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- : Vc <br /> " <br /> _ Ira <br /> 71)40 <br /> 0 <br /> • NORTH CAROLINA <br /> a) • <br /> LEASE <br /> 0 ORANGE COUNTY <br /> • 933&- en- )C177 <br /> 111 2.19-44 <br /> 0 fn This lease agreement entered into this 21st day of <br /> O• 0 <br /> December , 1987 by and between Victor Carl Walters , Jr. and <br /> >40 <br /> O m wife , Elizabeth T . Walters , of Cheeks Township , Orange <br /> H <br /> O ,1 <br /> U "-1 County, North Carolina , hereinafter referred to as Lessor and <br /> ty) <br /> g w Orange County , North Carolina , 106 Margaret Lane , <br /> M <br /> H M <br /> O 1-4 Hillsborough, North Carolina 27278 , hereinafter referred to <br /> •- -P <br /> A (4) as Lessee, <br /> 4J ( <br /> ›.10) <br /> P WITNESSET H: <br /> rd <br /> ›.1 Lessor hereby agrees to lease the property <br /> ei • <br /> PI <br /> k.c) described below to Lessee upon the following terms and <br /> c• <br /> conditions : <br /> 0 <br /> 4-) 1, The Property. The property herein leased is a <br /> O• tract and parcel of land , together with all improvements <br /> 4-) <br /> • located thereon, located in Cheeks Township, Orange Counity, <br /> • North Carolina and more particularly described as follows: <br /> rd <br /> w <br /> p <br /> • Beginning at a spike placed S 84 deg. 00 ' 57" W 38 .05 feet <br /> • from an iron ( control corner ) , which spike is on the <br /> a centerline of N .C . State Road 1340 , thence along the <br /> centerline of said road N 49 deg . 44 ' 02" W 242 . 16 feet to a <br /> spike , thence from said spike along the centerline of said <br /> road N 46 deg. 14 ' 41" W 236 .64 feet to a spike . Thence from <br /> co <br /> CD said spike S 22 deg . 58 ' 22 " W 244 . 67 feet to an iron , a <br /> common corner of Church and Walters , thence from said iron S <br /> r) <br /> 10 deg. 32 ' 08" E 141 .88 feet to an iron on a North line of <br /> Leroy Bradshaw, thence from said iron along Bradshaw' s North <br /> line N 84 deg . 00 ' 57" E 427 .59 feet to the point and place <br /> of beginning , containing 1 .925 acres more or less, according <br /> to plat and survey of Alexander T. Davison, R.L.S. , dated <br /> January 16 , 1986 and entitled "Property of Victor Carl, Jr. <br /> and Elizabeth T. Walters , " which plat is recorded at Book <br /> 47 , Page 158 , Orange County Registry. <br /> 1 <br />