[Maxus Properties Letterhead]
Via Fax 000-000-0000
and Regular Mail
May 3, 2000
Xx. Xxxxxxx X. Xxxxxxx
SCHAFERICHARDSON, Inc.
530 Ford Centre
000 Xxxxx Xxxxx Xxxxxx
Xxxxxxxxxxx, XX 00000
RE: Cobblestone Court Sale Agreement
Dear Xxxx:
The purpose of this letter is to set forth a second amendment to the Cobblestone
Court Shopping Center Sale Agreement dated January 28, 2000 (the "Agreement"),
between Xxxxxx Real Property Investors - Four, L.P. (now known as Maxus Real
Property Investors Four, L.P. - "Seller") and Xxxxxxxxxx Properties, Inc.
("Buyer").
Buyer and Seller agree as follows:
1. The initial closing date set forth in Paragraph 8 of the Agreement
was March 28, 2000. By letter agreement dated March 29, 2000, the closing date
for the transaction was extended to May 15, 2000, and the transaction has not
closed.
2. The closing date will be extended from May 15, 2000 to May 22, 2000.
Seller agrees to pay an extension fee of $8,750 ($1,250 per day) at closing for
the extended closing date. Buyer acknowledges that the closing date will not be
extended past May 22, 2000.
All other terms and conditions of the Agreement remain in full force and affect.
0000 Xxxx, Xxxxx 0000 Xxxxxx Xxxx, 00000
000-000-0000 X.X. Xxx 00000 Xxxxxx Xxxx, XX 00000 FAX 000-000-0000
May 3, 2000
Xxxxxxx X. Xxxxxxx
Page 2
If the terms and conditions of this amendment are acceptable, acknowledge as
such by signing below and returning to me.
Sincerely,
/s/ Xxxxxx X. Xxxxxx
Xxxxxx X. Xxxxxx
President
AGREED BY
Maxus Real Property Investors-Four, X.X. Xxxxxxxxxx Properties, Inc.
/s/ Xxxxxx X. Xxxxxx /s/ Xxxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxx Xxxxxxx X. Xxxxxxx
President of Maxus Capital Corp, SCHAFERICHARDSON, INC.
General Partner Managing Agent for Xxxxxxxxxx
Properties, Inc.
