FIRST AMENDMENT TO AGREEMENT
OF SALE AND ESCROW AGREEMENT
This First Amendment to Agreement of Sale and Escrow Agreement ("First
Amendment") is entered into as of November 26, 1996 by and between WESTWOOD
INVESTORS, an Illinois limited partnership, as Seller, and DKS ASSOCIATES, as
Purchaser.
R E C I T A L S:
A. Purchaser and Seller have entered into an Agreement of Sale
("Agreement") and an Escrow Agreement ("Escrow Agreement"), both dated as of
November 5, 1996.
B. The parties hereto now wish to amend the Agreement and the Escrow
Agreement.
NOW, THEREFORE, the parties agree that the Agreement and Escrow Agreement
are modified as follows:
1. The November 29, 1996 date referred to in Paragraph 16 of the
Agreement and Paragraph 1 of the Escrow Agreement is hereby changed to December
4, 1996.
2. All capitalized terms used herein shall have the same meaning as in
the Agreement and Escrow Agreement.
3. Except as modified herein, all other terms and conditions of the
Agreement and Escrow Agreement shall remain in full force and effect.
4. This First Amendment may be executed in multiple facsimile
counterparts, each of which shall be deemed an original, but all of which shall
constitute one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have put their hand and seal as of
the date set forth above.
PURCHASER:
DKS ASSOCIATES
By: /s/ Xxx X. Xxxx
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SELLER:
WESTWOOD INVESTORS, an Illinois limited
partnership
By: BALCOR PARTNERS-XV, an Illinois
general partnership,
a general partner
By: RGF-BALCOR ASSOCIATES-II, an
Illinois general partnership,
a partner
By: THE BALCOR COMPANY, a Delaware
corporation,
a partner
By: /s/ Xxxxx X. Xxxxxxxxx
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Xxxxx X. Xxxxxxxxx
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ACKNOWLEDGED BY ESCROW AGENT:
FIRST AMERICAN TITLE COMPANY OF
NEVADA
By:
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