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Exhibit 10.52
AMENDMENT TO AGREEMENT FOR SALE AND PURCHASE
THIS AMENDMENT TO AGREEMENT FOR SALE AND PURCHASE is made as of this
___ day of December, 1996 by and between SJH PARTNERSHIP, LTD., a Florida
limited partnership ("Seller") and DIVOT PROPERTIES WGV, INC., a Florida
corporation ("Buyer").
WHEREAS, Seller and Divot Development Corporation entered into that
certain Agreement for Sale and Purchase (Southeast Parcel 2) dated June 25,
1996, as assigned to DIVOT PROPERTIES WGV, INC. by Assignment and Assumption of
Purchase Agreement dated December_______, 1996, (the "Agreement") under which
terms Seller has agreed to sell and convey to Buyer and Buyer has agreed to
purchase the Property as such term is defined in the Agreement. The parties
desire to enter into the certain modifications to the terms and provisions of
the Agreement.
NOW THEREFORE, in consideration of Ten and No/100 Dollars ($10.00) and
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties agree as follows:
1. Section 10.3 is hereby amended to read as follows:
Buyer shall continuously use the Property solely for the
development of (i) a 30,000 square foot laundry service or
establishment catering to commerce and industry, but
specifically excluding retail sales activities, and (ii) a
storage yard for mobile modular office containers. At Closing,
Seller shall assign to Buyer development rights to the
industrial category of development under the Saint Xxxxx DRI.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the
day and year first above written.
SELLER
SJH PARTNERSHIP, LTD., a Florida limited
partnership
By: SJ MEMPHIS, LTD., a Florida limited
partnership, its general partner
By: ST. XXXXX XXXXXXX, INC., a Florida
corporation, its general partner
By: /s/ Xxxxx X. Xxxxxxxx, Xx.
--------------------------------
Vice President
Development Administration
[CORPORATE SEAL]
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BUYER
DIVOT PROPERTIES WGV, INC., a Florida
corporation
By: /s/ Xxxxxx X. Xxxxxxx
-----------------------------------
Xxxxxx X. Xxxxxxx
Its Vice President
[CORPORATE SEAL]
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