EEA REALTY, LLC
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▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
TEL. (▇▇▇) ▇▇▇-▇▇▇▇ FAX (▇▇▇) ▇▇▇-▇▇▇▇
▇▇▇ ▇▇▇▇▇▇▇▇▇ & ▇.▇. ▇▇▇▇ - ▇▇▇-▇▇▇-▇▇▇▇
▇▇▇▇▇ ▇, ▇▇▇▇
N. H. Associates
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▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Attention: ▇▇. ▇▇▇▇▇ ▇▇▇▇▇
Re: Agreement of Sale by and Between EEA Development, Inc. as Purchaser
and N. H. Associates, as Seller, dated February 21, 1997, with
respect to property known as the North Hill Apartments, as amended
Dear ▇▇. ▇▇▇▇▇:
EEA Development, Inc., the Purchaser under the above referenced Agreement of
Sale, as amended, the (_Agreement_), is hereby terminating the Agreement.
However, we would like to proceed with the transaction under revised terms
which we are discussing with ▇▇▇ Charleston under separate cover.
If we are able to reach an agreement under the aforementioned revised terms,
please have your counsel prepare an appropriate amendment to the agreement.
If, however, we are unable to reach an agreement under revised terms, the
▇▇▇▇▇▇▇ Money Deposit shall be returned as set forth in the Agreement. Thank
you for your consideration.
Sincerely,
/s/ R. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, V.P.
R. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Finance and Acquisitions
Attachment
RSB/lab
cc: ▇▇▇▇ ▇. ▇▇▇▇▇
▇▇▇ Charleston
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