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4. :- 2 <br />i--1,; 1-,; +- n <br />ASSIGNMENT OF RIGHT <br />TO SELL AND TRANSFER OF TITLE <br />Date: <br />Place of Execution: Winston -Sal m <br />VENDOR: Hackney & Sons, Inc. , North Carolina, a <br />corporation organized under the laws of the State of <br />North Carolina. <br />LESSOR: First Wachovia Leasing Corporation, a [corporation <br />organized under the laws of the State of North <br />rth <br />Carolina ]- <br />LESSEE: Orange County, North Carolina, a body politic and <br />corporate existing under the laws of the State of North <br />Carolina. <br />WHEREAS, Vendor, in response to a request for bids made pursuant <br />to the requirements of Article 8 of Chapter 143 of the <br />North Carolina General Statutes by Lessee, has <br />submitted a bid to sell certain equipment, as <br />hereinafter described, to Lessee; and <br />WHEREAS, Lessee wishes to acquire that equipment through a <br />lease- purchase or installment purchase arrangement with <br />Lessor, in accordance with the provisions of Section <br />160A -19 of the North Carolina General Statutes, and has <br />entered into a Master Lease Agreement with Lessor dated <br />August y 19.40, in which this instrument is incorporated <br />by reference; <br />1 <br />