11-15-21 BOC Regular Meeting - Laserfiche WebLink

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not in default under the terms hereof, shall remove from the Premises all Tenant's personal property in order that the Landlord can repossess the Premises on the day this Lease or any extension hereof expires or is sooner terminated. Any removal of Tenant's property by Tenant shall be accomplished in a manner which will minimize any damage or injury to the Premises, and any such damage or injury shall be forthwith repaired by Tenant at its sole cost and expense. 3. RENT. a. Tenant shall pay to the Landlord as base rent, without notice or demand and without abatement deduction or setoff, except as elsewhere provided herein, the equal monthly installments of$5,186.00 on the first day of each and every calendar month during the term of this Lease. b. No payment by Tenant or receipt by Landlord of a lesser amount than the monthly payment in this Lease shall be considered anything 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. c. 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 408 Summit Drive P.O. Box 1968 Sanford,NC 27330 d. If any rent or other payment under this Lease is not paid when due, it shall bear an interest rate of ten percent (10%)per annum until paid, and in addition, the rental payment shall be subject to a two-hundred dollar($200.00) late service charge per month if not paid on or before the tenth (10th) day of each month. However, this provision shall not relieve Tenant from any default. e. 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 expense 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, expense 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