Notice of Forfeiture of a Real Estate Contract

Notice of Forfeiture of a Real Estate Contract TO: JATHER VALLE, REAL ESTATE HOME RENTALS J&K LLC 231 NE 62ND STREET ANKENY, IA 50021, AUDRA SYPOLT, CJT, HOMES, LLC, 4631 TIMBERLINE DRIVE WEST DES MOINES, IA 50265, PARTIES IN POSSESSION 1436 21ST STREET DES MOINES, IA 50311 You and each of you are hereby notified: 1)The written contract dated October 17, 2025 and filed October 17, 2025 as Book 20308,Page 968 in the records of the POLK County Recorder's Office, and executed by CJT Homes,LLC, as Seller, and Real Estate Home Rentals J&K, LLC, as Buyer(s) ("the Real EstateContract") for the sale of following legally described real estate:Lot 5 (except the South 2 feet thereof) in the Official Plat of Lot 46 of the Official Plat of Section 33, Township 79, Range 24, West of the 5th P.M., now included in and forming a part of the City of Des Moines, Polk County, Iowa locally known as 1436 21ST STREET, DES MOINES, IA 50311 (the "Property"), with the Seller's interest presently held by Contract Exchange Corporation and the Buyer's interest presently held by Real Estate Home Rentals J&K, LLC, has not been complied with in the following particulars: Unpaid Installments (6 x $1,581.43 beginning with the payment due on 12/01/2025) $9,488.58 Late Charges owing for above or unpaid $474.42 Unpaid Charges for funds advanced by Seller $317.15 Cost of Service and Clerical preparation $150.00 Less amounts held in Buyer's Reserve $0.00 TOTAL: $10,430.15 2)The Real Estate Contract shall stand forfeited unless the parties in default, within 30 days afterthe completed service of this notice, shall perform the terms and conditions in default, and inaddition pay the reasonable costs of serving this notice. 3)The amount of attorney fees claimed by the Seller pursuant to Section 656.7 of the Code of Iowais $0.00 (not to exceed $50.00). Payment of the attorney fees is not required to comply with thisnotice in order to prevent forfeiture. Contract Exchange Corporation By:_____________________________ Nancy Malloy Contract Exchange Corporation Vice President of Operations Phone: 319-363-8827, Fax: 319-363-3918, nancy@contractexchange.net Agent for the Seller July 24, 31, August 7 2026 LIOW0561640