Agenda - 02-20-2007-5j - Laserfiche WebLink

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of the term of this Lease together with such Additional Rent and other fees, costs, charges, expenses and assessments, if any, as are required to be paid by Lessee pursuant to the terms of this Lease. Section 2.04 Lessor's Reserved Right of Entry. Lessor reserves the right to enter the Premises, without abatement of Rent, upon not less than twenty-four (24) hours prior notice to Lessee, to view the state or condition of the Premises or to make such alterations or repairs therein as may be necessary for the safety and preservation of the Premises, or for any other reasonable purpose. Lessor shall not be required to give the notice to Lessee required by this paragraph in the event of a bona fide emergency. Section 2.05 Restrictive Covenants. (a) Permitted Uses. Lessee shall use the Premises for general office and services (to the extent authorized to be performed by North Carolina local governments) purposes only and for no other purpose without the prior written consent of Lessor. (b) Prohibited Activities. At no time during the term of this Lease shall Lessee use or permit to be used any part of the Premises or the Common Area (i) for any purpose prohibited by state, county, municipal or federal law, ordinance or regulation, (ii) in any manner inconsistent with the terms, covenants and conditions contained in this Lease, the Condominium Declaration or the Regulations, or (iii) in any manner which shall increase the fire insurance premiums for the Building (or make such insurance unavailable to Lessor). (e) Simage. Lessee shall place no sign or signboard on the exterior of the Premises or elsewhere in, on or upon the Building or the Property without the prior written consent of Lessor, which consent shall not be unreasonably withheld. In no event shall Lessor approve any exterior signage that is inconsistent with the Plans and Specifications and/or the Condominium Declaration or that has not been approved by the Town of Hillsborough or any other governmental or regulatory authority if such approval is required. The cost of any sign or signboard, including installation, shall be paid by Lessee. (d) Inducement. The aforementioned covenants are inducements for Lessor to enter into this Lease, are of the essence, and shall be liberally construed in Lessor's favor. Section 2.06 Lessor's Warranties. (a) Warranties of Title. Lessor warrants that it has or will have, as of the Commencement Date), fee simple title to the Premises. (b) Quiet Enjoyment. Subject to all of the terms, conditions and covenants contained in this Lease and Lessee's compliance therewith, Lessee shall enjoy the quiet and useful benefit of the Premises during the term of this Lease free from interruption by Lessor or any person or entity claiming through Lessor. (c) Authori t . Lessor has the power and authority to execute this Lease and, subject to the terms, conditions and covenants contained in this Lease, to convey to Lessee the quiet enjoyment and use of the Premises warranted in paragraph 2.06(b). (d) Zoning, The Premises are, or as of the Commencement Date will be, properly zoned under the applicable municipal zoning ordinance for uses which include the use(s) specified in paragraph 2.05(a). -4-