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LEASE • THIS AGREEMENT, made this 27th day of October, 1994, by and between the CITY OF ST. ANTHONY, a municipal corporation under the laws of the State of Minnesota, (hereinafter called "Landlord") and KATHY MARTIN, 1606 - 3rd Street N.E., Minneapolis, MN 55413 (phone 788-0977 or 788-3632). (hereinafter called "Tenant"), WITNESSETH: That the Landlord, in consideration of the rents and covenants hereinafter mentioned, does hereby Demise, Lease and Let unto the Tenant, and the Tenant does hereby hire and take from the Landlord the following described premises located in the County of Hennepin and the State of Minnesota, viz: That portion of the premises located at 2800 Kenzie Terrace consisting of approximately 605 square feet, in accordance with Exhibit A attached and made a part of. TO HAVE AND TO HOLD THE SAID PREMISES, without any liability or obligation on the part of said Landlord of making any alterations, improvements or repairs of any kind on or about the said premises save as provided herein, for the term of sixty (60) months commencing November 1, 1994, unless terminated at an earlier date as hereinafter provided, for the following purposes only to-wit: Offices for a barber shop and uses permitted under the zoning ordinances of the City of St. Anthony in the "C' General Commercial Business District, except those deemed by the Landlord to conflict with the municipal liquor operation. ARTICLE 1. RENT. Tenant will pay to Landlord at 3301 Silver Lake Road, St. Anthony, Minnesota 55418, or at such other address as may be designated by Landlord, without prior demand and without any deduction or set-off, annual rent in the amount of: (1) $400.00 per month for the period of November 1, 1994 to December 31, 1995; and, (2) $410.00 per month for the period of January 1, 1996 to December 31, 1996; and (3) $420.00 per month for the period of January 1, 1997 to December 31, 1997; and (4) $430.00 per month for the period of January 1, 1998 to December 31, 1998; and (5) $440.00 per month for the period of January 1, 1999 to November 1, 1999. ARTICLE 2. POSSESSION: TERM: RENT. The term of this lease shall be sixty (60) months commencing on November 1, 1994 and terminating on November 1, 1999, unless terminated at an earlier date as hereinafter provided. Landlord shall have no responsibility or liability for loss or damage to fixtures, facilities or equipment installed or left on the premises, unless caused by the negligence 0 of Landlord, its agents or employee.