SEC Contract Filing

Filing Date: 2016-03-15

Document Content:
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<TYPE>EX-10.59
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<FILENAME>d133372dex1059.htm
<DESCRIPTION>EX-10.59
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.59 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>EXHIBIT D </U></B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Change
in Monthly Rent Amount </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><I>(due to completion of Parking Garage) </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>AMENDMENT </U></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>THIS
AMENDMENT</B> (this &#147;Amendment&#148;), made and entered into as of this <U>12th</U> day of <U>January</U>,&nbsp;2016, is by and between <B>COLUMBIA AVENUE PARTNERS, LLC,</B> a Tennessee limited liability company, (&#147;Landlord&#148;), and
<B>FRANKLIN SYNERGY BANK</B>, a Tennessee banking corporation (&#147;Tenant&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A. Tenant and Landlord entered into that certain
Triple Net Office Lease Agreement dated <U>December&nbsp;14, 2012</U> (the &#147;Lease&#148;), for certain improved real property municipally known as 736 Columbia Avenue located in Franklin, Williamson County, Tennessee, consisting of approximately
15,702 rentable square feet, being more particularly described in the Lease; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">B. The parties desire to amend the monthly Base Rental
amount and term as set forth below due to the completion of the parking garage. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, in consideration of the mutual and
reciprocal promises herein contained, Tenant and Landlord hereby agree that the Lease is hereby modified as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top">The monthly Base Rental rate of the Lease by and between Landlord and Tenant shall be $45,797 (the &#147;Base Rental&#148;). </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top">First&#146;s month pro-rated Base Rental amount shall be $3,897.62 for January&nbsp;12 &#150; 31. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">3.</TD>
<TD ALIGN="left" VALIGN="top">New fifteen year (15) term shall commence on the day of the issuance of the Certificate of Occupancy for Phase IV (120 9<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> Avenue) and shall be defined in Exhibit E.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">4.</TD>
<TD ALIGN="left" VALIGN="top">Except as modified and amended by this Agreement, the Lease shall remain in full force and effect. </TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>IN WITNESS WHEREOF</B>, Landlord and Tenant have caused this Agreement to be duly executed, as of the day and year first above written.
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<TD VALIGN="top" COLSPAN="3"><B>LANDLORD:</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"><B>TENANT:</B></TD></TR>
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<TD VALIGN="top" COLSPAN="3"><B>COLUMBIA AVENUE PARTNERS, LLC</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
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<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"><B>FRANKLIN SYNERGY BANK</B></TD></TR>
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<TD VALIGN="bottom">By:</TD>
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