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presently leased by Georgia - Pacific Corporation , a Georgia <br /> corporation , whose principal place of business Os is 133 Peachtree <br /> Street , N . E . ; Atlanta , Georgia 30303 , pursuant to an unrecorded <br /> Lease Assignment and Assumption Agreement , a copy of which is <br /> Exhibit D . <br /> b . The lease between the Industrial Development <br /> Corporation in the County of Orange and Georgia - Pacific <br /> Corporation expires. midnight October 1 , 1997 or on a date sooner <br /> than that if bonds issued by the Industrial Development <br /> Corporation in the County of Orange , North Carolina are fully <br /> paid and retired , in which event the lease expires on the date <br /> they are fully paid - and retired . Further , the lease between the <br /> Industrial Development Corporation in the County of Orange , North <br /> Carolina and Georgia - Pacific Corporation , upon its expiration , is <br /> automatically renewed or extended for not exceeding five <br /> additional terms of four years each unless notice is given in <br /> writing by Georgia - Pacific Corporation at least 30 days before <br /> the end of the expiration of the original term or any renewal or <br /> expiration term thereof , of its intention to terminate the lease <br /> at the end of such term , in which event the lease shall terminate <br /> in accordance with such notice . <br /> c . It is anticipated by Landlord and Tenant that <br /> Georgia - Pacific Corporation will provide notice to the Industrial <br /> Development Corporation in the County of Orange of its intention <br /> to terminate the lease between them at the * end of the original <br /> term . Further , at the expiration of the original term of the <br /> lease between the Industrial Development Corporation in the <br /> County of Orange , North Carolina and Georgia - Pacific Corporation , <br /> and contemporaneously with the bonds being fully paid and <br /> retired , a Warranty Deed of the Premises , which warranty deed <br /> - - . . . names Landlord as - the- grantee . . will. . . . b-e . . . .deliver.ed .. .. .to. . . . Landlor. d. . . .as. . . . . . . . . <br /> described in Exhibit B . <br /> d . Provided Georgia - Pacific Corporation effectively <br /> terminates the lease between it and the Industrial Development <br /> Corporation in the County of Orange effective midnight October 1 , <br /> 1997 , the original term of this Lease shall commence on • midnight , <br /> October 1 , 1997 and shall end at midnight on September 30 , 2007 , <br /> subject for the provisions of this Lease including particularly <br /> Paragraph .-. 11 hereof . This Lease shall , upon the expiration of <br /> the originals term , be automatically renewed or extended for not <br /> exceeding twos additional terms of five years each unless and <br /> until notice be given in writing by Tenant at least 30 days <br /> before the end of the original term , or any renewal or extension <br /> term thereof , of its intention to terminate the Lease at the end <br /> of such term , in which event the Lease shall terminate in <br /> accordance: with such notice . All such renewal terms shall be <br /> upon the terms and conditions herein specified or as otherwise <br /> agreed upon by Landlord and Tenant except that the rental during <br /> any such renewal term shall be in an amount equal to the fair <br /> rental value of the property as agreed upon by Landlord and <br /> Tenant . When used herein , the original term and the additional <br /> 3 <br />