SEC Contract Filing

Filing Date: 2015-09-01

Document Content:
<DOCUMENT>
<TYPE>EX-10.22
<SEQUENCE>23
<FILENAME>ex1022purchaseagmtamdt2ken.htm
<DESCRIPTION>EXHIBIT 10.22
<TEXT>
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<a name="s9c0f88ec85584cc09cb39597545332cd"></a><div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">EXHIBIT 10.22</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><br><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">&#32;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;">[Regency by the Vineyard, Euless, Texas]</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">THIS SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT (this "</font><font style="font-family:inherit;font-size:11pt;font-style:italic;font-weight:bold;">Amendment</font><font style="font-family:inherit;font-size:11pt;">") is entered into to be effective as of August 6, 2015, by and between </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">AP WP VINEYARD REIT LLC, </font><font style="font-family:inherit;font-size:11pt;">a Delaware limited liability company ("</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Seller</font><font style="font-family:inherit;font-size:11pt;">"), and </font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">STEADFAST ASSET HOLDINGS, INC</font><font style="font-family:inherit;font-size:11pt;">., a California corporation ("</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Purchaser</font><font style="font-family:inherit;font-size:11pt;">").</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Recitals:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">A.&#160;&#160;&#160;&#160;Seller and Purchaser are parties to that certain Purchase and Sale Agreement effective June 29, 2015, relating to the purchase and sale of that certain real property commonly known as Regency by the Vineyard, Euless, Texas as more particularly described therein, as amended by (i) email exchange of counsel dated July 30, 2015 and (ii) that certain First Amendment to Purchase and Sale Agreement dated July 31, 2015 (collectively the "</font><font style="font-family:inherit;font-size:11pt;text-decoration:underline;">Contract</font><font style="font-family:inherit;font-size:11pt;">").</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">B.&#160;&#160;&#160;&#160;Seller and Purchaser desire to amend the Contract as provided below.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Agreement:</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">NOW, THEREFORE, in consideration of Ten and No/100 Dollars ($10.00) and the mutual agreements herein contained, and in reliance thereon, Seller and Purchaser hereby agree as follows:</font></div><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="padding-bottom:14px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:0px;"><font style="font-family:inherit;font-size:12pt;">1.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;text-decoration:underline;">Defined Terms</font><font style="font-family:inherit;font-size:11pt;">. Except as expressly defined in this Amendment, all capitalized terms have the meaning(s) assigned in the Contract.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:0px;"><font style="font-family:inherit;font-size:12pt;">2.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;text-decoration:underline;">Parallel Agreements</font><font style="font-family:inherit;font-size:11pt;">. </font></div></td></tr></table><div style="line-height:120%;text-align:justify;padding-left:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><font style="font-family:inherit;font-size:12pt;">(a)</font></div></td><td style="vertical-align:top;"><div styl