ASSIGNMENT AND ASSUMPTION AGREEMENT

Exhibit 10.2

ASSIGNMENT AND ASSUMPTION AGREEMENT

     THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (this “ Agreement ”) is entered into as of the 31 ^st day of December, 2008 (the “ Effective Date ”) by and among PULTE HOME CORPORATION, a Michigan corporation ( “ Assignor ”) and SPT — SWRC, LLC, a Delaware limited liability company (“ Assignee ”).

RECITALS

     A. Assignor is the owner of certain real property located in Riverside County, California described on Exhibit A attached hereto (the “ Property ”).

     B. Assignor has entered into those certain contracts relating to the Property listed on Exhibit B attached hereto (the “Contracts”).

     C. Assignor has agreed to convey the Property to Assignee, and Assignee has agreed to receive the Property from Assignor.

     D. In connection with the transfer of the Property, Assignor has agreed to assign, and Assignee has agreed to assume, all rights and obligations of Assignor under the Contracts, subject to the terms and conditions of this Agreement.

AGREEMENT

     NOW THEREFORE, in consideration of the mutual promises and covenants contained herein, and for other good and valuable consideration, the receipt and sufficient of which is her