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WARRANTY DEED
<br /> Know All Men By These Presents :
<br /> That the CITY OF BATESVILLE, ARKANSAS , a City of the first
<br /> class duly existing under and by virtue of the laws of the State of
<br /> Arkansas ( "Grantor" ) , by its officials named below, duly authorized
<br /> and empowered, for and in consideration of the sum of TEN DOLLARS and
<br /> other good and valuable consideration paid by WESTPORT CASUALS , INC. ,
<br /> an Arkansas corporation, ( "Grantee") , the receipt of which is hereby
<br /> acknowledged, does hereby grant, bargain, sell and convey unto the
<br /> said Grantee, and unto its successors and assigns forever, the
<br /> following lands lying in the County of Independence, and State of
<br /> Arkansas , to-wit:
<br /> Part of the West Half (W 1/2) of Section 10 ,
<br /> Township 13 North, Range 6 West, described thus :
<br /> Beginning at a point 1413 feet East and 40 feet South
<br /> of the corner between Sections 3 , 4 , 9 and 10 , Township
<br /> 13 North, Range 6 West, thence West 603 feet; thence
<br /> South 545 feet; thence East 603 feet; thence North 545
<br /> feet to the point of beginning and containing 7-1/2
<br /> acres , more or less.
<br /> A part of the West Half (W 1/2) of Section 10, Township
<br /> 13 North, Range 6 West, described thus : Beginning at a
<br /> point 811 . 1 feet East and 591. 8 feet South of the
<br /> Northwest corner of Section 10 , Township 13 North,
<br /> Range 6 West, iron pipe for marker; thence South 88
<br /> degrees 25 minutes East 603 feet to a point, iron pipe
<br /> for marker; thence South 379 feet to the North line of
<br /> Batesville Rubber Company tract, iron pipe for marker;
<br /> thence South 87 degrees 33 minutes West along said line
<br /> 603. 3 feet, iron pipe for marker; thence North 421. 3
<br /> feet to the point of beginning, containing 5 . 54 acres ,
<br /> more or less.
<br /> SUBJECT TO: taxes and assessments not now due and payable, ease-
<br /> ments and restrictions of record, if any, liens and encumbrances
<br /> to which title was subject when leased by Grantor to Grantee pur-
<br /> suant to a Lease and Agreement, dated as of December 1 , 1968 , by
<br /> and between Grantor and Grantee, as amended and supplemented from
<br /> time to time, which Lease and Agreement, as amended and supple-
<br /> mented, appears of record in the office of the Circuit Clerk and
<br /> Ex-Officio Recorder of Independence County, Arkansas (the "Lease" ) ,
<br /> or resulting from any failure of Grantee to perform any of its
<br /> obligations under the Lease.
<br /> To have and to hold the same unto the said Grantee, and
<br /> unto its successors and assigns forever, with all appurtenances
<br /> thereunto belonging.
<br /> And the said Grantor hereby covenants with the said Grantee,
<br /> that the said Grantor will forever warrant and defend the title to
<br /> said lands against all claims whatever, and that the same is free from
<br /> all liens and incumbrances , except as provided above.
<br /> IN TESTIMONY WHEREOF, The name of the Grantor is here to
<br /> affi by its Mayor and its seal affixed by its Clerk, this 6day
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