2002 - 05-20-02 Regular Meeting - Laserfiche WebLink

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a~o;t 8 ~acl 860 STATE OF NORTH CAROLINA ) LEASE AGREEMENT COUNTY OF LEE ) THIS LEASE AGREEMENT, hereinafter referred to as the "Lease", is made and entered into this 201h day of May, 2002, between the COUNTY OF LEE, one of the counties of the State of North Carolina and a body both politic and corporate under the laws of the State of North Carolina, hereinafter referred to as "LANDLORD", and AMISUB OF NORTH CAROLINA, INC., a North Carolina corporation with its principle office and place of business at 1135 Carthage Street, Sanford, North Carolina, 27330, d/b/a CENTRAL CAROLINA HOSPITAL and hereinafter referred to as "TENANT"; and WHEREAS, Landlord and Tenant entered into an emergency medical services agreement as of May 20, 2002, pursuant to which Tenant will provide emergency and non-emergency medical services within Lee County, North Carolina; and WHEREAS, the Landlord is the owner of the premises hereinafter described and proposes to lease same to Tenant upon the terms and conditions hereinafter set forth; and WHEREAS, the Tenant is willing to lease said premises upon such terms and conditions; NOW, THEREFORE, in consideration of the respective agreements hereinafter contained, the Landlord and Tenant agree as follows: 1. LEASED PREMISES. The premises are described as a building of 7,280 rentable square feet situated on the 1.14 acre tract located at 1218 Central Drive, Sanford, NC, 27330, ("Premises") and also identified as Lot No. 2, Central Carolina Professional Park, Sanford, NC, and more particularly described in Exhibit "A" attached to this instrument and by this reference made a part hereof. 2. TERM. (a) The term of this Lease shall be five years commencing on the Ist day of July, 2002 ("Commencement Date") except as otherwise provided herein below, and expiring on the 30`h day of June, 2007, unless sooner terminated as provided herein. Notwithstanding said Commencement Date, if, for any reason Landlord cannot deliver possession of the Premises to Tenant on said date, Landlord shall not be subject to any liability therefore, nor shall such failure affect the validity of this Lease or the other obligations of Tenant hereunder, or extend the term hereof, but in such case Tenant shall not be obligated to pay rent until possession of the Premises is tendered to Tenant. (b) Should the Tenant hold over and remain in possession of the Premises after the expiration of this Lease without the written consent of the Landlord, such possession shall be as a month-to-month tenant. During such tenancy, monthly rent shall be payable in an amount equal to the rent paid for the last month of the term hereof r.14