TENANT'S NOTICE TO EXERCISE PURCHASE OPTION Date: _______________________ To: ____________________________ Dear _______________________: Notice is hereby provided that the undersigned as Lessee under a certain Lease dated ________________________, 20_____, does hereby exercise its purchase option under said lease to purchase the property described as ________________________________________________________ for the option price of $__________________________. As contained within the lease agreement I enclose $_____________ as a deposit toward said purchase option. _______________________________ Lessee