1997 S Lease Agreement 112 North Churton Street

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5 and, upon completion of such examination if title is found to be satisfactory, shall tender the purchase price to Landlord, and Landlord shall thereupon deliver to County a good and sufficient Warranty Deed conveying the premises to the County free and clear of all encumbrances. All rent and taxes shall be prorated between grantor(Landlord) and grantee (County)to the date of delivery of the deed. County's notice of election to purchase pursuant to the right of first refusal granted herein shall be sufficient if deposited in the United State mail, postage prepaid, addressed to Landlord at Landlord's address contained in Paragraph 5 of this Lease concerning Notices, at or before midnight of the day on which the right of first refusal expires. 18. DISASTER RECOVERY PLAN. The County agrees that in the event of disaster which renders the Hillsborough Savings Bank facility at 260 S. Churton Street unusable for day-to- day business, Landlord may be open for business in the Premises for a period not to exceed 14 calendar days, at which time, in accordance with the Hillsborough Savings Bank Disaster Recovery Plan, operations will be moved to an alternative location. It is understood and agreed to that a mutually acceptable area will be designated for Landlord's operations in the front lobby of the Premises and to the extent possible, that said operations will not conflict with the daily business being carried out in the County's offices. Landlord agrees to compensate County at the then current square footage rate being paid by the County. 19. EQUIPMENT. The County chooses to maintain use of certain security equipment presently installed in the Premises and which is pertinent to the County's work which is intended to occur in the Premises. It shall be the responsibility of the County to pay costs of upkeep or maintenance contracts for equipment included as long as County chooses to use equipment for its operations. 20. ENTIRE AGREEMENT. This lease contains the entire agreement between the parties hereto, and no promises, agreements, conditions or stipulations not contained herein shall be binding upon either party hereto.