1997 S Lease Renewal Carrboro Senior Center space at the Arts Center

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-SO- 97 ORIGINAL SIGNATURES COPY 3 STATE OF NORTH CAROLINA DIST-- .. " LEASE COUNTY OF ORANGE qk THIS LEASE, made as of this 3C day of 4-e-- , 199 by and between The ArtsCenter, Inc., a North Carolina not-for-profit corporation, hereinafter called "Landlord", and the County of Orange, hereinafter referred to as"Tenant". WITNESSETH: Upon the terms and conditions hereinafter set forth,the Landlord rents to Tenant and Tenant rents from Landlord, property hereinafter defined and referred to as the Premises, as follows; 1. PREMISES. The property hereby rented to Tenant is: 2,122 square feet designated as areas#1,#2, #3,#4 and Kitchen on exhibit A,which is attached, in a building located at 300-G East Main Street, Carrboro, North Carolina 2. TERM. The term of this Lease shall be a for a period of three (3) years and shall commence on the first day of July, 1997. This Lease shall expire and terminate (unless extended as herein provided) at midnight on the last day of June 2000. In accordance with the requirements for obtaining State Senior Center Development grant monies, The Landlord shall allow the Tenant to renew this lease for an additional one year term. 3. RENT. a.) All rent payable by Tenant shall be without previous demand therefor by Landlord shall be paid in advance in equal monthly installments of$ 1,414.67. Each monthly installment of rent shall be payable on or before the first day of each calendar month during the term of this Lease. Rent shall be paid to the Landlord by United States mail sent to The ArtsCenter, Inc., 300-G East Main Street, Carrboro, North Carolina, 27510. b.) Rent Schedule: Year 1 through Year 3 $ 16,976.04 4. NOTICES. Any notices which Landlord or Tenant is required or desired to give the other shall be deemed sufficiently given or rendered if, in writing, is delivered personally or sent by regular mail, or if an event of default is claimed,then either delivered personally or sent by certified or registered mail, postage prepaid,to the address listed after the signature of the party to be given notice, at the end of this Lease document. Any notice given herein shall be deemed delivered when the return receipt therefore is signed, or refusal to accept the mailing by the addressee is noted thereon by the postal authorities. 5. USE AND POSSESSION. It is understood that the leased premises are to be used by the Tenant for general office purposes, for various programs offered to Senior Citizens and for a Senior's nutrition site. It is likewise understood,within scheduling constraints as specified in the "Scheduling*section of this lease,that meetings held by various County departments, Boards or Commissions are permitted and that the County may, upon approval of The ArtsCenter staff, utilize other areas of The ArtsCenter for the purpose of holding meetings or classes. Offices,Areas#3 and#4 as designated on Exhibit A,will be used exclusively by the Department on Aging. Tenant shall not use or occupy nor permit the Premises to be used or occupied, nor do or permit anything to be done in or on the Premises, in a manner which may (1) make void or voidable any insurance in force with respect thereto; (ii) result in any increase in the premiums charged for insurance, or cause Landlord to be unable to obtain at regular rates fire or other insurance Q VASOFFICE\W IN W OR=RLEASE.DM 1