EXTENSION AGREEMENT
RE: LEASE DATED FEBRUARY - 1995
XXXXXXX REALTY, L.L.C., LANDLORD and
MAJOR CHRYSLER PLYMOUTH JEEP EAGLE, INC., TENANT
PREMISES: 00-00 00XX Xxxxxx, X.X.X., XX
WHEREAS, LANDLORD and TENANT acknowledge that the above lease by and
between XXXXXXX REALTY, L.L.C., LANDLORD and MAJOR CHRYSLER PLYMOUTH JEEP EAGLE,
INC., TENANT is in full force and effect (the "Lease"); and
WHEREAS, the Lease had a stated termination date of December 31,
1995; and
WHEREAS, thereafter, by Extension Agreement dated May 29, 1996, the
termination date was extended to December 31, 1996; and
WHEREAS, thereafter, by Extension Agreement dated August 14, 1997,
the termination date was extended to December 31, 1997;
WHEREAS, LANDLORD and TENANT desire to further extend the Lease to
December 31, 1998 on the terms and conditions set forth herein;
NOW, THEREFORE, in consideration of the premises, and for other good
and valuable consideration receipt whereof is hereby acknowledged, the parties
agree as follows:
1. The Lease termination date is modified and extended to December
31, 1998.
2. The monthly rentals are modified and, for the period January 1,
1998 to December 31, 1998, shall be at the rate of $11,000.00 per month.
3. Except as modified herein, the Lease remains in full force and
effect.
Dated: December 16, 1997
XXXXXXX REALTY, L.L.C., LANDLORD
BY: /s/ Xxxxx Xxxxxxx
--------------------------------
XXXXX XXXXXXX
MAJOR CHRYSLER PLYMOUTH JEEP EAGLE,
INC., TENANT
BY: /s/ Xxxxx Xxxxxxx
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XXXXX XXXXXXX
