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EXHIBIT 10.28
ADDENDUM II TO LEASE - BUSINESS PROPERTY -
SHORT FORM IN THE HUB TOWER
THIS ADDENDUM II TO LEASE-BUSINESS PROPERTY-SHORT FORM (the "Lease") is
made and entered into this 21st day of July, 1998 between AmerUs Properties,
Inc., ("Landlord") and AmerUs Life Holdings, Inc. ("Tenant").
1. Section 2. Rent is amended to add the following:
If the Landlord, its successors or assigns, should default under
the terms of that certain Promissory Note dated July 17, 1998, from
Landlord as Maker to Massachusetts Mutual Life Insurance Company ("Mass
Mutual"), that certain Mortgage and Security Agreement dated July 17,
1998 from Landlord as Mortgagor to Mass Mutual, or that certain
Assignment of Leases and Rents dated July 17, 1998 with Landlord as
Assignee to Mass Mutual, the monthly rental for the Third Floor and the
Fourteenth Floor shall be increased from $57,397.73 to $91,392.67.
While this increase in the Tenant's rent is triggered by a default of
the Landlord, this provision is given for the benefit of Mass Mutual and
recognizes that the Landlord, at the time this is executed, is a
wholly-owned subsidiary of the Tenant, and that this requirement has
been relied upon by Mass Mutual to enter into the loan transaction with
Landlord.
IN WITNESS WHEREOF, this Addendum II is executed on the 21st day of
July, 1998.
LANDLORD: TENANT:
AMERUS PROPERTIES, INC., AMERUS LIFE HOLDINGS, INC.,
an Iowa corporation an Iowa corporation
By: /s/ Xxxxx X. XxXxxxxxx By: /s/ Xxxx Xxxxxx
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Xxxxx X. XxXxxxxxx, Vice President Xxxx Xxxxxx, Vice President
