THIRD AMENDMENT TO AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY AND ESCROW INSTRUCTIONS

THIRD AMENDMENT TO AGREEMENT FOR PURCHASE
AND SALE OF REAL PROPERTY AND ESCROW INSTRUCTIONS

THIS THIRDAMENDMENT TO AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY AND ESCROW INSTRUCTIONS (this “Amendment”) is made as of January 18, 2006, among XXXXX-XXXX TRADEMARK, LLC, a Nevada limited liability company (“XXXXX-Xxxx”), NNN RENO TRADEMARK 1, LLC, a Nevada limited liability company (“RT1”), NNN RENO TRADEMARK 2, LLC, a Nevada limited liability company (“RT2”), NNN RENO TRADEMARK 3, LLC, a Nevada limited liability company (“RT3”), NNN RENO TRADEMARK 4, LLC, a Nevada limited liability company (“RT4”), NNN RENO TRADEMARK 5, LLC, a Nevada limited liability company (“RT5”), NNN RENO TRADEMARK 6, LLC, a Nevada limited liability company (“RT6”), NNN RENO TRADEMARK 7, LLC, a Nevada limited liability company (“RT7”), NNN RENO TRADEMARK 8, LLC, a Nevada limited liability company (“RT8”), NNN RENO TRADEMARK 9, LLC, a Nevada limited liability company (“RT9” and together with XXXXX-Xxxx, XX0, XX0, XX0, XX0, XX0, XX0, XX0 and RT8, collectively, the “Sellers”) and Skyline-Trademark, LLC, a Delaware limited liability company (the “Buyer”).

RECITALS

Sellers and Buyer entered into that certain Agreement for Purchase and Sale of Real Property and Escrow Instructions dated August 18, 2005, as amended (the “Contract”) with respect to certain property located at 000 Xxxxxxxxx Xxxxx, Xxxx, Xxxxxx as more particularly described in the Contract.

Sellers and Buyer desire to amend the Contract to reduce the purchase price.

AGREEMENT

FOR and in consideration of the premises and other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the parties agree that the purchase price is reduced by $325,000.

This Amendment may be executed in multiple counterparts, each of which shall be an original and all of which together shall constitute but one and the same instrument.

Except as modified hereby, the parties ratify and affirm the Contract and acknowledge that the Contract is in full force and effect.

WITNESS the following signatures:

1

SELLERS:

XXXXX, Xxxx Trademark, LLC

a Nevada limited liability company

By:		Triple Net Properties, LLC,
		a Virginia limited liability company,
		its Manager
		By:		/s/ XXXXXXX X. XXXXXXXX
		Its:		Xxxxxxx X. Xxxxxxxx CEO

2

NNN Reno Trademark 1, LLC,

a Nevada limited liability company

By:		Triple Net Properties, LLC,
		a Virginia limited liability company,
		its Vice President
		By:		/s/ XXXXXXX X. XXXXXXXX
		Its:		Xxxxxxx X. Xxxxxxxx CEO

3

NNN Reno Trademark 2, LLC,

a Nevada limited liability company

By:		Triple Net Properties, LLC,
		a Virginia limited liability company,
		its Vice President
		By:		/s/ XXXXXXX X. XXXXXXXX
		Its:		Xxxxxxx X. Xxxxxxxx CEO

4

NNN Reno Trademark 3, LLC,

a Nevada limited liability company

By:		Comet Realty Corp., a New York corporation, its Sole member
		By:		Triple Net Properties, LLC, a Virginia limited liability company, its Vice President

By:/s/ XXXXXXX X. XXXXXXXX

5

					Xxxxxxx X. Xxxxxxxx
		Its:			CEO

NNN Reno Trademark 4, LLC,

a Nevada limited liability company

By: El Cerrito Mill & Lumber Co.,

a California corporation, By: Xxxx Xxxxxxx, VP & CEO and By: Xxxxxxx Xxxxxxxxx, Secretary

By: Triple Net Properties, LLC,
a Virginia limited liability company,
its Vice President

By:/s/ XXXXXXX X. XXXXXXXX

6

					Xxxxxxx X. Xxxxxxxx
		Its:			CEO

NNN Reno Trademark 5, LLC,

a Nevada limited liability company

By:		Triple Net Properties, LLC,
		a Virginia limited liability company,
		its Vice President
		By:		/s/ XXXXXXX X. XXXXXXXX
		Its:		Xxxxxxx X. Xxxxxxxx CEO

7

NNN Reno Trademark 6, LLC,

a Nevada limited liability company

By:		The Xxxxx X. Xxxxx Trust dated 6/17/94,
		its Sole member
		By:		Triple Net Properties, LLC, a Virginia limited liability company, its Vice President

By:/s/ XXXXXXX X. XXXXXXXX

8

					Xxxxxxx X. Xxxxxxxx
		Its:			CEO

NNN Reno Trademark 7, LLC,

a Nevada limited liability company

By:		Triple Net Properties, LLC,
		a Virginia limited liability company,
		its Vice President
		By:		/s/ XXXXXXX X. XXXXXXXX
		Its:		Xxxxxxx X. Xxxxxxxx CEO

9

NNN Reno Trademark 8, LLC,

a Nevada limited liability company

By:		Triple Net Properties, LLC,
		a Virginia limited liability company,
		its Vice President
		By:		/s/ XXXXXXX X. XXXXXXXX
		Its:		Xxxxxxx X. Xxxxxxxx CEO

10

NNN Reno Trademark 9, LLC,

a Nevada limited liability company

				By:		Triple Net Properties, LLC,
						a Virginia limited liability company,
						its Vice President
						By:		/s/ XXXXXXX X. XXXXXXXX
						Its:		Xxxxxxx X. Xxxxxxxx CEO

11

BUYER:		Skyline-Trademark, LLC,
		a Delaware limited liability company
		By:		Skyline, LP,
				a limited partnership, its manager
				By:		RK Skyline Mgr., LLC, a limited liability company, its general partner
						By:		/s/ XXXX XXXXXXXXXX

		Name:			Xxxx Xxxxxxxxxx
		Its:			Manager/Member

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