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<br />~. <br /> <br />~~ <br />~... <br /> <br />/ <br /> <br />(;; /l1f!/h de d, ~ )" <br />C ~ ~~ ë;¿(J~Ô , <br />7/J! ]?@. !/ <br /> <br />MJ I,. TillS LEASE is made between Joan Brant, Michael Sposito & Barbara Tyson, Owners of <br />~ - fJ- ~/I 903 Main Street, Redwood City, CA, herein called Lessor, and Hanna Hoang and. <br />(' . TawanaMarie Watson herein called Lessee. <br /> <br />Page 1 <br /> <br />LEASE A GREE1VIENT <br /> <br />Lessee hereby offers to lease from Lessor the premises situated in the City of Redwood <br />City, County of San Mateo, State of California, described as, 903 MAIN STREET, upon <br />the following TERMS 'AND CONDDITIONS: <br /> <br />1. TERMS AND RENT: Lessor demises the above premiseS for a term of a FIVE <br />YEARS, commencing JUNE 1,2000, and terminating on August 31 , 20-05, or <br />sooner as provided herein at the monthly rental of: <br /> <br />June 1,2000 to June 1,2001 - $1, jOO.OO (Fifteen Hundred Dollars) <br /> <br />****'k ***** <br /> <br />June 1,2001 to June 1,2002 - $1,j50.00 (Fifteen Hundred & Fifty Dollars) <br /> <br />*****.;0;:***** <br /> <br />June 1, 2002 tQ June 1,2003 - $1,6()().OO (Sixteen Hundred Dollars) <br /> <br />*********** <br /> <br />June 1,2003 to August 31,2004 - $lJOO.OO (..Seventeen Hundr~d Dollars or cost of <br />living increase, which ever is the hi{jher). <br /> <br />September 1,2004 to August 31,2004 - $1,800.00 (EžghteenHundred Dollars or cost <br />of living increase, which ever is the highest <br /> <br />............................................................................ <br />.. Rent is payable in equal installments in advance on the first day of each month for that <br />month's rental, during the term of this lease, All rental payments shall be made to <br />Lessor, at the address the following specified address: c/o Joan Brant, 505 Edgewood <br />Road, Redwood City, CA 94062: Checks shall be payable to: MAIN STREET <br />ACCOUNT. . <br /> <br />2. <br /> <br />USE: Lessee shall use and occupy the premises for the MAJN STREET SALON <br />(beauty salon, bair dresser, beauty supplies and services). (Retail only). The premises <br />shall be used for no other purpos~. Lessor represents that the premises may lawfully <br />be used for such purpose. <br /> <br />LJ <br />W7 (fit ~q() <br /> <br />EXHIBIT B <br /> <br />'¡---roo .. <br />