SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT
SECOND AMENDMENT made and entered into this 14th day of February
1997, by and between XXXX XXXXXXX MUTUAL LIFE INSURANCE COMPANY
("Seller") and ARDEN REALTY LIMITED PARTNERSHIP ("Buyer");
WITNESSETH THAT:
WHEREAS, Seller and Buyer executed a Purchase and Sale Agreement
dated January 10, 1997, as amended by the First Amendment to Purchase
and Sale Agreement dated January 31, 1997 (the "Agreement"),
pursuant to which Buyer has agreed to purchase the premises known as
00000 Xxxxx Xxxxxx Xxxxxxxxx, Xxx Xxxxxxx, Xxxxxxxxxx (the
"Premises"), as more fully described in the Agreement; and
WHEREAS, Buyer and Seller wish to amend the terms of the
Agreement;
NOW, THEREFORE, in consideration of mutual covenants hereinafter
set forth, the Agreement is amended as follows:
1. Inspections and Approvals. Section 4 of the Agreement is
hereby amended to extend the Review Period until 5 p.m.
P.S.T. on February 18, 1997.
2. Miscellaneous. Except as hereby amended, Buyer and Seller
hereby ratify, confirm and adopt the Agreement as amended
by this First Amendment. Time remains of the essence.
IN WITNESS WHEREOF, the parties hereto have caused these
presents to be executed as of the day and year first above written.
SELLER: BUYER:
XXXX XXXXXXX MUTUAL LIFE ARDEN REALTY LIMITED PARTNERSHIP,
INSURANCE COMPANY a Maryland limited partnership
By: ARDEN REALTY GROUP, INC.,
By:/s/ Xxxx X. Xxxxxxxx a Maryland corporation,
Name: Xxxx X. Xxxxxxxx its sole general partner
Title: Investment Officer
By:/s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
