- 25 - county court judge.7 It was not until March 27, 2000, that KQC gave TMC the bill of sale. On December 31, 1999, Mr. Kaplan on behalf of KQC and Mr. Villarreal on behalf of TMC executed an amendment to the April 21, 1997 lease (lease amendment). The lease amendment provided in pertinent part: WHEREAS, Lessor [KQC] and Lessee [TMC] did enter into a lease agreement dated the 21 day of April, 1997 [April 21, 1997 lease] (hereinafter referred to as the “Lease”) relating to a child care facility located in Helena, Ohio (the “Project”); and WHEREAS, simultaneously with the execution of this Lease Amendment, the Lessor has conveyed all of its rights, title and interest in and to the building and all other improvements relating thereto which comprises the Project; and WHEREAS, the parties are desirous of modifying and amending the Lease to reflect the transfer of the ownership of the improvements from Lessor to Lessee. NOW, THEREFORE, in consideration of the mutual covenants and conditions, the receipt and sufficiency of which are hereby acknowledged, the parties hereto do agree as follows: 1. Paragraph 1 of the Lease is hereby modified and amended to reflect that the Demised Pre- mises now shall include only the land upon which the building and Improvements are lo- cated. 2. The rent is hereby reduced to $437.50 per month. 7As a result, there was no such person who certified Mr. Kaplan’s acknowledgment of his signing the bill of sale on behalf of KQC and who subscribed such person’s name to a certificate of such acknowledgment.Page: Previous 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Next
Last modified: May 25, 2011