Orange County NC Website
Browse       Search
4 <br />be due immediately without demand therefore and shall be added to and paid as a part of the installment <br />payment of rent with respect to which it is incurred. <br />4. Holdover . If the Tenant shall remain in possession of the leased property after the <br />expiration of the original or renewal period as set out above, such possession shall be as a month-to- <br />month tenant. During such month-to-month tenancy, rent shall be payable at the same rate plus 50% as <br />that in effect during the last month of the term immediately preceding, and the provisions of this lease <br />shall be applicable. <br />5. Insurance. The County shall keep in force insurance to provide for property damage to <br />the building for replacement cost purposes. Provided, however, Tenant shall be responsible for and pay <br />to County any increase in County's insurance premium occasioned by the nature of the Tenant's <br />business. <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 />Tenant shall keep the leased property insured, at its sole cost and expense, against claims <br />for personal injury or property damage under a policy of general public liability insurance, with limits of at <br />least $1,000,000 for bodily injury and $100,000 for property damage. Such policies shall name the <br />County as additional named insured under the policy. <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 expiration of <br />such policies. Such policies shall provide that the same may not be canceled without at least ten (10) <br />days prior written notice to County. <br />6. Rental Adjustment. In addition to the base rental, the Tenant shall assume and pay any <br />additional fire insurance premium, hazard insurance premium, or other extended coverage insurance <br />premium required as a result of any particular operation or use of said premises over and above the <br />insurance premium required to be paid by County in the absence of said operation or use. <br />7. Signs. The County will place and maintain in and about the leased property at <br />appropriately designated places, such neat and appropriate signs advertising the Tenant as such. Any <br />special Tenant sign will be at the sole cost of the tenant but in the same styling, provided, however, that <br />County shall not unreasonably withhold approval of such signs as Tenant may desire. Upon the <br />termination of this lease the Tenant shall remove all signs and repair any damage to the leased property <br />caused by the erection, maintenance or removal of such signs. <br />8. Repairs. The County shall maintain the roof and exterior walls of the demised property <br />including exterior paint, provided that in the event Tenant desires to alter the interior color scheme, said <br />alteration must be approved by County and shall be at the Tenant's expense. In addition, County shall <br />maintain the paved parking area and front entry to the building. The Tenant shall not cause or permit <br />any waste, damage or injury to the leased property. The Tenant, at its sole expense, shall keep the <br />leased property as clean and in good condition (reasonable wear and tear excepted), and shall make all <br />repairs, replacements and renewals, whether ordinary or extraordinary, seen or unforeseen, including all <br />structural repairs, necessary to maintain the interior of the leased property. All repairs, replacements <br />and renewals shall be at least equal in quality of materials and workmanship to that originally existing in <br />the leased property. The County shall be responsible for repairs and maintenance of the roof and <br />outside walls and other structural member, including the foundation of the leased premises. The <br />County shall be responsible for maintenance of the heating plant and air-conditioning systems in such <br />condition as existed at the commencement of this lease, which County warrants to be in good working <br />condition as of the date of this lease. The County shall be responsible for the removal of snow (in a <br />timely manner) from the parking lot and the walkways. The County shall in no event be required to <br />make any repair, alteration or improvement to the interior of the leased property. Any equipment <br />