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

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the term hereof; provided that no action of Landlord in repairing or restoring the Premises or concerning work in other space of the Building shall be deemed a breach of this covenant, or give Tenant any right to modify this Lease either as to term, rent or sums payable, or other obligations to be performed. 15. SUBORDINATION;ATTORNMENT. Tenant agrees that this Lease will neither be subordinate or superior to any mortgage heretofore or hereafter executed by the Landlord covering the Premises,depending on the requirements of such mortgagee. On request, Tenant will execute such agreements making this Lease superior or subordinate as Landlord's mortgagee may request, and will agree to attom to said mortgagee providing the mortgagee. agrees not to disturb Tenant's possession hereunder so long as Tenant is in compliance with this Lease. Landlord consents to Tenant's execution of Landlord's mortgagee's subordination, attornment and non-disturbance agreement, and to be bound by the provisions thereof. Further Tenant agrees to execute within five (5)days of request therefor, and as often as requested, estoppel certificates setting forth the facts with respect to date of occupancy,termination date of this Lease,the amount of rent due and date to which rent is paid, whether or not it has any defense or offsets to the enforcement of the Lease or knowledge of any default or breach by Landlord, and that this Lease is in full force and effect except as to any modifications or amendments, copies of which Tenant shall attach to such estoppel certificate. Tenant agrees to attom to any successor of Landlord. 16. SIGNS. Tenant may not erect, install or display any sign or advertising material upon the Premises,the walls thereof, or in any window therein,without the prior written consent of Landlord, such written consent shall not be unreasonably withheld. 17. DEFAULT. If Tenant: (a)fails to pay all rent as provided in this Lease; (b) breaches any other agreement or obligation herein set forth, Landlord may terminate this Lease. 18. CONDEMNATION. If all of the Premises or such part thereof as will make the same unusable for the purposes contemplated by this Lease be taken under the power of eminent domain(or a conveyance in lieu thereof),then this Lease shall terminate as of the date possession is taken by the condemnor, and rent shall be adjusted between Landlord and Tenant as of such date. If only a portion of the Premises is taken and Tenant can continue use of the remainder,then the Lease will not terminate, but rent shall abate in a just and proportionate amount to the loss of use occasioned by the taking. Tenant shall have no right or claim to any part of any award made to or received by the Landlord for any taking, provided, however,that Tenant shall not be prevented from making a claim against the condemning party (but not against Landlord)for any moving expenses, loss of profits, or taking of Tenant's personal property to which Tenant may be entitled. 19. MISCELLANEOUS. Headings of sections are for convenience only and shall not be considered in construing the meaning of the contents of such sections. Each of the Landlord and Tenant respectively represent that each has the lawful authority to enter into this Lease and by signing it in their name as set forth below,to be legally bound in accordance with its terms and conditions. 20. OPTION TO EXTEND. Provided that Tenant has fully complied with all the terms and conditions of this Lease and is not then in default under any term or conditions of this Lease and is not then in default under any term or condition hereof, and provided further that Tenant gives Landlord at least one hundred twenty(120) days prior written notice of exercise of this option to extend, Landlord hereby gives to Tenant the right to extend this Lease for a term of 2 years,this extended term to expire (unless sooner terminated as in this Lease provided by reason of default on the part of Tenant) on 30 June 2002. All the terms and conditions of this Lease shall remain and be in effect during the extension, save and except that the rent to be paid by the Tenant during such extended term shall be an C:W1SOF FIC E1W IN W OR MRLEASE.DOC 4