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PAGE 1 <br /> LEASE AGREEMENT 12c <br /> NORTH CAROLINA <br /> ORANGE COUNTY <br /> T EASE GREEr1ENT MAOE THIS . .2 C7 <br /> v�+Y �;F <br /> . .. HE_� , 1y. BET;IFEN (IRAAGE COUNTY, NORTH CAROLI,,4A. . 1-t(tSE <br /> PRINCIPAL PLACE OF BUSINESS IS 106 EAST r1ARGARtT LANE, HILLS00k0uC.h, <br /> NORTH CAROLINA, HEREINAFTER CALLED THE LESSOR AND JOINT ORANGE CHATHAM <br /> COMMUNITY .ACTION 'NHOSE PRINCIPAL OF PLACE OF BUSINESS IS: PITTSBORu, <br /> NORTH CAROLINA HEREINAFTER CALLED THE TENANT. <br /> NITNESSETH <br /> IN C-ONSIDERATIOPN OF THE MUTUAL BENEFITS TO THE LESSOR AND TO THE <br /> TENANT, AND OF THE CONVENA STS ANO AGREEMENTS UPON THE PART OF THE <br /> LESSOR AND THE TENANT TO BE KEPT AND PERFORMED, THE LESSOR NENEt3Y <br /> DEMISES AND LEASES TO THE TENANT, AND THE TENANT LEASES AND TAKES FROM <br /> THE LESSOR THE PREMISES SHOWN ON THE FLOUR PLAN ATTACHED HtRE TO AS <br /> EXHIBIT A AND BY REFERENCE MADE 4 PART HERE OF (HEREIN CALLED THE <br /> LEASED PREMISES) LOCATED AT: CEDAR GROVE MI.JLTIPURPOSF CENTER Ai(1RE <br /> SPECIFICALLY DESCRIBED IN EXHIBIT A, ATTACHED HERE TO 6E OCCUPIED A.10 <br /> USED AS A COMmU1)ITY CENTER AND FUR THE 7ERAS AND CONDITIONS HEREIN SET <br /> FORTH. <br /> ( 1 ) TERM OF LEASE: <br /> THE TER'n HEREOF SHALL COMMENCE ON THE FIRST DAY OF JA+QUAKY , 19).0) <br /> AND SHALL END AT 12: 00 MIDNIu T UN THE 30TH uF JUNE, 148£4. <br /> (2) RENTAL: <br /> TENANT SHALL PAY TO THE LESSOR THE SUv OF TWELVE THOUSAND, SIX <br /> HUNDRED, SEVENTY TO DOLLARS (12,672.00) PER ANNUM, PAYABLE_ IN <br /> MONTHLY INSTALLMENTS OF ONE THOUSAND, FIFTY SIX <br /> DOLLARS (1,056.00) EACH DUE UN THE FIRST DAY OF EACH MONTH, I. DVA.'*CE <br /> OUnING THE TERM OF THIS LEASE . THIS RENT SHALL 9E SUSPENDED IN FArtuP <br /> OF INKING CONTRIHUTIUN FROM THE LESSOR TO THE TENANT . <br /> (3) UTILITIES: <br /> THE TENANT SHALL PAY FOR ELECTRICITY AND FUEL FUR HEAT BASED O <br /> THE FOLLuaING FON+1ULA : TOTAL SQUARE FOOTAGE USED iSY TENANT (2rh14 SG. <br /> FT. ) DIVIDED eY TOTAL USABLE SiiUARE FOOTAGE OF THE BUILDINi; aHEPE THE <br /> LEASED PROPERTY IS LOCATED; (33, 773 Si. , FT. ) , TImES THE AMOUNT AS <br /> THE ELECTRICITY AND FUEL FOR HEAT BILLS RECEIVED HY THE LESSOR 0UKIvG <br /> THE TERM OF THIS LEAST FOR THE BUILDING AHFRE THE LEASED PROPERTY IS <br /> LOCA l E0. THE LESSOR SHALL SEND THE TEn;4AjT ON A TIMELY BASE= A <br /> STATC)1ENT ITEMIZING SUCH UTILITY CMARGtS. PNYwENT SHALL BE DUE TO Tr;E <br /> LESSOR ITHIN THIRTY (30) DAYS OF THE RATE ON THE STATE,ntNTS. Ti;E <br /> LESSOR SHALL PAY FOR ALL WATER AND SE LR CHARGES. <br /> O8 :27 : 48 01 JuN 1983 <br />