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LEASE <br />CITY OF SOUTH BEND BUILDING CORPORATION <br />TO <br />CITY OF SOUTH BEND, INDIANA <br />THIS CONTRACT OF LEASE, made and entered into as of this 1st day of August, <br />1999 (the "Lease"), by and between the City of South Bend Building Corporation, an Indiana not- <br />for-profit corporation (hereinafter with its successors and assigns as provided by this Lease called <br />"Lessor"), and the City of South Bend, Indiana (hereinafter called "Lessee"), <br />WITNESSETH: <br />In consideration of the mutual covenants herein contained, it is agreed that: <br />1. Premises, Term and Warranty. The Lessor does hereby lease, demise and <br />let to Lessee the real estate in the City of South Bend, Indiana, more particulazly described in <br />Exhibit A attached hereto and made a part hereof, and the building located thereon known as the <br />O'Brien School for which the Lessor will complete certain improvements as described in Exhibit A <br />(the "Project") all pursuant to plans and specifications prepared by Greg KiI. <br />The above-mentioned plans and specifications may be changed, additional <br />construction work may be performed by Lessor, but only with the approval of Lessee, and only if <br />such changes or modifications, additional construction or equipment do not alter the character of the <br />Project or reduce the value thereof. Any such additional construction shall be part of the property <br />covered by this Lease. The above-mentioned plans and specifications have been filed with and <br />approved by Lessee. <br />:ODMA\1'CDOCS\SBDOCS 1\41920\1 <br />