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and vice versa, whenever the context so requires. <br /> <br /> 31. Holdinq Over. If Tenant remains in possession of <br />the Demised Premises or any part thereof after the expiration <br />of the Term of this Lease with Landlord's acquiescence and <br />without any written agreement between the parties, Tenant <br />shall be only a tenant at will and there shall be no renewal <br />of this Lease. <br /> <br /> 32. Nature and Extent of A~.re~ent. This instrument <br />and its exhibits contain the complete agreement of the parties <br />regarding the terms and conditions of the Lease of the Demised <br />Premises, and there are no oral or written conditions, terms, <br />understandings or other agreements pertaining thereto which <br />have not been incorporated herein. This instrument creates <br />only the relationship of Landlord and Tenant between the <br />parties hereto as to the Demised Premises, and nothing herein <br />shall in any way be construed to impose upon either 'party <br />hereto any obligations or restrictions not herein expressly <br />set forth. Specifically, nothing in this Lease shall be <br />construed to render the Landlord in any way or for any purpose <br />a partner, joint Ventura or associate in any relationship with <br />Tenant other than that of Landlord and Tenant, and this Lease <br />shall not be construed to authorize either Landlord or Tenant <br />to act as agent for the other. The laws of the State of North <br />Carolina shall govern the validity, interpretation, <br />performance and enforcement of this Lease. <br /> <br /> 33. Bindinq Effect. Subject to express provisions <br />hereof to the contrary, this Lease shall be binding upon and <br />shall inure to the benefit of the parties hereto and their <br />respective heirs, successors and assigns during the Term <br />hereof and during any extensions or, renewals of said Term. <br /> <br /> IN WITNESS W~.REOF, the parties hereto have executed this <br />Agreement pursuant to proper authority on the date appearing <br />in the notary acknowledgment for each. For purposes of the <br />calculation of any time periods as provided for herein, this <br />Agreement shall be deemed to have been entered into, and to be <br />effective, as of the date of notary acknowledgment of the <br />signature of the party last to sign (which such date shall be <br />inserted on the first page of this Agreement as the date of <br />same). <br /> <br />CABARRUS COUNTY, NORTH CAROLINA <br /> <br />County~nager <br /> <br />ATTEST: <br /> <br />17 <br /> <br /> <br />