Paladin

Amendment 10 1986

This Tenth Amendment lists four unsold units with their Total Purchase Prices, extends the time to use the Plan to twelve months, and reports that the building is complete while the permanent Certificate of Occupancy is still being sought.

• Unsold Units 1703 ($207,900), 1902 ($591,400), 2901 ($604,400) and 2902 ($733,900) listed; prices subject to change under the Plan
• Effective period for using the Plan extended to twelve months from the date hereof
• Building is complete; sponsor is still obtaining approvals for a permanent Certificate of Occupancy (temporary certificate first issued on or about January 17, 1986, periodically renewed)
• Contractor letter from HRH Construction Corporation, dated October 7, 1986, states no asbestos-containing materials are present in the insulating or fireproofing materials in the Building
• Working Capital Fund of $250 contributions noted as partially expended, held at Citibank, N.A.
• Declaration recorded December 17, 1985; first unit closing occurred January 23, 1986 (reported, not changed)
• States there are no other material changes to the Plan

Amendment 9 Apr 1, 1986

This Ninth Amendment raises the Total Purchase Price for the Units, though the new figures are illegible in this copy, and extends the period for using the Plan to six months from the date hereof.

• Total Purchase Price for the Units increased effective immediately (new prices illegible in OCR text)
• Effective period for using the Plan extended to six months from the date hereof

Amendment 8 Apr 1, 1986

This amendment changes the floor finish in the cellar and subcellar public halls to vinyl tile and sets the date through which the plan may be used.

• Floor finishes in the subcellar and cellar public halls changed to vinyl tile
• Plan may be used until August 29, 1986

Amendment 7 Jan 15, 1986

This seventh amendment raises the Total Purchase Price for the Units under a Schedule A (not included in this text) and sets the plan's usable period to August 29, 1986.

• Total Purchase Price for the Units increased per Schedule A, which is not included in this text
• Plan may be used until August 29, 1986

Amendment 6 Nov 18, 1985

This amendment declares the plan effective, sets the first closing location, revises the insurance and power of attorney terms, and makes the Sponsor responsible for removing a decorative brick wall attached to the neighboring building if required.

• Sponsor must remove the decorative brick wall and its supports at its own cost if the adjacent owner requires removal, and this obligation survives closing; no bond or security has been posted
• Unit Owner's Power of Attorney revised to let the Condominium Board and Sponsor accept easements, including one for the wall; each purchaser signs the revised form at closing
• Plan declared effective October 22, 1985, with purchase agreements for more than 17 Residential Units, over 15% of units offered
• First Closing to be held at the offices of Dreyer and Traub, Esqs., 101 Park Avenue, New York, New York; purchasers to be notified of the exact date and time
• Garage keepers liability insurance (described as extraneous) will not be the coverage the Sponsor obtains for the Condominium Board at the first closing (OCR text is garbled)
• Permitted Encumbrances amended to include the Condominium's inability to maintain the brick wall and the adjacent owner's right to require its removal

Amendment 5 Oct 21, 1985

This amendment raises the Total Purchase Price of the units effective immediately, per the new Schedule A, and sets the plan's usable period through August 29, 1986.

• Total Purchase Price for the Units increased, effective immediately, per Schedule A
• Prices remain subject to further change in accordance with the Plan
• Schedule A total printed as $32,591,000.00
• Plan may be used until August 29, 1986
• No other material changes to the Plan except as stated in this amendment

Amendment 4 Oct 1, 1985

This amendment raises the Total Purchase Price for the Units according to a Schedule A that is not included in the text, and sets the Plan's use period to end August 29, 1986.

• Total Purchase Price for the Units increased per Schedule A (not included in this text), subject to further change under the Plan
• Plan may be used until August 29, 1986
• Except as stated in this amendment, no material changes to the Plan

Amendment 3 Sep 20, 1985

This amendment raises the Total Purchase Price for the Units, effective immediately, as set out in a new Schedule A, and extends the period the Plan may be used until August 29, 1986.

• Total Purchase Price for the Units increased, effective immediately, per Schedule A
• Schedule A grand total for the Units: $31,055,500.00
• Plan may be used until August 29, 1986
• Otherwise, no material changes to the Plan