STATE OF NORTH CAROLINA

LEASE
COUNTY OF MECKLENBURG

This agreement dated July 8, 2009 is by and between LANDLORD, Carolina Foreclosure Relief, LLC and
TENENT, Orlando Lee and Debra Lee for the dwelling located at 2049 Camp Greene Street, Charlotte, NC 28208
under the following terms and conditions:

1. Fixed-Term Agreement (Lease)-Tenant agrees to lease this dwelling for a fixed term of TWELVE (12) Months,
beginning July 8, 2009 TO June 30, 2009. When this lease ends and both parties want to continue this arrangement,
it will automatically go month to month.

2. Rent-Tenant agrees to rent this dwelling for the sum of $650.00 per month, payable in advance. There is no
grace period. Tenant agrees to waive the required 10-day notice period prior to filing for Summary
Ejectment in the Civil Court of Mecklenburg County.

3. Form of Payment-Tenant agrees to pay rent in the form of a money order, cash or a cashier’s check to Landlord.
Make payable to Cross Realty Property Management.

4. Rent Payment Procedure-

Rent is accepted by mail. Send it by the first day of the month to: PO Box 481707, Charlotte, NC 28269 or by direct
deposit to BB&T Bank account# 0005104269280.
Personal checks ARE NOT ACCEPTED. Make money order or cashiers check out to: Cross Realty Property
Management

5. Returned Checks: If for any reason a check used by tenants to pay Landlord is returned without having been
paid, Tenant will pay a returned check charge of $25.00 and take whatever other consequences there might be in
making a late payment.

6. Rent Due Date: The due date for the rent owing under this agreement is the FIRST DAY of every calendar
month. The LATE DATE is one day later. In other words, Tenant may pay rent on or before the due date.
The very next day is the rent late date. This is the first day when Landlord will consider the rent late.
Landlord expects to have RECEIVED the rent before this date. If Tenants rent is due on the first it must be
received on or before the first to be on time. There is no grace period.

7. Late Fees and Penalties: Landlord expects Tenant to pay rent promptly. In the event that this does not occur for
any reason, the Tenant will agree to pay 5% (32.50) of the rental payment to be charged by Landlord if any
rental payment is 5 days or more late.

8. Security Deposit: $650.00 has been paid as Security Deposit. Upon vacating, Tenant is responsible for the
following, and shall be charged for:
a. Any lease payment or portion thereof required by the terms of this Lease to be paid in full.
b. Any unpaid charges and insufficient charges as discussed above or later in the Lease.
c. Any costs incurred by Landlord caused by the enforcement of, or Tenant’s breach of, any terms or
provisions of the Lease, including court costs and attorneys fees.
d. Cost of any repairs or replacements, redecorating and/or refurbishing of the premises, or any
fixture, system or appliance caused by other than ordinary wear and tear.
e. A reasonable cleaning expense provided that Tenant does not leave the premises in clean and
rentable condition at the time Tenant vacates.
f. A reasonable expense for having to remove debris, trash and rubbish from in or around the
premises which Tenant left when Tenant vacates.
g. Cost of replacing keys which have not been returned and/or cost of a locksmith. $25.00 for each
fire or carbon monoxide detector and $100 for each garage door opener not left with the home.

9. Utilities/Services: Tenant agrees to pay all utilities and services.

Page 1 of 6 Tenant Initials: __________________

10. Use: The property shall be used and is designated as a residential dwelling.

11. Occupants/Guests: The number of occupants is limited to the person(s) signing this Lease and the following
named individuals: Orlando and Debra Lee (adults) and Jamailah, Orlando, and Jason (children). No one else may
live there without the Landlord’s prior written permission.

12. Assignment/Sub-letting: This Lease may not be assigned nor any portion of the property sub-let without the
Landlord’s written permission, in advance.

13. Pets: No pets are permitted on the premises without Landlord’s advance written permission. If tenant is
permitted keep a pet on the premises, there will be a pet fee of $300. This fee is Non-Refundable.

14. Liquid-Filled Furniture: Tenant may not keep any liquid-filled furniture in this dwelling.

15. Vehicles: Tenant agrees to keep a maximum of 3 vehicles on the premises. These vehicles must be both
operable and currently licensed. Tenant agrees to park their vehicles in assigned spaces and to keep those spaces
clean of oil drippings. Tenant agrees to advise their visitors about parking and to take responsibility for where their
visitors park. Only those motorcycles which have exhaust muffling comparable to that of a passenger car are
allowed. Only those self-propelled recreational vehicles which are used for regular transportation and are street legal
are allowed. Tenant agrees not to park recreational trailers, utility trailers and the like on the premises without first
obtaining the Landlord’s written permission. Tenant agrees not to repair their vehicles on the premises if such
repairs will take longer than a single day unless the vehicle is kept in an enclosed garage.

16. Damage: Tenant agrees to pay for repairs of all damage, which they or their guests have caused to the property.

17. Appliances: Although there may be appliances in the dwelling, such as a stove, garbage compactor or disposal,
the use of these appliances is not included in the rent. If Tenants wish to use these appliances, they agree to assume
all responsibility for repair and maintenance.

18. Tenant Inspection: Tenant has inspected the dwelling and its contents and agrees that they are in satisfactory
order, as are the electrical, plumbing and heating systems. Furthermore, Tenant acknowledges the presence of a
working Smoke and Carbon Monoxide Detector in the premises.

19. Notification of Serious Building Problems: Tenant agrees to notify the Landlord immediately upon first
discovering any signs of serious building problems such as a crack in the foundation, a tilting porch, a crack in the
plaster or stucco, moisture in the ceiling, buckling sheetrock or siding, a leaky roof, a spongy floor, a leaky water
heater or termite activity.

20. Pest Control: Pest control is the responsibility of the Tenant.

21. Windows: Tenant agrees to be responsible for any windows, which become cracked or broken in their dwelling
while they live there.

22. Drain Stoppages: As of the date of this Agreement, Landlord warrant that the dwelling’s sewage drains are in
good working order and that they will accept the normal household waste for which they were designed. They will
not accept things such as diapers, sanitary napkins, tampons, children’s toys, wads of toilet paper, and balls of hair,
grease, oil, table scraps, clothing, rags, sand, dirt, rocks or newspapers. Tenant agrees to pay for cleaning the drains
of any and all stoppages.

23. Trash: Tenant agrees to dispose of their ordinary household trash by placing it into a closed receptacle for
periodic collection. They agree to dispose of their extraordinary household trash by hauling it to the dump
themselves or by paying someone else to haul it away.

24. Outside Placement: Landlord further reserves the right to construct property improvements above or below the
ground, anywhere on the premises, so long as they conform to all building codes.

Page 2 of 6 Tenant Initials: __________________

25. Locks/Lockouts: Tenant agrees that they will not change the locks on any door or mailbox without first
obtaining Landlords written permission. Having obtained permission, they agree to pay for changing the locks
themselves and to provide the Landlord with one duplicate key per lock. Should Tenant lock themselves out of their
dwelling and be unable to gain access through their own resources, they may call upon a professional locksmith to
let them in. In either case, the Tenant is responsible for payment of the charges and/or damages involved or
incurred.

26. Maintenance/Repairs: Tenant has inspected the premises and acknowledges that they are in satisfactory
condition and accepts the premises in “as is” condition as suited for the use intended. Tenant shall be responsible for
all repairs, maintenance and damages of this dwelling. The Tenant agrees to keep all the improvements upon the
property including, but not limited to, interior and exterior walls, floors, ceilings, roofs, sewer connections,
plumbing, wiring, appliances and glass in good maintenance and repair at their own expense. The Tenant shall
properly irrigate and care for all trees, shrubbery and lawn. The Tenant shall keep the entire interior and exterior
premises free from all litter, dirt, debris and obstructions. The Landlord will be responsible for repairs covered by
the homeowners insurance. The Tenant will pay the deductible part of any insurance claim. SEE ADDENDUM.

27. Alterations: Tenant agrees not to alter or decorate the dwelling without first obtaining Landlords written
permission. Any improvements made to the property, such as, but not limited to, new carpet, fence, tile, air
conditioning, alarm system must remain with the property if the option to purchase is not exercised.

28. Access: Landlord recognizes that Tenant has a right to privacy and wishes to observe that right scrupulously. At
certain times, however, Landlord, Owners, their employees, or agents may have to gain access to the dwelling for
the purposes of showing it to prospective Tenants, purchasers, lenders or others or for repairs, inspection or
maintenance. Landlord will provide Tenant reasonable notice of twenty-four (24) hours or less than twenty-four
(24) hours with Tenant’s concurrence. In emergencies, there may be no notice.

29. Peace and Quiet: Tenants are entitled to the quiet enjoyment of their own dwelling, and their neighbors are
entitled to the same. Tenant agrees to refrain from making loud noises and disturbances and to keep down the
volume of their music and broadcast programs at all times so as not to disturb other people’s peace and quiet.

30. Telephone: If and when Tenant installs a telephone in their dwelling, they will furnish Landlord with the
number within three (3) calendar days. Landlord agrees to take reasonable precautions to keep it from falling into
the hands of third parties.

31. Business Use: Tenant agrees to use this dwelling as their personal residence. They agree to conduct no business
on the premises without first obtaining Landlords written permission.

32. Lawful Use: Tenant agrees that they will not themselves engage in any illegal activities on the premises nor will
they allow others to engage in any illegal activities on the premises insofar as they have the power to stop such
activities. Tenant agrees that Landlord shall have the authority to allow law enforcement authorities to come on the
premises to inspect for illegal activities/substances.

33. Insurance: Landlord has obtained insurance to cover fire damage to the building itself and liability insurance to
cover certain personal injuries occurring as a result of property defects or Landlord negligence. Landlords’
insurance does NOT cover Tenant’s possessions or Tenant’ negligence. Tenant shall obtain a Tenant insurance
policy to cover damage to or loss of their own possessions. Tenant agrees to show Landlords evidence of such
policy within one month of this Agreement.

34. Insurance Considerations: Tenant agrees that they will do nothing to the premises nor keep anything on the
premises, which will result in an increase in the Landlords’ insurance policy or an endangering of the premises.
Neither will they allow anyone else to do so.

35. Fire or Casualty Damage: Should fire or casualty damage have been caused by Tenant’s own action or neglect,
Tenant shall not be relieved of the responsibility for payment of rent, and shall also bear the full responsibility for
repair of the damage.

Page 3 of 6 Tenant Initials: __________________

36. Service of Process: Every Tenant who signs this Agreement agrees to be the agent of any other Tenant and/or
occupant of this dwelling named on this Lease, and is both authorized and required to accept, on behalf of the other
Tenant and occupants, service of summons and other notices relative to the tenancy.

37. Identity of Manager: The person/company who is responsible for managing this dwelling is: Cross Realty
Property Management

38. Notice of Intention to Vacate: If Tenant has decided to vacate the premises at the end of the lease period,
Tenant will give Landlord written notice of Tenant’s intentions at least thirty (30) days prior to departure and Tenant
will give an exact date when Tenant expects to be moved out completely.

Your move-out notice will not release you from liability for the full term of the Lease Contract or renewal term. You
will still be liable for the entire Lease Contract term if you move out early.

39. Holding Over: If Tenant remains on the premises following the date of their termination, they are “holding
over” and become liable for rental and/or other damages. Rent during a “holding over” period will be double that in
effect prior to the end of the Lease term.

40. Time: Time is of the essence as to all terms in this Lease Agreement.

41. Homeowners Association: Tenant knows that there is no Homeowners Association.

42. Default: The occurrence of EITHER ONE of the following shall constitute a material default and breach of
Contract by Tenant: 1) Any failure by Tenant to pay rent on time, or 2) failure to perform any provisions of this
lease to be performed by Tenant where such a failure continues thirty (30) days after written notice thereof by
Landlord.

43. Event of Default: In the event of any such default by Tenant, then in addition to any other remedies available to
Landlord at law or in equity, Landlord shall have the option to terminate this lease and all rights hereunder by giving
written notice of intention to terminate.

44. Possession: Landlord shall endeavor to deliver possession to Tenant by the July 8, 2009.

45. Invalid Provisions: Any item in this Agreement found to be contrary to any local, state or federal law shall be
considered null and void, just as if it had never appeared in this Agreement, and it shall not affect the validity of any
other item in the Agreement.

46. Non-Waiver: Should either Landlord or Tenant waive their rights to enforce any breach of this Agreement, that
waiver shall be considered temporary and not a continuing waiver of any later breach. Although Landlord may
know when accepting rent that Tenants are violating one or more of this Agreement’s conditions, Landlord, in
accepting the rent, is in no way waiving their rights to enforce the breach. Neither Landlord nor Tenant shall have
waived their rights to enforce any breach unless they agree to a waiver in writing.

47. References in Wording: Plural references made to the parties involved in this Agreement may also be singular,
and single references may be plural. These references may also apply to Landlord’s and Tenant’s heirs, executors,
administrators, assigns or successors, as the case may be.

48. Binding Agreement: The parties to this agreement do hereby agree that this Lease Agreement comprises the
entire lease agreement between them and shall be binding upon the parties, their heirs, executors, administrators,
personal representatives, successors and or assigns.

49. Renewal: The rental period shall be automatically renewed for a successive rental periods of one month, at the
same monthly rent, and on the other terms and conditions set forth in this agreement, unless on or 30 days prior to
the last day of any rental period Tenants gives Landlord written notice of an intention to terminate this agreement, in
which this agreement will terminate as of the last day of that rental period. If on or before 30 days prior to the last
day of any rental period, Landlord gives Tenant written notice that any renewal under this paragraph 49 will be at a
Page 4 of 6 Tenant Initials: __________________
stated monthly rental difference from the monthly rental during rental period then ending, then the renewal shall be
at such stated monthly rental unless, on or before 30 days prior to the last day of the rental period then ending
Tenant gives Landlord the above-described written notice of Tenants intention to terminate this agreement. If tenant
does not comply with all conditions set forth in this paragraph, Tenants security deposit shall automatically be
forfeited and applied to physical damages first and then to legal damages, but such forfeiture shall not be in full
satisfaction of such damages.

50. Modification: Any modification of any portion of this agreement must be made in writing and signed by both
parties.

51. Non-Smoking House: Tenant agrees and is aware that this is a non-smoking house. See Non-Smoking
Addendum for more details.

52. Acknowledgment: The undersigned Tenant hereby acknowledge that Tenant has read this Agreement,
understands it, agrees to it and has been given a copy. Tenant further has been offered an opportunity to seek legal,
tax and technical counsel concerning this contract prior to signing.

53. Other Provisions: See Addendum A

IN WITNESS WHEREOF, this Lease has been executed by the parties on the date set forth beside their respective
signatures:

Landlord

_________________________________________
Justin Cross Date

Tenant

_________________________________________
George Clayton Date

Page 5 of 6 Tenant Initials: __________________

ADDENDUM.A

The addendum is written to address the repairs needed to the home.

The tenant agrees to repair the following by July 30, 2009:

o Repair drywall (ceiling) in living room.

o Replace/Repair glass in side door.
o Replace entry locks.
o Paint as necessary.
o Replace/Repair front entry door.
o Repair master bedroom window (upstairs).
o Clean hardwood floors.

In consideration for the aforementioned, Tthe owner has agreed to reduce the rent for the month of July 2009 and
August 2009. The rent for July and August 2009 will be $325. The tenant agrees to pay July 2009 rent by July 23,
2009 and August 2009 rent by August 5, 2009. If all conditions of this addendum are NOT met, the Landlord has
the right to void this lease and/or contractual agreement.

Both parties agree to the terms and conditions outlined above by signing below.

_________________________________________________ _____________________
Landlord – Justin C. Cross Date

_________________________________________________ _____________________
Tenant Date

Page 6 of 6 Tenant Initials: __________________