Second Amendment to Lease Agreement between Cherokee Equities Corporation and BancCompliance Group, LLC

Contract Categories: Real Estate › Lease Agreements
Summary

This amendment renews the lease agreement between Cherokee Equities Corporation (landlord) and BancCompliance Group, LLC, along with Constance and David Edwards (tenants), for commercial property at 256 Seaboard Lane, Franklin, Tennessee. The renewal period is for one year and six months, starting May 1, 2010, and ending October 31, 2011. The monthly rent is set at $2,297, payable on the first of each month. All other terms from the original lease and the first amendment remain unchanged.

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EX-10.9 19 d672637dex109.htm EX-10.9 EX-10.9

Exhibit 10.9

AMENDMENT NUMBER TWO

WHEREAS, the parties listed herein known respectively as CHEROKEE EQUITIES CORPORATION as Landlord and BANCCOMPLIANCE GROUP, LLC., a Tennessee Limited Liability Company and Constance and David Edwards, personally as Tenant entered into a Lease Agreement dated October 17, 2005, for commercial real estate property (“the Premises”) located at Suite A 102 in Premier Professional Office Park, located at 256 Seaboard Lane, Franklin, Tennessee 37067, and

WHEREAS, the parties amended said Lease by Amendment Number One dated October 30, 2008, and

WHEREAS, the parties desire to renew said Lease by virtue of this Amendment Number Two, and have mutually agreed to the following terms

 

  1.     

 

  2. Term: The Term of this renewal period shall be one (1) year and six (6) months commencing on the first day of May 2010 and ending on October 31, 2011.

 

  3. Rental: The monthly rental for the renewal period shall be $2,297.00 payable without demand or further notice on the first day of each month.

All other terms and conditions of the original Lease and Amendment Number One, with exception of monthly rental, shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have executed this Amendment in duplicate on the date as noted below

 

LANDLORD: Cherokee Equities Corporation     TENANT: BancCompliance Group, Inc.
By:   The Stanton Group, Inc. Agent     Constance E. Edwards, President
     
 

 

    

 

  Debra C. Viol, President     Constance E. Edwards
Date:  

4-13-10

     Date:  

April 7, 2010

Witness:       Witness: