S.V.G. PROPERTIES, L.P.
THIRD AMENDMENT TO THE FOURTH AMENDED AND RESTATED
LIMITED PARTNERSHIP AGREEMENT AND CERTIFICATE
The undersigned, pursuant to N.J.S. 42:2A-16, desiring to amend the Limited
Partnership Certificate of SVG Properties, L.P. , hereby certify as follows:
1. The name of the limited partnership is S.V.G. Properties, L.P.
2. a. The original Certificate of Limited Partnership was filed with the
Secretary of State of New Jersey on May 12, 1987.
b. The Certificate of Limited Partnership was amended and restated on
May 15, 1987, April 12, 1989, August 21, 1989, and November 29, 1994.
c. The Fourth Amended and Restated Limited Partnership Agreement and
Certificate was amended on November 29, 1994 and January 17, 1996.
3. The total capital is restated to be $43,310.
The Fourth Amendment and Restated Partnership Agreement of SVG Properties,
L.P. shall therefore be amended as follows:
a. Article I Section 1.6 shall be amended to read as follows: The
name and place of residence or office address of each general partner and
limited partner is as follows:
Name of Partner
Address
Designation
Roy Michie
Rt. #1 Box 2615
Reedville, VA 22539
Limited
Jon Wright
229 Glenmoor Road
Gladwyn, PA 19035
Limited
Thomas Fee, Sr.
1000 Lenola Road
Bldg. Two, Suite 200
Maple Shade, NJ 08052
Limited
Arthur Marks
7204 North Park Drive
Pennsauken, NJ 08110
Limited
Anthony E. Van Dervort
41 Evergreen Lane
Haddonfield, NJ 08033
Limited
Ivan Gordon
1850 Oak Lane
Reading, PA 19612
Limited
Spring Village Holdings, Inc.
172 Tuckerton Road
Medford, NJ 08055
Limited
Spring Village Holdings, Inc.
172 Tuckerton Road
Medford, NJ 08055
General
b. Article II Section 2.1 shall be amended to read as follows: The
shares of the profits, losses or other compensation by way of income which a
Partner shall receive by reason of a Partner's capital contribution is as
follows:
Name of Partner
% of Ownership
Restated Capital
Roy Michie
1.30%
563.03
Jon Wright
.55%
238.21
Thomas Fee, Sr.
.10%
43.31
Arthur Marks
4.55%
1,970.61
Anthony E. Van Dervort
3.50%
1,515.85
Ivan Gordon
10.00%
4,331.00
Spring Village Holdings, Inc. (Limited)
75.50%
32,699.05
Spring Village Holdings, Inc. (General)
4.5%
1,948.94
TOTAL:
100.00%
43,310.00
4. The effective date of this Amendment shall be upon filing. IN
WITNESS WHEREOF, the parties hereto have caused this Limited Partnership
Agreement to be duly executed on this day of , 1996.
GENERAL PARTNER
SPRING VILLAGE HOLDINGS, INC.
Attest:
By: Harry J. Santoro, President
Harry J. Santoro, Secretary
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