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Exhibit 10.14
LEASE AMENDMENT
This Lease Amendment is entered into this 4th day of March, 1996, by
and between M/I OFFICE DEVELOPMENT COMPANY, an Ohio general partnership
("Landlord"), and M/I SCHOTTENSTEIN HOMES, INC., an Ohio corporation ("Tenant").
W I T N E S S E T H: That,
WHEREAS, Landlord and Tenant have entered into a certain Lease dated
August 2, 1992 (the "Lease"), regarding the office building and land commonly
known as 0000 Xxxx Xxxxxx-Xxxxxxxxx Xxxx, Xxxxxxxx, Xxxx; and
WHEREAS, Landlord and Tenant now desire to amend the Lease to provide
termination rights as described below.
NOW, THEREFORE, in consideration of the mutual convenants and promises
herein contained, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree to amend the
terms of the Lease as follows:
1. Landlord and Tenant shall each have the right to terminate the
Lease, provided such termination shall not become effective before September 30,
1996. The party exercising such right of termination shall exercise such right
of termination, if at all, by delivering to the other party, at any time after
September 1, 1996, not less than thirty (30) days prior written notice of its
intent to terminate the Lease.
2. Except as herein amended and modified, all terms and conditions of
the Lease shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment effective
the date first set forth above.
LANDLORD:
M/I OFFICE DEVELOPMENT COMPANY,
an Ohio general partnership
BY: X X Xxxxxxxxxxxxx Marital Trust,
ITS: general partner
BY: /S/ Xxxxxx Xxxxxxxxxxxxx
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Xxxxxx Xxxxxxxxxxxxx
ITS: Trustee
BY: /S/ Xxxx Xxxxxxxxxxxxx
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Xxxx Xxxxxxxxxxxxx
ITS: Trustee
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Signatures of X.X. Xxxxxxxxxxxxx Marital Trust, continued
BY: /S/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx
ITS: Trustee
BY: IRVING AND XXXXXXX XXXXXXXXXXXXX 1994 TRUST
U/A, dated December 22, 1994, its general partner
BY:/S/ Xxxxxx X. Xxxxxxxxxxxxx
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Xxxxxx X. Xxxxxxxxxxxxx
ITS: Trustee
TENANT:
M/I SCHOTTENSTEIN HOMES, INC.
an Ohio corporation
BY: /S/
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ITS: /S/
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