Common use of Form of Notation of Guarantee Clause in Contracts

Form of Notation of Guarantee. For value received, the Guarantor (which term includes any successor Person under the Indenture hereinafter referred to) has unconditionally guaranteed to the extent set forth in, and subject to the provisions of, an indenture dated as of June 20, 2016 (the “Base Indenture”), as amended by the Third Supplemental Indenture, dated as of June 3, 2019 (the “Third Supplemental Indenture” and, together with the Base Indenture, and as the Base Indenture and the Third Supplemental Indenture may be further amended and supplemented from time to time, the “Indenture”) among Life Storage LP (the “Issuer”), the Guarantor named therein and Xxxxx Fargo Bank, National Association, as trustee (the “Trustee”), providing for the issuance of 4.000% Senior Notes due 2029, the due and punctual payment of the principal of and interest on the Notes to which this notation is affixed and all other amounts due and payable under the Indenture and the Notes to which this notation is affixed by the Issuer. The obligations of such Guarantor to the Holders of Notes to which this notation is affixed and to the Trustee pursuant to the Guarantee and the Indenture are expressly set forth in Article Fourteen of the Base Indenture and reference is hereby made to the Indenture for the precise terms of the Guarantee. LIFE STORAGE, INC. By: Name: Title: Assignment Form To assign this Note, fill in the form below: (I) or (we) assign and transfer this Note to: (Insert assignee’s legal name) (Insert assignee’s Soc. Sec. or Tax I.D. No.) (Print or type assignee’s name, address and zip code) and irrevocably appoint to transfer this Note on the books of the Issuer. The agent may substitute another to act for him. Date:

Form of Notation of Guarantee. For value received, the Guarantor (which term includes any successor Person under the Indenture hereinafter referred to) has unconditionally guaranteed to the extent set forth in, and subject to the provisions of, an indenture dated as of June 20, 2016 (the “Base Indenture”), as amended by the Third Fourth Supplemental Indenture, dated as of June 3September 23, 2019 2020 (the “Third Fourth Supplemental Indenture” and, together with the Base Indenture, and as the Base Indenture and the Third Fourth Supplemental Indenture may be further amended and supplemented from time to time, the “Indenture”) among Life Storage LP (the “Issuer”), the Guarantor named therein and Xxxxx Fargo Bank, National Association, as trustee (the “Trustee”), providing for the issuance of 4.0002.200% Senior Notes due 20292030, the due and punctual payment of the principal of and interest on the Notes to which this notation is affixed and all other amounts due and payable under the Indenture and the Notes to which this notation is affixed by the Issuer. The obligations of such Guarantor to the Holders of Notes to which this notation is affixed and to the Trustee pursuant to the Guarantee and the Indenture are expressly set forth in Article Fourteen of the Base Indenture and reference is hereby made to the Indenture for the precise terms of the Guarantee. LIFE STORAGE, INC. By: Name: Title: Assignment Form To assign this Note, fill in the form below: (I) or (we) assign and transfer this Note to: (Insert assignee’s legal name) (Insert assignee’s Soc. Sec. or Tax I.D. No.) (Print or type assignee’s name, address and zip code) and irrevocably appoint to transfer this Note on the books of the Issuer. The agent may substitute another to act for him. Date:

Form of Notation of Guarantee. For value received, the Guarantor (which term includes any successor Person under the Indenture hereinafter referred to) has unconditionally guaranteed to the extent set forth in, and subject to the provisions of, an indenture dated as of June 20, 2016 (the “Base Indenture”), as amended by the Third First Supplemental Indenture, dated as of June 320, 2019 2016 (the “Third First Supplemental Indenture” and, together with the Base Indenture, and as the Base Indenture and the Third First Supplemental Indenture may be further amended and supplemented from time to time, the “Indenture”) among Life Storage LP Sovran Acquisition Limited Partnership (the “Issuer”), the Guarantor named therein and Xxxxx Fargo Bank, National Association, as trustee (the “Trustee”), providing for the issuance of 4.0003.500% Senior Notes due 20292026, the due and punctual payment of the principal of and interest on the Notes to which this notation is affixed and all other amounts due and payable under the Indenture and the Notes to which this notation is affixed by the Issuer. The obligations of such Guarantor to the Holders of Notes to which this notation is affixed and to the Trustee pursuant to the Guarantee and the Indenture are expressly set forth in Article Fourteen of the Base Indenture and reference is hereby made to the Indenture for the precise terms of the Guarantee. LIFE STORAGE, SOVRAN SELF STORAGE INC. By: Name: Title: Assignment Form To assign this Note, fill in the form below: (I) or (we) assign and transfer this Note to: (Insert assignee’s legal name) (Insert assignee’s Soc. Sec. or Tax I.D. No.) (Print or type assignee’s name, address and zip code) and irrevocably appoint to transfer this Note on the books of the Issuer. The agent may substitute another to act for him. Date:

Form of Notation of Guarantee. For value received, the Guarantor (which term includes any successor Person under the Indenture hereinafter referred to) has unconditionally guaranteed to the extent set forth in, and subject to the provisions of, an indenture dated as of June 20, 2016 (the “Base Indenture”), as amended by the Third Fifth Supplemental Indenture, dated as of June 3October 7, 2019 2021 (the “Third Fifth Supplemental Indenture” and, together with the Base Indenture, and as the Base Indenture and the Third Fifth Supplemental Indenture may be further amended and supplemented from time to time, the “Indenture”) among Life Storage LP (the “Issuer”), the Guarantor named therein and Xxxxx Fargo Bank, National Association, as trustee (the “Trustee”), providing for the issuance of 4.0002.400% Senior Notes due 20292031, the due and punctual payment of the principal of and interest on the Notes to which this notation is affixed and all other amounts due and payable under the Indenture and the Notes to which this notation is affixed by the Issuer. The obligations of such Guarantor to the Holders of Notes to which this notation is affixed and to the Trustee pursuant to the Guarantee and the Indenture are expressly set forth in Article Fourteen of the Base Indenture and reference is hereby made to the Indenture for the precise terms of the Guarantee. LIFE STORAGE, INC. By: Name: Title: Assignment Form To assign this Note, fill in the form below: (I) or (we) assign and transfer this Note to: (Insert assignee’s legal name) (Insert assignee’s Soc. Sec. or Tax I.D. No.) (Print or type assignee’s name, address and zip code) and irrevocably appoint to transfer this Note on the books of the Issuer. The agent may substitute another to act for him. Date:

Form of Notation of Guarantee. For value received, the undersigned Guarantor (which term includes any successor Person under the Indenture hereinafter referred to) has unconditionally guaranteed to the extent set forth in, and subject to the provisions of, an indenture dated as of June 20September 16, 2016 2011 (the ““ Base Indenture”), as amended by the Third Seventh Supplemental Indenture, dated as of June 3October 11, 2019 (the “Third Seventh Supplemental Indenture” and, together with the Base Indenture, and as the Base Indenture and the Third Seventh Supplemental Indenture may be further amended and supplemented from time to time, the “Indenture”) among Life Storage LP CubeSmart, L.P. (the “Issuer”), the Parent Guarantor named therein and Xxxxx Fargo Bank, U.S. Bank National Association, as trustee (the “TrusteeTrustee ”), providing for the issuance of 4.0003.000% Senior Notes due 20292030, the due and punctual payment of the principal of and interest on the Notes to which this notation is affixed and all other amounts due and payable under the Indenture and the Notes to which this notation is affixed by the Issuer. The obligations of such Guarantor to the Holders of Notes to which this notation is affixed and to the Trustee pursuant to the Guarantee and the Indenture are expressly set forth in Article Fourteen of the Base Indenture and reference is hereby made to the Indenture for the precise terms of the Guarantee. LIFE STORAGE, INC. CUBESMART By: Name: Title: Assignment Form To assign this Note, fill in the form below: (I) or (we) assign and transfer this Note to: (Insert assignee’s legal name) (Insert assignee’s Soc. Sec. or Tax I.D. No.) (Print or type assignee’s name, address and zip code) and irrevocably appoint to transfer this Note on the books of the Issuer. The agent may substitute another to act for him. Date:

Form of Notation of Guarantee. For value received, the undersigned Guarantor (which term includes any successor Person under the Indenture hereinafter referred to) has unconditionally guaranteed to the extent set forth in, and subject to the provisions of, an indenture dated as of June 20September 16, 2016 2011 (the “Base Indenture”), as amended by the Third Ninth Supplemental Indenture, dated as of June 3November 30, 2019 2021 (the “Third Ninth Supplemental Indenture” and, together with the Base Indenture, and as the Base Indenture and the Third Ninth Supplemental Indenture may be further amended and supplemented from time to time, the “Indenture”) among Life Storage LP CubeSmart, L.P. (the “Issuer”), the Parent Guarantor named therein and Xxxxx Fargo Bank, U.S. Bank National Association, as trustee (the “Trustee”), providing for the issuance of 4.000% Senior the 2028 Notes due 2029and 2032 Notes described therein, the due and punctual payment of the principal of and interest on the Notes to which this notation is affixed and all other amounts due and payable under the Indenture and the Notes to which this notation is affixed by the Issuer. The obligations of such Guarantor to the Holders of Notes to which this notation is affixed and to the Trustee pursuant to the Guarantee and the Indenture are expressly set forth in Article Fourteen of the Base Indenture and reference is hereby made to the Indenture for the precise terms of the Guarantee. LIFE STORAGE, INC. CUBESMART By: Name: Title: Assignment Form To assign this Note, fill in the form below: (I) or (we) assign and transfer this Note to: (Insert assignee’s legal name) (Insert assignee’s Soc. Sec. or Tax I.D. No.) (Print or type assignee’s name, address and zip code) and irrevocably appoint to transfer this Note on the books of the Issuer. The agent may substitute another to act for him. Date:

Form of Notation of Guarantee. For value received, the undersigned Guarantor (which term includes any successor Person under the Indenture hereinafter referred to) has unconditionally guaranteed to the extent set forth in, and subject to the provisions of, an indenture dated as of June 20September 16, 2016 2011 (the ““ Base Indenture”), as amended by the Third Sixth Supplemental Indenture, dated as of June 3January 30, 2019 (the “Third Sixth Supplemental Indenture” and, together with the Base Indenture, and as the Base Indenture and the Third Sixth Supplemental Indenture may be further amended and supplemented from time to time, the “Indenture”) among Life Storage LP CubeSmart, L.P. (the “Issuer”), the Parent Guarantor named therein and Xxxxx Fargo Bank, U.S. Bank National Association, as trustee (the “Trustee”Trustee “), providing for the issuance of 4.0004.375% Senior Notes due 2029, the due and punctual payment of the principal of and interest on the Notes to which this notation is affixed and all other amounts due and payable under the Indenture and the Notes to which this notation is affixed by the Issuer. The obligations of such Guarantor to the Holders of Notes to which this notation is affixed and to the Trustee pursuant to the Guarantee and the Indenture are expressly set forth in Article Fourteen of the Base Indenture and reference is hereby made to the Indenture for the precise terms of the Guarantee. LIFE STORAGE, INC. CUBESMART By: Name: Title: Assignment Form To assign this Note, fill in the form below: (I) or (we) assign and transfer this Note to: (Insert assignee’s legal name) (Insert assignee’s Soc. Sec. or Tax I.D. No.) (Print or type assignee’s name, address and zip code) and irrevocably appoint to transfer this Note on the books of the Issuer. The agent may substitute another to act for him. Date:

Form of Notation of Guarantee. For value received, the undersigned Guarantor (which term includes any successor Person under the Indenture hereinafter referred to) has unconditionally guaranteed to the extent set forth in, and subject to the provisions of, an indenture dated as of June 20September 16, 2016 2011 (the “Base Indenture”), as amended by the Third Eighth Supplemental Indenture, dated as of June 3October 6, 2019 2020 (the “Third Eighth Supplemental Indenture” and, together with the Base Indenture, and as the Base Indenture and the Third Eighth Supplemental Indenture may be further amended and supplemented from time to time, the “Indenture”) among Life Storage LP CubeSmart, L.P. (the “Issuer”), the Parent Guarantor named therein and Xxxxx Fargo Bank, U.S. Bank National Association, as trustee (the “TrusteeTrustee ”), providing for the issuance of 4.0002.000% Senior Notes due 20292031, the due and punctual payment of the principal of and interest on the Notes to which this notation is affixed and all other amounts due and payable under the Indenture and the Notes to which this notation is affixed by the Issuer. The obligations of such Guarantor to the Holders of Notes to which this notation is affixed and to the Trustee pursuant to the Guarantee and the Indenture are expressly set forth in Article Fourteen of the Base Indenture and reference is hereby made to the Indenture for the precise terms of the Guarantee. LIFE STORAGE, INC. CUBESMART By: Name: Title: Assignment Form To assign this Note, fill in the form below: (I) or (we) assign and transfer this Note to: (Insert assignee’s legal name) (Insert assignee’s Soc. Sec. or Tax I.D. No.) (Print or type assignee’s name, address and zip code) and irrevocably appoint to transfer this Note on the books of the Issuer. The agent may substitute another to act for him. Date: