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..1 <br />1 I July 2007 <br />AGE -NC Project No. 03-1055 <br />Page 3 of 4 <br />were made for property improvements in 1973 or following years. <br />• 16 March 1972 (Deed): The property was deeded by Leona Kelly et al to Alfred A Souza and <br />,Joann Panagos. <br />• 10 July 1974 (Deed): The property was deeded by Alfred A Souza and Joann Panagos to <br />Carey Joann Panagos. <br />• 21 ,lune 1979 (Deed): The property was deeded by Carey ,loann Panagos to John and Helen <br />Pikoulas and John Tsinglieris. <br />• 26 March 1980 (Deed): The property was deeded by John and Helen Pikoulas and John <br />Tsinglieris to James, Julie and Matina Lembesis. <br />• 22 February 1999 (Deed): The property was deeded by James, Julie and Matina Lembesis <br />to J1_,N Farms, Douglas, Brenda and Harley Murray et al. <br />• 15 February 2001 (Deed): The property was deeded by JLN Farms, Douglas, Brenda and <br />Harley Murray et al. to Joseph and Rosanna Panetta. <br />CONCLUSIONS <br />Based upon research performed, AGE has the following conclusions: <br />• Lease Agreements for a service station (land and improvements) on the subject property were <br />recorded between Tide Water Associated Oil Company and James and Lenore Kelly in 1955 <br />and between Tidewater Oil Company and the Lenders Investment Corporation in 1956. Both <br />lease agreements included indemnification clauses rendering the Lessee responsible for <br />resolving damage to the property from service station operations. <br />• Tidewater Oil Company transferred the subj ect property lease, among other leases, to Phillips <br />Petroleum in 1966, Phillips Petroleum agreed to accept the conditions of the assigned leases. <br />• The lease between Phillips Petroleum and Lenders Investment Corporation (1956) was <br />terminated in July 1971. AGE did not find a Lease Termination Agreement for the 1955 <br />lease. <br />• Directory listings show the property operating from 1956 through 1969 as Gill's Flying <br />A/Gill 's Phillips 66 Gas and from 1969 through 1970 as Art's Phillips 66 Gas at 33 West <br />1 1'h Street. <br />Advanced GeoEnvironmeatal, Inc. <br />