FIRST
AMENDMENT TO LEASE
(Allentown Facility)
This First Amendment to Lease (Allentown
Facility) ("Amendment") is dated as of December
13, 1995, by and between HCPI TRUST, a Maryland
real estate investment trust ("Lessor") and
EMERITUS CORPORATION, a Washington corporation
("Lessee").
RECITALS
A. Lessor and Lessee entered into a Lease
dated as of October 19, 1995 (the
"Lease") for the Allentown facility located in the
City of Allentown, County of Lehigh, Commonwealth
of Pennsylvania.
X. Xxxxxx and Lessee desire to memorialize
their understanding regarding certain provisions
of the Lease.
AGREEMENT
Capitalized terms not otherwise defined
herein shall have the meaning ascribed to them in
the Lease. Lessor and Lessee hereby agree as
follows:
1. Notwithstanding the Allentown Memorandum
of Lease, the Commencement Date of the Lease is
October 23, 1995 ;
2. The Fixed Term of the Lease shall end on
October 31, 2007 ;
3. The first Lease Year for the Lease
commences on November 1, 1995 and ends on October
31, 1996; and
4. The first Quarter for which Additional
Rent shall be due commences on November 1, 1997.
Except as amended above, the Lease between
Lessor and Lessee shall remain in full force and
effect. This Amendment may be executed in any
number of counterparts, all of which together
shall constitute one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have
caused this Amendment to be executed as of the day
and year first above written.
HCPI TRUST, a Maryland real estate
EMERITUS CORPORATION, a
investment trust
Washington corporation
By: /s/ Xxxxxx X. Xxxxxxx
By: /s/ Xxxxx X. Xxxxx
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Its: Secretary
Its: Secretary
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