florida housing finance corporation · b community development llc, a florida limited liability...

General Partner:

Center Point Senior Apartments Limited Partnership Applicant Ownership Structure

Center Point Senior Apartments GP LLC (0.01%)

Manager of GP: Donald W. Paxton Sole Member of GP: Beneficial Holdings 13 LLC (100%)

Manager: Donald W. Paxton Members:

Beneficial Holdings Ill LLC, (70%} Manager: Donald W. Paxton Members: Paxton Family Holdings, LLC (90%)

Manager/Sole Member: Donald W. Paxton

O'Grady Family Holdings, LLC (10%) Manager/ Sole Member. Kathleen OGrady

B Community Holdings LLC, a Florida limited Liability Company (30%) Manager: Donald W. Paxton Member: Paxton Family Holdings, LLC (100%)

Manager/Sole Member: Donald W. Paxtoo

Limited Partner: Donald W. Paxton (to be replaced at syndication closing) (99.99%) There are no warrant holders or option holders in the proposed development

Members:

Manager:

4839-8093-2885.2 32054/0038

Beneficial Development 15 LLC Developer Structure

Beneficial Development Ill LLC

Members: Paxton Family Development, LLC Manager I Sole Member: Donald W. Paxton

O'Grady Family Development, LLC Manaaer I Sole Member: Kathleen O'Grady

Manager: Donald W. Paxton

B Community Development LLC, a Florida limited liability company

Member: Paxton Family Development, LLC Manager I Sole Member: Donald W. Paxton

Manager. Donald W. Paxton

Donald W. Paxton

To Escrow Agent: Broad and Cassel 390 N. Orange Avenue, Suite 1400 Orlando, Florida 32801 Attn: Heather Toft, Esq. Phone: (407) 839-4200 Fax: (407) 425-8377 Email: htoft@broadandcassel.com

7. EFFECT OF AMENDMENT ON AGREEMENT; CONFLICTING TERMS. Except as amended and modified herein, the remaining terms and provisions of the Agreement shall remain in full force and effect. In the event of any conflict between the terms of the Agreement and the terms of this Amendment, the tenns of this Amendment shall control.

8. COUNTERPARTS; FACSIMILE SIGNATURES. This Amendment may be executed in multiple counterparts, each of which shall be deemed an original but all of which, together, shall constitute one instrument. For the purposes of this Amendment, an executed facsimile or electronically delivered counterpart copy of this Amendment shall be deemed an original for all purposes.

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date first hereinabove wntten.

SELLER:

PURCHASER:

BENEFIL"IAL DEVELOPMENT 14. LLC, a Florida limited liability company

Manager

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