FIRST AMENDMENT TO REAL ESTATE PURCHASE AND SALE AGREEMENT
FIRST AMENDMENT TO REAL ESTATE PURCHASE AND SALE AGREEMENT
THIS FIRST AMENDMENT TO REAL ESTATE PURCHASE AND SALE AGREEMENT (the “Amendment”), is made and entered into as of the 14th day of December, 2010, by and between CORAC, LLC, a Delaware limited liability company (“Seller”), and NTS REALTY HOLDINGS LIMITED PARTNERSHIP, a Delaware limited partnership (“Purchaser”).
Seller and Purchaser entered into that certain Real Estate Purchase and Sale Agreement dated as of December 3, 2010, (the “Agreement”), and now wish to amend the Agreement on the terms hereinafter provided.
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PURCHASER:
NTS REALTY HOLDING LIMITED
PARTNERSHIP, a Delaware limited
partnership
By: NTS Realty Capital, Inc., a Delaware
corporation, its managing general partner
By: /s/ Xxxx X. Xxxxxxxx
Name: Xxxx X. XXxxxxxx
Title: SVP
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SELLER:
CORAC, LLC, a Delaware limited liability
company
By: Connecticut General Life Insurance
Company, its managing member
By: CIGNA Investments, Inc., its authorized
representative
By: /s/ Xxxxxxx X.X. Xxxxx
Name: Xxxxxxx X.X. Xxxxx
Its: Managing Director
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