Exhibit 10.61
FOURTH AMENDMENT TO PURCHASE AND SALE CONTRACT
This Fourth Amendment to Purchase and Sale Contract (this “ Amendment”) is made as of June 24, 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 (as amended by (i) that certain First Amendment to Purchase and Sale Contract, dated April 29, 2009, (ii) that certain Second Amendment to Purchase and Sale Contract, dated May 27, 2009 and (iii) that certain Third Amendment to Purchase and Sale Contract, dated June 10, 2009, collectively, 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:
[Signature Page to Follow]
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/Brian J. Bornhorst
Name: Brian J. Bornhorst
Title: Vice President
Purchaser:
PMF ENTERPRISES CF, INC.,
a Florida corporation
By: /s/Jerry Weston
Name: Jerry Weston
Title: President