Exhibit 10.25
NAI Highland Commercial Group, LLC
0 Xxxxx Xxxxxxx Xxxxxx
Xxxxx 000
Xxxxxxxx Xxxxxxx, XX 00000-0000
Phone: 0000000000, Fax: 0000000000
The printed portions of this form, except differentiated additions, have
been approved by the Colorado Real Estate
Commission. (AE41-5-04)
THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT
LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING.
AGREEMENT TO AMEND/EXTEND CONTRACT
Date: January 11. 2005
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1. This agreement amends the Contract dated October 18, 2004 between
Xxxxxx Xxxxxx, Ltd a Colorado Limited Partnership
,(Seller) and
Xxxxxx-Xxxxxx One, LLC and/or assigns
(Buyer), relating to the sale and purchase of the following described real
estate in the County of El Paso,
-------
Colorado:
Tract A, Creekside Subdivision Filing I
known as No.
na ,(Property).
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Street Address City State Zip
2. ss.2c. Dates and Deadlines.
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(NOTE: IF A DATE OR DEADLINE IS LEFT BLANK, IT MEANS "NO CHANGE"]
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[Note: The Dates and Deadlines table may be deleted if inapplicable]
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Item No.Reference Event Date or Deadline
1A ss.5a Loan Application Deadline NA
2 ss.5b Loan Commitment Deadline NA
3 ss.5c Buyer's Credit Information Deadline NA
4 ss. 5c Disapproval of Buyer's Credit Deadline XX
0 & 0x Xxxxxxxx Xxxx Xxxxxxxxx Xxxxxxxx XX
0 ss. 5d Objection to Existing Loan Documents NA
7 ss. 5d Approval of Loan Transfer Deadline NA
8 ss. 6a(4) Appraisal Deadline NA
9 ss.7a Title Deadline January 18, 2005
10 ss.7c Survey Deadline NA
I I ss.8C Survey Objection Deadline NA
12 ss.7b Document Request Deadline 10 DAYS FROM MEC
13 ss. 7d(2) ss. 8a Governing Documents Objection Deadline 20 DAYS FROM RECEIPT
and Title Objection Deadline
14 ss. 8b Off-Record Matters Deadline January 18, 2005
15 ss. 8B Off-Record Matters Objection Deadline 20 DAYS FROM RECEIPT
16 ss. 8F Right Of First Refusal Deadline SATISFIED
17 ss.10 Seller's Property Disclosure Deadline 10 DAYS FROM MEC
PREPARED BY AGENT: Xxxxx X. Xxxxxxxx, Xx., SIOR, Broker
No. AE41-5-04, AGREEMENT TO AMEND/EXTEND CONTRACT. Colorado Real Estate
Commission
RealFAST Software, 2005, Version 6.16. Software Registered to Xxxxxx X. Xxxx, NAI Highland Commercial Group, LLC.
01/12/05 10:22:26 Page 1 of 2
Buyer(s) E Seller(s) SLM
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18 4 10a Inspection Objection Deadline March 18, 2005
19 4 10b Resolution Deadline 10 DAYS FROM OBJECTIONS
20 ss.10c Property Insurance Objection Deadline NA
21 ss.11 Closing Date 15 DAYS FROM DP APPROVA
22 ss.16 Possession Date UPON CLOSING
23 416 Possession Time UPON CLOSING
24 427 Acceptance Deadline Date n/a
25 427 Acceptance Deadline Time 5:00 PM MDT
n/a n/a n/a n/a
n/a n/a n/a n/a
3. Other dates or deadlines set forth in the contract shall be changed as
follows:
Buyer shall have 4 months from the Inspection Objection Deadline to get
approval from the City for its development plan. If despite good faith
efforts by the Buyer to obtain said approval it has not been received by
the above date then Buyer shall be entitled to two (2) thirty (30) day
extensions of this deadline by giving written notice prior to expiration of
the contingency period, or extension thereof, that it intends to extend the
contingency period.
4. Additional amendments:
none
All other terms and conditions of the contract shall remain the same.
This proposal shall expire unless accepted in writing by Seller and Buyer as
evidenced by their signatures below and the offering party to this
document receives notice of acceptance on or before January 14, 2005. 2400 MST
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Date Time
Xxxxxx Xxxxxx, Ltd a Colorado Limited Partnership
SELLER /s/ Xxxxxx X. Xxxxx DATE 01/12/05
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By: Xxxxxx X. Xxxxx, Vice President
Xxxxxx-Xxxxxx One, LLC and/or assigns
BUYER /s/ Xxxxxxx X. Xxxxx DATE 01/12/05
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By: Xxxxxxx X. Xxxxx
PREPARED BY AGENT: Xxxxx X. Xxxxxxxx, Xx., SIOR, Broker
No. AE41-5-04, AGREEMENT TO AMEND/EXTEND CONTRACT. Colorado Real Estate
Commission
RealFAST Software, 2005, Version 6.16. Software Registered to Xxxxxx X. Xxxx, NAI Highland Commercial Group, LLC.
01/12/05 10:22:26 Page 2 of 2