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<br /> tity other than the State of North Carolina and/or the North
<br /> Carolina Department of Transportation until it has duly posted
<br /> with County the letter of credit described in clause 2. above.
<br /> 4. County shall not issue any building permits for any
<br /> of those certain lots in Sections Four, Five, Six and Seven,
<br /> SEDGEFIELD SUBDIVISION until Corporation has duly posted with
<br /> County the letter of credit described in clause 2. above.
<br /> 5. The parties hereto do hereby agree and covenant that
<br /> this contract shall be binding upon and inure to the benefit of
<br /> the parties hereto, their assigns and successors and shall run
<br /> with the land described as Sections Four, Five, Six and Seven,
<br /> t
<br /> SEDGEFIELD SUBDIVISION.
<br /> IN WITNESS WHEREOF, Orange County has caused this in- .
<br /> strument to be executed by the Chairman and Clerk of the Board
<br /> of County Commissioners and the County Administrator and its
<br /> seal to be hereunto affixed, and GOFORTH PROPERTIES, INC. has
<br /> caused this instrument to be executed in its corporate name by
<br /> its duly authorized officers and its corporate seal hereunto
<br /> affixed, by order of its Board of Directors, all on the day and
<br /> year first above written.
<br /> GOFORTH PROPERTIES, INC.
<br /> 1
<br /> BY: .., , . ...--4adr../At ...r.
<br /> Presidrnt'.
<br /> /
<br /> ATTEST: ,,glip , 1.,y.1 V t/.,4,.
<br /> ..0` VVIOPP/Poo.
<br /> %* 441"
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<br /> . ..,, , .. .-,„:- ';',,,; ., „..:_
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<br /> 1'1,8.,,fino,-.` ORANGE COUNTY'
<br /> ATTEST:
<br /> ‘ 43C By: 7,e 1.---rtc....- ve.....- - . .--/
<br /> .g'..-.0101116 . _idits4 CHAIRMAN OF THE BOARD OF
<br /> I COUNTY COMMISSIONERS
<br /> Paulette Pridgen-'ond, Clerk
<br /> Orange County Board of Commissioners
<br /> 449CITTE,14 GOOWS LtlAn0
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<br /> AT LAW
<br /> PITT c•IFIcr OnnWIS!cr.
<br /> L w•CL WILL,4011114 CA110tINA
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