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EXHIBIT 10.9
ASSIGNMENT OF LEASE
FOR VALUE RECEIVED, the undersigned does hereby assign, transfer, set
over, and convey unto the PACIFIC NATIONAL BANK OF WASHINGTON, a national
banking association, all of its right, title and interest in and to that
certain Lease dated October 7, 1963, between TRAINGLE DEVELOPMENT COMPANY, a
Washington corporation, as Lessor, and the OLD NATIONAL BANK OF WASHINGTON, a
national banking association, as Lessee, which Lease provides for the lease of
that certain real property situated in Cowlitz County, State of Washington,
more particularly described as follows:
A portion of Tract 46, Xxxxxxxx's Plat No. 17, according to
the plat thereof recorded in Volume 8, page 39, records of
Cowlitz County, Washington, described as follows:
Beginning at the corner common to Tract 46, 47, 48 and 49,
Assessor's Plat No. 17, according to the plat thereof recorded
in Volume 8 of Plats, page 39, records of said County; thence
North 32#21'29" West 10 feet; thence South 57#38'31" West 40
feet to the true point of beginning thence continuing South
57#38'31" West 150 feet; thence North 57#38'31" East 150 feet;
thence South 32#21'29" East 150 feet to the true point of
beginning.
DATED this 30th day of March, 1979.
OLD NATIONAL BANK OF WASHINGTON
By:/s/____________________________
Attest: /s/_______________________
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STATE OF WASHINGTON )
) ss.
COUNTY OF KING )
On this 30th day of March, 1979, before me the undersigned Notary
Public in and for the State of Washington, duly commissioned and sworn,
personally appeared Xxxxxx Xxxxx and X. X. Xxxxxxxxxxxx, to me know to be the
Sr. Vice President and Vice President, of the OLD NATIONAL BANK OF WASHINGTON,
the corporation that executed the foregoing instrument, and acknowledged the
said instrument to be the free and voluntary act and deed of said corporation,
for the uses and purposes therein mentioned, and on oath stated that they were
authorized to execute the said instrument and that the seal affixed is the
corporate seal of said corporation.
WITNESS my hand and official seal hereto affixed the day and year
first above written.
/s/___________________________
NOTARY PUBLIC in and for the State
of Washington, residing at Spokane
ACCEPTANCE OF ASSIGNMENT
PACIFIC NATIONAL BANK OF WASHINGTON, the Assignee of the foregoing
Assignment of Lease, does hereby accept said assignment and does hereby agree
to be bound by and perform all of the terms, covenants, conditions and
obligations of the Lessee all as provided in the lease described in the
foregoing Assignment of Lease.
IN WITNESS WHEREOF, the Assignee has caused this acceptance to be
executed by its duly authorized officers this 30th day of March, 1979.
PACIFIC NATIONAL BANK OF WASHINGTON
By: /s/__________________________
Attest: /s/_______________________
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CONSENT TO ASSIGNMENT
THE UNDERSIGNED, the Lessor of the lease described in the foregoing
Assignment of Lease, does hereby consent to the assignment of the Lessee's
interest under said lease to the Pacific National Bank of Washington, as more
particularly set forth in the foregoing Assignment of Lease.
IN WITNESS WHEREOF, the undersigned has caused this consent to be
executed by its duly authorized officers this _____ day of March, 1979.
TRAINGLE DEVELOPMENT COMPANY
By: /s/___________________________
