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Attachment 1 2 <br />000K 1579 PAGL 152 <br />Prepared by: <br />and Return to: Geoffrey E. Gledhill, Esquire, P.O. Drawer 1529, Hillsborough, NC 27278 <br />STATE OF NORTH CAROLINA <br />ORANGE COUNTY LEASE <br />9880-00 $527 <br />7. z4.42 AgCr <br />THIS LEASE made and entered into this the Z— day of <br />1995, by and between ORANGE COUNTY, NORTH CAROLINA, <br />ereinafter referred to as "County" and the INTER -FAITH COUNCIL FOR <br />SOCIAL SERVICE, INC., hereinafter referred to as 11IFC11; <br />WITNESSETH <br />County hereby agrees to lease the property described <br />below to IFC upon the following terms and conditions: <br />1. The Property: The property herein leased is a tract and <br />parcel of land, together with all improvements located thereon, <br />hereafter "the premises" or "the leased premises," located in <br />Chapel Hill Township, Orange County, North Carolina and more <br />particularly described as follows: <br />that certain tract and parcel of land located in the Town of <br />Chapel Hill, Orange County, North Carolina identified as 3.497 <br />acres of "gross land area" and containing 3.000 acres of "net <br />land area" on the Ballentine & Riley Surveyors plat of survey <br />titled "Lease Boundary Survey for Project Homestart, Property <br />of Orange County, Chapel Hill Township, Orange County, N.C.," <br />which plat is recorded at Plat Book :72� , Page of the <br />Orange County Registry. The leased premises is su sect to the <br />utility and right of way easements, existing and proposed, <br />shown on the recorded plat referred to here and such other <br />easements, utility and otherwise, as exist of record and <br />prescriptively. <br />2. The Lease. The Lease will commence on July 1, 1995 and <br />unless sooner terminated as herein provided shall exist and <br />continue for a term of twenty -five (25) years thereafter. <br />3. Rental. The rental for the use of said premises shall be <br />the sum of ONE DOLLAR ($1.00) per year, payable on or before each <br />1 <br />