IN THE DISTRICT COURT OF OKLAHOMA COUNTY
STATE OF OKLAHOMA
BLOCK 1 PARTNERS, LLC, an Oklahoma limited liability company,
Plaintiff,
v.
LIL’ BRENT’S, LLC, an Oklahoma limited liability company; BRENT HICKMAN, an individual; JOSEPH ARMSTRONG, an individual; and MATTHEW RODRIGUEZ, an individual;
Defendants.
VERIFIED PETITION
COMES NOW Plaintiff, Block 1 Partners, LLC ("Plaintiff"), and for its causes of action against Defendants, Lil’ Brent’s, LLC ("Lessee"), Brent Hickman ("Hickman"), Joseph Armstrong ("Armstrong"), and Matthew Rodriguez ("Rodriguez", and together with Lessee, Hickman, and Armstrong, the "Defendants"), alleges and states as follows:
JURISDICTION AND VENUE
1. Plaintiff is an Oklahoma limited liability company with its principal place of business in Oklahoma County, Oklahoma.
2. Defendant Lessee is an Oklahoma limited liability company and is listed as "inactive" with the Oklahoma Secretary of State.
3. Defendant Hickman is an individual who, upon information and belief, resides in Oklahoma County, Oklahoma.
4. Defendant Armstrong is an individual who, upon information and belief, resides in Oklahoma County, Oklahoma.
5. Defendant Rodriguez is an individual who, upon information and belief, resides in Oklahoma County, Oklahoma.
6. This action is to collect rents owed under a lease agreement by and between Plaintiff and Lessee, and personally guaranteed by Hickman, Armstrong, and Rodriguez, for commercial real property situated in Oklahoma County, Oklahoma.
7. The Court has jurisdiction over the parties and subject matter of this lawsuit and venue is proper in this Court.
BACKGROUND FACTS
8. On or about September 14, 2023, Plaintiff and Lessee entered into that certain Lease Agreement (the "Lease") for real property, which is located at 23 W. 1st Street, Suite 110, Edmond, Oklahoma 73034 (the "Property"). A true and correct copy of the Lease is attached hereto as Exhibit 1.
9. Pursuant to its terms, the Lease was for a term of thirty-nine (39) months and provided the following rental payment schedule:
Rent shall be paid in the following amounts:
Months 1 – 3: Base Rent $0.00 per month plus CAM $1,166.83 for Periods 9/15/2023 – 12/15/2023
Months 4 – 6: Base Rent $2,150.66 per month plus CAM
Months 7 – 39: Base Rent $3,360.42 per month plus CAM
Lease Agreement, § 2.
10. The Lease further provides that monthly rental payments "shall be due on the first of each month without demand, counterclaim, set-off and/or any deduction whatsoever." Id. Further, "[a] late charge equal to ten (10) percent of the amount due shall be assessed each month on any such payment not received by 5:00 P.M. on the fifth calendar day of the month in which said payment is due." Id.
11. Concurrently with the Lease, Hickman, Armstrong, and Rodriguez (collectively, the “Guarantors”) executed an enforceable guaranty of the Lease, in which they jointly and severally guaranteed to Plaintiff “prompt payment at all time, of all fixed rent, additional rent, and all other charges of whatever nature, including interest thereon, and all costs, attorney’s fees, and expenses which may be suffered by [Plaintiff] by reason of [Tenant]’s default in the payment of such sums…. ” Lease Agreement, p. 12.
12. Lessee has repeatedly failed to pay certain sums due and owing under the Lease and, therefore, is in default under the terms of the Lease.
13. On or about December 1, 2025, Plaintiff sent Defendants a 10-day Notice to Quit in accordance with section 21 of the Lease and demanded payment for rents due and owing under the Lease from Lessee, but Lessee has refused payment and remains in default.
14. By that same Notice to Quit, Plaintiff also notified the Guarantors of Lessee’s default, and Plaintiff has allowed Guarantors the opportunity to cure Lessee’s default but they have refused to cure Lessee’s default.
15. On or about December 31, 2025, Lessee voluntarily abandoned the Property, and thereafter Plaintiff retook possession of the Property. Plaintiff is (and has been) diligently seeking a new tenant so it can re-lease the premises but has been unsuccessful through no fault of its own as of date of this Petition.
CAUSE OF ACTION - BREACH OF THE LEASE AND GUARANTY
16. All preceding paragraphs are incorporated as if fully set forth herein.
17. Lessee is in default under the Lease for failure to pay rent and other sums due as required under the Lease.
18. Despite notice by Plaintiff, and an opportunity to cure, neither Lessee nor any of the Guarantors have cured Lessee’s default under the Lease.
19. Per the Lease, the Guarantors are jointly and severally liable for the payment and performance by the Lessee, and such liability will not terminate until the Lessee has paid in full and all amounts owing under the Lease Agreement have been paid.
20. As of March 1, 2026, the total amount due and owing to Plaintiff under the Lease was $54,443.53. See Tenant Ledger, attached hereto as Exhibit 2.
21. Additionally, section 2 of the Lease provides that Plaintiff may collect certain late fees and interest from the Lessee on rent that is more than five (5) days overdue.
22. Section 41 of the Lease also provides for the payment of attorneys’ fees and expenses incurred in the enforcement of the Lease.
WHEREFORE, Plaintiff prays for judgment, jointly and severally, against the Defendants as follows:
A. Judgment in personam against Lil' Brent's, LLC, on the Lease Agreement in an amount in excess of $54,443.53, plus interest, penalties, costs and reasonable attorneys’ fees as provided under the Lease.
B. Judgment in personam against Brent Hickman, Joseph Armstrong, and Matthew Rodriguez, jointly and severally, on the guaranty of the Lease Agreement in the amounts set forth in Paragraph A.
C. Such other and further relief as this Court may deem just and equitable under the circumstances.
Dated: March __, 2026
Respectfully submitted.
Larry G. Ball, OBA #12205
Littleton T. Ellett IV, OBA #34644
HALL, ESTILL, HARDWICK, GABLE, GOLDEN & NELSON, P.C.
100 North Broadway, Suite 2900
Oklahoma City, OK 73102-8865
Telephone (405) 553-2828
Facsimile (405) 553-2855
lball @ hallestill.com
tellett @ hallestill.com
ATTORNEYS FOR PLAINTIFF
VERIFICATION
STATE OF OKLAHOMA )
) ss.
COUNTY OF OKLAHOMA )
I, Chris Anderson, of lawful age, being first duly sworn upon oath, state that I am the Managing Member of Block 1 Partners, L.L.C., the plaintiff in this matter, and am authorized to make this Verification on behalf of Block 1 Partners, L.L.C. I have read the foregoing Verified Petition and am familiar with the contents thereof, and the statements contained therein are true and correct to the best of my knowledge and belief. Further, I am familiar with the documents attached as exhibits to the Verified Petition and affirm that they are authentic, true and correct copies of the original documents.
Block 1 Partners, LLC
By: Chris Anderson
Title: Managing Member
On this 15th day of March 2026, before me, the undersigned, a Notary Public in and for the County and State aforesaid, personally appeared Chris Anderson, to me known to be the identical person and acknowledged before me that he executed the same as his free and voluntary act and deed, for the uses and purposes therein set forth.
Given under my hand and seal the day and year last above written.
[SEALED BY MAYME MOORE]
Notary Public
My Commission Number: 220597400
My Commission Expires: 27 JUNE 2020
EXHIBIT 1
LEASE AGREEMENT
This lease agreement made and entered into this ___________________________ by and between Block 1 Partners, LLC herein after called “LESSOR" AND Lil Brents, LLC hereinafter called “LESSEE."
For and in consideration of the covenants and agreements herein provided LESSOR does hereby lease to LESSEE certain real property described as follows:
APPROXIMATE SQ. FT.: 1,613 SF
ADDRESS OF PREMISES: 23 W. 1st Street, Suite 110
CITY/STATE: Edmond, OK 73034
LEGAL DESCRIPTION: Exhibit "A"
IMPROVEMENTS: Exhibit "B"
LESSEE ESTOPPEL STATEMENT: Exhibit “C”
LESSEE ACCEPTANCE LETTER: Exhibit “D”
1. TERM. This lease shall be for a term of THREE (3) YEARS AND THREE (3) MONTHS, beginning on the Commencement Date and terminating on the last day of the month which is THIRTY NINE (39) MONTHS following the Commencement Date.
2. BASE RENT. The base annual rent to be paid by LESSEE for said premises shall be payable monthly, with the first payment due upon execution of this lease, and, thereafter, on the first day of each calendar month following the Commencement Date and through the term of this lease. Monthly payments to be made under this Lease shall be due on the first of each month without demand, counterclaim, set-off and/or any deduction whatsoever. Any payment for a partial month shall be pro-rated based upon a thirty-day (30 day) month. The CAM estimated charge for the first calendar year of the lease will be $8.68 per square foot, payable as additional rent in the amount of $1,166.83 per month. The CAM charge will be adjusted annually during the lease.
Rent shall be paid in the following amounts:
Months 1 – 3: Base Rent $0.00 per month plus CAM $1,166.83 for Periods 9/15/2023 – 12/15/2023
Months 4 – 6: Base Rent $2,150.66 per month plus CAM
Months 7 – 39: Base Rent $3,360.42 per month plus CAM
LATE CHARGE. A Late charge equal to ten (10) percent of the amount due shall be assessed each month on any such payment not received by 5:00 P.M. on the fifth calendar day of the month in which said payment is due. Checks tendered in payment of rental by the LESSEE that are returned unpaid (i.e. Non-sufficient funds or stopped payment) shall incur a service charge of One Hundred Dollars ($100.00) in addition to the ten (10) percent late charge. Amounts payable under this Article 2 shall be deemed additional rent.
3. UTILITIES. LESSEE shall pay for all utilities associated with this Leased Premises.
4. DEPOSIT. The LESSEE has this day deposited with LESSOR, in addition to the first month's rent as set forth above, the sum of $2,150.66 which represents a security deposit for the full and faithful performance by LESSEE of all the terms and conditions upon the LESSEE'S part to be performed. The LESSEE shall not be entitled to any interest on the aforesaid security. Any default or breach of any of the covenants or conditions of this lease by the LESSEE shall forfeit the above deposit to the LESSOR. Except in the event of default or breach of the lease, the security deposit shall be returned to Lessee on or before the 60th day following the expiration of the lease.
5. USE. LESSEE agrees to take good care of premises and not to use them for any purpose other than a restaurant
5.1 LESSEE agrees to notify LESSOR prior to conducting any repairs or replacements which require access to the roof and to get LESSOR’S written approval.
5.2 LESSOR may enter upon the leased premises at all reasonable hours to inspect it. If LESSEE fails to maintain the leased premises as required above or fails to make a necessary repair or repairs or replacement after ten (10) days written notice by LESSOR, LESSOR may order such repair(s) or replacement and charge the cost thereof to the LESSEE payable within five (5) days after receipt of such notice from LESSOR as additional rent.
6. LESSEE MAINTENANCE. LESSEE hereby covenants and agrees that, after the delivery of the leased premises from the LESSOR, it will, at its own cost and expense, maintain and make all repairs (including but not limited to replacements) to the interior of the leased premises, “interior: being defined as that portion of the leased premises from (and including) the tiled or carpeted floor, up to (and including) the acoustical ceiling and inside the exterior walls, including, but not limited to, all doors and door closers to and from the leased premises, all plumbing, electrical, heating ventilation and air conditioning equipment within or servicing the leased premises. LESSEE shall forthwith, at its own expense, replace any broken or cracked plate glass windows with glass of the same quality. LESSEE shall maintain rat-proof refuse receptacles for its own use in the event any refuse is to be temporarily stored outside and in the rear of the leased premises. LESSEE shall furnish all replacement electric light bulbs and ballasts for the interior and exterior of the leased premises.
7. LESSOR MAINTENANCE. LESSOR shall repair and maintain the structural portion of the premises, including exterior walls and roof, unless such maintenance or repair is caused in whole or in part by the neglect, fault, or omission of the LESSEE, its lessor's, employees, or invitees, or by unauthorized breaking and entering, in which event LESSEE shall pay to LESSOR cost of such maintenance and repair. LESSOR shall have no obligation to repair until a reasonable time after the receipt by LESSOR of written notice of the need for repairs. Unless otherwise specifically provided in this lease, there shall be no abatement of rent and no liability of LESSOR by reason of any injury or interference with LESSEE’S business arising from the making of any repairs, alterations or improvements in or to any portion of the premises, or parking lot. The LESSOR shall service and repair if necessary the HVAC Systems prior to occupancy.
8. ALTERATION. LESSEE shall not erect or place any signs or advertising on or visible from the exterior of the premises, nor alter the exterior or make any alterations or additions to the premises without LESSOR’S prior written consent. Should permission be given, LESSEE shall obtain all appropriate permits required. All alterations, additions and improvements made by LESSEE to or upon the premises, except furniture and fixtures, shall at once when made or installed be deemed to have been attached to the freehold and to have become property of LESSOR; provided, however, if prior to termination of this lease, or within fifteen (15) days thereafter, LESSOR may direct by written notice to LESSEE, LESSEE shall promptly remove additions, improvements, fixtures, trade fixtures, and installations which were placed in the premises, by LESSEE and which are designated in said notice and shall repair any damage occasioned by such removal and in default thereof LESSOR may affect said removal and repairs at LESSEE'S expense. Any improvements, alterations, repairs, or maintenance will be performed in a workmanlike manner by qualified, insured, and licensed firms. LESSEE further agrees not to allow any liens for non-payment to be placed on subject property; if any liens do appear, LESSEE agrees to deposit sufficient funds with LESSOR to satisfy said lien or judgement.
9. POSSESSION. LESSOR warrants that it has good title to the premises; that it will, at beginning of the terms hereof, deliver possession to LESSEE in good condition, free of all other tenancies, which condition will comply with all laws and ordinances applicable to the premises and their intended use. Each party hereto affirms and states it has full right and authority to enter into this lease agreement.
10. RELOCATION. INTENTIONALLY LEFT BLANK.
11. COMMENCEMENT DATE. The Commencement Date of the lease shall be September 15, 2023.
12. RENT COMMENCEMENT DATE. The Rent Commencement Date of the lease shall December 15, 2023
13. SUBLEASE. LESSEE shall not have the right to assign this lease or to sub-lease the leased premises or any part thereof, without prior written consent of the LESSOR. Should LESSOR give consent, same will be subject to a
reasonable Assignment Fee payable to the LESSOR. No such consent shall serve to release LESSEE from liability under terms of this lease.
14. LESSEE’S PRIVATE AREA. The square footage computed by LESSOR is enclosed within a perimeter line consisting of the outer wall or glass line of the building and the midpoint of the common walls separating the LESSEE’S Private Area from Common Area or other Lessees of the building.
15. SUBORDINATION. This lease and all rights of the LESSEE hereunder at the option of the LESSOR will be subject and subordinate to all encumbrances. LESSEE agrees to execute and deliver to LESSOR from time to time within ten (10) days after written request by LESSOR all instruments, which might be required by LESSOR to confirm such subordination. Notwithstanding the foregoing provisions, LESSEE agrees that any Mortgagee will have the right at any time to subordinate any rights of such Mortgagee to the rights of the LESSEE under the lease on such terms and subject to conditions as such Mortgagee deems appropriate in such Mortgagee’s absolute discretion.
16. INSOLVENCY. In the event of attempted assignment of this lease to creditors, or the institution of bankruptcy, corporate reorganization, trustee or receivership proceedings involving LESSEE, shall forthwith and of themselves cancel and void this lease, and possession of the premises shall immediately pass to LESSOR, at its option. If LESSOR exercises its option to recover possession of the premises upon the occurrence of one of such events, it shall not be held to have waived its cause of action against LESSEE for its failure to perform fully the terms of this lease prior to such event.
17. SALE BY LESSOR. In the event LESSOR transfers any of its interest in the building, affecting LESSEE, LESSOR will thereby be released from any further obligation hereunder and LESSEE agrees to look solely to the transferee for the performance of such obligations. The agreement of LESSEE to return to the designee of the LESSOR from time to time within ten (10) days after written request therefore all instruments which might be required by the LESSOR to confirm such attornment.
18. INDEMNITY. LESSEE agrees to carry public liability insurance covering the premises and the business conducted therein, which insurance shall be in the amount of not less than $1,000,000 each person and $2,000,000 each occurrence coverage and provide a certificate of insurance to the LESSOR. Such policies shall be for the benefit of the LESSOR, LESSEE, and property Management Company as their interests may appear, and LESSEE shall furnish LESSOR a certificate of said insurance naming Downtown Edmond Partners, LLC, as additional insured for liability coverage. LESSEE further agrees to indemnify LESSOR and property management company for any and all damages to the contents of any portion of the building herein leased, and for any action, claim or injuries arising from the maintenance, operation, or use by LESSEE, its employees, customer, or invitees of the premises by any person, or for any condition existing on said premises under the control of LESSEE or which condition is the responsibility of LESSEE. In any suit or action for damages arising from alleged negligence of LESSEE, in which LESSOR is included as defendant, LESSEE will assume all the burdens, costs, and expenses of the defense thereof, including attorney’s fees, cost of LESSOR’S staff to prepare documents, and the cost of settlement or judgement obtained against LESSOR and property management company of reason thereof. For further clarification, LESSEE and LESSOR shall each be responsible for their own negligence.
19. MAINTENANCE AND REPAIRS. LESSEE and LESSOR shall have the following obligations with respect to repair and maintenance.
18.1 LESSEE’S OBLIGATIONS. LESSEE shall take good care of and maintain the Premises and the fixtures, glass, appurtenances and equipment therein and at its sole cost and expense make all repairs to such fixtures, appurtenances and equipment including, but not limited to any and all heating and air conditioning units as and when needed to preserve them in good working order and condition. All damage or injury to the Premises (except however its structural components and roof) or to its fixtures, glass, appurtenances, and equipment, or to the Premises (including but not limited to its structural components and roof) or its fixtures, glass, appurtenances and equipment (i) caused by LESSEE moving property in or out of the Premises. (ii) caused by LESSEES installation or removal of furniture, fixtures or other property, (iii) resulting from fire, explosion, air conditioning unit or heating system failure, short circuits, flow or
leakage of water steam, sewer gas, sewerage odors, mold or by frost or by bursting or leaking of pipes or plumbing works or gas, or from rain, or (iv) from any other cause of any other kind or nature whatsoever, resulting due to the carelessness, omission, neglect improper conduct or other causes of LESSEE, it's servants, employees, agents, customers, visitors, or licensees, shall be repaired restored, or replaced promptly by LESSEE at its sole cost and expense, to the satisfaction of LESSOR. All such repairs, restorations and replacements shall be in quality and class equal to the original work or installations and shall be done in a good and workmanlike manner. If LESSEE fails to make such repairs, restorations or replacements, the same may be made by LESSOR at the expense of LESSEE and all sums so spent and expenses incurred by LESSOR shall be collectible as Additional Rent and shall be paid by LESSEE within (10) days after rendition of a bill or statement thereof.
18.2 LESSOR'S OBLIGATIONS. LESSOR, shall make all repairs and replacements, structural and otherwise, necessary or desirable to keep in good order and repair the exterior of the Premises, the roof, the Common Areas (excepting, however, the interior of the Premises for which LESSEE shall be responsible), and the parking area, except as any such repairs are to be made by LESSEE. LESSEE agrees to notify LESSOR of the necessity for any repairs of which LESSEE may have knowledge, for which LESSOR may be responsible under the provisions of this Section. LESSEE will not allow any material or mechanics liens place upon the Premises. LESSEE will bear all of the costs and expenses to remove said liens, including reasonable attorney fees.
18.3 HEATING AND AIR CONDITIONING EQUIPMENT. With respect to the heating and air conditioning equipment contained in and/or servicing the Premises, LESSOR and LESSEE hereby agree as follows:
18.3.1 INSPECTION. LESSEE acknowledges and agrees that it has been provided ample access to and has made its own independent inspection of the heating and air conditioning systems(s) contained in and/or servicing the Premises and is accepting such equipment “as is” condition subject to all faults and without warranty of any kind relating thereto, except manufactures warranty, a copy of which, if any, will be given to LESSEE.
18.3.2 MAINTENANCE AGREEMENT. LESSEE agrees that at all times during the term of this Lease and any extended term hereof, LESSEE shall maintain, keep in good repair and replace when necessary at LESSEE'S sole cost and expense, all such heating and air conditioning equipment and systems. In order to insure the proper functioning of such equipment and to increase the efficiency thereof. LESSEE agrees that at all times during the term of this Lease and any extended term hereof, LESSEE shall at LESSEE'S sole cost and expense, keep in full force and satisfactory to LESSOR, which maintenance agreement shall provide for the periodic inspection, maintenance and repair (including replacement) of such equipment at least twice per year. LESSEE shall annually provide LESSOR a valid copy of said maintenance agreement or a copy of the semi-annual statement verifying the semi-annual inspection. Should LESSEE fail to enter into such maintenance agreement, LESSOR, at its sole option and without any obligation whatsoever to do so, may enter into a management agreement with a heating and air conditioning service company of LESSOR'S choice and in such event, all sums payable by LESSOR, pursuant to such maintenance agreement shall be payable by LESSEE to LESSOR upon demand.
20. DESTRUCTION. In the event said premises are damaged, partially destroyed or rendered partially unfit for their accustomed use by fire, tornado, or any other casualty, LESSOR shall at its expense, promptly restore the premises to substantially the condition in which they were immediately prior to such casualty. From the date of such casualty until said premises are restored, rent shall abate in such proportion as the part of said premises thus destroyed or rendered unfit bears to the total premises. In the event the premises are totally destroyed or rendered wholly unfit for their accustomed uses by any casualty, LESSOR may, at its option, elect to restore said premises at is expense to substantially the condition they were in prior to such casualty. In the event a casualty occurs, LESSEE can terminate this lease within three (3) months of said event. If LESSOR does not commence such restoration with three (3) months after such casualty, this lease shall terminate and LESSEE shall be liable
for rent only to the time of such casualty. The premises shall be deemed totally destroyed if the cost of restoration exceeds 50% of the fair market value of the improvements thereon prior to such casualty. LESSEE shall receive pro rata refund of any sum paid in advance for the period during which the premises are unfit for use.
21. DEFAULT. If LESSEE vacates or abandons said premises or defaults in the payment of the rent reserved or any installation thereof, or late charges, or any other sum due under the terms and conditions of lease agreement, or breaches any of the covenants herein and if such defaults or breach continues for ten (10) days after written notice thereof, LESSOR may, at its option, terminate this lease or without such termination enter said premises, remove LESSEE'S property therefrom, and re-let the same for the account of LESSEE for such rent and upon such terms as may be satisfactory to LESSOR, without such re-entry working a forfeiture of or future rents to be paid or the covenants to be performed by LESSEE during full term hereof in any event, LESSEE shall pay any rent deficiency each month thereafter, during the balance of the term hereof, LESSEE shall also be responsible for the storage of LESSEE'S property if property has to be removed from premises. If after 30 days, full payment has not been received, LESSOR may advertise LESSEE'S personal property for sale and sell the personal property to pay for sums owing.
22. LIEN. INTENTIALLY LEFT BLANK.
23. WAIVER AND NOTICE. Any assent, expressed or implied by LESSOR to any breach of any covenant or condition herein shall operate as such only in the specific instance and shall not be an assent or waiver hereof generally or of any subsequent breach thereof. The various rights, powers, elections and remedies of LESSOR contained herein are cumulative, and no one of them shall be exclusive of others or of any allowed by law. No right shall be exhausted by being exercised on one or more occasions. Time is of the essence hereof. Except as may be otherwise specifically provided herein, all notices required or permitted hereunder shall be in writing, and shall be deemed to be delivered when (a) delivered personally and acknowledged and dated in writing as received by the notice party or their representative, (b) when deposited with the United States Postal Service, postage prepaid registered or certified mail, return receipt requested, or (c) when the same has been deposited with a commercial overnight delivery service, for delivery on the next business day addressed to the parties at the respective addresses set forth hereunder, or at such other address as may have been theretofore specified by written notice delivered in accordance herewith. The provision contained herein, including any additional provisions, are the complete terms of the lease, and no alterations or modifications of said terms shall be binding unless signed and dated by both parties.
LESSOR:
Block 1 Partners, LLC
123 S. Broadway
Edmond, OK 73034
Chris Anderson, Managing Member
P: (405) 285-2100
E:
[email protected]
LESSEE:
Lil Brents, LLC
1612 NW157th Cir Edmond OK 73013
Brent Hickman
President
P: 4055133608
E:
[email protected]
SUITABILITY. LESSEE acknowledges that neither LESSOR nor any LESSOR'S of LESSOR has made any representation or warranty with respect to the premises or the suitability of the premises for the conduct of LESSEE'S business, nor has LESSOR agreed to undertake any modification, alteration or improvement to the premises except as provided in this lease. The taking of possession of premises by LESSEE shall conclusively establish that the premises were at such time in satisfactory condition unless within fifteen (15) days after such date LESSEE shall give LESSOR written notice specifying in reasonable detail the respects in which the premises or the building were not in satisfactory condition. By execution hereto, LESSEE and LESSOR acknowledge that they have investigated all representation of LESSORS, and as such LESSOR'S shall be relieved of all liability for future claims.
24. PROHIBITED USES. LESSEE shall not use said premises for any use other than that which is specified in this lease, and shall not permit them to
LESSEE may not display or sell items or allow carts, portable signs, devices or any other objects to be stored or to remain outside of the defined exterior walls and permanent doorways of the premises. LESSEE further agrees not to install any exterior lighting, amplifiers or similar devices or use in or about the premises, any advertising medium which may be heard or seen outside the premises, such as flashing lights, searchlights, loudspeakers, phonographs, or radio broadcasts.
LESSEE shall not do or permit anything to be done in or about the premises nor bring or keep anything therein which will in any way increase the existing rate or affect any fire or other insurance upon the remises or any building of which the premises may be a part of its contents, nor shall LESSEE sell or permit any articles to be kept, used or sold in or about the premises, which may be prohibited by a standard form policy of fire insurance. If LESSOR'S insurance premiums increased as a result of LESSEE'S business operation, LESSEE agrees to pay said increase. LESSEE shall not store any items or permit anything done on the premises, which would create an environmental violation. Should LESSEE violate this provision, LESSEE assumes all responsibility for damages as well as cost to return property to original status.
In the event premises represent a section of a larger building, LESSEE shall not do or permit anything to be done n or about the premises which will in any way obstruct or interfere with the rights of other Lessees or occupants of the building of which the premises may be a part or injure or annoy them, or use to allow the premises to be used for any unlawful or objectionable purpose, not shall LESSEE cause, maintain or permit any nuisance in, on, or about the premises. LESSEE shall not commit or allow to be committed any waste in or upon the premises. LESSEE shall keep the premises in a clean and wholesome condition, free of any objectionable noises, odors, pets, or nuisances.
25. TERMINATION. LESSOR may show the premises to prospective lessees at any reasonable hour during the last ninety (90) days of the term hereof. This lease shall not be deemed renewed except upon written agreement to that effect. This lease shall not be deemed renewed except upon written agreement to that affect. This lease shall not be deemed renewed except upon written agreement to that affect. LESSEE agrees that it will without notice, deliver possession of said premises to LESSOR upon the expiration of the term hereof. In the event LESSEE remains in possession of said premises after the expiration date of this lease, without executing a new lease, LESSEE shall be deemed to occupy the premises as a Lessee from month to month at a rate equal to twice the rental amount of expiration of lease. Month to month tenancy shall be subject to all the terms hereof insofar as they are applicable to such tenancy.
26. CONDEMNATION. If during the term of this lease more than forty percent (40%) of the parking lot and/or building should be taken by eminent domain or condemnation for public or quasi-public use, or by private purchase in lieu thereof, this lease shall terminate upon the election of either party by giving written notice to the other party within sixty (60) days after that taking of possession by the condemning authority. All funds derived from condemnation proceeding shall be paid direct to LESSOR, and LESSEE hereby assigns its interest in any such award to LESSOR; provided, however, LESSOR shall have no interest in any award made to LESSEE for loss of business, fixtures or moving, if such separate award is made to LESSEE.
27. DAMAGE TO PROPERTY. LESSEE shall bear all risks of damage to the equipment, fixtures, furnishings, inventory, and supplies located on and situated in said leased premises and shall maintain adequate insurance thereof, including, but not limited to, damages to any such property caused by gas, water, smoke, rain or snow, which may leak into, issue from any part of said building of which the leased premises are a part, or from pipes or plumbing work of said buildings, or from any other place.
28. INTEREST ON PAST DUE OBLIGATION. Except as expressly herein provided, any amount not paid to LESSOR when due shall bear interest at eighteen percent (18%) per annum from the due date. Payment of
such interest shall not excuse or cure any default by LESSEE under this lease.
29. CORPORATE AUTHORITY. If LESSEE is a corporation, each individual executing this lease on behalf of said corporation represents and warrants that they are duly authorized to execute and deliver this lease on behalf of said corporation in accordance with the By-Laws of said corporation, and that this lease is binding upon said corporation in accordance with its terms.
30. INABILITY TO PERFORM. If either party hereto shall be delayed or prevented from the performance of any act required hereunder by reason of strike, labor trouble, acts of God or any other cause beyond the reasonable control of such party (financial inability excepted), and such party is otherwise without fault, the performance of such act shall be excused for the period of the delay, provided that the foregoing shall not excuse LESSEE from the prompt payment of any rental or other charge required of LESSEE hereunder unless otherwise specifically so stated in this lease.
31. BINDING EFFECT. The covenants, terms, conditions, and agreements herein contained shall extend to and be binding upon the respective heirs, trustees, successors, executors, administrators, and assigns of the parties.
32. COMPLETE AGREEMENT. The covenants and conditions herein contained, together with any exhibits and addenda attached, are the full and complete terms of this lease agreement, and no alterations, amendments or modifications of the same shall be binding, unless first reduced to writing and signed by both parties.
33. BROKER DISCLOSURE. Both LESSEE and LESSOR agree no other Broker is involved in this transaction other than Grant Group Commercial Real Estate. LESSEE warrants that it has had no dealings with any real estate brokers or associates in connection with the negotiation of this Lease excepting only the brokers named above, and it knows of no other real estate broker or associates who is entitled to a commission in connection with this Lease. LESSEE agrees to indemnify the LESSOR from all claims for commissions or other compensation asserted by any person employed or retained by LESSEE with respect to the lease of the Leased Premises.
34. SUBMISSION. The submission of this lease for examination does not constitute a reservation of or option for the premises and this lease becomes effective as a lease only upon execution and delivery thereof by LESSOR and LESSEE.
35. UTILITY SERVICE PROVIDERS. Lessor, at its own cost, shall furnish, install, and maintain utility lines and services to serve the building. LESSEE shall pay all the service fees, usage charges for, electricity, gas, telephone, pest control, and all pollution charges, or any other utility charge or service call charge that may accrue by reason of occupancy by LESSEE, and shall not permit any lien or claim to be filed against LESSOR by reason of such charge. Notwithstanding anything herein to the contrary, LESSEE shall pay for all charges and service calls to correct plumbing stoppages caused by activities conducted within the leased premises.
36. COMMON AREA MAINTENANCE(CAM). LESSEE shall pay to LESSOR as Additional Rent LESSEE'S proportionate share of all costs incurred by LESSOR in maintaining, repairing, operating and insuring the portions of the Shopping Center which are the responsibility of the LESSOR hereunder, hereinafter called "CAM Expenses," including, without limitation, the total cost of:
(i) Snow removal; maintenance, repair and replacement of all parking lot surfaces and service areas, including cleaning, sweeping, painting, striping, and repaving; maintenance and repair of sidewalks, access roads, pathways, grass plots, paintings curbs, guardrails, bumpers, fences, screens, flagpoles, bicycle racks, Shopping Center identification signs, directional signs, traffic signals, and other traffic markers and signs;
(ii) Maintenance, replacement and repair of the storm and sanitary drainage systems; irrigation systems; electrical, gas and water systems; lighting systems; water and sprinkler systems; other utility systems; security systems; paving curbs, walkways, roofs, ceilings, and signage;
(iii) Exterior planting, replanting and replacing flowers, shrubbery, plants, tree, and other landscaping;
(iv) All license and permit fees and all surcharges that may result from any environmental or other laws, rules, regulations, guidelines or orders;
(v) Personnel, including without limitation, security and maintenance personnel on the Shopping Center;
(vi) An additional sum equal to fifteen percent (15%) of all the foregoing costs to cover the administrative costs related to the operation of said Common Areas;
(vii) The total costs of insuring (including liability Insurance for personal injury, defamation, wrongful arrest or detainer, death and property damage; workers' compensation; and fidelity bonds for personnel) the Shopping Center;
(viii) Paying all taxes, public charges and assessments of whatsoever nature directly or indirectly assessed upon the land, building, equipment and improvement constituting the Shopping Center and rents therefrom, including but not limited to all real property taxes, rates, duties, and assessments, local improvement taxes, import charges or levies, whether general or special, that are levied, charges or assessed against the Shopping Center by any lawful taxing authority whether federal, state, county, municipal, school, or otherwise (other than income, inheritance and franchise taxes thereon).
LESSEE'S proportionate share of Operating Costs shall be computed by multiplying Operating Costs by a fraction, the numerator of which shall be the number of gross square feet of the premises and the denominator of which shall be the number of square feet of gross leasable area of the Shopping Center. The LESSEE shall pay its proportionate share of Operating Costs in monthly installments, without demand, deduction or setoff, along with the monthly payments of base rent in such amounts as are, from time to time, estimated by Landlord. Estimates shall be revised not less than annually on the basis of actual Operating Costs for the preceding year of operations. Should Operating Costs by underestimated, LESSEE shall pay any deficiency along with the payment of base rent next due and thereafter pay its adjusted proportionate share of Operating Costs in equal monthly installments as herein provided. Any excess payments shall be credited to LESSEE against the payment of Operating Costs per square foot of premises; during the calendar year of the execution of this lease is $8.68 per square foot. Until further notice, LESSEE shall pay the estimated amounts as additional rent, month, along with the payment of base rent.
37. AMERICANS WITH DISABILITIES ACT OF 1990. Any other provision of this Lease notwithstanding, the parties hereby agree that the demised premises may be subject to the terms and conditions of the Americans with Disabilities Act of 1990 (hereinafter the ("ADA"). The parties further agree and acknowledge that it shall be the sole responsibility of the LESSEE to comply with any and all provisions of the ADA, such as compliance may be required to operate the demised premises. The LESSEE further agrees to indemnify and hold the LESSOR harmless against any claims, which may arise out of LESSEE'S failure to comply with the ADA. Such indemnification shall include, but not necessarily be limited to, reasonable attorney's fees, court costs, and judgments as a result of said claim. LESSOR will warrant the premises are in compliance on the date the lease begins.
38. SMOKE FREE ENVIRONMENT. Lessee agrees to indemnify and hold Block 1 Partners, LLC, its LESSOR'S, officers, and brokers, harmless against any claims which may arise out of LESSOR'S decision not to maintain a smoke free environment. Such indemnification shall include, but not necessarily be limited to, reasonable attorney's fees, court costs, mediation and/or arbitration costs, and judgments as a result of said claims.
39. TOXIC MOLD. LESSEE agrees to indemnify and hold LESSOR, its officers, and affiliates, harmless against any claims, which may arise out of LESSOR'S responsibility regarding any toxic mold that may be found in the premises. Such indemnification shall include, but not necessarily be limited to, reasonable attorney's fees, court costs, mediation and/or arbitration costs, and judgements as a result of said claims. LESSEE agrees by their signing this lease that they are unaware of any toxic mold at the time this lease is being signed. In the event the LESSEE has any indication in the future that mold becomes present in the premises, they will immediately notify
the LESSOR in writing so appropriate action can be taken.
40. ANNUAL FINANCIAL STATEMENTS. LESSEE is required to provide LESSOR with annual financial statements for Lil Brents, LLC if requested by LESSORS lender.
41. EXPENSE OF ENFORCEMENT. If either party hereto be made or becomes a party to any litigation by or against the other party involving the enforcement of any of the rights and remedies of such party, or arising, on account of the default of the party in the performance of such party's obligations hereunder, then the prevailing party in any litigation, or the party becoming involved in such litigation because of a claim against such other party, as the case may be, shall receive from the other party all costs and reasonable attorney's fees incurred by such party in such litigation.
42. LESSOR IMPROVEMENTS. See Exhibit "B".
43. SIGN CRITERIA. LESSEE will have right to display a sign however only after prior written approval by LESSOR. Any cost of signage will be at LESSEE’s sole expense.
44. ESTOPPEL CERTIFICATE. LESSEE agrees on the commencement date, and from time to time thereafter upon not less than fifteen (15) days prior written request by LESSOR, to execute, acknowledge and deliver to LESSOR a statement in writing in the form attached hereto as exhibit “D” certifying that this lease is unmodified and in full force and effect; that LESSEE has no defenses, offsets or counterclaims against its obligations to pay the fixed rent and additional rent and to perform its other covenants under this lease; that there are no uncured defaults of LESSOR or LESSEE under this lease (or, if there have been any modifications), that there are any defenses, offsets, counterclaims, or defaults, setting them forth in reasonable detail; and the dates to which the fixed minimum rent, percentage rent, common area and other charges have been paid. Any such statement delivered pursuant to this Article 44 may be relied upon by prospective purchaser or mortgagee of Premises which include the Premises or any prospective assignee of any such mortgage.
45. NON COMPETITION. The LESSOR agrees that during the term of this lease and any extensions thereof, LESSOR will not lease any suites in the same building to any other tenant whose primary business is cajun food.
46. CONFIDENTIALITY. The parties hereto agree that LESSEE will not disclose any of the terms and conditions of this lease agreement other than in the course of the interest operations of the LESSEES business. LESSEE'S are specifically prohibited from disclosing any of the terms and conditions of this lease agreement with other LESSEE'S (past, present or future). Intentional disclosure of the terms and conditions of this lease agreement may constitute an event of default at the LESSOR’S option.
47. TENANT IMPROVEMENT ALLOWANCE. Lessee, at its sole cost and expense, will construct any desired improvements to the Premises for Lessees occupation and use (each a Tenant Improvement and collectively the Tenant Improvements), after Tenant has paid first months rent, deposit and first months CAM. Lessee may not make or cause to be made any Tenant Improvements without obtaining Lessors prior written consent, which consent may not be unreasonably withheld. Lessor retains the right, as a condition to any consent granted under this Section, to place conditions on its consent such as, but not limited to, requiring that any Tenant Improvements be constructed by Lessors pre-approved contractors, requiring that Lessee post sufficient security to assure completion of the Tenant Improvement beyond the Lessors Tenant Improvement Allowance, and conditions relating to insurance required to be carried by Lessees contractors. Subject to the terms and conditions of this Second Amendment, Lessee is solely responsible for all costs associated with any Tenant Improvements, and once any Tenant Improvements are commenced, Lessee must diligently and continuously pursue their completion. All Tenant Improvements must be performed in a good and workmanlike manner and in compliance with all laws, rules, ordinances, and regulations (now or hereafter in effect) of all governmental agencies and authorities. Further, Lessee shall comply with and shall cause its contractors to comply with the Construction Rules and Regulations attached hereto as Exhibit K and incorporated herein by this reference. Subject to Lessors prior approval, which approval shall not be unreasonably withheld, conditioned, or delayed, with respect to architectural and construction work to be performed at the Premises, Lessee shall have the right to undertake both building standard and non-building standard improvements. Lessee acknowledges and agrees
that any review by Lessor of Lessees plans and specifications and/or right of approval exercised by Lessor with respect to Lessees architect and/or contractor is for Lessors benefit only and Lessor shall not, by virtue of such review or right of approval, be deemed to make any representation, warranty or acknowledgment to Lessee or to any other person or entity as to the adequacy of Lessees plans and specifications or as to the ability, capability or reputation of Lessees architect and/or contractor.
48. OTHER TAXES. In the event the State of Oklahoma or any local municipality, or any other taxing jurisdiction begins to charge or assess a sales/use tax on rent collections, or any type of utility related fee, the LESSEE understands these costs will be passed through to the LESSEE and will be collected monthly from the LESSEE at the same time rent is due with the same late fee consequences. The LESSOR will bill these charges to the LESSEE for ease of accounting. If paid late, the LESSEE will be responsible for all penalties and additional assessments.
The Americans with Disabilities Act is intended to make many business establishments equally accessible to persons with a variety of disabilities; modifications to real property may be required. State and local law also may mandate changes. Heating and air conditioning capacity, plumbing capacity, roof condition, structural load requirements and other building and structural requirements may also require modification to the property involved in the transaction. The real estate brokers in this transaction are not qualified to advise you as to what, if any, changes may be required now, or in the future. LESSOR'S and LESSEE'S should consult the attorneys, qualified design professionals and other construction professionals of their choice for information regarding these matters. Real estate brokers cannot determine which professionals have the appropriate expertise in this area.
Various construction materials may contain items that have been or may in the future be determined to be hazardous (toxic) or undesirable and may need to be specially treated/handled or removed. For example, some transformers and other electrical components contain PCB's and asbestos has been used in components such as fire-proofing, heating and cooling systems, air duct insulation, spray-on and tile acoustical martials, linoleum, floor tiles, roofing, dry wall and plaster. Due to prior or current uses of the Property or in the area, the Property may have hazardous or undesirable metals (including lead-base paint), minerals, chemicals, hydrocarbons, or biological or radioactive items (including electric and magnetic fields) in soils, water, building components, above or below ground containers or elsewhere in areas that may or may not be accessible or noticeable. Such items may leak or otherwise be released. Real estate BROKERS have no expertise in the detection or correction of hazardous or undesirable items.
Expert inspections are necessary. Current or future laws may require clean up by past, present and/or future LESSOR'S and/or operators. It is the responsibility of the Seller/Lessor and Buyer/LESSEE to retain qualified experts to detect and correct such matters and to consult with legal counsel of their choice to determine what provisions, if any, they may with to include in transaction documents regarding the Property.
LEASOR:
Block 1 Partners, LLC
By: ____________________________
Chris Anderson, Managing Member
An Oklahoma licensed broker acting on his own behalf.
LESSEE:
Entity Name: Lil Brents, LLC
EIN# 93-2907392
By: ____________________________
Brent Hickman
Print: _________________________
By: ____________________________
JOSEPH ARMSTRONG
Print: __________________
By: ____________________________
MATTHEW RODRIGUEZ
Print: _________________________
In order to induce the LESSOR to enter into the Lease and in consideration thereof and of the benefits to accrue to the undersigned Guarantor(s) therefrom, the undersigned hereby jointly and severally guarantee to LESSOR the prompt payment at all times, of all fixed rent, additional rent, and all other charges of whatever nature, including interest thereon, and all costs, attorney's fees, and expenses which may be suffered by LESSOR by reason of LESSEE'S default in the payment of such sums, or the default by the undersigned Guarantor(s) further guarantee to LESSOR the full, punctual and faithful performance of each and every covenant, term, condition and obligation to be performed by the LESSEE with respect to the lease.
The Guarantor(s) further agree that the liability under this guaranty shall not be released, diminished, impaired, reduced or effected by (i) any partial release of the liability of the undersigned or any of them hereunder or under any other instrument executed in connection with or as security for the Lease; (ii) any renewal, extension and/or amendment to or of the Lease, either with or without notice to or consent of the undersigned; or (iii) any neglect, delay, omission, failure or refusal of LESSOR to take or prosecute any action for the collection of any sums due under the lease or for the failure of performance under the lease.
In the event of a default under the lease by the LESSEE, the undersigned agree that LESSOR may first proceed against this guaranty and against the undersigned guarantors, without first having to proceed against the LESSEE or to liquidate any security which may have been given to LESSOR by the LESSEE or any other party.
Signature of Individual
Brent Hickman
Date
Print Name
Brent Hickman
SS#
Signature of Individual
MATTHEW RODRIGUEZ
Date
Print Name
Matthew Rodriguez
SS#
Signature of Individual
JOSEPH ARMSTRONG
Date
Print Name
Joseph Armstrong
SS#
EXHIBIT 'A'
LEGAL DESCRIPTION
SURFACE RIGHTS ONLY
23 W. 1st Street, Suite 110, Edmond, OK 73034
EXHIBIT "B"
LESSOR IMPROVEMENTS
LESSOR IS DELIVERING THE SUITE "AS-IS". Any additional remodel or construction by Lessee must be paid for by Lessee and must be approved by Lessor prior to any work being done on this property. Lessee's work cannot begin until one month's rent, CAM, and Security Deposit is paid.
LESSEE: Lil Brents, LLC
Lil' Brent's Cajun Bar and Grill
ADDRESS: 1612 NW157th Cir Edmond OK 73013
By: ________________________________
Brent Hickman
Print: ________________________________
By: ________________________________
JOSEPH ARMSTRONG
Print: ________________________________
By: ________________________________
MATTHEW RODRIGUEZ
Print: ________________________________
LESSOR: Block 1 Partners, LLC
123 S. Broadway
Edmond, OK 73034
By: ________________________________
Chris Anderson, Managing Member
EXHIBIT “C”
LESSEE ESTOPPEL STATEMENT
RE: Lease Dated 9/14/2023 | 9:42 AM PDT with a Commencement Date of September 15, 2023
LESSOR: Block 1 Partners, LLC
LESSEE: Lil Brents, LLC
PREMISES: 23 W. 1st Street, Suite 110, Edmond, OK 73034
As LESSEE under the above referenced Lease, the undersigned hereby acknowledges for the benefit of the LESSOR the potential purchaser of the Premises and any potential lender whose loan will be secured by the Premises the truth and accuracy of the following statements pertaining to the Lease.
1. LESSEE has accepted, is satisfied with, and is in full possession of said Premises, including all improvements, additions and alterations thereto required to be made by LESSOR under the Lease.
2. The Lease is in full force and effect and LESSEE is paying the full rent stipulated in the Lease with no offsets, defenses or claims.
3. Neither LESSOR nor LESSEE is in default under any of the terms, covenants or provisions of the Lease.
4. LESSOR has satisfactorily complied with all of the requirements and conditions precedent to the commencement of the terms of the Lease as specified in the Lease.
5. The Lease is for a term of three years & three months and LESSEE has been in occupancy and paying rent since the Commencement Date.
6. No monetary consideration, including the value of rental concessions, has been granted LESSEE by LESSOR for entering into the Lease.
7. That the LESSOR holds no security deposit of the LESSEE except as follows: $2,150.66.
8. LESSEE acknowledges (a) that there have been no oral or written modifications or amendments to the Lease other than herein specifically stated, (b) that is has no notice of prior assignment, hypothecation or pledge of rents or of the Lease, (c) that a true and complete copy of the Lease is attached hereto, the same represents the entire agreement between LESSOR and LESSEE and the same is fully enforceable in accordance with its terms, (d) that no prepayment or reduction of rent and no modification, termination or acceptance of surrender of the Lease will be valid as to LESSOR or Lender without the consent of said entities, and (e) that notice of the proposed assignment of LESSOR’s interest in the Lease may be given it by Certified of Registered Mail, Return Receipt Requested, at the Premises, or as otherwise directed below.
9. LESSOR grants LESSEE a Rent Abatement for the first 90 days of their term. Rent to begin December 15th, 2023.
Signatures to Follow:
Lease Agreement
Block 1 Partners, LLC
15 of 17
LESSEE: Lil Brents, LLC
Lil' Brent's Cajun Bar and Grill
ADDRESS: 1612 NW157th Cir Edmond OK 73013
By: ________________________________
Brent Hickman
By: ________________________________
JOSEPH ARMSTRONG
By: ________________________________
MATTHEW RODRIGUEZ
LESSOR: Block 1 Partners, LLC
ADDRESS: 123 S. Broadway
Edmond, OK 73034
By: ________________________________
Chris Anderson, Managing Member
EXHIBIT “D”
LESSEE ACCEPTANCE LETTER
ADDRESS: 23 W. 1st Street, Suite 110, Edmond, OK 73034
LEASE BETWEEN: Block 1 Partners, LLC
AND: Lil Brents, LLC
DATE: 9/14/2023 | 9:42 AM PDT WITH A Commencement Date of September 15, 2023.
The undersigned, as LESSEE, hereby confirms as of this date, the following:
1. LESSEE has accepted possession of the premises pursuant to the terms of the aforesaid Lease.
2. The improvements and space required to be furnished according to the aforesaid Lease have been completed in all respects and have been found to be satisfactory.
3. The LESSOR has fulfilled all of its duties of an inducement nature in the Lease, if any.
4. The aforesaid Lease has not been modified, altered or amended except as noted herein.
5. There are no offsets or credits against rentals
6. We have no notice of a prior assignment, hypothecation or pledge of rents for the lease.
7. TENANT WILL HAVE RENT ABATEMENT FOR FIRST 90 DAYS. RENT TO START 12/15/2023.
LESSEE: Lil Brents, LLC
By: ____________________________
Brent Hickman
By: ____________________________
MATTHEW RODRIGUEZ
By: ____________________________
JOSEPH ARMSTRONG
LESSOR: Block 1 Partners, LLC
By: ____________________________
Chris Anderson, Managing Member
EXHIBIT 2
Tenant Ledger
Tenants: Lil Brens, LLC
Mobile: (405) 513-3608
Unit: 110
Property: Block 1 - Railyard - 23 W 1ST ST Edmond, OK 73034
Status: Current
Move in date: 09/15/2023
Move out date: ---
Lease Expiration: 12/31/2026
Rent: 3,360.42
Deposit Paid: 2,150.66
Chargeback Amount (Last 12 Months): 0.00
<table>
<tr>
<th>Date</th>
<th>Payer</th>
<th>Description</th>
<th>Charges</th>
<th>Payments</th>
<th>Balance</th>
</tr>
<tr>
<td>09/14/2023</td>
<td>Lil Brens, LLC</td>
<td>Owner Held Security Deposits - Move In Charge: Owner Held Security Deposits</td>
<td></td>
<td>2,150.66</td>
<td>0.00</td>
</tr>
<tr>
<td>09/15/2023</td>
<td>Lil Brens, LLC</td>
<td>CAM Rent Income - Move In Charge: CAM Rent income</td>
<td></td>
<td>1,166.83</td>
<td>3,317.49</td>
</tr>
<tr>
<td>09/18/2023</td>
<td>Lil Brens, LLC</td>
<td>ACH Payment (Reference #0F660-F660)</td>
<td></td>
<td>4,000.00</td>
<td>-682.51</td>
</tr>
<tr>
<td>09/18/2023</td>
<td>Lil Brens, LLC</td>
<td>ACH Payment (Reference #9F35-6FD0)</td>
<td></td>
<td>484.32</td>
<td>-1,166.83</td>
</tr>
<tr>
<td>09/26/2023</td>
<td>Lil Brens, LLC</td>
<td>Rent Income - September 2023 rent</td>
<td></td>
<td>2,150.66</td>
<td>983.83</td>
</tr>
<tr>
<td>10/01/2023</td>
<td>Lil Brens, LLC</td>
<td>CAM Rent Income - October 2023</td>
<td></td>
<td>1,166.83</td>
<td>2,150.66</td>
</tr>
<tr>
<td>10/18/2023</td>
<td>Lil Brens, LLC</td>
<td>ACH Payment (Reference #333D-1500)</td>
<td></td>
<td>3,317.49</td>
<td>-1,166.83</td>
</tr>
<tr>
<td>11/01/2023</td>
<td>Lil Brens, LLC</td>
<td>CAM Rent Income - November 2023</td>
<td></td>
<td>1,166.83</td>
<td>0.00</td>
</tr>
<tr>
<td>11/18/2023</td>
<td>Lil Brens, LLC</td>
<td>ACH Payment (Reference #9C29-4300)</td>
<td></td>
<td>1,166.83</td>
<td>-1,166.83</td>
</tr>
<tr>
<td>12/01/2023</td>
<td>Lil Brens, LLC</td>
<td>CAM Rent Income - December 2023</td>
<td></td>
<td>1,166.83</td>
<td>0.00</td>
</tr>
<tr>
<td>12/15/2023</td>
<td>Lil Brens, LLC</td>
<td>Rent Income - December 2023 (Prorated)</td>
<td></td>
<td>1,218.71</td>
<td>1,218.71</td>
</tr>
<tr>
<td>12/18/2023</td>
<td>Lil Brens, LLC</td>
<td>ACH Payment (Reference #1622-BF10)</td>
<td></td>
<td>4,000.00</td>
<td>-2,781.29</td>
</tr>
<tr>
<td>01/01/2024</td>
<td>Lil Brens, LLC</td>
<td>CAM Rent Income - January 2024</td>
<td></td>
<td>1,166.83</td>
<td>-1,614.46</td>
</tr>
<tr>
<td>01/07/2024</td>
<td>Lil Brens, LLC</td>
<td>ACH Payment (Reference #BC9-67A0)</td>
<td></td>
<td>536.20</td>
<td>-2,150.66</td>
</tr>
<tr>
<td>02/01/2024</td>
<td>Lil Brens, LLC</td>
<td>CAM Rent Income - February 2024</td>
<td></td>
<td>1,166.83</td>
<td>-983.83</td>
</tr>
<tr>
<td>02/01/2024</td>
<td>Lil Brens, LLC</td>
<td>Rent Income - February 2024</td>
<td></td>
<td>1,166.83</td>
<td>2,333.66</td>
</tr>
<tr>
<td>03/01/2024</td>
<td>Lil Brens, LLC</td>
<td>CAM Rent Income - March 2024</td>
<td></td>
<td>2,150.66</td>
<td>2,150.66</td>
</tr>
<tr>
<td>03/01/2024</td>
<td>Lil Brens, LLC</td>
<td>Rent Income - March 2024</td>
<td></td>
<td>4,484.32</td>
<td>4,484.32</td>
</tr>
<tr>
<td>03/24/2024</td>
<td>Lil Brens, LLC</td>
<td>Rent Income - Corrected rent charged</td>
<td></td>
<td>1,209.76</td>
<td>5,694.08</td>
</tr>
<tr>
<td>03/24/2024</td>
<td>Lil Brens, LLC</td>
<td>ACH Payment (Reference #8548-D590)</td>
<td></td>
<td>3,317.49</td>
<td>2,376.59</td>
</tr>
</table>
Created on 03/04/2026
Tenant Ledger
<table>
<tr>
<th>Date</th>
<th>Payer</th>
<th>Description</th>
<th>Charges</th>
<th>Payments</th>
<th>Balance</th>
</tr>
<tr>
<td>04/01/2024</td>
<td>Lil Brents, LLC</td>
<td>CAM Rent Income - April 2024</td>
<td>1,166.83</td>
<td></td>
<td>3,543.42</td>
</tr>
<tr>
<td>04/01/2024</td>
<td></td>
<td>Rent Income - April 2024</td>
<td>1,166.83</td>
<td></td>
<td>2,376.59</td>
</tr>
<tr>
<td>04/01/2024</td>
<td></td>
<td>ACH Payment (Reference #F8BD-2210)</td>
<td>2,150.66</td>
<td></td>
<td>5,523.25</td>
</tr>
<tr>
<td>04/01/2024</td>
<td></td>
<td>Rent Income - Corrected rent charged</td>
<td>4,484.32</td>
<td></td>
<td>9,007.57</td>
</tr>
<tr>
<td>05/01/2024</td>
<td></td>
<td>CAM Rent Income - May 2024</td>
<td>1,209.76</td>
<td></td>
<td>12,217.33</td>
</tr>
<tr>
<td>05/01/2024</td>
<td>Lil Brents, LLC</td>
<td>Rent Income - May 2024</td>
<td>1,166.83</td>
<td></td>
<td>13,384.16</td>
</tr>
<tr>
<td>05/01/2024</td>
<td></td>
<td>ACH Payment (Reference #A382-4930)</td>
<td>3,586.35</td>
<td></td>
<td>16,960.51</td>
</tr>
<tr>
<td>05/01/2024</td>
<td></td>
<td>Rent Income - Corrected rent charged</td>
<td>2,150.66</td>
<td></td>
<td>19,111.17</td>
</tr>
<tr>
<td>06/01/2024</td>
<td>Lil Brents, LLC</td>
<td>CAM Rent Income - June 2024</td>
<td>1,209.76</td>
<td></td>
<td>20,320.93</td>
</tr>
<tr>
<td>06/01/2024</td>
<td></td>
<td>Rent Income - June 2024</td>
<td>1,166.83</td>
<td></td>
<td>21,487.76</td>
</tr>
<tr>
<td>06/01/2024</td>
<td></td>
<td>ACH Payment - (Reference #3F2B-8020)</td>
<td>3,317.49</td>
<td></td>
<td>24,805.25</td>
</tr>
<tr>
<td>06/01/2024</td>
<td></td>
<td>Rent Income - Corrected rent charged</td>
<td>3,629.28</td>
<td></td>
<td>28,434.53</td>
</tr>
<tr>
<td>07/01/2024</td>
<td>Lil Brents, LLC</td>
<td>CAM Rent Income - July 2024</td>
<td>1,166.83</td>
<td></td>
<td>30,001.36</td>
</tr>
<tr>
<td>07/01/2024</td>
<td></td>
<td>Rent Income - July 2024</td>
<td>6,496.77</td>
<td></td>
<td>36,498.13</td>
</tr>
<tr>
<td>07/01/2024</td>
<td></td>
<td>ACH Payment (Reference #5B38-D230)</td>
<td>3,317.49</td>
<td></td>
<td>40,815.62</td>
</tr>
<tr>
<td>07/01/2024</td>
<td></td>
<td>Rent Income - Corrected rent charged</td>
<td>4,839.04</td>
<td></td>
<td>45,654.66</td>
</tr>
<tr>
<td>08/01/2024</td>
<td>Lil Brents, LLC</td>
<td>CAM Rent Income - August 2024</td>
<td>1,209.76</td>
<td></td>
<td>50,864.42</td>
</tr>
<tr>
<td>08/01/2024</td>
<td></td>
<td>Rent Income - August 2024</td>
<td>1,166.83</td>
<td></td>
<td>52,031.25</td>
</tr>
<tr>
<td>08/01/2024</td>
<td></td>
<td>ACH Payment (Reference #703E-E260)</td>
<td>2,150.66</td>
<td></td>
<td>54,181.91</td>
</tr>
<tr>
<td>09/01/2024</td>
<td>Lil Brents, LLC</td>
<td>Rent Income - Corrected rent charged</td>
<td>1,209.76</td>
<td></td>
<td>55,391.67</td>
</tr>
<tr>
<td>09/01/2024</td>
<td></td>
<td>CAM Rent Income - September 2024</td>
<td>1,166.83</td>
<td></td>
<td>56,558.50</td>
</tr>
<tr>
<td>09/01/2024</td>
<td></td>
<td>Rent Income - September 2024</td>
<td>2,150.66</td>
<td></td>
<td>58,709.16</td>
</tr>
<tr>
<td>09/01/2024</td>
<td></td>
<td>ACH Payment (Reference #E247-14E0)</td>
<td>3,317.49</td>
<td></td>
<td>62,026.65</td>
</tr>
<tr>
<td>10/01/2024</td>
<td>Lil Brents, LLC</td>
<td>Rent Income - Corrected rent charged</td>
<td>2,150.66</td>
<td></td>
<td>64,177.31</td>
</tr>
<tr>
<td>10/01/2024</td>
<td></td>
<td>CAM Rent Income - October 2024</td>
<td>1,209.76</td>
<td></td>
<td>65,387.07</td>
</tr>
<tr>
<td>10/01/2024</td>
<td></td>
<td>Rent Income - October 2024</td>
<td>1,166.83</td>
<td></td>
<td>66,553.90</td>
</tr>
<tr>
<td>10/01/2024</td>
<td></td>
<td>ACH Payment (Reference #9D6A-38F0)</td>
<td>2,150.66</td>
<td></td>
<td>68,704.56</td>
</tr>
<tr>
<td>11/01/2024</td>
<td>Lil Brents, LLC</td>
<td>Rent Income - Corrected rent charged</td>
<td>3,317.49</td>
<td></td>
<td>72,021.05</td>
</tr>
<tr>
<td>11/01/2024</td>
<td></td>
<td>CAM Rent Income - November 2024</td>
<td>8,468.32</td>
<td></td>
<td>80,489.37</td>
</tr>
<tr>
<td>11/01/2024</td>
<td></td>
<td>Rent Income - November 2024</td>
<td>9,678.08</td>
<td></td>
<td>88,167.45</td>
</tr>
<tr>
<td>11/01/2024</td>
<td></td>
<td>ACH Payment (Reference #BE9A-A350)</td>
<td>10,844.91</td>
<td></td>
<td>99,012.36</td>
</tr>
<tr>
<td>11/01/2024</td>
<td></td>
<td>Rent Income - Corrected rent charged</td>
<td>12,995.57</td>
<td></td>
<td>112,007.93</td>
</tr>
<tr>
<td>12/01/2024</td>
<td>Lil Brents, LLC</td>
<td>CAM Rent Income - December 2024</td>
<td>12,054.67</td>
<td></td>
<td>124,062.60</td>
</tr>
<tr>
<td>12/01/2024</td>
<td></td>
<td>Rent Income - December 2024</td>
<td>2,150.66</td>
<td></td>
<td>126,213.26</td>
</tr>
</table>
Tenant Ledger
Date Payer Description Charges Payments Balance
12/01/2024 Lil Brents, LLC ACH Payment (Reference #704D-F360) 3,317.49
Rent income - Corrected rent charged 1,209.76 10,887.84
12/01/2024 CAM Rent Income - January 2025 1,166.83 12,097.60
01/01/2025 Rent income - January 2025 13,264.43
01/01/2025 Rent income - Corrected rent charged 2,150.66 13,264.43
01/06/2025 Late Fee - January Late Fee 331.75 15,415.09
02/01/2025 CAM Rent Income - February 2025 1,166.83 16,956.60
02/01/2025 Rent Income - February 2025 18,123.43
02/01/2025 ACH Payment (Reference #0DBF-7EEO) 2,150.66 18,123.43
02/01/2025 Rent Income - Corrected rent charged 1,209.76 20,274.09
02/01/2025 CAM Rent Income - March 2025 1,166.83
03/01/2025 Rent Income - March 2025 2,150.66 21,483.34
03/01/2025 Rent Income - Corrected rent charged 1,209.76 22,693.10
04/01/2025 CAM Rent Income - April 2025 1,166.83 23,859.93
04/01/2025 Rent Income - April 2025 2,150.66 26,010.59
04/01/2025 Rent Income - Corrected rent charged 1,209.76 27,220.35
04/07/2025 Late Fee 1,028.00 28,248.35
05/01/2025 CAM Rent Income - May 2025 1,166.83 29,415.18
05/01/2025 Rent Income - May 2025 2,150.66 31,565.84
05/01/2025 Rent income - Corrected rent charged 1,209.76 32,775.60
05/06/2025 Payment (Reference #1687) 1,028.00 28,248.35
05/06/2025 Payment (Reference #1624) 1,166.83 29,415.18
06/01/2025 CAM Rent Income - June 2025 2,150.66 31,565.84
06/01/2025 Rent Income - June 2025 1,166.83 32,775.60
06/01/2025 Rent income - Corrected rent charged 1,209.76 29,415.18
06/03/2025 CAM Rent Income - 2024 CAM Rec Adjustment 3,317.49 33,132.76
07/01/2025 CAM Rent Income - July 2025 30,165.93
Rent income - July 2025 2,150.66 32,775.60
07/01/2025 Rent income - Corrected rent charged 1,209.76 29,415.18
07/05/2025 Late Fee - May-June-July 995.25 30,410.43
08/01/2025 CAM Rent Income - August 2025 1,166.83 31,577.26
08/01/2025 Rent Income - August 2025 2,150.66 33,727.92
08/01/2025 ACH Payment (Reference #B4C4-C9C0) 7,500.00
Rent Income - Corrected rent charged 1,209.76 32,775.60
Tenant Ledger
Date | Payer | Description | Charges | Payments | Balance
08/06/2025 | Lil Brents, LLC | ACH Payment (Reference #A4BA-0A10) | 3,000.00 | 29,715.68 |
09/01/2025 | Lil Brents, LLC | CAM Rent Income - September 2025 | 1,166.83 | 30,882.51 |
09/01/2025 | Lil Brents, LLC | Rent Income - September 2025 | 3,360.42 | 34,242.93 |
09/02/2025 | Lil Brents, LLC | ACH Payment (Reference #752C-D360) | 3,317.49 | 30,925.44 |
09/02/2025 | Lil Brents, LLC | ACH Payment (Reference #873F-E540) | 1,000.00 | 29,925.44 |
10/01/2025 | Lil Brents, LLC | CAM Rent Income - October 2025 | 1,166.83 | 33,092.27 |
10/01/2025 | Lil Brents, LLC | Rent Income - October 2025 | 3,360.42 | 34,452.69 |
10/06/2025 | Lil Brents, LLC | Late Fee | 336.04 | 34,788.73 |
10/07/2025 | Lil Brents, LLC | ACH Payment (Reference #7c6G-F270) | 3,317.49 | 31,471.24 |
11/01/2025 | Lil Brents, LLC | CAM Rent Income - November 2025 | 1,166.83 | 32,638.07 |
11/01/2025 | Lil Brents, LLC | Rent Income - November 2025 | 3,360.42 | 35,998.49 |
11/06/2025 | Lil Brents, LLC | Late Fee - November late fee | 336.04 | 36,334.53 |
12/01/2025 | Lil Brents, LLC | CAM Rent Income - December 2025 | 1,166.83 | 37,501.36 |
12/01/2025 | Lil Brents, LLC | Rent Income - December 2025 | 3,360.42 | 40,861.78 |
01/01/2026 | Lil Brents, LLC | CAM Rent Income - January 2026 | 1,166.83 | 42,028.61 |
01/01/2026 | Lil Brents, LLC | Rent Income - January 2026 | 3,360.42 | 45,389.03 |
02/01/2026 | Lil Brents, LLC | CAM Rent Income - February 2026 | 1,166.83 | 46,555.86 |
02/01/2026 | Lil Brents, LLC | Rent Income - February 2026 | 3,360.42 | 49,916.28 |
03/01/2026 | Lil Brents, LLC | CAM Rent Income - March 2026 | 1,166.83 | 51,083.11 |
03/01/2026 | Lil Brents, LLC | Rent Income - March 2026 | 3,360.42 | 54,443.53 |
Total | | | | 54,443.53 |