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<br />D. The parties now desire to amend the <br /> <br /> <br />Participation Agreement to provide for an extension of time <br /> <br /> <br />. in vlhich Participant shall provide Agency wi th the funds <br /> <br /> <br />thus called for and complete the purchase from Agency of <br /> <br /> <br />that portion of the subject site designated as the "Sales <br /> <br /> <br />Parcel: in the Participation Agreement, and to provide for <br /> <br /> <br />the terms and conditions upon which the said Participation <br /> <br /> <br />Agreement 8hall be terminated in the event of Participant's <br />failure to do so. <br /> <br />WHEREFORE, for and in consideration of their <br /> <br />. <br /> <br />mutual covenants and promises herein set forth, and subject <br /> <br />to all the terms, conditions, limitations and other <br /> <br /> <br />provisions of the Participation Agreement as hereby amended, <br /> <br /> <br />the parties hereto do hereby agree as follows: <br /> <br /> <br />1. Section II.A. of the Participation Agreement <br /> <br /> <br />is hereby amended to read as follows: <br /> <br />"In accordance with and subject to all terms, <br /> <br /> <br />covenants and conditions of this Agreement, Agency agrees to <br /> <br /> <br />sell the Sales Parcel to Participant and Participant agrees <br /> <br /> <br />to purchase the Sales Parcel from Agency for the total sum <br /> <br /> <br />of Nine Hundred Fifty-Five Thousand Dollars ($955,000.00), <br /> <br /> <br />hereinafter referred to as the 'Purchase Price.' <br /> <br />"The said Purchase Price shall be paid into escrow <br /> <br /> <br />. pursuant to Section II.B. of this Agreement on or before the <br /> <br /> <br />date set for conveyance of title in Attachment No.5, <br /> <br />attached hereto and i~corporated herein by reference, <br />:: <br />entitled 'Schedule of Performance.'" <br /> <br />2. That iJortion, entitled "Conveyance of Title <br />to the Sales Parcel," on Pag~ 3 of Attachment No.5, <br /> <br />enti tIed "Schedule of. Performance," of the Participation <br /> <br />Agreement is hereby amended to read as follows: <br /> <br />. <br /> <br />2. <br /> <br />143 <br /> <br />48 <br />