WITNESSETHAgreement of Sale and Escrow Agreement • November 14th, 1997 • Balcor Realty Investors 84 • Real estate
November 7, 1997 Chandler Investors c/o The Balcor Company Bannockburn Lake Office Plaza 2355 Waukegan Road Suite A-200 Bannockburn, IL 60015 Attn.: Ilona Adams Via facsimile to (847) 317-4462 Dear Ms. Adams: This letter pertains to the Agreement of...Balcor Realty Investors 84 • November 14th, 1997 • Real estate
SELLER:Balcor Realty Investors 84 • November 14th, 1997 • Real estate
This letter pertains to, and is intended to constitute an amendment of, the Agreement of Sale (the "Agreement") entered into as of May 22, 1997 between Continental Realty Advisors, Ltd., a Colorado limited partnership Signet Partners, a Colorado corporation (collectively referred to as "Purchaser") and Chandler Investors, an Illinois limited partnership ("Seller"). By prior instruments, the most recent of which is entitled the "Sixth Amendment to Agreement Of Sale and Escrow Agreement", Purchaser and Seller have amended the Agreement. Pursuant to the Sixth Amendment, certain deadlines for performance or satisfaction of conditions were extended. One of those deadlines was for the satisfaction or waiver of the Purchaser's financing contingency. That provision is set forth in paragraph two of the Sixth Amendment, and it pertains to paragraph 7.1A of the Agreement. The current deadline for satisfaction or waiver of the Purchaser's financing contingency is 5:00 p.m. Chicago time, November 6
