08-1118_WATKINS, MARK M._Purchase and Sale Agreement 1st AmdHIRST AMENDMSh T TO AGREEMEF 119CIR RURCHASE AIM C EIALE OR
REAL RRORE RIN Ah C 13SCRCVY Ih STRL CHIC Ih S
TF IEI HIRSI AN ENDN Rh T TO AGRBEN ENI F OR PL RCIF ASE AND SALBI OF
REAL F ROF BRTii Ah C BSCROW INURRUCTIONS f fiImicinic mica l" j is rriadei
by wind betWE en MARK M. WAIIKINS, an inc ivic ual (I"Selicl7 , eind EIAN ,IL AN
CAF IEITRA h O CIOMMUNIT)i REDEVELOPMENT AGENCY, a public body,
ccirporale and politic Q"Buyeir'), as of--TAr , .1009, and it arrieinds
lheit eeirtain Agreemenl icr Purchasei anc SaW cf Read Property anc Bscnaw
Insllruci is ns c ale c as of h ave niibeir 18, 2C C 1, by anc be tmlee n Se lle a and BuNe n
Q"AE racmi(init'). All terms de fnec in 11he Agneerrie n1 shall have the same
mieEining when usec he nein.
REICITALS
A. Seller has agneed is sell 1c Buyen anc Buyeu heli cgreed la purahase frcmi
Selleir the Frapleirty whiah is thea subjec a1 llhe Agreemiernl.
El. E uye r anc Elelle r new mutually deisire to arrienc 11he AclwimenI as se 1 earth
be lciw.
h OW, THOF WORE, in cansidEirailic n of thea mulual ciciveneints setll icirth herein
anc fau (their gciod eine valuEible ccnsicemitien, the recelipt anc sufficiency of
which is hell by ad r awlec gec , Buyen anc Seille n rriutuadly agree is ainiienc 11he
A51reeimen'l as ikiilows:
AG R8EM E NT
'I. Sed ian 1.91 c 1hei Agreen eal shall be wAlaiceid in its ertine tj anc arra ncec is
nE ad ais fallaws:
,I.'iI. Purd4vse Price. Thei purchase price f!' wichase Price'; fau the
Pro pe arty shall be One F un c neic Eleve nN Five the use inc Clollare anc 00110C
($1179,((0,' c'is elslablishac by Elurrirniary Appraisal Repc rt pliie paired by Garry L.
Vci It Al Associa,les, c atlle d Ncverrben 13, 21(071. -Rhe Pwchase Price shads be
payable ais follows: (al $If ,7190 ais esirned rriane y cc plasill purr usinl 1c Se (tion 1.3,
and wt ich ameuni shall vf rue ars -Ihe amiciuni cif LiquieEitee C arrzges Eis sell far h
in SEiction '91.61.21 heire it be Ic w Qb; an adc ii icinsil $I'I 61E1,2W in cash all cl(ming.
21. Excell as expinE ssly arriene e d herein, Edl terms anc glncN isians o1 the
Agiieemie nl sM V11 neimEiin unary a ndec anc in filll farce sinc effecl as oniginedij
exeicutec . In 'lhe a vent 1 hell is a conflict betAE cin 11he 11e rms einc pli ovis ions cif tt is
Arr enc ment and 11he lemis wind pravisians of thea Agreement, tt a ire rms anc
plravisic ns of this Armen( mf ni shall ccnlnal.
F In t ArriendrrA M re: Wablim Parcel Frage 1 If i
3. this Ameindrrernl shill be binding uplon anc inure to lhei beinefii of the Buyem
anc Selleu and iheiir ifispeictive successars anc as signs. This Amenc meint may
be eixeculad in counterparts, each of which, whein Wien ilogerlheu , shrill consliiule
one fully eve vulec anginal. Racsirr ilei signritums shall be bindincl tir all purgciseis
of this Amenc meant.
IN 1NITN8IzIS V%HEREOR, Buyer and Seller have excculec This Arnienc men -1 as cif
the date firs -1 writiein above.
Buyer
ELAN JUAN CAAII,1 RANO CION til L N ITM REDEVElL.ORMW T AGENCY, a public
bac y, carparato eine palitic
Delve AIdarr s
Appraveic as Ilo term by:
1NOODRUFIF, SPRADL.IN S SNPIRT
S��a_n 0413r'� L
Omar Elanc oval, Esq.
City Atloiney
SeIIEin
Ely:
Mark M. Wailkins
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