17-2960 Amendment to Sherwood Forest 1 Contract for Purchase

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FIRST AMENDMENT TO CONTRACT FOR PURCHASE AND SALE THIS FIRST AMENDMENT TO CONTRACT FOR PURCHASE AND SALE ("Amendment") is made by and between SHERWOOD FOREST I, LLC, a Florida limited liability company and SHERWOOD FOREST II, LLC, a Florida limited liability company (hereinafter referred to as "Seller"), and the CITY OF CASSELBERRY, FLORIDA, a Florida municipal corporation (hereinafter referred to as 'Buyer"). RECITALS A. Seller and Buyer have entered into a certain Contract for Purchase and Sale with an Effective Date of February 27, 2017, (the "Contract") for the sale and purchase of certain real property described therein. B. The parties agree to extend the Closing Date set forth in the Contract. NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, the Parties agree as follows: 1. The above Recitals are true and correct, are incorporated herein by reference and form a material part of this Amendment. 2. The Parties agree that the Closing Date referenced in Article III of the Contract shall be extended to on or before June 13, 2017. 3. Except as modified by this Amendment, the terms and conditions of the Contract are ratified and confirmed by the Parties. In the event of a conflict between the terms of this Amendment and the terms of the Contract, the terms of this Amendment shall govern. All defined terms used in this Amendment shall have the meaning assigned to them in the Contract, unless otherwise expressly stated herein. 4. Counterpart Execution. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which, together, shall constitute but one instrument. Facsimile signatures may be deemed binding for this Amendment, or any modification or amendment hereto, provided that originals of same are delivered within a reasonable time. [signature pages to follow]