AMENDMENT NO. -.1....... TO LEASE FORMARINA DEL REY

9427nl\,vQJU, S)....a8.-2" 31. 32SUI'I'L~M~NT

'rHIS AMENDMENT TO LEASE made this day of

BY AND ~Iji BOARD 01-SUPERVISORS COUNTY OF LOSafter referred

AND JUN21 'D ••IUD we IAlDA, DC.,• Ien__ aorpo_laa/ /J A "'# Gordon T, NBsvig

~¥,~ Clerk 01 the Board "Le s.aee , II

WITNESSETH:

WHEREAS. the parties hereto or their predecessors in interest

have, on the __ t..•ftrPillllll;' :&lIiI•• _ ••1ihu''--- _entered into a lease under which LOUGee leased from County that cer-

tain real in the Marina del Small Craft Harbor known asParcel S). __ I.I"'._.•2.•.'#-, ........•U.•....J••••••••. _32..•••.. ; and

WHEREAS, said lease contains a provision 1."11'''''''',,,1"1,11 the Lesseeagreed to pay as rent a certain of his gross receipts from

various actiVities conducted on the demised Sj andl'iHEREAS, the lea ae provided twenty-three of business

activities on account of which a of the gross receipts wasrequired to be paid as rent; and

the was different for each category; andWHEREAS, it is the desire of the parties hereto to reVise the

percentages payable for certain categories of business activities inorder to increase the revenue to be derived the from theoperation or the leRSeholdf'l and in order to enable the Lessee toattract onto his demised IS certain of businesses which atpresent are not able to operate on the demised premises because of the

rent charged j, andi-iHEREAS, it is also the dAs1,re of the parties hereto to clarify

certain in the lease pertaining to percentage rentals; and

••WHEREAS 7 it is the s hereto to amGnd saId

lease in order to alter certain technicai language in the lease for thepur-pose of said more

NOI,J, THERKb'ORE, in c on s Lde ra

covenants of tne i is

ttve to and Lessee;

the; mutuaI promises and

as follcwm:1. Section (Gross Receipts) is amended

to read as f0110','lS:"The term f g.P()SS reCCilJt 1

defined to be all money, cash,G IIRed in this lease is

, asseLs, propertyor other things of value, inc buL Hmt ted

gross charges, sa le s, r-ent.a Ls , and commlsslons madeor earned, and all groBs sums received or earnedand all !lj assignees, sublessees, Jjcenuccs,

Lessee

bu sLne s s , use occupation,J"etcd or accr-ued, t'r-om anyany combf.na tLon thereof<,

concessionaIres, whether

transacted or n ,.•hole :tnpart,tho premiuc , inc

rendJtlon orbut not limited to, rental, the

of service • and the sale of s,wares or merchandise; less sales and excise taxes applica-

Lessee, hisleSBees. licensees and permittees in connac-

tion vlith the or supplying of services orwares or merchandise, G:r·;o~~jSr-ec e s shal nol includefees, charges or rentals a sublesseewhere the gross receipts of such sublessee arcand1n

te the percentage rental schedule set forthtiOD If

2. Section 13 (Per(~e11t;ai"~eRerrt.aLs ] liJ ted in 1tsent.Lr-e Bnd the follOWing substituted therefor:

square rental upon in Section 12 is aIll]m.mum renta s pS,:lable in la\~'rulmoney the UnitedStates. The money received as square foot rental for anycalendar monLh shall be

rental for calendar month aof th0 per-

for 1n

to

this Section 13.

ee eefifteen (15) after the close of each

term hereof, Lesseeand every caJendar month of

shall pay

of the

to a }jum In like nancy, JeSEl the amount

installment of annual square foot rental

for saId calendar month under Section 12,

equal to the total of the for' saId previous

calendar month:"(a) T1wEN1'Y Per Cent of gross receipts

from the rental or other fees for the

use of boat , anchorages, , dockside

1I ( SEVEN AND ONE-HALF Per Cent ) of

gross receipts from fees, charges or rentals for

occupancy of 'ltructurcs incunits, hotel or motel accommodations, house

trailers, and offices or similar space utilized

for financial, or investment activities;

interna clerical or administrative activities ofbusiness enterprises; real estate and lnsurancebrokerage; or trw rendering of legal, medical,

or similar ssiona} services;

but stores, shops or ottler commercial

establ:Lshments the gross towhieh are subjecspecifically required or authorized to beunder any other subparagraphs of th:Ls section.

••"(d) Per Cent ( gr-osS r-ec ei pts

the of coa t , boat trailers,house trailers and tra leI' cabanas; said groBs

eipts shall include 11 credits given useo

items taken in trade as part

items. as reflected in tho bills or Le .~. out;

trade-in allowance forrna)" be deduc t,(~d

sed item tn tradesubsequent sale price

of II

withinsa1 \~bich

said used item if said item i

establlshod said -Ln i:d.lowdnce.u ((:) PIVE Per Cent ( of gr-osa rec·"!

uoa L broKer'age aw] fr'olfi ruarLne lnsuranc commLs.-s t.ona where tho sale of insurance 1a con du c te d in

tion With boat sales"( f) THENTY Per Cent (

boat brokerage.) of any C ommi ~~:ione

or o co l r ect..ed

service enterprises;

"( ) T\~EN'I't h r: of recejpts

fees charged for use ofami t'aci1:lti,'lS and

services ancillary there 0.1.'0 pr-ov Ldod in com-

man to alJ tenallts;"(h) 'Tv·iSN'I'Y-.B'IVE Per any commis

~liQn~l elY' other' compensation paid to Le8see for tho

to jnstall coin-operated vending or servicemachines or devioes, including pay telephones, or

I"IVE Per Cent ( the gross rec or an:)'machine or device owned3

rented,11 I )

lea Le on h:I s subnf'

operation of a bar, tavern, ocktail or

.~O[\-! 1T'(~rn1 ee s sa Le lcohoHc

that receipts from such fac1l1t1e as are:i n c.onjunc

staurant ser-vt.ce iIi ty on che

( );

from the f'anllittcB.

including bar'wi th 1'1;:: s taurant (simi"lar fact'li food ser-v:i e e

( ) AND ONE-HA~~ Cent~ per (0:ac

gal gasoline) diese fue J)"j xed fuel soldor SIX Per Cent ( of graB receipts of such

sales, whichever is the greater;"(i ) FIVE Pex' Cent ( gross receipts from

sa Le a i 1i t r-o l eum or

fueltLon (k) above;

"(m) RIFTi:lEN

from Cillb dues. Jnltlatlon , and s sment.s ,

sments for tal

n tl, pcs

"(0) (1 gr-o fromthe rental of boats. outboard motors, fitackle, and other r-eatLcn E:~qu:ipment thesale of live bait;

"(p) THREE POl' Cent of gross receiptsand simi lal' Be

ties;

ee ••H(q) F'IVE Per Cent ) of gross recei s

from fee:';,char-ges or rental f'r-om the Leas Lng

or charter of boats for a term e Lx (6)

months or mor-e ,

"(r) SIX Pe.r Cent of grQs s

from the sportfishing boats;"(e) ONE Per Cent ) of groBs receipts

from the sale of see llaneou8 andservices;

H(t} FIVE Per Gent ) of grosB recel Bfrom any and ail other ac \flU esDirector which are not for in the

"If the total of the rentals to

be Lessee -' when on an annual basts.1 ",,,sthan the sum of fillfor any calendar yeap.

r-enta 1 maue Lessee for saidcalendar y':Hr, Lessee shall hp Llowe d redi t foT' any

amount whi ch the Be made exceed the

greater of (1 the sumthe calendar year, or (2) the sum of

PAnts 1" for

ron-tals agreed to be paid. computed on an annual basis

for the calendar year.

"If any of the items, serVices, goods or facili-ties mentioned in subparagraphs (s) through (t) of

this be Lessee or its sub-

lessees. s, licensees, concessionaires or

tees, without the usual s therefor accord-ing to the price list of schedule for inSection if said usual cbarge be not collected

in rull, the proper amount thereof shall neverthelessbe Included the gross receJpts

eeLessee and its sublesseesy assionaires and permit s> and the applicable percentage

rt

in t c:nt:l

i tion that if thesumo iiJhie

any part thereof', snar be unpapay,

the datethe same sha become due, or if other default be made in

any of the terms, agreements, cendi t aons , or coveuan t s

herein contained on the part of Lessee, or should Lesseeabandon or- CE'la s for p,c;rj od of

(30)fire,

c cn tr-o L, L, or CounII

a evidencedit,clc], and

resolution of Board, thia 1rnay exer-ci

-entry the ses and mayand sale benefit said premlses and all

thereon."'[,G8800 sha ll

provisicrl of thl

of,

court or

"In the OVEmt Led

fault as any

f'au I t 1 s the r-e su l

or doero') any

of ed i c t.Lcn.,

is in default hereunder in theof re

I~3soo, no dofall1t w1th PO

the unLil after

writt8n noti Le"In tll'c

observing or

raal

covenant, J CaLytions, provisions or agreements herein required to be

, observed or performed by Leasee, sha g ive

r deTault to Lessee and Lessee she

and

and

its

•• " ". ••na thirty ) davs after service of saidWhich to cure, remedy said

wru.cn commence and pursue the performancer-ecu.i.r-ed to be done t.o cur-e COl'-

t and Should Lessee fail to soid default, or commence and

rernedia a ct Lon

\IIi t.h t n

sna 1] na v e

day

if'-

not exercise anyLes

3v8i13 hie it

C01Jnts ana

L;;l"(0'2!C'tl

arId ~vlll t terwlna lea

breach hereunder on the part of Lessee unless andun tL'I COtl:nt~t ahall have gi",jlen a v:;-ci t t.e n no tIc e

undcra under any mortgagea thereof~ Said

'with

cc~dit1g: r-agra It

shall be pr-e pa Ld,

oreach of or,

jd

notice, said trusteeJ beneficiaryf'l"' r-'

or each

Iy s 'encumbrance

them, Bha11 have ttli;; :cight andfied and if aU saiei

0J11 forcc and effecSa it; wanner:

•• ••11 (

\ 1 1 ul 1r. the

, t neurance

pay

thi

1 ,

after any payment to

Les any

to County, County shall pI'umpLl.;r r-e

no

t.han as speclfied

in cannot be cured

t

"(1) tht n 1:11:i

e nc um-«

br-anc e holdelo

holder commences

action or trust deed sale(said 35-day period shaltime which encumbrance holder

any or-de r,

judgment regula

lon, but "uch

riod

100 days Idor

tionsecuted WitJ~l r-ea aona ~ and

f1(iii n

such 1();3Ure sale

i tl')8

encumbr-ance and ::01'-

Ls dr~?faltl t s 01" c ommeno

pursue of thething ()r

correc I'au 1t..

in

even t

on p3ragpap-tL;J the

{~rlCiJHlb r-a nc e

turc and securing of

days of such fo1'foi-st and

a lease covering the premises suband running SClJ,:j

and .assigns~

and conditions a

an;l

time or for other

pr-enu

d orrrL t:e tb,e

te ,·m'lna tl on ",hal dellver:'i. t:,'" I y

The encumbrance holder shall, however,pay C the amotJnt of ground or holdirlg rental due

and da t.e Cuunty

:incpossession Le whichdur=

lng tho U.rne the;

ilcl:Jiticm, the ericumbr-ance ho Lde i sha 11 j::ay

any and 11

ericumbr-ano

ulilount ortho demisod premlsos his encumbrance. In

add.t 11 a and

a 11 taxes, tha or

assessed against that portioD t' the aernised premises

••ti isj therefor:

tion to suble portions of the demj.sed premise to rs

id thirty day

pr-cpo seo

of any

lncluu""d ,'11

any

set forth in Section 1. U be

~,ubjec:t a 1 tho ~erms an~ con-

d L i•....10HB til.!.:::; lea and in par-t t.cuj ar-

to control of prices pursuan termI sublease' as used leI

license, permit, o e,ssion.~

any 1r::

t e rm

13t f5alcl lly Le

.j.G")"""''''' f sha Lne1ude any licerlsee,

a s Lona Lr-e ,

Lesseo may, w1lnouL or aoproval of Director, subleasepor-t.J ~3 of premises ( but notlimited to .•

storage racltE;:)tial unit, bout

not for1ndivjdual nonbusiness, noncommer-c f aI ue e s,

a any time request approva by

i c Bidential unite pe rIod s

in exce s s

dW0 plan or any kind 3hu 1 be employed without

appr-ove of' Df.r-ec

1tJ.1C' th c on s e n t of t119

assign, tranRf'~r.or B~ under this lea and

nona fide lender

t,Y Lessee may execute

••any and all instruments in connection there'IJithnecessaryand proper to complete such loan and t the securitytherefor to be to such lender. such bona fidelender shall have the at any time the termof the loan and while this leBso 1 in full force andeffect:

"(a) To do any ao or thing required 01'Lesseein order to prevent a forfeiture of Lessee's

hereunder and all such acts or sodone shall prevent a forfeiture of Lessee'shereunder as if done Lessee.

"(b) To realize on the security of the lease-hold estate and to acquire and succeed to theinterest of Lessee hereunder foreclosure ora deed or as in lieu of foreclosure and

thereafter at such lender's option to convey,or sublease the interest or t tIe to said

leasehold estate to any other personhowever , that aatd person shall agree to

and be bound by any and all terms, conditions andcovenants conta1ned in this lease. Two (2) copiesof any and all devices or instrumentsshall be filed with Director prior to the eft'ectivedate there and Lessee shall Directorwritten notice of any Changes or amendments thereto.

beforelndlrec

as In this Section 22 specifieR, Lessee shall not, elther

a te,

hereinor

transfer,or control of this lease or any interest, orprivi therein, or sublet the whole or any ofthe demised or license the use of the same inwhole or In Nei ther this lease nor any Interes t

therein shall be a bl.e, or transferable in

,.

aga tne t Le , or in voluntary

Lngs in

Gien es

aha 11

law; consent of County«olationo of the proviz~ans r thi paragrapn 11

give t.he to te rmtna t.e ttli

and 1;"lithout any of' not i on :21

above.HThe ho Lder- trust b{)na fide

to cur@ any default or

breach if iel iu unab to secure p05-

t38Ssion r ty a n d if it .i.

have t'au Lt

In ~s necessary n n~rlAl~

any other bona fide

lende'!' t

be in faul as Lse s

in the ctlring of such delder of a deed of trust or any t.her

lend8!' shal have all of the rights With 1'e t the

demised premises B Bet forth in or

mortgage or other lending tyL ['octh , an

actionreceiver and to obtainunder- and in

t r-us f or"Each and all of the provision""

conditions herein contained to be performed~

fulfilled, observed and kept shall be upon the

admi strators, successors and assigns

the spective parties hereto, and all rl "J] -

aI'J .. leain fa or

pruvlded, tl"18t no

by or Lessoe in iolati

11

The f'f'e ct te Icase 1

j n the

lea reaffirmed.

C(}UNTV' OF

amendment to lease to be executedto behalf by the Chairman zaid B081'id a nd ,attested by' the lerl{

thereof, and the Lessee has executed this amendment to lease, or caused

it t be duly executed~ the day, month and [1 a tien.

THE PACIFIC BOAT MARINA INC.

APPHOVED AS TO FORI'l~HAROLD W. KENNE~Y, County

Counsel

STATE OF CALIFORNIA) SS.County of Los Angeles '"?

On thi~~y of i4~. A. D., 19..l26, before me GORDON 'f. NESVIG, Clerk of tileBoard of BUIlervlaors of tile unty of Los Angeles, statll of California, residing therelfl, duly commissionedand sworn, perllQnally appeared

~"_. , known

to me to be the Chalrman of Board of Supervisors of tile County of LOB Angeles and tile person who executedthe within instrument on behalf of the County therein named, and acknowledged to me that such county exe-cuted tile same.

BURTON W. CHACf

IN WITNESS WHEREOF, I hllve hereunto Slit my hand and affix(!d my official.~ ~··:r"":'·"-nd yellr of this certlf1cate nrst Iloove written.

Deputy