Common use of AGREEMENT FOR SALE AND PURCHASE OF PROPERTY Clause in Contracts

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. [Sartell] by and between IRET Properties, a North Dakota Limited Partnership and IRET – SH 1, LLC, as Seller, and EdgewoodVista Senior Living Inc., Edgewood Properties Management, LLC, and Edgewood Properties, LLLP, as Buyer. Exhibit 3 – pg. 1 Exhibit 4.1 Allocation of Consideration to Individual Property ID Name City State Allocated Purchase Price 1 Aspen Wind Cheyenne WY $13,452,000.00 0 Xxxxxx Xxxxx Xxxxxxxx XX $7,380,000.00 0 Xxxxxx Xxxx Xxxxxx XX $10,422,000.00 0 Xxxx Xxxxx Xxxxxx XX $8,444,000.00 5 Spring Wind Laramie WY $13,302,000.00 Wyoming Senior Housing Assets Subtotal: $53,000,000.00 Exhibit 4.1 – pg. 1 Exhibit 10.4(b) Form of General Assignment and Assumption Agreement GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT THIS GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT is made and entered into as of __________, 20__, between LSREF GOLDEN PROPERTY 14 (WY), LLC, a Delaware limited liability company ("Assignor"), and LSREF GOLDEN OPS 14 (WY), LLC, a Delaware limited liability company, EDGEWOOD PROPERTIES MANAGEMENT LLC, a North Dakota limited liability company, and EDGEWOOD PROPERTIES, LLLP, a North Dakota limited liability limited partnership (collectively, "Assignee").

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. [Sartell] by and between IRET Properties, a North Dakota Limited Partnership and IRET – SH 1, LLC, as Seller, and EdgewoodVista Senior Living Inc., Edgewood Properties Management, LLC, and Edgewood Properties, LLLP, as Buyer. Exhibit 3 – pg. 1 Exhibit 4.1 Allocation of Consideration to Individual Property ID Name City State Allocated Purchase Price 1 Aspen Wind Cheyenne WY EV Missoula Missoula MT $13,452,000.00 2,788,406.00 2 EV Belgrade Belgrade MT $1,450,000.00 3 XX Xxxxxxxx Billings MT $3,011,000.00 4 EV Sioux Falls Sioux Falls SD $3,671,000.00 5 EV Freemont Freemont NE $1,237,000.00 0 Xxxxxx Xxxxx XX Xxxxxxxx Xxxxxxxx XX $7,380,000.00 0 Xxxxxx Xxxx Xxxxxx XX 1,148,000.00 7 EV Norfolk Norfolk NE $10,422,000.00 0 Xxxx Xxxxx Xxxxxx XX 1,237,000.00 8 EV Grand Island Grand Island NE $8,444,000.00 5 Spring Wind Laramie WY 1,060,000.00 9 EV Minot Minot ND $13,302,000.00 Wyoming 13,203,000.00 Edgewood Vista 3 Senior Housing Assets Subtotal: $53,000,000.00 28,805,406.00 Exhibit 4.1 – pg. 1 Exhibit 10.4(b) Form of General Assignment and Assumption Agreement GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT THIS GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT is made and entered into as of __________, 20__, between LSREF GOLDEN PROPERTY 14 (WY)IRET PROPERTIES, A NORTH DAKOTA LIMITED PARTNERSHIP, XXX XXXXXXXX, LLC, a Delaware North Dakota limited liability company, EVI SIOUX FALLS, LLC, a North Dakota limited liability company, and IRET – MINOT EV, LLC, a North Dakota limited liability company (collectively, "Assignor"), and LSREF GOLDEN OPS 14 (WY)EDGEWOODVISTA SENIOR LIVING, LLCINC., a Delaware limited liability companyNorth Dakota corporation, EDGEWOOD PROPERTIES MANAGEMENT LLC, a North Dakota limited liability company, and EDGEWOOD PROPERTIES, LLLP, a North Dakota limited liability limited partnership (collectively, "Assignee").

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. [Sartell] by and between IRET Properties, a North Dakota Limited Partnership and IRET – SH 1, LLC, as Seller, and EdgewoodVista Senior Living Inc., Edgewood Properties Management, LLC, and Edgewood Properties, LLLP, as Buyer. Exhibit 3 4.1 – pg. 1 Exhibit 4.1 Allocation of Consideration to Individual Property ID Name City State Allocated Purchase Price 1 Aspen Wind Cheyenne WY EV Fargo Fargo ND $13,452,000.00 0 Xxxxxx Xxxxx 24,406,000.00 2 XX Xxxxxxxx XX Brainerd MN $7,380,000.00 0 Xxxxxx Xxxx Xxxxxx XX 13,628,000.00 3 EV East Grand Forks Grand Forks MN $10,422,000.00 0 Xxxx Xxxxx Xxxxxx XX 6,666,000.00 4 EV Bismarck Bismarck ND $8,444,000.00 12,212,000.00 5 Spring Wind Laramie WY EV Spearfish Spearfish SD $13,302,000.00 Wyoming 14,125,000.00 Edgewood Vista 2 Senior Housing Assets Subtotal: $53,000,000.00 71,037,000.00 Exhibit 4.1 – pg. 1 Exhibit 10.4(b) Form of General Assignment and Assumption Agreement GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT THIS GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT is made and entered into as of __________, 20__, between LSREF GOLDEN PROPERTY 14 (WY)IRET PROPERTIES, A NORTH DAKOTA LIMITED PARTNERSHIP and EVI GRAND CITIES, LLC, a Delaware North Dakota limited liability company ("Assignor"), and LSREF GOLDEN OPS 14 (WY)EDGEWOODVISTA SENIOR LIVING, LLCINC., a Delaware limited liability companyNorth Dakota corporation, EDGEWOOD PROPERTIES MANAGEMENT LLC, a North Dakota limited liability company, and EDGEWOOD PROPERTIES, LLLP, a North Dakota limited liability limited partnership (collectively, "Assignee").

AGREEMENT FOR SALE AND PURCHASE OF PROPERTY. [Sartell] by and between IRET Properties, a North Dakota Limited Partnership and IRET – SH 1, LLC, as Seller, and EdgewoodVista Senior Living Inc., Edgewood Properties Management, LLC, and Edgewood Properties, LLLP, as Buyer. Exhibit 3 – pg. 1 Exhibit 4.1 Allocation of Consideration to Individual Property ID Name City State Allocated Purchase Price 1 Aspen Wind Cheyenne WY EV Hermantown I Duluth MN $13,452,000.00 0 Xxxxxx Xxxxx Xxxxxxxx XX 21,627,000.00 2 EV Hermantown II Hermantown MN $7,380,000.00 0 Xxxxxx Xxxx Xxxxxx XX $10,422,000.00 0 Xxxx Xxxxx Xxxxxx XX $8,444,000.00 5 Spring Wind Laramie WY $13,302,000.00 Wyoming 15,159,000.00 Hermantown Senior Housing Assets Subtotal: $53,000,000.00 36,786,000.00 Exhibit 4.1 – pg. 1 Exhibit 10.4(b) Form of General Assignment and Assumption Agreement GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT THIS GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT is made and entered into as of __________, 20__, between LSREF GOLDEN PROPERTY 14 (WY)IRET PROPERTIES, LLC, a Delaware limited liability company A NORTH DAKOTA LIMITED PARTNERSHIP ("Assignor"), and LSREF GOLDEN OPS 14 (WY)EDGEWOODVISTA SENIOR LIVING, LLCINC., a Delaware limited liability companyNorth Dakota corporation, EDGEWOOD PROPERTIES MANAGEMENT LLC, a North Dakota limited liability company, and EDGEWOOD PROPERTIES, LLLP, a North Dakota limited liability limited partnership (collectively, "Assignee").