Amendment 1 To Lease Agreement printable pdf download

AMENDMENT #1 TO LEASE AGREEMENT

RELAX GRILL AT LAKE EOLA

THIS AMENDMENT #1 TO LEASE AGREEMENT is made and entered into to become

effective as of the ___ day of ___________, 2009, by and between City of Orlando, a municipal

corporation organized and existing under the laws of the State of Florida (Landlord), and Relax

Grill at Lake Eola, LLC, a Florida limited liability company (Tenant).

RECITALS

A. Landlord owns and operates Lake Eola Park bounded by Rosalind Avenue, Robinson

Street, Eola Drive and Central Boulevard in downtown Orlando, Florida (the “Park”).

B. Pursuant to Lease Agreement (“Lease”) effective as of January 1, 2009, Tenant leased

a portion of the Park from Landlord (“Leased Premises”). The purpose of the Lease was for

Tenant to operate an open-air café as an amenity within the Park. A true and correct copy of the

Lease is attached hereto and made a part hereof as Exhibit “A”.

C. The parties wish to amend the terms thereof as provided herein.

NOW THEREFORE, in consideration of the mutual promises and covenants contained

herein, and other valuable consideration, the receipt and sufficiency of which are acknowledged,

Landlord and Tenant hereby amend the Lease in the following respects:

1. Recitals. The foregoing recitals are true and correct and are incorporated into and

made a part of this Amendment #1, the same as if fully set forth herein.

2. Lease Term Extension. Section Three (3) of the Lease is modified so that it reads as

follows:

3. Term of Lease. The parties agree that the term of this Lease shall be

extended commencing September 1, 2009, for three (3) years ending at 11:59 PM

on August 31, 2012 (Expiration Date), unless extended or terminated as provided

herein. So long as Tenant has abided by all terms and conditions of this Lease

during the initial Lease Term, the Lease may be renewed and extended for up to

two (2), one-year (1) periods, upon terms mutually agreeable to the parties. If the

parties agree to the exercise all options, Tenant shall hold exclusive possession of

the Premises for a total of five (5) years, on the terms and conditions determined

as provided herein.

3. Rent During Lease Extension Period. Section Seven (7) A. 1) of the Lease is modified

so that it reads as follows:

A. Rent. Tenant shall pay to Landlord, without prior demand and without

any deduction or set-off, as rent hereunder, a combination of Base Rent and

Amendment 1 To Lease Agreement