General ledger activity detail for all balance sheet and income and expense
accounts for 2012 and year to date 2013 (through July 2013).
14. All property expense invoices for 2012 and year to date 2013 (through
July 31).
15. Property management computer monthly summary reports for 2012 and year to
date 2013 (through July 31).
16. Prior two years of financial statements - balance sheet and operating
statements for 12/31/11 and 12/31/12.
17. Accounts receivable detail at 12/31/12 and year to date 2013 (through
July 31).
18. Accounts payable detail at 12/31/12 and year to date 2013 (through July 31).
19. Schedule of prepaid tenant rents, security deposits, and supporting
documentation at 12/31/11 and 12/31/12 and year to date 2013 (through July 31).
20. Merchant credit card monthly statements for 2012 and year to date 2013
(through July 31).
21. Current month to date bank deposits (August and September 2013).
22. Insurance invoice detailing liability, umbrella and worker compensation
expense, and Certificate of Insurance evidencing all liability and property
damage coverage.
23. Auction information for 2012 and year to date 2013 (through July 31),
including amounts owed, recovered and all auction expenses.
24. Printout showing occupied and vacant units in order to complete lock check.
25. Carlos Arredondo to use good faith efforts to obtain bank statements for
2012 and 2013 to date.
EXHIBIT "D" TO LEASE
NON-COMPETITION AGREEMENT
THIS NON-COMPETITION AGREEMENT, made and entered into as of the
day of
, 2013, among SOVRAN ACQUISITION LIMITED PARTNERSHIP, a Delaware
limited partnership, 6467 Main Street, Buffalo, New York 14221 ("Sovran"), 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, 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 (each a "Trust" and collectively "Trusts"), CARLOS A.
ARREDONDO, residing at
, ELENA I. ARREDONDO, residing at
, FABIOLA R. ARREDONDO, residing at
and
MARISA V. ARREDONDO, residing at
(each an "Individual" and
collectively "Individuals").
RECITALS
WHEREAS, reference is made to a self storage facility ("Business"), located at
65 West John Street, Hicksville, New York 11801 ("Site" or "Property") and as
more fully described in the lease between the Trusts and the Individuals (except
Carlos A. Arredondo) as lessor and Sovran, as lessee, dated
, 2013
("Lease");
WHEREAS, Sovran has an option to purchase the Property under the Lease;
WHEREAS, Carlos A. Arredondo has been involved in the management and operation
of the Business and, directly or indirectly, the Trusts and Individuals will
benefit from the lease and possible sale of the Property to Sovran; and
WHEREAS, as an inducement to Sovran to lease the Property, the Trusts and the