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; STATE OF NORTH CAROLINA <br /> E' <br /> !;COUNTY CF ORANGE <br /> i� <br /> it R E L E A S E <br /> Ii <br /> I� THIS RELEASE, rude and entered into this _ day of June, <br /> H1977 , by and between ORANGE COUNTY, a political. subdivision of the <br /> i� <br /> ,tState of North Carolina, hereinafter referred to as the "County" , <br /> it <br /> and NCNB MORTGAGE CORPORATION, a corporation organized under the <br /> Illaws of the State of North Carolina, successors to Lexington HomeE <br /> !Inc. , and hereinafter referred to as "NCNB Mortgage"; <br /> W I T N E S S E T H: <br /> i WHEREAS, the County and Lexington Homes , Incorporated, a <br /> i <br /> !corporation organized under the laws of the State of Delaware, <br /> i <br /> and auth rized to do business an North Carolina, hereinafter <br /> li <br /> ;referred to as "Lexington" , entered into an Agreement, dated <br /> r. <br /> 116 March 1976 and recorded in Book 261, Page 1878 , orange County <br /> I <br /> iRegistry, governing the paving of streets and development of <br /> :Sections 2, 3 and 4 of ROBIN' S WOOD SUBDIVISION. <br /> !I WHEREAS, in said Agreement, Lexington for itself, its <br /> t <br /> �!assigns and successors in title covenanted and agreed that none <br /> i1of the I is covered by said Agreement might be sold, encumbered, <br /> I <br />