SECOND ASSIGNMENT
OF
PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS
THIS ASSIGNMENT made and entered into this 18th day of
June, 1999, by and between AEI FUND MANAGEMENT, INC., a
Minnesota corporation, ("Assignor") and AEI REAL ESTATE FUND
XV LIMITED PARTNERSHIP, a Delaware limited partnership and
AEI PRIVATE NET LEASE FUND 1998 LIMITED PARTNERSHIP, a
Minnesota limited partnership ("Assignees");
WITNESSETH, that:
WHEREAS, on the 20th day of May, 1999, Assignor entered
into a Purchase and Sale Agreement and Escrow Instructions
Agreement ("the Agreement") for those certain properties
located as follows:
▇. ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇
▇. ▇▇▇▇▇ Ranch ▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇
(collectively the "Properties") with ARAMARK Educational
Resources, Inc., as Seller/Lessee; and
WHEREAS, Assignor desires to assign all of its rights,
title and interest in, to and under the Agreement to the
Assignees as hereinafter provided;
NOW, THEREFORE, for One Dollar ($1.00) and other good
and valuable consideration, receipt of which is hereby
acknowledged, it is hereby agreed between the parties as
follows:
1. Assignor assigns all of its rights, title and
interest in, to and under the Agreement to the
Assignee, AEI Real Estate Fund XV Limited Partnership,
with respect to property A listed above, to have and to
hold the same unto the Assignee, its successors and
assigns;
2. Assignee, AEI Real Estate Fund XV Limited
Partnership, hereby assumes all rights, promises,
covenants, conditions and obligations under the
Agreement to be performed by the Assignor thereunder,
and agrees to be bound for all of the obligations of
Assignor under the Agreement with respect to property
A.
3. Assignor assigns all of its rights, title and
interest in, to and under the Agreement to the
Assignee, AEI Private Net Lease Fund 1998 Limited
Partnership, with respect to property B listed above,
to have and to hold the same unto the Assignee, its
successors and assigns;
4. Assignee, AEI Private Net Lease Fund 1998 Limited
Partnership, hereby assumes all rights, promises,
covenants, conditions and obligations under the
Agreement to be performed by the Assignor thereunder,
and agrees to be bound for all of the obligations of
Assignor under the Agreement with respect to property
B.
All other terms and conditions of the Agreement shall remain
unchanged and continue in full force and effect.
AEI FUND MANAGEMENT, INC.
("Assignor")
By: /s/ ▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, its President
AEI REAL ESTATE FUND XV
LIMITED PARTNERSHIP
("Assignee")
BY: AEI Fund Management 86-A, Inc.
By:/s/ ▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, its President
AEI PRIVATE NET LEASE FUND 1998
LIMITED PARTNERSHIP
("Assignee")
By: AEI Fund Management XVIII, Inc.
By: /s/ ▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, its President
