Agenda - 01-24-2012 - 5m - Laserfiche WebLink

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11 may be imposed on Landlord by any ground lease, mortgage, or deed of trust. encumbering the Shopping Center. There#ore, if Landlord does not receive the Minimum Rent, Additional Rent, any other. Lease costs or other monies due hereunder in full on or. before the fifth (5th) day of the month it becomes due, with the exception of the July payments which shall be due and payable no later than the 10th day of July. County shall be in Default under this Lease if any payment is not paid on or before its due date. Should County be in Default, for not making a payment on or before its due date, than in that event upon ten (10) days wriften notice from Landlord, interest at the rate of eight percent (8%) or at the highest rate allowed by law, whichever is less, shall accrue on the amount of such sums in default or other sums of money due Landlord hereunder. 9. SITE PLAN. Exhibit B sets forth the general layout of the Shopping Center. Landlord may change or alter the parking lot layout, so long as the total number of parking spaces available to the County as of the Effective Date is not reduced below 450. Landlord may not change or alter any of the buildings in the Shopping Center, nor may Landlord sell or lease any portions of the Shopping Center except iri accordance with Section 43 "Option to Purchase" of this Lease and except in accordance with the Right of Refusal. Landlord hereby agrees that the location and actual size of the Demised Premises shall remain unchanged. 10. LANDLORD'S WORK. See "AS IS° Rider attached hereto as Exhibit "C". AEI other work done by Landlord at County's request (if any and for which Landlord shall have no obligation to perform unless agreed to in writing} shall be at County's expense and shall be paid for within ten (10) days after the presentation to County of a bill for such work. 11. COUNTY'S WORK. Other than work done pursuant to Section 10, all work is to be performed by County at its expense, except as provided in "Completion Allowance" Rider attached hereto as Exhibit E (hereinafter referred to as "County's Work") shall be in accordance with Exhibit D attached hereto. All entry into the Demised Premises and work done by County shall be at County's risk and all work shall be subject to Landlord's approval and shat[ be in accordance with good construction practices, all applicable laws, and insurance requirements. Further, Landlord shall have no responsibility or liability for any loss or damage to County's property and County agrees to pay for any utilities used prior to the Rent Commencement Date. County shall furnish all certificates and approvals, which may be necessary, so that a certificate of occupancy for the Demised Premises may be issued, a copy of which shall be delivered to Landlord. The Demised Premises shall be ready for the opening of County's business by the Outside Opening Date. Within ninety (90) days from the date of this Lease, County shall prepare and deliver to Landlord 2 copies of detailed plans and specifications on 11" x 17" paper of the improvements to the Demised Premises to be constructed by County in compliance with Exhibit "B" attached hereto and made a part hereof. If County's plans and specifications are not acceptable to Landlord, Landlord will advise County of the required modifications to County's plans and specifications. County shall modify and deliver to Landlord its revised plans and specifications as soon as practicable from receipt of Landlord's required modifications. Landlord and County will continue this process until Landlord has approved County's plans and specifications ("County's Work"). As soon as practicable from receipt of Landlord's approval of County of Orange, in North Carolina - ]3i71sborongh Commons 07/02/08 ~~ I~~1 'L/O ~ ~