuments (collectively, the "County Documents)havebeen presented to thel Board for approval relating to the transaction hereinabove described: (i) The Contract; (ii) The Deed of Trust; (it) The Lease Agreement; and (iv) The Federal Tax Agreement from the County. Section 2. The Board hereby approves the County Documents, in substantially the fomms presented at this meeting. The Chair or Vice Chair of the Board of Commissioners OT the County) Manager (each, an "Authorized Officer") are hereby authorized to execute, acknowledge and deliver the County Documents on behalf of the County, in suehfommandu.lsiameas: the. AutbogtadOlheresstigend delivering the County Documents: shall find acceptable. The Clerkofthe Board is hereby authorized to affix the official seal of the County to the County Documents as may be required and attest the same. XI.B.1. m Page 2 Section3. The. AitotaOffermdmdohs. properofficers ofthe County are authorized ando directed to cxecute and deliver such closing certificates, instruments, opinions, affidavits and other documents as required by the. Lender and to do or cause to be done: any and all other acts and things necessary or proper for carying out this Resolution, the County Documents and suçh other documents. Section 4. Notwithstandingany: provisionofthe Contract, no deficiency, judgmentmayber rendered against the County in any action for breach of a contractual obligation under the Contract and the taxing power of the County is not and may not be pledged directly or indirectly to secure any moncys due under the Contract, the security provided under the Contract and the Deed of Trust being the security for the Lender in such instance. Section 5. The County has made certain capital expenditures in connection with the Project prior to the date hereof, and the County expects to makeadditional capital expenditures: sin connection with the Project in the future. The County intends to reimburse itselffor all or: a portion ofsuch expenditures, to the extent permitted by law, with the proceeds ofthe Contract roletascemycliptiose be deliveredby the County. Ther maximum principal amount of the Contractor other tax-exempt obligations expected to be delivered forthe Project is not expected to exceed $11,000,000. Section 6. The County covenants to take such action as may be required in the opinion of nationally recognized bond counsel to the Lender to cause the Contract and all actions of the County with respect to the proceeds thereofto comply with Internal RevemueCodeof1986, as amended(he"Code).m ordert thatinterestwith respect to the Contract be or continue to be excluded from gross income for federal income tax purposes, Section 7. This Resolution shall take effect immediately upon its passage. Passed by the Board of Commissioners this 7th day of April, 2025. Wallace Nelson Chair of the Board of Commissioners * se * I, Mary Hunnicutt, Clerk to the Board for the County of Perquimans, North Carolina, DO HEREBY CERTIFY thatthe foregoing is a true and complete copy ofa resolution adopted byt the County Board at a regular meetingduly called andheld on April7,2025, andthatthe procedingsofsucht meetingare recorded in the. Minutes ofthe County. Pursuantto G.S. $ 14318/scumateopyofa sehalueoftegplamesing: ofthe County) Board is on file in my office. WITNESS my hand and the official seal of the County this 7th day of April, 2025. Mary Hunnicutt, Clerk to the Board County of Perquimans, North Carolina (SEAL) XI.B.2. Page 1 Prepared by and Return to: Jason C. Schurke, Esq. Gilmore & Bell, P.C. 2405 Grand Boulcvard, Suite 1100 Kansas City, Missouri 64108 LEASE AGREEMENT STATE OF NORTH CAROLINA COUNTY OF PERQUIMANS This LEASE AGREEMENT, dated as of April 10, 2025 (the "Lease"), by and between the COUNTY OF PERQUIMANS, NORTH CAROLINA, a body politic and corporate duly created and existing under the laws of the State of North Carolina, as lessor (the "County"), and the PERQUIMANS COUNTY BOARD OF EDUCATION, a body corporate which has general control and supervision of all matters pertaining to the Perquimans County Public Schools, its respective school administrative unit, and is duly organized and existing under the laws of the State of North Carolina, as lessee (the "Board of Education"), WITNESSETH: WHEREAS, the County and the Board of Education have determined to cooperate in a plan to finance the cost of a project which has found to be necessary and desirable to provide for improved public school facilities and improved public education in such school administrative unit; and WHEREAS, such project consists of the planning, design, equipping and construction of a new intermediate school facility (the "Project") on real property that, together with the Project and all buildings, improvements and fixtured located or to be located thereon (the "Leased Property") is to be leased by the County to the Board of Education, as more particularly described in Exhibit A hereto; and WHEREAS, as a part of such plan, the County has entered into an Installment Financing Contract, dated as of April 10, 2025, between the County and Webster Bank, National Association (the "Lender"), providing for the financing of the cost of the Project (the Installment Financing Contract"), a copy of which is attached hereto as Exhibit B; and WHEREAS, as a part of such plan, the County and the Board of Education have entered into an Agreement dated October 15 2024, providing, among other matters, for the construction and other accomplishment of the Project (the "Interlocal Agreement"); and WHEREAS, as a part of such plan, the County proposes to lease the Leased Property (as defined herein) to the Board of Education, and the Board of Education has determined to lease the Leased Property from the County; NOW, THEREFORE, for and in consideration of the mutual promises and covenants herein contained, the parties hereto agree as follows: XI.B.2. Page 2 ARTICLEI DEFINITIONS; RULE OF CONSTRUCTION All capitalized terms used in this Lease and not otherwise defined herein shall have the meanings assigned to them in the Installment Financing Contract, uniess the context clearly requires otherwise. In addition, the following terms will have the meanings specified below, unless the context clearly requires otherwise: "Board of Education Representative" means any person at the time designated, by a written certificate furnished to the County and signed on the Board of Education's behalf by its Chairman, to act on the! Board of) Eduçation's behalf for the purpose of performing any act under this Lease. "Closing Date" means the date on which the Installment Financing Contract takes effect. County Representative" means any person at the time designated, by a written certificate furnished to the Board of Education and signed on the County's behalf by the Chairman of its Board of Commissioners, to act on the County's behalffor the purpose of performing any act under this Lease. "Deed of Trust" means the Deed ofTrust, of even date herewith, from the County to the rustee named therein, for the benefit of the Lender, securing the installment payments and other obligations specified under the Installment Financing Contract, as supplemented and amended from time to time. "Event of Default" means one or more events of default as defined in Section 12.1. "Lease" means this Lease Agreement, as it may be duly amended, "Lease Term" means the term ofthis Lease as determined pursuant to Article IV, "Lease Year" means, initially, from the Closing Date through December 31, 2025, and, thereafter, means the welve-month period of each year commencing on January 1 and ending on the next December 31. "Leased Property" means the property subject to the Deed of Trust, consisting of the real property on which the Project will be located, together with all buildings, improvements and fixtures located or to be loçated thereon, and the rents, issues, profits and proceeds thereof, all as more fully described in the Deed ofTrust. All references to articles or sections are references to articles or sections of this Lease, unless the context clearly indicates otherwise. ARTICLE II REPRESENTATIONS, COVENANTS AND WARRANTIES The County and the Board of Education each represent, covenant and warrant for the other's benefit and the benefit of the Lender, as follows: (1) Neither the execution and delivery of this Lease, nor the fulfillment of or compliance with its terms and conditions, nor the consummation of the transactions contemplated hereby, results or will result in a breach of the terms, conditions and provisions of any agreement 01 instrument to which either is now aj party or by which either is bound, or constitutes a default under any oft the foregoing. XI.B.2. Page 3 (2) To the knowledge of cach party, there is no litigation or procceding pending or threatened against such party (or against any other person) affecting the rights of such party to execute or deliver this Lease or to comply with its obligations under this Lease. Neither the execution and delivery of this Lease by such party, nor compliance by such party with its obligations under this Lease, requires the approval of any regulatory body or any other entity the approval of which has not been obtained. ARTICLE III DEMISING CLAUSE The County hereby leases the Leased Property to the Board of Education and the Board of Education hereby leases the Leased Property from the County, in accordance with the provisions of this Lease, to have and to hold for the Lease Term. Notwithstanding anything in this Lease to the contrary, the Board of Education's rights to possession of the Leased Property, its rights to purchase the Leased Property pursuant to Section 5.2, and all of its other rights under this Lease are subordinate to the rights of the Lender, the beneficiary under the Deed of Trust. Anyjudicial sale of, or foreçlosure on, the Leased Property pursuant to the Deed of Trust shall terminate all the Board of Education's rights hereunder with respect to the Leased Property. ARTICLE IV LEASE TERM 4.1 Commencement. The Lease Term shall commence on the Closing Date, 4.2 Termination, The Lease Term shall terminate upon the earlier of either of the following events: (a) the termination of the Installment Financing Contraçt; or (b) an Event of Default and termination by the County pursuant to Article XII. Termination of the Lease Term pursuant to Section 4.2(b) shall terminatc the County's obligations under this Lease and the Board of Education's rights of possession under this Lease, but all other provisions of this Lease, including those relating to the receipt and disbursement of funds, shall be continuing until the Installment Financing Contract is discharged as provided therein. ARTICLE V QUIET ENJOYMENT; PURCHASE OPTION 5.1 Quiet Enjoyment. The County hereby covenants that the Board of Eduçation shall, during the Lease Term, peaceably and quietly have and hold and enjoy the Leased Property without suit, trouble or hindrance from the County, except as expressly required or permitted by this Lease, The County shall not interfere with the quiet use and enjoyment of the Leased Property during the Lease Term. The County shall, at the Board of Education's request and the County's cost, join and cooperate fully in any legal action in which the Board of Education asserts its right to such possession and enjoyment, or which involves the imposition of any taxes or other governmental charges on or in connection with the Leased Property. In addition, the Board of Education may at its own expense join in any legal action XI.B.2. Page 4 affecting its possession and enjoyment of the Leased Property, and shall be joined (to the extent legally possible, and at the Board of Education's expense) in any action affecting its liabilities hereunder. The provisions of this Article shall be subject to rights to inspect the Leased Property granted to parties under the Installment Financing Contract and to the right hereby reserved to the County to inspect the Leased Property at any reasonable time. Notwithstanding the foregoing, nothing contained in this Lease, the Interlocal Agreement, the Deed of Trust or any other arrangements entered into between the County and the Board of Education in connection with the financing of the Project shall be construed to grant to the County any jurisdiction or supervision over the operation and use of the public educational system for the County and its facilities that would not exist in the absence of these transactions. The County and the Board of Education hereby acknowiedge and agree that the transactions contemplated by this Lease, the Interlocal Agreement, the Installment Financing Contract, the Deed of Trust or any other arrangements entered into between the County and the Board of Education are entered to facilitate the financing by the County of a portion of the cost of the Project. The County shall have no rights over the public educational system or its facilities on account of this Lease and the other transactions contemplated hereby except as shall be necessary for the County to carry out its obligations under the financing arrangements. 5.2 Purchase Option. The Board of Education shall have the option to purchase the Leased Property at the end of the Lease Term upon (i) payment by the County to the Lender of all of the Installment Payments and other amounts payable to the Lender under the Installment Financing Contract or the Deed of Trust, and (ii) payment to the County of a purchase option price of $100. The Board of Education shall notify the County of its excrcising oft this option within one hundred twenty (120) days after the end of the Lease Term and within forty-five (45) days thereafter the County shall execute and deliver to the Board of Education a general or special warranty deed with a covenant against grantor's acts together with such other documents as are necessary to çonvey to the Board of Education good and marketable title to the Leased Property, subject only to (a) any encumbrances permitted or created by the Deed of Trust or the Installment Financing Contract ("Permitted Encumbrances") and (b) any encumbrance or imperfection çaused by or attributable to the Board of Education. Upon request of the Board of Education, the County shall request the Lender to release the Leased Property, or any part thereof, to the extent that it constitutes all or any portion of the Property (as such term is defined in the Deed of Trust) or the Project, ARTICLE VI CONSIDERATION FOR LEASE 6.1 Use for School Purposes; Assumption of Obligations. In partial consideration for its acquisition of rights to use the Leased Property during the Lease Term and its option to purchase the Leased Property, the Board of Education hereby agrees to use the Leased Property for public school purposes in fulfillment of its obligation, shared by the County, to provide for public education in the County. In addition, in consideration of its rights under this Lease, the Board of Education undertakes the obligations imposed on it hereunder, including those imposed by Section 8.1. 6.2 Payments. In partial consideration for its acquisition of rights to use the Leased Property during the Lease Term and its option to purchase the Leased Property, the Board of Education hereby agrees to pay to the County annual rent in the amount of $100 payable in advance on the Closing Date (receipt of which is hereby acknowledged) and on the first day of each Lease Year thereafter. The County and the Board of Education acknowledge their understanding that, although the County's financing of the XI.B.2. Page 5 cost of the Leased Property and providing of the Leased Property to the Board of Education for its use is of substantial value to the Board of Education, any payment by the Board of Education of a market value rent would represent simply an accounting transaction, because the Board of Education's funding for such purpose would be primarily provided through the County. ARTICLE VII CONSTRUCTION OF THE PROJECT 7.1 Construction of the Project. The County has provided in the Interlocal Agreement for the construction and other accomplishment of the Project by the Board of Eduçation. The Board of Education represents that it has reviewed all provisions concerning the construction and other accomplishment of the Project in the Installment Financing Contract and hereby approves such provisions. The Board of Education shall take possession of the Project upon completion thereof. Title to the Project and the remainder of the Leased Property shall be held by the County during the Lease Term, subject only to Permitted Encumbrances. 7.2 Additional Improvements to the Project. The Board of Education may at any time and from time to time, in its sole discretion and at its own expense, acquire, construct and install real property improvements and items of equipment or other personal property other than the Project in or upon any portion of the Leased Property that do not materially impair the effective use or materially decrease the value ofthe Leased Property. The Board of Education shall repair and restore any and all damage resulting from the acquisition, construction and installation of any such improvements or property, ARTICLE VIII BOARD OF EDUCATION'S ASSUMPTION OF COUNTY'S OBLIGATIONS 8.1 Assumption of Obligations. The Board of Education hereby assumes all the County's obligations under the Installment Financing Contract regarding care, use and operation of the Leased Property, payment of taxes, utilities and other governmental charges, maintenance of insurance coverage, prevention of liens, and repair or replacement of the Leased Property, It is expressly understood that the Board of Education shall not assume the County's obligation under the Installment Financing Contract to pay the Instailment Payments and that the Board of Education shall not indemnify the County or any other party to the Installment Financing Contract for third-party claims asserted against any party to the Installment Financing Contract relating to the payment ofthe Installment Payments. 8.2 Transfer of Rights. In order to allow the Board of Eduçation to carry out the County's obligations under the Installment Finançing Contract to be assumed by the Board of Education, the County hereby transfers its rights under the Installment Financing Contract regarding such obligations to the. Board of Education. Nothing in this Section, however, shall be construed as in any way delegating to the Board of Education any of the County's rights or responsibilities to make decisions regarding the Board of Education's capital and operating budgets or otherwise covenanting that funds for such purposes will be appropriated or available. 8.3 Board of Education's General Covenant. The Board of Education further undertakes not to take or omit to take any action the taking or omission of which would cause the County to be in default in any manner under the Installment Financing Contract. If the Board of Education shall take or omit to take any such action, then the Board of Education shall proceed with all due diligence to take such action as may be necessary to cure such default. XI.B.2. Page 6 8.4 County's Cooperation, The County shall cooperate fully with the Board of Bduçation in filing any proof of loss or taking any other action under this Lease. In no event shall the County or the Board of Education voluntarily settle, or consent to the settlement of, any proceeding arising out of any insurance claim with respect to the Project without the other's written consent. If the amount expected to be received pursuant to any such settlement does not exceed $50,000, then the Board of Education may, without the consent of the County, voluntarily settle, or consent to the settlement of, any proceeding arising out of any related insurance claim, provided that the Board of Education promptly notifies the County of such settlement after it has been reached. 8.5 Advances; Performance of Obligations. If the Board of Education shall fail to pay any amount required to be paid by it under this Lease, or fails to take any other action required of it tinder this Lease, then the County may (but shall be under no obligation to) pay such amount or perform such other obligation. The Board of Education agrees to reimburse the County for any such payment or for its costs incurred in connection with performing such other obligation. ARTICLE IX DISCLAIMER OF WARRANTIES; OTHER COVENANTS 9.1 Disclaimer of Warranties. THB COUNTY MAKES NO WARRANTY OR REPRESENTATION, BITHER EXPRESS OR IMPLIED, AS TO THE VALUE, DESIGN, CONDITION, MERCHANTABILITY OR FITNESS FOR A. PARTICULAR PURPOSE OR FITNESS FOR A PARTICULAR USE OF THE LEASED PROPERTY OR ANY PART THEREOF OR ANY OTHER REPRESENTATION OR WARRANTY WITH RESPECT TO THE LEASED PROPERTY OR ANY PART THEREOF. In 110 event shall the County be liable for any direct or indirect, incidental, special or consequential damage in connection with or arising out of this Lease or the existence, fumishing, functioning or use by anyone of any item, product or service provided for herein. 9.2 Further Assurances; Corrective Instruments, The Board of Education and the County agree that they will, from time to time, execute, acknowledge and deliver, or cause to be executed, acknowledged and delivered, such supplements hereto and such further instruments as may reasonably be required for correcting any inadequate or incorrect description of the Leased Property hereby leased or intended so to be, or for otherwise carrying out the intention hercof. 9.3 Board of Education and County Representatives. Whenever under the provisions hercof the approval of the Board of Eduçation or the County is required to take some action at the request of the other, unless otherwise provided, such approval or such request shall be given for the Board of Education by the! Board of Education Representative and for the County by the County Representative, and the Board of Education and the County shall be authorized to act on any such approval or request of such representative oft the other. 9,4 Compliance with Requirements. During the Lease Term, the Board of Education and the County shall observe and comply promptly with all current and future orders of all courts having jurisdiction over the Leased Property or any portion thereof (or be diligently and in good faith contesting such orders), and all current and future requirements of all insurance companies' written policies covering the Leased Property or any portion thereof. XI.B.2. Page 7 ARTICLE X TITLE TO LEASED PROPERTY; LIMITATIONS ON ENCUMBRANCES 10.1 Title to Leased Property. Except for personal property purchased by the Board of Education at its own expense, title to the Leased Property and any and all additions and modifications to or replacements of any portion of the Leased Property shall be held in the County's name, subject only to Permitted Encumbrances, until foreclosed upon as provided in the Deed of" Trust or conveyed as provided in this Lease, notwithstanding (a) the occurrence of one or more Events of Default as defined in Section 9.1 of the Installment Financing Contract; (b) the occurrence of any event of damage, destruction, condemnation or construction or title defect; o! (c) the violation by the County of any provision of this Lease, The Board of! Education shall have no right, title 01 interest in the Leased Property or any additions and modifications to or replacements of any portion of the Leased Property during the Lease Term, except as expressly set forth in this Lease, ARTICLE XI SUBLEASING AND INDEMNIFICATION 11.1 Board of Education's Subleasing. The Board of Education may not assign or sublease the Leased Property, in whole or in part, except as provided in Section 8.2 of the Installment Financing Contract. The Board of Education may, however, make the Leased Property available for community use in accordance with the laws of the State. 11.2 Indemnification. Except as provided in Section 8.1, to the extent permitted by law, the Board of Education shall and hereby agrees to indemnify and save the County and the Lender harmless against and from all claims by or on behalf of any person, firm, corporation or other legal entity arising from the operation or management of the Leased Property by the Board of Education during the Lease Term, including any claims arising from: (a) any condition of the Leased Property or (b) any act of negligence of the Board of Education or of any of its agents, contractors or employees or any violation of Jaw by the Board of Education or breach of any covenant or warranty by the Board of Education hereunder. The Board of Education shall be notified promptly by the County or the Lender of any action or proceeding brought in connection with any claims arising out of circumstances described in (a) or (b) above, ARTICLE XII EVENTS OF DEFAULT 12.1 Events of Default. Each of the following shall be an "Event of Default" under this Lease and the term "Default" shall mean, whenever it is used in this Lease, any one or more of the following events: (a) The Board of Education's failure to make any payments hereunder when due; (b) The Board of Education's failure to observe and perform any covenant, condition or agreement on its part to be observed or performed for a period of thirty (30) days after written notice specifying such failure and requesting that it be remedied shall have been given to the Board of Eduçation by the County or by the Lender, unless the County and the Lender shall agree in writing to an extension of XI.B.2. Page 8 such time prior to its expiration; provided, however, that if the failure stated in such notice cannot be corrected within the applicable period, neither the County nor the Lender shall unreasonably withhold its consent to an extension of such time if corrective action is instituted by the Board of Education within the applicable period and diligently pursued until such failure is corrected and, further, that ifby reason of any event or occurrence constituting force majeure the Board of Education is unable in whole or in part to carry out any of its agreements contained herein (other than its obligations contained in Section 6.2 or Section 8.I), the Board of Bducation shall not be deemed in default during the continuance of such event or occurrence. (c) The dissolution or liquidation of the Board of Education or the voluntary initiation by the Board of Education of any proceeding under any federal pr state law relating to bankruptcy, insolvency, arrangement, reorganization, readjustment of debt or any other form of debtor relief, or the initiation against the Board of Education of any such proceeding which shall remain undismissed for sixty (60) days, or the entry by the Board of Education into an agreement of composition with creditors or the Board of Education's failure generally to pay its debts as they become due. 12.2 Remedies on Default. Whenever any Event of Default shall have happened and be continuing after the expiration of any applicable cure period, the County may, with the Lender's consent, take one or any combination of the following remedial steps: (a) Terminate this Lease, evict the Board of Eduçation from the Leased Property or any portion thereof and re-lease the Leased Property or any portion thereof, (b) Have reasonable acçess to and inspect, examine and make copies of the Board of Education's books and records and accounts during the Board of Education's regular business hours, if reasonably necessary in the County's opinion, (c) Take whatever action at law or in equity may appear neçessary or desirable, including the appointment of a receiver, to collect the amounts then due, or to enforce performance and observance of any obligation, agreement or covenant of the Board of Education under this Lease. Any amount collected pursuant to action taken under this Section shall be applied in accordance with the Installment Financing Contract. 12.3 No Remedy Exclusive. No remedy berein conferred upon or reserved to the County is intended to be exclusive, and every such remedy shall be cumulative and shall be in addition to every other remedy given hereunder and every remedy now or hereafter existing at law or in equity. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power, end any such right and power may be exercised from time to time as may be deemed expedient. In order to entitle the County to exercise any remedy reserved in this Article XII, it shall not be necessary to give any notice, other than such notice as may be required in this Article XII. 12.4 Waivers. If any agreement contained herein should be breached by either party and thereafter waived by the other party, such waiver shall be limited to the particular breach so waived and shall not be deemed to waive any other breach hereunder. A waiver of an event of default under the Installment Financing Contract shall constitute a waiver of any corresponding Event of Default under this Lease; provided that no such waiver shall extend to or affect any subsequent or other Event of Default under this Lease or impair any right consequent thereon. 12.5 Waiver of Appraisement, Vaiuation, Stay Extension and Redemption Laws. The Board of Education and County agree, to the extent permitted by law, that in the case of a termination of XI.B.2. Page 9 the Lease Term by reason of an Event of Default, neither the Board of Education nor the County nor anyone claiming through or under either of them shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension or redemption laws now or hereafter in force in order to prevent or hinder the enforcement of the Installment Financing Contract or of any remedy provided hereunder or thereunder; and the Board of Education and the County, for themselves and all who may at any time claim through or under either of them, each hereby waives, to the full extent that it may Jawfully do so, the benefit of such laws. ARTICLE XIII MISCELLANEOUS 13.1 Notices. Any notice, request, demand, and other communication given under or in connection with this Contract shall be effective only ifin writing and either personally delivered or mailed by registered OT certified United States mail, postage prepaid, return receipt requested, addressed to the address of the recipient, with copy to the Lender, as described below, and shall be deemed to be received on the third day after the day it was deposited in the United States mail or on the day it was actually received, whichever is earlier. (a) Ifi intended for the County, addressed to it at the following address: County of Perquimans, North Carolina 128 N. Church Street Hertford, NÇ 27944 Attention: Finance Officer (b) Ifintended for the Board of Education, addressed to it at the following address: Perquimans County Board of Education 411 Edenton Road Street Hertford, NC 27944 Attention: Superintendent (c) If intended for the Lender, addressed to it at the following address: Webster Bank, National Association 360 Lexington Avenue, 5th Floor New York, NY 10017 Attn.: Public Sector Finance 13.2 Binding Effect, This Lease shall be binding upon and inure to the benefit of the Board of Eduçation and the County, subject however to the limitations contained in Article XI. 13.3 Third Party Beneficiary. This Lease inures to the bencfit of the parties hereto and the Lender and their successors and assigns, and is binding upon the parties hereto and their successors and assigns. 13.4 Net Lease. This Lease shall be deemed and construed to be a "net lease," > and the Board ofl Eduçation shall pay absolutely net during the Lease Term all other payments required hereunder, free of any deductions, and without abatement or setoff. XI.B.2. Page 10 13.5 Payments Due on Holidays. If the date for making any payment or the last day for performance of any act or the exercising of any right, as provided in this Lease, shall not be a business day, such payment may be made or act performed or right exercised on the next preceding day that is a business day with the same force and effect as if done on the nominal date provided in this Lease. 13.6 Severability. In the event that any provision of this Lease, other than the requirement of the County to provide quiet enjoyment of the Leased Property, shall be held invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof. 13.7 Execution in Counterparts. This Lease may be simultaneously executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument, 13.8 Applicable Law. This Lease shall be govemed by and construed in accordance with the laws of the State ofNorth Carolina, 13.9 Captions. The captions or headings herein are for convenience only and in no way define, limit or describe the scope or limit of any provisions or sections of this Lease. 13.10 Memorandum of Lease. At the request of cither party, the County and the Board of Education shall, on or before the Closing Date, execute a memorandum of this Lease legally sufficient to comply with the relevant provisions of the North Carolina General Statutes. 13.11 Preaudit Certification, This Lease shall not become effective unless and until the County's Finance Officer and the Board's Finance Officer have signed the Preaudit Certification. [Signature page follows.] XI.B.2. Page 11 IN WITNESS WHEREOF, the parties hercto have caused this Lease to be executed in their corporate names by their duly authorized officers, all as of the day and year first above written. COUNTY OF PERQUIMANS, NORTH CAROLINA By: Wallacc Nelson Chairman of the Board of Commissioners [SEAL) ATTEST: By: Mary Hunnicutt Clerk to the Board ofCommissioners PERQUIMANS COUNTY BOARD OF EDUCATION By: Chairman of the Board of Education [SEAL] ATTEST By: Name: Title: Secretary ofthe Board of Education This instrument has been pre-audited in the manner required by The Local Government Budget and Fiscal Control Act. Finance Officer County of Perquimans, North Çarolina This instrument has been pre-audited in the manner: required by the School Budget and Fiscal Control Act. Finance Officer Perquimans County Board of Education XI.B.2. Page 12 STATE OF NORTH CAROLINA COUNTY OF PERQUIMANS I, the undersigned, a Notary Public in and for said County and State, do hereby certify that Wallace Nelson and Mary Hunnicutt personally appeared before me this day, each acknowledging to me that he and she signed the foregoing document in the capacity indicated thereon, Witness my hand and notarial seal this day of April, 2025. Notary Public Printed Name: My commission expires: [NOTARIAL SEAL] STATE OF NORTH CAROLINA COUNTY OF PERQUIMANS I, the undersigned, a Notary Public in and for said County and State, do hereby certify that and personally appeared before me this day, each acknowledging to me that he and he signed the foregoing document in the capacity indicated thereon. Witness my hand and notarial seal this day of April, 2025. Notary Public Printed Name: My commission expires: [NOTARIAL SEAL] XI.B.2. Page 13 EXHIBIT A LEGAL DESCRIPTION OF LEASED PROPERTY [To be inserted from Title Commitment.) XI.B.2. Page 14 EXHIBIT B [Copy of Installment Financing Contract.J B-1 FOR INFORMATION ONLY - FIO FOR INFORMATION ONLY ITEMS FIO-1 Page 1 North Carolina Department of Natural and Cultural Resources State Historic Preservation Office Ramona M. Bartos, Administrator Governor Josh Stein Office of Archives and History Secretary Pamela B, Cashwel Depaty Secretary Darinj. Warers, Ph.p, February 28, 2025 The Honorable R. Ashley Hodges Mayor of the Town ofHertford PO Box 32 Hertford, NC 27944 Re: Certificate of Entry in the National Register of) Historic Places Hertford West Historic District Hertford, Perquimans County, NC (PQ0877) Listed: 2/11/2025 Dear Mayor Hodges: Ia am pleased to inform you that the above-referenced Historic District has been entered in the National Register ofHistoric Places. An official certificate of listing and a copy ofthe nomination are enclosed. The Town ofHertford is most fortunate to preserve an area that justly deserves this honor. The National Register has been called "a roll call oft the tangible reminders oft the history of the United States." It is, therefore, a pleasure for the Office of Archives and History to participate in this program and thereby make our nation aware ofNorth Carolina's rich cultural heritage. In order that we may keep our records up to date, it would be very helpful if you would notify us of any changes in ownership or of any major alterations to the property. We appreciate your partnership in preserving the best of our past for posterity. Sincerely, Dagna Darin J. WWaters State Historic Preservation Officer DJW/ssh Enclosures cc: Wallace Nelson, Chairman - Perquimans County Board of Commissioners Janice McKenzie Cole, Town Manager -Town ofHertford Location: 109 East Jones Succt, Ralcigh NC: 27601 Mniling Address: 4617 Mail Service Center, Raleigh NÇ2 27699-4617 Telephone/FAx: (919) 814-6570/814-6898 FIO-1 Page 2 ) 3, 3 % - / S SSE 3. VIDERA % State of 2orth Carolina Bepartment of Ratural anb Cultural Besources ffice of Archibes anb istorp This is to certify that the HERTFORD WEST HSTORIC DISTRICT HERTFORD PERQUIMANS COUNTY has been entered in THE NATIONAL REGISTER OF HISTORIC PLACES by the United State Department of the Interior upon nomination by the State Historic Preservation Officer under provisions of the National Historic Preservation Act of 1966 (P.L. 89-665). The National Register is a list of properties "significant in American history, architecture, archaeology, and culture - a comprehensive index of the significant physical evidences of our national patrimony. * Properties listed therein deserve to be preserved by their owners as aj parfpfthe cultural heritage of our nation. hte a d State Hidforic Preservation Officer Office ofArchives and History February 11, 2025 Date Entered DEPARTMENT HEAD REPORTS - DHR DEPARTMENT HEAD REPORTS DHR-1 Page 1 X X X - X X X X R DHR-1 Page 2 X x x * X X X x X < & DHR-1 Page 3 X X x X x x x & DHR-2 Page 1 1668 R 107 N. Front Street Phone: (252) 426-7010 Post Office Box 7 252) 426-5564 Hertford, NC: 27944 Fax: (252) 426-3624 PERQUIMANS COUNTY TAX DEPARTMENT Enforced Collections- March 2025 GARNISHMENTS: $1,621.20 PAYMENT AGREEMENTS: $12,468.19 DEBT SETOFFS: $257.64 DHR-3 Page 1 Neeg oF M I AR, 03/01/2025 - 03/31/2025 EREmL Dates Petnit PeImETDE Pbposedtos PEEECOS Feex Amouns Pyment REy Pmeht R Desdrintons Amount MA 3 3/1/2025 5056Bullding One family 200,000 75.00 $418.00 $75.00 3/1/2025 5056 Building One family 200,000 418.00 $10.00 3/1/2025 5056 Building One family 200,000 10.00 $50.00 3/1/2025 5056 Building One family 200,000 50.00! Robert $75.00 3/1/2025 5135! Buiding One family 299,000 75.00 1174075 Leonardo 3/1/2025 5135 Building One family 299,000 670.00 1174075 Robert $670.00 Leonardo 3/1/2025 5135Bullding One family 299,000 10.00 1174075 Robert $10,00 Leonardo 3/1/2025 5135/Building One family 299,000 50.00 1174075 Robert $50.00 Leonardo 3/1/2025 51986 Bullding Public Utlity 20,000 75.00/1170445 Ralph Thomas $75.00 3/1/2025 5198Building Public Utility 20,000 50.00 1170445 Ralph Thomas $50.00 3/1/2025 5210Building One family 24,000 75,00 $75.00 $75.00 3/1/2025 5210Building One family 24,000 75.00 $50.00 3/1/2025 5210'Building One family 24,000 50.00116B386 50.00 Sandra $50.00 3/1/2025 5267j Plumbing 3,000 Beasley/ McPherson Enterprizes Plumbina. 3/1/2025 5267 Plumbing 3,000 50.00 1168386 Sandra $50.00 Beasley/ McPherson Enterprizes Plumbina 3/1/2025 5268/Electrical Mobile Home 500 50,00 $50.00 5270Electrical 2,500 50.00 1170998 Bryan L Eure $50,00 3/1/2025 3/1/2025 5273Electrical One family 11,000 60.00 1170274 ramon guzman $60.00 3/1/2025 5273 Electriçal One family 11,000 20.00 1170274 ramon guzman $20,00 3/1/2025 5273 Electriçal One family 11,000 213.00 1170274 ramon guzman $213.00 3/1/2025 5278 Building 90,000 144.00 1166804 Donald Riddick $144.00 Builders 3/1/2025 5280 Plumbing Industrial 17,033 50.00 1168366 Tracey Denny $50.00 3/1/2025 5280 Plumbing Industrial 17,033 15,00 1168366 Tracey Denny $15.00 3/1/2025 5280 Plumbing Industrial 17,033 50.00 1168366 Tracey Denny $50.00 3/1/2025 5280 Plumbing Industrial 17,033 30,00 1168366 Tracey Denny $30.00 3/2/2025 5281 Building One family 310,000 75.001171030 Robert $75.00 Legnardo 3/2/2025 5281 Building One family 310,000 572.00 1171030 Robert $572.00 Leonardo. 3/2/2025 5281 Building One family 310,000 10.00 1171030 Robert $10.00 Leonardo 3/2/2025 5281 Building One family 310,000 50.00 1171030 Robert $50.00 Leonardo 3/3/2025 5282/Buliding One family 4D,000 638.00 1169088 VB Permits $638.00 3/3/2025 5283Plumbing 3,200 50.00 1167728 Jesse Joseph $50.00 3/3/2025 5283Plumbing 3,200 20.00 1167728 Jesse Joseph $20.00 Page: 1 of 5 DHR-3 Page 2 3/4/2025 5284Building One family 30,000 75.00 $148.00 $75.00 3/4/2025 5284Building One famfly 30,000 148.00 $50.00 3/4/2025 5285Electrical One family 500 50.00 $60.00 3/4/2025 5285_Electrical One family 500 60.00 $20.00 3/4/2025 5285 Electrical One family 500 20.00 1169331 K $75.00 3/4/2025 5286 Mechaniçal One family 10,400 75.00 Bowers. Bryan JR 3/5/2025 5287Building One family 110,200 75.00 $295.00 $75,00 3/5/2025 5287 Building One family 110,200 295.00 $10.00 3/5/2025 5287 Bullding One family 110,200 10.00 b $75.00 3/5/2025 5288 Building Stores, 125,000 75.00 1182722 3/5/2025 5288 Building Mercantile. Stores, 125,000 448.00 1182722 b $448,00 Mercantile 120.00 $120.00 3/5/2025 5289/Electrical Other- Specify 3,500 3/5/2025 5289] Electrical Other- Specify 3,500 40.00 $40.00 3/5/2025 5289/Electrical Other- Specify 3,500 267.00 $267.00 3/5/2025 5291,Mechanical One family 3,000 75.00! 1170778 LORI B $75.00 ARMSTRONG 3/5/2025 5292 Mechanicai One family 11,501 75.00 1.174375 Sabrina $75.00 McCarraher 3/5/2025 5293/Mechanical One family 11,501 76.00 1174547 Sabrina $76.00 McCarraher 3/5/2025 5294 Mechaniçal One family 11,501 74.00 1174557 Sabrina $74.00 McCarraher 3/6/2025 5295 Plumbing One family 6,500 50.00 $50.00 $90.00 3/6/2025 5295/Plumbing One family 18,000 6,500 150,00 90.00 1171679 Brian Ritayik $150.00 3/6/2025 5296 Building Garage $240.00 3/6/2025 5297Building. Garage 18,500 240.00 $50.00 3/6/2025 5298 Plumbing One family 1,200 50.00 $10.00 3/6/2025 5298 Plumbing One family. 1,200 50.00 10.00 1172264 Charles Brown $50.00 3/6/2025 5299 Plumbing One family 3,000 3/6/2025 5300 Building Mobile Home. 12,000 150.00 $150.00 $75.00 3/7/2025 5301 Buiiding One family 497,000 75.00 $1,499.00 3/7/2025 5301 Building One family 497,000 1,499.00 $10.00 3/7/2025 5301Building One family 497,000 10.00 $50.00 3/7/2025 5301Building One family 497,000 50.00 $50.00 3/7/2025 5302F Plumbing One family 12,000 50.00/1175272 Sandra Beasley/ McPherson Enterprizes Plumhina 3/7/2025 5302 Plumbing One family 12,000 170.00 1175272 Sandra $170.00 Beasley/ McPherson Enterprizes Plumhina 3/7/2025 5303 Plumbing 3,000 50.00 1174284 Sandra $50.00 Beasley/ McPherson Enterprizes Plumhina 3/7/2025 5303Plumbing 3,000 15.00 1174284 Sandra $15.00 Beasley/ McPherson Enterprizes Plumhina. 3/10/2025 5304/Plumbing 15,000 50.00! 1174495 s $50.00 3/10/2025 5304/Plumbing 15,0001 200.00/1174495 s $200.00 Page; 2 of 5 DHR-3 Page 3 3/10/2025 5305/Mechanical One family 11,501 75.00 1193382 Sabrina $75.00 McCarraher 3/10/2025 5306/Electrical One family 14,000 272.00 $272.00 $60.00 3/10/2025 5306Electrical One family 14,000 60.00 $40.00 3/10/2025 5306Electrical One family 14,000 40.00 $75.00 3/10/2025 5307 Bullding Olher- Specify 18,000 75.00 75.00 $75.00 3/10/2025 5307 Building Other- Speclfy 18,000 5308Building Amusement, 66,200 100.00 1175227 SAMANTHA $100.00 3/10/2025 Recreational HALE 5309/Mechanical One family 16,000 55.00 1175342 Keith W, Piercej $55.00 3/10/2025 3/10/2025 5309 Mechanical One family 16,000 75.00 1175342 Keith W. Pierce $75.00 3/10/2025 5309 Mechaniçal One family 16,000 75.00 1175342 Keith W. Piercel $75.00 3/11/2025 5310Mechanical One famiiy 19,250 5$.00/1175958 TRACEY $ $55.00 WINSLOW 3/11/2025 5310Mechanical One family 19,250 75.00 1175958 TRACEY S $75.00 WINSLOW 3/11/2025 5311 Building Other- Specify 300,000 75.00 $75.00 3/11/2025 5311 Building Other- Specify 300,000 438.00 $438.00 3/11/2025 5312/Building Other- Speclfy 5,000 50.00 $50.00 3/11/2025 5312Bullding Other- Specify 5,000 120.00 $120.00 3/11/2025 5313Building Other- Specify 9,000 103.00 $103.00 5314Mechanical 1,400 55.00 1179279 TRACEY 5 $55.00 3/11/2025 WINSLOW 3/12/2025 5315 Building Other- Specify 11,000 75.00 $75.00 3/12/2025 5315Building Other- Specify 11,000 120.00 $120.00 3/12/2025 5316Electrical One family 15,000 60.00 1180233 Willam G $60.00 Nelson. 3/12/2025 5316Electrical One family 15,000 600.00 1180233 Willam G $600.00 Nelson. 3/12/2025 5317/Electrical Mobile Home 3,500 50.00 $50.00 $50.00 3/12/2025 5317Electrical Mobile Home 3,500 50.00 $55.00 3/12/2025 5318/Mechanical. Mobile Home 3,000 55.00 $75.00 3/12/2025 5319Building One family 289,000 75.00 $716.00 3/12/2025 5319Building One family 289,000 716.00 $10.00 3/12/2025 5319Bullding One family 289,000 10.00 $50.00 3/12/2025 5319Bullding One family 289,000 50.00 75,00 1190591 Mitchell Home $75.00 3/12/2025 5320Building One family 400,000 Inc. 3/12/2025 5320Bulding One family 400,000 874.00 1190591 Mitchell Home $874.00 Inc 3/12/2025 5320Building One family 400,000 10.001190591 Mitchell Home $10.00 Inc 3/12/2025 5320 Building One family 400,000 50.00 1190591 Mitchell Home $50.00 Inc 3/12/2025 5321 Building One family 213,080 75.00 $130.00 $75.00 3/12/2025 5321Building One family 213,080 1,500! 130,00 50.00 1197178 Thomas Finley $50.00 3/13/2025 5323 Electriçal Mobile Home 3/15/2025 5324 Electrical Stores, 10,000 50.00 1185476 Amy' Voyles $50.00! Mercantile 3/15/2025 5324 Electrical Slores, 10,000 100.001185476 Amy Voyles $100.00 Mercantile Page: 3 of 5 DHR-3 Page 4 3/17/2025 5326Electrical Other Specify 2,000 50.00 $50.00 75.00 1183342 Sabrina $75.00 3/17/2025 5327 Mechanical 8,094 McCarraher 3/18/2025 5328 Plumbing One family 9,600 50,00 $120.00 $50.00 3/18/2025 5328 Plumbing One family 9,600 120.00 $50.00 3/18/2025 5329 Electrical One family 6,000 50.00! $20.00 3/18/2025 5329 Electrical One family 6,000 20.00 50.00 1184991 Willam C $50.00 3/18/2025 5332 Electrical Other- Specify 2,200 Phillips 5332Electrical Other- Specify 2,200! 20.00 1184991 Wiliam C $20.00 3/18/2025 Phillios. 3/19/2025 5333 Building One family 107,000 75.00 $549.00 $75.00 3/19/2025 5333Building One family 107,000 549.00 $50.00 3/19/2025 5333Building One family 107,000 50.00 $75.00 3/20/2025 5334 Building One family 250,0001 75.00 $850.00 3/20/2025 5334 Building One family 250,000 850.00 $50.00 3/20/2025 5334 Building One family 250,000 115.00 50.00 1187138 John R $118.00 3/20/2025 5335 Electrical One family 8,000 Randoiph Jr 5335 Electrical One family 8,000 60.00 1187138 John R $60.00 3/20/2025 Randolph Jr 3/20/2025 5337 Building One family 23,000 25.00 1188481 VB Permits $190.00 $25.00 3/20/2025 53371 Building One family 23,000 190.00 1188481 VB Permits $50.00 3/20/2025 53388 Building Other- Specify 5,000 50.00 3/20/2025 5339! Building Other- Specify 5,000 50.00 $50.00 5342Electrical One family 1,200 50.00 1188239 Bryant LI Eure $50.00 3/21/2025 3/21/2025 5343Electrical One family 250 50.00 $50.00 5344/Mechanical 7,500 55.00 1188678 LORI B $55.00 3/21/2025 ARMSTRONG 5344Mechanical 7,500 75.00 1188678 LORI B $75.00 3/21/2025 ARMSTRONG 3/21/2025 5345Building One family 107,000 75.00 $295.00 $75.00 3/21/2025 5345/Building One family 107,000 295.00 $10.00 3/21/2025 5345Building One (amily 107,000 50.00 10.00 1189202 Thomas $50.00 3/21/2025 5346Building One famlly 17,250 Stevenson 5347Building Modular Home 253,000 462.00/1192120 Gina S. Jones $462.00 3/22/2025 5347 Modular Home 253,000 10.00 1192120 Gina S. Jones $10,00 3/22/2025 Building 3/25/2025 5348Building One family 770,000 75.00 $1,031.00 $75.00 3/25/2025 5348Building One family 770,000 1,031.00 $10.00 3/25/2025 5348_Building One family 770,000 10.00 $50.00 3/25/2025 5349/Plumbing One family 6,500 50.00 $90.00 3/25/2025 5349/Plumbing One family 6,500 90.00 $50.00 3/25/2025 5350B Building 10,000 50.00 50.00 1192563 BRIAN $50.00 3/25/2025 5352 Plumbing One family 26,000 ROLLINSON 3/25/2025 5352 Plumbing One family 26,000 210.00/1192563 ROLLINSON BRIAN $210.00 3/26/2025 5353 Electrical One family 20,000 60.00/1193972 Brandon. 5 $60.00 Vanhorn 3/26/2025 5353 Electrical One family 20,000 20.00) 1193972 Brandon S $20.00 Vanhorn 3/26/2025 5353 Electriçal One family 20,000 522.00 1193972 Brandon $ $522.00 Vanhorn 3/26/2025 5354 Plumbing One family 17,000 50.00 $160.00 $50.00 3/26/2025 5354 Plumbing One family 17,000 160.00 $50.00 3/27/2025 5357 Plumbing One family 400 50.00 $5.00 3/27/2025 5357 Plumbing One family 400 5.00 $0.00 3/27/2025 5360/Plumbing One family 2,000 0.00 Page: 4 of 5 DHR-3 Page 5 3/28/2025 5362 Electricai One family 15,000 408.00 $408.00 3/28/2025 5362E Electrical One family 15,000 60.00 $60.00 3/28/2025 5362,Electrical One family 15,000 20.00 $20.00 3/31/2025 5365/Electriçal Mobile Home 250 0.00 $0.00 3/31/2025 5366Electrical Mobile Home 1,200L 0.00 $0.00 3/31/2025 5367/Plumbing One family 35,000 50.00/1197394 BRIAN $50.00 ROLLINSON 3/31/2025 5367/Plumbing One family 35,000 220.00/1197394 BRIAN $220.00 ROLLINSON. 3/31/2025 5368Mechanical One family 45,000 55.00 1197458 BRIAN $55.00 ROLLINSON 3/31/2025 536BMechanical One family 45,000 75.00 1197458 BRIAN $75.00 BOLLINSON 3/31/2025 5368 Mechanical One family 45,000 55.00 1197458 BRIAN $55.00 ROLLINSON 3/31/2025 5368/Mechanical One family 45,000 55.00 1197458 BRIAN $55.00 ROLLINSON 3/31/2025 5370 Electrical 1,000 50.00 $50.00 3/31/2025 5371 Electrical One family 10,000 50.00 $50.00 3/31/2025 5371 Electrical One family 10,000 40.00] $40.00 ME at A5 DS SSST SE 5E6D 655 500 M 3162500 Total Records: 166 4/1/2025 Page: 5 of 5 DHR-4 Page 1 of 1 Find J Next - a A * FORMED 668 E CARDI Case Activity Report 03/01/2025 - 03/31/2025 Activity : Case # : Parcel : Vinfation : Description $ Activity : Description : Date Address Type 3/21/2025 179 221 OLD US House Inspection House 17 RD deteriorating deteriorating and being demoed by property owners. 3/21/2025 182 Double Wide Inspection Double Wide Mobile Home Mobile Home deteriorating. deteriorating. 3/19/2025 180 237 OLD US House falling in Inspection House falling in 17 RD and and deteriorating deteriorating. Needs to be demoed. Contacting property owners. 3/19/2025 181 231 OLD US House Inspection House 17 RD deteriorating deteriorating and needs to be demoed. 3/11/2025 178 187 HOLLY Demo old Inspection Demo of old ST House house completed and cleaned up. Total Records: 5 4/2/2025 Page: 1 of 1 DHR-4 Page 2 Outlook Vin and plate number From LeAnne Wynne wynne@perquimanscounyncgov> Date Wed 4/2/2025 12:20 PM To Casey White casepwnite@perqumanscounyncgow, 142 Dean Polumbo 2019 Dodge Charger 2C3CDXAG6X:734142 42592W LeAnne Wynne 123 Perquimans County $heriff's Office 110 N. Church Street P.O. Box 31 Hertford NC: 27944 (252) 426-5615 Fax: (252) 426-4019 NC0720000 y DHR-5 Page 1 o a) ( 6 ERMEENVA 4 COMMITTEE REPORTS - CR COMMITTEE REPORTS