0000950123-11-012846 Sample Contracts

SECOND AMENDMENT TO PARTNERSHIP AGREEMENT OF NATIONAL PROPERTY INVESTORS III
Partnership Agreement • February 11th, 2011 • National Property Investors Iii • Land subdividers & developers (no cemeteries) • Delaware

This SECOND AMENDMENT TO THE PARTNERSHIP AGREEMENT OF NATIONAL PROPERTY INVESTORS III (this “Amendment”) is entered into as of February 11, 2011 by and among NPI Equity Investments, Inc., a Florida corporation, in its capacity as managing general partner (the “Managing General Partner”), and each of the Limited Partners. All capitalized terms used in this Amendment but not otherwise defined herein shall have the respective meanings given to them in the Partnership Agreement (as defined below).

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AMENDMENT TO PARTNERSHIP AGREEMENT OF NATIONAL PROPERTY INVESTORS III
Partnership Agreement • February 11th, 2011 • National Property Investors Iii • Land subdividers & developers (no cemeteries) • California

This AMENDMENT TO THE PARTNERSHIP AGREEMENT OF NATIONAL PROPERTY INVESTORS III (this “Amendment”) is entered into as of February 11, 2011, by and among NPI Equity Investments, Inc., a Florida corporation, in its capacity as managing general partner (the “Managing General Partner”), and each of the Limited Partners. All capitalized terms used in this Amendment but not otherwise defined herein shall have the respective meanings given to them in the Partnership Agreement (as defined below).

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