Exhibit 10.74
SECOND AMENDMENT TO PURCHASE AND SALE CONTRACT
This Second Amendment to Purchase and Sale Contract (this “
Amendment ”) is made as of June 19, 2009, between
FISHERMAN’S LANDING APARTMENTS LIMITED PARTNERSHIP, a Florida
limited partnership and CCIP/3 SANDPIPER, LLC, a Delaware limited
liability company, each with an address at 4582 South Ulster Street
Parkway, Suite 1100, Denver, Colorado 80237 (“ Seller
”) and DT GROUP DEVELOPMENT, INC., a California corporation,
with an address at 5355 Cartwright Avenue, Suite 317, North
Hollywood, California 91601 (“ Purchaser ”).
W I T N E S S E T H:
WHEREAS , Seller and Purchaser entered into a Purchase and
Sale Contract dated as of May 1, 2009, as amended by that certain
First Amendment to Purchase and Sale Contract dated as of June 16,
2009 (as amended, the “ Agreement ”) with
respect to the sale of two certain properties known as Solana Vista
and located in Manatee County, Florida and Sienna Bay located in
Pinellas County, Florida, as described in the Agreement; and
WHEREAS , Seller and Purchaser desire to amend the Agreement
on the terms set forth herein.
NOW, THEREFORE , in consideration of the mutual covenants
herein con