Orange County NC Website
County and will be returned to the tenant at the end of the lease within 30 days <br /> providing that there has been no damage to the leased premises. <br /> (c)The Tenant agrees to pay the County without demand at its office, or at <br /> such other place or places.as County may from time to time designate in writing,the <br /> sum of$650 per month ($7,800 per annum), <br /> (d) The extension of time for the payment of any installment of rent, or the <br /> acceptance by the County of any money other than of the kind herein specified, shall <br /> not be a waiver of the right of the County to insist on having all other payments of rent <br /> made in the manner and at the time herein specified. <br /> (e) If any installment of rent is not received by the fifth (5th) day of any month <br /> it is due, Tenant shall pay as additional rent a late payment fee of Fifty Dollars <br /> ($50.00). This additional rent shall be due immediately without demand therefore and <br /> shall be added to and paid as a part of the installment payment of rent with respect to <br /> which it is incurred. <br /> 4. Holdover. If the Tenant shall remain in possession of the leased property <br /> after the expiration of the original or renewal period as set out above, such possession <br /> shall be as a month-to-month tenant. During such month-to-month tenancy, rent shall <br /> be payable at the same rate plus 50%as that in effect during the last month of the term <br /> immediately preceding, and the provisions of this lease shall be applicable. <br /> 5. Insurance. The County shall keep in force insurance to provide for i <br /> property damage to the building for replacement cost purposes. Provided, however, <br /> Tenant shall be responsible for and pay to County.any increase in County's insurance <br /> premium occasioned by the nature of the Tenant's business. <br /> The Tenant shall maintain fire and casualty insurance covering the Tenant's <br /> fixtures, equipment and other property located in the demised premises. <br /> Tenant shall keep the leased property insured, at its sole cost and expense, <br /> against claims for personal injury or property damage under a policy of general public. <br /> liability insurance, with limits of at least $1,000,000 for bodily injury and $100,000 for <br /> property damage. Such policies shall name the County as additional named insured <br /> under the policy. <br /> The Tenant shall provide the County certificates of such insurance at or prior <br /> to the commencement of the term of this lease, and thereafter within ten (10) days prior <br /> to the expiration of such policies. Such policies shall provide that the same may not be <br /> canceled without at least ten-(10) days prior written notice to County. <br /> 6. Rental Adjustment. In addition to the base rental, the Tenant shall assume <br /> and pay any additional fire insurance premium, hazard insurance premium, or other <br /> extended coverage insurance premium required as a result of any particular operation <br />