September 30, 1996
VIA FACSIMILE MAIL
Lakeville Investors The Balcor Company Xxxxxx X. Xxxxxxx, Esq.
c/o The Balcor Company 0000 Xxxxxxxx Xxxx Xxxxxx Xxxxxx & Xxxxx
0000 Xxxxxxxx Xxxx Xxxxx X000 Xxxxx 0000
Xxxxx X000 Xxxxxxxxxxx, XX 00000 000 X. Xxxxxx Xxxxxx
Xxxxxxxxxxx, XX 00000 Attn: Al Xxxxxxxxx Xxxxxxx, XX 00000
Attn: Xxxxx Xxxxx
Re: Agreement of Sale, dated as of the 23rd day of April, 1996 (the
"Agreement") between Lakeville Investors, as Seller, and ERP
Operating Limited Partnership, as Purchaser, for the purchase of
Lakeville Apartments, Petaluma, California (the "Property").
Dear Xx. Xxxxx and Messrs. Xxxxxxxxx and Xxxxxxx:
Purchaser hereby requests that the Agreement be modified to change
"October 1, 1996" in the seventh line of Section 9 thereof to "November 1,
1996". Please acknowledge Xxxxxx's acceptance of this modification to the
Agreement by executing this letter in the space provided below and returning it
via facsimile mail to Purchaser.
ERP OPERATING LIMITED PARTNERSHIP,
an Illinois limited partnership
By: Equity Residential Properties Trust,
a Maryland Real Estate Investment
Trust, its general partner
By: /s/ Xxxxxxx X. Xxxxx
----------------------------------
Xxxxxxx X. Xxxxx
Vice President
Approved and Accepted this 1st day of October, 1996
LAKEVILLE INVESTORS
By: Balcor Realty Investors 85-Series III A Real
Estate Limited Partnership, a partner
By: Balcor Partners-XVIII, an Illinois
general partnership, its general partner
By: The Balcor Company, a Delaware
corporation, a general partner
By: /s/ Xxxxx X. Xxxxxxxxx
------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Authorized Rep.
By: Lakeville Partners, an Illinois limited partnership,
a partner
By: Balcor Partners-XIX, an Illinois general partnership,
its general partner
By: The Balcor Company, a Delaware
corporation, a general partner
By: /s/ Xxxxx X. Xxxxxxxxx
------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Authorized Rep.
