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07/11/2000 16:20 2225341 VK ARRIGONI PA 16 <br /> COMMERCIAIrINDUSTRIAL PURCHASE AGREEMENT <br /> • 2654 Kenzie Terrace <br /> Page 5 of 5 <br /> ADDENDUM TO PURCHASE AGREEMENT#2 <br /> Dated: May 30,2000 <br /> Property Adthess: 1,654 Kenzie Terrace <br /> Property ID: _ 070292'i24(1n20 and 0702923240021 <br /> FINANCIAL ADDENDUM: <br /> Purchase Price: $625,000.00 <br /> Cash at Closing: . -57,000-00 <br /> Bank Financing: 41 9,M)Q_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 daw of <br /> 15 year amortization with a closing: <br /> • balloon at end of 5"'year) <br /> *Eamest money to be held in trust account by Kraus-Anderson (upon removal of contingencies, earnest <br /> money to be transferred to interest bearing tnist account). <br /> • <br />