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HomeMy WebLinkAbout1284 t i from said point of beginning continue in a straight line, said line being a continua- ~ tion of the east line of said Lot 1 a distance of 600 feet to a point; thence run North- easterly a distance of 755 feet more or less to a point on the Southwesterly edge of the NW-SE Taxi strip, said point being 1300 feet Southeasterly of the intersection of the . Southerly edges of the NE-Stei anci the SE-NW ~ ~ taxi str~p~;"~om said point run Northwesterly along the Southerly edge of the SE-NW taxi strip 600 feet to a point; from said point run Southwesterly 755 feet more or less to a point of beginning. Less and Except that part lying within the right of way for the Airport Access Road as described in OR Book 49 at . Page 216. and the bu ildings the reon now or in the future placed thereon, together with the appurtenances, and also the said indenture of lease. To have and to hold the same unto the said party of the second part, its executors, administrators, and assigns, from- the 23rd day of October, 1973, for the unexpired residue of the - said Cerm. 2. And the said party of the first part for itself, its executors, administrators, and assigns, doth covenant with the , ' said party of the second part, its executors, admini strators, and assigns, that the said lease is now valid and subsisting; that all the rent thereby reserved and payable prior to the date hereof has been paid, and that all the other of the Lessee's covenants and the conditiqns therein contained have been obser- ~ ved and pe rformed; that the said premises and leasehold are now ~ free and clear of all encumbrances save those made known with the execution of the lease hereby assigned; and that the said ~ party of the first ~art has good right and lawful authority to ~ ~ assign and transfer the same in manner and form aforesaid. 3. Provided, nevertheless, that if the said party of the f irst part, its executors, administrators, and assigns, shall pay to the said party of the second part, its executors, admi~is- - 2- BOOK 244 P~~E1285 - ~ , 9 ~l ' ~ f ~ ~ - ~ b~ ~ ~ ~