STATE OF NORTH CAROLINA MODIFICATION AND EXTENSION
OF LEASE
COUNTY OF MECKLENBURG
THIS MODIFICATION AND EXTENSION OF LEASE made this 13 day of
February, 1995, by and between X.X. Xxxxx (LANDLORD), and Xxxxxxxx Industries,
Inc. (TENANT):
WITNESSETH
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The parties hereto do hereby ratify and affirm the provisions of that
LEASE AGREEMENT, dated May 10, 1993 by and between the parties for the
premises known as 0000 Xxxxxxxxx Xxxx, and the MODIFICATION AND EXTENSION OF
LEASE through January 31, 1995 and the MODIFICATION AND EXTENSION OF LEASE
through July 31, 1995, which are hereby fully incorporated herein except for
the following:
1. The parties extend this LEASE AGREEMENT for an additional nine (9)
months beginning August 1, 1995 and ending April 30, 1996.
2. During this extension, Tenant shall pay to Landlord rental of
$51,562.53 in nine (9) monthly installments of $5,729.17 each.
3. Landlord will be able to take possession of the premises on May 1,
1996. From the date of this Modification and Extension through April 30, 1996,
Landlord may place signs on the property for sale or lease and Landlord may
show the premises to prospective purchasers or tenants all reasonable hours
upon reasonable notice to Tenant.
4. Upon Departure from the premises, Tenant will clean all warehouse
floors and leave them free of grease, oil, dirt and other foreign material
and Tenant will clean all carpeting in the offices.
IN WITNESS WHEREOF, this Modification and Extension of Lease has been
duly executed by the Landlord and Tenants as of the day and year first above
written.
LESSOR: X.X. XXXXX
By: (Signature of X.X. Xxxxx Goes Here
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LESSEE: XXXXXXXX INDUSTRIES, INC.
By: (Signature of Xxxxxx X. Xxxxxxxx, Pres. Here)
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