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15 B - Lease Reassignment for Hangar Q from Larry Ervin to Jay Hodge
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15 B - Lease Reassignment for Hangar Q from Larry Ervin to Jay Hodge
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5/21/2021 9:37:38 AM
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ASSIGNMENT OF LEASE <br />STATE OF TEXAS § <br />§ KNOW ALL MEN BY THESE PRESENTS: <br />COUNTY OF LAMAR § <br />I, Larry David Ervin, whose mailing address is 6535 Pine Mill Road, Reno, Texas 75462 <br />(hereinafter "Assignor") for and in consideration of the sum of TEN AND NO/100 DOLLARS <br />($10.00) and other good and valuable consideration to me in hand paid by Jay Hodge, President, <br />O&H Air, LLC, 5100 S.E. Loop 286, Paris, Lamar County Texas, 75460, the receipt and <br />sufficiency of which is hereby acknowledged, do hereby assign, transfer, and convey unto Q&H <br />Air, LLC (hereinafter "Assignee"), all right, title and interest in that Ground Lease Agreement <br />(Hangar Q) dated October 12, 2020, by and between the City of Paris, Texas, and Larry David <br />Ervin, a copy of which is attached hereto as Exhibit "A", together will all of my rights, obligations, <br />and responsibilities thereunder. <br />To have and to hold the described property for and during the remainder of the term of said <br />lease attached hereto and incorporated herein as Exhibit "A". <br />EXECUTED this day of <br />Larry David Ervin <br />ACCEPTANCE OF ASSIGNMENT <br />2021. <br />I, Jay Hodge, President, O&H Air, LLC, 5100 S.E. Loop 286, Paris, Lamar County, <br />Texas 75460, "Assignee" in the above described Assignment of Lease do hereby covenant and <br />agree to assume and accept the obligations and responsibilities of Assignor Larry David Ervin, <br />under the above -referenced Ground Lease Agreement attached hereto as Exhibit "A". <br />Jay Hodge <br />President, O&H Air, LLC <br />1 <br />
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