ASSIGNMENT OF AGREEMENT OF SALE
COMMUNITY ACQUISITION AND DEVELOPMENT CORPORATION, a Delaware
corporation ("CADC") hereby assigns all of its right, title and interest in that
certain Agreement of Sale ("Agreement") dated May 6, 1999, as amended, by and
between FIVE WHITES, L.L.C., an Arizona limited liability company, as Seller,
and CADC, as Buyer, with respect to LA CASA XXXXXX MOBILE HOME PARK to CAX LA
CASA XXXXXX, L.L.C., a Delaware limited liability company ("CAX").
CAX by its signature below, hereby acknowledges this Assignment of the
Agreement.
This Agreement may be executed in counterparts and by facsimile, each
of which shall be fully effective as an original and all of which together shall
constitute one and the same instrument.
Dated this 28th day of June, 1999.
Witnesses: COMMUNITY ACQUISITION AND
DEVELOPMENT CORPORATION, a
Delaware corporation
/s/Xxxxxxxx X. Xxxxxxxx
Print Name: Xxxxxxxx X. Xxxxxxxx
By:/s/Xxxxxx X. Xxxxxx
Xxxxxx X. Xxxxxx, President
/s/Xxxxxx X. XxXxxxxxxx, Xx.
Print Name: Xxxxxx X. XxXxxxxxxx, Xx.
Acknowledged this 25th day of June, 1999.
Witnesses: CAX LA CASA XXXXXX, L.L.C., a
Delaware limited liability company
/s/Xxxxx X. Xxxxxxx By: Commercial Assets, Inc., a
Print Name: Xxxxx X. Xxxxxxx Delaware corporation, its sole
member
/s/Xxxxxxxx Xxxxxxx By:/s/Xxxxx X. Xxxxx
Print Name: Xxxxxxxx Xxxxxxx Xxxxx X. Xxxxx
President
