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Letter Tony Goldman THE GOLDMAN PRO PER T E S COM PAN Y Hay 25, 1994 Greg Brier SIN CITY. INC. "VELVET" 634 Collins Avenue Miami Beach. Fla 33139 Re: Lease dated July 1, 1993 Between Ballet Valet Parking Company, Ltd ("lessor") and Sin City, Inc.("lessee") at 634 Collins Avenue, Miami Beach, Florida. Dear Greg, Pursuant to Article 2.3 of the above referenced lease you are hereby notified to vacate the premises by June 30, 1994 in accordance with the terms and conditions set forth in the above mentioned lease. RECEIVED. ACCEPTED AND AGREED " "'.,,' i\.....--- ..' 'k~ '" S-lL. ") '-. \ Sin City, -Inc. GREG BRIER New York Greene Street Soho Kitchen and Bar The Soho Building Eagle Ranch Inc. Urban AdVice Goldman Properties 103 Greene Street New York. New York 10012 Phone: (212)925.2415 Fax: (212)941.9835 Goldman Properties 640 Ocean DrIVe Miami Beach. FlOrida 33139 Phone: (305)531.4411 Fax: (305)6733106 Miami Beach Park Central Hotel Imperial Hotel Tiffany Hotel RiViera Kitchen and Bar Ballet Valet Parking Co. ~.---- 11H. :c:- ":<...l L:': C:-:'Frl :i"l..__. HE~T,"F ['H'..E. ---- (i7~ VJ 1...) ~ , 1994 R. Anthony Goldman Goldman Properties 640 Ocean Drive Miami Beach, Florida 33139 Re: Lease Agreement between the Ballet valet Parking Company, Ltd. a Florida limited partnership, as Landlord, and Sin City, Inc., a Florida corporation, as Tenant, dated July 1, 199Z, (the "Lease") Dear Tony: The undersigned is the Tenant under the Lease. In regard to the Lease, the undersigned hereby certifies: 1. The Lease constitutes the entire agreement between Tenant and Landlord, has not been amended, modified or supplemented. 2. Landlord has complied with all of the requirements and conditions precedent and subsequent to the commencement of the term of the Lease as specified in the Lease. 3. The Lease is for a term of seven (7) years, subject to Landlord's right to terminate the Lease. 4. The current monthly base rental due by Tenant is $5,000. 5. There are no offsets, counterclaims or defenses with respect to rent or any other payments due under the Lease. The annual rent under the Lease is as set forth in the Lease. Rental has been paid through May, 1994. No rent is in arrears and no rent has been paid more than one month in advance. All rental payments under the Lease shall be paid as therein provided until the Tenant has been notified by you or your successors or assigns. 7. Landlord has not been and is not presently in default under any terms, covenants or provisions of the Lease and there exists no event which with the giving of notice or the passage of time would constitute a default under the Lease. 8. Tenant acknowledges that (a) it has no notice of any assignment, hypothecation of pledge of rents or of the Lease; and (b) no cancellation, modification, ,'1H/ 25 . '34 12: 53FT'] _ ., HECTOR & DA'v'IS P.3 assignment, subletting, renewal, amendment or extension of the Lease shall be made without Landlord's written consent and approval. 9. Tenant has paid Landlord a security deposit in the amount of $" N\~ " 10. Any notice, demand, request or other communication given to Tenant under the Lease, should be sent to the following address: Attention: 11. Tenant hereby acknowled~es that it will vacate the leased premises no later than "S..Jr->\"C"'1J \'i."',\ ,1994, (the "Expiration Date") and that from May 26, 1994 through the Expiration Date, the Tenant's liability insurance policy will include, as an additional insured,: City of Miami Beach, a Florida municipal corporation. The information supplied in this letter may be relied upon by you and any prospective purchaser of the land and building, or any part thereof or estate therein. Very truly yours, ITS: .__"J(~)C;j~ ----- '- S ."" ,"--- l) 1.-:..- ~ \:C \ c: , ~/Z I 0; 't G f<? " ...:- ) (....I{ (~f" BY: DATE: AL/2729 -2-