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11/66
KBKORA ND Ul~i OF LEAS E
Ttiis Ls a Memorandum of Lease betveen ro h nv s s n.
("Lessor"), of I 325 West Co I on i a l r ~ ve, r an o, or ~ a ,
and 1tiE SOUTHIAND CORPORATION ("Leasee"), of 2828 North Haskell Avenue,
Dallas, Texas, the term8 of Which are as follovs:
Date of Lease: Se~tember 26, 196~
Description of Laased See Exhibit A attached hereto. (Zerox copy
premises: of legal description from lease)
Date of co~en~~enG~ The first day of the first calendar month
following (1) 15 days after the acceptance
by LESSEB'S architect of the building and
other improvements to be conatructed on the
demised premises, or (2) the date that LESSEE
or its assigns ehall first be open for buainess
to the public, Whichever.event first occurs.
Term: Fifteen Years.
_ R newal o tion: Lessee has three succ s i o t n t
e e s ve io s to ex end
P P
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for a period of five years each. Options
must be exercised at least 60 days prior to
expiration of term or extended term.
I Purchase option (s): Lessee has first refusal option to purchase
during entire term and extensions; and option ~
to purchase at atated price at end of term.
The purpose of this Memorand~ of Lease is to give record notice of the lease and
of the rights created therebq, all of Which are hereby confirmed.
In witness whereof, the parties have executed this M~emorandum of Lease as of the .
dates set forth in their reapective acknowledgments. _ ~ f.,
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(SEAL) LESSOR: Growth I nvestments, I nc l~:
Att r . ~ -
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Assistant ecretary Pres ident '
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- ~.'.',Asaistan Secretary ; Vice President
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