ASSIGNMENT OF AGREEMENT FOR PURCHASE AND SALE
For and in consideration of One and No/100ths Dollar ($1.00) in hand
paid by THICKET APARTMENTS, L.P., a Delaware limited partnership, having as its
sole general partner Thicket Holdings, Inc., a Georgia corporation (hereinafter
referred to as "Assignee"), to A & P INVESTORS, INC., a Georgia corporation
(hereinafter referred to as "Assignor"), and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
Assignor hereby assigns, transfers and conveys to Assignee all of Assignor's
right, title and interest in and to that certain Agreement for Purchase and Sale
by and between The Patrician Mortgage Company, as Seller, and Assignor, as
Purchaser, dated March 27, 1996 (hereinafter referred to as the "Sales
Agreement"). Assignee hereby accepts said assignment, transfer and conveyance of
the Sales Agreement by Assignor and hereby assumes all of Assignor's rights,
duties and obligations under said Sales Agreement.
Witness the hands and seals of the parties hereto as of the 25th day of
June, 1996.
ASSIGNOR:
A & P INVESTORS, INC., a Georgia corporation
By: /s/Xxxxx X. Xxxx
-------------------------
Xxxxx X. Xxxx
Title: CEO
[Corporate Seal]
ASSIGNEE:
THICKET APARTMENTS, L.P., a Delaware limited
partnership
By:Thicket Holdings, Inc., a Delaware corporation,
general partner
By: /s/Xxxxx X. Xxxx
-------------------------
Xxxxx X. Xxxx
Title: CEO
[Corporate Seal]
