NOTICE OF DISAPPROVAL
The undersigned, the Purchaser under that certain Agreement dated January
28th, 1997, as amended on January 30, 1997, providing for the sale by
Courtyards of Kendall Limited Partnership, an Illinois limited partnership of
property located in Miami, Florida and known as Courtyards at Xxxxxxx does
hereby, pursuant to the provisions of the Agreement, terminate the Agreement
prior to the "Disapproval Date" as defined in this Escrow Agreement and does
hereby request that Charter Title Company, as Escrow Agent, return the Xxxxxxx
Money under this Escrow Agreement to the undersigned.
Dated: February 27, 1997
WATERTON ASSOCIATES, LLC,
a limited liability company
By: /s/ Xxxxx X. Xxxxxxxx
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DISTRIBUTION LIST
Seller:
c/o The Balcor Company
0000 Xxxxxxxx Xxxx
Xxxxx X000
Xxxxxxxxxxx, Xxxxxxxx 00000
Attention: Xxxxx Xxxxxxxxx
Telephone: (000) 000-0000
Fax: (000) 000-0000
Copy to:
Xxxxxxxx & Xxxxxxx
000 X. Xxxxxxxx Xxxxxx
Xxxxx 0000
Xxxxxxx, Xxxxxxxx 00000
Attention: Xxxxxx X. Xxxxxx
Telephone: (000) 000-0000
Fax: (000) 000-0000
Escrow Agent
Charter Title Company
0000 Xxxxxxxxxx Xxxx.
Suite 200
Sugar Land, Texas 77479
Attention: Xxxxxxx Xxxxxx
Telephone: (000) 000-0000
Fax: (000) 000-0000
