22CECG00415 — Fresno City Council, April 21, 2022

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1 COMPLAINT

TYLER & BURSCH, LLP
Nathan R. Klein, State Bar No. 306268
[email protected]
25026 Las Brisas Road
Murrieta, California 92562
Telephone: (951) 600-2733
Facsimile: (951) 600-4996

Attorneys for Plaintiff Adventure Church, Inc.

SUPERIOR COURT OF THE STATE OF CALIFORNIA

FOR THE COUNTY OF FRESNO

ADVENTURE CHURCH, INC., a California
religious non-profit corporation

Plaintiff,

TOWER THEATER PRODUCTIONS FOR
THE PERFORMING ARTS, a California
public benefit non-profit corporation; TOWER
THEATRE PRODUCTIONS, a California
general partnership; and DOES 1-20,
inclusive,

Defendants.

Case No.:

COMPLAINT FOR:

1. BREACH OF CONTRACT –

SPECIFIC PERFORMANCE

INTRODUCTION
Plaintiff ADVENTURE CHURCH, INC. (“AC” or “Plaintiff”) hereby brings this complaint demanding specific performance, from Defendants TOWER THEATER PRODUCTIONS FOR THE PERFORMING ARTS (“Tower Corp.”) and TOWER THEATRE PRODUCTIONS (“Tower GP”) (collectively also referred to as “Defendants” or “Tower Parties”), of the contract entered into between them on or about September 29, 2020, including any amendments thereto.

PARTIES

1. Plaintiff Adventure Church, Inc., is and at all relevant times was a religious nonprofit corporation formed and existing under the laws of the State of California. AC exists to practice its

E-FILED
2/8/2022 2:34 PM
Superior Court of California
County of Fresno
By: A. Ramos, Deputy
22CECG00415
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2 COMPLAINT

religion as a Christian church and operates in the City of Fresno, State of California. AC is in good standing to conduct and operate its purpose.

2. Plaintiff alleges on information and belief that Defendant Tower Corp., is and at all relevant times was a public benefit nonprofit corporation formed and existing under the laws of the State of California. Towe r Corp. is in good standing to conduct and operate its purpose. Tower Corp., is the entity that signed the contract at issue between Plaintiff and Defendants.

3. Plaintiff alleges on information and belief that Defendant Tower GP is and at all relevant times was a general partnership formed and existing under the laws of the State of California. Tower GP is the legal title owner of the property that is subject of this lawsuit and the underlying purchase and sale contract per Fresno County’s assessor rolls.

4. Defendants DOES 1 through 20, inclusive, are sued by fictitious names because their true names and capacities, whether individual, corporate, associate or otherwise, and/or their responsibility, culpability and liability for the act alleged herein, are unknow n to Plaintiff at this time. When their true names, capacities, responsibility, culpability and liability are ascertained, Plaintiff will amend this complaint accordingly.

5. Plaintiff alleges on information and belief that each defendant sued herein as “DOE” is responsible and liable in some manner for the acts and events referred to herein. Defendants and each fictitiously named DOE defendant was the agent, representative, co -conspirator, aider and abettor, alter ego, successor-in-interest, assignee or employee of each other Defendant, and in doing the things alleged herein was acting with the course and scope of such agency, representation, conspiracy, alter ego, succession, assignment and employment.

JURISDICTION AND VENUE

6. Jurisdiction in this court is proper because the subject real property is located in Fresno County. Plaintiff and Defendants’ principal place of business is located in Fresno County.

The contract at issue was negotiated and executed within Fresno County. There is a related lawsuit filed by J&A Mash & Barrel, LLC, case no.: CECG2100440, that is at issue involving the same real property, similar parties, and similar issues. Venue is proper in Fresno County under the Code of Civil Procedure for these similar reasons.
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3 COMPLAINT

GENERAL ALLEGATIONS

7. This case relates to two commercial property parcel s located in Fresno, California bounded by E Fern Avenue, N. Linden Avenue, E. Olive Avenue, and N. Wishon Avenue. The first property is commonly addressed as 777 – 815 E. Olive Avenue, APN 451 -265-03 (the “Tower Theater Parcel”). The second property is commonly addressed as 1247 N. Wishon Avenue, APN 451-265-02 (“Me -n-Ed’s Parcel”). Collectively they are referred to as the “Property” unless otherwise indicated.

8. The Property has multiple separate commercial p remises, including, but not limited to, Sequoia Brewery, located at 777 and 779 E. Olive Avenue (“Brewery Premises”), the Tower Theater, located at 809 E. Olive Avenue, the Painted Table located at 1211 N. Wishon, and Me -n- Ed’s On Tap located at 1247 N. Wishon Avenue.

9. AC alleges on information and belief that Tower GP is the title owner of the Property.

AC is further informed and believes that Tower GP’s partners have assigned the management and operation of the Property to other entities also under their c ontrol, such as Defendant Tower Corp.

Plaintiff is further informed and believes that Tower Corp. has authority to contract to sell the Property to AC on behalf of Tower GP.

10. On or about September 29, 2020, AC and Tower Corp., executed a contract whereby AC would acquire from the Tower Parties, the Tower Theater Parcel. AC agreed to pay $3.9 million to Tower Parties for the Tower Theater Parcel. AC and Tower Corp. subsequently amended the agreement on or about October 7, 2020, so that AC would also acquire the Me-n-Eds Parcel. AC agreed to pay $4.815 million for the entire Property. A true and accurate copy of the contract and the amendments thereto are attached as Exhibit “1” to this complaint and hereby incorporated by reference.

11. In November 2020, during the due diligence period, AC discovered that the tenant of the Brewery Premises, J&A Mash & Barrel, LLC (“J&A”), potentially had an option and/or first right to purchase the Brewery Premises from the Tower Parties . The Brewery Premises is not presently separately divided from the Tower Theater Parcel, meaning if the Brewery Premises is to be sold, it must be parceled out and established as an independent parcel. AC is informed and 1 2
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4 COMPLAINT

believes that the lease agreement between J&A and the Tower Parties includes language that obligates J&A and the Tower Parties to take steps to parcel out the Brewery Premises from the Tower Theater Parcel to allow J&A to buy the Brewery Premises if it so desires.

12. When asked about this potential option tied to the Brewery Premises, Mr. Laurence Abbate (“Mr. Abbate”) verbally informed AC’s representatives that there was nothing to worry about and that the issue had been addressed. AC made no further inquiries of this issue as it believed the issue was resolved based on Mr. Abbate’s representations.

13. However, as the close of escrow neared in January 2021, AC learned that the Tower Parties had potentially failed to make full disclosure to J&A and/or obtained a waiver from J&A of its potential right to acquire the Brewery Premises. The Tower Parties’ alleged acts and omissions as it pertains to J&A were not fully discovered by AC until after J&A filed suit as described in the next paragraph.

14. On or about February 16, 2021, J&A filed a lawsuit against Tower Theater Properties, Inc., in Fresno County, case no.: 21CECG00440. (“J&A Action”). AC is informed that defendant Tower Theater Properties, Inc., is the landlord of the Brewery Premises identified in the lease with J&A. AC is further informed that th ere is an overlap between ownership of the Tower Parties sued herein and the landlord Tower Theater entity sued by J&A. AC was added to the J&A Action.

15. In the J&A Action, there has been substantial briefing with the trial court and the appellate court regarding J&A’s right to prevent the sale of the Tower Theater Parcel from the Tower Parties to AC. On January 12, 2022, in oral argument before the appellate court, counsel for Tower Parties represented to the court that the agreement between AC and the Tower Parties has expired and is of no force or effect.

16. The Tower Partie s, by representing the deal with AC is dead, have breached the agreement. AC unequivocally disputes the Tower Parties’ statement that the sale of the Property is dead. AC is ready, willing, and able to complete the purchase of the Property and intends to do so.

In fact, the only reason the sale has not completed is because Tower Parties ’ have breached their obligation to provide clear title to the Property as a result of the J&A Action. 1 2
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5 COMPLAINT

17. AC brings this action to compel the Tower Partie s to perform their contractual obligations to sell the Property to AC.

18. In the J&A Action, J&A contends it has a right to acquire the Brewery Premises that is greater than AC’s contractual right to acquire the entire Property under the terms of the subject contract. To ease Tower Partie s’ ability to perform, AC will accept modified performance of the contract. AC has no objection to amending the contract to allow Tower Parties to legally divide the Brewery Premises from the Tower Theater Parcel . AC will then either 1) acquire the balance the Property exclusive of for the Brewery Premises or 2) the Property inclusive the Brewery Premises depending on how J&A elects to proceed regarding its alleged purchase rights.

19. AC has performed its end of the contract and is ready, willing, and able to tender the applicable purchase price to acquire the entire Property, inclus ive or exclusive of the Brewery Premises.

20. The contract provides for the recovery of reasonable attorney’s fees to the prevailing party in the event legal action is instituted to enforce one or more terms of the contract. AC has retained the services of Tyler & Bursch, LLP to represent it in this action.

FIRST CAUSE OF ACTION
BREACH OF CONTRACT – SPECIFIC PERFORMANCE
(Against All Defendants)

21. AC incorporates and re-alleges in full paragraphs 1 through 20 above as though set forth in full.

22. AC and Tower Parties entered into a written agreement on or about September 29, 2020, for AC to acquire the Property from Tower Parties. The exact premises AC was to acquire in the proposed sale was confirmed in an October 7, 2020 amendment to the contract.

23. AC has complied with its due diligence obligations, deposited funds into escrow, and has a commitment from a reputable lender evidencing AC’s financial ability to deposit the balance of the purchase price with escro w. AC has met its obligations under the contract and is ready, willing, and able to complete the purchase of the Property. 1 2
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6 COMPLAINT

24. Tower Parties have breached their contractual obligations by, without limitation, refusing to close escrow, representing to the court that the proposed sale between AC and the Tower Parties is cancelled, refusing to provide clear title to the Property as evidenced by the cloud on title created by J&A’s claim of right and notice of pendency of action recorded by J&A affecting title to the Property.

25. AC has no adequate remedy at law in that the Property is unique from all other properties. Further, it is presumed under California law that all property is unique and monetary damages are insufficient to compensate AC for Defendants’ breach.

26. AC is ready willing and able to complete the sale of the Property as called for in the contract and the amendments thereto. However, i n an effort to mitigate, AC is willing to accept modified performance on Tower Parties’ behalf, to wit, legally dividing the Brewery Premises from the Tower Theater Parcel and completing the sale of the Property without the Brewery Premises.

PRAYER FOR RELIEF
WHEREFORE, AC prays for relief as follows:

1. An order compelling Tower Parties to sell the Property to AC under the terms of the contract.

2. Alternatively, an order that Tower Par ties separate the Brewery Premises from the Tower Theater Parcel and sell the balance of the Property to AC under the terms of the contract.

3. For contractual attorneys’ fees incurred in prosecuting this action.

4. For costs of suit.

5. For all other relief this court deems just.

DATED: February 8, 2022 TYLER & BURSCH, LLP
By:

Nathan R. Klein, Esq.

Attorneys for Plaintiff Adventure Church, Inc.

EXHIBIT “1”
,V‘
II
STANDARDOFFER,AGREEMENTANDESCROWINSTRUCTIONSFORPURCHASEOFREALESTATE(Non-Resident/al) Dated:§§2tember28,2020

1. Buyer.1.1 AdventureChurch. Inc. .("Buyer")herebyofferstopurchasetherealproperty,hereinafterdescribed.fromtheownerthereof("Seller")(collectively,the“Parties"orindividually. a"Party“).throughanesorow("Escrow'ﬁtodoseaeor15daysaﬂerthewaiverorsatisfactionoftheBuyer'sContingencies,("ExpectedClosingDale")tobeheldby ChicagoTitle(SueMeyer)("EscrowHolder")whoseaddressis 7330NPalmAve#101:Fregno1750WWalnutAve.Visalia;[email protected]. PhoneNo.{559)45l—3727,FacsimileNo.uponthetermsandconditionssetforthinthisagreement("Agreement").Buyershallhave(herighttoassignBuyer‘srightshereunder,butanysuchassignmentshallnotrelieveBuyerofBuyer'sobligationshereinunlessSellerexpresslyreleasesBuyer.1.2Theterm"DateofAgreement"asusedhereinshallbethedatewhenbyexecutionanddelivery(asdeﬁnedinparagraph20.2)of thisdocumentorasubsequentcounterofferthereto,BuyerandSellerhavereachedagreementinwritingwherebySelleragreestosellandBuyeragreestopurchase,thePropertyupontermsacceptedbybothParties.2. Property.2.1Therealproperty("Property")thatisthesubjec‘ofthisofferconsistsof(insertabriefphysicaldescription)[2)existingbun‘Idinastotaling124,817SFon$79,788lotonAPN451-265-03 islocatedintheCountyof Fresno. iscommoniyknownas(streetaddress.city,state,zip)777—815EOliveAve FresnoCa. 93728andislegallydescribedas:tobegravidedbxtitlecogganv(APN: 451—265—03y.

2.2IfthelegaldescripxionofthePropertyisnotcompleteorisinaccurate,thlsAgreementsha|lnotbeinvalidandthelegaldescriptionshallbecompletedorcorrectedtomeettherequirementsof ChicagoTitle("TitleCompany“),whichshallissuethetitlepolicyhereinafterdescribed.2.3ThePropertyincludes.a‘noadditionalcosttoBuyer,thepermanentimprovementsthereon,includingthoseitemswhichpursuantto applicablelawareapanoftheproperty‘aswellasthefollowingitems,ifany.ownedbySellerandatpresenllocatedonthePropeny'e|ectrical distributionsys‘ems(powerpanel.busducting,conduits,disconnects,lightingﬁxtures);telephonedistributionsystems(lines,jacksandconnectionsonly);spaceheaters;heating,ventilatinglairconditioningequipment("HVAC");airlines;ﬁrespn'nklersystems;securityandﬁredetectionsystems;carpets;windowcoverings;wallcoverings;and (collectively.the"|mprovements").2.4Theﬁresprinklermonitor:DisownedbySellerandincludedinthePurchasePrice,DisleasedbySeller.andBuyerwillneedto negotiateanewleasewiththeﬁremonitoringcompany,DownershipwillbedeterminedduringEscrow,orDthereisnoﬁresprinklermonitor.2.5Excep‘asprovidedinParagraph2.3.thePurchasePricedoesnotincludeSeller'spersonalproperty,furnitureandfurnishings.and allofwhichshallberemovedbySellerpriortoClosing.3. PurchasePrice. '

3.7Thepurchaseprice("PurchasePrice")tobepaidbyBuyerloSellerforthePropenyshallbe$3900000.00payableasfollows:(Strikeifnorapplicable) [31CashdownpaymenLincludingtheDepositasdeﬁnedinparagraph4.3(orifanallcashtransaction.thePurchasePrice): $ 900,000.00 (b)Amountof"NewLoan"asdeﬁnedinparagraph5.1.ifany: 5 3ooo‘000_oo PAGE10F11 ﬂf.- INITIALS
©2019AIRORE.AI|RightsReserved. OFA-20.20,Revised11-25-2019KWCommercialCentralCA.740WAlluvialAve#102Fresno.CA937”Phone,5593028698Fax:5594329324JaredEnnis 777EOliveAveProducedwilhzipFormObyzwLug'x18070FnﬁsenMilaRoad,Fraser,Mldugan48026WJW TotalPurchasePrice: S 3900000.003.2IfBuyeristakingtitletolhePropertysubjectto,orassuming,anExistingDeedofTrustandsuchdeedoftrustpermitsthebeneﬁciarytodemandpaymentoffeesincluding,butnollimi‘edto,points.processingfees.andappraisalfeesasaconditiontothetransferoftheProperty,Buyeragreestopaysuchfeesuptoamaximumof15%oftheunpaidprincipalbalanceoﬁlheapplicableExistingNote.4. Deposits.4.1DW‘r ‘
WWWgDwilhin—Bor3 businessdaysafterbothPartieshaveexecutedthisAgreementandlheexecutedAgreementhasbeendeliveredtoEscrowHolderBuyershalldeliverl0EscrowHolderacheckinmesumwo,000.00 .lfsaidcheckisnmreceivedbyEscrowHolderwithinsaidtimeperiodthenSellermayelecttounilaterallytem'unatethistransactionbygivingwrmennoticeofsuchelectiontoEscrowHolderwhereuponneitherPartyshallhaveanyfurtherliability(otheotherunderthisAgreement.ShouldBuyerandSellernotenterintoanagreementforpurchaseandsale,Buyer‘scheckorfundsshall.uponrequestbyBuyer,bepromptlyreturnedto Buyer‘

4.3EscrowHoldershalldeposit‘hefundsdepositedwithitbyBuyerpursuanttoparagraphs4.1and4.2(collectivelythe"Deposlt")in aStakeorFederallycharteredbankInaninterestbearingaccountwhosetermisappropriateandconsistentwiththetimingrequirementsofthis transaction.TheinteresttherefromshallaccruetothebeneﬁtofBuyer,whoherebyacknowledgesthattheremaybepenaltiesorinterestfor(eiluresif(heapplicableinstrumentisredeemedpriortoitsspeciﬁedmaturity.Buyer‘sFederalTaxIdenﬁﬁcationNumberis . NOTE:SuchinterestbearingaccountcannotbeopenedumilBuyer‘sFederalTaxIdentiﬁcationNumberisprovided.4.4Notwithstandingtheforegoing,within5daysafterEscrowHolderreceivesthemoniesdescribedinparagraph4.1above,EscrowHoldershallrelease$100ofsaidmoniestoSellerasandforindependentconsiderationforSeller's’executionofthisAgreementandthegrantingofthecontingencyperiodtoBuyerashereinprovidedSuchindependentconsiderationisnonrefundabletoBuyerbutshallbecreditedtothePurchasePriceIntheeventthatthepurchaseofthePropertyIscompleted4.5UponwaiverofallofBuyer'scontingenciestheDepositshallbecomenon--refundablebutapplicablemthePurchasePriceexceptin theeventofaSellerbreach,orintheeventthatlheEscrowIsterminatedpursuanttotheprovisionsofParagraph9.1(n)(Destruction.DamageorLoss)or9.1(o)(MaterialChange).5. FinancingComingency.(Strikeifnotapplicable)5.1ThisofferiscontingentuponBuyerobtainingfromaninsurancecompany.ﬁnancialinstitutionorotherlender.acommitmentlolendloBuyerasumequalmatleast80.000%ofthePurchasePriceontermsacceptabletoBuyer.Suchloan("NewLoan")shallbesecuredbyaﬁrstdeedoflrustormortgageonthePropenyIf‘hisAgreementprovidesforSellertocarrybackJuniorﬁnancing.thenSellershallhavetherightt0approvethetermsof(heNewLoanSellershallhave7daysfromreceiptofthecommitmentsemngforththeproposedtermsoflheNewLoantoapproveordisapproveofsuchproposedtermslfSellerfailstanotifyEscwwHolder.inwritingofmedisapprovalwithinsaid7daysitshallbeconclusivetypresumedthatSellerhasapprovedthetermsoftheNewLoan.r55.2IfBuyershallfallmnotllyItsBroker,EscrowHolderandSeller,inwritingwithlndaysfollowlngtheDateofAgreement.thattheNewLoanhasnotbeenobtained,ItshallbeconclusivelypresumedthatBuyerhaseitherobtainedsaidNewLoanorhaswaivedthisNewLoancontingency.5.3IfBuyershallnotifyitsBrokerEscrowHolderandSellerinwriting,withinthetimespeciﬁedInparagraph5.2hereofthatBuyerhasnotobtainedsaidNewLoan.thisAgreementshallbelaminatedandBuyershallbeentitledtothepromptretumoftheDepositplusanyinteresteamedthereonlessonlyEscruwHolderandTitleCompanycancellationfeesandcosts.whichBuyershallpay. .r— PAGE2OF11 INITIALSAIRDRE.AllnghtsReservedt OFA-20.20,Revised11-25-2019Ptoduced\vrthzipFonn®byzlpLong13070FifteenMileRoad.Fraser,Michigan48026W777EOliveAve B.-4.7. RealEstateBrokers.7.1EachPartyacknowledgesreceivmgaDiscl05ureRegardingRealEstateAgencyRelationship,conﬁrmsandconsentstothefollowingagencyrelationshipsinthistransactionwiththefollowingrealesta‘ebrokers("Broker(s)")and/ortheiragents("Agent(s)”):

Seller‘sBrokerageFirmStrongHoldings,Inc.,DEAKWCommercialLicenseNo.0184l795lsthebrokerof(checkone):EtheSeller;orDboththeBuyerandSeller(dualagent).SellersAgentKevinLand&JaredEnnisLicenseNu01516541101945284ls(checkone):®theSeller'sAgent(salespersonorbrokerassociate);orDboth[heBuyer’sAgentAgentandtheSeller‘sAgent(dualagem)‘Buyer'sBrokerageFirmeXpRealtyofCalifornia,Inc.LicenseNo.01878277Isthebrokerof(checkone):EtheBuyer;0rDboththeBuyerandSeller(dualagent).Buyer'sAgentBillRichardsonLicenseNo.01924226 Is(checkone):®theBuyer'sAgent(salespersonorbrokerassociate);orDbothlheBuyer'sAgentAgentandtheSeller'sAgent(dualagent).ThePanlesacknowledge(hatotherlhantheBrokersandAgentslistedabove‘therearenootherbrokersandagentsrepresentingthePaniesordueanyfeesand/orcommissionsunder‘hisAgreementBuyersha||usetheservicesofBuyersBrokerexclusivelyinconnectionwithanyandall negotiationsandofferswithrespecttothePropertyforaperiodof1yearfromthedateinsertedforreferencepurposesa!thetopofpage1.

7.2BuyerandSellereachrepresentandwarranttotheomertha(he/she/ithashadnodealingswithanyperson,ﬁrm,broker,agentorﬁnderinconnectionwiththenegotiationofthisAgreementand/ortheconsummationofthepurchaseandsalecontemplatedherein,otherthantheBrokersandAgentsnamedinparagraph7.1,andnobroker.agentorotherperson,ﬁrmorentity.otherthansaidBrokersandAgentsis/areentitledtoanycommissionorﬁndersfeeinconnectionwiththistransactionastheresultofanydealingsoracts0fsuchParty.BuyerandSellerdoeachherebyagreetoindemnify,defend,protectandholdtheotherharmlessfromandagainstanycosts,expensesorliabilityforcompensation,commissionorchargeswhichmaybeclaimedbyanybroker.agent,ﬁnderorothersimilarparty,otherthansaidnamedBrokersandAgentsbyreasonofanydeallngsoractoftheindemnifyingParty.8. EscrowandClosing.8.1UponacceptancehereofbySeller.thisAgreement,indudinganycounteroffersincorporatedhereinbythePanies.shallconsmutenotonlytheagreementofpurchaseandsalebetweenBuyerandSeller.butalsoinstructionstoEscrowHolderfortheconsummationoftheAgreemem‘hroughtheEscrow.EscrowHoldershallnotprepareanyfurtherescrowinstructionsrestatingoramendingtheAgreementunlessspeciﬁcallysoinstructedbythePartiesoraBrokerherein.SubjectlothereasonableapprovaloftheParties,EscrowHoldermay,however,includeitsstandardgeneralescrowprovisions.IntheeventthatthereisanyconﬂictbetweentheprovisionsloeAgreementandtheprovisionsofanyadditionalescrowinstructionstheprovisionsofmeAgreementshallprevailastothePartiesandtheEscrowHolder.8.2AssoonaspracticalaﬂerthereceiptofthisAgreementandanyrelevantcounteroffers,EscrowHoldershallascertaintheDaleofAgreementasdeﬁnedinparagraphs1.2and20.2andadvisethePartiesandBrokers,inwriting,ofthedateascertained.8.3EscrowHolderisherebyauthorizedandinstructedtoconducttheEscrowinaccordancewiththisAgreement.applicablelawandcustomandpracticeof\hecommunityinwhichEscrowHolderislocated,includinganyreportingrequirementsoftheinternalRevenueCode.In theeventofaconﬂictbetweenthelawofthestatewherethePropertyislocatedandthelawofthestatewherelheEscrowHolderislocated,thelawofthestalewherethePropertyislocatedshallprevail.8.4Subjecttosatisfactionofthecontingencieshereindescribed,EscrowHoldershallcioseth‘sescrow(the"Closing")byrecordingageneralwarrantydeed(agrantdeedinCalifornia)andtheotherdocumentsrequiredloberecorded,andbydisbursingthefundsanddocumentsinaccordancewiththisAgreement.

PAGE30F11 . WINITIALS9AIRCRE.AllRightsReserved. OFA-20.20,Revised11-25-2019ProducedwithzipFormObyzIpLogix18070FifteenMlleRoadFraserMlcnlgan48028WE777EOliveAve

8.5Buyer-and'Sellershalleachpayone—halfoftheEscrowHolder'schargesandSellershallpaytheusualrecordingfeesandanyrequireddocumentarytransfertaxes.Sellﬁrsfﬁlmy'fhé'premiumforastandardcoverageowner'sorjointprotectionpolicyoftitleinsurance(Seealsoparagraph11)8.6EscrowHoldershallverifythatallofBuyer‘scontingencieshavebeenSatisﬁedorwaivedpriortoClosing.Thematterscontainedinparagraphs9.1subparagraphs(b).(c),(d),(e),(g),(i),(n){and(o).9.4,9.5,12.13,14,16‘1B,20.21.22,and24are.however,mattersofagreementbetweenthePartiesonlyandarenotinstructionstoEscrowHolder.8.7Ifthistransactionisterminatedfornon—saiisfactionandnon-waiverofaBuyer'sContingency,asdeﬁnedinparagraph9‘2ordisapprovalofanyothermattersubjecttoBuyer‘sapproval,thenneitherofthePartiesshallthereafterhaveanyliabilitytotheotherunder(his Agreement,excepttoiheextentofabreachofanyafﬂrma‘ivecovenantorwarrantyinthisAgreementIntheeventofsuchtermination,Buyershall,subjecttotheprovisionsofparagraph8‘10.bepromptlyrefundedallfundsdepositedbyBuyerMthEscrowHoldenlessonlylhe$100providedforinparagraph4.4andtheTitleCompanyandEscrowHoldercancellationfeesandcosts.allofwhichshallbeBuyer'sobligation.Ifthis transactionisterminatedasaresultofSeller‘sbreachofthisAgreementthenSellershallpaytheTitleCompanyandEscrowHoldercancellationfeesandcosts.8‘8TheClosmgshalloccur0ntheExpectedClosingDate,orassoonthereafterastheEscrowisinconditionforClosing;provided.however‘thatiftheClosingdoesno‘occurbytheExpectedClosingDaleandsaidDateisnotextendedbymutualinstructionsoftheParties,aPartynotthenindefaultunderthisAgreementmaynotifytheotherParty.EscrowHolder,andBrokers,inwritingthat.unlesstheClosingoccurswithin5busnnessdaysfollowingsaidnotice,theEscrowshallbedeemedterminatedwithoutfurthernoliceorinstructions.8.9Exceptasothewviseprovidedherein,theterminationofEscrowshalinotrelieveorreleaseeitherPanyfromanyobligationlopayEscrowHolder‘sfeesandcostsorconstituteawaiver.releaseordischargeofanybreachordefaultthathasoccurredintheperformanceofthenbllgah‘ms.ngleamenls.covenantsurwarranllaucontainedIhere'm.3.mIrthisEacruwisIelm'maliunfuranyreasonoﬁwrthanSeﬂers{reamatdefault.“henasaconditiontothereturnofBuyer'sdeposit.Buyershallwithin5daysafterwrittenrequestdeliverloSeller,atnocharge‘copiesofallsurveys.engineeringstudies,soil repons‘maps,masterplans,feasibilitystudiesandothersimilaritemspreparedbyorforBuyerthatpertaintotheProperty.

5. ContlngenciestoClosing.9.1TheClosingofthistransactioniscontingentuponthesatisfactionorwaiverofthefollowingcontingencies.lFBUYERFAILSToNOTIFYESCROWHOLDER,INWRITING,OFTHEDISAPPROVALOFANYOFSAIDCONTINGENCIESWITHINTHETIMESPECIFIEDTHEREIN,ITSHALLBECONCLUSNELYPRESUMEDTHATBUYERHASAPPROVEDSUCHITEM,MATTER0RDOCUMENT.Buyer'scondiu'onalapprovalshallconstitutedisapproval,unlessprovisionismadebytheSellerwithin(hetimespeciﬁedtherebrebytheBuyerinsuchconditionalapprovalorbythisAgreement,whicheverislater.forthesatisfactionoftheconditionimposedbytheBuyer‘EscrowHoldershall promptlyprovideallPanieswithcopiesofanywn'ttendisapprovalorcondiliona)approvalwhichitreceives.thregardtosubparagraphs(a) through(m)thepre-printedtimeperiodsshallcontrolunlessadifferentnumberofdaysisinsertedinmespacesprovided‘(a)Disclosure.SellershallmaketoBuyer.throughEscrow,alloftheapplicabledisclosuresrequiredbylaw(SeeAIRCommercialRealEstateAssocialion("AIR")standardformentitled"Seller'sMandatoryDisclosureStatement")andprovideBuyerwithacompletedPropertyInformationSheet("PropertyInformationSheet“)concerningmeProperty.dulyexecutedbyoronbehalfofSeilerinthecurrentformorequivalentlothatpubﬁshedbytheAIRwithin10or10daysfollowingtheDateofAgreement.Buyerhas10daysfromthereceiptofsaiddisclosurestoapproveordisapprovethemattersdisclosed.(b)PhysicalInspection,Buyerhas40m45""daysfollowingthereceiptofthePropertyInformationSheetortheDateofAgmemant.whicheverlslam,Iosaﬁsfyilseirwllhregard[uthEphysicalamctsaridaim0T”12PWPEW-(c)HazardousSubstanceConditionsReport.Buyerhaseeor.45—daysfollowingthereceip‘ofthePropertyInformationSheetortheDateofAgreement,whicheverislater,tosatisfyitseifwithregardmtheenvironmentalaspectsoftheProperty.SellerrecommendsthatBuyerobtainaHazardousSubstanceConditionsReportconcerningthePropertyandrelevantadjoiningproperties,AnysuchreportshallbepaidforbyBuyer.A“HazardousSubstance"forpurposesofthisAgreementisdeﬁnedasanysubs‘ancewhosena‘ureandlorquanlltyofexistence.use,manufacture.disposaloreffect.renderitsubjecttoFederal,slateorlocalregulation,investigation,remediationorremovalaspotentiallyinjurioustopublichealthorwelfare.A"HazardousSubstanceCondmon"forpurposesofthisAgreementisdeﬁnedastheexistenceon.underorrelevanllyadjacenttothePropertyofaHazardousSubstancethatwouldrequireremediationand/orremovalunderapplicableFederal,slateorlocallaw.(d)Soillnspection.Buyerhas-aeor45'daysfollowingmereceiptofthePropertyInformationSheetortheDateofAgreement,whicheverislater,tosatisfyitselfwithregardtotheconditionofthesoilsontheProperty‘SellerrecommendsthatBuyerobtainasoul testreport.AnysuchreportshallbepaidforbyBuyer.SellershallprovideBuyercopiesofanysoilsreportthatSellermayhavewithin1OdaysoftheDateofAgreement.(e)GovemmentalApprova/s.Buyerhas-aeor‘45-daysfollowingtheDateofAgreementtosatisfyitseifwithregardtoapprova!sandpermitsfromgovernmentalagenciesordepartmentswhichhaveormayhavejurisdictionoverlhePropertyandwhichBuyerdeemsnecessaryordesirableinconnectionwithitsintendeduseoftheProperty.including.butnotlimitedl0,permi‘sandapprovalsrequiredwithrespecttozoning,planning.buildingandsafety.fire.police,handicappedandAmericanswithDisabilitiesActrequirements.transportationandenvlronmentalmatters.(f)ConditionsofTitle.EscrowHoldershallcauseacurrentcommitmentfortitleinsurance(“TitleCommitment")concerningthePropertyissuedbytheTiﬂeCompany,aswellaslegiblecopiesofalldocumentsreferredmintheTitleCommitment("UnderlyingDocuments"),andascaledanddimensionedplolshowingthelocatlonofanyeasementstobedeliveredtoBuyerwithin-t-Qor-45daysfollowingtheDateofAgreement.Buyerhas10daysfromthereceipt‘of(heTitleCommitment,theUnderlyingDocumentsandthepIotplantosatisfyitselfwithregardmtheconditionoftitle.ThedisapprovalbyBuyerofanymonetaryencumbrance,whichbylhetermsofthisAgreementisnottoremainagainstthePropenyaﬂer(heClosing,shallnotbeconsideredafailureofthiscontingency,.asSellershallhavetheobligation,atSellersexpense.tosatisfyandremovesuchdisapprovedmonetaryencumbranceatorbeforetheClosing.(g)Survey.Buyerhas-aeorc45-daysfollowingthereceiptoftheTitleCommitmentandUnderiyingDocumentstosatisfyitselfwithregardtoanyALTAtitlesupplementbaseduponasurveypreparedtoAmericanLandTitleAssociation("ALTA")standardsforan g?m©2019AIRCRE.AllRightsReserved. OFA-20.20,Revised11-25-2019ProducedwithzipForm®bympLong18070FifteenMileRoad,Fraser,Michigan48026W777EOliVeAve PAGE40F11
ownefspolicybyalicensedsurveyor,showingthelegaldescriptionandboundarylinesoftheProperty.anyeasementsofrecord,andanyimprovements,poles,s‘ructuresandthingslocatedwithin1OfeetofeithersideofthePropertyboundarylines.Anysuchsurveyshallbeprepareda1Buyer'sdirecllonamtexpanse.IFBuyerrmumalmaaasurveyamapprnvadtheALTntinesupplementBuyermayHeelwiminmeperiodallowedforBuyer'sapprovalofasurveytohaveanALTAextendedcoverageowner‘sformoftitlepolicy,inwhicheventBuyershallpayanyadditionalpremiumanributablethereto.(h)ExistingLeasesandTenancyStatements.Sellershallwithin4-9-or4'5'daysfollowingtheDateofAgreementprovidebothBuyerandEscrowHolderwithlegiblecopiesofallleases,subleasesorrentalarrangements(collectively."ExistingLeases")affectinglhe Property.andwithatenancystatement("EstoppelCertiﬁcate")inthelatestformorequivalenttothatpublishedbytheAIR,execuledbySeller and/oreachtenantandsubtenantoftheProperty.SellershalluseitsbesteﬁonslohaveeachtenantcompleteandexecuteanEstoppelCertiﬁcate.HanytenantfailsorrefusestoprovideanEstoppe!CeniﬁcatethenSeIIershallcompleteandexecuteanEstoppelCertiﬁcateformattenancy,Buyerhas10daysfromthereceiptofsaidExistingLeasesandEstoppelCeniﬁcatestosalisfyitselfwithregardlotheExistingLeasesandanyothertenancyissues.emmyeH—Seﬂer-eheu-WHO-eﬁ:~-:-:--::------:- (j)OtherAgreements.Sellershallwithin10or daysfollowingtheDateofAgreementpmvideBuyerwithIegiblecopiesofallotheragreements("OtherAgreements")knowntoSellerthatwillaffectthePropertyaﬁerClosing.Buyeihas1Odaysfromthereceiptof saidOtherAgreementstosatisfyitselfwithregardtosuchAgreements.(k)Financing.Ifparagraph5hereofdealingwithaﬁnancingcontingencyhasnotbeenstricken,thesatisfactionorwaiverofsuchanLoancuntingenuy.mExistingNotesIfparagraph3.11c]hasnotbeenslrldcan.Salrarshallwithln1Da: days[ullawlngsheDatepf AgeerrentpmuldaBuyalwithlegible-coulsiat111aEmsﬁngmates,ExistingDeedsufTrualandrelatedagmamanis[calledvelm"Loanuoaumm'qmmichmaFraperww.“minsubject!arlertheClosing.EscrowHoldershallpromnllyrequesthamIhehuman:ultheExismgNniasahmeﬁciarysmbemunt("Beneﬁciarymailman?)conﬁrming:[1)thaamour“uftheunpaidprlnntpaibalance.truecurrenlm1eraslrate.andmadatatnwhichinterest45p533.and[2}therLa1uruandamountofanyimpound;heldI19thehenaﬂclaryInmedianwilhsuchloan.Buyerhas1nor daysTalluwlngIhereceiptoftheLaanDawmentsandEenhﬁclaryStalemenlstnsailsl‘titsEI-fwilhregahﬂ1nsuchﬁnancing.BuyersobiigmlcnInclassIscomilluneduponBwerualngabletupurchase“‘3Primer”MWUUIamalﬁ'a‘ion0'd‘aﬂse”1me[W90'ﬂ"?EXiStiF‘Q NudesorchasgestoBuyerexcaﬁtasaﬂﬁarwisemouldedInthsAgreementorapmuumdbyEugenprwlded,hmuerBuyﬁshaltpaythehanaferleamenutaInparagraph3.2hereof.UkemaarrSellaI5mcarrytrackaFumhas:MbnzyN01:|henBela:aha“Miru'rl1Dor nay:FollalmngIheDateatAgraemerﬂprovideBushymthacnpynfthepruvusadPurchaseMoneyNoteandPumhaseManey-DeuuulTtusr.Buyafn3510or daysfromthe[acelptntsuchducumentatasailsfyIlsullwithregardtoHhefarmandcontentthereof.(m)PersonaFPrapamrIn1113event“‘13!anypersonalpropertyIsincludedIn1J1!F'urﬁhaseFilm.Buyerha:10or daysfollowingtheDateofAgreementtosatisfyitselfwithregardIothetitleconditionofsuchpersonalproperty.SellerrecommendsthatBuyerob‘aina UCC-1reportAnysuchreponshallbepaidforbyBuyer.SellershallprovideBuyercopiesofanyliensorencumbrancesaffectingsuchpersonalpropertythatitisawareofwithin10or daysfollowingmeDateofAgreement.(n)Destruction,DamageorLoss,SubsequentlotheDateo!AgreementandpriorloClosingthereshallnmhaveoccurredadestruction.urdamageorloss1n.1hePmpanyuranyportionmeteor.humanycausewhatsoever.whichwouldmatmuruthan$1Dﬂnnmtn repayurcum,I!mecastufregal:orcure”:5smﬂﬂuwmless.Selﬁurshadltehalrorcumthemspr-ur10I11:Closlng.Buyersnailhave:heoption,wimm10daysafterreceiptofwrittennoticeofalosscostingmorethan$10,000.00torepairorcure,toeitherterminatethisAgreementortopurchasethePropertynotwithstandingsuchloss,butwithoutdeducﬁonoroffsetagainstthePurchasePrice.Ifthecosttorepairorcureismorethan$10,000.00,andBuyerdoesnotelecttolaminatethisAgreement,Buyershallbeentitledtoanyinsuranceproceedsapplicable‘osuchloss.

Unlessotherwisenotiﬁedinwriting,EscrowHoldershallassumenosuchdesvuction,damageorlosshasoccurredpriortoClosing.(o)MaterialChange.Buyershallhave1UdaysfollowingreceiptofwrittennoticeofaMaterialChangewithinwhichtosatisfyitself withregardtosuchchange.“Ma‘erialChange"shallmeanasubstantialadversechangeintheuse,occupancy,‘enants.titie,orconditionofthePropertythatoccursaﬂerthedateofihisofferandpn'ortotheClosing.Unlessotherwisenotiﬁedinwriting.EscrowHoldershallassumethatnoMaterialChangehasoccurredpriortntheClosing.(p)SellerPerformance.ThedeliveryofalldocumentsandthedueperformancebySellerofeachandeveryundenakingandagmarnml1nbepeﬂwmedbySellerundmIh'Lsnamemmt.(q)BmkemgeF“,PaymmtattheClnahng94'suchhmkelage1aaslsspaciﬁadinthisAgreementorlaterwritteninstructionstoEscrowHolderexecutedbySellerandBrokers("BrokerageFee“).ItisagreedbythePartiesandEscrowHolder[hatBrokersareathirdpartybeneﬁciaryofthisAgreementinsofarastheBrokerageFeeisconcerned.andthatnochangeshallbemadewithrespecttothepaymentoftheBroketageFeespeciﬁedinthisAgreement.withoutthewrittenconsentofBrokers.9.2Allofthecontingenciesspeciﬁedinsuhparagraphs(a)through(m)ofparagraph9.1aref0:thebeneﬁtof,andmaybewaivedby, Buyer.andmaybeelsewharehuralnralarmdtnas'Euynr‘:Corningamiaa“93IranynlBuyer:leingenclasmanyothermama:suhiect:0BuyersanprwaiIsmsapproveda3pw‘dadfarhereinInatlmalymanner["bisappmdImam").59hranalhnuameugh!wilhmmdays{ula-MngIha-rana'qnafnnliceatBuyw’sdlsappmva!IoelectlocuresuchDisapprawdItemplinr1aIheExpectedCloslngDalei"5ullzr"iEiantlnn"}.Semen“:fa'ilurEla9erInELI!!!chlnsuchperlm.wtlltennoﬂmn! Ballar'nnamrrlllmant1.0aurasuchDisapptmdItemmurheramInaExpectedCloslngDateshallbemclualVelypesumed1ahr:Selar‘sEﬁecliunnuttacuresuchDisappruvadItem.|.fSellerereda.eitherbywrittennoticenrlallumIogiveMittennolI-ceI'ID1loGumaD'IS-BIJIJI'm-‘edllem.Buyershallhawmeﬁght.wilhin1DdaysaﬂarSella’sEamontoellheramp:mlatnmeFrauen):sublenIosumDisapprwedllem.urtowmlnainIhlaAgasmentBuyer'sfuluneInnuﬁly53ngInwnlhgorBuyer'samnionIuacceptuﬂaloInaPropertysuhpac!1o01::DlsapprcwadHamwithoutdemonornmalghalmnmutgBuwrselectiontommlnateUnisAgreementUnlessarmyprovidednlherwmeherein.Seller‘sngmHocureaha!mlapplymLnaremediationorHazardousSubstanceconditionsortotheFinanclnuCumlngencg.UnlessthaF'nrﬁasrnutualyinstruct mums.IfthBﬁmanarrmisforlhasalialadhanufnun1LngennlesnrfoeSallat'sandBuyers212mm:wnulnemlreonadamﬁllertheEmeraldmmlngDale,meExpmdmusingDateshallbedeemedamendedfur3businﬁsdaysntm-Inqtheamnionur.[Eli1mappllnahtamnﬁngw' PAGE50F11 WmmALs©2019AIRCRE.AllRightsReserved. 0FA-20.20,Revised11-25-2019ProducedwithZIpFommbyzichg'X15070FifteenMHeRoad,Fmsar‘Michigan48026“WM777EOli‘leAve period(s),(b)thepenodwithinwhichtheSellermayelemtocuretheDisapprovedItem,or(c)ifSellerelectsnottocure‘(heperiodwithinwhichBuyermayelecttoproceedwithlhistransaction,whicheverislater.9.4ThePartiesacknowledgethatextensivelocal,sta‘eandFederallegislationestablishbroadliabilityuponownersand/orusersof realpropertyfurtheinvestigationandremediation0fHazardousSubstances.ThedeterminationoftheexistenceofaHazardousSubstanceConditionandtheevaluationoftheimpactofsuchaconditionarehighlytechnicalandbeyondtheexpertiseofBrokers.ThePartiesacknowledgethattheyhavebeenadvisedbyBrokerstoconsulttheirowntechnicalandlegalexpertswithrespec!tothepossiblepresenceofHazardousSubstancesonthePropenyoradjoiningproperties,andBuyerandSellerarenotrelyinguponanyinvestigationbyorstalementofBrokerswithrespeclthereto.ThePartiesherebyassumeallresponsibilityfortheimpactofsuchHazardousSubstancesupontheirrespectiveinterestsherein

10.DocumentsRequiredatorBeforeClosing:10.1FivedayspriortotheClosingdateEscrowHoldershallobtainanupdatedTitleCommitmentconcerninglhePrepenyfromtheTitle CompanyandprovidecopiesthereoftoeachoftheParties10,2SellershalldelivertoEscrowHolderinlimefotdeliverytoBuyerattheClosing:(a)Grantorgeneralwarrantydeed,dulyexecutedandinrecordableform,conveyingfeetitletothePropertytoBuyer.(b)Ifapplicable,theBeneﬁciaryStatementsconcerningExistingNote(s)‘(c)Ifapplicable;theExistingLeasesandOtherAgreementstogetherwithdulyexecutedassignmentsthereofbySellerandBuyer.TheassignmentofExistingLeasesshallbeonthemostrecentASSIgnmentandAssumptionofLessorslnteres‘inLeaseformpublishedbytheAIRoritsequivalent.(d)AnafﬁdavitexecutedbySellertotheeffectmatSellerisnota”foreignperson"withinthemeaningofInternalRevenueCodeSection1445orsuccessorstatutes.IfSellerdoesnotprovidesuchafﬁdavitinformreasonabfysatisfactorytoBuyeratleast3businessdaysprior totheClosing,EscrowHoldershallattheClosingdeductfromSellersproceedsandremittotheInternalRevenueServicesuchsumasis requiredbyapplicableFederallawwithrespecttopurchasesfromforeignsellers.(e)lftheP(opel‘tyislocatedinCalifornia,anafﬁdavitexecutedbySellertotheeffectthatSellerisnota”nonresident"wkhin(hemeaningofCaliforniaRevenueandTaxCodeSection18662orsuccessorstatutes.IfSellerdoesnotprovidesuchafﬁdavitinformreasonablysatisfactorytoBuyeratleas‘3businessdayspn‘ortotheClosing,EscrowHoldershalla!‘heClosingdeductfromSeller'sproceedsandremitIo theFranchiseTaxBoardsuchsumasisrequiredbysuchstatute.(g\f)lfapplicable.ablllofsale,dulyexecuted,conveyingtitletoanyincludedpersona!propertytoBuyer.(g)IftheSellerisacorporation.adulyexecutedcorporateresolutionauthorizingtheexecutionofthisAgreementandthesaleoftheProperty.10.3BuyershalldelivertoSellerthroughEscrow:(a)ThecashportionofmePurchasePriceandsuchadditionalsumsasarerequiredofBuyerunderthisAgreementshallbedepositedbyBuyerwithEscrowHolder.byfederalfundswiretransfer,oranyothermethodacceptabletoEscrowHolderinimmediatelycollectablefunds.nolaterthan2:00P.M.onthebusinessdaypriortatheExpectedClosingDateprovided,however‘thatBuyershallnotberequiredtodepositsuchmoniesintoEscrowifatthelimesetforthedepositofsuchmoniesSellerisindefaunorhasindicatedthatitwillnotperformanyofitsobligationshereunder.Instead,insuchcircumstancesinordertoreserveitsrightstoproceedBuyerneedonlyprovideEscrowwithevidenceestablishingthattherequiredmonieswereavailable.(b)IfaPurchaseMoneyNoteandPurchaseMoneyDeedofTrustarecalledforbythisAgreement.thedulyexecutedoriginalsofthosedocuments,thePurchaseMoneyDeedofTrustbeinginrecordableform,togetherwithevidenceofﬁreinsuranceonlheimprovementsin theamountofthefullreplacementcostnamingSellerasamortgagelosspayee.andarealestatetaxservicecontract(atBuyer'sexpense),assuringSellerofnoticeofthestatusofpaymentofrealpropertytaxesduringthelifeofthePurchaseMoneyNole.(c)TheAssignmentandAssumptionofLessorsInterestinLeaseformspeciﬁedinparagraph10.2(c)above,dulyexecutedbyBuyer.(d)AssumptionsdulyexecutedbyBuyeroftheobligationsofSellerthataccrueaﬂerCiosingunderanyOtherAgreements‘(e)Ifapplicable.awrittenassumpﬁondulyexecutedbyBuyerof(heloandocumentswithrespecttoExistingNotes.(f)If[heBuyerisacorporation,adulyexecutedcorporateresolutionauthorizingtheexecutionofthisAgreementandthepurchaseortheProperty. "

10.4AtClosing,EscrowHoldershallcausetobeissuedtoBuyerastandardcoverage(orALTAextended.ifelectedpursuantto9.1(g))owner‘sformpolicyoftllleinsuranceeffectiveasoftheClosing,issuedbytheTitleCompanyinthefullamountofthePurchasePrice,insuringtitletolhePropertyves‘edinBuyer.subjectonlytotheexceptionsapprovedbyBuyer.IntheeventthereisaPurchaseMoneyDeedofTrustin thistransaction,thepolicyoftitleinsuranceshallbeajointprotectionpoiicyinsuringbothBuyerandSeller.IMPORTANT:INAPURCHASE0REXCHANGEOFREALPROPERTY.ITMAYBEADVISABLETOOBTAINTITLEINSURANCEINCONNECTIONWITHTHECLOSEOFESCROWSINCETHEREMAYBEPRIORRECORDEDLIENSANDENCUMBRANCESWHICHAFFECTYOURINTERESTINTHEPROPERTYBEINGACQUIRED.ANEWPOLICYOF11TLEINSURANCESHOULDBEOBTAINEDINORDERToENSUREYOURINTERESTINTHEPROPERTYTHATYOUAREACQUIRING.11.ProrationsandAdjustments.11,1Taxes.ApplicablerealpropertytaxesandspecialassessmentbondsshallbeproratedthroughEscrowasofthedateoftheClosing,baseduponthelatesttaxbillavailable.ThePaniesagreetoprorateasoftheClosinganytaxesassessedagainstlheProperlybysupplementalbillleviedbyreasonofeventsoccurringpriortotheClosing.Paymentoftheproratedamountshallbemadepromptlyincashuponreceiptofacopyofanysupplementalbill.

11.2Insurance.WARNING:AnyinsurancewhichSellermayhavemaintainedwillterminateontheClosing.Buyerisadvisedto obtainappropriateinsurancetocovertheProperty.11.3Rentals,InterestandExpenses.Scheduledrentals.interestonExistingNotes,utilities‘andoperatingexpensesshallbeproratedasofthedateofClosing.ThePamesagreetopromptlyadjustbetweenthemselvesoutsideofEscrowanyremsreceivedaﬂerlheClosing.11.4SecurityDeposit.SecurityDepositsheldbySellershallbegiventoBuyerasacredittothecashrequiredofBuyerattheClosing.

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ﬂ mmALs©2019AIRCRE.AllnghmReserved. 0FA-20.20,Revised11-25—2019Producedwithz’nFon-nmbyzipLugix13070FifteenMileRoad,Fraser.Mimigan43026Wm777EOliveAve

11.5PostClosingMattersAnyitemlobeproratedthatisnotdeterminedordeterminableattheClosingshal!bepromptlyadjustedbythePaniesbyappropriatecashpaymentoutsideoftheEscrowwhentheamountdueisdetermined11,6VariationsinExistingNoteBalances.IntheeventthatBuyerispurchasing(hePropertysubjecttoanExistingDeedofTrust(s).andintheeventthataBeneﬁmaryStatementaslotheapplicableExistingNote(s)disclosesthatmeunpaidprincipalbalanceofsuchExistingNote(s)attheclosingwillbemoreorlessthantheamountsetfonhinparagraph3,1(c)hereof("ExistingNoteVarlatlon").thenthePurchaseMoneyN0te(s)shallbereducedorincreasedbyanamountequaltosuchExistingNoteVariation.lfthereistobenoPurchaseMoneyNote‘thecashrequiredattheClosingperparagraph3.1(3)shallbereducedorincreasedbytheamountofsuchEx4stingNoteVariation.11.7VariationsinNewLoanBalance.IntheeventBuyerisobtainingaNewLoanandtheamountultimatelyobtainedexceedstheamountsetforthinparagraph5.1,thentheamountofthePurchaseMoneyNote,ifany,shallbereducedbytheamounlofsuchexcess.11.8Owner‘sAssociationFees.EscrowHoldershall:(i)bringSeller'saccountwiththeassociationcurrentandpayanydelinquenciesortransferfeesfromSeller‘sproceeds,and(ii)payanyupfrontfeesrequiredbytheassociationfromBuyer‘sfunds12.RepresentationsandWarrantiesofSellerandDisclaimers.12.1Seller'swarrantiesandrepresentationsshallsurvivetheClosinganddeliveryofthedeedforaperiodof3years,andanylawsuitoractionbaseduponlhemmustbecommencedwithinsuchtimeperiod.Seller'swarrantiesandrepresentationsaretrue.materialandrelieduponby-auyerandBmkusInailreaped:SellerherebymakesmefollowingwarmnllesandrepresenlullﬂrﬂmBuyerandEmitters!{a}gummya:SewersaferasIheownnrohhaProgenyandmrhaatheTunright.unwerandaulhunwInsell.conveyandtransterthePropertytoBuyerasprovidedherein,andtoperformSellersobligationshereunder‘(b)MaintenanceDuringEscrowandEquipmentConditionArClosing.Exceptasotherwiseprovidedinparagraph9.1m)hereof.SellershallmaintaintheProperlyuntiltheClosinginitspresentcondition,ordinarywearandtearexcepted.(c)HazardousSubstances/StorageTanks.Sellerhasnoknowledge,exceptasotherwisedisclosedtoBuyerinwriting,oftheexistenceorpriorexistenceonthePropenyofanyHazardousSubstance.noroftheexistenceorpriorexistenceofanyaboveorbelowgroundstoragetank.(d)Compliance.Exceptasmherwisedisclosedinwn‘ﬁng,SellerhasnoknowiedgeofanyaspectorconditionofthePropertywhichviolatesapplicablelaws,rules,regulations,codesorcovenants,conditionsorrestrictions,orofimprovementsoralterationsmadetothePropertywi‘houtapermitwhereonewasrequired.orofanyunfulﬁlledorderordirectiveofanyapplicablegovernmentalagencyorcasualtyinsurancecompanyrequiringanyinvestigation.remediation,repair,maintenanceorimprovementbeperformedonthePropeny‘(e)ChangesinAgreements.Priort0[heClosing,SellerwillnotviolateormodifyanyExistingLeaseorO‘herAgreement,orcreateanynewleasesorotheragreementsaffectingtheProperty‘withoutBuyer'swrittenapproval,whichapprovalwillnotbeunreasonablywikhheld(f)PossessoryRights.Sellerhasnoknowledgethatanyonewill,altheClosing,haveanyrighttopossessionoflheProperty,exceptasdisclosedbythisAgreementorotherwiseinwritingtoBuyer.(g)Mechanics'Liens,Therearenounsatisﬁedmechanics‘ormaten'almens'lienrightsconcerningtheProperty.(h)Actions,SuitsorProceedings.Sellerhasnoknowledge0fanyactions.suitsorproceedingspendingor‘hrealenedbeforeanycommission,board,bureau,agency,arbitrator,courtortribunalthatwouldaffectthePropenyortherighttooccupyorutilizesame.(i)NoticeofChanges.SellerwillprompuynotifyBuyerandBrokersinwritingofanyMaterialChange(seeparagraph9.1(o))affectingthePropertythatbecomesknowntoSellerpriortotheClosing.(j)NoTenantBankruptcyProceedings.SellerhasnonoticeorknowiedgethatanytenantofthePropertyisthesubjectofabankruptcyorinsolvencyproceeding.(k)NoSellerBankruptcyProceedings.Sellerisnotthesubjectofabankruptcy,insolvencyorprobateproceeding.(l)PersonalProperty.SellerhasnoknowledgethatanyonewilLattheClosing,haveanyrightt0possessionofanypersonalpropertyincludedinthePurchasePricenorknowledgeofanyliensorencumbrancesaffecxingsuchpersonalpropeny,exceptasdisclosedby[hisAgreementorotherwiseinwrltingtoBuyer‘12.2Buyerherebyacknowiedgesthat,exceptasotherwisestatedinthisAgreement,BuyerispurchasingthePropertyinitsexistingconditionandwill,bythelimecalledforherein.makeorhavewaivedallinspectionsofthePropertyBuyerbelievesarenecessarytoprotectKsowninlereslin,anditscontemplateduse0f,theProperty.ThePartiesacknowledgethat,exceptasotherwisestatedinthisAgreement,norepresentau‘ons.inducements,promises.agreements,assurances.oralorwriﬂen,concerningtheProperty.oranyaspectoftheoccupationalsafetyandhealthlaws,HazardousSubstancelaws.oranyotheract,ordinanceorlaw‘havebeenmadebyeitherPartyorBrokers.orrelieduponbyeitherPartyhereto.12,3IntheeventthatBuyerlearnsthataSellerrepresentationorwarrantymightbeuntruepn‘ortotheClosing.andBuyerelectstopurchaselhePropertyanywaythen.andinthatevent,BuyerwaivesanyrightthatitmayhavelobringanactionorproceedingagainstSellerorBrokersregardingsaidrepresentationorwarranty.12,4Anyenvironmentalreports,soilreports,surveys,andothersimilardocumentswhichwerepreparedbythirdpartyconsultantsandprovidedtoBuyerbySellerorSeller‘srepresentatives,havebeendeliveredasanaccommodationloBuyerandwithoutanyrepresentationorwanantyastothesufﬁciency,accuracy,completeness,andlorvalidityofsaiddocuments.allofwhichBuyerreliesonatitsownn'sk.Sellerbelievessaiddocumentstobeaccurate.butBuyerisadvisedtoretainappropn‘aieconsultantstoreviewsaiddocumentsandinvestigatetheProperty.13.PossessionPossessionofthePropertyshallbegiventoBuyerattheClosingsubiecttothen'ghlsoftenantsunderExistingLeases.14.BuyersEntry.AtanytimeduringtheEscrowperiod,Buyer.anditsagentsandrepresentatives.shallhavetherightatreasonabletimesandsubiecttorightsoftenants,toenteruponthePropertyforthepurposeofmakinginspectionsandtestsspeciﬁedin(hisAgreement.Nodestructivetestingshallbeconducted,however,withoutSeller‘spriorapprovalwhichshallnotbeunreasonablywithheld.Followinganysuchentryorwork,unlessotherwisedirectedinwritinghySeiler.BuyershallreturnthePropertytotheconditionitwasinpn'ortosuchentryorwork,including(herecompactionorremovalofanydisruptedsoilormaterialasSellermayreasonablydirect.AJIsuchinspectionsandtestsandanyotherworkconductedor Lﬂ"PAGE7OF11

INITIALS
©2019AIRCRE.Al|RightsReserved. 0FA—20.20,Revised11-25-2019Producedvnlh2pr0thbyzipLogix18070FifteenMrleRoad.FraserMudugan43025manual};777EOliveAve materialsfurnishedwithrespecttothePropertybyorforBuyershallbepaidforbyBuyerasandwhendueandBuyershallindemmfy,defend,protemandholdharmlessSellerandthePropenyofandfromanyandallclaims,liabilities,losses,expenses(includingreasonableattorneys'fees).damages,includingthoseforinjurytopersonorproperty,arising0U!oforrelatingloanysuchworkormaterialsortheacts0rumissionsof Buyer,itsagentsoremployeesinconnectiontherewith.15.FurtherDocumentsandAssurances.ThePartiesshalleach.diligentlyandingoodfaith.undertakeallactionsandproceduresreasonablyrequned(oplacetheEscrowinconditionfor ClosingasandwhenrequiredbythisAgreemem.ThePaniesagreeloprovideallfurtherinformation:andtoexecuteanddeliverallfurtherdocuments.reasonablyrequiredbyEscrowHolderortheTitleCompany.1G.Attorneys'Fees.IfanyPartyorBrokerbringsanactionorproceeding(includingarbitralion)involvingthePropertywhetherfoundedintort,contractorequity,ortodeclarerightshereunder,thePrevailingParty(ashereafterdeﬁned)inanysuchproceeding.action‘orappealthereon.shallbeentitledtoreasonableattorneys'feesandcosts.Suchfeesmaybeawardedinthesamesuitorrecoveredinaseparatesuit.whetherornotsuchactionorproceedingispursuedtodecisionorjudgmentTheterm"PrevailingParty"shallinclude',withoutlimitation,aPany0rBrokerwhosubstantiallyobtainsordefeatsmereliefsought,asthecasemaybe.whetherbycompromise,settlement,judgment.ortheabandonmentbytheotherPartyorBrokerofitsclaimordefense.Theattorneys'feesawardshallnotbecomputedinaccordancewithanycourtfeeschedule,butshallbesuchastofullyreimburseallattorneys'feesreasonablyincurred.17.PriorAgreements/Amendments.17,1ThisAgreementsupersedesanyandallprioragreementsbetweenSeilerandBuyerregardingtheProperty.17‘2AmendmentstothisAgreementareeffeciiveonly1fmadein\MitingandexecutedbyBuyerandSeller.1B.Broker‘snghts.18.1Iflhissaleisnotconsummateddue(othedefaultofeithertheBuyerorSeller,lhedefaultingPartyshallbeliabletoandshallpaytoBrokerstheBrokerageFeethatBrokerswouldhavereceivedhadthesalebeenconsummated.IfBuyeristhedefaultingpany.paymentofsaidBrokerageFeeisinadditiontoanyobligationwithrespecttoliquidaledorotherdamages.18.2UpontheClosing,Brokersareauthorizedtopublicizethefactsufthistransaction.15.Notlces.19.1WheneveranyParty.EscrowHolderorBrokershereinshalldesiretogiveorserveanynotice,demand.request,approval,disapprovalorothercommunication,eachsuchcommunicationshallbeinwritingandshallbedeliveredpersonally.bymessengerorbymail,postageprepaid.t0theaddresssetforthinthisAgreementorbyfacsmiletransmission.electronicsignature,digitalsignature,oremail.19.2Serviceofanysuchcommunicationshallbedeemedmadeonthedateofactualreceiptifpersonallydelivered,ortransmittedbyfacsimiletransmission,electronicsignature.digitalsignature,oremail.Anysuchcommunicationsentbyregularmai|shallbedeemedgiven48hoursafterthesameismailed.CommunicationssentbyUnitedStatesExpressMailorovernightcourierthatguaranteenextdaydeliveryshallbedeemeddelivered24hoursafterdeliveryofthesametothePostalServlceorcourier.IfsuchcommunicationisreceivedonaSaturday,Sundayorlegalholiday.itshallbedeemedreceivedonthenextbusinessday.19.3AnyPartyorBrokerheretomayfromtimetotime,bynoticeinwriting,designateadifferentaddresstowhich,oradifferentpersonoradditionalpergonstowhom.allcommunicationsarethereaftertobemade.20.DurationofOffer.20.1IfthisofferisnmacceptedbySelleronﬂrbefore5:00PM.accordingtothetimestandardapplicabletotheciworFrggno.CA ontheda‘eofM. itshallbedeemedautomaiicallyrevoked.20.2TheacceptanceofthisofferorofanysubsequentcounterofferheretothatcreatesanagreementbetweenthePartiesasdescribedinparagraph1.2shallbedeemedmadeupondeliverytotheotherPartyoreitherBrokerherein0fadulyexecutedwritingunconditionallyacceptingthelastoutstandingofferorcounteroffer.21.LIQUIDATEDDAMAGES= = - A ' ' ' THEPARTIESAGREETHATITWOULDBEIMPRACTICABLEOREXTREMELYDIFFICULTTOFIXPRIORTOSIGNINGTHISAGREEMENT,THEACTUALDAMAGESWHICHWOULDBESUFFEREDBYSELLERIFBUYERFAILST0PERFORMITSOBLIGA'HONSUNDERTHISAGREEMENT.THEREFORE,IF,AFTERTHESATISFACTIONORWAIVEROFALLCONTINGENCIESPROVIDEDFORTHEBUYER‘SBENEFIT,BUYERBREACHESTHISAGREEMENT,SELLERSHALLBEEN11TLEDTOLIQUIDATEDDAMAGESINTHEAMOUNTOF§4Ol000.00 .UPONPAYMENTOFSAIDSUMT0SELLERBUYERSHALLBERELEASEDFROMANYFURTHERLIABILITYT0SELLER,ANDANYESCROWCANCELLATIONFEESANDTITLECOMPANYCHARGESSHALLBEPAIDBYSELLER. —'lIs | lntials

12.ARBITRATIONOFDISPUTES.(ThisArbitrationofDisputesparagraphisapplicableonlyifinitialedbybothParties.)22.1ANYCONTROVERSYASTOWHETHERSELLERISENTITLEDTOTHELIQUIDATEDDAMAGESAND/ORBUYERISENTITLEDTOTHERETURNOFDEPOSITMONEY.SHALLBEDETERMINEDBYBINDINGARBITRATIONBY.ANDUNDERTHECOMMERCIALRULESOFTHEAMERICANARBITRATIONASSOCIATION("COMMERCIALRULES“).ARBITRATIONHEARINGSSHALLBEHELDINTHECOUNTYWHERETHEPROPERTYISLOCATED.THENUMBEROFARBITRATORSSHALLBEASPROVIDEDINTHECOMMERCIALRULESANDEACHSUCHARBITRATORSHALLBEANIMPARTIALREALESTATEBROKERWITHATLEAST5YEARSOFFULLTIMEEXPERIENCEINBOTHTHEAREAWHERETHEPROPERTYISLOCATEDANDTHETYPEOFREALESTATETHATISTHESUBJECTOFTHISAGREEMENT.THEARBITRATORORARBITRATORSSHALLBEAPPOINTEDUNDERTHECOMMERCIALRULESANDSHALLHEARANDDETERMINESAIDCONTROVERSYINACCORDANCEWITHAPPLICABLELAW,THEINTENTIONOFTHEPARTIESASEXPRESSEDINTHISAGREEMENTANDANYAMENDMENTSTHERETO.ANDUPONTHEEVIDENCEPRODUCEDATANARBITRATION - PAGEa0F11 M—' mmALs©2019AIRCRE.AllRightsReserved. OFA-20.20.Revised11-25-2019Druduoedwnh3‘meDyzipLogwx18070FiﬂeenMileRnad,Frassr,Michigan48026Mmmlmm 777EOliveAve HEARING.PREiARElTRATIONDISCOVERYSHALLBEPERMITTEDINACCORDANCEWITHTHECOMMERCIALRULESORSTATELAWAPPLICABLETOARBITRAT!ONPROCEEDINGS.THEAWARDSHALLBERENDEREDWITHIN30DAYSAFTERTHECONCLUSIONOFTHEHEARING‘ANDMAYINCLUDEATTORNEYS‘FEESANDCOSTSTOTHEPREVAILJNGPARTYPERPARAGRAPH16HEREOFJUDGMENTMAYBEENTEREDONTHEAWARDINANYCOURTOFCOMPETENTJURISDICTIONNOTWITHSTANDINGTHEFAILUREOFAPARTYDULYNOTIFIEDOFTHEARBITRATIONHEARINGTOAPPEARTHEREAT.22.2BUYER'SRESORTTOORPARTICIPATIONINSUCHARBITRATIONPROCEEDINGSSHALLNOTBARSUITINACOURTOFCOMPETENTJURfSDlCTIONBYTHEBUYERFORDAMAGESAND/ORSPECIFICPERFORMANCEUNLESSANDUNTILTHEARB‘TRATIONRESULTSINANAWARDTOTHESELLEROFLIQUIDATEDDAMAGES.INWHICHEVENTSUCHAWARDSHALLACTASABARAGAINSTANYACTIONBYBUYERFORDAMAGESAND/ORSPECIFICPERFORMANCE,22.3NOTICE:BYINITIALINGINTHESPACEBELOWYOUAREAGREEINGTOHAVEANYDISPUTEARISINGOUTOFTHEMATTERSINCLUDEDINTHE“ARBITRATIONOFDISPUTES”PROVISIONDECIDEDBYNEUTRALARBITRATIONASPROVIDEDBYCALIFORNIALAWANDYOUAREGIVINGUPANYRIGHTSYOUMIGHTPOSSESSTOHAVETHEDISPUTELITIGATEDINACOURTORJURYTRIAL.BYINITIALINGINTHESPACEBELOWYOUAREGIVINGUPYOURJUDICIALRIGHTSTODISCOVERYANDAPPEAL,UNLESSSUCHRIGHTSARESPECIFICALLYINCLUDEDINTHE"ARBITRATIONOFDISPUTES"PROVISION.IFYOUREFUSETOSUBMITTOARBITRATIONAFTERAGREEINGTOTHISPROVISION.YOUMAYBECOMPELLEDTOARBITRATEUNDERTHEAUTHORITYOFTHECALIFORNIACODEOFCIVILPROCEDURE.YOURAGREEMENrTOTHISARBITRATIONPROVISIONISVOLUNTARY.WEHAVEREADANDUNDERSTANDTHEFOREGOINGANDAGREETOSUBMHDISPUTESARISINGOUTOFTHEMATTERSINCLUDEDINTHE"ARBITRATIONOFDISPUTES“PROVISIONTONEUTRALARBITRATION Buyer\nitials SellerInitials

23.Miscellaneous.23.1BlndingEffect.ThisAgreementshallbebindingonthePartieswithoutregardtowhetherornotparagraphs21and22areinitialedbybothoftheParties,Paragraphs21and22areeachincorporatedintothisAgreementonlyifinitialedbybothPartiesatthetimethattheAgreementisexecuted.Signatures10thisAgreementaccomplishedbymeansofelectronicsignatureorsimilartechnologyshallbelegalandbinding.23.2ApplicableLaw.ThisAgreementshallbegovernedby.andparagraph22.3isamendedtoreferto,lhelawsoflhestateinwhichthePropertyislocated.AnylitigationorarbitrationbetweenthePaniesheretoconcerningthisAgreementshallbeinitiatedinthecountyinwhichthePropertyIslocated.23.3TimeofEssence.TimeisoftheessenceofthisAgreement.23.4Counterpans.ThisAgreementmaybeexecutedbyBuyerandSellerincounterparts,eachofwhichshallbedeemedanoriginal.andallofwhichtogethershallconstituteoneandthesameinstrument.EscrowHolder.afterverifyingthatthecounterpartsareidenticalexceptforthesignatures,isauthorizedandinstructedIocombinethesignedsignaturepagesononeofthecounterparts,whichshallthenconstitutetheAgreement.23.5WaiverofJuryTrial.THEPARTIESHEREBYWAIVETHEIRRESPECTIVERIGHTSTOTRIALBYJURYINANYACTION0RPROCEEDINGINVOLVINGTHEPROPERTY0RARISINGOUTOFTHISAGREEMENT.23.6Conﬂict.AnyconﬂictbetweentheprintedprovisionsofthisAgreementandthetypewrittenorhandwrittenprovisionsshallbecontrolledbythetypewritienorhandwrinenprovisions.SellergngBuyermug;in'ﬂa]E:anya||haugwrlﬂgnnggxigigng23.71031Exchange.BothSellerandBuyeragreet0cooperatewitheachotherintheeventthateitherorbothwishtopanicipateina1031exchange.Anypartyinitiahnganexchangeshallbearallcostsofsuchexchange.ThecooperatingPartyshallnothaveanyliability(specialorotherwise)fordamagestotheexchangingPartyintheeven!thatthesaleisdelayedandlorthatthesaleomerwisefailstoqualifyasa1031exchange.23.8Days.Unlessothewvisespeciﬁcallyindicatedtathecontrary‘(heword"days"asusedinthisAgreementshallmeanandrefertocalendardaysv24.DisclosuresRegardingTheNatureofaRealEstateAgencyRelatlonshlp.24,1ThePartiesandBrokersagreethattheirrelationship(s)shallbegovernedbytheprinciplessetformintheapplicablesectionsoftheCaliforniaCivilCode,assummarizedinparagraph24.2.24.2WhenenteringIntoadiscussionwitharealestateagentregardingarealestatetransaction.aBuyerorSellershouldfromtheoutsetunderstandwhattypeofagencyrelationshlporrepresentationithaswimtheagentoragentsinthetransaction.BuyerandSelleracknowledgebeingadvisedbytheBrokersinthustransaction.asfollows:(a)Seller’sAgentASeller‘sagentunderalistingagreementwiththeSelleractsastheagentfortheSelleronly.ASeller'sagentorsubagenthasthefollowingafﬁrmativeobligations;(1)To(heSeller:Aﬁduciarydutyofutmostcare,integrity,honesty,andloyaltyindealingswiththeSeller.(2)TotheBuyerandtheSeller:a.Diligentexerciseofreasonableskillsandcareinperformanceoftheagent'sduties,b,Adutyofhonestandfairdealingandgoodfaith.c.Adutytodiscloseallfactsknowntotheagentmaten‘altyaffecting[hevalueordesirabilityofthepropenytha‘arenotknownto.orwithinthediligentattentionandobservationof,theParties.AnagentisnotobligatedtorevealtoeitherPartyanyconﬁdentialinformationobtainedfromtheotherPartywhichdoesno‘involvetheafﬁrmativedutiessetforthabove.(b)BuyersAgent.Asellingagentcan,withaBuyer‘sconsent,agreeloactasagentforlheBuyeronly.Inthesesituaﬁons,theagentisnottheSeller‘sagent,evenifbyagreementtheagemmayreceivecompensationforservicesrendered.eitherrnfullorinpartfromtheSeller.AnagentactingonlyforaBuyerhasthefollowingafﬁrmativeobligations.(1)TotheBuyer:Aﬁduciarydutyofutmos(care‘integrity‘honesty,andloyaltyindealingswimtheBuyer.(2)TotheBuyerandtheSeller:a,Diligentexerciseofreasonableskillsandcareinperformanceofkheagent'sduties.b.Adutyofhonestandfairdealingandgoodfaith.c.Adutytodiscloseallfactsknownlotheagentmateriallyaffectingthevalueordesirabilityofthepropertythatarenotknownlo‘orwithinthediligentattentionandobservationof.thePanies.AnagentisnotobligatedtorevealtoeitherPartyanyconﬁdentialinformationobtainedfromtheotherPartywhichdoesnotinvoIvetheafﬁrmativedutiessetforthabove.(c)AgentRepresentingBothSellerandBuyer‘Arealestateagent.eitheraclingdirectlyor‘hroughoneormoreassociatelicenses,canlegallybetheagemofboththeSellerandtheBuyerinatransaction.butonlywilhtheknowledgeandconsentofboththeSellerandE:PAGE90F11 iNmALs©2019AIRCRE.AllRightsReserved. OFA-20.20,Revised1145.2019Pruducsd\wlhzpFormObyzIpLogx18070ﬁfteenMileRoad‘FraserMicmgan480%«uggunmm777EOhveAve Buyer.(1)1nadualagencysituaﬁon,theagenthasthefollowmgafﬁrmativeobligationstoboththeSellerandtheBuyera,Aﬁduciarydutyofutmostcare.integrity,honestyandloyaltyinthedealingswitheitherSellerortheBuyer.b.OtherdutieslotheSellerandtheBuyerasstatedaboveintheirrespectivesections(a)or(b)ofthisparagraph24.2.(2)InrepresentingbolhSellerandBuyer,theagentmay.notwithouttheexpresspermissionofHuerespeclweParty,msclasatotheulherPart5.-cunrulenlgalinmnnatiun.|ncludmgDulnotIimiledto.rantsrElatIngtaeitherBuyer's.crSeller‘sﬁnancialposition.motivations.bmgainingpasirmn.arnthelpalsanal-:nl'mmatuonthatmayImpactprlcu.mcludmvuBalersMlllngrnzasIoacceptapriceJessmarlmeliatingpdcr:mBuyersWllllngllessIL1paynpricegrealcrmanllwepriceUﬂered-E33T519BUU'JDdutiesD1lheagemInarealL-slalerransacﬁundon91miiewgaSellelorBuys“[rumtheresponsihllnyInprolemtheirmmIntmu-sts.BuyerandSell'mz-hwldcarelmlyreamallagreementsToasaureIhatIhnvadequamlyexpresstheirumievstansingofihe1mnsac1mn.ArealestateagentIsapersonqualinmltoadvisenbcmrealestalo.IflegaladmcaIsdesiredcunsuliacompetentprofessional:FILI'tmhas1h!IILI1vloexercisereaaunahlycaneIuprunedBuyer,Indudlngas.Inthoseramsaboutuh:Propemrwhichan:krmwnIaBuys:mthir.Buyer'sdiligentﬂuentlonandohsemaunn.BumSeilerandBuyershnumsllunglyconsidernbtainmgiaxadvlce1mmammp-elentproiesaionalbecausethefederaiandstate1a:cunseauencrzsofatransactioncanbecomplexandsubjectlochange.(d)FuriherDisclosures.ThroughoutthistransactionBuyerandSellermayreceivemorethanonedisclosure,dependinguponthenumberofagemsassistinginthetransadion,BuyerandSellershouldeachreaditscontents.eachtimeitispresented,consideringtherelationshipbetweenthemandtherealestateagentinthistransactionandthatdisclosureBuyerandSellereachacknowiedgereceiptofadisclosureofthepossibilityofmultiplerepresentationbytheBrokerrepresentingthatprincipal.Thisdisclosuremaybepanofalistingagreement,buyerrepresentationagreementorseparatedocument.BuyerunderstandsthatBrokerrepresentingBuyermayalsorepresentotherpotentialbuyers.whomayconsider.makeofferson0rultimatelyacquiretheProperty.Sellerunderstands(ha‘BrokerrepresentingSellermayalsorepresentothersellerswithcompetingpropertiesthatmaybeofinteresttolhisBuyer.BrokershavenoresponsibilitywithrespecttoanydefaultorbreachhereofbyeitherParty.ThePaniesagreethatnolawsuitorotherlegalproceedingInvolvinganybreach0fduty,errororomissionrelatingtothisIransactionmaybebroughtagainstBrokermorethanoneyearaﬂertheDateofAgreementandthatlheliability(includingcourtcostsandallorneys‘fees),ofanyBrokerwithrespecttoanybreachofdmy,errororomissionrelatingtothisAgreementshallnotexceedthefeereceivedbysuchBrokerpursuantto‘hxsAgreement;provided,however.thattheforegoinglimitationoneachBroker'sliabilityshallnotbeapplicabletoanygrossnegligenceorwillfulmisconductofsuchBroker.24,3ConﬁdentialInformation:BuyerandSelleragreetoIdentifytoBrokersas"Conﬁdential“anycommunicationorinformationgivenBrokersthatisconsideredbysuchPartytobeconﬁdential‘25.ConstructionofAgreement.InconstruingthisAgreement,allheadingsand[mesarefortheconvenienceofthePartiesonlyandshallnotbeconsideredapart0fthisAgreement.Wheneverrequiredbythecontextthesingularshallincludethepluralandviceversa.ThisAgreememshallnotbeconsnuedasifpreparedbyoneoftheParties,butratheraccording10itsfairmeaningasawhole.asifbothPartieshadpreparedit. I

26.AdditionalProvlsions:Additionalprovisionsofthisoffer.ifany.areasfollowsorareattachedheretobyanaddendumoraddendaconsistingofparagraphs26.1through26.4 ,(lftherearenoadditionalprovisionswrite"NONE".) ﬂInreferencetoparagraph2.3,ThePropertyincludes,atnoadditionalcosttoBuyer,thefallawggltgm:businessaaﬁatginclude:11fixedauditoriumchairsandfixed{urnulunqanotreferencedin26.2.w#1Inreferawggatapazaqraph2.3,”Th3Proﬁt”DOES.NOLLygludqThutowerbuggies:entitle:and.§11_rightstherein.igglugggnn“mm?”ﬂandrights.thhyatcha-dglassoi1:11.- Huntsman.alllighting/sound/proiectionequipmentandancillaryewnt,JBLspeakersonthesidesofauditonumallmemorabilia_@coratmna!pzoductEithinthﬂTWO:GELSEQEJ311cookinq/barequipmentandtghles/chairsinthetowerlounge,personalartworkandpaintinqs,allofficeeggimentandcomguters,liqhtinntrusslandallothergemspresentatthedateofagreement. _mM1ingnggtiannshallb39E;a___:_rannadwithatlaaat24hour:noticeand3tadatagmmadeemedacceptablebySELLER.Thereshallbenounarranqedshowinqsorunexnectedtours.hZGIISellershallhaveoneweekpostcloseofescrowtocancelcurrentcontracts/shows/events.

ATTENTION:NOREPRESENTATION0RRECOMMENDATIONISMADEBYTHEAIRCREORBYANYBROKERAST0THELEGALSUFFICIENCY,LEGALEFFECT,0RTAXCONSEQUENCES0FTHISAGREEMENTORTHETRANSACTIONTOWHICHITRELATES.THEPARTIESAREURGEDTO:1. SEEKADVICE0FCOUNSELASTOTHELEGALANDTAXCONSEQUENCESOFTHISAGREEMENT.2. RETAINAPPROPRIATECONSULTANTSTOREVIEWANDINVESTIGATETHECONDITIONOFTHEPROPERTY.SAIDINVESTIGATIONSHOULDINCLUDEBUTNOTBELIMITEDTO:THEPOSSIBLEPRESENCEOFHAZARDOUSSUBSTANCES,THEZONING0FTHEPROPERTY,THEINTEGRITYANDCONDITION0FANYSTRUCTURESANDOPERATINGSYSTEMS,ANDTHESUITABILITYOFTHEPROPERTYFORBUYER'SINTENDEDUSE.

WARNING:IFTHEPROPERTYISLOCATEDINASTATEOTHERTHANCALIFORNIA,’CERTAINPROVISIONSOFTHISAGREEMENTMAYNEEDTOBEREVISEDTOCOMPLYWITHTHELAWSOFTHESTATElNWHICHTHEPROPERTYISLOCATED.NOTE:1. THISFORMISNOTFORUSEINCONNECTIONWITHTHESALEOFRESIDENTIALPROPERTY.2. lFEITHERPARTYISACORPORATION,ITISRECOMMENDEDTHATTHISAGREEMENTBESIGNEDBYTWOCORPORATEOFFICERS. é“I
INITIALS©2019AIRCRE.AllRightsReserved. OFA~ZD.20,Revised11-25-2019Producedwm-2prorm®byzipLagix‘5070FxﬂeenMlleRoadFraser.Michigan48026WW777EOliveAve PAGE100F11
TheundersignedBuyeroffersandagreestobuythePropertyonthetermsandconditionsstatedandacknowledgesreceiptofacopyhereof, BROKER8X3RealtyofCalifornia,Inc.

Att:BillRichardson
I5%:(’2;BUYERAdventureChurch,Inc._
Tiﬂe:F NamePrinted:AdventureChurchInc._Address:2603CaminoRamonSuite#200 Title“ SanRamon.CA94583 Phone:_Phone:(559)473-5333Fax: ____Fax: Email: _Email:billggﬁrg§x§s.comFederalIDNo.: By:

BrokerDRELicense#:01873277 NamePrim“?AgentDRELicense#:01924226 ““9:Phone:Fax:Email:

Address:

FederalIDNo.2
2?.Acceptance.27.1Selleracceptstheforegoingoffe(topurchasethePropertyandherebyagrees‘0sellthePropertyloBuyeronthetermsandconditionsthereinspeciﬁed.27.2InconsiderationofrealestatebrokerageservicerenderedbyBrokers.SelleragreestopayBrokersarealestateBrokerageFeein asumequaltoBuyer'sBroker2.0001.000%ofthePurchasePricetobedividedbetweentheBrokersasfollows:Seller’sBroker“ALThisAgreementshallserveasanirrevocabieinstruction1oEscrowHoldertopaysuchBrokerageFeeto1.000%and BrokersoutoftheproceedsaccruingtotheaccountofSelIerattheClosing.27‘3SelleracknowledgesreceiptofacopyhereofandauthorizesBrokerstodeliverasignedcopytoBuyer.

NOTE:APROPERTYINFORMATIONSHEETISREQUIREDTOBEDELIVEREDTOBUYERBYSELLERUNDERTHISAGREEMENT.

BROKERStrongHoldingsJIncl, DBAKwComercial
AtttKevinLandEJaredEnnis
Date:f'2?”2020SELLERTowerTheaterProductionsFortheThePerfomindArts Title:

Address:740WAlluvialAve#102,Fresno,CA93711400E.MainSt..Suite110,Visalia,CAPhone:(559)302-8698Fax:(559)432-9324Email:kevinEIﬂaredecentralcacommercial.comFederalIDNo.1BrokerDRELicense#:01864461&01841795AgentDRELicense#;01945284G01516541 By.-
NamePrinted:LaurenceAbbaeTitle:Phone:(559)999—3174Fax:Email:laurence.abbateEsbcglobal.netBy:NamePrinted:JamesL.Abbate&AndreaAbbateTitle:

AIRCRE‘hnps:llwww.aircre.com'
NOTICE:Nopartnftheworksmaybereproducedinanyformwithoutpermissioninwrltlng.

PAGE11OF11AIRCRE.AllRightsReserved.Producedwuhzprcrm®bychLogx18070FlﬂeenMileRoadFraser,Michigan48026\mwzxpgggxgym Phone;Fax:Email:

Address:815E.oliveAveFresno.CA93728
FederalIDNo.:
213-687-8777"[email protected]
WINITIALSOFA-20.20,Revised11-25-2019777EOliveAve
Al?ADDENDUMTOTHESTANDARDOFFER,AGREEMENTANDESCROWINSTRUCTIONSFORPURCHASEOFREALESTATE Date:Segtember28,2020ByandBetweenBuyer2AdventureChurch,Inc.SellerZTowerTheaterProductionsFortheThePerforminqPropertyAddress:777-815EOliveAve, Fresno}CA93728 (streetaddress‘city.state,zip)
ThisAddendumisattachedandmadepartoftheabove-referencedAgreement(saidAgreementandtheAddendumarehereinaftercollectivelyreferredtoasthe"Agreement").IntheeventofanyconﬂictbetweentheprovisionsofthisAddendumandtheprintedprovisionsoftheAgreement,thisAddendumshallcontrol. 28OPTIONTOPURCHASE:(a.)SELLERherebygrantstoBUYERanOptiontopurchasetheadjacentPremisescom,mon1yknownas1247NWishonAve,Fresno,CA93728uponthetermsandconditionshereinsetforth.(b.)Inordertoexercisethisoptiontopurchase,BUYERmustgivewrittennoticeoftheexerciseoftheoptiontoSELLERduringtheperiodfromthecloseofescrowof777-815EOliveAve, Fresno,CA93728toDecember31,2021(the"OptionPeriod"),timebeingoftheessence.Ifsuchnoticeisnotsogiven,thisoptionshallautomaticallyexpire.Atthesametimetheoptionisexercised,BUYERmustdelivertoSELLERacashier'scheckintheamountof$25,000payabletoSELLER,andfortheDepositreferredtoinparagraph4.1oftheStandardOffer,AgreementandEscrowInstructionsforthePurchaseofRealEstate.(c.)IfBUYERelectstoexercisethisoptiontopurchase,thepurchasepricetobepaidbyBUYERshallbe$1,050,000.(d.)Within7daysafterthisoptiontopurchase”isexercised,SELLERandBUYERshallgiveinstructionstoconsumatethesaletoChicagoTitle(SueMeyer), locatedat7330NPalmAva#101,FresnoCA93711,whoshallactasescrowholder,onthenormalandusualescrowformsthenusedbysuchescrowholder,asperthetermsoftheattachedStandardoffer,AgreementandEscrowInstructionsforthePurchaseofRealEstatefor1247NWishonAve,Fresno,CA93728. ﬂ/afgrﬁﬂSELLER:fl!-
4:15”!107-5AIRCRE‘https:llwww.alrcre.com*213-587-8777"[email protected]:NopartoftheworksmaybereproducedInanyformwi‘houtpermissionnwriting.f,2?i .
7 W PAGE1OF1 —.NITIALS
©2017AIRCRE.AllRigh‘sReserved. APA-1.03,Revised06-10-2019 KWCnmmercialComm!CA.740WAlllmalAve#102Frcsnu:CA9371l
Phunc5593028698Fax5594329324JaredEnnis 777EOliveAvePruduceuwimZIpForm®byZIpLogix18070HrleenMlleRoad,Fraser.Michigan45026W DocuSignEnvelopeID:D0343078-9053-4060-93F2-6F025372806A AIR151:AMENDMENTTOPURCHASEANDSALEAGREEMENTTHISAMENDMENTTOPURCHASEANDSALEAGREEMENTANDESCROWINSTRUCTIONS("Amendment")ismadeandenteredintoasofOctpggr7,2920.byandbemeen____ __ggvgngureghggghv‘r11);; ___("quer")andmm;1‘eaterProduinFth ' _______(“Sener")(colledivew.the"Parties"orindividualry,a"Party"), WHEREAS.BuyerandSeﬂerarepartiestothatcertainStandardOffer.AgreementandEscrowInstructionsforPurchaseofRealEstatedatedgggtember23‘2020(”Agreement")withrespecttolhepropertycommonlyknownas(streetaddress.ci1y,state,zip):777EOlivew,»WW_. __r “h..__.M-("PrOPedy"):

WHEREAS‘theAgveemenkhasno‘beenpreviousﬁyamendedexcept(iftherearenoexceptionswrite"NONE");mI WHEREAS.thePartieshaveopenedanescrowwithMWmgﬁggﬁg;, ("EscrowHolder"); WHEREAS,thePartiesnowdesiretoamendtheAgreementandtheirinstructionstoEscrowHolder("EscrowInstructions");~ NOW,THEREFORE.forBuyer‘spaymentoftendollars($10)toSellerandothergoodandvaluableconsideration.thereceiptandsufﬁciencyofwhichisherebyacknowledged,thePartiesherebyamendtheAgreementandtheEscrowInstructionsasfollows(listchangesbetow):. . . . . ' _ 27-}:‘
ThedefinedtermsoftheAgreementshallhavethesamemeaninginthisAmendment.SignaturestothisAmendmentaccompﬁshedbymeansofelectronicsignatureorsimilartachnologyshahbelegalandbinding.ThisAmendmentmaybeexecutedincounterpans.eachofwhkchshallbedeemedanoriginal‘andallofwhichntogethershaltconstituteoneandthesameinstrunient‘ThisAmendmemshallnotbeconstruedasifpreparedbyoneoftheParties,butaccordingtoitsfairmeaningasawhole,asifbothPartieshadprepared‘It.ExceptasspeciﬁcallyamendedbythisAmendment.theAgreementandtheEscrowlnslructionsshaltremainunchangedandcontinueinfunfarceandeffect.

ATTENTION:NOREPRESENTATIONORRECOMMENDAHONISMADEBYAIROREORBYANYBROKERSASTOTHELEGALSUFHCIENCY.LEGALEFFECT.0RTAXCONSEQUENCES0FTHISAMENDMENT.THEPARTIESAREURGEDTOSEEKADVICE0FCOUNSELAST0THELEGALANDTAXCONSEQUENCESOFTHISAMENDMENT.EXECUTEDasofthadateﬂrstwrittenabove SELLER:‘TowerTheaterProductionsForthe" BUYER:_EventuraChurch.Ino.

By;NamePrinted;Tme:Phamm.-'.___.___._..______.Phone: ,__._-___Fax: Faxt,__ _,._.—. _ _Email:gggrggﬁighbgteeabgglgbal.net Email:____ ____ ___"BY:____...______. . .._.__.._._____By:NamePrinted:Mai£41m;ﬂgteNamePrinted:I Title: Title; _Phone: Phone?___ __Fax:________ _ ____Fax: ﬂEmail:,_.__W__"_ EmaII:_Addr°353.Wq.. M51353:_ FederalIDNo; _ EggleE—JIDNo.; '-
AIRCRE'https:I/www.aircrexcom*213-887-8771‘[email protected]:NopartoftheseworksmaybereproducedInanyformwllhoutpermissionmwriting. -4214—INmALs'
©2020AIRCRE.AllRightsReserved.KWCommercialvailCA.740WAlluvialAve”'02Hum.CA917|| JaredEnnlx
Page1of1 MINITIALSATPA-1.00.Revised03-24-2020Plume:5501028693m:1'MSW777E(Riv:AvePtoducedwithzlpForrrmbyzipLogut18070FifteenMﬂaRoad,Fraser,MichtganaozsWm AIR2ndAMENDMENTTOPURCHASEANDSALEAGREEMENTTHISAMENDMENTTOPURCHASEANDSALEAGREEMENTANDESCROWINSTRUCTIONS(”Amendment")bmadeandenteredIntoasofOutmgg.2029‘. byand‘betwqenmggnmzm,Hg. __("Buyar“)andTow xProduction:z ThePextomin_("Seller")(colledlveNJhe"Pemes"orIndividually,a"Party").

WHEREAS.BuyerandSellerarepartiestothatcertainStandardOffer.AgreementIndEscrowlnslmclionsforPurchasgofRealEstatedated_mr23.2020’("Agrceman‘t")withrespecﬂothepropertycommonlyknownas(streetaddmss.city.awe.zkp):77'!EOlivemm, {gennov! CA93728-3§5ﬂ___ _ __ _ ("Propeﬂy"):

WHEREAS,theAgreementhasnotbeenpreviouslyamendedexcept(Iftherearenoexceptionswrite'NQNE'):‘mWHEREAS.theParﬁashaveopenedan'escmwwith chaﬁngring("EscrowHolder"); WHEREAS,thePartiesnowdesiretoamendtheAgreementandtheirInstructionstoEscrowHolder("Escrowlnstrucuons"):

NOW.THEREFORE,forBuyer‘spaymentoftendollars($10)toSeliarandothergoodandvamableconsiderallon.thelaceiptandsufﬁciencyofwhichi‘sherebyacknowledged.theParﬁasherebyamendtheAgreementandtheEscrowInstructionsasfollows(ﬁstchangesbelow):WHPﬂWﬁ1 extendedanadditium1._.1.5_éyﬂmcontinggncgEngdtqﬂMgﬂ!212926andQ;ﬂungdatetoDecatur12.anzm Thu:deﬁnedtermsoftheAgreementshallhave(hesamemeaningInlhlsAmendment.Slgnatures(othisAmendmentammpllshedbymeansofelectronicslg‘namre'orsimilar‘ecunoldgyshallbelegalandbinding.ThisAmendmentmaybeexaculedIncounterparts,Eachofwhichshallbedeemedanoriginal.andallofwhichnlogethershalloonsﬁluteonsandthesameInstrumentThisAmendmentshallnotb9construedasffpreparedbyoneoftheParties.butaccordlngtoﬂsfairmeaningasawhoIa.aslfbbthPam‘eshadpreparedh;EXcepiasspeciﬁcallyamendedbythisAmendment,lha'AgreementandmeEscrowInslmcﬁonsshallremainunchangedandcontinueInfurlforceandeffect.

ATTENTION:NOREPRESENTAHONORRECOMMENDATIONISMADEBYAIRCREORBYANYBROKERSAST0THELEGALSUFFICIENCY,LEGALEFFECT,-ORTAXCONSEQUENCES0FTHISAMENDMENT.THEPARTIESAREURGED.TOSEEKADVIOEOFCOUNSELASTOTHELEGALANDTAXCONSEQUENCESOFTHISAMENDMENY.EXECUTEDasofthedateﬁrstwrittenabove.

SELLER: BUYER;Talia:TheaterProduction:l'otthoTh9Berfo-h-- Murachurch,Ina.

Br.Jv;'rNamePdnfed'm Nem'q’fgin _ma_ Tma:Phane.1,159Hn—31?! Phon'e“ Fax. F“Email:WWHPEmail: _Er: ,... By: __NamePnnted:m:.LMMLNamePrinted:Tlﬂe: _ Title: _Phone: ____d Phone:Fax: _ __Fax: _ _Email: Email: ___m:EAULQLWWMLMALAddress: MFadaralIDNo.: ___ _FederalIDNo.:_ AIRORE"httpsflfwwwalrcremom‘213-681-8777"commemalrwesomNOTICE:NppartofthoseworksmaybereproducedInanyformwithoutpermissionInwriting.Elli Peg“on MINITIALS INI'I'IILS®2020AIRORE.AllRightsReserVSd. ATPA-ﬂﬁo.Revls'ed03-24-2020KWCumin!CumulCm140WAlluvillAve'ﬂlozFran.C'A937“ Mr.559302I69ﬂFIX:5594329324171B01h:AvaJIMEm)! Producod'wlmzlpFommbyzinLoglx18970FlnunMusRoad.Friar.Michigan43026Wm DocuSignEnvelope1D:1331A5F3—44E6-41DB-BCE6vE4B47F5E2E78 AIR.1131.AMENDMENTTOPURCHASEANDSALEAGREEMENTTHISAMENDMENTTOPURCHASEANDSALEAGREEMENTANDESCROWINSTRUCTIONS("Amendment")ismadeandenteredIntoasofNovember16!2020. byandbetween AvToerTheaterProductionsFortheThePerforminChurch‘Inc ("Buyer")and("Seller“)(collectively,the"Parties"or|ndivldually,a“Party").

WHEREAS.BuyerandSellerarepartiestothatcertainStandardOffer,AgreementandEscrowInstructionsforPurchaseofReaiEstatedatedSegtember23,2020(“Agreement")withrespecttolhepropertycommonlyknownas(sireetaddress,city.stata,zip):777EOliveAve,Fresno,CA93728-3350 ("Property"):

WHEREAS,theAgreementhasnotbeenpreviouslyamendedexcept(iftherearenoexceptionswrite"NONE“;m_ WHEREAS.thePartieshaveopenedanescrowwith thgggg'1‘;glg ("EscrowHolder“); WHEREAS,thePartiesnowdeslle‘0amendtheAgreementandtheirlns‘ructionstoEscrowHolder("EscrowInstructions“); NOW,THEREFORE.forBuyer'spaymentoftendollars($10)toSellerandothergoodandvaluableconsideration,thereceiptandsufﬁciencyofwhichisherebyacknowledged,thePartiesherebyamendtheAgreementandtheEscrowInstructionsasfollows(listchangesbelow):Selle:toovidebueracreditintheamountof7680towardsclosincosttoisransction.

ThedeﬁnedtermsoftheAgreementshallhavethesamemeaningInthisAmendment.SlgnaturestothisAmendmemaccomplishedbymeansofelectronicsignatureorslmllartechnology'shallbelegalandblndlnthlsAmendmentmaybeexecutedincounterparﬁs,eachofwhlchshallbedeemedanorlglnal.andallofwhlchntogelhershallconstituteoneandthesameInstrument.ThlsAmendmentshallnotbeconstruedasifpreparedbyoneoftheParties,butaccordingtoitsfairmeaningasawhole.asifbothPattieshadprepareditExceptasspeciﬁcallyamendedbythisAmendment.theAgrasmen!andtheEscrowlnstruckionsshallremalnunchangedandconllnueinfullforceandeﬂect ATTENTION:NOREPRESENTATIONORRECOMMENDATIONISMADEBYAIRCREORBYANYBROKERSAST0THELEGALSUFFICIENCY,LEGALEFFECT.ORTAXCONSEQUENCESOFTHISAMENDMENT.THEPARTIESAREURGEDT0SEEKADVICEOFCOUNSELASTOTHELEGALANDTAXCONSEQUENCESOFTHISAMENDMENT.EXECUTEDasofthedataﬁrstwrittenabove.

SELLER:TowerTheaterProductionsFortheThePerformingﬁfguﬁumrofitPublicBenefitComorationBUYER:AdventureChurch,Inc. . ..,-_..-4--‘_-_--_'_____L..

By:I'm(llabm‘ By;.. ;,.:3N3?.-- 1NarhwmmmﬁceAbbate NamePrih”d:Adv'éntureChurchInc.

Tme: Tlue:I'-rdr'r‘w’:Phone:(559)999-3174 Phone:Fax.- Fax:Email:laurence.abbateﬁsbcglobal.net Email:

By: By:NamePrinted:JamesL.Abbate5AndreaAbbateNamePn'nted:Title: Title:Phone: Phone:Fax: Fax:Email: Email:

Address:815E. OliveAve,Fresno,CA93728Address:

FederalIDNo.: FederalIDNo.:

AIRCRE'https:llwww.aircre.com"213-687-8777‘[email protected]”5 NOTICE:Nopartof‘heseworksmaybereproducedinanyformwithoutpermissioninwriting.

ATPA-1.00,Revised03-24-2020Phone:5593028698Fu:5994313121ProducedwithzlpFormODyzlpLaglx18070FiﬂeenMlleRoad,Fmser,Mlchlgan48026Wm DocuSignEnvelopeID:4D078C57—362A-4013-86ED-8671EA6034BB AIRﬁLAMENDMENTT0PURCHASEANDSALEAGREEMENTTHISAMENDMENTTOPURCHASEANDSALEAGREEMENTANDESCROWINSTRUCTIONS("Amendment")ismadeandenteredintoasofNovember202020. byandbetween AdventureChurch;Inc. ("Buyer")andTowTheaterFroductiaorCheThePerumi("Seller")(colleclively,the"PartIes"orindividually.a"Party").

WHEREAS.BuyerandSellerareparties\oIhatcertainStandardOffer.AgreementandEscrowInstructionsforPurchaseofRealEstatedatedSeptember23‘2020("Agreement")withrespecttothepropertycommonlyknownas(streetaddress,city,state,zip):777EogiveAve,FresnoCA93728—3350 (“Property"); WHEREAS,theAgreementhasnotbeenpreviouslyamendedexcept(iftherearenoexceptionswrite"NONE"):NONEWHEREAS.thePartieshaveopenedanescrowwith ChicaqoTitle (”EscrowHolder"); WHEREAS.thePartiesnowdesiretoamendtheAgreementandtheirinstructionstoEscrowHolder("EscrowInstructions") NOW,THEREFORE,forBuyer'spaymentoftendollars($10)loSellerandothergoodandvaluableconsideration,lhereceiptandsufﬁclencyofwhichisherebyacknowledged,thePartiesherebyamendtheAgreementand‘heEscrowInstructionsasfoHows(listchangesbelow):TheClgggofEscrowshallEghanqedtoJanuary15.20211 Thedeﬁnedtermso!theAgreementshallhavethesamemeaninginthlsAmendment.SignaturestothisAmendmentaccomplishedbymeansofeiectronicsignatureorsimilartechnologyshallbelegalandbinding.ThisAmendmentmaybeexecutedincounterparts,eachofwhichshallbedeemedanoriginal,andallofwhichntogethershaIIconstituteoneandlhesameInstrument.ThisAmendmentshallnotbeconstruedasifpreparedbyoneofthePanies,butaccordingtoItsfairmeanlngasawhole,asifbothPartieshadpreparedit.ExceptasspeciﬁcallyamendedbythisAmendment,kheAgreementandtheEsctowInskructionsshallremainunchangedandcontinueinfullforceandeffect.

ATTENTION:N0REPRESENTATIONORRECOMMENDATIONISMADEBYAIRCRE0RBYANYBROKERSASTOTHELEGALSUFFICIENCY,LEGALEFFECT,ORTAXCONSEQUENCESOFTHISAMENDMENT.THEPARTIESAREURGEDT0SEEKADVICEOFCOUNSELAST0THELEGALANDTAXCONSEQUENCESOFTHISAMENDMENT.EXECUTEDasofthedateﬁrstwrlttenabove.

SELLER: BUYER:TowerTheaterProductionsFortheThePerformingAdventureChurch,Inc.ArrsT'WWﬂﬂmhbrofitPublicBenefitCorporation" ,.yy’ ,_ ' _By: h “{1erZ":Ff”Naa_‘uﬁﬁgmmAbbate NamePhnted:Ad'lyegt—u'r‘éChurchInc.Title: Title:Phone:(559)999—3174 Phone:Fax: Fax:Email:laurence.abbateesbcglobal.ng; Email:

By: By;NamePrinted:JamesL.AbbateS:AndrggnggeNamePrlnted:Title: Title:Phone: Phone:Fax: Fax:Email: Email:

Address:815E.olivgAve,FresnoCA23728Address:

FederalIDNo.: FederalIDNo.:

AIRCRE*https:l/www.aircre.com*213-687—8777“[email protected] NOTICE:NopartoftheseworksmaybereproducedInanyformwithoutpermissionInwriting.

L Page10H II, _ IINITIALS I
©2020AIRCRE.AllRightsReserved. ATPA-1.00,Revised03-24-2020KwCommercialCamiCA.740wAlluvialAvemo:Franc.CA93711 mum:5593023698Fug:559.119.9324717EOliveAveJaredEnnis ProducedwllhzipFonn®byzipLoglx18070FlﬂeenMUeRoad.Fraser,Mlchlgan48026WW AIR2131.1.AMENDMENTTOPURCHASEANDSALEAGREEMENTTHISAMENDMENT'TOPURCHASEANDSALEAGREEMENTANDESCROWINSTRUCTIONS("Amendment")ISmadeandenteredintoasof January14‘2021.byandbetween ("Buyer")andTorre:TheaterProductionsFortheThePerforming__,_("Seller")(collecﬂve!y,the"Parties"orlndividually,a"Party").J AdventureChurch,Inc.

WHEREAS.BuyerandSellerarepartiestothatcertainStandardOffer.AgreementandEscrowInstructionsforPurchaseofRea|EstatedatedSegtember23I 2020("Agreement")withrespeoltothepropertycommonlyknownas(streetaddress,city,state,zlp):777goliveAvEreno 93728-3 - _ ("PVOPGTU")? WHEREAS,theAgreementhasnotbeenpreviouslyamendedexcept(i!therearenoexceptionswrlte"NONE")7nuns:

WHEREAS,thePartieshaveopenedanescrowwith Chigagqzitle ("EscrowHolder"); WHEREAS.thePaniesnowdesiretoamendlheAgreementandtheirinstructionstoEscrowHolder("EscrowInstructions“); NOW,THEREFORE,forBuyer'spaymentoftendollars($10)toSellerandothergoodandvaluableconsideralion,thereceipiandsufﬁciencyofwhichisherebyacknowledged,theParliesherebyamendtheAgreementandtheEscrowInstructionsasfollows(llstchangesbelow):'jhegloseofEscrowshallhechancedtoFebruary12,2021orsooner.

ThedeﬁnedtermsoftheAgteememshallhaveihasamemeaninginthisAmendment.SignaturestothisAmendmentaccomplishedbymeansofeleclronicslgnamreorslmilartechnologyshallbelegalandbinding.ThisAmendmentmaybeexecutedincounterpans.eachofwhichshallbedeemedanoriginal.andalloiwhichmogethershat!constituteoneandthesameinstrument.ThisAmendmentshallno!beconstruedasifpreparedbyoneoftheParties,butaccordingtollsfalrmeaningasawhoie,asifbothPartieshadpreparedil.ExceptasspeciﬁcallyamendedbythisAmendment,theAgreementandtheEscrowInstrucﬁonsshallremainunchangedandccntinueinfullforceandeffect.

ATTENTION:N0REPRESENTATION0RRECOMMENDATIONISMADEBYAIRCREORBYANVBROKERSASTOTHELEGALSUFFICIENCY,LEGALEFFECT.ORTAXCONSEQUENCESOFTHISAMENDMENT.THEPARTIESAREURGEDTOSEEKADVICE0FCOUNSELASTOTHELEGALANDTAXCONSEQUENCESOFTHISAMENDMENT.EXECUTEDasofthedaleﬁrstwrittenabove.

SELLER: /,J-r</ BUYERTown:-ThsaterProductionsFortheTheéfnmﬁgArcs,aCAmange“:rum“apps;- )aéionB..:r-—-—_—:——_.*'g___:- v a ‘
i{gyfzgy» - - 3 _. .

NamePrimed:L_a'lga P/“Z"3020NamePrinted: .

Title: Tille:Phone:(559)999-3174 Phone:Fax: ’- __"_ Fax:Email:laurenca,abbategﬂsbcglcbalmgt_—Email: ___ ___ By:... By: ___.._. _.___NamePrinted:Mtg_mﬂmmNamoPrinted: _Title: __ Tit|e:_ q_Phone:___ __ ___ Phone:Fax: Fax:Email: _ Email:

Address:§;5E.oliveAve.mano‘CA93728I Address:

FedgrgulIDNo.: FederalfDNo.:

AIRCRE*httpszllwwwalrcrmcnm'213-687-8777"[email protected]:NopartoftheseworksmaybereproducedInanyformwithoutpermissionInwriting. £116_é'._. Paga1of1 r
INITIALS INITIALS©2020AIRORE.AllRightsReserved. ATPA-1.00,Revised03-24-2020KwCommercm0mm!CA,140wAlluvialAva14102mm,CA93711 Mum-mlnu:5594329324777I:our:AvalumlEM“! Producedwm-zIchm-mbyztpLoglx18070FmaanMllaRoad.Fraser.Mlehlgan45026Wm n-”
ﬁAMENDMENTTOPURCHASEANDSALEAGREEMENTTHISAMENDMENTTOPURCHASEANDSALEAGREEMENTANDESCROWINSTRUCTIONS("Amendment")ismadeandenteredI'nloasof February112021, byandbetween MWrch.Inc‘ ("Buyer“)andTowerTheaterProductionsFortheThePgrforming("Seller")(collectively,the"Partles"orindividually,a"Party")‘ WHEREAS,BuyerandSellerarepartiestothatcertainStandardOffer,AgreementandEscrowInstrucﬁonsforPurchaseofRealEstatedatedSeptember23,2020("Agreement")wi‘hrespecttothepropertycommonlyknownas(streetaddress,city.slate,zip):777EoliveAvg.Frgsggg93728-3350 _ ("Property"); WHEREAS,theAgreemenkhasnmbeenpreviouslyamendedexcept(iftherearenoexceptionswrite"NONE"):ﬁgﬂgWHEREAS.thePartieshaveopenedanescrowwith ChicagoTitle ("EscrowHolder"); WHEREAS,thePartiesnowdesiretoamend(heAgreemenkandtheirinstructionstoEscrowHolder("EscrowInstructions"); NOW,THEREFORE,forBuyer'spaymentoftendollars($10)toSellerandothergoodandvaluableconsideration.thereceiptandsufficiencyofwhichisherebyacknowledged.thePartiesherebyamendtheAgreementandtheEscrowInstructionsasfollows(listchangesbelow):TeloseofEar:ashallbechanedtoFabrur2 2021rooner.Buyershallddosit793500downenttoChicaoEscrow45002641within2businessdasofWilmasinned.ThedeﬁnedtermsoftheAgreementshailhavethesamemeaninginthisAmendment.SignaturestothisAmendmentaccomplishedbymeansofeIectronicsignatureorsimilartechnologyshallbelegalandbinding.ThisAmendmentmaybeexecutedincounterparts,eachofwhichshallbedeemedanoriginal,andallofwhichntogethershallconstituteoneandmesameInstrument,ThisAmendmemshallnotbeconstruedasifpreparedbyoneoftheParties,butaccordingtoitsfairmeaningasawhole,asifbothPartieshadpreparedit.ExceptasspeciﬁcallyamendedbythisAmendment,theAgreementandtheEscrowInstructionsshallremainunchangedandcontinueinfunforceandeffect.

ATTENT|ON1N0REPRESENTATION0RRECOMMENDATlONISMADEBYAIRCREORBYANYBROKERSAST0THELEGALSUFFIC‘ENCY,LEGALEFFECT,0RTAXCONSEQUENCESOFTHISAMENDMENT.THEPARTIESAREURGEDTOSEEKADVICE0FCOUNSELASTOTHELEGALANDTAXCONSEQUENCES0FTHISAMENDMENT.EXECUTEDasofthedateﬁrstwrittenabove.

SELLER: BUYER:TowerTheaterProductionsFortheThePerforminaAdventureChurch,Inc.Arts!aCAnongrofitPublicBenefitCogoration _ _ r By: /" By:f """"2-};f(?z’fNamePrinted:LaurengeAbbate :

Title:' - -—'
, AmPhone::55’9’1999—3171—w—‘nf-1'yFax: —"3?,Email:laurance.abbategsbcg'lobalmat__Email:(j.

Byi By:NamePrinted;nggLl.Abpate5AndreaAbbataNamePrinted:Title: Title:Phone: Phone:Fax; Fax:Email: __ Email:

Address:815E.oliveAveEgpﬁpaCA93728Address:

FederalIDNo; FederalIDNo.:

AIRCRE*https:/Iwww.aircre.com*213-687-8777*contracts@a|rcre.comNOTICE:NopartoftheseworksmaybereproducedinanyformwithoutpermissionInwriting.._. |'--¢».l’4' Page1of1 ' fINITIALS INITIALS©2020AIRCRE.AllnghtsReserved. ATPA-1.00,Revised03-24-2020KWCommercialCenlm‘CA,740WAlluvialAve#102Fresno,CA9J7“ Phone5591028698Fa\'5594329324777EOliveAx’cJaredEnnis ProducedwilhzipForm®byzipLogix18070FifteenMileRoad.F(asar‘Michigan48026W AIR.7131.AMENDMENTT0PURCHASEANDSALEAGREEMENTTHISAMENDMENTTOPURCHASEANDSALEAGREEMENTANDESCROWINSTRUCTIONS("Amendment")ismadeandemeredintoasofbyandbetween, W’TowerTheaterProductionsFormghgThePegggmiaqm_
uAdventurechurch.Inc. ("Buyer")and__("Seller")(colleclwely,the"Parties"orIndividually,a"Party“)._F_epruarg22,2021_, WHEREAS.BuyerandSellerarepartiestothatcertainStandardOffer,AgreementandEscrowInstructionsforPurchaseofRealEstatedated_Sagtember232020("Agreement")wlthrespecttothepropertycommonlyknownas(sweetaddress.city.state.zlp);7'77E011wgig,FresnoCA93723~§§§Q_____ ("Property"):

WHEREAS,theAgreememhasnotbeenpreviouslyamendedexcept(Rtherearenoexcepﬁonswrite“NONE"):lat2nd3rd4thL5th,»§_t_u__ WHEREAS.thePartieshaveopenedanescrowwith chtomHug_u,W_, V ("EscrowHolder“); WHEREAS.thePartiesnowdesireloamendtheAgreementandtheirinstructionstoEscrowHolder("Escrowinstructions");J NOW,THEREFORE,forBuyer'spaymentoftendollars($10)toSellerandothargoodandvaluableconsideration.thereceipta'ndsufﬁciencyofwhichIsherebyacknowledged.thePamesherebyamendtheAgreementandlheEscrowInstructionsasfoNows(Hg!changesbelow):1'0fE343:aall.a d hma220- sonnet.

ThedeﬁnedtermsofIheAgreementshallhavethe,samemeaningin(hisAmendment.SignaturestothisAmendmentaccomplishedbymeansofeiectronicsignatureorsfmilai'technologysh'allhelegalandblndlng,Th1’sAmendmentmaybeexecutedIncounterparts.eacn9fWhichshallbedeemedanoriginal.andallofwhichntogethershallconstitute'oneandthes'ameInstrum'ent’fThisAmendmentshallnot-beconstruedasHpreparedbyoneoftheParties.butaccordingloitsfairmeaningasawhole,asifbothPartieshadpteparedit.Exceptasspeciﬁcallyamendedb_ythisAmendment.meAgreementandtheEscrowInstructionsshallremaihunchangedandcontinueInfullforceandeffect.

ATTENTION:NOREPRESENTATIONORRECOMMENDATION[SMADEBYAlRVCRE0R-BYANYBROKERSASTOTHELEGALSUFFICIENCY.LEGALEFFECT.0RTAXCONSEQUENCESOFTHISAMENDMENT.THEPARTIESAREURGEDTQSEEKADVICE0FCOUNSELAST0THELEGALANDTAXCONSEQUENCESOFTHISAMENDMENT.EXECUTEDasofthedateﬁrstwrittenabove.

SELLER;TowerTheaterProductionsFortheThepg:BigArts,aCAnonprofitPublicBenefita mam_ _ _-‘ _-.. .- _ ' _J-u——_u
ay-—"_—q_--;—____—_. .r av;NamePrinted:auﬁ’naa",5“ Namu‘iiﬁr&@ttiggguano}:Inn._ ___Title: _ ‘I'llla.(?_.ffy:____
Phone:(559)999—3174 Phone's _______Fax: ’ Fax:.

Email:_laurance;abbat‘aesbcglobal.net______Email:N____ “___"._ r""_mEy'_ _______,_ By:__________ _NamePrinted: __NamePrinted:Tine:MM“___-‘-,_______._____.me:._ ___.Phone:___________._____,__,__ _____Phone:__Fax;, _ Fax} _,___ _Email: _____ Email:_ ___ Address:W,—Addressx,
FederaHDNo_ , _ ___._FederalIDNo.3_VAIRCRE"https:/Iwww:alrcre.com"213-687-8777‘conlracts©aircra.comNOTICE:NopartoftheseworksmaybereproducedInanyformwithoutpermisslonInwrlung.EEP- 4.4"Page1of1 {NITIALs iNﬁALs"
©2020AIRCRE.-A|lRightéReserved. ATPA-1.00,Revised,03~24~2020chommmmcommmuowAlluvialmmi):mm.CA9.1m J . uaw.-.w.waugsh-a1‘HMa. deEmu; ProducedwﬂhzipForm®byz¥pLogh<18670FiﬂaonMlleRoad.Fraser.Michlgan48026W AIR‘
8iAMENDMENTTOPURCHASE'ANDSALEAGREEMENTTHISAMENDMENTTOPURCHASEANDSALEAGREEMENTANDESCROWINSTRUCTIONS("Amendment")ismadeandenteredintoasof MgLQZLQL2021, byandbetween AgggmggraChurchInc.._____. _ ("Buyer")andTowerTheatgrProductiongFoyﬂﬁyﬂmggﬁggmum(“Seiler”)(collectively,the"Parties"orindivldually.a"Pany“).

WHEREAS,BuyerandSellerarepanlestothatcertainStandardOffer.AgreementandEscrowInstructionsforPurchaseofRealEstatedatedmggulbg;23l3020("Agreement“)wllhrespecttotheproperlycommomyknownas(streetaddress,city.state.zip):777EOliveAvFrasCA3-3 ("Proparty"); WHEREAS,theAgreementhasnotbeenpreviouslyamendedexcept(iftherearenoexceptionswrite“NONE"):Amendmegts1—7 WHEREAS,thePanieshaveopenedanescrowwlth ChicagoTitle (“EscrowHoldar“); WHEREAS,thePartiesnowdesiretoamendtheAgreementandtheirinstmclionstoEscrowHolder("Escrowlnstructlons"); NOW,THEREFORE,forBuyer'spaymentoftendollars($10)toSellerandothergoodandvaluableconsideration.thereceiptandsuﬁciencyofwhichisherebyacknowledged,thePartiesherebyamendtheAgreementandtheEscrowInstructionsasfollows(”stchangesbelow):TheCloseofEscrowshallbgmmdtoﬁrm312021o:-Mr$15,000ofthehuwrsdgpositshallbereleasedtotheseller.Thedngositreleasedtothesellerisnon-rofgngaglebutisali t e‘ .

ThedeﬁnedtermsoftheAgreementshallhavethesamemeaninginthlsAmendment.SignaturestothisAmendmentaccomplishedbymeansofeleclronicsignatureorsimilartechnologyshallbelegalandbinding.Th|sAmendmentmaybeexecutedlncoumerparts,eachofwhichshallbedeemedanoriginal.andallofwhichntogethershallconsulateoneandthesameInstrument.ThlsAmendmentshallnotbeconstruedasIfpreparedbyoneoftheParties,bulaccordingtoitsfairmeaningasawhole,asifbothPartieshadpreparedIt.ExcepkasspeciﬁcallyamendedbythisAmendment,IheAgreementandtheEscrowlnslrucﬂonsshallremainunchangedandoontlnuaInful!forceandeffect.

ATTENTION:NOREPRESENTATION0RRECOMMENDATIONISMADEBYAIRCREORBYANYBROKERSASTOTHELEGALSUFFICIENCY,LEGALEFFECT,ORTAXCONSEQUENCES0FTHISAMENDMENT.THEPARTIESAREURGEDTOSEEKADVICEOFCOUNSELAST0THELEGALANDTAXCONSEQUENCESOFTHISAMENDMENT.EXECUTEDasofthedateﬂrstwrittenabove.

SELLER: BUYER:TowerThantazProductiqng”fgr___:t_uq1' :tomlmdMnntgjachurch,Inc.Arts,aCAnonrefitPubli‘ration (H4.4-!ff?“IJ _ -
“3L-5;.. --t ?J-r'v:

NamePrIMed:I. ?\th'
NameP(IhleﬁhMﬂFtutﬂmmTm- I Tum;_f3-LJ,.'-t.-JPhone:(559)999-3174_ Phone:Fax: Fax:Ema":laurenge.abbgteeshcglqpmEmail:

Hy: By:NamePrinted: NamePrlnted:Title: Tiﬂe:Phone: Phone:Fax: Fax:_ Email: Email:

Address:815E.OliyeAve,"FresgngngZSAddress:

FederalIDNo.2 FederalIDNo.;
AIRCRE'hﬂpazﬂwwwmlrcracom‘218-687-8777"[email protected]:NopartofthoseworksmaybereproducedInanyformthoutpermlssionInwrltlng.

Page1of1 ,ZJZ;INITIALS INITIALS©2020AIRCRE.A"RightsReserved. ATPA-1.00,Revised03-24-2020KwConuncrcizICcnmICAJmwAlluvialAveuxuznrmﬁ/x93m - - - I I --_- ..I -...\' ""' ' ProducedwithzlpForm®byzlplnnlx18070Finger:MileRoad,l'mssr,Mlchlgau48025Mgwm

Fresno City CouncilApril 21, 2022

Fresno City Council
April 21, 2022