Orange County NC Website
20 <br />against and hold it harmless from all liabilities arising from any such claim, including cost of <br />Landlord's reasonable attorney's fees. <br />The covenants and agreements herein contained are binding on the parties hereto, their <br />successors, assigns, and legal representatives. This lease embodies all of the understandings and <br />agreements of the parties, and the terms hereof shall not be changed or varied except by written <br />instrument signed by both parties. <br />18.5 VER I F AREA (2 238 SQUARE FEEM <br />The parties to this Lease agree and understand that the continuation of this lease <br />agreement for 2938 square feet of space (Area 2), pursuant to the term period set forth herein, <br />or any extension or renewal thereof, is dependent upon and subject to the availability of funds <br />from sources other than Orange County. If funding is not available and the County is unable <br />to sublease said space, the 2,938 square feet (Area 2) including associated mezzanine space (715 <br />square feet) will revert back to the Landlord without further rent liability to the County, except <br />as noted below. <br />The County and the Landlord agree that in the event the 2,938 square feet of space (Area <br />2) reverts to the Landlord, the County will ensure that an appropriately rated fire wall is <br />constructed along the pole line which separates Areas 1 and 2. The County and the Landlord <br />will share the cost of any new access that becomes necessary as a result of this action. Also, <br />rent for the mezzanine space over Area 1 will be paid by the Tenant as follows: <br />Lease year 1 through 3: <br />Lease year 4: <br />Lease year 5: <br />$4,452 /annum ($371 /month) <br />$5,148 /annum ($429 /month) <br />$5,436 /annum ($453 /month) <br />Also, agreed in the event that Area 2 reverts to the Landlord, the County shall supply <br />to Landlord or his Tenant of said space, heating and cooling to Area 2 for a pro-rata share of <br />related expenses to be paid by the Landlord or his Tenant. <br />