Orange County NC Website
8 <br /> i expess or implied invitation of Town,or caused by the Pneatim beoorbing out of enpair,or caused by <br /> 1 ledage of M olL water or stns or by dotricky emaasdlit ffrnn the Prumiaa.of due to any cease <br /> i whatsoever,and Tanatt agrees to oodetnidly Landlord and hold it hermlem from any lass,expert"or claims, <br /> including attenmyls fees nu ft out of soy so*dmage or bOwn.exogtt for say noury to person or derange <br /> to property steed by the negligenct or lateatimal arm of Landlord,and landlord awes to lndwsrt* <br /> Tooant and hold It harmless(rote aq;asd all leas,crease ar dW-%including MoravA Lees,asisirhg not of <br /> such derange or injury mod by landlords negligence or itterdsonal am.Taoat shall procure and mainteln <br /> 0rouhgbcut the tam of this Lease a po6oy or policies of iaetaaaay inuring Teasel against all dslans. <br /> demmds or actions arising out of or in connection with Tarertk use or ooatp oncy of tiro Premises.Landlord <br /> 1 shell be listed a on additional insured an the CertiBosae of las ranm The 1®its of such policy or policies <br /> "I be in m anamt not less than 5500,i1OMOO in respect to itilurks to or loth of any am person,and be an <br /> j amomc not kn tiro SlAkOD0.00 in tmpect vasty one anadhsnc a disasex,and in an anamt rid Irons tbnq <br /> { SIMODO.00 In rhape .to property dmtaged or destroyed.Tenant aball lint Awnisb to Landlord copies of <br /> I policies or eadficnm of houreaee evidencing the required cuvorege prior to the occupancy duo sd <br /> thaeaRa prior to each policy renewal dine All policies ngdred of Tenent haeorder Mall eoetsisn a <br /> provisim whereby the manna is"allowed to cone or materially-1 ge the coverage without fond giving <br /> 10 days wrinan nation to Landlord. <br /> b)Teresa stall.at all draw droning the term ha w&no at Its cat mod aepeosS owinain in efff'ak policies of <br /> iosuatce aoverrog its trade fiaursch ntedgwy,oquWrac n4 morobstdue and other personal property tram, <br /> in,m or upon the Pianism.in m arAmm equal to tMr 6il1 f*sconet value,providing protection <br /> any peril Included within the dasificttion'Fire and Extended Coverage." <br /> e)Each of landlord and Tenant hereby expressly releaea the other from any and all h'ability or respoodbift to <br /> j the dher or anyone claiming through or adder them by way of mAwgidam,or otbeewise for say lass or <br /> dams to pr�pety caused by Sae or any other perils insured in policies of iomm one ooveainq such property. <br /> evm dsu¢ic lose a deretege sbdt have boor nnxd by flout o rrdhgerm of tho arbor party,or anyone hl: <br /> whom such party rosy be tespau-ft hadraft ery other tmarts or occopmos of the temninder of the <br /> BuiMatg•provridal bowevaar,titer des rolesee 9a9 be w1able and In&,=and effict only to the oant <br /> that arch rdesae shall be lasrfid at that time and in asV event only with recent to lass or dery MM= <br /> during atcb draw as the releeeefs paliciea dWI ainlam a divan or endorsement to this elfaa runt shy sodt <br /> release shell not adversely affect or impdr said policies or prejudice the right of die rdasser to recover <br /> berenmder and then only to the arrest of the inseranoe p Weeds psysble under such policies.Each of the <br /> landlord and Tathaar sgtnes thsR it will roquins its loaraooe carriers to mdude in Its policies soak a etmae or <br /> endorsehoart Fsikae to obtain ardt mdoracmers skull not relese the waiver amesinod is this lease. <br /> 17. <br /> Sbocdd Teoaot,or any of its savocsson in interest.bold ova as the Pteaeses,or my pit tbes > slaw the <br /> expiration of rim term of dm lose(°Hdd Ova'),unless otherwise weed in writing such holding ova shall <br /> constitute act be omseved as tcouwy from owdiiWamoo&only,at a nd mombly rental equal to twice Ire <br /> rooW psymble for the last month of da turn of this nose.The Inclusion of pecedtat awtatoe shall not be <br /> cooatruod as landoed4 perasitsiorh for Tmert to bold ova,nor clad)it be ootntraed s moptam to attend this <br /> Leas&In the event taatt alit)become a Hold Over tenant,all the provisions,tarns and coadidaa of this lane <br /> Agreement shall remain to elEoa durim the trill tams of the Hold Over period <br /> 18, OEHET MOYNM*NT., <br /> Landlord covaoa43 doer it now has,or will a qdm before Tenant takes possession of Premises,good title to the <br /> Building,of which Preadsa is a pot,free aid des of d1 flow and aroumbronom ocegfing only the lieu Srr <br /> current tsars tot yes due,such mntgtnge at marrprges as are permitted by the tams ofthis Line,and esme=s, <br /> restrictions and covenants.fiber conditions of record,none of which prddiit the use of tic Premises as sd forth <br /> in Paragraph 6.Landlord represents and warrants that It bas full right and surbority to maw Into rule Lame and rust <br /> Tenant.span paying the read herein set forth and pariura tug its other covenants and a{gmemeab berefa to fork, <br /> shall peaceably and quietly have, hold and enjoy the Premises tar*o tam banal; without hindrance or <br /> tnoleetatiar from La dlmd.subject to the tams and poviaiors of"I.ease <br /> i <br /> 19. MMM OF DEFAULT' <br /> The following evertor shaii be detmod to be everts of dabalt by Tm t unnder this Less: <br /> a) Termed Aall Malt to pay when or behm due any rent of other sum of matey b000mirg due to be paid to <br /> Landlord brander,sod such Must"matirate Ow a period often(10)days from the date scab pgmeot <br /> was dice;or <br /> b) Tames shall fail to comply with any tent,provision or cover a rt Of this 14M other than by failing to pay <br /> when or before due say sum of money becoming due to Landlord hereunder.and shell not are such f9h3e <br /> within tweray(20)days(fathwitk,If the deflolt involves a hesedoas condition)after wrtaea ei thereof <br /> to teaianq or <br /> o) Tamar shag abermderh or vacdc s!Y substantid�Q�i of WO Pranisce.The torture to ooWpy std operate <br /> The p emiseu EM five(S)coosoahbve digs or oW dap(9)in soy 30 dug period sbell be devoted an act of <br /> j abandonment and vstatian;or <br /> d) �Mse,or t sWm tandrudon of'Terhe 6 right eato possession y totnsticn of lids Lase,by ligne of time or or <br /> e) The lessaold interest of Team&ball.be levied upon hm I exertion or be afte hod by process of law or <br /> Teams Wall eel to contest diligently the validty of liar claimed lice and give euffidat seoriny to <br /> tdcamA and sudm dc�sld�or motunwefor Iort(10)drys son jwrTmn tkaaon�have tke same <br /> t) Defimk by airy gusesoscr ofUds kas oftbe taut%of ins gusanty,or the benbWcq or insolvency ofary <br /> guursofor• <br /> 20. REMEDIES FOR DEFAULT., <br /> UP-0e:occ rreaa of any stab wets of desalt desoribod in Psmpaph 19 bantod;Landlord shall have time <br />