LOAN PURCHASE AGREEMENTLoan Purchase Agreement • January 24th, 2013 • First Bancorp /Nc/ • State commercial banks • North Carolina
THIS LOAN PURCHASE AGREEMENT, is made and entered into as of January 23, 2013, (hereinafter referred to as the “Agreement”), by and between FIRST BANK, a North Carolina chartered banking corporation, as seller (hereinafter referred to as “Seller” or the “Bank”), and VIOLET PORTFOLIO, LLC, a Delaware limited liability company, as buyer (hereinafter referred to as “Buyer”).
