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HomeMy WebLinkAbout0988 • $ao ~so1~~ as 1- WHEN RECORDED MAIL TO: The Southland Corporation Attn.: Real Estate Services Dept. • 2828 North Haskell Avenue Dallas, Texas 75204 SPACE ABOVE THIS LINE FOR RECORDER'S USE t MEMORANDUM OF LEASE ~ This is a Memorandum of Lease by and between Peter C. Smith and Wayne U. Sines, Jr. reinafter called LESSOR (whether one or more) of P. O. Box 4373, Fort Pierce, FL 33450 . ~ ,and THE SOUTHLAND CORPORATION, a Texas Corporation, hereinafter ~Iled LESSEE, of 2828 North askell Avenue, Dallas, Texas. LESSOR hereby grants, demises and leases the demises described below to LE E upon the following terms: • Date of Lease: /`~gv Description of Leased Premises: Tract B, less the south 150 feet, Block 16, Indian River Estates, Unit 3, PB 10, P. 47, St. Lucie County, Florida ~ Date of C'omrnencement: the first day of the first calendar month folloing (1) 15 days after the acceptance by IBSSEBrs architect of the building aril other iarprovemen to be constructed on the demised premises, or (2) the date that IESSBB or its assigns shall first be open for business to the public, rihicheve event first occurs. ~ ' 20 Term : Years. ' i Renewal Options: 2 five-year ~ f ~ 9 i Purchase Option(s): No Right Of First Refusal Option: Yes The purpose of thic Memorandum of Lease is to give record notice of the lease and of the rights created thereby, all of which are hereby confirmed. l In v?itness whereof the parties have executed this Memorandum of Lease as of the dates set forth in their respective acknowledgements. (SEAL) LESSO ~ Witnessed ,z By: Pe r .Smith (SEAL) LESSEE ~ ~ At _st>s t: THE SOU ND~`~tp0 a ` t ? i By Y j Assistant Secretary Yir~~o ~ 80~~ PEE ~ ~ Iorm 4~000A1 6179 •`h --a---~ . - - - - - - - -