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TRANSFER OF LANDLORD'S INTEREST U L L ? U Ll // <br />37. In the event of the sale, assignment or transfer by Landlord of its interest in the Premises or in this Lease (other than a collateral <br />assignment to secure a debt of Landlord) to a successor in interest who expressly assumes the obligations of Landlord under this <br />Lease, Landlord shall thereupon be released and discharged from all its covenants and obligations under this Lease, except those <br />obligations that have accrued prior to such sale, assignment or transfer; and Tenant agrees to look solely to the successor in interest of <br />Landlord for the performance of those covenants accruing after such sale, assignment or transfer. Landlord's assignment of this Lease, <br />or of any or all of its rights in this Lease, shall not affect Tenant's obligations hereunder, and Tenant shall attorn and look to the <br />assignee as Landlord, provided Tenant has first received written notice of the assignment of Landlord's interest. <br />SPECIAL STIPULATIONS <br />38. Any special stipulations are set forth in the attached Exhibit B Insofar as said Special Stipulations <br />conflict with any of the foregoing provisions, said Special Stipulations shall control. <br />MEMORANDUM OF LEASE <br />39. Upon request by either Landlord or Tenant, the parties hereto shall execute a short form lease (Memorandum of Lease) in <br />recordable form, setting forth such provisions hereof (other than the amount of Base Monthly Rent and other sums due) as either patty <br />may wish to incorporate. The cost of recording such memorandum of lease shall be borne by the party requesting execution of same. <br />THIS DOCUMENT IS A LEGAL DOCUMENT. EXECUTION OF THIS DOCUMENT HAS LEGAL CONSEQUENCES THAT <br />COULD BE ENFORCEABLE IN A COURT OF LAW. THE NORTH CAROLINA ASSOCIATION OF REALTORS@ MAKES NO <br />REPRESENTATIONS CONCERNING THE LEGAL SUFFICIENCY, LEGAL EFFECT OR TAX CONSEQUENCES OF THIS <br />DOCUMENT OR THE TRANSACTION TO WHICH IT RELATES AND RECOMMENDS THAT YOU CONSULT YOUR <br />ATTORNEY.. <br />IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals, the date and year first above written. <br />LANDLORD: <br />Individual Business Entity <br />(SEAL) Efland Leasin m an <br />(Namaa irn <br />(SEAL) By: ".' (SEAL) <br />Title: \\.1 Jy <br />TENANT: <br />Individual Business Entity <br />(SEAL) County ran e <br />(Na7 of n) n) <br />(SEAL) By: .. `? (SEAL) <br />Barry Acbbs <br />Title: / Chairperson <br />Page 8 of 8 <br />STANDARD FORM 590-T <br />© 7/2002 <br />This loan pmduced by FMMUIOtUeFmns So(Iwam 800-3361027