1ST AMENDMENT OF LEASE FOR STORAGE
Exhibit 10.13.1
1ST AMENDMENT OF LEASE FOR STORAGE
THIS 1ST AMENDMENT OF LEASE FOR STORAGE (“1st Amendment”) is made on March 10, 1998, between T.H.S. NORTHSTAR ASSOCIATES LIMITED PARTNERSHIP (“Landlord”), whose address is 000 Xxxxxx Xxxxxxxx, 0000 X. Xxxxx Xxxx., Xxxxxxx, Xxxxxxxx 00000-0000 and XXXXXXX.XXX, INC., a Minnesota corporation (“Tenant”), whose address is Suite SB-52, 000 Xxxxxxxxx Xxxxxx Xxxxx, Xxxxxxxxxxx, Xxxxxxxxx 00000.
RECITALS
This 1st Amendment is based upon the following recitals:
A. Landlord and Tenant entered into a Lease dated July 30, 1996 (“Lease”), for the premises known as Suite SB-52 of the Northstar Building (“Building”), 000 Xxxxxxxxx Xxxxxx Xxxxx, Xxxxxxxxxxx. XX (“Premises”).
B. Landlord and Tenant desire to amend the Lease to extend the Term and otherwise amend the Lease accordingly.
THEREFORE, in consideration of the mutual covenants and agreements stated in the Lease and below, and for other sufficient consideration received and acknowledged by each party, Landlord and Tenant agree to amend the Lease as follows:
1. RECITALS. All recitals are fully incorporated.
2. EXTENSION OF LEASE TERM. The Lease Term for the Premises shall be extended for a one (1) year-seven (7) month term only, to begin September 1, 2001 and expire on March 31, 2003 (“1st Extension Term”).
3. RENT. Effective during the 1st Extension Term, Rent shall be payable in equal installments of $700.00 per month.
4. CONFLICTING PROVISIONS. If any provisions of this 1st Amendment conflict with any of those of the Lease, then the provisions of this 1st Amendment shall govern.
5. REMAINING LEASE PROVISIONS. Except as stated in this 1st Amendment, all other viable and applicable provisions of the Lease shall remain unchanged and continue in full force and effect throughout the Lease Term.
6. BINDING EFFECT. Landlord and Tenant ratify and confirm the Lease and agree that this 1st Amendment shall bind and inure to the benefit of the parties, and their respective successors, assigns and representatives as of the date first stated.
AFFIRMING THE ABOVE, the parties have executed this 1ST AMENDMENT OF LEASE FOR STORAGE on the date first stated.
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WITNESSES |
LANDLORD |
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T.H.S. NORTHSTAR ASSOCIATES |
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LIMITED PARTNERSHIP |
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By: |
TrizecHahn Office Properties Inc., |
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Manager |
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/s/Xxxx X. Xxxxxx |
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/s/Xxxxxxx X. Xxxx |
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Xxxxxxx X. Xxxx |
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Assistant Secretary |
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/s/Xxxxx Xxx Xxxxxx |
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/s/Xxxxxxx X. Xxxxxxxx |
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Xxxxxxx X. Xxxxxxxx |
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Senior Vice President |
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TENANT |
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XXXXXXX.XXX, INC. |
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/s/Xxxxx Conarlatti |
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BY: |
/s/Xxxxx Xxxxxxxx |
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ITS: |
CFO |
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10543B |
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