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07/11/2000 16:20 2225341 VK ARRIGONI PAG <br /> 51 <br /> COMMEKCIAL-j DUSTRIAL PYJK HASE AGREEMENT <br /> • 2654 Kenzie Terrace <br /> page 5 of 5 <br /> ADDENDUM TD PURCHASE AGREEMENT#2 <br /> Dated: May 30,200a <br /> Property Address; 2654 Kenzie Terrace <br /> Property ID: _ 0702c1232400m and 0702923240021 <br /> FINANCIAL ADDENDUM: <br /> Purchase Price: $525.000.00 <br /> Cash ai Closing: 57,000.00 <br /> Bank Financing: 41 9N O-00 <br /> Seller Financing: 150,000.00 by second mortgage, 5 year term. Payments to begin 90 <br /> (Note at a.rate of 8-1/2% for days after closing, however, interest will accrue as of dale of <br /> 15 year amortization with a closing: <br /> • balloon at end of 5"year.) <br /> *Earnest money to be held in trust account by Kraus-Anderson (upon removal of contingencies, earnest <br /> money to be transferred to interest bearing trust account)_ <br /> • <br />