Document:

LEASE AGREEMENT

                  Dated as of June 9, 2000

                            among

         FIRST SECURITY BANK, NATIONAL ASSOCIATION,
                      not individually,
               but solely as the Owner Trustee
           under the PFG Real Estate Trust 2000-1,
                          as Lessor

                             and

            Respecting each particular Property,
  the Credit Party referenced on the signature pages hereto
 which has executed a Lease Supplement with respect to such
                          Property
    or the Eligible Lessee designated as a Lessee in any
         Lease Supplement respecting such Property,
                          as Lessee

This  Lease  Agreement is subject to a security  interest  in
favor  of  First Union National Bank, as the  agent  for  the
Lenders  and respecting the Security Documents, as the  agent
for  the  Lenders  and the Holders, to the  extent  of  their
interests (the "Agent") under a Security Agreement  dated  as
of  June  9,  2000,  between First  Security  Bank,  National
Association,  not  individually,  but  solely  as  the  Owner
Trustee under the PFG Real Estate Trust 2000-1 and the Agent,
as amended, modified, extended, supplemented, restated and/or
replaced  from time to time in accordance with the applicable
provisions  thereof.  This Lease Agreement has been  executed
in  several counterparts.  To the extent, if any,  that  this
Lease  Agreement constitutes chattel paper (as such  term  is
defined  in the Uniform Commercial Code as in effect  in  any
applicable jurisdiction), no security interest in this  Lease
Agreement  may be created through the transfer or  possession
of  any  counterpart  other  than  the  original  counterpart
containing the receipt therefor executed by the Agent on  the
signature page hereof.

                      TABLE OF CONTENTS

ARTICLE I                                                       2
     1.1  Definitions.                                          2
     1.2  Interpretation.                                       2
     1.3  No Joint or Several Liability.                        2

ARTICLE II                                                      3
     2.1  Property.                                             3
     2.2  Lease Term.                                           3
     2.3  Title.                                                3
     2.4  Lease Supplements.                                    3

ARTICLE III                                                     3
     3.1  Rent.                                                 3
     3.2  Payment of Basic Rent.                                4
     3.3  Supplemental Rent.                                    4
     3.4  Performance on a Non-Business Day.                    5
     3.5  Rent Payment Provisions.                              5

ARTICLE IV                                                      5
     4.1  Taxes; Utility Charges.                               5

ARTICLE V                                                       5
     5.1  Quiet Enjoyment.                                      5

ARTICLE VI                                                      6
     6.1  Net Lease.                                            6
     6.2  No Termination or Abatement.                          7

ARTICLE VII                                                     7
     7.1  Ownership of the Properties.                          7

ARTICLE VIII                                                    9
     8.1  Condition of the Properties.                          9
     8.2  Possession and Use of the Properties.                10
     8.3  Integrated Properties.                               11

ARTICLE IX                                                     11
     9.1  Compliance With Legal Requirements, Insurance
          Requirements and Manufacturer's Specifications and
          Standards.                                           11

ARTICLE X                                                      12
     10.1 Maintenance and Repair; Return.                      12
     10.2 Environmental Inspection.                            13

ARTICLE XI                                                     14
     11.1 Modifications.                                       14

ARTICLE XII                                                    15
     12.1 Warranty of Title.                                   15

ARTICLE XIII                                                   16
     13.1 Permitted Contests Other Than in Respect of
          Indemnities.                                         16
     13.2 Impositions, Utility Charges, Other Matters;
          Compliance with Legal Requirements.                  16

ARTICLE XIV                                                    17
     14.1 Public Liability and Workers' Compensation
          Insurance.                                           17
     14.2 Permanent Hazard and Other Insurance.                17
     14.3 Coverage.                                            18

ARTICLE XV                                                     19
     15.1 Casualty and Condemnation.                           19
     15.2 Environmental Matters.                               21
     15.3 Notice of Environmental Matters.                     22

ARTICLE XVI                                                    22
     16.1 Termination Upon Certain Events.                     22
     16.2 Procedures.                                          23

ARTICLE XVII                                                   23
     17.1 Lease Events of Default.                             23
     17.2 Surrender of Possession.                             27
     17.3 Reletting.                                           27
     17.4 Damages.                                             27
     17.5 Power of Sale.                                       28
     17.6 Final Liquidated Damages.                            28
     17.7 Environmental Costs.                                 29
     17.8 Waiver of Certain Rights.                            29
     17.9 Assignment of Rights Under Contracts.                30
     17.10 Remedies Cumulative.                                30

ARTICLE XVIII                                                  30
     18.1 Lessor's Right to Cure Lessee's Lease Defaults.      30

ARTICLE XIX                                                    31
     19.1 Provisions Relating to Lessee's Exercise of its
          Purchase Option.                                     31
     19.2 No Purchase or Termination With Respect to Less
          than All of a Property.                              31

ARTICLE XX                                                     31
     20.1 Purchase Option or Sale Option-General Provisions.   31
     20.2 Lessee Purchase Option.                              32
     20.3 Third Party Sale Option.                             33

ARTICLE XXI                                                    34
     21.1 [Intentionally Omitted].                             34

ARTICLE XXII                                                   34
     22.1 Sale Procedure.                                      34
     22.2 Application of Proceeds of Sale.                     37
     22.3 Indemnity for Excessive Wear.                        37
     22.4 Appraisal Procedure.                                 37
     22.5  Certain Obligations Continue.                       38

ARTICLE XXIII                                                  38
     23.1 Holding Over.                                        38

ARTICLE XXIV                                                   39
     24.1 Risk of Loss.                                        39

ARTICLE XXV                                                    39
     25.1 Assignment.                                          39
     25.2 Subleases.                                           39

ARTICLE XXVI                                                   40
     26.1 No Waiver.                                           40

ARTICLE XXVII                                                  40
     27.1 Acceptance of Surrender.                             40
     27.2 No Merger of Title.                                  41

ARTICLE XXVIII                                                 41
     28.1 Incorporation of Covenants.                          41

ARTICLE XXIX                                                   42
     29.1 Notices.                                             42

ARTICLE XXX                                                    42
     30.1 Miscellaneous.                                       42
     30.2 Amendments and Modifications.                        42
     30.3 Successors and Assigns.                              42
     30.4 Headings and Table of Contents.                      43
     30.5 Counterparts.                                        43
     30.6 GOVERNING LAW.                                       43
     30.7 Calculation of Rent.                                 43
     30.8 Memoranda of Lease and Lease Supplements.            43
     30.9 Allocations between the Lenders and the Holders.     43
     30.10 Limitations on Recourse.                            44
     30.11 WAIVERS OF JURY TRIAL.                              44
     30.12 Exercise of Lessor Rights.                          44
     30.13 SUBMISSION TO JURISDICTION; VENUE; ARBITRATION.     44
     30.14 USURY SAVINGS PROVISION.                            45

EXHIBITS

EXHIBIT A  -   Lease Supplement No. ____
EXHIBIT B  -   Memorandum of Lease and Lease Supplement No.

                       LEASE AGREEMENT

      THIS  LEASE  AGREEMENT dated as of  June  9,  2000  (as
amended,  modified, extended, supplemented,  restated  and/or
replaced  from  time to time, this "Lease") is between  FIRST
SECURITY  BANK,  NATIONAL  ASSOCIATION,  a  national  banking
association,  having its principal office at  79  South  Main
Street,  Salt  Lake  City, Utah 84111, not individually,  but
solely  as the Owner Trustee under the PFG Real Estate  Trust
2000-1,  as  lessor  (the  "Lessor"),  and  respecting   each
particular  Property subject to this Lease as of the  Initial
Closing  Date,  the Credit Party referenced on the  signature
pages  hereto  which  has executed a  Lease  Supplement  with
respect  to  such Property and respecting any other  Property
which becomes subject to this Lease after the Initial Closing
Date,  each other Eligible Lessee designated as a  Lessee  in
any  Lease Supplement respecting any such Property, as lessee
(each  such entity with respect to each such Property may  be
referred to herein as the "Lessee").

                   PRELIMINARY STATEMENT:

      This  Lease  is a master lease pursuant  to  which  the
Lessor  shall  lease to each applicable Lessee  one  or  more
individual Properties from time to time which such Lessee has
identified  for acquisition or ground leasing by  the  Lessor
under the terms of the Agency Agreement.  The Lessor and  all
Lessees  contemplate that each applicable Lessee will utilize
this  master  lease  to obtain an interest  in  one  or  more
individual  Properties from time to time and to  finance  the
construction of Improvements thereon.  This Lease permits the
Lessee which has executed a Lease Supplement with respect  to
a  particular  Property (a) to pay the Termination  Value  to
purchase such Property and to thereby terminate this Lease in
accordance with the Operative Agreements as to such Property,
and  (b) from time to time to cause Lessor in accordance with
the  Operative  Agreements to acquire, in fee  simple  or  by
ground  lease,  an  interest in additional Properties  to  be
leased  to  such Lessee which has executed a Lease Supplement
with  respect to such additional Property.  Accordingly,  the
terms  and  conditions  of this Lease  shall  apply  to  each
Property for which the applicable Lessee has executed a Lease
Supplement  in  accordance with the terms  of  the  Operative
Agreements.

                    W I T N E S S E T H:

     A.   WHEREAS, subject to the terms and conditions of the
Participation Agreement and the Agency Agreement, Lessor will
(i)   purchase  or  ground  lease  various  parcels  of  real
property,   some  of  which  will  (or  may)  have   existing
Improvements  thereon,  from one (1) or  more  third  parties
designated  by  the  applicable  Lessee  and  (ii)  fund  the
acquisition,   installation,   testing,   use,   development,
construction,  operation, maintenance, repair,  refurbishment
and   restoration   of  each  Property  by   the   applicable
Construction Agent; and

      B.    WHEREAS, the Term shall commence with respect  to
each  Property  upon the Property Closing Date  with  respect
thereto; provided, Basic Rent with respect thereto shall  not
be payable until the applicable Rent Commencement Date; and

     C.   WHEREAS, Lessor desires to lease to each applicable
Lessee,  and  each applicable Lessee desires  to  lease  from
Lessor,  each Property for which such Lessee has  executed  a
Lease Supplement;

      NOW, THEREFORE, in consideration of the foregoing,  and
of  other  good and valuable consideration, the  receipt  and
sufficiency  of  which are hereby acknowledged,  the  parties
hereto agree as follows:

                    ARTICLE XIII

     13.1 Definitions.

           For purposes of this Lease, capitalized terms used
in this Lease and not otherwise defined herein shall have the
meanings  assigned  to them in Appendix  A  to  that  certain
Participation Agreement dated as of June 9, 2000 (as amended,
modified,  extended, supplemented, restated  and/or  replaced
from   time   to  time  in  accordance  with  the  applicable
provisions  thereof,  the  "Participation  Agreement")  among
Lessees,   Performance  Food  Group  Company,  as  Guarantor,
Lessor,  the  various  banks and other  lending  institutions
which  are parties thereto from time to time, as the Holders,
the  various banks and other lending institutions  which  are
parties thereto from time to time, as the Lenders, and  First
Union  National Bank, as agent for the Lenders and respecting
the  Security Documents, as the agent for the Lenders and the
Holders,  to the extent of their interests.  Unless otherwise
indicated,  references in this Lease to  articles,  sections,
paragraphs,  clauses, appendices, schedules and exhibits  are
to the same contained in this Lease.

     13.2 Interpretation.

           The rules of usage set forth in Appendix A to  the
Participation Agreement shall apply to this Lease.

     13.3   No Joint or Several Liability.

           Each Lessee shall be liable for its obligations as
Lessee  under  this Lease and the other Operative  Agreements
solely with respect to such obligations arising in connection
with  the Properties for which such Lessee has executed Lease
Supplements  and  no  Lessee shall be  jointly  or  severally
liable  for  the obligations of the other Lessees;  provided,
notwithstanding  the foregoing, the Security Documents  shall
cross-collateralize the obligations of the Lessees.

                    ARTICLE XIV

     14.1 Property.

          Subject to the terms and conditions hereinafter set
forth  and  contained  in  the  respective  Lease  Supplement
relating  to  each  Property, Lessor hereby  leases  to  each
applicable Lessee and such Lessee hereby leases from  Lessor,
each  Property with respect to which such Lessee has executed
a Lease Supplement.

     14.2 Lease Term.

           The  term  of  this  Lease with  respect  to  each
Property  (the "Term") shall begin upon the Property  Closing
Date for such Property (in each case the "Commencement Date")
and  shall end on the fifth annual anniversary of the Initial
Closing  Date,  unless  the  Term is  earlier  terminated  in
accordance    with   the   provisions    of    this    Lease.
Notwithstanding the foregoing, no Lessee shall  be  obligated
to  pay  Basic  Rent  until the Rent Commencement  Date  with
respect to such Property.

     14.3 Title.

           Each  Property  is leased to the Lessee  that  has
executed  a  Lease Supplement with respect to  such  Property
without  any representation or warranty, express or  implied,
by  Lessor and subject to the rights of parties in possession
(if  any),  the  existing state of title  (including  without
limitation  the  Permitted Liens) and  all  applicable  Legal
Requirements.  No Lessee shall in any event have any recourse
against  Lessor  for  any defect in  Lessor's  title  to  any
Property  or any interest of such Lessee therein  other  than
for Lessor Liens.

     14.4 Lease Supplements.

      On  or prior to each Commencement Date, each applicable
Lessee  and  Lessor shall each execute and  deliver  a  Lease
Supplement for the Property to be leased effective as of such
Commencement  Date  in substantially the form  of  EXHIBIT  A
hereto.

                    ARTICLE XV

     15.1 Rent.

          (a)  Each applicable Lessee shall pay Basic Rent in
     arrears  on each Payment Date, and on any date on  which
     this Lease shall terminate with respect to each Property
     with  respect to which such Lessee has executed a  Lease
     Supplement during the Term; provided, however, no Lessee
     shall have any obligation to pay Basic Rent with respect
     to  such Property until the Rent Commencement Date  with
     respect  to  such Property (notwithstanding  that  Basic
     Rent  for  such Property shall accrue from and including
     the   Scheduled   Interest  Payment   Date   immediately
     preceding such Rent Commencement Date).

           (b)  Basic Rent shall be due and payable in lawful
     money  of  the United States and shall be paid  by  wire
     transfer of immediately available funds on the due  date
     therefor (or within the applicable grace period) to such
     account  or  accounts at such bank or  banks  as  Lessor
     shall from time to time direct.

          (c)  The inability or failure of any Lessee to take
     possession  of  all or any portion of any Property  with
     respect  to  which  such Lessee  has  executed  a  Lease
     Supplement  when  delivered by Lessor,  whether  or  not
     attributable  to  any  act or omission  of  Lessor,  the
     Construction Agent, such Lessee or any other  Person  or
     for  any  other reason whatsoever, shall  not  delay  or
     otherwise  affect such Lessee's obligation to  pay  Rent
     for  such Property in accordance with the terms of  this
     Lease.

          (d)  Each applicable Lessee shall make all payments
     of  Rent  allocable to such Lessee prior to 12:00  Noon,
     Charlotte,  North Carolina time, on the applicable  date
     for payment of such amount.

     15.2 Payment of Basic Rent.

           Basic  Rent shall be paid absolutely net to Lessor
or its designee, so that this Lease shall yield to Lessor the
full amount thereof, without setoff, deduction or reduction.

     15.3 Supplemental Rent.

           Each  applicable Lessee shall pay  to  the  Person
entitled  thereto any and all Supplemental Rent when  and  as
the  same  shall become due and payable, and if  such  Lessee
fails  to  pay  any Supplemental Rent within three  (3)  days
after  the same is due, Lessor shall have all rights,  powers
and  remedies  provided for herein or by  law  or  equity  or
otherwise in the case of nonpayment of Basic Rent.  All  such
payments  of  Supplemental Rent shall be in the  full  amount
thereof,  without  setoff,  deduction  or  reduction.    Each
applicable  Lessee  shall pay to the appropriate  Person,  as
Supplemental Rent due and owing to such Person,  among  other
things,  on  demand,  (a)  any and  all  payment  obligations
(except for amounts payable as Basic Rent) owing from time to
time  under  the Operative Agreements by any  Person  to  the
Agent,  any  Lender,  any Holder or  any  other  Person,  (b)
interest at the applicable Overdue Rate on any installment of
Basic Rent not paid when due (subject to the applicable grace
period)  for the period for which the same shall  be  overdue
and on any payment of Supplemental Rent not paid when due  or
demanded by the appropriate Person (subject to any applicable
grace period) for the period from the due date or the date of
any such demand, as the case may be, until the same shall  be
paid   and  (c)  amounts  referenced  as  Supplemental   Rent
obligations  pursuant  to Section 8.3  of  the  Participation
Agreement.   It  shall  be  an additional  Supplemental  Rent
obligation   of  each  applicable  Lessee  to  pay   to   the
appropriate  Person  all  rent and other  amounts  when  such
become  due  and  owing from time to time under  each  Ground
Lease with respect to each Property subject to a Ground Lease
and for which such Lessee has executed a Lease Supplement and
without  the necessity of any notice from Lessor with  regard
thereto.  The expiration or other termination of any Lessee's
obligations  to pay Basic Rent hereunder shall not  limit  or
modify  the  obligations  of  such  Lessee  with  respect  to
Supplemental  Rent.  Unless expressly provided  otherwise  in
this  Lease, in the event of any failure on the part  of  any
Lessee to pay and discharge any Supplemental Rent as and when
due,  such  Lessee shall also promptly pay and discharge  any
fine,  penalty,  interest or cost which may  be  assessed  or
added  for  nonpayment or late payment of  such  Supplemental
Rent, all of which shall also constitute Supplemental Rent.

     15.4 Performance on a Non-Business Day.

           If  any Basic Rent is required hereunder on a  day
that is not a Business Day, then such Basic Rent shall be due
on the corresponding Scheduled Interest Payment Date.  If any
Supplemental Rent is required hereunder on a day that is  not
a  Business Day, then such Supplemental Rent shall be due  on
the next succeeding Business Day.

     15.5 Rent Payment Provisions.

           Each  applicable Lessee shall make payment of  all
Basic  Rent  and Supplemental Rent when due (subject  to  the
applicable  grace periods) regardless of whether any  of  the
Operative Agreements pursuant to which same is calculated and
is  owing  shall have been rejected, avoided or disavowed  in
any  bankruptcy or insolvency proceeding involving any of the
parties  to any of the Operative Agreements.  Such provisions
of  such  Operative Agreements and their related  definitions
are  incorporated herein by reference and shall  survive  any
termination,  amendment or rejection of  any  such  Operative
Agreements.

                    ARTICLE XVI

     16.1 Taxes; Utility Charges.

           Each  applicable Lessee shall pay, or cause to  be
paid,  all  Impositions with respect to  each  Property  with
respect  to which such Lessee has executed a Lease Supplement
and/or   the  use,  occupancy,  operation,  repair,   access,
maintenance   or  operation  thereof  and  all  charges   for
electricity,  power,  gas,  oil, water,  telephone,  sanitary
sewer  service  and all other rents, utilities and  operating
expenses of any kind or type used in or on any Property  with
respect  to  each Property with respect to which such  Lessee
has  executed  a Lease Supplement and related  real  property
during  the  Term.   Upon Lessor's request,  each  applicable
Lessee  shall provide from time to time Lessor with  evidence
of  all  such payments referenced in the foregoing  sentence.
Each  applicable  Lessee  shall be entitled  to  receive  any
credit  or  refund with respect to any Imposition or  utility
charge paid by such Lessee.  Unless an Event of Default shall
have occurred and be continuing, the amount of any credit  or
refund  received  by Lessor on account of any  Imposition  or
utility  charge  paid by any Lessee, net  of  the  costs  and
expenses  incurred  by  Lessor in obtaining  such  credit  or
refund,  shall  be  promptly paid over to such  Lessee.   All
charges for Impositions or utilities imposed with respect  to
any  Property with respect to each Property with  respect  to
which a particular Lessee has executed a Lease Supplement for
a  period during which this Lease expires or terminates shall
be  adjusted and prorated on a daily basis between Lessor and
such  Lessee, and each party shall pay or reimburse the other
for such party's pro rata share thereof.

                    ARTICLE XVII

     17.1 Quiet Enjoyment.

           Subject  to  the  rights of  Lessor  contained  in
Sections  17.2,  17.3 and 20.3 and the other  terms  of  this
Lease  and the other Operative Agreements and so long  as  no
Event of Default shall have occurred and be continuing,  each
applicable Lessee shall peaceably and quietly have, hold  and
enjoy  each  Property  with respect  to  each  Property  with
respect  to which such Lessee has executed a Lease Supplement
for the applicable Term, free of any claim or other action by
Lessor  or  anyone rightfully claiming by, through  or  under
Lessor  (other than such Lessee) with respect to any  matters
arising from and after the applicable Commencement Date.

                    ARTICLE XVIII

     18.1 Net Lease.

           This  Lease shall constitute a net lease, and  the
obligations of each applicable Lessee hereunder are  absolute
and  unconditional.   Each applicable Lessee  shall  pay  all
operating  expenses arising out of the use, operation  and/or
occupancy of each Property with respect to which such  Lessee
has  executed a Lease Supplement.  Any present or future  law
to   the  contrary  notwithstanding,  this  Lease  shall  not
terminate, nor shall any Lessee be entitled to any abatement,
suspension,  deferment, reduction, setoff,  counterclaim,  or
defense  with respect to the Rent, nor shall the  obligations
of  any  Lessee  hereunder be affected (except  as  expressly
herein  permitted  and by performance of the  obligations  in
connection  therewith)  for any reason whatsoever,  including
without  limitation  by reason of:   (a)  any  damage  to  or
destruction  of  any Property or any part  thereof;  (b)  any
taking  of  any  Property  or any part  thereof  or  interest
therein  by  Condemnation or otherwise; (c) any  prohibition,
limitation,  restriction or prevention of any  Lessee's  use,
occupancy  or enjoyment of any Property or any part  thereof,
or  any interference with such use, occupancy or enjoyment by
any  Person  or  for any other reason; (d) any title  defect,
Lien  or any matter affecting title to any Property; (e)  any
eviction by paramount title or otherwise; (f) any default  by
Lessor  hereunder; (g) any action for bankruptcy, insolvency,
reorganization, liquidation, dissolution or other  proceeding
relating  to  or  affecting the Agent,  any  Lender,  Lessor,
Lessee,  any  Holder or any Governmental Authority;  (h)  the
impossibility  or illegality of performance  by  Lessor,  any
Lessee  or  all  of them; (i) any action of any  Governmental
Authority  or any other Person; (j) any Lessee's  acquisition
of  ownership of all or part of any Property; (k)  breach  of
any  warranty or representation with respect to any  Property
or  any Operative Agreement; (l) any defect in the condition,
quality  or  fitness  for use of any  Property  or  any  part
thereof;  or  (m)  any  other cause or  circumstance  whether
similar or dissimilar to the foregoing and whether or not any
Lessee  shall  have  notice  or  knowledge  of  any  of   the
foregoing.  The parties intend that the obligations  of  each
applicable  Lessee  hereunder shall be covenants,  agreements
and  obligations that are separate and independent  from  any
obligations of Lessor hereunder and shall continue unaffected
unless such covenants, agreements and obligations shall  have
been  modified  or terminated in accordance with  an  express
provision of this Lease.  Lessor and each Lessee acknowledges
and  agrees that the provisions of this Section 6.1 have been
specifically reviewed and subject to negotiation.

     18.2 No Termination or Abatement.

          Each applicable Lessee shall remain obligated under
this  Lease in accordance with its terms and shall  not  take
any  action  to  terminate,  rescind  or  avoid  this  Lease,
notwithstanding   any  action  for  bankruptcy,   insolvency,
reorganization, liquidation, dissolution, or other proceeding
affecting  any Person or any Governmental Authority,  or  any
action  with respect to this Lease or any Operative Agreement
which may be taken by any trustee, receiver or liquidator  of
any Person or any Governmental Authority or by any court with
respect  to any Person, or any Governmental Authority.   Each
Lessee  hereby waives all right (a) to terminate or surrender
this  Lease  (except  as permitted under  the  terms  of  the
Operative  Agreements)  or  (b)  to  avail  itself   of   any
abatement,   suspension,   deferment,   reduction,    setoff,
counterclaim  or  defense with respect  to  any  Rent.   Each
Lessee  shall remain obligated under this Lease in accordance
with  its  terms and each Lessee hereby waives  any  and  all
rights now or hereafter conferred by statute or otherwise  to
modify  or  to  avoid strict compliance with its  obligations
under  this  Lease.   Notwithstanding  any  such  statute  or
otherwise, each Lessee shall be bound by all of the terms and
conditions contained in this Lease.

                    ARTICLE XIX

     19.1 Ownership of the Properties.

           (a)   Lessor and each Lessee intend that  (i)  for
     financial  accounting  purposes  with  respect  to  such
     Lessee  (A)  this Lease will be treated as an "operating
     lease"  pursuant  to  Statement of Financial  Accounting
     Standards No. 13, as amended, (B) Lessor will be treated
     as the owner and lessor of each Property with respect to
     which  such  Lessee has executed a Lease Supplement  and
     (C)  such Lessee will be treated as the lessee  of  each
     such  Property, but (ii) for federal and all  state  and
     local  income  tax purposes and bankruptcy purposes  (A)
     this  Lease  will  be  treated as  a  secured  financing
     arrangement and (B) such Lessee will be treated  as  the
     owner of each Property with respect to which such Lessee
     has executed a Lease Supplement and will be entitled  to
     all  tax  benefits  ordinarily available  to  owners  of
     property  similar  to each such Property  for  such  tax
     purposes.  Notwithstanding the foregoing, neither  party
     hereto  has made, or shall be deemed to have  made,  any
     representation or warranty as to the availability of any
     of  the foregoing treatments under applicable accounting
     rules,  tax, bankruptcy, regulatory, commercial or  real
     estate  law  or  under any other  set  of  rules.   Each
     applicable   Lessee  shall  claim  the   cost   recovery
     deductions associated with each Property with respect to
     which  such Lessee has executed a Lease Supplement,  and
     Lessor  shall not, to the extent not prohibited by  Law,
     take on its tax return a position inconsistent with such
     Lessee's claim of such deductions.

          (b)  In accordance with Section 7.1(a), in order to
     secure  the  obligations of all Lessees and Construction
     Agents  now existing or hereafter arising under any  and
     all  Operative  Agreements, each Lessee hereby  conveys,
     grants, assigns, transfers, hypothecates, mortgages  and
     sets  over  to Lessor, for the benefit of all  Financing
     Parties, a first priority security interest (but subject
     to  the  security interest in the assets granted by  the
     Lessees  in  favor of the Agent in accordance  with  the
     Security Agreement) in and lien on all right, title  and
     interest   of  such  Lessee  (now  owned  or   hereafter
     acquired)  in and to all Properties, to the extent  such
     is  personal property and irrevocably grants and conveys
     a  lien, deed of trust and mortgage on all right,  title
     and  interest  of  such Lessee (now owned  or  hereafter
     acquired) in and to all Properties to the extent such is
     real  property.   Lessor and each Lessee further  intend
     and   agree  that,  for  the  purpose  of  securing  the
     obligations  of all Lessees and all Construction  Agents
     now  existing  or hereafter arising under the  Operative
     Agreements, (i) this Lease shall be a security agreement
     and financing statement within the meaning of Article  9
     of  the  Uniform Commercial Code respecting each of  the
     Properties   and   all   proceeds   (including   without
     limitation  insurance proceeds thereof)  to  the  extent
     such  is personal property and an irrevocable grant  and
     conveyance of a lien, deed of trust and mortgage on each
     of  the  Properties and all proceeds (including  without
     limitation  insurance proceeds thereof)  to  the  extent
     such is real property; (ii) the acquisition of title  by
     Lessor   (or  to  the  extent  applicable,  a  leasehold
     interest  pursuant to a Ground Lease) in  each  Property
     referenced  in  Article II constitutes a grant  by  each
     Lessee  to Lessor of a security interest, lien, deed  of
     trust  and mortgage in all of such Lessee's right, title
     and  interest  in and to each Property and all  proceeds
     (including   without   limitation   insurance   proceeds
     thereof) of the conversion, voluntary or involuntary, of
     the  foregoing  into  cash, investments,  securities  or
     other   property,   whether  in  the   form   of   cash,
     investments,  securities  or  other  property,  and   an
     assignment of all rents, profits and income produced  by
     each   Property;  and  (iii)  notifications  to  Persons
     holding such property, and acknowledgments, receipts  or
     confirmations from financial intermediaries, bankers  or
     agents (as applicable) of each Lessee shall be deemed to
     have been given for the purpose of perfecting such lien,
     security interest, mortgage lien and deed of trust under
     applicable  law.  Each applicable Lessee shall  promptly
     take   such  actions  as  necessary  (including  without
     limitation   the  filing  of  Uniform  Commercial   Code
     Financing  Statements, Uniform Commercial  Code  Fixture
     Filings and memoranda (or short forms) of this Lease and
     the  various Lease Supplements) to ensure that the lien,
     security  interest, mortgage lien and deed of  trust  in
     each  Property  with respect to which  such  Lessee  has
     executed   a  Lease  Supplement  and  the  other   items
     referenced above will be deemed to be a perfected  lien,
     security  interest, mortgage lien and deed of  trust  of
     first   priority  under  applicable  law  and  will   be
     maintained as such throughout the Term.

                    ARTICLE XX

     20.1 Condition of the Properties.

          EACH APPLICABLE LESSEE ACKNOWLEDGES AND AGREES THAT
IT IS LEASING EACH PROPERTY WITH RESPECT TO WHICH SUCH LESSEE
HAS  EXECUTED  A  LEASE SUPPLEMENT "AS-IS  WHERE-IS"  WITHOUT
REPRESENTATION, WARRANTY OR COVENANT (EXPRESS OR IMPLIED)  BY
LESSOR (EXCEPT THAT LESSOR SHALL KEEP EACH SUCH PROPERTY FREE
AND  CLEAR OF LESSOR LIENS) AND IN EACH CASE SUBJECT  TO  (A)
THE EXISTING STATE OF TITLE, (B) THE RIGHTS OF ANY PARTIES IN
POSSESSION THEREOF (IF ANY), (C) ANY STATE OF FACTS REGARDING
ITS  PHYSICAL  CONDITION OR WHICH AN  ACCURATE  SURVEY  MIGHT
SHOW,   (D)  ALL  APPLICABLE  LEGAL  REQUIREMENTS   AND   (E)
VIOLATIONS OF LEGAL REQUIREMENTS WHICH MAY EXIST ON THE  DATE
HEREOF  AND/OR  THE DATE OF THE APPLICABLE LEASE  SUPPLEMENT.
NEITHER  LESSOR NOR THE AGENT NOR ANY LENDER NOR  ANY  HOLDER
HAS  MADE OR SHALL BE DEEMED TO HAVE MADE ANY REPRESENTATION,
WARRANTY OR COVENANT (EXPRESS OR IMPLIED) (EXCEPT THAT LESSOR
SHALL  KEEP EACH PROPERTY FREE AND CLEAR OF LESSOR LIENS)  OR
SHALL  BE DEEMED TO HAVE ANY LIABILITY WHATSOEVER AS  TO  THE
TITLE,   VALUE,   HABITABILITY,   USE,   CONDITION,   DESIGN,
OPERATION, MERCHANTABILITY OR FITNESS FOR USE OF ANY PROPERTY
(OR  ANY PART THEREOF), OR ANY OTHER REPRESENTATION, WARRANTY
OR  COVENANT WHATSOEVER, EXPRESS OR IMPLIED, WITH RESPECT  TO
ANY  PROPERTY (OR ANY PART THEREOF), AND NEITHER  LESSOR  NOR
THE  AGENT NOR ANY LENDER NOR ANY HOLDER SHALL BE LIABLE  FOR
ANY  LATENT, HIDDEN, OR PATENT DEFECT THEREON OR THE  FAILURE
OF  ANY  PROPERTY, OR ANY PART THEREOF, TO  COMPLY  WITH  ANY
LEGAL  REQUIREMENT.  EACH APPLICABLE LESSEE HAS OR  PRIOR  TO
THE   COMMENCEMENT   DATE  WILL  HAVE  BEEN   AFFORDED   FULL
OPPORTUNITY  TO INSPECT EACH PROPERTY WITH RESPECT  TO  WHICH
SUCH   LESSEE  HAS  EXECUTED  A  LEASE  SUPPLEMENT  AND   THE
IMPROVEMENTS  THEREON (IF ANY), IS OR  WILL  BE  (INSOFAR  AS
LESSOR, THE AGENT, EACH LENDER AND EACH HOLDER ARE CONCERNED)
SATISFIED WITH THE RESULTS OF ITS INSPECTIONS AND IS ENTERING
INTO THIS LEASE SOLELY ON THE BASIS OF THE RESULTS OF ITS OWN
INSPECTIONS, AND ALL RISKS INCIDENT TO THE MATTERS  DESCRIBED
IN  THE PRECEDING SENTENCE, AS BETWEEN LESSOR, THE AGENT, THE
LENDERS  AND  THE  HOLDERS, ON THE ONE  (1)  HAND,  AND  SUCH
LESSEE, ON THE OTHER HAND, ARE TO BE BORNE BY SUCH LESSEE.

     20.2 Possession and Use of the Properties.

           (a)  At all times during the Term with respect  to
     each  Property,  such  Property  shall  be  a  Permitted
     Facility  and shall be used by the applicable Lessee  in
     the  ordinary  course of its business.  Each  applicable
     Lessee  shall pay, or cause to be paid, all charges  and
     costs  required  in  connection with  the  use  of  each
     Property  with respect to which such Lessee has executed
     a  Lease  Supplement as contemplated by this Lease.   No
     Lessee   shall  commit  or  permit  any  waste  of   the
     Properties or any part thereof.

          (b)  The address of the applicable Lessee stated on
     the  signature page in each applicable Lease  Supplement
     is  the  principal place of business and chief executive
     office of such Lessee (as such terms are used in Section
     9-103(3)   of  the  Uniform  Commercial  Code   of   any
     applicable  jurisdiction), and such Lessee will  provide
     Lessor  with  prior  written notice  of  any  change  of
     location  of  its principal place of business  or  chief
     executive office.  Regarding a particular Property, each
     Lease   Supplement  correctly  identifies  the   initial
     location   of  the  related  Equipment  (if   any)   and
     Improvements  (if  any) and contains an  accurate  legal
     description for the related parcel of Land or a copy  of
     the   Ground   Lease  (if  any).   The   Equipment   and
     Improvements respecting each particular Property will be
     located   only  at  the  location  identified   in   the
     applicable Lease Supplement.

           (c)  No Lessee will attach or incorporate any item
     of   Equipment  to or in any other item of equipment  or
     personal  property or to or in any real  property  in  a
     manner that could give rise to the assertion of any Lien
     on  such  item of Equipment by reason of such attachment
     or  the assertion of a claim that such item of Equipment
     has  become a fixture and is subject to a Lien in  favor
     of  a  third  party that is prior to the  Liens  thereon
     created by the Operative Agreements.

           (d)   On  the Commencement Date for each Property,
     Lessor  and the applicable Lessee shall execute a  Lease
     Supplement  in  regard  to  such  Property  which  shall
     contain   an  Equipment  Schedule  that  has  a  general
     description  of the Equipment which shall  comprise  the
     Property,  an  Improvement Schedule that has  a  general
     description of the Improvements which shall comprise the
     Property  and  a  legal description of the  Land  to  be
     leased hereunder (or in the case of any Property subject
     to  a Ground Lease to be subleased hereunder) as of such
     date.  Each Property subject to a Ground Lease shall  be
     deemed to be ground subleased from Lessor to such Lessee
     as  of  the Commencement Date, and such ground  sublease
     shall  be  in  effect until this Lease is terminated  or
     expires,  in each case in accordance with the terms  and
     provisions  hereof.   Such  Lessee  shall  satisfy   and
     perform  all  obligations imposed on Lessor  under  each
     Ground  Lease.   Simultaneously with the  execution  and
     delivery  of  each  Lease  Supplement,  such  Equipment,
     Improvements,  Land, ground subleasehold  interest,  all
     additional  Equipment  and all  additional  Improvements
     which  are financed under the Operative Agreements after
     the Commencement Date and the remainder of such Property
     shall be deemed to have been accepted by such Lessee for
     all  purposes  of this Lease and to be subject  to  this
     Lease.

           (e)  At all times during the Term with respect  to
     each  Property with respect to which a particular Lessee
     has executed a Lease Supplement, such Lessee will comply
     with  all obligations under and (to the extent no  Event
     of  Default exists and provided that such exercise  will
     not  impair the value, utility or remaining useful  life
     of  such  Property) shall be permitted to  exercise  all
     rights  and  remedies under, all operation and  easement
     agreements  and related or similar agreements applicable
     to such Property.

     20.3 Integrated Properties.

           On  the  Rent Commencement Date for each  Property
with  respect  to which a particular Lessee  has  executed  a
Lease  Supplement, such Lessee shall, at its  sole  cost  and
expense,  cause  such  Property and the  applicable  property
subject to a Ground Lease to constitute (and for the duration
of  the  Term  shall  continue  to  constitute)  all  of  the
equipment,  facilities, rights, other personal  property  and
other  real  property  necessary or appropriate  to  operate,
utilize,  maintain  and  control a Permitted  Facility  in  a
commercially reasonable manner.

                    ARTICLE XXI

          21.1 Compliance With Legal Requirements, Insurance
          Requirements and Manufacturer's Specifications and
          Standards.

           Subject  to the terms of Article XIII relating  to
permitted contests, each applicable Lessee, at its sole  cost
and  expense,  shall  (a) comply with  all  applicable  Legal
Requirements  (including without limitation all Environmental
Laws)  and  all  Insurance  Requirements  relating  to   each
Property  with  respect to which such Lessee has  executed  a
Lease  Supplement, (b) procure, maintain and comply with  all
licenses,  permits,  orders, approvals,  consents  and  other
authorizations  required  for the acquisition,  installation,
testing,    use,   development,   construction,    operation,
maintenance,  repair, refurbishment and restoration  of  each
Property  with  respect to which such Lessee has  executed  a
Lease  Supplement,  and  (c) comply with  all  manufacturer's
specifications  and  standards, including without  limitation
the  acquisition,  installation, testing,  use,  development,
construction,  operation, maintenance, repair,  refurbishment
and  restoration of each Property with respect to which  such
Lessee  has  executed  a  Lease Supplement,  whether  or  not
compliance    therewith   shall   require    structural    or
extraordinary changes in any Property or interfere  with  the
use  and  enjoyment  of any Property unless  the  failure  to
procure,  maintain and comply with such items  identified  in
subparagraphs  (a),  (b)  and (c),  individually  or  in  the
aggregate, shall not and could not reasonably be expected  to
have  a Material Adverse Effect.  Lessor agrees to take  such
actions  as  may  be reasonably requested by  any  Lessee  in
connection  with  the  compliance  by  such  Lessee  of   its
obligations under this Section 9.1.

                    ARTICLE XXII

     22.1 Maintenance and Repair; Return.

           (a)   Each  Lessee, at its sole cost and  expense,
     shall maintain each Property with respect to which  such
     Lessee   has  executed  a  Lease  Supplement   in   good
     condition, repair and working order (ordinary  wear  and
     tear  excepted) and in the repair and condition as  when
     originally  delivered to Lessor and make  all  necessary
     repairs thereto and replacements thereof, of every  kind
     and  nature  whatsoever, whether interior  or  exterior,
     ordinary  or  extraordinary, structural or nonstructural
     or  foreseen or unforeseen, in each case as required  by
     Section 9.1 and on a basis consistent with the operation
     and maintenance of properties or equipment comparable in
     type and function to each applicable Property, such that
     each  such  Property  is capable  of  being  immediately
     utilized  by  a  third  party  and  in  compliance  with
     standard  industry  practice subject,  however,  to  the
     provisions  of Article XV with respect to  Casualty  and
     Condemnation.

          (b)  No Lessee shall use or locate any component of
     any Property outside of the Approved State therefor.  No
     Lessee  shall  move  or relocate any  component  of  any
     Property  beyond the boundaries of the Land  (comprising
     part of such Property) described in the applicable Lease
     Supplement,   except  for  the  temporary   removal   of
     Equipment  and  other personal property  for  repair  or
     replacement.

           (c)  If any component of any Property becomes worn
     out, lost, destroyed, damaged beyond repair or otherwise
     permanently  rendered  unfit  for  use,  the  applicable
     Lessee,  at  its own expense, will within  a  reasonable
     time replace such component with a replacement component
     which  is  free  and  clear of  all  Liens  (other  than
     Permitted  Liens  and Lessor Liens)  and  has  a  value,
     utility  and useful life at least equal to the component
     replaced  (assuming  the  component  replaced  had  been
     maintained   and   repaired  in  accordance   with   the
     requirements of this Lease).  All components  which  are
     added  to  any  Property  shall immediately  become  the
     property of (and title thereto shall vest in) Lessor and
     shall  be  deemed  incorporated  in  such  Property  and
     subject  to  the  terms of this Lease as  if  originally
     leased hereunder.

          (d)  Upon reasonable advance notice, Lessor and its
     agents shall have the right to inspect each Property and
     all  maintenance  records with respect  thereto  at  any
     reasonable time during normal business hours  but  shall
     not,  in  the absence of an Event of Default, materially
     disrupt the business of any Lessee.

          (e)  If, at any time, the aggregate appraised value
     of  Properties then subject to this Lease for which  the
     Agent has received an as-built Appraisal pursuant to the
     terms  of Section 5.3 of the Participation Agreement  is
     less than twenty percent (20%) of the aggregate Property
     Cost  at  such  time (the "Base Amount"),  then  Lessees
     shall   cause   an  additional  as-built  Appraisal   or
     additional   as-built  Appraisals  to   be   immediately
     delivered  to  Lessor in an amount sufficient  to  cause
     such  aggregate appraised value to equal or  exceed  the
     Base  Amount.  In addition, Lessees shall  cause  to  be
     delivered  to  Lessor (at each applicable Lessee's  sole
     expense  with  respect to each Property for  which  such
     Lessee has executed a Lease Supplement) one (1) or  more
     additional  Appraisals (or reappraisals of Property)  as
     Lessor  may request if any one (1) of Lessor, the Agent,
     the  Trust Company, any Lender or any Holder is required
     pursuant  to any applicable Legal Requirement to  obtain
     such   Appraisals  (or  reappraisals)   and   upon   the
     occurrence of any Event of Default.

            (f)   Lessor  shall  under  no  circumstances  be
     required  to  build  any  improvements  or  install  any
     equipment   on   any   Property,   make   any   repairs,
     replacements, alterations or renewals of any  nature  or
     description   to  any  Property,  make  any  expenditure
     whatsoever in connection with this Lease or maintain any
     Property  in  any way.  Lessor shall not be required  to
     maintain,  repair  or rebuild all or  any  part  of  any
     Property,  and  each  Lessee waives  the  right  to  (i)
     require  Lessor to maintain, repair, or rebuild  all  or
     any  part of any Property, or (ii) make repairs  at  the
     expense  of  Lessor  pursuant to any Legal  Requirement,
     Insurance  Requirement, contract,  agreement,  covenant,
     condition or restriction at any time in effect.

            (g)   Each  applicable  Lessee  shall,  upon  the
     expiration  or  earlier termination of this  Lease  with
     respect to a Property with respect to which such  Lessee
     has  executed  a Lease Supplement, if such Lessee  shall
     not  have exercised its Purchase Option with respect  to
     such  Property  and  purchased such Property,  surrender
     such Property (i) to Lessor pursuant to the exercise  of
     the  applicable remedies upon the occurrence of a  Lease
     Event   of  Default  or  (ii)  pursuant  to  the  second
     paragraph  of Section 22.1(a) hereof, to Lessor  or  the
     third  party purchaser, as the case may be,  subject  to
     such  Lessee's  obligations under this Lease  (including
     without limitation the obligations of such Lessee at the
     time  of  such  surrender under  Sections  9.1,  10.1(a)
     through (f), 10.2, 11.1, 12.1, 22.1 and 23.1).

     22.2 Environmental Inspection.

           If  any applicable Lessee has not given notice  of
exercise  of  its  Purchase Option  on  the  Expiration  Date
pursuant  to Section 20.1 or for whatever reason such  Lessee
does  not  purchase  a Property with respect  to  which  such
Lessee has executed a Lease Supplement in accordance with the
terms  of  this Lease, then not more than one hundred  eighty
(180)  days  nor  less  than sixty (60)  days  prior  to  the
Expiration Date, such Lessee at its expense shall cause to be
delivered  to Lessor a Phase I environmental site  assessment
with  regard to such Property recently prepared (no more than
thirty  (30)  days  prior  to the date  of  delivery)  by  an
independent recognized professional reasonably acceptable  to
Lessor,   and   in   form,  scope  and   content   reasonably
satisfactory to Lessor.

                    ARTICLE XXIII

     23.1 Modifications.

           (a)   Each applicable Lessee at its sole cost  and
     expense,  at any time and from time to time without  the
     consent  of  Lessor may make modifications, alterations,
     renovations, improvements and additions to any  Property
     with  respect to which such Lessee has executed a  Lease
     Supplement  or  any  part thereof and substitutions  and
     replacements  therefor (collectively,  "Modifications"),
     and  each  applicable  Lessee shall  make  any  and  all
     Modifications required to be made pursuant to all  Legal
     Requirements,  Insurance Requirements and manufacturer's
     specifications and standards; provided,  that:   (i)  no
     Modification shall materially impair the value,  utility
     or  useful life of any Property from that which  existed
     immediately  prior  to  such  Modification;  (ii)   each
     Modification shall be done expeditiously and in  a  good
     and  workmanlike  manner; (iii)  no  Modification  shall
     adversely  affect  the  structural  integrity   of   any
     Property;  (iv)  to  the  extent  required  by   Section
     14.2(a), each applicable Lessee shall maintain builders'
     risk  insurance at all times when a Modification  is  in
     progress;  (v)  subject  to the terms  of  Article  XIII
     relating  to permitted contests, each applicable  Lessee
     shall pay all costs and expenses and discharge any Liens
     arising  with  respect  to any Modification;  (vi)  each
     Modification shall comply with the requirements of  this
     Lease  (including  without limitation Sections  8.2  and
     10.1);  and (vii) no Improvement shall be demolished  or
     otherwise  rendered unfit for use unless the  applicable
     Lessee    shall   finance   the   proposed   replacement
     Modification  outside of this lease facility;  provided,
     further,  no Lessee shall make any Modification  (unless
     required  by  any Legal Requirement) to the  extent  any
     such  Modification, individually or  in  the  aggregate,
     shall or could reasonably be expected to have a Material
     Adverse Effect.  All Modifications shall immediately and
     without further action upon their incorporation into the
     applicable  Property (1) become property of Lessor,  (2)
     be  subject to this Lease and (3) be titled in the  name
     of  Lessor.  No Lessee shall remove or attempt to remove
     any  Modification from any Property.  Each Ground  Lease
     for   a   Property  shall  expressly  provide  for   the
     provisions  of the foregoing sentence.  Each  applicable
     Lessee,  at its own cost and expense, will pay  for  the
     repairs  of  any damage to any Property with respect  to
     which such Lessee has executed a Lease Supplement caused
     by the removal or attempted removal of any Modification.

           (b)  The construction process provided for in  the
     Agency  Agreement  is  acknowledged  by  Lessor  to   be
     consistent  with and in compliance with  the  terms  and
     provisions of this Article XI.

                    ARTICLE XXIV

     24.1 Warranty of Title.

          (a)  Each applicable Lessee hereby acknowledges and
     shall cause title in each Property with respect to which
     such  Lessee has executed a Lease Supplement  (including
     without limitation all Equipment, all Improvements,  all
     replacement   components  to  each  Property   and   all
     Modifications) immediately and without further action to
     vest  in  and become the property of Lessor  and  to  be
     subject to the terms of this Lease (provided, respecting
     each  Property  subject  to  a  Ground  Lease,  Lessor's
     interest  therein  is acknowledged  to  be  a  leasehold
     interest  pursuant to such Ground Lease) from and  after
     the  Property  Closing Date therefor  or  such  date  of
     incorporation into any Property.  Each applicable Lessee
     agrees  that,  subject  to the  terms  of  Article  XIII
     relating  to permitted contests, such Lessee  shall  not
     directly  or  indirectly create or allow to remain,  and
     shall  promptly discharge at its sole cost and  expense,
     any  Lien,  defect,  attachment, levy,  title  retention
     agreement  or  claim upon any Property with  respect  to
     which  such Lessee has executed a Lease Supplement,  any
     component  thereof  or any Modifications  or  any  Lien,
     attachment,  levy or claim with respect to the  Rent  or
     with  respect to any amounts held by Lessor, the  Agent,
     any  Lender  or  any Holder pursuant  to  any  Operative
     Agreement, other than Permitted Liens and Lessor  Liens.
     Each  applicable Lessee shall promptly notify Lessor  in
     the  event such Lessee receives actual knowledge that  a
     Lien  other  than  a Permitted Lien or Lessor  Lien  has
     occurred  with  respect to a Property  with  respect  to
     which  such Lessee has executed a Lease Supplement,  the
     Rent  or  any  other such amounts, and  each  applicable
     Lessee  represents and warrants to, and covenants  with,
     Lessor  that  the  Liens in favor of Lessor  and/or  the
     Agent created by the Operative Agreements are (and until
     the  Financing  Parties under the  Operative  Agreements
     have  been  paid  in full shall remain)  first  priority
     perfected  Liens  subject only to  Permitted  Liens  and
     Lessor   Liens.    At  all  times  subsequent   to   the
     Commencement Date respecting a Property, each applicable
     Lessee  shall  (i)  cause  a  valid,  perfected,   first
     priority  Lien  on each Property with respect  to  which
     such  Lessee has executed a Lease Supplement  to  be  in
     place  in  favor  of the Agent (for the benefit  of  the
     Lenders and the Holders) and (ii) file, or cause  to  be
     filed, all necessary documents under the applicable real
     property  law  and  Article 9 of the Uniform  Commercial
     Code to perfect such title and Liens.

           (b)   Nothing  contained in this  Lease  shall  be
     construed  as  constituting the consent  or  request  of
     Lessor,  expressed or implied, to or for the performance
     by   any  contractor,  mechanic,  laborer,  materialman,
     supplier or vendor of any labor or services or  for  the
     furnishing   of  any  materials  for  any  construction,
     alteration, addition, repair or demolition of or to  any
     Property  or  any part thereof.  NOTICE IS HEREBY  GIVEN
     THAT  LESSOR  IS  NOT AND SHALL NOT BE  LIABLE  FOR  ANY
     LABOR,  SERVICES  OR  MATERIALS  FURNISHED  OR   TO   BE
     FURNISHED TO LESSEE, OR TO ANYONE HOLDING A PROPERTY  OR
     ANY  PART THEREOF THROUGH OR UNDER ANY LESSEE, AND  THAT
     NO  MECHANIC'S  OR  OTHER  LIENS  FOR  ANY  SUCH  LABOR,
     SERVICES  OR  MATERIALS SHALL ATTACH TO  OR  AFFECT  THE
     INTEREST OF LESSOR IN AND TO ANY PROPERTY.

                    ARTICLE XXV

      25.1  Permitted  Contests  Other  Than  in  Respect  of
      Indemnities.

           Except  to  the extent otherwise provided  for  in
Section  11  of the Participation Agreement, each  applicable
Lessee, on its own or on Lessor's behalf but at such Lessee's
sole   cost   and   expense,  may  contest,  by   appropriate
administrative  or  judicial proceedings  conducted  in  good
faith  and  with  due  diligence,  the  amount,  validity  or
application,  in whole or in part, of any Legal  Requirement,
Imposition or utility charge payable pursuant to Section  4.1
or  any  Lien, attachment, levy, encumbrance or encroachment,
and  Lessor agrees not to pay, settle or otherwise compromise
any  such  item,  provided,  that (a)  the  commencement  and
continuation of such proceedings shall suspend the collection
of   any   such  contested  amount  from,  and  suspend   the
enforcement  thereof against, each Property with  respect  to
which  such  Lessee has executed a Lease Supplement,  Lessor,
each  Holder, the Agent and each Lender; (b) there shall  not
be  imposed  a  Lien (other than Permitted Liens  and  Lessor
Liens)  on any such Property and no part of any such Property
nor any Rent would be in any danger of being sold, forfeited,
lost or deferred; (c) at no time during the permitted contest
shall there be a risk of the imposition of criminal liability
or  material civil liability on Lessor, any Holder, the Agent
or any Lender for failure to comply therewith; and (d) in the
event  that, at any time, there shall be a material  risk  of
extending the application of such item beyond the end of  the
Term,  then such Lessee shall deliver to Lessor an  Officer's
Certificate certifying as to the matters set forth in clauses
(a),  (b)  and  (c) of this Section 13.1.   Lessor,  at  such
Lessee's sole cost and expense, shall execute and deliver  to
such  Lessee such authorizations and other documents  as  may
reasonably  be required in connection with any  such  contest
and, if reasonably requested by such Lessee, shall join as  a
party therein at such Lessee's sole cost and expense.

          25.2  Impositions, Utility Charges, Other  Matters;
          Compliance with Legal Requirements.

            Except   with   respect  to  Impositions,   Legal
Requirements,   utility  charges  and  such   other   matters
referenced  in Section 13.1 which are the subject of  ongoing
proceedings  contesting the same in a manner consistent  with
the  requirements  of  Section 13.1, each  applicable  Lessee
shall  cause  (a) all Impositions, utility charges  and  such
other  matters to be timely paid, settled or compromised,  as
appropriate,  with respect to each Property with  respect  to
which  such  Lessee has executed a Lease Supplement  and  (b)
each  such  Property  to  comply with  all  applicable  Legal
Requirements, except to the extent failure to so comply would
not  and  could not reasonably be expected to have a Material
Adverse Effect.

                    ARTICLE XXVI

       26.1   Public   Liability  and  Workers'  Compensation
       Insurance.

           During the Term for each Property with respect  to
which  such  Lessee  has  executed a Lease  Supplement,  such
Lessee  shall procure and carry, at such Lessee's  sole  cost
and   expense,  commercial  general  liability  and  umbrella
liability  insurance  for  claims  for  injuries   or   death
sustained  by  persons or damage to property  while  on  such
Property  or  respecting the Equipment with respect  to  such
Property  and  such other public liability coverages  as  are
then  customarily  carried  by similarly  situated  companies
conducting business similar to that conducted by such Lessee.
Such  insurance shall be on terms and in amounts that are  no
less  favorable than insurance maintained by such Lessee with
respect to similar properties and equipment that it owns  and
are  then  carried by similarly situated companies conducting
business similar to that conducted by such Lessee, and in  no
event  shall  have  a  minimum  combined  single  limit   per
occurrence  coverage (i) for commercial general liability  of
less  than $1,000,000 and (ii) for umbrella liability of less
than $50,000,000.  The policies shall name such Lessee as the
insured  and  shall be endorsed to name Lessor, the  Holders,
the  Agent  and  the  Lenders as  additional  insureds.   The
policies  shall also specifically provide that such  policies
shall  be  considered primary insurance which shall apply  to
any  loss  or claim before any contribution by any  insurance
which Lessor, any Holder, the Agent or any Lender may have in
force.   In  the operation of each Property with  respect  to
which  such  Lessee  has  executed a Lease  Supplement,  such
Lessee  shall  comply  with applicable workers'  compensation
laws  and  protect Lessor, each Holder, the  Agent  and  each
Lender against any liability under such laws.

     26.2 Permanent Hazard and Other Insurance.

          (a)  During the Term for each Property with respect
     to  which  a  particular Lessee  has  executed  a  Lease
     Supplement, such Lessee shall keep such Property insured
     against all risk of physical loss or damage by fire  and
     other  risks and shall maintain builders' risk insurance
     during construction of any Improvements or Modifications
     in  each case in amounts no less than the Property  Cost
     of such Property from time to time and on terms that (i)
     are  no  less  favorable than insurance  covering  other
     similar  properties owned by such Lessee  and  (ii)  are
     then  carried by similarly situated companies conducting
     business similar to that conducted by such Lessee.   The
     policies shall name such Lessee as the insured and shall
     be  endorsed to name Lessor and the Agent (on behalf  of
     the  Lenders  and  the Holders) as  a  named  additional
     insured   and  loss  payee,  to  the  extent  of   their
     respective interests; provided, so long as no  Event  of
     Default  exists,  any loss payable under  the  insurance
     policies  required  by this Section  for  losses  up  to
     $1,000,000 will be paid to Lessee.

          (b)  If, during the Term with respect to a Property
     the area in which such Property is located is designated
     a  "flood-prone"  area pursuant to  the  Flood  Disaster
     Protection Act of 1973, or any amendments or supplements
     thereto  or  is in a zone designated A or  V,  then  the
     applicable  Lessee that has executed a Lease  Supplement
     with  respect  to  such Property shall comply  with  the
     National  Flood Insurance Program as set  forth  in  the
     Flood  Disaster  Protection Act of 1973.   In  addition,
     such  Lessee will fully comply with the requirements  of
     the  National Flood Insurance Act of 1968 and the  Flood
     Disaster Protection Act of 1973, as each may be  amended
     from time to time, and with any other Legal Requirement,
     concerning flood insurance to the extent that it applies
     to  any such Property.  During the Term, each applicable
     Lessee  shall, in the operation and use of each Property
     with  respect to which such Lessee has executed a  Lease
     Supplement,  maintain  workers'  compensation  insurance
     consistent  with  that  carried  by  similarly  situated
     companies  conducting business similar to that conducted
     by  such Lessee and containing minimum liability  limits
     of  no  less  than $100,000.  In the operation  of  each
     Property  with respect to which a particular Lessee  has
     executed  a  Lease Supplement, such Lessee shall  comply
     with  workers'  compensation  laws  applicable  to  such
     Lessee,  and protect Lessor, each Holder, the Agent  and
     each Lender against any liability under such laws.

     26.3 Coverage.

           (a)   As  of  the date of this Lease and  annually
     thereafter  during the Term, each Lessee  shall  furnish
     the   Agent   (on  behalf  of  Lessor  and   the   other
     beneficiaries   of   such   insurance   coverage)   with
     certificates  prepared  by  the  insurers  or  insurance
     broker   of  each  such  Lessee  showing  the  insurance
     required  under Sections 14.1 and 14.2 to be in  effect,
     naming  (to  the  extent of their respective  interests)
     Lessor,  the  Holders,  the Agent  and  the  Lenders  as
     additional  insureds and loss payees and evidencing  the
     other  requirements  of  this  Article  XIV.   All  such
     insurance  shall  be  at the cost and  expense  of  each
     Lessee  with respect to such Properties for  which  such
     Lessee  has executed a Lease Supplement and provided  by
     nationally   recognized,  financially  sound   insurance
     companies  having an A+ or better rating by A.M.  Best's
     Key  Rating  Guide.  Each applicable Lessee shall  cause
     such certificates to include a provision for thirty (30)
     days' advance written notice by the insurer to the Agent
     (on behalf of Lessor and the other beneficiaries of such
     insurance  coverage)  in the event  of  cancellation  or
     material  alteration of such insurance.  If an Event  of
     Default has occurred and is continuing and the Agent (on
     behalf  of  Lessor and the other beneficiaries  of  such
     insurance coverage) so requests, each applicable  Lessee
     shall deliver to the Agent (on behalf of Lessor and  the
     other  beneficiaries of such insurance coverage)  copies
     of  all insurance policies required by Sections 14.1 and
     14.2.

            (b)   Each  applicable  Lessee  agrees  that  the
     insurance policy or policies required by Sections  14.1,
     14.2(a) and 14.2(b) shall include an appropriate  clause
     pursuant to which any such policy shall provide that  it
     will  not  be  invalidated should  such  Lessee  or  any
     Contractor, as the case may be, waive, at any time,  any
     or  all  rights of recovery against any party for losses
     covered by such policy or due to any breach of warranty,
     fraud,  action, inaction or misrepresentation by  Lessee
     or  any  Person acting on behalf of such  Lessee.   Each
     applicable Lessee hereby waives any and all such  rights
     against  Lessor, the Holders, the Agent and the  Lenders
     to  the extent of payments made to any such Person under
     any such policy.

           (c)   Neither  Lessor nor any Lessee  shall  carry
     separate  insurance  concurrent  in  kind  or  form   or
     contributing  in  the event of loss with  any  insurance
     required under this Article XIV, except that Lessor  may
     carry separate liability insurance at Lessor's sole cost
     so  long as (i) each Lessee's insurance is designated as
     primary  and in no event excess or contributory  to  any
     insurance Lessor may have in force which would apply  to
     a  loss covered under any Lessee's policy and (ii)  each
     such  insurance  policy  will  not  cause  any  Lessee's
     insurance required under this Article XIV to be  subject
     to a coinsurance exception of any kind.

           (d)  Each Lessee shall pay as they become due  all
     premiums for the insurance required by Section 14.1  and
     Section  14.2  regarding each Property with  respect  to
     which such Lessee has executed a Lease Supplement, shall
     renew  or  replace each policy prior to  the  expiration
     date thereof or otherwise maintain the coverage required
     by such Sections without any lapse in coverage.

                    ARTICLE XXVII

     27.1 Casualty and Condemnation.

           (a)   Subject  to  the provisions  of  the  Agency
     Agreement  and this Article XV and Article XVI  (in  the
     event any applicable Lessee delivers, or is obligated to
     deliver  or  is deemed to have delivered, a  Termination
     Notice), and prior to the occurrence and continuation of
     a  Default or an Event of Default, such Lessee shall  be
     entitled  to  receive  (and  Lessor  hereby  irrevocably
     assigns to such Lessee all of Lessor's right, title  and
     interest   in)   any   condemnation   proceeds,   award,
     compensation   or  insurance  proceeds  under   Sections
     14.2(a) or 14.2(b) hereof to which such Lessee or Lessor
     may  become  entitled  by  reason  of  their  respective
     interests  in  a  Property with respect  to  which  such
     Lessee  and  the Lessor have executed a Lease Supplement
     (i)  if all or a portion of such Property is damaged  or
     destroyed in whole or in part by a Casualty or  (ii)  if
     the use, access, occupancy, easement rights or title  to
     such  Property or any part thereof is the subject  of  a
     Condemnation;  provided, however, if  a  Default  or  an
     Event  of  Default shall have occurred and be continuing
     or  if  such  award, compensation or insurance  proceeds
     shall  exceed  $1,000,000, then such award, compensation
     or  insurance proceeds shall be paid directly to  Lessor
     or,  if received by such Lessee, shall be held in  trust
     for  Lessor,  and shall be paid over by such  Lessee  to
     Lessor  and  held in accordance with the terms  of  this
     paragraph (a).  All amounts held by Lessor hereunder  on
     account of any award, compensation or insurance proceeds
     either  paid directly to Lessor or turned over to Lessor
     shall  be  held as security for the performance  of  all
     Lessees'  obligations  hereunder  and  under  the  other
     Operative  Agreements and when all such  obligations  of
     all  Lessees with respect to such matters (and all other
     obligations  of  all  Lessees  which  should  have  been
     satisfied  pursuant to the Operative  Agreements  as  of
     such  date) have been satisfied, all amounts so held  by
     Lessor shall be paid over to the applicable Lessee.

           (b)   Each  applicable Lessee may  appear  in  any
     proceeding or action to negotiate, prosecute, adjust  or
     appeal   any  claim  for  any  award,  compensation   or
     insurance  payment on account of any  such  Casualty  or
     Condemnation  and  shall pay all expenses  thereof.   At
     such  Lessee's reasonable request, and at such  Lessee's
     sole  cost  and  expense, Lessor  and  the  Agent  shall
     participate in any such proceeding, action, negotiation,
     prosecution or adjustment.  Lessor and each Lessee agree
     that  this Lease shall control the rights of Lessor  and
     each  Lessee  in and to any such award, compensation  or
     insurance payment.

           (c)   If  any  Lessee shall receive  notice  of  a
     Casualty or a Condemnation of a Property or any interest
     therein  where  damage  to  the  affected  Property   is
     estimated  to equal or exceed twenty-five percent  (25%)
     of the Property Cost of such Property, such Lessee shall
     give  notice  thereof  to  Lessor  promptly  after  such
     Lessee's  receipt of such notice.  In the event  such  a
     Casualty  or Condemnation occurs (regardless of  whether
     the  applicable Lessee gives notice thereof), then  such
     Lessee  shall be deemed to have delivered a  Termination
     Notice to Lessor and the provisions of Sections 16.1 and
     16.2 shall apply.

           (d)   In the event of a Casualty or a Condemnation
     (regardless  of  whether notice thereof  must  be  given
     pursuant  to paragraph (c)), this Lease shall  terminate
     with respect to the applicable Property with respect  to
     which   any  particular  Lessee  has  executed  a  Lease
     Supplement  in  accordance with  Section  16.1  if  such
     Lessee,  within thirty (30) days after such  occurrence,
     delivers to Lessor a notice to such effect.

           (e)   If pursuant to this Section 15.1 this  Lease
     shall  continue  in  full force and effect  following  a
     Casualty  or  Condemnation with respect to the  affected
     Property,   the  Lessee  that  has  executed   a   Lease
     Supplement with respect thereto shall, at its sole  cost
     and expense (subject to reimbursement in accordance with
     Section  15.1(a))  promptly and  diligently  repair  any
     damage  to  the  applicable  Property  caused  by   such
     Casualty   or  Condemnation  in  conformity   with   the
     requirements  of Sections 10.1 and 11.1, using  the  as-
     built   Plans   and  Specifications  or   manufacturer's
     specifications   for   the   applicable    Improvements,
     Equipment or other components of the applicable Property
     (as   modified   to  give  effect  to   any   subsequent
     Modifications, any Condemnation affecting the applicable
     Property and all applicable Legal Requirements),  so  as
     to  restore  the applicable Property to the  same  or  a
     greater  remaining economic value, useful life, utility,
     condition, operation and function as existed immediately
     prior  to  such  Casualty or Condemnation (assuming  all
     maintenance  and repair standards have been  satisfied).
     In  such  event, title to the applicable Property  shall
     remain with Lessor.

           (f)   In no event shall a Casualty or Condemnation
     affect any Lessee's obligations to pay Rent pursuant  to
     Article III.

           (g)  Notwithstanding anything to the contrary  set
     forth  in Section 15.1(a) or Section 15.1(e), if  during
     the  Term  with respect to a Property a Casualty  occurs
     with  respect to such Property or the Lessee  which  has
     executed   a  Lease  Supplement  with  respect   thereto
     receives notice of a Condemnation with respect  to  such
     Property,  and  following such Casualty or Condemnation,
     the  applicable Property cannot reasonably be  restored,
     repaired  or  replaced on or before the day one  hundred
     eighty  (180) days prior to the Expiration Date  or  the
     date  nine  (9)  months  after the  occurrence  of  such
     Casualty   or   Condemnation  (if   such   Casualty   or
     Condemnation occurs during the Term) to the  same  or  a
     greater  remaining economic value, useful life, utility,
     condition, operation and function as existed immediately
     prior  to  such  Casualty or Condemnation (assuming  all
     maintenance and repair standards have been satisfied) or
     on  or  before such day such Property is not in fact  so
     restored,  repaired or replaced, then such Lessee  shall
     be  required  to exercise its Purchase Option  for  such
     Property  on the next Payment Date (notwithstanding  the
     limits  on such exercise contained in Section 20.2)  and
     pay  Lessor  the  Termination Value for  such  Property;
     provided,  if  any  Default  or  Event  of  Default  has
     occurred  and  is  continuing, such  Lessee  shall  also
     promptly  (and  in any event within three  (3)  Business
     Days)  pay  Lessor any award, compensation or  insurance
     proceeds   received  on  account  of  any  Casualty   or
     Condemnation  with  respect to any  Property;  provided,
     further,  that  if no Default or Event  of  Default  has
     occurred and is continuing, any Excess Proceeds shall be
     paid  to  such  Lessee.  If a Default  or  an  Event  of
     Default  has occurred and is continuing and  any  Loans,
     Holder  Advances or other amounts are owing with respect
     thereto, then any Excess Proceeds (to the extent of  any
     such  Loans, Holder Advances or other amounts owing with
     respect  thereto)  shall  be paid  to  Lessor,  held  as
     security for the performance of all Lessees' obligations
     hereunder  and under the other Operative Agreements  and
     applied  to  such  obligations  upon  the  exercise   of
     remedies  in connection with the occurrence of an  Event
     of  Default, with the remainder of such Excess  Proceeds
     in  excess  of  such  Loans, Holder Advances  and  other
     amounts owing with respect thereto being distributed  to
     the applicable Lessee.

     27.2 Environmental Matters.

            Promptly  upon  any  applicable  Lessee's  actual
knowledge  of  the  presence of Hazardous Substances  in  any
portion of any Property with respect to which such Lessee has
executed  a Lease Supplement in concentrations and conditions
that constitute an Environmental Violation and which, in  the
reasonable opinion of such Lessee, the cost to undertake  any
legally required response, clean up, remedial or other action
will  or  might result in a cost to such Lessee of more  than
$15,000, such Lessee shall notify Lessor in writing  of  such
condition.   In  the  event  of any  Environmental  Violation
(regardless  of whether notice thereof must be  given),  such
Lessee  shall,  not later than thirty (30)  days  after  such
Lessee  has actual knowledge of such Environmental Violation,
either deliver to Lessor a Termination Notice with respect to
the  applicable  Property or Properties pursuant  to  Section
16.1,  if  applicable,  or, at such Lessee's  sole  cost  and
expense,  promptly  and diligently undertake  and  diligently
complete  any  response, clean up, remedial or  other  action
(including without limitation the pursuit by such  Lessee  of
appropriate action against any off-site or third party source
for  contamination) necessary to remove, cleanup or remediate
the   Environmental   Violation  in   accordance   with   all
Environmental  Laws.  Any such undertaking  shall  be  timely
completed in accordance with prudent industry standards.   If
such  Lessee  does  not  deliver a  Termination  Notice  with
respect  to  such Property pursuant to Section  16.1,  Lessee
shall,  upon  completion of remedial action by  such  Lessee,
cause  to be prepared by a reputable environmental consultant
acceptable  to  Lessor a report describing the  Environmental
Violation  and  the  actions taken by  such  Lessee  (or  its
agents)  in response to such Environmental Violation,  and  a
statement  by the consultant that the Environmental Violation
has   been   remedied  in  full  compliance  with  applicable
Environmental  Law.  Not less than sixty (60)  days  and  not
more  than  one hundred eighty (180) days prior to  any  time
that  such Lessee elects to cease operations with respect  to
any  Property  or  to  remarket  any  Property  pursuant   to
Section  20.1 hereof or any other provision of any  Operative
Agreement,  such  Lessee at its expense  shall  cause  to  be
delivered  to Lessor a Phase I environmental site  assessment
respecting  such  Property recently prepared  (no  more  than
thirty  (30)  days  prior  to the date  of  delivery)  by  an
independent recognized professional acceptable to  Lessor  in
its  reasonable  discretion and in form,  scope  and  content
satisfactory   to   Lessor  in  its  reasonable   discretion.
Notwithstanding   any  other  provision  of   any   Operative
Agreement, if such Lessee fails to comply with the  foregoing
obligation   regarding   the  Phase  I   environmental   site
assessment,  such Lessee shall be obligated to purchase  such
Property for its Termination Value and shall not be permitted
to exercise (and Lessor shall have no obligation to honor any
such  exercise)  any  rights under  any  Operative  Agreement
regarding a sale of such Property to a Person other than such
Lessee or any Affiliate of such Lessee.

     27.3 Notice of Environmental Matters.

          Promptly, but in any event within five (5) Business
Days from the date any applicable Lessee has actual knowledge
thereof,  such Lessee shall provide to Lessor written  notice
of  any  pending  or threatened claim, action  or  proceeding
involving  any  Environmental Law or any  Release  on  or  in
connection  with  any  Property with respect  to  which  such
Lessee  has  executed a Lease Supplement.  All  such  notices
shall  describe in reasonable detail the nature of the claim,
action  or  proceeding  and such Lessee's  proposed  response
thereto.   In addition, such Lessee shall provide to  Lessor,
within  five  (5)  Business Days of receipt,  copies  of  all
material   written   communications  with  any   Governmental
Authority  relating to any Environmental  Law  in  connection
with  any  Property  with respect to which  such  Lessee  has
executed  a  Lease Supplement.  The applicable  Lessee  shall
also  promptly  provide such detailed  reports  of  any  such
material  environmental claims as may reasonably be requested
by Lessor.

                    ARTICLE XXVIII

     28.1 Termination Upon Certain Events.

           If  any Lessee has delivered, or is deemed to have
delivered, written notice of a termination of this Lease with
respect to any Property with respect to which such Lessee has
executed  a Lease Supplement to Lessor in the form  described
in  Section 16.2(a) (a "Termination Notice") pursuant to  the
provisions  of  this  Lease, then  following  the  applicable
Casualty, Condemnation or Environmental Violation, this Lease
shall terminate with respect to the affected Property on  the
applicable Termination Date.

     28.2 Procedures.

           (a)   A  Termination  Notice shall  contain:   (i)
     notice of termination of this Lease with respect to  the
     affected Property on a Payment Date not more than  sixty
     (60)  days  after  Lessor's receipt of such  Termination
     Notice (the "Termination Date"); and (ii) a binding  and
     irrevocable  agreement of the applicable Lessee  to  pay
     the  Termination Value for the applicable  Property  and
     purchase such Property on such Termination Date.

           (b)   On  each  Termination Date,  the  applicable
     Lessee shall pay to Lessor the Termination Value for the
     applicable  Property,   and  Lessor  shall  convey  such
     Property  or the remaining portion thereof, if  any,  to
     such   Lessee  (or  such  Lessee's  designee),  all   in
     accordance with Section 20.2.

                    ARTICLE XXIX

     29.1 Lease Events of Default.

           If  any  one  (1) or more of the following  events
(each a "Lease Event of Default") shall occur:

           (a)  Any Lessee shall fail to make payment of  (i)
     any  Basic  Rent regarding any Property with respect  to
     which  such  Lessee  has  executed  a  Lease  Supplement
     (except  as set forth in clause (ii)) within  three  (3)
     days  after the same has become due and payable or  (ii)
     any  Termination Value payable by such  Lessee,  on  the
     date any such payment is due and payable, or any payment
     of  Basic  Rent  or Supplemental Rent  payable  by  such
     Lessee  due  on  the  due date of any  such  payment  of
     Termination Value, or any amount payable by such  Lessee
     due on the Expiration Date;

           (b)  Any Lessee shall fail to make payment of  any
     Supplemental  Rent  payable by such Lessee  (other  than
     Supplemental Rent referred to in Section 17.1(a)(ii)) or
     any  other  Credit Party shall fail to make any  payment
     payable  by  such Credit Party of any amount  under  any
     Operative  Agreement which has become  due  and  payable
     within three (3) days after receipt of notice that  such
     payment is due;

          (c)  Any Lessee shall fail to maintain insurance as
     required by Article XIV of this Lease or to deliver  any
     requisite annual certificate with respect thereto within
     ten  (10) days of the date such certificate is due under
     the terms hereof;

           (d)   (i)  Any  Lessee shall fail  to  observe  or
     perform  any term, covenant, obligation or condition  of
     such   Lessee   under  this  Lease  (including   without
     limitation  the  Incorporated Covenants)  or  any  other
     Operative  Agreement to which such  Lessee  is  a  party
     other  than those set forth in Sections 17.1(a), (b)  or
     (c)  hereof,  or any other Credit Party  shall  fail  to
     observe  or  perform any term, covenant,  obligation  or
     condition  of  such  Credit Party  under  any  Operative
     Agreement other than those set forth in Section  17.1(b)
     hereof, and such failure shall continue for thirty  (30)
     days (or with respect to the Incorporated Covenants, the
     grace  period, if any, applicable thereto) after written
     notice  thereof  has  been given to  the  Guarantor  (on
     behalf  of  such Lessee or other Credit  Party)  by  the
     Agent,  or (ii) any representation or warranty  made  by
     any  Lessee or any other Credit Party set forth in  this
     Lease  (including  without limitation  the  Incorporated
     Representation and Warranties) or in any other Operative
     Agreement  or in any document entered into in connection
     herewith or therewith or in any document, certificate or
     financial  or  other statement delivered  in  connection
     herewith  or  therewith shall be false or inaccurate  in
     any material way when made;

           (e)   An  Agency Agreement Event of Default  shall
     have occurred and be continuing;

           (f)   The  Guarantor, any Lessee or any  of  their
     respective Subsidiaries shall default (beyond applicable
     periods  of grace and/or notice and cure) in the payment
     when  due  of  any  principal  of  or  interest  on  any
     Indebtedness having an outstanding principal  amount  of
     at  least  $5,000,000; or any other event  or  condition
     shall  occur  which results in the acceleration  of  the
     maturity of any such Indebtedness or enables the  holder
     of  any  such Indebtedness or any Person acting on  such
     holder's behalf to accelerate the maturity thereof;

           (g)   The liquidation or dissolution of any Credit
     Party,  or the suspension of the business of any  Credit
     Party,  or the filing by any Credit Party of a voluntary
     petition    or   an   answer   seeking   reorganization,
     arrangement, readjustment of its debts or for any  other
     relief  under  the  United States  Bankruptcy  Code,  as
     amended, or under any other insolvency act or law, state
     or  federal,  now or hereafter existing,  or  any  other
     action  of  any Credit Party indicating its consent  to,
     approval  of  or acquiescence in, any such  petition  or
     proceeding; the application by any Credit Party for,  or
     the appointment by consent or acquiescence of any Credit
     Party  of  a receiver, a trustee or a custodian  of  any
     Credit  Party  for  all  or a substantial  part  of  its
     property;  the  making  by  any  Credit  Party  of   any
     assignment  for the benefit of creditors; the  admission
     by  any Credit Party in writing of its inability to  pay
     its  debts  as  they  mature  or  any  Credit  Party  is
     generally  not  paying  its debts  and  other  financial
     obligations  as  they  become due and  payable;  or  any
     Credit  Party  taking any corporate action to  authorize
     any of the foregoing;

           (h)  The filing of an involuntary petition against
     any    Credit    Party   in   bankruptcy   or    seeking
     reorganization, arrangement, readjustment of  its  debts
     or   for  any  other  relief  under  the  United  States
     Bankruptcy  Code,  as  amended,  or  under   any   other
     insolvency  act  or  law,  state  or  federal,  now   or
     hereafter existing; or the involuntary appointment of  a
     receiver,  a trustee or a custodian of any Credit  Party
     for  all or a substantial part of its property;  or  the
     issuance  of  a  warrant  of  attachment,  execution  or
     similar  process  against any substantial  part  of  the
     property of any Credit Party, and the continuance of any
     of   such  events  for  ninety  (90)  consecutive   days
     undismissed or undischarged;

           (i)   The  adjudication of  any  Credit  Party  as
     bankrupt  or insolvent or the entry of an order granting
     the  relief requested in a case or proceeding  described
     in  Section 17.1(h) (including, but not limited  to,  an
     order for relief under the Bankruptcy Code);

           (j)   The entering of any order in any proceedings
     against any Credit Party or any Subsidiary decreeing the
     dissolution, divestiture or split-up of any Credit Party
     or  any  Subsidiary of any Credit Party, and such  order
     remains in effect for more than sixty (60) days;

           (k)   Any report, certificate, financial statement
     or  other instrument delivered to Lessor by or on behalf
     of  any Credit Party pursuant to the terms of this Lease
     or  any other Operative Agreement is false or misleading
     in any material respect when made or delivered;

           (l)   Any Lessee Credit Agreement Event of Default
     shall have occurred and be continuing and shall not have
     been waived;

           (m)  A final judgment or judgments for the payment
     of  money shall be rendered by a court or courts against
     the  Guarantor,  any Lessee or any of  their  respective
     Subsidiaries  or  any  of  their  assets  in  excess  of
     $5,000,000 in the aggregate, and (i) the same shall  not
     be  discharged (or provision shall not be made for  such
     discharge), or a stay of execution thereof shall not  be
     procured, within forty-five (45) days from the  date  of
     entry  thereof,  or (ii) the Guarantor, such  Lessee  or
     such  Subsidiary shall not, within said period of forty-
     five  (45)  days,  or  such longer period  during  which
     execution  of  the same shall have been  stayed,  appeal
     therefrom  and cause the execution thereof to be  stayed
     during  such appeal, or (iii) such judgment or judgments
     shall not be discharged (or provisions shall not be made
     for such discharge) within forty-five (45) days after  a
     decision  has been reached with respect to  such  appeal
     and the related stay has been lifted;

           (n)   Any  Credit  Party  or  any  member  of  the
     Controlled Group shall fail to pay when due an amount or
     amounts  in  excess of $2,000,000 which  it  shall  have
     become  liable to pay to the PBGC or to a  Pension  Plan
     under  Title  IV  of  ERISA;  or  notice  of  intent  to
     terminate  a  Pension  Plan  or  Pension  Plans   having
     aggregate  Unfunded Liabilities in excess of  $2,000,000
     shall  be  filed under Title IV of ERISA by  any  Credit
     Party  or  any member of the Controlled Group, any  plan
     administrator  or any combination of the  foregoing;  or
     the  PBGC shall institute proceedings under Title IV  of
     ERISA to terminate or to cause a trustee to be appointed
     to  administer any such Pension Plan or Pension Plans or
     a  proceeding shall be instituted by a fiduciary of  any
     such  Pension Plan or Pension Plans against  any  Credit
     Party  or any member of the Controlled Group to  enforce
     Section 515 or 4219(c)(5) of ERISA; or a condition shall
     exist  by reason of which the PBGC would be entitled  to
     obtain a decree adjudicating that any such Pension  Plan
     or Pension Plans must be terminated;

            (o)    (i)  As  a  result  of  one  (1)  or  more
     transactions after the date of this Lease, any  "person"
     or  "group" of persons shall have "beneficial ownership"
     (within  the  meaning of Section 13(d) or 14(d)  of  the
     Securities  Exchange Act of 1934, as  amended,  and  the
     applicable  rules and regulations thereunder)  of  fifty
     percent (50%) or more of the outstanding common stock of
     Guarantor;  or  (ii) without limiting the generality  of
     the   foregoing,  during  any  period  of  twelve   (12)
     consecutive  months, commencing after the date  of  this
     Lease,  individuals who at the beginning of such  period
     of  twelve (12) months were directors of Guarantor shall
     cease  for  any reason to constitute a majority  of  the
     board  of  directors  of Guarantor, provided,  that  the
     relationships  among  the  respective  shareholders   of
     Guarantor  on  the  Initial Closing Date  shall  not  be
     deemed to constitute all or any combination of them as a
     "group" for purposes of clause (o)(i);

           (p)  Any Operative Agreement shall cease to be  in
full force and effect; or

           (q)   Except  as  to  any Credit  Party  which  is
     released  in  connection with the Operative  Agreements,
     the   guaranty   given  by  the  Guarantor   under   the
     Participation   Agreement  or  any  material   provision
     thereof  shall cease to be in full force and effect,  or
     the  Guarantor or any Person acting by or on  behalf  of
     the  Guarantor  shall deny or disaffirm the  Guarantor's
     obligations under such guaranty, or the Guarantor  shall
     default  in  the  due performance or observance  of  any
     term,  covenant or agreement on its part to be performed
     or observed pursuant to any guaranty;

then, in any such event, Lessor may, in addition to the other
rights and remedies provided for in this Article XVII and  in
Section  18.1,  terminate this Lease by giving the  Guarantor
(on  behalf  of  each Lessee) five (5) days  notice  of  such
termination  (provided, notwithstanding the  foregoing,  this
Lease  shall be deemed to be automatically terminated without
the giving of notice upon the occurrence of a Lease Event  of
Default  under Sections 17.1(g), (h) or (i)), and this  Lease
shall  terminate,  and all rights of each Lessee  under  this
Lease  shall cease.  Each Lessee shall, to the fullest extent
permitted  by  law, pay as Supplemental Rent  all  costs  and
expenses  incurred  by or on behalf of Lessor  or  any  other
Financing Party, including without limitation reasonable fees
and  expenses of counsel, as a result of any Lease  Event  of
Default hereunder.

     A POWER OF SALE HAS BEEN GRANTED IN THIS LEASE.  A POWER
OF  SALE MAY ALLOW LESSOR TO TAKE THE PROPERTIES AND SELL THE
PROPERTIES  WITHOUT  GOING TO COURT IN A  FORECLOSURE  ACTION
UPON THE OCCURRENCE OF A LEASE EVENT OF DEFAULT.

     29.2 Surrender of Possession.

          If a Lease Event of Default shall have occurred and
be  continuing, and whether or not this Lease shall have been
terminated pursuant to Section 17.1, each Lessee shall,  upon
thirty   (30)  days  written  notice,  surrender  to   Lessor
possession of each Property with respect to which such Lessee
has  executed a Lease Supplement.  Lessor may enter upon  and
repossess  the Properties by such means as are  available  at
law  or in equity, and may remove each applicable Lessee  and
all  other Persons and any and all personal property and each
Lessee's equipment and personalty and severable Modifications
from  the  Properties.   Lessor shall have  no  liability  by
reason  of  any such entry, repossession or removal performed
in  accordance with applicable law.  Upon the written  demand
of  Lessor,  each  Lessee  shall return  each  Property  with
respect  to which such Lessee has executed a Lease Supplement
promptly to Lessor, in the manner and condition required  by,
and  otherwise in accordance with the provisions of,  Section
22.1(c) hereof.

     29.3 Reletting.

          If a Lease Event of Default shall have occurred and
be  continuing, and whether or not this Lease shall have been
terminated pursuant to Section 17.1, Lessor may, but shall be
under  no  obligation to, relet any or all of the Properties,
for  the account of each applicable Lessee or otherwise,  for
such  term  or terms (which may be greater or less  than  the
period which would otherwise have constituted the balance  of
the   Term)  and  on  such  conditions  (which  may   include
concessions or free rent) and for such purposes as Lessor may
determine,  and  Lessor may collect, receive and  retain  the
rents  resulting from such reletting.  Lessor  shall  not  be
liable to any Lessee for any failure to relet any Property or
for any failure to collect any rent due upon such reletting.

     29.4 Damages.

          Neither (a) the termination of this Lease as to all
or  any  of the Properties pursuant to Section 17.1; (b)  the
repossession  of all or any of the Properties;  nor  (c)  the
failure of Lessor to relet all or any of the Properties,  the
reletting  of all or any portion thereof, nor the failure  of
Lessor  to collect or receive any rentals due upon  any  such
reletting,  shall relieve any Lessee of its  liabilities  and
obligations  hereunder, all of which shall survive  any  such
termination, repossession or reletting.  If any  Lease  Event
of   Default  shall  have  occurred  and  be  continuing  and
notwithstanding  any termination of this  Lease  pursuant  to
Section  17.1, each Lessee shall forthwith pay to Lessor  all
Rent  and other sums due and payable hereunder by such Lessee
to   and  including  without  limitation  the  date  of  such
termination.  Thereafter, on the days on which the Basic Rent
or  Supplemental Rent, as applicable, are payable under  this
Lease or would have been payable under this Lease if the same
had  not  been terminated pursuant to Section 17.1 and  until
the  end of the Term hereof or what would have been the  Term
in  the  absence of such termination, each applicable  Lessee
shall  pay  Lessor, as current liquidated damages  (it  being
agreed  that  it would be impossible accurately to  determine
actual  damages)  an  amount equal  to  the  Basic  Rent  and
Supplemental Rent that are payable by such Lessee under  this
Lease or would have been payable by such Lessee hereunder  if
this  Lease had not been terminated pursuant to Section 17.1,
less the net proceeds, if any, which are actually received by
Lessor  with  respect  to  the  period  in  question  of  any
reletting  of any Property with respect to which such  Lessee
has  executed  a  Lease  Supplement or any  portion  thereof;
provided,  that such Lessee's obligation to make payments  of
Basic  Rent  and  Supplemental Rent under this  Section  17.4
shall continue only so long as Lessor shall not have received
the  amounts  specified in Section 17.6.  In calculating  the
amount  of such net proceeds from reletting, there  shall  be
deducted all of Lessor's, any Holder's, the Agent's  and  any
Lender's   reasonable   expenses  in  connection   therewith,
including without limitation repossession costs, brokerage or
sales  commissions,  fees and expenses for  counsel  and  any
necessary repair or alteration costs and expenses incurred in
preparation  for  such  reletting.   To  the  extent   Lessor
receives  any  damages pursuant to this  Section  17.4,  such
amounts shall be regarded as amounts paid on account of Rent.
Each  Lessee  specifically acknowledges and agrees  that  its
obligations  under this Section 17.4 shall  be  absolute  and
unconditional under any and all circumstances  and  shall  be
paid and/or performed, as the case may be, without notice  or
demand  and  without  any  abatement, reduction,  diminution,
setoff, defense, counterclaim or recoupment whatsoever.

     29.5 Power of Sale.

           Without  limiting any other remedies set forth  in
this Lease, Lessor and each Lessee agree that each Lessee has
granted,  pursuant to Section 7.1(b) hereof  and  each  Lease
Supplement,  a  Lien against each Property  with  respect  to
which  such Lessee has executed a Lease Supplement WITH POWER
OF  SALE,  and  that,  upon  the occurrence  and  during  the
continuance of any Lease Event of Default, Lessor shall  have
the power and authority, to the extent provided by law, after
prior  notice  and lapse of such time as may be  required  by
law, to foreclose its interest (or cause such interest to  be
foreclosed) in all or any part of the Properties.

     29.6 Final Liquidated Damages.

          If a Lease Event of Default shall have occurred and
be  continuing,  whether or not this Lease  shall  have  been
terminated pursuant to Section 17.1 and whether or not Lessor
shall  have collected any current liquidated damages pursuant
to  Section 17.4, Lessor shall have the right to recover,  by
demand  to  each  Lessee as to each Property for  which  such
Lessee  has  executed  a  Lease Supplement  and  at  Lessor's
election,  and each Lessee shall pay to Lessor,  as  and  for
final  liquidated damages, but exclusive of  the  indemnities
payable  under  Section  11  of the  Participation  Agreement
(which,  if  requested, shall be paid concurrently),  and  in
lieu  of  all current liquidated damages beyond the  date  of
such  demand  (it  being agreed that it would  be  impossible
accurately to determine actual damages) the Termination Value
with  respect  to  each Property for which  such  Lessee  has
executed  a  Lease Supplement.  Upon payment  of  the  amount
specified  pursuant  to the first sentence  of  this  Section
17.6,  each  applicable Lessee shall be entitled  to  receive
from Lessor, either at such Lessee's request or upon Lessor's
election, in either case at such Lessee's cost, an assignment
of  Lessor's entire right, title and interest in and  to  the
applicable Properties, Improvements, Fixtures, Modifications,
Equipment  and  all  components  thereof,  in  each  case  in
recordable form and otherwise in conformity with local custom
and  free  and  clear  of the Lien of this  Lease  (including
without  limitation  the release of any  memoranda  of  Lease
and/or the Lease Supplement recorded in connection therewith)
and  any  Lessor Liens.  The applicable Properties  shall  be
conveyed  to such Lessee "AS-IS, WHERE-IS" and in their  then
present  physical condition.  If any statute or rule  of  law
shall  limit the amount of such final liquidated  damages  to
less than the amount agreed upon, Lessor shall be entitled to
the  maximum amount allowable under such statute or  rule  of
law;  provided,  however,  no Lessee  shall  be  entitled  to
receive  an assignment of Lessor's interest in any  Property,
Improvements,  Fixtures,  Modifications,  Equipment  or   the
components thereof unless such Lessee shall have paid in full
the Termination Value with respect to each Property for which
such  Lessee  has executed a Lease Supplement.   Each  Lessee
specifically  acknowledges and agrees  that  its  obligations
under  this  Section 17.6 shall be absolute and unconditional
under  any  and  all circumstances and shall be  paid  and/or
performed,  as the case may be, without notice or demand  and
without   any   abatement,  reduction,  diminution,   setoff,
defense, counterclaim or recoupment whatsoever.

     29.7 Environmental Costs.

          If a Lease Event of Default shall have occurred and
be  continuing, and whether or not this Lease shall have been
terminated  pursuant to Section 17.1, each Lessee  shall  pay
directly  to  any  third  party  (or  at  Lessor's  election,
reimburse  Lessor) for the cost of any environmental  testing
and/or  remediation work undertaken respecting  any  Property
with  respect  to  which such Lessee  has  executed  a  Lease
Supplement, as such testing or work is deemed appropriate  in
the  reasonable judgment of Lessor, and shall  indemnify  and
hold  harmless  Lessor  and  each  other  Indemnified  Person
therefrom.   Each Lessee shall pay all amounts referenced  in
the  immediately preceding sentence within ten (10)  days  of
any  request  by Lessor for such payment.  The provisions  of
this  Section  17.7  shall not limit the obligations  of  any
Lessee    under    any    Operative    Agreement    regarding
indemnification    obligations,    environmental     testing,
remediation and/or work.

     29.8 Waiver of Certain Rights.

           If  this  Lease  shall be terminated  pursuant  to
Section  17.1,  each  Lessee waives, to  the  fullest  extent
permitted  by  Law,  (a)  any  notice  of  re-entry  or   the
institution  of  legal  proceedings  to  obtain  re-entry  or
possession;   (b)  any  right  of  redemption,  re-entry   or
possession;  (c) the benefit of any laws now or hereafter  in
force exempting property from liability for rent or for debt;
and  (d)  any  other  rights which might otherwise  limit  or
modify  any of Lessor's rights or remedies under this Article
XVII.

     29.9 Assignment of Rights Under Contracts.

          If a Lease Event of Default shall have occurred and
be  continuing, and whether or not this Lease shall have been
terminated  pursuant to Section 17.1, each Lessee shall  upon
Lessor's demand immediately assign, transfer and set over  to
Lessor all of such Lessee's right, title and interest in  and
to  each agreement executed by such Lessee in connection with
the  acquisition,  installation, testing,  use,  development,
construction,  operation, maintenance, repair,  refurbishment
and  restoration of each Property with respect to which  such
Lessee  has  executed a Lease Supplement  (including  without
limitation all right, title and interest of such Lessee  with
respect  to all warranty, performance, service and  indemnity
provisions), as and to the extent that the same relate to the
acquisition,   installation,   testing,   use,   development,
construction,  operation, maintenance, repair,  refurbishment
and  restoration of each Property with respect to which  such
Lessee has executed a Lease Supplement.

     29.10     Remedies Cumulative.

           The  remedies herein provided shall be  cumulative
and  in  addition  to (and not in limitation  of)  any  other
remedies  available  at law, equity or  otherwise,  including
without limitation any mortgage foreclosure remedies.

                    ARTICLE XXX

     30.1 Lessor's Right to Cure Lessee's Lease Defaults.

          Lessor, without waiving or releasing any obligation
or  Lease  Event  of  Default, may (but  shall  be  under  no
obligation  to)  remedy any Lease Event of  Default  for  the
account  and at the sole cost and expense of each  applicable
Lessee,  including  without limitation  the  failure  by  any
Lessee to maintain the insurance required by Article XIV, and
may,   to   the   fullest  extent  permitted  by   law,   and
notwithstanding any right of quiet enjoyment in favor of  any
Lessee,  enter  upon any Property, and take all  such  action
thereon as may be necessary or appropriate therefor.  No such
entry shall be deemed an eviction of any Lessee.  All out-of-
pocket  costs  and  expenses so incurred  (including  without
limitation  fees  and  expenses of  counsel),  together  with
interest  thereon at the Overdue Rate from the date on  which
such  sums or expenses are paid by Lessor, shall be  paid  by
the applicable Lessee to Lessor on demand.

                    ARTICLE XXXI

      31.1  Provisions Relating to Lessee's Exercise  of  its
      Purchase Option.

           Subject  to Section 19.2, in connection  with  any
termination  of  this  Lease with  respect  to  any  Property
pursuant to the terms of Section 16.2, or in connection  with
any  Lessee's exercise of its Purchase Option, upon the  date
on  which  this  Lease is to terminate with  respect  to  any
Property,  and upon tender by any Lessee of the  amounts  set
forth  in  Sections  16.2(b) or 20.2, as  applicable,  Lessor
shall execute and deliver to such Lessee (or to such Lessee's
designee) at such Lessee's cost and expense an assignment (by
deed  or  other  appropriate instrument) of  Lessor's  entire
interest  in  such Property, in each case in recordable  form
and  otherwise in conformity with local custom and  free  and
clear  of any Lessor Liens attributable to Lessor but without
any  other  warranties (of title or otherwise)  from  Lessor.
Such Property shall be conveyed to such Lessee "AS-IS, "WHERE-
IS" and in then present physical condition.

      31.2  No Purchase or Termination With Respect  to  Less
      than All of a Property.

      No  Lessee  shall be entitled to exercise its  Purchase
Option  or  the  Sale Option separately  with  respect  to  a
portion  of  any  Property  consisting  of  Land,  Equipment,
Improvements  and/or any interest pursuant to a Ground  Lease
but  shall be required to exercise its Purchase Option or the
Sale Option with respect to an entire Property.

                    ARTICLE XXXII

     32.1 Purchase Option or Sale Option-General Provisions.

          Not less than ninety (90) days and no more than one
hundred  eighty (180) days prior to the Expiration  Date  or,
respecting the Purchase Option only, not less than sixty (60)
days and no more than one hundred eighty (180) days prior  to
any  Payment  Date (such Expiration Date or,  respecting  the
Purchase Option only, any such Payment Date being hereinafter
referred to as the "Election Date"), the Guarantor, on behalf
of  all  Lessees, may give Lessor irrevocable written  notice
(the  "Election  Notice") that each  Lessee  is  electing  to
exercise either (a) the option to purchase all, but not  less
than  all,  the Properties with respect to which such  Lessee
has  executed  a Lease Supplement on the applicable  Election
Date  (the  "Purchase  Option") or (b)  with  respect  to  an
Election Notice given in connection with the Expiration  Date
only, the option to remarket all, but not less than all,  the
Properties  with respect to which such Lessee has executed  a
Lease  Supplement to a Person other than such Lessee  or  any
Affiliate  of such Lessee and cause a sale of such Properties
to  occur  on  the applicable Election Date pursuant  to  the
terms of Section 22.1 (the "Sale Option").  If the Guarantor,
on  behalf  of all Lessees, does not give an Election  Notice
indicating  the Purchase Option or the Sale Option  at  least
ninety  (90) days and not more than one hundred eighty  (180)
days prior to the Expiration Date, then each Lessee shall  be
deemed  to have elected for the Purchase Option to  apply  on
the  Expiration  Date.  If the Guarantor, on  behalf  of  all
Lessees,  shall  either  (i) elect  (or  be  deemed  to  have
elected)  to exercise the Purchase Option or (ii)  elect  the
Sale Option and fail to cause all, but not less than all, the
Properties to be sold in accordance with the terms of Section
22.1  on  the  applicable Election Date, then in either  case
each  applicable Lessee shall pay to Lessor on  the  date  on
which  such purchase or sale is scheduled to occur an  amount
equal  to  the Termination Value for all, but not  less  than
all,  the  Properties with respect to which such  Lessee  has
executed a Lease Supplement (which the parties do not  intend
to  be a "bargain" purchase price) and, upon receipt of  such
amounts  and  satisfaction of such obligations, Lessor  shall
transfer  to  the  applicable Lessee all of  Lessor's  right,
title and interest in and to all, but not less than all, such
Properties in accordance with Section 20.2.

     32.2 Lessee Purchase Option.

          Provided, no Default or Event of Default shall have
occurred  and  be continuing (other than those that  will  be
cured  by  the  payment  of the Termination  Value  for  each
applicable  Property) and provided, that the Election  Notice
has  been appropriately given specifying the Purchase Option,
each applicable Lessee shall purchase all the Properties with
respect  to which such Lessee has executed a Lease Supplement
on  the  applicable  Election Date at a price  equal  to  the
Termination Value for such Properties (which the  parties  do
not intend to be a "bargain" purchase price).

           Subject  to Section 19.2, in connection  with  any
termination  of  this  Lease with  respect  to  any  Property
pursuant to the terms of Section 16.2, or in connection  with
Guarantor's exercise of the Purchase Option on behalf of  any
Lessee,  upon  the date on which this Lease is  to  terminate
with respect to a Property or all of the Properties, and upon
tender  by the applicable Lessee of the amounts set forth  in
Section  16.2(b) or this Section 20.2, as applicable,  Lessor
shall  execute, acknowledge (where required) and  deliver  to
such  Lessee, at such Lessee's cost and expense, each of  the
following:  (a) a termination or assignment (as requested  by
such  Lessee) of each applicable Ground Lease and special  or
limited  warranty Deeds conveying each Property with  respect
to  which such Lessee has executed a Lease Supplement (to the
extent it is real property not subject to a Ground Lease)  to
such  Lessee  free and clear of the Lien of this  Lease,  the
Lien of the Credit Documents and any Lessor Liens; (b) a Bill
of  Sale  conveying each such Property (to the extent  it  is
personal property) to such Lessee free and clear of the  Lien
of  this  Lease,  the Lien of the Credit  Documents  and  any
Lessor  Liens;  (c)  any real estate tax affidavit  or  other
document required by law to be executed and filed in order to
record the applicable Deed and/or the applicable Ground Lease
termination; and (d) FIRPTA affidavits.  All of the foregoing
documentation  must  be  in  form  and  substance  reasonably
satisfactory  to Lessor.  Each applicable Property  shall  be
conveyed  to the applicable Lessee "AS-IS, WHERE-IS"  and  in
then present physical condition.

           If  any  Property  is the subject  of  remediation
efforts  respecting Hazardous Substances  at  the  applicable
Election Date which could materially and adversely impact the
Fair  Market  Sales Value of such Property (with  materiality
determined in Lessor's discretion), then the Lessee that  has
executed a Lease Supplement respecting such Property shall be
obligated to purchase each such Property pursuant to  Section
20.2.

           On  the  applicable Election  Date  on  which  the
Guarantor,  on behalf of any Lessee, has elected to  exercise
the  Purchase  Option, the applicable Lessee  shall  pay  (or
cause to be paid) to Lessor, the Agent and all other parties,
as appropriate, the sum of all costs and expenses incurred by
any such party in connection with the election by such Lessee
to  exercise its Purchase Option and all Rent and  all  other
amounts  allocable  to such Lessee then due  and  payable  or
accrued   under   this  Lease  and/or  any  other   Operative
Agreement.

     32.3 Third Party Sale Option.

           (a)   Provided, that (i) no Default  or  Event  of
     Default  shall have occurred and be continuing and  (ii)
     the   Election  Notice  has  been  appropriately   given
     specifying the Sale Option, each Lessee shall  undertake
     to  cause a sale of each Property with respect to  which
     such  Lessee  has  executed a Lease  Supplement  on  the
     applicable  Election  Date  (all  as  specified  in  the
     Election  Notice), in accordance with the provisions  of
     Section 22.1 hereof.  Such Election Date on which a sale
     is  required may be hereafter referred to as  the  "Sale
     Date".

           (b)  In the event the Guarantor, on behalf of each
     Lessee,  exercises  the Sale Option  then,  as  soon  as
     practicable and in all events not less than  sixty  (60)
     days and not more than one hundred eighty (180) prior to
     the Sale Date, each Lessee at its expense shall cause to
     be  delivered  to  Lessor a Phase I  environmental  site
     assessment for each Property with respect to which  such
     Lessee has executed a Lease Supplement recently prepared
     (no  more  than thirty (30) days old prior to  the  Sale
     Date)   by   an   independent  recognized   professional
     reasonably acceptable to Lessor and in form,  scope  and
     content reasonably satisfactory to Lessor.  In the event
     that  Lessor  shall not have received such environmental
     site assessment by the date sixty (60) days prior to the
     Sale  Date  or  in  the  event that  such  environmental
     assessment  shall reveal the existence of  any  material
     violation   of   Environmental  Laws,   other   material
     Environmental    Violation   or    potential    material
     Environmental Violation (with materiality determined  in
     each  case by Lessor in its reasonable discretion), then
     each  Lessee  on the Sale Date shall pay  to  Lessor  an
     amount  equal to the Termination Value for each Property
     with  respect to which such Lessee has executed a  Lease
     Supplement and any and all other amounts due  and  owing
     hereunder.  Upon receipt of such payment and  all  other
     amounts allocable to such Lessee due under the Operative
     Agreements, Lessor shall transfer to each Lessee all  of
     Lessor's  right,  title  and interest  in  and  to  each
     Property  with respect to which such Lessee has executed
     a Lease Supplement in accordance with Section 19.1.

                    ARTICLE XXXIII

     33.1 [Intentionally Omitted].

                    ARTICLE XXXIV

     34.1 Sale Procedure.

           (a)  During the Marketing Period, each Lessee,  on
     behalf  of  Lessor,  shall  obtain  bids  for  the  cash
     purchase of all each Property with respect to which such
     Lessee  has  executed a Lease Supplement  in  connection
     with a sale to one (1) or more third party purchasers to
     be  consummated on the Sale Date for the  highest  price
     available, shall notify Lessor promptly of the name  and
     address of each prospective purchaser and the cash price
     which  each prospective purchaser shall have offered  to
     pay for each such Property and shall provide Lessor with
     such  additional information about the bids and the  bid
     solicitation procedure as Lessor may reasonably  request
     from time to time.  All such prospective purchasers must
     be Persons other than any Lessee or any Affiliate of any
     Lessee.   On  the Sale Date, each Lessee shall  pay  (or
     cause  to  be paid) to Lessor and all other parties,  as
     appropriate, the sum of all costs and expenses  incurred
     by  Lessor  and/or the Agent (as the  case  may  be)  in
     connection with such sale of each Property with  respect
     to  which  such Lessee has executed a Lease  Supplement,
     all  Rent and all other amounts allocable to such Lessee
     then  due and payable or accrued under this Lease and/or
     any other Operative Agreement.

           Lessor may reject any and all bids and may solicit
     and  obtain bids by giving the Guarantor, on  behalf  of
     each  Lessee,  written notice to that effect;  provided,
     however, that notwithstanding the foregoing, Lessor  may
     not  reject  the  bids submitted by any Lessee  if  such
     bids, in the aggregate, are greater than or equal to the
     sum   of  the  Limited  Recourse  Amount  for  all   the
     Properties, and represent bona fide offers from one  (1)
     or  more  third party purchasers.  If the highest  price
     which   a   prospective  purchaser  or  the  prospective
     purchasers  shall  have  offered  to  pay  for  all  the
     Properties on the Sale Date is less than the sum of  the
     Limited  Recourse  Amount for all the Properties  or  if
     such bids do not represent bona fide offers from one (1)
     or  more  third parties or if there are no bids,  Lessor
     may  elect  to  retain one or more of the Properties  by
     giving  the  Guarantor, on behalf of each Lessee,  prior
     written notice of Lessor's election to retain the  same,
     and   promptly   upon  receipt  of  such  notice,   each
     applicable  Lessee  shall  surrender,  or  cause  to  be
     surrendered,  each of the Properties specified  in  such
     notice  in  accordance with the terms and conditions  of
     Section  10.1.   Upon  acceptance  of  any  bid,  Lessor
     agrees, at each applicable Lessee's request and expense,
     to execute a contract of sale with respect to such sale,
     so long as the same is consistent with the terms of this
     Article  22  and  provides  by  its  terms  that  it  is
     nonrecourse to Lessor.

           Unless Lessor shall have elected to retain one  or
     more of the Properties pursuant to the provisions of the
     preceding  paragraph,  each  Lessee  shall  arrange  for
     Lessor to sell each Property with respect to which  such
     Lessee has executed a Lease Supplement free and clear of
     the Lien of this Lease and any Lessor Liens attributable
     to  Lessor,  without recourse or warranty (of  title  or
     otherwise),  for cash on the Sale Date to the  purchaser
     or  purchasers offering the highest cash sales price, as
     identified  by the applicable Lessee or Lessor,  as  the
     case  may be; provided, however, solely as to Lessor  or
     the  Trust  Company,  in  its individual  capacity,  any
     Lessor  Lien shall not constitute a Lessor Lien so  long
     as  Lessor  or  the  Trust Company,  in  its  individual
     capacity, is diligently and in good faith contesting, at
     the cost and expense of Lessor or the Trust Company,  in
     its individual capacity, such Lessor Lien by appropriate
     proceedings in which event the applicable Sale Date, all
     without  penalty or cost to the Lessee that has executed
     a  Lease  Supplement with respect to  such  Property  or
     Properties,  shall  be delayed for the  period  of  such
     contest.  To effect such transfer and assignment, Lessor
     shall  execute, acknowledge (where required) and deliver
     to the appropriate purchaser each of the following:  (a)
     special  or limited warranty Deeds conveying  each  such
     Property  (to the extent it is real property  titled  to
     Lessor)  and an assignment of the Ground Lease conveying
     the  leasehold interest of Lessor in each such  Property
     (to  the  extent it is real property and  subject  to  a
     Ground  Lease)  to  the appropriate purchaser  free  and
     clear  of the Lien of this Lease, the Lien of the Credit
     Documents  and  any Lessor Liens; (b)  a  Bill  of  Sale
     conveying  each  such  Property (to  the  extent  it  is
     personal  property) titled to Lessor to the  appropriate
     purchaser free and clear of the Lien of this Lease,  the
     Lien  of  the  Credit Documents and  any  Lessor  Liens;
     (c)  any  real  estate tax affidavit or  other  document
     required  by  law to be executed and filed in  order  to
     record  each  Deed and/or each Ground Lease  assignment;
     and  (d) FIRPTA affidavits, as appropriate.  All of  the
     foregoing  documentation must be in form  and  substance
     reasonably  satisfactory to Lessor.  Each  Lessee  shall
     surrender  each  Property with  respect  to  which  such
     Lessee  has  executed  a  Lease Supplement  so  sold  or
     subject  to  such  documents to each  purchaser  in  the
     condition  specified in Section 10.1, or in  such  other
     condition as may be agreed between such Lessee and  such
     purchaser.   No Lessee shall take or fail  to  take  any
     action  which  would  have the  effect  of  unreasonably
     discouraging  bona  fide  third  party  bids   for   any
     Property.   If each of the Properties is not either  (i)
     sold  on  the Sale Date in accordance with the terms  of
     this  Section 22.1, or (ii) retained by Lessor  pursuant
     to  an  affirmative election made by Lessor pursuant  to
     the  second  sentence of the second  paragraph  of  this
     Section 22.1(a), then (x) each Lessee shall be obligated
     to  pay  Lessor on the Sale Date an amount equal to  the
     aggregate  Termination  Value  for  each  Property  with
     respect  to  which  such Lessee  has  executed  a  Lease
     Supplement  less  any sales proceeds received,  and  (y)
     Lessor  shall transfer each applicable Property  to  the
     Lessee  with respect thereto in accordance with  Section
     20.2.

           (b)  If the Properties are sold on a Sale Date  to
     one  (1)  or  more third party purchasers in  accordance
     with  the  terms  of Section 22.1(a) and  the  aggregate
     purchase price paid for all the Properties is less  than
     the  sum  of  the aggregate Property Cost  for  all  the
     Properties   (hereinafter  such  difference   shall   be
     referred  to  as  the "Deficiency Balance"),  then  each
     applicable Lessee hereby unconditionally promises to pay
     to  Lessor  on  the  Sale Date all Rent  and  all  other
     amounts  allocable  to such Lessee then  due  and  owing
     pursuant  to the Operative Agreements and the lesser  of
     (i)  the Deficiency Balance for all the Properties  with
     respect  to  which  such Lessee  has  executed  a  Lease
     Supplement,  or  (ii)  the  Maximum  Residual  Guarantee
     Amount for all the Properties with respect to which such
     Lessee has executed a Lease Supplement.  On a Sale  Date
     if  (x) Lessor receives the aggregate Termination  Value
     for  all the Properties from one (1) or more third party
     purchasers,  (y)  Lessor and such other parties  receive
     all  other amounts specified in the last sentence of the
     first paragraph of Section 22.1(a) and (z) the aggregate
     purchase price paid for all the Properties on such  date
     exceeds  the sum of the aggregate Property Cost for  all
     the  Properties, then each applicable Lessee may  retain
     its  portion  of  such excess.  If one or  more  of  the
     Properties  are  retained  by  Lessor  pursuant  to   an
     affirmative  election  made by Lessor  pursuant  to  the
     provisions  of  Section 22.1(a),  then  each  applicable
     Lessee  hereby unconditionally promises to pay to Lessor
     on  the  Sale  Date  all  Rent  and  all  other  amounts
     allocable to such Lessee then due and owing pursuant  to
     the  Operative  Agreements and an amount  equal  to  the
     Maximum Residual Guarantee Amount for the Properties  of
     such  Lessee so retained.  Any payment of the  foregoing
     amounts described in this Section 22.1(b) shall be  made
     together  with a payment of all other amounts referenced
     in  the  last sentence of the first paragraph of Section
     22.1(a).

           (c)   In  the  event that all the  Properties  are
     either sold to one (1) or more third party purchasers on
     the  Sale Date or retained by Lessor in connection  with
     an  affirmative election made by Lessor pursuant to  the
     provisions  of Section 22.1(a), then in either  case  on
     the  applicable Sale Date each applicable  Lessee  shall
     provide  Lessor  or  such third party purchaser  (unless
     otherwise agreed by such third party purchaser) with (i)
     all  permits,  certificates of  occupancy,  governmental
     licenses  and authorizations necessary to use,  operate,
     repair,  access and maintain each such Property of  such
     Lessee  for the purpose it is being used by such Lessee,
     and  (ii)  such  manuals, permits, easements,  licenses,
     intellectual property, know-how, rights-of-way and other
     rights  and  privileges in the nature of an easement  as
     are reasonably necessary or desirable in connection with
     the use, operation, repair, access to or maintenance  of
     each such Property for its intended purpose or otherwise
     as   Lessor  or  such  third  party  purchaser(s)  shall
     reasonably  request  (and  a  royalty-free  license   or
     similar  agreement to effectuate the foregoing on  terms
     reasonably  agreeable  to Lessor  or  such  third  party
     purchaser(s),   as   applicable).    All    assignments,
     licenses,  easements,  agreements and  other  deliveries
     required  by clauses (i) and (ii) of this paragraph  (c)
     shall  be  in form reasonably satisfactory to Lessor  or
     such  third party purchaser(s), as applicable, and shall
     be  fully assignable (including without limitation  both
     primary assignments and assignments given in the  nature
     of  security) without payment of any fee, cost or  other
     charge.   Each applicable Lessee shall also execute  any
     documentation  requested by Lessor or such  third  party
     purchaser(s), as applicable, evidencing the continuation
     or assignment of each Ground Lease.

     34.2 Application of Proceeds of Sale.

           Lessor  shall apply the proceeds of  sale  of  any
Property in the following order of priority:

           (a)   FIRST, to pay or to reimburse Lessor (and/or
     the  Agent, as the case may be) for the payment  of  all
     reasonable costs and expenses incurred by Lessor (and/or
     the  Agent, as the case may be) in connection  with  the
     sale  (to  the  extent each applicable  Lessee  has  not
     satisfied   its  obligation  to  pay  such   costs   and
     expenses);

           (b)  SECOND, so long as the Credit Agreement is in
     effect and any Loans or Holder Advances or any amount is
     owing  to  the  Financing Parties  under  any  Operative
     Agreement,  to  the  Agent to  be  applied  pursuant  to
     intercreditor provisions among Lessor, the  Lenders  and
     the Holders contained in the Operative Agreements; and

          (c)  THIRD, to each applicable Lessee.

     34.3 Indemnity for Excessive Wear.

           If  the  proceeds of the sale described in Section
22.1  with respect to the Properties shall be less  than  the
Limited  Recourse Amount with respect to the Properties,  and
at  the  time  of  such  sale it shall have  been  reasonably
determined  (pursuant to the Appraisal  Procedure)  that  the
Fair  Market  Sales Value of the Properties shall  have  been
impaired  by greater than expected wear and tear  during  the
term of the Lease, each applicable Lessee shall pay to Lessor
within  ten  (10)  days  after receipt  of  Lessor's  written
statement  (i)  the  amount  of such  excess  wear  and  tear
determined by the Appraisal Procedure or (ii) the  amount  of
the Sale Proceeds Shortfall, whichever amount is less.

     34.4 Appraisal Procedure.

           For determining the Fair Market Sales Value of the
Properties  or  any other amount which may, pursuant  to  any
provision  of  any Operative Agreement, be determined  by  an
appraisal procedure, Lessor and each applicable Lessee  shall
use  the  following  procedure (the  "Appraisal  Procedure").
Lessor  and each applicable Lessee shall endeavor to reach  a
mutual  agreement as to such amount for a period of ten  (10)
days  from commencement of the Appraisal Procedure under  the
applicable  section of the Lease, and if  they  cannot  agree
within ten (10) days, then two (2) qualified appraisers,  one
(1) chosen by such Lessee and one (1) chosen by Lessor, shall
mutually agree thereupon, but if either party shall  fail  to
choose an appraiser within twenty (20) days after notice from
the  other party of the selection of its appraiser, then  the
appraisal  by  such appointed appraiser shall be  binding  on
such  Lessee  and  Lessor.  If the two (2) appraisers  cannot
agree  within  twenty (20) days after both  shall  have  been
appointed,  then a third appraiser shall be selected  by  the
two  (2)  appraisers or, failing agreement as to  such  third
appraiser within thirty (30) days after both shall have  been
appointed,  by  the  American Arbitration  Association.   The
decisions  of the three (3) appraisers shall be given  within
twenty  (20)  days of the appointment of the third  appraiser
and  the  decision of the appraiser most different  from  the
average  of  the  other two (2) shall be discarded  and  such
average shall be binding on Lessor and such Lessee; provided,
that  if  the highest appraisal and the lowest appraisal  are
equidistant  from  the third appraisal, the  third  appraisal
shall  be  binding on Lessor and such Lessee.  The  fees  and
expenses  of the appraiser appointed by such Lessee shall  be
paid  by  such Lessee; the fees and expenses of the appraiser
appointed  by Lessor shall be paid by Lessor (such  fees  and
expenses not being indemnified pursuant to Section 11 of  the
Participation  Agreement); and the fees and expenses  of  the
third  appraiser shall be divided equally between such Lessee
and Lessor.

     34.5  Certain Obligations Continue.

          During the Marketing Period, the obligation of each
Lessee  to  pay Rent with respect to the Properties  of  such
Lessee (including without limitation the installment of Basic
Rent  due on the Sale Date) shall continue undiminished until
payment  in full to Lessor of the sale proceeds, if any,  the
Maximum  Residual  Guarantee Amount,  the  amount  due  under
Section 22.3, if any, and all other amounts due to Lessor  or
any  other  Person  with  respect to all  Properties  or  any
Operative Agreement.  Lessor shall have the right, but  shall
be  under  no  duty,  to solicit bids, to  inquire  into  the
efforts  of  any Lessee to obtain bids or otherwise  to  take
action  in  connection  with any such  sale,  other  than  as
expressly provided in this Article XXII.

                    ARTICLE XXXV

     35.1 Holding Over.

           If  any  Lessee  shall for any  reason  remain  in
possession  of  a  Property after the expiration  or  earlier
termination  of this Lease as to such Property  (unless  such
Property  is conveyed to such Lessee), such possession  shall
be  as  a tenancy at sufferance during which time such Lessee
shall continue to pay Supplemental Rent that would be payable
by  such  Lessee hereunder were the Lease then in full  force
and  effect  with  respect to such Property and  such  Lessee
shall continue to pay Basic Rent allocable to such Lessee  at
the  lesser  of the highest lawful rate and one  hundred  ten
percent  (110%) of the last payment of Basic  Rent  due  with
respect  to such Property prior to such expiration or earlier
termination of this Lease.  Such Basic Rent shall be  payable
from  time  to time upon demand by Lessor and such additional
amount  of  Basic Rent shall be applied by Lessor ratably  to
the  Lenders and the Holders based on their relative  amounts
of  the  then  outstanding aggregate Property  Cost  for  all
Properties.  During any period of tenancy at sufferance, such
Lessee  shall, subject to the second preceding  sentence,  be
obligated  to perform and observe all of the terms, covenants
and  conditions  of  this Lease, but  shall  have  no  rights
hereunder other than the right, to the extent given by law to
tenants at sufferance, to continue their occupancy and use of
such Property.  Nothing contained in this Article XXIII shall
constitute the consent, express or implied, of Lessor to  the
holding  over of any Lessee after the expiration  or  earlier
termination  of  this Lease as to any Property  (unless  such
Property  is  conveyed to such Lessee) and nothing  contained
herein  shall be read or construed as preventing Lessor  from
maintaining  a  suit  for  possession  of  such  Property  or
exercising any other remedy available to Lessor at law or  in
equity.

                    ARTICLE XXXVI

     36.1 Risk of Loss.

          During the Term, unless any applicable Lessee shall
not  be  in  actual  possession of any Property  in  question
solely  by  reason of Lessor's exercise of  its  remedies  of
dispossession  under  Article  XVII,  the  risk  of  loss  or
decrease in the enjoyment and beneficial use of such Property
as a result of the damage or destruction thereof by fire, the
elements,  casualties, thefts, riots, wars  or  otherwise  is
assumed  by  such Lessee, and Lessor shall  in  no  event  be
answerable or accountable therefor.

                    ARTICLE XXXVII

     37.1 Assignment.

           (a)  No Lessee may assign this Lease or any of its
     rights  or obligations hereunder or with respect to  any
     Property  with respect to which such Lessee has executed
     a  Lease  Supplement in whole or in part to  any  Person
     without  the  prior written consent of  the  Agent,  the
     Lenders, the Holders and Lessor.

           (b)   No  assignment by any Lessee (referenced  in
     this  Section 25.1 or otherwise) or other relinquishment
     of possession to any Property with respect to which such
     Lessee has executed a Lease Supplement shall in any  way
     discharge  or  diminish any of the obligations  of  such
     Lessee  to Lessor hereunder and such Lessee shall remain
     directly   and  primarily  liable  under  the  Operative
     Agreements  as to any rights or obligations assigned  by
     such  Lessee  or  regarding any such Property  in  which
     rights  or  obligations have been assigned or  otherwise
     transferred.

     37.2 Subleases.

           (a)   Promptly, but in any event within  five  (5)
     Business  Days, following the execution and delivery  of
     any sublease permitted by this Article XXV, Lessee shall
     notify Lessor of the execution of such sublease.  As  of
     the  date  of each Lease Supplement, Lessee shall  lease
     the   respective  Property  described  in   such   Lease
     Supplement   from   Lessor,  and  any  existing   tenant
     respecting such Property shall automatically  be  deemed
     to  be a subtenant of the applicable Lessee with respect
     to such Property and not a tenant of Lessor.

           (b)   Without  the prior written  consent  of  the
     Agent,  any Lender, any Holder or Lessor and subject  to
     the  other  provisions of this Section 25.2, any  Lessee
     may  sublet (i) any Property or portion thereof  to  any
     wholly-owned Subsidiary of such Lessee and/or (ii) up to
     twenty-five percent (25%) of the total square footage of
     the  Properties  with respect to which such  Lessee  has
     executed a Lease Supplement to any Person that is not  a
     wholly-owned  Subsidiary  of  such  Lessee.   Except  as
     referenced  in  the immediately preceding  sentence,  no
     other  subleases shall be permitted unless consented  to
     in writing by Lessor, the Agent and the Majority Secured
     Parties.   All subleasing shall be done on market  terms
     and  shall in no way diminish the fair market  value  or
     useful life of any applicable Property.

           (c)   No sublease (referenced in this Section 25.2
     or  otherwise) or other relinquishment of possession  to
     any  Property shall in any way discharge or diminish any
     of any Lessee's obligations to Lessor hereunder and each
     Lessee shall remain directly and primarily liable  under
     this  Lease  as to each Property with respect  to  which
     such  Lessee has executed a Lease Supplement, or portion
     thereof, so sublet.  The term of any such sublease shall
     not  extend  beyond  the Term.  Each sublease  shall  be
     expressly subject and subordinate to this Lease.

                    ARTICLE XXXVIII

     38.1 No Waiver.

           No  failure by Lessor or any Lessee to insist upon
the  strict performance of any term hereof or to exercise any
right,  power  or  remedy upon a default  hereunder,  and  no
acceptance  of  full or partial payment of  Rent  during  the
continuance of any such default, shall constitute a waiver of
any  such default or of any such term.  To the fullest extent
permitted  by law, no waiver of any default shall  affect  or
alter this Lease, and this Lease shall continue in full force
and  effect  with  respect  to any  other  then  existing  or
subsequent default.

                    ARTICLE XXXIX

     39.1 Acceptance of Surrender.

           No surrender to Lessor of this Lease or of all  or
any portion of any Property or of any part of any thereof  or
of  any  interest therein shall be valid or effective  unless
agreed  to  and accepted in writing by Lessor and no  act  by
Lessor  or the Agent or any representative or agent of Lessor
or   the  Agent,  other  than  a  written  acceptance,  shall
constitute an acceptance of any such surrender.

     39.2 No Merger of Title.

           There  shall be no merger of this Lease or of  the
leasehold  estate created hereby by reason of the  fact  that
the  same  Person  may  acquire, own  or  hold,  directly  or
indirectly,  in  whole  or in part, (a)  this  Lease  or  the
leasehold estate created hereby or any interest in this Lease
or such leasehold estate, (b) any right, title or interest in
any Property, (c) any Notes, or (d) a beneficial interest  in
Lessor.

                    ARTICLE XL

     40.1 Incorporation of Covenants.

           Reference  is made to the Lessee Credit  Agreement
and  the  representations  and warranties  of  the  Guarantor
contained  in  Section  6.1 of the  Lessee  Credit  Agreement
(hereinafter referred to as the "Incorporated Representations
and  Warranties")  and  the covenants contained  in  Articles
VIII,  IX  and  X of the Lessee Credit Agreement (hereinafter
referred  to  as the "Incorporated Covenants").  Each  Credit
Party    agrees    with   Lessor   that   the    Incorporated
Representations and Warranties and the Incorporated Covenants
(and  all  other  relevant provisions of  the  Lessee  Credit
Agreement  related thereto, including without limitation  the
defined terms contained in Section 1.1 thereof which are used
in  the  Incorporated Representations and Warranties and  the
Incorporated  Covenants,  hereinafter  referred  to  as   the
"Additional  Incorporated Terms") are hereby incorporated  by
reference  into this Lease to the same extent  and  with  the
same  effect as if set forth fully herein and shall inure  to
the  benefit of Lessor, without giving effect to any  waiver,
amendment,  modification or replacement of the Lessee  Credit
Agreement  or  any  term  or provision  of  the  Incorporated
Representations and Warranties or the Incorporated  Covenants
occurring subsequent to the date of this Lease, except to the
extent  otherwise  specifically  provided  in  the  following
provisions  of  this paragraph.  In the  event  a  waiver  is
granted under the Lessee Credit Agreement or an amendment  or
modification  is executed with respect to the  Lessee  Credit
Agreement,  and  such  waiver, amendment and/or  modification
affects the Incorporated Representations and Warranties,  the
Incorporated Covenants or the Additional Incorporated  Terms,
then   such  waiver,  amendment  or  modification  shall   be
effective  with  respect to the Incorporated  Representations
and Warranties, the Incorporated Covenants and the Additional
Incorporated  Terms  as incorporated by reference  into  this
Lease  only  if consented to in writing by the Agent  (acting
upon the direction of the Majority Secured Parties).  In  the
event of any replacement of the Lessee Credit Agreement  with
a   similar   credit  facility  (the  "New   Facility")   the
representations  and  warranties,  covenants  and  additional
terms  contained in the New Facility which correspond to  the
representations  and  warranties,  covenants   contained   in
Section  6.1  and Articles VIII, IX and X, respectively,  and
such additional terms (each of the foregoing contained in the
Lessee   Credit  Agreement)  shall  become  the  Incorporated
Representations  and  Warranties, the Incorporated  Covenants
and the Additional Incorporated Terms only if consented to in
writing  by  the  Agent  (acting upon the  direction  of  the
Majority Secured Parties) and, if such consent is not granted
or  if  the  Lessee  Credit Agreement is terminated  and  not
replaced,   then  the  representations  and  warranties   and
covenants contained in Section 6.1 and Articles VIII, IX  and
X,  respectively,  and such additional  terms  (each  of  the
foregoing  contained in the Lessee Credit Agreement (together
with  any  modifications or amendments approved in accordance
with  this  paragraph)) shall continue to be the Incorporated
Representations  and  Warranties, the Incorporated  Covenants
and the Additional Incorporated Terms hereunder.

                    ARTICLE XLI

     41.1 Notices.

          All notices required or permitted to be given under
this  Lease shall be in writing and delivered as provided  in
the Participation Agreement.

                    ARTICLE XLII

     42.1 Miscellaneous.

           Anything  contained in this Lease to the  contrary
notwithstanding,  all claims against and liabilities  of  any
Lessee or Lessor arising from events commencing prior to  the
expiration or earlier termination of this Lease shall survive
such expiration or earlier termination.  If any provision  of
this  Lease  shall  be  held  to  be  unenforceable  in   any
jurisdiction,  such  unenforceability shall  not  affect  the
enforceability of any other provision of this Lease and  such
jurisdiction  or of such provision or of any other  provision
hereof in any other jurisdiction.

     42.2 Amendments and Modifications.

           Neither this Lease nor any Lease Supplement may be
amended,   waived,   discharged  or  terminated   except   in
accordance  with  the  provisions  of  Section  12.4  of  the
Participation Agreement.

     42.3 Successors and Assigns.

           All  the terms and provisions of this Lease  shall
inure  to  the  benefit  of  the  parties  hereto  and  their
respective successors and permitted assigns.

     42.4 Headings and Table of Contents.

           The  headings and table of contents in this  Lease
are for convenience of reference only and shall not limit  or
otherwise affect the meaning hereof.

     42.5 Counterparts.

           This  Lease  may  be executed  in  any  number  of
counterparts, each of which shall be an original, but all  of
which  shall  together  constitute  one  (1)  and  the   same
instrument.

     42.6 GOVERNING LAW.

           THIS  LEASE  SHALL BE GOVERNED BY  AND  CONSTRUED,
INTERPRETED AND ENFORCED IN ACCORDANCE WITH THE LAWS  OF  THE
STATE OF NORTH CAROLINA, EXCEPT TO THE EXTENT THE LAWS OF THE
STATE WHERE A PARTICULAR PROPERTY IS LOCATED ARE REQUIRED  TO
APPLY.

     42.7 Calculation of Rent.

           All calculation of Rent payable hereunder shall be
computed  based on the actual number of days elapsed  over  a
year of three hundred sixty (360) days or, to the extent such
Rent is based on the Prime Lending Rate, three hundred sixty-
five  (365) (or three hundred sixty-six (366), as applicable)
days.

     42.8 Memoranda of Lease and Lease Supplements.

           This Lease shall not be recorded; provided, Lessor
and each applicable Lessee shall promptly record a memorandum
of  this  Lease  and  the  applicable  Lease  Supplement  (in
substantially  the form of EXHIBIT B attached  hereto)  or  a
short   form   lease   (in  form  and  substance   reasonably
satisfactory to Lessor) regarding each Property with  respect
to which such Lessee has executed a Lease Supplement promptly
after the acquisition thereof in the local filing office with
respect  thereto,  in  all cases at such  Lessee's  cost  and
expense, and as required under applicable law to sufficiently
evidence  this  Lease and any such Lease  Supplement  in  the
applicable real estate filing records.

     42.9 Allocations between the Lenders and the Holders.

          Notwithstanding any other term or provision of this
Lease to the contrary, the allocations of the proceeds of the
Properties  and  any  and all other Rent  and  other  amounts
received  hereunder  shall be subject to  the  inter-creditor
provisions  between the Lenders and the Holders contained  in
the  Operative Agreements (or as otherwise agreed  among  the
Lenders and the Holders from time to time).

     42.10     Limitations on Recourse.

          Notwithstanding anything contained in this Lease to
the  contrary, each Lessee agrees to look solely to  Lessor's
estate and interest in the Properties (and in no circumstance
to  the  Agent,  the  Lenders, the Holders  or  otherwise  to
Lessor)  for  the  collection of any judgment  requiring  the
payment  of  money  by Lessor in the event  of  liability  by
Lessor,  and  no other property or assets of  Lessor  or  any
shareholder, owner or partner (direct or indirect) in  or  of
Lessor,  or  any  director, officer,  employee,  beneficiary,
Affiliate of any of the foregoing shall be subject  to  levy,
execution or other enforcement procedure for the satisfaction
of  the remedies of any Lessee under or with respect to  this
Lease, the relationship of Lessor and any Lessee hereunder or
any Lessee's use of the Properties or any other liability  of
Lessor  to  any  Lessee.  Nothing in this  Section  shall  be
interpreted so as to limit the terms of Sections 6.1  or  6.2
or  the  provisions  of  Section 12.9  of  the  Participation
Agreement.

     42.11     WAIVERS OF JURY TRIAL.

            EACH  OF  THE  PARTIES  HERETO  IRREVOCABLY   AND
     UNCONDITIONALLY,  TO  THE  FULLEST  EXTENT  ALLOWED   BY
     APPLICABLE LAW, WAIVE TRIAL BY JURY IN ANY LEGAL  ACTION
     OR  PROCEEDING  RELATING  TO  THIS  LEASE  AND  FOR  ANY
     COUNTERCLAIM THEREIN.

     42.12     Exercise of Lessor Rights.

          Each Lessee hereby acknowledges and agrees that the
rights  and  powers  of  Lessor under this  Lease  have  been
assigned  to the Agent pursuant to the terms of the  Security
Agreement  and  the other Operative Agreements.   Lessor  and
each  Lessee hereby acknowledge and agree that (a) the  Agent
shall,  in  its discretion, direct and/or act  on  behalf  of
Lessor pursuant to the provisions of Sections 8.2(h) and  8.6
of  the Participation Agreement, (b) all notices to be  given
to  Lessor shall be given to the Agent and (c) all notices to
be  given  by  Lessor  may be given  by  the  Agent,  at  its
election.

        42.13 SUBMISSION TO JURISDICTION; VENUE;
        ARBITRATION.

           THE  PROVISIONS  OF  THE  PARTICIPATION  AGREEMENT
RELATING TO SUBMISSION TO JURISDICTION, VENUE AND ARBITRATION
ARE   HEREBY   INCORPORATED  BY  REFERENCE  HEREIN,   MUTATIS
MUTANDIS.

     42.14     USURY SAVINGS PROVISION.

           IT  IS THE INTENT OF THE PARTIES HERETO TO CONFORM
TO  AND  CONTRACT IN STRICT COMPLIANCE WITH APPLICABLE  USURY
LAW  FROM TIME TO TIME IN EFFECT.  TO THE EXTENT ANY RENT  OR
PAYMENTS HEREUNDER ARE HEREINAFTER CHARACTERIZED BY ANY COURT
OF  COMPETENT JURISDICTION AS THE REPAYMENT OF PRINCIPAL  AND
INTEREST  THEREON, THIS SECTION 30.14 SHALL APPLY.  ANY  SUCH
RENT OR PAYMENTS SO CHARACTERIZED AS INTEREST MAY BE REFERRED
TO  HEREIN  AS "INTEREST."  ALL AGREEMENTS AMONG THE  PARTIES
HERETO ARE HEREBY LIMITED BY THE PROVISIONS OF THIS PARAGRAPH
WHICH SHALL OVERRIDE AND CONTROL ALL SUCH AGREEMENTS, WHETHER
NOW  EXISTING  OR  HEREAFTER ARISING AND WHETHER  WRITTEN  OR
ORAL.   IN NO WAY, NOR IN ANY EVENT OR CONTINGENCY (INCLUDING
WITHOUT LIMITATION PREPAYMENT OR ACCELERATION OF THE MATURITY
OF  ANY  OBLIGATION),  SHALL  ANY INTEREST  TAKEN,  RESERVED,
CONTRACTED  FOR,  CHARGED, OR RECEIVED UNDER  THIS  LEASE  OR
OTHERWISE,  EXCEED THE MAXIMUM NONUSURIOUS AMOUNT PERMISSIBLE
UNDER APPLICABLE LAW.  IF, FROM ANY POSSIBLE CONSTRUCTION  OF
ANY  OF  THE  OPERATIVE AGREEMENTS OR ANY OTHER  DOCUMENT  OR
AGREEMENT, INTEREST WOULD OTHERWISE BE PAYABLE IN  EXCESS  OF
THE  MAXIMUM NONUSURIOUS AMOUNT, ANY SUCH CONSTRUCTION  SHALL
BE  SUBJECT  TO  THE  PROVISIONS OF THIS PARAGRAPH  AND  SUCH
AMOUNTS   UNDER  SUCH  DOCUMENTS  OR  AGREEMENTS   SHALL   BE
AUTOMATICALLY  REDUCED  TO  THE  MAXIMUM  NONUSURIOUS  AMOUNT
PERMITTED  UNDER  APPLICABLE LAW, WITHOUT  THE  NECESSITY  OF
EXECUTION OF ANY AMENDMENT OR NEW DOCUMENT OR AGREEMENT.   IF
LESSOR  SHALL  EVER  RECEIVE  ANYTHING  OF  VALUE  WHICH   IS
CHARACTERIZED  AS  INTEREST WITH RESPECT TO  THE  OBLIGATIONS
OWED HEREUNDER OR UNDER APPLICABLE LAW AND WHICH WOULD, APART
FROM  THIS  PROVISION,  BE IN EXCESS OF  THE  MAXIMUM  LAWFUL
AMOUNT,  AN AMOUNT EQUAL TO THE AMOUNT WHICH WOULD HAVE  BEEN
EXCESSIVE INTEREST SHALL, WITHOUT PENALTY, BE APPLIED TO  THE
REDUCTION OF THE COMPONENT OF PAYMENTS DEEMED TO BE PRINCIPAL
AND NOT TO THE PAYMENT OF INTEREST, OR REFUNDED TO ANY LESSEE
OR  ANY OTHER PAYOR THEREOF, IF AND TO THE EXTENT SUCH AMOUNT
WHICH  WOULD  HAVE  BEEN EXCESSIVE EXCEEDS THE  COMPONENT  OF
PAYMENTS DEEMED TO BE PRINCIPAL.  THE RIGHT TO DEMAND PAYMENT
OF  ANY  AMOUNTS EVIDENCED BY ANY OF THE OPERATIVE AGREEMENTS
DOES NOT INCLUDE THE RIGHT TO RECEIVE ANY INTEREST WHICH  HAS
NOT  OTHERWISE ACCRUED ON THE DATE OF SUCH DEMAND, AND LESSOR
DOES NOT INTEND TO CHARGE OR RECEIVE ANY UNEARNED INTEREST IN
THE EVENT OF SUCH DEMAND.  ALL INTEREST PAID OR AGREED TO  BE
PAID  TO  LESSOR SHALL, TO THE EXTENT PERMITTED BY APPLICABLE
LAW, BE AMORTIZED, PRORATED, ALLOCATED, AND SPREAD THROUGHOUT
THE  FULL  STATED  TERM  (INCLUDING  WITHOUT  LIMITATION  ANY
RENEWAL  OR  EXTENSION) OF THIS LEASE SO THAT THE  AMOUNT  OF
INTEREST  ON  ACCOUNT OF SUCH PAYMENTS DOES  NOT  EXCEED  THE
MAXIMUM NONUSURIOUS AMOUNT PERMITTED BY APPLICABLE LAW.

                  [signature pages follow]

     IN WITNESS WHEREOF, the parties have caused this Lease
to be duly executed and delivered as of the date first above
written.

                             FIRST SECURITY BANK, NATIONAL
                             ASSOCIATION, not individually,
                             but solely as the Owner Trustee
                             under the PFG Real Estate Trust
                             2000-1, as Lessor

                             By:
                             Name:
                             Title:

                             PERFORMANCE FOOD GROUP COMPANY,
                             as Lessee

                             By:
                             Name:
                             Title:

Receipt of this original
counterpart of the foregoing
Lease is hereby acknowledged
as the date hereof

FIRST UNION NATIONAL BANK,
as the Agent

By:
Name:
Title:

                                       EXHIBIT A TO THE LEASE

                  LEASE SUPPLEMENT NO. ___

      THIS LEASE SUPPLEMENT NO. ___ (this "Lease Supplement")
dated  as of ___________, 200___ between FIRST SECURITY BANK,
NATIONAL  ASSOCIATION,  a national banking  association,  not
individually, but solely as the Owner Trustee under  the  PFG
Real  Estate  Trust  2000-1, as lessor  (the  "Lessor"),  and
_______________, a _______________ [corporation],  as  lessee
(the "Lessee").

     WHEREAS, Lessor is the owner or will be the owner of the
Property   described  on  Schedule  1  hereto  (the   "Leased
Property") and wishes to lease the same to Lessee;

     NOW, THEREFORE, in consideration of the premises and the
mutual  agreements  herein  contained  and  other  good   and
valuable consideration, the receipt and sufficiency of  which
are hereby acknowledged, the parties hereto agree as follows:

      SECTION  1.  Definitions; Rules of Usage.  For purposes
of  this Lease Supplement, capitalized terms used herein  and
not otherwise defined herein shall have the meanings assigned
to  them in Appendix A to the Participation Agreement,  dated
as  of  June 9, 2000, among the various parties thereto  from
time   to   time  as  Lessees  and  as  Construction  Agents,
Performance  Food  Group Company, as Guarantor,  Lessor,  not
individually, except as expressly stated therein, but  solely
as  the Owner Trustee under the PFG Real Estate Trust 2000-1,
the  various banks and other lending institutions  which  are
parties  thereto  from  time to time,  as  the  Holders,  the
various  banks  and  other  lending  institutions  which  are
parties thereto from time to time, as the Lenders, and  First
Union  National  Bank,  as  the Agent  for  the  Lenders  and
respecting  the  Security Documents, as  the  Agent  for  the
Lenders  and  Holders, to the extent of their  interests,  as
such   may  be  amended,  modified,  extended,  supplemented,
restated and/or replaced from time to time.

     SECTION 2.  The Properties.  Attached hereto as Schedule
1  is  the  description  of  the  Leased  Property,  with  an
Equipment  Schedule  attached  hereto  as  Schedule  1-A,  an
Improvement Schedule attached hereto as Schedule 1-B  and  [a
legal  description of the Land / a copy of the Ground  Lease]
attached   hereto  as  Schedule  1-C.   Effective  upon   the
execution and delivery of this Lease Supplement by Lessor and
Lessee, the Leased Property shall be subject to the terms and
provisions of the Lease.  Without further action, any and all
additional  Equipment  funded under the Operative  Agreements
and  any  and  all additional Improvements made to  the  Land
shall be deemed to be titled to the Lessor and subject to the
terms and conditions of the Lease and this Lease Supplement.

      This Lease Supplement shall constitute a mortgage, deed
of  trust,  security agreement and financing statement  under
the  laws  of  the  state  in which the  Leased  Property  is
situated.   The  maturity  date of  the  obligations  secured
hereby  shall be [___________] unless extended to  not  later
than [___________].

      For  purposes of provisions of the Lease and this Lease
Supplement  related  to the creation and enforcement  of  the
Lease and this Lease Supplement as a security agreement and a
fixture  filing,  Lessee  is the debtor  and  Lessor  is  the
secured  party.  The mailing addresses of the debtor  (Lessee
herein)  and of the secured party (Lessor herein) from  which
information  concerning security interests hereunder  may  be
obtained  are  set forth on the signature  pages  hereto.   A
carbon,  photographic or other reproduction of the Lease  and
this  Lease Supplement or of any financing statement  related
to the Lease and this Lease Supplement shall be sufficient as
a  financing  statement  for any of the  purposes  referenced
herein.

      SECTION  3.  Use of Property.  At all times during  the
Term  with respect to each Property, Lessee will comply  with
all  obligations under and (to the extent no Event of Default
exists  and provided, that such exercise will not impair  the
value  of  such Property) shall be permitted to exercise  all
rights   and  remedies  under,  all  operation  and  easement
agreements  and related or similar agreements  applicable  to
such Property.

      SECTION  4.  Ratification; Incorporation by  Reference.
Except  as  specifically  modified  hereby,  the  terms   and
provisions  of  the  Lease and the Operative  Agreements  are
hereby  ratified and confirmed and remain in full  force  and
effect.  The Lease is hereby incorporated herein by reference
as though restated herein in its entirety.

      SECTION  5.   Original  Lease Supplement.   The  single
executed  original  of  this Lease  Supplement  marked  "THIS
COUNTERPART  IS  THE  ORIGINAL EXECUTED COUNTERPART"  on  the
signature  page  thereof and containing the  receipt  of  the
Agent  therefor  on or following the signature  page  thereof
shall  be  the  original executed counterpart of  this  Lease
Supplement  (the  "Original Executed Counterpart").   To  the
extent  that this Lease Supplement constitutes chattel paper,
as  such term is defined in the Uniform Commercial Code as in
effect  in any applicable jurisdiction, no security  interest
in  this Lease Supplement may be created through the transfer
or  possession  of  any counterpart other than  the  Original
Executed Counterpart.

      SECTION 6.  GOVERNING LAW.  THIS LEASE SUPPLEMENT SHALL
BE GOVERNED BY AND CONSTRUED, INTERPRETED TO AND ENFORCED  IN
ACCORDANCE  WITH  THE  LAW OF THE STATE  OF  NORTH  CAROLINA,
EXCEPT TO THE EXTENT THE LAWS OF THE STATE WHERE A PARTICULAR
PROPERTY IS LOCATED ARE REQUIRED TO APPLY.

      SECTION  7.  Mortgage; Power of Sale.  Without limiting
any  other remedies set forth in the Lease, in the event that
a  court  of  competent  jurisdiction rules  that  the  Lease
constitutes  a  mortgage,  deed of  trust  or  other  secured
financing  as is the intent of the parties, then  Lessor  and
Lessee  agree  that Lessee hereby grants a Lien  against  the
Leased  Property  WITH  POWER OF SALE,  and  that,  upon  the
occurrence  of any Lease Event of Default, Lessor shall  have
the power and authority, to the extent provided by law, after
prior  notice  and lapse of such time as may be  required  by
law, to foreclose its interest (or cause such interest to  be
foreclosed) in all or any part of the Leased Property.

       SECTION   8.   Counterpart  Execution.    This   Lease
Supplement may be executed in any number of counterparts  and
by  each of the parties hereto in separate counterparts,  all
such  counterparts together constituting but one (1) and  the
same instrument.

      For purposes of the provisions of this Lease Supplement
concerning  this  Lease  Supplement constituting  a  security
agreement  and  fixture filing, the addresses of  the  debtor
(Lessee  herein) and the secured party (Lessor herein),  from
whom information may be obtained about this Lease Supplement,
are as set forth on the signature pages hereto.

   [The remainder of this page has been intentionally left
                           blank.]

      IN  WITNESS  WHEREOF, each of the  parties  hereto  has
caused  this  Lease  Supplement to be  duly  executed  by  an
officer  thereunto duly authorized as of the  date  and  year
first above written.
                              FIRST SECURITY BANK, NATIONAL
                              ASSOCIATION, not individually,
                              but solely as the Owner Trustee
                              under the PFG Real Estate Trust
                              2000-1, as Lessor

                              By:
                              Name:
                              Title:

                              First Security Bank, National
                              Association
                              79 South Main Street
                              Salt Lake City, Utah 84111
                              Attn:  Val T. Orton
                                     Vice President

                              [NAME OF LESSEE],
                              as Lessee

                              By:
                              Name:
                              Title:

                              [Name of Lessee]
                              c/o Performance Food Group Company
                              6800 Paragon Place, Suite 500
                              Richmond, Virginia 23230
                              Attn:

Receipt  of this original counterpart of the foregoing  Lease
Supplement is hereby acknowledged as the date hereof.

                              FIRST UNION NATIONAL BANK, as
                              the Agent

                              By:
                              Name:
                              Title:

                              First Union National Bank
                              c/o First Union Securities, Inc.
                              301 South College Street, TW-6
                              Charlotte, North Carolina 28288-0166

                         SCHEDULE 1
                TO LEASE SUPPLEMENT NO. ____

            (Description of the Leased Property)
                        SCHEDULE 1-A
                TO LEASE SUPPLEMENT NO. ____

                         (Equipment)
                        SCHEDULE 1-B
                TO LEASE SUPPLEMENT NO. ____

                       (Improvements)
                        SCHEDULE 1-C
                TO LEASE SUPPLEMENT NO. ____

                          [(Land)/
                       (Ground Lease)]

                   EXHIBIT B TO THE LEASE

          [MODIFY OR SUBSTITUTE SHORT FORM LEASE AS
            NECESSARY FOR LOCAL LAW REQUIREMENTS]

Recordation requested by:

Moore & Van Allen, PLLC

After recordation return to:

Moore & Van Allen, PLLC (WMA)
100 North Tryon Street, Floor 47
Charlotte, NC  28202-4003
                                        Space above this line
                                        for Recorder's use

                MEMORANDUM OF LEASE AGREEMENT
                             AND
                  LEASE SUPPLEMENT NO. ____

      THIS MEMORANDUM OF LEASE AGREEMENT AND LEASE SUPPLEMENT
NO. ____ ("Memorandum"), dated as of [_____________, 200___],
is  by and between FIRST SECURITY BANK, NATIONAL ASSOCIATION,
a  national banking association, not individually, but solely
as  the Owner Trustee under the PFG Real Estate Trust 2000-1,
with  an office at 79 South Main Street, Salt Lake City, Utah
84111    (hereinafter   referred   to   as   "Lessor")    and
_______________,  a  _______________ [corporation],  with  an
office  at 6800 Paragon Place, Suite 500, Richmond,  Virginia
23230 (hereinafter referred to as "Lessee").

                          WITNESSETH:

      That  for  value received, Lessor and Lessee do  hereby
covenant, promise and agree as follows:

      1.    Demised Premises and Date of Lease.   Lessor  has
leased to Lessee, and Lessee has leased from Lessor, for  the
Term  (as  hereinafter defined), certain  real  property  and
other  property  located  in  [________________],  which   is
described  in  the  attached  Schedule  1  (the  "Property"),
pursuant  to the terms of a Lease Agreement among Lessor  and
respecting each particular property subject to the  Lease  as
of the Initial Closing Date (as defined pursuant to the terms
of  the Lease), each Credit Party (as defined pursuant to the
terms of the Lease) referenced on the signature pages thereto
which  has executed a lease supplement pursuant to the  terms
of the Lease with respect to such property and respecting any
other  property which becomes subject to the Lease after  the
Initial  Closing Date, each other Eligible Lessee (as defined
pursuant to the terms of the Lease) designated as a lessee in
any  lease  supplement pursuant to the  terms  of  the  Lease
respecting  any  such property, as lessee dated  as  of  June
9,   2000  (as  such  may  be  amended,  modified,  extended,
supplemented,  restated and/or replaced from  time  to  time,
"Lease") and a Lease Supplement No. _____ between Lessor  and
Lessee dated as of ______________ (the "Lease Supplement").

      The  Lease and the Lease Supplement shall constitute  a
mortgage,  deed of trust and security agreement and financing
statement  under the laws of the state in which the  Property
is  situated.   The maturity date of the obligations  secured
thereby  shall be ___________, unless extended to  not  later
than ___________.

      For  purposes of provisions of the Lease and the  Lease
Supplement  related  to the creation and enforcement  of  the
Lease and the Lease Supplement as a security agreement and  a
fixture  filing,  Lessee  is the debtor  and  Lessor  is  the
secured  party.  The mailing addresses of the debtor  (Lessee
herein)  and of the secured party (Lessor herein) from  which
information  concerning security interests hereunder  may  be
obtained  are as set forth on the signature pages hereof.   A
carbon, photographic or other reproduction of this Memorandum
or  of  any financing statement related to the Lease and  the
Lease Supplement shall be sufficient as a financing statement
for any of the purposes referenced herein.

      2.    Term and Purchase Option.  The term of the  Lease
for  the Property ("Term") commenced as of __________,  200__
and  shall  end as of _________, 200__, unless  the  Term  is
earlier terminated in accordance with the provisions  of  the
Lease.  The tenant has a purchase option under the Lease.

     3.   Tax Payer Numbers.

          Lessor's tax payer number:  __________________.

          Lessee's tax payer number:  __________________.

      4.    Mortgage;  Power of Sale.  Without  limiting  any
other  remedies set forth in the Lease, in the event  that  a
court   of  competent  jurisdiction  rules  that  the   Lease
constitutes  a  mortgage,  deed of  trust  or  other  secured
financing  as is the intent of the parties, then  Lessor  and
Lessee  agree that Lessee has granted, pursuant to the  terms
of  the  Lease and the Lease Supplement, a Lien  against  the
Property  WITH  POWER OF SALE, and that, upon the  occurrence
and  during  the continuance of any Lease Event  of  Default,
Lessor  shall  have the power and authority,  to  the  extent
provided by law, after prior notice and lapse of such time as
may  be required by law, to foreclose its interest (or  cause
such  interest to be foreclosed) in all or any  part  of  the
Property.

       5.    Effect  of  Memorandum.   The  purpose  of  this
instrument  is  to  give notice of the Lease  and  the  Lease
Supplement   and  their  respective  terms,   covenants   and
conditions to the same extent as if the Lease and  the  Lease
Supplement  were  fully  set forth herein.   This  Memorandum
shall  not  modify  in  any manner the terms,  conditions  or
intent  of the Lease or the Lease Supplement and the  parties
agree  that this Memorandum is not intended nor shall  it  be
used  to  interpret  the  Lease or the  Lease  Supplement  or
determine  the intent of the parties under the Lease  or  the
Lease Supplement.

[The remainder of this page has been intentionally left blank.]
      IN  WITNESS  WHEREOF,  the  parties  hereto  have  duly
executed  this  instrument  as of  the  day  and  year  first
written.

                              LESSOR:

                              FIRST SECURITY BANK,
                              NATIONAL ASSOCIATION, not
                              individually, but solely as the
                              Owner Trustee under the PFG
                              Real Estate Trust 2000-1

                              By:
                              Name:
                              Title:

                              First Security Bank, National Association
                              79 South Main Street
                              Salt Lake City, Utah 84111
                              Attn:  Val T. Orton
                                     Vice President

                              LESSEE:

                              [NAME OF LESSEE]

                              By:
                              Name:
                              Title:

                              [Name of Lessee]
                              c/o Performance Food Group Company
                              6800 Paragon Place, Suite 500
                              Richmond, Virginia 23230
                              Attn:

                         SCHEDULE 1

                  (Description of Property)

             [CONFORM TO STATE LAW REQUIREMENTS]

STATE OF _______________      )
                              )    ss:
COUNTY OF ______________      )

     The foregoing Memorandum of Lease Agreement and Lease
Supplement No. _____ was acknowledged before me, the
undersigned Notary Public, in the County of _________________
this _____ day of ______________, by ________________, as
__________________ of FIRST SECURITY BANK, NATIONAL
ASSOCIATION, a national banking association, not
individually, but solely as the Owner Trustee under the PFG
Real Estate Trust 2000-1, on behalf of the Owner Trustee.

[Notarial Seal]
                              Notary Public

My commission expires: ____________

STATE OF _______________      )
                              )    ss:
COUNTY OF ______________      )

     The foregoing Memorandum of Lease Agreement and Lease
Supplement No. _____ was acknowledged before me, the
undersigned Notary Public, in the County of _________________
this _____ day of ______________, by ________________, as
__________________ of ___________________, a
____________________ [corporation], on behalf of the
[corporation].

[Notarial Seal]
                              Notary Public

My commission expires: ____________AMENDMENT AGREEMENT NO. 1
                                 to that certain
                    REVOLVING CREDIT AND TERM LOAN AGREEMENT
                          dated as of January 28, 1999

         This AMENDMENT  AGREEMENT NO. 1 (the  "Amendment"),  dated as March 31,
2000,  among  Morgan  Drive Away,  Inc.,  TDI,  Inc.  and Morgan  Finance,  Inc.
(collectively,  the  "Borrowers"),  The Morgan Group,  Inc. (the  "Parent",  and
together with the  Borrowers,  the  "Obligors"),  Fleet  National Bank (formerly
known  as  BankBoston,  N.A.),  and  Fleet  National  Bank  (formerly  known  as
BankBoston, N.A.), as agent for the Banks (the "Agent").

         WHEREAS,  the  Obligors,  the Banks and the Agent are  parties  to that
certain Revolving Credit and Term Loan Agreement,  dated as of January 28, 1999,
as amended (as so amended, the "Credit Agreement"); and

         WHEREAS,  the  Obligors  have  requested  that the  Banks and the Agent
agree, and the Banks and the Agent have agreed,  on the terms and subject to the
conditions  set  forth  herein,  to  amend  certain  provisions  of  the  Credit
Agreement;

         NOW, THEREFORE, the parties hereto hereby agree as follows:

         ss.1.  Defined Terms.  Capitalized  terms which are used herein without
definition  and which are  defined in the Credit  Agreement  shall have the same
meanings herein as in the Credit Agreement.

         ss.2.  Amendment of Credit  Agreement.  The Credit  Agreement  shall be
amended as follows:

         (a) The definition of "Applicable  Overadvance Amount" in ss.1.1 of the
Credit  Agreement is hereby  amended by inserting  the following new sentence at
the end thereof:

         "Notwithstanding  the foregoing,  at all times from and after March 31,
         2000, the Applicable Overadvance Amount shall be equal to $0."

         (b) The  definition  of  "Consolidated  EBITDA"  shall  be  amended  by
inserting at the end of such definition  immediately  preceding the period,  the
following clause:

         "plus, in the case of expense,  and minus,  in the case of income,  (g)
         noncash  income or expense for such  period in respect of  compensatory
         stock options."

         (c) The definition of "Pricing Table" in ss.1.1 of the Credit Agreement
is hereby amended by deleting said  definition in its entirety and  substituting
therefor the following new definition:

                  "Pricing Table...  For each period commencing on an Adjustment
         Date through the date  immediately  preceding the next  Adjustment Date
         (each a "Rate Adjustment  Period"),  the applicable margin shall be the
         applicable  percentage  set forth below with  respect to the  Obligors'
         Leverage  Ratio,  as determined at the end of the fiscal quarter of the
         Obligors  and  their  Subsidiaries  ending  immediately  prior  to  the
         applicable Rate Adjustment Period:
<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------
  Level            Leverage Ratio             Applicable       Applicable Base       Commitment Fee
                                           Eurodollar Rate       Rate Margin
                                                Margin
------------------------------------------------------------------------------------------------------
<S>        <C>                                  <C>                 <C>                  <C>
I          Greater  than or equal to 3.00       2.250%              0.750%               0.625%
           to 1.00
------------------------------------------------------------------------------------------------------
II         Less  than  3.00 to  1.00  and       2.000%              0.500%               0.625%
           greater  than or equal to 2.25
           to 1.00
------------------------------------------------------------------------------------------------------
III        Less  than  2.25 to  1.00  and       1.750%              0.250%               0.500%
           greater  than or equal to 1.50
           to 1.00
------------------------------------------------------------------------------------------------------
IV         Less  than  1.50 to  1.00  and       1.500%              0.250%               0.500%
           greater  than or equal to 1.00
           to 1.00
------------------------------------------------------------------------------------------------------
V          Less than 1.00 to 1.00               1.250%              0.250%               0.500%
------------------------------------------------------------------------------------------------------
</TABLE>

                  Notwithstanding  the foregoing,  (a) for the period commencing
         on the Closing Date through the end of the month in which the quarterly
         compliance  certificate for the fiscal quarter ending March 31, 1999 is
         delivered pursuant to ss.9.4(d) hereof, the applicable margin for Loans
         shall be that percentage  corresponding to Level II in the table above,
         and (b) if the  Obligors  fail to deliver  any  Compliance  Certificate
         pursuant to ss.9.4(d)  hereof,  then for the period  commencing  on the
         first day of the month  immediately  following the date such Compliance
         Certificate  was  due  through  the  date  immediately   preceding  the
         Adjustment  Date that occurs  immediately  following  the date on which
         such  Compliance  Certificate is delivered,  the applicable  margin for
         Loans shall be that  percentage  corresponding  to Level I in the table
         above."

         (d) The  following  new  definition  shall be  inserted in Section 1 in
appropriate alphabetical sequence:

         "Reference  Period.  A period of  twelve  consecutive  calendar  months
         ending on the relevant date of  calculation,  or such smaller number of
         months as shall have elapsed from April 1, 2000 to such date."

         (e)  Section  9.4(d)  of the  Credit  Agreement  is hereby  amended  by
inserting after the words  "referred to in subsections  (a) and (b) above",  the
words "and,  for each  calendar  month ending during the period of June 30, 2000
through  December  31,  2000,  within  fifteen  (15) days  after the end of each
calendar month".

         (f)  Section  10.4 of the  Credit  Agreement  is hereby  amended by (i)
replacing the number "200,000" with the number  "$120,000" in subclause  (b)(i),
and (ii) by deleting subclauses (b)(ii) and (b)(iii) in their entirety.

         (g) Section 11.2 of the Credit  Agreement  is amended by deleting  said
Section 11.2 in its entirety and substituting therefor the following new Section
11.2:

                  "11.2.  Cash Flow Coverage Ratio.

                  (a) The Obligors and their Subsidiaries will not permit, as at
         the end of any  calendar  quarter  of the  Obligors  ending  during any
         period  described  in the  table  set  forth  below,  the  ratio of (1)
         Consolidated  EBITDA  for the  period  of twelve  consecutive  calendar
         months then ending to (2) the sum of (A)  Consolidated  Total  Interest
         Expense for such  period plus (B)  scheduled  principal  payments  with
         respect  to  Consolidated  Funded  Debt  (including  capitalized  lease
         payments) due and payable  during such period to be less than the ratio
         set forth opposite such period in such table:

         -----------------------------------------------------------------------
                        Fiscal Period                    Ratio
         -----------------------------------------------------------------------
                    Closing Date - 6/30/99             1.20:1.00
         -----------------------------------------------------------------------
                      7/1/99 - 12/31/99                1.50:1.00
         -----------------------------------------------------------------------

         provided,   that,   scheduled   principal   payments  with  respect  to
         Consolidated  Funded Debt shall be deemed to include an amount equal to
         twenty  percent (20%) of the sum of (A)  outstanding  Revolving  Credit
         Loans plus (B) Unpaid  Reimbursement  Obligations as at the end of such
         fiscal month.

                  (b) The Obligors and their Subsidiaries will not permit, as at
         the end of any  calendar  month  of the  Obligors  commencing  with the
         calendar  month ended  April 30,  2000,  the ratio of (a)  Consolidated
         EBITDA  for the  Reference  Period  then  ending  to (b) the sum of (1)
         Consolidated  Total Interest Expense for such period plus (2) scheduled
         principal payments with respect to Consolidated  Funded Debt (including
         capitalized  lease  payments) due and payable  during such period to be
         less than 1.50:1.00;  provided, that, scheduled principal payments with
         respect  to  Consolidated  Funded  Debt  shall be deemed to  include an
         amount equal to twenty  percent 20% of the result of (X) the sum of (A)
         outstanding  Revolving  Credit  Loans  plus  (B)  Unpaid  Reimbursement
         Obligations  as at the end of such fiscal  quarter times (Y) a fraction
         equal to (C) the number of months in such  Reference  Period divided by
         (D) 12."

         (h) Section 11.3 of the Credit  Agreement is hereby amended by deleting
said Section 11.3 in its entirety and  substituting  therefor the  following new
Section 11.3:

                  "11.3.  Interest Coverage Ratio.

                  (a) The Obligors and their Subsidiaries will not permit, as at
         the end of any fiscal quarter of the Obligors  ending during any period
         described in the table set forth below,  the ratio of (a)  Consolidated
         EBITDA  for  four  consecutive  fiscal  quarters  then  ending  to  (b)
         Consolidated Total Interest Expense for such period to be less than the
         ratio set forth opposite such period in such table:

         -----------------------------------------------------------------------
                            Period                           Ratio
         -----------------------------------------------------------------------
                    Closing Date - 6/30/99                 3.00:1.00
         -----------------------------------------------------------------------
                      7/1/99 - 12/31/99                    4.00:1.00
         -----------------------------------------------------------------------

                  (b) The Obligors and their Subsidiaries will not permit, as at
         the end of any calendar month the Obligors  commencing  with the fiscal
         quarter ending April 30, 2000, the ratio of (a) Consolidated EBITDA for
         the Reference  Period then ending to (b)  Consolidated  Total  Interest
         Expense for such period to be less than 4.00:1.00."

         (i) Section 11 of the Credit  Agreement is hereby  amended by inserting
the following newss.11.6:

                  "ss.11.6.  Minimum Net Income..  The Obligors will not permit,
         for any fiscal quarter  commencing  with the fiscal quarter ending June
         30, 2000, Consolidated Net Income to be less than $1.00 for such fiscal
         quarter."

         ss.3.  Representations and Warranties.  The Obligors hereby jointly and
severally represent and warrant to the Banks as follows:

         (a) The  execution  and delivery by the Obligors of this  Amendment and
all other  instruments  and agreements  required to be executed and delivered by
the Obligors in connection with the transactions contemplated hereby or referred
to herein (collectively,  the "Amendment Documents"), and the performance by the
Obligors of their  obligations and agreements under the Amendment  Documents and
the Credit  Agreement as amended hereby,  are within the corporate  authority of
the each of the  Obligors,  have  been  authorized  by all  necessary  corporate
proceedings  on  behalf  of each  of  such  Persons,  and do not  and  will  not
contravene  any  provision  of  law  or  any of  such  Persons'  charter,  other
incorporation papers, by-laws or any stock provision or any amendment thereof or
of any indenture,  agreement, instrument or undertaking binding upon any of such
Persons.

         (b) The Amendment  Documents and the Credit Agreement as amended hereby
constitute legal, valid and binding obligations of the Obligors,  enforceable in
accordance  with  their  respective  terms,  except as  limited  by  bankruptcy,
insolvency, reorganization,  moratorium or similar laws relating to or affecting
generally the enforcement of creditors' rights.

         (c) No approval or consent of, or filing with, any governmental  agency
or  authority  is  required to make valid and  legally  binding  the  execution,
delivery or performance by the Obligors of the Amendment Documents or the Credit
Agreement  as  amended  hereby,  or  the  consummation  by the  Obligors  of the
transactions  among the parties  contemplated  hereby and thereby or referred to
herein.

         (d) The representations and warranties  contained in ss.8 of the Credit
Agreement were correct at and as of the date made. Except to the extent that the
facts upon which such  representations and warranties were based have changed in
the  ordinary  course  of  business  (which  changes,  either  singly  or in the
aggregate,   have  not  been  materially  adverse),   such  representations  and
warranties also are correct at and as of the date hereof.

         (e) The Obligors have  performed and complied in all material  respects
with all terms and conditions  herein  required to be performed or complied with
by them prior to or at the time hereof, and as of the date hereof,  after giving
effect to the provisions hereof,  there exists no Default or Event of Default or
condition which,  with either or both the giving of notice or the lapse of time,
would result in a Default or an Event of Default upon the execution and delivery
of the Amendment Documents or otherwise.

         ss.4.   Conditions  to  Effectiveness.   This  Amendment  shall  become
effective  as of the date hereof  upon  satisfaction  of each of the  conditions
precedent set forth in thisss.4:

         (a) Delivery. The Obligors, the Banks and the Agent shall have executed
and delivered this
Amendment.

         (b) Amendment  Fee..  The Obligors  shall have paid an amendment fee in
the amount of $25,000 to the Agent for the benefit of the Banks.

         (c) Proceedings and Documents... All proceedings in connection with the
transactions  contemplated by this Amendment and all documents  incident thereto
shall be reasonably  satisfactory  in substance  and form to the Agent,  and the
Agent  shall  have  received  copies  of all  final  documents  relating  to the
Leaseback  Transaction,  and all information and such  counterpart  originals or
certified or other copies of such documents as the Agent may reasonably request.

         ss.5.  Miscellaneous  Provisions.  (a)  Except as  otherwise  expressly
provided by this Amendment,  all of the terms,  conditions and provisions of the
Credit Agreement shall remain the same. It is declared and agreed by each of the
parties hereto that the Credit Agreement,  as amended hereby,  shall continue in
full force and effect, and that this Amendment and the Credit Agreement shall be
read and construed as one instrument.

         (b) This  Amendment  is intended to take effect as an  agreement  under
seal  and  shall  be  construed  according  to and  governed  by the laws of the
Commonwealth of Massachusetts.

         (c) This Amendment may be executed in any number of  counterparts,  but
all such counterparts  shall together  constitute but one instrument.  In making
proof of this Amendment it shall not be necessary to produce or account for more
than  one  counterpart  signed  by  each  party  hereto  by  and  against  which
enforcement hereof is sought.

         (d) The  Obligors  hereby  agree to pay to the Agent,  on demand by the
Agent, all reasonable  out-of-pocket costs and expenses incurred or sustained by
the  Agent in  connection  with the  preparation  of this  Amendment  (including
reasonable legal fees and expenses).

<PAGE>

         IN WITNESS WHEREOF,  the parties hereto have executed this Amendment as
of the date first written above.

                                          MORGAN DRIVE AWAY, INC.

                                          By:/s/ Dennis R. Duerksen
                                             -----------------------------------
                                             Title:  Vice President

                                          TDI, INC.

                                          By:/s/ Dennis R. Duerksen
                                             -----------------------------------
                                             Title:  Vice President

                                          MORGAN FINANCE, INC.

                                          By:/s/ Dennis R. Duerksen
                                             -----------------------------------
                                             Title:  Vice President

                                          THE MORGAN GROUP, INC.

                                          By:/s/ Dennis R. Duerksen
                                             -----------------------------------
                                             Title:  Vice President

                                          FLEET NATIONAL BANK (formerly known as
                                            BankBoston, N.A.),
                                            individually and as Agent

                                          By:/s/ Katherine A. Brand
                                             -----------------------------------
                                             Title: Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}]]