EXHIBIT 10.19
ASSIGNMENT OF AGREEMENT OF PURCHASE AND SALE
ECM XXXXXXXXXX, LLC, ECM CLEARWEST, LLC, XXXXXX, LLC, ECM ST. XXXXXX, LLC,
ECM BROADWAY, LLC AND ECM OLIVE, LLC, COLLECTIVELY, AS SELLER
AND
SERIES B, LLC, AS BUYER
ASSIGNOR, for good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, does hereby assign all of its right, title and
interest in that certain Agreement of Purchase and Sale described herein, but
only as it relates to the purchase of the real property described below, to
ASSIGNEE and its successors and assigns. The Agreement of Purchase and Sale is
described as follows:
DATE OF AGREEMENT: June 17, 2005, as amended July 20, 2005 and August 26,
2005
ORIGINAL BUYER: Series B, LLC
ASSIGNED TO: Xxxx XX Olivette MO, LLC
PROPERTY ADDRESS: 0000 Xxxxx Xxxxxxxxx, Xxxxxxxx, XX 00000
ASSIGNOR acknowledges that it is not released from any and all obligations
or liabilities under said Agreement of Purchase and Sale with the exception of
the xxxxxxx money deposit which is currently in escrow.
ASSIGNEE hereby agrees to assume and be responsible for all obligations
and liabilities under said Agreement of Purchase and Sale as it relates to the
real property described above. This Assignment shall be in full force and effect
upon its full execution.
Executed this 15th day of November, 2005.
ASSIGNOR: ASSIGNEE:
SERIES B, LLC XXXX XX OLIVETTE MO, LLC
By: Xxxx REIT Advisors II, LLC
By: /S/ Xxxx X. Xxxx its Manager
---------------------------------
Xxxx X. Xxxx
Its: Authorized Officer
By: /S/ Xxxx X. Xxxx
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Xxxx X. Xxxx
Senior Vice President
