Assignment, Assumption and Modification of Ground Lease Sample Contracts

ASSIGNMENT, ASSUMPTION AND MODIFICATION OF GROUND LEASE
Assignment, Assumption and Modification of Ground Lease • November 16th, 2009 • Embassy Bancorp, Inc. • National commercial banks • Pennsylvania

THIS ASSIGNMENT, ASSUMPTION AND MODIFICATION OF GROUND LEASE (the “Assignment”) is made as of the _26__ day of __October__, 2009, by and among JOSEPH I LIMITED PARTNERSHIP, a Pennsylvania limited partnership, having an address of 1510 Bangor Road, Bangor, Pennsylvania 18013 (“Landlord”), EMBASSY BANK FOR THE LEHIGH VALLEY, a Pennsylvania financial institution, having an address of 100 Gateway Drive, Bethlehem, Pennsylvania 18017 (“Assignor”) and POLARIS LOWER NAZ DEVELOPMENT, LLC, a Pennsylvania limited liability company, having an address of 7562 Penn Drive, Suite 100, Allentown, Pennsylvania 18106 (the “Assignee”).

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