Agenda - 07-03-1985 - Laserfiche WebLink

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W ,-, NORTH CAROLINA LEASE/PURCHASE CONTRACT ORANGE COUNTY • This lease agreement entered into this the day of , 1985 by and between Carr 's Supermarket, , . Inc. , of Orange County, North Carolina, hereinafter referred :-. to as Lessor and Orange County, North Carolina, hereinafter , • referred to as Lessee, 0, , 5 ,..„, WITNESSET H: v fz Lessor hereby agrees to lease and sell the property c 1 i w described below to Lessee upon the following terms and 4:. conditions: i'l 4 .P, g 1. The Property. The property herein leased and § to be sold is a tract and parcel of land, together with all . 7 improvements located thereon, located in Hillsborough, Orange . . ■ ;4 g County, North Carolina and more particularly described as E follows: 3 g, BEGINNING at a concrete monument, the Southeast corner of the x i A. W. Kenion estate, which said marker is located North 5 8 deg. 44 min. East 75.85 feet from an iron stake on the North • side- of U. S. Highway No. 70, the Northeast corner of Paul Collins, running thence from said beginning point with the line of Kenion North 5 deg. 44 min. East 300.20 feet to a concrete monument; thence continuing with Kenion North 43 deg. 13 min. East 334.72 feet to an iron stake in the center of the old Cedar Grove-Hillsborough Road; thence along the center of said Road South 22 deg. 20 min. East 229.15 feet to an iron stake, the Northeast corner of the 011ie Cooper lot; thence with Cooper South 67 deg. 40 min. West 128 feet to an iron stake; thence with Cooper South 8 deg. 57 min. East 97. 7 • 1 feet to an iron stake; thence continuing with Cooper North 67 deg. 40 min. East 150 feet to an iron sake in the center of the old Cedar Grove-Hillsborough Road, thence with the center of said Road South 22 deg. 20 min. East-280-feet to an iron stake in the Northeast corner of W. John Clayton; thence with Clayton, Hall and Hogan North 87 deg. 42 min. West 1 • 1