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m 0ni Ni 0 H 0 CD Nr inn O C_ o 0- U w Zm N m wo �o � D < o D- O 0) co 71 O cc < O N Z Co D n o }� r c(i) CO c tern Cn ¢ 0 m 7, m l}r 0 Z o A Z 0 RE: Lot 3, Meadowlark West Ninth Subdivision DEVELOPER REPURCHASE AGREEMENT This Developer Repurchase Agreement (the "Agreement") is made and entered into this 3 day of APL IL- , 2013, by and between CFT DEVELOPMENTS, LLC, a California limited liability company, having a mailing address of 1683 Walnut Grove Avenue, Rosemead, California 91770 (the "Owner"), and ALLEN 281 LLC, a Nebraska limited liability company, having a mailing address of P.O. Box 987, 1115 West rd Street, Hastings, Nebraska 68902 (the"Developer"). PRELIMINARY STATEMENT Contemporaneously with the execution of this Agreement, Owner has acquired from Developer Lot 3, Meadowlark West Ninth Subdivision, in the City of Grand Island, Hall County, Nebraska, as surveyed, platted and recorded (the "Property") pursuant to the terms and conditions set forth in the Real Property Purchase and Sale Agreement and Joint Escrow Instructions dated March 5, 2013, between the Parties (the "Purchase Agreement"), which acquisition is evidenced by the recordation of a Special Warranty Deed (the "Deed") from Developer to Owner, which was filed of record prior to the recording of this Agreement. Owner has agreed to grant to Developer an option to repurchase the Real Property and all improvements and appurtenances thereon, exclusive of movable equipment and fixtures, inventory, signs and other personal property upon certain conditions. TERMS AND CONDITIONS NOW, THEREFORE, in consideration of the foregoing Preliminary Statement, which is incorporated in its entirety in this portion of this Agreement and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows: After recording,return to: John Q.Bachman PANSING IIOGAN ERNST&BACHMAN LLP 10250 Regency Circle,Suite 300 Omaha,NE 68114