SECOND AMENDMENT TO REVOLVING CREDIT AGREEMENT
This Second Amendment to Revolving Credit Agreement ("this Second Amendment"), is made the 30th day of
September, 1994, by and between FEDERAL REALTY INVESTMENT TRUST, an unincorporated business
trust organized under the laws of the District of Columbia ("Borrower"), having an office at 4800 Hampden Lane,
Suite 500, Bethesda, Maryland 20814, and CORESTATES BANK, N.A.*/, a national banking association
("Bank"), having an office at 17th Floor, Centre Square West, 1500 Market Street, Philadelphia, Pennsylvania
B a c k g r o u n d
A. Borrower and Bank are parties to a Revolving Credit Agreement dated as of September 1, 1993, as
amended by a First Amendment to Revolving Credit Agreement (the "First Amendment") dated January 31,
1994 (as so amended, the "Revolving Credit Agreement"). All capitalized terms used but not specifically defined
herein have the meanings defined in the Revolving Credit Agreement.
B. Borrower has requested Bank to increase the amount of the Commitment, to extend the Commitment
Termination Date, and to the modify certain of the other terms and conditions of the Revolving Credit Agreement.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and intending to be legally bound hereby, Borrower and Bank agree as follows:
1. Paragraphs 1 and 2 of the First Amendment shall be of no further force or effect.
2. Henceforth, the Commitment Termination Date shall be December 31, 1997.
3. Henceforth, the term "Commitment" shall mean the Bank's obligation to advance to Borrower
$30,000,000.00, as such amount may be reduced from time to time in accordance with Section 2.04 of the
Revolving Credit Agreement.
*/ CoreStates Bank, N.A. also conducts business as Philadelphia National Bank, as CoreStates First
Pennsylvania Bank and as CoreStates Hamilton Bank.
4. Commencing on the execution of this Second Amendment, the Commitment Fe