Document:

a6062858ex10_1.htm

    Exhibit
10.1

     

     

    
      	 	
              DO
      NOT RECORD

              THIS
      DOCUMENT; A

              MEMORANDUM
      OF THIS

              DOCUMENT
      MAY BE RECORDED

              IN
      ACCORDANCE WITH THE

              TERMS
      OF SECTION 41 HEREOF.

            

    

    

    
      UNITARY NET LEASE
AGREEMENT

    

    

    LEASE AGREEMENT (the “Lease”) made as of
this 25th day
of September, 2009 by and between GTY MD LEASING, INC., a Delaware corporation
(hereinafter called “Lessor”), having its
principal office at 125 Jericho Turnpike, Suite 103, Jericho, New York 11753 and
WHITE OAK PETROLEUM, LLC, a Delaware limited liability company (hereinafter
called “Lessee”), with an
office at 6820B Commercial Drive, Springfield,
VA  22151-4201.

    

    STATEMENT
OF INTENT

    

    This Lease
constitutes a single, unitary, indivisible, non-severable lease of all the
Premises (as hereinafter defined). This Lease does not constitute separate
leases contained in one document each governed by similar terms. The use of the
expression "unitary lease" to describe this Lease is not merely for convenient
reference. It is the conscious choice of a substantive appellation to express
the intent of the parties in regard to an integral part of this
transaction.  To accomplish the creation of an indivisible lease, the
parties intend that from an economic point of view the Sites (as hereinafter
defined) leased pursuant to this Lease constitute one economic unit and that the
Fixed Annual Rent (as hereinafter defined) and all other provisions of this
Lease have been negotiated and agreed to based on a demise of all the Sites
covered by this Lease as a single, composite, inseparable transaction. Except as
expressly provided in this Lease for specific isolated purposes (and in such
cases only to the extent expressly so stated), all provisions of this Lease,
including definitions, commencement and expiration dates, rental provisions, use
provisions, renewal provisions, breach, default, enforcement and termination
provisions and assignment and subletting, shall apply equally and uniformly to
all the Premises as one unit and are not severable. A default of any of the
terms or conditions of this Lease occurring with respect to any Site shall be a
default under this Lease with respect to all the Premises. Except as expressly
provided in this Lease for specific isolated purposes (and in such cases only to
the extent expressly so stated), the provisions of this Lease shall at all times
be construed, interpreted and applied such that the intention of Lessor and
Lessee to create a unitary lease shall be preserved and maintained. For the
purposes of any assumption, rejection or assignment of this Lease under 11
U.S.C. Section 365 or any amendment or successor section thereof, this is one
indivisible and non-severable lease dealing with and covering one legal and
economic unit which must be assumed, rejected or assigned as a whole with
respect to all (and only all) the Premises covered hereby. The Lease is intended
to be a true lease and not a secured financing for Lessee.

    

    RECITAL

    

    Lessor hereby leases to Lessee and
Lessee hereby hires from Lessor the Premises, for a Term and upon the conditions
more particularly described below.  

    

    NOW THEREFORE, in consideration of the
foregoing statements, and the within covenants, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto, for themselves, their heirs, distributees, executors,
administrators, legal representatives, permitted successors and assigns, hereby
covenant and agree as follows:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    In addition to the capitalized words
and phrases defined elsewhere in this Lease when first used, the following
capitalized terms shall have the meanings ascribed to them below:

    

    A.    “Default Rate” shall mean an
annual rate of interest equal to the greater of (i) five percent (5%) per annum
over the Wall Street Journal (or any successor publication) prime rate, or (ii)
eighteen percent (18%) per annum; provided, however, that in no event shall the
Default Rate exceed the highest lawful rate of interest that may be charged on
past due amounts due under this Lease.

    

    B.    “Equipment” shall mean that
certain equipment listed on Schedule “C” annexed hereto.

     

    C.    “Fixed Annual Rent” shall have
the meaning set forth on Schedule “B” annexed hereto and by this reference made
a part hereof.  

     

    D.    “Premises” shall mean the
building(s), improvements and real property located in Prince George’s County,
Maryland and Howard County, Maryland (each a “Site” and
collectively, the “Sites”), each as more
fully described on Schedule "A" annexed hereto and by this reference made a part
hereof, as the same may be amended from time to time, in accordance with and
subject to the provisions of Section 44 of this Lease.  

      

    E.    “Primary Use”  shall mean the operation of a service
station and convenience store selling gasoline and/or diesel fuel, automobile
repair services, sales of all motor fuel, petroleum, alternative fuels, ethanol
and other fuel and fuel-related products, and related uses, which may include a
car wash facility, if applicable, and sales of any legal goods or products
typical of a convenience store with on-site fuel sales, including but not
limited to the sale of prepared foods, dry goods, newspapers, magazines, sundry
items, alcohol, tobacco and similar items, including a quick service restaurant;
provided, however, that the term “Primary Use” shall not include, with respect
to any Site, any use which is prohibited by (i) the certificate of occupancy
pertaining to such Site and/or zoning rules and regulations applicable to such
Site and/or (ii) any restrictions set forth in any instrument governing such
Site, including, without limitation, any deed restriction, restrictive covenant,
easement or declaration in effect as of the date of this Lease and any Approved
Easement (as hereinafter defined).

     

    F.    “PSA Documents” shall mean
collectively: (i) that certain Agreement of Purchase and Sale dated as of
December 19, 2008 (the “PSA”)by and between EXXONMOBIL OIL CORPORATION and EXXON
MOBIL CORPORATION (collectively “Seller”)
and DAG ENTERPRISES, INC. (“Purchaser”)
with respect to the sale and purchase of certain service station properties and
other property located in the Commonwealth of Virginia, District of Columbia and
the State of Maryland, (ii) that certain Closing Side Letter between Seller and
Purchaser, dated June 16, 2009; (iii) that certain Closing Side Letter II
between Seller and Purchaser, dated August 5, 2009, (iv) that certain Closing
Side Letter III between Seller and Purchaser, dated of even date herewith; (iv)
that certain Side Letter to PSA between Seller and Purchaser, dated July 31,
2009, (v) the Kleinfelder Agreement (as defined at Section 22 (c)), (vi) that
certain Remediation Funding Agreement, dated on or about the date hereof, by and
among Seller, Purchaser and Branch Banking and Trust Company, and (vi) without
limiting the specific agreements detailed in the foregoing clauses (i) through
(vi) inclusive any and all written agreements executed by Seller, Purchaser,
Guarantor, Lessor and Lessee in connection with the transactions contemplated by
the terms of this Lease.  Further, the term “Purchaser” for the
purposes of this Lease shall include any affiliates of Purchaser, Lessee and/or
Guarantor or any of their affiliates that are obligated by any written agreement
entered into in connection with the execution of this Lease and the purchase,
sale and leaseback of the Premises.

    

    
      
        
        

      

      
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    G.    “Renewal Option” shall have the
meaning set forth in Section 6 of this Lease.

    

    H.   “Term” shall mean, initially,
the period commencing on September 25, 2009 (the “Commencement Date”), and
ending on September 30, 2029 (the “Expiration Date”) and shall also include the
Renewal Term(s) unless Lessee properly exercises its right to not extend the
Term of this Lease in accordance with the terms hereof.

    

    I.   “USTs” shall mean the
underground storage tanks and related piping owned by Lessee and more
particularly described on Schedule “D" annexed hereto. 

     

     

    1.    SALE-LEASEBACK.  Lessee is
acquiring the Premises as of the date of this Lease in accordance with the terms
and conditions of the PSA Documents and is selling and transferring the Premises
to Lessor by special warranty deeds and bills of sale and is leasing back from
Lessor the Premises in accordance with the terms of this
Lease.  Lessor hereby demises and lets to Lessee and Lessee hereby
leases from Lessor on a triple net basis, the Premises, pursuant to the terms,
conditions and limitations set forth herein. This Lease is intended to be a
unitary triple net Lease, covering thirty-six (36) distinct Sites, all of which
comprise the Premises.  Neither Lessee nor Lessor shall be permitted
to take, maintain or initiate any action which would or could, in any manner,
cause this Lease to be viewed as demising less than all of the thirty-six (36)
Sites.  Lessee hereby agrees to comply with all provisions of the PSA
Documents with respect to the Premises.  The Lease contemplates that
the purchase by Lessee, and the sale and leaseback of the thirty-six (36) Sites
comprising the Premises to Lessor shall occur simultaneously.  Lessee
hereby represents and warrants to Lessor that it has complied with all of its
obligations under the PSA Documents with respect to the Premises through the
date of this Lease and covenants and agrees that it shall comply with all of its
obligations under the PSA Documents with respect to the Premises from and after
the date of this Lease.  Lessee hereby acknowledges and agrees that it
shall not default in the performance of its obligations under any of the PSA
Documents (including specifically, the PSA, the Kleinfelder Agreement, and the
Remediation Funding Agreement) with respect to the Premises beyond applicable
notice and cure periods, and that it shall promptly provide to Lessor any
default notices it receives from Seller under the PSA Documents.  The
provisions of this Section 1 shall survive the execution and delivery of the
Lease.

     

    2.    TERM.  The initial term
of this Lease shall be an initial term of approximately twenty (20) years
commencing on the Commencement Date and expiring on the Expiration Date (the
“Initial
Term”), as the same may be extended pursuant to Section 6 of this Lease.

    

    3.    FIXED
ANNUAL RENT.  (a)  Lessee
shall pay the Fixed Annual Rent for the Premises.  Monthly
installments of Fixed Annual Rent shall be due and payable in advance on the
first business day of each month during the Term without notice or demand and
without any abatement, setoff or deduction whatsoever.  All amounts
payable under this Lease shall be paid by electronic funds transfer or wire
transfer of immediately available funds to the following account for Lessor,
unless and until otherwise directed in writing by Lessor:

     

    
      
        
        

      

      
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    CREDIT: Getty Properties
Corp.

    ABA#: 021000021

    ACCOUNT Number:

    

    Lessor
shall initiate electronic funds transfers with the intention that funds transfer
to Lessor on the first business day of each month.  Lessee shall not
be in default of its obligation to pay Fixed Annual Rent if payment is being
made by electronic funds transfers intended to be initiated by Lessor pursuant
to the provisions hereof and Lessor fails to initiate such electronic funds
transfer.  Lessor shall endeavor to provide a courtesy notice to
Lessee of the amount to be drafted by Lessor approximately five (5) days prior
to the transfer.

    

    (b)  Commencing on the first
(1st) anniversary of the Commencement Date, and on every anniversary of the
Commencement Date thereafter during the Term of the Lease, the Fixed Annual Rent
shall be increased by two and one half percent (2.5%) of the Fixed Annual Rent
payable for the year immediately preceding such anniversary of the Commencement
Date.  For example, if the Fixed Annual Rent payable for the period
ending on the day immediately preceding the first (1st) anniversary of the
Commencement Date is Five Million Six Hundred Thirty Five Thousand and 00/100
Dollars ($5,635,000), then the Fixed Annual Rent payable for the period
commencing on the first (1st)
anniversary of the Commencement Date is Five Million Seven Hundred Seventy Five
Thousand Eight Hundred Seventy-Five Dollars ($5,775,875).  Under no
circumstances whatsoever shall the Fixed Annual Rent be reduced.

    

    (c)  If
this Lease commences or terminates on a day which is not the first or the last
day of the month as the case may be, then Fixed Annual Rent for the month in
which this Lease commences or terminates shall be prorated. Lessee agrees that
if any monthly installment of Fixed Annual Rent shall be due and unpaid for five
(5) business days after Lessee receives written notice from Lessor, Lessor shall
then have the right to terminate this Lease, subject to the terms and provisions
of Section 23 below and pursue its remedies at law or in equity in accordance
with the terms of this Lease, including eviction, ejectment or dispossession,
under Section 23 of this Lease or otherwise.  At Lessor's option,
rent, additional rent and any other sums due and owing under this Lease shall be
paid by electronic wire transfer of funds or by electronic funds
transfer.  Lessee shall execute and deliver to Lessor such forms or
authorizations as may be necessary for electronic wire transfers or electronic
funds transfers.  Anything herein to the contrary notwithstanding, but
subject to Section 24 of this Lease, the Premises herein demised are demised for
the whole Term, with the entire amount of rent reserved herein due and payable,
in advance, simultaneously with the execution hereof, the payment of rent in
installments is for convenience of Lessee only, and upon default in payment of
rent installments (or other default of Lessee resulting in the repossession of
the Premises by Lessor) then, subject to Section 24 of this Lease, the entire
rent hereby reserved for the entire Term shall be immediately due and payable,
as accelerated without further notice or demand.

     

    
      
        
        

      

      
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    4.    ADDITIONAL
RENT.  (a)  Lessee shall also pay and discharge, as
additional rent, all other amounts, liabilities and obligations of whatsoever
nature relating to the Premises before any fine, penalty,
interest or cost may be added thereto for the non-payment thereof, including all
taxes, assessments, licenses and permit fees, charges for public utilities, and
all governmental charges, general and special, ordinary and extraordinary,
foreseen and unforeseen, of any kind and nature whatsoever which during the Term
may have been, or may be assessed, levied, confirmed, imposed upon or become due
and payable out of or in respect of, or become a lien on the Premises or any
part thereof.  Notwithstanding the foregoing, Lessee shall not be
responsible for payment of the following: fees, costs and
expenses related to debt service on any indebtedness of Lessor, including,
without limitation, principal and interest; income taxes assessed against
Lessor, or capital levy, franchise, business license, estate succession or
inheritance taxes of Lessor; and obligations or liabilities created by Lessor
subsequent to the Commencement Date without the prior written consent of Lessee
or other than as set forth or contemplated by, this Lease  (it being
expressly understood that this Lease requires that Lessee shall be
responsible for, without limitation, all covenants and
requirements set forth in any deed pertaining to the Premises which evidenced
conveyance of the Premises to Lessee immediately prior to Lessee conveying the
Premises to Lessor, as well as all easements recorded against the
Premises from and after the date of this Lease with Lessee’s prior written
consent, which consent shall not be unreasonably withheld or
delayed).  Additional Rent shall include the costs of utilities, real
property impositions, costs arising under any easements, restrictions, or other
similar agreements affecting the Premises as of the Commencement Date, including
all covenants and requirements set forth in the any deed pertaining to the
Premises which evidenced conveyance of the Premises to Lessee immediately prior
to Lessee conveying the Premises to Lessor, or any similar agreement required by
law, or required to be granted by a public utility providing municipal services
to the Premises, or otherwise arising after the date hereof and approved in
writing by Lessee, which consent shall not be unreasonably withheld or delayed
(each, an “Approved
Easement”), and all interest and penalties that may accrue thereon
(unless accrued due to Lessor’s act or omission) in the event of Lessee’s
failure to pay such amounts when due, and all damages, costs and expenses which
Lessor may incur by reason of any default of Lessee or failure on Lessee’s part
to comply with the terms of this Lease, all of which Lessee hereby agrees to pay
upon demand or as is otherwise provided herein.  Upon any failure on
the part of Lessee to pay any of the additional rent and such failure continues
for ten (10) days after written notice from Lessor, Lessor shall have all legal,
equitable and contractual rights, powers and remedies provided either in this
Lease or by statute or otherwise in the case of non-payment of the Fixed Annual
Rent.  Fixed Annual Rent and additional rent sometimes are referred to
in this Lease, collectively, as “Rent”.

     

    (b) Tenant shall pay and
discharge any additional rent referred to Section 4(a) when the same shall
become due; provided that amounts which are
billed to Lessor or any third party, but not to Lessee, shall be paid within
fifteen (15) days after Lessor’s demand for payment thereof.  Lessor
agrees that in the event a bill is provided to Lessor for amounts Lessee
is obligated to pay hereunder, Lessor shall promptly remit such bill to Lessee
and Lessee shall pay such amounts as and when due, provided that if Lessee fails
to pay such amount within fifteen (15) days of the date due, Lessor may, at its
option, pay such amount and Lessee shall reimburse Lessor for such amount as
additional rent hereunder within twenty (20) days after demand.

    

    5.    NET
LEASE.  This Lease is intended and shall be deemed and
construed to be an absolutely “net lease” and Lessee shall pay to Lessor,
absolutely net throughout the Term, the Fixed Annual Rent, free of any charges,
assessments, impositions or deductions of any kind and without abatement,
deduction or set-off whatsoever and under no circumstances or conditions,
whether now existing or hereafter arising, or whether beyond the present
contemplation of the parties, shall Lessor be expected or required to make any
payment of any kind whatsoever or be under any other obligation or liability
hereunder, except as expressly set forth in this Lease.  Lessee shall
pay all costs, expenses and charges of every kind and nature relating to the
Premises after the Commencement Date (except for the expenses related to any
indebtedness of Lessor), including, without limitation, real property taxes,
personal property taxes, use taxes and any sales taxes, which may arise or
become due or payable during or after (but attributable to a period falling
within) the Term, whether such amounts are ordinary or extraordinary and
irrespective as to whether such amounts could have been reasonably anticipated
by the parties.  Except as otherwise provided in this Lease, the
obligations of Lessee hereunder shall not be affected by reason of any damage to
or destruction of the Premises or any part thereof, any taking of the Premises
or any part thereof or interest therein by condemnation or otherwise, any
prohibition, limitation, restriction or prevention of Lessee’s use, occupancy or
enjoyment of the Premises or any part thereof, or any interference with such
use, occupancy or enjoyment by any person or for any reason, any interruption or
failure of utilities servicing the Premises, any matter affecting title to the
Premises, any eviction by paramount title or otherwise, unless as a direct
result of the gross negligence and/or willful misconduct of Lessor, the
impossibility of performance by Lessor, Lessee or both, any action of any
governmental authority, Lessee’s acquisition of ownership of all or part of the
Premises (unless this Lease shall be terminated by a writing signed by all
persons, including any mortgagee, having an interest in the Premises), or any
other cause whether similar or dissimilar to the foregoing and whether or not
Lessee shall have notice or knowledge thereof and whether or not such cause
shall now be foreseeable, except with respect to such of the foregoing arising
out of any default hereunder by Lessor or any action or failure to act by Lessor
or, in any such case, any entity controlled by, controlling or under common
control with Lessor, or any employee or contractor of Lessor or any such
affiliated entity.  The parties intend that the obligations of Lessee
under this Lease shall be separate and independent covenants and agreements and
shall continue unaffected unless such obligations have been modified or
terminated pursuant to an express provision of this Lease.

    

    
      
        
        

      

      
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    6.    RENEWAL
OPTION.  (a)  Subject to Lessee not being in default
hereunder beyond the expiration of any applicable notice, grace and cure period,
the Term of this Lease shall be automatically extended for three (3) renewal
terms of ten (10) years each (each, a “Renewal Term”),
unless, with respect to any Renewal Term, Lessee provides irrevocable written
notice to Lessor electing not to exercise the renewal option (herein, a “Renewal Option”)
applicable to such Renewal Term in accordance with the provisions of this
Section 6.  The Renewal Option applicable to each Renewal Term shall
be automatically elected for such Renewal Term only if (x) Lessee is not in
default hereunder on the date of automatic exercise of the Renewal Term or on
the date that such Renewal Term commences and (y) Lessee shall have exercised
all prior Renewal Options under this Lease.  Furthermore, in no event
shall any Renewal Option be effective for any Renewal Term for less than all of
the Sites then comprising the Premises covered by this
Lease.  Further, once Lessee provides irrevocable written notice to
Lessor electing not to exercise the Renewal Option for any particular Renewal
Term, then Lessee shall no longer be permitted or entitled to exercise a Renewal
Option for any other then remaining Renewal Term.  

    

    (b)  The
Fixed Annual Rent to be paid by Lessee during each of the Renewal Terms shall be
as described in Section 3 of this Lease, subject to escalations described in
Section 3 of this Lease.

    

    (c)  Lessee
shall notify Lessor in writing of its election not to extend the Term of this
Lease for the Renewal Terms at least eighteen (18) months prior to the date of
expiration of the Initial Term or the Renewal Term then in effect, and such
notice shall be given in the manner hereinafter provided.  Under no
circumstances shall Lessee be entitled to renew this Lease for less than all
Sites comprising the Premises as set forth on Schedule “A” attached hereto and
by this reference made a part hereof. Time shall be of the essence as to the
giving of notices under this Section 6.

    

    (d)  If
Lessee elects not to renew this Lease by providing irrevocable written notice to
Lessor pursuant to this Section 6, or if an Event of Default occurs and is
continuing, then Lessor will have the right during the remainder of the Term
then in effect and, in any event, Lessor will have the right during the last
eighteen (18) months of the Term, to (i) advertise the availability of the
Premises for sale or reletting and to erect upon the Premises signs indicating
such availability and (ii) show the Premises to prospective purchasers or
tenants or their agents at such reasonable times as Lessor may
select.

    

    
      
        
        

      

      
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    7.    IMPOSITIONS.  (a)  Lessee
will pay and discharge when due: all taxes (including real and personal
property, franchise, sales, use, gross receipts and rent taxes); all charges for
any easement agreement in effect as of the date of this Lease and with respect
to any Approved Easement; all assessments and levies; all fines, penalties and
other costs in connection with noncompliance with any applicable law (unless
such amounts are payable solely as a result of Lessor’s actions); all permit,
inspection and license fees; all rents and charges for water, sewer, utility and
communication services; all ground rents and all other public charges, imposed
upon or assessed against (i) Lessee, (ii) Lessee’s interest in the Premises,
(iii) the Premises, (iv) Lessor as a result of or arising in respect of the
acquisition, ownership, occupancy, leasing, use, possession or sale of the
Premises, any activity conducted on the Premises, or the rent, or (v) any lender
by reason of any note, mortgage, assignment or other document evidencing or
securing a loan with respect to the Premises (collectively, “Impositions”); provided that nothing
herein shall obligate Lessee to pay (A) income, excess profits or other taxes of
Lessor (or any lender) or other charges or assessments imposed upon Lessor (or
any lender to Lessor) which are determined on the basis of Lessor’s (or such
lender’s) net income, net worth or organizational status (such as fees, charges
or penalties imposed upon national banks by the FDIC, Office of Thrift
Supervision, Comptroller of the Currency or similar regulatory agencies) (unless
such taxes are in lieu of or a substitute for any other tax, assessment or other
charge upon or with respect to the Premises which, if it were in effect, would
be payable by Lessee under the provisions hereof or by the terms of such tax,
assessment or other charge), (B) any estate, inheritance, succession, gift or
similar tax imposed on Lessor or (C) any capital gains tax imposed on Lessor in
connection with the sale of the Premises to any person.  Upon
expiration of the Term (or any earlier termination of this Lease), Lessee shall
pay Lessor for unpaid taxes which are due or payable during the Term up to and
including such date that shall become due and owing
thereafter.  Lessor shall make a reasonable estimate of such unpaid
taxes based on the prior year’s tax bills, and shall perform a reconciliation
promptly after the actual information becomes available.  In the event
that any ad valorem or other future real property tax (“Future Tax”) is
decreed or characterized by law as an income tax and Lessee is thereby
prohibited by any applicable law from paying such Future Tax pursuant to this
Section 7 (a), Lessor and Lessee agree that Fixed Annual Rent shall be adjusted
by the amount necessary to provide Lessor the same net yield as Lessor would
have received but for the implementation or characterization of such Future
Tax.  Prior to or on the date the Future Tax takes effect, Lessor
shall provide Lessee with notice of the revised Fixed Annual Rent under this
Lease.  Lessor shall have the right to require Lessee to pay, together
with scheduled installments of Fixed Annual Rent, the amount of the gross
receipts or rent tax, if any, payable with respect to the amount of such
installment of Fixed Annual Rent.  If any Imposition may be paid in
installments without interest or penalty, Lessee will have the option to pay
such Imposition in installments, provided such option to pay any Imposition in
installments shall not hinder or prevent Lessor from exercising any of its
rights set forth in this Lease.  Lessee shall prepare and file all tax
reports required by governmental authorities which relate to the Impositions,
and Lessor shall reasonably cooperate with Lessee regarding such preparation at
Lessee’s sole cost and expense.  Lessee shall deliver to Lessor (1)
copies of all settlements and notices pertaining to the Impositions which may be
issued by any governmental authority within ten (10) days after Lessee’s receipt
thereof, (2) receipts for payment of all taxes required to be paid by Lessee
hereunder within thirty (30) days after the due date thereof and (3) receipts
for payment of all other Impositions within ten (10) days after Lessor’s request
therefor.  In the event (i) Lessee is in default of its obligations
under this Lease beyond the expiration of any applicable notice, grace and cure
period or (ii) Lessor’s lender requires Lessor to provide escrow deposits with
respect to the payment of Impositions, Lessee shall pay to Lessor or such
lender, as the case may be, such amounts (each an “Escrow Payment”)
monthly or as required by Lessor or such lender (but not more often than
monthly) so that there shall be in an escrow account an amount sufficient to pay
as they become due the Escrow Charges that will accrue over such period of time
as Lessor or such lender shall reasonably require, which period of time may not
exceed a twelve (12) calendar month period. Lessor shall use commercially
reasonable efforts to negotiate for its loan documents with its lender to not
require escrow deposits with respect to Impositions.  As used herein,
“Escrow Charges” means real estate taxes and assessments on or with respect to
the Premises or payments in lieu thereof and premiums on any insurance required
by this Lease, payments due under any Approved Easement or otherwise the
responsibility of Lessee under the terms of this Lease and any reserves for
capital improvements, deferred maintenance, repair and/or tenant improvements
required by Lessor or any lender.  Lessor will determine the amount of
the Escrow Charges (it being agreed that if required by a lender, such amount
shall equal any corresponding escrow installments required to be paid by Lessor)
and the amount of each Escrow Payment.  The Escrow Payments will not
be commingled with other funds of Lessor or other persons and will be held in
trust for payment of the Escrow Charges.  No interest thereon will be
due or payable to Lessee, and any interest earned on the Escrow Account shall be
deemed income to Lessor, or its lender.  Lessor will apply the Escrow
Payments to the payment of the Escrow Charges in such order or priority as
Lessor or such lender shall determine or as required by Law.  If at
any time the Escrow Payments theretofore paid to Lessor shall be insufficient
for the payment of the Escrow Charges, Lessee, within ten (10) days after
Lessor’s demand therefor, shall pay the amount of the deficiency to
Lessor.  If Lessor fails to make any such payment and any failure
results in a penalty or imposition payable by Lessor or Lessee with respect to
the Premises, Lessor shall be responsible for paying such penalty or
impositions.  Promptly after the expiration of the Term of this Lease,
Lessor shall refund to Lessee any amounts remaining in the Escrow Account which
Lessee is entitled to receive.

    

    
      
        
        

      

      
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    (b)  Lessee agrees to notify
Lessor immediately of any changes to the amounts, schedules, instructions for
payment of any Impositions and premiums on any insurance held under this Lease
of which Lessee has obtained knowledge and authorizes Lessor to obtain the bills
for Impositions or Escrow Charges directly from the appropriate authority or
entity; provided, however, that in no event shall Lessor’s obtaining the bills
interfere with Lessee’s receipt of the bills directly from the appropriate
authority or entity.

    

    (c)  All such payments when
due shall be deemed to be additional rent due hereunder.  Should
Lessor seek a reduction in the assessed valuation of the Premises or contests
any Impositions on the Premises, Lessee shall consent to Lessor’s right to seek
said reduction and if Lessor seeks a reduction in the assessed valuation of the
Premises or contests any Impositions on the Premises at the request of the
Lessee then Lessee shall reimburse Lessor for any actual costs associated with
Lessor’s efforts.  Sums payable under this Section shall be prorated
for any partial Lease year.

    

    (d)   Lessee, at
Lessee's sole cost and expense, shall have the right, at any time, to seek a
reduction in the assessed valuation of the Premises or to contest any
Impositions that are to be paid by Lessee; provided, however, that Lessee shall
(i) give Lessor written notice of any such intention to contest at least thirty
(30) days before any delinquency could occur; (ii) indemnify and hold Lessor
harmless from all liability on account of such contest; (iii) take such action
as is necessary to remove the effect of any lien which attached to the Premises
or the improvements thereon due to such contest, or in lieu thereof, at Lessor's
election, furnish Lessor with adequate security for the amount of the taxes due
plus interest and penalties; and (iv) in the event of a final determination
adverse to Lessee prior to enforcement, foreclosure or sa1e, pay the amount
involved together with all penalties, fines, interest costs, and expenses which
may have accrued.  Lessee may use any means allowed by statute to
protest taxes or utility charges as defined in this Section as 1ong as Lessee
remains current as to all other terms and conditions of this
Lease.  If the protested taxes have not been paid, then at Lessor's
request Lessee shall furnish to Lessor a surety bond issued by an insurance
company qualified to do business in the state where the Premises is
located.  The amount of the bond shall equal 110% of the total amount
of the taxes in dispute.  The bond shall hold Lessor and the Premises
harmless from any damage arising out of the proceeding or contest and shall
insure the payment of any judgment that may be rendered.  If Lessee
seeks a reduction or contests any taxes or utility charges, the failure on
Lessee's part to pay the taxes or utility charges shall not constitute a default
as long as Lessee complies with the provisions of this Section.

     

    
      
        
        

      

      
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    (e)  Lessor
shall not be required to join in any proceeding or contest brought by Lessee
unless the provisions of the law require that the proceeding or contest be
brought by or in the name of Lessor or the owner of the Premises.  In
that case, Lessor shall join in the proceeding or contest or permit it to be
brought in Lessor's name as long as Lessor is not required to bear any
cost.

    

    8.    UTILITIES.  (a)  Lessee
shall pay directly to the appropriate authority, all charges for gas,
electricity, telephone, cable, heat and hot and cold water used and/or consumed
at the Premises.

    

    (b)  Lessor
shall not be required to furnish light, electricity, heat or any other services
to the Premises.  Lessor shall not be liable to Lessee or any other
person or persons, firms, associations, corporations or entities for any failure
of the water supply, electricity, gas or any other service in and about the
Premises or for injury or damages to persons or property caused by any such
failure or caused by the elements or by any other person in and about the
Premises, or which might result from leakage or flow of any system, gas,
electricity, water, rain, ice or snow from any part of the Premises or portion
thereof or from the streets adjacent thereto, nor shall Lessor be liable for any
latent defects in or on the Premises, buildings and appurtenances thereto,
including the sidewalks on the adjacent Premises.

    

    9.    USE;
BRANDING.  (a)  Lessee shall use and occupy each of
the Sites comprising the Premises for the Primary Use, in compliance with all
zoning regulations, the building code and all applicable laws, rules and
regulations and as set forth in this Lease; provided, however, that Lessee’s
non-compliance with minor and immaterial items shall not constitute a default
under the terms of this Lease so long as such non-compliance does not give rise
to any enforcement action with respect to such violation by any governmental or
quasi-governmental entity or authority or self regulatory body or would
otherwise cause Lessor to incur any liability with respect to such
non-compliance by Lessee.  Lessee must obtain, at its own expense, all
government licenses and permits required for the lawful conduct of Lessee’s
business on the Premises and Lessee will, at all times, comply with the terms of
such licenses and permits.  Lessee shall not change the current use of
the Premises without first obtaining Lessor’s prior written consent, which may
be withheld by Lessor in its sole and absolute discretion; unless applicable
laws do not permit Lessee to reconstruct the Site for the use as set forth
herein, in which case Lessor shall not unreasonably withhold or delay its
consent.  Lessee shall not engage in any practices or activities which
would injure, damage, or otherwise cause a diminution in the value of the
Premises or any Site constituting same. Lessee shall keep, or shall cause any
occupant at the Premises to keep, all such licenses and permits in full force
and effect for the Primary Use of the Premises and shall not permit any activity
to occur on the Premises in violation thereof or in violation of the
certificates of occupancy or certificates of use or the equivalent thereof, for
the Primary Use of the Premises, or for any change in use to which Lessor has
consented.  Upon receipt of written request from Lessor, Lessee shall
provide Lessor with copies of all government licenses and permits in effect for
the particular Site or Sites.  Without limiting any of the obligations
of Lessee hereunder, Lessee shall comply with all provisions of the PSA
Documents relating to branding requirements with respect to all of the Sites,
including, without limitation, the requirements set forth in Article II of the
PSA.

    

    
      
        
        

      

      
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    (b)  Lessee shall not use or
occupy or permit the Premises to be used or occupied, nor do or permit anything
to be done in or on the Premises, in a manner which would or might (i) violate
any Governmental Regulations (as defined below), (ii) make void or voidable or
cause any insurer to cancel any insurance required by this Lease, or make it
difficult or impossible to obtain any such insurance at commercially reasonable
rates, (iii) make void or voidable, cancel or cause to be cancelled or release
any warranties, (iv) cause structural injury to any of the improvements or (v)
constitute a public or private nuisance or waste.

    

    (c)  Lessee shall have no
right whatsoever (by virtue of this Lease) to use the “Getty” tradename or
trademark in connection with its goods or its business or
otherwise.

    

    10.   LESSEE’S
PERSONAL PROPERTY.   (a)  Lessee shall have the
right to decorate the Premises and affix signs customarily used in its business
upon the windows, doors, interior and exterior walls of the Premises, and such
free-standing signs as are customarily used in the conduct of business permitted
under this Lease in the manner and locations reasonably acceptable to Lessor and
as and are authorized by any governmental authority having jurisdiction over the
Premises and permitted by any covenants, conditions and restrictions encumbering
the Premises.  Upon the expiration or earlier termination of the
Lease, subject to Section 19 of this Lease, Lessee shall remove such signs;
provided, however, that in no event may Lessee remove free-standing signage
(such as pole-mounted or monument signs) from the Premises without Lessor’s
prior written consent.  Lessee promptly shall make such repairs and
restoration of the Premises as are reasonably necessary to repair any damage to
the Premises from the removal of the signs.  All work performed by
Lessee in or about the Premises shall comply at all times with all applicable
laws and no alteration shall devalue any of the Sites.

    

    (b)  During the Term, Lessee
may, at Lessee's expense, place or install such furniture, trade fixtures,
equipment machinery, furnishings, face plates of signage and other articles of
movable personal property including, without limitation, USTs, multi product
fuel dispensers and lines (collectively, “Lessee's Personal
Property”) on the Premises as may be needed for the conduct of Lessee's
business in accordance with all applicable laws and regulations.  It
is expressly understood that the term “Lessee's Personal Property” as used
herein shall not include the Equipment, and shall in no event extend to
leasehold improvements, fixtures or similar "vanilla box" items such as light
fixtures, HVAC equipment, refrigerators, walk-in coolers and freezers or other
fixtures and equipment permanently affixed to the Premises, which shall at all
times be Lessor’s property.  All Equipment shall be free and clear of
any lien, encumbrance or other security interest at all times during the Term of
this Lease.  Lessee shall not encumber, or attempt to, or purport to,
allow any lien, encumbrance or security interest to be granted or filed with
respect to any portion of the Equipment.  Lessee shall not encumber
Lessee’s Personal Property without the prior written consent of Lessor, which
consent shall not be unreasonably withheld or delayed.

    

    (c)  At
the expiration or earlier termination of the Lease, and provided that there is
no Event of Default then continuing beyond applicable cure periods, Lessee's
Personal Property may be removed from the Premises, at the option of
Lessee.  In the alternative, at the expiration or earlier termination
of the Lease, Lessor may require Lessee to remove Lessee’s Personal Property
from the Premises.  Lessee immediately shall make such repairs and
restoration of the Premises as may be necessary to repair any damage to the
Premises from the removal of Lessee's Personal Property.  Any of
Lessee's Personal Property not so removed shall be deemed abandoned, and Lessor
may cause such property to be removed from the Premises and disposed of at
Lessee’s expense.  The provisions of this Section shall survive the
expiration or termination of this Lease.

    

    
      
        
        

      

      
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    (d)  Notwithstanding anything
to the contrary set forth in this Lease and the provisions of Section 10(c)
above, Lessor shall have the right, exercisable by written notice to Lessee to
such effect delivered not less than three (3) months prior to the expiration of
this Lease (or as soon as is practical in the event of an earlier termination),
to require Lessee to leave in place at any of the Sites, and to convey to Lessor
for $10.00, any or all of the UST systems (or the replacements
therefor).  If Lessor elects to purchase the UST systems at all or a
portion of the Sites, then (i) the UST systems shall be delivered to Lessor in
proper working order and condition and in full compliance with all applicable
laws and such condition shall be evidenced by tank and line tightness and
functionality tests performed no earlier than ten (10) days prior to the
conveyance of such items to Lessor, (ii) the UST systems shall be delivered to
Lessor free and clear of any lien, charge, encumbrance or other financing
device, and (iii) Lessee shall provide Lessor with a bill of sale with respect
to the UST systems conveying the same in the condition required by the terms of
this subsection.  The parties hereby agree that Lessor may elect to
purchase the UST systems at all of the Sites comprising the Premises or any one
or more of the Sites.  If Lessor elects to purchase the UST systems at
the expiration or sooner termination of this Lease and such items are subject to
any lien, charge, encumbrance or other financing device, then Lessee shall
provide Lessor with such funds as shall be necessary to pay such lien, charge,
encumbrance or other financing device. 

    

    11.   “AS IS”;
COMPLIANCE WITH LAWS.  (a) Lessee acknowledges that, prior to
the Commencement Date, the Premises have been used as retail gasoline stations
and convenience stores.  Lessor does not make any representation or
warranty regarding the condition or occupancy thereof or the fitness of the
Premises for the use permitted under this Lease or other uses contemplated by
Lessee.  Lessee acknowledges that it has inspected the Premises and
accepts the same in their present condition, and subject to all matters of
record and tenancies as of the date hereof (and together with any subsequent
replacements therefor), "AS IS", with no representations or warranties
whatsoever and on the terms and conditions set forth in this
Lease.  Lessee acknowledges and agrees that:­ (i) Lessor is not
retaining or assuming any responsibility with respect to the Premises or its
operation, or the condition or repair of the Premises, or as to any fact,
circumstance, thing or condition which may affect or relate to the Premises,
except as specifically set forth in this Lease; and (ii) Lessor has no
obligation to alter, restore, improve, repair or develop the Premises, and
further has no obligation to remove therefrom any items of personal property or
other trade fixtures or equipment which may be upon the Premises.

    

    (b) Lessee shall comply promptly, at
Lessee’s expense, with all present and future laws, codes and ordinances and
other notices, requirements, orders, rules and regulations (whatever the nature
thereof) of all federal, state and local governmental authorities and
recommendations of the board of fire underwriters or any insurance
organizations, associations or companies in the respect to the Premises
(collectively, “Governmental
Regulations”) and Lessee will not knowingly do or commit, or
suffer  to be done or committed anywhere in the Premises, any act or
thing contrary to any Governmental Regulations; provided, however, that Lessee’s
non-compliance with minor and immaterial items shall not constitute a default
under the terms of this Lease so long as such non-compliance does not give rise
to any violation of law or cause Lessor to incur any liability with respect to
such non-compliance by Lessee.  Furthermore, Lessee agrees that it
will defend, indemnify and hold harmless Lessor for any actual costs, damages,
penalties or fines Lessor may incur by reason of Lessee's failure to comply with
Governmental Regulations at the Premises.  The provisions hereof shall
survive the expiration or termination of this Lease.

    

    (c)  Lessee acknowledges that
the Premises are subject to certain existing tenancies/occupancies with service
station operating dealers (herein, the “Existing Dealer
Leases”) and with other third parties (herein, the “Subleases”) and more
particularly described in Schedule “E” attached hereto and by this reference
made a part hereof, and Lessee accepts the Premises subject to the
same.  Lessee hereby acknowledges and agrees that Lessor shall have no
obligation whatsoever with respect to the Subleases and/or the Existing Dealer
Leases.

     

    
      
        
        

      

      
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    (d)  Lessee acknowledges that
the Premises are demised and let subject to (i) any mortgage secured by Lessor’s
interest in the Premises in effect from time to time, (ii) the state of title of
the Premises as of the date hereof as evidenced by the owner’s title insurance
policies described on Exhibit “A” attached hereto and by this reference made a
part hereof, (iii) any state of facts which an accurate survey or physical
inspection of the Premises might show, (iv) any Approved Easement, and (v) all
Governmental Regulations, including any existing violations of any thereof;
provided, however, that if there is a complete failure of title with respect to
any of the Sites comprising the Premises (and such failure is not the result of
any act or omission of Lessee), Lessor agrees to remove such Site from the
Premises (and adjust the Fixed Annual Rent accordingly) and Lessor shall be
solely entitled to retain the proceeds from any policy of title insurance issued
in favor of Lessor; provided, further, that if such failure of title is the
result of an act or omission of Lessee, then and in such event, such Site shall
not be removed from the Premises.

    

    (e)  Lessee, at its sole cost
and expense, will at all times promptly and faithfully abide by, discharge and
perform all of the covenants, conditions, restrictions and agreements contained
in any easement agreement, declaration, license or other agreement in effect as
of the date of this Lease and any Approved Easement as well as all covenants and
requirements set forth in the deed to the Premises which conveyed the Premises
to Lessee immediately prior to Lessee conveying the Premises to Lessor, on the
part of Lessor to be kept and performed thereunder; provided, however, that
Lessee’s non-compliance with minor and immaterial items shall not constitute a
default under the terms of this Lease so long as such non-compliance does not
give rise to any violation of any matter or would cause Lessor to incur any
liability with respect to such non-compliance by Lessee.  Without
limiting the general application of this subsection (e), Lessee, at its sole
cost and expense, will comply with the requirements of all matters of record
with respect to the construction, maintenance, operation, repair and replacement
of stormwater facilities located at the Premises (“Storm Water
Requirements”); provided, however, that, notwithstanding the foregoing,
Lessor shall not require Lessee’s performance of the Storm Water Requirements if
there is no Event of Default continuing hereunder, or if the relevant
beneficiary of such Storm Water Requirements, or any other party having standing
to enforce same, shall not have undertaken to enforce the Storm Water
Requirements.  Lessee will not alter, modify, amend or terminate any
Approved Easement, give any consent or approval thereunder, or enter into any
new easement agreement without, in each case, prior written consent of Lessor,
which consent shall not be unreasonably withheld, conditioned or delayed so long
as such proposed agreement shall not result in a decrease of the value of the
Premises.  Lessee agrees to reasonably cooperate with Lessor, at
Lessee’s sole cost and expense, in connection with (a) the granting of
easements, licenses, rights-of-way and other rights and privileges under
Approved Easements reasonably necessary or desirable for ownership and operation
of the Premises as herein provided; (b) the execution of petitions to have the
Premises annexed to any municipal corporation or utility district; (c) the
execution of amendments to any covenants and restrictions affecting the
Premises; provided, that in
each case Lessor has delivered to Lessee a certificate stating that such grant,
release, dedication, transfer, amendment or government action, or other action
or agreement will not materially interfere with Lessee’s use and enjoyment of
the Premises or result in any increased material costs to
Lessee.  Lessee may request Lessor’s consent to (a)
the granting of easements, licenses, rights-of-way and other rights reasonably
necessary for operation of the Premises as herein provided, which consent shall
not be unreasonably withheld or delayed; (b) the execution of petitions to have
the Premises annexed to any municipal corporation or utility district which
consent may be withheld by Lessor in its sole and absolute discretion (provided,
however, that if such petitions, documents and/or instruments are required by
applicable law or fundamentally necessary for continued operation of the
Premises as herein provided, then Lessor’s consent shall not be required, but
Lessee shall provide Lessor with prior written notice of such matter); (c) the
execution of amendments to any covenants and restrictions affecting the Premises
which consent may be withheld by Lessor in its sole and absolute discretion;
provided, however, that in each
and every case Lessee shall (i) pay all costs and expenses incurred by Lessor,
and (ii) deliver to Lessor a certificate stating that such grant, release,
dedication, transfer, amendment or government action, or other action or
agreement will not interfere with Lessor’s ownership of the Premises or cause
Lessor to incur any additional liability with respect to the
Premises.

     

    
      
        
        

      

      
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    (f)  If
any improvement, now or hereafter constructed, shall (i) encroach upon any
setback or any property, street or right-of-way adjoining the Premises, (ii)
violate any zoning restrictions, including without limitation height or set-back
restrictions, or the provisions of any restrictive covenant affecting the
Premises, (iii) hinder or obstruct any Easement Agreement to which the Premises
is subject or (iv) impair the rights of others in, to or under any of the
foregoing, Lessee shall, promptly after receiving notice or otherwise acquiring
knowledge that the same violates applicable law, either (A) obtain from all
necessary parties waivers or settlements of all claims, liabilities and damages
resulting from each such encroachment, violation, hindrance, obstruction or
impairment, whether the same shall affect Lessor, Lessee or both, or (B) take
such action as shall be necessary to remove all such encroachments, hindrances
or obstructions and to end all such violations or impairments, including, if
necessary, making alterations; provided, however, that with respect to any
improvement in existence as of the Commencement Date, the foregoing remedial
actions set forth in clauses (A) and (B) above need not be undertaken unless and
until enforcement action is taken by any interested party which may result in a
forfeiture and/or impose any liability upon Lessor and/or Lessee
hereunder.  Lessee shall not settle, compromise or resolve any such
claim by any third party exceeding Fifty Thousand Dollars ($50,000.00) without
Lessor’s prior written consent, which shall not be unreasonably withheld,
conditioned or delayed.

     

    12.   ENVIRONMENTAL.  (a)
Lessee shall perform, at Lessee’s expense, testing, certification, inspection,
and any other requirement of any governmental authority with jurisdiction of all
components of the UST systems as required by the laws and regulations of the
governmental authorities having jurisdiction over the Premises including, but
not limited to, underground storage tank and line tightness tests and provide
the results to Lessor promptly after receipt.

    

    (b)  If
the Premises are subject to existing contamination that is the being remediated
and/or monitored, Lessee assumes responsibility for the continuation of such
remediation and/or monitoring in compliance with all applicable Governmental
Regulations and all laws, orders and regulations pertaining to environmental
matters (“Environmental Laws”), all at Lessee’s sole cost and expense or
responsibility.  The provisions hereof shall survive the expiration or
earlier termination of this Lease.

    

    (c)  Lessor
shall have no liability or responsibility for any existing contamination or
contamination discovered before, on or after the Commencement Date or during the
Term of this Lease, whether or not caused by Lessee, its agents, employees,
successors or assigns, before, on or after the Commencement Date.  If
at any time during the Term of this Lease, Lessee discovers petroleum
contamination at the Premises or experiences a release of petroleum product or
of any hazardous or toxic substance, or there is an increase in contamination
levels at the Premises above those reported to Lessor prior to the Commencement
Date, Lessee shall notify Lessor and all applicable governmental authorities of
such event and Lessee shall be responsible for compliance with all Governmental
Regulations regarding the same and for all costs and expenses associated with
such contamination and/or release, including, without limitation any
contamination discovered, or set forth in a tank closure report, when the USTs
are removed, repaired or replaced at a Site.  If Lessee shall fail,
refuse or neglect to report and/or remediate contamination (or release, as the
case may be) as mandated by governmental authorities for twenty (20) days after
written notice from Lessor (provided; however, that if Lessee undertakes to cure
during such twenty (20) day period, such period shall be automatically extended
so long as Lessee has reported such matter and has notified Lessor in writing
that it has reported such matter and Lessee is diligently prosecuting a cure to
completion), Lessor may report and/or remediate that contamination at Lessee’s
cost and expense.  Lessee covenants and agrees to reimburse and
promptly pay to Lessor all costs paid or incurred by Lessor associated with the
release, contamination and remediation, together with interest thereon at the
Default Rate.  If Lessee fails to reimburse Lessor within thirty (30)
days of demand therefor, such unpaid amount shall become additional rent due
hereunder.  Nothing herein shall obligate Lessor to remediate or take
any action with respect to any contamination at the Premises. The provisions
hereof shall survive the expiration or earlier termination of this
Lease.

     

    
      
        
        

      

      
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    (d)  Lessee
shall be responsible for and shall defend, indemnify and hold harmless Lessor
from any action, claim, notice or penalty resulting from any breach of its
obligations under this Section 12 and any release and/or other contamination at
or emanating from the Premises and from all costs (including, without
limitation, attorneys’ fees, costs and disbursements), claims, damages and
liability resulting from environmental conditions at the Premises whether known
or unknown as of the Commencement Date and whether or not caused by Lessee, its
agents, employees, successors, assigns, or third parties, including sub-surface
contamination discovered after the Commencement Date and any matter arising as a
result of Lessee’s failure to comply with all Governmental Regulations
pertaining to environmental matters.  The foregoing obligations of
Lessee shall survive the expiration or termination of this
Lease.  

    

    (e)  Lessee shall deliver to
Lessor copies of all material correspondence to and from governing authorities
regarding environmental activities at the Premises, including, without
limitation, correspondence regarding notices of violations, releases (including
new releases) and closure letters.  Lessee shall deliver to Lessor,
and require its environmental contractor(s) to deliver to Lessor, copies of all
spill and release notifications and reports given to governing authorities
regarding the Premises.  Additionally, Lessee agrees to furnish to
Lessor upon request therefor, copies of all remediation action workplans,
monitoring reports, tank and line testing results, Stage II Vapor Recovery test
results, fire suppression test results, cathodic protection test results, UST
registrations and related documents, and reimbursement claims filed with state
tank funds.  Furthermore, if Lessor delivers written notice to Lessee
that it reasonably suspects that a petroleum release, not yet reported by Lessee
to the appropriate governing authorities has occurred at the Premises, or if
requested by governmental authorities, Lessor also shall have the right to
obtain, and Lessee shall provide to Lessor, copies of all petroleum inventory
reconciliation records. In addition, Lessee shall provide to Lessor upon request
with Lessee’s estimate of cost to closure (i.e., remediation in compliance with
governmental requirements) for any reported release, spill or other
environmental event.  

    

    (f)  NOTWITHSTANDING
THAT THE USTs HAVE BEEN AND CONTINUE TO BE LOCATED AT THE PREMISES, LESSEE
HEREBY ACKNOWLEDGES THAT LESSOR IS NOT THE OWNER OF THE USTS, WHICH ARE ALL
OWNED BY LESSEE AND ACCORDINGLY, LESSOR DISCLAIMS ALL WARRANTIES, EXPRESS OR
IMPLIED, INCLUDING WARRANTIES OF FITNESS OR OF
MERCHANTABILITY.  Lessee agrees to defend, indemnify and hold Lessor
harmless from and against all actions, claims, liabilities, costs and expenses
associated with or arising out of the use, possession or ownership of the USTs
and for the removal of the USTs upon the expiration or earlier termination of
the Lease. In the event of any default by Lessee of the Lease terms or at the
expiration or earlier termination of this Lease, Lessee, at the option of
Lessor, shall remove the USTs and all replacements thereof and any contaminated
soil from the Premises in accordance with applicable laws, rules and regulations
and Lessee shall remediate any conditions not in compliance with such applicable
laws, rules and regulations.  Such tests shall be performed no earlier
than fifteen (15) days prior to the conveyance of the UST systems to the
Lessor.  The provisions hereof shall survive the expiration or earlier
termination of this Lease.

     

    
      
        
        

      

      
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    (g)
Notwithstanding the foregoing, at the expiration or earlier termination of this
Lease, Lessee, at Lessor's sole discretion and election, shall (i) convey the
USTs to Lessor or its assignee for $10.00, or (ii) remove all existing USTs, and
any contaminated soil from the Premises in accordance with applicable laws,
rules and regulations and, in either case, Lessee shall remediate any conditions
not in compliance with such applicable laws, rules and regulations and indemnify
and hold harmless Lessor regarding the same.  If Lessor elects to have
the USTs conveyed to it or its assignee, Lessor shall notify Lessee of such
election not later than three (3) months prior to the expiration of the Lease or
in the event of an earlier termination of the Lease as soon as is
practical.  If Lessor or its assignee elects to purchase the USTs
under the terms herein, Lessee, at Lessee's sole cost and expense shall test the
USTs and shall provide Lessor with satisfactory evidence that the USTs and lines
test tight.  The provisions hereof shall survive the expiration or
termination of this Lease.

    

    (h)  Lessee
shall also perform a Phase II site assessment to include UST and line tests on
the Premises by a licensed, fully insured professional engineer acceptable to
Lessor, at the expiration or earlier termination of this Lease, at Lessee's sole
cost and expense, time being of the essence.  Lessee must provide
Lessor with a detailed written scope of work and evidence of necessary permits
at least ten (10) business days in advance of any work, so that Lessor may have
the opportunity to have a representative on-site or available.  Lessee
or Lessee's contractor shall deliver to Lessor a Certificate of Insurance with
public liability policy limits of not less than One Million Dollars ($1,000,000)
naming Lessor as an additional insured (and any additional affiliates as so
requested by Lessor), prior to the commencement of any such
testing.  Lessee shall deliver to Lessor a copy of the site assessment
results within said thirty (30) day period or within five days of receipt of the
same whichever is earlier.  The Phase II site assessment shall
determine whether a petroleum release has occurred and, if so, to determine the
magnitude of such release.  If the results of the site assessment show
levels of petroleum contamination in violation of applicable environmental laws,
rules and regulations, then Lessee shall undertake to remediate the conditions
set forth in such site assessment in accordance with a work schedule approved in
writing by Lessor prior to the commencement of such work.

    

    (i)  Anything
herein to the contrary notwithstanding, Lessee agrees to restore the Premises to
its former or better condition upon completion of its testing and/or
inspections, to cause no interference with the business being conducted on the
Premises, if any, and Lessee further agrees to defend, indemnify and hold
harmless Lessor and the owner of the Premises from and against any and all
claims, losses, demands, actions, injuries  or damages brought or
incurred by any party, including Lessor, as a result of Lessee's testing and/or
inspections pursuant to this Lease.  Lessee shall keep the results of
any such testing and inspections strictly confidential and shall not submit a
copy of any such report or assessment to any governmental agency unless
specifically required by applicable law; and if so required, Lessee shall
simultaneously provide to Lessor a copy of any information submitted to such
agency.  The provisions hereof shall survive the expiration or
termination of this Lease.

     

    
      
        
        

      

      
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    (j)  If
a violation of Environmental Laws occurs or is found to exist and, in Lessor’s
reasonable judgment, the cost of remediation of, or other response action with
respect to, the same is likely to exceed One Hundred Thousand Dollars
($100,000.00), Lessee  will
provide to Lessor, within ten (10) days after Lessor’s request therefor,
adequate financial assurances, as determined in Lessor’s reasonable discretion,
that Lessee will effect such remediation in accordance with applicable
Environmental Laws, and fulfill Lessee’s indemnification obligations that could
reasonably be expected to arise as a result of such violation.  Such
financial assurances shall be in an amount equal to Lessor’s reasonable estimate
of the anticipated cost of such remedial action to cure such violation,
including, without limitation, all costs, fees and expenses in connection
therewith and may be in the form of insurance, escrowed funds or appropriate
bonding, as reasonably acceptable to Lessor.  

    

    (k)  Notwithstanding
any other provision of this Lease, if a violation of Environmental Laws occurs
or is found to exist and the Term would otherwise terminate or expire, then, at
the option of Lessor, (i) the Term shall be automatically extended beyond the
date of termination or expiration and this Lease shall remain in full force and
effect beyond such date until the earlier to occur of (1) the completion of
all remedial action in accordance with applicable Environmental Laws or
(2) the date specified in a written notice from Lessor to Lessee
terminating this Lease and (ii) the Fixed Annual Rent for the then extended Term
of this Lease shall be the greater of (x) the Fixed Annual Rent set forth herein
or (y) the then fair market value for the Premises based upon the highest and
best use of the Premises; provided, however, that if the Premises may be used
for the highest and best use during the period that Lessee is remediating any
contamination and/or curing any violation of Environmental Laws, then and only
in such event, Lessee shall not be required to pay Lessor Rent for access to the
Premises.

    

    (l)  From and after the
default by Lessee of its obligations under the terms and conditions of this
Lease, Lessee hereby collaterally assigns to Lessor all right, title and
interest of Lessee, including, without limitation, the right to receive funds,
in and to the Environmental Funding Agreement (as that term is defined in the
PSA); provided, however, that Lessor hereby grants Lessee a license to collect
and apply such funds as long as this Lease remains in full force and
effect.  Further, after a default beyond the expiration of any
applicable notice and cure period, Lessor shall have the right to exercise any
and all rights held by Lessee under the PSA Documents with respect to any and
all environmental matters.  Any election of remedies by Lessee,
Purchaser or any affiliates of either party with respect to any work to be
performed at any portion of the Premises shall require Lessor’s prior written
approval, which approval shall not be unreasonably withheld, conditioned or
delayed.  

     

    (m)  Without limiting Section
11 above, Lessee, at its sole cost and expense, will at all times promptly and
faithfully discharge and perform all of the covenants set forth in the deed to
the Premises relating to required work with respect to the UST systems promptly
upon request of Lessor in contemplation of any sale or transfer of the Premises
pursuant to which such UST work becomes required by said covenants, if and to
the extent such UST work shall not have already been completed.

     

    13.   GUARANTY.  As
a material inducement for Lessor to enter into this Lease, Lessee has caused to
be delivered to Lessor contemporaneously herewith, from Eyob Y. Mamo also known
as Joe Mamo (hereinafter “Guarantor”), a
guaranty of all of Lessee’s performance of all of Lessee’s obligations hereunder
(the “Guaranty”) in the
form set forth on Exhibit “B” attached hereto.  In the event of a
default by Lessee under this Lease, Guarantor shall have the obligation to
assume all of Lessee’s obligations hereunder directly (without releasing Lessee
therefor).

     

    
      
        
        

      

      
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    14.   INSURANCE.  (a)  Lessee
shall pay the premiums for and deliver to Lessor the following policies of
insurance, with insurance carriers that have a rating of A:-X or better as set
forth in the most current issue of Best’s Insurance Guide and a rating of A in
the latest Standard and Poor’s guide and authorized to do business in the state
in which the Premises are located, or otherwise that are acceptable to Lessor,
that shall name Lessor, and its designees as additional insureds:

    

    (b)  Prior
to the Commencement Date, Lessee shall deliver to Lessor (and to the owner of
the Premises if not Lessor) evidence of the existence and amounts of the
insurance with additional insured endorsements, named insured endorsements and
mortgagee/loss payable clauses as required herein.  Lessee shall
deliver to Lessor a Certificate of Liability Insurance in connection with
Lessee’s liability policy(ies), and an Evidence of Property Insurance in
connection with Lessee’s property policy(ies).  No policy shall be
cancelable or subject to reduction of coverage or other modification except
after 30 days’ prior written notice to Lessor.  Neither the issuance
of any insurance policy required hereunder, nor the minimum limits specified
herein with respect to any insurance coverage, shall be deemed to limit or
restrict in any way the 1iability of Lessee arising under or out of this
Lease.  

    

    (c)  Lessee shall obtain and
maintain in full force and effect throughout the Term of this Lease the
following insurance coverages:

    

    (i)  Lessee, at Lessee's
expense, shall obtain and keep in full force during the Term of this Lease a
policy of commercial general liability (including contractual liability) and
property damage insurance, with coverage of at least $3,000,000 per occurrence
for bodily or personal injury (including death) and $2,000,000 in respect of
property damage, each on a per Site basis, or in such higher amounts as Lessor
may reasonably require from time to time during the Term of the Lease, written
on an occurrence basis insuring Lessee (with Lessor and any other party Lessor
may designate as an additional insured as its interest may appear) against any
liability arising out of ownership, use, occupancy, or maintenance of the
Premises and all of its appurtenant areas.  The policy shall provide
blanket contractual liability coverage.  However, the 1imits of the
insurance shall not limit the liability of Lessee.  In addition,
Lessee at Lessee’s expense shall obtain and keep in full force, during the Term
of this Lease an umbrella liability policy in an amount not less than
$20,000,000 in excess primary insurance on an occurrence and per Site
basis.  The insurance to be maintained by Lessee pursuant to this
subsection (i) shall be primary and not contributory to any other insurance
maintained by Lessor.  Terrorism coverage must be included on all
liability coverages.  Notwithstanding anything to the contrary set
forth in this subsection (i), as of the Commencement Date Lessee shall, as
relates to general liability insurance for bodily or personal injury (including
death), only be required to provide insurance in the amount of $2,000,000 per
occurrence ($4,000,000
million aggregate) and an umbrella liability policy in the amount of
$10,000,000.  Within ten (10) days from the date of this Lease, Lessee
shall increase its general liability insurance for bodily or personal injury
(including death) to $3,000,000 per occurrence for bodily or personal injury,
and increase its  umbrella liability insurance policy to the amount of
$20,000,000 as otherwise required above in this subsection.  In the
event that Lessee does not obtain and deliver insurance certificates to Lessor
evidencing such additional coverages  in compliance with the terms and
conditions of this Lease within  ten (10) days from the date of this
Lease, Lessee may, in addition to any other remedies available to it hereunder
or otherwise at law, declare Lessee in default of its obligations under this
Lease and Lessor may also, but shall not be obligated to, obtain a insurance for
such additional coverages at Lessee’s expense, in which event all costs, fees
and expenses incurred by Lessor with respect o such insurance shall be deemed
additional rent and shall be paid by Lessee within fifteen (15) days after
written demand by Lessor.

     

    
      
        
        

      

      
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    (ii)  Lessee, at Lessee's
expense, shall obtain and keep in force during the Term of this Lease a “Special
Form” (as such term is used in the insurance industry) policy of property
insurance covering loss or damage to the Premises.  This insurance
shall be in an amount not less than the full guaranteed replacement cost of the
buildings(s) (less slab, foundation, supports and other customarily excluded
improvements).  The policy shall contain only standard printed
exclusions and must include Equipment Breakdown (boiler and machinery) coverage
or, if such coverage is separate, a joint loss agreement must be obtained in
form and substance acceptable to Lessor; include an agreed value endorsement
waiving any co-insurance penalty, and an ordinance or law coverage endorsement
covering increased costs resulting from changes in laws or codes, and demolition
and removal of the damaged structure.  In addition, the policy shall
include a “Loss Payable Provisions” endorsement (ISO Form CP 12 18 06 95 or
equivalent) naming Lessor as “Loss Payee” thereunder in addition to Lessor being
named insured and any lender of Lessor being added as mortgagee/loss
payee.  In no event shall any deductible payable in connection with
such policy with respect to any individual Site exceed
$10,000.  Terrorism coverage must be included.  The
insurance shall provide for payment of loss jointly to Lessor and Lessee;
provided, however, that, as long as Lessee is not in default under this Lease
beyond the expiration of any applicable notice and cure period, Lessor shall
allow the proceeds to be available to Lessee to pay the cost of restoring damage
to the Premises by resulting from such casualty and, upon completion of such
repairs and/or restoration and the payment for same, and provided that Lessee is
not in default under this Lease beyond the expiration of any applicable notice
and cure period, Lessee shall be entitled to the balance of such
proceeds.

    

    (iii)  If any Site comprising
the Premises is located in Flood Zone A or V as defined by the Federal Emergency
Management Agency (FEMA), Lessee, at Lessee's expense, shall obtain and keep in
force during the Term of this Lease a policy of insurance covering loss or
damage due to flood with respect to the Premises.  The insurance shall
provide for payment of loss jointly to Lessor and Lessee; provided, however,
that, as long as Lessee is not in default under this Lease, Lessor shall allow
the proceeds to be available to Lessee to pay the cost of restoring damage to
the Premises by resulting from such casualty and, upon completion of such
repairs and/or restoration and the payment for same, and provided that Lessee is
not in default under this Lease, Lessee shall be entitled to the balance of such
proceeds.

    

    (iv)  Lessee also shall
obtain and keep in force during the Term of this Lease a policy of rent
interruption insurance with a period of indemnity not less than twelve (12)
months from time of loss and an extended period of indemnity of three hundred
sixty-five (365) days.  This insurance shall cover all taxes and
insurance costs for the same period in addition to twelve (12) month's Fixed
Annual Rent amount.

    

    (v)  If Lessee (or any
sublessee or other occupant of a Site comprising the Premises) offers alcoholic
beverages for sale from the Premises, Lessee or such other occupant of the Site,
shall obtain, or shall cause such third (3rd)
party to, carry and maintain liability insurance which shall include coverage
for all liabilities arising out of the dispensing or selling of alcoholic
beverages imposed under any laws, including, without limitation a “dram shop” or
alcoholic beverage control act.

    

    (vi)  If and to the extent
required by applicable law, Lessee also shall obtain and keep in force during
the Term of this Lease a worker's compensation policy, insuring against and
satisfying Lessee's obligations and liabilities under the worker's compensation
laws of the state in which the Premises are located and shall also include a
minimum of $1,000,000 for employer’s liability coverages.

     

    
      
        
        

      

      
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    (vii)  Should any financial
assurance requirements pursuant to Environmental Laws be imposed on Lessee’s use
of, or activities at, the Premises, Lessee promptly and timely shall comply with
those requirements as they take­ effect.

    

    (viii)  Lessee shall maintain
pollution liability insurance in favor of Lessor which names Lessor as an
additional insured as specifically provided below in this Section, and any third
parties that may be affected, in an amount of at least $1,000,000 per occurrence
providing coverage for the investigation and/or remediation of any hazardous
materials (including but not limited to petroleum products) released at, on,
under or from the Premises, property damage (including, without limitation,
natural resource ­damages) and compensation for
personal  injuries, costs of defense and legal liability to third
parties with a deductible not to exceed $50,000 per incident.  Lessee
shall provide a certificate of insurance evidencing such required coverage prior
to the Commencement Date, and such certificate shall provide that the policy may
not be cancelled or amended in any material respect without thirty (30) days'
prior written notice to Lessor.

    

    (d)  Lessee
shall name Lessor as additional insureds for liability coverages and named
insured for property coverages and shall name Lessor’s designees, and Lessor’s
successor(s), assignee(s), nominee(s) and agents with an insurable interest.

    

    (e)  If
requested by Lessor, the policies of insurance required to be maintained
hereunder shall bear a standard first mortgage endorsement in favor of any
holder or holders of a first mortgage lien or security interest in the property
with loss payable to such holder or holders as their interest may
appear.

    

    (f)  Lessee
hereby waives and releases any and all right of recovery against Lessor,
including, without limitation, employees and agents, arising during the Term of
the Lease for any and all loss (including, without limitation, loss of rental)
or damage to property located within or constituting a part of the Premises
unless such loss is caused by the gross negligence or willful misconduct of a
Lessor Party.  This waiver is in addition to any other waiver or
release contained in this Lease. Lessee shall have its insurance policies issued
in such form as to waive any right of subrogation that might otherwise exist,
and shall provide written evidence thereof to Lessor upon written
request.

    

    15.   MAINTENANCE;
CASUALTY; RESTORATION.  (a)  Lessee, at its expense,
shall make all repairs, restorations of damage from fire or other casualty and
replacements (including, in either case, structural), and provides all
maintenance, required to keep the building, equipment, personal property and
improvements in a good, sightly and safe operating condition that is in
compliance with all laws and regulations, including maintenance, repairs,
painting and replacements made necessary by reason of ordinary wear and tear,
damage by the elements and obsolescence, and shall keep adjacent sidewalks,
curbs and driveways in good and safe condition and free from snow, ice and
obstructions, keep the yard area free of trash, junk and debris, keep grass,
plantings, shrubs etc. trimmed and neat, and replace damaged glass and light
bulbs and fixtures without delay. Repairs and replacements shall be done in a
good and workmanlike manner with materials equal in quality and class equal to
or better than work or installations existing at the time that the damage or
injury occurred.  Lessee shall commit no act of waste to the Premises
or improvements.

     

    
      
        
        

      

      
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    (b)  Lessee will be
responsible at its sole cost and expense to install and perform the work set
forth on Schedule “F” attached hereto and by this reference made a part hereof
(the “Lessee’s Upgrade Work”) within twenty-four (24) months after the date of
this Lease.  Lessee shall deliver to Lessee at the execution of this
Lease, an amount equal to the cost of Lessee’s Upgrade Work.  Funds
will be released from escrow on a pro rata basis as Lessee’s Upgrade Work is
completed.  

    

    (c)  In the event of damage
to the Premises from fire or other casualty, Lessee shall give Lessor prompt
written notice thereof and shall commence and complete, at Lessee’s cost and
expense, the restoration of such damage so as to render the Premises in the same
or better condition as it was immediately prior to such fire or other
casualty.  Lessee is not entitled to any rent abatement during or
resulting from any partial or total destruction of the Premises from any
casualty, and in no event is Lessee entitled to terminate the Lease as a result
thereof.

    

    (d)  Lessor and Lessor’s
lender, in their discretion and upon notice to Lessee (except that no notice to
Lessee shall be required if an Event of Default has occurred and is continuing),
may adjust, collect and compromise all claims under any of the insurance
policies required by Section 14 (except public liability insurance claims
payable to a person other than Lessee, Lessor or Lessor’s lender) and to execute
and deliver on behalf of Lessee all necessary proofs of loss, receipts, vouchers
and releases required by the insurers.  Provided that no Event of
Default has occurred and is continuing, Lessee shall be entitled to participate
with Lessor and Lessor’s lender in any adjustment, collection and compromise of
the net award payable in connection with a casualty.  So long as an Event of
Default has not occurred and is not then continuing, Lessee may settle,
compromise, adjust and collect any such claims upon written notice to Lessor and
shall deposit such amounts in excess of Seventy-Five Thousand Dollars
($75,000.00) in an account designated by Lessor to be used for the
reconstruction of the Premises as provided below in Section 15(f).  If
an Event of Default has occurred and is continuing, Lessee agrees to
sign, upon the request of Lessor or Lessor’s lender, all such proofs of loss,
receipts, vouchers and releases.  If Lessor or Lessor’s lender so
requests, Lessee shall adjust, collect and compromise any and all such claims,
and Lessor and Lessor’s lender shall have the right to join with Lessee
therein.  Any adjustment, settlement or compromise of any such claim
shall be subject to the prior written approval of Lessor and Lessor’s lender,
and Lessor and Lessor’s lender shall have the right to prosecute or contest, or
to require Tenant to prosecute or contest, any such claim, adjustment,
settlement or compromise.  Each insurer is hereby authorized and
directed to make payment under said policies, including return of unearned
premiums, directly to Lessor or, if required by the mortgage, to Lessor’s lender
instead of to Lessor and Lessee jointly, and Lessee hereby appoints each of
Lessor and Lessor’s lender as Lessee’s attorneys-in-fact to endorse any draft
therefor.  The rights of Lessor under this Section 15(e) shall be
extended to Lessor’s lender if and to the extent that any mortgage so
provides.

    

    (e)  If Lessee shall fail to
comply with its obligations under this Section, for more than twenty (20) days
after notice to Lessee (or such longer period if Lessee has commenced to comply
with its obligations under this subsection (e) and has notified Lessor in
writing that it shall complete such obligations), then  Lessor or its
agent may enter upon the Premises in order to take such remedial action as is
necessary and may charge the cost of repair to Lessee as additional rent due
with Lessee’s next monthly installment of Fixed Annual Rent.  Lessee’s
failure to pay such charges within fifteen (15) days of Lessor’s demand shall be
treated as a failure to pay rent when due and subject to the same
remedies.

     

    
      
        
        

      

      
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    (f)  Lessee shall provide
Lessor with an engineering or property condition report (at Lessee’s sole cost
and expense and in form and substance satisfactory to Lessor, in Lessor’s sole
discretion) not more than twenty-four (24) months nor less than eighteen (18)
months prior to the end of the Initial Term or any Renewal Term (a “Property
Condition Report”).  If (i) such Property Condition Report lists
replacements of the roof or HVAC systems required on the Premises during the
remainder of the Initial Term or any Renewal Term, or (ii) an alteration or
repair to the Premises is required by any applicable Governmental Regulation
during the last eighteen (18) months of the Initial Term or any Renewal Term,
then, provided such alteration or repair is the result of normal wear and tear
and not due to neglect or waste by Lessee, then the cost of such alteration or
repair, as the case may be, will be apportioned between Lessor and Lessee with
Lessee’s share equal to the cost of such alteration or repair, as the case may
be, multiplied by a fraction, the numerator of which shall be the remainder of
the Term from the time such alteration or repair needs to be made pursuant to
subsections (i) and (ii) above, and the denominator of which shall be the
anticipated useful life of such alteration or repair, as the case may
be.  If, after any such apportionment, any Renewal Option is exercised
in accordance with Section 6, the cost of such alteration or repair will be
re-apportioned accordingly.  If such alteration or repair is due to
neglect or waste by Lessee, Lessee will bear the full cost of such alteration
and repair, including any reasonable costs incurred by Lessor to ensure that the
alteration and repair are completed, and such alteration or repair shall be made
in accordance with Section 22 of this Lease.

    

    (g)  In the case of any
alteration or restoration costing in excess of Two Hundred Fifty Thousand
Dollars ($250,000), Lessor (or Lessor’s lender if required by any mortgage)
shall hold the net award in a fund (the “Restoration Fund”) which shall be used
for the alteration and/or restoration of the Site in question and disburse
amounts from the Restoration Fund only in accordance with the following
conditions:

    

    (i)Lessee shall commence the restoration as soon
as reasonably practical and diligently pursue completion of such restoration to
completion;

    

    (ii) prior to commencement of restoration, (A) the
architects, contracts, contractors, plans and specifications and a detailed
budget for the restoration shall have been approved by Lessor, such detailed
budget shall reflect that the Restoration Fund is sufficient to cover the costs
of restoration, including any additional insurance required as a result of
restoration, and payments of Fixed Annual Rent due under this Lease (if Lessor
reasonably determines that the Restoration Fund is insufficient to cover such
costs, Lessee must deposit such required excess amount as directed by Lessor),
(B) Lessor and Lessor’s lender shall be provided by Lessee with mechanics’ lien
insurance, “owner contractor’s protective liability insurance” (if available),
builder’s risk completed value insurance and acceptable performance and payment
bonds which insure satisfactory completion of and payment for the restoration,
are in an amount and form and have a surety acceptable to Lessor, and name
Lessor and Lessor’s lender as additional dual obligees, and (C) appropriate
waivers of mechanics’ and materialmen’s liens shall have been
filed;

    

    (iii)at the time of any disbursement, (A) no Event
of Default shall exist (B) all materials installed and work and labor performed
(except to the extent being paid out of the requested disbursement) in
connection with the restoration shall have been paid in full, and (C) no
mechanics’ or materialmen’s liens or stop orders or notices of pendency shall
have been filed or threatened against the Premises and remain undischarged or
shall be fully bonded to the satisfaction of Lessor;

    

    (iv)disbursements shall be made no more frequently
than once a month and be in an amount not exceeding the cost of the work
completed since the last disbursement, upon receipt of (A) satisfactory
evidence, including architects’ certificates, of the stage of completion, the
estimated total cost of completion and performance of the work to date in a good
and workmanlike manner in accordance with the contracts, plans and
specifications, (B) waivers of liens or partial waivers of liens, as the case
may be, for the work completed through the last disbursement, (C) contractors’
and subcontractors’ sworn statements as to completed work and the cost thereof
for which payment is requested, (D) a satisfactory bringdown of title insurance
and (E) other evidence of cost and payment so that Lessor and Lessor’s lender
can verify that the amounts disbursed from time to time are represented by Work
that is completed, in place and free and clear of mechanics’ and materialmen’s
lien claims;

     

    
      
        
        

      

      
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    (v)each request for disbursement shall be
accompanied by a certificate of Lessee, signed by the president or a vice
president of Lessee, describing the work for which payment is requested, stating
the cost incurred in connection therewith, stating that Lessee has not
previously received payment for such work and, upon completion of the work, also
stating that the work has been fully completed and complies with the applicable
requirements of this Lease and with all Governmental Regulations;

    

    (vi)Lessor may retain ten percent (10%) of the
Restoration Fund until the work is fully completed;

    

    (vii)if the Restoration Fund is held by Lessor, the
Restoration Fund may not be commingled with Lessor’s other funds and shall not
bear interest; and

     

    (viii)  such other reasonable conditions as
Lessor or Lessor’s lender may impose; including without limitation, if the costs
of restoration exceed $1,000,000 and Lessor so requests, a requirement that
Lessee hire a casualty consultant.

     

    (ix)  Prior to commencement of restoration and at any
time during restoration, if the estimated cost of completing the restoration
work free and clear of all liens, as commercially reasonably determined by
Lessor, exceeds the amount of the net award available for such restoration, the
amount of such excess shall, upon demand by Lessor, be paid by Lessee to Lessor
to be added to the Restoration Fund.  Any sum so added by Lessee which
remains in the Restoration Fund upon completion of restoration shall be refunded
to Lessee.  For purposes of determining the source of funds with
respect to the
disposition of funds remaining after the completion of restoration, the net
award shall be deemed to be disbursed prior to any amount added by
Lessee.

    

    (h)  Notwithstanding anything herein to the
contrary, if within the last two (2) years of the Term then in effect (i) there
is damage or destruction to a Site that will cost in excess of $500,000 to
repair, or (ii) if at any time during the Term there is damage or destruction to
a Site and restoration of the Site to its previous use is prohibited by
applicable governing authorities (including zoning boards or Lessee’s inability
to obtain proper permits and approvals), Lessor or Lessee may, at its respective
option and in its respective sole discretion, elect to terminate the Lease with
respect to such Site and in such event Lessee shall assign and deliver to Lessor
any insurance payments received by Lessee with respect to such damage or
destruction together with payment by Lessee of any deductible with respect to
such insurance proceeds; provided,  however, that if Lessor shall have
given a notice of termination in accordance with the foregoing and Lessee shall
thereafter be permitted under this Lease to effect a Renewal Option, and the
Renewal Term is effected pursuant thereto, then Lessor’s termination notice
shall not have any effect.  In the event the Lease is terminated with
respect to a Site as a result of subsection (ii) of this subsection (h), then
the Rent due to Lessor under this Lease shall be adjusted by the amount set
forth with respect to each Site on Schedule “A” attached hereto and by this
reference made a part hereof (with respect to each Site, the “Adjustment
Amount”), which Adjustment Amount shall be increased by two and one-half percent
(2.5%) per annum for each year during the Term of this
Lease.

     

    
      
        
        

      

      
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    (i) Notwithstanding anything
herein to the contrary, if within the last two (2) years of the Initial Term or
Renewal Term then in effect there is damage or destruction to a Site and
restoration of the Site to its previous use is prohibited by applicable
governing authorities (including zoning boards or Lessee’s inability to obtain
proper permits and approvals), Lessee may, at its option and in its sole
discretion, elect to terminate the Lease with respect to such Site and assign
and deliver to Lessor any insurance payments received by Lessee with respect to
such damage or destruction together with any deductible payable in connection
with such insurance payment.  In such event the Rent and other charges
due to Lessor under this Lease shall be adjusted accordingly.

    

    16.   CONDEMNATION.  (a)  Lessee
shall give Lessor and Lessor’s lender immediate written notice of Lessee’s
receipt of a condemnation notice.  If the whole or any substantial
part of any Site (to the extent such partial taking would have a material
adverse affect on the business then being conducted on the Site) shall be
acquired or condemned by eminent domain or for any public or quasi-public use or
purpose, then, and in that event, (x) the Term of this Lease shall cease and
terminate with respect to such Site from the date of title vesting, (y) Fixed
Annual Rent shall be reduced by the Adjustment Amount for such Site set forth on
Schedule “A” annexed hereto (which Adjustment Amount shall be increased by two
and one-half percent (2.5%) per annum for each year during the Term of this
Lease), and (z) Lessee shall have no claim against Lessor for the value of any
unexpired Term of this Lease with respect to such Site.  Lessor and
Lessor’s lender are authorized to collect, settle and compromise, in their sole
and absolute discretion (and, if no Event of Default exists, upon notice to
Lessee) and shall consult with Lessee, but this shall not be construed so as to
require Lessor to obtain Lessee’s approval, which shall not be required in any
case, the amount of any net award. No agreement with any condemnor in settlement
or under threat of any condemnation shall be made by Lessee without the written
consent of Lessor and Lessor’s lender.  No part of any award shall
belong to Lessee, except that Lessee may make a separate claim with the
condemning authority for, or shall be entitled to that portion of the award
expressly attributed to (a) the Lessee’s then book value of leasehold
improvements made to the Site by Lessee, (b) Lessee’s Personal Property or the
cost of removal thereof, and (c) relocation/moving costs and, additionally, (d)
Lessee may make a separate claim with the condemning authority for Lessee’s
enterprise or business value.  Notwithstanding the foregoing, if the
condemnation award is a single award for the entire value of the Site, inclusive
of the fee and leasehold interests of the parties, but without any allocations
as between the two estates, then the portion of the award that Lessee is
entitled to shall be limited to (x) the Lessee’s then book value of Lessee’s
leasehold improvements made to the Site by Lessee, (y) the book value of Lessee’
Personal Property or the cost of removal thereof and (z) any relocation/moving
costs of Lessee.  In the event there is any environmental
contamination at any Site which is subject to a condemnation proceeding,
notwithstanding such condemnation proceeding, Lessee shall continue to be
responsible to remediate any and all contamination in accordance with the terms
of this Lease.

     

    (b)  If, however, the
condemnation does not materially adversely affect Lessee’s ability to conduct
its business at a particular Site comprising the Premises, then the condemnation
shall be deemed to be of less than a substantial part of such Site. If less than
a substantial part of any of the Sites comprising the Premises shall be acquired
or condemned by eminent domain or for a public or quasi-public use or purpose,
then the Term of this Lease and the Fixed Annual Rent payable by Lessee
hereunder shall remain the same and unaffected by such condemnation and Lessor
shall be entitled to the entire award in connection therewith; provided,
however, that Lessor shall make the award available to Lessee, as long as Lessee
is not in default hereunder, notice and cure period, to pay the cost of any
repair or restoration of the Site affected by such proceeding required by reason
of such condemnation.  If any condemnation or other taking shall
result in damage to any of the Sites comprising the Premises, and this Lease
shall not terminate, then Lessee shall repair such damage at its cost and
expense.  The award, if any, in connection therewith shall be made
available to Lessee to pay the cost of repairing and restoring the Site in
question to a useful condition.

     

    
      
        
        

      

      
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    17.   LESSOR
RIGHT OF ENTRY.  (a)  Lessor shall not be required to
render any services to Lessee or to make any repairs or replacements to the
Premises except those specifically described in this Lease.

     

    (b)  Upon
reasonable prior notice, which may be oral, and other than an emergency for
which no notice shall be required, Lessor, for itself and its agents, reserves
the right to enter the Premises for the purposes of examining and inspecting and
ensuring Lessee’s compliance with all applicable laws and the terms and
conditions of this Lease at said Premises and any property of Lessor thereon and
to make any necessary repairs thereto.  Lessor shall not be liable in
any manner to Lessee by reason of such entry or the performance of repair work
in the Premises and the obligations of Lessee hereunder shall not be thereby
affected.  Lessee shall permit Lessee’s predecessor in title to the
Premises access to the Premises in order to comply with the terms and covenants
set forth in the deed conveying the Premises to Lessee.

    

    (c)  The Lessee agrees to
permit the Lessor or the Lessors' agents to show the Premises at any reasonable
times to persons wishing to purchase or Lease the same. 

    

    18.   SUBORDINATION.  (a)  This
Lease is subject and subordinate to all ground leases and overleases and to all
mortgages or other security instruments which may now or hereafter affect this
Lease or any Site, and to all renewals, modifications, consolidations,
replacements, extensions, substitutions or assignments thereof and this clause
shall be self-operative and no further instrument of subordination shall be
required in order to effect same so long as Lessor obtains a non-disturbance
agreement (herein, the “Non-Disturbance Agreement”) from the holder of any
mortgage entered into by Lessor and filed against all or any of the
Sites.  The Non-Disturbance Agreement may contain additional
provisions as are customarily requested by secured lenders with liens
encumbering real property security similar to the Premises, including, without
1imitation, Lessee’s agreement to attorn as set forth below in this Section,
provided that any such provisions shall be acceptable to Lessee, which approval
shall not be unreasonably withheld, conditioned or delayed.  The
parties acknowledge that the form and substance of the Non-Disturbance Agreement
attached hereto as Exhibit “C” is acceptable to them.

     

    (b)  The
Non-Disturbance Agreement shall provide that in the event of foreclosure of any
mortgage, whether superior or subordinate to this Lease, then (i) this Lease
shall continue in force, (ii) Lessee's quiet possession shall not be
­disturbed if Lessee is not in default hereunder or cures such default prior
to the expiration of applicable cure periods, (iii) Lessee shall attorn and
recognize the mortgagee or purchaser at foreclosure sale (“Successor Lessor”) as
Lessee's Lessor for the remaining Term of this Lease, and (iv) the Successor
Lessor shall not be bound by (x) any payment of rent for more than one month in
advance, (y) any amendment, modification or ending of this Lease without the
Successor Lessor's consent after the Successor Lessor's name is given to Lessee,
unless the amendment, modification, or ending is specifically authorized by the
original Lease and does not require Successor Lessor's prior agreement or
consent; and (z) any liability for any act or omission of a prior
Lessor.  At the request of the Successor Lessor, Lessee shall execute
an amendment to this Lease confirming the Successor Lessor on the same terms and
conditions as this Lease for the balance of the Term of this Lease, together
with all options to extend the Term of the Lease as provided
herein.

     

    
      
        
        

      

      
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    19.   SIGNAGE.  Lessee
shall place any signs on the Premises Lessee desires so long as such signs are
neat, professional and reasonably relate to the business being conducted at the
Premises.  All signs shall be in compliance with all applicable
laws.  All signage on or about the Premises shall be fabricated,
installed and maintained by Lessee, at Lessee’s sole cost and
expense.  Lessee shall pay the charges, if any, for all sign
permits.  No signs shall contain any material that would be offensive,
disparaging or indecent or that would otherwise not be in keeping with
comparable service station properties.

    

    20.   ASSIGNMENT;
SUBLETTING; LESSEE FINANCING.  (a) Except as otherwise
expressly provided herein, Lessee shall not assign, pledge, mortgage or
otherwise transfer its interest in the Premises, or any part thereof, without
first obtaining Lessor's written consent, which consent Lessor may withhold in
its sole and absolute discretion during the first five (5) years of the Term of
this Lease and thereafter, such consent may be withheld by Lessor in its
commercially reasonable discretion.  For purposes hereof, and without
limitation, it shall be commercially reasonable for Lessor to deny consent to a
request by Lessee to assign its interest in the Premises (x)  if the
proposed  assignee’s net worth or creditworthiness is less than the
net worth and creditworthiness of Lessee or Guarantor (whichever is greater) as
of the date Lessee requests such consent or as of the Commencement Date, which
ever is greater; or (y) if the proposed assignee does not have experience of
reasonable length and quality with respect to operating the predominant type of
business then being operated at the Premises.  Lessee may sublet the
Premises with not less than twenty (20) days prior written notice to the Lessor
which notice shall include sublessee’s name, address and phone number; provided,
however, that the term of the sublease shall not extend past the day which
immediately precedes the expiration date of the then current Term of this
Lease.  In the event of any such assignment or subletting, by new
lease or otherwise, Lessee shall continue to remain jointly and severally liable
to Lessor, along with its transferee, for the performance of all of Lessee’s
obligations, including the payment of Rent, for the remainder of the Term of
this Lease.  The sale or any other transfer of all or substantially
all of the assets of Lessee to any other person, or a conveyance or transfer of
Lessee’s stock or other ownership interests (if a corporation or other entity)
to any other person, shall be deemed an attempted assignment requiring
consent.  In no event shall any such assignment, subletting and/or
transfer release Guarantor from its obligations under the
Guaranty.  Notwithstanding the foregoing, so long as there is no
change in the operation, management or control of Lessee, Lessee shall be
permitted to transfer membership interests in Lessee for (i) tax planning or
estate planning purposes or (ii) among the members of Lessee as of the date of
this Lease; provided, however, that no membership interests in Lessee are
transferred to any party that is not a member of Lessee as of the Commencement
Date.  In addition, in the event Guarantor becomes incapacitated,
Lessee shall have the right to replace Guarantor as guarantor of the Lease
and/or as the president of the managing member of Lessee; provided, however,
that such replacement shall be reasonably acceptable to Lessor (it being
acknowledged and agreed that it shall be reasonable for Lessor to withhold its
consent to any replacement (x) of Guarantor if the proposed replacement’s net
worth is less than the net worth of Guarantor as of the date Lessee requests
such replacement or as of the Commencement Date, whichever is greater; or (y) of
president of the managing member if the replacement lacks industry experience
comparable to that of Guarantor).

    

    (b) 
In the event of Lessee's surrender of this Lease or the termination of this
Lease, Lessor may, at its option, either terminate any or all subtenancies or
succeed to the interest of Lessee as sublessor thereunder.  No merger
shall result from Lessee's sublease of the Premises under this Section, Lessee's
surrender of this Lease, or the termination of this Lease.

     

    
      
        
        

      

      
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    (c) 
Lessee immediately and irrevocably assigns to Lessor, as security for Lessee's
obligations under this Lease, all rent from any subletting of all or any part of
the Premises as permitted by this Lease; provided, however, that Lessee shall
have a license to collect all such rents unless and until an Event of Default
has occurred and is continuing.  If an Event of Default by Lessee has
occurred and is then continuing, Lessor, as assignee and as attorney-in-fact for
Lessee, or a receiver of Lessee appointed on Lessor's application, may collect
the rent and apply it toward Lessee's obligations under this Lease.

    

    (d)  If this Lease is assigned, or
if the Premises or any part of the Premises is sublet or occupied by anyone
other than Lessee, Lessor may, after default by Lessee which remains uncured
after the expiration of any applicable notice, grace and cure period, collect
rent from the assignee, under-tenant or occupant, and apply the net amount
collected to the rent herein reserved, but no such assignment, underletting,
occupancy or collection shall be deemed a waiver of this covenant, or the
acceptance of the assignee, under-tenant or occupant as tenant, or a release of
Lessee from the further performance by Lessee of covenants on the part of Lessee
herein contained.

    

    (e)  Lessee hereby acknowledges
and agrees that Lessor has a significant material interest in limiting the
amount of debt and other financing obligations incurred by
Lessee.  Accordingly, at the request of Lessee, Lessor hereby consents
to Lessee incurring leasehold mortgage financing secured by the Premises which
shall be limited to a maximum principal amount of Five Million Dollars
($5,000,000.00), which amount shall be increased in each calendar year during
the Term by an amount of one percent (1%) of the amount in effect the
immediately prior calendar year (the “Lessee Financing”).  Lessee
hereby acknowledges that such limitation on debt by Lessee was a material
inducement for Lessor to enter into this Lease.  Other than the Lessee
Financing, Lessee hereby agrees that it shall not incur any other debt during
the Term of the Lease, as the same may be extended, without the prior written
consent of Lessor, which may be withheld by Lessor in its sole and absolute
discretion.  Upon receipt of Lessee’s request, Lessor agrees to
provide an estoppel certificate with respect to this Lease in connection with
any Lessee Financing.

    

    (f)  Each and every sublease,
occupancy agreement and/or license entered into from and after the Commencement
Date must provide that (i) the same is subject to all of the terms and
conditions of this Lease and (ii) in the event of cancellation or termination of
this Lease for any reason whatsoever or of the surrender of this Lease whether
voluntary, involuntary or by operation of law, prior to the expiration date of
such agreement, including extensions and renewals granted thereunder, the
proposed occupant agrees to make full and complete attornment to Lessor for the
balance of the Term of such agreement, at the option of Lessor at any time
during the occupancy of a portion of the Premises, which attornment shall be
evidenced by an agreement in form and substance reasonably satisfactory to
Lessor, in which the proposed occupant agrees to execute and deliver at any time
within fifteen (15) days after request of Lessor, or its successors and assigns,
and the occupant waives the provisions of any law now or hereafter in effect
which may give the occupant any right of election to terminate the agreement or
to surrender possession of any portion of the Premises in the event any
proceeding is brought by Lessor under this Lease to terminate this
Lease.

    

    (g) 
Notwithstanding anything to the contrary set forth in this Lease,
including without limitation, this Section 20, Lessor acknowledges that Lessee
intends from time to time to enter into leases with dealers to operate the
service station business at the Premises (each, a “Dealer Lease” and
collectively, the “Dealer Leases”) for all or portions of the
Sites.  Nothing in this Lease shall be construed to limit Lessee’s
right to enter into such Dealer Leases, and Lessor’s consent shall not be
required for Lessee to enter into or terminate any Dealer Leases; so long as any
new Dealer Lease entered into, or any existing Dealer Lease renewed,
extended  or materially modified, from and after the date of this
Lease shall provide that:(i) the Dealer Leases are expressly subject and
subordinate to this Lease and (ii) contain the provisions of Section 20(f) of
this Lease.  Further, Lessor shall have no obligation or liability
under the Dealer Leases under any circumstances whatsoever, nor shall the Lessee
have any obligation to honor any Dealer Lease.  In no event shall
Lessee be excused from performing its obligations under this Lease
notwithstanding the existence of a Dealer Lease on a Site.  Lessee shall defend,
indemnify and hold Lessor its affiliates, officers, directors, members,
partners, shareholders, employees and agents harmless from and against any and
all losses actually incurred by Lessor, liabilities, claims, demands, suits,
actions, judgments, fines or payments, environmental or otherwise, for, or in
connection with, any claim by any party under the Dealer Leases for any matter
arising under, or in connection with, the Dealer Leases, including any accident,
injury or damage whatsoever caused to any person or property arising, directly
or indirectly, out of the business conducted at the Premises or on any of the
sidewalks adjoining the same, or arising, directly or indirectly, from any
violation of any law, agency ruling or regulation, or from any act or omission
of Lessee or any sublessee and their respective licensees, servants, agents,
customers, employees, invitees or contractors, and from and against all costs,
expenses and liabilities incurred in connection with any such claim or
proceeding brought thereon.

     

    
      
        
        

      

      
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    21.   NO
LIENS.  Other than the Lessee Financing, Lessee shall not do
any act, or make any contract, which may create or be a foundation for any lien
(including mechanics or materialman’s liens) or other encumbrance upon any
interest of Lessor in the Premises.  If any such lien is filed, then
Lessee, within fifteen (15) days or as soon as reasonably possible after notice
of filing, shall cause any such lien or encumbrance to be discharged of
record.  NOTICE IS HEREBY GIVEN THAT LESSOR SHALL NOT BE LIABLE FOR
ANY LABOR, SERVICES OR MATERIALS FURNISHED OR TO BE FURNISHED TO LESSEE OR TO
ANYONE HOLDING OR OCCUPYING ANY OF THE LEASED PREMISES THROUGH OR UNDER LESSEE,
AND THAT NO MECHANICS’ OR OTHER LIENS FOR ANY SUCH LABOR, SERVICES OR MATERIALS
SHALL ATTACH TO OR AFFECT THE INTEREST OF LESSOR IN AND TO THE
PREMISES.  LESSOR MAY AT ANY TIME POST ANY NOTICES ON THE PREMISES
REGARDING SUCH NON-LIABILITY OF LESSOR.

    

    22.   ALTERATIONS;
RESTORATIONS.  (a)  Lessee shall make no additions,
changes, alterations or improvements to any Site comprising a part of the
Premises that are structural or have a cost in excess of $100,000, without first
obtaining Lessor's prior written consent, which may not be unreasonably withheld
if they do not adversely affect the use, utility or value of the Premises;
provided, however, that Lessor may require any alteration having a cost in
excess of $100,000 to be bonded.  Any alterations or additions to any
buildings or permanent improvements authorized by Lessor shall be made in a
good, workmanlike manner, in compliance with all applicable laws, rules and
regulations, and in compliance with all insurance policies required to be
maintained by Lessee under this Lease, and , unless Lessor otherwise elects at
its option, shall upon installation become the property of Lessor and Lessee
shall have no right or interest therein except to continue to use same during
the remainder of the Term of this Lease.   If any alterations
involve the replacement of equipment or parts thereto, all replacement equipment
or parts shall have a value and useful life equal to the greater of (A) the fair
value and useful life on the date hereof or (B) the fair value and useful life
of the equipment being replaced immediately prior to the occurrence of the event
which required its replacement (assuming such replace equipment was then in the
condition required by this Lease).  If Lessee shall make additions,
changes, alterations or improvements to the Premises without Lessor’s prior
written consent or otherwise in violation of the provisions hereof, then at the
request of Lessor, Lessee shall at its own cost and expense remove from the
Premises all additions, changes, alterations or improvements not acceptable to
Lessor, and Lessee shall repair all damage caused by such installation and
removal, other than minor de minimus items.  Any actual, reasonable
costs incurred by Lessor in removing or disposing of fixtures or repairing
damage shall be additional rent hereunder.  Notwithstanding the
foregoing, Lessor shall have the right to approve alterations to any one Site
that exceed Two Hundred Thousand Dollars ($200,000.00) in any calendar year,
provided that (i) Lessor shall receive notice of, but shall have no approval
rights over, any work performed on the USTs or distribution lines, (ii) such
approval by Lessor shall not be unreasonably withheld, conditioned or delayed,
and (iii) Lessor shall be deemed to have approved any alteration if Lessor fails
to respond to Lessee’s written request for approval within thirty (30)
days.

     

    
      
        
        

      

      
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    (b)  In the case of any
alteration costing in excess of Two Hundred Fifty Thousand Dollars
($250,000.00), Lessor (or Lessor’s lender if required by any mortgage) shall
hold the net award in accordance with the provisions of Section 15(g) of this
Lease.  

    

    (c)  Reference is hereby made to
that certain Master Services Agreement for Environmental Services (the “Kleinfelder
Agreement”) by and between Kleinfelder East, Inc. (“Kleinfelder”) and DAG
Enterprises, Inc. dated as of September 25, 2009 with respect to environmental
services for certain portions of the Premises.  Notwithstanding
anything to the contrary set forth in this Lease, Lessee shall not perform any
work on or about the Premises which constitutes “Invasive Work” (as that term is
defined in the Kleinfelder Agreement) without the express prior written consent
of Lessor and Kleinfelder.  Lessor shall not unreasonably withhold or
delay its consent to such request; provided, however, that Lessee hereby
acknowledges and agrees that if Kleinfelder does not consent to such request
from Lessee, then Lessor’s denial of Lessee’s request for consent shall be
deemed reasonable.

    

    (d)  Lessor shall reasonably
cooperate with, and shall not unreasonably interfere with, Kleinfelder’s
performance of its obligations under the Kleinfelder Agreement, which
cooperation shall include, without limitation: (i) allowing access to the
Premises as may be reasonably necessary for Kleinfelder to perform its
obligations under the Kleinfelder Agreement, (ii) promptly executing all
documents, instruments and applications and joining in any notices that may be
reasonably required to enable Kleinfelder’s to perform its obligations under the
Kleinfelder Agreement, and (iii) promptly providing to Lessee and Kleinfelder
any information Lessor obtains relating to contamination on the Premises or any
conditions that may affect the performance of Kleinfelder’s obligations or
remediation costs.  Any costs incurred by Lessor with respect to the
Kleinfelder Agreement shall be payable by Lessee.

    

    23.   DEFAULT.  Lessor
and Lessee agree that each of the provisions of this Lease is a material and
substantial condition of the agreement between the parties relating to the Lease
of the Premises.  The occurrence of any one or more of the following
(after expiration of any applicable cure period) shall, at the sole option of
Lessor, constitute an “Event of Default” under this Lease:

    

    (i)a failure by Lessee to pay, regardless of the
reason for such failure: (x) after five (5) business days written notice that
such amount is past due, any Fixed Annual Rent, or (y) within ten (10) business
days after written notice that any other monetary obligation under this Lease is
past due;

    

    (ii)a failure by Lessee duly to perform and
observe, or a violation or breach of, any other provision of this Lease not
otherwise specifically mentioned in this Section 23, which default continues
beyond the date that is thirty (30) days from the date on which Lessee receives
notice of such default or, if such default cannot be cured within such thirty
(30) day period and delay in the exercise of a remedy would not (in Lessor’s
reasonable judgment) cause a material adverse harm to Lessor of the Premises,
the cure period shall be extended for the period required to cure the default
(but such cure period, including any extension, shall not in the aggregate
exceed one hundred twenty (120) days; provided that Lessee
shall commence to cure the default within thirty (30) days of receipt of notice
from Lessor and shall complete such cure within such one hundred twenty (120)
day period and shall actively and diligently and in good faith proceed with and
continue the curing of the default until it shall be fully cured;

     

    
      
        
        

      

      
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    (iii)any representation or warranty made by Lessee
herein or in any certificate, demand or request made pursuant hereto proves to
have been incorrect, when made in any material respect and Lessee fails to
correct such representation or warranty within thirty (30) days after written
notice from Lessor;

    

    (iv)Lessee shall fail to comply with the
requirements of Section 14 and such failure continues for more than three (3)
business days;

    

    (v)Lessee shall enter into a transaction or series
of transactions in violation of Section 20;

    

    (vi)Lessee shall fail to occupy and use
substantially all of the Premises for the Primary Use in accordance with Section
9 or Lessee shall have abandoned substantially all of the Premises;

    

    (vii)Lessee shall fail to maintain in effect any
license or permit necessary for the use, occupancy or operation of the Premises
and such failure continues for more than thirty (30) days after Lessee receives
written notice of such failure;

    

    (viii)Lessee shall fail to deliver the estoppel
described in Section 33 within the time period specified therein and such
failure continues for more than fifteen (15) days after written notice with
respect to the delivery of such estoppel certificate;

    

    (ix)Lessee or Guarantor shall fail to pay,
beyond any applicable cure period, rent under, or perform of any other material
provision of, any other contract or contracts (including any leases) that have,
in the aggregate, payment obligations over the term thereof of Two Hundred Fifty
Thousand Dollars ($250,000.00) or more if an effect of such default is to cause
the counterparties under such contracts to commence to exercise their remedies
thereunder and Lessee or Guarantor fails to cure such default within the period
allowed therefor under the relevant contract;

    

    (x)a final, non-appealable judgment or uninsured
judgments for the payment of money in excess of Five Hundred Thousand Dollars
($500,000.00) in the aggregate shall be rendered against Lessee or Guarantor and
the same shall remain undischarged or unbonded for a period of sixty (60)
consecutive days;

    

    (xi)Lessee or Guarantor shall (A) voluntarily be
adjudicated a bankrupt or insolvent, (B) seek or consent to the appointment of a
receiver or trustee for itself or for the Premises, (C) file a petition seeking
relief under the bankruptcy or other similar laws of the United States, any
state or any jurisdiction, (D) make a general assignment for the benefit of
creditors, or (E) be unable to pay its debts as they mature in the ordinary
course of business;

     

    
      
        
        

      

      
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    (xii)a court shall enter an order, judgment or
decree appointing, without the consent of Lessee or Guarantor, a receiver or
trustee for it or for the Premises or approving a petition filed against Lessee
or Guarantor which
seeks relief under the bankruptcy or other similar laws of the United States,
any state or any jurisdiction, and such order, judgment or decree shall remain
undischarged or unstayed sixty (60) days after it is entered;

    

    (xiii)Lessee shall be liquidated or dissolved or
shall begin proceedings towards its liquidation or dissolution;

    

    (xiv)the estate or interest of Lessee in the
Premises shall be levied upon or attached in any proceeding and such estate or
interest is about to be sold or transferred or such process shall not be vacated
or discharged within sixty (60) days after it is made; 

    

    (xv)Guarantor shall (A) fail to perform its
obligations under the Guaranty beyond applicable notice and cure periods set
forth therein, or (B) repudiate the Guaranty or (C) take any action that causes
the Guaranty to terminate or be unenforceable for any reason; or

    

    (xvi)Lessee and/or Purchaser receive written notice
from Seller under the PSA Documents that Lessee and/or Purchaser, Guarantor
and/or any of their affiliates is in default of their obligations under any of
the PSA Documents and such default is not cured prior to the expiration of any
applicable notice and cure period.

     

    24.   EVENT OF
DEFAULT; DAMAGES; REMEDIES.  (a)  From and after the
occurrence of an Event of Default, Lessor may:

    

    (i)   give notice to Lessee of
Lessor’s intention to terminate this Lease on the date specified in such
notice, which date shall be no earlier than twenty (20) days following
the date of such notice (the “Termination Date”).  Until and including
the Termination Date, Lessee shall have the right to restore the terms of this
Lease (“Lessee’s Restoration Right”) by curing any default and, if such default
is a monetary default, by providing Lessor a security deposit in an amount equal
to (x) one (1) month’s of the Fixed Annual Rent then in effect if such monetary
default is cured within five (5) days of delivery of notice, (y) two (2) month’s
of the Fixed Annual Rent then in effect if such monetary default is cured after
five (5) days but not more than ten (10) days of delivery of notice, and
(z)three (3) months of the Fixed Annual Rent then in effect if such default is
cured at any time after ten (10) days of delivery of notice through the end of
the aforesaid twenty (20) day period.  If Lessee fails to restore this
Lease as provided hereinabove, upon such date, this Lease,
the estate hereby granted and all rights of Lessee hereunder shall expire and
terminate.  Upon such termination, Lessee shall immediately surrender
and deliver possession of the Premises to Lessor in the condition required by
the terms of this Lease as if such date was the Expiration Date.  If
Lessee does not so surrender and deliver possession of all of the Premises,
Landlord may re-enter and repossess the Premises not surrendered by any
available legal process.  Upon or at any time after taking possession
of the Premises, Lessor may, by legal process, remove any persons or property
therefrom.  Lessor will be under no liability for or by reason of any
such entry, repossession or removal; or

     

    
      
        
        

      

      
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    (ii)subject to Lessee’s Restoration Right,
terminate Lessee’s right of possession and may repossess and re-enter the
Premises by any available legal process without thereby releasing Lessee from
any liability hereunder and, except as required by applicable law, without
demand or notice of any kind to Lessee and without terminating this
Lease.  After repossession of the Premises pursuant hereto, Lessor
will have the right to relet the Premises to such tenant or tenants, for such
term or terms, for such rent, on such conditions and for such uses as Lessor in
its sole discretion may determine, and collect and receive any rents payable by
reason of such reletting.  However, Lessor agrees to exercise
commercially reasonable efforts to mitigate damages and Lessee, in any event,
shall be and remain liable to Lessor for any rental shortfall between the Rent
payable hereunder by Lessee and the rent received by Lessor as a result of any
such reletting.  Lessor may make such alterations in connection with
such reletting as it may deem advisable in its sole
discretion.  Notwithstanding any such termination of Lessee’s right of
possession of the Premises, Lessor may at any time thereafter elect to terminate
this Lease and in such event lessor will have the rights and remedies specified
in the foregoing Section 24(a)(i).

    

    (b)  Upon re-entry by Lessor,
expiration or termination of this Lease or dispossession by summary proceeding
or otherwise, Lessee shall be responsible for the following:

    

    (i)Rent up to the time of such re-entry,
dispossess or expiration of the Term of this Lease;

    

    (ii)Rent for the balance of the full Term, all of
which shall be accelerated and due and payable as of the date of default,
re-entry by Lessor, termination of this Lease or entry of a judgment of
possession, whichever date first occurs (the “Accelerated Rent”) less the amount
of rent that is actually received by Lessor if and when Lessor relets the
Premises;

    

    (iii)The payment of all actual, reasonable sums
incurred by Lessor in putting the Premises in good order or preparing the same
for re-rental, including brokerage and advertising fees;

    

    (iv)Reasonable attorney's fees and expenses
resulting from Lessor enforcing any of the remedies described above, or in the
enforcement of this Lease or in defending any claim brought against Lessor by
Lessee against which Lessor successfully defends; and

    

    (v)  In addition, Lessor shall have
such other remedies as are then available to it by law or in
equity.  Except as otherwise provided herein, all remedies are
cumulative and concurrent and no remedy is exclusive of any other
remedy.  Each remedy may be exercised at any time an Event of Default
has occurred and is continuing and may be exercised from time to
time.  No remedy shall be exhausted by any exercise thereof.

    

    (c)  The obligations of Lessee
under this Section shall survive the expiration or termination of this
Lease.

     

    25.   LATE
CHARGES.  Any money owed by Lessee to Lessor after the due date
therefor shall bear interest at the Default Rate, from the due date until the
date paid.  Lessee understands and agrees that more than three (3)
instances of dishonoring of checks and/or electronic wire transfers or
Electronic Funds Transfers during any twelve (12) month period shall be an
additional ground of default under this Lease.

    

    26.   SURRENDER;
HOLDOVER.  (a)  Lessee shall quit and surrender
peaceably and quietly, to Lessor, its agent or attorney, possession of the
Premises at the expiration or other termination of this Lease, vacant (free of
all occupants), broom clean and in good condition, except for ordinary wear and
tear and free of violations, and shall surrender all keys for the Premises to
Lessor at the place then fixed for the payment of Rent and shall provide Lessor
all combinations for locks, safes and vaults,  passwords and codes for
computers or computer-operated equipment if any, in the
Premises.  Lessee’s failure to so vacate shall subject Lessee to
liability and Lessee agrees to pay Lessor’s damages, costs and counsel fees
resulting therefrom.  If upon termination of this Lease or abandonment
of the Premises by Lessee, Lessee abandons or leaves any personal property or
equipment at the Premises, such equipment or property shall be conclusively
deemed abandoned and Lessor shall have the right, without notice to Lessee, to
store or otherwise dispose of the property or equipment at Lessee's sole cost,
expense and risk, without being liable in any respect to
Lessee.  Lessee agrees that any such disposition by Lessor shall be
conclusively deemed to be commercially reasonable.

     

    
      
        
        

      

      
        31

        
          

        

      

      
        
        

      

    

    

    (b)  If
Lessee holds over or remains in possession of the Premises after the expiration
of the Term of the Lease, or after any prior termination thereof, without any
written agreement being made or entered into between Lessor and Lessee, such
holding over or continued possession shall be deemed to be a tenancy from month
to month at a monthly rental equal to one hundred fifty percent (150%) of the
then last monthly installments of Fixed Annual Rent and additional rent payable
during the Term for the first thirty (30) days of such holdover period and
thereafter, the greater of two (2) times (x) the then last monthly installments
of Fixed Annual Rent and additional rent payable during the Term, and (y) fair
market Rent, and otherwise shall be upon the terms and conditions of this Lease,
and such tenancy shall be terminable at the end of any month by either party
upon written notice delivered to the other party at least thirty (30) days prior
to the end of such month. 

    

    (c)  No act or thing done by
Lessor or any agent or employee of Lessor during the Term of this Lease shall be
deemed to constitute an acceptance by Lessor or a surrender of the Premises
unless such acceptance of surrender is specifically acknowledged by Lessor in a
writing signed by Lessor.  The delivery of keys to the Premises or any
agent or employee of Lessor shall not constitute a surrender of the Premises or
effect a termination of this Lease, whether or not the keys are retained by
Lessor and, notwithstanding such delivery, Lessee shall be entitled to the
return of such keys at any reasonable time upon written request until this Lease
shall have been terminated properly.

    

    27.   WAIVERS.  

    

    (a)  THE PARTIES HERETO
WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY EITHER
OF THE PARTIES HERETO AGAINST THE OTHER.  IN THE EVENT LESSOR
COMMENCES ANY DISPOSSESS PROCEEDING FOR POSSESSION OF THE PREMISES BASED UPON A
DEFAULT BY LESSEE IN THE PAYMENT OF FIXED ANNUAL RENT OR ADDITIONAL RENT, LESSEE
WILL NOT INTERPOSE ANY COUNTERCLAIM OF ANY NATURE OR DESCRIPTION IN SUCH
PROCEEDING.  IN CONNECTION WITH ANY SUCH PROCEEDING, OR IN ANY OTHER
ACTION OR PROCEEDING TO ENFORCE THIS LEASE OR OBTAIN POSSESSION OF THE PREMISES,
THE PREVAILING PARTY SHALL BE ENTITLED TO RECOVER ITS COSTS, EXPENSES AND
ATTORNEYS FEES FROM THE NON-PREVAILING PARTY.

    

    (b)  WITH RESPECT TO ANY
REMEDY OR PROCEEDING HEREUNDER, LESSEE HEREBY WAIVES THE SERVICE OF NOTICE WHICH
MAY BE REQUIRED BY ANY APPLICABLE LAW.

     

    
      
        
        

      

      
        32

        
          

        

      

      
        
        

      

    

    

    (c)  Except as otherwise
expressly set forth herein, Lessee hereby waives and surrenders, for itself and
all those claiming under it, including creditors of all kinds (i) any right and
privilege which it or any of them may have under any present or future law to
redeem the Premises or to have a continuance of this Lease after termination
of  this Lease or of Lessee’s right of occupancy or possession
pursuant to any court order or any provision hereof, and (ii) the benefits of
any present or future law which exempts property from liability for debt or for
distress for rent.

    

    28.   INDEMNIFICATION.  (a)  Lessor
shall not in any event whatsoever be liable for any injury or damages to any
person happening on or about the Premises, or for any injury or damage to the
Premises, or to any property of Lessee or to any property of any other person,
firm, association, or corporation on or about the Premises, unless the direct
result of Lessor’s gross negligence or willful misconduct.  Lessee
shall defend, indemnify and hold Lessor, its affiliates, officers, directors,
members, partners, shareholders, employees and agents (collectively,
Indemnitees”)harmless from and against any and all losses, liabilities, claims,
demands, suits, actions, judgments, fines or payments, environmental or
otherwise, for, or in connection with, any default by Lessee under the terms of
this Lease, any accident, injury or damage whatsoever caused to any person or
property arising, directly or indirectly, out of any business conducted at or
with respect to the Premises or on any of the sidewalks adjoining the same, or
arising, directly or indirectly, from any violation of any law, agency ruling or
regulation, or from any act or omission of Lessee or any sublessee and their
respective licensees, servants, agents, customers, employees, invitees or
contractors, and from and against all costs, expenses and liabilities incurred
in connection with any such claim or proceeding brought thereon, including,
without limitation, (i) any claim against Lessor arising as a result of a
failure of Lessee, Purchaser or Guarantor to comply with its obligations under
the PSA Documents (which shall include, but not be limited to, the “Purchaser
indemnification of Seller for IP Claims” (as set forth in Section 1.5 of the
PSA), the “Purchaser’s PMPA Indemnification” (as set forth in Section 4.4 of the
PSA) and the “Purchaser’s Indemnification” (as set forth in Section 7.8 of the
PSA )), and (ii) any
liability, claims, demands, or causes of action whatsoever asserted by any one
or more of the dealers who operate the service station businesses at the
Premises, whether based in contract, tort, statutory right, or equitable
principles. Lessee shall be responsible to pay all reasonable attorneys’ fees,
costs and disbursements incurred by Lessor as a result of Lessee’s default
hereunder and this shall include all costs, including, without limitation,
reasonable attorneys’ fees, costs and disbursements incurred by Lessor in
collecting such amounts from Lessee and in enforcing the indemnification set
forth herein.  Lessor shall have no responsibility whatsoever for any
damage, vandalism or theft of Lessee's property.  The obligations of
Lessee under this Section shall survive the expiration or termination of this
Lease.  Notwithstanding anything herein to the contrary, in no event
shall Lessee’s indemnification obligations include payments of principal and
interest due from Lessor to its lender under the terms of any loan
documents.  In no event shall Lessee be liable to Lessor for punitive
or special damages or for any amounts due and payable under Lessor’s financing
documents with its lender.

    

    (b)  In case any action or
proceeding is brought against any Indemnitee by reason of any such claim, (i)
such Indemnitee will notify Lessee to resist or defend such action or
proceeding, and such Indemnitee will cooperate and assist in the defense of such
action or proceeding if reasonably requested to do so by Lessee and (ii) Lessee
may, except during the continuance of an Event of Default and provided it
acknowledges in writing that the claim is fully indemnifiable by it under this
Lease, retain counsel of its choice to defend such action; provided, however,
that Indemnitee may employ counsel of its own choice to monitor the defense of
any such action, the cost of which counsel shall be paid by Lessee, except with
respect to any claim arising as a result of a failure of Lessee, Purchaser or
Guarantor to comply with the Purchaser’s PMPA Indemnification (as set forth in
Section 4.4 of the PSA) and/or any liability, claims, demands, or causes of
action whatsoever asserted by any one or more of the dealers who operate the
service station businesses at the Premises, in which event Indemnitee shall not
be permitted to engage separate counsel to monitor the defense of such action at
Lessee’s expense, but may engage counsel of its choice at its own
expense.  Notwithstanding the foregoing, Indemnitee shall have the
right, but not the obligation, to assume control of the defense and settlement
of any claim for which indemnity is required hereunder if (i) the Indemnitee
reasonably believes, after consultation with counsel, that the use of counsel
chosen by the Lessee to represent Indemnitee would present such counsel with an
actual or potential conflict of interest, (ii) Lessee shall not have engaged
counsel to have charge of the defense of such action within a reasonable period
after the date of notice of the claim for which indemnification is sought is
given to Lessee, or (iii) the Indemnitee shall have reasonably concluded that
there may be material defenses available to it or them which are different from
or additional to those available to the Lessee or otherwise being pursued on
behalf of the Indemnitee after Lessor has exercised reasonable commercial
efforts to cause Lessee’s counsel to raise a reasonable defense and Lessee’s
counsel has not done so.  If any event described in clauses (i)
through (iii) shall occur, then the Lessee shall not have the right to direct
the defense of the indemnifiable action, and the Indemnitee shall be entitled to
direct the defense of such action with counsel of its own choice, and the
reasonable fees and expenses of the Indemnitee shall be borne by the Lessee,
provided that such counsel shall be reasonably acceptable to the
Lessee.  In addition to the foregoing, If there is an Event of Default
or if Lessee fails to acknowledge in writing that a claim for indemnification
asserted by an Indemnitee is not fully indemnifiable by it under this Lease,
then the Indemnitee will have the right to select counsel, and the fees and
expenses of such counsel shall be paid by Lessee.

     

    
      
        
        

      

      
        33

        
          

        

      

      
        
        

      

    

    

    29.   LIMITATION
OF LESSOR’S LIABILITY; LESSOR’S RIGHT OF
ASSIGNMENT.  

    

    (a)  Lessee agrees that the
liability of the Lessor under this Lease and all matters pertaining to or
arising out of the tenancy and the use and occupancy of the Premises, shall be
limited to Lessor's interest in the Premises, and in no event shall Lessee make
any claim against or seek to impose any personal liability upon any individual,
corporate officer, general or limited partner of any partnership, or principal
of any firm or corporation that may now or hereafter become the
Lessor.  Notwithstanding anything contained in this Lease, Lessee and
its successors and assigns agree that Lessee shall look solely to the estate and
property of Lessor in the real property comprising the Premises for the
collection of any claims, judgments (or other judicial process) or liabilities
requiring the payment of money by Lessor or its successors or grantees in the
event of any claim against Lessor arising out of this Lease or any of the terms,
covenants and conditions of this Lease to be observed or performed by Lessor,
and no other assets of Lessor or Lessor's successors or Lessor's parent or
affiliates shall be subject to levy, execution or other procedures for the
satisfaction of Lessee's claims.  Lessor agrees that the
liability of the Lessee under this Lease and all matters pertaining to or
arising out of the tenancy and the use and occupancy of the Premises, are
personal to Lessee and the Guarantor (to the extent covered by the Guaranty),
and other than the Guarantor, in no event shall Lessor make any claim against or
seek to impose any personal liability upon any individual, corporate officer,
general or limited partner of any partnership, or principal of any firm or
corporation, member or manager that may now or hereafter become a part of
Lessee

    

    (b)  Lessor
shall have no liability for consequential damages resulting from, nor may Lessee
terminate this Lease as a result of, Lessor’s failure to give consent, approval
or instruction reserved to Lessor.  Lessee’s sole remedies in any such
event shall be an action for injunctive relief or, in the alternative, an action
to recover actual compensatory damages in the event that Lessor unreasonably
withholds its consent or approval in cases where such Lessor is not permitted to
withhold its approval in its sole and absolute discretion.

     

    
      
        
        

      

      
        34

        
          

        

      

      
        
        

      

    

    

    (c)  Lessor shall be free at
all times, without need of consent or approval by Lessee, to assign its interest
in this Lease and/or to convey its fee or leasehold interest in the
Premises.  Lessor shall give notice to Lessee of any such
conveyance.  Each conveyance by Lessor of Lessor’s interest in the
Lease or the Premises prior to the expiration or termination of this Lease shall
be subject to this Lease and shall relieve the grantor of any further
obligations or liability as Lessor, and Lessee shall look solely to Lessor’s
successor in interest for all obligations of Lessor accruing from and after the
date of the conveyance.  Lessee hereby expressly grants Lessor the
right to sever this Lease if Lessor does in fact sever this Lease, then and in
such event, this Lease with Lessee shall be and remain a unitary lease with
respect to the Sites then demised pursuant to the
Lease.  

    

    30.   BROKER.  Each
of Lessor and Lessee warrant and represent to the other that it has dealt with
no broker, real estate salesman, or person acting as broker or finder, in
connection with this Lease.  Each of Lessor and Lessee shall defend,
indemnify and hold harmless the other party of and from any and all claims,
liabilities and/or damages which are based upon a claim by any broker, person,
firm, or corporation for brokerage commission and/or other compensation by
reason of having dealt with Lessee.  The provisions hereof shall
survive the expiration or termination of this Lease. 

    

    31.   NOTICES;
PAYMENTS.  (a)  All notices, demands, requests,
consents, approvals, offers, statements and other instruments or communications
required or permitted to be given pursuant to the provisions of this Lease shall
be in writing and shall be deemed to have been given and received for all
purposes when delivered in person or by Federal Express or other reliable
24-hour delivery service or five (5) Business Days after being deposited in the
United States mail, by registered or certified mail, return receipt requested,
postage prepaid, addressed to the other party at the address set forth below or
when delivery is refused, and such notices shall be addressed as
follows:

     

    
      
        	 	
                To
      Landlord:

              	
                GTY
      MD Leasing, Inc.

              
	 	 
      	
                125
      Jericho Turnpike, Suite 103

              
	 	 
      	
                Jericho,
      New York 11753

              
	 	 
      	
                Phone
      No.: (516) 478-5400

              
	 	 
      	
                Fax
      No.: (516) 478-5490

              
	 	 
      	
                Attn: 
      Kevin C. Shea,

              
	 	 
      	
                Executive
      Vice President

              

      

    

     

    
      
        
        

      

      
        35

        
          

        

      

      
        
        

      

    

     

    
      
        	
                 

              	
                
                  With
      a copy to:

                

              	GTY
      MD Leasing, Inc.
	 
      	 
      	
                125
      Jericho Turnpike, Suite 103

              
	 
      	
                 

              	Jericho,
      New York 11753
	 
      	
                 

              	Phone
      No.: (516) 478-5400
	 
      	
                 

              	Fax
      No.: (516) 478-5490
	 
      	
                 

              	Attn: 
      Joshua Dicker, Esq.
	 
      	
                 

              	General
      Counsel
	 
      	 
      	 
      
	
                 

              	 
      	Handsman
      & Kaminsky LLP
	
                 

              	 
      	900
      Third Avenue, 12th
      Floor
	
                 

              	 
      	New
      York, New York 10022
	
                 

              	 
      	Phone
      No.: (212) 750-3636
	
                 

              	 
      	Fax
      No.: (212) 750-4699
	
                 

              	 
      	Attn: 
      David S. Handsman, Esq.

      

    

     

    
      
        	 	
                To
      Tenant:

              	
                White
      Oak Petroleum LLC

              
	 	 
      	
                c/o
      Capitol Petroleum Group

              
	 	 
      	
                6820-B
      Commercial Drive

              
	 	 
      	
                Springfield
      VA 22151

              
	 	 
      	
                Phone
      No.:  703-750-6811

              
	 	
                 

              	Fax
      No.:  (703) 750-6817
	 	
                 

              	Attn: 
      Joe Mamo

      

    

     

    
      
        	 	
                With
      a copy to:

              	
                Pillsbury
      Winthrop Shaw Pittman LLP

              
	 	 
      	
                2300
      N Street, N.W.

              
	 	 
      	
                Washington,
      DC 20037

              
	 	 
      	
                Phone
      No.:  (202) 663-8952

              
	 	
                 

              	Fax
      No.:  (202) 663-8007
	 	
                 

              	Attn:  Marjorie
      Fisher, Esq.

      

    

    

    For the purposes of this subsection,
any party may substitute another address stated above (or substituted by a
previous notice) for its address by giving fifteen (15) days’ notice of the new
address to the other party, in the manner provided above.

    

    (b)  Rent
and all other payments due to Lessor under this Lease shall be paid in lawful
money of the United States of America, without offset or deduction, to the name
and at the address first given above for Lessor or to such other persons or
parties or at such other places as Lessor, from time to time, may designate in a
written notice to Lessee.

    

    32.   NO
WAIVER.  (a)  Lessor's right to require strict
performance shall not be affected by any previous waiver or course of
dealings.

    

    (b)  The
receipt and acceptance of rent by Lessor with knowledge of a default by Lessee
under this Lease shall not be deemed a waiver of such default and Lessor retains
all of its rights under this Lease resulting from such default.

     

    
      
        
        

      

      
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    (c)  No
payment by Lessee or receipt by Lessor of a lesser amount than the monthly rent
stipulated herein shall be deemed to be other than on account of the earliest
stipulated rent or item of additional rent outstanding, nor shall any
endorsement or statement on any check or any letter accompanying any check or
payment as rent or additional rent be deemed an accord and satisfaction and
Lessor may accept any such check or payment without prejudice to Lessor’s rights
to recover the balance due or to pursue any other remedy.

    

    33.   ESTOPPEL
CERTIFICATES; FINANCIAL STATEMENTS; REPORTS.  (a) At any time and from time
to time, within ten (10) days after request by Lessor, by written instrument,
Lessee shall certify to Lessor, any mortgage, assignee of a mortgagee, any
purchaser, or any other person specified by Lessor, to the effect that (i)
Lessee is in possession of the Premises; (ii) this Lease is unmodified and in
full force and effect (or if there has been modification, that the same is in
full force and effect as modified and setting forth such modification); (iii)
whether or not there are then existing set-off or defenses against the
enforcement of any duty or obligation of Lessee (and if so, specifying the
same); and (iv) the dates, if any, to which any rent or other charges have been
paid in advance.

    

    (b)  At
any time and from time to time, within ten (10) days after request by Lessee, by
written instrument, Lessor shall certify to Lessee, any mortgage, assignee of a
mortgagee, or any other person specified by Lessee, to the effect that to
Lessor’s knowledge, (i) Lessee is in possession of the Premises; (ii) this Lease
is unmodified and in full force and effect (or if there has been modification,
that the same is in full force and effect as modified and setting forth such
modification); (iii) whether or not there exists a default or an Event of
Default by Lessee hereunder, and if so, specifying the nature of such default or
Event of Default; and (iv) the dates, if any, to which any rent or other charges
have been paid.

    

    (c)  Lessee shall keep
adequate records and books of account with respect to the finances and business
of Lessee generally and with respect to the Premises, in accordance with
generally accepted accounting principles consistently applied (“GAAP”) (with the
exception that quarterly statements do not need to include footnotes), and shall
permit Lessor by its agents, accountants and attorneys, upon reasonable notice
to Lessee, to visit and inspect the Premises and examine (and make copies of)
the records and books of account and to discuss the finances and business with
the officers of Lessee, if any, at such reasonable times as may be requested by
Lessor.  Upon the request Lessor (either telephonically or in
writing), Lessee shall provide the requesting party with copies of any
information to which such party would be entitled in the course of a personal
visit and any such information shall be kept confidential by
Lessor.

    

    (d)  Lessee shall deliver to
Lessor within one hundred twenty (120) days of the close of each fiscal year,
annual audited consolidated financial statements of Lessee, or, if Lessee is a
wholly-owned subsidiary of a parent company, annual audited consolidated
financial statements of such parent company, prepared by independent certified
public accountants reasonably acceptable to the Lessor; provided, however, that
within sixty (60) days after the close of each fiscal year, Lessee shall deliver
unaudited consolidated financial statements of Lessee, or, if Lessee is a
wholly-owned subsidiary of a parent company, annual unaudited consolidated
financial statements of such parent company, certified as true, correct and
complete by Lessee’s chief financial officer.  Lessee shall also
furnish to Lessor within thirty (30) days after the end of each of the three
remaining quarters unaudited financial statements and all other quarterly
reports of Lessee or its parent company, as applicable, certified by such
reporting party’s chief financial officer, and all filings, if any, of Form
10-K, Form 10-Q and other required filings with the Securities and Exchange
Commission pursuant to the provisions of the Securities Exchange Act of 1934, as
amended, or any other law.  Lessee acknowledges that Lessor is, or its
affiliates are, subject to stock exchange requirements and listing rules and
regulations promulgated under the Securities Exchange Act of 1934, and
interpretations thereof by relevant enforcement authorities, and agrees that if
under said rules and regulations or listing requirements, Lessor is required to
provide audited or unaudited financial information applicable to Lessee or
Guarantor, or otherwise relating to this Lease, which is greater than that
contemplated above, or is required sooner than contemplated above, Lessee shall
provide such information in the form necessary for Lessor to comply with same,
upon notice by Lessor to Lessee, with identification  of the
applicable rule ,regulation or listing requirement.

     

    
      
        
        

      

      
        37

        
          

        

      

      
        
        

      

    

    

    (e)  All financial statements
delivered to Lessor pursuant to this Section 33 shall be prepared in accordance
with GAAP.  All annual financial statements shall be accompanied (i)
by an opinion of said accounting firm stating that (A) there are no
qualifications as to the scope of the audit and (B) the audit was performed in
accordance with GAAP and (ii) by the affidavit of the president, chief financial
officer or vice president of finance or a duly appointed officer of Lessee with
knowledge of Lessee’s financial affairs, of the reporting party dated within
five (5) days of the delivery of such statement, stating that (A) the affiant
knows of no Event of Default, or event which, upon notice or the passage of time
or both, would become an Event of Default which has occurred and is continuing
hereunder or, if any such event has occurred and is continuing, specifying the
nature and period of existence thereof and what action Lessee or any Guarantor,
as the case may be, has taken or proposes to take with respect thereto, (B)
except as otherwise specified in such affidavit, that Lessee has fulfilled all
of its obligations under this Lease which are required to be fulfilled on or
prior to the date of such affidavit and (C) Lessee shall promptly deliver to
Lessor copies of any additional reporting information provided to Lessee’s
lenders.  If Lessee is, as of the date hereof or becomes, after the
date hereof, a party to a mortgage, deed of trust, credit agreement or any other
agreement that (a) encumbers the Premises and (b) secures Lessee’s obligation to
repay a loan, as the same may be amended, supplemented or modified, and the
terms of such agreement with respect to financial reporting are more favorable
to the lender under such agreement than the terms of this Section 33 are to
Lessor, Lessee agrees to provide written notice to Lessor of the terms of such
agreement within ten (10) days after entering into such agreement, and to
execute an amendment to this Lease that conforms the Lease to the financial
reporting terms of such agreement within thirty (30) days after entering into
such agreement. 

    

    (f)  Within forty-five (45)
days after the end of each calendar quarter, Lessee shall deliver to Lessor the
motor fuel volume, rental income and merchandise sales figures for the calendar
quarter for each Site comprising the Premises, and, if available, Site level
profit and loss statements . 

    

    (g)  All reports, statements,
budgets and other documents required to be submitted to Seller by Purchaser
pursuant to the terms of the PSA which relate to any of the Properties shall be
sent to Lessor by Lessee at the same time sent to Seller in the same manner of
delivery.

    

    34.   BINDING
EFFECT.  This Lease shall be binding upon and inure to the
benefit of the parties hereto, their respective legal representatives, heirs,
successors and assigns.  This Lease may be executed simultaneously in
any number of counterparts, each of which shall be deemed to be an original, but
all of which together shall constitute one and the same
instrument.  This Lease may be executed by facsimile signature, which
signature shall have the same legal effect as an original.

    

    35.   NO
MODIFICATION.  No waiver, modification, change or alteration of
the provisions of this Lease, or any of the rights or remedies of either of the
parties hereto shall be valid, unless such waiver, modification, change or
alteration is in writing, and signed by the party against whom enforcement is
sought.

     

    
      
        
        

      

      
        38

        
          

        

      

      
        
        

      

    

    

    36.   GOVERNING
LAW.  Each of Lessor and Lessee hereby agree that the State of
Maryland has a substantial relationship to the parties and to the underlying
transaction embodied hereby, and in all respects (including, without limiting
the generality of the foregoing, matters of construction, validity and
performance) this Lease and the obligations arising hereunder shall be governed
by, and construed in accordance with, the laws of the State of Maryland
applicable to contracts made and performed therein and all applicable law of the
United States of America; except that, at all times, the provisions for the
creation of the leasehold estate, enforcement of Lessor’s rights and remedies
with respect to right of re-entry and repossession, surrender, delivery,
ejectment, dispossession, eviction or other in-rem proceeding or action
regarding any of the Sites shall be governed by and construed according to the
Laws of the state in which such Site is located, it being understood that, to
the fullest extent permitted by law of such State, the law of the State of
Maryland shall govern the validity and the enforceability of the Lease, and the
obligations arising hereunder.  To the fullest extent permitted by
law, Lessee hereby unconditionally and irrevocably waives any claim to assert
that the law of any other jurisdiction governs this Lease.  Any legal
suit, action or proceeding against Lessee arising out of or relating to this
Lease may be instituted in any federal or state court sitting in the County of
Prince George , State of Maryland , and Lessee waives any objection which it may
now or hereafter have to the laying of venue of any such suit, action or
proceeding in such County and State, and Lessee hereby expressly and irrevocably
submits to the jurisdiction of any such court in any suit, action or
proceeding.  Notwithstanding the foregoing, nothing herein shall
prevent or prohibit Lessor from instituting any suit, action or proceeding in
any other proper venue or jurisdiction in which the Premises is located or where
service of process can be effectuated.

    

    37.   PARTIAL
INVALIDITY.  In the event any provision of this Lease is
declared illegal, invalid, or unenforceable or contrary to law, it shall not
affect any other part.

    

    38.   ENTIRE
LEASE.  The parties have set forth in this Lease their entire
understanding, there is no other agreement or understanding between the parties,
except as expressly set forth herein; provided, however, Lessor and Lessee
hereby acknowledge that this Lease is being entered into, in connection with and
pursuant to, that certain Asset Purchase Agreement. 

    

    39.   LESSOR/LESSEE.  The
parties agree that this Lease shall not be deemed a joint venture but strictly a
“landlord/tenant” “Lessor/Lessee” relationship. 

    

    40.   AUTHORITY.  Lessee
has fully read this Lease before signing same and is in full agreement with its
terms.  The person signing this Lease on behalf of Lessee certifies
that he/she is authorized by Lessee to execute this Lease on behalf of Lessee
and to bind Lessee to its terms.

    

    41.   NO
RECORDING; MEMORANDUM OF LEASE.  Lessee shall not record this
Lease or any notice or memorandum thereof.  Upon the request of either
party, the parties shall execute and deliver a memorandum of Lease with respect
to the terms and conditions of this Lease, at the cost and expense of the party
requesting the memorandum, including, without limitation, any recording charges
due and payable in connection therewith.  In addition, if the parties
execute and deliver a memorandum of Lease, then the parties shall also execute
and deliver a termination of the memorandum of Lease which termination shall be
delivered to Lessor and held by Lessor in accordance with the provisions of this
Section 41.  Lessor is hereby authorized to file such termination of
memorandum of Lease upon the expiration or sooner termination of this
Lease.

     

    
      
        
        

      

      
        39

        
          

        

      

      
        
        

      

    

    

    42.   OFAC
CERTIFICATION.  Each of Lessor and Lessee hereby certify that:
(i) it is not acting, directly or indirectly, for or on behalf of any person,
group, entity, or nation named by any Executive Order or the United States
Treasury Department as a terrorist, Specially Designated National and Blocked
Person, or other banned or blocked person, entity, nation, or transaction
pursuant to any law, order, rule, or regulation that is enforced or administered
by the Office of Foreign Assets Control; and (ii) it is not engaged in this
transaction, directly or indirectly on behalf of, or instigating or facilitating
this transaction, directly or indirectly on behalf of, any such person, group,
entity, or nation.  Each of Lessor and Lessee hereby agree to defend,
indemnify, and hold harmless the other party from and against any and all
claims, damages, losses, risks, liabilities, and expenses (including attorneys’
fees and costs) arising from or related to any breach of the foregoing
certification.

    

    43.   OPTION TO
PURCHASE.  (a) Lessee shall have the
right to purchase the Premises (which shall be construed as all but not less
than all of the Sites demised pursuant to the terms of this Lease) from Lessor
upon the expiration of the Initial Term, as the same may be extended for the
first Renewal Term and the second Renewal Term.  In order to exercise
the purchase option, Lessee shall give Lessor irrevocable written notice of its
election to exercise the purchase option not less than eighteen (18) months
prior to the expiration of the Initial Term, or eighteen (18) months prior to
the expiration of the first Renewal Term or eighteen (18) months prior to the
expiration the expiration of the second Renewal Term. Time shall be of the
essence as to all notice periods in this Section 43.  The purchase
option set forth in this Section 43 shall be in effect during the Initial Term,
the first Renewal Term (if so exercised by Lessee) and the second Renewal Term
(if so exercised by Lessee).  Lessee hereby acknowledges and agrees
that if it elects to extend the Term of this Lease for the third Renewal Term
the purchase option set forth in this Section 43 shall not apply.

    

    (b)  The purchase price for the
Premises during the Initial Term of the Lease shall be an amount equal to the
greater of: (i) the fair market value for the Premises or (ii) the sum of the
Acquisition Costs (as hereinafter defined) for all of the Sites comprising the
Premises.  The purchase price for the Premises during the first
Renewal Term of the Lease shall be an amount equal to the greater of: (1) the
fair market value for the Premises or (2) one hundred ten percent (110%) of the
sum of the Acquisition Costs for all of the Sites comprising the
Premises.  The purchase price for the Premises during the second
Renewal Term of the Lease shall be an amount equal to the greater of: (x) the
fair market value for the Premises or (y) one hundred fifty percent (150%) of
the sum of the Acquisition Costs for all of the Sites comprising the
Premises.  The fair market value of the Premises shall be based upon
the highest and best use of the Premises, taking into consideration all relevant
factors and determined as if the Premises is unencumbered, and free and clear of
the existence of this Lease.  For the purpose of this Lease, the term
“Acquisition Cost” shall mean as to each Site the Lessor’s allocated transaction
cost attributable to such Site as set forth on Schedule “A” attached hereto and
by this reference made a part hereof.

    

    (c)  In order to determine the
fair market value of the Premises for purposes of subsection (b) above, the
following shall apply:

    

    (i)Not later than thirty (30) days after
Lessor’s receipt of Lessee’s notice of its intention to Purchase the Premises,
Lessor and Lessee shall each provide the other with the name of an independent
real estate appraiser (“Lessor’s Consultant”
and "Lessee's
Consultant", as the case may be), to act as Lessor’s representative and
Lessee's representative in order to determine the fair market value of the
Premises.  Not later than thirty (30) days after the designation of
the Lessor’s Consultant and the Lessee’s Consultant (each such consultant shall
comply with the requirements of subsection (iii) below), each such consultant
shall determine the fair market value of the Premises and shall circulate such
determination to the other party.  If the fair market value
determinations of the two consultants differ by more than ten percent (10%),
then Lessee's Consultant and Lessor's Consultant shall meet (in person or by
telephone) to mutually agree upon the determination of the fair market value of
the Premises.

     

    
      
        
        

      

      
        40

        
          

        

      

      
        
        

      

    

    

    (ii)If Lessor's Consultant and Lessee's
Consultant shall be unable to reach such determination within thirty (30) days,
both of the Consultants shall each designate their final fair market values, if
they have changed from the initial determination, and shall jointly select a
third independent real estate appraiser ("Third Consultant")
whose fee shall be borne by Lessee.  In the event that Lessor's
Consultant and Lessee's Consultant shall be unable to jointly agree on the
designation of the Third Consultant within five days after they are requested to
do so by either party, then the parties agree to allow the American Arbitration
Association or any successor organization to designate the Third Consultant in
accordance with the rules, regulations and/or procedures of the American
Arbitration Association or any successor organization then in
effect.

    

    (iii)The Third Consultant shall conduct such
hearings and investigations as they may deem appropriate and shall, within 30
days after the date of designation of the Third Consultant, prepare an
independent determination of the value of the Premises.  The final,
fair market valuation of the Premises shall be the average of the two valuations
of the Lessor’s Consultant, the Lessee’s Consultant and the Third Consultant
which are closest.  Once determined, the fair market value
determination shall be conclusive and binding upon Lessor and
Lessee.  Lessee shall pay all counsel fees and expenses, if any, in
connection with any arbitration under this subsection, including the expenses
and fees of any Consultant selected by it in accordance with the provisions
hereof.  The Lessor’s Consultant, the Lessee’s Consultant, the Third
Consultant and any other consultant appointed pursuant to this subsection shall
be an independent real estate appraiser with at least ten years' experience in
leasing and valuation of properties which are similar in character to the
Premises, a member of the American Institute of Appraisers of the National
Association of Real Estate Boards, a member of the Society of Real Estate
Appraisers, and shall not have any personal or business relationship with either
Lessor or Lessee which might be, or have the appearance of, a conflict of
interest (herein, a “Qualified
Appraiser”).  The Consultants shall not have the power to add
to, modify or change any of the provisions of this Lease.

    

    (d)  Once the purchase price for
the Premises has been determined, the parties shall in good faith determine a
closing date for the sale and purchase of the Premises which date shall not be
later than five (5) days after the expiration of the Initial Term or Renewal
Term during which the option to purchase was exercised.  At the
closing and upon payment of the purchase price, Lessor shall convey title to the
Premises to Lessee, “as-is” in its then condition, subject to all encumbrances,
easements and covenants of record; provided, however, that except for an
Approved Easement and/or any other matter consented to by Lessee in writing,
Lessor shall be obligated to convey the Premises to Lessee free and clear of any
mortgage or other security interest created by Lessor or any encumbrance created
by Lessor during the Term of this Lease and not consented to by the
Lessee.  At the closing, Lessor and Lessee shall equitably adjust the
real estate taxes payable with respect to the Premises.  The parties
shall reasonably cooperate with each other in order to effect a like-kind
exchange in accordance with applicable Internal Revenue Code
requirements.

    

    
      
        
        

      

      
        41

        
          

        

      

      
        
        

      

    

     

    44.   PROPERTY
SUBSTITUTION.

     

    (a)  From and after that date
which is the fourth (4th)
anniversary of the Commencement Date, in the event Lessee determines that one or
more of the Sites is not economically feasible, Lessee shall be permitted to
request that such Site(s) be severed from the Premises demised pursuant to the
terms of this Lease and another property or properties be substituted in its or
their place.  Lessee hereby acknowledges and agrees that it may only
request that one Site per year be substituted and that an aggregate of not more
than ten (10) Sites be substituted over the Term of this Lease, as the Term may
be extended by one or more of the Renewal Terms.  In order to request
any such substitution, Lessee shall submit an irrevocable written request to
Lessor, which request shall be accompanied with sufficient reasonable financial
information demonstrating that the Site in question is not economically
feasible, which information shall include, with respect to such Site, current
audited financial statements prepared by an independent certified public
accounting firm, monthly profit and loss amounts for the twenty-four (24) month
period prior to the date of the request and such other financial and business
information as shall be requested by Lessor.  In addition, Lessee
shall identify a proposed property to be substituted for the Site sought to be
severed from this Lease.  Lessee shall provide Lessor with financial
information regarding the proposed property, a current appraisal, together with
such additional information as Lessor shall reasonably request in order for it
to be provided with a full and complete understanding of the financial condition
of the operations, physical condition and environmental condition of such
proposed substitute property.

    

    (b)  Upon receipt of Lessee’s
request as set forth in subsection 44(a) above, Lessor may elect one of the
following options: (i) to sever the Site that is not economically feasible from
the Premises demised pursuant to this Lease and accept the proposed substituted
property in its place without any adjustment in the Fixed Annual Rent, or (ii)
to sever the Site that is not economically feasible from the Premises demised
pursuant to this Lease and not accept the
proposed substitute property in its place and to reduce the Fixed Annual Rent by
the Adjustment Amount as set forth on Schedule “A” attached hereto, or (iii)
request that Lessee purchase such Site from Lessor at the greater of (A) the
then fair market value of the Site based upon the highest and best use thereof,
taking into consideration all relevant factors and determined as if the Site is
unencumbered, and free and clear of the existence of this Lease, or (B) the
Acquisition Cost applicable to such Site.  If Lessor elects to sever
the Site as provided herein, then Lessor and Lessee shall promptly enter into an
amendment of this Lease in order to document such agreement, at the sole cost
and expense of Lessee.  For purposes of clause (iii) above, the fair
market value of such Site shall be determined in accordance with the provisions
of Section 43(c) of this Lease.  Lessor agrees to use commercially
reasonable efforts to obtain the release of any such Sites from any mortgage
encumbering such Sites as may be required by Lessor’s lender and consent from
Lessor’s lender for such substitution.

     

    
      
        
        

      

      
        42

        
          

        

      

      
        
        

      

    

     

    45.   CONFIDENTIALITY.  Subject to the
rights of either
party to request that a memorandum of this Lease be recorded as set forth in
this Lease, each of Lessor and Lessee shall maintain as confidential (i) any and
all information, data and documents obtained about the other party
(“Information”) prior to and following the execution of this Lease (including
without limitation, any financial or operating information of, or related to,
the Lessor), and (ii) the terms and conditions of this Lease (as originally
circulated or as negotiated) and all other documents related to the execution of
this Lease.  Neither party shall disclose any such Information to any
third party except as required by any applicable law, court order, subpoena or
legal or regulatory requirement.  Notwithstanding the foregoing,
Lessee hereby expressly acknowledges and agrees that Lessor shall be permitted
to disclose any and all information required by applicable law, including,
without limitation, the requirements of the securities exchange commission rules
and regulations.  Notwithstanding the foregoing, Lessee shall be
permitted to disclose information related to this Lease described in item (ii)
above: (x) in accordance with Lessee’s general public disclosure policy; provided Lessee has
obtained Lessor’s prior consent to the contents of any such disclosure, and (y)
to Lessee’s attorneys, accountants, advisors, consultants, affiliates, lenders
and investors (“Interested Persons”) in accordance with usual and customary
business practices; provided such
individuals or entities agree, at the time of such disclosure by Tenant, to be
bound by the terms and conditions of this Section 45. Neither Lessor nor Lessee
shall make copies of any Information except for use exclusively by Lessor or
Lessee, or such party’s attorneys, accountants, advisors, consultants,
affiliates, lenders and investors as needed in accordance with usual and
customary business practices.  All copies of such Information will be
returned to the party that provided such Information or destroyed after the use
of such Information is no longer needed, except to the extent such destruction
is prohibited by law, rule or regulation, or, with respect to Lessor, required
to be retained pursuant to Lessor’s document retention
policies.  Lessee hereby consents to the disclosure by Lessor of the
existence, and the terms and conditions, of this Lease, in accordance with
Lessor’s general disclosure policy; including, without limitation, disclosures
to Lessor’s attorneys, accountants, advisors, consultants, affiliates, lenders
and investors.  Lessee further consents to the disclosure by Lessor
for general marketing purposes of the existence of this Lease, the purchase
price of the Premises, Lessee’s use of the proceeds of the sale of the Premises
and the nature and location of the Property, and to the use by Lessor of
Lessee’s name, tradename or logo and the use of the name, tradename or logo of
any sponsor or any other entity having an ownership or management interest in
Lessee for the limited purpose of a press release or other announcement of this
transaction.  This provision shall survive beyond the termination of
this Lease.  Lessee shall not record this Lease or any memorandum
thereof in the land records of any county or jurisdiction or with any
governmental authority, without the prior written consent and approval of the
Lessor.

     

    
      46.   TAX
TREATMENT; REPORTING.  Lessor and Lessee
each acknowledge that each shall treat this transaction as a true lease for
state law purposes and shall report this transaction as a lease for federal
income tax purposes.  For federal income tax purposes each party shall
report this Lease as a true lease with Lessor as the owner of the Premises and
Lessee as the lessee of such Premises including:  (i) treating Lessor
as the owner of the improvements and equipment eligible to claim depreciation
deductions under Section 167 or 168 of the Internal Revenue Code of 1986 (the
“Code”) with respect to the improvements and equipment (excluding UST systems
and multi product dispensers, which belong to Tenant as hereinabove described in
this Lease, (ii) Lessee reporting its Rent payments as rent expense under
Sections 162 and Section 467 of the Code, as applicable, and (iii) Lessor
reporting the Rent payments as rental income.  Notwithstanding the
foregoing, nothing contained herein shall (a) require Lessor or Lessee to take
any action that would be inconsistent with the requirements of GAAP or violate
any state or federal law, or (b) be deemed to constitute a guaranty, warranty or
representation by either Lessor or Lessee as to the actual treatment of this
transaction for state or federal tax purposes or for purposes of accounting or
financial reporting, including but not limited to the determination as to
whether this Lease shall qualify for sale-leaseback accounting treatment or
whether this Lease shall be properly classified as an operating lease or finance
lease in accordance with GAAP.

    

     

    47.   CORRECTIONS.  Lessor and Lessee
shall execute, deliver, record and furnish such documents as may be necessary to
correct any errors of a typographical nature or inconsistencies which may be
contained in this Lease, or in any memorandum thereof, whether such memorandum
be recorded or unrecorded.

     

    
      
        
        

      

      
        43

        
          

        

      

      
        
        

      

    

     

    

    Please note that the
signature page that is being signed by Lessee will be inserted in execution
document.

    

    

    

    

    

    

    

    

    

    

    

    

    

    
      
        
        

      

      
        44

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
A

    (the
Premises)

    

    See
Attached

     

     

    
      
        
          
            
              
                	
                        Ref#

                      	
                        SS#

                      	
                        Property
      address

                      	
                        City

                      	
                        County

                      	
                        State

                      	
                        Total
      Purchase

                        Price
      Allocation

                      	
                        Adjustment

                        Amount

                      
	
                        1

                      	
                        20340

                      	
                        8850
      Gorman Rd

                      	
                        LAUREL

                      	
                        Howard

                      	
                        MD

                      	
                        $2,730,827

                      	
                        $314,044.90

                      
	
                        2

                      	
                        20395

                      	
                        6579
      Annapolis Rd

                      	
                        LANDOVER
      HILLS

                      	
                        PG

                      	
                        MD

                      	
                        1,510,751

                      	
                        173,736.32

                      
	
                        3

                      	
                        22530

                      	
                        11055
      Baltimore Ave

                      	
                        BELTSVILLE

                      	
                        PG

                      	
                        MD

                      	
                        1,193,985

                      	
                        137,308.29

                      
	
                        4

                      	
                        23076

                      	
                        6727
      Riggs Rd

                      	
                        HYATTSVILLE

                      	
                        PG

                      	
                        MD

                      	
                        798,430

                      	
                        91,619.49

                      
	
                        5

                      	
                        23607

                      	
                        801
      Washington Blvd

                      	
                        LAUREL

                      	
                        PG

                      	
                        MD

                      	
                        3,040,960

                      	
                        349,710.39

                      

              

              
                
                  	6	24617	10815
      Indian Head Hwy	HURT
      WASHINGTON	PG	MD	
                          1,047,645

                        	
                          120,502.23

                        
	
                          7

                        	
                          24640

                        	
                          7631
      Marlboro Pike

                        	
                          FORESTVILLE

                        	
                          PG

                        	
                          MD

                        	
                          1,495,421

                        	
                          171,973.42

                        
	
                          8

                        	
                          24742

                        	
                          3384
      Fort Meade Rd

                        	
                          LAUREL

                        	
                          Anne
      Arundel

                        	
                          MD

                        	
                          1,779,501

                        	
                          204,642.57

                        
	
                          9

                        	
                          24980

                        	
                          3200
      Queens Chapel Rd

                        	
                          HYATTSVILLE

                        	
                          PG

                        	
                          MD

                        	
                          1,766,399

                        	
                          203,135.86

                        
	
                          10

                        	
                          25068

                        	
                          7110
      Baltimore Ave

                        	
                          COLLEGE
      PARK

                        	
                          PG

                        	
                          MD

                        	
                          1,005,446

                        	
                          115,626.29

                        
	
                          11

                        	
                          25343

                        	
                          3399
      Branch Ave

                        	
                          TFMPLE
      HILLS

                        	
                          PG

                        	
                          MD

                        	
                          573,744

                        	
                          55,980.59

                        
	
                          12

                        	
                          25380

                        	
                          6400
      Central Ave

                        	
                          SEAT
      PLEASANT

                        	
                          PG

                        	
                          MD

                        	
                          814,287

                        	
                          93,643.03

                        
	
                          13

                        	
                          25365

                        	
                          8401
      Baltimore Ave

                        	
                          COLLEGE
      PARK

                        	
                          PG

                        	
                          MD

                        	
                          631,974

                        	
                          72,677.02

                        

                

                
                  
                    	
                            14

                          	
                            25395

                          	
                            9500
      Lanham Severn Rd

                          	
                            LANHAM

                          	
                            PG

                          	
                            MD

                          	
                            1,156,308

                          	
                            132,975.39

                          
	
                            15

                          	
                            25416

                          	
                            11417
      Cherry Hill Rd

                          	
                            BELTSVILLE

                          	
                            PG

                          	
                            MD

                          	
                            710,078

                          	
                            81,558.97

                          
	
                            16

                          	
                            25417

                          	
                            5806
      Landover Rd

                          	
                            LANDOVER
      HILLS

                          	
                            PG

                          	
                            MD

                          	
                            1,215,237

                          	
                            139,152.22

                          
	
                            17

                          	
                            25493

                          	
                            5650
      Annapolis Rd

                          	
                            BLADENSBURG

                          	
                            PG

                          	
                            MD

                          	
                            1,025,183

                          	
                            117,896.45

                          

                  

                

              

            

            
              	
                      18

                    	
                      26547

                    	
                      10405
      Baltimore Ave

                    	
                      BELTSVILLE

                    	
                      PG

                    	
                      MD

                    	
                      652,369

                    	
                      75,022.45

                    
	
                      19

                    	
                      25623

                    	
                      7106
      Martin Luther King Jr Hwy

                    	
                      LANDOVER

                    	
                      PG

                    	
                      MD

                    	
                      1,249,396

                    	
                      143,680.48

                    
	
                      28

                    	
                      26045

                    	
                      10350
      Campus Way South

                    	
                      UPPER
      MARLBORO

                    	
                      PG

                    	
                      MD

                    	
                      1,158,123

                    	
                      133,184
      12

                    
	
                      21

                    	
                      26105

                    	
                      8901
      Central Ave

                    	
                      CAPITOL
      HEIGHTS

                    	
                      PG

                    	
                      MD

                    	
                      1,227,134

                    	
                      141,120.39

                    
	
                      22

                    	
                      25150

                    	
                      7545 Landover
      Rd

                    	
                      LANDOVER

                    	
                      PG

                    	
                      MD

                    	
                      1,329,124

                    
	
                      152,849.22

                    
	
                      23

                    	
                      25189

                    	
                      16450 Harbour Way

                    	
                      BOWIE

                    	
                      PG

                    	
                      MD

                    	
                      2,635,275

                    	
                      303,516.60

                    
	
                      24

                    	
                      26549

                    	7801
      Sandy Spring Rd	LAUREL	PG	MD	
                      1,516,109

                    	
                      174,352
      57

                    

            

          

        

      

      
        
          
            
              	
                      25

                    	
                      26061

                    	
                      5622
      St Barnabas Rd

                    	
                      OXON
      HILL

                    	
                      PG

                    	
                      MD

                    	
                      1,502,042

                    	
                      172,734.60

                    
	26	27183	Powder
      Mill Rd	BELTSVILLE	PG	MD	
                      1,826,309

                    	
                      210,025.59

                    

            

          

          
            
              	
                      27

                    	
                      27196

                    	
                      5921
      Marlboro Pike

                    	
                      DISTRICT
      HEIGHTS

                    	
                      PG

                    	
                      MD

                    	
                      826,655

                    	
                      95,065.35

                    
	28	27346	6631
      Riverdale Rd	RIVERDALE	
                      PG

                    	
                      MD

                    	
                      1,830,495

                    	
                      211,195.94

                    
	29	
                      27505

                    	5520
      Marlboro Pike	DISTRICT
      HEIGHTS	
                      PG

                    	
                      MD

                    	
                      501,864

                    	
                      57,714.36

                    
	
                      30

                    	
                      27575

                    	6117
      Baltimore Blvd	RIVERDALE	PG	 MU	
                      1,218,263

                    	
                      140,100.30

                    
	31	27578	3000
      Colehrceke Dr	SUITLAND	
                      PG

                    	 MD	
                      670,284

                    	
                      77,082.57

                    
	32	28044	6441
      Covent Way	CLINTON	
                      PG

                    	 MD	
                      1.501,915

                    	
                      172,720.19

                    
	
                      33

                    	28242	7619
      Greenbelt Rd	GREENBELT	PG	 MD	
                      1,745,958

                    	
                      203,785.21

                    
	34	
                      28261

                    	15151
      Sweilzer Ln	LAUREL	PG	MD	
                      1,979,739

                    	
                      227,569.96

                    
	35	
                      28258

                    	4747
      Silver Hill Rd	SUITLAND	PG	MD	
                      823,550

                    	95,859.41
	36	28299	14701
      Baltimore Ave	LAUREL	PG	MD	
                      2,289,009

                    	
                      263,236.08

                    
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	
                      $49,000,000

                    	
                      $5,635,000.00

                    

            

             

          

        

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
B

     

    Fixed Annual
Rent

    

    The term “Fixed Annual Rent” shall
mean, for the period from the Commencement Date through and including the day
immediately preceding the first (1st)
anniversary of the Commencement Date, the sum of Five Million Six Hundred Thirty
Five Thousand and 00/100 Dollars ($5,635,000), payable in equal monthly
installments of Four Hundred Sixty Nine Thousand Five Hundred Eighty Three
Dollars and Thirty-Three Cents ($469,583.33); and thereafter, the Fixed Annual
Rent shall be increased as provided herein.

     

    Fixed Annual Rent, including Fixed
Annual Rent payable during any renewal period, is subject to increases every
year commencing on the first (1st)
anniversary of the Commencement Date, as set forth in Section 3 of this Lease
and shall be subject to adjustment in the event that Lessee loses possession of
a Site by reason of a condemnation or otherwise, as in this Lease expressly
provided. 

    

    The schedule as to Fixed Annual Rent
shall be revised to reflect the Fixed Annual Rent for the Sites then demised
pursuant to this Lease.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
C

     

    (Equipment)

    

    All of the
equipment listed on the attached schedule, together with all coolers, cash
registers, safes, video surveillance systems, food preparation equipment,
gondolas, soda fountains, coffee equipment, refrigerators and freezers located
on the Premises on the Commencement Date, to the extent same was not owned by
Dealers on the day immediately prior to the Commencement Date, and even though
the same may not be listed with specificity on the attached
schedules.

    

    Lessor and
Lessee shall conduct inspections of each Site comprising the Premises within
sixty (60) days after the Commencement Date and shall prepare an accurate and
complete list of the Equipment located at each of the Sites, and shall thereupon
promptly prepare the schedule to be attached hereto.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Equipment
Schedule

     

    
      
        	
                Property
      #

              	 
      
	
                Getty
      Property #

              	 
      
	
                Street
      Address

              	 
      
	
                City
      

              	 
      
	
                State

              	 
      

      

    

    
      	Description	Quantity	Notes
	
              Motor
      Fuel Consoles

            	 
      	 
      
	
              Cash
      Registers & Printer

            	 
      	 
      
	
              Scanners

            	 
      	 
      
	
              Electronic
      Point of Sale Equip.

            	 
      	 
      
	
              Stand-Up
      Coolers

            	 
      	 
      
	
              Freezers

            	 
      	 
      
	
              Safes

            	 
      	 
      
	
              Video
      Surveillance Systems

            	 
      	 
      
	
              UST
      Monitoring Systems

            	 
      	 
      
	
              Food
      Preparation Equipment

            	 
      	 
      
	
              Shelving

            	 
      	 
      
	
              Soda
      Fountains

            	 
      	 
      
	
              Coffee
      Equipment

            	 
      	 
      
	
              Hot
      Chocolate Mach.

            	 
      	 
      
	
              Pizza
      Oven

            	 
      	 
      
	
              Pizza
      Warmer/Display

            	 
      	 
      
	
              ATM

            	 
      	 
      
	
              Personal
      Computer & Printer

            	 
      	 
      
	
              Refrigerators

            	 
      	 
      
	
              Air
      Tower

            	 
      	 
      
	
              Hot
      Dog Steamer

            	 
      	 
      
	
              Microwave

            	 
      	 
      
	
              Deli
      Case

            	 
      	 
      
	
              Sandwich
      Merchandiser

            	 
      	 
      
	
              Car
      Wash Equipment

            	 
      	 
      
	
              Ice
      Machine

            	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      

    

    

    [Please
provide inventory for each Site]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    SCHEDULE
D

     

    (the
Underground Storage Tanks)

    

    

    
      	
              Site
      No.

            	
              Getty
      Site No.

            	
              Street
      Address

            	
              City

            	
              State

            	
              UST
      Registration Number

            	
              Quantity/Capacity/Construction

            
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      

    

    

    

    Lessee
shall provide Lessor with the information set forth above with respect to each
underground storage tank located on all of the Sites comprising the Premises
within sixty (60) days after the Commencement Date and shall promptly prepare
the schedule as set forth above to be attached hereto.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    

    Schedule
“E”

    

    Existing
Dealer Leases

     

    See
attached

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Schedule
“F”

    

    Lessee’s
Upgrade Work

    

    See
Attached

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Exhibit
“A”

    

    Title
Insurance Policies

    

    See
Attached

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Exhibit
“B”

    

    Form of
Guaranty

    

    CONTINUING
GUARANTY

    

    Dated
September __, 2009

    

    In consideration of, and as a material
inducement for, the execution and delivery by GTY MD LEASING, INC., a Delaware
corporation ("Lessor")
of the Unitary Net Lease Agreement, dated of even date herewith (the "Lease"), between Lessor, as
lessor, and WHITE OAK PETROLEUM, LLC, a limited liability company formed under
the laws of the State of Delaware ("Lessee"), as lessee, for up
to 36 gas station and convenience store properties located in the State of
Maryland more particularly described in the Lease (collectively, the "Premises"), and for Ten
Dollars ($10.00) and other good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, EYOB Y. MAMO also known as JOE MAMO,
an individual with an address at c/o Capitol Management Group, 6820-B Commercial
Drive, Springfield, Virginia  22151 (hereinafter referred to as "Guarantor"), does hereby, on
behalf of itself and its successors and assigns, unconditionally and absolutely
guarantee to Lessor and its successors and assigns the full and timely payment,
performance and observance of, and compliance with, all of the terms, covenants,
conditions and other obligations contained in the Lease on Lessee's part to
perform, observe or comply with (such terms, covenants, conditions and other
obligations being hereinafter referred to as the “Guaranteed Obligations”),
without requiring any notice of non-payment, non-performance, non-observance, or
non-compliance, or proof, notice, or demand whereby to charge Guarantor
therefor, all of which Guarantor hereby expressly waives, and Guarantor hereby
further expressly covenants and agrees that neither the obligation nor the
liability of Guarantor hereunder shall in any wise be terminated or otherwise
affected, modified or impaired by reason of Lessor's assertion against Lessee
of, or Lessor's failure to assert against Lessee, any of the rights or remedies
available to Lessor pursuant to the Lease or allowed at law or in
equity.  

    

     

    1.   The Guaranteed Obligations and
Guarantor's obligations and liabilities under this Guaranty shall include, but
not be limited to, the payment of all fixed rent and additional rent (as such
terms are defined in the Lease), and all other obligations and liabilities of
Lessee under the Lease, including (without limitation) Lessee’s obligations in
respect of environmental conditions at the Premises and all liabilities arising
therefrom (including, without limitation, all attorneys' fees and disbursements
and all litigation costs and expenses incurred or payable by Lessor or for which
Lessor may be responsible or liable, or caused by any such
default).  In addition, Guarantor hereby covenants and agrees to pay
within five (5) days after Lessor's written demand therefor, all attorneys fees
and disbursements and all litigation costs and expenses incurred or paid by
Lessor in connection with the enforcement of this
Guaranty.  

     

    2.  This Guaranty is an absolute and
unconditional guaranty of payment and performance (and not of
collection).  Guarantor acknowledges that this Guaranty and
Guarantor's obligations and liabilities under this Guaranty are and shall at all
times continue to be absolute and unconditional in all respects, and shall at
all times be valid and enforceable irrespective of any other agreements or
circumstances of any nature whatsoever which might otherwise constitute a
defense to this Guaranty and the obligations and liabilities of Guarantor under
this Guaranty or the obligations or liabilities of any other person or entity
(including, without limitation, Lessee) relating to this Guaranty or the
obligations or liabilities of Guarantor hereunder or otherwise with respect to
the Lease or to Lessee.  Guarantor hereby absolutely, unconditionally
and irrevocably waives any and all rights it may have to assert any defense,
set-off, counterclaim or cross-claim of any nature whatsoever with respect to
this Guaranty or the obligations or liabilities of Guarantor under this Guaranty
or the obligations or liabilities of any other person or entity (including,
without limitation, Lessee) relating to this Guaranty or the obligations or
liabilities of Guarantor under this Guaranty or otherwise with respect to the
Lease, in any action or proceeding brought by the holder hereof to enforce the
obligations or liabilities of Guarantor under this Guaranty.  This
Guaranty sets forth the entire agreement and understanding of Lessor and
Guarantor, and Guarantor acknowledges that no oral or other agreements,
understandings, representations or warranties exist with respect to this
Guaranty or with respect to the obligations or liabilities of Guarantor under
this Guaranty.  If at any time on or after the fifth (5th)
anniversary of the Commencement Date (as that term is defined in the Lease) of
the Lease, (i) no event of default under the Lease exists and no event exists
which, with the passage of time or the giving of notice or both, would
constitute an event of default under the Lease, and (ii) Lessee shall have met
the Net Worth Standard (as hereinafter defined), then as at such date (the
“Guaranty Termination Date”), this Guaranty shall be terminated as to subsequent
periods, but this Guaranty shall remain in effect for all periods prior to the
Guaranty Termination Date; provided, further, that under no circumstances shall
the expiration of the Guaranty have any effect with respect to any claim and/or
any amount accrued, due or otherwise known to Lessor (which was disclosed to
Lessee) or Lessee prior to the Guaranty Termination Date which shall survive;
provided, however, for the avoidance of doubt, this Guaranty shall not apply to
any matter which neither Lessor nor Lessee has knowledge of as of the Guaranty
Termination Date.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    For the purposes of this Guaranty, the
term “Net Worth Standard” shall mean a single financial standard applicable to
Lessee that is comprised of the following two (2) separate financial
requirements: (a) First, that Lessee’s tangible net worth is Two Million Two
Hundred Fifty Thousand Dollars ($2,150,000.00) or more (with tangible “net
worth” for such purposes meaning the net worth of Lessee determined in
accordance with generally accepted accounting principles consistently applied,
but after deduction for any amounts attributable to (i) goodwill and other
intangible assets, and (ii) receivables from members, officers, directors and
affiliates of the Lessee); and (b) Second,
that  Lessee’s fixed cost coverage ratio is not less than 1.75 (with
“fixed cost coverage ratio” for such purposes meaning a ratio of (a) the
Lessee’s earnings before interest, taxes, depreciation and amortization charges,
rent expense, lease expense and extraordinary or unusual items (all such amounts
determined in accordance with generally accepted accounting principles
consistently applied), for the twenty-four (24) month period ending on the date
at which the Lessee’s tangible net worth was determined in accordance with
clause (a) above, to (b) the sum of the
Lessee’s (i) interest expense (ii) scheduled principal payments (iii) dividend
payments and (iv) rent payments for real estate, equipment and vehicle leases
for the same twenty-four (24) month period.  Notwithstanding the
foregoing, the reference to “Three Million Dollars ($3,000,000.00)” set forth
above shall be increased by two and one-half percent (2.5%) on each anniversary
of the date hereof.

    

    3.Guarantor hereby covenants and agrees to and
with Lessor and its successors and assigns, that Guarantor may be joined in any
action by or against Lessee in connection with the Lease, and that recovery may
be had against Guarantor in such action or in any independent action against
Guarantor without Lessor or its successors or assigns first pursuing or
exhausting any remedy or claim against Lessee or its heirs, executors,
administrators, successors or assigns or any other remedy or claim under any
other security for, or guaranty of, the obligations or liabilities of Lessee
under the Lease.  

    

    4.Subject to the last sentence of Section 2, this
Guaranty shall be a continuing guaranty, and shall survive the expiration of the
term of the Lease or the sooner termination of the Lease.  Guarantor
further covenants and agrees that this Guaranty shall not be affected or
impaired by, and shall remain and continue in full force and effect as to, any
renewal, amendment, modification or extension of the Lease and as to any
assignment of Lease or any interest therein or the subletting of all or portions
of the Premises, and shall cover, apply to and incorporate all of the terms,
covenants, conditions and other obligations of all such renewals, amendments,
modifications, extension, assignments and sublettings (without need of any
notice or consent of Guarantor thereto) regardless of who occupies the Premises
or whether or not any portion of the Premises is occupied.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    

    5.Additionally, Guarantor further
covenants and agrees that this Guaranty shall not be affected or impaired by,
and shall continue in full force and effect notwithstanding (i) the
enforceability or unenforceability of any provision of the Lease or any such
renewal, amendment, modification, extension thereof, or any assignment of the
Lease or any interest therein, or sublease of all or any portion of the
Premises, (ii) any extension of time that may be granted to Lessee or its
successors or assigns, (iii) the voluntary or involuntary liquidation,
dissolution, sale or other disposition of all or substantially all the assets,
marshaling of assets and liabilities, receivership, insolvency, bankruptcy,
assignment for the benefit of creditors, reorganization, arrangement or
readjustment of, or other similar proceeding affecting the Lessee or the
Guarantor or any of its or their assets or the disaffirmance, rejection or
postponement in any such proceeding of any of Lessee's obligations or
undertakings set forth in the Lease, or Guarantor’s obligations under this
Guaranty, (iv) the merger or consolidation of the Lessee with any corporation,
or the sale, divesture or other disposition of any or all of the interest of
Guarantor in the Lessee or any entity controlling, controlled by or under common
control with Lessee, or of any interest of Lessee or such controlling entity in
Guarantor (unless such transfer is approved by Lessor in accordance with the
terms and conditions of the Lease), (v) any modification, reduction or other
limitation of the Guaranteed Obligations that may occur pursuant to any
bankruptcy, insolvency, or similar proceeding affecting Lessee, or (vi) any
event or circumstance which might otherwise constitute a legal or equitable
discharge or defense of a guarantor, indemnitor or surety under the laws of the
State of New York or the U.S. federal government.  Without limiting
the provisions of clause (v) above, this Guaranty shall be determined, measured
and calculated without taking into account any of the modifications, reductions
or other limitations of the Guaranteed Obligations described in clause (v)
above.  Guarantor’s obligations and liability under this Guaranty for
the Guaranteed Obligations shall be determined as if no such modification,
reduction or limitation had occurred, and accordingly, Guarantor’s obligations
and liabilities under this Guaranty may exceed Lessee’s obligations and
liabilities under the Lease.  For purposes hereof, "control" shall mean the
possession of the power to direct or cause the direction of the management and
policies of such corporation or other entity whether through the ownership of
voting securities, by contract or otherwise.

    

    6.Guarantor warrants and represents that it is
the sole owner of a majority of the membership interests, capital stock and/or
equity interests of Lessee.  The obligations of the Guarantor under
this Guaranty may not be assigned by Guarantor, unless such assignment has been
approved by Lessor in accordance with the terms and conditions of the
Lease.

    

    7.All of Lessor's rights and remedies under the
Lease and/or under this Guaranty are intended to be distinct, separate and
cumulative and no such right or remedy therein or herein mentioned, whether
exercised by Lessor or not, is intended to be in exclusion or a waiver of any of
the others.  This Guaranty cannot be modified, waived or terminated
unless such modification, waiver or termination is in writing, signed by
Lessor.

    

    8.Neither the obligations nor the liabilities of
Guarantor hereunder shall be released, reduced, diminished, offset or otherwise
affected by the existence of, or Lessor's receipt, application, use, retention
or release of, any security given for the performance, observance and compliance
with any of the terms, covenants, conditions or other obligations required to be
performed, observed or complied with by Lessee under the Lease, and for the
purposes of Guarantor's obligations and liabilities under this Guaranty, Lessor
shall be deemed not to be holding any security under the Lease and not to have
applied, used or retained any security deposit.  No failure or delay
on the part of Lessor in exercising any right, power or privilege under this
Guaranty shall operate as a waiver of or otherwise affect any such right, power
or privilege, nor shall any single or partial exercise thereof preclude any
other or further exercise thereof or the exercise of any other right, power or
privilege.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    

    9.No payment by Guarantor pursuant to any
provision hereof shall entitle Guarantor, by subrogation or otherwise, to the
rights of Lessor to any payment by Lessee or out of the property of Lessee, and
Guarantor hereby waives such subrogation, except after payment in full of all
sums owing by Lessee to Lessor under the Lease.

    

    10.(a)This Guaranty is being delivered in the State
of Maryland, and the respective rights and obligations of Lessor and as a
further material inducement to Lessor to make and enter into the Lease, the
Guarantor hereunder shall be governed by and construed and enforced in
accordance with the internal substantive laws of the State of Ohio, applicable
to contracts made and to be performed entirely within said State, without
reference to choice or conflict of laws, principles or provisions which might be
otherwise applicable, except as otherwise required in respect of the validity
and legality of the execution and delivery of this Guaranty by the laws of the
jurisdiction of incorporation of Guarantor.  Guarantor consents to
service of process by Lessor in any action, suit or other proceeding in any
court of record of the State of Maryland or a United States District Court
located in the State of Maryland to enforce any or all liabilities of the
Guarantor hereunder, by service of any summons, complaint, writ, judgment or
other legal process or notice upon the Guarantor upon Pillsbury Winthrop Shaw
Pittman LLP, 2300 N Street, NW, Washington, D.C.  20037 who is hereby
irrevocably designated, appointed and empowered by the Guarantor as their agent
to receive and accept on its behalf service of summons, complaint or such other
process in any action or legal proceeding.  Guarantor (i) agrees that
such service shall be deemed in every respect effective service of process upon
Guarantor in any such suit, action or proceeding, (ii) agrees that such service
shall, to the fullest extent permitted by law, be taken and held to be valid
personal service upon and personal delivery to Guarantor, and (iii) waives the
benefits of any other service of process regulations, laws or conventions to the
fullest extent that it is legally able  to do
so.  

    

    (b)Guarantor hereby irrevocably submits and
consents to the jurisdiction of any court of record of the State of Maryland or
a United States District Court located in the State of Maryland over the person
of the Guarantor and the Guarantor hereby waives any claim that any such court
is an inconvenient forum and any objection to the laying of venue in any such
court.  The Guarantor hereby represents and warrants that the
Guarantor is not entitled to claim sovereign or diplomatic immunity as to its
person or assets and hereby waives and expressly disclaims any such
immunities.  In any action, suit or proceeding arising out of or in
connection with this Guaranty, the prevailing party shall be entitled to all
reasonable attorneys' fees and other out-of-pocket costs incurred in such
action, suit or proceeding including, without limitation, reasonable attorneys'
fees and disbursements together with all attorneys’ fees and other out-of-pocket
costs.  Guarantor hereby waives trial by
jury.  

    

    (c)The foregoing notwithstanding, Guarantor agrees
that nothing in this Guaranty shall affect or limit service of process in any
manner permitted by law, or limit any right to bring proceedings against
Guarantor in the courts of any jurisdiction or to enforce in any lawful manner a
judgment obtained in one jurisdiction in any other jurisdiction.

    

    13.Guarantor represents and warrants to Lessor as
follows:

    

    (a)Guarantor is not in material default under the
terms, covenants or conditions of any agreement to which it is a party or by
which it is bound, such as would materially and adversely affect Guarantor’s
ability to carry out the terms, covenants and conditions of this
Guaranty.

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    

    (b)Guarantor has the full power, authority and
legal right to execute and deliver, and to perform and observe the provisions
of, this Guaranty, including the payment of all moneys hereunder, and any and
all financial information (oral or written) which Guarantor has supplied, or
caused to be supplied, to Lessor is complete, true and accurate as of the date
supplied.  This Guaranty constitutes the legal, valid and binding
obligation of Guarantor and is enforceable in accordance with its terms.

    

    (c)Guarantor is not in violation of any decree,
ruling, judgment, order or injunction applicable to it, or any law, ordinance,
rule or regulation of whatever nature which taken alone or in the aggregate,
would materially and adversely affect Guarantor’s ability to carry out any of
the terms, covenants and conditions of this Guaranty.  There are no
actions, proceedings or investigations pending or to the actual knowledge of
Guarantor, threatened in writing against or affecting Guarantor (or any basis
therefor known to Guarantor) before or by any court, arbitrator, administrative
agency or other governmental authority or entity, which, taken alone or in the
aggregate, if adversely decided, would materially and adversely affect its
ability to carry out any of the terms, covenants and conditions of this
Guaranty.

    

    (d)No authorization, approval, consent or
permission (governmental or otherwise) of any court, agency, commission or other
authority or entity is required for the due execution, delivery, performance or
observance by Guarantor of this Guaranty or for the payment of any sums
hereunder.  Guarantor agrees that if any such authorization, approval,
consent, filing or permission shall be required in the future in order to permit
or effect performance of the obligations of Guarantor under this Guaranty, such
entity promptly shall inform Lessor or any of its successors or assigns and
shall obtain such authorization, approval, consent, filing or
permission.

    

    (e)Neither the execution or delivery of this
Guaranty, nor the consummation of the transactions herein contemplated, nor the
observance, performance or compliance with the terms, covenants or conditions
hereof, conflict or will conflict with, or result in a breach of, any agreement
or instrument to which Guarantor is a party or by which it is bound, or
constitutes or will constitute a default thereunder.

    

    (f)The financial statements furnished to Lessor
for Guarantor fairly present the respective financial condition of Guarantor as
of such dates in accordance with generally accepted accounting principles,
consistently applied or in accordance with international financial reporting
standards, and since the date of each of such financial statements, there has
been no material adverse change in such condition.  For purposes of
this paragraph, the term “material adverse change” shall mean a reduction, by
more than 10%, in Guarantor’s (i) net worth as reflected (or would be reflected)
on the balance sheet of such entity for such prior quarter or prior calendar
year, as the case may be, or (ii) revenues as reflected (or would be reflected)
on the statement of revenue and expenses of such entity for such prior quarter
or prior calendar year, as the case may be.

    

    14.Guarantor agrees that it will, at any
time and from time to time, within ten (10) days after Lessor's request therefor
(but not more often than once each calendar quarter) and, additionally, within
60 days after the end of each calendar year, during the term of the Lease,
execute, acknowledge and deliver to Lessor a statement (the “Guarantor Certificate”)
certifying (a) that this Guaranty is unmodified and in full force and effect (or
if there have been modifications, that this Guaranty is in full force and effect
as modified and stating such modifications), (b) to Guarantor’s knowledge
whether or not there are any existing claims, counterclaims, set-offs or
defenses against the enforcement of any of the agreements, terms, covenants or
conditions of this Guaranty, an (c) that each of the representations of
Guarantor, as set forth above, are true and correct as of the date of such
certificate, as if made on and as of such date.  Guarantor agrees that
the Guarantor Certificate may be relied on by anyone holding or proposing to
acquire any interest in the Premises (as defined in the Lease) or providing
credit to Lessor or by any mortgagee or prospective mortgagee, or lessee or
prospective lessee, of the Premises or of any interest therein.

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    

    15.For purposes hereof, Guarantor shall be
deemed to have breached is obligations under this Guaranty and be in default
hereunder in the event that any of the following events (each, a “Default”) shall
occur:

    

    (a)Guarantor’s failure to make any payment to
Lessor of the Guaranteed Obligations and/or any other amount to be paid by
Guarantor under this Guaranty.

    

    (b)failure to deliver the Guarantor Certificate
timely in accordance with the provisions of this Guaranty;

    

    (c)any of the representations of Guarantor shall
be or become after the date hereof untrue in any material respect (as if made on
such later date); 

    

    (d)Guarantor, or any entity with which Guarantor
consolidates for financial reporting purposes, makes an assignment for the
benefit of creditors or petitions or applies to any court for the appointment of
a trustee or receiver for itself or for any part of its assets, or commences any
proceedings under any bankruptcy, insolvency, readjustment of debt or
reorganization statute or law of any jurisdiction, whether now or hereafter in
effect; or if any such petition or application is filed or any such proceedings
are commenced, and such entity by any act approves thereof, consents thereto or
acquiesces therein; or an order is entered appointing any such trustee or
receiver, or adjudicating such entity bankrupt or insolvent, or approving the
petition in any such proceeding, or if any petition or application for any such
proceeding or for the appointment of a trustee or receiver is filed by any third
party against Guarantor or any entity with which Guarantor consolidates for
financial reporting purposes or their respective assets or any portion thereof,
and any of the aforesaid proceedings is not dismissed within sixty (60) days of
its filing; or

    

    (e)Guarantor shall fail to perform any of its
obligations hereunder (not specifically listed in items (a) or (b) of this
paragraph 15 above) timely in accordance with the provisions of this
Guaranty.

    

    (f)A Default by Guarantor under this Guaranty
shall be deemed to constitute a default by Lessee under the Lease.

    

    16.It is a condition of the granting,
execution and delivery of the Lease that Guarantor executes and delivers this
Guaranty, and Guarantor acknowledges that it is receiving consideration from
Lessee and is executing and delivering this Guaranty in consideration
thereof.

    

    17.If Lessor is obligated by any
bankruptcy or other law to repay to Lessee or Guarantor or to any trustee,
receiver or other representative of any of them, any amounts previously paid,
then this Guaranty shall be reinstated in the amount of such
repayment.  Lessor shall not be required to litigate or otherwise
dispute its obligations to make such repayments if it is in good faith and on
the advice of counsel believes that such obligation exists.

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

    

    18.If any provision of this Guaranty or the
application thereof to any person or circumstance shall to any extent be held
void, unenforceable or invalid, then the remainder of this Guaranty or the
application of such provision to persons or circumstances other than those as to
which it is held void, unenforceable or invalid shall not be affected thereby,
and each provision of this Guaranty shall be valid and enforced to the fullest
extent permitted by law.  

    

    

    IN WITNESS WHEREOF, Guarantor
has executed this Guaranty as of the date first above written.

    

                           __________________________________

                           Eyob Y. Mamo a/k/a
Joe Mamo, personally

    

    STATE OF
___________)

    )ss.

    COUNTY OF
___________ )

    

    

    On the
______ day of September, 2009 before me, the undersigned, a Notary Public in and
for said State, personally appeared Eyob Y. Mamo also known as Joe Mamo,
personally known to me or proved to me on the basis of satisfactory evidence to
be the individual whose name is subscribed to the within instrument and
acknowledged to me that he executed the same in his capacity, and that by his
signature on the instrument, the individual, or the person upon behalf of which
the individual acted, executed the instrument.

    

    

                          ____________________________________________

                          Signature and Office
of individual taking acknowledgment

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Exhibit
“C”

     

    Form
of Non-Disturbance Agreement

     

    
      
        
          	
                  [DOT
      Master]

                	
                  LOAN
      #__________

                

        

      

    

     

    SUBORDINATION, NON-DISTURBANCE
 AND
ATTORNMENT AGREEMENT 

     

    This SUBORDINATION, NON-DISTURBANCE AND
ATTORNMENT AGREEMENT (this “Agreement”), dated as of
_______________________, 200_, between TD BANK, N.A., a national
banking association, having an office at
____________________________________________________ ____________________ (the
“Lender”), and
_________________________________ _________________, a
________________________________ [corporation/limited liability
company/limited partnership], with offices at _______________ (the “Tenant”).

     

    R E C I T A L S :

     

    WHEREAS, Tenant has entered
into a __________________________, dated as of ___________________, 200__ (the
“Lease”), with Landlord
covering certain premises more fully described in the Lease (the “Premises”), which Premises are
a part of that the real property known as
_____________________________________________________________________ (the
“Property”), which
Property is more fully described on Schedule A attached hereto; and

     

    WHEREAS, Lender is making a
deed of trust loan (the “Deed
of Trust Loan”) to Landlord, as borrower, in the original principal
amount of $___________________, which Deed of Trust Loan is evidenced by a Deed
of Trust Note dated ___________________, 200__ (the “Deed of Trust Note”), and is
secured by a Deed of Trust and Security Agreement (the “Deed of Trust”) and an
Assignment of Leases and Rents (the “Assignment”), each dated as of
______________________, 200__; and

     

    WHEREAS, Lender requires as a
condition of the making of the Deed of Trust Loan that the Deed of Trust shall
unconditionally be and remain at all times a lien or charge upon the Property,
prior and superior to the Lease and the leasehold estate created thereby;
and

     

    WHEREAS, Tenant has agreed to
the subordination of the Lease to the Deed of Trust on the condition that it is
assured of continued occupancy of the Premises under the terms of the Lease and
this Agreement.

     

    NOW, THEREFORE, in
consideration of the mutual promises, covenants and agreements herein contained,
the parties hereto, intending to be legally bound hereby, promise, covenant and
agree as follows:

     

    1.The Lease and all estates, rights,
options, liens and charges therein contained or created under the Lease are and
shall be subject and subordinate to the lien and effect of the Deed of Trust
insofar as it affects the real and personal property of which the Premises form
a part, and to all renewals, modifications, consolidations, replacements and
extensions thereof, and to all advances made or to be made thereunder, to the
full extent of amounts secured thereby and interest thereon.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    2.In the event Lender takes possession of
the Property, as grantee-in-possession or otherwise, or forecloses the Deed of
Trust or otherwise causes the Property to be sold pursuant to the Deed of Trust,
the Lease shall remain in full force and effect and Tenant shall continue
occupancy of the Premises in accordance with the terms and provisions of the
Lease, and Lender agrees not to affect, terminate or disturb Tenant’s right to
quiet enjoyment and possession of the Premises under the terms of the Lease or
any of Tenant’s other rights under the Lease in the exercise of Lender’s rights
under the Deed of Trust so long as Tenant is not then in default (after giving
effect to any notice requirements and cure periods provided in the Lease) under
any of the terms, covenants or conditions of the Lease.

     

    3.In the event that Lender succeeds to
the interest of Landlord under the Lease and/or Landlord’s leasehold interest in
the Property, or if anyone else acquires Landlord’s leasehold interest in the
Property or the right to possession of the Property upon the foreclosure of the
Deed of Trust or by other sale pursuant to the Deed of Trust, or upon the sale
of the Property by Lender or its successors or assigns after foreclosure or
other sale pursuant to the Deed of Trust or acquisition of title in lieu thereof
or otherwise, Lender or its successors or assigns or the then owner or holder of
Landlord’s leasehold interest in the Property after foreclosure or other sale
pursuant to the Deed of Trust (hereinafter collectively referred to in this
paragraph as “Successor
Landlord”) and Tenant hereby agrees to recognize one another as landlord
and tenant, respectively, under the Lease and to be bound to one another under
all of the terms, covenants and conditions of the Lease, and Successor Landlord
shall assume all of the obligations of Landlord under the
Lease.  Accordingly, from and after such event, Successor Landlord and
Tenant shall have the same remedies against each other for the breach of an
agreement contained in the Lease as Tenant and Landlord had before Successor
Landlord succeeded to the interest of the Landlord; provided, however, that
Successor Landlord shall not be:

     

    (a)  liable for
any act or omission of any prior landlord (including Landlord); or

     

    (b)  subject to
any offsets or defenses that Tenant might have against any prior landlord
(including Landlord); or

     

    (c)  bound by
any rent or additional rent that Tenant might have paid for more than one month
in advance to any prior landlord (including Landlord); or

     

    (d)  bound by
any amendment or modification of the Lease made after the date of this Agreement
without Lender’s prior written consent; or

     

    (e)  liable for
return of any security deposit.

     

    4.Although the foregoing provisions of
this Agreement shall be self-operative, Tenant agrees to execute and deliver to
Lender or to any person to whom Tenant is herein required to attorn, such other
instrument or instruments as Lender or such other person shall from time to time
reasonably request in order to confirm such provision.

     

    5.Tenant hereby warrants and represents,
covenants and agrees to and with Lender:

     

    (a)  not to
alter or modify the Lease in any respect without prior written consent of
Lender;

     

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

    

     

    (b)  to deliver
to Lender at the addresses provided for in this Agreement a duplicate of each
notice of default delivered to Landlord at the same time as such notice is given
to Landlord; provided, however, that Tenant’s failure to provide Lender such
written notice shall not impair any rights granted or derived by Tenant under
the Lease and/or this Agreement;

     

    (c)  that
Tenant is now the sole owner of the leasehold estate created by the Lease and
shall not hereafter transfer the Lease except as permitted by the terms
thereof;

     

    (d)  not to
seek to terminate the Lease by reason of any default of Landlord without prior
written notice thereof to Lender and the lapse thereafter of such time as under
the Lease was offered to Landlord in which to remedy the default, and the lapse
of 15 days after the expiration of such time as Landlord was permitted to cure
such default; provided, however, that with
respect to any default of Landlord under the Lease which cannot be remedied
within such time, if Lender commences to cure such default within such time and
thereafter diligently proceed with such efforts and pursues the same to
completion, Lender shall have such time as is reasonably necessary but not to
exceed 30 days to complete curing such default.  Notwithstanding the
foregoing, in the event either Lender or Landlord do not cure or commence curing
such default within the time provided to Landlord under the Lease and the nature
of the default threatens Tenant’s ability to conduct its daily business or
threatens to materially or adversely damage tenant’s property located on the
Leased Premises, Tenant shall be permitted to exercise its right under the
Lease;

     

    (e)  not to pay
any rent or other sums due or to become due under the Lease more than 30 days in
advance of the date on which the same are due or to become due under the
Lease;

     

    (f)  upon
Lender’s written request, to certify promptly in writing to Lender in connection
with any proposed assignment of the Deed of Trust, whether or not any default on
the part of Landlord then exists under the Lease; and

     

    (g)  upon
receipt from Lender of notice of any default by Landlord under the Deed of Trust
or the Assignment, to pay to Lender directly all rent and other sums due under
the Lease.

     

    6.This Agreement shall inure to the
benefit of and be binding upon the parties hereto and their successors and
assigns.

     

    7.This Agreement shall be governed by and
construed in accordance with the laws of the jurisdiction in which the Property
is located.

     

    8.Lender, Landlord and Tenant agree
that:

     

    (a)  neither
the officers, nor the directors, employees, agents or shareholders of Lender
shall be personally liable hereunder; and

     

    (b)  Tenant and
all others shall look solely to the interest of Lender in the Property for the
payment of any claim hereunder or for the performance of any obligation,
agreement, contribution or term to be performed or observed by it hereunder or
under the Security Instrument of any other agreement or document securing or
collateral to the Security Instrument.

     

    9.Lender’s address for notices shall
be:

     

    
      
        
        

      

      
        17

        
          

        

      

      
        
        

      

    

     

                    Attention:  ______________________

     

                    with a copy
to:

     

                    Attention:  ______________________

     

                    Tenant’s address for
notices shall be:

     

                    Attention:  ______________________

     

                    with a copy
to:

     

                    _______________________________

                    Attention:  ______________________

     

                    Landlord’s address
for notices shall be:

     

                    Attention:  ______________________

     

                    with a copy
to:

     

                    _______________________________

                    Attention:  ______________________

     

    

     

    [NO
FURTHER TEXT ON THIS PAGE]

     

    
      
        
        

      

      
        18

        
          

        

      

      
        
        

      

    

     

    IN WITNESS WHEREOF, the
parties hereto have executed this Agreement by their duly authorized officers as
of the day and year first above written.

     

    
      
        	 	LENDER:	 
	 	 	 
	 	TD
      BANK, N.A.	 
	 	 	 
	 	 	 
	 	By:	 	 
	 	 	
                Name:

              	 
	 	 	
                Title:

              	 
	 	 	 
	 	LANDLORD:	 
	 	 	 
	 	GTY
      MD LEASING, INC.	 
	 	 	 
	 	 	 
	 	By:	 	 
	 	 	
                Name:

              	 
	 	 	
                Title:

              	 
	 	 	 
	 	TENANT:	 
	 	 	 
	 	 	 
	 	 	 
	 	By:	 	 
	 	 	
                Name:

              	 
	 	 	
                Title:

              	 

      

    

    

    ACKNOWLEDGMENTS
[INSERT TWO (2) STATE SPECIFIC NOTARY BLOCKS]

     

    Schedule
A – Legal Description

     

     

    19a6062858ex10_2.htm

    Exhibit
10.2

     

     

     

     

     

    
 

    

    

    
      
        

      

    

     

    LOAN
AGREEMENT

     

    

    
      
        

      

    

    Between

     

    GTY
MD LEASING, INC.,

     

     

    a Delaware
corporation

     

     

    GETTY
PROPERTIES CORP.,

     

     

    a Delaware
corporation

     

    

     

    GETTY
REALTY CORP.,

     

    a Maryland
corporation

    and

    

    TD
BANK, N.A.

    

    

    Dated as
of September 25, 2009

     

     

     

     

    
 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      

       

      LOAN
AGREEMENT

       

      This Loan Agreement (“Agreement”) is dated
this 25th day
of September, 2009, by and between GTY MD LEASING, INC., a
Delaware corporation (“SPE Owner”), GETTY PROPERTIES CORP., a
Delaware Corporation (“Getty Properties”),
GETTY REALTY CORP., a
Maryland corporation (“Company”), and TD Bank,
N.A., a national
banking association (“Lender”).

       

      RECITALS

       

      A.           Company,
Getty Properties and SPE Owner desire to establish financing arrangements with
Lender and Lender is willing to make a term loan to Company, Getty Properties
and SPE Owner under the terms and provisions hereinafter set forth.

       

      B.           The
parties desire to define the terms and conditions of their relationship in
writing.

       

      NOW, THEREFORE, the parties hereto,
intending to be legally bound, hereby agree as follows:

       

      SECTION  I

       

      DEFINITIONS
AND INTERPRETATION

       

      1.1.           Terms
Defined.  As used in this Agreement, the following terms have
the following respective meanings:

       

      Adjusted LIBOR Rate -
For each LIBOR Interest Period, a per annum interest rate determined pursuant to
the following formula:

       

      Adjusted
LIBOR Rate
=                            London Interbank Offered
Rate

      1 minus the LIBOR Reserve
Percentage

       

      Affiliate - With
respect to a specified Person, another Person that directly, or indirectly
through one or more intermediaries, Controls or is Controlled by or is under
common Control with the Person specified.

       

      Anti-Terrorism Laws -
Any statute, treaty, law (including common law), ordinance, regulation, rule,
order, opinion, release, injunction, writ, decree or award of any Governmental
Authority relating to terrorism or money laundering, including Executive Order
No. 13224 and the USA Patriot Act.

       

      Applicable Margin -
Three and one tenth percent (3.10%).

       

      Approved Acquisition
Add-Backs - Costs incurred by the Company or its Subsidiaries in
connection with acquisitions which costs are expensed rather than capitalized,
in accordance with GAAP and which are approved as additions to EBITDA and FFO by
Lender; provided, however, that Lender will not withhold its approval if such
additions to EBITDA and FFO are approved in accordance with the Company Credit
Agreement.

       

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

      Bank Affiliate - With
respect  to Lender, any Person which, directly or indirectly, is in
control of, is controlled by, or is under common control with
Lender.  For purposes of this definition only, “control” of a Person
shall mean the power, direct or indirect, (x) to vote 25% or more of any class
of Capital Stock having ordinary voting power for the election of directors of
such Person or other Persons performing similar functions for any such Person,
or (y) to direct or cause the direction of the management and policies of such
Person whether by ownership of Capital Stock, contract or
otherwise.

       

      Bankruptcy Code –
Title 11 of the United States Code entitled “Bankruptcy”, as now or hereinafter
in effect, or any successor statute.

       

      Base Rate - On any
day, a rate per annum equal to the greatest of (i) The “Prime Rate” of interest
as published in the “Money Rates” section of The Wall Street
Journal on the applicable date (or the highest “Prime Rate” if more than
one is published) as such rate may change from time to time, provided, however,
that if  The
Wall Street Journal ceases to be published or goes on strike or is
otherwise not published, Lender may use a similar published prime rate or (ii)
the Federal Funds Rate in effect on such day plus one-half of one percent
(1⁄2%).

       

      Base Rate Loan – That
portion of the Term Loan accruing interest based on a rate determined by
reference to the Base Rate, if applicable.

       

      Blocked Person -
Section 5.17.

       

      Board - The Board of
Governors of the Federal Reserve System of the United States of
America.

       

      Borrower - Company,
Getty Properties and SPE Owner, individually and collectively, and jointly and
severally.

       

      Business Day
–  (i) A day other than Saturday or Sunday when Lender is open for
business in the Commonwealth of Virginia; or (ii) if the Term Loan is LIBOR Rate
Loan, any day which is a Business Day as described in clause (i) and which is
also a day for trading by and between banks in dollar deposits in the London
interbank market.

       

      Capital Lease
Obligations  -  Of any Person means the obligations
of such Person to pay rent or other amounts under any lease of (or other
arrangement conveying the right to use) real or personal property, or a
combination thereof, which obligations are required to be classified and
accounted for as capital leases on a balance sheet of such Person under GAAP,
and the amount of such obligations shall be the capitalized amount thereof
determined in accordance with GAAP. The term “Capital Lease” shall mean a lease
meeting the requirements of this definition.

       

      Capital Stock
-  Any and all shares, interests, participations or other equivalents
(however designated) of capital stock of a corporation, any and all equivalent
ownership interests in a Person (other than a corporation) and any and all
warrants or options to purchase any of the foregoing.

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      Cash Equivalents -
Short-term investments in liquid accounts, such as money-market funds, bankers
acceptances, certificates of deposit and commercial paper.

       

      Control
-  The possession, directly or indirectly, of the power to direct or
cause the direction of the management or policies of a Person, whether through
the ability to exercise voting power, by contract or otherwise. “Controlling”
and “Controlled” have meanings correlative thereto.

       

      Change in Control -
(a) The acquisition of ownership, directly or indirectly, beneficially or of
record, by any Person or group (within the meaning of the Securities Exchange
Act of 1934 and the rules of the SEC thereunder as in effect on the date
hereof), of Equity Interests representing more than 30% of the aggregate
ordinary voting power represented by the issued and outstanding Equity Interests
of Company; or (b) occupation of a majority of the seats (other than vacant
seats) on the board of directors of Company by Persons who were neither (i)
nominated by the board of directors of Company or by a majority of any
nominating committee appointed by such board of directors for the purpose of
nominating directors for election to such board nor (ii) appointed by directors
so nominated nor (iii) directors on September 25, 2009.

       

      Closing - As defined
in Section 4.6.

       

      Closing Date - As
defined in Section 4.6.

       

      Code - The Internal
Revenue Code of 1986, as amended from time to time.

       

      Company Credit
Agreement - The $175,000,000 Credit Agreement, dated as of March 27,
2007, by and between Company, the Lenders party thereto from time to time,
JPMorgan Chase Bank, N.A., as Administrative Agent and Charter One Bank as
Syndication Agent, as the same may be amended,
modified, supplemented or replaced
from time to time.

       

      Contracts - All of
the right, title, and interest of  SPE Owner, if any, including
equitable rights, in, to, and under any and all contracts and agreements
relating in any way or manner to any part of the Mortgage Property, whether such
contracts are now or at any time hereafter existing including but not limited to
the following:  (i) all rights under the comfort letter executed in
connection with the Purchase and Sale Agreement, (ii) all other contracts for
the purchase and/or sale of all or any portion of the Mortgage Property, whether
such Contracts are now or at any time hereafter existing, including but without
limitation, any and all earnest money or other deposits escrowed or to be
escrowed or letters of credit provided or to be provided by the purchasers under
the Contracts, including all amendments and supplements to and renewals and
extensions of the Contracts at any time made, and together with all payments,
earnings, income, and profits arising from the sale of all or any portion of the
Mortgage Property or from the Contracts and all other sums due or to become due
under and pursuant thereto and together with any and all earnest money,
security, letters of credit or other deposits under any of the Contracts; (iii)
contracts, licenses, permits, and rights relating to living unit equivalents or
other entitlements with respect to water, wastewater, and other utility services
whether executed, granted, or issued by a Person, which are directly or
indirectly related to, or connected with, the development, ownership,
maintenance or operation of the Mortgage Property, whether such contracts,
licenses, and permits are now or at any time thereafter existing, including
without limitation, any and all rights of living unit equivalents or other
entitlements with respect to water, wastewater, and other utility services,
certificates, licenses, zoning variances, permits, and no-action letters from
each Governmental Authority required: (a) to evidence compliance by SPE Owner
and all improvements constructed or to be constructed on the Mortgage Property
with all legal requirements applicable to the Mortgage Property; and (b) to
develop and/or operate the Mortgage Property as a commercial and/or residential
project, as the case may be; (iv) any and all right, title, and interest SPE
Owner may have in any financing arrangements relating to the financing of or the
purchase of all or any portion of the Mortgaged Property by future purchasers;
and (v) all other contracts which in any way relate to the use, enjoyment,
occupancy, operation, maintenance, repair, management or ownership of the
Mortgage Property (save and except any and all leases, subleases, or other
agreements pursuant to which SPE Owner is granted a possessory interest in the
Land), including but not limited to engineers contracts, architects contracts,
construction contracts, maintenance agreements, equipment leases, personal
property leases, management agreements and service contracts.

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      Conversion Date - If
any, the date on which the Term Loan converts to the Secured Loan.

       

      Conversion LTV - With
respect to the Term Loan, as of the Conversion Date, a loan to value ratio of
not less than 60% based on appraised value of the Mortgage Properties as set
forth in appraisals ordered and approved by Lender.

       

      Conversion Margin -
If the Secured Loan Maturity Date is 5 years from the Conversion Date 3.00% and
if the Secured Loan Maturity Date is 7 years from the Conversion Date
3.25%.

       

      DAG Entity- White Oak
Petroleum, LLC, a Delaware limited liability company.

       

      DAG Lease - That
certain Unitary Net Lease Agreement, dated as on or about the date hereof, by
and between SPE Owner and the DAG Entity, as the same may be amended, modified,
supplemented or replaced from time to time.

       

      Debt Service - As of
any date of determination, Borrower’s payments of principal and interest with
respect to the Obligations payable during the applicable period.

       

      Deed of Trust – That
certain Deed of Trust, Assignment and Security Agreement, dated on or about the
date hereof, executed by SPE Owner in favor of Lender on or prior to Closing
Date, which shall encumber the Mortgage Properties, as the same may be amended,
modified, supplemented or replaced from time to time.

       

      Default - Any event,
act, condition or occurrence which with notice, or lapse of time  or
both, would constitute an Event of Default hereunder.

       

      EBITDA - For any
Person or Property, the consolidated net income of such Person and its
Subsidiaries or Property, as the case may be, after deduction for environmental
expenses (without duplication) and adjusted for straight-line rents, plus income
taxes, interest, depreciation, amortization and Approved Acquisition Add-Backs,
and calculated exclusive of (i) gains or losses on sales of operating real
estate and marketable securities, (ii) other extraordinary items and (iii)
non-cash impairments taken in accordance with GAAP, all determined in accordance
with GAAP.

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      EBITDAR - For Company
and its Subsidiaries, EBITDA plus rent expense of Company and its Subsidiaries,
all determined on a consolidated basis in accordance with GAAP.

       

      Eligible Ground Lease
- Any Property with a ground lease which (a) has a remaining term (including any
renewal options exercisable at the sole option of the lessee) of at least twenty
(20) years; (b) may be transferred and/or assigned by the lessee either without
the consent of the lessor or with the consent of the lessor so long as the lease
provides that such consent is not to be unreasonably withheld; (c) contains
customary lender protection provisions which provide or allow for, without the
consent of the lessor, (i) notice and cure rights, (ii) pledge and mortgage of
the leasehold interest, (iii) recognition of a foreclosure of leasehold
interests including entering into a new lease with the Lender and (iv) no right
of landlord to terminate without the consent of lessor’s lender. In addition,
“Eligible Ground Leases” shall include such other Properties with ground leases
as are, upon Company’s request, approved as “Eligible Ground Leases” by Lender
in its sole discretion from time to time.

       

      Eligible Leasehold
Property - Those Properties described in Schedule 1, as such Schedule 1
may be revised by Company, from time to time, upon approval
by  Lender.

       

      Environmental Laws -
means all laws, rules, regulations, codes, ordinances, orders, decrees,
judgments, injunctions, notices or binding agreements issued, promulgated or
entered into by any Governmental Authority, relating in any way to the
environment, preservation or reclamation of natural resources, the management,
release or threatened release of any Materials of Environmental
Concern.

       

      Equity Interests -
Shares of capital stock, partnership interests, membership interests in a
limited liability company, beneficial interests in a trust or other equity
ownership interests in a Person, and any warrants, options or other rights
entitling the holder thereof to purchase or acquire any such equity
interest.

       

      Equity Issuance - Any
issuance or sale by a Person of its Capital Stock or other similar equity
security, or any warrants, options or similar rights to acquire, or securities
convertible into or exchangeable for, such Capital Stock or other similar equity
security.

       

      ERISA - The Employee
Retirement Income Security Act of 1974, as the same may be amended, from time to
time.

       

      ERISA Affiliate - Any
trade or business (whether or not incorporated) that, together with Company, is
treated as a single employer under Section 414(b) or (c) of the Code or, solely
for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as
a single employer under Section 414 of the Code.

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

      ERISA Event - (a) Any
“reportable event”, as defined in Section 4043 of ERISA or the regulations
issued thereunder with respect to a Plan (other than an event for which the
30-day notice period is waived); (b) the existence with respect to any Plan of
an “accumulated funding deficiency” (as defined in Section 412 of the Code or
Section 302 of ERISA), whether or not waived; (c) the filing pursuant to Section
412(d) of the Code or Section 303(d) of ERISA of an application for a waiver of
the minimum funding standard with respect to any Plan; (d) the incurrence by
Company or any of its ERISA Affiliates of any liability under Title IV of ERISA
with respect to the termination of any Plan; (e) the receipt by Company or any
ERISA Affiliate from the PBGC or a plan administrator of any notice relating to
an intention to terminate any Plan or Plans or to appoint a trustee to
administer any Plan; (f) the incurrence by Company or any of its ERISA
Affiliates of any liability with respect to the withdrawal or partial withdrawal
from any Plan or Multiemployer Plan; or (g) the receipt by Company or any ERISA
Affiliate of any notice, or the receipt by any Multiemployer Plan from Company
or any ERISA Affiliate of any notice, concerning the imposition of Withdrawal
Liability or a determination that a Multiemployer Plan is, or is expected to be,
insolvent or in reorganization, within the meaning of Title IV of
ERISA.

       

      Event of Default - As
defined in Section 8.1.

       

      Excluded Taxes - With
respect to Lender or any other recipient of any payment to be made by or on
account of any obligation of Borrower hereunder, (a) income or franchise taxes
imposed on (or measured by) its net income by the United States of America, or
by the jurisdiction under the laws of which such recipient is organized or in
which its principal office is located or, in the case of Lender, in which its
applicable lending office is located or by another jurisdiction as a result of a
present or former connection between Lender and such other jurisdiction, (b) any
branch profits taxes imposed by the United States of America or any similar tax
imposed by any other jurisdiction in which Borrower is located.

       

      Executive Order No.
13224 - The Executive Order No. 13224 on Terrorist Financing, effective
September 24, 2001, as the same has been, or shall hereafter be, renewed,
extended, amended or replaced.

       

      Expenses - As defined
in Section 10.6.

       

      Federal Funds
Rate  - For any day, the rate per annum (rounded upwards, if
necessary, to the next 1/100th of
1%) equal to the weighted average of the rates on overnight Federal funds
transactions with member banks of the Federal Reserve System arranged by Federal
funds brokers, as published by the Federal Reserve Bank of New York on the next
succeeding Business Day or if such rate is not so published for any Business
Day, the Federal Funds Rate for such day shall be the average rounded upwards,
if necessary, to the next 1/100th of
1% of the quotations for such day on such transactions received by Lender from
three Federal funds brokers of recognized standing selected by the
Lender.

       

      FFO - Funds from
operations, which shall mean consolidated net income of Company and its
Subsidiaries plus the sum, without duplication, of depreciation and amortization
and Approved Acquisition Add-Backs, exclusive of any gain or loss from debt
restructuring or property sales plus or minus, as applicable, other non-cash
charges and expenses.

       

      
        
          
          

        

        
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      Fixed Charge Coverage
Ratio - As of the date of determination, the ratio of (a)
EBITDAR  for the most recently ended fiscal quarter, to (b) the sum of
all interest incurred (accrued, paid or capitalized) plus all regularly
scheduled principal payments with respect to Indebtedness (excluding optional
prepayments and balloon principal payments due on maturity in respect of any
Indebtedness) paid, plus rent expense, dividends on preferred stock or minority
interest distributions for such fiscal quarter, all determined on a consolidated
basis in accordance with GAAP.

       

      GAAP - Generally
accepted accounting principles as in effect in the United States of America on
the Closing Date applied in a manner materially consistent with the most recent
audited financial statements of Company furnished to Lender and described in
Section 5.4 herein.

       

      Governmental
Authority -  The government of the United States of America,
any other nation or any political subdivision thereof, whether state or local,
and any agency, authority, instrumentality, regulatory body, court, central bank
or other entity exercising executive, legislative, judicial, taxing, regulatory
or administrative powers or functions of or pertaining to
government.

       

      GPMI Lease--The
Consolidated,  Amended and Restated Master Lease, dated as of November
2, 2000, between Getty Properties., as Landlord, and Getty Petroleum Marketing
Inc., as tenant, as the same may be amended, modified or supplemented from time
to time.

       

      Hazardous Substances
- Any substances defined or designated as hazardous or toxic waste, hazardous or
toxic material, hazardous or toxic substance or similar term, under any
Environmental Law.

       

      Hedging Agreements -
Any Interest Hedging Instrument or any other interest rate protection agreement,
foreign currency exchange agreement, commodity purchase or option agreement, or
any other interest rate hedging device or swap agreement (as defined in 11
U.S.C. § 101 et. seq.).

       

      Indebtedness  -
Of any Person means, without duplication, (a) all obligations of such Person for
borrowed money or with respect to unfunded deposits or advances of any kind, (b)
all obligations of such Person evidenced by bonds, debentures, notes or similar
instruments, (c) all obligations of such Person upon which interest charges are
customarily paid, (d) all obligations of such Person under conditional sale or
other title retention agreements relating to property acquired by such Person,
(e) all obligations of such Person in respect of the deferred purchase price of
property or services (excluding current accounts payable incurred in the
ordinary course of business), (f) all Indebtedness of others secured by (or for
which the holder of such Indebtedness has an existing right, contingent or
otherwise, to be secured by) any Lien on property owned or acquired by such
Person, whether or not the Indebtedness secured thereby has been assumed, (g)
all guarantees by such Person of Indebtedness of others, (h) all Capital Lease
Obligations of such Person, (i) all obligations, contingent or otherwise, of
such Person as an account party in respect of letters of credit and letters of
guaranty, (j) all obligations, contingent or otherwise, of such Person in
respect of bankers’ acceptances and (k) net obligations arising under Hedging
Agreements (to the extent required to be reflected on the balance sheet of such
Person in accordance with GAAP), exclusive, however, of all accounts payable,
accrued interest and expenses, prepaid rents, security deposits and dividends
and distributions declared but not yet paid. The Indebtedness of any Person
shall include the Indebtedness of any other entity (including any partnership in
which such Person is a general partner) to the extent such Person is liable
therefor as a result of such Person’s ownership interest in or other
relationship with such entity, except to the extent the terms of such
Indebtedness provide that such Person is not liable therefor. Indebtedness shall
not include any Intracompany Indebtedness. “Intracompany Indebtedness” means any
indebtedness whose obligor and obligee are Company, Borrower and/or any
Subsidiary of Company or Borrower.

       

      
        
          
          

        

        
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      Indemnified Taxes -
Taxes other than Excluded Taxes.

       

      Interest Hedging
Instrument - Any documentation evidencing any interest rate swap,
interest “cap” or “collar” or any other interest rate hedging device or swap
agreement (as defined in 11 U.S.C. § 101 et. seq.) between
Borrower and Lender (or any Affiliate of Lender) with respect to the Term
Loan.

       

      IRS - Internal
Revenue Service.

       

      Kleinfelder Agreement
- Collectively, the following documents which pertain to the monitoring and
remediation of environmental contamination on the Land:  (i) that
certain Master Services Agreement for Environmental Services, dated on or about
the date hereof, by and between Kleinfelder East, Inc., a California
corporation, and DAG Enterprises, Inc., a Virginia corporation,  as
same may be amended or assigned, and (ii) any work orders or change orders
issued in relation to such Master Services Agreement.

       

      Land -Collectively,
all of SPE Owner’s right, title and fee interest in and to all of those certain
real properties or interests more particularly therein described in Exhibit A attached
hereto and incorporated herein by reference, together with all rights, titles,
interests and privileges of SPE Owner in and to (i) all streets, ways, roads,
alleys, easements, rights of way, licenses, rights of ingress and egress,
vehicle parking rights and public places, existing or proposed, abutting,
adjacent, used in connection with or pertaining to such real property or the
improvements thereon; (ii) any strips or gores of real property between such
real property and abutting or adjacent properties; (iii) all water and water
rights, timber, crops, pertaining to such real property; and (iv) all
appurtenances and all reversions and remainders in or to such real
property.

       

      Legal Requirements -
Any and all (i) present and future judicial decisions, statutes (including PMPA
and Environmental Laws), laws, rulings, rules, regulations, orders, writs,
injunctions, decrees, permits, certificates or ordinances of any Governmental
Authority in any way applicable to Borrower or the Mortgage Property, including,
without limiting the generality of the foregoing, the ownership, use, occupancy,
possession, operation, maintenance, alteration, repair or reconstruction
thereof; (ii) covenants, conditions and restrictions contained in any deeds,
other forms of conveyance or in any other instruments of any nature that relate
in any way or are applicable to the Mortgage Property or the ownership, use or
occupancy thereof; (iii) presently or subsequently effective bylaws and articles
of incorporation, operating agreement and articles of organization or
partnership, limited partnership, joint venture, trust or other form of business
association agreement of Borrower; and (iv) leases, above, and other contracts
(written or oral), of any nature that relate in any way to the Mortgage Property
and to which Borrower may be bound, including, without limiting the generality
of the foregoing, any lease or other contract pursuant to which Borrower is
granted a possessory interest in and to the Mortgage Property.

       

      
        
          
          

        

        
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      LIBOR Interest Period
- A period of one month; provided however, (i) if any LIBOR Interest Period
would end on a day which is not a Business Day, such LIBOR Interest Period shall
be extended to the next succeeding Business Day (except that where the next
succeeding Business Day falls in the next succeeding calendar month, then on the
next preceding Business Day), (ii) no LIBOR Interest Period shall extend beyond
the Term Loan Maturity Date, and (iii) any LIBOR Interest Period that begins on
the last Business Day of a calendar month (or on a day for which there is no
numerically corresponding day in the calendar month at the end of such LIBOR
Interest Period) shall end on the last Business Day of the relevant calendar
month at the end of such LIBOR Interest Period.

       

      LIBOR Rate Loan - The
Term Loan when interest is accruing based on a rate determined by reference to
the Adjusted LIBOR Rate.

       

      LIBOR Reserve
Percentage - For any day, that percentage (expressed as a decimal) which
is in effect from time to time under Regulation D, as such regulation may be
amended from time to time or any successor regulation, as the maximum reserve
requirement (including, without limitation, any basic, supplemental, emergency,
special, or marginal reserves) applicable with respect to Eurocurrency
liabilities as that term is defined in Regulation D (or against any other
category of liabilities that includes deposits by reference to which the
interest rate of the LIBOR Rate Loan is determined), whether or not Lender has
any Eurocurrency liabilities subject to such reserve requirement at that
time.  The LIBOR Rate Loan shall be deemed to constitute Eurocurrency
liabilities and as such shall be deemed subject to reserve requirements without
benefits of credits for proration, exceptions or offsets that may be available
from time to time to Lender.  The Adjusted LIBOR Rate shall be
adjusted automatically on and as of the effective date of any change in the
LIBOR Reserve Percentage.

       

      Lien - With respect
to any asset, (a) any mortgage, deed of trust, lien, pledge, hypothecation,
encumbrance, charge or security interest in, on or of such asset other than
Permitted Encumbrances, (b) the interest of a vendor or a lessor under any
conditional sale agreement, capital lease or title retention agreement (or any
financing lease having substantially the same economic effect as any of the
foregoing) relating to such asset and (c) in the case of securities, any
purchase option, call or similar right of a third party with respect to such
securities.

       

      Loan Documents –
Collectively, this Agreement, the Term Loan Note, the Deed of Trust and all
agreements, instruments and documents executed and/or delivered in connection
therewith, all as may be supplemented, restated, superseded, amended or replaced
from time to time.

       

      London Interbank Offered
Rate - With respect to the LIBOR Rate Loan for any LIBOR Interest Period
applicable thereto, the rate of interest per annum (rounded upwards, if
necessary, to the nearest 1/100 of 1%) equal to the British Bankers Association
LIBOR Rate (“BBA LIBOR”) as published by Bloomberg (or such other commercially
available source providing quotations of BBA LIBOR as designated by Lender from
time to time) at approximately 11:00 A.M. (London time) 2 Business Days prior to
the first day of such LIBOR Interest Period for a term comparable to such LIBOR
Interest Period; provided however, if more than one BBA LIBOR Rate is specified,
the applicable rate shall be the arithmetic mean of all such
rates.  If, for any reason, such rate is not available, the term
London Interbank Offered Rate shall mean, with respect to the LIBOR Rate Loan
for the LIBOR Interest Period applicable thereto, the rate of interest per annum
(rounded upwards, if necessary, to the nearest 1/100 of 1%) determined by Lender
to be the average rates per annum at which deposits in dollars are offered for
such LIBOR Interest Period to major banks in the London Interbank market in
London, England at approximately 11:00 A.M. (London time) 2 Business Days
prior to the first day of such LIBOR Interest Period for a term comparable to
such LIBOR Interest Period.

       

      
        
          
          

        

        
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      Materials of Environmental
Concern - Any gasoline or petroleum (including crude oil or any fraction
thereof) or petroleum products or any hazardous or toxic substances, materials
or wastes defined or regulated as such in or under any Environmental Law,
including asbestos or asbestos containing materials, polychlorinated biphenyls,
urea-formaldehyde insulation, explosive or radioactive substances, radon gas,
infectious or medical wastes.

       

      Material Adverse
Effect - A material adverse effect on (a) the business, assets, prospects
or condition, financial or otherwise, of Company and its Subsidiaries taken as a
whole, or, with respect to Section 2.6(c), the DAG Entity, or (b) the rights of
or benefits available to Lender under this Agreement.

       

      Material Indebtedness
- Indebtedness (other than the Term Loan), or obligations in respect of one or
more Hedging Agreements, of any one or more of Company and its Subsidiaries in
an aggregate principal amount exceeding $15,000,000 with respect for
Indebtedness that is recourse to Company or $20,000,000, with respect to
Indebtedness that is without recourse to Company.  For purposes of
determining Material Indebtedness, the “principal amount” of the obligations of
Company or any of its Subsidiaries in respect of any Hedging Agreement at any
time shall be the maximum aggregate amount (giving effect to any netting
agreements) that Company or such Subsidiary would be required to pay if such
Hedging Agreement were terminated at such time.

       

      Minimum Interest Rate
- Three and one half percent (3.5%).

       

      Mortgage Property or
Mortgage Properties - means, in each case, the Land and all buildings and
improvements now or hereafter located thereon and owned by SPE Owner, and all
other “Mortgaged Property”, as such term is defined in the Deed of
Trust.  As used in this Agreement, the term “Mortgage Property” shall
be expressly defined as meaning all or, where the context permits or requires,
any part of the above and all or, where the context permits or requires, any
interest therein.

       

      Mortgage Property
Litigation - Collectively, (i) the Complaint for Declaratory Injunctive
Relief/Action Affecting Re Property (the “Duncan Complaint”)
naming Duncan Services, Inc, and certain other dealers as plaintiffs (the “Plaintiffs”), and
ExxonMobil Oil Corporation as a defendant, filed on or about September 23, 2009
in the Unites States District Court for the District of Maryland, Southern
Division, which names the following Mortgage Properties (each an “Affected Property”
or, collectively, the “Affected
Properties”): 8850 Gorman Road, Laurel, MD; 4040 Powder Mill Road,
Beltsville, MD; 6411 Coventry Way, Clinton, MD; 11055 Baltimore Blvd,
Beltsville, MD; 10405 Baltimore Ave., Beltsville, MD; 8901 Central Avenue,
Capitol Heights MD; 3384 Fort Meade Rd., Laurel MD; 5921 Marlboro Pike, District
Heights, MD; and 6117 Baltimore Avenue, Riverdale, MD., and (ii) any other
lawsuit or legal proceeding filed by any Plaintiff against Borrower and naming
any of the Affected Properties.

       

      
        
          
          

        

        
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      Mortgage Property Litigation
Release Payment - With respect to each Affected Property released or
conveyed as a result of a full and final disposition of the Mortgage Property
Litigation as described in Section 2.6(c) hereof, an amount equal to Release
Amount for such Affected Property multiplied by 150%.

       

      Multiemployer Plan -
A multiemployer plan as defined in Section 4001(a)(3) of ERISA.

       

      Net Operating Income
- For any applicable period, the amount by which payments made to SPE Owner
under the DAG Lease during such period, or any other income from operations
received by the SPE Owner during such period, exceed ordinary and customary
operating expenses of the Mortgage Properties during such
period.  Operating expenses of the Mortgage Properties include,
without limitation, (a) management fees applicable to the Mortgage
Properties  for such period in an amount not to exceed the greater of
(1) the actual management fees paid over such period, or (2) the amount which is
3% of gross income (determined in accordance GAAP) of the Mortgage Properties
for such period, (b) other actual ordinary and customary operating expenses of
the Mortgage Properties during such period, and (c) other ordinary and customary
operating expenses of the Mortgage Properties which are not incurred during the
applicable period, but which recur annually, included, but not limited to, taxes
and insurance premiums applicable to the Mortgage Properties.  Lender
reserves the right to establish such reserves or make such adjustments to the
foregoing calculation as it shall deem appropriate or necessary in the exercise
of its sole and commercially reasonable discretion.  Ordinary and
customary operating expenses shall not include expenses for depreciation,
amortization and debt service payments and any other non-cash expenses, nor
payments for capital expenditures, building improvements and tenant
improvements. Operating expenses paid by the DAG Entity under the DAG Lease
shall be excluded from the forgoing calculations.

       

      NOI to Debt Service
Ratio - As of any date of determination, the ratio of Net Operating
Income for the most recently ended fiscal quarter to Debt Service for such
fiscal quarter.

       

      Non-consolidated
Affiliate - An Affiliate of Company, in which Company, directly or
indirectly through ownership of one or more intermediary entities, owns an
Equity Interest but that is not required in accordance with GAAP to be
consolidated with Company for financial reporting purposes.

       

      Obligations - All
existing and future debts, liabilities and obligations of every kind or nature
at any time owing by Borrower to Lender or any other subsidiary of Lender or a
Bank Affiliate under this Agreement, any Hedging Agreement or Interest Hedging
Instrument with Lender or a Bank Affiliate or any other Loan Document, whether
joint or several, related or unrelated, primary or secondary, matured or
contingent, due or to become due (including debts, liabilities and obligations
obtained by assignment), and whether principal, interest, fees, indemnification
obligations hereunder or Expenses (specifically including interest accruing
after the commencement of any bankruptcy, insolvency or similar proceeding with
respect to Borrower, whether or not a claim for such post-commencement interest
is allowed), including, without limitation, debts, liabilities and obligations
in respect of the Term Loan and any extensions, modifications, substitutions,
increases and renewals thereof; any amount payable by Borrower or any Subsidiary
of Borrower pursuant to an Interest Hedging Instrument; and all Expenses
incurred by Lender or any other subsidiary of Lender or a Bank Affiliate,
together with other debts, liabilities or obligations owing to Lender or any
other subsidiary of Lender or a Bank Affiliate in connection with any lockbox,
cash management, or other services (including electronic funds transfers or
automated clearing house transactions) provided by Lender or any other
subsidiary of Lender or a Bank Affiliate to Borrower.

       

      
        
          
          

        

        
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      Other Taxes - means
any and all present or future stamp or documentary taxes or any other excise or
property taxes, charges or similar levies arising from any payment made
hereunder or from the execution, delivery or enforcement of, or otherwise with
respect to, this Agreement.

       

      PBGC - The Pension
Benefit Guaranty Corporation.

       

      Permitted
Encumbrances - Any of the following:

       

      (a)           Liens
imposed by law for taxes that are not yet due or are being contested in
compliance with Section 6.4;

       

      (b)           carriers’,
warehousemen’s, mechanics’, materialmen’s, repairmen’s and other like Liens
imposed by law, arising in the ordinary course of business and securing
obligations that are not overdue by more than 60 days or are being contested in
compliance with Section 6.4;

       

      (c)           
pledges and deposits made in the ordinary course of business in compliance with
workers’ compensation, unemployment insurance and other social security laws or
regulations or to secure liabilities to other insurance carrier;

       

      (d)           deposits
to secure the performance of bids, trade contracts, leases, statutory
obligations, purchase contracts, construction contracts, surety and appeal
bonds, performance bonds and other obligations of a like nature, in each case in
the ordinary course of business;

       

      (e)           judgment
liens in respect of judgments that do not constitute an Event of Default under
clause (k) of Section 8.1;

       

      (f)           (i)
with respect to any Property (including, but not limited to, the Mortgage
Properties), easements, zoning restrictions, rights-of-way and similar
encumbrances on real property imposed by law or arising in the ordinary course
of business that do not secure any monetary obligations and do not materially
detract from the value of the affected property or interfere with the ordinary
conduct of business of Company or any of its
Subsidiaries; and (ii) with respect to any Mortgaged Property, any matter listed
or described in the owner’s title insurance policies of Borrower provided by SPE
Owner to Lender prior to the date hereof;

       

      (g)           Liens
for purchase money obligations for equipment (or Liens to secure Indebtedness
incurred within 90 days after the purchase of any equipment to pay all or a
portion of the purchase price thereof or to secure Indebtedness incurred solely
for the purpose of financing the acquisition of any such equipment, or
extensions, renewals, or replacements of any of the foregoing for the same or
lesser amount); provided that (i) the Indebtedness secured by any such Lien does
not exceed the purchase price of such equipment, (ii) any such Lien encumbers
only the asset so purchased and the proceeds upon sale, disposition, loss or
destruction thereof, and (iii) such Lien after giving effect to Indebtedness
secured thereby, does not give rise to an Event of Default;

       

      
        
          
          

        

        
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      (h)           (x)
Liens and judgments which have been or will be bonded (and the Lien on any cash
or securities serving as security for such bond) or released of record within
thirty (30) days after the date such Lien or judgment is entered or filed
against Company or any of its Subsidiaries, or (y) Liens which are being
contested in good faith by appropriate proceedings for review and in respect of
which there shall have been secured a subsisting stay of execution pending such
appeal or proceedings and as to which the subject asset is not at risk of
forefeiture;

       

      (i)           Liens
on Property of Company or its Subsidiaries securing Indebtedness which may be
incurred or remain outstanding without resulting in an Event of Default
hereunder;

       

      (j)           Liens
in favor of Company or any Subsidiary of Company against any asset of Company or
any Subsidiary or Non-consolidated Affiliate of Company;

       

      (k)           Leases
that are not Capital Leases; and

       

      (l)           Liens
or other encumbrances of tenants of Company or its Subsidiaries.

       

      Permitted Investments
- Any of the following:

       

      (a)           owning,
leasing and operating gasoline station or convenience store properties, and
related petroleum distribution terminals, and other retail real property and
other related business activities, including the creation or acquisition of any
interest in any Subsidiary (or entity that following such creation or
acquisition would be a Subsidiary), for the purpose of owning, leasing and
operating gasoline station or convenience store properties, and related
petroleum distribution terminals, and other retail real property, and other
related business activities;

       

      (b)           acquisitions
of mortgages, provided that the aggregate amount of all such investments in
mortgages shall not exceed five percent (5%) of the Total Asset
Value;

       

      (c)           investments
in unimproved land, provided that the aggregate amount of all such investments
in unimproved land shall not exceed five percent (5%) of the Total Asset
Value;

       

      (d)           investments
in marketable securities traded on the New York Stock Exchange (NYSE), the
American Stock Exchange (AMEX) or NASDAQ (National Market System Issues only),
provided that the aggregate amount of such investments shall not exceed five
percent (5%) of the Total Asset Value;

       

      (e)           investments
in Non-consolidated Affiliates (excluding marketable securities described in
clause (d) above), provided that the aggregate amount of such investments shall
not exceed ten percent (10%) of the Total Asset Value; and

       

      
        
          
          

        

        
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      (f)           investments
in real property under development (i.e., a property which is being developed
for which a certificate of occupancy has not been issued), provided that the
aggregate amount of all such investments in development property shall not
exceed ten percent (10%) of the Total Asset Value.

       

      Person - Any natural
person, corporation, limited liability company, trust, joint venture,
association, company, partnership, Governmental Authority or other
entity.

       

      Plan - Any employee
pension benefit plan (other than a Multiemployer Plan) subject to the provisions
of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in
respect of which Company or any ERISA Affiliate is (or, if such plan were
terminated, would under Section 4069 of ERISA be deemed to be) an “employer” as
defined in Section 3(5) of ERISA.

       

      PMPA - The Petroleum
Marketing Practices Act, 15 U.S.C. § 2801 et seq.

       

      Principal Officer -
The President, the Chief Executive Officer, the Chief Financial Officer, the
Controller or a Vice President of Company or SPE Owner.

       

      Property or
Properties- The real property, including the Mortgage Properties, owned
by Company and/or any of its Subsidiaries, or in which Company or any of its
Subsidiaries has a leasehold interest.

       

      Purchase and Sale
Agreement - That certain Agreement of
Purchase and Sale dated December 12,
2008, between Seller and DAG Enterprises,
Inc., pursuant to which Seller agreed to sell and DAG Enterprises, Inc. agreed to purchase certain
property, including but not limited to, the Mortgage Properties, as such agreement has been amended and
assigned.

       

      Qualified Real Estate
Assets - Any Property that is (a) either (i) wholly owned, (ii) ground
leased under an Eligible Ground Lease by Company and its Subsidiaries or (iii)
an Eligible Leasehold Property; (b) is not subject to any liens other than
Permitted Encumbrances or, other than with respect to any Eligible Leasehold
Property, to any agreement that prohibits the creation of any lien thereon as
security for indebtedness of Company, (c) other than with respect to an Eligible
Leasehold Property, is not subject to any agreement, including the
organizational documents of the owner of the asset, which limits, in any way,
the ability of Company to create any lien thereon as security for indebtedness,
(d) is free from material structural defects and material title defects and (e)
except for those properties leased by Company to Getty Petroleum Marketing Inc.
or any affiliate of GPM Investments, LLC, is free from any material
environmental condition that impairs, in any material respect, the operation and
use of such premises for its intended purpose.

       

      Recording Event - The
occurrence of an Event of Default under this Agreement or the occurrence of a
Material Monetary Default, as such term is defined in the GPMI
Lease.

       

      Release Amount - With
respect to any Mortgage Property, amount set forth on the Schedule of Release
Amounts attached hereto.

       

      
        
          
          

        

        
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      Release Payment -
With respect to any Mortgage Property to be released pursuant to Section 3.2, an
amount equal to the Release Amount multiplied by 125%.

       

      Regulation D -
Regulation D of the Board comprising Part 204 of Title 12, Code of Federal
Regulations, as amended, and any successor thereto.

       

      Requirement of Law –
As to any Person, each law, treaty, rule or regulation or determination of an
arbitrator or a court or other Governmental Authority, in each case applicable
to or binding upon such Person or any of its property or to which such Person or
any of its property is subject.

       

      SEC - The Securities
and Exchange Commission.

       

      Secured Indebtedness
- All Indebtedness of Company and its Subsidiaries which is secured by a Lien on
any Properties including the Term Loan, from and after the occurrence of a
Recording Event or conversion to the Secured Loan.

       

      Secured Loan Maturity
Date - From the Conversion Date, at the election of SPE Owner, a date
that is either 5 or 7 years from the Conversion Date.

       

      Secured Recourse
Indebtedness - All Secured Indebtedness except Indebtedness with respect
to which recourse for payment is contractually limited (except for customary
exclusions) to the specific Property encumbered by the Lien securing such
Indebtedness and other than Indebtedness fully collateralized by cash or Cash
Equivalents and recourse is limited to such cash or Cash
Equivalents.

       

      Seller - ExxonMobil Oil Corporation, a New York corporation, and
ExxonMobil Corporation, a New Jersey corporation.

       

      Subsidiary - means,
with respect to any Person (the “parent”) at any date, any corporation, limited
liability company, partnership, association or other entity the accounts of
which would be consolidated with those of the parent in the parent’s
consolidated financial statements if such financial statements were prepared in
accordance with GAAP as of such date, as well as any other corporation, limited
liability company, partnership, association or other entity (a) of which
securities or other ownership interests representing more than 50% of the equity
or more than 50% of the ordinary voting power or, in the case of a partnership,
more than 50% of the general partnership interests are, as of such date, owned,
controlled or held, or (b) that is, as of such date, otherwise Controlled, by
the parent or one or more subsidiaries of the parent or by the parent and one or
more subsidiaries of the parent.  For all purposes under this
Agreement, SPE Owner shall be considered, in all respects, a Subsidiary of
Company.

       

      Subsidiary
Indebtedness - All Indebtedness of the Subsidiaries of the Company owing
to Persons other than Company or any other Subsidiary of Company, which
Indebtedness is not secured by a Lien on any income, Capital Stock, property or
other asset of a Subsidiary of Company, including, the Indebtedness of SPE Owner
in connection with the Term Loan.

       

      Tangible Net Worth -
The sum of the shareholders’ equity of Company and its Subsidiaries minus
goodwill, trademarks, tradenames, licenses and other intangible assets (as shown
on the balance sheet of Company), as determined on a consolidated basis in
accordance with GAAP.

       

      
        
          
          

        

        
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      Taxes or Tax - Any and all
present or future taxes, levies, imposts, duties, deductions, charges or
withholdings imposed by any Governmental Authority.

       

      Term Loan - As
defined in Section 2.1(a).

       

      Term Loan Maturity
Date - September 25, 2012.

       

      Term Loan Note - As
defined in Section 2.1 (b).

       

      Term Loan Closing Fee
- As defined in Section 2.5(a).

       

      Title Company -
Stewart Title Guaranty Company or such other national title company, licensed to
operate in the State of Maryland, selected by Borrower and acceptable to Lender
in its reasonable discretion.

       

      Title Insurance - One
or more title insurance commitments, binders or policies, as Lender may
reasonably require, issued by the Title Company, on a coinsurance or reinsurance
basis (with direct access endorsement or rights) if and as reasonably required
by Lender, in the maximum amount of the Loan insuring or committing to insure
that the Deed of Trust constitutes a valid first lien covering the applicable
Mortgage Property and the improvements thereon, subject only to the exceptions
listed thereon and agreed to by Lender in its sole discretion.

       

      Total Asset Value -
As of any relevant date, the sum of, without duplication, (i) for Properties
owned or leased for one full quarter or more, the quotient obtained by dividing
(a) EBITDA for such Properties for the most recently concluded fiscal quarter
multiplied by 4 by (b) 10.50%, (ii) for Properties owned or leased for less than
one full quarter, the cost of such Properties, including the cost of capital
expenditures actually incurred in connection with such Properties, (iii)
Unrestricted Cash and Cash Equivalents of Company and its consolidated
Subsidiaries as of such date, (iv) investments in Non-consolidated Affiliates,
valued at an amount equal to (a) EBITDA received by Company from such
Non-consolidated Affiliates for the most recently concluded fiscal quarter
multiplied by 4, divided by (b) 10.50%, (v) investments in marketable
securities, valued at the lower of “cost” or “market”, (vi) investments in land
and development properties, valued at “cost” and (vi) the book value of notes
and mortgages receivable.

       

      Total Indebtedness -
As of the date of determination, all Indebtedness of Company and its
Subsidiaries outstanding on such date.

       

      Total Liabilities -
For any Person, all liabilities which would be classified as liabilities on a
consolidated balance sheet of such person and its Subsidiaries in accordance
with GAAP, all guarantees and contingent obligations (excluding terminal
indemnifications or litigation which Company is not required to accrue as a
liability under GAAP) of such person and its Subsidiaries including, but not
limited to, letters of credit, net obligations arising under Hedging Agreements
(to the extent required to be reflected on the balance sheet of such Person, in
accordance with GAAP), forward equity commitments, obligations to pay the
deferred purchase price of property and the pro rata share of indebtedness of
Non-consolidated Affiliates.

       

      
        
          
          

        

        
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      Total Secured
Indebtedness - As of any date of determination, the aggregate of: (a)
Indebtedness of Company and its Subsidiaries outstanding as of such date,
secured by a Lien on any asset of Company and its Subsidiaries, and (b) all
Subsidiary Indebtedness outstanding as of such date.

       

      Total Unsecured
Indebtedness - As of the date of determination, all Indebtedness of
Company and its Subsidiaries (excluding Subsidiary Indebtedness) which is not
secured by Lien on any income, Capital Stock, property or other asset of Company
and its Subsidiaries.

       

      Transactions
-  The borrowing of the Term Loan by Borrower hereunder.

       

      Unencumbered Asset
Value - With respect to the Qualified Real Estate Assets, the sum of (a)
for Properties owned or leased for at least one full calendar quarter, the
quotient obtained by dividing (i) EBITDA for such Properties for the most recent
quarter multiplied by 4, by (ii) 10.5% and (b) for such Properties acquired
during the calendar quarter, the cost of such Properties, including the cost of
capital expenditures actually incurred in connection with such Properties. In
determination of Unencumbered Asset Value, properties under Eligible Ground
Leases (exclusive of any Property  that is an Eligible Leasehold
Property) shall be limited to maximum of 10% of Unencumbered Asset
Value.

       

      Unrestricted Cash and Cash
Equivalents - At any date of determination, the sum of: (a) the aggregate
amount of unrestricted cash then held by Company or any of its Subsidiaries,
plus (b) the aggregate amount of unrestricted Cash Equivalents (valued at fair
market value) then held Company or any of its Subsidiaries, plus (c) the
aggregate amount of cash or Cash Equivalents in restricted 1031 accounts for the
benefit of Company. As used in this definition, “Unrestricted” means, with
respect to any asset, the circumstance that such asset is not subject to any
Liens or claims of any kind in favor of any Person.

       

      Unsecured Debt Service
Coverage Ratio - As of the date of determination, the ratio of (a) EBITDA
from Qualified Real Estate Assets, for the most recently ended fiscal quarter to
(b) the sum of all interest incurred (accrued, paid or capitalized) plus all
regularly scheduled principal payments with respect to Total Unsecured
Indebtedness (excluding optional prepayments and balloon principal payments due
on maturity in respect of any Indebtedness) paid during such fiscal quarter, all
determined on a consolidated basis in accordance with GAAP.

       

      Withdrawal Liability
- Liability to a Multiemployer Plan as a result of a complete or partial
withdrawal from such Multiemployer Plan, as such terms are defined in Part I of
Subtitle E of Title IV of ERISA.

       

      1.2.           Accounting
Principles.  Except as otherwise expressly provided herein, all
terms of an accounting or financial nature shall be construed in accordance with
GAAP, as in effect from time to time; provided that, if Company or SPE Owner
notifies Lender that Company or SPE Owner requests an amendment to any provision
hereof to eliminate the effect of any change occurring after the date hereof in
GAAP or in the application thereof on the operation of such provision (or if
Lender notifies Company or SPE Owner that Lender requests an amendment to any
provision hereof for such purpose), regardless of whether any such notice is
given before or after such change in GAAP or in the application thereof, then
such provision shall be interpreted on the basis of GAAP as in effect and
applied immediately before such change shall have become effective until such
notice shall have been withdrawn or such provision amended in accordance
herewith.

       

      
        
          
          

        

        
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      1.3.           Construction.  No
doctrine of construction of ambiguities in agreements or instruments against the
interests of the party controlling the drafting shall apply to any Loan
Documents.

       

      SECTION  II

      THE
TERM LOAN

       

      2.1.           Term
Loan.

       

      a.        Lender
hereby agrees to advance to Borrower, subject to the terms and conditions of
this Agreement, the sum of TWENTY FIVE MILLION AND NO/100 DOLLARS ($25,000,000)
(the “Term
Loan”).

       

      b.        At
Closing, Borrower shall execute and deliver a promissory note to Lender in the
original principal amount of the Term Loan (the “Term Loan
Note”).  The Term Loan Note shall evidence Borrower’s
unconditional obligation to repay to Lender the Term Loan with interest as
herein provided. The Term Loan Note shall be in form and substance satisfactory
to Lender.

       

      c.        Beginning
on November 2, 2009, and continuing on the first day of each calendar month
thereafter until the Term Loan Maturity Date, the principal balance of the Term
Loan shall be paid in thirty-six (36) equal and consecutive monthly installments
of principal of $65,000 each.  A final installment of all unpaid
principal and all accrued and unpaid interest outstanding under the Term Loan
shall be due and payable on the Term Loan Maturity Date.

       

      2.2.        Payments.

       

      a.        Except
to the extent otherwise set forth in this Agreement (or in the case of an
Interest Hedging Instrument under the applicable agreements), all payments of
principal and of interest on the Term Loan and all Expenses, fees,
indemnification obligations and all other charges and any other Obligations of
Borrower, shall be made to Lender at its banking office, 2070 Chain Bridge
Road,  Suite 145, Vienna, Virginia 22182,  in United States
dollars, in immediately available funds.  Lender shall have the
unconditional right and discretion (and Borrower hereby authorizes Lender) to
charge Borrower’s operating and/or deposit account(s) for all of Borrower’s
Obligations as they become due from time to time under this Agreement including,
without limitation, interest, principal, fees, indemnification obligations and
reimbursement of Expenses.  Any payments received prior to 2:00 p.m.
Eastern time on any Business Day shall be deemed received on such Business
Day.  Any payments (including any payment in full of the Obligations),
received after 2:00 p.m. Eastern time on any Business Day shall be deemed
received on the immediately following Business Day.

       

      
        
          
          

        

        
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      2.3.        Interest.

       

      a.        The
unpaid principal balance of the Term Loan shall bear interest at a
per  annum rate equal to the greater of (i) Adjusted LIBOR Rate plus
the Applicable Margin and (ii) the Minimum Interest Rate.

       

      b.        Beginning
on November 2, 2009, and continuing on the first Business Day of each calendar
month thereafter until the Term Loan Maturity Date, Borrower shall pay interest
on the Term Loan at the rate specified in Section 2.3(a).

       

      c.        Interest
shall begin to accrue on the Term Loan on the date on which Lender deposits the
proceeds thereof in escrow with the Title Company

       

      2.4.        Additional Interest
Provisions.

       

      a.        Interest
on the Term Loan shall be calculated on the basis of a year of three hundred
sixty (360) days but charged for the actual number of days elapsed.

       

      b.        After
the occurrence and during the continuance of an Event of Default hereunder, the
per annum effective rate of interest on all outstanding principal under the Term
Loan, shall be increased by three hundred (300) basis points.  All
such increases may be applied retroactively to the date of the occurrence of the
Event of Default.  Borrower agrees that the default rate payable to
Lender is a reasonable estimate of Lender’s damages and is not a
penalty.

       

      c.        All
contractual rates of interest chargeable on outstanding principal under the Term
Loan shall continue to accrue and be paid even after Default, an Event of
Default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of
any kind or the happening of any event or occurrence similar or
dissimilar.

       

      d.        In
no contingency or event whatsoever shall the aggregate of all amounts deemed
interest hereunder and charged or collected pursuant to the terms of this
Agreement exceed the highest rate permissible under any law which a court of
competent jurisdiction shall, in a final determination, deem applicable
hereto.  In the event that such court determines Lender has charged or
received interest hereunder in excess of the highest applicable rate, Lender
shall apply, in its sole discretion, and set off such excess interest received
by Lender against other Obligations due or to become due and such rate shall
automatically be reduced to the maximum rate permitted by such law.

       

      2.5.        Fees and
Charges.

       

      a.        At
Closing, Lender shall have fully earned and Borrower shall unconditionally pay
to Lender a non-refundable fee with respect to the Term Loan (“Term Loan Closing
Fee”) of One Hundred Twenty Five Thousand Dollars ($125,000), less
amounts previously paid thereon.

       

      b.        Borrower
shall unconditionally pay to Lender a late charge equal to five percent (5%) of
any and all payments of principal or interest on the Term Loan that is not paid
within fifteen (15) days of the due date.  Such late charge shall be
due and payable regardless of whether Lender has accelerated the
Obligations.  Borrower agrees that any late fee payable to Lender is a
reasonable estimate of Lender’s damages and is not a penalty.

       

      
        
          
          

        

        
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      2.6.        Prepayments.

       

      a.        Borrower
may prepay the Term Loan in whole or in part at
any time or from time to time, without penalty or premium except as provided
herein, provided that (i) any such prepayments are in a minimum amount of
$500,000 and (ii) any prepayment shall be accompanied by all accrued and unpaid
interest.  Any partial prepayment of the Term Loan shall be applied to
the Term Loan in the inverse order of maturity.

       

      b.        Notwithstanding
the provisions of Section 2.6(a), any prepayment of the Term Loan, shall, if
such prepayment is the result of any refinancing of the Term Loan by any lender
or other party other than Lender, be accompanied by a fee equal to: (i) the
amount of principal prepaid, multiplied by 1.5% if such prepayment is made
within the first 12 months after the Closing Date; (ii) the amount of principal
prepaid, multiplied by 1% if such prepayment is made more than 12 months after
the Closing Date and less than 24 months after the Closing Date; and (iii) the
amount of principal prepaid, multiplied by 0.5%, if such prepayment is made more
than 24 months after the Closing Date and less than 30 months after the Closing
Date.  Notwithstanding the foregoing, Borrower shall have the right to
prepay the Term Loan, in whole or in part, at any time and from time to time,
without payment of any amounts described in this subsection (b) or any other
penalty or premium: (1) if the rate of interest payable in connection with this
loan is converted from the Adjusted LIBOR Rate to the Base Rate pursuant to this
Article II, and for so long as the rate of interest continues to be the Base
Rate; and (2) in connection with any Partial Release.

       

      c.        If
the full and final disposition of the Mortgage Property Litigation by a court of
competent jurisdiction results in any Affected Property (i) being released from
the lien Deed of Trust and/or (ii) having to be conveyed by SPE Owner to any
third party, then Borrower shall repay the Term Loan in an amount equal to the
Mortgage Property Litigation Release Payment for each such Affected
Property.  In addition, if Lender determines that the final
disposition of the Mortgage Property Litigation by a court of competent
jurisdiction has a Material Adverse Effect on the ability of the DAG Entity to
comply with its obligations under or pursuant to the DAG Lease, and such
Material Adverse Effect is reasonable likely to cause an Event of Default under
Section 7.2 of this Agreement, Lender shall have the right to give written
notice to Borrower requiring prepayment of the Term Loan in full, and Borrower
shall make such prepayment in full, without premium or penalty, within 45 days
after it receives such notice.

       

      2.7.           Use of
Proceeds.  The proceeds of the Term Loan shall be used to fund
up to fifty (50%) of the costs of Borrower’s acquisition of the Mortgage
Properties.

       

      2.8.           Capital
Adequacy.  If there is a change in any present law,
governmental rule, regulation, policy, guideline, directive or similar
requirement (whether or not having the force of law) or any such law,
governmental rule, regulation, policy, guideline, directive or similar
requirement is enacted after the date hereof, that imposes, modifies, or deems
applicable any capital adequacy, capital maintenance or similar requirement
which affects the manner in which Lender allocates capital resources to its
commitments (including any commitments hereunder but excluding any requirement
reflected in the Adjusted LIBOR Rate), and as a result thereof, in the
reasonable opinion of Lender, the rate of return on Lender’s capital with regard
to the Term Loan is reduced to a level below that which Lender could have
achieved but for such circumstances, then in such case and upon written notice
from Lender to Borrower, from time to time, Borrower shall pay Lender such
additional amount or amounts as shall compensate Lender for such reduction in
Lender’s rate of return.  Such notice shall contain the statement of
Lender with regard to any such amount or amounts which shall, in the absence of
manifest error, be binding upon Borrower.  In determining such amount,
Lender may use any reasonable method of averaging and attribution that it deems
applicable.

       

      
        
          
          

        

        
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      2.9.           Funding
Indemnity.  Borrower shall indemnify Lender, and hold Lender
harmless from any loss, damages, liability, or expense which Lender may sustain
or incur as a consequence of the making of a prepayment of the LIBOR Rate Loan
on a day which is not the last day of a LIBOR Interest Period with respect
thereto.  With respect to the LIBOR Rate Loan, such indemnification
shall equal the excess, if any, of (i) the amount of interest which would
have accrued on the amount so prepaid for the period from the date of such
prepayment until the end of the applicable LIBOR Interest Period at the
applicable rate of interest for the  LIBOR Rate Loan provided for
herein over (ii) the amount of interest (as reasonably determined by
Lender) which would have accrued to Lender on such amount by placing such amount
on deposit for a comparable period with leading banks in the London interbank
Eurodollar market. This covenant shall survive the termination of this
Agreement, and the payment of the Obligations.

       

      2.10.           Inability to Determine
Interest Rate. Notwithstanding any
other provision of this Agreement, if Lender shall reasonably determine (which
determination shall be conclusive and binding absent manifest error) that, (i)
by reason of circumstances affecting the relevant market, reasonable and
adequate means do not exist for ascertaining the Adjusted LIBOR Rate for a LIBOR
Interest Period, or (ii) the Adjusted LIBOR Rate does not adequately and fairly
reflect the cost to Lender of funding or maintaining the LIBOR Rate Loan during
a LIBOR Interest Period, Lender shall notify Borrower and thereafter will have
no obligation to make, fund or maintain the LIBOR Rate Loan, and thereafter the
LIBOR Rate Loan shall bear interest at the Base Rate, with the interest rate
being adjusted simultaneously with any change in the Base Rate.

       

      2.11.           Illegality.  Notwithstanding
any other provision of this Agreement, if the adoption of or any change in any
Requirement of Law or in the interpretation or application thereof to Lender by
the relevant Governmental Authority shall make it unlawful for Lender to make or
maintain the LIBOR Rate Loan as contemplated by this Agreement, or to obtain in
the interbank Eurodollar market, the funds with which to make or maintain the
Libor Rate Loan, (a) Lender shall promptly notify Borrower thereof, (b) the
commitment of Lender hereunder to continue the LIBOR Rate Loan shall forthwith
be suspended until Lender shall give notice that the condition or situation
which gave rise to the suspension shall no longer exist, and (c) the LIBOR Rate
Loan shall be converted on the last day of the current LIBOR Interest Period, or
within such earlier period as required by law, to a Base Rate
Loan.  Borrower hereby agrees promptly to pay Lender, upon its demand,
any additional amounts necessary to compensate Lender for actual and direct
costs (but not including anticipated profits) reasonably incurred by Lender in
connection with any repayment in accordance with this Section 2.11, including
but not limited to, any interest or fees payable by Lender to lenders of funds
obtained by it in order to make or maintain the LIBOR Rate Loan hereunder. A
certificate as to any additional amounts payable pursuant to this Section 2.11
submitted by Lender, to Borrower shall be presumptive evidence of such amounts
owing.  Lender agrees to use reasonable efforts to avoid or to
minimize any amounts which may otherwise be payable pursuant to this Section
2.11; provided however, that such efforts shall not cause the imposition on
Lender of any additional costs or legal or regulatory burdens deemed by Lender
in its reasonable discretion to be material.

       

      
        
          
          

        

        
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      2.12.           Requirements of
Law.

       

      a.        If
the adoption of or any change in any Requirement of Law or in the interpretation
or application thereof or compliance by Lender with any request or directive
(whether or not having the force of law) from any central bank or other
Governmental Authority made subsequent to the date hereof:

       

      i.           shall
subject Lender to any tax of any kind whatsoever with respect to the LIBOR Rate
Loan made by it, or change the basis of taxation of payments to Lender in
respect thereof (except for changes in the rate of tax on the overall net income
of Lender);

       

      ii.           shall
impose, modify, or hold applicable, any reserve, special deposit, compulsory
loan, or similar requirement against assets held by, deposits or other
liabilities in, or for the account of, advances, loans, or other extension of
credit (including participations therein) by, or any other acquisition of funds
by, any office of Lender which is not otherwise included in the determination of
the LIBOR Rate hereunder; or

       

      iii.           shall
impose on such Lender any other condition;

       

      and the result of any of the foregoing
is to materially increase the cost to Lender of making or maintaining the LIBOR
Rate Loan, or to materially reduce any amount receivable hereunder, or under the
Term Loan or the Term Loan Note, then, in any such case, Borrower shall promptly
pay Lender, upon its demand, any additional amounts necessary to compensate
Lender for such additional costs or reduced amount receivable which Lender
reasonably deems to be material as determined by Lender, with respect to the
LIBOR Rate Loan.  A certificate as to any additional amounts payable
pursuant to this Section 2.12 submitted by Lender to Borrower shall be
presumptive evidence of such amounts owing.  Lender agrees to use
reasonable efforts to avoid, or to minimize, any amounts which might otherwise
be payable pursuant to this Section 2.12; provided however, that such efforts
shall not cause the imposition on Lender of any additional costs or legal
regulatory burdens deemed by Lender in good faith to be material.

       

      The agreements in this Section 2.12
shall survive the termination of this Agreement and payment of the
Obligations.

       

      2.13.           Taxes.

       

      a.        Any
and all payments by or on account of any obligation of Borrower hereunder shall
be made free and clear of and without deduction for any Indemnified Taxes or
Other Taxes; provided that if Borrower shall be required to deduct any
Indemnified Taxes or Other Taxes from such payments, then

       

      i.        the
sum payable shall be increased as necessary so that after making all required
deductions (including deductions applicable to additional sums payable under
this Section) the Lender receives an amount equal to the sum it would have
received had no such deductions been made,

       

      
        
          
          

        

        
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      ii.        Borrower
shall make such deductions, and

       

      iii.        Borrower
shall pay the full amount deducted to the relevant Governmental Authority in
accordance with applicable law.

       

      b.        In
addition, Borrower shall pay any Other Taxes to the relevant Governmental
Authority in accordance with applicable law.

       

      c.        Borrower
shall indemnify Lender, within 10 days after written demand therefor, for the
full amount of any Indemnified Taxes or Other Taxes paid by Lender on or with
respect to any payment by or on account of any obligation of Borrower hereunder
(including Indemnified Taxes or Other Taxes imposed or asserted on or
attributable to amounts payable under this Section) and any penalties, interest
and reasonable expenses arising therefrom or with respect thereto, provided,
that, as to penalties, interest or expenses relating to Indemnified Taxes or
Other Taxes, Lender has provided reasonably prompt notice to Borrower after any
officer of Lender first becomes aware of such Indemnified Taxes or Other Taxes,
whether or not such Indemnified Taxes or Other Taxes were correctly or legally
imposed or asserted by the relevant Governmental Authority. A certificate as to
the amount of such payment or liability delivered to Borrower by Lender shall be
conclusive absent manifest error.

       

      d.        As
soon as practicable after any payment of Indemnified Taxes or Other Taxes by
Borrower to a Governmental Authority, Borrower shall deliver to Lender the
original or a certified copy of a receipt issued by such Governmental Authority
evidencing such payment, a copy of the return reporting such payment or other
evidence of such payment reasonably satisfactory to Lender.

       

      e.        If
Lender determines, in its reasonable good faith discretion, that it has received
a refund of any Taxes or Other Taxes as to which it has been indemnified by
Borrower or with respect to which Borrower has paid additional amounts pursuant
to this Section 2.13, it shall pay over such refund to Borrower (but only to the
extent of indemnity payments made, or additional amounts paid, by Borrower under
this Section 2.13 with respect to the Taxes or Other Taxes giving rise to such
refund), net of all out-of-pocket expenses of Lender and without interest (other
than any interest paid by the relevant Governmental Authority with respect to
such refund); provided, that Borrower, upon the request of Lender, agrees to
repay the amount paid over to Borrower (plus any penalties, interest or other
charges imposed by the relevant Governmental Authority to the extent imposed due
to any act or failure to act on the part of Borrower) to Lender in the event
Lender is required to repay such refund to such Governmental Authority. This
Section shall not be construed to require Lender to make available its tax
returns (or any other information relating to its taxes which it deems
confidential) to Borrower or any other Person.

       

      SECTION  III

      RECORDABLE
DOCUMENTS; PARTIAL RELEASE.

       

      3.1.           Recordation; Requirements
after a Recording Event.  Upon the occurrence and during the
continuance of a Recording Event, Lender shall have the right, in its sole
discretion, to (A) order appraisals, at Borrower’s expense, of each of the
Mortgaged Properties, and (B) record the Deed of Trust (if not already recorded
by Borrower) in the appropriate land records.  In addition, after a
Recording Event, Borrower shall, within thirty (30) days after a demand
therefor, deliver to Lender:

       

      
        
          
          

        

        
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      a.        to
the extent not already delivered to Lender, one or more current surveys of the
Mortgaged Properties, prepared by a registered surveyor or engineer and
certified to Lender, Borrower and the Title Company, in form and substance
acceptable to Lender, showing all easements, building or setback lines, rights
of way and dedications affecting the Land and showing no state of facts which
would have an adverse effect on the value of the Mortgaged
Properties;

       

      b.        evidence
reasonably satisfactory to Lender showing the availability of all necessary
utilities at the boundary lines of the Land, including sanitary and storm sewer
facilities, potable water, telephone, electricity, gas and municipal
services;

       

      c.        evidence
that the current and proposed use of the Mortgage Properties complies with all
Legal Requirements, including but not limited to copies of any and all (i)
certificates of occupancy, (ii) special use permits, (iii) beer/wine/liquor
permits, and (iv) petroleum handling and other related permits;

       

      d.        evidence,
which shall include any zoning reports received by Borrower with respect to the
Mortgage Property and any zoning confirmation letters received from the cities
in which the Mortgage Property is located, that all applicable zoning ordinances
and restrictive covenants affecting the Land permit the use for which the
improvements thereon are intended and have been or will be complied
with;

       

      e.        one
or more Phase I Environmental Site Assessment Reports with respect to the
Mortgage Property prepared by a firm of engineers approved by Lender, which
report shall be satisfactory in form and substance to Lender, and if required by
Lender one or more Phase II Environmental Site Assessment Reports, expanded
Phase II Environmental Site Assessment Reports, a Phase II Site Remediation
Reports and copies of all testing results with respect to any of the Mortgage
Property and any and all other environmental due diligence received or reviewed
by Purchaser or Borrower in connection with its purchase of the Mortgage
Property;

       

      f.        certificates
or other evidence showing that Borrower has obtained the insurance required by
the Deed of Trust (or that the DAG Entity under the DAG Lease has procured the
insurance required thereby) and the other Loan Documents;

       

      g.        copies
of any and all Contracts in effect at the Mortgage Properties including but not
limited to any Contracts relating to maintenance and landscaping, utilities,
parking agreements, personal property leases, joint use agreements, option
agreements, or any other service or maintenance contracts;

       

      h.        a
full size, single sheet copy of all recorded subdivision or plat maps of the
Land approved (to the extent required by Legal Requirements) by all Governmental
Authorities, if applicable, and legible copies of all instruments representing
exceptions to the state of title to the Mortgage Properties;

       

      
        
          
          

        

        
          24

          
            

          

        

        
          
          

        

      

      i.        the
Title Insurance, which shall be at the sole expense of Borrower;

       

      j.        payment
of all of Lender’s attorneys’ fees, closing costs, taxes (including, without
limitation, recordation tax for filing of the Deed of Trust and any financing
statements perfecting the security interests created thereby) and recordation
costs.

       

      If Borrower elects to record the Deed
of Trust prior to a Recording Event, then, notwithstanding anything contained
herein to the contrary, SPE Owner shall have the right, so long as no Recording
Event has occurred and is continuing and the Term Loan has not been converted to
the Secured Loan, to request, in writing, that Lender release the Deed of Trust
on one or more of the Mortgage Properties from the applicable land records,
provided that such written request shall contain a certification from a
Principal Officer of SPE Owner that no Recording Event has occurred and is
continuing.  After receipt of the request and certification described
above, Lender agrees to release any such applicable Deed of Trust and will use
commercially reasonable efforts to cause such release to be delivered to SPE
Owner within 10 Business Days provided that (i) Borrower pays all costs
associated with such removal, and (ii) prior to such removal, Borrower shall
deliver to Lender as many additional fully executed and notarized Deeds of Trust
as may be required by Lender.

       

      3.2.           Partial
Release.  Lender shall consent to the sale or other transfer
one or more of the individual gas station sites which comprise the Mortgage
Properties together with the improvements thereon (hereinafter whether one or
more, a “Release
Lot”), and if the Deed of Trust has been and continues to be recorded in
the applicable land records, a release of the Release Lot from the lien of the
Deed of Trust (each a “Partial Release”)
upon the satisfaction of each and every of the following conditions precedent
(singularly and collectively referred to as a “Partial Release
Condition”):

       

      a.        No
Event of Default shall have occurred and be continuing;.

       

      b.        Not
more than ten (10) Partial Releases shall be permitted;

       

      c.        The
Partial Release shall only be permitted in conjunction with a sale of the
Release Lot to a third-party who is not an Affiliate or Subsidiary of Borrower
or Company and such sale shall be evidenced by a written agreement;

       

      d.        Borrower
shall, simultaneously with the completion of the Partial Release of the Release
Lot, make a mandatory prepayment of the Term Loan in an amount equal to the
applicable Release Payment for such Release Lot;

       

      e.        Such
Partial Release shall not constitute a Material Adverse Effect;

       

      f.        Borrower
shall sell or otherwise transfer the Release Lot to another party such that
Borrower retains no ownership interest in, or liabilities or obligations with
respect to, such Release Lot other than the customary post closing obligations
in a purchase and sale agreement;

       

      g.        Borrower
shall deliver to Lender a copy of any proposed sales contract showing the sales
price and the anticipated closing date, together with a schedule (certified as
true and complete by Borrower) setting forth all of commissions and other
closing costs.  If the Deed of Trust is recorded in the applicable
land records at the time of the Partial Release, Borrower also shall deliver to
Lender (at Borrower’s expense) (i) an updated title report or commitment (issued
by the Title Company) reflecting that no additional title matters cover the
portions of the Mortgage Property not released, other than the title matters set
forth in the title insurance policy (the “Title Policy”) issued
by such Title Company and delivered and accepted by Lender in conjunction with
the funding of the Term Loan and any other title matters that would not, in the
aggregate, have a Material Adverse Effect, and (ii) an endorsement to the Title
Policy bringing the date of the Title Policy to the date of the Partial Release
and evidencing the continued first lien priority of the Deed of Trust (and with
no such additional title matters);

       

      
        
          
          

        

        
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      h.        Borrower
shall submit a prepared partial release instrument (the “Partial Release
Instrument”) which must be deemed reasonably satisfactory to Lender, and
any information necessary for Lender to process the Partial Release Instrument,
including a lot and block or metes and bounds description of the Release Lot,
the name and address of the title insurance company, if any, to whose attention
the Partial Release Instrument should be directed, numbers that reference the
Partial Release Instrument (i.e., tax parcel numbers, title company order
numbers, release numbers, etc.), the date when the Partial Release is to become
effective, and such other documents and information as Lender may reasonably
request in order to process the Partial Release request.  The Partial
Release Instrument shall be delivered and recorded in accordance with Lender’s
escrow requirements, requiring delivery of the Release Payment to Lender prior
to delivery and (if
the Deed of Trust is recorded in the applicable land records at the time of the
Partial Release)
recordation of the Partial Release Instrument and the satisfaction of all
Partial Release Conditions.  In no event shall the execution and
delivery of a Partial Release Instrument affect any of Lender’s obligations
under the Loan Documents; and

       

      i.        All
reasonable costs and expenses incurred by Lender in connection with the review,
approval and execution of any Partial Release shall be paid by Borrower prior to
and as a condition of the execution of any Partial Release Instrument, including
(but not limited to), all costs incurred in connection with the Release Payment,
reasonable attorneys’ fees, all costs and expenses of Lender incurred in
connection with obtaining the endorsement to the Title Policy.  All
recording fees and taxes with respect to the Partial Release are to be paid by
Borrower or the applicable purchaser, as may be allocated in accordance with the
applicable purchase agreement.

       

      3.3.           Conversion
Option.  Subject to the conditions contained in this Section
3.3, Borrower shall have the right, within 90 days from the Closing Date, to
convert the Term Loan into a secured term loan (the “Secured Loan”; after
the Conversion (as defined below) of the Term Loan to the Secured Loan, each
reference in this Agreement and the other Loan Documents to the term “Term Loan”
shall thereafter be deemed a reference to the “Secured Loan”).  The
conversion of the Term Loan into the Secured Loan (the “Conversion”) may only
occur if, as of the Conversion Date, (i) no Event of Default has occurred and is
continuing, (ii) Lender has ordered and received appraisals on each of the
Mortgage Properties which evidence, in the determination of Lender, that the
Conversion LTV has been satisfied, (iii) all of the requirements of Section 3.1
are satisfied, and (iv) Lender has received all resolutions, consents and
certificates it requires, in its sole but reasonable discretion, relating to the
Conversion ((i)-(iv) collectively, the “Conversion
Conditions”).  If the Conversion Conditions have been
satisfied, the Conversion will be evidenced and documented by amending or
modifying this Agreement and any other Loan Document as Lender may require (the
“Conversion
Documents”) to incorporate the following terms and conditions in form and
substance acceptable to Lender:

       

      
        
          
          

        

        
          26

          
            

          

        

        
          
          

        

      

      a.        The
maturity date of the Secured Loan shall be the Secured Loan Maturity Date, as
selected by Borrower prior to the Conversion Date;

       

      b.        The
unpaid principal balance of the Secured Loan shall bear interest at a
per  annum rate equal to the greater of (i) Adjusted LIBOR Rate plus the Conversion
Margin and (ii) the Minimum Interest Rate;

       

      c.        The
joint and several personal liability for repayment of the Secured Loan
by  Company and Getty Properties shall be limited to only the
following (i) repayment of principal up to $12,500,000, plus (ii) accrued and
unpaid interest thereon, and (iii) all costs of collection with respect
thereto;

       

      d.        Substitutions
of Mortgage Properties for Property substituted pursuant to the DAG Lease,
provided that such substituted Property is acceptable to Lender in its sole but
reasonable discretion;

       

      e.        The
Secured Loan shall be secured by the Deed of Trust on each of the Mortgage
Properties and by a first priority security interest in (A) all the assets of
SPE Owner, and (B) a pledge of all of the stock of the SPE Owner by Company;
and

       

      f.        The
Title Company insures without exception for the Mortgage Property Litigation, to
the satisfaction of Lender in its reasonable discretion, the first priority lien
of the Deed of Trust encumbering each Mortgage Property subject to the Mortgage
Property Litigation.

       

      SECTION  IV

      CLOSING
AND CONDITIONS PRECEDENT

       

      Closing under this Agreement is subject
to the following conditions precedent (all instruments, documents and agreements
to be in form and substance satisfactory to Lender and Lender’s
counsel):

       

      4.1.           Resolutions, Opinions, and
Other Documents.  SPE Owner and Company, as applicable, shall
have delivered, or caused to be delivered to Lender the following:

       

      a.        this
Agreement, the Term Loan Note and each of the other Loan Documents all properly
executed, notarized or acknowledged as appropriate;

       

      b.        (i)
certified copies of resolutions of SPE Owner’s and Company’s  board of directors’ or
managing members (as applicable) authorizing the execution, delivery and
performance of this Agreement, the Term Loan Note and each of the other Loan
Documents to which each is a party required to be delivered by any Section
hereof, (ii) certified copies of the articles or certificate of incorporation,
bylaws, articles or certificate of organization and operating agreement of SPE
Owner and Company, (iii) a certificate of incumbency for the officers of
SPE Owner and Company executing the Loan Documents or any certificates related
thereto, (iv) a good standing certificate, dated not more than 30 days
prior to the Closing Date, from the appropriate state official of any state in
which SPE Owner and Company are incorporated or qualified to do business (other
than, with respect to the latter, for any jurisdiction where the failure to be
so qualified could not reasonably be expected to result in a Material Adverse
Effect), and (v) such additional supporting documents as Lender or counsel
for Lender reasonably may request.

       

      
        
          
          

        

        
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      c.        a
written opinion of Company’s in-house counsel addressed to Lender and opinions
of such other counsel as Lender deems reasonably necessary;

       

      d.        such
financial statements, reports, certifications and other operational information
of SPE Owner and Company as Lender may reasonably require, satisfactory in all
respects to Lender;

       

      e.        certification
by the Chief Financial Officer of Company that there has not occurred any
material adverse change in the operations and condition (financial or otherwise)
of Company since June 30, 2009;

       

      f.        such  financing
statement, judgment and tax lien searches reflecting that there are no Liens
outstanding against the Mortgage Properties and Lender shall have received duly
executed and enforceable payoff letters from the holders of any Liens containing
provisions for the termination of such Liens acceptable to Lender;

       

      g.        the
final, duly executed Purchase and Sale Agreement, which shall be acceptable to
Lender in its sole discretion, and shall provide for a purchase price of not
more than $51,000,000;

       

      h.        SPE
Owner’s five (5) year operating projection (including income and expenses) with
respect to the Mortgage Properties, which shall be acceptable to Lender in its
sole discretion;

       

      i.        evidence
that there is no litigation pending with respect to SPE Owner or Company that
could reasonably be expected to have a Material Adverse Effect;

       

      j.        the
final, duly executed DAG Lease providing for annual rent, on a triple net basis,
of not less than $5,400,000;

       

      k.        copies
of all title reports, surveys, environmental reports, remediation agreements,
environmental insurance policies, zoning reports, certificates of occupancy,
permits, licenses, Contracts, dealer agreements, supply agreements, distribution
agreements and any other such certificates, reports, studies or documents
relating to the ownership, leasing and operation of the Mortgage Property and/or
SPE Owner’s acquisition thereof obtained by SPE Owner or Company in connection
with the purchase of the Mortgage Properties and the leasing thereof to
DAG;

       

      l.        evidence
of all insurance required to be maintained by Borrower pursuant to the Loan
Documents, which shall be acceptable to Lender in its sole
discretion;

       

      m.        a
copy of the final executed Klienfelder Agreement;

       

      n.        evidence
that environmental liability insurance providing insurance on a “claims made
basis” (as opposed to an “occurrence basis”) against liability for third-party
bodily injury and property damage for pre-existing and new conditions on- and
off-site and clean-up of unknown pre-existing conditions and new conditions on-
and off-site with respect to the Mortgage Properties, with limits of liability
no less than the amounts set forth in the environmental insurance policy or
certificates obtained by Borrower and approved by Lender as of the date hereof,
copies of which have been provided to Lender, has been obtained;
and

       

      o.        such
other documents reasonably required by Lender.

       

      
        
          
          

        

        
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      4.2.           Absence of Certain
Events.  At the Closing Date, no Default or Event of Default
hereunder shall have occurred and be continuing.

       

      4.3.           Warranties and
Representations at Closing.  The warranties and representations
contained in Section 5 as well as any other Section of this Agreement shall be
true and correct in all respects on the Closing Date with the same effect as
though made on and as of that date.  Company and/or SPE Owner shall
not have taken any action or permitted any condition to exist which would have
been prohibited by any Section hereof.

       

      4.4.           Compliance with this
Agreement.  Company and SPE Owner shall have performed and
complied with all agreements, covenants and conditions contained herein
including, without limitation, the provisions of Sections 6 and 7 hereof, which
are required to be performed or complied with by Company and SPE Owner before or
at the Closing Date.

       

      4.5.           Officers’
Certificate.  Lender shall have received a certificate dated
the Closing Date and signed by the chief financial officer of Borrower
certifying that all of the conditions specified in this Section have been
fulfilled.

       

      4.6.           Closing.  Subject
to the conditions of this Section, the Term Loan shall be made on the date
hereof (the “Closing
Date”) contemporaneously with the execution hereof (“Closing”).

       

      4.7.           Waiver of
Rights.  Disbursement of the Term Loan shall be evidence that
all of the conditions to closing set forth above have been satisfied or waived
by Lender unless otherwise agreed in writing by Borrower and Lender; provided,
however, that by completing the Closing hereunder, Lender does not thereby waive
a breach of any warranty or representation made by Company or SPE Owner
hereunder or under any agreement, document, or instrument delivered to Lender or
otherwise referred to herein, and any claims and rights of Lender resulting from
any breach or misrepresentation by Company or SPE Owner are specifically
reserved by Lender.

       

      4.8.           Fees and Expenses.
Borrower shall have paid all fees including, without limitation, the Term
Loan Closing Fee, the cost of any and all appraisal fees, environmental fees and
the Expenses associated with the Tem Loan.

       

      SECTION  V

      REPRESENTATIONS
AND WARRANTIES

       

      To induce Lender to complete the
Closing and make the Term Loan to Borrower, Company and Borrower warrant and
represent to Lender that:

       

      
        
          
          

        

        
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      5.1.           Organization;
Powers.  Each of Company and its Subsidiaries is duly
organized, validly existing and in good standing under the laws of the
jurisdiction of its organization, has all requisite power and authority to carry
on its business as now conducted and, except where the failure to do so,
individually or in the aggregate, could not reasonably be expected to result in
a Material Adverse Effect, is qualified to do business in, and is in good
standing in, every jurisdiction where such qualification is required. Borrower
represents and warrants that it has delivered to Lender true, correct and
complete copies of its articles or certificates of incorporation, and that such
articles or certificates have not been amended, modified, supplemented or
replaced since the date of delivery to Lender.

       

      5.2.           Authorization;
Enforceability.  The Transactions are within SPE Owner’s and
Company’s’ corporate powers, as applicable, and have been duly authorized by all
necessary corporate and, if required, stockholder action. This Agreement has
been duly executed and delivered by  SPE Owner and Company and
constitutes a legal, valid and binding obligation of Company and SPE Owner,
enforceable in accordance with its terms, subject to applicable bankruptcy,
insolvency, reorganization, moratorium or other laws affecting creditors’ rights
generally and subject to general principles of equity, regardless of whether
considered in a proceeding in equity or at law.

       

      5.3.           Governmental Approvals; No
Conflicts.  The Transactions:

       

      a.        do
not require any consent or approval of, registration or filing with, or any
other action by, any Governmental Authority, except such as have been obtained
or made and are in full force and effect,

       

      b.        will
not violate any applicable law or regulation or the charter, by-laws or other
organizational documents of Company or any of its Subsidiaries or any order of
any Governmental Authority,

       

      c.        will
not violate or result in a default under any indenture, agreement or other
instrument binding upon Company or any of its Subsidiaries or its assets, or
give rise to a right thereunder to require any payment to be made by Company or
any of its Subsidiaries except for any such
violation or default that, individually or in the aggregate, could not
reasonably be expected to result in a Material Adverse Effect,
and

       

      d.        will
not result in the creation or imposition of any Lien on any asset of Company or
any of its Subsidiaries.

       

      5.4.           Financial Condition; No
Material Adverse Change.

       

      a.        Company
has heretofore furnished to the Lenders its consolidated balance sheet and
statements of income, stockholders equity and cash flows as of and for the
fiscal year ended December 31, 2008, reported on by PricewaterhouseCoopers LLP,
independent registered public accountants. Such financial statements present
fairly, in all material respects, the financial position and results of
operations and cash flows of Company and its consolidated Subsidiaries as of
such dates and for such periods in accordance with GAAP.

       

      b.        
Since December 31, 2008, there has been no material adverse change in the
business, assets, prospects or condition, financial or otherwise, of Company and
its Subsidiaries, taken as a whole.

       

      
        
          
          

        

        
          30

          
            

          

        

        
          
          

        

      

      5.5.           Properties.

       

      a.        Each
of Company and its Subsidiaries has good title to, or valid leasehold interests
in, all its real and personal property material to its business, except where
the failure to have such good title or valid leasehold interest could not
reasonably be expected to have a Material Adverse Effect.

       

      b.        Each
of Company and its Subsidiaries owns, or is licensed to use, all trademarks,
tradenames, copyrights, patents and other intellectual property material to its
business, except where the impairment of such ownership or license is not
reasonably expected to have a Material Adverse Effect, and the use thereof by
Company and its Subsidiaries does not infringe upon the rights of any other
Person, except for any such infringements that, individually or in the
aggregate, could not reasonably be expected to result in a Material Adverse
Effect.

       

      5.6.           No Material
Litigation.  Except for such litigation previously disclosed by
Company in its periodic filings made with the SEC or on Schedule 5.6, no
litigation, investigation or proceeding of or before any arbitrator or
Governmental Authority is pending or, to the knowledge of Company, threatened by
or against Company or any of its Subsidiaries or against any of its or their
respective properties or revenues with respect to this Agreement, any of the
other documents or agreements executed and delivered in connection therewith, or
any of the transactions contemplated hereby, or which could reasonably be
expected to have a Material Adverse Effect.

       

      5.7.           Compliance with Laws and
Agreements.  Each of Company and its Subsidiaries is in
compliance with all laws, regulations and orders of any Governmental Authority
applicable to it or its property and all indentures, agreements and other
instruments binding upon it or its property, except where the failure to do so,
individually or in the aggregate, could not reasonably be expected to result in
a Material Adverse Effect. No Default has occurred and is
continuing.

       

      5.8.           Investment and Holding
Company Status.  Neither Company nor any of its Subsidiaries
is

       

      a.        an
“investment company” as defined in, or subject to regulation under, the
Investment Company Act of 1940 or

       

      b.        a
“holding company” as defined in, or subject to regulation under, the Public
Utility Holding Company Act of 1935.

       

      5.9.           Taxes.  Each
of Company and its Subsidiaries has timely filed or caused to be filed all tax
returns and reports required to have been filed and has paid or caused to be
paid all Taxes required to have been paid by it, except (a) Taxes that are being
contested in good faith by appropriate proceedings and for which Company or such
Subsidiary, as applicable, has set aside on its books adequate reserves or (b)
to the extent that the failure to do so could not reasonably be expected to
result in a Material Adverse Effect.

       

      
        
          
          

        

        
          31

          
            

          

        

        
          
          

        

      

      5.10.           ERISA.  No
ERISA Event has occurred or is reasonably expected to occur that, when taken
together with all other such ERISA Events for which liability is reasonably
expected to occur, could reasonably be expected to result in a Material Adverse
Effect. The present value of all accumulated benefit obligations under each Plan
(based on the assumptions used for purposes of Statement of Financial Accounting
Standards No. 87) did not, as of the date of the most recent financial
statements reflecting such amounts, exceed the fair market value of the assets
of such Plan by an amount which could reasonably be expected to result in a
Material Adverse Effect, and the present value of all accumulated benefit
obligations of all underfunded Plans (based on the assumptions used for purposes
of Statement of Financial Accounting Standards No. 87) did not, as of the date
of the most recent financial statements reflecting such amounts, exceed the fair
market value of the assets of all such underfunded Plans by an amount which
could reasonably be expected to result in a Material Adverse
Effect.

       

      5.11.           Federal
Regulations.  Neither the making of the Term Loan nor the use
of the proceeds thereof will be used for any purpose which violates or is
inconsistent with the provisions of Regulation U of the Board.

       

      5.12.           Environmental
Matters.  Except to the extent that the facts and circumstances
giving rise to any such failure to be so true and correct, in the aggregate,
could not reasonably be expected to have a Material Adverse Effect or have been
previously disclosed by Company in its periodic filings made with the SEC or
have been otherwise disclosed by Company or SPE Owner to Lender:

       

      a.        The
Properties do not contain any Materials of Environmental Concern in amounts or
concentrations which constitute a violation of, or could reasonably give rise to
liability under, Environmental Laws;

       

      b.        The
Properties and all operations at the Properties are in compliance with all
applicable Environmental Laws, and there is no violation of any Environmental
Law with respect to the Properties;

       

      c.        Neither
Company nor any of its Subsidiaries has received any notice of violation,
alleged violation, non-compliance, liability or potential liability regarding
environmental matters or compliance with Environmental Laws with regard to any
of the Properties that (except for sites in pre-delineation phase) has not been
or is not currently the subject of a remedial action work plan the applicable
governmental authority, nor does Company have knowledge or reason to believe
that any such notice will be received or is being threatened.

       

      d.        Materials
of Environmental Concern have not been transported or disposed of from the
Properties in violation of, or in a manner or to a location which could
reasonably give rise to liability under, Environmental Laws, nor have any
Materials of Environmental Concern been generated, treated, stored or disposed
of at, on or under any of the Properties in violation of, or in a manner that
could give rise to liability under, any applicable Environmental
Laws.

       

      e.        Except
for such actions previously disclosed by Company  in its periodic
filings made with the SEC, no judicial proceeding or governmental or
administrative action is pending, or, to the knowledge of Company, threatened,
under any Environmental Law to which Company or any of its Subsidiaries is or,
to the knowledge of Company, will be named as a party with respect to the
Properties, nor are there any consent decrees or other decrees, consent orders,
administrative orders or other orders, or other administrative of judicial
requirements outstanding under any Environmental Law with respect to the
Properties.

       

      
        
          
          

        

        
          32

          
            

          

        

        
          
          

        

      

      f.        There
has been no release or threat of release of Materials of Environmental Concern
at or from the Properties, or arising from or related to the operations of
Company and its Subsidiaries in connection with the Properties in violation of
or in amounts or in a manner that could give rise to liability under
Environmental Laws.

       

      5.13.           Insurance.  Company
and each of its Subsidiary maintains with insurance companies rated at least A-
by A.M. Best & Co., with premiums at all times currently paid, insurance
upon fixed assets, including general and excess liability insurance, fire and
all other risks insured against by extended coverage, employee fidelity bond
coverage, business interruption insurance, and all insurance required by law,
all in form and amounts required by law and customary to the respective natures
of their businesses and properties, except in cases where failure to maintain
such insurance will not have or potentially have a Material Adverse
Effect.

       

      5.14.           Condition of
Properties.  Each of the following representations and
warranties is true and correct except to the extent disclosed on Schedule 5.6 or
that the facts and circumstances giving rise to any such failure to be so true
and correct, in the aggregate, could not reasonably be expected to have a
Material Adverse Effect:

       

      a.        All
of the improvements located on the Properties and the use of said improvements
comply and shall continue to comply in all respects with all applicable zoning
resolutions, building codes, subdivision and other similar applicable laws,
rules and regulations and are covered by existing valid certificates of
occupancy and all other certificates and permits required by applicable laws,
rules, regulations and ordinances or in connection with the use, occupancy and
operation thereof.

       

      b.        No
material portion of any of the Properties, nor any improvements located on said
Properties that are material to the operation, use or value thereof, have been
damaged in any respect as a result of any fire, explosion, accident, flood or
other casualty.

       

      c.        No
condemnation or eminent domain proceeding has been commenced or to the knowledge
of Company is about to be commenced against any portion of any of the
Properties, or any improvements located thereon that are material to the
operation, use or value of said Properties.

       

      d.        No
notices of violation of any federal, state or local law or ordinance or order or
requirement have been issued with respect to any Properties.

       

      5.15.           REIT
Status.  Company is a real estate investment trust under
Sections 856 through 860 of the Code.

       

      5.16.           Disclosure.  Company
has disclosed to Lender all agreements, instruments and corporate or other
restrictions to which it or any of its Subsidiaries is subject, and all other
matters known to it, that, individually or in the aggregate, could reasonably be
expected to result in a Material Adverse Effect. None of the reports, financial
statements, certificates or other information furnished by or on behalf of
Company to Lender in connection with the negotiation of this Agreement or
delivered hereunder (as modified or supplemented by other information so
furnished) contains any material misstatement of fact or omits to state any
material fact necessary to make the statements therein, in the light of the
circumstances under which they were made, not misleading; provided that, with
respect to projected financial information, Company represents only that such
information was prepared in good faith based upon assumptions believed to be
reasonable at the time.

       

      
        
          
          

        

        
          33

          
            

          

        

        
          
          

        

      

      5.17.           Anti-Terrorism
Laws.

       

      a.        General.  Neither
Company nor any of its Subsidiaries is in violation of any Anti-Terrorism Law or
intentionally engages in or conspires to engage in any transaction that evades
or avoids, or has the purpose of evading or avoiding, or attempts to violate,
any of the prohibitions set forth in any Anti-Terrorism Law.

       

      b.        Executive Order No.
13224.   Neither Company nor any of its Subsidiaries is
any of the following (each a “Blocked
Person”):

       

      i.           a
Person that is listed in the annex to, or is otherwise subject to the provisions
of, the Executive Order No. 13224;

       

      ii.           a
Person owned or controlled by, or acting for or on behalf of, any Person that is
listed in the annex to, or is otherwise subject to the provisions of, the
Executive Order No. 13224;

       

      iii.           a
Person with which Lender is prohibited from dealing or otherwise engaging in any
transaction by any Anti-Terrorism Law;

       

      iv.           a
Person that commits, threatens or conspires to commit or supports “terrorism” as
defined in the Executive Order No. 13224;

       

      v.           a
Person that is named as a “specially designated national” on the most current
list published by the U.S. Treasury Department Office of Foreign Asset Control
at its official website or any replacement website or other replacement official
publication of such list; or

       

      vi.           a
Person who is affiliated with a Person listed above.

       

      5.18.           DAG
Lease.  To Borrower’s knowledge, the DAG Lease is in full force
and effect, has not been amended, modified, supplemented or replaced, and there
are no defaults or events of default under the DAG Lease.

       

      SECTION  VI

      AFFIRMATIVE
COVENANTS

       

      Until all of the Obligations are paid
and satisfied in full, Company and SPE Owner covenant and agree with
Lender:

       

      
        
          
          

        

        
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      6.1.           Financial Statements and
Other Information.  Company and SPE Owner will furnish to
Lender:

       

      a.        as
soon as available, but in any event, on or before the tenth day following the
date on which the following are required to be filed with the SEC, Company’s
audited consolidated balance sheet and related statements of operations,
stockholders’ equity and cash flows as of the end of and for such year, setting
forth in each case in comparative form the figures for the previous fiscal year,
all reported on by PricewaterhouseCoopers LLP or other independent public
accountants of recognized national standing (without a “going concern” or like
qualification or exception and without any qualification or exception as to the
scope of such audit) to the effect that such consolidated financial statements
present fairly in all material respects the financial condition and results of
operations of Company and its consolidated Subsidiaries on a consolidated basis
in accordance with GAAP consistently applied. The report on Form 10K filed with
the SEC shall satisfy the requirement of this clause (a) and shall be deemed
delivered to Lender so long as the same is posted on Company’s Web
site;

       

      b.        as
soon as available, but in any event, on or before the tenth day following the
date on which the following are required to be filed with the SEC, Company’s
consolidated balance sheet and related statements of operations, stockholders’
equity and cash flows as of the end of and for such fiscal quarter and the then
elapsed portion of the fiscal year, setting forth in each case in comparative
form the figures for the corresponding period or periods of (or, in the case of
the balance sheet, as of the end of) the previous fiscal year, all certified by
one of its Financial Officers as presenting fairly in all material respects the
financial condition and results of operations of Company and its consolidated
Subsidiaries on a consolidated basis in accordance with GAAP consistently
applied, subject to normal year-end audit adjustments and the absence of
footnotes. The report on Form 10-Q filed with the SEC shall satisfy the
requirement of this clause (b) and shall be deemed delivered to Lender so long
as the same is posted on Company’s website;

       

      c.        concurrently
with any delivery of financial statements under clause (a) or (b) above (or, if
such physical delivery is not required, within the time provided therein), a
certificate of a Principal Officer of Company

       

      i.           certifying
as to whether a Default has occurred and, if a Default has occurred, specifying
the details thereof and any action taken or proposed to be taken with respect
thereto,

       

      ii.           setting
forth reasonably detailed calculations demonstrating compliance with Section 7.1
and

       

      iii.           stating
whether any material change in the application of GAAP has occurred since the
date of the audited financial statements referred to in Section 5.4 and, if any
such change has occurred, specifying the effect of such change on the financial
statements accompanying such certificate;

       

      d.        as
soon as available and, in any event, within 120 days after the end of each
fiscal year of SPE Owner, SPE Owner shall deliver unaudited financial statements
consisting of the balance sheet of SPE Owner as of the end of such fiscal year,
and the related statements of profit and loss, stockholder’s equity and cash
flow for such fiscal year, all in reasonable detail and all prepared in
accordance with GAAP. Such financial statements
shall be certified to be accurate in all material respects to the knowledge of
the SPE Owner (exclusive of footnote disclosures);

       

      
        
          
          

        

        
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      e.        as
soon as available and in any event within 60 days of the last month of each
fiscal quarter of SPE Owner, SPE Owner shall deliver unaudited financial
statements consisting of the balance sheet of SPE Owner as of the end of such
fiscal quarter, and the related statements of profit and loss, stockholder’s
equity and cash flow for such fiscal quarter for the period commencing at the
end of the previous fiscal quarter and ending with the end of such fiscal
quarter, all in reasonable detail and all prepared in accordance with
GAAP.  Such financial statements shall be certified to be accurate in
all material respects to the knowledge of SPE Owner (subject to year-end
adjustments and exclusive of footnote disclosures);

       

      f.        promptly
after the same become publicly available, copies of all periodic and other
reports, proxy statements and other required filings filed by Company or any
Subsidiary with the SEC or any Governmental Authority succeeding to any or all
of the functions of the SEC, or with any national securities exchange, or
distributed by Company to its share-holders generally, as the case may be,
provided that in lieu of delivery of such information, Company may send a notice
to Lender referencing that Company’s website contains copies of such
materials;

       

      g.        prompt
written notice to Lender of the delivery or receipt by SPE Owner of a written
notice of default with respect to the DAG Lease; and

       

      h.        promptly
following any request therefor, such other information regarding the operations,
business affairs and financial condition of Company or any of its Subsidiaries,
or compliance with the terms of this Agreement, as Lender may reasonably
request, so long as disclosure of such information could not result in a
violation of, or expose Company or its Subsidiaries to any material liability
under, any applicable law, ordinance or regulation or any agreements with
unaffiliated third parties that are binding on Company, or any of its
Subsidiaries or on any Property of any of them, provided that in lieu of
delivery of such information, Company may send a notice to Lender referencing
that Company ‘s website contains such information.

       

      6.2.           Notices of Material
Events.  Company will furnish to Lender prompt written notice
of the following:

       

      a.        the
occurrence of any Default, upon the Company obtaining knowledge of such
Default;

       

      b.        the
filing or commencement of any action, suit or proceeding by or before any
arbitrator or Governmental Authority against or affecting Company, any
Subsidiary of Company  or any Affiliate thereof that in either case,
if not cured or if adversely determined, could reasonably be expected to result
in a Material Adverse Effect;

       

      c.        the
occurrence of any ERISA Event that, alone or together with any other ERISA
Events that have occurred, could reasonably be expected to result in a Material
Adverse Effect; and

       

      
        
          
          

        

        
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      d.        any
other development that results in, or could reasonably be expected to result in,
a Material Adverse Effect so long as disclosure of such information could not
result in a violation of, or expose Company or its Subsidiaries to any material
liability under, any applicable law, ordinance or regulation or any agreements
with unaffiliated third parties that are binding on Company, or any of its
Subsidiaries or on any Property of any of them.

       

      Each notice delivered under this
Section shall be accompanied by a statement of a Principal Officer or other
executive officer of Company setting forth the details of the event or
development requiring such notice and any action taken or proposed to be taken
with respect thereto.

       

      6.3.           Existence; Conduct of
Business; REIT Status.  Company will, and will cause each of
its Subsidiaries to, do or cause to be done all things necessary to preserve,
renew and keep in full force and effect its legal existence and the rights,
licenses, permits, privileges and franchises material to the conduct of its
business, except where the failure to so preserve, renew or keep in force and
effect could not reasonably be expected to have a Material Adverse
Effect.  Company shall do all things necessary to preserve, renew and
keep in full force and effect its status as a real estate investment trust under
Sections 856 through 860 of the Code.

       

      6.4.           Payment of
Obligations.  Company will, and will cause each of its
Subsidiaries to, pay its obligations, including Tax liabilities, that, if not
paid, could result in a Material Adverse Effect before the same shall become
delinquent or in default, except where

       

      a.        the
validity or amount thereof is being contested in good faith by appropriate
proceedings,

       

      b.        Company
or such Subsidiary has set aside on its books adequate reserves with respect
thereto in accordance with GAAP and

       

      c.        the
failure to make payment pending such contest could not reasonably be expected to
result in a Material Adverse Effect.

       

      6.5.           Maintenance of Properties;
Insurance.  Company will, and will cause each of its
Subsidiaries to:

       

      a.        use
commercially reasonable efforts to cause its tenants to keep and maintain all
property material to the conduct of their business in good working order and
condition, ordinary wear and tear excepted, except where the failure to so
maintain and repair could not reasonably be expected to have a Material Adverse
Effect; and

       

      b.        maintain,
with financially sound and reputable insurance companies, insurance in such
amounts and against such risks as are customarily maintained by companies
engaged in the same or similar businesses operating in the same or similar
locations.

       

      6.6.           Books and Records;
Inspection Rights.  Company will, and will cause each of its
Subsidiaries to, keep proper books of record and account in which full, true and
correct entries are made of all dealings and transactions in relation to its
business and activities. Company will, and will cause each of its Subsidiaries
to, permit any representatives designated by Lender, upon reasonable prior
notice during normal business hours, to visit and inspect its properties, to
examine and make extracts from its books and records, and to discuss its
affairs, finances and condition with its officers and independent accountants,
all at such reasonable times and as often as reasonably requested.

       

      
        
          
          

        

        
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      6.7.           Compliance with
Laws.  Company will, and will cause each of its Subsidiaries
to, comply with all laws, rules, regulations and orders of any Governmental
Authority applicable to it or its property, except where the failure to do so,
individually or in the aggregate, could not reasonably be expected to result in
a Material Adverse Effect.

       

      6.8.           Environmental
Laws.

       

      a.        Company
will, and will cause each of its Subsidiaries to comply with, and use
commercially reasonable efforts to ensure compliance by all tenants and
subtenants, if any, with, all applicable Environmental Laws and obtain and
comply with and maintain, and use commercially reasonable efforts to ensure that
all tenants and subtenants obtain and comply with and maintain, any and all
licenses, approvals, notifications, registrations or permits required by
applicable Environmental Laws, except to the extent that failure to do so could
not be reasonably expected to have a Material Adverse Effect.

       

      b.        Company
will, or will cause its Subsidiaries to conduct and complete, or use
commercially reasonable efforts to ensure that its tenants conduct and complete
(provided that if such tenants fail to do so, Company shall conduct and
complete) all investigations, studies, sampling and testing, and all remedial,
removal and other actions required under Environmental Laws and promptly comply
in all material respects with all lawful orders and directives of all
Governmental Authorities regarding Environmental Laws, except to the extent
that:

       

      i.           the
same are being contested in good faith by appropriate proceedings and the
pendency of such proceedings could not be reasonably expected to have a Material
Adverse Effect or

       

      ii.           Company
has determined in good faith that contesting the same or complying with such
requirement is not in the best interests of Company and its Subsidiaries and the
failure to contest or comply with the same could not be reasonably expected to
have a Material Adverse Effect.

       

      c.        Defend,
indemnify and hold harmless Lender, and their respective employees, agents,
officers and directors, from and against any claims, demands, penalties, fines,
liabilities, settlements, damages, costs and expenses (whether arising
pre-judgment or post-judgment) of whatever kind or nature known or unknown,
contingent or otherwise, arising out of, or in any way relating to the violation
of, noncompliance with or liability under any Environmental Laws applicable to
the operations of Company, its Subsidiaries or the Properties, or any orders,
requirements or demands of Governmental Authorities related thereto, including
attorney’s and consultant’s fees, investigation and laboratory fees, response
costs, court costs and litigation expenses, except to the extent that any of the
foregoing arise out of the fraud, gross negligence or willful misconduct of any
party indemnified hereunder. Notwithstanding anything to the contrary in this
Agreement, this indemnity shall continue in full force and effect regardless of
the termination of this Agreement.

       

      
        
          
          

        

        
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      SECTION  VII

      NEGATIVE
COVENANTS

       

      Until all of the Obligations are paid
and satisfied in full, Company and SPE Owner covenant and agree with
Lender:

       

      7.1.           Financial Covenants of
Company.  Company shall not:

       

      a.        Total Liabilities to Total
Asset Value.  Permit, at the last day of any fiscal quarter,
the ratio of (i) Total Liabilities to (ii) Total Asset Value to be greater than
0.50:1.00.

       

      b.        Total Secured Indebtedness
to Total Asset Value.  Permit, at the last day of any fiscal
quarter, the ratio of (i) Total Secured Indebtedness to (ii) Total Asset Value
to be greater than 0.20:1.00.

       

      c.        Fixed Charge Coverage
Ratio.  Permit, at the last day of any fiscal quarter, the
Fixed Charge Coverage Ratio to be less than 2.00:1.00.

       

      d.        Tangible Net
Worth.  Permit Tangible Net Worth to be less than $180,120,000
plus 80% of the net equity proceeds received, if any, by Company from any equity
offering, occurring after the Closing Date.

       

      e.        Total Unsecured Indebtedness
to Unencumbered Asset Value.  Permit, as of the last day of any
fiscal quarter, the ratio of (i) Total Unsecured Indebtedness to (ii)
Unencumbered Asset Value to be greater than 0.55:1.00.

       

      f.        Unsecured Debt Service
Coverage Ratio.  Permit, at the last day of any fiscal quarter,
the Unsecured Debt Service Coverage Ratio to be less than
2.00:1.00.

       

      g.        Unencumbered Asset
Value.  Permit, as of the last day of any fiscal quarter, the
Unencumbered Asset Value to be less than $200,000,000.

       

      h.        Unencumbered Asset Value for
a Single Asset. Permit any single asset to comprise more that fifteen
percent (15%) of the total Unencumbered Asset Value.

       

      For purposes of calculating compliance
with this Section 7.1, and notwithstanding how any terms may have been defined
elsewhere in this Agreement, all of the foregoing tests shall be measured on a
consolidated basis for Company and its Subsidiaries.

       

      7.2.           NOI to Debt Service
Ratio.  SPE Owner shall not permit, at the last day of any
fiscal quarter of SPE Owner, the NOI to Debt Service Ratio of the SPE Owner to
be less than 2.00:1.00.

       

      7.3.           Indebtedness.  Company
will not, and will not permit any of its Subsidiaries to, create, incur, assume
or permit to exist any Indebtedness except:

       

      a.        Indebtedness
created hereunder;

       

      
        
          
          

        

        
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      b.        Indebtedness
under the Company Credit Agreement and extensions, renewals and replacements of
any such Indebtedness that do not increase the outstanding principal amount
thereof;

       

      c.        Indebtedness
existing on the date hereof and set forth in Schedule 7.2 and extensions,
renewals and replacements of any such Indebtedness that do not increase the
outstanding principal amount thereof;

       

      d.        Indebtedness
of Company to any of its Subsidiaries and of any Subsidiary of Company to
Company or any other Subsidiary of Company;

       

      e.        Guarantees
by Company of Indebtedness of any of its Subsidiaries and by any Subsidiary of
Company of Indebtedness of Company or any other Subsidiary of Company;
and

       

      f.        Indebtedness
which, after giving effect thereto, may be incurred or may remain outstanding
without giving rise to an Event of Default under Section 7.1.

       

      7.4.           Liens.  Company
will not, and will not permit any of its Subsidiaries to, create, incur, assume
or permit to exist any Lien on any property or asset now owned or hereafter
acquired by it, or assign or sell any income or revenues (including accounts
receivable) or rights in respect of any thereof, except:

       

      a.        Liens
securing the Obligations;

       

      b.        Permitted
Encumbrances;

       

      c.        any
Lien on any property or asset of Company or any of its Subsidiaries existing on
the date hereof and set forth in Schedule 7.4; provided that

       

      i.           such
Lien shall not apply to any other property or asset of Company or any of its
Subsidiaries and

       

      ii.           such
Lien shall secure only those obligations which it secures on the date hereof and
extensions, renewals and replacements thereof that do not increase the
outstanding principal amount thereof; and

       

      d.        any
Lien existing on any property or asset prior to the acquisition thereof
by  Company or any of its Subsidiaries or existing on any property or
asset of any Person that becomes a Subsidiary of Company after the date hereof
prior to the time such Person becomes a Subsidiary of Company; provided
that

       

      i.           such
Lien is not created in contemplation of or in connection with such acquisition
or such Person becoming a Subsidiary of Company, as the case may
be,

       

      ii.           such
Lien shall not apply to any other property or assets of Company or any
Subsidiary of Company, and

       

      iii.           such
Lien shall secure only those obligations which it secures on the date of such
acquisition or the date such Person becomes a Subsidiary of Company, as the case
may be and extensions, renewals and replacements thereof that do not increase
the outstanding principal amount thereof.

       

      
        
          
          

        

        
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      e.        Liens
created by any tenant to secure its obligations to a third party.

       

      7.5.           Limitation on Certain
Fundamental Changes.  Company will not, and will not permit any
Subsidiary of Company to:

       

      a.        enter
into any merger, consolidation or amalgamation,

       

      b.        liquidate,
wind up or dissolve itself (or suffer any liquidation or dissolution),
or

       

      c.        convey,
sell, lease, assign, transfer or otherwise dispose of, all or a substantial
portion of its property, business or assets,

       

      (each such
transaction referred to in the preceding clauses (a), (b) and (c), a “Capital
Transaction”), unless

       

      i.           such
Capital Transaction as described in clauses (b) and (c) does not involve all or
a substantial portion of the property, business or assets owned or leased by
Company and its Subsidiaries determined on a consolidated basis with respect to
Company and its Subsidiaries taken as a whole,

       

      ii.           there
is no Default or Event of Default, before and after giving effect to such
Capital Transaction, and

       

      iii.           
without limiting the foregoing, Company is in compliance with all covenants
under Section 7.1 after giving effect to such Capital Transaction, and would
have been in compliance therewith for the most recent fiscal quarter if such
Capital Transaction had been given effect during such fiscal
quarter.

       

      Notwithstanding the foregoing, (a) any
Subsidiary of Company may merge with and into Company or any other Subsidiary of
Company, and (b) any other Person may merge with and into Company or a
Subsidiary of Company so long as (i) Company shall notify Lender not less than
thirty (30) days prior to such event, (ii) no Default or Event of Default
(including, without limitation, an Event of Default under Section 7.1 hereof)
shall have occurred and is then outstanding or would occur as result of such
merger, and (iii) the surviving entity shall, if not Company or a Subsidiary of
Company prior to such merger, execute such documents and agreements as may be
reasonably required by Lender.

       

      7.6.           Limitation on Restricted
Payments.  Unless otherwise required (as estimated) in order to
maintain Company’s status as a real estate investment trust, Company shall not
declare or pay any dividend (other than dividends payable solely in the same
class of Capital Stock) or other distribution (whether in cash, securities or
other property) on, or make any payment on account of, or set apart assets for a
sinking or other analogous fund for, the purchase, redemption, defeasance,
cancellation, termination, retirement or other acquisition of, any shares of any
class of Capital Stock of Company or any warrants or options to purchase any
such Capital Stock, whether now or hereafter outstanding, or make any other
distribution in respect thereof, either directly or indirectly, whether in cash
or property or in obligations of Company or any Subsidiary of Company
(collectively, “Restricted
Payments”); provided that notwithstanding the foregoing,

       

      
        
          
          

        

        
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      i.           during
any fiscal year of Company, Company may make Restricted Payments in an aggregate
amount not to exceed the greater of (a) 105% of FFO for such period and (b) the
amount of estimated dividends required to be paid by Company in order to
maintain its status as a real estate investment trust under the Code,
and

       

      ii.           dividends
and distributions may be paid by any Subsidiary of Company to
Company.

       

      Solely for the purpose of this Section
7.5, all references to shares in the definition of “Capital Stock” shall be to
common shares only.

       

      7.7.           Limitation on Investments,
Loans and Advances.  Except as otherwise expressly permitted in
this Agreement, Company will not, and will not permit any Subsidiary of Company
to make any advance, loan, extension of credit or capital contribution to any
Person, or purchase any stock, bonds, notes, debentures or other securities of
or any assets constituting a business unit of, or otherwise make any investment
in, any Person, or acquire or otherwise make any investment in any real property
other than Permitted Investments, provided that the aggregate amount of all
Permitted Investments described in clauses (b) through (f) of the definition
thereof of Company and its Subsidiaries shall not exceed twenty percent (20%) of
the Total Asset Value.

       

      7.8.           Limitation on Transactions
with Affiliates.  Company will not, and will not permit any
Subsidiary of Company to enter into any transaction, including any purchase,
sale, lease or exchange of property or the rendering of any service, with any
Affiliate unless:

       

      a.        no
Default or Event of Default would occur as a result thereof and

       

      b.        either
(x) such transaction is (i) in the ordinary course of the business of Company or
any of its Subsidiaries that is a party thereto and (ii) upon fair and
reasonable terms no less favorable to Company or any of its Subsidiaries that is
a party thereto or is affected thereby than would be obtained in a comparable
arm’s length transaction with a Person that is not an Affiliate, or (y) such
transaction is a lease from a Subsidiary of Company holding title to Property to
Getty Properties Corp. or (z) such transaction is between or among any of SPE
Owner, Getty Properties Corp. and Company.

       

      7.9.           Limitation on Changes in
Fiscal Year.  Company shall not permit its fiscal year to end
on a day other than December 31, unless otherwise required by any applicable
law, rule or regulation.

       

      7.10.           Limitation on Lines of
Business; Creation of Subsidiaries; Negative Pledges.  Company
will not, and will not permit any Subsidiary of Company to, except for Permitted
Investments, engage in activities other than real estate business and real
estate related business activities, and in activities permitted for real estate
investment trusts under the Code, either directly or through taxable REIT
subsidiaries.

       

      
        
          
          

        

        
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      7.11.           Hedging Agreements.
Company will not, and will not permit any of its Subsidiaries to, enter into any
Hedging Agreement, except

       

      a.        Hedging
Agreements entered into to hedge or mitigate risks to which Company or any
Subsidiary of Company has actual or anticipated exposure (other than those in
respect of Equity Interests of Company or any of its Subsidiaries),
and

       

      b.        Hedging
Agreements entered into in order to effectively cap, collar or exchange interest
rates (from fixed to floating rates, from one floating rate to another floating
rate or otherwise) with respect to any interest-bearing liability or investment
of Company or any Subsidiary of Company.

       

      7.12.           Secured Recourse
Indebtedness. Neither Company nor any Subsidiary of Company shall incur
any Secured Recourse Indebtedness which exceeds five percent (5%) of Total Asset
Value.

       

      7.13.           DAG
Lease.  The DAG Lease will not be amended, modified,
supplemented or replaced (each, a “Lease Modification”)
without the express written consent of Lender which shall not be unreasonably
withheld; provided, however, that Lender consent shall not be required if a
Lease Modification will not have a Material Adverse Effect on SPE
Owner.  If any Lease Modification requires the consent of Lender, then
(w) SPE Owner shall send prompt written notice to Lender which shall contain a
reasonably detailed description of the Lease Modification; (x) Lender shall have
a period of 10 Business Days from the date it receives such notice within which
to approve or reject the Lease Modification; (y) if Lender fails to respond in
such 10 Business Day period, Borrower shall send a second written notice (which
shall contain the same description of the proposed Lease Modification as
Borrower’s first written notice) to Lender stating, in bold 14 point type, that
Lender’s failure to respond to such second notice within 10 Business Days from
the date of Lender’s receipt thereof will result in the Lease Modification being
deemed approved by Lender; and (z) if Lender fails to timely respond to the
second written notice delivered by Borrower, than the Lease Modification shall
be deemed approved by Lender.

       

      7.14.           Single Purpose
Entity.  Notwithstanding anything contained herein to the
contrary, SPE Owner has not since the date of its formation and shall
not:

       

      a.        fail
to be organized solely for the purpose of (i) acquiring, developing, owning,
leasing, financing, managing or otherwise operating the Mortgage Property, and
(ii) engaging in any activity that is incidental, necessary or appropriate to
accomplish the foregoing;

       

      b.        engage
in any business or activity other than the ownership, development, leasing,
financing, management, operation and maintenance of the Mortgage
Property;

       

      c.        acquire
or own any material assets other than (i) the Mortgage Property, and (ii) such
incidental personal property as may be necessary for the operation of the
Mortgaged Property;

       

      d.        merge
into or consolidate with any Person or entity or dissolve, terminate or
liquidate in whole or in part, transfer or otherwise dispose of all or
substantially all of its assets or change its legal structure (except as
otherwise permitted in this Agreement);

       

      
        
          
          

        

        
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      e.        fail
to preserve its existence as an entity duly organized, validly existing and in
good standing (if applicable) under the laws of the jurisdiction of its
organization or formation, and qualification to do business in the states or
districts where the Mortgage Property is located, if applicable, or without the
prior written consent of Lender, take any action that would cause SPE Owner to
limit, amend, modify, terminate or fail to comply with the provisions of this
Section 7.14;

       

      f.        commingle
its assets with the assets of any of its members, general partners, Affiliates,
principals or of any other Person or entity nor fail to hold all of its assets
in its own name; or

       

      g.        incur
any Indebtedness, secured or unsecured, direct or contingent (including
guaranteeing any obligation), other than the Obligations, except for trade
payables in the ordinary course of its business of owning and operating the
Mortgage Property, provided that such Indebtedness is not evidenced by a note
and is paid when due, and except as otherwise permitted in this
Agreement.

       

      SECTION  VIII

      DEFAULT

       

      8.1.           Events of
Default.  Each of the following events shall constitute an
event of default (“Event of
Default”):

       

      a.        Borrower
shall fail to pay any principal due on the Term Loan when and as the same shall
become due and payable, whether at the due date thereof or at a date fixed for
prepayment thereof or otherwise, and such failure shall continue unremedied for
a period of five Business Days;

       

      b.        Borrower
shall fail to pay any interest on the Term Loan or any fee or any other amount
(other than an amount referred to in clause (a) of this Section) payable under
this Agreement or any other Loan Document, when and as the same shall become due
and payable, and such failure shall continue unremedied for a period of five
Business Days;

       

      c.        any
representation or warranty made or deemed made by or on behalf of Company or any
Subsidiary of Company in or in connection with this Agreement or any amendment
or modification hereof or waiver hereunder or any other Loan Document, or in any
report, certificate, financial statement or other document furnished pursuant to
or in connection with this Agreement or any amendment or modification hereof or
waiver hereunder or any other Loan Document, shall prove to have been incorrect
in any material respect when made or deemed made;

       

      d.        Company
or SPE Owner, as applicable, shall fail to observe or perform any covenant,
condition or agreement contained in Section 6.1, 6.2, or 6.3 or in Section
VII;

       

      e.        Company
or SPE Owner, as applicable, shall fail to observe or perform any covenant,
condition or agreement contained in this Agreement or any other Loan Document
(other than those specified in clause (a), (b) or (d) of this Section) and such
failure shall continue unremedied for a period of 30 days after notice thereof
from Lender;

       

      
        
          
          

        

        
          44

          
            

          

        

        
          
          

        

      

      f.        Company
or any Subsidiary of Company shall fail to make any payment (whether of
principal or interest and regardless of amount) in respect of any Material
Indebtedness, when and as the same shall become due and payable and any
applicable notice and cure period with respect thereto shall have
expired;

       

      g.        a
default, beyond any applicable grace or cure period, occurs with respect to any
Material Indebtedness that results in such Material Indebtedness becoming due
prior to its scheduled maturity or that enables or permits the holder or holders
of any Material Indebtedness or any trustee or agent on its or their behalf to
cause any Material Indebtedness to become due, and or to require the prepayment,
repurchase, redemption or defeasance thereof, prior to its scheduled maturity;
provided that this clause (g) shall not apply to secured Indebtedness that
becomes due as a result of the voluntary sale or transfer, or transfer by
eminent domain, of the property or assets securing such
Indebtedness;

       

      h.        an
involuntary proceeding shall be commenced or an involuntary petition shall be
filed seeking

       

      i.           liquidation,
reorganization or other relief in respect of Company or any Subsidiary of
Company or its debts, or of a substantial part of its assets, under any Federal,
state or foreign bankruptcy, insolvency, receivership or similar law now or
hereafter in effect or

       

      ii.           the
appointment of a receiver, trustee, custodian, sequestrator, conservator or
similar official for Company or any Subsidiary of Company or for a substantial
part of its assets,

       

      and, in
any such case, such proceeding or petition shall continue undismissed for 90
days or an order or decree approving or ordering any of the foregoing shall be
entered;

       

      i.        Company
or any Subsidiary of Company shall

       

      i.           voluntarily
commence any proceeding or file any petition seeking liquidation, reorganization
or other relief under any Federal, state or foreign bankruptcy, insolvency,
receivership or similar law now or hereafter in effect,

       

      ii.           consent
to the institution of, or fail to contest in a timely and appropriate manner,
any proceeding or petition described in clause (h) of this Section,

       

      iii.           apply
for or consent to the appointment of a receiver, trustee, custodian,
sequestrator, conservator or similar official for Company or any Subsidiary of
Company or for a substantial part of its assets,

       

      iv.           file
an answer admitting the material allegations of a petition filed against it in
any such proceeding, or

       

      v.           make
a general assignment for the benefit of creditors;

       

      
        
          
          

        

        
          45

          
            

          

        

        
          
          

        

      

      j.        Company
or any Subsidiary of Company shall become unable, admit in writing its inability
or fail generally to pay its debts as they become due;

       

      k.        one
or more judgments for the payment of money in an aggregate amount in excess of
$5,000,000 shall be rendered against Company, any Subsidiary of Company or any
combination thereof and the same shall remain undischarged for a period of 30
consecutive days during which execution shall not be effectively stayed, or any
action shall be legally taken by a judgment creditor to attach or levy upon any
assets of Company or any Subsidiary of Company to enforce any such
judgment;

       

      l.        an
ERISA Event shall have occurred that, in the opinion of the Lender, when taken
together with all other ERISA Events that have occurred, could reasonably be
expected to have a Material Adverse Effect;

       

      m.        Company
shall cease, for any reason, to maintain its status as a real estate investment
trust under Sections 856 through 860 of the Code;

       

      n.        at
any time Company or any of its Subsidiaries shall be required to take any
actions in respect of environmental remediation and/or environmental compliance,
the aggregate expenses, fines, penalties or other charges with respect to which,
in the reasonable judgment of Lender, could reasonably be expected to exceed
$2,500,000, in any fiscal year of Company, or $5,000,000, in the aggregate,
during the term of this Agreement; provided that for purposes of determining
compliance with this subsection (n) such amounts shall not include the expenses,
fines, penalties and other charges that Company estimates will be due in
connection with those environmental remediation and/or environmental compliance
procedures and actions in existence as of the Closing Date and described on
Schedule 8.1 attached hereto and provided further that, any such remediation or
compliance shall not be taken into consideration for the purposes of determining
whether an Event of Default has occurred pursuant to this subsection (n)
if:

       

      i.           such
remediation or compliance is being contested by Company or the applicable
Subsidiary in good faith by appropriate proceedings or

       

      ii.           such
remediation or compliance is satisfactorily completed within 90 days from the
date on which Company or the applicable Subsidiary receives notice that such
remediation or compliance is required, unless such remediation or compliance
cannot reasonably be completed within such 90 day period in which case such time
period shall be extended for a period of time reasonably necessary to perform
such compliance or remediation using diligent efforts (but not to exceed 180
days, if the continuance of such remediation or compliance beyond such 180 day
period, in the reasonable judgment of Lender, could reasonably be expected to
have a Material Adverse Effect);

       

      o.        a
Change in Control shall occur; or

       

      p.        The
occurrence of an event of default under the Company Credit Agreement or any
other Loan Document and the expiration of all applicable notice and cure periods
with respect thereto:

       

      
        
          
          

        

        
          46

          
            

          

        

        
          
          

        

      

      then, and
in every such event (other than an event with respect to Company or SPE Owner
described in clause (h) or (i) of this Section), and at any time thereafter
during the continuance of such event, Lender shall, by notice to Company and SPE
Owner, declare the Term Loan and all other Obligations to be due and payable in
whole (or in part, in which case any principal not so declared to be due and
payable may thereafter be declared to be due and payable), and thereupon the
principal of the Term Loan and all other Obligations so declared to be due and
payable, together with accrued interest thereon and all fees and other
obligations of Borrower accrued hereunder, shall become due and payable
immediately, without presentment, demand, protest or other notice of any kind,
all of which are hereby waived by Borrower; and in case of any event with
respect to Company or Borrower described in clause (h) or (i) of this Section,
the principal of the Term Loan and the other Obligations then outstanding,
together with accrued interest thereon and all fees and other obligations of
Borrower accrued hereunder, shall automatically become due and payable, without
presentment, demand, protest or other notice of any kind, all of which are
hereby waived Borrower.  In addition to the rights set forth above,
Lender shall have all rights available to it under Section 3
hereof.

       

      SECTION  IX

      MISCELLANEOUS

       

      9.1.           Governing
Law.  THIS AGREEMENT, AND ALL MATERS ARISING OUT OF OR RELATING
TO THIS AGREEMENT, AND ALL RELATED AGREEMENTS AND DOCUMENTS, SHALL BE GOVERNED
BY AND CONSTRUED IN ACCORDANCE WITH THE SUBSTANTIVE LAWS OF THE STATE OF
MARYLAND.   THE PROVISIONS OF THIS AGREEMENT AND ALL OTHER
AGREEMENTS AND DOCUMENTS REFERRED TO HEREIN ARE TO BE DEEMED SEVERABLE, AND THE
INVALIDITY OR UNENFORCEABILITY OF ANY PROVISION SHALL NOT AFFECT OR IMPAIR THE
REMAINING PROVISIONS WHICH SHALL CONTINUE IN FULL FORCE AND EFFECT.

       

      9.2.           Integrated
Agreement.  The Term Loan Note, the other Loan Documents, all
related agreements, and this Agreement shall be construed as integrated and
complementary of each other, and as augmenting and not restricting Lender’s
rights and remedies.  If, after applying the foregoing, an
inconsistency still exists, the provisions of this Agreement shall constitute an
amendment thereto and shall control.

       

      9.3.           Waiver.  No
omission or delay by Lender in exercising any right or power under this
Agreement or any related agreements and documents will impair such right or
power or be construed to be a waiver of any Default, or Event of Default or an
acquiescence therein, and any single or partial exercise of any such right or
power will not preclude other or further exercise thereof or the exercise of any
other right, and as to Borrower no waiver will be valid unless in writing and
signed by Lender and then only to the extent specified.

       

      9.4.           Indemnity.

       

      a.           Borrower
releases and shall indemnify, defend and hold harmless Lender and its respective
officers, employees and agents, of and from any claims, demands, liabilities,
obligations, judgments, injuries, losses, damages and costs and expenses
(including, without limitation, reasonable, out-of-pocket legal fees) resulting
from (i) acts or conduct of Company or SPE Owner under, pursuant or related to
this Agreement and the other Loan Documents, (ii) Company’s or SPE Owner’s
breach or violation of any representation, warranty, covenant or undertaking
contained in this Agreement or the other Loan Documents, (iii) Company’s or SPE
Owner’s failure to comply with any or all applicable laws, statutes, ordinances,
governmental rules, regulations or standards, whether federal, state or local,
or court or administrative orders or decrees, (including without limitation
Environmental Laws, etc.), and (iv) any claim by any other creditor of Company
or SPE Owner against Lender arising out of any transaction whether hereunder or
in any way related to the Loan Documents and all reasonable, out-of-pocket
costs, expenses, fines, penalties or other damages resulting therefrom, unless
resulting solely from acts or conduct of Lender constituting fraud, willful
misconduct or gross negligence by Lender or any of Lender’s
affiliates.

       

      
        
          
          

        

        
          47

          
            

          

        

        
          
          

        

      

      b.        Promptly
after receipt by an indemnified party under subsection (a) above of notice of
the commencement of any action by a third party, such indemnified party shall,
if a claim in respect thereof is to be made against the indemnifying party under
such subsection, notify the indemnifying party in writing of the commencement
thereof.  The omission so to notify the indemnifying party shall
relieve the indemnifying party from any liability which it may have to any
indemnified party under such subsection only if the indemnifying party is unable
to defend such actions as a result of such failure to so notify.  In
case any such action shall be brought against any indemnified party and it shall
notify the indemnifying party of the commencement thereof, the indemnifying
party shall be entitled to participate therein and, to the extent that it shall
wish, jointly with any other indemnifying party similarly notified, to assume
the defense thereof, with counsel reasonably satisfactory to such indemnified
party (who shall not, except with the consent of the indemnified party, be
counsel to the indemnified party), and, after notice from the indemnifying party
to such indemnified party of its election so to assume the defense thereof, the
indemnifying party shall not be liable to such indemnified party under such
subsection for any legal expenses of other counsel or any other expenses, in
each case subsequently incurred by such indemnified party, in connection with
the defense thereof other than reasonable costs of investigation.

       

      9.5.           Time.  Whenever
Company or SPE Owner shall be required to make any payment, or perform any act,
on a day which is not a Business Day, such payment may be made, or such act may
be performed, on the next succeeding Business Day.  Time is of the
essence in each party’s performance under all provisions of this Agreement and
all related agreements and documents.

       

      9.6.           Expenses of
Lender.  At Closing and from time to time thereafter, Borrower
will pay upon demand of Lender all reasonable out-of-pocket costs, fees and
expenses of Lender in connection with (i) the negotiation, preparation,
execution, delivery and termination of this Agreement, and other Loan Documents
and the documents and instruments referred to herein and therein, and any
amendment, amendment and restatement, supplement, waiver or consent relating
hereto or thereto, whether or not any such amendment, amendment and restatement,
supplement, waiver or consent is executed or becomes effective, search costs,
the reasonable out-of-pocket fees, expenses and disbursements of counsel for
Lender, (ii) any costs or expenses related to a Recordation Event or Conversion
of the Term Loan to the Secured Loan including, without limitation, appraisals,
surveys, title insurance, environmental assessments and recording taxes, (iii)
the enforcement of Lender’s rights hereunder, or the collection of any payments
owing from, Company or SPE Owner under this Agreement and/or the other Loan
Documents or the protection, preservation or defense of the rights of Lender
hereunder and under the other Loan Documents, and (iv) any refinancing or
restructuring of the credit arrangements provided under this Agreement and other
Loan Documents in the nature of a “work-out” or of any insolvency or bankruptcy
proceedings, or otherwise (including the reasonable fees and disbursements of
counsel for Lender (collectively, the “Expenses”).

       

      
        
          
          

        

        
          48

          
            

          

        

        
          
          

        

      

      9.7.           Brokerage.  This
transaction was brought about and entered into by Lender, Company and SPE Owner
acting as principals and without any brokers, agents or finders being the
effective procuring cause hereof.  Company and SPE Owner represent
that they have not committed Lender to the payment of any brokerage fee,
commission or charge in connection with this transaction.  If any such
claim is made on Lender by any broker, finder or agent or other person, Borrower
hereby indemnifies, defends and saves such party harmless against such claim and
further will defend, with counsel satisfactory to Lender, any action or actions
to recover on such claim, at Borrower’s own cost and expense, including such
party’s reasonable counsel fees.  Borrower further agrees that until
any such claim or demand is adjudicated in such party’s favor, the amount
demanded shall be deemed an Obligation of Borrower under this
Agreement.

       

      9.8.           Notices.

       

      a.        Any
notices or consents required or permitted by this Agreement shall be in writing
and shall be deemed given if delivered in person to the person listed below or
if sent by telecopy or by nationally recognized overnight courier, as follows,
unless such address is changed by written notice hereunder:

       

      
        
          	 
      	
                  If
      to Lender to:

                
	 
      	
                  TD
      Bank, N.A.

                
	 
      	
                  2070
      Chain Bridge Road,

                
	 
      	
                  Suite
      145

                
	 
      	
                  Vienna,
      VA 22182

                
	 
      	
                  Attention:
      Brian Haggerty

                
	 
      	
                  Telecopy
      No.: 703-663-4373

                
	 
      	 
      
	 
      	
                  If
      to SPE Owner or Company

                
	 
      	
                  to:

                
	 
      	
                  Getty
      Realty Corp.

                
	 
      	
                  125
      Jericho Turnpike, Suite 103

                
	 
      	
                  Jericho,
      New York 11753-1016

                
	 
      	
                  Attention:
      Kevin Shea and Joshua Dicker

                
	 
      	
                  Telecopy
      No.: (516) 478-5490

                
	 
      	 
      
	 
      	
                  With
      copies of Default Notices  to Borrower’s
  Counsel:

                
	 
      	 
      
	 
      	
                  Arent
      Fox LLP

                
	 
      	
                  1050
      Connecticut Avenue, NW

                
	 
      	
                  Washington,
      DC  20036-5339

                
	 
      	
                  Attention:
      Thomas Castiello, Esq.

                
	 
      	
                  202.857.6395
      FAX

                

        

      

      

      
        
          
          

        

        
          49

          
            

          

        

        
          
          

        

      

       

      b.        Any
notice sent by Lender, Company or SPE Owner by any of the above methods shall be
deemed to be given when so received.

       

      c.        Lender
shall be fully entitled to rely upon any telecopy transmission or other writing
purported to be sent by any Principal Officer as being genuine and
authorized.

       

      9.9.           Headings.  The
headings of any paragraph or Section of this Agreement are for convenience only
and shall not be used to interpret any provision of this Agreement.

       

      9.10.           Survival.  All
warranties, representations, and covenants made by Company and SPE Owner herein,
or in any agreement referred to herein or on any certificate, document or other
instrument delivered by it or on its behalf under this Agreement, shall be
considered to have been relied upon by Lender, and shall survive the delivery to
Lender of the Term Loan Note and the other Loan Documents, regardless of any
investigation made by Lender or on its behalf.  Except as otherwise
expressly provided herein, all covenants made by Company and its Subsidiaries
hereunder or under any other agreement or instrument shall be deemed continuing
until all Obligations are satisfied in full.  All indemnification
obligations under this Agreement, including, but not limited to, those under
Section 10.4 and 10.7, shall survive the termination of this Agreement and
payment of the Obligations for a period of two (2) years.

       

      9.11.           Successors and
Assigns.  This Agreement shall inure to the benefit of and be
binding upon the successors and assigns of each of the
parties.  Neither Company nor SPE Owner may transfer, assign or
delegate any of its duties or obligations hereunder.  Company and SPE
Owner acknowledge and agree that Lender may at any time, and from time to time,
(a) sell participating interests in the Term Loan, and Lender’s rights hereunder
to other financial institutions, and (b) sell, transfer, or assign the Term Loan
and Lender’s rights hereunder, to any one or more additional banks or financial
institutions, subject (as to Lender’s rights under this clause (b)) to
Borrower’s written consent, which consent shall not be unreasonably withheld;
provided that, no consent under this clause (b) shall be required if an Event of
Default exists at the time of such sale, transfer or assignment.

       

      9.12.           Duplicate
Originals.  Two or more duplicate originals of this Agreement
may be signed by the parties, each of which shall be an original but all of
which together shall constitute one and the same instrument.

       

      9.13.           Modification.  No
modification hereof or any agreement referred to herein shall be binding or
enforceable unless in writing and signed by Company, SPE Owner and
Lender.

       

      9.14.           Signatories.  Each
party to this Agreement represents and warrants that the individual executing
this Agreement on behalf of such party is duly authorized to execute this
Agreement on behalf of such party and that he executes the Agreement in such
capacity and not as a party to the Agreement.

       

      
        
          
          

        

        
          50

          
            

          

        

        
          
          

        

      

      9.15.           Third
Parties.  No rights are intended to be created hereunder, or
under any related agreements or documents for the benefit of any third party
donee, creditor or incidental beneficiary of Company or SPE
Owner.  Nothing contained in this Agreement shall be construed as a
delegation to Lender of Company’s or SPE Owner’s duty of performance, including,
without limitation, Company’s or SPE Owner’s duties under any account or
contract with any other Person.

       

      9.16.           Discharge of Taxes,
Borrower’s Obligations, Etc.  Lender, in its sole discretion,
shall have the right at any time, and from time to time, during the continuance
of an Event of Default, and after at least ten (10) days prior written notice to
Company and SPE Owner if Company or SPE Owner, as applicable, shall fail to do
so, to: (a) pay for the performance of any of Company’s or SPE Owner’s
obligations hereunder, and (b) discharge Taxes or Liens, at any time levied or
placed on Company’s or SPE Owner’s Property (including, in the case of SPE
Owner, the Mortgage Property) in violation of this Agreement unless Company or
SPE Owner is in good faith with due diligence by appropriate proceedings
contesting such Taxes or Liens and maintaining proper reserves therefor in
accordance with GAAP.  Such payments and advances made by Lender shall
not be construed as a waiver by Lender of a Default or Event of Default under
this Agreement.

       

      9.17.           Withholding and Other Tax
Liabilities.  During the continuation of an Event of Default,
and in the event that any Lien, assessment or Tax liability against Company or
SPE Owner shall arise in favor of any taxing authority, whether or not notice
thereof shall be filed or recorded as may be required by law, Lender shall have
the right (but shall not be obligated, nor shall Lender hereby assume the duty),
after prior written consent to Company and SPE Owner, to pay any such Lien,
assessment or tax liability by virtue of which such charge shall have arisen;
provided, however, that Lender shall not pay any such tax, assessment or Lien if
the amount, applicability or validity thereof is being contested in good faith
and by appropriate proceedings by Company or SPE Owner.  In order to
pay any such Lien, assessment or Tax liability, Lender shall not be obliged to
wait until such lien, assessment or tax liability is filed before taking such
action as hereinabove set forth.  Any sum or sums which Lender shall
have paid for the discharge of any such Lien shall be added to the Obligations
and shall be paid by SPE Owner to Lender with interest thereon at the rate
applicable to the Term Loan, upon demand, and Lender shall be subrogated to all
rights of such taxing authority against Company or SPE Owner.

       

      9.18.           Consent to
Jurisdiction.  Company, SPE Owner and Lender each hereby
irrevocably consent to the non-exclusive jurisdiction of the Courts of the State
of Maryland or the United States District Court for the District of Maryland in
any and all actions and proceedings whether arising hereunder or under any other
agreement or undertaking.  Each party hereto waives any objection
which such party may have based upon lack of personal jurisdiction, improper
venue or forum non conveniens.  Each party hereto irrevocably agrees
to service of process by certified mail, return receipt requested to the address
of the appropriate party set forth herein.

       

      9.19.           Additional
Documentation.  Company and SPE Owner shall execute and/or
re-execute, and cause any or other Person party to any Loan Document, to execute
and/or re-execute and to deliver to Lender or Lender’s counsel, as may be deemed
appropriate, any document or instrument signed in connection with this Agreement
which was incorrectly drafted and/or signed, as well as any document or
instrument which should have been signed at or prior to the Closing, but which
was not so signed and delivered.  Company and SPE Owner agree to
comply with any written request by Lender within ten (10) days after receipt by
Company or SPE Owner of such request.

       

      
        
          
          

        

        
          51

          
            

          

        

        
          
          

        

      

      9.20.           Advertisement.

       

      a.         With
Borrower’s prior written approval, which shall not be unreasonably withheld,
Lender shall have the right to announce and publicize the financing established
hereunder, as it deems appropriate, by means and media selected by
Lender.  Such publication shall include all pertinent information
relating to such financing, including without limitation, the term, purpose,
pricing, loan amount, name of Borrower and location of any Mortgage Property,
provided, however, that Borrower shall have the right to approve, in its
reasonable discretion, any such information before it is published by
Lender.

       

      b.         Subject
to Section 9.20, the form and content of the published information shall be in
the sole discretion of Lender and shall be considered the sole and exclusive
property of Lender.  All expenses related to publicizing the financing
shall be the sole responsibility of Lender.

       

      9.21.           Waiver of Jury
Trial.  COMPANY, SPE OWNER AND LENDER EACH HEREBY WAIVE ANY AND
ALL RIGHTS IT MAY HAVE TO A JURY TRIAL IN CONNECTION WITH ANY LITIGATION,
PROCEEDING OR COUNTERCLAIM ARISING WITH RESPECT TO RIGHTS AND OBLIGATIONS OF THE
PARTIES HERETO OR UNDER THE LOAN DOCUMENTS OR WITH RESPECT TO ANY CLAIMS ARISING
OUT OF ANY DISCUSSIONS, NEGOTIATIONS OR COMMUNICATIONS INVOLVING OR RELATED TO
ANY PROPOSED RENEWAL, EXTENSION, AMENDMENT, MODIFICATION, RESTRUCTURE,
FORBEARANCE, WORKOUT, OR ENFORCEMENT OF THE TRANSACTIONS CONTEMPLATED BY THE
LOAN DOCUMENTS.

       

      9.22.           Consequential
Damages.  Neither Lender nor agent or attorney of Lender, shall
be liable for any consequential damages arising from any breach of contract,
tort or other wrong relating to the establishment, administration or collection
of the Obligations.

       

      9.23.           Confidentiality.  Lender
agree to maintain the confidentiality of the Information (as defined below),
except that Information may be disclosed

       

      (a)           to
its and its Affiliates’ directors, officers, employees and agents, including
accountants, legal counsel and other advisors actively involved in the
administration or enforcement of the Term Loan or in any current or prospective
relationship with the Company and its Subsidiaries or in connection with an
internal purposes related to credit review, portfolio analysis or otherwise (it
being understood that the Persons to whom such disclosure is made will be
informed of the confidential nature of such Information and instructed to keep
such Information confidential),

       

      (b)           to
the extent requested by any regulatory authority

       

      (c)           to
the extent required by applicable laws or regulations or by any subpoena or
similar legal process; provided, however, that in the event Lender receives a
subpoena or other legal process to disclose confidential information to any
party, Lender shall, if legally permitted, endeavor to notify Borrower thereof
as soon as possible after receipt of such request, summons or subpoena,
provided, however, that in the event that Lender receives a subpoena or other
legal process to disclose confidential information to any party, Lender shall,
if legally permitted, endeavor to notify the Borrower thereof as soon as
possible after receipt of such request, summons or subpoena so that the Borrower
may seek protective order or other appropriate remedy, provided that no such
notification shall be required in respect of any disclosure to regulatory
authorities having jurisdiction over Lender,

       

      
        
          
          

        

        
          52

          
            

          

        

        
          
          

        

      

      (d)           to
any other party to this Agreement,

       

      (e)           in
connection with the exercise of any remedies hereunder or any suit, action or
proceeding relating to this Agreement or the enforcement of rights
hereunder,

       

      (f)           subject
to an agreement or electronic acknowledgment (i.e., Intralinks) containing
provisions substantially the same as those of this Section and provided that
Borrower’s written consent is obtained before disclosure, to:

       

      (i)           any
actual or prospective assignee, or

       

      (ii)           any
actual or prospective counterparty (or its advisors) to any swap or derivative
transaction relating to the Borrower and its obligations,

       

      (g)          with
the consent of the Borrower, or

       

      (h)          to
the extent such Information (i) becomes publicly available other than as a
result of a breach of this Section or (ii) becomes available to the Lender on a
nonconfidential basis from a source other than the Borrower.

       

      For the
purposes of this Section, “Information” means
all information received from the Borrower relating to the Borrower or its
business, other than any such information that is available to the Lender on a
nonconfidential basis prior to disclosure by the Borrower.  Any Person
required to maintain the confidentiality of Information as provided in this
Section shall be considered to have complied with its obligation to do so if
such Person has exercised the same degree of care to maintain the
confidentiality of such Information as such Person would accord to its own
confidential information.

       

      [SIGNATURES
TO FOLLOW ON SEPARATE PAGE]

      

      
        
          
          

        

        
          53

          
            

          

        

        
          
          

        

      

       

      WITNESS the due execution of
this Agreement as a document under seal as of the date first written
above.

       

      
        
          	 
      	
                  GTY
      MD LEASING, INC.,

                
	 
      	
                  a
      Delaware corporation

                
	 
      	
                  By:
      /s/ Leo Liebowitz

                
	 
      	
                  Name:
      Leo
      Liebowitz

                
	 
      	
                  Title:
      CEO

                
	 
      	 
      
	 
      	
                  GETTY
      PROPERTIES CORP.,

                
	 
      	
                  a
      Delaware corporation

                
	 
      	
                  By:
      /s/ Leo Liebowitz

                
	 
      	
                  Name: Leo
      Liebowitz

                
	 
      	
                  Title:
      CEO

                
	 
      	 
      
	 
      	
                  GETTY
      REALTY CORP.,

                
	 
      	
                  a
      Maryland corporation

                
	 
      	
                  By:
      /s/ Leo Liebowitz

                
	 
      	
                  Name: Leo
      Liebowitz

                
	 
      	
                  Title:
      CEO

                
	 
      	 
      
	 
      	 
      
	 
      	
                  TD
      BANK, N.A.

                
	 
      	
                  By:
      /s/ Brian Haggerty

                
	 
      	
                  Name:
      Brian Haggerty

                
	 
      	
                  Title:
      Vice President

                
	 
      	 
      

        

        

      

      (Signature
Page to Loan and Security Agreement)

      

      
        
          
          

        

        
          S-1

          
            

          

        

        
          
          

        

      

       

      EXHIBIT
A

      Land

       

       

      
        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335678 - SS # 25068

         

         

        BEGINNING
FOR THE SAME AT AN IRON PIPE AT THE INTERSECTION OF THE WESTERLY LINE OF
BALTIMORE AVENUE (50.00 FEET FROM CENTER LINE) AND THE SOUTHERLY LINE OF PARCEL
A, AS SHOWN ON A PLAT ENTITLED PARCELS "A", "B", "C",
& "D",
LORD CALVERT MANOR, COLLEGE PARK, PRINCE GEORGE'S
COUNTY, MARYLAND, WHICH PLAT IS RECORDED AMONG THE PLAT RECORDS OF PRINCE
GEORGE'S
COUNTY IN PLAT BOOK B.B. NO. 12, FOLIO 47, AND RUNNING THENCE WITH THE WESTERLY
LINE OF BALTIMORE AVENUE, NORTH 0 DEGREES 06 MINUTES 50 SECONDS EAST 154.77 FEET
TO A POINT, SAID POINT BEING THE

        P.C.
OF A CURVE DEFLECTING TO THE LEFT HAVING A RADIUS OF 20.00 FEET, AN ARC OF 30.23
FEET, A CHORD BEARING AND DISTANCE OF NORTH 43 DEGREES 11 MINUTES 45 SECONDS
WEST 27.44 FEET TO A POINT, SAID POINT BEING ON THE P.T. OF A CURVE AND ALSO ON
THE SOUTH LINE OF GUILFORD DRIVE; THENCE ALONG THE SOUTH LINE OF SAID DRIVE
NORTH 86 DEGREES 30 MINUTES 20 SECONDS WEST 53.91 FEET TO A P.C. OF A CURVE;
THENCE WITH SAID CURVE DEFLECTING TO THE LEfT HAVING A RADIUS OF 50.00 FEET, AN
ARC OF 47.12 FEET, AND A CHORD BEARING AND DISTANCE OF SOUTH 65 DEGREES 29
MINUTES

         

        55
SECONDS WEST 45.14 FEET TO A P.T. OF CURVE SAID P.T. BEING ON THE EAST LINE OF
OAKRIDGE DRIVE; THENCE ALONG THE EAST LINE OF SAID DRIVE, SOUTH 39 DEGREES 30
MINUTES 10 SECONDS WEST 82.56 FEET TO A POINT; THENCE LEAVING SAID DRIVE AND
RUNNING SOUTH 59 DEGREES 57 MINUTES 24 SECONDS EAST 192.26 FEET TO A POINT, SAID
POINT BEING ON THE WEST SIDE OF BALTIMORE AVENUE AND ALSO THE PLACE OF
BEGINNING. CONTAINING 18,658.00 SQUARE FEET OF LAND.

         

        BEING
KNOWN AND DESIGNATED AS PARCEL A, AS SHOWN UPON A PLAT ENTITLED PARCELS "A",
"B", "C"
& "D", LORD CALVERT MANOR, COLLEGE PARK, PRINCE GEORGE'S COUNTY, MARYLAND,
WHICH PLAT IS RECORDED AMONG THE PLAT RECORDS IN PRINCE GEORGE'S COUNTY IN PLAT
BOOK B.B. NO. 12, FOLIO 47.

         

        BEING
THE SAME LOT OF GROUND DESCRIBED IN DEED FROM WALTER L. GREENE, ET AL, TO G.
ALBERT GUDE, DATED AUGUST 25, 1949, AND RECORDED AMONG THE LAND RECORDS OF
PRINCE GEORGE'S
COUNTY IN LIBER NO. 1153, FOLIO 214.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335739 - SS # 25623

         

         

        BEGINNING
for the same at a point marking the intersection of the southerly line of
Maryland Boulevard with the northwesterly line of George N. Palmer Highway
(Maryland Route 704), as shown on State Roads Commission of Maryland Plat No.
14137, AND said point of beginning being the same as the beginning point as
described in a Deed recorded among the Land Records of Prince George's
County in Liber 1764, Folio 152, and running thence reversely with the fifth or
North 57 degrees 45 minutes East 1495.25 feet line in said deed, South 49
degrees 58 minutes 46 seconds West 301.74 feet to a pipe (set) at the
southeast

         

        corner
of Parcel "A", Jack Coopersmith's Addition to Columbia Park, as per plat
recorded in Plat Book WWW. 49, Folio Plat No. 42; thence reversely with the
easterly line of said Parcel "A", North 15 degrees 15 minutes 37 seconds West
252.05 feet to a pipe (set) in the southerly line of Maryland Blvd., as shown on
the aforesaid State Roads Commission of Maryland Plat; thence with part of said
southerly line, South 80 degrees 37 minutes 22 seconds East 301.44 feet to the
point of beginning. Containing 0.7927 acres of land, more or less.

         

        LESS
AND EXCEPT that portion conveyed for Highway Taking in Deed recorded in Liber
3748 at folio 742.

         

        AS-SURVEYED
LEGAL DESCRIPTION:

         

        Commencing
for the same at a point marking the intersection of the southerly line of
Columbia Park Road with the northwesterly line of Martin Luther King Highway,
thence South 49°54'23" West
119.63 feet to the Point of Beginning; thence South 50°01'39" West
182.11 feet to a point; thence North 15°15'37" West
252.05 feet to a point; thence South 80°37'22" East
143.07 feet to a point; thence South 32°10'43" East
121.39 feet to the TRUE POINT OF BEGINNING.

         

        Containing
27,354 square feet or 0.6280 acres of land, more or less.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335732 - SS # 28268

         

         

        
        

        
          ALL
that land situate, lying and being in the 6th Election District of Prince
George's County, Maryland, and described as follows:

           

          Description
of a portion of Lot Numbered Seven (7), in the subdivision
known Records of Prince and described asas "SUITLAND", as
per plat thereof recorded among the Land George's
County, Maryland, in Plat Book BDS 1, at Plat 97, follows:

        

         

        BEGINNING
at a point, said point being an iron pipe set in the easterly line of Silver
Hill Road, State Route No. 458, said point also being the southwesterly corner
of the land herein described and a corner with Lot 6-D, Suitland Subdivision;
thence from the point of beginning, running with said line of Silver Hill Road,
State Route No. 458, N. 35 deg. 40 min. 50 sec. E. 154.49 feet to a P.K. nail
set; and with a curve to the right of radius 40.00 feet (having a chord of 54.48
feet,

        bearing
N. 78 deg. 35 min. 57 sec. E.) an arc length of 59.93 feet to an iron pipe set
in the southerly line of Suitland Road; thence with said Suitland Road the
following courses and distances; S 58 deg. 28 min. 55 sec. E 84.98 feet to an
iron pipe set; N. 32 deg. 11 min. 03 sec. E. 7.42 feet to a point set in a power
pole; and S. 59 deg. 04 min. 44 sec. E. 73.78 feet to an iron pipe set in the
aforesaid southerly line of Suitland Road, said point also being the northerly
corner of another portion of Lot 7, Suitland; thence with said line of another
portion of Lot 7, Suitland, S. 35 deg. 45 min. 06 sec. W. 216.36 feet to an iron
pipe set, said pipe also being a point on line of aforesaid Lot 6-D, Suitland;
thence with said line of Lot 6-D, Suitland; N. 53 deg. 38 min. 50 sec. W. 194.67
feet to the point and place of beginning, containing 39,224 square feet of land,
more or less

         

        LESS
AND EXCEPT that portion taken for public street use in Deed recorded in Liber
13888 at folio 588.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335721 - SS # 27578

         

         

        PROPERTY
1:

         

        BEGINNING
FOR THE OUTLINE OF THE SUBJECT RESIDUE AT A 1-1/2' IRON PIPE FOUND AT A POINT ON
THE EASTERLY RIGHT-OF-WAY LINE OF BRANCH AVENUE (MARYLAND ROUTE NO. 5) AS THE
SAME IS DEFINED ON STATE ROADS COMMISSION OF MARYLAND RIGHT-OF-WAY PLAT NO. 7797
SAID PIPE ALSO LYING AT THE SOUTHEASTERLY END OF THE NORTH 31° 13' 28" WEST,
230.14 FEET DEED LINE OF THE LANDS DESCRIBED IN THE AFOREMENTIONED DEED; THENCE
RUNNING WITH A PORTION OF SAID LINE ALONG SAID EASTERLY LINE OF BRANCH
AVENUE

         

        1) NORTH
31° 13' 28" WEST, 88.62 FEET (RECORD AND MEASURED) TO 1' O.D. IRON PIPE SET IN
THE GROUND BEARING A PLASTIC CAP INSCRIBED "080,
PROP MARK" AT THE SOUTHWESTERLY END OF THE 2ND OR SOUTH 35° 49' 00" WEST, 171.86
FEET DEED LINE OF THE LANDS CONVEYED BY GULF OIL CORPORATION TO JACK COOPERSMITH
AND ESTHER L. COOPERSMITH BY DEED DATED MARCH 14, 1962; THENCE DEPARTING BRANCH
AVENUE AND RUNNING WITH SAID LINE, RESERVED, THROUGH THE LAND DESCRIBED IN SAID
LIBER 2603 AT FOLIO 1

         

        2) NORTH
35° 48' 37" EAST, 171.88 FEET (FORMER SOUTH 35° 49' 00" WEST, 171.86 FEET DEED
LINE) TO A P.K. NAIL SET IN THE PAVEMENT ON THE SOUTHWESTERLY SIDE OF OLD SILVER
HILL ROAD AT A POINT LYING ON THE 1ST OR SOUTH 48° 25' 40" EAST, 148.44 FEET
DEED LINE OF THE LANDS DESCRIBED IN SAID LIBER 2603 AT FOLIO 1, 118.65 FEET IN A
SOUTHEASTERLY DIRECTION FROM THE NORTHWESTERLY END THEREOF: THENCE RUNNING WITH
THE REMAINDER OF SAID LINE AND THE SOUTHWESTERLY LINE OF OLD SILVER HILL
ROAD

         

        3) SOUTH
48° 25' 40' EAST 29.79 FEET (RECORDED AND MEASURED) TO A P.K. NAIL SET IN THE
SAID PAVEMENT; THENCE RUNNING WITH THE LINES OF THE LAND DESCRIBED IN SAID LIBER
2603 AT FOLIO 1, THE FOLLOWING THREE (3) {CURSES AND DISTANCES

         

        4) SOUTH
46° 14' 40" EAST, 100.21 FEET (RECORDED AND MEASURED) TO A P.K. NAIL SET IN SAID
PAVEMENT ON THE NORTHWESTERLY RIGHT-OF-WAY LINE OF COLEBROOKE DRIVE (60 FEET
WIDE) AS THE SAME IS DEDICATED ON A PLAT ENTITLED COLEBROOKE, SECTION 1; THENCE
RUNNING WITH SAID RIGHT-OF-WAY LINE

         

        5) SOUTH
41° 15' 20" WEST, 175.16 FEET TO A 1' O.D. IRON PIPE SET IN THE GROUND BEARING A
PLASTIC CAP INSCRIBED "080, PROP MARK"; THENCE

         

        6) NORTH
80° 37' 20" WEST, 34.25 FEET TO THE POINT OF BEGINNING. 

         

        AND
BEING recorded in Deed Book 8863 at Page 204.

         

        AND

         

        PROPERTY
2:

         

        18861
Square Foot Parcel of Land, Surveyed for Exxon Corporation located in Prince
George's County, Maryland

         

        BEGINNING
for the same at a point on the southwesterly side of Maryland Route 972-A -Old
Silver Hill Road at the beginning of that tract or parcel of land conveyed by
Meyers Liquors Limited to William V. Meyers and Karen A. Meyers,

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        his
wife, by a deed dated September 4, 1990 and recorded among the land records of
Prince George's County in Liber NLP 7756, folio 961, said point of beginning
bears coordinates referenced to the Maryland Coordinate System (NAD83/91) of
North 428431.5650 and East 1327005.1192. Thence from the point of beginning,
binding on the first course of the conveyance unto Meyers and on the
southwesterly side of Old Silver Hill Road, as now surveyed,

         

        1) South
48° 28' 18" East 118.65 feet to a P.K. nail heretofore set at the end of the
second course of that tract or parcel of land conveyed by Chevron U.S.A., Inc.
to Exxon Corporation by a deed dated June 17, 1993 and recorded among the land records of Prince
George's
County in Liber NLP 8863, folio
204. Thence binding reversely on the second course of the conveyance unto
Exxon Corporation and on the second

         

        course
of the conveyance unto Meyers,

         

        2) South
35° 45' 59" West 171.88 feet to intersect the northeasterly right of way line of
Maryland Route 5 - Branch Avenue as shown on State Roads Commission Plat No.
7797 and conveyed to the State Roads Commission of Maryland by a deed dated
October 27, 1950 and recorded among the aforesaid land records in Liber WWW
1297, folio 74. Thence leaving the parcel conveyed to Exxon Corporation and
binding on the northeasterly right of way line of Branch Avenue,

         

        3) North
31° 16' 06" West 141.52 feet. Thence leaving Branch Avenue, binding on the third
course of the conveyance unto Meyers and binding on the forth course of that
tract of parcel of land conveyed by Alice V. Meyers, widow to William V. Meyers by a deed
dated October 31, 1979 as recorded among the aforesaid land
records in Liber NLP 5206, folio 74,

         

        4) North
41° 12' 42" East 129.16 feet to the point of beginning hereof. CONTAINING 18861
square feet (0.4330 acre) of land more or less.

         

        TOGETHER
WITH a right of way for ingress and egress to be used in common with others as
described in Liber NLP 7756, folio 961.

         

        AND
BEING recorded in Deed
Book 15353 at Page 158.

         

        CONTAINING
41,094 SQUARE FEET, MORE OR LESS

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335720 - 55 #
27575

         

         

        Being
all that tract or parcel of land situate, lying and being Prince George's
County, Maryland, a portion of which is known as "Lot 16, Block 39, Section One,
a Resubdivision of Part of Lots 1, 2 & 3, Block 39" of a subdivision of land
known as Riverdale Park as shown on Plat recorded in Plat Book No. 31, Folio 42
among the Land Records of Prince George's County, and a portion of which is
known as "Rear 50' of Lot 3, Block 39" and "Part of Lots 1 & 2, Block
39",
said tract or parcel of land being more particularly described as
follows:

         

        Beginning at an iron pipe found at the southeasterly
corner of parcel two as described in Liber No. 7118, Folio 260, said pipe being
on the northerly line of Riverdale Road (50' R/W) and running thence with said
northerly line of Riverdale Road.

         

        (1) North
76 degrees 31 minutes 30 seconds West 150.00 feet to a cross cut made; thence
with the easterly line of Baltimore Avenue (also known as U.S. Route
1)

         

        (2) North
10 degrees 00 minutes 00
seconds East 187.50 feet to a cross cut made; thence

         

        (3) South
80 degrees 00 minutes 00 seconds East 4.00 feet to a cross cut made in the
concrete sidewalk, thence

         

        (4) 17.71
feet along the arc of a
curve to the right, having a radius of 25.00 feet and a chord bearing and distance of North
63 degrees 09 minutes 20 seconds East 17.34 feet to a cross cut made in the
concrete sidewalk; thence

         

        (5) North
13 degrees 28 minutes 30 seconds East 1.58 feet to a cross cut made in the concrete sidewalk
said point being on the southerly line of Queensbury Road (50' R/W), thence with
said southerly line of Queensbury Road

         

        (6) South
76 degrees 31 minutes 30 seconds East 132.00 feet to an iron pipe found at the
northeast corner of parcel one as recorded in Liber No. 7118, Folio 260,
previously mentioned; thence

         

        (7) South
10 degrees 00 minutes 00 seconds West 200.50 feet to the point of
beginning.

         

        Being
the same property conveyed to Gulf Oil Company, now known as Chevron USA
Inc., the Grantor herein, by virtue of the following:

         

        (1)
Rear 50' of Lot 3, Block 39 (Tax I.D. #19-26 551-01-005) and Part of Lots 1
& 2, Block 39 (Tax I.D. # 19-26551-00-001) was conveyed
to the grantor herein by virtue of a Deed dated September 26, 1988 and recorded
in Liber No. 7118, Folio 260.

         

        (2)
Part of lots 1 & 2, Block 39, now known as part of Lot 16, Bock 39 Section
One Riverdale Park (Tax I.D. # 19-27226-01-006) was conveyed
to the

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        grantor
herein by virtue of a Deed dated February 27, 1957 and recorded in Liber No.
2081, Folio 283.

         

        (3)
Remaining portion of Lot 16, Block 39 Section One Riverdale Park (Tax I.D. #
19-27226-01-006 same as above) was conveyed to the grantor herein by virtue of
{1) Deed dated December 12, 1955 and recorded in Liber No. 1941, Folio 371; (2)
Deed dated April 29, 1936 and recorded in Liber No. 444, Folio 484, and (3) Deed
dated January 31, 1936 and recorded in Liber No. 775, Folio 43.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335713 - 55 # 27346

         

         

        Parcel
A-2, in the subdivision known as "East
Pines, Parcel A-2, Section 5", as per Plat thereof recorded among the land
records of Prince George's County, Maryland in Plat Book NLP 114 at plat 53; and
being more particularly described as follows:

         

        BEGINNING
FOR THE SAME at an iron pipe set on the Southeasterly side of Riverdale
Road,
said pipe being at the P.R.C. of the Southerly fillet curve of Riverdale Road
and 67th Avenue; running thence along said fillet curve, as now surveyed with
bearings
referred to the Washington Suburban Sanitary Commission, with a curve to the
right having a radius of 21.48 feet for a distance of 32.21 feet subtended by a
chord bearing North 89° 49' 16" East 29.28 feet to an iron pipe set; thence
along the Southwesterly side of 67th Avenue 47° 13' 13" East 13.33 feet to an
"x"-cut
set; thence with a curve to the right having a radius of 277.22 feet for a
distance of 220.41 feet subtended by a chord bearing South 24° 26' 35" East
214.65 feet to an iron pipe set at the division line between Parcel A and Parcel
B as shown on the "Eastpines" Section 5 subdivision plat recorded among the Land
Records of Prince George's
County in Plat Book 14 Folio 96; thence along said division line South 88° 20'
00" West 41.00 feet to an iron pipe set; thence South 51°
27' 40" West 47.76 feet to a PK set; thence North 37° 28' 48" West 214.30 feet
to an "x"-cut set along the Southeasterly side of Riverdale Road; thence along
the Southeasterly side of Riverdale Road with a curve to the left having a
radius of 704.04 feet for a distance of 104.00 feet subtended by
a chord bearing North 51° 05' 40" East 103.91 feet to the Point
of
Beginning.

         

        
          Containing
in all 27,179 square feet or 0.624 acres more or less.

        

         

        AS-SURVEYED
LEGAL DESCRIPTION:

         

        Parcel
A-2, in the subdivision known as "East
Pines, Parcel A-2, Section 5", as per Plat
thereof recorded among the land records of Prince George's County, Maryland in
Plat Book NLP 114 at plat 53.

         

        Beginning at a 1" Pipe at the
Northeast of the property described as Parcel A-2, recorded in Plat Book NLP
114, plat 53, said point also on the Southern Right of Way of 67th
Avenue; thence South 47°13'13"
East 13.33 feet to a point; thence along a curve to the right with a radius of
277.22 feet and a chord bearing South 24°26'35" East 214.65 feet to a point;
thence South 88°20'00"
West 41.00 feet to a point; thence South 51°27'40"
West 47.76 feet to a point; thence North 37°28'48"
West 214.30 feet
to a point; thence along
a curve to the left with a radius of 704.04 feet and a chord bearing
North 51°05'40"
East 103.91 feet to a point; thence along a curve to the right with
a

        radius of 21.48 feet and a chord bearing North
89°49'16"
East 29.28 feet to the TRUE POINT OF BEGINNING.

         

        Containing
27,180 square feet or 0.6240 acres of land, more or less.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335712 - SS# 27196

         

         

        Being
all of Parcel B, as shown on a Plat of Subdivision entitled "Parcels B &
C,
Silver Hill
Plaza," and recorded among the land records of Prince George's
County,
Maryland in Plat Book WWW 85, at Plat 12, and being more particularly described,
as follows:

         

        BEGINNING at the end of the South 01 degrees 28
minutes 37 seconds West 61.67 foot line as shown on the aforesaid plat, said
point lying 60 feet from Station 9 + 50 of the base line of Silver Hill
Road, as shown on State Roads Commission Right of Way Plat No. 19818;
thence running with the Northwesterly
right of way line of Silver Hill
Road,

         

        
          1.  139.88
feet along the arc of a curve to the right having a radius of 3412.47 feet and a
chord bearing South 39 degrees 05 minutes 52.5 seconds West 139.87 feet to a
point; thence continuing between the Parcel C so designated in the above mentioned Plat of Subdivision, and the herein
described Parcel, the
following courses and distances,

        

         

        2. North
48 degrees 32 minutes 35 seconds West 153.61 feet to a point;
thence,

         

        3. North
41 degrees 27 minutes 25 seconds East 150.00 feet to a point;
thence,

         

        4. North
48 degrees 32 minutes 35 seconds West 50. feet to a point; thence,

         

        
          5.
North 41 degrees 27 minutes 25
seconds East 27.51 feet to a point; thence running with the Southeasterly
right
of way line of Marlboro Pike, 54 feet from the base line of right of way
shown
on State Roads Commission Right of Way Plats Nos. 24376 and
24377.

        

         

        6. South
51 degrees 58 minutes 35 seconds East 158.53 feet to a point; thence running
with the transition lien to Silver Hill
Road,

         

        7. South
01 degrees 28 minutes 37 seconds West 61.67 feet to the point of
beginning.

         

        Containing
28,283 square feet or 0.6493 of an acre of land.

         

        Being
the same property described
as follows:

         

        AS-SURVEYED LEGAL
DESCRIPTION:

         

        Being
all of Parcel B, as shown on a Plat of Subdivision entitled "Parcels B & C,
Silver Hill
Plaza," and recorded among the land records of Prince George's County,
Maryland in Plat Book WWW 85, at Plat 12.

         

        Beginning
at the Southernmost corner of Parcel B, as recorded in Plat Book WWW 85, at Plat
12, thence North 48°32'35"
West 153.61 feet to a point; thence North 41°27'25"
East 150.00 feet to a point; thence North 48°32'35"
West 50.00 feet to a point; thence North 41°27'25"
East 27.51 feet to a point; thence South 51°58'35"
East 158.53 feet to a point; thence South 01°28'37"
West 61.67 feet to a point; thence along a curve to the right
with a radius of 3412.47 feet and a chord bearing South

         

        39°05'52"
West 139.87 feet to the TRUE POINT OF BEGINNING.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        
          	
                  Containing
      28,281 square feet or 0.6493 acres of land, more or
  less.

                
	 
      

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335710 - SS # 26661

         

         

        Being
part of Parcel "A", Barnabas Road Partnership addition to Kerr's Subdivision,
12th Election District, Prince George's County, Maryland.

         

        Beginning
at a point on the southeasterly right of way line of St. Barnabas Road, Maryland
State Route #414, as shown on the subdivision plat for Parcels A & B,
Barnabas Road Partnership Addition to Kerr's Subdivision, as recorded among the
land records of Prince George's County, Maryland in plat book 71, plat 79, said
point being at base line station 111 + 78 of said State Route #414 as shown on
SRC right of way plats #8077 & #8078, said point also being the westerly
corner of Parcel "A" of said subdivision and online of land now or formerly
of

         

        George
F. Perkins; thence along the said southeasterly right of way line of St.
Barnabas Road N 39° 48' 54" E a distance of 213.38 feet to a point; thence
through said Parcel "A" the following two (2) courses and distances: S 54° 41'
20" E a distance of 211.97 feet to a point; thence N 35° 18' 40" E a distance of
25.00 feet to the dividing line of Parcels "A" & "B"; thence along said
dividing line S 54° 41' 20" E a distance of 121.59 feet to the easterly corner
of said Parcel "A"; thence along line of land of the aforesaid George F.
Perkins, the following two (2) courses and distances: S 27° 23' 00" W a distance
of 240.00 feet to a point; thence N 54° 41' 20" W a distance of 383.41 feet to
the point of beginning. Containing 1.8297 acres of land more or
less.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335709 - SS #
26549

         

         

        BEGINNING for the same at an
iron bar on the southernmost right of way line of Maryland Route No. 198 as
shown on State Roads Commission of Maryland Plat No. 14299 said point of
beginning also being at the end of the Fourth (Last) or North 01° 05' 00" West
463.55 feet line of that parcel of land which by deed dated January 16, 1964 and
recorded among the Land Records of Prince George's County, Maryland in Liber
2928 at Folio 430 was granted and conveyed by James G. Boss and Sylvan Friedman
to Maurice W. Griffith, et al., and running thence binding along the
southernmost right of way line of said Route No. 198 as shown on State Roads
Commission of Maryland Plats Nos. 14299 and 35116 the three (3) following
courses and distances, as now surveyed, via;

         

        (1) 221.49
feet in an easterly direction by the arc of a curve to the right having a radius
of 1,391.01 feet and a long chord bearing South 86° 53' 40" East 221.26
feet,

         

        (2) South
73° 00' 58" East 48.32 feet to an iron bar, and

         

        (3) South
75° 46' 06" East 47.73 feet to an iron bar at the beginning of the right of way
line of Through Highway said point being at the beginning of a fillet leading
into the Relocated Contee Road, thence binding along said fillet being along
said right of way line Through Highway as shown on the abovementioned Plat No.
35116 as now surveyed.

         

        South
40° 54' 29" East 38.92 feet to an iron bar on
the westernmost right of way line of said Relocated Contee Road, thence binding along
said westernmost right of way line being along said right of way line of Through
Highway as shown on State Roads Commission of Maryland Plats Nos. 35116 and
35115, as now surveyed

         

        South
08° 57' 52" West 135.00 feet to an iron bar at the beginning of a fillet leading
in Relocated Maryland No. 198, thence binding along said fillet being along said right of way of
Through Highway as shown
on said Plat No. 35115

         

        South 51° 10' 48" West 85.85 feet to an iron bar on
the northernmost right of way line of said Relocated Maryland Route No. 198,
thence binding along said northernmost right of way line being along said right
of way line of Through Highway as shown on State Roads Commission of Maryland
Plat No. 35114 as now surveyed 216.20 feet in a westerly direction by the arc of
a curve to the left having a radius of 2,999.79 feet and a long chord bearing
South 85° 38' 51" West 216.16 feet to an iron bar on the abovementioned Fourth
(Last) line, thence binding
along

         

        part
of said Fourth line of the end thereof as now surveyed

         

        North
07° 27' 13" West 273.14 feet to the point of beginning, containing 1.717
acres of land more or less.

         

        LESS
AND EXCEPT that portion conveyed in Deed Book 5070 at Page 195.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335706 - SS # 26150

         

         

        BEGINNING
FOR THE SAME at an iron pipe heretofore set on the westerly right-of-way line of
Kent Village Drive (formerly known as 76th street) a 60-foot wide right-of-way
heretofore laid out and shown on and dedicated to public use by a Plat entitled,
"Parcel 'A' and Street Dedication, Kentwood", as recorded among the Land Records
of Prince George's
County in Plat Book WWW 17, Plat 36. Said point of beginning also being the
beginning of that tract or parcel of land described in a

         

        Lease
Agreement dated May 19, 1950 by and between Kentland, Inc. and Esso Standard Oil
Company (now Exxon Corporation) and recorded among the Land Records of Prince
George's County in Liber WWW 1253, Folio 161. Thence from the point of beginning
and binding on the outlines of the aforesaid lease and on the westerly
right-of-way line of Kent Village Drive.

         

        1) North
10 degrees 29 minutes 40 seconds West 145.00 feet to a P.K. Nail heretofore set
at a point of curvature of an intersection fillet curve connecting Kent Village
Drive and Maryland Route 202, Landover Road as shown on a Plat entitled "Parcel
'A', Kentland", as recorded in Plat Book WWW 17, Plat 73 and as shown on State
Highway Administration Plat No. 33019. Thence binding thereon

         

        2) by
a fillet curve to the left in a northwesterly direction of radius 20.00 feet an
arc distance of 31.42 feet and subtended by a chord North 55 degrees 29 minutes
40 seconds West, 28.28 feet to an iron pipe found at a point of
tangency

         

        3) South
79 degrees 30 minutes 20 seconds West 120.00 feet to a 'X'-cut heretofore set.
Thence leaving Maryland Route 202, continuing to bind on the outlines of the
aforesaid Lease Agreement and running through and across Parcel 'A' as shown on
the aforesaid Plat entitled, Parcel 'A', Kentland", as recorded in Plat Book 17,
Plat 73, two courses

         

        4) South 10 degrees 29 minutes 40
seconds East 165.00 feet to a rebar now set 

         

        5)
North 79 degrees 30 minutes 20 seconds East 140.00 feet to the point of
beginning hereof.

         

        Containing
23,014 square feet (0.5283 acre) of land, more of less.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335704 - SS #
26045

         

         

        0.994
acre parcel of land surveyed for Exxon Company, U.S.A., located on Campus Way
South at Maryland Route 202, 10th District,
Prince George's County, Maryland.

         

        BEGINNING for the
same at an iron pipe heretofore set at the beginning of that tract or parcel of
land conveyed by Central Avenue Associates Limited Partnership to Commercial Equities,
Inc., by a deed dated February 24, 1986, as recorded among the land records of
Prince George's County in Liber 6279, Folio 200. Said point of
beginning lying on
the northwesterly right-of-way line of Campus Way South, a 120 foot wide
right-of-way, heretofore laid out as shown on a plat entitled
"Parcels B,
C,
and D, Northhampton", as
recorded among the aforesaid
land records in
Plat Book
WWW 72, Folio 52. Thence from
the point of beginning and binding on the northwesterly right-of-way line of
Campus
Way South (bearings herein being referred to the Maryland State Plans Coordinate
System);

         

        1) South
400 32' 31" West 198.05 feet to a point of curvature.

         

        
          2)  By
a curve to the right in a southwesterly direction of radius 560.00 feet,
an arc distance of 128.20 feet, and subtended by a chord, south 47° 06' 00" West
127.92 feet to
a point on the northeasterly side of a proposed 60 foot wide right-of-way.
Thence running for new lines of division through and
across the land of Commercial Equities, Inc., and on the aforesaid right-of-way
line;

        

         

        3) By
a fillet curve to the right in a northwesterly direction of radius 30.00 feet, an arc distance of
53.56 feet and subtended by a chord North 75° 11' 50" West 46.72 feet to a point
of tangency. Thence continuing to bind on said right-of-way;

         

        4) North
24° 03' 09" West 126.32 feet and intersecting the 6th line of the aforesaid
conveyance unto Commercial Equities, Inc., Thence binding on a part of the 6th
line and
on the division line between the herein described parcel and that tract or
parcel of land conveyed to Leo J. Leonnig, et al, to H&A Construction Company Inc., by deed dated November 14, 1986, as recorded among the Land
Records of Prince George's
County in Liber 6480,
Folio 600;

         

        5) North
57° 48' 21" East 329.63 feet to a point on the southwesterly right-of-way
line
of Maryland Route 202. Thence leaving the land of H&A Construction Co.,
Inc., and binding on
said right-of-way line
of Maryland Route
202;

         

        6) By
a curve to the left in a southeasterly direction of radius 5829.58 feet
an arc distance
of 47.13 feet and subtended by a chord South 51° 12' 06" East 47.13 feet to a
point;

         

        7) South
050 27' 24" East 35.97
feet to the point of beginning
hereof. 

         

        CONTAINING
0.994 acres (43,305 square feet) of land, more or
less.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335697 - SS # 25547

         

         

        BEGINNING
for the same at the point of intersection of the easterly line of the
Baltimore-Washington Boulevard, 60 feet wide, with the Northerly line of
Sunnyside Avenue, 60 feet wide, said point being the beginning of said
conveyance; thence in the meridian of the Washington Suburban Sanitary
Commission, with said Northerly line, being a part of the first line of said
conveyance
as resurveyed (1) South 65 degrees 02 minutes 30 seconds East 183.95 feet;
thence leaving said line and crossing said conveyance (2) North 48 degrees 16
minutes 10 seconds East 132.22 feet to intersect the seventh line thereof;
thence with the remainder of said seventh line and with the eighth or last line
of said conveyance as resurveyed (3) North 55 degrees 27 minutes
40 seconds West 173.91 feet to intersect the aforesaid Easterly line of said
Boulevard; thence with said line (4) South 48 degrees 16 minutes 10 seconds West
163.74 feet to the place of beginning. Containing 25,000 square feet of land,
more or less.

         

        The
hereinabove described parcel of land being all of Parcel B and all of that land
immediately adjacent thereto marked "Area of Dedication", containing a total of
25,000 square feet of land as shown on a Plat entitled "Plat of Correction,
Parcel B, Sunnyside", which said Plat is recorded among the Land Records of
Prince George's County in Plat Book W.W.W. No. 62 folio 60.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335696 - 55 # 25493

         

         

        BEGINNING
for the same at an iron pipe set at an iron pipe set at the southerly end of
curve No. 2 on the westerly right of way line of Fifty-Seventh Avenue (100 feet
wide) as shown on a plat entitled "Parcel A, Gateway Center" recorded among the
aforementioned Land Records in Plat Book W.W.W. No. 40 as Plat No. 11; and
running thence with said westerly right of way line (1) South 20 degrees 33
minutes 00 seconds West 106.15 feet to an iron pipe set at the beginning of a
curve to the right having a radius of 30.00 feet; thence (2) 32.66 feet along
the arc of said curve, having a chord bearing and length of South 51 degrees 44
minutes 30 seconds West 31.07 feet to an iron pipe set at a point on the future
northerly right of way line of

         

        Annapolis
Road, Maryland No. 450 (100 feet wide) said point being 60 feet from the center
line of said road as shown on the Maryland State Roads Commission Right of Way
Plat No. 27414; thence running with said future northerly right of way line and
parallel to said center line (3) South 82 degrees 56 minutes 00 seconds West
170.14 feet; running into and across the former Blenheim Place (now abandoned)
to an iron pipe set at a point on the former center line thereof; thence running
with the said former center line (4) North 06 degrees 58 minutes 00 seconds West
135.99 feet to an iron pipe set thereon; thence leaving said former center line
and running across said Blenheim Place (now abandoned) and across parts of Lots
2, 14 and 13, of aforesaid Block E-2 (5) North 83 degrees 02 minutes 00 seconds
East 258.72 feet to an iron pipe set on the aforementioned westerly right of way
line of Fifty-seventh Avenue; thence running with said line along the arc of a
curve to the right having a radius of 1984.89 feet (6) 28.54 feet along the arc
of

         

        said
curve having a chord bearing and length of South 20 degrees 08 minutes 17
seconds West 28.54 feet to the place of beginning. Containing a computed area of
30,312 square feet of land, more or less.

         

        Being
and intended to convey all that lot or parcel of land being known and designated
as Parcel A, Block E-2, on the Plat entitled "Parcel
A, Block E-2, Section One, Blenheim" which Plat is recorded among the Plat
Records of Prince George's County in Liber W.W.W. No. 60, folio 68, recorded
July 11, 1966.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS #
08335691 - SS # 25416

         

         

        Beginning
for the same at an iron pipe set in the third line of Liber 2479 at folio 631,
north 53 degrees 06 minutes 30 seconds east 15 feet from the end of said third
line, said pipe being on the northeast side of Cherry Hill Road as widened by
virtue of the dedication shown on said plat recorded in Plat Book WWW 42 at Plat
39, thence running with said side of Cherry Hill Road as widened,
(1) north 36 degrees 53 minutes 30 seconds west 150.00 feet to a pipe set,
thence leaving Cherry Hill Road and running across the land of the grantor
herein, the following two courses and distances (2) north 53 degrees 06 minutes
30 seconds east 200.80 feet to a pipe set and (3) south 36 degrees 53
minutes 30 seconds east 86.65 feet to a pipe found at the end of the first line
of Liber 2479 at folio 631, thence running with the second and part of the third
lines thereof, (4) south 36 degrees 53 minutes 30 seconds east 63.35 feet to a
pipe and (5) south 53 degrees 06 minutes 30 seconds west 200.80 feet to the
beginning of the parcel herein conveyed. Containing 30,120 square feet of land,
more or less.

         

        Also
shown as Parcel A, Timberlake Property as shown on Plat recorded in Plat Book 42
at Plat 39.

         

        Together
with any and all rights of ingress and egress over the area shown on recorded
plat recorded in Plat Book 42 at Page 39 this is dedicated to public
use.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335688 - SS # 25395

         

         

        All
that parcel of ground situate in Prince George's County, in the State of
Maryland, being known as Lot 64, Block P, Seabrook, per plat recorded in Plat
Book 43, Page 73, among the land records of Prince George's County,
Maryland.

         

        AS-SURVEYED
LEGAL DESCRIPTION:

         

        All
that parcel of ground situate in Prince George's County, in the State of
Maryland, being known as Lot 64, Block P, Seabrook, per plat recorded in Plat
Book 43, page 73, among the land records of Prince George's County,
Maryland.

         

        Beginning
at a cap pin at the West corner of land known as Lot 64 Block P, Seabrook,
recorded in Plat Book 43, page 73, thence North 67°32'44" East 156.34 feet to a
point; thence North 03°25'16" East 4.22 feet to a point; thence North 56°12'15"
East 15.21 feet to a point; thence South 33°47'45" East 152.45 feet to a point;
thence South 56°19'30" West 170.50 feet to a point;
thence along a curve to the right with a radius of 30.00 feet and a chord
bearing North 73°03'23" West
46.37 feet to a point; thence North 22°27'16"
West 146.43 feet to the TRUE POINT OF BEGINNING.

         

        Containing
30,811 square feet or 0.7073 acres of land, more or less.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335686 - SS # 25380

         

         

        Lot
42, containing 25,307 square feet, Block C, Addison Heights, as shown on Plat
recorded in Plat Book NLP-139 at Plat 85, among the Land Records of Prince
George's
County, Maryland.

         

        AND
BEING a portion of the property recorded in Deed Book 2429 at Page 158 and a
portion recorded in Deed Book 5533 at Page 316.

         

        AS-SURVEYED
LEGAL DESCRIPTION:

         

        Being
Lot 42, containing 25,307 square feet. Block C, Addison Heights, as shown on
Plat recorded in Plat Book NLP-139 at Plat 85, among the Land Records of Prince
George's County, Maryland.

         

        Beginning
at a post at the intersection of the Eastern Right of Way line of Addison Road
and the Southern Right of Way line of a 20' alley described in Plat Book WWW 21,
plat 75, thence North 80°46'20" East 111.73 feet to a point; thence North
10°36'40" West 4.11 feet to a point; thence North 78°26'00" East 99.20 feet to a
point; thence South 10°29'55" East 127.50 feet to
a point; thence South 81°30'19"
West 183.58 feet to a point; thence along a curve to the right with a radius of
50.00 feet and a chord bearing North 42°08'40" West 52.81 feet to a point;
thence North 10°15'54" West 72.64 feet to the TRUE POINT OF
BEGINNING.

         

        Containing
25,174 square feet or 0.5779 acres of land, more or less.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335680 - SS # 25343

         

         

        ALL
THAT PARCEL SITUATE IN SPAULDINGS ELECTION DISTRICT OF PRINCE GEORGE'S COUNTY,
IN THE STATE OF MARYLAND, AT THE NORTHWESTERLY CORNER OF BRANCH AVENUE AND
CURTIS DRIVE, BEING A PART OF BLOCK 14, HILLCREST GARDENS AS PER PLAT RECORDED
AMONG THE LAND RECORDS OF PRINCE GEORGE'S
COUNTY, MARYLAND IN PLAT BOOK W.W.W. NO. 20, PLAT NO. 65 AND BEING MORE
PARTICULARLY DESCRIBED AS FOLLOWS:

         

        BEGINNING
AT A POINT IN THE SOUTHWESTERLY LINE OF BRANCH AVENUE, SAID POINT BEING NORTH 31
DEGREES 13 MINUTES 10 SECONDS WEST 143.50 FEET FROM THE NORTHERLY POINT OF
CURVATURE OF CURVE NO. 1 AS SHOWN ON THE AFORESAID PLAT OF HILLCREST GARDENS;
THENCE WITH SAID SOUTHWESTERLY LINE OF BRANCH AVENUE (1) SOUTH 31 DEGREES 13
MINUTES 10 SECONDS EAST 130.00 FEET TO THE NORTHWESTERLY SIDE OF CURTIS DRIVE AS
NOW WIDENED; THENCE LEAVING SAID SOUTHWESTERLY LINE OF BRANCH AVENUE AND RUNNING
ALONG WIDENED CURTIS DRIVE AND THE ARC OF A CURVE DEFLECTING TO THE RIGHT, SAID
CURVE HAVING A RADIUS OF 20.00 FEET AND A LONG CHORD BEARING AND DISTANCE OF
SOUTH 13 DEGREES 46 MINUTES 50 SECONDS WEST 28.28 FEET; (2) AN ARC DISTANCE OF
31.42 FEET TO A POINT IN THE NEW NORTHWESTERLY LINE OF WIDENED CURTIS DRIVE;
THENCE WITH SAID NEW LINE AND ALONG THE ARC OF A CURVE DEFLECTING TO THE LEFT;
SAID CURVE HAVING A RADIUS OF 399.00 FEET AND A LONG CHORD BEARING AND DISTANCE
OF SOUTH 48 DEGREES 23
MINUTES 25 SECONDS WEST 143.92 FEET; (3) AN ARC DISTANCE OF 144.71 FEET TO A
POINT THENCE (4) SOUTH 38 DEGREES 00 MINUTES 00 SECONDS WEST 67.36 FEET TO A
POINT; THENCE LEAVING SAID NEW LINE OF CURTIS DRIVE AND RUNNING ACROSS PART OF
BLOCK 14, HILLCREST GARDENS; (5) NORTH 31 DEGREES 13 MINUTES 10 SECONDS
WEST
150.00 FEET TO A POINT; THENCE (6) NORTH 46 DEGREES 15 MINUTES 50 SECONDS EAST
230.00 FEET TO THE PLACE OF BEGINNING, CONTAINING 31,593 SQUARE FEET OF LAND, AS
SURVEYED BY BEN DYER ASSOCIATES, INC. IN NOVEMBER, 1957.

         

        LESS
AND EXCEPT THAT PORTION CONVEYED TO JACK COOPERSMITH AND ESTHER L. COOPERSMITH
IN DEED BOOK 3115 AT PAGE 10.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335673 - SS # 24742

         

         

        ALL
THAT CERTAIN TRACT OR PARCEL OF LAND SITUATED IN ANNE ARUNDEL COUNTY, MARYLAND
BEING KNOWN AND DESIGNATED AS LOT NUMBERED 3 AS SHOWN ON A CERTAIN PLAT ENTITLED
"A COMMERCIAL SUBDIVISION OF RESIDUE PARCEL, PARKWAY CROSSING, INC. PREVIOUSLY
RECORDED IN PLAT BOOK 106, PAGE 33", WHICH PLAT IS RECORDED AMONG THE LAND
RECORDS OF ANNE ARUNDEL COUNTY, MARYLAND IN PLAT BOOK 140, PAGES 26 THROUGH 28,
BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

         

        BEGINNING,
at the Southeast corner of Lot 4 of the Parkway Crossing Commercial Subdivision
recorded in plat 106 page 33 on the North right-of-way line of new Laurel Fort
Meade Road Maryland Route 198 said point being an iron rod set

         

        THENCE,
North 16 degrees 27 minutes 01 seconds East, 176.20 Feet to a rod
set

         

        THENCE,
North 82 degrees 31 minutes 12 seconds East, 212.02 Feet to a rod
set

         

        THENCE,
with a curve to the right having a radius of 200.00 Feet, a delta of 23 degrees
53 minutes 52 seconds, an arc length of 83.42 Feet, a chord bearing of South 85
degrees 31 minutes and 52 seconds East and a chord length of 82.82 Feet to a rod
set

         

        THENCE,
South 73 degrees 34 minutes 56 seconds East, 6.10 Feet to a rod set at the
Northwest corner of Lot 2

         

        THENCE,
with and along the West line of Lot 2 South 16 degrees 25 minutes 04 seconds
West, 260.35 Feet to a rod set on the Northern right-of-way line of New Laurel
Fort Mead Road Maryland Route 198

         

        THENCE,
with and along said right-of-way North 73 degrees 34 minutes 17 seconds West,
85.18 feet to a rod set

         

        THENCE,
South 16 degrees 25 minutes 43 seconds West 20.18 Feet to a rod set on said
right-of-way

         

        THENCE,
with a curve to the left having a radius of 3771.30 Feet, a delta of 01 degrees
25 minutes 38 seconds, an arc length of 93.94 feet, a chord length of 93.94 Feet
and a chord bearing of North 72 degrees 50 minutes and 22 seconds East, to a rod
set on said right-of-way

         

        THENCE,
North 73 degrees 32 minutes 59 seconds West, 101.95 Feet to the rod set at the
beginning as shown by plat of survey dated January 6, 1993 by Charles H. Fleet
and Associates, P.C.

         

        AS-SURVEYED
LEGAL DESCRIPTION:

         

        ALL
THAT CERTAIN TRACT OR PARCEL OF LAND SITUATED IN ANNE ARUNDEL COUNTY, MARYLAND
BEING KNOWN AND DESIGNATED AS LOT NUMBERED 3 AS SHOWN ON A CERTAIN PLAT ENTITLED
"A COMMERCIAL SUBDIVISION OF RESIDUE PARCEL, PARKWAY CROSSING, INC. PREVIOUSLY
RECORDED IN PLAT BOOK 106, PAGE 33",
WHICH PLAT IS RECORDED AMONG THE LAND RECORDS OF ANNE ARUNDEL COUNTY, MARYLAND
IN PLAT BOOK 140, PAGES 26 THROUGH 28.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        Beginning
at a 1" Iron Pipe at the Southeast corner of Lot 3 shown on Plat Book 140, pages
26 through 28, said point being on the Northern Right of Way line of Fort Meade
Road, thence North 73°34'17"
West 85.18 feet to a point; thence South 16°25'43" West 20.18 feet to a point;
thence along a curve to the
left with a radius of 3771.30 feet and a chord bearing and distance North
72°50'22" West
93.94 feet to a point; thence North 73°32'59" West
101.95 feet to a point; thence North 16°27'01"
East 176.20 feet to a point; thence North 82°31'12"
East 212.02 feet to a point; thence along a curve to the right with a radius of
200.00 feet and a chord bearing and distance South 85°31'52"
East 82.82 feet to a point; thence South 73°34'56" East
6.10 feet to a point; thence South 16°25'04"
West 260.35 feet to the TRUE POINT OF BEGINNING.

         

        Containing
64,799 square feet or 1.4876 acres of land, more or less.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335671 - SS # 24640

         

         

        All
that parcel of ground situate in Prince George's County, State of Maryland,
being known and designated as Parcel E, as shown on the subdivision plat
entitled "Parcel E, Ole Longfield," which said plat is recorded among the Land
Records of Prince George's County in Plat Book NLP No. 95, folio 58, said Parcel
E, being comprised of Parcel No. 1 and Parcel No. 2 as more particularly
described in Deed dated July 25, 1977 and recorded among the aforesaid Land
Records in Liber 4794, folio 508,
from Mary A. Mitchell and Joseph H. Mitchell, and as described in Deed dated
July 25, 1977, and recorded among the aforesaid Land Records in Liber 4794,
folio 515.

         

        AS-SURVEYED
LEGAL DESCRIPTION:

         

        All
that parcel of ground situate in Prince George's County, State of Maryland,
being known and designated as Parcel E, as shown on the subdivision plat
entitled "Parcel E, Ole Longfield," which said plat is recorded among the Land
Records of Prince George's County in Plat Book NLP No. 95, folio 58, said Parcel
E, being comprised of Parcel No. 1 and Parcel No. 2 as more particularly
described in Deed dated July 25, 1977 and recorded among the aforesaid Land
Records in Liber 4794, folio 508, from Mary A. Mitchell and Joseph H. Mitchell,
and as described
in Deed dated July 25, 1977, and recorded among the foresaid Land Records in
Liber 4794, folio 515.

         

        Beginning
at the Northern most corner of Parcel E, as recorded in Plat Book NLP 95, folio
58, thence South 44°22'30"
East 124.66 feet to a point; thence along a curve to the right with a radius of
100.00 feet and a chord bearing South 39°32'09" East
16.87 to a point; thence along a curve to the right with a radius of 100.00 feet
and a chord bearing South 16°18'54"
East 63.07 feet to a point; thence South 02°04'00"
West 166.47 feet to a point; thence South 08°24'13" West 21.78 feet to a point;
thence North 44°35'47" West 167.89 feet to a point; thence South 34°32'02"
West 25.46 feet to a point; thence North 44°35'47" West 161.60 feet to a point;
thence North 45°30'00"
East 195.32 feet to the TRUE POINT OF BEGINNING.

         

        Containing
45,808 square feet or 1.0516 acres of land, more or less.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335670 -SS # 24617

         

         

        0.5284
acres of land surveyed for ExxonMobil Oil Corporation located at 10815 Indian
Head Highway, Silesia, 5th Election District, Prince George's County,
Maryland.

         

        BEGINNING
for the same at a 1" pinched iron pipe found lying on the Westerly Right of Way
Line of Maryland Route 210, Indian Head Highway, as shown on State Roads
Commission of Maryland Plat Number 30397, at a computed station of 285+45.77
offset 113.35 feet right from the base line of Right of Way, said pipe also
lying at the beginning of the first of South 69° 03' 20" West, 219.26 foot line
of Parcel C described in a Deed dated November 25, 1964 by and between Oronco
Corp. and Richard T. Ziegler and Manson Buchner, Trustees as recorded among the
Land Records of Prince George's County, Maryland in Liber 3077, Folio 155, said
point also bears coordinates referenced to Maryland State Plain Coordinate
System of North 392,124.91 and East 1,314,504.49; thence running with the said
Westerly Right of Way line of Maryland Route 210;

         

        1)
South 03°43'37" East,
107.78 feet to a point; at the end of eighth or North 64°33'50" E
175.4 foot line of a Deed dated June 28, 1945 between the United States of
America and Franz Walzel, Jr. et al. as recorded among the Land Records of
Prince George's
County in Liber 777, Folio 400; said point also being distant westerly 115.0
feet at right angles from the base line of Right of Way located at Station
286+53.00 as shown on aforesaid State Roads Commission Plat; thence leaving the
said Westerly Right of Way of Maryland Route 210, and running reversely with the
eighth and part of the seventh lines respectively of the said Deed, the
following two (2) courses and distances viz;

         

        2) South
64°28'52" West,
175.05 feet to a 5/8" rebar
with FWA 4 cap found; and

         

        3) North
86°38'50" West,
29.75 feet to a 5/8" rebar
with FWA 4 cap found; said rebar with cap being at the end of the sixth or South
12°58'50" East, 105.00 foot line of Parcel B, of the aforesaid Deed between
Oronco Corp. and Richard T. Ziegler and Manson Buchner, Trustees; thence running
reversely with the said sixth line,

         

        4) North
13°07'19" West, 105.10 feet to a 1" pinched iron pipe found; said pipe lying at
the end of the fifth or South 40°32'20" East, 551.03 foot line of Parcel B of
the aforesaid Deed between Oronco Corp. and Richard T. Ziegler and Mason
Buchner, Trustees, thence leaving the outline of said Parcel B, and running
reversely with the first or South 69°03'20" West,
219.26 foot line of Parcel C of the aforesaid Deed between Oronco Corp. and
Richard T. Ziegler and Manson Buchner, Trustees.

         

        5) North
68°54'39" East,
219.21 feet to the Point of Beginning hereof. 

         

        Containing
0.5284 acres (23,016 square feet) of land, more or less.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS # 08335664 - SS # 23607

         

        Beginning
at a concrete monument with iron bar found in the Southwesterly right-of-way
limits of Gorman Avenue (a right-of-way 50 foot in width), said point of
beginning marking the point of intersection of said Southwesterly right-of-way
limits with the division line between the lands of VLI Holding

         

        Limited
Partnership (Liber 9899,
Folio 70), on the East and the lands of Fish of Laurel, Inc. (Liber 7111,
Folio 685), on the West,
thence with said Southwesterly right-of-way limits of Gorman Avenue, the
following two courses and distances:

         

        1. South
50 degrees-31 minutes-02 seconds East, 160.51 feet to a point,
thence;

         

        
          2. Continuing South 10 degrees-47 minutes-40 seconds East
47.86 feet to a point in the Northwesterly right-of-way limits of Washington
Boulevard, US Rte. 1 (a
variable width right-of-way), thence with said Northwesterly right-of-way
limits:

        

         

        3. South
40 degrees-12 minutes-05 seconds West 144.34 feet to a point, thence leaving
said Northwesterly right-of-way limits and with the Southerly and Westerly
boundary of the said lands of VLI HOLDING Limited Partnership, the following two
courses and distances;

         

        4. North
50 degrees-31 minutes-02 seconds West, 146.03 feet to an iron pipe with cap found,
thence;

         

        5. Continuing
South 39 degrees-39 minutes-08 seconds West, 280.55 feet to a point in the
Northerly boundary of the lands of Federal Realty Investment Trust (Liber 6397,
Folio 450), thence with said Northerly boundary;

         

        6. North
57 degrees-56 minutes-17 seconds West, 50.44 feet to a point in the
Northeasterly boundary of the lands of Gorman Professional Building Condominium
(Plat Book 107, Page 1), the lands of Allan L. Baggott and Margaret T. Baggott (Liber 14353, Folio 666), thence with said
Northeasterly boundary of the Gorman Professional Building Condominium and the
Northeasterly boundary of the lands of Kwok Shing Chung and Sau Lin Chung
(Liber 6875, Folio 201) and the lands of Fish of
Laurel, Inc. (Liber 7111, Folio 685);

         

        7. North
39 degrees-39 minutes-08
seconds East, 462.07 feet to the place of beginning.

         

        Containing
48,056 square feet, more or less.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335662 - SS # 23076

         

         

        Property
1:

         

        10739
Square Foot Parcel of Land, surveyed for Exxon Corporation, located at 6725
Riggs Road, Seventeenth (Chillum) Elections District, Prince George's County
Maryland.

         

        BEGINNING
FOR THE SAME at a point on the westerly right of way line of Maryland Route 410,
East-West Highway as shown on State Highway Administration Plat No. 15704 and on
State Highway Administration Plat No. 26248 where said right of way line is
intersected by the first course of that tract or parcel of land conveyed by
James H. Carpenter and Margaret P. Carpenter to James H. Carpenter and Margaret
P. Carpenter, Trustees by a Deed dated December 19, 1991 and recorded among the
Land Records of Prince George's County in Liber NLP No. 8344, folio 001. Said
point of beginning bears coordinates referenced to the Washington Suburban
Sanitary Commission Datum of North 29865.5461 and East 8443.7757. Thence from
the point of beginning, leaving East-West Highway binding on a part of the first
course of the last mentioned conveyance and on the outlines of the said State
Highway Administration Plat No. 26248 as now surveyed

         

        
          1)  by
a curve to the left in a southwesterly direction of radius 899.81 feet an arc
distance of 125.20 feet and subtended by a chord South 52 degrees 00 minutes 37
seconds West 125.10 feet. Thence leaving the outline of the State Highway
Administration Plat No. 26248 and binding on the second course of the conveyance
by Carpenter and on the third course of that tract or parcel of land conveyed by
Enrique Baez and Marta Baez to Exxon Corporation by a Deed dated October 24,
1985 and recorded
among the Land Records of Prince George's County in Liber NLP No. 6203, folio
252.

        

         

        
          2)  South
41 degrees 58 minutes 36 seconds East 81.48 feet to the end of said courses.
Thence leaving the conveyance unto Exxon Corporation, binding on the third
courses of the conveyance unto Carpenter and binding on the outlines of Lot 8 as
shown on a Plat entitled "Lots
8, 9 & Outlot, Block 2, A Resubdivision of Lot 6, Green Meadows", as
recorded among the Land Records of Prince George's County in Plat Book WWW 33,
Plat 86,

        

         

        3) North
56 degrees 18 minutes 04 seconds East 117.80 feet to intersect the westerly
right of way line of East-West Highway as aforesaid. Thence binding
thereon

         

        4) North
33 degrees 41 minutes 56 seconds West 80.71 feet to an 'X' cut heretofore
set,

         

        5) South
59 degrees 22 minutes 04 seconds West 4.83 feet

         

        6) North
30 degrees 37 minutes 56 seconds West 3.01 feet to a point of curvature by a
tangent curve to the left in a northwesterly direction of radius 41.00 feet an
arc distance of 6.03 feet and subtended by a chord North 34 degrees 50 minutes
35 seconds West 6.02 feet to the point of beginning hereof.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        CONTAINING
10739 square feet (0.2465 acre) of land, more or less.

         

        TOGETHER
WITH AND SUBJECT TO two easements for ingress and egress as set forth in Deed
recorded in Liber WWW No. 1496, folio 152.

         

        AND

         

        Property
2:

         

        2848
Square Foot Parcel of Land, survey for Exxon Corporation, located at 6725 Riggs
Road, Seventeenth (Chillum) Election District, Prince George's
County, Maryland.

         

        BEGINNING
FOR THE SAME at an 'X' cut heretofore set at the northernmost Lorne r of Lot 9
as shown on a Plat entitled "Lots 8, 9 and Outlot, Block 2, Green Meadows" as
recorded among the Land Records of Prince George's County in Plat Book WWW 33,
Plat 86 and at the easternmost corner of Parcel 'B' as shown on the Plat
entitled "Parcel
'8' Exxon Company, U.S.A." recorded among the aforesaid Land Records in Plat
Book NLP No. 125, folio 62. Said point of beginning lies on the westerly right
of way line of Maryland Route 410, East-West Highway as shown on the State
Highway Administration Plats No. 15704 and 15705 and bears coordinates
referenced to the Washington Suburban Sanitary Commission Datum of North
29776.1061 and East 8509.1706. Thence from a point of beginning, leaving
East-West Highway and binding on the outline of Lot 9 and on the outline of
Parcel 'B' as shown on the aforesaid Plats, as now surveyed,

         

        
          1)  South
56 degrees 18 minutes 04 seconds West 120.00 feet. Thence leaving Lot 9,
crossing Lot 8 as shown on the Plat recorded in Plat Book WWW 33, Plat 86 and
binding reversely on the third course of that tract or parcel of land conveyed
by James H. Carpenter and Margaret P. Carpenter to N. S. Dhillon by a Deed dated
August 6, 1986 and recorded among the land records of Prince George's County,
Maryland in Liber NLP No. 6397, folio 277.

        

         

        
          2)  South
57 degrees 40 minutes 54 seconds West 37.26 feet. Thence leaving the conveyance
unto Dhillon, binding on the outlines of the aforesaid Lot 8 and binding
reversely on the fourth course of that tract or parcel of land conveyed by
Enrique Baez and Marta Baez to Exxon Corporation by a Deed dated October 24,
1985 and recorded among the Land Records of Prince George's County in Liber NLP
No. 6203, folio 252

        

         

        3) North
29 degrees 38 minutes 44 seconds East 44.14 feet to the beginning of the third
course of that tract or parcel of land conveyed by James H. Carpenter and
Margaret P. Carpenter to James H. Carpenter and Margaret P. Carpenter, Trustees
by a Deed dated December 19, 1991 and recorded among the aforesaid land records
in Liber NLP No. 8344, folio 001. Thence leaving the conveyance unto Exxon and
binding on said third course

         

        4) North
56 degrees 18 minutes 04 seconds East 117.80 feet to intersect the westerly
right of way line of East-West Highway as aforesaid. Thence binding
thereon

         

        5) South
33 degrees 41 minutes 56 seconds East 20.70 feet to the point of beginning
thereof.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        CONTAINING
2848 square feet (0.0654 acre) of land, more or less.

         

        TOGETHER
WITH AND SUBJECT TO two easements for ingress and egress as set forth in Deed
recorded in Liber WWW No. 1496, folio 152.

         

        AND

         

        Property
3:

         

        3853
Square Foot Parcel of Land, Surveyed for Exxon Corporation, located at 6725
Riggs Road, Seventeenth (Chillum) Election District, Prince George's County,
Maryland

         

        BEGINNING
FOR THE SAME at a point on the westerly right of way line of Maryland Route 410,
East-West Highway as shown on State Highway Administration Plat No. 15704 and on
State Highway Administration Plat No. 26248 where said right of way line is
intersected by the first course of that tract or parcel of land conveyed by
James H. Carpenter and Margaret P. Carpenter to James H. Carpenter and Margaret
P. Carpenter, Trustees by a Deed dated December 19, 1991 and recorded among the
Land Records of Prince George's County in Liber NLP No. 8344, folio 001. Said
point of beginning bears coordinates referenced to the Washington Suburban
Sanitary Commission Datum of North 29865.5461 and East 8443.7757. Thence from
the point of beginning, leaving East-West Highway binding on part of the first
course of the last mentioned conveyance and on the outlines of the said State
Highway Administration Plat No. 26248 as now surveyed.

         

        1) by
a curve to the left in a southwesterly direction of radius 899.81 feet an arc
distance of 125.20 feet and subtended by a chord South 52 degrees 00 minutes 37
seconds West 125.10 feet. Thence leaving the conveyance by Carpenter recorded in
Liber NLP No. 8344, folio 001.

         

        2) North
41 degrees 58 minutes 36 seconds West 21.78 feet to intersect the southeasterly
right of way line of Riggs Road as shown on State Highway Administration Plat
No. 26248. Thence binding thereon

         

        3) North
37 degrees 03 minutes 24 seconds East 42.52 feet

         

        4) North
40 degrees 59 minutes 24 seconds East 31.24 feet

         

        5) North
43 degrees 52 minutes 24 seconds fast 8.16 feet to a point of
curvature

         

        6) by
a tangent curve to the right in an easterly direction of radius 41.00 feet an
arc distance of 69.46 feet and subtended by a chord South 87 degrees 35 minutes
25 seconds East 61.45 feet to the point of beginning hereof.

         

        CONTAINING
3853 Square feet (0.0885 acre) of land more or less.

         

        AND
BEING recorded in Deed Book 9911 at Page 179.

         

        AND

         

        Property
4:

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        Being
part of Parcel lettered "A" in Block numbered Two (2) as shown on plat of
subdivision entitled "GREEN MEADOWS",
and recorded among the
Land Records of Prince George's County, Maryland in Plat Book 8 at
plat 33.

         

        AND
BEING recorded in Deed Book 6203 at Page 254.

         

        AS-SURVEYED
LEGAL DESCRIPTION:

         

        BEGINNING FOR THE SAME at an
"X" cut heretofore set at the northernmost Corner of Lot 9 as shown on a Plat
entitled "Lots 8, 9 and Outlot, Block 2, Green Meadows" as recorded among the
Land Records of Prince

         

        George's
County in Plat WWW 33, Plat 8 6 and at the easternmost corner of Parcel `B' as
shown on the Plat entitled "Parcel `B' Exxon Company, U.S.A. recorded among the
aforesaid Land Records in Plat Book NLP No. 125,folio 62. Said point of
beginning lies on the westerly right of way line of Maryland Route 410,
East-West Highway as shown on the State Highway Administration Plats No. 15704
and 15705 and bears coordinates referenced to the Washington Suburban Sanitary
Commission Datum of North 39776.1061 and fast 8509.1706. Thence from a point
of beginning, leaving East-West Highway and binding on the outline of Lot 9 and
on the outline of Parcel `B' as shown on the aforesaid Plats, as now
surveyed,

         

        South 56°18'04" West 120.00 feet to a point; thence
South 57°40'54" West 37.26 feet to a point; thence South 46°30'25" West 79.92
feet to a point; thence along a curve to the left with a radius of 434.66 feet
and a chord bearing
North 38°29'42"
West 74.90 feet
to a point; thence North 43°29'39" West 5.00 feet to a point; thence along a
curve to the right with a radius of 15.00 and a chord bearing and distance North
01°30'24" East 23.56 to a point; thence North 43°29'35" West 5.40 feet to a
point; thence North 37°39'22" East 104.46 feet to a point; thence
North 37°03'24" East 42.52 feet to a point; thence North 40°59'24" East 31.24 feet to a
point; thence North 43°52'24"
East 8.16 feet to a point; thence along a curve to the right
with a radius of 41.00 feet and a chord bearing and distance of South 87°35'25"
East 61.45 feet to a point; thence along a curve to the right with a radius of
41.00 feet and a chord bearing and distance of South 34°50'35" East 6.02 feet to
a point; thence South 30°37'56" East 3.01 feet to a point; thence North
59°22'04" East 4.83 feet
to a point; thence South 33°41'56" East 101.41 feet to the TRUE POINT OF BEGINNING.

         

        Containing
29,687 square feet or
0.6815 acres of land, more or
less.

         

        ALSO
KNOWN AND DESCRIBED AS FOLLOWS:

         

        BEGINNING FOR THE SAME at an
"X" cut heretofore set at the northernmost Corner
of Lot 9 as shown on a
Plat entitled "Lots 8, 9
and Outlot, Block 2, Green Meadows" as recorded among the Land Records of
Prince George's County in Plat WWW 33, Plat 8 6 and at the
easternmost corner of Parcel `B' as shown on the Plat entitled "Parcel `B' Exxon
Company, U.S.A. recorded among the aforesaid Land Records in Plat Book NLP No.
125,folio 62. Said point of beginning lies 

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

           

        

        on
the westerly right of way line of Maryland Route 410, East-West Highway as shown
on the State Highway Administration Plats No. 15704 and 15705 and bears
coordinates referenced to the Washington Suburban Sanitary Commission Datum of
North 39776.1061 and East 8509.1706. Thence from a point of beginning, leaving
East-West Highway and binding on the outline of Lot 9 and on the outline of
Parcel `B' as shown on the aforesaid Plats, as now surveyed,

         

        South
56°18'04"
West 120.00 feet to a point; thence South 57°40'54" West 37.26
feet to a point; thence South 46°30'25" West 79.92 feet to a point; thence along
a curve to the left with a radius of 434.66 feet and a chord bearing North
38°29'42" West 74.90 feet to a point; thence North 43°29'39" West 5.00 feet to a
point; thence along a curve to the right with a radius of 15.00 and a chord
bearing and distance North 01°30'24" East 23.56 to a point; thence North
43°29'35" West 5.40 feet to a point; thence North 37°39'22" East 104.46 feet to
a point; thence North 37°03'24" East 42.52 feet to a point; thence North
40°59'24" East 31.24 feet to a point; thence North 43°52'24" East 8.16 feet to a
point; thence along a curve to the right with a radius of 41.00 feet and a chord
bearing and distance of South 87°35'25" East 61.45 feet to a point; thence along
a curve to the right with a radius of 41.00 feet and a chord bearing and
distance of South 34°50'35" East 6.02 feet to a point; thence South 30°37'56"
East 3.01 feet to a point; thence North 59°22'04" East 4.83 feet to a point;
thence South 33°41'56" East 101.41 feet to the TRUE POINT OF BEGINNING.

         

        Containing
29,687 square feet or 0.6815 acres of land, more or less.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335658 - SS # 22530

         

         

        PARCEL
I:

         

        BEGINNING
for the same at a pin and cap heretofore set on the southeasterly right-of-way
line of U.S. Route 1, Baltimore Avenue at the westernmost corner of Parcel "A"
as shown on a Plat entitled "Plat of Correction for Parcel "A", Keith G.
Gosman's Addition to Beltsville" as recorded among the Land Records of Prince
George's County in Plat Book NLP 105, Plat 31. Said point of beginning also
being along the first course of that tract or parcel of land conveyed by Sarah
A. Herlihy to Keith G. Gosman and Michael T. Gosman by Deed dated October 23,
1968 and recorded among the Land Records of Prince George's

         

        County
in Liber WWW 3658, folio 247. Said point also being and along the second course
of that tract or parcel of land conveyed by American Security Bank, N.A. to
Joseph Nazarion by a Deed dated November 20, 1978 and recorded among the
aforesaid Land Records in Liber NLP 5192, folio 420. Thence leaving U.S. Route
1, binding on a part of the first course of the conveyance unto Gosman and
binding on a part of the second course of the conveyance unto Nazarion (the
bearings herein referenced to the aforesaid Plat recorded in Plat Book NLP 105,
Plat 31)

         

        1) South
41 degrees 48 minutes 00 seconds East 101.30 feet to a rebar now set. Thence
leaving the land of Nazarion, binding on the second course of the land of Gosman
and binding on the first course of that tract or parcel of land conveyed by
Floyd E. Devers and Betty A. Devers to Exxon Company, U.S.A. by a Deed dated
August 7, 1989 and recorded among the aforesaid Land Records in Liber NLP 7398,
folio 687,

         

        2) North
48 degrees 12 minutes 00 seconds East 210.00 feet to a P.K. Nail now set. Thence
on part of the third course of the conveyance unto Gosman and on the second
course of the conveyance unto Exxon Company, U.S.A.

         

        3) North
83 degrees 29 minutes 45 seconds West 69.61 feet to a pin and cap heretofore
set. Thence leaving the outlines of the land of Exxon Company, U.S.A. and
binding on the third course of that tract or parcel of land conveyed by Keith G.
Gosman and Katherine E. Gosman to Michael T. Gosman, Keith G. Gosman and
Katherine E. Gosman by a Deed dated October 14, 1983 as recorded among the
aforesaid Land Records in Liber NLP 5780, folio 865

         

        4) South
69 degrees 49 minutes 22 seconds West 133.85 feet to intersect the southeasterly
right-of-way line of U.S. Route 1 as shown on the State Highway Administration
Plat No. 46473 and the northeasterly outline of Parcel "A" as shown on the
aforesaid Plat recorded in Plat Book NLP 105, folio 31. Thence binding
thereon

         

        5) South
48 degrees 12 minutes 00 seconds West 39.27 feet to the point of beginning
hereof.

         

        Containing
14717 square feet (0.33786 acre) of land more or less.

        

        PARCEL
II:

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        BEGINNING
for the same at a point on the southeasterly right-of-way line of U.S. Route 1,
Baltimore Avenue as shown on State Highway Administration Plat No. 46473 at the
beginning of that tract or parcel of land conveyed by Keith G. Gosman and
Katherine E. Gosman to Michael T. Gosman, Keith G. Gosman and Katherine
E. Gosman by Deed dated October 14, 1983 as recorded among the Land Records of
Prince George's
County in Liber NLP 5780, folio 865. Said point of beginning also being on the
northwestern outline of Parcel "A" as shown on a Plat entitled "Plat of
Correction for Parcel "A", Keith G. Gosman's Addition to Beltsville" as recorded
among the Land Records of Prince George's
County in Plat Book NLP 105, Plat 31. Thence from the point of beginning,
binding along the southeasterly right-of-way line of U.S. Route 1 and on the
first and second courses of the last mentioned conveyance (the bearings herein
referenced to the aforesaid Plat recorded in Plat Book NLP 105, Plat
31)

         

        1) North
48 degrees 12 minutes and 00 seconds East 80.49 feet to a pin and cap heretofore
set

         

        2) South
83 degrees 29 minutes 45 seconds East 66.06 feet to a pin and cap heretofore set
to intersect the southerly right-of-way line of Maryland Route 212, Powder Mill
Road as shown on State Highway Administration Plat No. 1961. Thence binding
thereon and on the third course of the conveyance recorded in Liber NLP 5780,
folio 865,

         

        3) South
69 degrees 49 minutes 22 seconds West 133.85 feet to the point of beginning
hereof.

         

        CONTAINING
1985 square feet (0.04557 acre) of land more or less.

         

        PARCELS
I AND II HEREIN BEING KNOWN AND DESIGNATED as Parcel "A" as shown on the Plat
entitled, "Plat of Correction for Parcel "A", Keith G. Gosman's Addition to
Beltsville", which Plat is recorded among the Land Records of Prince George's
County in Plat Book 105, folio 31.

         

        TOGETHER
WITH a right of way as set forth in Deed dated July 17, 1967 and recorded among
the Land Records of Prince George's County in Liber 3711, folio 8 by and between
John E. Eichman and Thelma L. Eichman, his wife, et al. and Keith G. Gosman and
Katherine E. Gosman, his wife.

         

        AND
BEING recorded in Deed Book 9913 at Page 651.

         

        AND

         

        Being
all of the residue of the property of Floyd E. and Betty A. Devers as recorded
in a conveyance to Floyd E. and Betty A. Devers in Liber 5466 at Folio 1, among
the land records of Prince George's County, Maryland, this is also the residue
of the property acquired by Floyd E. and Betty A. Devers from Charles P. and
Betty A. Dishl as described in a deed recorded in Liber 4673 at folio 785 among
the land records of Prince George's County, Maryland.

         

        Beginning
for the same at a point said point being the end of the first or South 38° 38'
East 125 foot deed line of the property described in a deed dated September 16,
1946 in Liber 865 at Folio 251, among the land records of Prince George's
County, Maryland said deed being a transfer from Cecelia Z.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        Oshinksy
and Herman Oshinsky to Keith G. Gosman and Katherine E. Gosman, said point also
being the end of the second or South 34° 30' East 128 foot line of the property
conveyed to Joseph Nazarion in Liber 5192 at Folio 420, said point also being
the point of beginning of the property conveyed to Floyd E. Devers and Betty A.
Devers as described in a deed dated September 21, 1976 in Liber 4673 at Folio
785 said point also being the southerly most corner of Parcel "A" as shown on a
"Plat of Correction for Parcel "A" Keith G. Gosman's Addition to Beltsville"
dated October 1979 and recorded in Plat Book 105 as Plat
Number 11; thence with the second line of the property described in Liber 865 at
Folio 251 and also with the first line of the property described in Liber 4673
at Folio 785 and the outline of Parcel "A"

         

        1. North
48° 11' 07' East 210.00 feet; thence wit the third line of Liber 865 at Folio
251 (in part) and the second line of the property described in Liber 4673 at
Folio 785 in part and the outline of Parcel "A"

         

        2. North
83° 30' 38" West 69.62 feet to the southerly right-of-way line of Powder Mill
Road as shown on State Roads Commission Plat Number 1961, thence departing the
outline of Parcel "A" and with the southerly right-of-way line of Powder Mill
Road the following two courses and distances,

         

        3) North
69° 46' 29" East 62.23 feet to a point said point being 30 feet from and at
right angles to Station 6 37.00 in the base line of said State Roads Commission
plat Number 1961, and

         

        4) South
83° 30' 38" East 146.94 feet to a point, said point being the end of the second
or North 48° 12' 00" East 278.33 foot deed line of the property conveyed to
Frank T. Hauser, Jr., and Lee Ganey, Jr., in Liber 5466 at folio 4; thence with
the line of Hauser and Ganey reversed

         

        5) South
48° 11' 07" West 270.33 feet to a point being the end of the first or South 72°
57' 00" East 93.48 foot deed line of the property described in Liber 5466 at
folio 1, thence with said first line reversed

         

        6) North
72° 57' 53" West 93.48 feet to the point and place of beginning and containing
22,227 square feet or 0.5105 of an acre of land, more or less.

         

        AND
BEING recorded in Deed Book 7398 at Page 687.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS # 08335648 - SS # 20395

         

         

        BEGINNING
FOR THE SAME at a point along the first or South 52 degrees 44 minutes East 157
foot line of conveyance from Elizabeth Frieda Rose to B. Earl Wenger by Deed
dated June 16, 1954 and recorded among the land records of Prince George's
County at Liber 1742, folio 394, 12.31 feet from a 1 inch pipe found at the
beginning thereof. Thence, leaving said line and running and binding along the
easterly line of that parcel of land dedicated to public use, as shown on plat
entitled, "Parcel A, Block 20, Landover Estates"
and recorded among the
aforesaid land records at Plat Book WWW 75, Plat 43, with all courses of this
description referenced to the meridian established in the Washington Suburban
Sanitary Commission Coordinate
System (Stations 19192 and 19193), as now surveyed,

         

        1) along a curve to the left in a
northeasterly direction having a radius of 2,898.78 feet, an arc distance of
181.94 feet and subtended by a chord North 40 degrees 14 minutes 16 seconds East
181.91 feet to a point of reverse curvature. Thence, continuing along said line
of public dedication,

         

        2) along
a curve to the right in a northeasterly direction having a radius of 50.00 feet,
an arc distance of 77.54 feet and subtended by a chord North 82 degrees 52
minutes 33 seconds East 70.00 feet to a point of tangency along the
southwesterly line of Cooper Lane (80 feet wide). Said point is south 52
degrees
41 minutes 49 seconds East 31. 67 feet, from a 1 inch pipe found. Thence,
running and binding
along said southwesterly
line,

         

        3) South
52 degrees 41 minutes 49 seconds East 134.34 feet to a pinched pipe found. Thence,
leaving said
southwesterly line of Cooper Lane and running and binding along The South 37
degrees 14 minutes 00 seconds West 203.22 line of said Plat entitled, "Parcel A,
Block 20, Landover Estates",

         

        4) South
37 degrees 18 minutes 11 seconds West 203.22 feet. Thence, continuing with a
portion of the outlines of said Plat and also running and binding reversely with
the second or South 52 degrees 44 minutes East 185.7 foot line of conveyance
from Charles H. Warner et ux
to Murray L. Ball by a deed dated June 15, 1937 and recorded among the aforesaid land records in
Liber 479, folio 389.

         

        5) North
60 degrees 45 minutes 59 seconds West 195.58 feet to the point of beginning
hereof.

         

        Containing 39,999 square feet
(0.9182 acres) of land,
more or less.

         

        MORE
PARTICULARLY being all of Parcel "A" as shown on a Plat entitled "Parcel
A, Block 20, Landover Estates" and recorded among the land records of
Prince George's County in Plat Book WWW 75, Plat 43.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335643 - SS # 20340

         

         

        2.3813
Acres of land surveyed for Exxon Corporation located at the Baltimore-Washington
Boulevard (U.S. Route 1) and Gorman Road (Relocated) in the Sixth Election
District of Howard County, Maryland.

         

        BEGINNING
FOR THE SAME at a concrete monument heretofore set at the northwesterly outline
of the land dedicated to public use for the purpose of a public road and the
northeasterly right of way line of Relocated Gorman Road as shown on a Plat
entitled "Freestate, parcel A, B, C and D, Lots 1 and 2 and Outlot 3", dated
November 20, 1991 and recorded among the land records of Howard County as Plat
MDR Number 10569. Said concrete monument is number 35 on said plat. Thence
binding on Relocated Gorman Road the following three courses and now
surveyed.

         

        1) North
55 degrees 45 minutes 00 seconds West 212.55 feet to an iron pin with cap
-stamped "LAI 161" heretofore set at the point of curvature numbered 34 on said
Plat, thence

        
           

          2)
by a tangent curve to the right in a northwesterly direction of radius
649.00
feet, an arc of 42.05 feet and subtended by a chord North 53 degrees 53
minutes
38 seconds West 42.05 feet to an iron pin with cap stamped "LAI 161"
heretofore
set at a point of compound curvature numbered 33 on said Plat, thence

          3) by
a tangent curve to the right in a northwesterly direction of radius 885.00 feet,
an arc of 37.35 feet and subtended by a chord North 50 degrees 49 minutes 44
seconds West 37.35 feet to a point at the division line of Outlot 3 and Parcel D
as shown on said plat. Thence leaving said right of way line of Relocated Gorman
Road and binding on Outlot 3 the following three courses:

        

         

        4) North
42 degrees 34 minutes 57 seconds East 224.20 feet to a point of
curvature;

         

        5) by
a tangent curve to the right in a northeasterly direction of radius 285.00 feet,
an arc of 152.21 feet and subtended by a chord North 57 degrees 52 minutes 57
seconds East 150.41 feet to a point of tangency,

         

        6) North
73 degrees 10 minutes 56 seconds East 73.51 feet to intersect at a point on the
South 16 degrees 49 minutes 04 seconds East 393.73 foot line between points
numbered 27 and 37 as shown on said plat. Thence binding on part of the seventh
course of that lot or parcel of land conveyed by The Bank of Baltimore to
Rockville Air Conditioning Supply, Inc., by a Special Warranty Deed dated
September 10, 1992 and recorded among the said Land Records in Liber 2635, Folio
0007. Also binding
on part of the northwesterly right of way line of Baltimore Washington Boulevard
U.S. Route 1 as shown on said plat and as shown on State Roads Commission of
Maryland Plat No. 12887 which was conveyed by Leon Manekin to the State of
Maryland, to the use of the State Roads Commission of Maryland by a Deed dated
January 13, 1955 and recorded among the said Land Records in Liber 264, folio
386.

         

        7) South
16 degrees 49 minutes 04 seconds East 235.52 feet to a point numbered 37 and on
said northwesterly outline of the land dedicated to public

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        use
for the purpose of a public road as shown on said Plat entitled "Freestate,
Parcels A, B, C and D, Lots 1 and 2 and Outlot 3". Thence leaving Baltimore-Washington Boulevard
and binding on said northwesterly
outline of the land dedicated to public use the following two courses:

         

        8) South
34 degrees 20 minutes 08 seconds West 243.37 feet to an iron pin with cap
stamped "LAI 161" heretofore set at point numbered 36 as shown on said
Plat,

         

        9) South
79 degrees 17 minutes 34 seconds West 42.46 feet to the point of
beginning.

         

        CONTAINING
2.3813 acres of land, more or less.

         

        BEING
KNOWN AND DESIGNATED as Parcel D as shown on the Plats entitled "Freestate,
Parcel A, B, C and D, Lots 1 and 2 and Outlot 3", which plats are recorded among
the land records of Howard County as Plat Nos. 10568 and 10569.

         

        TOGETHER
WITH the use of "Outlot 3" for ingress and egress as stated on said Plat
entitled "Freestate, Parcels A, B, C and D, Lots 1 and 2 and Outlot 3" and also
TOGETHER WITH the easement rights for ingress and egress as set forth in the
Easement, Use and Maintenance Agreement (Outlot 3, Freestate Subdivision) dated
April 29, 1997 and recorded among the land records of Howard County in Liber
3969, Folio 321 by and between Freestate Associates Limited Partnership, Exxon
Corporation and Davco Restaurants, Inc., and also TOGETHER WITH the benefit of
restrictive covenants as set forth in Declaration of Covenants and Restrictions
dated April 29, 1997 and recorded among the land records of Howard County in
Liber 3969, Folio 334 by Freestate Associates Limited Partnership.

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS # 08335734 - SS # 28299

         

         

        Parcel
H, Laurel Business Center Property on Plat recorded in Plat Book NLP 105 as Plat
Number 94, said tract being more particularly described as follows:

         

        Beginning at the northeasterly
corner of the tract herein described, said point being a corner to the R&F
corporation property as acquired by Deed from Hope G. Halter and Margaret S.
Halter dated November 23, 1959 in Liber 2401 at folio 426 and a point on the
southeasterly right-of-way line of Baltimore Avenue, U.S. Route 1, said Right of
Way being 120 feet wide; thence departing said Baltimore Avenue and running with
the southeasterly lines of the aforementioned R & F Corporation
property

         

        1. South
05° 31' 14" West, 214.49 feet to a point; thence continuing with the said R
& F Corporation property and continuing with the line of the David H.
DeVilliers, et al property as recorded in Liber 2339 at folio 72

         

        2. South
24° 09' 49" East, 155.64 feet to a point in the northeasterly right-of-way line
of Cherry Lane 120 feet wide; thence with said northeasterly line of Cherry Lane
the following two courses and distances

         

        3. An
arc distance of 210.03 feet along a curve to the left having a radius of
1,019.93 feet, a central angle of 11° 47' 56" and a chord which bears North 49°
54' 11" West, 209.66 feet to a point, and

         

        4. North
08° 02' 49" West, 77.71 feet to a point on the southeasterly line of Baltimore
Avenue; thence with the said southeasterly Right of Way of Baltimore
Avenue

         

        5. North
41°46'
23" East, 192.42 feet to the place of beginning containing 22,290 square
feet

         

        Together
with a road 25-feet wide centered on the first course of the property herein
described as established by Deed from Hope G. Halter and Margaret 5. Halter to R
& F Corporation recorded in Liber 2401 at Folio 426.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335731 - SS # 28261

         

         

        Parcel
C, in the subdivision known as "Parcels C, D & E of LAUREL EMPLOYMENT PARK",
as per plat recorded in Plat Book NLP 119, at Plat 22, among the land records of
Prince George's County, Maryland.

         

        AS-SURVEYED
LEGAL DESCRIPTION:

         

        Being
Parcel C, in subdivision known as "Parcels C, D & E of LAUREL EMPLOYMENT
PARK", as per plat recorded in Plat Book NLP 119, at Plat 22, among the land
records of Prince George's County, Maryland.

         

        Beginning
at a Capped Pin at the Southwestern corner of Parcels C, D & E shown on Plat
Book NLP 119, plat 22, said point also on the Eastern Right of Way line of
Sweitzer Lane, thence along a curve to the right with a radius of 914.93 feet
and a chord bearing North 21°29'33" West
199.60 feet to a point; thence North 58°38'59" East
50.87 feet to a point; thence South 81°55'13" East
200.00 feet to a point; thence South 00°37'57" East
184.09 feet to a point; thence North 90°00'00" West
170.36 feet to the TRUE POINT OF BEGINNING.

         

        Containing
42,000 square feet or .9642 acres of land, more or less.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS #
08335730 - SS # 28242

         

         

        Parcel
lettered "E" in a subdivision entitled "Parcels 'D' and 'E', Greenbelt East",
recorded among the land records of Prince George's County, Maryland in Plat Book
NLP 109 at Plat 49, and being more particularly described as
follows:

         

        BEGINNING
for the same at a point on the westerly right of way line of Hanover Parkway,
variable width, said point also being the southeasterly corner of Parcel "E", as
shown on the aforesaid plat, and running thence with the outline of said
Parcel
"E"

         

        1. North
65° 44' 23" West, 89.06 feet to a point of curvature;

         

        2. 37.91
feet along the arc of a curve, deflecting to the left, having a radius of 240.00
feet and a chord bearing North 70° 15' 54" West, 37.87 feet to the southwesterly
corner of said Parcel "E"; and

         

        3. North
06° 39' 20" East, 249.76 feet to the northwesterly corner of said Parcel "E",
said point also being on the southerly right of way line of Greenbelt Road, Md.
Rte. 193, as shown on said plat; thence with said right of way line and
continuing with the outline of said Parcel "E"

         

        4. 85.12
feet along the arc of a curve, deflecting to the right, having a radius of
648.49 feet and a chord bearing South 85° 02' 22" East, 85.06 feet to a point of
compound curvature;

         

        5. 152.18
feet along the arc of a curve, deflecting to the right, having a radius of 86.00
feet and a chord bearing South 30° 35' 12" East, 133.09 feet to a point of
tangency on said westerly right of way line of Hanover Parkway; thence with said
westerly right of way line and continuing with outline of said Parcel
"E";

         

        6. South
20° 06' 22" West, 167.02 feet to a point of curvature; and

         

        7. 20.02
feet along the arc of a curve, deflecting to the right, having a radius of
690.00 feet and a chord bearing South 20° 56' 15" West, 20.02 feet to the place
of beginning, containing 40,000 square feet or 0.9193 of an acre of
land.

         

        Together
with an easement for ingress and egress and being more particularly described as
follows:

         

        BEGINNING
for the same at the southeasterly corner of Parcel "D", as shown on the
aforesaid plat, and running thence with the outline of said Parcel
"D"

         

        1. 12.60
feet along the arc of a curve, deflecting to the left, having a radius of 240.00
feet and a chord bearing North 76° 17' 29" West, 12.60 feet to a point; thence
crossing
said Parcel "D"

         

        2. North
06° 39' 20" East, 121.12 feet to a point; and

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        3. North
83° 20' 40" West, 178.93 feet to a point on the easterly or North 06° 08' 20"
West, 158.53 foot line of said Parcel "D"; thence with part of said line, and
continuing with the outline of said Parcel "D"

         

        4. North
06° 08' 20" West, 78.36 feet to the northwesterly corner of said Parcel "D", said
corner also being on the southerly right of way line of Greenbelt Road, Maryland
Route 193; thence with said right of way line

         

        5. North
79° 16' 59" East, 63.00 feet to a point; thence crossing said Parcel "D" the
following four (4) courses

         

        6. South
06° 08' 20" East, 72.01 feet to a point;

         

        7. South
83° 20' 40" East, 120.21 feet to a point;

         

        8. North
06° 39' 20" East, 90.71 feet to a point; and

         

        9. 12.57
feet along the arc of a curve, deflecting to the right, having a radius of
638.49 feet and a chord bearing South 89° 27' 01" East, 12.57 feet to a point on
the easterly or South 06° 39' 20" West, 349.76 foot line of said Parcel "D"; thence

         

        10. South
06° 39' 20" West, 239.71 feet to the place of beginning, containing 11,439
square feet or 0.2626 of an acre of land.

         

        SUBJECT
TO an easement for ingress and egress and being more particularly described as
follows:

         

        BEGINNING
for the same at the southwesterly corner of aforesaid Parcel "E", and
running thence with the outline of said Parcel "E";

         

        1. North
06° 39' 20" East, 239.71 feet to a point; thence crossing said Parcel
"E"

         

        2. 12.55
feet along the arc of a curve, deflecting to the right, having a radius of
638.49 feet and a chord bearing South 88° 19' 23" East, 12.55 feet to a point;
and

         

        3. South
06° 39' 20" West, 243.02 feet to a point on the 2nd or 37.91 foot curved line,
described above; thence with a part of said curved line,

         

        4. 12.70
feet along the arc of a curve, deflecting to the left, having a radius of 240.00
feet and a chord bearing North 73° 16' 32" West, 12.70 feet to the place of
beginning, containing 3,017 square feet or 0.0693 of an acre of
land.

         

        Also
subject to a ten (10) food wide easement for utilities shown of said
plat.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335729 - SS # 28044

         

         

        Parcel
Lettered "D", in the subdivision known as "CLINTON EMPLOYMENT CENTER", as per
plat recorded in Plat Book NLP 103, Plat No. 86, among the land records of
Prince George's County, Maryland.

         

        LESS
AND EXCEPT that portion conveyed unto the State of Maryland to the use of the
State Highway Administration of the Department of Transportation recorded in
Deed Book 12662 at Page 677.

         

        AS-SURVEYED
LEGAL DESCRIPTION

         

        All
that certain plot, piece or parcel of land situate, lying and being in Prince
George's County, Maryland and being known as part of Parcel Lettered "D", in the
subdivision known as "CLINTON EMPLOYMENT CENTER", as per plat recorded in Plat
Book NLP 103, Plat No. 86, among the land records of Prince George's County,
Maryland, being more particularly bounded and described as follows:

         

        Beginning
at a point on the Southwest right-of-way line of Branch Avenue (200' wide), said
point also being the easternmost corner of the property herein
described;

         

        Thence,
along said Southwest right-of-way line, North 43°05'56" West
145.53 feet to a point;

         

        Thence
along a line connecting said Southwest right-of-way line of Branch Avenue and
the Southwest right-of-way line of Coventry Way (Variable Width), the following
two (2) courses and distances:

         

        1) North
82°22'40" West
25.13 feet to a point;

         

        2) South
73°26'51" West
33.54 feet to a point on the aforementioned Southeast right-of-way line of
Coventry Way;

         

        Thence
along the Southeast right-of-way line of Coventry Way, South 46°52'57" West
38.40 feet to a point of curvature;

         

        Thence
along the arc of a curve to the right having a radius of 560.00 feet, a chord
bearing and distance of South 53°16'37" West 124.73 feet, a total arc length of
124.99 feet to a point;

         

        Thence
along a line connecting said Southeast right-of-way line of Coventry Way with
the Northeast right-of-way line of Branch Avenue (width varies), South
22°43'40" West
32.28 feet to a point on said Northeast right-of-way line of Branch
Avenue;

         

        Thence
along said right-of-way line the following eight (8) courses and
distances:

         

        1) South
25°48'22" East
20.51 feet to a point;

         

        2) South
50°32'16" East
96.22 feet to a point;

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        3) North
87°39'26" East
37.65 feet to a point;

         

        4) North
58°10'18" East
84.40 feet to a point;

         

        5) North
64°11'38" East
26.27 feet to a point;

         

        6) North
64°50'31" East
49.64 feet to a point;

         

        7) North
64°50'31" East
4.67 feet to a point;

         

        8) North
46°52'56" East
43.32 feet to the Point of Beginning. 

         

        Containing
37,393 square feet, or 0.8584 acres of land, more or less.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335719 - SS # 27568

         

         

        BEING
ALL THAT TRACT OR PARCEL OF LAND SITUATE, LYING AND BEING IN PRINCE GEORGE'S
COUNTY, MARYLAND DESIGNATED AS PARCEL "B" IN THE SUBDIVISION KNOWN AS "OAKMONT
CENTER" AS PER PLAT RECORDED IN PLAT BOOK WWW 68 AT PLAT 86, AMONG THE AFORESAID
LAND RECORDS AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

         

        BEGINNING
AT A 1" O.D. IRON PIPE SET IN THE GROUND BEARING A PLASTIC CAP INSCRIBED
"D&D PROP MARX"
(HEREINAFTER REFERRED TO AS A STANDARD MARKER SET), SAID PIPE BEING ON THE
SOUTHEASTERLY RIGHT OF WAY LINE OF TANOW PLACE (70' WIDE) AT THE CORNER COMMON
TO PARCELS "B" AND "C" AS SHOWN ON SAID PLAT OF OAKMONT CENTER AND RUNNING
THENCE WITH THE LINE BETWEEN SAID PARCELS "B" AND "C"

         

        (1) SOUTH
43° 17' 42" EAST, 175.75 FEET TO A STANDARD MARKER SET AT THE NORTHEASTERLY
CORNER COMMON TO PARCELS "A" AND "B" AS SHOWN ON SAID PLAT OF OAKMONT CENTER AND
RUNNING THENCE WITH THE LINE BETWEEN SAID PARCELS "A" AND "B"

         

        (2) SOUTH
46° 42' 18" WEST, 140.00 FEET TO A CROSSCUT MADE ON THE CONCRETE CURB AT THE
SOUTHWESTERLY CORNER COMMON TO SAID PARCELS "A" AND "B", SAID
POINT BEING ALSO ON THE NORTHEASTERLY RIGHT OF WAY LINE OF MARLBORO PIKE
(MARYLAND ROUTE #4); RUNNING THENCE WITH SAID RIGHT OF WAY LINE

         

        (3) NORTH
43° 17' 42" WEST, 145.75 FEET TO A STANDARD MARKER SET; THENCE

         

        (4) 47.12
FEET ALONG THE ARC OF A CURVE TO THE RIGHT HAVING A RADIUS OF 30.80 FEET AND A
CHORD BEARING AND DISTANCE OF NORTH 01° 42' 18" EAST, 42.43 FEET TO A STANDARD
MARKER SET ON THE PREVIOUSLY MENTIONED SOUTHEASTERLY RIGHT OF WAY LINE OF TANOW
PLACE; THENCE WITH SAID RIGHT OF WAY LINE

         

        (5) NORTH
46° 42' 18" EAST, 110.00 FEET TO THE POINT OF BEGINNING.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335711 - SS # 27183

         

        Parcel
"C" containing 34,962 square feet or 0.80262 acres, more or less, a S
shown on a plat entitled "Parcel C, a Resubdivision of part of Parcel B,
Block EE, Section 4, CALVERTON",
recorded among the land records of Prince George's
County, Maryland, in Plat Book WWW No. 77 at Plat No. 90.

         

        AND
BEING the same property conveyed in Deed recorded April 20, 1972 in Liber 4064
at Folio 508, as re-recorded in Liber 4066 at Folio 554.

         

        AS-SURVEYED
LEGAL DESCRIPTION:

         

        Being
Parcel "C" containing 34,962 square feet or 0.80262 acres, more or less, as
shown on a plat entitled "Parcel C, a Resubdivision of part of Parcel B, Block
EE, Section 4, CALVERTON", recorded among the land records of Prince George's
County, Maryland, in Plat Book WWW No. 77 at Plat No. 90, being more
particularly described as follows:

         

        Beginning at a Capped Pin on the
Northwesterly Right of
Way line of Powder
Mill Road, thence
South 52°52'20"
West 122.50 feet to a point; thence along a curve to the right
with a radius of 50.00 feet and a chord bearing North 82°07'40"
West 70.71 feet to a point; thence North 37°07'40"
West 172.50 feet to a point; thence North 52°52'20"
East 112.47 feet to a point; thence South 69°07'59"
East 113.26 feet to a point; thence South 37°07'40"
East 126.45 feet to the TRUE POINT OF BEGINNING.

         

        Containing
34,961 square feet or 0.8026 acres or land, more or less.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335707 - SS # 26189

         

         

        Lot
4, as shown on plat titled "Lots 2 through 4, Block D " A Resubdivision of Lot
1, Block "D" P.B. 114 P. No. 78, Plat No. 8 City of Capitals, Queen Anne (7th)
Election District, Prince George's County, Maryland", recorded among the land
records of Prince George's
County, Maryland in Plat Book VJ 167, Plat No. 39.

         

        AS-SURVEYED
LEGAL DESCRIPTION:

         

        Being
Lot 4, as recorded among the land records of Prince George's County, Maryland in
Plat Book VJ 167, Plat No. 39, and more particularly described as
follows:

         

        Beginning
at the intersection of the North Right of Way line of Harbour Way and the West
Right of Way line of Robert Crain Highway, thence North 88°53'28" West
77.38 feet to a point; thence along a curve to the right with a radius of 352.50
feet and a chord bearing North 79°53'53" West
110.20 feet to a point; thence along a curve to the left with a radius of 300.00
feet

         

        and
a chord bearing North 08°53'06" East
35.14 feet to a point; thence North 05°31'39" East
208.42 feet to a point; thence South 84°28'21" East
223.32 feet to a point; thence South 23°47'54" West
50.64 feet to a point; thence South 12°00'12" West
199.51 feet to the TRUE POINT OF BEGINNING.

         

        Containing
50,000 square feet or 1.1479 acres of land, more or less.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335705 - SS # 26105

         

         

        Being
part of the land conveyed by Robert W. Ammann and Sherman H. Hollingsworth,
Joint Tenants, to Northampton Corporation, by deed dated August 20, 1964 and
recorded September 4, 1964 among the land records of Prince George's County,
Maryland in Liber 3028 at Folio 457 and more particularly described as
follows:

         

        BEGINNING for the same at a
point in the 13th or arc distant 671.65 foot line of Tract No. 1 of the
aforesaid deed, distant 206.23 feet from the easterly end thereof and running
thence across the lands of Northampton Corporation,

         

        1. South
21° 23' 14" East 200.00
feet to a point; and

         

        2. South
78° 06' 19" West 174.99 feet to a point in the 4th or South 21° 23' 14" East 327.20 foot line of the
Easement for Ingress and Egress to the 0.5136 Acre Exception to the
aforesaid Tract 1; thence reversely with part of said 4th line,

        
           

          3.
North 21° 23' 14" West 200.00 feet to a point in the aforesaid 13th line
thence
with part of said 13th line and with the southerly line of
Central Avenue,
as shown on State Roads Commission of Maryland Plat No. 27175, and along
the arc of a curve deflecting to the left, said curve having a radius
of 4467.37
feet and along chord bearing and distance of North 78° 06' 19" East 174.99
feet,

        

        
           

          4. An
arc distance of 175.00 feet to the place of beginning, containing 34,419 square
feet or 0.7901 acres of land.

        

         

        ALSO
KNOWN AS:

         

        Parcel
"C" Hampton Mall, on Plat by Thomas B. McNeill, L.S., dated March 1969 and
recorded in Plat Book A, Plat No. 7157, among the land records of Prince
George's County, Maryland.

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        NTS
# 08335692 - SS # 25417

         

         

        Parcel
C in the subdivision known as "Humble Oil and Refining Company", as per plat
thereof recorded at Plat Book WWW 50 at Plat 35 and in addition thereto all of
the grantors rights in a certain deed of Easement recorded in Liber 2965, folio
593, among the land records of Prince George's County, Maryland.

         

        AS-SURVEYED
LEGAL DESCRIPTION:

         

        Parcel
C in the subdivision known as "Humble Oil & Refining Company", as per plat
thereof recorded at Plat Book WWW 50 at Plat 35 and in addition thereto all of
the grantors rights in a certain deed of Easement recorded in Liber 2965, folio
593, among the land records of Prince George's
County, Maryland.

         

        Beginning
at the Southernmost corner of Parcel C, as recorded in Plat Book WWW 50 at Plat
35, thence along the Northern Right of Way line of Landover Road, North
61°37'50" West
138.82 feet to a point; thence leaving said Right of Way line, North 25°37'00" East
101.09 feet to a point; thence South 58°33'30" East
139.37 feet to a point; thence South 25°37'00" West
93.61 feet to the TRUE POINT OF BEGINNING.

         

        Containing
13,498 square feet or 0.3099 acres of land, more or less.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335687 - SS # 25385

         

         

        Known
as Lots Numbered 18, 19, 20 and 21, in Block No. 11, in a subdivision known as
"Addition to Berwyn" as per plat recorded in Plat Book DBS 1 at Plat 30, among
the land records of Prince George's County Maryland and described by metes and
bounds as follows:

         

        BEGINNING
at a P.K. nail in a concrete drive at the intersection of the North line of
Pontiac Street and the easterly line of Washington-Baltimore Boulevard and
proceeding thence with the easterly line of said Boulevard

         

        (1)
North 23° 10' 30" East 102.88 feet to a P.K. nail, thence leaving the easterly
line of Washington-Baltimore Boulevard and proceeding (2) South 80° 30' East
145.70 feet to an iron pipe on the West line of a 15' alley, thence with the
West line of said alley (3) South 9° 30' West 100 feet to an iron pipe on the
North line of Pontiac Street, thence with the North line of Pontiac Street (4)
North 80° 30' West 170.02 feet to the point of beginning, containing 15,786
square feet, more or less.

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        NTS
# 08335675 - SS # 24980

         

         

        BEING
PART OF THE LANDS CONVEYED BY MARY L. MILLER, ET VIR, ET AL, TO EDWARD VOLLAND,
BY DEED DATED JULY 19, 1939 AND RECORDED AMONG THE LAND RECORDS OF PRINCE
GEORGE'S
COUNTY, MARYLAND IN LIBER 532 AT FOLIO 472, AND BEING MORE PARTICULARLY
DESCRIBED AS FOLLOWS:

         

        BEGINNING
FOR THE SAME AT A P.K. NAIL SET IN THE NORTHERLY LINE OF CHILLUM ROAD (MARYLAND
ROUTE # 501) AS SHOWN ON STATE ROADS COMMISSION OF MARYLAND PLAT NO. 15718, SAID
POINT ALS0 BEING THE SOUTHEASTERLY CORNER OF PARCEL A-12 AS SHOWN ON A PLAT OF
SUBDIVISION ENTITLED "PARCEL A-12, MARYLAND CITY CENTRE",
RECORDED AMONG THE AFORESAID LAND RECORDS IN PLAT BOOK WWW 32 AT PLAT NO. 36,
AND RUNNING THENCE WITH THE EASTERLY LINE OF SAID PARCEL A-12

         

        1. NORTH
74°45'03" EAST
21.98 FEET TO AN IRON PIN FOUND; AND

         

        2. NORTH
34°04'03" EAST
132.00 FEET TO AN IRON PIN FOUND; THENCE CROSSING THE LANDS OF EDWARD
VOLLAND

         

        3. SOUTH
65° 25'57" EAST
104.22 FEET TO A DRILL HOLE SET IN THE WESTERLY LINE OF QUEENS CHAPEL ROAD
(MARYLAND ROUTE # 500) AS SHOWN ON THE AFORESAID PLAT NO. 15718; THENCE WITH
SAID WESTERLY LINE

         

        4. SOUTH
18°23'03" WEST
89.77 FEET TO A DRILL HOLE SET AT A POINT OF CURVATURE IN THE AFORESAID
NORTHERLY LINE OF CHILLUM ROAD; THENCE WITH SAID NORTHERLY LINE, THE FOLLOWING
SIX COURSES AND DISTANCES.

         

        5. 126.34
FEET WITH THE ARC OF A CURVE DEFLECTING TO THE RIGHT, HAVING A RADIUS OF 75.00
FEET AND A CHORD BEARING SOUTH 66°38'33" WEST
111.92 FEET TO A PIPE SET AT A POINT OF TANGENCY;

         

        6. NORTH
65°05'56" WEST
55.95 FEET TO A PIPE SET;

         

        7. NORTH
49°42'05" EAST
6.50 FEET TO A PIPE SET;

         

        8. NORTH
65°27'10" WEST
5.97 FEET TO A PIPE SET;

         

        9. NORTH
24°32'50" EAST
21.86 FEET TO A P.K. NAIL SET; AND

         

        10. NORTH
65°27'10" WEST
18.39 FEET TO THE PLACE OF BEGINNING, CONTAINING 20,398 SQUARE FEET OR 0.4683
ACRES OF LAND.

      

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

      SCHEDULE
1

      Eligible Leasehold
Property

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

       

      
        
          
          

        

        
          S-1

          
            

          

        

        
          
          

        

      

       

      
        
          	
                  Location

                  Number

                	 	Address	Town	State	Zip
      Code 
	40008	 	13236 POWAY
      ROAD 	POWAY 	CA	92064 
	6151	 	105 WEST
      STREET 	BRISTOL 	CT	06010 
	6811	 	774 FARMINGTON
      AVE 	BRISTOL 	CT 	06010 
	6155	 	368 WEST HIGH
      STREET 	COBALT 	CT 	06414 
	6872	 	339 OLD HARTFORD
      ROAD 	COLCHESTER 	CT 	06415 
	6851	 	241 WHITE
      STREET 	DANBURY 	CT 	06810 
	6156	 	384 MAIN
      STREET 	DURHAM 	CT 	06422 
	6158	 	56 ENFIELD
      STREET 	ENFIELD 	CT 	06082 
	6853	 	126 SOUTH
      ROAD 	ENFIELD 	CT 	06082 
	6766	 	3050 WHITNEY
      AVE 	HAMDEN 	CT 	06514 
	6870	 	1500 CORBIN
      AVENUE 	NEW
      BRITAIN 	CT 	06053 
	595	 	222 DANBURY
      RD 	NEW
      MILFORD 	CT 	06776 
	596	 	195 STATE
      STREET 	NORTH
      HAVEN 	CT 	06473 
	365	 	1324 EAST PUTNAM
      AVE 	OLD
      GREENWICH 	CT 	06870 
	688	 	301 EAST &
      WHITING STS 	PLAINVILLE 	CT 	06062 
	6817	 	1294 E. MAIN
      ST. 	TORRINGTON 	CT 	06790 
	6172	 	506 TALCOTVILLE
      ROAD 	VERNON 	CT 	06066 
	611	 	40 NORWICH ROAD
      (ROUTE 32) 	WATERFORD 	CT 	06385 
	6850	 	210 SOUTH
      STREET 	WEST
      HARTFORD 	CT 	06110 
	6181	 	1309 BOSTON POST
      ROAD 	WESTBROOK 	CT 	06498 
	613	 	1830 E. STATE
      STREET 	WESTPORT 	CT 	06880 
	6179	 	930 SILAS DEANE
      HIGHWAY 	WETHERSFIELD 	CT 	06109 
	6183	 	1916 POQUONOCK
      AVE. 	WINDSOR 	CT 	06095 
	6184	 	245 ELLA GRASSO
      HIGHWAY 	WINDSOR
      LOCKS 	CT 	06096 
	687	 	47 WOLCOTT
      RD. 	WOLCOTT 	CT 	06716 
	8635	 	BASIN ROAD &
      FRENCHTOWN TPKE. 	NEW
      CASTLE 	DE 	19720 
	617	 	18 SPRINGFIELD STREET
      	AGAWAM 	MA 	01001
	619	 	824 SUFFIELD ST.
      & SILVER  	AGAWAM 	MA 	01001 
	30716	 	308 THACHER
      STREET	ATTLEBORO 	MA 	02703 
	30711	 	321 SOUTHBRIDGE
      STREET 	AUBURN 	MA 	01501 
	30515	 	331 BENNINGTON
      ST 	BOSTON 	MA 	02128 
	30648	 	321 ADAMS
      STREET 	DORCHESTER 	MA 	02122

        

         

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          	30601	 	701 COCHITUATE
      ROAD 	FRAMINGHAM 	MA	01701
	30713	 	274 HIGH
      STREET 	LOWELL 	MA	01852
	30647	 	151 MAIN
      STREET 	MEDFORD 	MA	02155
	30161	 	65 MAIN
      STREET 	MILFORD 	MA	01757
	30702	 	CAPE ROAD (RT. 140)
      & WATER ST 	MILFORD 	MA	01757
	30714	 	365 LAFAYETTE
      ROAD 	SALISBURY 	MA	01952
	30537	 	1258 WILBUR
      AVE 	SOMERSET 	MA	02725
	30674	 	176 WORCESTER
      RD. 	SOUTHBRIDGE 	MA	01550
	30646	 	825 WASHINGTON
      STREET 	STOUGHTON 	MA	02072
	30649	 	452 CANTON
      STREET 	STOUGHTON 	MA	02072
	30712	 	156 CRESCENT
      STREET 	WALTHAM 	MA	02154
	30562	 	1 OAK HILL
      ROAD 	WESTFORD 	MA	01886
	30675	 	959 SOUTHBRIDGE
      STREET 	WORCESTER 	MA	01610
	30710	 	350 GREENWOOD
      STREET 	WORCESTER 	MA	01607
	40031	 	2207 NORTH HOWARD
      STREET 	BALTIMORE 	MD	21218
	40032	 	8300 BALTIMORE
      NATIONAL PIKE 	ELLICOTT
      CITY 	MD	21043
	28231	 	210 CIVIC CENTER
      DRIVE 	AUGUSTA 	ME	04332
	28200	 	990 LISBON
      STREET 	LEWISTON 	ME	04240
	55274	 	32 BRIDGE
      STREET 	PELHAM 	NH	03076
	55269	 	9 VILLAGE
      STREET 	PENACOOK 	NH	03303
	55252	 	663 LAYAFETTE
      ROAD 	SEABROOK 	NH	03874
	56079	 	1061 BROADWAY (53RD
      ST.) 	BAYONNE 	NJ	07002
	56049	 	SPRINGFIELD &
      PLAINFIELD 	BERKELEY
      HGTS 	NJ	07922
	56093	 	713 PLAINFIELD
      AVENUE 	BERKELEY
      HGTS  	NJ	07922
	652	 	R.D.#1
      ROUTE 130 	BEVERLY 	NJ	08010
	56275	 	1942 LINCOLN
      HIGHWAY 	EDISON 	NJ	08817
	56852	 	134 NJ RT. #4 (EAST
      BOUND 	ENGLEWOOD 	NJ	07631
	56138	 	184 SOUTH AVE. (3RD
      AVE.) 	FANWOOD 	NJ	07023
	56276	 	1490 BERGEN
      BOULEVARD 	FORT
    LEE 	NJ	07024
	56145	 	3639 ROUTE 9
      (NORTH) 	FREEHOLD 	NJ	07728
	56924	 	MIDLAND AVE. &
      OUTWATER LANE 	GARFIELD 	NJ	07026
	56195	 	345 ROUTE 22
      E. 	GREENBROOK 	NJ	08812
	659	 	RTE 440 &
      DANFORTH AVE 	JERSEY
      CITY 	NJ	07303
	661	 	100 WHITE HORSE
      PIKE 	LAWNSIDE 	NJ	08045

        

         

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	56867	 	MAIN ST & STATION
      RD 	MADISON 	NJ	07940 
	319	 	120 MOFFATT
      ROAD 	MAHWAH 	NJ	07430 
	56169	 	128 CHESTNUT RIDGE RD
      & LAKE 	MONTVALE 	NJ	07645 
	56251	 	1371 ROUTE 202
      NORTH 	NESHANIC
      STATION 	NJ	08853 
	56909	 	RIVER RD. &
      MADISON AVE. 	NEW
      MILFORD 	NJ	07646 
	254	 	1700 GEORGES RD. RT
      130 	NORTH
      BRUNSWICK 	NJ	08902 
	56057	 	RT. 35 & SUNSET
      AVE. 	OCEAN
      TOWNSHIP 	NJ	07712 
	667	 	639 RTE 17
      SOUTH 	PARAMUS 	NJ	07652 
	56112	 	745 CONVERY
      BLVD 	PERTH
      AMBOY 	NJ	08861 
	56255	 	2501 BRIDGE
      AVE. 	POINT
      PLEASANT 	NJ	08742 
	654	 	669 SOMERSET
      STREET 	SOMERSET 	NJ	08873 
	671	 	2401 ROUTE 22
      WEST 	UNION 	NJ	07083 
	56096	 	75 SPRINGSIDE &
      WOODLANE RDS. 	WESTHAMPTON
      TWP 	NJ	08060 
	56280	 	320 OLD HOOK RD
      AND CARVER AVE 	WESTWOOD 	NJ	07675 
	58092	 	657 SAWMILL RIVER
      RD 	ARDSLEY 	NY	10502 
	58044	 	764 SUNRISE
      HIGHWAY 	BALDWIN 	NY	11510 
	58790	 	330 RT 304
      N 	BARDONIA 	NY	10954 
	58917	 	336 WEST WASHINGTON
      STREET 	BATH 	NY	14810 
	54	 	172 HOWELLS
      RD 	BAY
    SHORE 	NY	11706 
	115	 	3400-08 BAYCHESTER
      AVE 	BRONX 	NY	10475 
	152	 	3337 BOSTON
      RD 	BRONX 	NY	10469 
	323	 	3083 WEBSTER
      AVE 	BRONX 	NY	10467 
	549	 	1220 EAST 233RD
      STREET 	BRONX 	NY	10466 
	58616	 	1895 BRUCKNER
      BOULEVARD 	BRONX 	NY	10472 
	126	 	4302 FT HAMILTON
      PWY 	BROOKLYN 	NY	11219 
	128	 	2504 HARWAY
      AVE 	BROOKLYN 	NY	11214 
	58015	 	8202 7TH
      AVENUE 	BROOKLYN	NY	11228 
	58918	 	3211 COUNTY ROAD #
      10 	CANANDAIGUA 	NY	14424 
	363	 	350 ROCKAWAY
      TPKE 	CEDARHURST 	NY	11516 
	58064	 	1880 FRONT
      STREET 	EAST
      MEADOW 	NY	11554 
	58818	 	311 LARKFIELD
      ROAD 	EAST
      NORTHPORT 	NY	11731 
	116	 	128 EAST MAIN
      ST 	ELMSFORD 	NY	10523 
	58024	 	80 HORACE HARDING
      BLVD. 	GREAT
      NECK 	NY	11020 
	58054	 	490 PULASKI
      ROAD 	GREENLAWN 	NY	11740

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          	79	 	25 HARTSDALE
      AVE 	HARTSDALE 	NY 	10530 
	572	 	476 COMMERCE
      & RTE 141 	HAWTHORNE 	NY 	10532 
	58603	 	1784
      BROADWAY 	HEWLETT 	NY 	11557 
	58081	 	65 EAST PULASKI
      RD 	HUNTINGTON
      STATION 	NY 	11746 
	9998	 	125 JERICHO
      TPKE. 	JERICHO 	NY 	11753 
	58757	 	125 JERICHO TPKE.
      (SUITE 103) 	JERICHO 	NY 	11753 
	58876	 	125 JERICHO
      TPKE. (SUITE 202) 	JERICHO 	NY 	11753 
	366	 	440 HAWKINS
      AVE 	LAKE
      RONKONKOMA 	NY 	11779 
	117	 	946 BOSTON POST
      RD. 	MAMARONECK 	NY 	10543 
	58602	 	532 PLANDOME
      RD. 	MANHASSET 	NY 	11030 
	58774	 	165 ROUTE
      59 	MONSEY 	NY 	10952 
	58263	 	280 E. MAIN
      ST 	MOUNT
      KISCO 	NY 	10549 
	571	 	660 N. BROADWAY, RTE.
      22 	N. WHITE
      PLAINS 	NY 	10600 
	77	 	758 PELHAM
      RD 	NEW
      ROCHELLE 	NY 	10805 
	58121	 	67 QUAKER RIDGE
      RD. 	NEW
      ROCHELLE 	NY 	10804 
	58205	 	51-63 EIGHTH
      AVE. 	NEW
    YORK 	NY 	10014 
	58409	 	119 WEST 145TH
      ST 	NEW
    YORK 	NY 	10039 
	585592	 	242 DYCKMAN
      STREET 	NEW
    YORK 	NY 	10034 
	357	 	450 WYANDANCH
      AVE 	NORTH
      BABYLON 	NY 	11703 
	579	 	185 NORTH
      HIGHLAND AVE 	OSSINING 	NY 	10562 
	16	 	98-21 ROCKAWAY
      BLVD 	OZONE
      PARK 	NY 	11417 
	574	 	3230 ROUTE
    22	PATTERSON 	NY 	12563 
	358	 	185 EAST LINCOLN
      AVE 	PELHAM 	NY 	10803 
	58802	 	111 MAIN
      STREET 	PINE
    BUSH 	NY 	12566 
	573	 	1 PLEASANTVILLE
      ROAD 	PLEASANTVILLE 	NY 	10570 
	103	 	200
      WESTCHESTER AVE 	PORT
      CHESTER 	NY 	10573 
	58798	 	252 INNIS
      AVENUE 	POUGHKEEPSIE 	NY 	12603 
	58812	 	RT 9W & RT
      143 	RAVENA 	NY 	12143 
	58806	 	RT 9 & ST. JOHN
      STREET 	RED
    HOOK 	NY 	12571 
	58072	 	ROUTES 9 AND
      9G 	RHINEBECK 	NY 	12572 
	58146	 	11 FLANDERS
      RD. 	RIVERHEAD 	NY 	11901 
	578	 	1 BOSTON POST
      RD 	RYE 	NY 	10580 
	58703	 	1372 UNION ST &
      BRANDYWINE AVE 	SCHENECTADY 	NY 	12363
	704	 	4030 MERRICK
      ROAD 	SEAFORD 	NY 	11783

        

         

        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	681	 	1258 MIDDLE COUNTRY
      RD 	SELDEN 	 NY 	11784 
	58574	 	241 TERRY
      ROAD 	SMITHTOWN 	 NY 	11787 
	350	 	69 PASCACK
    ROAD	SPRING
    VALLEY	NY	10977
	235	 	1820 RICHMOND
      ROAD	STATEN
    ISLAND	NY	10306 
	396	 	1842 VICTORY
      BLVD 	STATEN
      ISLAND 	NY 	10314 
	561	 	387 PORT RICHMOND
      AVE. 	STATEN
      ISLAND 	NY	10302 
	58553	 	5931 AMBOY ROAD
      (BETHUNE) 	STATEN
      ISLAND 	NY 	10309 
	58042	 	308 COLUMBUS
      AVE 	TUCKAHOE 	NY 	10707 
	58568	 	360 CENTRAL
      AVE. (CLAREND) 	VALLEY
      STREAM 	NY 	11580 
	544	 	190 AQUEDUCT
      ROAD 	WHITE
      PLAINS 	NY 	10606 
	570	 	69 BANK
      STREET 	WHITE
      PLAINS 	NY 	10606 
	58025	 	1169 KNOLLWOOD
      ROAD 	WHITE
      PLAINS 	NY 	10603 
	546	 	56-02
      BROADWAY 	WOODSIDE 	NY 	11377 
	58817	 	449 MAIN
      STREET 	YAPHANK 	NY 	11980 
	78	 	1800 CENTRAL
      AVE 	YONKERS 	NY 	10700 
	121	 	1115 YONKERS
      AVE 	YONKERS 	NY 	10704 
	576	 	331 TUCKAHOE
      ROAD 	YONKERS 	NY 	10700
	577	 	719 BRONX RIVER
      RD 	YONKERS 	NY 	10700 
	58101	 	774 TUCKAHOE
      RD. 	YONKERS 	NY 	10710 
	67649	 	105 SOUTH MAIN
      STREET 	BIGLERVILLE 	PA 	17307 
	69685	 	1070 TRINDLE
      ROAD 	CARLISLE 	PA 	17013 
	67432	 	ROUTE #309 &
      FAIRMOUNT STREET 	COOPERSBURG 	PA 	18036 
	751	 	630 LINCOLN HWY RT
      1 	FAIRLESS
      HILLS 	PA 	19030 
	67602	 	3710 WESTCHESTER
      PIKE 	NEWTOWN
      SQUARE 	PA 	19073 
	68642	 	3381 E. MAIN
      RD. 	PORTSMOUTH 	RI	02871 
	68005	 	1188 CUMBERLAND HILL
      ROAD 	WOONSOCKET 	RI	02895 
	71173	 	7000 THREE CHOPT
      RD 	RICHMOND 	VA	23226 
	71032	 	2214 ELECTRIC RD.,
      SW 	ROANOKE 	VA	24018 
	71109	 	1115 MAIN
      STREET 	ROANOKE 	VA	24015 
	71704	 	5420 PETERS CREEK
      RD. 	ROANOKE 	VA	20419 
	71110	 	THOMPSON MEMORIAL
      BLVD. & CLAY 	SALEM 	VA 	24153 
	71264	 	209 E. HOLLY
      AVENUE 	STERLING
      PARK 	VA 	22170 
	71251	 	1099
      INDEPENDENCE BLVD. 	VIRGNIA
      BEACH 	VA	23455 
	167	 	GETTY REALTY CORP.
      LEASED LOCATIONS	 	 	 

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      SCHEDULE
5.6

      Litigation

       

       

      None.

       

       

       

       

       

       

       

      

      
        
          
          

        

        
          S-1

          
            

          

        

        
          
          

        

      

       

      SCHEDULE
7.2

      Indebtedness

       

       

       

       

       

       

       

       

       

      

       

      
        
          
          

        

        
          S-1

          
            

          

        

        
          
          

        

      

       

      GETTY
REALTY CORP.

      MORTGAGES
PAYABLE

      SEPTEMBER 30, 2009 VS.
DECEMBER 31, 2008

      (IN
THOUSANDS)

       

      
         

        
          	 	 	 	 	 	Interest	 	Inception 	 	Due 	 	Balance	 	 	 	 	 	Ending	 	 	Current	 
	Payable to	 	Location	 	 	Rate	 	Date	 	Date	 	12/31/08	 	 	Reductions	 	 	Balance	 	 	Portion	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Lake White
      Corp. 	 	 	00074	 	 	 	6	%	 12/31/08	 	 12/31/13	 	 	250	 	 	 	29	 	 	 	221	 	 	 	46	 

        

         

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      SCHEDULE
7.4

      Liens

       

       

       

       

       

       

       

       

       

       

      
 

      
        
          
          

        

        
          S-1

          
            

          

        

        
          
          

        

      

       

       

      
        GETTY
REALTY CORP.

        MORTGAGES
PAYABLE

        SEPTEMBER 30, 2009 VS.
DECEMBER 31, 2008

        (IN
THOUSANDS)

         

        
           

          
            	 	 	 	 	 	Interest	 	Inception 	 	Due 	 	Balance	 	 	 	 	 	Ending	 	 	Current	 
	Payable to	 	Location	 	 	Rate	 	Date	 	Date	 	12/31/08	 	 	Reductions	 	 	Balance	 	 	Portion	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Lake White
      Corp. 	 	 	00074	 	 	 	6	%	 12/31/08	 	 12/31/13	 	 	250	 	 	 	29	 	 	 	221	 	 	 	46	 

          

        

      

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      SCHEDULE
8.1

      Environmental

       

       

       

       

       

       

       

       

       

       

       

       

       

      
 

      
        
          
          

        

        
          S-1

          
            

          

        

        
          
          

        

      

       

      
        	Facility ID	Facility
    City	Facility ID
      State	Current Lifecycle
      Plans
	6	 Brooklyn	NY 	GW
      Monitoring 
	7	 Jamaica	NY 	GW
      Monitoring 
	8	 Rego
    Park	NY 	RAP
      Implementation 
	16	 Ozone
      Park	NY 	GW
      Monitoring 
	17	 Brooklyn	NY 	RAP
    Prep 
	24	 Bronx	NY 	Closure
      Activities 
	 38	 Oceanside	NY 	GW
      Monitoring 
	 61	 Middle
      Island	NY 	GW
      Monitoring 
	 77	 New
      Rochelle	NY 	GW
      Monitoring 
	 91	 Elmsford	NY 	O &
    M 
	 102	 Peekskill	NY 	O &
    M 
	 103	 Port
      Chester	NY 	O &
    M 
	 115	 Bronx	NY 	GW Monitoring 
	 126	 Brooklyn	NY 	Assessment 
	 200	 Staten
      Island	NY 	RAP
      Implementation 
	 210	 Bronx	NY 	GW
      Monitoring 
	 214	 Jamaica	NY 	GW
      Monitoring 
	 223	 Brooklyn	NY 	GW
      Monitoring 
	 232	 Bellaire	NY 	Closure
      Activities 
	 234	 Staten
      Island	NY 	O &
    M 
	 235	 Staten
      Island	NY 	GW
      Monitoring 
	 247	 Brooklyn	NY 	GW
      Monitoring 
	 257	 Bronx	NY 	RAP Implementation 
	 259	 Bronx	NY 	Assessment 
	 269	 Bronx	NY 	GW
      Monitoring 
	 270	 Bronx	NY 	GW
      Monitoring 
	 275	 Bronx	NY 	O &
    M 
	 277	 Bronx	NY 	O &
    M 
	 278	 Yonkers	NY 	O &
    M 
	 288	 Atlantic
      Highlands	NJ 	GW
      Monitoring 
	 304	 Old
      Bridge	NJ 	O &
    M 
	 312	 Flushing	NY 	GW
      Monitoring 
	 323	 Bronx	NY 	Closure
      Activities 
	 324	 Staten
      Island	NY 	GW
      Monitoring 
	 329	 Bronx	NY 	O &
    M 
	 339	 New
    York	NY 	Closure
      Activities 
	 340	 New
    York	NY 	O & M 
	 341	 New
    York	NY 	GW
      Monitoring 
	 353	 Flushing	NY	GW
      Monitoring 
	 357	 N.
      Babylon	NY 	GW
      Monitoring 
	 360	 Smithtown	NY 	Closure
      Activities 
	 361	 Astoria	NY 	GW
      Monitoring 
	 362	 Staten
      Island	NY 	GW
      Monitoring 
	 365	 Old
      Greenwich	CT 	Closure
      Activities 
	 369	 White
      Plains	NY 	O &
    M 
	 370	 Keyport	NJ 	Closure
      Activities 
	 396	 Staten
      Island	NY 	GW
      Monitoring 
	 491	 Wantagh	NY 	Assessment 
	 523	 Toms
      River	NJ 	GW
      Monitoring 
	 535	 N.
      Babylon	NY 	O &
    M 
	 539	 W.
      Paterson	NJ 	O &
      M

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          	
                  549

                	
                   Bronx

                	
                  NY

                	
                  GW
      MonMonitoring

                
	
                  564

                	
                   Brooklyn

                	
                  NY

                	
                  RAP
      Prep

                
	
                  589

                	
                   Manchester

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  590

                	
                   Meriden

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  595

                	
                   New
      Milford

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  600

                	
                   Wauregan

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  604

                	
                   Terryville

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  606

                	
                   Tolland

                	
                  CT

                	
                  Closure
      Activities

                
	
                  611

                	
                   Waterford

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  615

                	
                   Woodbridge

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  624

                	
                   Granby

                	
                  MA

                	
                  O
      & M

                
	
                  628

                	
                   Monson

                	
                  MA

                	
                  O
      & M

                
	
                  633

                	
                   PITTSFIELD

                	
                  MA

                	
                  Closure
      Activities

                
	
                  637

                	
                   Springfield

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  647

                	
                   OSSINING

                	
                  NY

                	
                  O
      & M

                
	
                  653

                	
                   Elizabeth

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  655

                	
                   Englishtown

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  656

                	
                   Hamilton

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  660

                	
                   Lakewood

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  661

                	
                   Lawnside

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  664

                	
                   Newark

                	
                  NJ

                	
                  RAP
      Implementation

                
	
                  667

                	
                   Paramus

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  673

                	
                   Pleasantville

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  676

                	
                   Glen
      Head

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  677

                	
                   New
      Rochelle

                	
                  NY

                	
                  O
      & M

                
	
                  679

                	
                   Torrington

                	
                  CT

                	
                  Closure
      Activities

                
	
                  685

                	
                   Dobbs
      Ferry

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  687

                	
                   Wolcott

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  688

                	
                   Plainville

                	
                  CT

                	
                  O
      & M

                
	
                  709

                	
                   Brooklyn

                	
                  NY

                	
                  Closure
      Activities

                
	
                  6722

                	
                   Bloomfield

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  6725

                	
                   Simsbury

                	
                  CT

                	
                  O
      & M

                
	
                  6742

                	
                   Ridgefield

                	
                  CT

                	
                  O
      & M

                
	
                  6744

                	
                   Norwalk

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  6765

                	
                   Stamford

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  6766

                	
                   Hamden

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  6811

                	
                   Bristol

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  6813

                	
                   Brookfield

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  6817

                	
                   Torrington

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  6831

                	
                   New
      Haven

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  6837

                	
                   Wilton

                	
                  CT

                	
                  Closure
      Activities

                
	
                  6853

                	
                   Enfield

                	
                  CT

                	
                  GW
      Monitoring

                
	
                  8641

                	
                   Wilmington

                	
                  DE

                	
                  O
      & M

                
	
                  8667

                	
                   Newark

                	
                  DE

                	
                  Closure
      Activities

                
	
                  8669

                	
                   Wilimington

                	
                  DE

                	
                  O
      & M

                
	
                  28206

                	
                   Lisbon

                	
                  ME

                	
                  GW
      Monitoring

                
	
                  29813

                	
                  Thurmont

                	
                  MD

                	
                  GW
      Monitoring

                
	
                  30315

                	
                   S.
      Weymouth

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  30344

                	
                   Randolph

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  30352

                	
                   Watertown

                	
                  MA

                	
                  O &
      M

                
	
                  30363

                	
                   Weymouth

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  30375

                	
                   Hingham

                	
                  MA

                	
                  RAP
      Implementation

                
	
                  30393

                	
                   Woburn

                	
                  MA 

                	
                  GW
      Monitoring

                
	
                  30409

                	
                   Hyde
      Park

                	
                  MA

                	
                  O
      & M

                
	
                  30436

                	
                   Worcester

                	
                  MA            

                	
                  GW
      Monitoring

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          	
                  30548

                	
                   Williamstown

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  30601

                	
                   Framingham

                	
                  MA

                	
                  O &
      M

                
	
                  30602

                	
                   Auburn

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  30603

                	
                   Methuen

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  30607

                	
                   Salisbury

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  30612

                	
                   Chatham

                	
                  MA

                	
                  O &
      M

                
	
                  30629

                	
                   Tewksbury

                	
                  MA

                	
                  O &
      M

                
	
                  30631

                	
                   Falmouth

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  30633

                	
                   Westford

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  30646

                	
                   Stoughton

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  30653

                	
                   Barre

                	
                  MA

                	
                  GW
      Monitoring

                
	
                  40014

                	
                   Honolulu

                	
                  HI

                	
                  GW
      Monitoring

                
	
                  40019

                	
                   Kaneohe

                	
                  HI

                	
                  GW
      Monitoring

                
	
                  40035

                	
                   Kernersville

                	
                  NC

                	
                  Predelineation

                
	
                  55211

                	
                   Derry

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55237

                	
                   Salem

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55242

                	
                   Manchester

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55243

                	
                   Manchester

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55244

                	
                   Merrimack

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55246

                	
                   Pelham

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55247

                	
                   Pembrook

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55249

                	
                   Rochester

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55250

                	
                   Rochester

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55253

                	
                   Somersworth

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55257

                	
                   Epping

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55258

                	
                   Epsom

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55259

                	
                   Exeter

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55260

                	
                   Hampton

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55261

                	
                   Milford

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55264

                	
                   Portsmouth

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55266

                	
                   Rochester

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55267

                	
                   Salem

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  55268

                	
                   Seabrook

                	
                  NH

                	
                  GW
      Monitoring

                
	
                  56009

                	
                   West
      Milford

                	
                  NJ

                	
                  Closure
      Activities

                
	
                  56023
      

                	
                   Willingboro

                	
                  NJ

                	
                  Closure
      Activities

                
	
                  56056'

                	
                   Union

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56064

                	
                   Spotswood

                	
                  NJ

                	
                  O
      & M

                
	
                  56065

                	
                   New
      Brunswick

                	
                  NJ

                	
                  Closure
      Activities

                
	
                  56079

                	
                   Bayonne

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56088

                	
                   Sewell

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56101

                	
                   Trenton

                	
                  NJ

                	
                  O
      & M

                
	
                  56102

                	
                   Lodi

                	
                  NJ

                	
                  O
      & M

                
	
                  56113

                	
                   Spring
      Lake Heights

                	
                  NJ

                	
                  O &
      M

                
	
                  56132

                	
                   Asbury
      Park

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56142

                	
                   Paterson

                	
                  NJ

                	
                  O &
      M

                
	
                  56159

                	
                   Turnersville

                	
                  NJ

                	
                  RAP
      Implementation

                
	
                  56169

                	
                   Montvale

                	
                  NJ

                	
                  O &
      M

                
	
                  56215

                	
                   Neptune

                	
                  NJ

                	
                  O &
      M

                
	
                  56230

                	
                   Newark

                	
                  NJ

                	
                  Assessment

                
	 
      56263	
                   Somerville

                	
                  NJ

                	
                  O &
      M

                
	
                  56276
      

                	
                   Fort Lee 

                	NJ 
      	
                  O &
      M

                
	 
      56818	
                   Bloomfield

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56821
      

                	
                   South
      Orange

                	NJ 
      	
                  GW
      Monitoring

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          	
                  56822

                	
                   Irvington

                	
                  NJ

                	
                  Predelineation

                
	
                  56844'

                	
                   Nutley

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56852

                	
                   Englewood

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56869

                	
                   Irvington

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56871

                	
                   Jersey
      City

                	
                  NJ

                	
                  RAP
      Implementation

                
	
                  56873

                	
                   Watchung

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56877

                	
                   Green
      Village

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56882

                	
                   N.
      Plainfield

                	
                  NJ

                	
                  Closure
      Activities

                
	
                  56891

                	
                   Bloomfield

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56892

                	
                   Dover

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56893

                	
                   Parlin

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56896

                	
                   Colonia

                	
                  NJ

                	
                  O &
      M

                
	
                  56915

                	
                   Ridgewood

                	
                  NJ

                	
                  O
      & M

                
	
                  56919

                	
                   Wayne

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56921

                	
                   Washington

                	
                  NJ

                	
                  O
      & M

                
	
                  56922

                	
                   Paramus

                	
                  NJ

                	
                  O &
      M

                
	
                  56924

                	
                   Garfield

                	
                  NJ

                	
                  Assessment

                
	
                  56926

                	
                   Fort
      Lee

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56933

                	
                   Belford

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56935

                	
                   Eatontown

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56939

                	
                   MONMOUTH
      BC

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56955

                	
                   Swedesboro

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56965

                	
                   Trenton

                	
                  NJ

                	
                  GW
      Monitoring

                
	
                  56999

                	
                   West
      Orange

                	
                  NJ

                	O
      & M  
	
                  58014

                	
                   Bronx

                	
                  NY

                	
                  O
      & M

                
	
                  58015'

                	
                   Brooklyn

                	
                  NY

                	
                  O
      & M

                
	
                  58017'

                	
                   Yonkers

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58034

                	
                   Port
      Washington

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58053

                	
                   Brooklyn

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58071

                	
                   St.
      Albans

                	
                  NY

                	
                  O
      & M

                
	
                  58077

                	
                   Brooklyn

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58097
      

                	
                   New
      Rochelle

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58108

                	
                   White
      Plains

                	
                  NY

                	
                  O
      & M

                
	
                  58185

                	
                   Montauk

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58409'

                	
                   New
      York

                	
                  NY

                	
                  O
      & M

                
	
                  58415

                	
                   Brooklyn

                	
                  NY

                	
                  O &
      M

                
	
                  58441

                	
                   Staten
      Island

                	
                  NY

                	
                  RAP
      Prep

                
	
                  58442

                	
                   Staten
      Island

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58443

                	
                   Staten
      island

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58471

                	
                   Cedarhurst

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58505

                	
                   Bronx

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58514

                	
                   New
      York

                	
                  NY

                	
                  Assessment

                
	
                  58515

                	
                   Nyack

                	
                  NY

                	
                  O
      & M

                
	
                  58526

                	
                   Ozone
      Park

                	
                  NY

                	
                  O &
      M

                
	
                  58547

                	
                   Astoria

                	
                  NY

                	
                  RAP
      Implementation

                
	
                  58553

                	
                   Staten
      Island

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58579
      

                	
                   Uniondale

                	
                  NY

                	
                  Closure
      Activities

                
	
                  58585

                	
                   Arverne

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58592

                	
                   New
      York

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58605

                	
                   Howard
      Beach

                	
                  NY

                	
                  GW
      Monitoring

                
	
                  58717

                	
                   Green
      Island

                	
                  NY

                	
                  RAP
      Implementation

                
	
                  58718

                	
                   Halfmoon

                	
                  NY

                	
                  GW
      Monitoring

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          	
                  58728

                	 Niskayuna	
                  NY

                	
                  O &
      M

                
	
                  58808
      

                	 West
      Taghkanic 	
                  NY

                	
                  O &
      M

                
	
                  67215

                	 Philadelphia	
                  PA

                	
                  GW
      Monitoring

                
	
                  67217

                	 Philadelphia	
                  PA

                	
                  Assessment

                
	
                  67243

                	 Bryn
      Mawr	
                  PA

                	
                  GW
      Monitoring

                
	
                  67265
      

                	 Philadelphia	
                  PA

                	
                  GW
      Monitoring

                
	
                  67416
      

                	 Levittown	
                  PA

                	
                  O &
      M

                
	
                  67425
      

                	 Souderton	
                  PA

                	
                  GW
      Monitoring

                
	
                  67432
      

                	 Coopersburg	
                  PA

                	
                  O
      & M

                
	
                  67433
      

                	 Doylestown	
                  PA

                	
                  O &
      M

                
	
                  67596
      

                	 Paradise 	
                  PA

                	
                  O &
      M

                
	
                  67598
      

                	 Linwood	
                  PA

                	
                  O &
      M

                
	
                  67599
      

                	 Elizabethtown	
                  PA

                	
                  GW
      Monitoring

                
	
                  67611
      

                	 Shrewsbury	
                  PA

                	
                  GW
      Monitoring

                
	
                  67636 

                	 Dover 	
                  PA

                	
                  GW
      Monitoring

                
	
                  67654

                	 Middletown 	
                  PA

                	
                  GW
      Monitoring

                
	
                  68131
      

                	 Brookfield	
                  CT

                	
                  O
      & M

                
	
                  68619
      

                	 Cranston	
                  RI

                	
                  O &
      M

                
	
                  68623
      

                	 Barrington	
                  RI

                	
                  GW
      Monitoring

                
	
                  68629
      

                	 Warwick	
                  RI

                	
                  GW
      Monitoring

                
	
                  69005
      

                	 Dauphin	
                  PA

                	
                  Closure
      Activities

                
	
                  69420

                	 Reading	
                  PA

                	
                  GW
      Monitoring

                
	
                  69428
      

                	 Intercourse	
                  PA

                	
                  O &
      M

                
	
                  69439
      

                	 Oxford	
                  PA

                	
                  O &
      M

                
	
                  69447
      

                	 Lancaster	
                  PA

                	
                  GW
      Monitoring

                
	
                  69476

                	 Shrewsbury	
                  PA

                	
                  Closure
      Activities

                
	
                  69497
      

                	 Adamstown	
                  PA

                	
                  O &
      M 

                
	
                  69676
      

                	 St. Clair	
                  PA

                	
                  GW
      Monitoring

                
	
                  69682

                	 Arendtsville	
                  PA

                	
                  O &
      M

                
	
                  69685
      

                	 Carlisle	
                  PA

                	
                  O &
      M

                
	
                  69688
      

                	 Bonneauville	
                  PA

                	
                  GW
      Monitoring

                
	
                  69689

                	 Shady
      Grove	
                  PA

                	
                  Assessment

                
	
                  69690
      

                	 Mcconnellsburg	
                  PA

                	
                  O &
      M

                
	
                  93257
      

                	 New
      Windsor	MD 
      	
                  GW
      Monitoring

                
	
                  94412
      

                	 Westport	
                  MA

                	
                  GW
      Monitoring

                
	
                  95153
      

                	 Bayonne
      	
                  NJ

                	
                  GW
      Monitoring

                
	
                  95192
      

                	 Elizabeth	
                  NJ

                	
                  O
      & M

                
	
                  95203
      

                	 Closter	
                  NJ

                	
                  Closure
      Activities

                
	
                  95214
      

                	 Newark	
                  NJ

                	
                  O &
      M

                
	
                  95307
      

                	 Long
      Branch	
                  NJ

                	
                  GW
      Monitoring

                
	
                  95337
      

                	 Newark	
                  NJ

                	
                  RAP
      Prep

                
	
                  95534
      

                	 Laconia	
                  NH

                	
                  GW
      Monitoring

                
	
                  96904
      

                	 Middletown	
                  RI

                	
                  GW
      Monitoring

                
	
                  97113
      

                	 Pottsville	
                  PA

                	
                  Assessment

                
	
                  97126
      

                	 Hazleton	PA 
      	
                  GW
      Monitoring

                
	
                  97199

                	 Philadelphia	PA 
      	
                  Assessment

                
	
                  98261

                	 Yonkers	NY 
      	
                  O &
      M

                
	
                   98326

                	 Bronxville	NY 
      	
                  O &
      M

                
	
                  98505

                	 Oceanside	
                  NY

                	
                  Closure
      Activities

                
	
                  99999

                	 	NH 
      	
                  Closure
      Activities

                

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      SCHEDULE OF RELEASE
AMOUNTS

       

      

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        Getty
Realty Corp.

        Loan /
Property Allocations

         

        
          	Ref
      # 	SS# 	Property
      address 	City 	County 	State	07
      Assessment	
                  Percent
      to

                  Total

                	
                   

                  Adjusted

                  Purchase Price

                  Allocation

                	Loan Allocation	
                  Loan
      Release

                  Formula Amount (125%)

                	
                  Loan
      Release

                  Formula Amount

                  (150%)

                
	1	20340 	8850
      Gorman Rd 	LAUREL 	Howard 	MD	$2,268,966	5.45% 	$2,670,077 	$1,335,038	$1,668,798	$2,002,557 
	2	20395 	6579
      Annapolis Rd 	LANDOVER
      HILLS 	PG	MD	1,066,400 	3.01% 	1,477,143 	738,571	923,214	 
	
                  3

                	
                  22530

                	
                  11055
      Baltimore Ave

                	
                  BELTSVILLE

                	
                  PG

                	
                  MD

                	
                  516,932

                	
                  2.38%

                	
                  1,167,424

                	
                  583,712

                	
                  729,640

                	
                  875,568

                
	
                  4

                	
                  23076

                	
                  6727
      Riggs Rd

                	
                  HYATTSVILLE

                	
                  PG

                	
                  MD

                	
                  679,000

                	
                  1.59%

                	
                  780,669

                	
                  390,334

                	
                  487,918

                	 
      
	
                  5

                	
                  23607

                	
                  801
      Washington Blvd

                	
                  LAUREL

                	
                  PG

                	
                  MD

                	
                  915,000

                	
                  6.07%

                	
                  2,973,312

                	
                  1,486,656

                	
                  1,858,320

                	 
      
	
                  6

                	
                  24617

                	
                  10815
      lndian Head Hwy

                	
                  FORT
      WASHINGTON

                	
                  PG

                	
                  MD

                	
                  915,000

                	
                  2.09%

                	
                  1,024,535

                	
                  512,268

                	
                  640,335

                	 
      
	
                  7

                	
                  24640

                	
                  7631
      Marlboro Pike

                	
                  FORESTVILLE

                	
                  PG

                	
                  MD

                	
                  1,248,200

                	
                  2.98%

                	
                  1,462,154

                	
                  731,077

                	
                  913,846

                	 
      
	
                  8

                	
                  24742

                	
                  3384
      Fort Meade Rd

                	
                  LAUREL

                	
                  Anne
      Arundel

                	
                  MD

                	
                  1,000,000

                	
                  3.55%

                	
                  1,739,914

                	
                  869,957

                	
                  1,087,446

                	
                  1,304,936

                
	
                  9

                	
                  24980

                	
                  3200
      Queens Chapel Rd

                	
                  HYATTSVILLE

                	
                  PG

                	
                  MD

                	
                  656,800

                	
                  3.52%

                	
                  1,727,104

                	
                  863,552

                	
                  1,079,440

                	 
      
	
                  10

                	
                  25068

                	
                  7110
      BaltimoreAve

                	
                  COLLEGE
      PARK

                	
                  PG

                	
                  MD

                	
                  772,100

                	
                  2.01%

                	
                  983,079

                	
                  491,540

                	
                  614,425

                	 
      
	
                  11

                	
                  25343

                	
                  3399
      Branch Ave

                	
                  TEMPLE
      HILLS

                	
                  PG

                	
                  MD

                	
                  590,000

                	
                  1.21%

                	
                  594,179

                	
                  297,089

                	
                  371,361

                	 
      
	
                  12

                	
                  25380

                	
                  6400
      Central Ave

                	
                  SEAT
      PLEASANT

                	
                  PG

                	
                  MD

                	
                  720,700

                	
                  1.62%

                	
                  796,173

                	
                  398,086

                	
                  497,608

                	 
      
	
                  13

                	
                  25385

                	
                  8401
      Baltimore Ave

                	
                  COLLEGE
      PARK

                	
                  PG

                	
                  MD

                	
                  784,600

                	
                  1.62%

                	
                  792,239

                	
                  396,119

                	
                  495,149

                	 
      
	
                  14

                	
                  25395

                	
                  9500
      Lanham Severn Rd

                	
                  LANHAM

                	
                  PG

                	
                  MD

                	
                  770,200

                	
                  2.31%

                	
                  1,130,585

                	
                  565,292

                	
                  706,615

                	 
      
	
                  15

                	
                  25416

                	
                  11417
      Cherry Hill Rd

                	
                  BELTSVILLE

                	
                  PG

                	
                  MD

                	
                  735,066

                	
                  1.53%

                	
                  748,225

                	
                  374,113

                	
                  467,641

                	 
      
	
                  16

                	
                  25417

                	
                  5806
      Landover Rd

                	
                  LANDOVER
      HILLS

                	
                  PG

                	
                  MD

                	
                  424,300

                	
                  2.42%

                	
                  1,188,203

                	
                  594,101

                	
                  742,626

                	 
      
	
                  17

                	
                  25493

                	
                  5650
      Annapolis Rd

                	
                  BLADENSBURG

                	
                  PG

                	
                  MD

                	
                  544,000

                	
                  2.05%

                	
                  1,002,380

                	
                  501,190

                	
                  626,488

                	 
      
	
                  18

                	
                  25547

                	
                  10405
      Baltimore Ave

                	
                  BELTSVILLE

                	
                  PG

                	
                  MD

                	
                  679,532

                	
                  1.39%

                	
                  682,205

                	
                  341,103

                	
                  426,379

                	
                  511,655

                
	
                  19

                	
                  25623

                	
                  7106
      Martin Luther King Jr Hwy

                	
                  LANDOVER

                	
                  PG

                	
                  MD

                	
                  732,600

                	
                  2.49%

                	
                  1,221,602

                	
                  610,801

                	
                  763,501

                	 
      
	
                  20

                	
                  26045

                	
                  l0350
      Campus Way South

                	
                  UPPER
      MARLBORO

                	
                  PG

                	
                  MD

                	
                  1,167,100

                	
                  2.39%

                	
                  1,170,753

                	
                  585,376

                	
                  731,720

                	 
      
	
                  21

                	
                  26105

                	
                  8901
      Central Ave

                	
                  CAPITOL
      HEIGHTS

                	
                  PG

                	
                  MD

                	
                  847,700

                	
                  2.45%

                	
                  1,199,835

                	
                  599,918

                	
                  749,898

                	
                  899,877

                
	
                  22

                	
                  26150

                	
                  7545
      Landover Rd

                	
                  LANDOVER

                	
                  PG

                	
                  MD

                	
                  785,300

                	
                  2.65%

                	
                  1,299,556

                	
                  649,778

                	
                  812,223

                	 
      
	
                  23

                	
                  26189

                	
                  16450
      Harbour Way

                	
                  BOWIE

                	
                  PG

                	
                  MD

                	
                  1,787.500

                	
                  5.27%

                	
                  2,580,562

                	
                  1,290,281

                	
                  1,612,851

                	 
      
	
                  24

                	
                  26549

                	
                  7801
      Sandy Spring Rd

                	
                  LAUREL

                	
                  PG

                	
                  MD

                	
                  1,000,000

                	
                  3.03%

                	
                  1,482,382

                	
                  741,191

                	
                  926,489

                	 
      
	
                  25

                	
                  26661

                	
                  5622
      St Barnabas Rd

                	
                  OXON
      HILL

                	
                  PG

                	
                  MD

                	
                  1,996,000

                	
                  4.13%

                	
                  2,023,725

                	
                  1,011,862

                	
                  1,264,828

                	 
      
	
                  26

                	
                  27183

                	
                  Powder
      Mill Rd

                	
                  BELTSVILLE

                	
                  PG

                	
                  MD

                	
                  1,124,700

                	
                  3.64%

                	
                  1,785,682

                	
                  892,841

                	
                  1,116,051

                	
                  1,339,262

                
	
                  27

                	
                  27196

                	
                  5921
      Marlboro Pike

                	
                  DISTRICT
      HEIGHTS

                	
                  PG

                	
                  MD

                	
                  784,700

                	
                  1.65%

                	
                  808,266

                	
                  404,133

                	
                  505,166

                	
                  606,200

                
	
                  28

                	
                  27346

                	
                  6631
      RiverdaleRd

                	
                  RIVERDALE

                	
                  PG

                	
                  MD

                	
                  1,020,600

                	
                  3.66%

                	
                  1,795,641

                	
                  897,821

                	
                  1,122,276

                	 
      
	
                  29

                	
                  27568

                	
                  5520
      Marlboro Pike

                	
                  DISTRICT
      HEIGHTS

                	
                  PG

                	
                  MD

                	
                  627,500

                	
                  1.30%

                	
                  638,192

                	
                  319,096

                	
                  398,870

                	 
      
	
                  30

                	
                  27575

                	
                  6117
      Baltimore Blvd

                	
                  RIVERDALE

                	
                  PG

                	
                  MD

                	
                  798,000

                	
                  2.43%

                	
                  1,191,162

                	
                  595,581

                	
                  744,476

                	
                  893,372

                
	
                  31

                	
                  27578

                	
                  3000
      Colebrooke Dr

                	
                  SUITLAND

                	
                  PG

                	
                  MD

                	
                  546,500

                	
                  1.34%

                	
                  655,373

                	
                  327,687

                	
                  409,609

                	 
      
	
                  32

                	
                  28044

                	
                  6441
      Coventry Way

                	
                  CLINTON

                	
                  PG

                	
                  MD

                	
                  1,157,000

                	
                  3.00%

                	
                  1,468,504

                	
                  734,252

                	
                  917,815

                	
                  1,101,378

                
	
                  33

                	
                  28242

                	
                  76l9
      Greenbelt Rd

                	
                  GREENBELT

                	
                  PG

                	
                  MD

                	
                  1,312,700

                	
                  3.48%

                	
                  1,707,118

                	
                  853,559

                	
                  1,066,949

                	 
      
	
                  34

                	
                  28261

                	
                  15151
      SweitzerLn

                	
                  LAUREL

                	
                  PG

                	
                  MD

                	
                  1,257,466

                	
                  3.95%

                	
                  1,935,698

                	
                  967,849

                	
                  1,209,811

                	 
      
	
                  35

                	
                  28268

                	
                  4747
      Silver Hill Rd

                	
                  SUITLAND

                	
                  PG

                	
                  MD

                	
                  840,000

                	
                  1.75%

                	
                  858,258

                	
                  429,129

                	
                  536,411

                	 
      
	
                  36

                	
                  28299

                	
                  14701
      Baltimore Ave

                	
                  LAUREL

                	
                  PG

                	
                  MD

                	
                  728,066

                	
                  4.57%

                	
                  2,238,089

                	
                  1,119,044

                	
                  1,398,805

                	 
      
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 
      	 
      	 
      	 
      	 
      	 
      	
                  $33,800,228

                	
                  100.00%

                	
                  $49,000,000

                	
                  $24,500,000

                	
                  $30,624,996

                	
                  $9,534,803

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00163-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00163-of-00352.parquet"}]]