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2021-047 - Approving and Authorizing the Execution of Assignment of Airport Ground Lease Agreement between Sheradon Carter and teh City of Paris for Hangar A-7 at Cox Field to Collin Hadley
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2021-047 - Approving and Authorizing the Execution of Assignment of Airport Ground Lease Agreement between Sheradon Carter and teh City of Paris for Hangar A-7 at Cox Field to Collin Hadley
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12/14/2021 3:56:07 PM
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ASSIGNMENT OF LEASE <br />STATE OF TEXAS § <br />§ KNOW ALL MEN BY THESE PRESENTS: <br />COUNTY OF LAMAR § <br />1, SHERADON CARTER, whose mailing address is 161 CR 32252, Sumner, Texas <br />75486 (hereinafter "Assignor") for and in consideration of the sum of TEN AND NO/100 <br />DOLLARS ($10.00) and other good and valuable consideration to me in hand paid by COLLIN <br />HADLEY,530 Laurel Lane, Paris, Texas, the receipt and sufficiency of which is hereby <br />acknowledged, do hereby assign, transfer, and convey unto COLLIN HADLEY (hereinafter <br />"Assignee"), all right, title and interest in that Ground Lease Agreement (Hangar A-7) dated <br />December 18, 2018, and ratified on November 8, 2021, by and between the City of Paris, Texas, <br />and SHERADON CARTER, a copy of which is attached hereto as Exhibit "A", together will all <br />of my rights, obligations, 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 _ ` , 2021. <br />S ieradon Carter <br />ACCEPTANCE OF ASSIGNMENT <br />1, COLLIN HADLEY, Lamar County, Texas 75460, "Assignee" in the above described <br />Assignment of Lease do hereby covenant and agree to assume and accept the obligations and <br />responsibilities of Assignor SHERADON CARTER, under the above -referenced Ground Lease <br />Agreement attached hereto as Exhibit "A". <br />Co in Hadley <br />1 <br />
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