1
STATE OF TENNESSEE
COUNTY OF SHELBY
MODIFICATION TO MANAGEMENT AGREEMENT
This Modification to Management Agreement is made and entered into this
1st day of January 1995, by and between ▇▇▇▇▇▇ Income Properties, II, LTD a
Texas limited Partnership ("Owner") and ▇▇▇▇▇▇▇▇ ▇▇▇▇ SE, Inc., a Delaware
Corporation ("Operator").
W I T N E S S E T H :
Whereas, Owner and Operator entered into that certain Management
Agreement for the managing and operating of certain improved real property,
("Project") commonly known as Germantown Collection, dated August 8, 1990 and
extended December 30th, 1993.
Whereas, the Owner and Operator desire to modify and amend the
Management Agreement;
Now, therefore, for and in consideration of the Modification to
Management Agreement, the sum of Ten and 00/100 Dollars ($10.00) in hand paid
by Owner to Operator, the mutual agreements herein contained and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto do agree as follows:
1. Owner and Operator acknowledge and agree the Management
Agreement shall be extended for a period of twelve (12)
months, such extension shall commence on January 1, 1995
and expire on December 31, 1995.
2. All other terms and conditions of the Management Agreement
not specifically amended by this Modification to Management
Agreement, are hereby deemed to remain in full force and
effect.
IN WITNESS WHEREOF, the parties have executed the foregoing Modification
as of the day and year written above.
Owner: Operator:
▇▇▇▇▇▇ Income ▇▇▇▇▇▇▇▇ ▇▇▇▇ SE, Inc.
Properties, II, LTD
BY: ▇▇▇▇▇▇ Realty Investors, IX, Inc.
BY: /s/ ▇▇▇▇▇ ▇▇▇▇ BY: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇
Title: Executive Vice President Title: Vice President
▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇
