Orange County NC Website
12 <br /> of this lease, it is understood and agreed that County shall have no obligation to <br /> rebuild, and , at the election of County or Tenant the lease may be terminated <br /> 25. Condemnation. If the whole of the leased property, or such portion <br /> thereof as will make the leased property unsuitable for the purposes herein leased, is <br /> condemned for any public use or purpose by any legally constituted authority, then in <br /> either of such events this lease shall cease from the time when possession is taken by <br /> such public authority and rental shall be accounted for between the County and the <br /> Tenant as of the date of the surrender of possession. Such termination shall be <br /> without prejudice to the rights of either the County or the Tenant to recover <br /> compensation from the condemning authority for any loss or damage caused by such <br /> condemnation. Neither the County nor the Tenant shall have any rights in or to any <br /> award made to the other by the condemning authority. <br /> 26. Assignment of Lease. The Tenant shall not assign, mortgage, or <br /> encumber this lease, nor sublet or permit the leased property or any part thereof to be <br /> used by others, without the prior written consent of the County in each instance. If this <br /> lease is assigned, or if the leased property or any part thereof, is sublet, or occupied by <br /> anybody other than the Tenant, the County may, after an event of default, as <br /> hereinabove defined, by the Tenant, collect rent fro the assignee, subtenant, or <br /> occupant and apply the net amount collected to the rent herein reserved. No such <br /> assignment, subletting, occupancy or collection shall be deemed a waiver of this <br /> covenant, or the acceptance of this assignee, subtenant, or occupant as tenant, or a <br /> release of covenants in this lease. The consent by the County to an assignment or <br /> subletting shall not be construed to relieve the Tenant from obtaining the consent in <br /> writing of the County to any further assignment or subletting. Provided, further, County <br /> shall not unreasonably withhold consent to assignment. <br /> 27. Assignment of Interest in Rents. The County shall have the right, <br /> without selling its fee interest in the leased property or assigning its interest in this <br /> lease, to assign from time to time the whole of the net rent at any time payable <br /> hereunder to persons, firms, corporations, trusts or other entities designated by the <br /> County in a written notice to the Tenant, and in any such case the Tenant shall pay the <br /> net rent, subject to the terms of this lease, to the County's designee at the address <br /> mentioned in any such notice for the period covered by such assignment. <br /> 28. Subordination to Future Mortgages. This lease shall be subject and <br /> subordinate at all times to the lien of mortgages which hereafter may be made a lien on <br /> the leased property by the County or his assigns. Although no instrument or act on the <br /> part of the Tenant shall be necessary to effectuate such subordination, the Tenant will, <br /> nevertheless, execute and deliver such further instruments subordinating this lease to <br /> the lien of any such mortgages as may be desired by the mortgagee, provided <br /> mortgagee shall agree to and shall execute an attornment agreement suitable to <br /> Tenant. <br /> 29. Exoneration from Liability. The County shall not be liable for any <br /> personal injury to the Tenant or to its officers, agents and employees, or to any other <br /> occupant of any part of the leased property, irrespective of how such injury or damage <br /> may be caused, whether from action of the elements or acts of negligence of the <br />