by his/her signature on the instrument,
the individual, or the person upon behalf of which the individual acted,
executed the instrument.
EXHIBIT "E" TO LEASE
FORM OF LETTER TO BE DELIVERED BY CURRENT OWNER/MANAGER TO TENANTS
EXHIBIT E
Dear Customer,
As you may know, there are seventeen (17) Westy Storage Centers. Effective
November 1, 2013, four (4) of these centers - that is, Danbury Milford,
Hicksville and Babylon - will not be operated by Westy. These centers will be
renamed as New Operator Name and will be managed by them. Your Occupancy
Agreement has been assigned to New Operator Name effective November 1, 2013. New
Operator Name is, at this time, writing you to give you details of their
services.
New Operator Name has agreed that they will not increase your rent for two
(2) years from the time you moved in or from your latest rent increase,
whichever is later. There is no rent guarantee beyond that. As the new Manager
does not require security deposits, we are herein returning your security
deposit.
It has been a privilege servicing you and we wish you every happiness and
success.
John A. Arredondo
Director of Operations
Hicksville, NY
FIRST AMENDMENT OF LEASE
THIS FIRST AMENDMENT OF LEASE (the "Amendment") is made as of the 13th day of
September, 2013, by and between
THE 2000 TRUST FOR THE GRANDCHILDREN OF CARLOS A. ARREDONDO AND MARI V.
ARREDONDO, CARLOS A. ARREDONDO, TRUSTEE, TRUST FOR THE BENEFIT OF THE CHILDREN
OF FABIOLA RAQUEL ARREDONDO, TRUST FOR THE BENEFIT OF THE CHILDREN OF ELENA
ISABEL ARREDONDO, TRUST FOR THE BENEFIT OF THE CHILDREN OF MARISA VARA
ARREDONDO, ELENA I. ARREDONDO, FABIOLA R. ARREDONDO, MARISA V. ARREDONDO, TRUST
"B" FOR THE GRANDCHILDREN OF FABIOLA R. ARREDONDO, TRUST "C" FOR THE
GRANDCHILDREN OF ELENA I. ARREDONDO AND TRUST "D" FOR THE GRANDCHILDREN OF
MARISA V. ARREDONDO
c/o ARREDONDO HOLDINGS, 35 Field Point Circle, Greenwich, Connecticut 06830
(hereinafter referred to collectively as "Lessor")
and
SOVRAN ACQUISITION LIMITED PARTNERSHIP, a Delaware limited partnership
6467 Main Street, Buffalo, New York 14221
(hereinafter referred to as "Lessee")
W I T N E S S E T H:
WHEREAS, Lessor and Lessee, entered into that certain Lease dated as of
August 7, 2013 (the "Lease") for the premises known as 65 West John Street,
Hicksville, New York 11801 (the "Premises") as more particularly described in
the Lease;
WHEREAS, the parties desire to modify the terms of the Lease as hereinafter
described. Capitalized terms used and not defined herein shall have the meanings
ascribed to them in the Lease.
NOW, THEREFORE, for good and valuable consideration, receipt and legal
sufficiency of which are hereby acknowledged, the parties agree as follows:
1. Schedule A to Exhibit B of the Lease is hereby amended by replacing it with
Exhibit 1 attached hereto.
2. The Contracts that are to be assigned to Lessee and assumed by Lessee are set
forth on Exhibit 2 attached hereto.
3. The Inspection Period is hereby extended through 6:00