MODIFICATION AGREEMENT This Modification Agreement ("Modification") dated this 2nd day of October, 1996, by and between ALLIANCE HOLDINGS, L.L.C., an Illinois limited liability company ("Purchaser") and BALCOR PENSION INVESTORS-IV, an Illinois limited...Modification Agreement • October 23rd, 1996 • Balcor Pension Investors Iv • Real estate
RECITALS:Agreement of Sale • October 23rd, 1996 • Balcor Pension Investors Iv • Real estate
WITNESSETH:Agreement of Sale • October 23rd, 1996 • Balcor Pension Investors Iv • Real estate • California
WITNESSETH:Agreement of Sale • October 23rd, 1996 • Balcor Pension Investors Iv • Real estate • Florida
WITNESSETH:Agreement of Sale • October 23rd, 1996 • Balcor Pension Investors Iv • Real estate • Illinois
October 7, 1996 Sent Via Facsimile ---------------------- Mr. Mark A. Saturno Balcor Management Services, Inc. 2355 Waukegan Road, Suite A200 Bannockburn, IL 60015 RE: Purchase Contracts Regarding: Glades Apartments Granada Apartments Hollowbrook...Balcor Pension Investors Iv • October 23rd, 1996 • Real estate
This letter shall confirm our conversation of today whereby Housing Systems acknowledged that they will be executing financing applications on the above referenced transactions and paying the appropriate application fees by October 8, 1996. Please acknowledge in the space provided below that, pursuant to Paragraph 8 "Financing Contingency", Seller agrees to waive the affidavit requirement and the Purchaser's earnest monies will not be at risk until the expiration of the Financing Contingency (on or before October 21, 1996).
