November 21, 1996 Via Facsimile and Regular Mail The Balcor Company Attn: James E. Mendelson 2355 Waukegan Road Suite A200 Bannockburn, IL 60015 Re: Agreement of Sale dated August 26, 1996 ("Agreement") by and between Templeton Investors, an Illinois...Agreement and Escrow Agreement • March 7th, 1997 • Balcor Realty Investors 85 Series I • Real estate
This letter memorializes the Purchaser's understanding that the Seller has agreed to extend the November 25, 1996 date specified in Paragraph 5 and Paragraph 6 of the First Amendment to the Agreement and Escrow Agreement dated November 1, 1996, by and between the Seller and the Purchaser ("Amendment"), to December 6, 1996.
