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

Home Browse Search

nN 8 PaCF 86:. (c) No payment by Tenant or receipt by Landlord of a lesser amount than the monthly payment in this Lease shall be considered any thing other than a payment on account of the earliest rent due, nor shall any endorsement or statement on any check or any letter accompanying any check or payment as rent be deemed in accord and satisfaction. Landlord may accept such payment without prejudice to its right to recover the balance of the rent and to pursue any other remedy provided for in this Lease, or otherwise available at law or in equity. (d) All payments under this Lease to be made by Tenant to Landlord shall be made payable to, and mailed or personally delivered to, Landlord at the following address or such other place as may be designated in writing by Landlord: Finance Officer County of Lee, North Carolina 106 Hillerest Drive P.O. Box 1968 Sanford, NC 27331-1968 (e) If any rent or other payment under this Lease is not paid when due, it shall bear interest at a rate of ten percent (10%) per annum until paid, and in addition the rental payment shall be subject to a Twenty-Five Dollar (525.00) late service charge per month if not paid on or before the tenth (Io`h) day of each month. However, this provision shall not relieve Tenant from any default. (f) If applicable in the jurisdiction where the premises are situated, Tenant shall pay and be liable for all rental, sales and use taxes or similar taxes, if any, levied or imposed by any city, state, county, or other governmental body having authority, such payments to be in addition to all other payments required to be paid to Landlord by Tenant under the terms of this Lease. Any such payment shall be paid concurrently with the payment of the Rent upon which such tax is based. 4. ADDITIONAL RENT. All personal property taxes, charges, costs, and expenses that Tenant assumes or agrees to pay hereunder, together with all interest and penalties that may accrue thereon in the event of failure of Tenant to pay those items, and all other damages, costs, expenses and sums that Landlord may suffer or incur, or that may become due, by reason of any default of Tenant or failure by Tenant to comply with the terms and conditions of this Lease shall be deemed to be additional rent, and in the event of nonpayment, Landlord shall have all rights and remedies as herein provided for failure to pay rent. 5. DELIVERY OF PREMISES. If the Landlord for any reason cannot deliver possession of the Premises to the Tenant at the Commencement Date, this Lease shall not be void or voidable, nor shall the Landlord be liable to the Tenant for any loss or damage resulting there from, but there shall be an abatement of rent for the period between the Commencement Date and the time when the Landlord does deliver possession. Landlord shall provide to Tenant not less than thirty (30) days advance 3