Agenda - 05-06-1991 - Laserfiche WebLink

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3 THIS INDENTURE OF LEASE, made on the day of May, 1991, by and between ELLIOTT CENTER INVESTORS, a North Carolina General Partnership, 400 S. Elliott Road, Chapel Hill, N.C., having its principal place of business in Orange County, North Carolina, hereinafter called the "Landlord" which term shall include its successors and assigns wherever the context so requires or admits, and ORANGE COUNTY herein designated as the "Tenant" which term shall include its successors or assigns wherever the context so requires or admits. WITNESSEfH: ARTICLE I GRANT AND TERM 1191ta t _uM 1-5-11V M-xl;A That for and in consideration of the sum of Ten ($10.00) Dollars and other valuable consideration each to the other in hand paid, and in consideration of the payment from time to time of the rents hereinafter stipulated and for and in consideration of the performance by the Tenant of the covenants hereinafter contained by the Tenant to be kept and performed, the Landlord has leased, let and demised and by these presents does lease, let and demise unto the Tenant, and the Tenant accepts from the Landlord, those certain premises, now or hereafter to be erected in the City of Chapel Hill, County of Orange and State of North Carolina, which premises consist of two contiguous spaces; one containing 6102 square feet of main level and, 1485 square feet of mezzanine floor area (collectively referred to as "Area 1 "); and the other containing 2938 square feet of main- level and 715 square feet of mezzanine floor area (collectively referred to as "Area 2 "), herein called the 'leased premises" or "demised premises ", as shown on sketch of premises attached hereto as Exhibit A. The use and occupation by the Tenant of the leased premises shall include the use in common with others entitled thereto of the common areas, service roads, loading facilities, sidewalks and customer car parking areas shown and depicted on Exhibit B and other facilities as may be designated from time to time by the Landlord, subject, however, to the terms and conditions of this agreement and to reasonable rules and regulations for the use thereof as prescribed from time to time by the Owner.