Exhibit 10.5
FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT ("Amendment"), made
effective as of this 18th day of April, 2007, by and between DEACON ENTERPRISES,
INC., a Michigan Corporation, whose address is 000 Xxxxx Xxxxxx, Xxxxxxx,
Xxxxxxxx 00000 ("Seller"), and VOYAGER PETROLEUM, INC., a Nevada corporation,
whose address is 00 Xxxx Xxxxxxxx Xxx., Xxxxxxxx, Xxxxxxxx 00000, ("Purchaser").
W I T N E S S E T H:
WHEREAS, on January 19, 2007 Seller and Purchaser entered into a
Purchase and Sale Agreement for land situated in the City of Detroit, County of
Xxxxx, and State of Michigan ("Agreement"); and
WHEREAS, Seller and Purchaser desire to amend the Agreement;
NOW THEREFORE, Seller and Purchaser agree as follows:
1. EXTENSION OF INSPECTION PERIOD. Purchaser's right to inspect and
evaluate the Property and otherwise determine whether Purchaser shall
purchase the property (the "Inspection Period") shall be extended until
May 18, 2007 at 5:00 p.m. EST without additional cost to Purchaser.
2. COUNTERPARTS AND FACSIMILE. This Amendment may be executed in any
number of counterparts all of which when taken together, shall
constitute one in the same instrument. Facsimile signatures and
e-mailed PDF versions of signatures shall be deemed originals for the
purposes of execution and delivery of this Amendment.
The parties have executed this Amendment on the day and date first
above written.
SELLER: PURCHASER:
DEACON ENTERPRISES, INC. VOYAGER PETROLEUM, INC.
By: /s/ Xxxxxx Xxxxxx By: /s/ Xxxxxxxxx X. XxXxxx
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XXXXXX XXXXXX, President XXXXXXXXX XXXXXX, President
