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THIRD AMENDMENT TO LEASE AGREEMENT
THIS THIRD AMENDMENT TO LEASE AGREEMENT (this "Amendment") is entered
into as of this ___ day of March, 2000, by and between (i) HPT SUITE PROPERTIES
TRUST, a Maryland real estate investment trust, as landlord ("Landlord") and
(ii) SUITE TENANT, INC., a Tennessee corporation, as tenant ("Tenant").
W I T N E S S E TH:
WHEREAS, pursuant to a Lease Agreement, dated as of November 19, 1997
(the "Lease"), Landlord leased certain property to Tenant and Tenant leased
certain property from Landlord, subject to and upon the terms and conditions set
forth in the Lease; and
WHEREAS, the parties hereto wish to amend certain provisions of the
Lease Agreement as hereinafter provided;
NOW, THEREFORE, in consideration of the mutual covenants herein
contained and for other good and valuable consideration, the mutual receipt and
legal sufficiency of which are hereby acknowledged, the parties hereto hereby
agree as follows:
1. The Lease Agreement is hereby amended by deleting the Exhibit A
Property Description for Albuquerque, NM attached thereto and substituting
therefor the Exhibit A Property Description for Albuquerque, NM attached hereto.
2. Landlord represents and warrants that no Landlord Default, as
defined under Section 14.2 of the Lease, has occurred or is continuing under the
Lease and Tenant represents and warrants that no Default or Event of Default has
occurred or is continuing under the Lease.
3. As amended hereby, the Lease Agreement is and shall remain in full
force and effect in accordance with its terms and provisions.
4. This Amendment may be executed in two or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument.
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IN WITNESS HEREOF, the parties hereto have executed this Amendment
under seal as of the date above first written.
HPT SUITE PROPERTIES TRUST
By:____________________________
Its (Vice) President
SUITE TENANT, INC.
By:____________________________
Its (Vice) President
ACKNOWLEDGED AND AGREED:
GUARANTOR:
SHOLODGE, INC.
By:_____________________________
Its:_______________________
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Exhibit A
The Premises
[See attached copy.]
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LEGAL DESCRIPTION
X-0
Xxxxx X-0 as shown on Plat Tracts A-1 & A-2 (Formerly Tract A), Sandia
Foundation-A.M.A.F.C.A. Subdivision, Section 10, Township 10 North, Range 3
East, N.M.P.M. Albuquerque, Bernalillo County, New Mexico, said plat being filed
in the office of the County Clerk of Bernalillo County, New Mexico on August 26,
1999 in Book 99C, Page 247.
Subject to and together with all easements and other matters shown on
the plat.
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