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AMENDMENT TO LEASE , : .jJ ;'./.: ... jf ..~ ~ ,'~~i~ f.:' t.:.$'": g...."....... j,., ~Cj-.J2 ,,.. ...' C!1 .:1 S:;;I ...: i~ ......'.., _~. "". 1"'.' ,,,;;J I, ~~--..j, ~ j " ():')!" ~ ....-: ~) '4f""" .... .( , I .. AMENDr.fENT TO LEASE WHEREAS, GERTRUDE S. NALL, joined by her husband, JAMES B. NALL, (hereinafter referred to as "Lessorll), and ALBERT L. ROGERO, JR., Trustee, (hereinafter referred to as IlLesseell), did enter into that certain Long Term Lease bearing date of the 19th of July, 1973, recorded in O. R. 4102, Page 819, Public Records of Pinellas County, Florida, which Long Term Lease was guaranteed jointly and severally by J. A. H.l\DLEY,/ALBERT L. ROGERO, and HELEN S. ROGERO, (hereinafter referred to as Guarantors); and, WHEREAS, Lessor, Lessee, and Guarantors desire to amend said Long Term Lease; NOW, THEREFORE, in consideration of the premises, it is hereby agreed by Lessor, Lessee, and Guarantors that said Lease be and the same is hereby amended as follows: 1. Article I of said Lease, which incorporates the legal description described on Exhibit IlA" thereof, is hereby amended to change the description of the real property which is the subject of the Lease by adding the following words to the description of said real property as it appears on Exhibit "A" as follows: Less and except those lands leased to Payless Stations, Inc. (formerly Th6rnton Oil Company .. of Kentucky, Inc.) as shown in Memorandum of Lease recorded in O. R. 3002, page 150, Public Records of Pinella~ County, Florida. 2. Said Long Term Lease is hereby further amended by deleting subparagraph A, 2, of Article III of said Lease and inserting therein in place thereof the following: Rental for the second, third, and fourth years of the term of this LEASE shall be the sum of NINETEEN AND NO/IOO ($19,000.00) DOLLARS for each of said years. (The sum of $19,000.00 is referred to herein as "base rental.") 3. Said Lease is further amended by deleting subparagraph A,3, of Article III thereof in its entirety and substituting in place thereof the following: 3. After the end of the fourth (4th) year of this term, Rental shall be adjusted and paid as follo~s: The U. S. Department of Labor, Bureau of Labor Statistics "Consumer Price Index for ~Kt!It511 8 ~.~~ ~ . C~.~J]~~_~ Ur~~nA~~<< -f.a.rfWi.s(}.l;;d 'Cle ric' Workers" as of ~~ shall U~ used as the "base index" and shall be used as a base for termining future rental. After the fourth (4th) year of the term, the "base rental" of NINETEEN THOUSAND ($19,000.00) DOLLARS per year shall be increased or decreased by the same percentage of increase or decrease which is determined by comparing the "base index" with said "Consumer Price Index for Urban Wa.ge Earners and Clerical Workers" for the last month of the first four (4) year period of this lease. The adjusted rental thus determined shall be the rental for the next ensuing three (3) years of the term. Thereafter rental shall be adjusted at the end of each three (3) year period of the term except that such future rental ad- justments shall be determined by comparing the "base index" with the said "Consumer Price Index" for the last month of the last immediately past three (3) year period. I Adjustments in rentals shall be paid with the next ensuing payment of rentals. It is understood and agreed, however, that in no event shall the rental for the fifth (5th) through fifty-fifth (55th) year of this lease be less than the sum of NINETEEN THOUSAND ($19,000.00) DOLLARS per year. Rental shall be paid in advance in quarter- annual installments during the term hereof. de- If said Index shall no longer be published, then another index generally recognized as authoritative shall be substituted by agree- ment, and if the parties shall not agree, such substituted index shall be selected by the then presiding judge of the Circuit Court of the Sixth Judicial Circuit in and for , Pinellas County, Florida~ upon the applicatio of either party. In any event, the base used . ~ by any index or as revised on the existing index shall,be..reconciled A~, o~ ,th, e index P12/' ", s,he,' ,,' , " as of~Xh&:"kXx (fP- 1, 1971.0~ As is hereby amended and modified, sai;-t.;~~~ ~~s'V agreement is hereby confirmed by Lessor, Lessee, and Guarantors, ~ndall of said persons agree that they are hereby bound by said Lpng Term Lease as hereby modified and amended. IN WITNESS WHEREOF, Lessor, Lessee, and Guarantors have executed this Amendment on the dates upon which their acknowledgments -2- STATE OF FLORIDA COUNTY OF PINELLAS On this the;7 day of ~ before me, the undersigned authority, persona 1y S.NALL and JAMES B. NALL, her husband, known to I Signed, sealed, and delivered by Lessor in the presence of: cZ}~0 ~J I;;~ Signed, sealed, and delivered by Lessee in the presence of: 0" \ \ (fl-., c ~ '.' / ,'- '- " . . , C--.. ,-,--L_.:> Signed, sealed, and delivered by Guarantors in the presence of: %-:~_. ~ . '.' '.. "{Y"tJ" , .... ?4'" \'" ~' ,', ~. ;;Z~--/~ ~~". r2/~~~ UU:~ (21"" ~" ;;t I' ~ .' ..." , LESSOR (SEAL) (SEAL) GUARANTORS m~t~~~ebid~~i~;) and as Trustee '. '.. ." .. I i (SEAL) (SEAL)I " -:z~~,G2~ I I (SEAL: I , 1 97 ~. , appeared GE1TI1tUDE me to be the persons -3- I I ~l " whose names are subscribed to the \~ithin instrument and acknowledged that they executed the same for the purpose therein contained. IN WITNESS WHEREOF, I have hereunto set my hand and official d~ !/ ~4lY'~~ ota ' u lC STATE OF FLORIDA COUNTY OF PINELLAS On this the '~'~ay of 1):l.tld/f/1. , 197\!~ , before me, the undersigned authority, persona Y aB eare ALBERT r:-ROGERO, JR., individually and as trustee, known to to be the person whose name is subscribed to the within instrument as Lessee and Guarantor and acknowledged that he executed the same for the purpOse therein contained. My Commission Expires: NOTARY PUBLIC. ~TATE of FIJJR'Oil ~t L"~GE MY COMMISSION EXPIRES i.lAR, -', VJ77 Bonded Thnl QenereJ Jnsu~'l:':nLe I,t nr.~,-' ~ '.-.' , f"';' . IN WITNESS WHEREOF, I have hereunto set my hand and official (~~)-S7'-'7.. <CD /:J ~~-{ .c-i!-~C, ~ (~.:::-~ Notary Public My Commission Expires: STATE OF FJ ,", /~-7--7-'--~ COUl'/TY OF $k.t-&'.;.~ ,; On this the~C;" day of ~>t/ . 1973> -: before. me, the undersigned{authority, personally appeared J. A. HADLEY, known to'me to be the person who acknowledged 'to me that he is one of the Guarantors ~f the foregoing instrument and has executed the same for the purpose therein contained. Notary PLIOI:, ~',\, My '-;Jnluli;:sl:il ~<.:: :;". u':r~~ -" f.?E;L ~7f" 191B seal. IN WITNESS WHEREOF, I have and official My Commission Expires: ;;1;,:;2,//(; STATE OF FLORIDA COUNTY OF PINELLAS On this thec~ff day of ,J;i/-za..d.vz.. , 197 j-~" , before me, the undersigned authority, persona y peare BERT ~OGERO and HELEN S. ROGERO, his wife, knolffi to m to be the persons who acknowledged to me that they are two of tfie Guarantors of the foregoing instrument and have executed the same for the purpose therein contained. seal. IN WITNESS WHEREOF, I have hereunto set my hand and official (~, -..'-~~~ '/:" I .. ---~,' -, "'-_':>:/E/, ,-,,-,,\ ~-~ /. / ,J :::~CZ-- 'ZLC<. e-<.. --.' \, o-.::?-:;? Notary Public Not2ry 1':,' "~' ,; -4- j',1y C0;,I~;I'i:. :,~: ;,.!, ~;,:... My Commission Expires: