Exhibit 10.58
FIRST AMENDMENT TO PURCHASE AND SALE CONTRACT
First Amendment to Purchase and Sale Contract (this “Amendment”) is made as of April 29, 2009, between CONCAP VILLAGE GREEN ASSOCIATES, LTD. (“Seller”) and PMF ENTERPRISES CF INC. (“Purchaser”).
W I T N E S S E T H:
WHEREAS, Seller and Purchaser entered into a Purchase and Sale Contract dated as of March 20, 2009 (the “Agreement”) with respect to the sale of certain property known as Village Green Apartments and located in Seminole County, Florida, as described in the Agreement; and
WHEREAS, Seller and Purchaser desire to amend the Agreement on the terms set forth herein.
NOW, THEREFORE, in consideration of the mutual covenants herein contained, the sum of $10.00 and other good and valuable consideration, the mutual receipt and legal sufficiency of which are hereby acknowledged, the parties hereby agree as follows:
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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date and year hereinabove written.
Seller:
CONCAP VILLAGE GREEN ASSOCIATES, LTD., a Texas limited partnership
By: CCP/III VILLAGE GREEN GP, INC., a South Carolina corporation, its general partner
By: /s/John Spiegleman
Name: John Spiegleman
Title: Senior Vice President
Purchaser:
PMF ENTERPRISES CF, INC.,
a Florida corporation
By: /s/Jerry Weston
Name: Jerry Weston
Title: President