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CASSELBERRY GOLF CLUB <br />THIRD AMENDMENT TO PURCHASE AGREEMENT <br />THIS THIRD AMENDMENT TO PURCHASE AGREEMENT (this "Amendment ") is <br />made by and between CASSELBERRY GOLF COMPANY, a Florida corporation (hereinafter <br />referred to as "Seller "), with a principal address of 300 S. Lake Triplett Drive, Casselberry, FL <br />32707, the CITY OF CASSELBERRY, FLORIDA, a Florida municipal corporation <br />(hereinafter referred to as 'Buyer "), with a principal address of 95 Triplet Lake Drive, <br />Casselberry, FL 32707. <br />RECITALS <br />A. Seller and Buyer have entered into a certain Purchase Agreement with an <br />Effective Date of March 26, 2015, which was amended pursuant to Amendment to Purchase <br />Agreement dated n e o? a. , 2015, and Second Amendment to Purchase Agreement <br />dated Q/a �n e �� , 2015, (the "Purchase Agreement ") for the sale and purchase of certain <br />real and personal property described therein generally known as the Casselberry Golf Club. <br />B. The parties agree that some of the deadlines set forth in the Purchase Agreement <br />need to be extended. <br />NOW, THEREFORE, in consideration of the premises and mutual covenants herein <br />contained, the Parties agree as follows: <br />1. The Parties agree to extend the date for Survey Objections (Section 3.15) to <br />August 7, 2015. <br />2. Except as modified by this Third Amendment, the terms and conditions of the <br />Purchase Agreement are ratified and confirmed by the Parties. In the event of a conflict between <br />the terms of this Third Amendment and the terms of the Purchase Agreement, the terms of this <br />Third Amendment shall govern. All defined terms used in this Third Amendment shall have the <br />meaning assigned to them in the Purchase Agreement, unless otherwise expressly stated herein. <br />3. Counterpart Execution. This Third Amendment may be executed in two or more <br />counterparts, each of which shall be deemed an original, but all of which, together, shall <br />constitute but one instrument. Facsimile signatures may be deemed binding for this Third <br />Amendment, or any modification or amendment hereto, provided that originals of same are <br />delivered within a reasonable time. <br />[signature pages to follow] <br />1 <br />