SCHEDULE 2.1(c)
LEASES
1. Campsite Licenses and Use Licenses/Leases set forth on
Schedule 2.1(f).
2. License Agreement dated December 27, 1993, with Pioneer
Valley Railroad Co., Inc. License Agreements dated July 13,
2000, with Pioneer Valley Railroad Co., Inc. The License
Agreements dated July 13, 2000, with Pioneer Valley Railroad Co.,
Inc. may not be assignable and/or transferable. The December 27,
1993, License Agreement contains an option to purchase the
property by Pioneer Valley Railroad Co., Inc., for fair market
value if notice is given by Seller. These License Agreements
will be renegotiated with Pioneer Valley Railroad Co., Inc.,
prior to Closing. If the Buyer and the Seller cannot reach
acceptable terms with Pioneer Valley Railroad Co., Inc., the
Buyer shall assume Seller's obligations under such Contracts at
the Closing, but the provisions of Section 5.6(c) apply thereto.
3. Any leases and licenses set forth in the Title Commitment.