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Ground Lease <br /> Basic Terms <br /> Date: J64&--kSj;,Z 1 Z .20 Z4 <br /> Landlord: City of San Marcos <br /> Landlord's Address: 630 East Hopkins Street,San Marcos,Texas 78666 <br /> Tenant: Rrayezur Properties,Ltd.,a Texas limited partnership <br /> Tenant's Address: P. O.Box 629,San Marcos,Texas 78667-0629 <br /> Premises: Being 6,009 square feet, more or less of land area, being a portion of Lot <br /> 11,Block 9, and a portion of Comal Street, Original Town of San Marcos <br /> as recorded in Volume 46,Page 448 of the Hays County Deed Records, and <br /> being a portion of that tract described as 1.813 acres in a deed from Union <br /> Pacific Railroad Company to the City of San Marcos, dated December 5, <br /> 2013 and recorded in Volume 4897,Page 577 of the Hays County Official <br /> Public Records,as more fully described by metes and bounds in the attached <br /> Exhibit"A,"made a part hereof for all purposes. <br /> Term: <br /> Commencement Date: January 1,2025 <br /> Termination Date: December 31,2029 <br /> Renewal: Subject to mutual agreement of the parties, provided either party notifies <br /> the other in writing of its intention to renew within 90 days of Termination <br /> Date. <br /> Rent:. Year l:$3,605.40 <br /> Year 2: $3,713.56 <br /> Year 3: $3,824.97 <br /> Year 4: $3,939.72 <br /> Year 5: $45057.91 <br /> Permitted Use: Continuation of existing premises use by business as parking for Toma <br /> Tacos restaurant; banned uses for lease and subleases specifically include adult oriented <br /> businesses,tattoo parlors, cannabis products shops. <br /> Tenant's Insurance: As required by Insurance Addendum <br /> Definitions <br />