PURCHASE AND SALE AGREEMENT
Date: November 08, 2006
Ref. No. 705 W. Dustman Street, Bluffton, Indiana 46714
THIS AGREEMENT is entered into by and between La Cometa Properties, Inc. , (a wholly owned
subsidiary of The Inventure Group, Inc.) an Arizona Corporation, or nominee, hereinafter referred to as “Buyer”
and Lincoln Estates, LLC a Delaware Limited Liability Company, hereinafter referred to as “Seller”, for the
purpose of setting forth the terms and conditions of the transaction described below.
The subject of the within agreement is the acquisition by Buyer of a 100% interest in and to the real property
705 W. Dustman Street, City of Bluffton, County of Wells, State of Indiana
Tax Parcel Nos. : 0120986200; 0120974101; 0050320803
Legal Description attached hereto as Exhibit “A” (the “ Property ”).
PURCHASE PRICE : The purchase price for the Property shall be Three Million and 00/100 Dollars
($3,000,000.00), payable as follows:
PROPERTY TAXES: Any bonds and assessments that are associated with the Property and are collected
with the property taxes shall be assumed by the Buyer.
TRANSFER OWNERSHIP: Title to the Property shall be conveyed by Warranty Deed vested to: La
Cometa Properties, Inc., an Arizona Corporation, or assignee, subject only to those matters disclosed by the
preliminary title report described below.
Title to any personal property shall be conveyed to Buyer by Bill of Sale on the Closing Date, free and clear of all
encumbrances (except those approved by Buyer). The price of said items
Earnest Money Deposit with Escrow Holder:
First Lien / New Loan — Conventional Financing
Cash at Closing:
Total Purchase Price:
shall be included in the Purchase Price for the Property and Buyer agrees to accept all such personal property in
its “as is” condition.
ESCROW AGENT / TITLE INSURANCE: Th