Orange County NC Website
11 <br /> .t... <br /> • tw ''.{vt::it4nn 'ivi.w"tnx : i4Y:. <br /> i{{p� ..• ..:.'dCG ..'.� ?t,•. \'{�:+i4G.f': tK ... µ' •.. '.'...�' .. �X•''-:,. I' '7'iu..; :.•.�.•• <br /> ;::{n}..txw:• •}}f.}•nvx;}t:}}v{.•:;.uw .v. i}: :+i{.�.:.:;:: •• 't• •. <br /> NO <br /> ..M1: <br /> 'q;.w.:m!{{.:. ..'•:!i+!!{!.:•Yr:!•}CN:nwt.t.{i 'Y :•{ny:{r.{.. {ry.•:{.Y{•r}:i:•.}:•::?Hw+i+• .v'i:{.. Y-..... +9e <br /> .... i .:: <br /> .. h*]9i l..: "+++,'A:M6:Mr>YK2tiA}Y.•....+�Y. . <br /> ..:................:„ t,..•}:-..:.... .:♦ •:•iv:; .•_....• y: WIN <br /> 'h•.;.{... •n}..................:'. J, <br /> .Yi...Y. .... •:::.:.:. <br /> SY9.n<Sid+4r"ri+O•�RS•'{:5w':tG•l.S::iwF.:: •N'.'-.v..'`".':•.•n':.v` '”tx`:,..t..:.,..•:....,..::o}r.:.n•}:.•n-::5;:.: <br /> :••}:w:ti {x nxe+ •..... w?:ii.:::.;•:.;•.:r:::� ::->:cu;.....ii,:}.. E:,.; <br /> Effect € <br /> on the first day of each lease year after the first lease year <br /> ( "Adjustment Date" ) , the guaranteed rent shall be increased by <br /> the amount determined by multiplying the Initial Rental Rate by <br /> that percentage which represents any cost of living increase <br /> between the Commencement Date and the Adjustment Date. Such <br /> percentage shall be determined by utilizing the applicable <br /> indices determined by the United States Bureau of Labor Statistic <br /> (or its successor organization) through its Consumer Price Index <br /> entitled "United States City Average-All Items-All Urban <br /> Consumers Index. " Such adjustment shall be made effective as of <br /> the Adjustment Date, as soon as possible after the index for the <br /> applicable month is published, with any deficiency due and <br /> payable with the next monthly installment of rent. Anything <br /> herein to the contrary notwithstanding, in the event that the <br /> adjustment would reduce the monthly rent from the monthly rent in <br /> effect for the preceding lease year, no such adjustment shall be <br /> made and the rent then in effect shall continue through the next <br /> Adjustment Date. <br /> 3 <br />