Attached files
| file | filename |
|---|---|
| 8-K - 8-K - Sentio Healthcare Properties Inc | v195160_8k.htm |
| EX-10.1 - EX-10.1 - Sentio Healthcare Properties Inc | v195160_ex10-1.htm |
| EX-10.2 - EX-10.2 - Sentio Healthcare Properties Inc | v195160_ex10-2.htm |
| EX-99.1 - EX-99.1 - Sentio Healthcare Properties Inc | v195160_ex99-1.htm |
Exhibit
10.3
SECOND AMENDMENT
TO
PURCHASE AND SALE
AGREEMENT
THIS SECOND AMENDMENT TO PURCHASE AND
SALE AGREEMENT (this “First Amendment”) is made by and between GR IRF I, LP, a
Texas limited partnership (“Seller”), and GLOBAL REHAB DALLAS, LP, a Delaware
limited partnership (“Buyer”). Terms appearing herein with the first
letter thereof capitalized and which are not otherwise defined shall have the
respective meanings set forth in the Contract.
R E C I T A L
S:
A. WHEREAS,
Seller and Buyer entered into that certain Purchase and Sale Agreement, dated
effective as of July 14, 2010, amended by that certain First Amendment to
Purchase and Sale Agreement dated July 19, 2010 (the “Contract”), for the
purchase and sale of real property and certain improvements thereon located at
1340 Empire Central Drive, Dallas, Dallas County, Texas (the
“Property”);
B. WHEREAS,
Seller and Buyer desire to amend the Contract, all as more particularly set
forth herein.
A G R E E M E N T
S:
NOW,
THEREFORE, for Ten Dollars ($10.00) and other good and valuable consideration,
receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree as follows:
1. The
Contract is hereby amended to provide that Section 9.2(i) shall survive Closing
for one (1) year.
2. Except
as expressly modified herein, all of the terms and conditions of the Contract
shall remain in full force and effect.
3. This
Second Amendment may be executed in multiple counterparts, each of which shall
be deemed an original but all of which, together, shall constitute one and the
same instrument.
[SIGNATURES
ON FOLLOWING PAGE ]
IN
WITNESS WHEREOF, Seller and Buyer have executed this Second Amendment as of the
17th day of August, 2010.
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SELLER:
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GR
IRF I, LP,
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a
Texas limited partnership
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By:
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GR
IRF Managers, LLC,
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a
Texas limited liability company,
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its
General Partner
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By:
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/s/ Jason K. Dodd
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Jason
K. Dodd,
Manager
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BUYER:
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GLOBAL
REHAB DALLAS, LP,
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a
Delaware limited partnership
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By:
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Global
Rehab Dallas GP, LLC, sole
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general
partner
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By:
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CGI
Healthcare Operating Partnership, LP,
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sole
member
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By:
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Cornerstone
Healthcare Plus
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REIT,
Inc., sole general partner
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By:
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/s/ Terry G. Roussel
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Terry
G. Roussel
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President
and
CEO
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-2-