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Exhibit 10.30
PARTIAL ASSIGNMENT AND ASSUMPTION OF
PURCHASE AND SALE AGREEMENT
THIS PARTIAL
ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENT (this
"Assignment") is made and entered into as
of this 30th day of December, 2003 by
and between INLAND REAL ESTATE
ACQUISITIONS, INC., an Illinois corporation, as
Assignor ("Assignor"), and INLAND WESTERN
NEW BRITAIN MAIN, L.L.C., a Delaware
limited liability company, as Assignee
("Assignee").
RECITALS:
A. Assignor previously has executed
and entered into that certain
Purchase and Sale Agreement dated as of
November 20, 2003, with DESCO Associates
(as amended, the "Agreement").
B. Assignor desires to assign its
right, title and interest in, to and
under the Agreement with respect to only
the New Britain Real Property, as
defined in the Agreement (and not with
respect to the Bristol Real Property, as
defined in the Agreement), to Assignee, and
Assignee desires to accept such
assignment and assumes all of Assignor's
duties and obligations under the
Agreement that arise and accrue from and
after the date of this Assignment with
respect to only the New Britain Real
Property (and not with respect to the
Bristol Real Property), all upon and
subject to the terms and provisions of this
Assignment.
AGREEMENT:
NOW, THEREFORE,
in consideration of the foregoing Recitals, the mutual
agreement of the parties hereto and other
good and valuable consideration, the
receipt and sufficiency of which are hereby
acknowledged, the parties hereto
hereby agree as follows:
1. INCORPORATION OF RECITALS. The
foregoing Recitals are, by this
reference, incorporated into the body of
this Assignment as if the same had been
set forth in the body of this Ass
