- 24 - * * * * * * * WHEREAS, the parties to this Assignment wish to assign to MSG-STG L.P., a Virginia Limited Partnership, all rights of DELAWARE CORPORATION in and to the August 1, 1993 contract of purchase, to cancel the August 1, 1993 Note in the amount of Three Hundred Twenty Thou- sand Two Hundred and NO/100 Dollars ($320,200.00), and to relinquish any and all claims so that DELAWARE CORPORATION shall not have any equitable claim under color of title to the property located in Caroline County, Virginia, purchased by Frances B. HAVENS in 1991, and the legal title to which is still vested in the name of Frances B. HAVENS under the Court record documents in Caroline County, Virginia and WHEREAS, the parties wish the Assignment to allow Frances B. HAVENS to freely transfer and/or convey or sell her ownership in the One Hundred Eighty-five (185) acres, more or less, located in Caroline County, Vir- ginia, free and clear of any claims of interest or ownership by DELAWARE CORPORATION under the August 1, 1993 contract of purchase. NOW, THEREFORE, in consideration of the sum of Ten and NO/100 Dollars ($10.00) paid by MSG-STG L.P., a Virginia Limited Partnership, to DELAWARE CORPORATION, receipt of which is hereby acknowledged, and other good and valuable considerations, the parties hereto agree as follows: 1. DELAWARE CORPORATION assigns to MSG-STG L.P., a Virginia Limited Partnership, all of its legal and equitable rights in and to the contract of purchase dated August 1, 1993, by and between Frances B. HAVENS and DELAWARE CORPORATION for the Caroline County prop- erty, reference to which contract is hereby expressly made and which contract is incorporated into this agreement. 2. DELAWARE CORPORATION assigns all claims which it may have, legal or equitable, under any contract or color of title, to any interest in the One Hundred Eighty-five (185) acres, more or less, located in Caroline County, Virginia. 3. The August 1, 1993 Note from DELAWARE CORPORA- TION payable to Frances B. HAVENS in the amount ofPage: Previous 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Next
Last modified: May 25, 2011