Orange County NC Website
Exhibit D <br /> This Instrument Prepared By: <br /> L. Philip McClendon, Esquire <br /> Georgia-Pacific Corporation <br /> 133 Peachtree: Street, N.E. <br /> Atlanta, Georgia 30303 <br /> +1 <br /> LEASE SSIQNMRNT ANn ASSUMPTION AGREE ,-NT <br /> LEASE L <br /> This Lease Assignment and Assumption Agreement made this <br /> 4th day of January, 1988, between U.S. Plywood Corporation, a <br /> Delaware corporation ("Assignor") and Georgia-Pacific Corporation, <br /> a Georgia corporation ("Assignee"). <br /> W I T N E S S E T H <br /> WHEREAS, in a lease dated October 1, 1972, recorded in <br /> Book 238, Page 2007, orange County Registry ("Original Lease <br /> Agreement") , The Industrial Development Corporation in the County <br /> of Orange, North Carolina leased certain land, buildings, <br /> machinery and equipment to Valley Forge Corporation, a Georgia <br /> corporation ("VF") ; <br /> WHEREAS, in. an unrecorded Assignment of Lease, dated <br /> October 24, 1973, VF assigned all its right, title and interest in <br /> the Original Lease Agreement to Lexington Homes, Inc. ("LH") ; <br /> WHEREAS, the -original Lease Agreement was amended by a <br /> First Supplemental Lease Agreement, recorded in Bock 255, Page <br /> 1087, Orange County Registry and Second Supplemental Lease <br /> Agreement which included an assignment; of the lease:, as amended, <br /> from LH and VF to Champion International Corporation, recorded in <br /> Book 258, Page 1865, Orange County. Registry (which hereinafter, <br /> the Original Lease Agreement and all amendments thereto are <br /> collectively referred to as the 'Lease") ; and <br /> WHEREAS, in an Assignment of Lease, dated August 28, 1985 <br /> and recorded in Book 537, Page 228, Orange County registry, <br /> Champion International Corporation and Champion Warehouse <br /> Properties, Inc. assigned all its right, title and interest in the <br /> Lease to Assignor. <br /> WHEREAS, U. S. PLYWOOD CORPORATION, Assignor herein has <br /> adopted a Plan of Complete Liquidation, has filed a statement of <br /> intent to dissolve with the Secretary of State of Delaware, and is <br /> in' the process of winding up its business and affairs; <br /> WHEREAS, Assignor is a wholly-owned subsidiary of <br /> GEORGIA=PACIFIC• CORPORATION, Assignee; and <br /> WHEREAS; The parties desire to liquidate and forever <br /> discontinue the existence of Assignor as a separate entity and to <br /> olace the assets now standing in the name of the kssignor into the <br /> name of the Assignee. <br />