Orange County NC Website
Browse       Search
ii <br />the Premises and $:4g0, 00q by .tie conclusion of its third -yeas of <br />occupancy of the Premises. <br />4,. Maintenance and Modifca ions. <br />ai, Tenant agrees that during the Term it v~ill, at ..its <br />:own expense, except as to rent set--offs expressly provided for in <br />this Lease., {i) keep'.the Premises in reasonably safe condition <br />and {ii} keep the building and all other improvements forming a <br />part o.f the Premises in good repair and in goad operating <br />cona.tion, making from time to time-:all necessary repairs 'theretq <br />{;:ncludi:n.g external. and structural repairs) and renewals and. <br />replacements thereof. Tenant may, also at. its own expense, make <br />from. time to time any additions, modifications or improvements to <br />the Premises it may deem desirable for its busines purposes that <br />do riot adversely affect the structural integrity of•any buildings <br />or sfiruc'Gures located on the Premises or s.ubstantial'ly reduce the <br />,. <br />value of the. Premises; provided that all.. such. additions, <br />modifications and improvements to the Premises shall, be located <br />wholly within the boundary lines of the Premises,. All such <br />additions, modifications and improvements so made by Tenant shall <br />become a part bf 'the Pre~iSes,• provided. that any item, of personal.. <br />property, machinery, equipment, furniture or fixture installed by <br />`Tenant. for its business purposes wi hout expense to Landlord <br />which does riot. constitute a part of the Premises,. may be removed <br />by Tena..nt at any time and from time to time 'while Tenant is not <br />in de`faul under this Lease; acid provided further:, -that. any <br />damage to the Premise"s occasioned by such removal shall be <br />repaired by Tenant at its own expense. Tenant will not permit <br />any mechanics' lien, security interest or other encumbrance to- <br />r:eiriain against the Prem_i.ses for labor or materials furnished in <br />connection with any additions; modifications, improvements;. <br />repairs, renewals or replacements so made by it; provided, that <br />i;f Tenant shah f rst notify Landlord of its intention so to do, <br />Tenant may iri good faith contest any. mechanises' or other liens <br />filed or est'alalished against the Premises, and in such event. may <br />perrni.t the item so contested to remain undischarged and <br />unsatisfied during the pexiod of such contest and any appeal <br />therefrom unless Landlord shall notify Tenant that,. in the <br />opinion of independent counsel, by nonpayment of any such. items; <br />Landlord's. tithe t+o t e Pr.emi es wi11 be materially endangered or <br />the.Premises-or any part thereof will be subject to :loses or <br />forfet.urie, in which event Tenant shall promptly pay and. cause o <br />be satisfied and discharge all such unpaid items. Landlord will, <br />at the expense of Tenant, cooperate fully with Tenant in any such. <br />lien contest <br />5. Taxes. Assessments and Utilities. Tenant wi11 promptly <br />pay, as the same become due, all taxes. and, other government. <br />charges of any kind whatsoever that may at any time. be lawfully <br />assessed or levied against or with respect to the Premises or any <br />interest thereiri or any machinery, equipment or other property <br />instal ed or located on the Premise including all ad valorem <br />a as the same <br />taxes lawfully assessed;. Tenant will. promptly p y, <br />7 <br />