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Fl 11 <br /> 1O2 <br /> " "- 501 <br /> NORTH CAROLINA <br /> LEASE <br /> ORANGE COUNTY eITCD1 -"-41 - 1031 <br /> • <br /> z This lease agreement entered into this 21st day of <br /> E .4 December , 1987 by and between John Thomas Walker and wife , <br /> O 0 <br /> e.) 0 <br /> )4 Martha Latta Walker , of Cedar Grove Township, Orange County, <br /> >10 <br /> g m North Carolina, hereinafter referred to as Lessor and Orange <br /> O -I <br /> U 'd County , North Carolina , 106 Margaret Lane , Hillsborough , <br /> g North Carolina 27278 , hereinafter referred to as Lessee , <br /> 2 2 <br /> WITNESSET H: <br /> w a) Lessor hereby agrees to lease the property <br /> A-) m <br /> >im <br /> e described below to Lessee upon the following terms and <br /> m 0 <br /> conditions : <br /> • <br /> )-irt4 <br /> 1 . The Property. The property herein leased is a <br /> > Lc) <br /> tract and parcel of land , together with all improvements <br /> 0 <br /> located thereon , located in Cedar Grove Township , Orange <br /> 0 <br /> County, North Carolina and more particularly described as <br /> follows: <br /> rd Beginning at a "pipe found control corner" in the Southern <br /> right of way of N .C . State Road 1001 (Walnut Grove Church <br /> Road ) , thence from said pipe N 15 deg . 14 ' 18" W 32 .85 feet <br /> w to a nail in the centerline of said road , thence along the <br /> centerline of said road S 58 deg. 28 ' 40" W 80 .32 feet to a <br /> nail , thence from said nail continuing along the centerline <br /> of said road S 57 deg . 16 ' 20" W 52 .68 feet to a nail , thence <br /> from said nail continuing along said road S 54 deg . 56 ' 45" W <br /> 27 . 13 feet to a nail , thence from said nail continuing along <br /> said road S 54 deg . 39 ' 18" W 14 .55 feet to a nail , thence <br /> from said nail S 22 deg . 51 ' 04" E 441 .50 feet to an iron <br /> 1 <br /> CLI ' placed on the line between Walker and Kennedy, continuing <br /> 0 n : <br /> along the line of said properties S 80 deg. 23 ' 50" E 22 .01 <br /> feet to a pipe , a southwest corner of Lewis and Fae Crabtree, <br /> thence with the west line of Crabtree from said pipe N 15 deg <br /> UJ L'E-f 14 ' 18" W 474 .76 feet to the point and place of beginning, <br /> 1 <br />