Texas Association of Realtors
Improved Property Commercial Lease
Use of this form by persons who are not members of the Texas Association of Realtors is not authorized.
1. PARTIES: The parties to this lease are the owner of the Property Hillsboro Loan Investors, L.P. (Landlord)
and the tenant L.B. Foster Company, a Pennsylvania Corporation (Tenant).
2. LEASED PREMISES: Landlord leases to Tenant the following described real property, known as the "leased
premises," along with all its improvements: See Rider to Section 2.
A. Term: The term of this lease is fourteen (14) months, commencing on February 1, 2001 (Commencement
Date) and ending on March 31, 2002 (Expiration Date).
B. Delay of Occupancy: Deleted
4. RENT AND EXPENSES:
A. Base Monthly Rent: See Rider to Section 4(A).
B. Prorated Rent: If the Commencement Date is on a day other than the first day of a month, Tenant will pay
Landlord as prorated rent, and amount equal to the base monthly rent multiplied by the following fraction: the
number of days from the Commencement Date to the first day of the following month divided by the number of
days in the month in which this lease commences. The prorated rent is due on or before the Commencement
D. Place of Payment: Tenant will remit all amounts due Landlord under this lease to Landlord at 7001 Preston
Road, Suite 500, Dallas, Texas 75205 Attention:
James S. Ziegler or to such other person or at such other place as Landlord may designate in writing.
E. Method of Payment: Tenant must pay all rent timely without demand, deduction, or offset, except as permitted
by law or this lease. Time is of the essence for the payment of rent. If Tenant fails to timely pay any amounts due
under this lease or if any check of Tenant is returned to Landlord by the institution on which it was drawn,
Landlord may require Tenant to pay, in addition to any other available remedy, all amounts due under this lease
by certified funds providing written notice to Tenant.
F. Late C