Blue Ridge Real Estate Co Sample Contracts

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BACKGROUND
Stock Option Agreement • January 5th, 2005 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation • Pennsylvania
LEASE AGREEMENT
Lease Modification Agreement • January 5th, 2005 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation • Virginia
FIXED RATE NOTE
Blue Ridge Real Estate Co • February 11th, 2005 • Services-miscellaneous amusement & recreation

FOR VALUE RECEIVED, COURSEY COMMONS SHOPPING CENTER LLC, a Louisiana limited liability company, (hereinafter referred to as “Borrower”), promises to pay to the order of JPMORGAN CHASE BANK, a New York banking corporation, its successors and assigns (hereinafter referred to as “Lender”), at the office of Lender or its agent, designee, or assignee at 270 Park Avenue, New York, New York 10017, Attention: Loan Servicing, or at such place as Lender or its agent, designee, or assignee may from time to time designate in writing, the principal sum of SEVEN MILLION SEVEN HUNDRED THOUSAND AND NO/100 DOLLARS ($7,700,000.00), in lawful money of the United States of America, with interest thereon to be computed on the unpaid principal balance from time to time outstanding at the Applicable Interest Rate (hereinafter defined) at all times prior to the occurrence of an Event of Default (as defined in the Security Instrument [hereinafter defined]), and to be paid in installments as set forth below. Un

BLUE RIDGE REAL ESTATE COMPANY BIG BOULDER CORPORATION STOCK OPTION AGREEMENT
Stock Option Agreement • February 13th, 2004 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation • Pennsylvania

Richard T. Frey (the “Optionee”) has been granted an option (the “Option”) as of December 2, 2002 to purchase 3,000 shares of Common Stock of Blue Ridge Real Estate Company and Big Boulder Corporation (collectively the “Companies”). The Option shall be subject to the following terms and conditions:

AGREEMENT OF SALE BIG BOULDER CORPORATION AND JFBB SKI AREAS, INC.
Agreement of Sale • November 4th, 2011 • Blue Ridge Real Estate Co • Real estate • Pennsylvania

THIS AGREEMENT OF SALE (“Agreement”) is made as of the 31st day of October, 2011 (the “Execution Date”), by and among BIG BOULDER CORPORATION, a Pennsylvania corporation (“Seller”), and JFBB SKI AREAS, INC., a Missouri corporation (“Buyer”).

BLUE RIDGE REAL ESTATE COMPANY BIG BOULDER CORPORATION NONQUALIFIED STOCK OPTION GRANT AGREEMENT
Nonqualified Stock Option Grant Agreement • June 14th, 2007 • Blue Ridge Real Estate Co • Real estate • Pennsylvania

This NONQUALIFIED STOCK OPTION GRANT AGREEMENT (this “Agreement”), dated as of March 20, 2007 (the “Date of Grant”), is delivered by Blue Ridge Real Estate Company (“Blue Ridge”) and Big Boulder Corporation (“Big Boulder”) to ___________________ (the “Optionee”). Blue Ridge and Big Boulder are referred to herein individually as a “Company” and collectively as the “Companies.”

MORTGAGE AND SECURITY AGREEMENT
Mortgage and Security Agreement • December 20th, 2006 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation

THIS MORTGAGE AND SECURITY AGREEMENT ("Mortgage") is made and executed as of December 15, 2006, by Blue Ridge Real Estate Company, a Pennsylvania corporation, whose mailing address is Rt. 940 & Moseywood Road, P.O. Box 707, Blakeslee, PA 18610-0707 ("Mortgagor") to, in favor of and for the benefit of STATE FARM BANK, F.S.B., a Federal Savings Bank, whose mailing address is One State Farm Plaza, Bloomington, Illinois 61710 ("State Farm"), and pertains to the real estate ("Real Estate") described on Exhibit A attached hereto and made a part hereof.

MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF LEASES AND RENTS AND FIXTURE FILING STATEMENT
Mortgage, Security Agreement • September 3rd, 2009 • Blue Ridge Real Estate Co • Real estate

This Mortgage is also a Security Agreement and financing statement under the Uniform Commercial Code of the State of New Jersey and in compliance therewith the following information is set forth:

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • October 3rd, 2011 • Blue Ridge Real Estate Co • Real estate • Texas

THIS PURCHASE AND SALE AGREEMENT (herein referred to as the "Agreement") is dated for reference purposes as of October 1, 2011, and is made and entered into by and between BLUE RIDGE REAL ESTATE COMPANY, a Pennsylvania corporation, (hereinafter referred to as "Seller") and PHYLLIS ENFIELD TRUST, or its assigns, (hereinafter collectively referred to as "Purchaser")

AGREEMENT OF SALE Phase 2 -2,797 acres, Lackawanna, Luzerne, and Monroe Counties, PA
Agreement of Sale • March 13th, 2009 • Blue Ridge Real Estate Co • Real estate

THIS AGREEMENT OF SALE (the "Agreement"), is made this 11th day of March 2009, by and between BLUE RIDGE REAL ESTATE COMPANY, a corporation duly organized under the laws of the Commonwealth of Pennsylvania, having an address of P.O. Box 707, Blakeslee, PA 18640 (the "Seller"), and THE CONSERVATION FUND, A Non-Profit Corporation organized under the laws of the State of Maryland, having an address of 1655 North Fort Myer Drive, Suite 1300, Arlington, Virginia 22209 (the "Purchaser").

LEASE
Lease • December 7th, 2005 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation • Pennsylvania

THIS LEASE ("Lease") is made and entered into as of this 1st day of December, 2005 (the "Effective Date") by and between BLUE RIDGE REAL ESTATE COMPANY, (herein referred to as "Landlord") and JFBB SKI AREAS, INC., a Missouri corporation, (herein referred to as "Tenant"),

AUGUST 2010 ALLONGE TO AMENDED AND RESTATED CONSTRUCTION AND SITE DEVELOPMENT LINE OF CREDIT MORTGAGE NOTE
Construction And • August 26th, 2010 • Blue Ridge Real Estate Co • Real estate

Big Boulder Corporation, Blue Ridge Real Estate Company, BBC Holdings, Inc., BRRE Holdings, Inc., Northeast Land Company, Lake Mountain Company, Jack Frost Mountain Company, Boulder Creek Resort Company, Moseywood Construction Company, individually and doing business as Stoney Run Realty Company and Stoney Run Builders Company, and Jack Frost National Golf Course, Inc. jointly, severally and collectively the "Borrowers")

PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS
Purchase Agreement and Escrow Instructions • August 3rd, 2006 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation

THIS PURCHASE AGREEMENT AND ESCROW INSTRUCTIONS ("Agreement") is made by and between BLUE RIDGE REAL ESTATE COMPANY, a Pennsylvania corporation, or its assigns pursuant to Section 13 hereof ("Buyer") and NET LEASE DEVELOPMENT LLC, a Delaware limited liability company ("Seller"), as of July 28, 2006 (the "Acceptance Date").

AGREEMENT AND PLAN OF MERGER OF BIG BOULDER CORPORATION (a Pennsylvania corporation) WITH AND INTO BLUE RIDGE REAL ESTATE COMPANY (a Pennsylvania corporation)
Agreement and Plan of Merger • August 30th, 2013 • Blue Ridge Real Estate Co • Real estate

This AGREEMENT AND PLAN OF MERGER (the “Plan of Merger”) is dated as of August 29, 2013 by and between Big Boulder Corporation, a Pennsylvania corporation (“BBC”), and Blue Ridge Real Estate Company, a Pennsylvania corporation (“Blue Ridge”).

FIFTH LOAN MODIFICATION AGREEMENT
Fifth Loan Modification Agreement • October 22nd, 2009 • Blue Ridge Real Estate Co • Real estate • Pennsylvania

This Fifth Loan Modification Agreement (the "Agreement"), is executed this 19th day of October, 2009, by and between Big Boulder Corporation, Blue Ridge Real Estate Company, BBC Holdings, Inc., BRRE Holdings, Inc., Northeast Land Company, Lake Mountain Company, Jack Frost Mountain Company, Boulder Creek Resort Company, Moseywood Construction Company, individually and doing business as Stoney Run Realty Company and Stoney Run Builders Company, and Jack Frost National Golf Course, Inc. (jointly, severally and collectively the "Borrowers"); and Manufacturers and Traders Trust Company (the "Bank").

THIRD AMENDMENT TO PHASE 3 AGREEMENT OF SALE
Phase 3 Agreement of Sale • September 7th, 2012 • Blue Ridge Real Estate Co • Real estate

THIS THIRD AMENDMENT TO PHASE 3 AGREEMENT OF SALE (this "Amendment") is entered into this 6th day of September 2012, by and between BLUE RIDGE REAL ESTATE COMPANY, a corporation duly organized under the laws of the Commonwealth of Pennsylvania (the "Seller"), and THE CONSERVATION FUND, a Non-Profit Corporation organized and existing under the laws of the State of Maryland (the "Purchaser").

STATE FARM BANK One State Farm Plaza Bloomington, IL 61710-0001 December 23, 2008
Blue Ridge Real Estate Co • January 5th, 2009 • Real estate

Blue Ridge Real Estate Company ("Borrower")/Extension of State Farm Bank, Loan No. SFB0096, 915 Wildwood Road, White Bear Lake, MN 55110 ("Secured Property")

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LOAN AGREEMENT
Loan Agreement • April 25th, 2006 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation • Pennsylvania

This Loan Agreement (the “Agreement”) is made this 20th day of April, 2006, by and among, Manufacturers and Traders Trust Company (hereinafter the “Bank”), Big Boulder Corporation, Blue Ridge Real Estate Company, BBC Holdings, Inc., BRRE Holdings, Inc., Northeast Land Co., Lake Mountain Company, Jack Frost Mountain Company, Boulder Creek Resort Company and Moseywood Construction Co., individually and doing business as Stoney Run Realty Company and Stoney Run Builders Company (jointly, severally and collectively, the “Borrowers”), as follows:

Manufacturers and Traders Trust Company
Blue Ridge Real Estate Co • February 11th, 2005 • Services-miscellaneous amusement & recreation

BORROWER: BLUE RIDGE REAL ESTATE COMPANY, a Pennsylvania corporation; BBC HOLDINGS, INC., a Delaware corporation; BRRE HOLDINGS, INC., a Delaware corporation; BIG BOULDER CORPORATION, a Pennsylvania corporation; NORTHEAST LAND CO., a Pennsylvania corporation; LAKE MOUNTAIN COMPANY, a Pennsylvania corporation, JACK FROST MOUNTAIN COMPANY, a Pennsylvania corporation, BOULDER CREEK RESORT COMPANY, a Pennsylvania corporation, OXBRIDGE SQUARE SHOPPING CENTER, LLC, a Virginia limited liability company, COURSEY COMMONS SHOPPING CENTER, LLC; a Louisiana limited liability company, COURSEY CREEK, LLC, a Louisiana limited liability company and COBBLE CREEK, LLC, a Louisiana limited liability company, jointly and severally, each having an Address of residence/chief executive office: Route 940 and Moseywood Road, P.O. Box 707, Blakeslee, Pennsylvania 18610-0707.

M&T Bank Manufacturers and Traders Trust Company
Blue Ridge Real Estate Co • March 7th, 2006 • Services-miscellaneous amusement & recreation • Pennsylvania

BORROWER: BLUE RIDGE REAL ESTATE COMPANY, a Pennsylvania corporation; BBC HOLDINGS, INC., a Delaware corporation; BRRE HOLDINGS, INC., a Delaware corporation; BIG BOULDER CORPORATION, a Pennsylvania corporation; NORTHEAST LAND CO., a Pennsylvania corporation; LAKE MOUNTAIN COMPANY, a Pennsylvania corporation AND JACK FROST MOUNTAIN COMPANY, a Pennsylvania corporation, jointly and severally, each having an

BACKSTOP AGREEMENT
Backstop Agreement • March 25th, 2013 • Blue Ridge Real Estate Co • Real estate

THIS BACKSTOP AGREEMENT (the "Agreement") made this 21st day of March, 2013 between Blue Ridge Real Estate Company, a Pennsylvania corporation ("Seller"), having a business address at Route 940 and Moseywood Road, P.O. Box 707, Blakeslee, PA 18610, and PPL Electric Utilities Corporation, a Pennsylvania corporation ("Buyer"), having an address at 2 N. 9th Street, Allentown, PA 18101.

SECOND LOAN MODIFICATION AGREEMENT
Second Loan Modification Agreement • June 21st, 2007 • Blue Ridge Real Estate Co • Real estate • Pennsylvania

This Second Loan Modification Agreement (the "Agreement"), is executed this 15th day of June, 2007, by and between Big Boulder Corporation, Blue Ridge Real Estate Company, BBC Holdings, Inc., BRRE Holdings, Inc., Northeast Land Company, Lake Mountain Company, Jack Frost Mountain Company, Boulder Creek Resort Company, Moseywood Construction Company, individually and doing business as Stoney Run Realty Company and Stoney Run Builders Company, and Jack Frost National Golf Course, Inc., (jointly and severally the "Borrowers"); and Manufacturers and Traders Trust Company (the "Bank").

APRIL 2010 ALLONGE TO AMENDED AND RESTATED CONSTRUCTION AND SITE DEVELOPMENT LINE OF CREDIT MORTGAGE NOTE
Blue Ridge Real Estate Co • April 9th, 2010 • Real estate

Holdings, Inc., Northeast Land Company, Lake Mountain Company, Jack Frost Mountain Company, Boulder Creek Resort Company, Moseywood Construction Company, individually and doing business as Stoney Run Realty Company and Stoney Run Builders Company, and Jack Frost National Golf Course, Inc. (jointly, severally and collectively the "Borrowers")

EMPLOYMENT AGREEMENT
Employment Agreement • February 14th, 2012 • Blue Ridge Real Estate Co • Real estate • Pennsylvania

EMPLOYMENT AGREEMENT, dated as of January 1, 2012 (the “Effective Date”), between Bruce Beaty (“Executive”), an individual residing at 40 Patterson Avenue, Greenwich, CT 06830 and Blue Ridge Real Estate Company and Big Boulder Corporation of P. O. Box 707, Blakeslee, Pennsylvania 18610 (the “Company”).

EMPLOYMENT AGREEMENT
Employment Agreement • December 11th, 2013 • Blue Ridge Real Estate Co • Real estate • Pennsylvania

EMPLOYMENT AGREEMENT, dated as of January 1, 2014 (the “Effective Date”), between Bruce Beaty (“Executive”), an individual residing at 40 Patterson Avenue, Greenwich, CT 06830 and Blue Ridge Real Estate Company of P. O. Box 707, Blakeslee, Pennsylvania 18610 (the “Company”).

PURCHASE AGREEMENT
Purchase Agreement • September 12th, 2006 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation

THIS PURCHASE AGREEMENT ("Agreement") is made, as of September 6, 2006 by and between Blue Ridge Real Estate Company, a Pennsylvania corporation, and/or its assignee ("Buyer"), whose address is 280 Park Avenue, 11th Floor West, North Office, New York, New York 10017, and Jack in the Box Eastern Division L.P., a Texas limited partnership ("Seller"), whose address is 9330 Balboa Avenue, San Diego, CA 92123*1516 (Attention: Real Estate/Legal Department).

M&T Bank
Blue Ridge Real Estate Co • February 11th, 2005 • Services-miscellaneous amusement & recreation
LAND PURCHASE CONTRACT
Land Purchase Option • March 25th, 2013 • Blue Ridge Real Estate Co • Real estate
ASSUMPTION AND RELEASE AGREEMENT
Assumption and Release Agreement • February 11th, 2005 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation

THIS DEED OF TRUST AND SECURITY AGREEMENT (the "Security Instrument"} is made as of the 2d day of June, 1998, by OXBRIDGE SQUARE LIMITED PARTNERSHIP, a Virginia limited partnership, having its principal place of business at 7113 Staples Mill Road, P.O. Box 9462, Richmond, Virginia a 23228, as grantor ("Borrower') to David A. Howard, having an office at 4701 Cox Road Suite 108 Glen Allen, VA 23060, as trustee ("Trustee") for the benefit of LAUREATE REALTY SERVICES, INC., a South Carolina corporation, having an address at 227 West Trade Street, Suite 400, Charlotte, North Carolina 28202, Attn: LeAnn Beam, as grantee ("Lender'), AETNA LIFE INSURANCE COMPANY (Ground Lessor)

RECITALS
Nonqualified Stock Option Grant Agreement • March 28th, 2005 • Blue Ridge Real Estate Co • Services-miscellaneous amusement & recreation • Pennsylvania
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