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CC - Purchase and Sale Agreement
wmenusign iu : daaemsaa ruan;lnriw auniuw cue JANUARY 20: RE =21 REAL ESTATE PURCHASE AND SALE AGREEMENT EDITIQ q W THIS IS A LEGALLY BINDING CONTRACT, READ THE ENTIRE DOCUMENT, INCLUDING ANY ATTACHMENTS, I IF YOU HAVE ANY QUESTIONS , CONSULT YOUR ATTORNEY AND/OR ACCOUNTANT BEFORE SIGNING . �_ 1, NO WARRANTIES , INCLUDING , WITHOUT LIMITATION , ANY WARRANTY OF HABITABILITY, AGREEMENTS REAL'TQRS OR REPRESENTATIONS NOT EXPRESSLY SET FORTH HEREIN SHALL BE BINDING UPON EITHER PARTY. 1 ID# CopticChurch070725 DATE 07/07/2025 2 LISTING BROKERAGE Office Phone # Fax # 3 Listing Agent - E-Mail -- Phone # 4 SELLING BROKERAGE Group One Sotheby's Int'I Realty Office Phone # 208-287-5000 Fax # 208-338-9215 5 Selling Agent Jill Feeler E-Mail iill .feeler@sothebysrealty.com Phone # 208-287-5000 6 7 1 . BUYER : VIRGIN MARY & ST. MARK COPTIC ORTHODOX CHURCH, INC. 8 ( Hereinafter called " BUYER") agrees to purchase , and the undersigned SELLER agrees to sell the following described real estate hereinafter referred to as 9 " PROPERTY" COMMONLY KNOWN AS 4415 N Locust Grove Rd 10 City Meridian County Ada ID , Zip 83646 legally described as : 11 PAR #0245 OF LOT 9 CRESTWOOD SUB #1 R/S #3708 #0240-13 12 13 14 15 OR Legal Description Attached as exhibit -- ( Exhibit must accompany original offer and be signed or initialed by BUYER and SELLER. ) 16 17 2 . $ 1 ,525,000.00 PURCHASE PRICE : One Million Five Hundred Twenty-Five Thousand DOLLARS , 18 payable upon the following TERMS AND CONDITIONS ( not including closing costs) : 19 This offer is contingent upon the sale, refinance , and/or closing of any other property ❑ Yes ❑X No 20 21 3 . FINANCIAL TERMS : Note: A+D + E+ F must add up to total purchase price. 22 23 (A) . $ 20,000,00 EARNEST MONEY: Twenty Thousand DOLLARS 24 BUYER hereby offers the above stated amount as Earnest Money which shall be credited to BUYER upon closing . Earnest Money is/will be : Evidenced by : Held By : Delivered : Deposited : ❑ Cash 19 Responsible Broker ❑ With Offer El Upon Receipt and Acceptance © Personal Check ❑ Closing Company © Within 15 business days (three [3] if ❑ Upon Receipt Regardless of left blank) of acceptance. Acceptance ❑ Cashier's Check ❑ See Section 5 ❑ See Section 5 ❑ See Section 5 ❑ Wire/Electronic Transfer ❑ Note ❑ See Section 5 25 26 THE RESPONSIBLE BROKER SHALL BE : Sean Hart 27 28 ( B) . ALL CASH OFFER: DYES ® NO If this is an all cash offer do not complete Sections 3D and 3E, fill blanks with " 0" (ZERO) . IF CASH 29 OFFER, BUYER' S OBLIGATION TO CLOSE SHALL NOT BE SUBJECT TO ANY FINANCIAL CONTINGENCY. BUYER agrees to provide SELLER 30 within_ business days (five [5] if left blank) from the date of acceptance of this agreement by all parties written confirmation , acceptable to the SELLER, 31 of sufficient funds necessary to close transaction . Acceptable documentation includes , but is not limited to, a copy of a recent bank or financial statement. 32 33 (C) PROCEEDS FROM ANOTHER SOURCE : ❑ Yes ❑ No (No if left blank) 34 35 ( D ) . $ 1 ,067,500.00 NEW LOAN PROCEEDS : If a number greater than zero appears in the preceding blank , then this agreement is 36 contingent upon BUYER obtaining the following financing : 37 FIRST LOAN of $ 1 ,0675500.00 not including mortgage insurance , through OFHA , OVA, ❑ CONVENTIONAL, ❑ IHFA, ❑ RURAL 38 DEVELOPMENT, IDOTHER seller financing with interest not to exceed 5.75 % for a period of 30 year(s) at: ® Fixed Rate ❑ Other 39 SECOND LOAN of $ o.00 through ❑ FHA, OVA, ❑ CONVENTIONAL, ❑ IHFA, ❑ RURAL DEVELOPMENT, ❑ OTHER 40 with interest not to exceed % for a period of year(s) at: ❑ Fixed Rate ❑ Other 41 In the event BUYER is unable, after exercising good faith efforts , to obtain the indicated financing , BUY_ ER's Earnest Money shall be returned to BUYER. 42 43 LOAN APPLICATION : BUYER ❑ has applied OR ❑ shall apply for such loan (s) . Within business days (ten [ 10] if left blank) of final acceptance 44 of all parties , BUYER agrees to furnish SELLER with a written confirmation showing lender approval of credit report, income verification , debt 45 ratios , and evidence of sufficient funds and/or proceeds necessary to close transaction in a manner acceptable to the SELLER(S ) and subject 46 only to satisfactory appraisal and final lender underwriting . If an appraisal is required by lender, the PROPERTY must appraise at not less than 47 PURCHASE PRICE or BUYER'S Earnest Money shall be returned at BUYER'S request unless SELLER, at SELLER' S sole discretion , agrees to reduce 46 the purchase price to meet the appraised value , in which case SELLER shall be entitled to a copy of the appraisal and within_ business days (two [2] if 49 left blank) from receipt of the appraisal shall have the option to notify BUYER of said price reduction ; upon SELLER' S notice of price reduction all parties Np fl 07 / 07 / 2025 {�I�I 07 /08/ 2025 BUYER' S Initials IC I /VIJ Date SELLER'S Initials ( I` rV � ) ( ) Date This form is printed and distributed by the Idaho Association of REALTORS@, Inc. This form has been designed and is provided for use by the real estate professionals who are members of the Idaho Association of REALTORS& USE BY ANY OTHER PERSON IS PROHIBITED. @copyright Idaho Association of REALTORS@, Inc. All rights reserved. JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 1 of 9 kutnenusign tu : esaaj� � nuunnanriu uu�muu�svarc JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 2 of 9 PROPERTY ADDRESS : 4415 N Locust Grove Rd Meridian 83646 ID#: CopticChurch070725 50 shall proceed with the transaction . BUYER may also waive the right to obtain a loan or apply fora loan with conditions and costs more favorable to BUYER 51 so long as the new loan does not increase the costs or requirements to the SELLER. 52 If such written confirmation required in 3 (B) or 3(D) is not received by SELLER(S) within the strict time allotted , SELLER(S) may at their option cancel this 53 agreement by notifying BUYER(S) in writing of such cancellation within -- business days (three [3] if left blank) after written confirmation either was 54 received or required . If SELLER does not cancel within the strict time period specified as set forth herein , SELLER shall be deemed to have accepted such 55 written confirmation of lender approval or waived the right to receive written confirmation and shall be deemed to have elected to proceed with the 56 transaction . SELLER'S approval shall not be unreasonably withheld . 57 58 FHA / VA : If applicable, it is expressly agreed that notwithstanding any other provisions of this contract, BUYER shall not be obligated to complete the 59 purchase of the PROPERTY described herein or to incur any penalty or forfeiture of Earnest Money deposits or otherwise unless BUYER has been given 60 in accordance with HUD/FHA or VA requirements a written statement by the Federal Housing Commissioner, Veterans Administration or a Direct 61 Endorsement lender setting forth the appraised value of the PROPERTY of not less than the sales price as stated in the contract. The purchaser shall 62 have the privilege and option of proceeding with consummation of the contract without regard to the amount of the appraised valuation . The appraised 63 valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure . HUD does not warrant the 64 value or condition of the property. The purchaser should satisfy himself/herself that the price and condition of the property are acceptable . 65 66 ( E). $ 0. 00 ADDITIONAL FINANCIAL TERMS : 67 0 Additional financial terms are specified under the heading "OTHER TERMS AND/OR CONDITIONS" (Section 5) . 68 ❑ Additional financial terms are contained in a FINANCING ADDENDUM of same date, attached hereto , signed by both parties. 69 70 ( F). $ 4375500 .00 APPROXIMATE FUNDS DUE FROM BUYERS AT CLOSING (Not including closing costs) : Cash at closing 71 to be paid by BUYER at closing in GOOD FUNDS , includes: cash, electronic transfer funds, certified check or cashier's check. 72 73 74 4. SATISFACTION AND/OR REMOVAL OF ALL CONTRACT CONTINGENCIES : Unless specifically stated in this section all contingencies in this 75 agreement and in any counter offers , addendums or amendments are required to be satisfied , removed or exercised on or before the day that is 76 7 calendar days (seven [7] if left blank) prior to the stated closing date or any extension thereof. Failure of either BUYER or SELLER to exercise 77 any contingency by this deadline shall constitute an unconditional waiver of said contingency. Unless this agreement is properly terminated under a specific 78 provision of this agreement prior to the contingency deadline stated above then all parties shall conclusively be deemed to have elected to proceed with the 79 transaction and all Earnest Money shall become nonrefundable except upon an instance of SELLER's default. In the event any contingency has been waived Bo or a contingency deadline has expired and thereafter closing is extended or rescheduled to occur on a later date , said extension shall not reinstate the waived 81 or expired contingency without a mutually executed written agreement containing language specifically reinstating the same . This contingency deadline shall 82 not apply to the following contingency(ies): 83 __ 84 85 86 5 . OTHER TERMS AND/OR CONDITIONS : This agreement is made subject to the following special terms , considerations and/or contingencies . 87 1 . Ability to connect to public sewer and water. 88 2. Potential N Bright Angel Ave extension through the property still allows for functional usage by buyer for intended operations . 89 3. Upon closing, tenant agreements transfer to buyer, abiding by lease agreements. 90 4. Property is being sold as is. 91 5. First $10,000 of earnest money deposited by personal check to responsible broker upon receipt & acceptance. 92 6. Long term escrow established at Pioneer Title to facilitate seller financing accounting and payment processing . 93 7. Seller financing a. as reflected in section 3, b. buyer with full rights to property at closing, c. starting after 10 yrs of payments buyer has option to pre-pay 94 equity balance without penalty, d. 10 yr call option by seller, 95 8. Seller to draw up note documents reflecting terms in sections 3 & 5, amortization schedule, mutually agreeable terms & conditions. 96 9. 12 month average monthly operating costs including insurance & utilities provided to buyer by July 21 2025. 10. If orooertv is annexed into Citv of Meridian then closino date to be annexation date - END - 97 98 6 . ITEMS INCLUDED & EXCLUDED IN THIS SALE : All existing fixtures and fittings that are attached to the PROPERTY are INCLUDED IN THE 99 PURCHASE PRICE (unless excluded below) and shall be transferred free of liens and in as-is condition . These include , but are not limited to , all seller-owned wo attached floor coverings , television wall mounts , satellite dish , electronic doorbells and locks , attached plumbing , bathroom and lighting fixtures , window 1o1 screens , screen doors , storm doors , storm windows, window coverings , garage door opener(s) and transmitter(s) , exterior trees , plants or shrubbery , water 102 heating apparatus and fixtures , attached fireplace equipment, awnings , ventilating , cooling and heating systems , all ranges , ovens , built-in dishwashers, fuel 103 tanks , and irrigation fixtures and equipment , that are now on or used in connection with the PROPERTY and shall be included in the sale unless otherwise 104 provided herein . BUYER should satisfy himself/herself that the condition of the included items is acceptable. The terms stated in this section shall control over any 105 oral statements , prior written communications and/or prior publications including but not limited to MLS listings and advertisements . Personal property 106 described in a property disclosure report shall not be inferred as to be included unless specifically set forth herein . It is agreed that any item included in section 107 6(A) below is of nominal value less than $ 100 . 108 109 (A ) . ADDITIONAL ITEMS SPECIFICALLY INCLUDED IN THIS SALE : 110 111 112 113 114 (B) . ITEMS SPECIFICALLY EXCLUDED IN THIS SALE : 115 116 117 118 119 Nk k.) KWF 07 / 07 / 2025 � 07 / 08 / 2025 BUYER'S Initials ( ) Date SELLER'S Initials ) ( ) Date This form is printed and distributed by the Idaho Association of REALTORS®, Inc. This form has been designed and is provided for use by the real estate professionals who are members of the Idaho Association of REALTORS®. USE BY ANY OTHER PERSON IS PROHIBITED. ©Copyright Idaho Association of REALTORS®, Inc. All rights reserved. JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 2 of 9 kutnemisign iu : eaaemje>y�, son wmnauriH JANUARY 2025 EDITION RE=21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 3 of 9 PROPERTY ADDRESS : 4415 N Locust Grove Rd Meridian 83646 ID# : CopticChurch07O725 12o 7 . MINERAL RIGHTS : Any and all mineral rights appurtenant to the PROPERTY and owned by SELLER are included in and are part of the sale of this 121 PROPERTY, and are not leased or encumbered , unless otherwise agreed to by the parties in writing . 122 123 8 . WATER RIGHTS : Any and all water rights including but not limited to water systems , wells , springs , lakes, streams, ponds , rivers , ditches , ditch rights , 124 and the like , if any, appurtenant to the PROPERTY and owned by SELLER are included in and are a part of the sale of this PROPERTY , and are not leased 125 or encumbered , unless otherwise agreed to by the parties in writing . 126 127 9 . FARM/CROPS/TIMBER RIGHTS : SELLER, or any tenant of SELLER , shall be allowed to harvest, sell or assign any annual crops which have been 128 planted on the PROPERTY prior to the date of this Contract, even though said harvest time may occur subsequent to the date of the settlement of this contract, 129 unless otherwise agreed by attached addendum . If the crop consists of timber, then neither SELLER nor any tenant of SELLERS shall have any right to 13o harvest the timber unless the right to remove same shall be established by an attached addendum . Notwithstanding the provisions hereof, any tenant who 131 shall be leasing the PROPERTY shall be allowed to complete the harvest of any annual crops that have been planted prior to the date of Contract Acceptance 132 as previously agreed between SELLER and Tenant. ANY AND ALL SUCH TENANT AGREEMENTS ARE TO BE ATTACHED. 133 134 10 . TITLE CONVEYANCE : Title of SELLER is to be conveyed by warranty deed , unless otherwise provided , and is to be marketable and insurable except 135 for rights reserved in federal patents, state or railroad deeds , building or use restrictions , building and zoning regulations and ordinances of any governmental 136 unit, and rights of way and easements established or of record . Liens , encumbrances or defects to be discharged by SELLER may be paid out of purchase 137 money at date of closing . No liens , encumbrances or defects which are to be discharged or assumed by BUYER or to which title is taken subject to, exist 138 unless otherwise specified in this agreement. 139 140 11 . TITLE INSURANCE : There may be types of title insurance coverages available other than those listed below and parties to this agreement 141 are advised to talk to a title company about any other coverages available that will give the BUYER additional coverage. 142 143 (A) . PRELIMINARY TITLE COMMITMENT AND CC &Rs : Within 6 business days (six [6] if left blank) of final acceptance of all parties , xSELLER or 144 BUYER shall furnish to BUYER a preliminary commitment of a title insurance policy showing the condition of the title to said PROPERTY and a copy of 145 any covenants , conditions and restrictions (CC&Rs) applicable to the PROPERTY. BUYER shall have 2 business days (two [2] if left blank) after receipt 146 of the preliminary commitment and CC& Rs , within which to object in writing to the condition of the title or CC & Rs as set forth in the documentation provided . 147 If BUYER does not so object, BUYER shall be deemed to have accepted the conditions of the title and CC& Rs. If the title of said PROPERTY is not 148 marketable, and cannot be made so within 2 business days (two (2] if left blank) after SELLER'S receipt of a written objection and statement of defect 149 from BUYER , or if BUYER objects to the CC &Rs , then BUYER' S Earnest Money deposit shall be returned to BUYER and SELLER shall pay for the cost of 150 title insurance cancellation fee, escrow and legal fees , if any . Nothing contained herein shall constitute a waiver of BUYER to challenge CC&R terms directly 151 with a homeowner's association after closing . 152 153 ( B) . TITLE COMPANY : The parties agree that April Ashby at Pioneer Title Company 154 located at 775 S Rivershore Ln #120 Eagle, ID 83616 shall provide the title policy and preliminary report of commitment. 155 156 (C). STANDARD COVERAGE OWNER'S POLICY: SELLER shall within a reasonable time after closing furnish to BUYER a title insurance policy in the 157 amount of the purchase price of the PROPERTY showing marketable and insurable title subject to the liens , encumbrances and defects elsewhere set out 158 in this agreement to be discharged or assumed by BUYER unless otherwise provided herein . The risk assumed by the title company in the standard 159 coverage policy is limited to matters of public record . BUYER shall receive a ILTA/ALTA Owner's Policy of Title Insurance . A title company , at BUYER's 160 request, can provide information about the availability, desirability, coverage and cost of various title insurance coverages and endorsements . If BUYER 161 desires title coverage other than that required by this paragraph , BUYER shall instruct Closing company in writing and pay any increase in cost unless 162 otherwise provided herein . 163 164 (D ). EXTENDED COVERAGE LENDER' S POLICY (Mortgagee policy) : The lender may require that BUYER (Borrower) furnish an Extended Coverage 165 Lender' s Policy. This extended coverage lender' s policy considers matters of public record and additionally insures against certain matters not shown in the 166 public record . This extended coverage lender' s policy is solely for the benefit of the lender and only protects the lender. 167 168 12 . INSPECTION : (A) . BUYER chooses ©to conduct inspections ❑ not to conduct inspections . If BUYER chooses not to conduct inspections, skip 169 Sections 12 (B) and (C) . If indicated , this contract is contingent upon BUYER'S approval of the condition of the PROPERTY and BUYER shall have the right 170 to conduct inspections, investigations , tests, surveys and other studies at BUYER'S expense . BUYER is strongly advised to exercise these rights and to make 171 BUYER'S own selection of professionals with appropriate qualifications to conduct inspections of the entire PROPERTY. BUYER shall keep the PROPERTY 172 free and clear of liens; indemnify and hold SELLER harmless from all liability, claims , demands , damages and costs ; and repair any damages arising from the 173 inspections . SELLER shall make the PROPERTY available for inspection and agrees to accept the responsibility and expense for making sure all the utilities 174 are turned on no later than 2 business days (two [2] if left blank) from acceptance for the inspection except for phone , cable and internet, No inspections 175 may be made by any governmental building or zoning inspector or government employee without the prior consent of SELLER unless required by 176 local law. 177 178 ❑ This offer is subject to a short sale approval by a mortgage company, the timeframe(s) for completing inspections shall begin upon written approval of 179 the short sale by the mortgage company and/or all lien holders . 180 181 (B) TIMEFRAME(S) FOR INSPECTIONS 182 1 ) PRIMARY INSPECTION : Buyer' s inspection contingency allows a BUYER to conduct a general inspection of the PROPERTY which includes all aspects 183 of the PROPERTY, including but not limited to neighborhood , conditions , zoning and use allowances , environmental conditions, applicable school districts 184 and/or any other aspect pertaining to the PROPERTY or related to the living environment at the PROPERTY ; hereinafter referred to as the Primary 185 Inspection . Except for additional items or conditions specifically reserved in a Secondary Inspection below BUYER shall , within 7 business days (five 186 [5] if left blank) of acceptance , complete these inspections and give to SELLER written notice of disapproved items/conditions or written notice of termination 187 of this agreement based on an unsatisfactory inspection . Once BUYER delivers written notice to SELLER it shall end BUYER'S timeframe for inspections 1e6 other than those specifically ecifically reserved in a Secondary Inspection below and is irrevocable regardless of,if't was provided prior to the deadline stated above . 18s 07 /07 / 2025 KWF 07 /08/ 2025 BUYER'S Initials ( � ) ( r/VIJ ) Date SELLER'S Initials ( ) � ) Date This form is printed and distributed by the Idaho Association of REALTORSO, Inc. This form has been designed and is provided for use by the real estate professionals who are members of the Idaho Association of REALTORS& USE BY ANY OTHER PERSON IS PROHIBITED. ©Copyright Idaho Association of REALTORS®, Inc. All rights reserved. JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 3 of 9 _. . 9 . I ' ll NMI - , - - , - - ^ - - , _,, , m _ _ ,.. . , :: n ,.^m 19nn_9n7.rnnn 1r M ■ r _ 1 \umenosign iu : etaaemsevtrxmr�ruunn mn au � JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 4 of 9 PROPERTY ADDRESS : 4415 N Locust Grove Rd Meridian 83646 ID# : CopticChurch070725 190 2) SECONDARY INSPECTION : Items or conditions marked below, if any, allow BUYER the indicated time to conduct inspection of only those items or 191 conditions . If not indicated below BUYER may still conduct these inspections but must do so under the 12 (B)( 1 ) Primary Inspection timeframe . BUYER 192 shall , within each timeframe stated below, complete the inspections indicated and give to SELLER written notice of the disapproved item/condition or written 193 notice of termination of this agreement based on an unsatisfactory inspection of that item/condition . Once BUYER delivers written notice to SELLER it shall 194 end BUYER'S timeframe for only that item/condition and is irrevocable regardless of if it was provided prior to the deadline stated below. Any notice provided 195 under this subsection is unrelated to a notice provided under subsection 12 (B) ( 1 ) . BUYER shall be responsible for the cost of all indicated inspections unless 196 otherwise noted in the Costs Paid By section or elsewhere herein . BUYER reserves the right to conduct the following inspections outside the Primary 197 Inspection timeline : 196 m Domestic Well Water Potability and/or Productivity Test which shall be completed and notice provided within 10 business days (ten [10] if left 199 blank) from acceptance. 200 N Septic Inspection and required Pumping which shall be completed and notice provided within 10 business days (ten [10] if left blank) from 201 acceptance. 202 ❑ Survey which shall be completed and notice provided within _ business days (ten [10] if left blank) from acceptance. 203 ❑ Other Inspection #1 : which shall be completed and notice provided within _ business 204 days (ten [10] if left blank) from acceptance. 205 ❑ Other Inspection #2 which shall be completed and notice provided within _ business 206 days (ten [10] if left blank) from acceptance . 207 205 (C ) . SATISFACTION/REMOVAL OF INSPECTION CONTINGENCIES : 209 210 Each following subsection shall apply to BUYER' S Primary Inspection and , if indicated in 12(B) (2) above , shall also apply independently and repeatedly to 211 each item or condition for which BUYER reserved additional time . If no time was reserved for any additional item (s) there will be only one notice required , 212 if additional time was reserved in 12(B) (2) there may be multiple notices . 213 214 1 ) . If BUYER does not within the strict time period specified give to SELLER written notice of disapproved items/conditions or written notice of termination 215 of this agreement under the Primary Inspection or any particular 12(B) (2) reserved item , BUYER shall , for only that particular inspection or item/condition , 216 conclusively be deemed to have: (a) completed applicable inspections , investigations , review of applicable documents and disclosures ; (b) assumed all 217 liability, responsibility and expense for repairs or corrections for that particular inspection or item/condition and (c) waived BUYER'S right to terminate 218 based upon that particular item/condition . BUYER not providing one written notice shall not affect BUYER'S rights regarding other unrelated notices and 219 inspections. 220 221 2) , If BUYER does within the strict time period specified give to SELLER written notice of termination of this agreement based on any unsatisfactory 222 inspection , the parties will have no obligation to continue with the transaction and the Earnest Money shall be returned to BUYER. 223 224 3) , If BUYER does within the strict time period specified give to SELLER written notice of disapproved items/conditions, it shall end BUYER'S timeframe 225 for that particular inspection and is irrevocable. BUYER shall provide to SELLER pertinent section (s) of written inspection reports upon request , if 226 applicable . Upon receipt of written notice SELLER shall have 3 business days (three [3] if left blank) in which to respond in writing . SELLER , at 227 SELLER'S option , may agree to correct the items as requested by BUYER in the notice or may elect not to do so . If SELLER agrees in writing to correct 226 the items/conditions requested by BUYER, then said agreement will become an integral part of this contract. Otherwise , immediately upon a written 229 response from SELLER that rejects BUYER'S requests , in whole or in part, said response shall be irrevocable without consent of BUYER and BUYER 230 may proceed under 12(C)(4) below. If SELLER does not respond in writing within the strict time period it shall be deemed a SELLER response 231 electing not to correct any disapproved items/conditions . 232 233 4) . If SELLER does not agree to correct BUYER' S disapproved items/conditions within the strict time period specified , then within 3 business days 234 (three [3] if left blank) of SELLER'S response , the BUYER has the option of 1 ) negotiating with SELLER to obtain a modification of SELLER' S response 235 2) proceeding with the transaction without the SELLER being responsible for correcting the disapproved items/conditions stated in that particular BUYER'S 236 notice , or 3) giving the SELLER written notice of termination of this agreement in which case Earnest Money shall be returned to BUYER. If within the 237 strict time period specified in this paragraph BUYER does not obtain a modification of SELLER'S response or give written notice of cancellation , 235 BUYER shall conclusively be deemed to have elected to proceed with the transaction without the repairs or corrections to the disapproved items/conditions 239 stated in that particular BUYER'S notice. BUYER electing to proceed with the transaction under BUYER'S Primary Inspection or any single inspection 240 reserved under 12(B)(2) shall not affect BUYER' S rights regarding other inspections reserved in 12 (B) (2) . 241 242 ( D) . Home Warranty Programs are available for purchase through a number of Home Warranty Companies . 243 244 13 . LEAD PAINT DISCLOSURE : The subject PROPERTY ® is ❑ is not defined as "Target Housing " regarding lead-based paint or lead-based paint 245 hazards . The term lead-based paint hazards are intended to identify lead-based paint and all residual lead-containing dusts and soils regardless of the 246 source of the lead . If yes , BUYER hereby acknowledges the following : (a) BUYER has been provided an EPA approved lead-based paint hazard information 247 pamphlet, " Protect Your Family From Lead in Your Home" , (b) receipt of SELLER' S Disclosure of Information and Acknowledgment Form and have been 248 provided with all records , test reports or other information , if any, related to the presence of lead-based paint hazards on said PROPERTY, (c) that this contract 249 is contingent upon BUYERS right to have the PROPERTY tested for lead-based paint hazards to be completed no later than 07/28/2025 or the 250 contingency will terminate , (d) that BUYER hereby ❑waives Mdoes not waive this right, (e) that if test results show unacceptable amounts of lead-based 251 paint on the PROPERTY , BUYER has the right to cancel the contract subject to the option of the SELLER (to be given in writing ) to elect to remove the lead- 252 based paint and correct the problem which must be accomplished before closing , (f) that if the contract is canceled under this clause, BUYER' S earnest 253 money deposit shall be returned to BUYER. Additionally , if any structure was built before 1978 and is a residential home , apartment or child-occupied facility 254 such as a school or day-care center, federal law requires contractors that disturb lead-based paint in that structure to provide the owner with a " Renovate 255 Right" pamphlet. The contractor shall be certified and follow specific work practices to prevent lead contamination . 256 257 07 /07 / 2025 K 07 / 08/ 2025 BUYER' S Initials l� ) ) Date SELLER'S Initials I1Wf WF ) ( ) Date This form is printed and distributed by the Idaho Association of REALTORS®, Inc. This form has been designed and is provided for use by the real estate professionals who are members of the Idaho Association of REALTORS& USE BY ANY OTHER PERSON IS PROHIBITED. ©Copyright Idaho Association of REALTORSO, Inc. All rights reserved. JANUARY 2026 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 4 of 9 kumemisigntt; : eaaitutir auNruunn rau uumun��nwm mz JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 5 of 9 PROPERTY ADDRESS : 4415 N Locust Grove Rd Meridian 83646 ID#: CopticChurch070725 2e8 14. MOLD DISCLAIMER : BUYER is hereby advised that mold and/or other microorganisms may exist at the Property . Upon closing BUYER acknowledges 269 and agrees to accept full responsibility and risk for any matters that may result from mold and/ or other microorganisms and to hold SELLER and any Broker 260 or agent representing SELLER or BUYER harmless from any liability or damages (financial or otherwise) relating to such matters. 261 262 15. SQUARE FOOTAGE AND BOUNDARY VERIFICATION : BUYER is aware that any reference to the square footage , the boundaries and/or 263 property lines of the real property or improvements is approximate . If exact knowledge of the square footage , boundaries and/or property lines is material to 264 the BUYER , they must be verified by BUYER during the inspection period . BUYER is advised that fences , walls , hedges , and other natural or constructed 266 barriers or markers do not necessarily identify true property boundaries . Property lines and boundaries may be verified by surveys . 266 267 16 . RIGHT TO FARM : BUYER acknowledges Idaho's right to farm statutes codified in Title 22 , Chapter 45 which states a preference for, and protects , 268 agricultural land use by limiting certain nuisances . 269 270 17 . SELLER'S PROPERTY CONDITION DISCLOSURE FORM : If required by Title 55 , Chapter 25 Idaho Code SELLER shall within ten (10) calendar 271 days after execution of this agreement provide to BUYER or BUYER'S agent, "Seller's Property Condition Disclosure Form" or other acceptable form . BUYER 272 has received the "Seller's Property Condition Disclosure Form" or other acceptable form prior to signing this agreement: ❑Yes ® No ❑ NIA . If yes, BUYER and 273 SELLER agree that the three (3) business day statutory timeframe for BUYER' S recission shall run from acceptance of this agreement. 274 276 18 . SUBDIVISION HOMEOWNER' S ASSOCIATION : BUYER is aware that membership in a Home Owner' s Association may be required and BUYER 276 agrees to abide by the Articles of Incorporation , Bylaws and rules and regulations of the Association . BUYER is further aware that the PROPERTY may be 277 subject to assessments levied by the Association described in full in the Declaration of Covenants , Conditions and Restrictions. BUYER has reviewed 278 Homeowner's Association Documents : ❑Yes ONO ® N/A. Association fees/dues are $ 0,00 per 279 ❑ BUYER ❑ SELLER ❑Shared Equally ® N/A to pay Association SET UP FEE of $ at closing . 260 ❑ BUYER ❑SELLER ❑Shared Equally IDN/A to pay Association PROPERTY TRANSFER FEES of $ at closing . 281 Association Fees are governed by Idaho Code Title 55 , Chapters 15 and 32 , 262 The SELLER to pay any additional costs if more than the amounts stated in this section . 283 . 284 19 . COSTS PAID BY : The parties agree to pay the following costs immediately when due and regardless of transaction closing, unless otherwise 286 indicated . These costs shall be paid by the indicated party regardless of whether or not the transaction closes ; if the transaction fails to close due to breach 286 of a party, any costs paid by the non-breaching party may be recovered as damages. None of the costs to be paid by the parties in this section creates an 267 inspection or performance obligation other than strictly for the payment of costs unless otherwise stated . There may be other costs incurred in addition to those 266 set forth below. Such costs may be required by the lender, by law, or by other circumstances. Requested tests/inspection reports as indicated below shall be 269 provided to the other party within the time period specified in Section 12 , zso Shared Shared BUYER SELLER Equally N/A BUYER SELLERI Equally N/A Appraisal Fee X Title Ins, Standard Coverage Owner's Policy X Appraisal Re-Inspection Fee X Title Ins, Extended Coverage X Lenders Policy — Mortgagee Policy Closing Escrow Fee K Additional Title Coverage X Lender Document/Processing Fee X Domestic Well Water Potability Test X Shall be ordered by: ❑ BUYER © SELLER Tax Service Fee X Domestic Well Water Productivity Test X Shall be ordered by: ❑ BUYER © SELLER Flood Certification/Tracking Fee X Septic Inspections x Shall be ordered by: ❑ BUYER ®SELLER Lender Required Inspections X Septic Pumping X Shall be ordered by: ❑ BUYER ® SELLER Attorney Contract Preparation or Review Fee X Survey x Shall be ordered by: ❑ BUYER ❑ SELLER Water Rights/Shares Transfer Fee X 291 Upon closing SELLER agrees to pay ❑ % of the purchase price OR ❑ $ 0.00 (dollar amount) (N/A if left blank) as a SELLER 292 concession . This can be used toward lender-approved BUYER' S closing costs, lender fees, and prepaid costs which include but are not limited to 293 those items in BUYER columns marked above. This concession can also be used for any other expense not related to financing at the BUYER' s 294 discretion . 295 296 SELLER agrees to pay up to $ 0. 00 ($0 if left blank) of lender required repair costs only . 297 BUYER or SELLER has the option to pay any lender required repair costs in excess of this amount. 298 07 / 07 / 2025 YI'Ij 07 / 08/ 2025 BUYER'S Initials ( N� ) �IVIJ ) Date SELLER'S Initials ( kW ) ( ) Date This form is printed and distributed by the Idaho Association of REALTORS®, Inc. This form has been designed and is provided for use by the real estate professionals who are members of the Idaho Association of REALTORS& USE BY ANY OTHER PERSON IS PROHIBITED. ©Copyright Idaho Association of REALTORSO, Inc. All rights reserved. JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 5 of 9 wmenusigniu : fisadwmr� swmn�xrasuuunuyxwe z JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 6 of 9 PROPERTY ADDRESS : 4415 N Locust Grove Rd Meridian 83646 ID# : CopticChurch07O725 299 20 . SELLING BROKERAGE COMPENSATION PAID BY SELLER AND/OR LISTING BROKERAGE : 300 ❑ SELLER agrees to pay Selling Brokerage compensation of ❑ an amount equal to _% of the final sales price OR ❑ other: 301 SELLER'S payment obligation may be satisfied by Selling Brokerage receiving compensation from Listing Brokerage , from SELLER, or any 302 combination of the two. The parties' agreement as stated in this subsection is expressly and primarily for the benefit of the Selling Brokerage, a 303 third party , who shall have direct enforcement rights to collect the specified payment pursuant to Idaho Code 29- 102 and other relevant laws . 304 305 N Selling Brokerage compensation does not need to be addressed in this agreement. 306 307 A Selling Brokerage's entitlement to compensation is conditioned upon Selling Brokerage procuring a buyer ready, willing and able to purchase , transfer 308 or exchange the PROPERTY. Real estate broker compensation is not set by law and is fully negotiable . Selling Brokerage' s compensation shall be paid 309 at closing unless otherwise designated by Selling Broker in writing . The closing company identified in this agreement is hereby authorized to pay the 310 above-mentioned compensation at closing . BUYER acknowledges that any agreement by SELLER to pay compensation to Selling Brokerage may not 311 completely satisfy BUYER' s contractual obligation to Selling Brokerage ; BUYER's obligation will remain unless separately changed in a document signed 312 by Selling Brokerage . All parties acknowledge that Selling Brokerage may accept compensation from SELLER and/or BUYER so long as the total 313 compensation received does not exceed that which is agreed to in writing with BUYER . 314 315 21 . OCCUPANCY : BUYER ❑ does ® does not intend to occupy PROPERTY as BUYER'S primary residence. 316 317 22 . SECTION 1031 TAX DEFERRED EXCHANGE : BUYER ❑ does Rn does not intend to do a 1031 Tax Deferred Exchange (N/A if 318 left blank) . Each party shall cooperate with the other Party in effectuating an exchange under IRS Section 1031 ; provided however, that the other Party's 319 cooperation shall be conditioned on the following : (a) the exchange shall be at no additional liability and/or cost to the other Party ; (b) the exchange shall not 32o delay Settlement or Closing ; and (c) the other Party shall not be required to acquire title to any proposed exchange properties to accommodate an exchange . 321 The exchanging party shall indemnify , defend and hold the other Party harmless from and against all claims , demands , costs and expenses which that Party 322 may sustain as a result of the actual or attempted 1031 exchange . 323 324 23 . RISK OF LOSS OR NEGLECT : Prior to closing of this sale, all risk of loss shall remain with SELLER. In addition, should the PROPERTY be 325 materially damaged by fire, neglect, or other destructive cause prior to closing , this agreement shall be voidable at the option of the BUYER, and 326 if voided , BUYER' S Earnest Money shall be returned to BUYER. 327 328 24. WALK THROUGHS : The SELLER grants BUYER and any representative of BUYER reasonable access to conduct two walk through inspections of 329 the PROPERTY NOT AS A CONTINGENCY OF THE SALE , but for the following stated purposes: first walkthrough shall be within 3 business days 330 (three [3] if left blank) after the deadline for completion of repairs agreed to as a result of the Buyer's Inspection Contingency for the purpose of satisfying 331 BUYER that any repairs agreed to in writing by BUYER and SELLER have been completed . The second walkthrough shall be within 3 business days 332 (three [3] if left blank) prior to close of escrow, for the purpose of satisfying BUYER that PROPERTY is in substantially the same condition as on the date this 333 offer is made . The walk throughs stated herein are not a contingency of the sale which might allow termination , but rather for BUYER' S reasonable 334 satisfaction . BUYER'S only recourse if unsatisfied is to notify SELLER who must correct or rectify the situation . SELLER shall make PROPERTY available 335 for the walk throughs and agrees to accept the responsibility and expense for making sure all the utilities are turned on for the walk throughs except for 336 phone , cable and internet, If BUYER does not conduct either of the walk throughs , BUYER specifically releases the SELLER and Broker(s) and their 337 associates of any liability as to incomplete repairs and/or any changed conditions. 336 25 . SINGULAR AND PLURAL terms each include the other, when appropriate . 339 34o 26 . FORECLOSURE NOTICE : If the PROPERTY described above is currently involved in a foreclosure proceeding (pursuant to Idaho Code §45-1506) 341 any contract or agreement with the owner or owners of record that involves the transfer of any interest in residential real property , as defined in §45-525 (5) (b) , 342 Idaho Code , subject to foreclosure must be in writing and must be accompanied by and affixed to RE-42 Property Foreclosure Disclosure Form , 343 344 27 . MECHANIC ' S LIENS - GENERAL CONTRACTOR DISCLOSURE STATEMENT NOTICE : BUYER and SELLER are hereby notified that, 345 subject to Idaho Code §45-525 et seq. , a "General Contractor" must provide a Disclosure Statement to a homeowner that describes certain rights afforded to 346 the homeowner (e. g . lien waivers , general liability insurance, extended policies of title insurance , surety bonds , and sub-contractor information) . The Disclosure 347 Statement must be given to a homeowner prior to the General Contractor entering into any contract in an amount exceeding $2 , 000 with a homeowner for 348 construction , alteration , repair, or other improvements to real property , or with a residential real property purchaser for the purchase and sale of newly 349 constructed property. Such disclosure is the responsibility of the General Contractor and it is not the duty of your agent to obtain this information on your 35o behalf. You are advised to consult with any General Contractor subject to Idaho Code §45-525 et seq. regarding the General Contractor Disclosure Statement. 351 352 28 . SALES PRICE INFORMATION : Pursuant to Idaho Code §54-2083(6) (d) , a "sold" price of real property is not confidential client information . 353 354 29 . TRANSMISSION OF DOCUMENTS : Facsimile or electronic transmission of any signed original document, and retransmission of any signed facsimile 355 or electronic transmission shall be the same as delivery of an original . At the request of either the BUYER , SELLER , LENDER, Closing Company, or either 366 broker, the BUYER and SELLER will confirm facsimile or electronic transmitted signatures by signing an original document . SELLER and BUYER consent to 357 conduct the transaction referenced herein , when not prohibited by law , by and through electronic means in accordance with Idaho's Uniform Electronic 358 Transaction Act and Idaho Code § 54-2052. Unless specifically stated otherwise , delivery of any document, notice or communication to a Broker or real estate 359 licensee working on behalf of a party hereto , shall constitute delivery to that party. 360 361 362 363 i 364 Lk ) L kt) 07 /07 / 2025 W07 /08/ 2025 BUYER'S Initials Date SELLER'S Initials ( I1�YV � ) O Date This form is printed and distributed by the Idaho Association of REALTORS®, Inc. This form has been designed and is provided for use by the real estate professionals who are members of the Idaho Association of REALTORS& USE BY ANY OTHER PERSON IS PROHIBITED. ©Copyright Idaho Association of REALTORS®, Inc. All rights reserved. JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT — Page 6 of 9 r unnenusign w : eaadanmrvsunn+ tmn�nrausuumtu�xw JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 7 of 9 PROPERTY ADDRESS : 4415 N Locust Grove Rd Meridian 83646 ID# : CopticChurch07O725 365 30 . WIRE TRANSFER WARNING : Electronic means of transferring money (Le. ETF, wire transfer, electronic check, direct deposit, etc . . . ) are subject to 366 sophisticated cyber fraud attacks . These attacks are even more prevalent in real estate transactions due to the large sums of money being exchanged . All 367 parties are advised that Brokerage will not provide electronic transfer instructions by e-mail . Following money transfer instructions contained in an email from 368 any party is inherently dangerous and should be avoided . All parties agree that if any party uses , or authorizes the use of, electronic transfer of funds in a 369 transaction all parties hereby hold the Brokerages , their agents, and the designated title and escrow company harmless from any and all claims arising out of 370 inaccurate transfer instructions , fraudulent interception of said funds and/or any other damage relating to the conduct of third parties influencing the transfer 371 process or stealing funds . 372 373 31 . BUSINESS DAYS : A business day is herein defined as Monday through Friday, 8 : 00 A. M . to 5 : 00 P . M . in the local time zone where the subject real 374 PROPERTY is physically located . A business day shall not include any Saturday or Sunday, nor shall a business day include any legal holiday recognized by 375 the state of Idaho as found in Idaho Code §73A08 . If the time in which any act required under this agreement is to be performed is based upon a business 376 day calculation , then it shall be computed by excluding the calendar day of execution and including the last business day. The first business day shall be the 377 first business day after the date of execution . If the last day is a legal holiday , then the time for performance shall be the next subsequent business day . 378 379 32 . CALENDAR DAYS : A calendar day is herein defined as Sunday through Saturday, 12 : 00 A. M . to 11 : 59 P . M . , in the local time zone where the subject 38o real PROPERTY is physically located . A calendar day shall include any legal holiday . The time in which any act required under this agreement is to be 381 performed shall be computed by excluding the date of execution and including the last day , thus the first day shall be the day after the date of execution . Any 382 reference to "day" or "days" in this agreement means the same as calendar day , unless specifically enumerated as a "business day. " 383 384 33 . ATTORNEY'S FEES : If either party initiates or defends any arbitration or legal action or proceedings which are in any way connected with this 385 agreement, the prevailing party shall be entitled to recover from the non -prevailing party reasonable costs and attorney's fees , including such costs and fees 386 on appeal . 387 388 34. DEFAULT : If BUYER defaults in the performance of this agreement , SELLER has the option of: ( 1 ) accepting the Earnest Money as liquidated damages 389 or (2) pursuing any other lawful right and/or remedy to which SELLER may be entitled . If SELLER elects to proceed under ( 1 ) , SELLER shall make demand 390 upon the holder of the Earnest Money , upon which demand said holder shall pay from the Earnest Money the costs incurred by SELLER'S Broker on behalf 391 of SELLER and BUYER related to the transaction , including , without limitation , the costs of title insurance , escrow fees , appraisal , credit report fees , inspection 392 fees and attorney's fees ; and said holder shall pay any balance of the Earnest Money , one-half to SELLER and one-half to SELLER'S Broker, provided that 393 the amount to be paid to SELLER'S Broker shall not exceed the Broker's agreed-to commission . SELLER and BUYER specifically acknowledge and agree 394 that if SELLER elects to accept the Earnest Money as liquidated damages , such shall be SELLER'S sole and exclusive remedy , and such shall not be 395 considered a penalty or forfeiture . However, in the event the parties mutually agree in writing that any Earnest Money shall become non-refundable , said 396 agreement shall not be considered an election of remedies by SELLER and the non-refundable Earnest Money shall not constitute liquidated damages; nor 397 shall it act as a waiver of other remedies , all of which shall be available to SELLER; it may however be used to offset SELLER'S damages . If SELLER elects 398 to proceed under (2) , the holder of the Earnest Money shall be entitled to pay the costs incurred by SELLER'S Broker on behalf of SELLER and BUYER related 399 to the transaction , including , without limitation , the costs of brokerage fee , title insurance, escrow fees , appraisal , credit report fees , inspection fees and 400 attorney's fees , with any balance of the Earnest Money to be held pending resolution of the matter. If SELLER defaults , having approved said sale and fails 401 to consummate the same as herein agreed , BUYER'S Earnest Money deposit, including but not limited to Earnest Money that has become non-refundable , 402 shall be returned to BUYER and SELLER shall pay for the costs of title insurance, escrow fees , appraisals , credit report fees, inspection fees , brokerage fees 403 and attorney's fees , if any. This shall not be considered as a waiver by BUYER of any other lawful right or remedy to which BUYER may be entitled . 404 405 35. EARNEST MONEY DISPUTE / INTERPLEADER: Notwithstanding any termination or breach of this agreement, BUYER and SELLER agree that 406 in the event of any controversy regarding the Earnest Money and things of value held by Broker or closing company , Broker may reasonably rely on the terms 407 of this agreement or other written documents signed by both parties to determine how to disburse the disputed money . However, Broker shall not be required 408 to take any action but may await any proceeding , or at Broker's option and sole discretion , may interplead all parties and deposit any moneys or things of value 409 into -a court of competent jurisdiction and shall recover all costs which were incurred as a result of the dispute including , but not limited to , reasonable attorney's 410 fees . If either parties' Broker incurs attorney' s fees as a result of any Earnest Money dispute , whether or not formal legal action is taken , said Broker is entitled 411 to recover actual fees incurred from either BUYER or SELLER . 412 413 36 . COUNTERPARTS : This agreement may be executed in counterparts . Executing an agreement in counterparts shall mean the signature of two identical 414 copies of the same agreement. Each identical copy of an agreement signed in counterparts is deemed to be an original , and all identical copies shall together 415 constitute one and the same instrument. 416 417 37 . " NOT APPLICABLE" DEFINED : The letters "n/a ," "N/A, " Itn . a . , It and " N .A." as used herein are abbreviations of the term " not applicable . " Where this 418 agreement uses the term "not applicable" or an abbreviation thereof, it shall be evidence that the parties have contemplated certain facts or conditions and 419 have determined that such facts or conditions do not apply to the agreement or transaction herein . 420 421 38 . SEVERABILITY: In the case that any one or more of the provisions contained in this agreement , or any application thereof, shall be invalid , illegal or 422 unenforceable in any respect, the validity, legality or enforceability of the remaining provisions shall not in any way be affected or impaired thereby . 423 424 425 426 427 428 429 430 431 Nn BUYER'S Initials (�) �) Date 07 /07 / 2025 SELLER'S Initials ( Kl�F ) ( ) Date 07 / 08/ 2025 This form is printed and distributed by the Idaho Association of REACTORS®, Inc. This form has been designed and is provided for use by the real estate professionals who are members of the Idaho Association of REALTORS& USE BY ANY OTHER PERSON IS PROHIBITED. ©Copyright Idaho Association of REALTORS@, Inc. All rights reserved. JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 7 of 9 r wmenusi,qn y : daadm3m sftnn�unn anri� JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 8 of 9 PROPERTY ADDRESS : 4415 N Locust Grove Rd Meridian 83646 ID# : CopticChurch07O725 432 39 . REPRESENTATION CONFIRMATION : Check one ( 1 ) box in Section 1 and one (1 ) box in Section 2 below to confirm that in this transaction , the 433 brokerage(s) involved had the following relationship (s) with the BUYER(S) and SELLER(S) . 434 Section 1 : 435 © A. The brokerage working with the BUYER(S) is acting as an AGENT for the BUYER(S) . 436 ❑ B . The brokerage working with the BUYER(S ) is acting as a LIMITED DUAL AGENT for the BUYER(S ) , without an ASSIGNED AGENT . 437 ❑ C . The brokerage working with the BUYER(S) is acting as a LIMITED DUAL AGENT for the BUYER(S ) and has an ASSIGNED AGENT 438 acting solely on behalf of the BUYER(S ) . 439 ❑ D . The brokerage working with the BUYER(S) is acting as a NONAGENT for the BUYER(S ). 440 441 Section 2: 442 ❑ A . The brokerage working with the SELLER(S) is acting as an AGENT for the SELLER(S ) . 443 ❑ B . The brokerage working with the SELLER(S ) is acting as a LIMITED DUAL AGENT for the SELLER(S ), without an ASSIGNED AGENT. 444 ❑ C . The brokerage working with the SELLER(S) is acting as a LIMITED DUAL AGENT for the SELLER(S) and has an ASSIGNED AGENT 445 acting solely on behalf of the SELLER(S) . 446 N D . The brokerage working with the SELLER(S ) is acting as a NONAGENT for the SELLER(S ) . 447 448 Each party signing this document confirms that he has received , read and understood the Agency Disclosure Brochure adopted or approved by the Idaho real 449 estate commission and has consented to the relationship confirmed above . EACH PARTY UNDERSTANDS THAT HE IS A "CUSTOMER" AND IS NOT 45o REPRESENTED BY A BROKERAGE UNLESS THERE IS A SIGNED WRITTEN AGREEMENT FOR AGENCY REPRESENTATION , 451 452 40 . CLOSING : On or before the closing date , BUYER and SELLER shall deposit with the closing company all funds and instruments necessary to complete 453 this transaction . Closing means the date on which all documents are either recorded or accepted by an escrow agent and the sale proceeds are 454 available to SELLER. The closing shall be no later than (Date) 10/09/2025 . The parties agree that the CLOSING 455 COMPANY for this transaction shall be April Ashby at Pioneer Title located at 775 S Rivershore Ln 456 Suite #120 Eagle ID 83616 If a long-term escrow / collection is involved , then the long- 457 term escrow holder shall be PioneerTille 458 459 41 . CONDITION OF PROPERTY UPON CLOSING : Upon closing BUYER agrees BUYER is purchasing the PROPERTY in as-is-condition with all faults and 460 with no further repairs required , subject only to the representations and warranties stated herein , in any deed , or otherwise agreed upon by the parties in 461 writing . BUYER will assume all obligations with respect to the PROPERTY. Prior to closing SELLER shall ensure all personal property not specifically 462 transferred under this agreement is removed from the PROPERTY and that the PROPERTY is free of debris . SELLER shall have no right to abandon personal 463 property by leaving the same on the PROPERTY. In the event any personal property remains on the PROPERTY after closing the same shall be deemed to 464 have no value and may be disposed of, sold , or acquired by BUYER without notice or compensation to SELLER; BUYER shall have a cause of action against 465 SELLER for reasonable costs and expenses for the removal of same ; and SELLER shall indemnify BUYER for claims from third parties related to the same. 466 BUYER and SELLER intend for the provisions of this section to survive closing and not merge with any subsequently executed deed as it is a collateral 467 stipulation . 468 469 42. POSSESSION : BUYER shall be entitled to possession and keys © upon closing or ❑date time ❑A, M , ❑ P . M . 470 471 43 . PRORATIONS : Property taxes and water assessments (using the last available assessment as a basis) , rents collected , interest and reserves , liens , 472 encumbrances or obligations assumed , and utilities shall be prorated ❑O upon closing or as of ❑ date (upon closing if left blank) . 473 474 BUYER to reimburse SELLER for fuel in tank ❑ Yes ❑ No ® N/A . Dollar amount may be determined by SELLER's supplier. 475 476 44. ASSIGNMENT : This agreement and any rights or interests created herein ❑ may ® may not be sold , transferred , or otherwise assigned . 477 476 45 . ENTIRE AGREEMENT : This agreement including any addendums or exhibits, constitutes the entire agreement between the parties respecting the 479 matters set forth and supersedes all prior agreements between the parties respecting such matters. This agreement may be modified only by a written 490 agreement signed by each of the parties . 481 482 46 . TIME IS OF THE ESSENCE IN THIS AGREEMENT. 483 484 47 . AUTHORITY OF SIGNATORY : If BUYER or SELLER is a corporation , partnership , trust , estate , or other entity , the person executing this agreement 465 on its behalf warrants his or her authority to do so and to bind BUYER or SELLER . 486 487 48 . ACCEPTANCE : This offer may be revoked at any time prior to acceptance and is made subject to acceptance on or before 488 (Date) 07/08/2025 at (Local Time in which PROPERTY is located) 9 WIA. M . ❑ P . M . N ° LJ I YIfIP I , ( ) BUYER' S Initials IC ) (IVIJ ) Date 07 / 07 / 2025 SELLER'S Initials t� nrvt !� Date 07 /08 / 2025 This form is printed and distributed by the Idaho Association of REALTORSe, Inc. This form has been designed and is provided for use by the real estate professionals who are members of the Idaho Association of REALTORS& USE BY ANY OTHER PERSON IS PROHIBITED. ©Copyright Idaho Association of REALTORSe, Inc. All rights reserved. JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 8 of 9 !umenusirin w : tsaadmjrtti rsna raonn-at-/u JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 9 of 9 PROPERTY ADDRESS : 4415 N Locust Grove Rd Meridian 83646 ID#: CopticChurch07O725 489 49 . BUYER' S SIGNATURES : 490 491 ❑ SEE ATTACHED BUYER'S ADDENDUM (S ) : (Specify number of BUYER addendum(s) attached . ) 492 ❑ SEE ATTACHED BUYER'S EXHIBIT(S ) : (Specify number of BUYER exhibit(s) attached . ) 493 494 495 Ao IETBUYER does currently hold an active Idaho real estate license. ❑ BUYER is related to agent. 496 497 BUYER Signature FNA er Kla ICe PeeSt4ht BUYER ( Print Name) Nader Rafla , Vice President 498 07 / 07 / 2025 2 :44 PM 499 Date Time ❑A. * P . M . Phone # Cell # 500 5ol Address 2844 S Portside Ave E-Mail nrafla@boisestate.edu 502 503 City Boise State ID Zip 83706 Fax # 504 505 506 507 A"thl3iBUYER does currently hold an active Idaho real estate license . ❑ BUYER is related to agent. 508 _Fr. MI'M Maher f'alahla Prer►deht P 5os BUYER Signature � BUYER ( Print Name) Fr. Mina Maher Salama, resident 510 5111 Date 07 /07 / 20 5 Time 1 :52 PM pA. I* P . M . Phone # Cell # 512 513 Address 19535 81 S E-Mail Fr. mina.salama@stmaryseattle. org 514 515 City Kenmore State WA Zip 98028 Fax # 516 517 518 519 52o 49 . SELLER' S SIGNATURES : On this date , UWe hereby approve and accept the transaction set forth in the above agreement and agree to carry out all 521 the terms thereof on the part of the SELLER. 522 523 ❑ SIGNATURE(S ) SUBJECT TO ACCEPTANCE OF ATTACHED COUNTER OFFER 524 525 TELLER does currently hold an active Idaho real estate license. ❑ SELLER is related to agent. 526 Keht W FreIU ( Name) Kent SELLER Signature SELLER Print Name Kent W Freitag 528 07 / 08/ 4025 529 Date Time ❑AA*P . M . Phone # Cell # 208-867-2483 530 531 Address 4415 N Locust Grove Rd E-Mail Kentwfreitag@gmail .com 532 533 City Meridian State ID Zip 83646 Fax # 534 535 CONTRACTOR REGISTRATION # (if applicable) 536 537 538 539 ❑ SELLER does currently hold an active Idaho real estate license. ❑ SELLER is related to agent. 540 541 SELLER Signature SELLER ( Print Name) 542 543 Date Time ❑A. M . ❑ P . M . Phone # Cell # 544 545 Address E-Mail 546 547 City State Zip Fax # 548 549 CONTRACTOR REGISTRATION # ( if applicable) 550 551 552 553 LATE ACCEPTANCE 554 If acceptance of this offer is received after the time specified , it shall not be binding on the BUYER unless BUYER approves of said 555 acceptance within calendar days (three [3] if left blank) by BUYER initialing HERE ( ) ( ) Date 556 If BUYER timely approves of SELLER Is late acceptance , an initialed copy of this page shall be immediately delivered to SELLER . This form is printed and distributed by the Idaho Association of REALTORS@, Inc. This form has been designed and is provided for use by the real estate professionals who are members of the Idaho Association of REALTORS& USE BY ANY OTHER PERSON IS PROHIBITED. ©Copyright Idaho Association of REALTORS@, Inc. All rights reserved. JANUARY 2025 EDITION RE-21 REAL ESTATE PURCHASE AND SALE AGREEMENT Page 9 of 9