Agenda - 12-01-1980 - Laserfiche WebLink

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'AGENM ATi'ACHMEN7 21 ; ;• ,. ra NORTH CAROLINA .� ORANGE COUNTY LEASE AGREEMENT This agreement and lease made this the first day of October, 1980 between Tarleton and Bonnie Davis of Highway 57, Hillsborough hereinafter called lessor and Orange County, North Carolina hereinafter called tenant. W I T N E S S E T H: I. That lessor hereby leases to tenant that certain tract or parcel of land yin Hillsborough Township Orange County, north Carolina, and more particularly described as follows. BEGINNING at an iron stake in the southwest right of way line of Edwards Street, the Northernmost corner of the ,lames Harding Fuller lot described in Deed recorded in Deed Book 197, Page 66, Orange County Registry; thence along the line of said Fuller lot South 42 degrees 28 feet nest 21.2.1 feet to an iron stake in the center of Old Cornwallis Road, the Westernmost corner of said Fuller lot; thence along the center of said road North 47 degrees 30 feet West to an iron stake, the Southeast corner of the Eddie F, Grady lot i described in Deed recorded in Deed Book 184, Page 602, Orange County Registry; thence along the line of said Grady lot North 18 degrees 30 feet East 183.5 feet to an iron stake in the South right of way line of said Edwards Street, the Northeast corner of said Grady lot; thence along the said right of way line of said Edwards Street in an East-Southeasterly direction to the place or point of beginning. see Deed Book 191, Page 330, Orange County Registry. see also Plat Book 4, Page 126, Orange County Registry. 2. The term of this lease shall be three (3) years beginning October 1, 1980 and ending September 30, 1983. The first year's rent i shall be $250.00 per month, the second year's rent shall be $275.00 per month and the third year's rent shall be $302.50 per month. i Y 1 E t i i