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<br />r <br /> <br />~ i:n\, <br /> <br />fJ!t <br />~t, <br />f;,f" <br />';" J <br />I" 1'1 <br />)/1 <br /> <br />.. <br /> <br />~4 - 006459 <br /> <br />by Lessee Ih~rf()rming ,Ill o[ it~ obI ig.ltion:; 'lndcr this [,edse ilnd <br />b.i' giving written noliG'~ of its intention to c}:.~rcis'~ the ootion <br />to Les!.>or not lat~!r lll,ln U~~cel:lb\.~I: I, 1 'JUU. 1 [ the option i;' <br />exercised, <Ill of the t:el"ms <\lid provisiuns of this L(.!<.JSC shall <br />continue in full force .\IId effect <1S tl1011~lh thu oril]ilM1 term of <br />th is I.C'!dSl! extelllh',l to Ape i 1 10, 199.\, except. that upon L111~ <br />tcrr.llnation of such extende\l ten", the LI!~5eC :.;h<.1I1 have n,) <br />option to further extend this Agreement, and except the bc:l.!jic <br />relll: Bhall be <lujllSt\.!ll to reflo<:t .1 propot'tioniltn increase in thl' <br />cost of Ii v i n~ ilS indicateu by the U.~;. Bureau of, l.ilOOr' Stiltist lC:S <br />Consuml.!r Price lndex. Such adjustm~nt ShclIl be i.ecomplishcd by <br />multiplying the basic rCllt..l1 for the pl'im;lry term of this I.case <br />by a fraction, the numerator of which ShillI he such index as of' <br />the !:lost recent dutu prior to the renewc11 period ilnd the dCnOli'lin- <br /><Ilor o( which ~;h':lll bi' snch ilhlcx a:. of tht> mu!~t ('(lccmt d.ttc . I <br />prior to t.he execution of thi~ I.case. In no event, however, <br />~~il",ll the mi.nimum nmtal during th(~ sccond b-rr.l 1.it.~ less than the <br />rentLll during the primllL'y term. The cost of living index to be <br />u~ed \"ill be the ilverage. of the OflicL:d Con:.mmec l'rice Index <br />u.r.s. Average, all itt!ms published by the Uurcau of Labor St.atisti <br />u.S. Dcpartmcllt of Labor (19S7-19:;9=lOO). If su.;h Conumer ll'iicc <br />Index ~hall be di~contint\l!d; the T.amllord :.I1.:.a11 designate an <br />;Ippropr iate subst Hute ind,.x or formula hdvinq the same general <br />acceptance as to lIse and rcliilbiiity as the indcx aUov~ ~eferrea <br />to, anll such sub~titut(' ilHkx dwl J ll:w\.' thv !;itr.ll.'l effect afie"!f <br />5iTI"1l :'Ul)~Li..."i.,-, i...:.;;; :~,;.l ~:_-.'" "r;~!il,,:lly c\l:::imwledhercin. If <br /> <br />~::~ ~~~f~~~~~l O~~~~~ll i~oY~~~~~~~ ~;~~~c;.~~~~, t~~~IlL~~~e:a~.~;~=~. <br /> <br />Cl:, the firf;t- option 1 I1Cllldin<, .mother il,Jin::tll1pnl: of thcbilr.icf . <br />re:1t, for: one additiol1cll pt!cioclot five (')) yoi;trs to 1\pci13~:. <br />1')')9. 'rhis addltion.ll option mm;t be (.';.:er,:i;ed, if ell illl,oo:~\!'; <br />by Lc':i<;\.le ~ivill'J Wl il.ll.!l\ noli.:,! u[ I!Xcr':l:';c l.) J.t'~;S\)l' hy l)(~<:o~ <br />1, 1993. . <br /> <br /> <br />14. !~_~)_':.I_:?_Il~s..b. t~._ \P!!E.p.e ~~~l1J_t:_~E. J.:\::;.~;.':(~);!l_PaX!l~~;" of <br />Lc!5see <.19rel:!s to pay tht.:! rent without dC!l1<1od on the t\::rmsand <br />;,:o:h1iti()l~S h\.!n~il\abu\"! :a!t (ol.th ~Ind pcr(unu ;111 of the Leusue'n <br />ob1 i.lj:ltioIlS lIt1d...r thi:, 1,"~H;c, <.Ind, in the event the T.c::wp.e sll-a.llJ <br />t!1.!:dult, or fold to P,'l'[O(1'1 .:111 of the obl'igations rt::qlJirou undor <br />t '1<' t~rms 0 f I'll i;. l...'d 'j(', tho J,0S!;Ol" may IJ LVI' Ih!S!;f~C \-lr i ttun <br />Hot-ien of bn~<H.'h, ~;peci[yiBg the term or tern:. of th,~ Leau.Q Wh.lch <br />l.,,;,;sor clai':l~ to h.w\' b<.~(>ll bn';lchcu by Ll's!;ce'. \-lithin forty-tift <br />(,I S. d.,y~ .,f t,'r i t~; rcct'ipt ()[ !mr:h writt(~n notice of breach.. <br />Lj',,:>;;;I.!~ sh;lll Lab! th.;' 5 t<![J:;\ 1\\:l.:0t;Sary 1:0 'Cor n~ct ~..\ ill bre,"lch .tnd <br />.if LC:::ice LILl:; to c(>rrl.~ct .JIlY lI1l'ritorioU5 cl"il1 of hrc.,,:h within <br />sa id forty-I'ivc (4~) ctdY r>t!riou, Les~C;!e shall !)(.! deemed to me in <br />ilf.' f :Hll t anti th\! L~s$or then r.!.1Y in add i tion to other. r.o~diQ3 <br />l'rGvid(~d by 1.LW ;md othl'nvi:;..! hCl:cin :;et f.orth: <br /> <br />I i1) '1'ct'ni n';Ltc this L":<:HiC; <br />(b) He-ent.er thl.! prc!:lises; <br />(el Upon tcrr.lillatLon of the lease durilltJ the t.erm. <br />rc-lt!t the pl.'emist'$ (or the 1...!tHi(~\'l'!> i\CCOtmt. but <br />thp Le~;;.;or r;lwI1 not be obI il]i.ltLJd t.o re-let the <br />premises; <br />Ill) f.t'~;see "':lY stitl ((:1'10Vl! 0111 r'~dl <lnd pcr13on.Ll <br />[>ropc.rty from thc- re,1l ...!;t,ltr~ if l.hl..~ I,C'-ISC is <br />Lermin,\t('d hy default. but Oldy if .\11 .\cct'ulld rent <br />ili P,l id to the tink! of J:'l'hllJv,ll. <br /> <br />All not.i(;c~ :;el."v(~d Ulldl..!l.' this p.l.-.ltlr..~)h !ill;lll dl!~<) bl..' !;l'rv..-d Uj)lll\ <br />TIl...' ,~ tl.;11 j on,ll 1\,111% of Gr'l1Ic\ [:;1.llI<I, <br />C~""ftfl';;A" I,.... <br />l~l.nirrdill'J 1:!,f"I't. \II 1.",\';(' ^~.r,.t'II1t':Jl Thi" J.".I:;e ^'J["<,":Il1l;'IIt' <br />;,holl1 h..- llindLII'I'-,ii;'Jll ,,',j',j illll"- f I) thl' I""h..! it of lh,. h.-ir'" <br /> <br /> <br /> <br />..'~ <br />