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<br />LEASE AMENDMENTS PROCESSED FOR FISCALYEAR 1999
<br />AFFECTING MASTER LEASE ECONOMICS
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<br />::iIR Ul;A"UN Ul:1\L ""1: '''KM'' IMt:" . (from- 0 "'''M '" KL VAliIANl;E REP
<br /> 9~j5C!O ~ ,qqJ ,J 'If;lV, U;J III
<br />',--?'- 2nd Lse Amend. 4/28199, !llfm; !:xlended thru 8115199 wl10-5 yY opts; No Change - Kmart No Change . LL extended In order to evold
<br />~umsvllle, MN extends term & Increases !llfm; Ihru 11130198 w/l0-5 yr opts; 8llllI:.. Bw1t $397.500lyr, .%..BanI: REMAINS THE pays r/e taxes & Insures for flre & LL performs structufal KaUar Kmart baing deemed afjold-
<br />3163 fenl. $265~o'Oo/vr. %..&ot 1% Ovef $8.625M. SAME. assessment.s. Uabllltv. SG raDelrs; KM oarforms CAM. Aoo(d 1$132500\ over tenant. Desmond
<br />~ mainlalns common areas &
<br /> exterior portion of damlsed
<br /> premisas. and will reslore
<br /> to a claanlsafe condlllon.
<br /> After compleUon dale, KM KM shall reimburse LL 56% for
<br /> responslbla for CAM & SIC Improvements up 10
<br /> rapa\fs, and pays pro rala $1,445,305.
<br /> Amended/Restalad Lse, share of LL's oosls 10 Also. LL shall make,
<br /> 3130199, taase rastated In il No Change - Kmart Kmart Insuras for lire maintain Iha common Improvaments 10 lhe Kmart
<br /> anUrely provides for new !llfm; Ihru 8131104 wl9-5 yr opts; 8llllI:.. Iarm: New larm thru 3/31/24 w/5-5 yr opts; pays r/e taxes & & Uablllty. (Fol1119lly, araes. Also. LL shaII slore & KM wilt reimburse up 10
<br />3164 Laka Park FL, lerm & SIC Imorovemenls. $239ooolvr. % RanI, 1% > S8 625 000. Renl' $266 666"". .%..BanI: DELETED. assessmenls. LL Insured for aI/I. SGloN reolace roof. 10"/98 1$29 8861 $55OK. Moreland
<br /> LL agrees 10 1 J ranoval~ Dlog
<br /> exterior, 2) replace. roof by
<br /> 811/00. 3) overlay & rastrlpa
<br /> prk9 101 by 811/00, 4) replace
<br /> two exlsllng pylons w/one
<br /> monument sign, tf theY'fe
<br /> 5th Lse Amend, 1011/99; 10 !llfm; No Change; Bw1t KM Is also entllled No Change. Kmart No Changa . LL KM 10 pay pro rala share of removed due to cOnstruction,
<br /> provide for exteflor Term; Ihru 10131104 wlll-5 Yf opts; BBnl:.. \0 50% of Excess Rents, es deflned per pays fl. texas & Insur.s lor Ik. up to CAM. LL performs 5) demolished e~lstlng &
<br />3234 Wesllske, OH reno.allons. $275,OOOIvr. % Rent, 1% > $9M. Amend: % Rant, No Chanoe. assessmants. 80% & lIabllltv. SG structural rapalrs. LTKAIlIlr'd SO construct new 20 000 sl b1do Zahra
<br /> During canstrucUon, LL
<br /> maintains common aress &
<br /> exterior partlon of demised
<br /> pramlses, and will rastore
<br /> Amended/Resteted Lse, to a clean/safe candlUon.
<br /> 3130199, lease restaled In II IJllm: New term thru 3131/19 wI10-6,yr No Change - Kmalt No Change - LL After campletlon date, KM lL shall make Improvements 10
<br /> enUlely pro'lides lor new Imla thru 7/31/10 w/1l-5 l' opts; Ben!:.. opts; Bw1t $319,1931yY. ~ pays fla Iaxes & Insuras for fire up 10 responsible lor CAM & Ihe demlsed premlses'and KM
<br />3250 Weslervllle OH tarm & SIC Imoravame"ts. $3030ooM. % Rent, 1% > S9.75M. DELETED. 8ssessmenls. 80% & lIabllllv. SGloN rapalrs. 10/7/98 1$16.193\ will ralmburse uo (0 $1M. Moraland
<br /> During oonstrucUon. LL
<br /> maintains common areal &
<br /> eKler/or portion 01 demtsad
<br /> pramls.s, and will rastore
<br /> Amended/Restated Lse, to a claan/safa condition.
<br /> 3130/99, lassa feslaled In II !llfm; tIvu 2128101 w/l0-5 yY opts; Bw1t.. IJllm' New term Ihfu 3/31114 w/l0.5 YI No Change - Kmart Kmart Insur.. lor lira Aftar completion dste, KM LL shall make Improvemenls 10
<br /> antlrety provides for new S317,6OOIyr..%..BanI: 1% > $10,005,000' opts; Bw1t $317,6OOIyr. ~ pays r/e taxes & & lIablllly. (Formerly. responsible lor CAM & Ihe demised pramlses and KM
<br />3269 Lanlana FL lerm & SIC Imnrovemants. $17AM .5% > $17AM - $21.75M. DELETED. assassmenls. LL Insured for elll. SGtoN reDalrs. 1019/98 $0 will ralmburse uo to $1 M. Moreland
<br /> LEASE TERMS REMAIN THE SAME. LL
<br /> ls1 Lse Amend, 6/1/99, llmD; 7/1199 - 8130119 wl5-5 yr opls; BBnl:.. to expand bldg tnto 30,155 sf adjacent
<br /> LL's pymt to KM for $357,7651yr 11/1/98-711/99, $880,2931yY vacant spece. Upon campleUun. LL 10 pay No Change. Kmart No Change. Kmart
<br /> renovallons, change In thereafter. .%..BanI: 1% > 3rd lease y(s KM $1,261,991 for renovaUon ollhe space pays fie taxes & IlUIuras for fire &
<br />3282 Rochaster (Chllll, NY rent. .ales. KM will occunv. assessments. lIabllltv. N NIA $0 Naw Lsa axaculed 12196. Hermansen
<br /> . , No Change - LL renawsl, LL 8gre~. 10'. 1)
<br /> agrees to replaces roof In , No Chenga - Kmsrt
<br /> exchange for KM's aarly !llfm; tIvu 11130100 w17-5 yropts; 8llllI:.. !llfm; exlanded thru 11130105 wl8-6 yY opls; pays r/e laxes & lns....s lor flre up (0 LL performs slructural Kellar -.."
<br />3283 Mlllord OH opt. ranewal. $265 1701vr' %..Benl: 1 % ove'- S9M. D.n' ... OL D.n" REMAINS THE SAME. assessmenls. 80% & lIabllllv. G repairs' KM oarforms CAM. Avoid $0 imoravB n8VQ',-oJ. . '....J,. Zahra
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<br /> 2nd Lse Amend, 5111/99, !llfm; Extanded 1-5 yY opt lhru 11130/06 No Change - KM No Change. LL LL shall ,""k~ ' r)' ,: ~1s to
<br /> to axlend term and provide llmD; thru 11/30/01 w/3.5 yr opls; Bw1t.. w/2-5 yr opts remslnlng; Renl & % Rani' pays excess tax> Insuras for lira up to LL parforms CAM & PLL and cane' . ~han
<br />3381 Ft. Pierce FL for ImplOvaments. S207ooo/vr' 'lI. 1>...,. 1% ove"7M. NO CHANGE. taxes levlad In '75. 80% & lIabllll.. G structural raoslrs. NIA SO 811199. ,,",.,. Moreland
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