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EXHIBIT 10.2
AMENDMENT TO PURCHASE AND SALE AGREEMENT
DATE: July 27, 2000
PARTIES: XXXXX X. XXXXXXX and CENTRAL ONE, INC., an Arizona corporation (the
"Purchaser")
XXXXXX INCOME PROPERTIES I, LTD., a Texas limited partnership (the
"Seller")
SUBJECT: PURCHASE AND SALE AGREEMENT (the "Agreement") executed by Seller on
July 10, 2000 and by Purchaser on July 7, 2000, with an Effective Date
of July 12, 2000, relating to the purchase and sale of Mt. View
Shopping Center in Scottsdale, Arizona.
AGREEMENTS:
For valuable consideration, the receipt of which is hereby acknowledged by
both parties hereto, Seller and Purchaser hereby amend the Agreement as follows:
1. The "Approval Period" (as defined in section 1.1 of the Agreement) is
hereby extended for a period of seven (7) days and shall expire on August 3,
2000.
2. The "Closing Date" (as defined in section 1.1 of the Agreement) is
hereby amended to mean five (5) business days after the later of (i) the last
day of the Approval Period or (ii) the last day of Seller's Cure Period.
This Amendment may be executed in counterparts. Except as expressly
modified by this Amendment, the terms and conditions of the Agreement shall
remain in full force and effect.
CENTRAL ONE, INC., XXXXXX INCOME PROPERTIES I, LTD.,
an Arizona corporation a Texas limited partnership
By: /s/ Xxxxx Xxxxxxx By: Xxxxxx Realty Investors VIII, Inc.,
-------------------------- a Texas corporation
Name: Xxxxx Xxxxxxx General Partner
Title: President
By: /s/ Xxxxx Xxxx
/s/ Xxxxx X. Xxxxxxx ---------------------------------
---------------------------- Name: Xxxxx Xxxx
Xxxxx X. Xxxxxxx Title: Executive Vice President
