1
EXHIBIT 10M
EXTENSION OF PROPERTY MANAGEMENT AGREEMENT
The Extension of Property Management Agreement entered into this 15th day
of December, 1999 by and between Xxxxxx Income Properties II, Ltd., a Texas
limited partnership (hereinafter called the "Owner") and Brookside
Properties, Inc., (hereinafter called the "Agent").
RECITALS:
1. Owner and Agent are parties to that certain Property Management
Agreement dated March 1, 1991 covering the Paddock Place Shopping
Center, located at the Southwest corner of White Bridge Road and
Brookwood Terrace, Nashville, Tennessee.
2. The term of the aforesaid Property Management Agreement expired on
February 28, 1994, was extended with an expiration date of February
28, 1995, was extended with an expiration date of February 29, 1996,
was extended with an expiration date of February 28, 1997, was
extended with an expiration date of February 28, 1998, was extended
with an expiration date of December 31, 1998, and was extended with an
expiration date of December 31, 1999. The parties thereto are mutually
desirous of extending the term of the Property Management Agreement.
NOW, THEREFORE, it is hereby agreed as follows:
1. The expiration date of the Property Management Agreement shall be
midnight, December 31, 2000
2. All other terms and conditions of the Property Management Agreement
shall remain unchanged and in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this document the day and
year first above written.
WITNESS BROOKSIDE PROPERTIES, INC.
/s/ Xxxxxxx X. Xxxxxxxx, Xx. /s/ W. Miles Xxxxxxxx
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Xxxxxxx X. Xxxxxxxx, Xx. W. Miles Xxxxxxxx
XXXXXX INCOME PROPERTIES II, LTD
a Texas Limited Partnership by
Xxxxxx Realty Investors IX, Inc. a
Texas Corporation, its General Partners
(Owners)
/s/ Xxxxx Xxxx
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By: Xxxxx Xxxx, Executive Vice President
