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28.Hangar lease assignment from Bill Boothe
City-of-Paris
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28.Hangar lease assignment from Bill Boothe
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2/24/2012 6:18:13 PM
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2/24/2012 6:18:12 PM
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CITY CLERK
Doc Name
28
Doc Type
Agenda
CITY CLERK - Date
2/27/2012
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<br /> <br /> <br /> <br /> <br /> <br /> ASSIGNMENT OF LEASE <br /> <br /> <br /> STATE OF TEXAS § <br /> § KNOW ALL MEN BY THESE PRESENTS: <br /> COUNTY OF LAMAR § <br /> <br /> I, William T. Boothe, of Paris, Lamar County, Texas, ("Assignor"), for and in <br /> <br /> consideration of the sum of TEN AND NO/100 DOLLARS ($10.00) and other good and <br /> <br /> valuable consideration to me in hand paid by Magnum Performance, Inc., 50 County Road <br /> <br /> 13200, Blossom, Lamar County Texas 75416 the receipt and sufficiency of which is hereby <br /> <br /> acknowledged, do hereby assign, transfer, and convey unto Magnum Performance, Inc. <br /> <br /> ("Assignee"), all my right, title and interest in that Ground Lease Agreement dated June 22, <br /> <br /> 2009, by and between the City of Paris, Texas, and William T. Boothe, a copy of which is <br /> <br /> attached hereto as Exhibit "A", together will all of my rights, obligations, and responsibilities <br /> <br /> thereunder. <br /> <br /> To have and to hold the described property for and during the remainder of the term of <br /> <br /> said lease attached hereto and incorporated herein as Exhibit "A". <br /> <br /> EXECUTED this 27th day of February, 2012. <br /> <br /> <br /> <br /> William T. Boothe <br /> <br /> ACCEPTANCE OF ASSIGNMENT <br /> <br /> I, Gene Svobota, Director of Magnum Performance, Inc., a Limited Partnership 50 <br /> County Road 13200, Blossom, Texas 75416, "Assignee" in the above described Assignment of <br /> Lease do hereby covenant and agree to assume and accept the obligations and responsibilities of <br /> Assignor William T. Boothe, under the above-referenced Ground Lease Agreement attached <br /> hereto as Exhibit "A". <br /> <br /> Gene Svobota, Director <br /> Magnum Performance, Inc. <br /> <br /> <br /> <br /> <br /> EXHIBIT'. <br /> 1 Qrz <br />
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