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Exhibit 10.2
AMENDMENT TO PURCHASE AND SALE AGREEMENT
This Amendment to Purchase and Sale Agreement ("Amendment") amends that certain
Purchase and Sale Agreement (the "Agreement") by and between 270 Center
Associates, Limited Partnership ("Seller"), and ARV Assisted Living, Inc., a
California corporation ("Buyer), dated as of February 12, 1998. All capitalized
terms not defined herein shall have the same definition as in the Agreement.
1. Section 2.3 of the Agreement is hereby amended to state as follows: "The
Closing shall occur (and Escrow shall close) on or before April 16, 1998
(the "Closing Date")."
2. This Amendment may be executed in counterparts, each of which shall be
deemed an original, but all of which, taken together, shall constitute one
and the same instrument.
3. Except as amended herein, the Agreement shall remain in full force and
effect.
IN WITNESS WHEREOF, the parties have executed this Amendment as of this 2nd day
of March, 1998.
"SELLER" 270 CENTER ASSOCIATES, LIMITED PARTNERSHIP,
a California limited partnership
By: Fremont Properties, Inc., its general partner
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx, President
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"BUYER": ARV Assisted Living, Inc.
a California corporation
By: /s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx, Vice President
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