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ADDGNDUII TO LEASE 13ET~~%EEN <br />THE SOUTH 6END KEllE~'ELOP~1GNT ACTHORITY, AS LESSOR, <br />AND THE SOUTH BEND REDGVGLOP~7GN"I' C0~1~11SSION, AS LESSEE <br />(CENTURY CENTER PROJECT) <br />THIS ADDEI~DU'Vl. made and entered into as of this l2'~' day of Novunba~. <br />2008, by and het~~ecn the South Bcnd Redevelopment Authority. a body corporate and politic <br />organized and existing under Indiana Code ~6-7-14.5 (hereinafter with its successors and assigns <br />referred to as the °Authority"), and the South E3cnd Redevelopment Commission, the governing <br />body of the City of South Bend Department of Redevelopment and the Redevelopment District <br />of the City of South Bcnd. Indiana (hereinafter called dle "Lessee") <br />ly'I I~NESSEI~H: <br />In consideration of the mutual covenants herein contained, it is agreed that the <br />Second Addendum to the Lcasc dated as of November 1. 199 ~ previously entered into bct~~°ccn <br />said parties as of.~llnC 1. 200h (the "Second Addendum to Lcasc"). shall be amended as tbllows: <br />1. The ftollo~~~ina definitions in Section I of the Second Addendum to Lcasc <br />arc amended to read us follows: <br />"2008 Lcasc Resolution" means Resolution No. of~thc <br />Lessee passed on November 200K, establishing funds fix the <br />payment of lease rentals. <br />,2008 Trust A~areement" means the Trust .Agreement dated <br />as of November 1. 2008, between the Authority and the Trustee. <br />sccurin~~ the bonds. <br />?. Section =} of the Second Addendum to I.case is amended to read us <br />follows: <br />Section ~. Rental Pa~~ment Dates and Amounts. The first <br />semiannual metal installment in the amount of One Hundred Ninety-eight Fivc <br />} lundred Thousand and 00 100 Dollars (S 198.500.00) shall be due on the day that <br />the 2008 Project is complete and ready for use or October 15. 2009, ~~~hichever is <br />later. If completion is later then October 15. 2009, the first installment shall be in <br />an amount which provides tier rental at the rate of S 198.500.UU for the semiannual <br />period i^ which the Project is complete and ready for use, prorated from the date <br />t3DDI3~~l j~;;o-1x1 <br />