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STATE OF NORTH CAROLINA <br />ORANGE COUNTY <br />LEASE AGREEMENT <br />THIS LEASE, made this 29~ day of June, 2000 by and between The ArtsCenter, Inc., a North Carolina not-for- <br />profit corporation organized under the laws of the State of North Carolina, having as its business address, 300-G <br />East Main Street, Carrboro, North Carolina 27510, hereinafter referred to as "Landlord", and the County of <br />Orange for it's Department on Aging, hereinafter referred to as "Tenant". <br />WITNESSETH: <br />In consideration of the mutual covenants and conditions set forth below, the Landlord rents to Tenant and Tenant <br />rents from Landlord, property hereinafter defined and referred to as the Premises, as follows: <br />1. PREMISES: The property hereby leased to Tenant is : 2,122 square feet designated as areas #1, #2, #3, #4 <br />and Kitchen on exhibit A, which is attached, in a building located at 300-G East Main Street, Carrboro, North <br />Carolina 27510. <br />2. TERM: The term of this lease shall be far a period of six (6) months commencing on July 1, 2000 and <br />continuing until December 31, 2000. This lease shall expire and terminate (unless extended as herein <br />provided) at midnight on the last day of December 2000. <br />3. RENT: All rent payable by Tenant shall be without previous demand therefor by Landlord shall be paid in <br />advance in equal monthly installments of $1,061.00. Each monthly installment ofrent shall be payable on or <br />before the first day of each calendar month during the term of this Lease. Monthly installments shall be paid <br />to the Landlord by United States mail sent to The ArtsCenter, Inc., 300-G East Main Street, Carrboro, North <br />Carolina, 27510. <br />4. NOTICES: Any notices which Landlord or Tenant is required or desired to give the other shall be deemed <br />sufficiently given or rendered if, in writing, is delivered personally or sent by regular mail, or if an event of <br />default is claimed, then either delivered personally or sent by certified or registered mail, postage prepaid, to <br />the address listed after the signature of the party to be given notice, at the end of this Lease document. Any <br />notice given herein shall be deemed delivered when the return receipt therefore is signed, or refusal to accept <br />the mailing by the addressee is noted thereon by the postal authorities. <br />