EXHIBIT 99.3
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VIA FAX: 000-000-0000
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North Rivers Market Associates
000 Xxxxx Xxxxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxx 00000
Att: Xxxxx Xxxxxx
Re: CONTRACT OF SALE DATED DECEMBER 4, 1997 BETWEEN KRC ACQUISITION
CORP., AS PURCHASER (WHOSE INTEREST HAS BEEN ASSIGNED TO KIMCO NORTH RIVERS
692, INC.) AND NORTH RIVERS MARKET ASSOCIATES, AS SELLER, COVERING NORTH
RIVERS MARKET, N. CHARLESTON, S.C.
Dear Xx. Xxxxxx:
This will confirm our understanding that Section 1.9 of the captioned
Contract of Sale is hereby amended to provide that the Inspection Period
shall expire at midnight on December 29, 1997.
Except as expressly amended, said Contract of Sale is hereby ratified
and is and shall remain in full force and effect in accordance with all of
its terms, conditions and provisions.
Please indicate your acceptance of the foregoing by signing and
returning a copy of this instrument via facsimile transmission to (516)
869-7199. Execution and delivery of this instrument by facsimile
transmission shall be deemed valid and binding for all purposes.
Very truly yours,
Kimco North Rivers 692, Inc.
By:
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Xxxxxx Xxxxxxxx, Vice President
ACCEPTED AND AGREED:
North Rivers Market Associates
By: JMB MORTGAGE PARTNERS, LTD.-IV
an Illinois general partnership:
By: JMB Realty Corporation,
a Delaware corporation
By:
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By: JMB MORTGAGE PARTNERS, LTD.-III
An Illinois limited partnership,
General Partner
By: JMB Realty Corporation,
a Delaware corporation
General Partner
By:
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cc: Xxxx Xxxxxxxx, Esq. (via fax 000-000-0000)
Xxxx Xxxxxxxxxx (vai fax 000-000-0000)