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<br />04/28/2003 15:20 <br /> <br />UNITED PROPERTIES ~ 96514902931 <br /> <br />t'lO. 053 va] <br /> <br />(A) Proceed to closing. in which case P'urcnnst}r shrd] be entitled to any <br />condemnation award; or without a reduction in pL1rchase price, <br /> <br />(B) Temlinate this Agreement as to the entire Property, whereupon the <br />earnest money s'hall be paid to Purohaser and all parti~s shall <br />thereupon be relieved of all further liability here1.lnQyT. <br /> <br />~3. ASSIGNMENT: Any assignnlent of this Agreement by Purchas~r is: <br />supject to Seller's written approval. Purchaser may assign this Agreement to any wholly- <br />owned subsidiary of United '~roperties LLC, howeverl in the event of sucb assignment. <br />Purcha~er shall relnain liable for Purchaser's obligations hereunder. <br /> <br />[N WITNESS WHEREOF, t1)e parties hereto have executed this instrument. <br /> <br />EXECUTED ON: <br /> <br />SELLER: CITY OF ROSEVrLLE <br /> <br />This ~day of <br /> <br />, 2003 <br /> <br />By: <br /> <br />Its: <br /> <br />WITNESS; <br /> <br />By: <br /> <br />Its: <br /> <br />E:X:ECUTEP ON: <br /> <br />PURCHASER: UNITEP PROPERTIES <br />INVESTMENT LLC <br /> <br />This&41lY Df~, Z003 <br /> <br />By: <br /> <br /> <br />1 ~ . . '" -'./ . <br /> <br />. . <br /> <br /> <br />~~~, <br />&Cj(? <br /> <br />Its: <br /> <br />WITNESS; <br /> <br />By: <br /> <br />Its: <br /> <br />9 <br /> <br />lii::il ,j i I ;:;m ii~ ~ll~ ij~i,ih~ <br /> <br />. i, <br />I J ~ <br /> <br />U ,1;1;::: n ;;J,j" <br /> <br />... I j. I .. ii ' II <br />