THIRD AMENDMENT TO PURCHASE AGREEMENT
THIS AGREEMENT is entered into by and between ANGELES PARTNERS XIV, a
California limited partnership ( Seller ), and MID-STATES DEVELOPMENT COMPANY,
an Ohio general partnership ( Purchaser ), effective as of the 19th day of July,
1995, on the following terms and conditions:
1. Background. Seller entered into that certain Purchase Agreement
dated March 20, 1995, between Seller and Xxxxxx-Xxxxxxxxx Partners relating
generally to the purchase and sale of real property, fixtures and personal
property referred to therein collectively as the Property. Subsequently, the
Purchase Agreement was amended and assigned to Purchaser pursuant to that
certain Amendment to and Assignment of Purchase Agreement, effective as of April
27, 1995. Subsequently, the Purchase Agreement was amended pursuant to that
certain Amendment to Purchase Agreement effective as of June 15 , 1995. The
Purchase Agreement as so amended and assigned is hereafter referred to as the
Contract.
2. Closing Date Extended. Section 7.1 of the Contract is amended by
changing the date on or before which the closing shall occur from June 15, 1995,
to August 31, 1995.
3. The Contract, as amended hereby, remains in full force and effect.
IN WITNESS WHEREOF, the parties have executed this agreement on the date
set forth below their respective signatures, but effective as of and from the
date first above written.
PURCHASER:
MID-STATES DEVELOPMENT COMPANY, an Ohio general partnership
By: /s/Xxxxx X. Xxxxxx
Its General Partner
Date: July 19, 1995
SELLER:
ANGELES PARTNERS XIV, a California limited partnership
By: ANGELES REALTY CORPORATION, II,
Its General Partner
By: /s/Xxxxxx X. Xxxx, Xx.
Its: CAO/Controller
Date: August 22, 1995
