Addendum to Lease Agreement Between Walnut Bridge Associates and ATX Telecommunications

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Summary

This addendum, dated July 1, 1995, modifies the lease between Walnut Bridge Associates and ATX Telecommunications. It requires ATX to make all future rental payments directly to University City Housing Associates (UCHA), with those payments applied to reduce loans owed by Walnut Bridge Associates to UCHA. All other terms of the original lease from January 2, 1993, remain unchanged except for the new payment instructions.

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EX-10.8 17 ex10-8.txt ADDENDUM 1 Exhibit 10.8 ADDENDUM TO LEASE BETWEEN WALNUT BRIDGE ASSOCIATES & ATX TELECOMMUNICATIONS On this first day of July, 1995, it is hereby agreed that all rental payments due from ATX to Walnut Bridge Associates shall herein after be made directly to University City Housing Associates (UCHA) and the proceeds of all such payments shall be applied to reduction of principal loans owed on behalf of Walnut Bridge Associates to UCHA. ATX is hereby instructed to make its rental payments as per this addendum. It is further agreed that all other terms of the lease dated January 2, 1993 excepting only the party to received the rental payment are to remain in full force and effect.
/s/ MICHAEL KARP /s/ MICHAEL KARP - ------------------------------------------------------ ------------------------------------------------------ Michael Karp, General Partner of WBA Michael Karp, General Partner of UCHA
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