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fm,w <br />. . ....... <br />1 41 ... ... ... <br />USE OF THIS FORM BY PERSONS VMO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS IS NOT AUTHORIZED. <br />OTexas Association of REALTOR, Inc. 2M <br />.. .......... . may ..., .. ....... <br />ADDENDUM TO THE COMMERCIAL LEASE BETWEEN THE UNDERSIGNED PARTIES CONCERNING THE <br />LEASED PREMISES AT 214 E Hutchison, San Marcos, TX 78 666 <br />In addition to rent stated in the lease, Tenant will pa Landlord the additional rent described in this addendum. <br />Tenant will pa the additional rent each month at the time the base-monthl rent in the lease is due. <br />A. Definitions: <br />(1) "tenant-s pl-o rata sl7are'lis i %. <br />(2) '"CAM" means all of Landlord's expenses reasonabl incurred to maintain, repair, operate, mana and <br />secure the Propert (for example, securit li paintin cleanin decorations, utilities, trash <br />removal, pest control, promotional expenses, and other expenses reasonabl related to the Propert <br />operations); CAM does not include capital expenditures, interest, depreciation, tenant improvements, <br />insurance taxe s , or b ro k ers' I e a s i n g fees (I e, all operatin expenses except taxes and insillanc . <br />(3) 'Znsulance" means Landlord's costs to insure the leased premises and the Propert includin but not <br />limited to insurance for casualt loss, g eneral liabilit and reasonable rent loss. <br />( 4 ) "Taxes--' means the real propert ad valorem taxes assessed a the leased premises and Propert <br />inclusive of all g eneral and special assessments and surchar <br />B. Method-. The additional rent will be calculated under the followin method: <br />Nato - ICA M"' means operatin expenses except taxes and 1 nsitrance. <br />( 1 ) Base- exoenses: Each month Tenant will pa Tenant's pro rata share of the pro monthl <br />expenses for the Propert that exceed the amount of the monthl base- expenses for the calendar <br />y ear for: Q taxes; El insurance (a CAM; and Q <br />( 2 ) Expense-.stop: Each month Tenant will pa Tenants pro rata share of the pro monthl expenses <br />for the Propert that exceed $ per s foot per y ear for: Q taxes Q insurance <br />C) CAM; and <br />( 3) Net: Each month Tenant will pa Tenant's pro rata share of the pro monthl expenses for the <br />Propert for: Q taxes 0 insurance; Q CAPA and Q <br />C. Projected Monthl Expenses: On or about December 31 of each calendar y ear, Landlord will pro the <br />applicable monthl expenses (those that Tenant is to pa under this addendum) for the followin calendar <br />y ear and will notif Tenant of the projected expenses. The pro expenses are based on Landlord's <br />estimates of such expenses. The actual expenses ma var <br />N otice: The applicable projected monthl expenses for the calendar y ear in which the above-referenced <br />lease commences is $ 37.0. 00 per 3 foot. Th-c totd rentable a, rez of tic rropert <br />prc3cr,,,tl ui3cd � y !..anegerd for calculatin onxpcn3C.� rcimbLi.Y*3cmcnt3 i� n/a 3 fcct. <br />( TAR-2103 ) 5-26-06 Initialed for Identification b Tenant: and Landlord: Uw Pa 1 of 2 <br />Carson Properties 1911 Corporate Dr., Ste. 102 San Marcos, TX 78666 <br />411 r1t 16 r A T <br />Phone: ( 512 ) 392-3322 Fax: (512 John David Carson k_100M z 1 -14 h <br />