HomeMy WebLinkAbout1071a ~n M a
~ $OOK ' ~1.~ PACE4V5
(THIS RIDER SST #2 TO BE ATTACHED. TO AND 2;ADE A PART OF i,EASE
DATED rIOVEMBER 1 ~ 1962 BETWEEI3 THE FIRESTONE TIi;E & RUBBER COI~IPAIJY
AND E. C. COLLIIdS, ~R. AND P•1ARILLA G. COLLINS, HIS WIFE)
24-B. LANDLOF~ has furnished to TENI-NT storm shutters to be used in
the event of a hurricane or hurricanes and the shutters are to
be storeal upon the demised premises. TENANT shah have sole
• responsibility for the erection or placing of such storm shutters
and any expense required for such erection or placing shall be
paid by Tr,NAIv`T.
24-C. TENANT shall not handle gasoline, prior to JanuarS• 1st, 19839
on these premises unless it is the brand of gasoline distributed
by the American 011 Company from whom L1~NDLORD purchased the
premises described as Parcel 2 in Section 2 hereof. TEI~Aiv"r may,
if TEI~;ANT elects, install gasoline handling facilities, or
arrange for them to be installed by the American Oil company,
and in such event, the ownership of said gasoline handling
facilities shall remain with tr.e party who installed them, and
that party shall have the right to reu~ove them at any time provided
it restores any damage to premises caused by such removal.
24-D. TEITAPIT is now occupying the parcel #1 described in Section 2
hereof under a lease from LA'VDLORD to TEI~:T's Predecessor, Great
Southern Stores, Inc., which lease has been assigned to TENANT,
with the consent of LAI~`DLORD, and which lease term extends to
September 30, 19659 in accordance with the lease agreement dated
July 229 19509 lease extension agreement dated August 20, 1955,
lease extension agreement dated Tidy 209 1957 and lease assignment
dated iiay 20, 1957. The lease and supplemental lease agreements
under which TEiJ.ANT is now occupying Parcel ~1 as described in
Section 2 hereof shall remain in full force and effect until the
date on which the herein lease term commences as hereinabove
described, and them the present lease and supplemental lease
agreements applying only to Parcel #1 shall be null and void a;~d
of no further force and effect.
24-E. COiiTINGENT RENTAL. In addition to the monthly rental payments
hereinabove provided for in this lease9 TENANT agrees to pay to
LAIiDLORD the following contingent rental payments based upon
net retail and net wholesale sales.
Said contingent rental shall be that sum by which three
(3~`~)
and one-half per cent/of annual "net retail sales" and
one per cent (1~) of annual "net wholesale sales" exceeds
the minimum guarantee paid annually under Section 5 of this
Lease,
the term "net retail sales" as uG~- in this lease shall 1-nciude
all retail sales and service for cash or credit rendered to the
pkblic by the store operating on demised premises, but not
including sales to dealers.
The term "net wholesale sales" shall include all wholesal3 sales
and service to dealers for cash or credi~c rendered by the store
operating on demised premises subject to earned bonus and other
quantity discounts.