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<br />i~~:hbit D
<br />~hiS,Yns:t:um~nt Pren;ar~d By:
<br />L. Ph.l.xp McCZendori, ~squ:re
<br />Georgi.tt-~?aca:fic Gorgo,ration.
<br />133 Peacht:=ee Stree~.; N.E.
<br />Atlanta, Georgia 3:0303
<br />:LEASE AS~TSz-N~NT AtI}~Au~~t1~1PTTQN AGREE.t'~SENT
<br />This Lease Ass%gnment and Assumption Agreement made this
<br />4th day o£ January, 1.988, between U.5. Plywopd Corporation; .a
<br />De}_aware corporation ("Assignor"~'and.Geo.rgia-Pacific Corporation,
<br />a Georgia corpora~.ian ("Assignee").
<br />• W Z ''T N E' S :E. T H
<br />WHEREAS, in a lease dated Clctobe;r ~., 1972, reed=ded in
<br />.Book 23:$, Pa:g'e 20:07, Orange .County' Registry ("arigin.al Lease
<br />Agreement"}, The Industrial Development Corporation in the Caun~y
<br />of Orenge,. Ncirth Carolina leased certain land, bua.lrlings,
<br />machinery and equipment to Valley Forge Carpora~zon, a Georgia
<br />cvrporator~ ("VE"~ .
<br />WHEF2EAS, in, an unre.eo'ri3ed Assignment of Lease, dated
<br />October 2d, •.1973:, VP' assigneel all. :ts .righ:~, title and interest in
<br />the C>rigina3. Iieas'e' Ag=esment to Lesc'ington HotriPs , 2nc . { "L:" }
<br />W:-a~RE.AS, the~.{>rig:in,al_ Lease Agreement .kas amended by a:
<br />rirs.t .Supp7:einental ;Lease, Agreeanei~~, reca:r.ded in 3oo3t 255, ?age.
<br />1487, Orange County Registry arzd Second Suop.ler:~e~,t2.1 Lease
<br />Agreement. filiich included an assignment;. of the le°ase,. as amended,
<br />£.xori L.'~ anal YE to ` Champion Internatzonal Corna.ra 4on, reeoY.ded i:n
<br />Book 258, :Page: 1:8:65. Orange County::Regstzy (S+ilich he~eina~terr
<br />the Ora:.ginal .Lease Agreement and al:l amendz~~nts thereto are
<br />col:lec~vely refer`r;ed to as the ',Lease" } ; and.
<br />Wr~R~AS, i:n an .Assgnrnen4 0£ Lease; dated; August 28, 1965
<br />and recorded in Book 53Z`, Page 228,. Qrange CDUrity 2e,gistry,,
<br />Cha~ipion. Internatoxial Carpor'ation ans3 Champion. Warehacise
<br />• Properties, Znc, assigned all its right, title and interest in the.
<br />Lease to ~issignor. _ .
<br />W~iEiZ£A$;., LT. .S'. PLYWOt}D ~QRPOR.r'~:TION, Assignor herein ha s
<br />adoQted• a Plazi of Cvrng7:ete Liquidation, has ~a..led a statement of
<br />i:xi~ent to dissolve with the Secre_tary.of .State of Del-aware, and is
<br />i.n` the pro'cess.. of wi..i~d~:n.g up its busiae:ss and. af~a.i'rs;
<br />WHEREAg, Assignor is ~ wholly-o;aned subsidiary or
<br />G.^C}RGTA-=PACIF`SC• CQi2PflI?AT:IC7N, Assignee.; ani3
<br />W:-FER...AS, T'fie parties •d?sire to ?,iquidate and Fore°ver
<br />c~..sconti.nise Elie e~i:stence oL Assignor as a se:aerat.e en~it~- and to
<br />n1.acP the assets now st'anffing i.n the. nary= aE' tae: P:s's.:g:ct a:nto the
<br />na:r.Q o`_. the Assign.ae.
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