for root
http://forum.xda-developers.com/show....php?t=2522346

for recovery
http://forum.xda-developers.com/show....php?t=2522965

or you can use either Flashify or Freegee app to get custom recovery

as for wipe procedure, as long as you dont wipe internal storage, u'll be safe

happy rooting and flashing mate


ps: dont forget to do a nandroid backup once u root it.. saved me a couple of times already

Evolution of my Android:-
Sammy SII < Note N7K < Note II < SIV < Note N9K5 < LG D802

Current ROM:-
AICP - 5.0 - KK 4.4.2_r2