Document:

Fourth Amendment to Real Estate Sale Agreement

 EXHIBIT 10.5 
 LOFTON PLACE APARTMENTS 
 TAMPA, FLORIDA

 FOURTH AMENDMENT TO REAL ESTATE SALE AGREEMENT 
 THIS FOURTH AMENDMENT TO REAL ESTATE SALE AGREEMENT (this “Amendment”) is made as of the 12th day of August, 2009, by and between
ERP OPERATING LIMITED PARTNERSHIP, an Illinois limited partnership (“Seller”), with an office at c/o Equity Residential, Two North Riverside Plaza, Suite 400, Chicago, Illinois 60606, and NORTHVIEW REALTY GROUP INC., a Canadian corporation
(“Purchaser”), with an office at 550 Sherbrook, Suite 1480, Montreal, OC Canada H3A 1B9. 
 RECITALS 

A.    Seller and Purchaser entered into a Real Estate Sale Agreement dated as of June 8, 2009, as amended by
that certain Reinstatement of and First Amendment to Real Estate Sale Agreement dated as of July 23, 2009, that certain Second Amendment to Real Estate Sale Agreement dated as of August 6, 2009 and that certain Third Amendment to Real
Estate Sale Agreement dated as of August 11, 2009 (collectively, the “Agreement”), pursuant to which Seller agreed to sell to Purchaser, and Purchaser agreed to buy from Seller the Property (as defined in the Agreement). 

B.    Seller and Purchaser have agreed to modify the terms of the Agreement as set forth in this Amendment.

 THEREFORE, in consideration of the above Recitals, the mutual covenants and agreements herein set forth and the benefits to
be derived therefrom, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Purchaser and Seller agree as follows: 
 1.    Incorporation of Recitals; Definitions. The foregoing recitals are incorporated herein as a substantive part of this Amendment. Capitalized terms not otherwise
defined herein shall have the meaning given such terms in the Agreement. Section numbers refer to the corresponding section numbers in the Agreement. 
 2.    Survey. Purchaser has reviewed the Updated Survey but is waiting to receive certain zoning information with respect to matters raised on the Updated Survey. Seller
hereby agrees that Purchaser shall have until 5:00 p.m. (Chicago time) on August 13, 2009 to satisfy itself as to the condition of the Updated Survey. If Purchaser determines that the Updated Survey is unsatisfactory based on said zoning
information and so notifies Seller in writing within the aforesaid time period, the Earnest Money shall be returned to Purchaser, at which time this Agreement shall be null and void and neither party shall have any further rights or obligations
under this Agreement except those which expressly survive termination. Purchaser’s failure to terminate this Agreement pursuant to the foregoing sentence shall be conclusively deemed a waiver by Purchaser of the condition contained in this
Section 2. 

 3.    Effectiveness of Agreement. Except as modified by
this Amendment, all the terms of the Agreement shall remain unchanged and in full force and effect. 
 4.    Counterparts. This Amendment may be executed and delivered in any number of counterparts, each of which shall be deemed to be an original and all of which shall constitute one and the same instrument.
Handwritten signatures to this Amendment transmitted by telecopy or electronic transmission (for example, through use of a Portable Document Format or “PDF” file) shall be valid and effective to bind the party so signing. 
 [remainder of this page intentionally left blank] 
  

 - 2 - 

 IN WITNESS WHEREOF, Seller and Purchaser have executed and delivered this Amendment as of the date first
above written. 
  

					
	SELLER:
	
	 ERP OPERATING LIMITED PARTNERSHIP,
an Illinois limited partnership,

		
	By:	 	Equity Residential, a Maryland real estate investment trust, its general partner
			
		 	By:	 	/s/ Jason Babcock
		 	Name:	 	Jason Babcock
		 	Its:	 	Vice President
	
	PURCHASER:
	
	NORTHVIEW REALTY GROUP INC.,
a Canadian corporation
		
	By:	 	/s/ Charles Thompson
	Name:	 	Charles Thompson
	Its:	 	Authorized Agent

  

 - 3 -Fifth Amendment to Real Estate Sale Agreement

 EXHIBIT 10.6 
 LOFTON PLACE APARTMENTS 
 TAMPA, FLORIDA

 FIFTH AMENDMENT TO REAL ESTATE SALE AGREEMENT 
 THIS FIFTH AMENDMENT TO REAL ESTATE SALE AGREEMENT (this “Amendment”) is made as of the 13th day of August, 2009, by and between
ERP OPERATING LIMITED PARTNERSHIP, an Illinois limited partnership (“Seller”), with an office at c/o Equity Residential, Two North Riverside Plaza, Suite 400, Chicago, Illinois 60606, and NORTHVIEW REALTY GROUP INC., a Canadian corporation
(“Purchaser”), with an office at 550 Sherbrook, Suite 1480, Montreal, OC Canada H3A 1B9. 
 RECITALS 

A.    Seller and Purchaser entered into a Real Estate Sale Agreement dated as of June 8, 2009, as amended by
that certain Reinstatement of and First Amendment to Real Estate Sale Agreement dated as of July 23, 2009, that certain Second Amendment to Real Estate Sale Agreement dated as of August 6, 2009, that certain Third Amendment to Real Estate
Sale Agreement dated as of August 11, 2009 and that certain Fourth Amendment to Real Estate Sale Agreement dated as of August 12, 2009 (collectively, the “Agreement”), pursuant to which Seller agreed to sell to Purchaser, and
Purchaser agreed to buy from Seller the Property (as defined in the Agreement). 
 B.    Seller and
Purchaser have agreed to modify the terms of the Agreement as set forth in this Amendment. 
 THEREFORE, in consideration of the
above Recitals, the mutual covenants and agreements herein set forth and the benefits to be derived therefrom, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Purchaser and Seller agree as
follows: 
 1.    Incorporation of Recitals; Definitions. The foregoing recitals are
incorporated herein as a substantive part of this Amendment. Capitalized terms not otherwise defined herein shall have the meaning given such terms in the Agreement. Section numbers refer to the corresponding section numbers in the Agreement.

 2.    Zoning. Purchaser has informed Seller that Purchaser is not satisfied with certain
information Purchaser has received pertaining to a zoning matter concerning the number of parking spaces located on the Property (the “Zoning Matter”). Purchaser has requested that Seller agree to allow additional time for Purchaser to
satisfy its lender as to the Zoning Matter and to proceed before the Board of County Commissioners for Hillsborough County, Florida, for the purpose of obtaining a Minor Change to General Development Plan approving a reduction in the number of
required parking spaces for the Property from 560 spaces to 486 spaces (the “Minor Change”). Seller agrees to reasonably cooperate with Purchaser to obtain the Minor Change. Seller hereby agrees that provided that Purchaser uses diligent
efforts to pursue the

 
Minor Change, Purchaser shall have until 5:00 p.m. (Chicago time) on September 3, 2009 (the “Minor Change Deadline”) (a) to satisfy its lender as to the Zoning Matter and any
additional zoning matter that may hereafter arise in connection therewith with which Purchaser’s lender finds unacceptable, in its reasonable discretion (the “Lender Approval”), and (b) to obtain the Minor Change. If either:
(x) Purchaser fails to receive either or both of Lender’s Approval and the Minor Change, or (y) if Purchaser has received the Lender Approval and the Minor Change prior to the Minor Change Deadline, but Purchaser’s Lender can no
longer finance Purchaser’s acquisition of the Property as contemplated by the Agreement at a rate of interest less than six and 50/100ths percent (6.50%) per annum, by written notice to Seller in writing prior to the Minor Change Deadline
Purchaser may elect to terminate the Agreement, in which event the Earnest Money shall be returned to Purchaser, the Agreement shall be null and void and neither party shall have any further rights or obligations under the Agreement except those
which expressly survive termination. Purchaser’s failure to terminate the Agreement prior to the Minor Change Deadline shall be conclusively deemed a waiver by Purchaser of its termination right set forth in this Section 2. 
 3.    Effectiveness of Agreement. Except as modified by this Amendment, all the terms of the Agreement
shall remain unchanged and in full force and effect. 
 4.    Counterparts. This Amendment may
be executed and delivered in any number of counterparts, each of which shall be deemed to be an original and all of which shall constitute one and the same instrument. Handwritten signatures to this Amendment transmitted by telecopy or electronic
transmission (for example, through use of a Portable Document Format or “PDF” file) shall be valid and effective to bind the party so signing. 
 [remainder of this page intentionally left blank] 
  

 - 2 - 

 IN WITNESS WHEREOF, Seller and Purchaser have executed and delivered this Amendment as of the date first
above written. 
  

					
	SELLER:
	
	 ERP OPERATING LIMITED PARTNERSHIP,
an Illinois limited partnership,

		
	By:	 	Equity Residential, a Maryland real estate investment trust, its general partner
			
		 	By:	 	/s/ Matt Wakenight
		 	Name:	 	Matt Wakenight
		 	Its:	 	First Vice President
	
	PURCHASER:
	
	NORTHVIEW REALTY GROUP INC.,
a Canadian corporation
		
	By:	 	/s/ Doug Reim
	Name:	 	Doug Reim
	Its:	 	Principal

  

 - 3 -Sixth Amendment to Real Estate Sale Agreement

 EXHIBIT 10.7 
 LOFTON PLACE APARTMENTS 
 TAMPA, FLORIDA

 SIXTH AMENDMENT TO REAL ESTATE SALE AGREEMENT 
 THIS SIXTH AMENDMENT TO REAL ESTATE SALE AGREEMENT (this “Amendment”) is made as of the 1st day of September, 2009, by and between ERP OPERATING LIMITED
PARTNERSHIP, an Illinois limited partnership (“Seller”), with an office at c/o Equity Residential, Two North Riverside Plaza, Suite 400, Chicago, Illinois 60606, and NORTHVIEW REALTY GROUP INC., a Canadian corporation
(“Purchaser”), with an office at 550 Sherbrook, Suite 1480, Montreal, OC Canada H3A 1B9. 
 RECITALS 

A.    Seller and Purchaser entered into a Real Estate Sale Agreement dated as of June 8, 2009, as amended by
that certain Reinstatement of and First Amendment to Real Estate Sale Agreement dated as of July 23, 2009, that certain Second Amendment to Real Estate Sale Agreement dated as of August 6, 2009, that certain Third Amendment to Real Estate
Sale Agreement dated as of August 11, 2009, that certain Fourth Amendment to Real Estate Sale Agreement dated as of August 12, 2009 and that certain Fifth Amendment to Real Estate Sale Agreement dated as of August 13, 2009 (the
“Fifth Amendment”) (collectively, as amended, the “Agreement”), pursuant to which Seller agreed to sell to Purchaser, and Purchaser agreed to buy from Seller the Property (as defined in the Agreement). 
 B.    Seller and Purchaser have agreed to modify the terms of the Agreement as set forth in this Amendment. 

THEREFORE, in consideration of the above Recitals, the mutual covenants and agreements herein set forth and the benefits to be derived
therefrom, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Purchaser and Seller agree as follows: 
 1.    Incorporation of Recitals; Definitions. The foregoing recitals are incorporated herein as a substantive part of this Amendment. Capitalized terms not otherwise
defined herein shall have the meaning given such terms in the Agreement. Section numbers refer to the corresponding section numbers in the Agreement. 
 2.    Zoning. Purchaser and Seller hereby acknowledge and agree that the Minor Change Deadline is hereby extended until 5:00 p.m. (Chicago time) on September 14,
2009 and all terms, covenants and conditions of Section 2 of the Fifth Amendment shall otherwise apply. 
 3.    Closing Date. Seller and Purchaser hereby agree to amend the Agreement to provide that the Closing Date provided in Section 4.1 of the Agreement shall be extended to occur through escrow at 11:00
am. (Chicago time) on September 24, 2009. 

 4.    Effectiveness of Agreement. Except as modified by
this Amendment, all the terms of the Agreement shall remain unchanged and in full force and effect. 
 5.    Counterparts. This Amendment may be executed and delivered in any number of counterparts, each of which shall be deemed to be an original and all of which shall constitute one and the same instrument.
Handwritten signatures to this Amendment transmitted by telecopy or electronic transmission (for example, through use of a Portable Document Format or “PDF” file) shall be valid and effective to bind the party so signing. 
 [remainder of this page intentionally left blank] 
  

 - 2 - 

 IN WITNESS WHEREOF, Seller and Purchaser have executed and delivered this Amendment as of the date first
above written. 
  

					
	SELLER:
	
	 ERP OPERATING LIMITED PARTNERSHIP,
an Illinois limited partnership,

		
	By:	 	Equity Residential, a Maryland real estate investment trust, its general partner
			
		 	By:	 	/s/ Jason Babcock
		 	Name:	 	Jason Babcock
		 	Its:	 	Vice President
	
	PURCHASER:
	
	NORTHVIEW REALTY GROUP INC.,
a Canadian corporation
		
	By:	 	/s/ Doug Reim
	Name:	 	Doug Reim
	Its:	 	Principal

  

 - 3 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00163-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00163-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00163-of-00352.parquet"}]]