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<br />LEASE AMENDMENTS PROCESSED FOR FISCAL YEAR 1999
<br />AFFECTING MASTER LEASE ECONOMICS
<br />
<br /> RE(
<br />:;lK fYPE VLU ..:,,,,,: '''''I:'' rom- 0 ~ RE
<br /> During conslructloo, LL
<br /> maintains common aress &
<br /> exterior porllon of demlsad
<br /> premises. and will restore
<br /> Amended/Reslaled Lse, 10 e cleen/safe condlUon.
<br /> 3130199, tease reslaled In II No Change - Kmart No Changa - Kmart After completion dale. KM LL shall make Improvemanls 10
<br /> entirely provldea for new IlIIm: !hru 8/31102 wl9-5 yropts; BlllIt.. Iarm: New lerm Ihru 3/31/19 w110-5 yr pays rle Iaxes and Insures for flra & responsible for CAM & the demised premlsss and KM
<br />4442 Charlaston WV lerm & SIC imorovements. $207817/vr. onts; Rant $207 187/vr. essassmants. lIabllltv. N reoalrs. 10/9198 $630 will reimburse uo to $750K. Moreland
<br /> Before 8130100, LL shall 1 )
<br /> /1=1/ No Change - Kmart resurface & reslrlpe prkg lot, 2)
<br /> 10 If) q"J" sF <f~) responsible lor non- replace sidewalk, 3) replace"
<br /> ~. - $1-' slruclural repalra & 1/3 of rool, 4) replace all PLL.
<br /> maintenance; LL Upon completion, or 7/1100,
<br />0 Isl Amend, 1213199,10 IlIIm: exercised 2 opls.thru 10131112 wl9-5 No Change - Kmart No Change - LL responsible lor structural KM 10 pay for improvamants by
<br /> axtend larm, provide for IlIIm: !hru 10/31102 wl9-5 yropls; BlllIt.. yr opts (2 add') opls granled); BanIA..%. pays rle laxesand Insures for llablllly & repairs & malnlenance to deducllng from monlhly rani
<br />4485 Sioux Cllv. IA SIC Imorovemanls. $257.0151vr.. %..Bllot 1% > $8 340.000. Rant NO CHANGE. assessments. flre uo to 80%. SG bldo & oramlsas. 2/1199 . $0 unlll racouned. Lacv
<br />.1- Bldg: 147,018 d.; Rant $699,570Iyr. Yo. No Chenga - Kmarl No Change. LL Kmart rasponslble lor CAM
<br /> 1st Lse Amend, 11123/99, Bldg: 95,893 s.l.; Rant $573,323/yr. Yo. Rant 1% > $19,375,000; after open dl, 1% paya rle taxes and Insures lor flre & & expansion araa roof; LL Kmart to oonstruct an
<br />4745 Ashtabula OH 10 allow for bldn axnansloo. RA':;I' 1% over S19 375 000. > nross sales + $3M. assessments. "abllllv. SGloN rasoonslble for reoalrs. 7/99 (S126247' axnanslon of 50,499 so. II. Zahra
<br /> Sale/Purchase Agr,
<br /> 5120199; in which Kmart IlIIm: Ihru.11130106 w110-5 yr opls
<br />5660 purchased property & remaining; BAot Average $659,626/yr. per Kmart pllrt'.haRRd fAR 1"'BrAS. In thA rAAI Kmart pays rle tBX88 Kmart Irtsur8s for fire Kmart responsible tor CAM KM's leasa dalad 11/13/60
<br />, /35721 Tallahassee FL lermlnalad mastar Isa. Rani Schadula. InmnArlv and assessments. & lIobllltv. . N & reDS Irs. 3/8199 N1A lennJnated eft. 6/1199. Poole
<br /> KM's storafronl upgrade by
<br /> reducing rent by $10K/yr for
<br /> 2nd Lse Amand, 9117/99. IlIIm: Extended Ihru 10/31109 w110-5 yr naxl10yrs. By 11/15199, LL
<br /> 10 exland larm & provlda IlIIm: thru 10/31199 w110-5 yr opts opts ramalnlng; Rant $155,500lyr 11/1199- No Changa - Kmart No Chan9a - Kmart Kellar will also 1) rapair/rastrlpa
<br /> for LL's conlrlbullon of remaining; Rant S175,50O/yr; %..Bllot 1% 10/31109, $175,50OIyrdurlng remainder; %.. pays rle taxas and Insures for lira & Kmart responsible for CAM; Appr'd asphall, 2) raplace portion of
<br />7035 Farmlno!on, NM ranalrs. > $6 006,250. Rant No Channa. assessments. lIabllllv. sa LL rasoonslble for raoalrs. 6/3/99 5'10,000 rool. Lacv
<br /> Kmart rasponslble lor CAM,
<br /> -' rapalrs & accepts pramlsas
<br /> 3rd Lsa Amend, 12/29/99, IlIIm: thru 6/31101 w110-5 yr opls "as-Is". (Formarly, LL
<br /> elfacUve 111100, 10 exland ramalnlng; Rant S193,595/yr; %..Bllot 1% Imm: Ihru 5131111 w19-5 yropts ramalnlng; No Change - Kmart Kmart Insures for flre parformed repairs lor LL 10 pay Kmarl $525K bafora
<br /> term, Increase renl, convert > S7,015,ooo. $9,150,000, .5% > Rant $223,937Iyr, %..Bllot 1% > pays rIa laxea and & lIabilily. (Formerly, original bldg only, KM Kallar 9130/00, wllnlerasl, as
<br />7061 Naw ibarla LA la..a to NNN. $9150 000 -15 250 000. $22 393 690. assassmants. LL Insured for all'. SG to NNN arformed CAMi. Ann(d 1$30 342\ conslderaUon. Rudemlllor
<br /> aJIlg; 94,642 sf; IlIIm: !hru 10131120 w/10-5
<br /> yr opls ramalnlng (Opt 114'lor 4 yrs); BlllIt..
<br /> S195,942/yr -10/31105, S198,3421yr 1111105 Kmort rosponslbla for CAM
<br /> Amend/Reslatod Lsa, aJIlg; 71,657 sf; IlIIm: lhru 10131/00 wl9-5 10131115, $200,142/yr 1111115-10/31120; Yo. No Changa - Kmart Kmart Insures lor lire & repairs. (Formerly, LL .( Bofore 6130100, LL shall 1)
<br /> 6/17/99,10 reslole original 1~.:IS ramalnlng; Bent S193,842/yr.; Yo. Rant 1 % > $6,957,500, .5% > S9,575,OOO- pays rle laxas and & lIabilily. (FOr~:rIY. parformad repairs, KM 'S2100' ovarlay & reslrlpa asphall prkg
<br />7063 Morristown TN leasa. . 1 % > 16 957 500 .5% > S9.575 000. S15,l25,000. assessments. LL InBured for all . SG 10 NNN erformed CAMI. 4/99 lot, 2) raolaca roof. Rudomillor
<br /> Bafore 11/15/99, LL agroes 10
<br /> Kmarllo maintain 1) renovata stora fronts, 2)
<br /> bldro risk InB. during construct new pylon sign. 3)
<br /> 2nd Lsa Amend, 7112/99. aJIlg; 66,337 sf; IlIIm: Ihru 11130102 w110-5 aJIlg; Expanded 10 66,572 sf; IlIIm: \lvu No Changa - Kmart expansion. (Formely. Kmart also responslbla for Install new landscaping &
<br /> 10 allow for Kmart yr opls ramalnlng; Rant S210,075/yr.; Yo. 11/30117w/7-5 yr opls rem~I~.lng; BllIlI;.. paVs ria tax88 and lL Insured for fire up pro rata share of CAM for '$64050' upgrada prkg areas; 4)
<br />7071 Naoluno Beach FL axnanslon. IRA~t' 1% > 17.8M - 113.4M .5% > $13.4M. 274 125M: oJ,' RA~I' 1% > 7.6M. assessments. 1060% & lIaWIII"'. SG 8xDsnslon area. 1113197 unnrada PLl. Moraland
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