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NOW `�Mr <br />SECOND SUPPLEMENTAL LEASE AND AGREEMENT <br />This SECOND SUPPLEMENTAL LEASE AND AGREEMENT made as of <br />the first day of February, 1971, by and between the CITY OF BATESVILLE/ <br />ARKANSAS (the "Lessor") and WESTPORT CASUALS, INC., a corporation <br />organized under and existing by virtue of the laws of the State of Arkansas <br />(the "Lessee"): <br />WITNESSETH: <br />WHEREAS Lessor and Lessee entered into a Lease and Agreement <br />dated December 1, 1968 and appearing of record in the office of the Circuit <br />Clerk and Ex Officio Recorder of Independence County, Arkansas in Record <br />Book 18 at page 137, as amended and supplemented by a First Supplemental <br />Lease and Agreement dated June 1, 1969, and appearing of record in the office <br />of the Circuit Clerk and Ex Officio Recorder of Independence County, Arkansas <br />in Record Book 18 at page 342 (herein collectively referred to as the "Lease <br />Agreement"); and <br />WHEREAS it was recognized in Section 203 (a) (1) of the Lease <br />Agreement that of the $500, 000 in principal amount of Industrial Development <br />Revenue Bonds (identified in the Lease Agreement) authorized for the purpose <br />of financing Project costs only $375,000 in principal amount were being initially <br />issued ("Series A Bonds") and that when additional bonds of the total authorized <br />principal amount were sold and delivered, a Supplemental Lease and Agreement <br />would be executed and delivered by and between the Lessor and Lessee in- <br />creasing the basic rent in the amount necessary to provide for debt service <br />requirements on the bonds additionally issued and containing such other <br />provisions as may be desirable; and <br />