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Page 2 of 12 <br /> <br />exclusive use of Orange County and will be returned to Tenant at the end of the Lease within 30 <br />days provided there has been no damage to the Leased Premises. <br /> <br /> <br />(c) The Tenant agrees to pay the County without demand at its office, or at <br />such other place or places as County may from time to time designate in writing, the sum Six <br />Hundred Five Dollars ($605) per month ($14,520) for the 24 month lease term, on or before the <br />fifth day of each month of the term. <br /> <br /> (d) The extension of time for the payment of any installment of rent, or the <br />acceptance by the County of any money other than of the kind herein specified, shall not be a <br />waiver of the right of the County to insist on having all other payments of rent made in the <br />manner and at the time herein specified. <br /> <br /> (e) If any installment of rent is not received by the fifth (5th) day of any month it is <br />due, Tenant shall pay as additional rent a past due payment fee of Fifty Dollars ($50.00). This <br />additional rent shall be due immediately without demand therefore and shall be added to and <br />paid as a part of the installment payment of rent with respect to which it is incurred. <br /> <br /> 4. Holdover. If the Tenant shall remain in possession of the Leased Premises <br />after the expiration of the original or renewal period as set out above, such possession shall be <br />as a month-to-month tenant. During such month-to-month tenancy, rent shall be the rent in <br />effect during the last month of the term immediately preceding. <br /> <br /> 5. Insurance. The County shall keep in force insurance to provide for property <br />damage to the building for replacement cost purposes. <br /> <br /> The Tenant shall maintain fire and casualty insurance covering the Tenant's fixtures, <br />equipment, and other property located in the demised premises. <br /> <br /> Tenant shall keep the Leased Premises insured, at its sole cost and expense, <br />against claims for personal injury or property damage under a policy of public liability insurance, <br />with limits of at least $1,000,000 for bodily injury and $100,000 for property damage. Such <br />policies shall name the County as additional named insured under the policy. <br /> <br /> The Tenant shall provide the County certificates of such insurance at or prior to the <br />commencement of the term of this Lease, and thereafter within ten (10) days prior to the <br />expiration of such policies. Such policies shall provide that the same may not be canceled <br />without at least ten (10) days prior written notice to County. <br /> <br /> 6. Rental Adjustment. In addition to the base rental, the Tenant shall assume <br />and pay any additional fire insurance premium, hazard insurance premium, or other extended <br />coverage insurance premium required because of any operation or use of said premises over <br />and above the insurance premium required to be paid by County in the absence of said <br />operation or use. <br /> <br /> 7. Signs. The Tenant reserves the right to install special signage it deems <br />appropriate to properly direct the public to the services offered at the Leased Premises. Any <br />special Tenant sign will be at the sole cost of the tenant but in the same styling, provided, <br />however, that the County shall not unreasonably withhold approval of such signs as Tenant may <br />desire. Signage must also be approved by the Town of Chapel Hill. Upon the termination of <br />6