ASSIGNMENT AND ASSUMPTION OF LEASE

_________________________ a single person, ("TENANT") hereby assigns all of his/her right, title, and interest in and to a Lease entered into by and between TENANT, certain other tenants and LARBO , L.L.C.("LANDLORD"), a copy of which is attached hereto as Exhibit "A", and by this reference made a part hereof, to ______________________________(Subtenant).

TENANT represents that TENANT and LANDLORD are currently in full compliance with the terms and conditions of the Lease. SUBTENANT hereby agrees to accept the Assignment of Lease and agrees to perform and assume all of TENANTíS obligations under the Lease from this day forward. TENANT and SUBTENANT agree that any amount of TENANíS security deposit due to be returned at the end of the Lease term shall be paid by LANDLORD to_______________________.

____________________________________ ________________________

(TENANT) Date

 

____________________________________ ________________________

(SUBTENANT) Date

CONSENT TO ASSIGNMENT OF LEASE

The undersigned, LARBO, L.L.C., hereby grants this written consent to the above Assignment and Assumption of Lease. By consenting to the above Assignment and Assumption of Lease, Landlord does not waive any of LANDLORDíS rights under said Lease as to Tenant or any other tenant under the Lease, for obligations under the Lease whether past, present or future. This consent shall also not be construed to modify , waive, release, or otherwise affect any of the terms, covenants, conditions, or provisions of the Lease.

 

Landlord

 

By: _______________________ _____________________               

Date