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<br /> <br />MEMORANDUM OF LEASE <br /> <br />Church of God Children's Home of North Carolina, Inc. (hereinafter called <br />"Lessor"), pursuant to a Lease Agreement executed on or about February 15, 1999 <br />(the "Lease") recorded in the Cabarrus County Register of Deeds Office, Book <br />_ Page , and subsequently modified from time to time, leased to <br />Cabarrus County, North Carolina (hereinafter called uLessee"), for an aggregate <br />term of approximately thirty four (34) years beginning February 15, 1999 through <br />February 15, 2033, the follqwing property: <br /> <br />The Property (as set forth in the Lease) located on certain land in Cabarrus, <br />County, North Carolina, all as shown in the description of the Property attached <br />hereto as Exhibit A and incorporated herein by-reference. (Attach legal <br />description. ) <br /> <br />The provisions set forth in the Lease, as amended from time to time, are hereby <br />incorporated into this memorandum as if more fully set forth herein. <br /> <br />IN WITNESS WHEREOF, the parties hereto have duly executed this Memorandum of <br />Lease and have hereunto set their seals effective as of third day of December, <br />2004. <br /> <br />COUNTY OF CABARRUS, NORTH CAROLINA <br /> <br />By: <br /> <br />(Seal) <br />, Chairman of the Cabarrus County Board of Commissioners <br /> <br />(AFFIX COUNTY SEAL) <br /> <br />CHURCH OF GOD CHILDREN'S HOME OF NORTH CAROLINA, INC: <br /> <br />/ <br /> <br /> <br />~. <br /> <br />( Seal) <br /> <br />~ <br /> <br />(AFFIX CORPORATE SEAL) <br /> <br />I-..-I.~ <br />