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HomeMy WebLinkAbout0918 i~, . ~ ~ 6~52~0 - MEMORANDUM GROUND LEASE TtII~ :'.E,'•tO~i~Dt;~%, Lr.i~SE is macie and entered into by and between ALLEN F. GREEN, JR., and RONNIE T. GREEN, CO-TRUSTEES OF THE ALLEN•F. GREEN, SR., IRREVOCABLE TRUST, referred to as "Lessor," and ALLEN F. GREEN, SR., referred to as "Lessee." ARTICLE 1. DEMISE OF LEASED LANDS L-e~~~~ f~r ;.:.d ~:,r,~;..:c~ai.~~„ ~i zne rents, covenants, and conditions set forth in the parent lease agreement not of record to be kept, performed and observed by Lessee, does lease and demise to Lessee, and Lessee does rent and accept from Lessor the real property, referred to as "lease~ lands" described in Exhibit "A" attached hereto and incorporated herein by reference. - Lessor hereby represents and warrants that Lessor is the owner in fee simple absolute of the leased land subject to covenants, conditions, restrictions and easements and any other matters of record. Lessor covenants and agrees with Lessee on paying the rent and other charges provided for in the parent lease not of record i and observing and keeping the covenants, conditions, and terms of t ~ ~ the parent lease agreement on Lessee's part to be kept or E performed, shall lawfully and quietly hold, occupy and enjoy the _ ~ E ` leased land during the term of this~lease without hindrance or a ~ molestation of Lessor or any person claiming under Lessor. F ARTICLE 2. LEASE TERM ~ ~ ~ This lease shall be for a term of ,Zd years, referred to ~ ~ as "Lease Term" , commencing on the i~i 2j day of , ~ ~ r- ~ 19 8'.3 , and expiring at Op p.m. on the ~ 1 a"' day of z o0 3 ~v. , . ARTICLE 3. NOTICE Third parties inquiring as to the title of subject property . are directed to the parent lease agreement not of record for complete and full_understanding of the terms and conditions of the lease set forth herein by memorandum. IN WITNESS WHEREOF, this Memorandum Ground Lease has been executed by the parties on the z~~ day of , 19~a3. i~ 412 9~.~ LArv OPYICES OY SNEED & yESSES, P. A.,70p vIS6INIA wVEASUE, SUITE t04-SUN HeNY HLDO.,lI. PIEECE, PLOBIDA ~3NS0 (306~ 466-E330 _ ~ - , - . - ~ ..~"~`~Y mc. n.~ ~ .:t~,. .~..r . ..h -,-K~. ~4.r~