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Office of the Register of Deeds for Cabarrus <br /> County, North Carolina, in Book 93, Page 221; <br /> less, however, that part of said tract conveyed <br /> to Raymond D. Snyder and others by William <br /> Parker and others by Deed dated May 17, 1944, <br /> and recorded in the Office of the Register of <br /> Deeds for Cabarrus County, North Carolina, in <br /> Book 178, Page 34. <br /> <br /> See Deed dated the 25th day or.OctOber, <br /> 1944, between William Parker and others and <br /> W. J. Holding and wife, Margaret H. Holding, <br /> recorded in the Office of the Register of <br /> Deeds for Cabarrus County, North Carolina~, in <br /> Deed Book 178, Page 244. <br /> <br /> The manner, terms and conditions of this Option <br /> are as follows: <br /> <br /> The party of the second part shall have and may <br /> exercise this Option as follows: <br /> <br /> 1. For a one-fourth (1/4) undivided interest in <br /> said property to and including'the first day of F~bruary, <br /> 1968, but no longer. The purchase price for this one-fourth <br /> (1/4) .undivided interest shall be Ten Thousand Six Hundred <br /> Dollars ($10,600.00) cash. <br /> <br /> 2. "For a one-fourth (1/4) undivided interest in <br /> said property to an d including the first day of FebrUary, <br /> 1969, but no longer. The purchase price for this one-fourth <br /> <br /> (1/4) undivided interest shall be Eleven Thousand Two Hundred <br /> Dollars ($11,200.00) cash. <br /> <br /> 3. For a one-fourth (1/4) undivided interest in <br /> said property to and including the first day of February,~ <br /> 1970, but no longer. The purchase price for this one-fourth <br /> (1/4) undivided interest shall be Eleven Thousand Eight <br /> Hundred Dollars ($11,800.00) cash. <br /> <br /> At any time within the three periods above limited, <br /> but not thereafter, parties of the first part will mak~,~ <br /> execute and delive~ to said party of the second part a good <br /> <br />· and sufficient deed for the respective undivided interests <br /> <br /> - 3 - <br /> <br /> <br />