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- SRI Location No. 501
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ASS~~NMEN~ AND ASSUMPTION OF LEASE
This Assignment and Assumpti.qn of Lease is made and
entered into this day of 19~by and
between Sambo's Restaurants, Inc., ("Assignor"), a
California corporation and Denny's, Inc. ("Assignee"), a
California corporation.
WITNESSETN
WHEREAS, Alexander Leo Johnson and Mary Ellen Johnson
("Lessor") entered into a Lease Agreement with Assignor's
predecessor in interest, Sambo's of Greater Miami, Inc.,
dated February 11, 1977 (the "Lease") for property fully
described in the Lease, a copy of which is•attached hereto, ~
located in the City of Fort Pierce, in the County of St. ~
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Lucie, State of Florida; and _ i
WHEREAS, the Commencement Date of the Lease was
February 11, 1977, and the Expiration Date of the original
term is May 31, 1999, plus one additional option term of
five years; and
WHEREAS, Assignor-desires tp assign and Assigne~
desires to assume all of Assignor's rights, title and
interest, duties and liabilities unde~ the Lease in all of
the property the subject of the Lease;
+ NOW, THF.REFORE, in consideration of the sum of ten
. ($10.00) dollars and other good and valuable consideration,
receipt of which is hereby acknowledged by the Assignor,
Assign~r assigns (i) the Lease to Assignee effective the
~394 P~ 949 ~