[Maxus Properties Letterhead]
Via Fax 612-359-5858
and Regular Mail
May 3, 2000
Mr. Bradley J. Schafer
SCHAFERICHARDSON, Inc.
530 Ford Centre
420 North Fifth Street
Minneapolis, MN 55401
RE: Cobblestone Court Sale Agreement
Dear Brad:
The purpose of this letter is to set forth a second amendment to the Cobblestone
Court Shopping Center Sale Agreement dated January 28, 2000 (the "Agreement"),
between Nooney Real Property Investors - Four, L.P. (now known as Maxus Real
Property Investors Four, L.P. - "Seller") and Farrington Properties, Inc.
("Buyer").
Buyer and Seller agree as follows:
1. The initial closing date set forth in Paragraph 8 of the Agreement
was March 28, 2000. By letter agreement dated March 29, 2000, the closing date
for the transaction was extended to May 15, 2000, and the transaction has not
closed.
2. The closing date will be extended from May 15, 2000 to May 22, 2000.
Seller agrees to pay an extension fee of $8,750 ($1,250 per day) at closing for
the extended closing date. Buyer acknowledges that the closing date will not be
extended past May 22, 2000.
All other terms and conditions of the Agreement remain in full force and affect.
1100 Main, Suite 2100 Kansas City, 64105
806-421-4670 P.O. Box 26730 Kansas City, MO 64198 FAX 816-221-1829
<PAGE>
May 3, 2000
Bradley J. Schafer
Page 2
If the terms and conditions of this amendment are acceptable, acknowledge as
such by signing below and returning to me.
Sincerely,
/s/ Daniel W. Pishny
Daniel W. Pishny
President
AGREED BY
Maxus Real Property Investors-Four, L.P. Farrington Properties, Inc.
/s/ Daniel W. Pishny /s/ Bradley J. Schafer
Daniel W. Pishny Bradley J. Schafer
President of Maxus Capital Corp, SCHAFERICHARDSON, INC.
General Partner Managing Agent for Farrington
Properties, Inc.
