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NORTH CAROLINA <br /> CABARRUS COUNTY LEASE AGREEMENT <br /> <br /> THIS LEASE AGREEMENT, made and executed this day of <br /> <br />October, 1989, by and bet"~een CABARROS COUNTY, a political subdivision <br />of the State of ~orth Carolina, (hereinafte~ "County"), and THE <br />CABARRUS COUNTY AGRICULTURAL FAIR, INC., a North Carolina Corporation, <br />(hereinafter "Fair"); <br /> <br /> W I T N E S S E T H -- that: <br /> <br /> For and in consideration of the mutual covenants and <br /> <br />agreements hereinafter set forth, County leases to Fair and Fair <br />takes and leases from County all that real property lying within the <br />"Fence" on the 1~.20 acre tract described and identified in "Exhibit <br />A" ~ttached hereto and incorporated herein by reference (hereinafter <br />sometimes referred tc as the "Demised Premises")~ <br /> <br /> Fair shall have and hold the Demised Premises subject to the <br /> <br />following covenants aud conditions: <br /> <br /> 1. Temm. The term of this Lease shall commence on September <br /> <br />1990, and shall expire on September 26, 1990. <br /> <br /> 2. Rent/Consideration. As rental for the Demised Premises, <br /> <br />Fair agrees as follows: <br /> <br /> (a) Fair shall mow the Demised Premises, <br /> <br /> together with Falr's 11.98 acre tract adjacent thereto~ <br /> identified on "Exhibit A", at least once per month during <br /> the period May - October~ 1990. <br /> <br /> <br />