Assignment of Lease by Landlord

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Assignment of Lease

THIS ASSIGNMENT dated as of between (the “Assignor”) and (the


“Assignee”).

WHEREAS the Assignee agreed to purchase from the Assignor, the lands and premises
municipally known as (the “Property”);

AND WHEREAS the Property is leased to (the “Tenant”) pursuant to a lease agreement
dated (the “Lease”) between the Tenant, as tenant and the Assignor as landlord;

AND WHEREAS the Assignee agreed to accept the Lease;

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of other good


and valuable consideration and the sum of TWO DOLLARS ($2.00) now paid by the Assignee to
the Assignor, the receipt and sufficiency of which is hereby acknowledged, the parties hereto
agree as follows:

1. The Assignor hereby grants, transfers, conveys, assigns and sets over to the Assignee its
entire right, title, interest and estate in and to the Lease and the rents and all other
amounts payable thereunder and all other benefits and advantages to be derived therefrom,
to have and to hold unto the Assignee for and during the remainder of the term of the
Lease.

2. The parties agree that this Assignment shall become effective as of .

3. The covenants and agreements herein contained shall be binding upon and enure to the
benefit of the heirs, executors, administrator, successors and assigns of each of the parties
hereto.

4. The Assignor covenants that the Lease is in full force and effect unamended and that there
is not material default by the parties thereunder.

IN WITNESS WHEREOF the parties hereto have executed this agreement as of the date
referred to above.

Witness

Witness

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