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Exhibit 10.8
June 17, 1996
Xx. Xxxxxxx Xxxxxxx, President
South Florida Bank
0000 XxXxxxxx Xxxx.
Fort Xxxxx, FL 33901
Re: Xxxxxxx & Metro Parkway Lease Extension
Dear Xxxx:
According to our records, your lease for the branch bank located at Xxxxxxx and
Metro Parkways in South Xxx County will expire on June 30, 1996. This letter
will serve as a "Lease Addendum", which must be executed by the Bank and the
Landlord to keep this lease in effect. This Addendum shall contain the following
terms and conditions:
1. LEASE TERM:
The term of the Lease shall be renewed for the period from July 1, 1996 through
June 30, 1997; however, Lessee or Lessor may, following six month's advance
written notice given by one party to the other party, terminate this Lease and,
in either event, Lessee shall pay rent only the calendar month in which Lessee
vacates the Premises or through the calendar month in which the Tenant
Improvements last occupy the lease site, whichever is later.
2. RENTAL:
The Rental payment for the Leased Premises is $2,400.00 per month, plus
applicable Florida State rental taxes, payable as provided in the existing
Lease.
3. OTHER TERMS:
Except as hereinabove expressly amended, revised or modified, all other terms,
covenants and conditions of the existing lease, dated July 31, 1992, and
subsequent Addendums and/or Extensions shall remain in full force and effect.
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Xx. Xxxxxxx Xxxxxxx
June 17, 1996
Page 2.
If these terms and conditions are satisfactory, please signify your acceptance
of same by signing and dating both counterpart originals of this letter where
indicated below and then returning one executed original of this letter to me.
Upon your acceptance, this executed letter will become an Addendum to the
subject lease.
Should you have any questions, please do not hesitate to contact me.
Sincerely,
/s/ Xxxxx Xxxxxxxx
Xxxxx Xxxxxxxx
As Agent for Xxxxxxx & Metro Group, Lessor
Enclosure
\DMG/Lse6712.Doc
ACCEPTANCE
THE ABOVE terms and conditions are agreed upon and accepted this 20th day of
June, 1996.
SOUTH FLORIDA BANK
By: /s/ Xxxxxx X. Xxxxxx, Xx.
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Xxxxxx X. Xxxxxx, Xx.
Title: Executive Vice President
Date: June 20, 1996
