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Minutes - Nov. 2, 2015 Reg. Meeting
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Minutes - Nov. 2, 2015 Reg. Meeting
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BK:00027 PG:0940 <br />ASSIGNMENT OF BID <br />THIS ASSIGNMENT is made as of the day of November, 2015, by and between <br />Mary Yow, Lee County, North Carolina Tax Administrator, on behalf of Lee County (hereinafter <br />"Assignor"), which were the high bidder at the tax foreclosure sale of that property owned by <br />Russell Dennis, Jr., PIN 9660-90-0427-00, said sale conducted on August 28, 2015, and KKG, <br />LLC (hereinafter "Assignee"), both of the State of North Carolina. <br />NOW THEREFORE, for and in consideration of the mutual covenants and promises <br />herein contained and other good and valuable consideration, the parties hereto, intending to be <br />legally bound, agree as follows: <br />1. Assignor was the high bidder at the tax foreclosure sale of property owned by <br />Russell Dennis, Jr. which is located at 851 Eagles Nest Drive, PIN parcel 9660-90-0427-00, in <br />Lee County, North Carolina. <br />2. The high bid by Assignor for the above-described parcel was $2,189.52. <br />3. Assignee has requested that Assignor assign its bid of $2,189.52 to Assignee for <br />the purchase of the property. <br />4. Assignor does hereby sell, assign, and transfer to Assignee all of its rights as high <br />bidder. <br />5. Assignee hereby accepts the assignment and does hereby assume all duties and <br />obligations of the Assignor as the high bidder. <br />IN WITNESS WHEREOF, the parties hereto have caused this Assignment to be executed <br />as of the date stated above. <br />Attest: <br />Gaynell M. Lee, Clerk <br />ASSIGNOR: <br />COUNTY OF LEE <br />BY: (SEAL) <br />MARY YOW <br />TAX ADMINISTRATOR FOR LEE COUNTY <br />1 <br />
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