First Amendment to
Agreement of Sale
(Walnut Hills I)
This Amendment is made and entered into this third day of June, 1997 by
and between Xxxxxxx X. Xxxxxxxx ("Purchaser") and Walnut Hills I Partners
Limited Partnership, an Illinois limited partnership ("Seller").
On March 31, 1997, Purchaser and Seller entered into an Agreement of Sale
("Agreement") for the purchase and sale of real property commonly known as
Walnut Hills I Apartments, San Antonio, Texas and legally described in Exhibit
A hereto ("Property").
For good and valuable consideration, receipt of which is hereby
acknowledged, Purchaser and Seller agree that the Purchase Price in Paragraph 1
of the Agreement is reduced from $4,800,000 to $4,528,312.
IN WITNESS WHEREOF, the parties hereto have put their hand and seal as of
the date first set forth above.
PURCHASER:
/s/ Xxxxxxx X. Xxxxxxxx
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Xxxxxxx X. Xxxxxxxx
SELLER:
WALNUT HILLS I PARTNERS LIMITED
PARTNERSHIP, an Illinois limited partnership
By: Walnut Hills I Partners, Inc., an Illinois
corporation, its general partner
By: /s/ Xxxxxxx X. Xxxxxx
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Name: Xxxxxxx X. Xxxxxx
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Its: Managing Director
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