03/28/2007 ZONING BOARD OF APPEALS Minutes

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PURCHASE AND SALE AGREEMENT This 15th day of February 2007 1. Parties: 340-342 Main St. LLC, John McShane,Manager, 237 Route 149, Marstons Mills, MA 02648,hereinafter collectively called the Seller, agrees to sell and Southside Realty Trust, of P.O. Box 753 Osterville, MA 02655,hereinafter collectively called the Buyer or Purchaser, agrees to buy,upon the terms hereinafter set forth, the following described premises: 2. Premises: 2.33 Acre parcel of undeveloped land, formerly known as 340 and 342 Main St., and further described as parcel "B" on plan titled"Approval Not Required Plan, Center Street Village, Mashpee MA"by the Horsley Witten Group and recorded in the Barnstable County Registry of Deeds in plan book 611, page 13. 3. Buildings,Structures,Improvements, Fixtures: N/A—Vacant Land 4. Title Deed: Said premises are to be conveyed by a good and sufficient quitclaim deed running to the Buyer or to the nominee designated by the buyer by written notice to the Seller at least seven(7) days before the deed is to be delivered as herein provided, and said deed shall convey a good and clear record and marketable title thereto, free from encumbrances, except (a) Provisions of existing building and zoning laws; (b) Such taxes for the then current fiscal year as are not yet due and payable on the date of the delivery of such deed. (c)Any liens for municipal betterments assessed after the date of this agreement. (e) Easements, restrictions and reservations of record, if any, so long as the same do not prohibit or materially interfere with the use of said premises; Single Family Residential purposes. 5. Plans: If said deed refers to a plan necessary to be recorded therewith the Seller shall deliver such plan with the deed in form adequate for recording or registration. Final building plans to be per mutual agreement between buyer and seller. 6. Registered Title: In addition to the foregoing, if the title to said premises is registered, said deed shall be in form sufficient to entitle Buyer to a Certificate of Title of said premises, and the Seller shall deliver with said deed all instruments, if any, necessary to enable the Buyer to obtain such Certificate of Title.