PROPERTY CO-TENANCY
OWNERSHIP AGREEMENT
Champps Americana Restaurant
Schaumburg, Illinois
THIS CO-TENANCY AGREEMENT,
Made and entered into as of the 14th day of March, 2002, by and
between ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇, a married man (hereinafter called
"▇. ▇▇▇▇▇▇▇▇▇▇"), and AEI Net Lease Income & Growth Fund XX
Limited Partnership (hereinafter called "Fund XX") (▇.
▇▇▇▇▇▇▇▇▇▇, Fund XX (and any other Owner in Fee where the context
so indicates) being hereinafter sometimes collectively called "Co-
Tenants" and referred to in the neuter gender).
WITNESSETH:
WHEREAS, Fund XX presently owns an undivided 27.4740% interest in
and to, and ▇. ▇▇▇▇▇▇▇▇▇▇ presently owns an undivided 2.1199%
interest in and to, and The ▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇ Family Trust
dated March 29, 1999, ▇▇▇▇▇ ▇. ▇▇▇▇ and ▇▇▇▇▇ ▇. ▇▇▇▇, trustees
presently owns an undivided 4.5427% interest in and to, and
▇▇▇▇▇▇▇ ▇. ▇▇▇▇ presently owns an undivided 3.7856% interest in
and to, and The ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Trust dated August 21, 2000,
▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, trustee presently owns an undivided 3.9077%
interest in and to, and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Properties, L.C.,
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, managing member presently owns an undivided
3.3313% interest in and to, and ▇▇▇▇▇▇▇ ▇. ▇▇▇-▇▇▇▇▇▇, Trustee of
the First Amended and Restated Trust Agreement of ▇▇▇▇▇▇▇ ▇. ▇▇▇-
▇▇▇▇▇▇ dated July 8, 1992 presently owns an undivided 12.3951%
interest in and to, and The ▇▇▇▇▇/Do Family Living Trust dated
8/19/97, ▇▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇ Do, Trustors and/or Trustees
presently owns an undivided 3.1261% interest in and to, and
Munkberg Farms, Inc. presently owns an undivided 3.9077% interest
in and to, and The White Family Living Trust dated August 5, 1996
▇▇▇▇▇ ▇▇▇▇ White and ▇▇▇▇ ▇▇▇ ▇▇▇▇▇, Trustors and/or Trustees
presently owns an undivided 3.3919% interest in and to, and
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, Trustees, or their
successors in trust, under the ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇.
▇▇▇▇▇▇▇▇ Community Trust dated June 2, 1994, and any amendments
thereto presently owns an undivided 2.5009% interest in and to,
and ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, trustee under the trust created by
the and ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, trustee under the trust created
by the will dated June 5, 1964 of Louis ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇,
deceased, presently owns an undivided 3.3434% interest in and to,
and ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ presently owns an undivided 3.3762% interest
in and to, and ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇,
Trustees, or their successors in trust, under the ▇▇▇▇▇▇▇ ▇. and
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Community Trust dated June 2, 1994 presently
own an undivided 3.1261% interest in and to, and ▇▇▇▇ ▇▇▇▇▇▇▇,
Trustee of the ▇▇▇▇ ▇▇▇▇▇▇▇ Revocable Trust dated 5/26/92
presently owns an undivided 2.9495% interest in and to, and
Garden Ridge Development LLC presently owns an undivided 5.1125%
interest in and to, and ▇▇▇▇▇▇ ▇▇▇▇▇, Trustee of the ▇▇▇▇▇▇ ▇▇▇▇▇
Living Trust dated December 21, 1990 presently owns an undivided
4.5305% interest in and to, and ▇▇▇▇▇ ▇▇▇▇▇ presently owns an
undivided 3.9327% interest in and to, and Maricopa Land & Cattle
Co-Tenant Initial: /s/ BEM
Co-Tenancy Agreement for Champps Americana Restaurant, Schaumburg, IL
Company, Inc. presently owns an undivided 3.1462% interest in and
to the land, situated in the City of Schaumburg, County of ▇▇▇▇,
and State of Illinois, (legally described upon Exhibit A attached
hereto and hereby made a part hereof) and in and to the
improvements located thereon (hereinafter called "Premises");
WHEREAS, The parties hereto wish to provide for the orderly
operation and management of the Premises and ▇. ▇▇▇▇▇▇▇▇▇▇`s
interest by Fund XX; the continued leasing of space within the
Premises; for the distribution of income from and the pro-rata
sharing in expenses of the Premises.
NOW THEREFORE, in consideration of the purchase by ▇. ▇▇▇▇▇▇▇▇▇▇
of an undivided interest in and to the Premises, for at least One
Dollar ($1.00) and other good and valuable consideration by the
parties hereto to one another in hand paid, the receipt and
sufficiency of which are hereby acknowledged, and of the mutual
covenants and agreements herein contained, it is hereby agreed by
and between the parties hereto, as follows:
1. The operation and management of the Premises shall be
delegated to Fund XX, or its designated agent, successors or
assigns. Provided, however, if Fund XX shall sell all of its
interest in the Premises, the duties and obligations of Fund XX
respecting management of the Premises as set forth herein,
including but not limited to paragraphs 2, 3, and 4 hereof, shall
be exercised by the holder or holders of a majority undivided co-
tenancy interest in the Premises. Except as hereinafter expressly
provided to the contrary, each of the parties hereto agrees to be
bound by the decisions of Fund XX with respect to all
administrative, operational and management matters of the
property comprising the Premises, including but not limited to
the management of the net lease agreement for the Premises. ▇.
▇▇▇▇▇▇▇▇▇▇ hereto hereby designates Fund XX as its sole and
exclusive agent to deal with, and Fund XX retains the sole right
to deal with any property agent or tenant and to negotiate and
enter into, on terms and provisions satisfactory to Fund XX, and
to monitor, execute and enforce the terms of leases of space
within the Premises, including but not limited to any amendments,
consents to assignment, sublet, releases or modifications to
leases or guarantees of lease or easements affecting the
Premises, on behalf of ▇. ▇▇▇▇▇▇▇▇▇▇. As long as Fund XX owns an
interest in the Premises, only Fund XX may obligate ▇. ▇▇▇▇▇▇▇▇▇▇
with respect to any expense for the Premises.
As further set forth in paragraph 2 hereof, Fund XX agrees to
require any lessee of the Premises to name ▇. ▇▇▇▇▇▇▇▇▇▇ as an
insured or additional insured in all insurance policies provided
for, or contemplated by, any lease on the Premises. Fund XX shall
use its best efforts to obtain endorsements adding Co-Tenants to
said policies from lessee within 30 days of commencement of this
agreement. In any event, Fund XX shall distribute any insurance
proceeds it may receive, to the extent consistent with any lease
on the Premises, to the Co-Tenants in proportion to their
respective ownership of the Premises.
2. Income and expenses shall be allocated among the Co-Tenants
in proportion to their respective share(s) of ownership. Shares
of net income shall be pro-rated for any partial calendar years
included within the term of this Agreement. Fund XX may offset
Co-Tenant Initial: /s/ BEM
Co-Tenancy Agreement for Champps Americana Restaurant, Schaumburg, IL
against, pay to itself and deduct from any payment due to ▇.
▇▇▇▇▇▇▇▇▇▇ under this Agreement, and may pay to itself the amount
of B. Meierjohan's share of any reasonable expenses of the
Premises which are not paid by ▇. ▇▇▇▇▇▇▇▇▇▇ to Fund XX or its
assigns, within ten (10) days after demand by Fund XX. In the
event there is insufficient operating income from which to deduct
B. Meierjohan's unpaid share of operating expenses, Fund XX may
pursue any and all legal remedies for collection.
Operating Expenses shall include all normal operating expense,
including but not limited to: maintenance, utilities, supplies,
labor, management, advertising and promotional expenses, salaries
and wages of rental and management personnel, leasing commissions
to third parties, a monthly accrual to pay insurance premiums,
real estate taxes, installments of special assessments and for
structural repairs and replacements, management fees, legal fees
and accounting fees, but excluding all operating expenses paid by
tenant under terms of any lease agreement of the Premises.
▇. ▇▇▇▇▇▇▇▇▇▇ has no requirement to, but has, nonetheless elected
to retain, and agrees to annually reimburse, Fund XX in the
amount of $678 for the expenses, direct and indirect, incurred by
Fund XX in providing ▇. ▇▇▇▇▇▇▇▇▇▇ with quarterly accounting and
distributions of ▇. ▇▇▇▇▇▇▇▇▇▇`s share of net income and for
tracking, reporting and assessing the calculation of ▇.
▇▇▇▇▇▇▇▇▇▇`s share of operating expenses incurred from the
Premises. This invoice amount shall be pro-rated for partial
years and ▇. ▇▇▇▇▇▇▇▇▇▇ authorizes Fund XX to deduct such amount
from ▇. ▇▇▇▇▇▇▇▇▇▇`s share of revenue from the Premises. ▇.
▇▇▇▇▇▇▇▇▇▇ may terminate this agreement in this paragraph
respecting accounting and distributions at any time and attempt
to collect its share of rental income directly from the tenant;
however, enforcement of all other provisions of the lease remains
the sole right of Fund XX pursuant to Section 1 hereof. Fund XX
may terminate its obligation under this paragraph upon 30 days
notice to ▇. ▇▇▇▇▇▇▇▇▇▇ prior to the end of each anniversary
hereof, unless agreed in writing to the contrary.
3. Full, accurate and complete books of account shall be kept
in accordance with generally accepted accounting principles at
Fund XX's principal office, and each Co-Tenant shall have access
to such books and may inspect and copy any part thereof during
normal business hours. Within ninety (90) days after the end of
each calendar year during the term hereof, Fund XX shall prepare
an accurate income statement for the ownership of the Premises
for said calendar year and shall furnish copies of the same to
all Co-Tenants. Quarterly, as its share, ▇. ▇▇▇▇▇▇▇▇▇▇ shall be
entitled to receive 2.1199% of all items of income and expense
generated by the Premises. Upon receipt of said accounting, if
the payments received by each Co-Tenant pursuant to this
Paragraph 3 do not equal, in the aggregate, the amounts which
each are entitled to receive proportional to its share of
ownership with respect to said calendar year pursuant to
Paragraph 2 hereof, an appropriate adjustment shall be made so
that each Co-Tenant receives the amount to which it is entitled.
4. If Net Income from the Premises is less than $0.00 (i.e.,
the Premises operates at a loss), or if capital improvements,
repairs, and/or replacements, for which adequate reserves do not
exist, need to be made to the Premises, the Co-Tenants, upon
receipt of a written request therefor from Fund XX, shall, within
fifteen (15) business days after receipt of notice, make payment
Co-Tenant Initial: /s/ BEM
Co-Tenancy Agreement for Champps Americana Restaurant, Schaumburg, IL
to Fund XX sufficient to pay said net operating losses and to
provide necessary operating capital for the premises and to pay
for said capital improvements, repairs and/or replacements, all
in proportion to their undivided interests in and to the
Premises.
5. Co-Tenants may, at any time, sell, finance, or otherwise
create a lien upon their interest in the Premises but only upon
their interest and not upon any part of the interest held, or
owned, by any other Co-Tenant. All Co-Tenants reserve the right
to escrow proceeds from a sale of their interests in the Premises
to obtain tax deferral by the purchase of replacement property.
6. If any Co-Tenant shall be in default with respect to any of
its obligations hereunder, and if said default is not corrected
within thirty (30) days after receipt by said defaulting Co-
Tenant of written notice of said default, or within a reasonable
period if said default does not consist solely of a failure to
pay money, the remaining Co-Tenant(s) may resort to any available
remedy to cure said default at law, in equity, or by statute.
7. This Co-Tenancy agreement shall continue in full force and
effect and shall bind and inure to the benefit of the Co-Tenant
and their respective heirs, executors, administrators, personal
representatives, successors and permitted assigns until December
31, 2027 or upon the sale of the entire Premises in accordance
with the terms hereof and proper disbursement of the proceeds
thereof, whichever shall first occur. Unless specifically
identified as a personal contract right or obligation herein,
this agreement shall run with any interest in the Property and
with the title thereto. Once any person, party or entity has
ceased to have an interest in fee in any portion of the Entire
Property, it shall not be bound by, subject to or benefit from
the terms hereof; but its heirs, executors, administrators,
personal representatives, successors or assigns, as the case may
be, shall be substituted for it hereunder.
8. Any notice or election required or permitted to be given or
served by any party hereto to, or upon any other, shall be given
to all known Co-Tenants and deemed given or served in accordance
with the provisions of this Agreement, if said notice or
elections addressed as follows;
If to Fund XX:
AEI Net Lease Income & Growth Fund XX Limited Partnership
▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇
▇▇. ▇▇▇▇, ▇▇ ▇▇▇▇▇
If to ▇. ▇▇▇▇▇▇▇▇▇▇:
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇, a married man
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Co-Tenant Initial: /s/ BEM
Co-Tenancy Agreement for Champps Americana Restaurant, Schaumburg, IL
If to ▇▇▇▇:
The ▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇ Family Trust dated March 29, 1999,
▇▇▇▇▇ ▇. ▇▇▇▇ and ▇▇▇▇▇ ▇. ▇▇▇▇, trustees
▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
If to Kung:
▇▇▇▇▇▇▇ ▇. ▇▇▇▇
▇/▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇
▇▇▇ ▇▇▇▇▇
▇▇. ▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ ▇
▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ R.O.C.
If to Struif
The ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Trust dated August 21, 2000
▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, trustee
▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
If to Mayne:
▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Properties, L.C.
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, managing member
▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
If to ▇▇▇-▇▇▇▇▇▇:
▇▇▇▇▇▇▇ ▇. ▇▇▇-▇▇▇▇▇▇, Trustee of the
First Amended and Restated Trust Agreement of
▇▇▇▇▇▇▇ ▇. ▇▇▇-▇▇▇▇▇▇ dated July 8, 1992
▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
If to ▇▇▇▇▇-Do:
The ▇▇▇▇▇/Do Family Living Trust dated 8/19/97,
▇▇▇▇▇▇ ▇▇▇▇▇, and ▇▇▇▇▇ Do, Trustors and/or Trustees
▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇
Co-Tenant Initial: /s/ BEM
Co-Tenancy Agreement for Champps Americana Restaurant, Schaumburg, IL
If to Munkberg:
Munkberg Farms, Inc., a Minnesota corporation
▇▇▇▇ ▇▇▇▇▇▇▇▇, President
▇▇▇▇ ▇▇▇▇▇ ▇▇▇. ▇▇
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
If to: White
The White Family Living Trust dated August 5, 1996
▇▇▇▇▇ ▇▇▇▇ White and ▇▇▇▇ ▇▇▇ ▇▇▇▇▇, Trustors and/or Trustees
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
If to ▇▇▇▇▇▇▇▇:
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, Trustees, or their
Successors in trust, under the ▇▇▇▇▇▇▇ ▇. and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Community Trust, dated June 2, 1994
▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇
▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
If to ▇▇▇▇▇▇▇▇▇▇▇:
▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇,
trustee under the trust created
by the will dated June 5, 1964
of Louis ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, deceased
▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇
If to Rush:
▇▇▇▇▇▇▇ ▇. ▇▇▇▇
▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Co-Tenant Initial: /s/ BEM
Co-Tenancy Agreement for Champps Americana Restaurant, Schaumburg, IL
If to ▇▇▇▇▇▇▇▇:
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ and
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, Trustees,
or their successors in trust,
under the ▇▇▇▇▇▇▇ ▇. and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Community Trust dated June 2, 1994
▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇
▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
If to ▇▇▇▇▇▇▇:
▇▇▇▇ ▇▇▇▇▇▇▇, Trustee of the
▇▇▇▇ ▇▇▇▇▇▇▇ Revocable Trust dated 5/26/92
▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇
If to Garden Ridge:
Garden Ridge Development LLC
▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, Chief Financial Manager
▇▇▇▇ ▇ ▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
If to ▇▇▇▇▇:
▇▇▇▇▇▇ ▇▇▇▇▇, Trustee of the
▇▇▇▇▇▇ ▇▇▇▇▇ Living Trust dated December 21, 1990
▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇
▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
If to ▇▇▇▇▇:
▇▇▇▇▇ ▇▇▇▇▇
▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇ ▇▇▇ ▇▇▇, ▇▇ ▇▇▇▇▇
If to Maricopa:
Maricopa Land & Cattle Company, Inc.
▇▇. ▇.▇. ▇▇▇▇▇▇, President
▇▇▇▇ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Co-Tenant Initial: /s/ BEM
Co-Tenancy Agreement for Champps Americana Restaurant, Schaumburg, IL
Each mailed notice or election shall be deemed to have been given
to, or served upon, the party to which addressed on the date the
same is deposited in the United States certified mail, return
receipt requested, postage prepaid, or given to a nationally
recognized courier service guaranteeing overnight delivery as
properly addressed in the manner above provided. Any party hereto
may change its address for the service of notice hereunder by
delivering written notice of said change to the other parties
hereunder, in the manner above specified, at least ten (10) days
prior to the effective date of said change.
9. This Agreement shall not create any partnership or joint
venture among or between the Co-Tenants or any of them, and the
only relationship among and between the Co-Tenants hereunder
shall be that of owners of the premises as tenants in common
subject to the terms hereof.
10. The unenforceability or invalidity of any provision or
provisions of this Agreement as to any person or circumstances
shall not render that provision, nor any other provision hereof,
unenforceable or invalid as to any other person or circumstances,
and all provisions hereof, in all other respects, shall remain
valid and enforceable.
11. In the event any litigation arises between the parties
hereto relating to this Agreement, or any of the provisions
hereof, the party prevailing in such action shall be entitled to
receive from the losing party, in addition to all other relief,
remedies and damages to which it is otherwise entitled, all
reasonable costs and expenses, including reasonable attorneys'
fees, incurred by the prevailing party in connection with said
litigation.
(REMAINDER OF PAGE INTENTIONALLY LEFT BLANK)
Co-Tenant Initial: /s/ BEM
Co-Tenancy Agreement for Champps Americana Restaurant, Schaumburg, IL
IN WITNESS WHEREOF, The parties hereto have caused this Agreement
to be executed and delivered, as of the day and year first above
written.
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇, a married man
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
WITNESS:
/s/ ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇
(Print Name)
STATE OF OHIO)
) ss
COUNTY OF ▇▇▇▇▇▇▇▇)
I, a Notary Public in and for the state and county of aforesaid,
hereby certify there appeared before me this 25 day of February,
▇▇▇▇, ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇, a married man, who executed the
foregoing instrument in said capacity.
/s/ ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇
Notary Public
[notary seal]
Co-Tenant Initial: /s/ BEM
Co-Tenancy Agreement for Champps Americana Restaurant, Schaumburg, IL
Fund XX: AEI Net Lease Income & Growth Fund XX Limited Partnership
By: AEI Fund Management XX, Inc., its corporate
general partner
By:/s/ ▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, President
WITNESS:
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇ ▇▇▇▇▇▇▇
(Print Name)
State of Minnesota)
) ss.
County of ▇▇▇▇▇▇)
I, a Notary Public in and for the state and county of aforesaid,
hereby certify there appeared before me this 14th day of March,
2002, ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, President of AEI Fund Management XX,
Inc., corporate general partner of AEI Net Lease Income & Growth
Fund XX Limited Partnership who executed the foregoing instrument
in said capacity and on behalf of the corporation in its capacity
as corporate general partner, on behalf of said limited
partnership.
/s/ ▇▇▇▇▇ ▇ ▇▇▇▇▇▇
Notary Public
[notary seal]
Co-Tenant Initial: /s/ BEM
Co-Tenancy Agreement for Champps Americana Restaurant, Schaumburg, IL
EXHIBIT "A"
Legal Description
Parcel 1
Lot 2 in American-Commons Subdivision, a Resubdivision of
Lots 1 and 2 in ▇▇▇▇▇▇▇▇'▇ ▇▇▇▇▇▇▇▇▇ Common West, a subdivision
of part of the Northeast quarter of Section 14, Township 41
North, Range 10 East of the Third Principal meridian, in ▇▇▇▇
County, Illinois.
Parcel 2
Non-exclusive easement for ingress, egress, and parking as
established by reciprocal easement agreement made by Chi-Chi,
Inc., a Minnesota corporation, and ▇▇▇ ▇▇▇▇ Farm, Inc., and Ohio
corporation, dated May 10, 1983, and recorded may 13, 1983, as
Document 26604303.