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NORTH CAROLINA <br />CABARRUS COUNTY <br />LEASE <br />THIS LEASE AND AGREEMENT made and entered into this 1 of <br />November, 2012, by and between Farrar Griggs, Jr., of Cabarrus County, North <br />Carolina (hereinafter referred to as LESSOR) and Salisbury -Rowan Community <br />Action Agency, Inc., a North Carolina Non -Profit Corporation, of Rowan County, North <br />Carolina (hereinafter referred to as LESSEE): <br />WITNESSETH: <br />LESSOR hereby leases unto LESSEE certain premises hereinafter described, <br />subject to the terms and conditions hereinafter set forth, said LESSEE accepting the lease <br />and covenanting to observe such terms and conditions. <br />I. DEMISED PREMISES: <br />The property leased is described as that office duplex space bearing an address of <br />1413 Sedan Avenue, Kannapolis, NC 28083 and consisting of a private %Z bathroom, <br />three executive offices, a reception area and clerical office and a conference room, and <br />excepting that vault space contained therein, which is retained for use by LESSOR. <br />LESSEE shall also have shared access for its employees to the kitchen/break room. An <br />outline of the space is attached as Exhibit A. <br />TO HAVE AND TO HOLD said premises under this Lease under the following <br />terms and conditions: <br />2. TERM: <br />LESSOR shall lease the property to LESSEE, together with all the appurtenances, <br />rights, privileges, and easements thereunto belonging or in any wise appertaining, which <br />leasehold interest shall be subject to such easements and rights of way as exist at the time <br />of execution of this Agreement. The specific term of the lease shall be as follows: <br />(a) Term. This Iease shall begin as of the 1st day of December, 2012, and <br />shall exist for a period of two years to and including the 30th day of <br />November, 2014. <br />Attachment number 2 <br />G -2 Page 376 <br />