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<br /> VOL 183~ACf 25759 <br /> 9813'77 <br /> ASSIGNMENT OF LEASE <br /> STATE OF TEXAS § <br /> § <br /> COUNTY OF CALDWELL § <br /> THIS AGREEMENT is made between Cyle E. Hogue and Sally C. Hogue, called Assignor <br /> in this Agreement, and Charles Abbey. called the Assignee in this Agreement. <br /> WHEREAS, the City of San Marcos as Lessor and Cyle E. Hogue and Sally C. Hogue as <br /> Lessees entered into Lease dated November 12. 1997. now covers 2.250 square feet within the San <br /> Marcos Airport, William Pettus Survey, Caldwell County. Texas, described therein and also as <br /> described in Exhibit "A" attached; and <br /> WHEREAS. the leases and the property each such lease covers is hereinafter referred to <br /> respectively as the "Lease" and the "Land;" and <br /> WHEREAS, the Assignor now desires to assign the Lease to the Assignee, and the <br /> Assignee desires to accept the assignment. <br /> ASSIGNMENT AND AGREEMENT <br /> 1. In consideration of the sum of TEN AND NO/100 ($10.00) DOLLARS and other good and <br /> valuable consideration, the receipt and sufficiency of which is acknowledged by this Agreement, and <br /> the agreement of the Assignee set forth below. the Assignor assigns to the Assignee and <br /> Assignee's l'1eir, executors. administrators, successors and assigns. all tight. title and interest in and <br /> to the Leases and the Land. The Assignee accepts the assignment. and in addition, expressly <br /> assumes and agrees to perform and fulfill all the terms and covenants. conditions and obligations <br /> required by the Assignor as the Lessee under the Lease, including the making of aU payments due <br /> to or payable on behalf of the Lessor when due and payable. <br /> 2. This assignment is also made subject to obtaining whatever consents may be required from the <br /> City of San Marcos pursuant to the termsof the above described Lease. It is understood and agreed <br /> that in the event the Lease is renegotiated between the City of San Marcos and Assignee. that <br /> Assignor shall be released from all liability on the Lease. <br /> 3. This Agreement shall be binding on and inure to the benefit of the parties to this Agreement, their <br /> heirs. executors. administrators. successors in interest, and assigns. <br /> ~~4 f G"/¿/ /2.4 /ð! <br /> Charles Abbey <br /> Assignee CITY OF SAN MARCOS <br /> A TTN: Le~al Dept. <br /> Approved: City of San Marcos ~30 East op.kins Street <br /> an Marcos, TX 78666 <br /> By: Lar~G¡~~City Manager <br /> <br /> Date: '3~~ <br />