0001213900-23-050672 Sample Contracts

FORM OF PROMISSORY NOTE PURCHASE AGREEMENT
Promissory Note Purchase Agreement • June 22nd, 2023 • Norhart Invest LLC • Real estate • Minnesota

This Note Purchase Agreement (the “Agreement”) is entered into by the undersigned investor (“Investor” or “You”) in connection with such Investor’s purchase of Promissory Notes (each, a “Note” and collectively, the “Notes”) issued by Norhart Invest LLC, a Minnesota limited liability company (“Norhart Invest” or the “Company”) in accordance with the terms herein. Investor understands that the offer and sale of Notes by the Company has not been registered under the Securities Act of 1933, as amended (the “Securities Act”) and is being offered pursuant to that certain offering statement under Form 1-A (together with all exhibits, supplements, and post-qualification amendments, the “Offering Circular”) qualified by the Securities and Exchange Commission (“SEC”), which may be obtained from the SEC EDGAR filing website at https://www.sec.gov. No decision to invest in the Notes should be made without reading the Offering Circular and the other Note Purchase Documents (as such term is defined

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LIMITED LIABILITY COMPANY AGREEMENT OF NORHART INVEST LLC A MINNESOTA LIMITED LIABILITY COMPANY
Limited Liability Company Agreement • June 22nd, 2023 • Norhart Invest LLC • Real estate • Minnesota

Michael S. Kaeding and Alyssa C. Kaeding, residents of the State of Minnesota, (each a “Member” and collectively the “Members”) hereby form a limited liability company pursuant to and in accordance with the Minnesota Limited Liability Company Act (the “Act”), and hereby declare the following to be the Limited Liability Company Agreement of such limited liability company (this “Agreement”):

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