EEA REALTY, LLC
0000 X. XXXX XXXXXX
XXXXX 000
XXXXXXXXX, XX 00000
TEL. (000) 000-0000 FAX (000) 000-0000
Xxx Xxxxxxxxx & X.X. Xxxx - 000-000-0000
Xxxxx 0, 0000
N. H. Associates
x/x Xxx Xxxxxx Xxxxxxx
Xxxxxxxxxxx Xxxx Xxxxxx Xxxxx
0000 Xxxxxxxx Xxxx
Xxxxx X-000
Xxxxxxxxxxx, Xxxxxxxx 00000
Attention: Xx. Xxxxx Xxxxx
Re: Agreement of Sale by and Between EEA Development, Inc. as Purchaser
and N. H. Associates, as Seller, dated February 21, 1997, with
respect to property known as the North Hill Apartments, as amended
Dear Xx. Xxxxx:
EEA Development, Inc., the Purchaser under the above referenced Agreement of
Sale, as amended, the (_Agreement_), is hereby terminating the Agreement.
However, we would like to proceed with the transaction under revised terms
which we are discussing with Xxx Charleston under separate cover.
If we are able to reach an agreement under the aforementioned revised terms,
please have your counsel prepare an appropriate amendment to the agreement.
If, however, we are unable to reach an agreement under revised terms, the
Xxxxxxx Money Deposit shall be returned as set forth in the Agreement. Thank
you for your consideration.
Sincerely,
/s/ R. Xxxxxxx Xxxxxxx, V.P.
R. Xxxxxxx Xxxxxxx
Finance and Acquisitions
Attachment
RSB/lab
cc: Xxxx X. Xxxxx
Xxx Charleston
Xxxxx Xxxxxx
Xxxx Xxxxxxx
Xxxx Xxxxx
Xx Xxxx
