Laserfiche WebLink
MOK <br />E <br />_ 335 L <br />10 t~ <br />. Dept. <br />. <br />ee <br />North Carolina <br />orm LMD 1 <br />County <br />State <br />RE- <br />24806 <br />® <br />CB- <br />SCL 23818 <br />THIS SUPPLEMENTAL AGREEMENT, <br />Made and entered into this 17th day of November <br />1981 , by and between the S=E-ABOARD COA <br />ST LINE RAILROAD COMPANY, a Virginia <br />corporation, <br />hereinafter referrer' to as Lessor, and <br />LEE COUNTY, a municipal corporation <br />under the <br />laws of the State of North Carolina <br />hereinafter referred to as Lessee, WITNESSETH: r <br />*JEREAS, by an agreement dated February 4, 1976 (including any supplement <br />thereto or assignment thereof) between the parties hereto, the Lessor demises and leases <br />unto Lessee certain property owned by Lessor at or near Sanford, North Carolina <br />as particularly described in said agreement to which reference is hereby made; and <br />WiEREAS said agreement shall be amended as herein set forth; <br />NOW,THEREFORE, in consideration of the premises, it is mutually agreed that, <br />effective. April 1, 1982 , said agreement shall be amended as follows: <br />1. The annual rental to be paid by Lessee to Lessor for the leased <br />premises shall be increased to $5.00 , plus sales tax if applicable. <br />2(a). The rental set forth above includes an increment for ad valorem taxes on <br />the leased premises owned by Lessor; therefore, the ad valorem tax reimbursement article <br />(if contained in said agreement) pertaining to Lessor's property shall be and is hereby <br />Greleted. <br />W. However, Lessee agrees to pay the full amount of any and all taxes - <br />State, County, Municipal and Special, and any penalties in connection therewith - levied <br />or assessed on account of the improvements placed on the premises by Lessee or by Lessee's <br />predecessors; all necessary payment, listing and other duties in connection with the <br />taxation of said improvements to be performed by Lessee; it being understood-and agreed <br />that if the taxeson said improvements are levied against and paid by Lessor, Lessee upon <br />receipt of bill from Lessor will promptly reimburse Lessor for the full amount thereof. <br />3. Except as hereby amended said agreement shall remain in full force and <br />effect. <br />IN WITNESS MiEREOF the parties hereto have executed this supplemental agreement <br />in duplicate the day and year first above written. <br />Witnesses for Lessor: <br />SEABOARD COAST LINE RAILROAD COMPANY <br />By. Witnesses for Lessee: LEE COUNTY, NORTH CAROLINA <br />By (L.S.) <br />Chairman, Board of County Commissioners <br />