Assignment of Purchase Agreement between AEI Property Corporation and AEI Net Lease Income & Growth Fund XX Limited Partnership
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Summary
AEI Property Corporation is transferring its rights and obligations under a Purchase and Sale Agreement for a Fresenius medical clinic in Green, Ohio, to AEI Net Lease Income & Growth Fund XX Limited Partnership. The Assignee will now manage and fulfill all purchaser responsibilities under the original agreement with the seller, Professional Center Associates, Limited Partnership. This assignment is effective as of December 1, 2014.
EX-10.1 3 purasg.htm Unassociated Document
ASSIGNMENT
OF
PURCHASE AGREEMENT
AEI Property Corporation a Minnesota corporation ("Assignor"), hereby assigns its interest to AEI Net Lease Income & Growth Fund XX Limited Partnership, a Minnesota limited partnership ("Assignee"), in that certain Purchase and Sale Agreement between Assignor and Professional Center Associates, Limited Partnership ("Seller"), dated July 10, 2014, with respect to property known generally as a Fresenius medical clinic located at 1565 Corporate Woods Parkway, Green, Ohio and Assignee hereby assumes management responsibilities and obligations of its interest as Purchaser thereunder.
| Dated: 12/1/2014 | ASSIGNOR: | |
| AEI Property Corporation, | ||
| a Minnesota corporation | ||
| By: | /s/ ROBERT P JOHNSON | |
| | Robert P Johnson, its President | |
| | ||
| ASSIGNEE: | ||
| AEI Net Lease Income & Growth Fund XX | ||
| Limited Partnership, a Minnesota limited partnership | ||
| By: | AEI Fund Management XX, Inc. | |
| | a Minnesota corporation | |
| Its: Corporate General Partner | ||
| | By: | /s/ ROBERT P JOHNSON |
| Robert P Johnson, its Presdient | ||
| | ||
