Assignment Agreement between Minto Builders (Florida), Inc. and MB Sherman Town Center Limited Partnership (July 14, 2006)
Minto Builders (Florida), Inc. is transferring all its rights and interests in a real estate purchase agreement, originally dated May 18, 2005, to MB Sherman Town Center Limited Partnership. MB Sherman Town Center Limited Partnership accepts this assignment and agrees to fulfill all obligations of the purchaser under the original agreement. The property involved is located in Texas, as described in the original purchase agreement. This document formalizes the transfer of contractual rights and responsibilities between the two parties.
Exhibit 10.128
ASSIGNMENT
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| MB Sherman Town Center Limited Partnership | DATE: July 14, 2006 |
FROM: Minto Builders (Florida), Inc.
For value received, Minto Builders (Florida), Inc., hereby transfers, sets over and assigns all its rights and interest in and to that certain real estate purchase agreement dated May 18, 2005 (the “Purchase Agreement”), for the property listed therein, located within the State of Texas, and more particularly described in such agreement, to MB Sherman Town Center Limited Partnership.
For value received, MB Sherman Town Center Limited Partnership hereby accepts the foregoing assignment and agrees to perform the obligations of Purchaser set forth in the Purchase Agreement.
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| Minto Builders (Florida), its sole member | ||||||
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| By: | /s/ Valerie Medina |
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| Title: | Asst. Secretary, Valerie Medina |
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| MB SHERMAN TOWN CENTER LIMITED PARTNERSHIP, | ||||||
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| AN ILLINOIS LIMITED PARTNERSHIP | ||||||
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| BY: MINTO BUILDERS (FLORIDA), INC., a Florida | ||||||
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| corporation, its Signatory Trustee | ||||||
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| By: | /s/ Valerie Medina |
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| Name: | Valerie Medina |
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| Its: | Asst. Secretary |
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C: the Seller’s listed in the Purchase Agreement
