Orange County NC Website
4 <br /> EEALTDAW <br /> Commerelal/lulance <br /> 113 <br /> COMMERCIAL LEASE AGREEMENT <br /> (Multi-Tenant Facility) <br /> REALTORO North Carolina Association <br /> of REALTORS9 <br /> (Note: This form is not intended to be used as a Sublease and SHOULD NOT be used in Sublease circumstances) <br /> THIS COMMERCIAL LEASE AGREEMENT, including any and all addenda attached hereto ("Lease"), is by and between <br /> Hillsborough Business Systems,Inc. <br /> a(n)NC C Corporation ("Landlord"), <br /> (individual or State of formation and type of entity) <br /> whose address is P.O.Box 652,Hillsborough,NC 27278 -_ and <br /> Orange County <br /> a(n) ("Tenant"), <br /> (individual or State of formation and type of entity) <br /> whose address is P.O.Box 8181,Hillsborough,NC 27278 <br /> ❑If this box is checked,the obligations of Tenant under this Lease are secured by the guaranty of <br /> (name(s)of guarantor(s))attached hereto and incorporated herein by reference. <br /> (Note:Any guaranty should be prepared by an attorney at law.) <br /> For and in consideration of the mutual promises set forth herein and other good and valuable consideration,the receipt and sufficiency <br /> of which are hereby acknowledged,the parties hereto agree as follows: <br /> PREMISESIPROPERTY <br /> (Note:In this paragraph,Premises is the actual space being leased and Property is the broader site/location of the Premises.) <br /> 1. (a) Landlord leases unto Tenant, and Tenant hereby leases and takes upon the terms and conditions which hereinafter <br /> appear, those certain premises depicted on Exhibit A attached hereto and incorporated herein by reference (hereinafter called the <br /> 'Premises'),which is a part of a building or buildings located at the Property(defined below). <br /> The address of the Premises is: <br /> (Address):1510 Highway 86 North,Hillsborough,NC 27278 <br /> (b) The Premises is located at the following described property("Property"): <br /> (Address):19,764SFknownas Building 1-A <br /> Plat Reference: Lot(s) Block or Section as shown on Plat Book or Slide <br /> 39 at Page(s)33 , Orange County,consisting of 21 acres. <br /> ❑If this box is checked, Property shall mean that property described on Exhibit B attached hereto and incorporated herewith by <br /> reference. <br /> (For information purposes:(i)the tax parcel number of the Property is:9865-68-5784 ;and,(ii)some or <br /> all of the Property is described in Deed Book 233 Page No.554 ,Orange County.) <br /> All facilities furnished at the Property and designated for the general use,in common,of occupants of the Property and their invitees, <br /> agents or employees,including Tenant hereunder,including but not limited to parking areas, streets, driveways, sidewalks, canopies, <br /> roadways, loading platforms, shelters, ramps, landscaped areas, exterior water faucets, irrigation systems, exterior lighting fixtures, <br /> signs and other facilities whether of a similar or dissimilar nature ("Common Areas") shall at all times be subject to the exclusive <br /> control and management of Landlord, and Landlord shall have the right from time to time to change the area, level, location and <br /> arrangement of the Common Areas and to restrict parking by tenants and their employees to employee parking areas, to make Rules <br /> Page 1 of 13 <br /> STANDARD FORM 593-T <br /> North Carolina Association of REALTORS®,Inc. Revised 7/2018 <br /> � � 07/2018 <br /> REACTOR® Tenant Initials Landlord Initials <br />