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0 <br />Landlord of Laizdlord's receipt of notice from Georgia-Pacific <br />Corporation of Georgia.-'Pacific Corporation's intent not to renew <br />s lease of: the Premi es.< In the event Tenant: shall fail to <br />,make any of the lease payments requr-ed, the payment. so in <br />default shall. continue as an obligation of Tenant until the <br />amount in default shall have been fully paid, and Tenant agree <br />to pay the ame with interest thereon at.NatonsBank's prime rate <br />plus l~ per .annum, until pa~.d: Reim payments-shall 'be made to <br />Landlord and shall be received on the due date at the Office of. <br />Purchasing and Central Services of Landlord or received <br />electronically on the due date in an account or accounts <br />designated by Landlord. <br />b. Tenant has a:ndi.cated 'ts interest in making <br />certain capital improvements to the Premises upon i:ts occupancy <br />of the Premises, which capital mprgvements, when completed,., will <br />be permanently affixed to `the Premises or to structures that, are <br />ion the Premises and will thereafter become a part of .the. <br />.Premises°; :For example but not byway of limitation, he roof to <br />'the. building may need to be replaced,. doors to the building may <br />need to b,e replaced and the gravel parking areas may bet er serve <br />Tenant's needs if some or-all of them are paved, and it may be <br />necessary or appropriate to remodel the office and bathrooms, <br />make:railroad spur improvements and connect the sanitary sewer <br />facilities to tYie public service provided by th.e Town of <br />Hillsborough. Landlord agrees to a rent set.-off for .any such. <br />capital improvements undertaken and completed by Tenant, and upon <br />Tenant' ubmitting proof of their cost to Landlord;, within the <br />fi,r;.sa f:ve.years of the original term up to a maximum of <br />$15:0, 000, .with rio mare. ,than $5'0; 000 ,set off in any one year.;. <br />provided, if Tenant expends: .more than ;$50,00:0 in one.year, the <br />excess may be carried over and, set off against rent in th.e <br />fo]:lowng Year(s) in all cases subject to the limitation. :that not' <br />more than $5U,00.0 will be set off on :any single year nor more <br />than $1.50,000 in the aggregate 'and no set offs will be taken <br />after the initial five years of the: term,.. <br />c,, The obligations of Tenant to make rent. payments <br />required shah be absolute and unconditional and.shall not be <br />subject to diminution. 'by set -off, counterclaim, abatement or <br />otherwise during the Term exaep a expressly provided in this <br />Lease, Nobhing contained in this subparagraph sYiall be construed. <br />to release Landlord from the performance of any o€ the agreements <br />on its part contained in this Lease; and in the event. Landlord <br />shall fail to perform any 'such agreement on its part, Tenant. may <br />in ti ute such action against Land ord as Tenant may deem: <br />necessary to compel performance ar recover its damages for non- <br />performance provided that. no such action shall violate the <br />agreement on the part of Tenant t;o unconditiona.lly make the' rent <br />,payments or diminish the amount of the rent payments... <br />d:. Tenant makes the following representations as an <br />inducement to and the basis f;or i s undertakings and Landlord's <br />agreement to lease the Premises to Tenant. These.repre'sen'tatiors <br /> <br />