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• ■ 4 $' I <br /> • <br /> eoco:702 PAcF_ 592 <br /> containing 1 .000 acres more or less , according to the plat <br /> and survey of Alexander T. Davison, R.L.S. , dated January 16 , <br /> 1986 and entitled "Property of John Thomas and Martha Latta <br /> Walker, " which plat is recorded at Book 47 , Page 157 , <br /> Orange County Registry. <br /> This is the same property conveyed to Lessor from Mary Susan <br /> R. Gattis and husband , Samuel M. Gattis by deed recorded at <br /> Book 592 , Page 117 of the Orange County Registry. <br /> 2 . The Lease . The lease will commence <br /> December 21st , 1987 and terminate December 21st <br /> 1992 . Lessor or Lessee , however, may terminate this lease <br /> upon giving ninety (90 ) days written notice to the other . <br /> Lessee shall pay Lessor rent in the amount of Fifty Dollars <br /> ( $50 .00 ) per month for each and every month of the term of <br /> this lease , payable on or before the 5th of each month of <br /> the lease term. <br /> 3 . Improvements and Maintenance. Lessee shall <br /> have the right to make any and all improvements , temporary or <br /> permanent , to the premises as deemed necessary and desirable <br /> by Lessee for its use of the premises . It is anticipated <br /> that Lessee will use the premises for solid waste <br /> "dumpsters . " It is further intended that the premises will <br /> accommodate and be used for at least twenty-five ( 25 ) <br /> "dumpsters . " Lessee agrees to fence the dumpster site and <br /> leave and provide a buffer strip of vegetation in its natural <br /> state of at least eight ( 8 ) feet in width along Walnut Grove <br /> Church Road, also known as N .C.S.R. 1001 . All improvements <br /> made to the premises shall be made at the expense of Lessee. <br /> All such improvements which are made to the premises which <br /> 2 <br />