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Assignment of Agreement of Purchase and Sale

(Short Form)

THIS ASSIGNMENT made as of [Date (ie. July 31, 2002)] between [Name of Assignor (ie.
Original Purchaser of Property)] (the “Assignor”) and [Name of Assignee (Person taking
over the Purchase Agreement)] (the “Assignee”).


(A) The Assignor entered into an Agreement of Purchase and Sale dated and accepted on
[Date of Purchase Agreement (ie. January 31, 2002)] between the Assignor as buyer and
[Name of Seller of Property in Purchase Agreement] (the “Seller”) as seller (the
"Purchase Agreement"), pursuant to which the Assignor agreed to purchase from the
Seller certain lands and premises municipally described [Municipal Address of Property
which is the subject of the Purchase Agreement], and legally described as [Legal
Description of Property which is the subject of the Purchase Agreement] (the "Property")
in accordance with the terms and conditions thereof; and

(B) The Assignor now wishes to assign to the Assignee and the Assignee wish to be assigned,
all of the Assignor' right, title and interest in and to the Purchase Agreement;

NOW THEREFORE this Agreement witnesses that in consideration of the mutual covenants
and agreements hereinafter set forth, and for other good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the parties hereby agree as follows:

1. The Assignor hereby transfers, assigns and sets over unto the Assignee all of its right, title
and interest in and to the Purchase Agreement.

2. Concurrently with the execution of this Agreement, the Assignee hereby pays or agrees to
forthwith reimburse the Assignor with all deposits and other amounts paid by the
Assignor in accordance with the terms and conditions of the Purchase Agreement.

3. The Assignor hereby covenants, warrants and represents that:

(a) the Purchase Agreement is in full force and effect, in accordance with its terms,
unamended by the parties thereto, and all monies payable thereunder to the date
hereof have been paid;

(b) neither the Assignor nor the Seller are in default of any obligations under the
Purchase Agreement;

(c) the Assignor has received no notices from the Seller pursuant to the provisions of
the Purchase Agreement; and

(d) the Assignor has not previously assigned the Purchase Agreement, or any right,
title or interest therein.

4. The parties hereto agree to execute such further documentation and perform such further
acts as may reasonably be requested from one another to more perfectly give effect to the
terms and conditions of this Assignment.

5. The Assignee hereby assumes the obligations of the Assignor under the Purchase
Agreement, and further hereby indemnifies and saves harmless the Assignor from and
against any and all claims, demands, losses, costs and damages which the Assignor may
suffer or incur as a result of the default by the Assignee of its obligations under the
Purchase Agreement.

6. All of the covenants, warranties and representations made hereunder shall survive closing
of the Purchase Agreement and shall not merge therewith.

7. This Assignment shall enure to the benefit of, and be binding upon, the respective heirs,
successors and assigns of the parties hereto.

IN WITNESS WHEREOF the parties hereto have executed this Assignment as of the date first
above written.