Extension Agreement to Contract of Sale between TR Walker Ranch Partners, Ltd. and Triple Net Properties, LLC

Summary

This agreement is between TR Walker Ranch Partners, Ltd., the seller, and Triple Net Properties, LLC, the purchaser, regarding a contract of sale. Triple Net Properties, LLC requests an extension of the Feasibility Period to June 2, 2006, which is agreed to and signed by the seller. The extension allows the purchaser additional time to complete due diligence before finalizing the sale.

EX-10.4 5 a24798exv10w4.htm EXHIBIT 10.4 exv10w4  

EXHIBIT 10.4
           
    David F. Belkowitz Richmond Office
  (804)  ###-###-#### ***@***

  Federal Reserve Bank Building
701 East Byrd Street
Richmond, VA 23219
Telephone: 804 ###-###-####
Fax: 804 ###-###-####
Mailing Address:
Post Office Box 500
Richmond, VA ###-###-####
    Fredericksburg Office:
725 Jackson Street, Suite 200
Fredericksburg, VA ###-###-####
Telephone: 540 ###-###-####
Fax: 540 ###-###-####
www.hf-law.com
ATTORNEYS AT LAW
May 25, 2006
VIA FACSIMILE – 972 ###-###-####
TR Walker Ranch Partners, Ltd.
c/o Thompson Realty Corporation
2505 N. Plano Road, Suite 3000
Richardson, Texas 75082
Attn: W. T. Field.
     Re:   Contract of Sale Between TR Walker Ranch Partners, Ltd., a Texas limited partnership, as seller and Triple Net Properties, LLC, a Virginia limited liability company, as purchaser
Dear Mr. Field:
     On behalf of our client, Triple Net Properties, LLC, the purchaser under the captioned contract, I hereby request an extension of the Feasibility Period to June 2, 2006. If this extension is acceptable, please sign below.
Very truly yours,

David F. Belkowitz
AGREED TO:
TR WALKER RANCH PARTNERS, LTD.
                 
By:   TRDC Walker Partners, Ltd.,    
    General Partner    
 
               
    By:   Thompson Realty Development Corporation,
General Partner
   
 
               
 
      By:   /s/ W. T. Field    
 
               
 
      Its:   PRESIDENT     
 
               
/bh
cc: Mr. Gus Remppies