Document:

Exhibit 10.9

 

SECOND AMENDMENT TO PURCHASE AGREEMENT

 

This SECOND AMENDMENT TO
PURCHASE AGREEMENT (this “Amendment”) is made as of May 17, 2022, by and between HAROLD ALLEN AND BRENDA D. ALLEN,
each an individual (collectively, the “Seller”) and MHP PURSUITS LLC, a North Carolina limited liability company (the
“Buyer”), and provides as follows:

 

RECITALS

 

A. Seller
and Buyer have entered into that certain Agreement for Purchase and Sale of Real Property dated as of February 11, 2022 (the “Purchase
Agreement”), pursuant to which Seller agreed to sell to Buyer certain real property and improvements owned by Seller, located in
Clyde, North Carolina, which property is more particularly described in the Purchase Agreement (the “Property”).

 

B. The
parties desire to amend the terms of the Purchase Agreement to extend the Examination Period, and to that end have entered into this Amendment.

 

AMENDMENT

 

NOW, THEREFORE, in
consideration of the mutual covenants and agreements contained herein and other good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the parties agree as follows:

 

1. Capitalized
Terms. Capitalized terms used herein, unless otherwise defined in this Amendment, shall have the same meanings as those
given in the Purchase Agreement.

 

2. Examination
Period. The Examination (Due Diligence) Period set out in Section 1(e) of the Purchase Agreement is hereby extended until
June 15, 2022.

 

3. Effect
of Amendment; Ratification. The parties hereby acknowledge and agree that, except as provided in this Amendment, the Purchase
Agreement has not been modified, amended, canceled, terminated, released, superseded or otherwise rendered of no force or effect. The
Purchase Agreement as hereby amended is hereby ratified and confirmed by the parties hereto, and every provision, covenant, condition,
obligation, right, term and power contained in and under the Purchase Agreement, as amended herein, shall continue in full force and effect,
affected by this Amendment only to the extent of the amendments and modifications set forth above, and each shall continue to be binding
upon and inure to the benefit of the successors and assigns of each party hereto. In the event of a conflict between the terms of the
Purchase Agreement and this Amendment, this Amendment shall control.

 

4. Governing
Law; Counterparts. This Amendment shall be governed by, and construed in accordance with, the laws of the State of North Carolina,
without giving effect to any conflict or choice of law provision that would result in the imposition of another state’s law. This
Amendment may be executed in any number of counterparts, each of which shall be an original and all of which, when taken together, shall
constitute one agreement. Signatures transmitted via facsimile or electronic mail shall be deemed originals.

 

REMAINDER OF PAGE LEFT INTENTIONALLY BLANK

SIGNATURE PAGE TO FOLLOW

 

     

     

    

 

SIGNATURE PAGE TO FIRST AMENDMENT TO PURCHASE
AGREEMENT

 

IN WITNESS WHEREOF,
the parties have executed this First Amendment to Purchase Agreement pursuant to due authority as of the date first above written.

 

	 	BUYER:
	 	 
	 	MHP PURSUITS LLC,
	 	a North Carolina limited liability company
	 	 
	 	By:	 /s/ Adam Martin
	 	Name: 	 Adam Martin
	 	Its: 	Chief Investment Officer
	 	 
	 	SELLER:
	 	 
	 	HAROLD ALLEN
	 	 
	 	/s/ Harold Allen
	 	 
	 	BRENDA D. ALLEN
	 	 
	 	/s/ Brenda D. AllenExhibit 10.10

 

FOURTH AMENDMENT TO PURCHASE AGREEMENT

 

This THIRD AMENDMENT TO
PURCHASE AGREEMENT (this “Amendment”) is made as of July 22, 2022, by and between HAROLD ALLEN AND BRENDA D. ALLEN,
each an individual (collectively, the “Seller”) and MHP PURSUITS LLC, a North Carolina limited liability company (the
“Buyer”), and provides as follows:

 

RECITALS

 

A. Seller
and Buyer have entered into that certain Agreement for Purchase and Sale of Real Property dated as of February 11, 2022 (the “Purchase
Agreement”), pursuant to which Seller agreed to sell to Buyer certain real property and improvements owned by Seller, located in
Clyde, North Carolina, which property is more particularly described in the Purchase Agreement (the “Property”).

 

B. The
parties desire to amend the terms of the Purchase Agreement to extend the Examination Period, and to that end have entered into this Amendment.

 

AMENDMENT

 

NOW, THEREFORE, in
consideration of the mutual covenants and agreements contained herein and other good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the parties agree as follows:

 

1. Capitalized
Terms. Capitalized terms used herein, unless otherwise defined in this Amendment, shall have the same meanings as those
given in the Purchase Agreement.

 

2. Closing.
The Closing date Section 1(c) of the Purchase Agreement is hereby extended until July 29, 2022.

 

3. Effect
of Amendment; Ratification. The parties hereby acknowledge and agree that, except as provided in this Amendment, the Purchase
Agreement has not been modified, amended, canceled, terminated, released, superseded or otherwise rendered of no force or effect. The
Purchase Agreement as hereby amended is hereby ratified and confirmed by the parties hereto, and every provision, covenant, condition,
obligation, right, term and power contained in and under the Purchase Agreement, as amended herein, shall continue in full force and effect,
affected by this Amendment only to the extent of the amendments and modifications set forth above, and each shall continue to be binding
upon and inure to the benefit of the successors and assigns of each party hereto. In the event of a conflict between the terms of the
Purchase Agreement and this Amendment, this Amendment shall control.

 

4. Governing
Law; Counterparts. This Amendment shall be governed by, and construed in accordance with, the laws of the State of North Carolina,
without giving effect to any conflict or choice of law provision that would result in the imposition of another state’s law. This
Amendment may be executed in any number of counterparts, each of which shall be an original and all of which, when taken together, shall
constitute one agreement. Signatures transmitted via facsimile or electronic mail shall be deemed originals.

 

REMAINDER OF PAGE LEFT INTENTIONALLY BLANK

SIGNATURE PAGE TO FOLLOW

 

     

     

    

 

SIGNATURE PAGE TO FOURTH AMENDMENT TO PURCHASE
AGREEMENT

 

IN WITNESS WHEREOF,
the parties have executed this Third Amendment to Purchase Agreement pursuant to due authority as of the date first above written.

 

	 	BUYER:
	 	 
	 	MHP PURSUITS LLC,
	 	a North Carolina limited liability company
	 	 
	 	By:	 /s/ Adam Martin
	 	Name: 	 Adam Martin
	 	Its:	 Chief Investment Officer
	 	 
	 	SELLER:
	 	 
	 	HAROLD ALLEN
	 	 
	 	/s/ Harold Allen
	 	 
	 	BRENDA D. ALLEN
	 	 
	 	/s/ Brenda D. AllenExhibit
10.11

 

ASSIGNMENT
OF PURCHASE AND SALE AGREEMENT

 

THIS
ASSIGNMENT OF PURCHASE AND SALE AGREEMENT (this “Assignment”) dated JULY 12, 2022, is made by and among MHP PURSUITS
LLC, a North Carolina limited liability company (the “Assignor”), and RED FOX MHP LLC, a North Carolina limited
liability company (the “Assignee”), and provides as follows:

 

RECITALS

 

A. Pursuant
to that certain Purchase and Sale Agreement dated as of on or about FEBURARY 11, 2022 (the “Purchase Agreement”), by and
among Assignor, and HAROLD ALLEN and BRENDA ALLEN (the “Sellers”). Assignor agreed to purchase from Sellers certain
Property (as defined in the Purchase Agreement) owned by Seller, located in Haywood County, North Carolina, +/- 8.97 acres and 51 Manufactured
Homes located at 26 Shelton Road, Clyde, NC, and said Property is more particularly described in the Purchase and Sale Agreement (“PSA”),
a copy of which is attached hereto as Exhibit A, and by this reference made a part hereof.

 

B. Assignor
desires to assign to Assignee, and Assignee desires to assume from Assignor, as more particularly described below, all of Assignor’s
rights and obligations pursuant to the Purchase Agreement relating to the Property.

 

AGREEMENT

 

NOW,
THEREFORE, for good and valuable consideration, the receipt and legal sufficiency of which is hereby acknowledged, Assignor and Assignee
agree as follows:

 

1.
Capitalized Terms. Capitalized terms used herein, unless otherwise defined in this Assignment, shall have the same meanings as
those given in the Purchase Agreement.

 

2.
 Assignment. Assignor hereby transfers, assigns and conveys to Assignee all of Assignor’s right, title and interest
in, to and under the Purchase Agreement, including, but not limited to, the Earnest Money, and delegates to Assignee all of its duties
and obligations and liabilities in, to and under the PSA.

 

3. Assumption
and Acceptance. Assignee hereby accepts the assignments as aforesaid, and assumes and agrees to perform the duties, obligations and
liabilities of Assignor under the Purchase Agreement as set forth therein assumed by Assignee pursuant to this Assignment.

 

4. Entire
Agreement. This Assignment embodies the entire agreement of Assignor, and Assignee with respect to the subject matter of this Assignment
and it supersedes any prior agreements, whether written or oral, with respect to the subject matter of this Assignment. This Assignment
may be modified only by a written instrument duly executed by Assignor and Assignee.

 

5. Binding
Effect. The terms and provisions of this Assignment will inure to the benefit of, and will be binding upon, the heirs, executors,
personal representatives, successors and assigns of Assignor and Assignee.

 

[REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

 

[SIGNATURE
PAGE TO FOLLOW]

 

     

     

    

 

SIGNATURE
PAGE TO ASSIGNMENT OF PURCHASE AND SALE AGREEMENT

 

IN
WITNESS WHEREOF, and intending to be legally bound hereby, Assignor and Assignee have executed this Assignment as of the day and
year first above written.

 

	 	ASSIGNOR:
	 	 	 
	 	MHP PURSUITS LLC,
	 	a North Carolina limited liability company
	 	 	 
	 	By:	/s/ Adam Martin
	 	Name: 	Adam Martin
	 	Its:	CIO

 

	 	ASSIGNEE:
	 	 	 
	 	REX FOX MHP LLC,
	 	a North Carolina limited liability company
	 	 
	 	By: 	Manufactured
  Housing Properties Inc., 

a Nevada corporation

 

	 	By:	/s/
  Jay Wardlaw III
	 	Name: 	Jay Wardlaw III
	 	Title:
	President

 

    2

     

    

 

EXHIBIT
A

 

PURCHASE
AND SALE AGREEMENT

 

(See
attached.)

 

 

3

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