with government approval, convey to a trustee (apparently for secondary financing purposes) its title to the improvements and its leasehold in the underlying land.


3
At the same time this contract was executed, the United States and Bateson entered into a "Ground Lease" of the underlying land.  The lease provides for a term of 45 years or until the expiration of the term of the subsequent purchase contract, whichever is shorter.  (Thus, the lease term is actually 30 years.)    Bateson's rent for the entire term is $1.  Although Bateson is to have quiet enjoyment, the lease grants the United States the right to occupy the land and the improvements once the parties entered into a purchase contract.  The lease also contains the Unitedannual interest rate of 7.75% over the 30-year term of the contract.  Thus, the semiannual payments due under the contract are $595,812.52.  The United States agreed to pay all real estate taxes on the improvements and received the right to contest the amount or validity of such taxes.  Title is to vest automatically in the United States upon expiration of the term, and Bateson agreed to deliver a deed for the improvements and to release its leasehold interest in the land at that time.  The United States received the right to make alterations and improvements and accepted sole responsibility for the condition, maintenance, and management of the land and its improvements during the 30-year term.


7
On July 8, 1974, the United States also issued a