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PREPARED BY: GEOFFREY GLEDHILL, ATTORNEY <br /> norm TO: COUNTY MANAGER'S OFFICE <br /> NORTH CAROLINA <br /> • LEASE <br /> ORANGE COUNTY <br /> • This lease agreement entered into this 13th day of <br /> March , 1986 by and between William G. Freeland and wife, <br /> Annie D. Freeland, of HILT.SPOROUGH <br /> Orange County, North Carolina, hereinafter referred to as <br /> Lessor and Orange County, North Carolina, 106 Margaret Lane, <br /> Hillsborough, North Carolina 27278, hereinafter referred to <br /> as Lessee, <br /> WITNESSETH: <br /> Lessor hereby agrees to lease the property <br /> described below to Lessee upon the following terms and <br /> conditions: <br /> 1. The Property. The property herein leased is a <br /> tract nd parcel of land, together with all improvements <br /> located thereon, located in Hillsborough Township, Orange <br /> County, North Carolina and more particularly described as <br /> followsi <br /> 1 <br /> Beginning at an iron (control corner) in the West line of <br /> N.C. Highway 57 and a new corner of William G. and Annie D. <br /> Freeland; thence with the West line of N.C. Highway 57 North <br /> 20 deg.1 00' 00" East 210 feet to a nail; thence new lines <br /> with said Freelands North 70 deg. 00' 00" West 207.43 feet to <br /> a stake in Strowd's Creek (through an iron witness on bank) <br /> and South 20 deg. 00' 00" West 210 feet to an iron and South <br /> 70 deg. 00' 00" East 207.43 feet to the point and place of <br /> beginning, containing 1.00 acre, and being Lot 1 according to <br /> • plat and survey of Alexander T. Davison, R.L.S . , dated <br /> January 121 1986 and entitled, "Property of William G. and <br /> • Annie D. Freeland." <br /> 1 <br /> , - <br />