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urutr�r� srnr�s.. <br />Facility Namell-ocation <br />Miami - Sunny Isles Beach Finance (115902-001) <br />18070 COLLINS AVE, SUNNY ISLES BEACH FL 33160-2723 <br />Renewal Option Rider (Market Value) <br />County: Dade <br />Lease: Q90000541565 <br />5. If the parties have not completed the appraisal/market value rent determination process and the date for the <br />Postal Service to exercise the renewal option is approaching, the Postal Service shall timely exercise the renewal <br />option at the Postal Service appraiser's market value rent figure (pursuant to paragraph 1 above) and shall not be <br />considered a holdover tenant; provided that if the parties fail to complete the appraisal/market value rent <br />determination process prior to the date for the Postal Service to exercise the renewal option due to the failure of the <br />Postal Service to begin the rent determination process within the time frame set forth in paragraph 1 above, then if <br />the Postal Service elects to exercise the renewal option, the rent for that renewal period shall be the Landlord's <br />appraiser's market value rent figure (unless Landlord did not timely procure its appraiser's market value <br />determination, in which event the Postal Service appraiser's market value rent figure shall apply). Once the renewal <br />term's appropriate market value rent has been determined as noted above, the Postal Service will either pay to <br />Landlord any incremental rental increase for this interim period or deduct any incremental rental decrease for this <br />interim period from rent or other payments due to Landlord under the Lease. <br />August 2017 Page 2 of 2 <br />