0000804127-97-000004 Sample Contracts

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GUARANTEE OF LEASE Effective as of March 15, 1997 FOR VALUE RECEIVED, and in order to induce AEI REAL ESTATE FUND XVI LIMITED PARTNERSHIP, a Minnesota limited partnership, whose corporate general partner is AEI Fund Management XVI, Inc., a Minnesota...
Guarantee of Lease • March 27th, 1997 • Aei Real Estate Fund Xvi LTD Partnership • Real estate

FOR VALUE RECEIVED, and in order to induce AEI REAL ESTATE FUND XVI LIMITED PARTNERSHIP, a Minnesota limited partnership, whose corporate general partner is AEI Fund Management XVI, Inc., a Minnesota corporation and AEI REAL ESTATE FUND XVII LIMITED PARTNERSHIP, a Minnesota limited partnership, whose corporate general partner is AEI Fund Management XVII, Inc., a Minnesota corporation ("Lessor"), to enter into, execute and deliver that certain Lease Agreement dated effective of even effective date herewith ("Lease") between Lessor, and Texas Sports City Cafe, Ltd. ("Lessee"), the undersigned ("Guarantor", whether one or more) hereby absolutely and unconditionally guarantees to said Lessor, its successors and assigns, the due and prompt performance and observance of all of the obligations of said Lease to be met by Lessee, including but not limited to the payment of rent and other payments to be made under the Lease. The undersigned agrees that no act or thing, except for payment in full

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