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ASSIGNMENT OF CONTRACT

This Assignment o f Contract (?Assignment?) made and entered into this 19th day o f
Nov 2022 by and between K E N A Capital (??Assignor?) and A + Property Management,
Investment & Development Services LLC(??Assignee?).

RECITALS

A. A s s i g n o r is the B u y e r under the certain C o n t r a c t f o r Purchase and Sale dated

N o v 14, 2 0 2 2 b e t w e e n Deborah M M a x s o n and K E N A Capital, L L C (the
?Contract?) for the property located at 1106 W Mauretania St Los Angeles, CA 90744
(the ?Property?).

B. It is the intention by virtue o f this Assignment that Assignor assign, transfer and
convey unto Assignce all o f its right, title and interest in and to the Contract and that the
Assignee accept all obligations thereunder.

N O W THEREFORE, for and in consideration o f the natural covenants and promises

as hereinafter expressed and other good and valuable considerations, the receipt and
sufficiency o f which is hereby acknowledged, the parties covenants and agree asf o l l o w s :

1. The Recitals set forth above are true, accurate and correct and incorporated herein
by reference.

2. Assignor does hereby sell, assign, transfer and convey all of its right, title and
interest in the Contract, including any deposits made thereunder by the Assignor
to the Assignee effective the date o f this Assignment.

3. Assignee has agreed to purchase the Property for $450,000.00 plus closing costs
as dictated by the Contract, with a closing date set for Dec 02" 2022 or earlier.

4. Assignee will pay an agreed-upon assignment fee o f $25,000.00 (invoices attached

hereto as Exhibit ?A?) to Assignor.

5. Assignee will wire a non-refundable deposit in the amount o f $10,000.00 to

First California Escrow

6. The Assignee does hereby accept the Contract and covenants and agrees to
perform all o f the terms and conditions thereunder and to hold harmless and
indemnify Assignor from any and all actions, causes o f action, claims, damages
and expenses, including attorney?s fees arising out of the failure o f the Assignee
to perform the obligations as the Buyer thereunder.

7. Assignor and Assignee warrant and represent, each to the other, that they have the
power and authority to enter into this Assignment, that there are no defaults under
the terms o f the Agreement o f which the parties are aware, and that Assignor has
not previously assigned, transferred, pledged or hypothecated Assignor?s interest
in the Agreement.

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8. This Assignment constitutes the sole and entire agreement between the parties
hereto and no modification shall be binding unless set forth in writing and signed
by ail parties hereto.

9. This Assignment shall be construed under the laws o f the State o f California.
IN WITNESS WHEREOF, the Assignor and Assignee have hereunto set their hands and
seals on the day and year first above written.

ASSIGNOR:

KENA CAPITAL, LLC

By:
Jesus Yinh, Managing Member

ASSIGNEE:

A + Property Management,
Investment & Develop Services LLC
By:
Rolandoimon

a
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Date: Nov 19 2022

To:
First C a l i f o r n i a E s c r o w
8 0 0 E. C o l o r a d o B i v d , S u i t e 1 6 0
Pasadena, C A 9 1 1 0 !
Phone (626) 568-2775 F a x (626) 568-2863 S e n l e . G u e r r e r o @ f c e s c r e w . c o m

Property Located:
1106 W M a t u r e t a n t a St Les Angeies, C A 90744

T h i r d Party Deposit

] handy o uh e r e w i t h t h e s u m o f $10,000.00 which y o u a r e todepositt o t h e above property addressa n d / o r numbered

escrow and use for the account ofa n d subject to the instruction o f Buyer(s), K E N A Capital, L L C , w h o is/are
purchaser(s) i n s a i d escrow,i f s a i d escrow i s consummated.

In the event that this escrow is not consummated, it is understood that all funds deposited in this escrow including
the above-mentioned funds, LESS any costs and charges incurred, shall be disbursed O N L Y in accordance with
M u t u a l l y signed disburscrnent/cancellation instructions o f the B u y e r and Seller herein.

Deposit F r o m :

A+ Property Management,

Investment & Development Services LLC.

By: Rolando Limon

The undersigned B U Y E R ( S ) acknowledge(s) receipt o f a copy o f this instruction, and agree to same.

K E N A Capital, L L C :

By: Jesus Y i n h

a ]
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EXHIBIT A

K E N A Capital, L L C I N V O I C E

I N V O I C E #412}
D A T E : N O V E M B E R 19, 2022
NOTES:
To: .

A + Property Management, Assignment Fee for property:

Investment & Development Services L L C 1106 W M a t u r e t a n i a St Los Angeles, C A 90744

C o m m e n t s o r special i n s t r u c t i o n s :

Please wire assignment fee to: K E N A Capital, L L C

QUANTITY DESCRIPTION

A P N # 7415003007

_ Assignment Fee: 1106 W Maturetania St Les Angeles, CA 90744

SUBTOTAL

SALES T A X

SHIPPING & H A N D L I N G

TOTAL DUE

I a u t h o r i z e t h i s A s s i g n m e n t Fee i n v o i c e o f $ 1 5 , 0 0 0 . 0 0 t o K E N A C a p i t a l , L L C

A +P r o p e r t y ( a f

Investment & Development Services L L C

B y : Rolando L i m o n
O O O O ?
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EXHIBIT A

JULIAN DOMINGO
I N V O I C E

INVOICE #4122
DATE: NOVEMBER 19, 2022
NOTES:
To:
Assignment Fee for property:
A + Property Management,
Investment & Development Services L L C 1106 W M a t u r e t a n i a St Los Angeles, C A 90744

C o m m e n t s o r special i n s t r u c t i o n s :

Please w i r e assignment fee to: Julian D o m i n g o

QUANTITY DESCRIPTION | FEE | TOTAL

A s s i g n m e n t Fee: 1106 W M a t u r e t a n i a St Los Angeles, C A 90744
A P N # 7415003007

SUBTOTAL $10,000.00

SALES T A X

SHIPPING & H A N D L I N G

T O T A L DUE

I authorize this Assignment Fee invoice o f $10,000.00 to Julian Domingo

petty Management,
Investment & Development Services L L C
B y : Rolando L i m o n

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