4. During his residence at Westover, direct access to Old
Garth Road would be maintained over the existing entrance road or a
comparable substitute to Old Garth Road.
5. The Buyer of the Westover property would not resell any
of that property during the three years after conveyance to the Buyer.
Excluded from this provision would be a conveyance of not more than
100 acres of Westover bordering Barracks Road to S. W. Heischman in
exchange for the 68 acres owned by Heischman on Ivy Road.
6. Costs for title examinations, surveys, and recordation
of necessary legal documents would be paid by the Buyer. Each party
would bear its own legal expenses. There would be no brokers or
agents who are entitled to a commission or other fee.
7. Buyer agrees to lease to Hunter Faulconer, Sr. the
balance of Westover not included with the life estate and not
conveyed to Mr. Heischman. Such lease would be for the purpose
of conducting farming operations on Westover and shall be "net-net."
Hunter Faulconer, Sr. would pay all expenses including taxes
and insurance and perform any necessary maintenance on the leased
property. Either party would have the right to terminate this lease,
in whole or as to portions of the property, upon reasonable notice to
the other, which notice in the case of the Buyer must contain a
certification of its intent to develop the portions of the property as
to which the lease is to be terminated. After termination of such
lease as to any portion of the property, Buyer shall maintain the
portions released from the lease in a neat and mown condition, UNTIL
COMMENCEMENT OF CONSTRUCTION.
