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NORTH CAROLINA <br />COUNTY OF ORANGE <br />LEASE AGREEMENT EXTENSION <br />WHEREAS a lease agreement was made and entered into as of the 4T" day of October, 1993 <br />by and between the County of Orange, (the County) and the Horton Enterprises, LLC, and <br />subsequently transferred to David L Rhodes (the Owner) effective May 6, 1999 upon sale of <br />property, for a building at 110 S. Churton Street, Hillsborough, NC to be used for County office <br />space; <br />WHEREAS, the County and the Owner mutually agree to the following: <br />The lease agreement will be continued for a period of seven months commencing <br />on December 1, 2003 and ending at 12:00 midnight on June 30, 2004. <br />2. Section 3 "Guaranteed Minimum Rent" shall be modified to read: The County <br />agrees to pay to the Owner at the office of the Owner or other address as may be <br />designated, an amount equal to $5,566 per month. <br />3. All other terms and conditions shall remain the same. <br />This agreed to the <br />County of Orange <br />By: <br />day of , 2003. <br />Margaret W. Brown, Chair <br />Attest: <br />Donna S. Baker, Clerk to the Board <br />Owner <br />By: <br />David A. Rhodes <br />Witness: <br />