TITLE: SCE&G will convey title by limited warranty deed, subject to all existing reservations, encroachments covenants, restrictions, easements, rights-<strong>of</strong>-way, zoning, governmental regulations, l<strong>and</strong> use regulations, <strong>and</strong> o<strong>the</strong>r matters <strong>of</strong> record or as shown on a current plat <strong>of</strong> <strong>the</strong> Property <strong>and</strong> o<strong>the</strong>r plats <strong>of</strong> record, or conditions which may be revealed by a visual inspection <strong>of</strong> <strong>the</strong> Property. NO WARRANTY: SCE&G has not made, does not make <strong>and</strong> specifically negates <strong>and</strong> disclaims any representations, warranties, promises, covenants, agreements or guaranties <strong>of</strong> any kind or character whatsoever, whe<strong>the</strong>r express or implied, oral or written, past, present or future, <strong>of</strong>, as to, concerning or with respect to (a) <strong>the</strong> value, nature, quality or condition <strong>of</strong> <strong>the</strong> Property, including, without limitation, <strong>the</strong> water, soil <strong>and</strong> geology; (b) <strong>the</strong> suitability <strong>of</strong> <strong>the</strong> Property for any <strong>and</strong> all activities <strong>and</strong> uses which grantee or anyone else may conduct <strong>the</strong>reon; (c) <strong>the</strong> compliance <strong>of</strong> or by <strong>the</strong> Property or its operation with any laws, rules, ordinances or regulations <strong>of</strong> any applicable governmental authority or body; (d) <strong>the</strong> habitability, merchantability, marketability, pr<strong>of</strong>itability or fitness for a particular purpose <strong>of</strong> <strong>the</strong> Property; or (e) any o<strong>the</strong>r matter with respect to <strong>the</strong> Property, <strong>and</strong> specifically, that SCE&G has not made, does not make <strong>and</strong> specifically disclaims any representations regarding compliance <strong>of</strong> <strong>the</strong> Property with any environmental protection, pollution or l<strong>and</strong> use laws, rules, regulations orders or requirements, including solid waste, or <strong>the</strong> disposal, removal or existence, adjacent, near, in or on <strong>the</strong> Property, <strong>of</strong> any hazardous substance. Any conveyance <strong>of</strong> <strong>the</strong> Property is made on an "as-is" condition <strong>and</strong> basis with all faults. The successful bidder will be required to release <strong>and</strong> holds SCE&G <strong>and</strong> its successors <strong>and</strong> assigns harmless from any responsibility or obligations with respect to compliance <strong>of</strong> <strong>the</strong> Property with any environmental laws or <strong>the</strong> disposal or existence, adjacent, near, in or on <strong>the</strong> Property, <strong>of</strong> any hazardous substance. UTILITY TAP FEES: All tap fees will be paid by <strong>the</strong> Buyer. STREET LIGHTS: Monthly billing for street lights will be billed to <strong>the</strong> Buyer on a prorated basis beginning on <strong>the</strong> date <strong>of</strong> closing. SHORELINE PERMITS: Shoreline permits must be obtained by <strong>the</strong> Buyer <strong>and</strong> are contingent upon compliance with <strong>the</strong> Lake Murray Shoreline Management Program (“SMP”). Tentative approval for individual docks on Lots 1, 2, 4, 5, 6, 8, 9 <strong>and</strong> 10 has been obtained from <strong>the</strong> SCE&G Lake Management Department. Lot 11 will not qualify for an individual dock permit. Specific siting <strong>and</strong> type <strong>of</strong> dock applicable to each Lot must be obtained by each Buyer through <strong>the</strong> SCE&G Lake Management Department. SCE&G will retain fee ownership <strong>of</strong> an area 75 feet from <strong>the</strong> high pool elevation along <strong>the</strong> Lake Murray shoreline as a Vegetative Buffer Zone. The vegetation within this Buffer Zone may be maintained in its present condition as provided for in <strong>the</strong> SMP. No permanent structures with <strong>the</strong> exception <strong>of</strong> permitted docks may be built within <strong>the</strong> Vegetative Buffer Zone without <strong>the</strong> express permission <strong>of</strong> SCE&G. REGATTA SUBDIVISION AMENITIES: The owners <strong>of</strong> all Lots within <strong>Regatta</strong> <strong>Phase</strong> <strong>III</strong> shall become members <strong>of</strong> <strong>the</strong> <strong>Regatta</strong> Homeowner’s Association, shall be responsible for payment <strong>of</strong> all dues <strong>and</strong> assessments associated with such membership, <strong>and</strong> shall enjoy <strong>the</strong> benefits associated with said membership. These Lots are subject to <strong>the</strong> rules <strong>and</strong> regulations <strong>of</strong> <strong>the</strong> Association <strong>and</strong> <strong>the</strong> Declaration <strong>of</strong> Covenants <strong>and</strong> Restrictions for <strong>Regatta</strong> Subdivision as amended. See copies <strong>of</strong> <strong>the</strong>se documents on l<strong>and</strong>.scana.com. BROKERAGE FEE: Buyer shall be responsible for payment <strong>of</strong> <strong>the</strong> fees <strong>of</strong> any brokerage or o<strong>the</strong>r real estate advisor or attorney that he/she/it has engaged in association with this transaction. BUYER MUST VERIFY: All information provided herein is believed to be correct but should be verified by <strong>Bid</strong>der. Personal on-site inspection <strong>of</strong> <strong>the</strong> Property is recommended prior to submission <strong>of</strong> a <strong>Bid</strong>. The failure <strong>of</strong> any <strong>Bid</strong>der to inspect or to be fully informed as to <strong>the</strong> Property will not constitute grounds for any claim or dem<strong>and</strong> for adjustment or withdrawal <strong>of</strong> bid, <strong>of</strong>fer or Earnest Money deposit after its opening tender. CONTACT: SCANA Corporation Real Estate Department (D112) 220 Operation Way Cayce, SC 29033-3701 (803)217-9171 www.l<strong>and</strong>.scana.com
BID AMOUNT: BID SHEET-- Please Print Clearly <strong>Regatta</strong> <strong>Phase</strong> <strong>III</strong> Columbia, Lexington County, South Carolina DATE: MUST BE RECEIVED BY THE DAVIS LAW FIRM BY 11:00 AM ON WEDNESDAY, SEPTEMBER 21, 2011 LOT NUMBER(S): _____________________________________________________ <strong>Bid</strong>der’s Name: Title relative to Buyer Entity (if applicable): ________________________________ <strong>Bid</strong>der’s Signature: Agreement information on <strong>Bid</strong> opening date: Buyer’s Name: Address: City, State, Zip Code: Phone Number(s): Home: Mobile: Work: O<strong>the</strong>r: Email Address: Comments: To place a <strong>Bid</strong>, return this form to: John F. Fisher, Esq. The Davis Law Firm, LLC 140 Main Street Lexington, SC 29071 OR P. O. Box 489 Lexington, SC 29072 803-951-7427