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<br />THE STATE OF TEXAS <br /> <br />s <br />~ <br />s <br />~ <br /> <br />Doc Bk Vol <br />00006628 OPR 1647 <br /> <br />165 <br />-a~~- <br />:337 <br /> <br />FOURTH LEASE AMENDMENT <br /> <br />COUNTY OF HAYS <br /> <br />This Amendment is entered into this 1 5 t h day of February, 2000, by and between the <br /> <br />City of San Marcos, hereinafter referred to as "City" and the San Marcos Area Chamber of <br /> <br />Commerce, Incorporated, hereinafter referred to as "Chamber", On October 17,1977, City <br /> <br />and Chamber entered into a Lease Agreement covering some of real property described herein <br /> <br />in the attached Exhibit "A" Said lease was amended by instruments dated April 3, 1978, June <br /> <br />12, 1978 and October 12, 1999, and now covers all the land described on Exhibit "A" <br /> <br />attached. City and Chamber now wish to further amend and modify certain provisions of the <br /> <br />said lease, as amended, as well as add certain provisions, and in all respects to affirm said <br /> <br />lease, as amended. This amendment is in accordance with paragraph XVIII of said lease. <br /> <br />I. <br /> <br />Chamber intends to finance the construction of certain improvements and shall have the <br /> <br />right to use its leasehold estate in the demised real property and premises as security for a <br /> <br />mortgage loan to construct the improvements. City hereby acknowledges and consents to such <br /> <br />financing of construction on the condition that no financial burden, present or future, shall be <br /> <br />assumed by City, and that no change in use of the demised premises and! or no transfer or <br /> <br />assignment of the lease shall be permitted except as specifically stated hereinafter or with the <br /> <br />written consent of the City, <br /> <br />II. <br /> <br />City hereby agrees to give to Chamber's mortgagee a copy of each notice of default by <br /> <br />Chamber at the same time as any such notice of default shall be given by City to Chamber, The <br /> <br />':J --r <br />I'f d'7N~ /~ <br />CiTY OF SAN MARCOS <br />ATTN' Lea.a\ Capt. <br />630 east ROp'klns Street <br />San Marcos, TX 78666 <br />