HomeMy WebLinkAbout2001 NS Purchasing - Horton Enterprises LLC for Lease of Central Orange Senior Center Location DRAFT
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LEASE AGREEMENT
THIS LEASE AGREEMENT("Lave")made and wac ed taw as of dw 12th day of Jwh ,2001,by and
between Hawn Bourp isea.L.G.C.,a North Carolina Itmioed liability any C";aWk and Cmty of
OraIe .a jY btg t wroixod wader We laws of North Cwdims (-Tamer)
WITNESSETFL
1.
a) ad hereby Lamas to Tent,std Tamar hereby accepts and rants
0aa laadlard am. , offiadwae6anx spew of which_4AW x*mm beat a mice spar mod_ft I
square Rol is warebw se space.The oRim mod watoLww speco sm harcumna cvlletedvety refuted to as
she'Premises".The Ptemiso motebic appr=6momidy 4AKO fed lowed in a building
(the°Sidldba) located at Meadotdaards ,
_,-HIiG aroo . wro w with the naaatetwire n to we pit
Shiro_ate_ __ Kees
driveways,buildlag,The Promises shown on the plan ataohed her oo as Exhibit . sine t0 there to the
b) The temt of this Lesae shall be for 60 essths bcgko&w an fib,{1 .2001
2. SECURITY DEXOMT:
I
Upon txeamon of this Leese.Tapes shall deposit with landlord S_z'930.06 se a Sonority Deposit for
the pecSotmance by Teahat of the provisiena of Sue boom.If Tarrant o In mt�iWtt,Lmdlatd may pee the
Security Deposit,at say on of it,w cute de de8uit a w nompemme LaarDmd for sty donor
sustdoed by Latedlad�(�g from Teoanah defink Tarot 3hai1 unewdixody a demand pap w Landlord
a arm equal to the portion of tlec Seasity Dapeait eapeoded or applied by Landloed so pravl8ed ie this
psapapb some to maintain the Security Deposit m the sum+initially depotBad with Land , Landlord may i
:e t1e Soaui w melee eepaiee necessary w the specs and dew the Premises.If Tama
is cwt in default at the scpastsns Dui or taminsdan of this Lent,Landlord shelf shorn the Socu iW Deposit to
Taunt Upon vaod-ofPeemiaee by Taunt,Lmndland may ore Security Deposh to make any repairs as
noted in ParapWk to"Taasd's CwmwM to Rope&." if Tatast has not sodshctorRy *dlowod the:
pco moos as m4 ndlaed in Panagtrph 10.In the evert Tetma Ms SAW to comply wich requ remerb of
Paragraph 10,LnxSwd my use alt or a portion of the Scouchy Deposit to ace Snob defandt
3. MRAIAtL NEI RENT. 1
Teams will pay Amaral Nat Rert of$ 47 wbiob is due sad�o on the�day of each
yew at the Lome However,for ww 16 ecrasameat of tiw Tsowntls fm Performance of all of its
alorta a us Puromid to the Lease,the Imdlord 6mvhy agroas dtet TonmA cow pay dw Annual Na Real in
12 cquai monthly installments of S_ dw on the Bast day of oath molds.The first moatlt's rats
dde5wuks,we Pa 21. *me�eds we to be and report�M Clear pia and ahv
W.C. 960 Carpasro Drive; Spite 102,HNabotvogN NC 2727$widwA dees�by Lw dkinL
without further notice from Imadlord andfa without amt off loy Tenant.
i
4. RENT,t 71 cTMi31�T5
Effective as of the beghming.of each lme Yaw during die term hmreof subsequent to die first Lease Yaw
and ehaittg cry.eimaiaim err nmorwd �aogowrt b tho firma Lome Y andl be nmdc a Ci
A2ustmoM of the sratml rod pays6lc h ronoder based on
"Opal a.Tdowd so aid ag an doxi as�Loo*Mae"
Aar aaaaal laasar ofd%.
erraraawai,
(-M'►
(4) Uw awas WOOS YasP ails}' •nor • pried w (02) ousewsaius dwas"
o"'miskdUaboasodes1wesswal sides, 111-d
tin 11-doollam
HO Awry delays or&drum adLoodlod in ary Lease Year in compacting or billing for ibe teat a4u twetas
herein above prwided,shail not constitute a waives of or in my way impair the oomiouiog obtigi ion
of Tewas to pay such tars 4uwmcm basandor.
5
S. Al;]-'ERATMM
a) Tenett shall berm the right iraide the Prcortscs6 a it own cost std axpwum and to it mood wotkmWOce
matutpc,to maim noo-staucnral thetsttoos,stint as eras shelves,tdi ran. nay and trade Axones as it
may deem advisahie and to mall*Paint+ley Saw covoings and install lode sad boles,provided:(I)idQ se
oommencing work on any aNtaatloes.Termot Sivas Ladlotd written ttotiee of all Ptepnad akQsdom and
gives Landlord mples of altleta I plans and speaificudoos Ar Lw dknb review;(H) Lattdlad,in bs
disackr4 after raviow of arc Tetmty proposed alteration place and spedgatims,provides Teases wrktm
consent and approval to begin work can the ahaadow(iii)dtq aitmssdors do not adversely at7ed the
atrucam of the Buiidotg,or adversely aPfed the rim ofolbor TcnwAK rv)Terwat reacser me Premises to
ndes�and condition regubatimst amid(j�roes not say Ike coaeabus� o1 w Aored
j b) Naswitws mg so the ednbary,awAsI hod in bills L zau:Q)Tamest is not to rarwevc any fixoew or
other Naas,W*Oog edby L.&odkwd m Tww6 behalf nt the temirrbon or eA ea"on of the Leese ar any atha
thane;std,r)Tarts ctrl bmsro the ri�r, so the teenemtiat or atpradw or rite Lease,m remove any
trade ffi km iatadled by Teoast,provided Ural prior to the Wash tiara or ecpxsd.of the L."Tesrat
taatesas the We aises to its com Nim prior to Such inswis on.
c) In the even dim Tenant does ea exacise its rW as dwaibed hw*K peks,to horminsdort or expiration of
�t�Nam shit amts w the bo i�sownci*tdi milord fixm�d
a) Temra shall use the Prembou for genard office mod warehouse pturimme s six do deemlo s d at solow for
rod hbr no otrr use wdbm t toe prior wftm consent of Landlord TloaW 4atnr agrees to
owopty wilb all taws,ordLraces,es*m code tegulafians, Americans with I)uoUll ins Act eegdah r^
regulations and awning requirements of any iav M governmental attthoeky,agency or other public or pivste
reptleaory etdhar*(odudM hnrutaWN orhderwrkax,--ACq al 6-raudtel or MlOg NWMA)IrAad
prodictim over the Prermbow Tah®t shall am and bold Landlord bamlees from any sad udl paralties,
&wk posts,expetras or d raw resulting Am fdlhre Mono cam*.Tarot do#not des any are or fellow
any practim rdaing w abe Premises,whidt shall constitute a nuisance or decant in any way slum the
reputation of the Building a a fuu class real Bate developmem Tmanth cosies in this regard sladl Include
m utts o+atpemeras at Truant's coda a for the proper straw aid timely dispnaai of mfava imV ms all
iamnedluely s4son0 adeaalb a a net and orderly om►dtian See 8om ntbbk and allowing no carious or
ofeurive odors,fuses,gsaes,smabt,dust.clam or vapors,or any load or disttrbieg noise ar vibrations to
otiginaue in or emb*ow,the premises.Tarot AM oat place,install or epesre en ie Ptamisss at in any part
of rite Building;say fimmos,straw or industrial stove,or cook Sr commercial primers thereon or*weK
withoud expoms corse nt ofbaodlturd.
b) 8A.?Aibltcrw_rr�ttrntC
The tam"Han rdou s St:betastzs,"as steed in rhos Lease.abdi include, without limitalica, flamumbiea,
e xploolves,radioamive meta kAk ssbestos„Pow btpbasgda(PCBsk churdeals known to cause
manor
or repvducdve tuckby, polbaatew. eamamlonaw haaasious wxoics. twdc aubatanss or Fulwed
materials,pen chum and petroleum produ"and substances dedavd to be irmdow or toxic alder ally law
or neprl lion sow or iraeaNa exerted or paaadseeed by snot gn ernnem dt su0mvity.
C)
0 Teumw shall not ante or permit to asst any violsdon of any Waal,sssue or load law,ordlnmoe,or
regula8an mow or hmowner craned, rel—A w eaviromocaal emditioos m, under, or about the
Promises,or wising Som Tassufs mtr or ocarpseq of the Premises,Including but not limited to,soil
WA grand wont cottdidona or
It) Tertad stroll mt rise,sorerae,More,mmwfbmre retitle,pmdam process,arxc.cr dispose of any
biaxardma Substance on,order.or aboru tw Premises,or the hsstgtorudm to or Gem the Premises of
any biatandmw Substance except as specificalty,diocka d in this i ease.
d) ElAnR NbAMAi CLEAN-UP•.
i) Tmar doo11,as'farm's own expare,comply with all taws-Wbsafrg the am gpurmian,staragy
oaoepcatadao,err dispnaal a6lbaardaa 9ubsoeoioas�'[iws"}
ii) Testae.shall,at TeeSd'a own c.pa�e.maim all rahnhissions to all inliamadon required by,and
bcon►PIY with all m of ail govatamaeW aehlarit+a(A�onB+'or"Autboeidai")under tor:
iii) Sbould any Audwrky or any txird paLy demand tins a doom*plan be ptnpaed and tut a dJwsn up be
dopasit,spill,dist>barga,or uWka telaaw of Hamrdoa Substances that
cocas durfag the tam of s Uwe,at or Sam the Promises.or wbiob wiaa at all time Sam Twom's
ore or ocmVw r,y of the Pteaalses then Totans AmIL at Tatwft own expense.prapre and submit the
d�plans and a ailed bonds and otbw 5mwraal aeaaystoa;and ahaN ewny ow all sueb
Phsaa.
iv) Terum aWl�y provide all nk matiat regarding the use, atataga,tr�oatdan,or
dlspoesl of Subnown tint is requested by LandlonL If esa>Y Silo to 91118lt any duty
in►potod umdw rids Pwthgrsph(d)-withle a ressmhable erne,Unsold may do so;and in such aw
Tmaat$1011 coopormu with Landlord to order to prepare ail doaascato Inxilosd deems seoaaary or
to rlawaim the iry of tits Lases to the Panniers and Tersatl usse tbacut and for
aoeop hence Mwtrcaith and T .ocxft all documents tromMy upon b.adlonds n+geaaL No
suit ashen by I.atedhocd sod no made by Laodland to ra' dsmaso tinder ally Lww alr11
oothuiaae a waiver of any of TaaoCe oblioeftee vender tbb Para (d).
Y) Teamth obligatiat$rod Ihabilkiee umdar lids Paa grapb(d)dtdl.wive ire ampisation of this Latex