FIRST AMENDMENT TO REAL ESTATE SALE AGREEMENT
[Prentice Plaza, Englewood, Colorado]
THIS FIRST AMENDMENT TO REAL ESTATE SALE AGREEMENT (this "Amendment") is
made as of the ___ day of March, 1999, by and between First Capital Prentice
Avenue Associates, an Illinois joint venture (the "Seller") and Invesco Realty
Advisors, Inc., a Delaware corporation ("Purchaser").
WHEREAS, Seller and Purchaser are parties to a Real Estate Sale Agreement
dated as of March 19, 1999 (as amended from time to time, the "Purchase
Agreement"). All capitalized terms which are used but not defined in this
Amendment shall have the same respective meanings ascribed to such terms in the
Purchase Agreement. Seller and Purchaser desire to amend the Purchase Agreement
as more particularly set forth below.
NOW, THEREFORE, in consideration of the Purchase Agreement, the mutual
covenants and agreements therein and hereinafter set forth, and for other good
and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged by the parties hereto, Seller and Purchaser agree as follows:
1. Inspection Period. The Inspection Period is hereby extended to April 9,
1999.
2. Closing Date: The Closing Date shall occur on May 10, 1999.
3. Counterparts. This Amendment may be executed in any number of
counterparts and by the different parties hereto on separate counterparts, each
of which shall be deemed to be an original, and all of such counterparts shall
constitute one agreement. To facilitate execution of this Amendment, the parties
may execute and exchange by telephone facsimile counterparts of the signature
pages.
4. Effect of Amendment. Except as expressly amended hereby, the Purchase
Agreement shall remain in full force and effect and otherwise unmodified.
[THIS PAGE IS INTENTIONALLY LEFT BLANK]
IN WITNESS WHEREOF, Seller and Purchaser have executed and delivered this
Amendment as of the date first above written.
SELLER:
FIRST CAPITAL PRENTICE PLAZA ASSOCIATES, an
Illinois joint venture
By: First Capital Income Properties, Ltd. - Series
XI, an Illinois limited partnership, joint
venturer
By: First Capital Financial Corporation, as
General Partner
By:______________________________________
Name:____________________________________
Title:___________________________________
By: First Capital Income and Growth Fund - Series
XII, an Illinois limited partnership, joint
venturer
By: First Capital Financial Corporation, as
General Partner
By:______________________________________
Name:____________________________________
Title:___________________________________
PURCHASER:
INVESCO REALTY ADVISORS, INC., a Delaware
corporation
By:______________________________________________
Name:____________________________________________
Title:___________________________________________
