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TRANSFER OF LANDLORD'S INTEREST <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 8 .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 party <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 NORTII CAROLINA ASSOCIATION OF REALTORS© MAKES NO <br />REPRESENTATIONS CONCERNING THE LEGAL SUFFICIENCY, LEGAL EFFECT OR TAX CONSEQUENCES OP 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~mpany <br />(Nam o rrn <br />`°:;;'~ \ (SEAL) <br />(SEAL) By: <br />t ~` ~ ''~ J <br />Title: ~`:~ ~ <br />TENANT: <br />Individual Business Entity <br />(SEAL) Counter range <br />(Na~~ of I%7r ~) <br />Z <br />(SEAL) By: C'~ .., J (SEAL) <br />Barxy .l2sofis <br />C <_. ~-- <br />Title: ~ ~' Chairperson <br />~'~ <br />Page 8 of 8 <br />STANDARD FORM 590-T <br />© 7/2002 <br />Thl, form pmducred by FO-TI)Il/~3YOl'~FOtms Solhva~e 8a0-366-1027 <br />