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E:(FIB IT d 20 <br /> C <br /> T.BO�tTB CJ►ROLINA XEMORANDuX OF AGYB'MG T <br /> TO COHOST LAID <br /> " Owums <br /> q1 n •-3 <br /> n <br /> r <br /> r r7 <br /> S )OD402ANDOX OF A&R ZKM TO CONOSY 1-UM (the "Memorandum") is made X X <br /> en as of , 1994 by and between ORANGE COUSIY C0K4UVITY <br /> [,,Ib O,RPOHATIOV, a nonprofit corporation duly incorporated under the > <br /> e State of North Carolina ("Seller"), and the COUNTY OF ORANGE, to--y <br /> IBA, a body politic and corporate existing under North Carolina haser"); r-y NITNESSETH: <br /> td a AS, Seller and Purchaser have entered into a Facilities/Services o <br /> t dated as of 1994, (the "Agreement") wherein Seller o <br /> tg7leed, among other things, to sell and convey to Purchaser, and Ca <br /> r has agreed to purchase and accept conveyance of that tract of 0 Orange County, North Carolina, more particularly described on attached hereto and incorporated herein by reference (the <br /> ,y rty11); and, Seller and Purchaser desire that the Memorandum be 2 <br /> arded in the Orange County, North Carolina Public Registry; K r <br /> M <br /> .i�BOFf, TSBREFORE, 13WW ALL MM( BY THESE PRESENTS, that Seller, in <br /> uideration of the mutual covenants and promises contained in the <br /> :eement .and for other good and valuable considerations, receipt of which <br /> hereby acknowledged, hereby grants unto Purchaser the right to purchase k <br /> `Property pursuant to the terms of the Agreement. The right to purchase 'b <br /> Property and the obligation to sell and convey the Property pursuant to t7 <br /> 'Agreement shall not expire until the date provided in the Agreement 0 <br /> ch is after , but which date shall be no later than <br /> aty-one (21) years after the date of the death of the last surviving n <br /> ear descendant now living of Donald P. Ubell, Ashley L. Hogewood, Jr. H <br /> :Charles B. Lee, Jr., all of Mecklenburg County, North Carolina. <br /> MK <br /> i Iff WITNESS ►7HEREOF, the undersigned have caused this Memorandum to be :. <br /> ;executed and the seals affixed hereto on this day <br /> H <br /> 1994. V <br /> RR: PURCHASER: Ce <br /> tv <br /> COm= COIQNITT COIIHTY OF ORANGE, NOMM <br /> ?ITY CORPOR&TIOY CAROLI3TA <br /> ty <br /> By: <br /> President Chairman, Board of <br /> County Commissioners x <br /> T' ATTEST: <br /> By: <br /> Secretary Clerk <br /> (CORPORATE SEAL) (COUNTY SEAL] <br />