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NORTH CAROLINA <br /> <br />CABARRUS COUNTY LEASE AGREEMENT <br /> <br /> THIS LEASE AGREEMENT, made and executed this 3rd day of <br />14arch~ 1988, by and between CABARRUS COUNTY, a political subdivision <br />of the State of North Carolina, (hereinafter "County"): and THE <br />CABARRUS COUNTY AGRICULTURAL FAIR, INC., a North Carolina Corporation, <br />(hereinafter "Fair")½ <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 />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 14.20 acre tract described and identified in "Exhibit <br />A" attached hereto and incorporated herein by reference (hereinafter <br />sometimes referred to as the "Demised Premises"); <br /> <br /> Fair shall have and hold the Demised Premises subject to the <br />following covenants and conditions: <br /> <br /> 1. Term. The term of this Lease shall commence on September <br />5, 1988, and shall expire on September 28, 1988. <br /> <br /> 2. Rent/Consideration. As rental for the Demised Premises, <br />Fair agrees as follows: <br /> <br /> (a) Fair shall mow the Demised Premises, <br /> <br /> together with County's 11.98 acre tract adjacent thereto~ <br /> identified on "Exhibit A"~ at least once per month during <br /> the period May - October, 1988. <br /> <br /> <br />