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2 <br /> NORTH CAROLINA <br /> LEASE EXTENSION AGREEMENT <br /> ORANGE COUNTY <br /> THIS AGREEMENT made and entered into this day of <br /> 2010, by and between Orange County, a body politic and corporate of the <br /> State of North Carolina, (hereinafter called the "County"), and Elizabeth T. <br /> Walters (hereinafter called the ­Owner"); <br /> WITNESSETH: <br /> THAT WHEREAS, on the 5th day of April, 2000, the parties hereto entered into a <br /> certain lease ("Lease Agreement"), recorded in Book 2065 at Page 528, Orange <br /> County Registry, whereby the Owner leased to the County for a period of five <br /> (5) years the premises known and described as follows: <br /> Full Description Recorded in Book 2065 at Page 529, Orange County Registry <br /> AND WHEREAS, the parties have agreed to extend the period for which the said <br /> premises were leased for a five (5) year term that being the second of a possible <br /> ten (10), five (5) year terms. <br /> NOW THEREFORE, it is mutually agreed, that the premises described in the Lease <br /> Agreement above referred to are hereby leased unto the County for the <br /> additional term of five (5) years, beginning the 27th day of July, 2010 and ending <br /> the 26th day of July 2015. All of the terms, conditions, and covenants set forth in <br /> the above-described Lease Agreement apply to the additional period of this <br /> extension as fully as if set forth herein, save and except Owner acknowledges <br /> the timely receipt of County's notice of its intent to extend the Lease Agreement <br /> and waives any requirement of said Lease Agreement that such notice be in <br /> writing. <br /> IN TESTIMONY WHEREOF, the parties hereto have executed this Lease Extension <br /> Agreement on the day and date first above written. <br /> Elizabeth T. Walters, Owner <br /> Attest: <br /> Clerk to the Board Valerie Foushee, Chair <br /> Orange County Board of <br /> Commissioners <br /> [SEAL] <br />