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5 <br />RENTAL CONTRACT <br />RESIDENTIAL <br />RESIDENT: ("Tenant") <br />OWNER: Orange County, North Carolina, a body politic and corporate, a political subdivision of the State of <br />North Carolina ("Landlord") <br />PREMISES: City: County. Orange State of North Carolina <br />D Street Address: house located at 6823 Hillhouse Road as illustrated on Extu'bit A attached hereto <br />D Apartment Complex: <br />D Other Description (Room, portion of above address, etc.): <br />INITIAL TERM: Beginning Date of Lease: Ending Date of Lease: <br />RENT: $ PAYMENT PERIOD: iJ monthly D weekly d yearly D other. <br />LATE PAYMENT FEE: $ OR % of rental payment, whichever is greater (State law <br />provides that the late fed may not exceed $15.00 or five percenl(S%) of the rental payment, whichever is greater.) <br />SECURITY DEPOSIT: $ <br />LOCATION OF DEPOSIT: (insert name of bank): <br />BANK ADDRESS: - <br />to be deposited with Landlord <br />RETURNED CHECK FEE: $ (The maximum processing fee allowed under State law is <br />$25.00.) • <br />SUMMARY EJECTMENT' ADMINISTRATIVE FEE (see paragraph 16): $ . <br />PETS: D PETS NOT ALLOWED D PETS ALLOWED <br />TYPE OF PET PERMIT'T`ED (ifpets allowed): <br />PERNIITTED OCCUPANTS {in addition to Tenant}; <br />NONREFUNDABLE PET FEE (if pets allowed}: <br />Ifs CONSIDERATION of the promises contained in this Agreement, Landlord hereby agrees to lease the <br />Premises to Tenant on the following terms and conditions: <br />1: Termination and Renewal: EITHER LANDLORD OR. TENANT MAY TERMINATE THE <br />TENANCY AT THE EXPIRATION OF THE INITIAL TERM BY GIVING WRITTEN NOTICE TO THE <br />OTHER AT LEAST DAYS PRIOR TO THE EXPIRATION DATE OF THE INITIAL TERM. IN <br />THE EVENT SUCH WRITTEN NOTICE IS NOT- GIVEN OR IF THE TENANT HOLDS OVER BEYOND THE <br />INITIAL TERM, THE TENANCY SHALL AUTOMATICALLY BECOME A (PERIOD) TO <br />(PERIOD} TENANCY UPON THE SAME TERMS AND CONDITIONS CONTAINED HEREIN AND ZviAY <br />THEREAFTER BE TERMINATED BY ETT'HEft LANDLORD OR TENANT GIVING THE OTHER - ' <br />DAYS WRITTEN NOTICE PRIOR TO THE LAST DAY OF TAE THEN CURRENT PERIOD OF THE <br />TENANCY. • <br />2. Rent: Tenant shall pay the Rent, without notice, demand or deduction, to Landlord or as Landlord <br />directs. The frst Rent payment, which shall be prorated if the Initial Term commences on.a day other than the first <br />day of the Payment Period, shall be-due on (date). Thereafter, all rentals shall <br />be paid in advance on or before the FIRST day of each subsequent Payment Period for the duration of the tenancy. <br />3. Late Payment Fees 9nd Returned Check Fees: Tenant shall pay t(ae Late Payment Fee if any rental <br />payment is not received by midnight on the fifth (5'~ day after it is due. This late payment fee shall be due <br />immediately without demand therefore and shall be added to and paid with the late rental payment. Tenant also <br />Page l of b <br />Tenant Initials <br />