Common use of Reinstatement in Certain Circumstances Clause in Contracts

Reinstatement in Certain Circumstances. If at any time any payment of the principal or interest under the Note or any other amount payable by Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of Borrower or otherwise, Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time. GUARANTY AGREEMENT (CARVEOUT) – Page 20 667146; Miami-Dade County, Florida EXECUTED, effective as of the date first written above. GUARANTOR: XXXXX FINANCIAL GROUP, INC., a California corporation ________________________________ By: Xxxxxxx X. Xxxxx Title: President XXXXX REALTY MORTGAGE, INC., a Maryland corporation __________________________________ By: Xxxxxxx X. Xxxxx Title: President STATE OF ______________ § § COUNTY OF ____________ § This instrument was ACKNOWLEDGED before me this ____ day of __________, 2014, by Xxxxxxx X. Xxxxx, as President of Xxxxx Realty Mortgage, Inc., a Maryland corporation, on behalf of the corporation. He is personally known to me or has produced ____________________ as identification. [S E A L] ______________________________ Notary Public - State of __________ My Commission Expires: _______________________ ____________________________ Printed Name of Notary Public STATE OF ______________ § § COUNTY OF ____________ § This instrument was ACKNOWLEDGED before me this ____ day of __________, 2014, by Xxxxxxx X. Xxxxx, as President of Xxxxx Financial Group, Inc., a California corporation, on behalf of the corporation. He is personally known to me or has produced ____________________ as identification. [S E A L] ______________________________ Notary Public - State of __________ My Commission Expires: _______________________ ____________________________ Printed Name of Notary Public GUARANTY (CARVEOUT) – Signature Page

Reinstatement in Certain Circumstances. If at any time any payment of the principal or interest under the Note or any other amount payable by Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of Borrower or otherwise, Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time. GUARANTY AGREEMENT (CARVEOUT) – Page 20 667146641938; Miami-Dade County, Florida EXECUTED, effective as of the date first written above. GUARANTOR: XXXXX FINANCIAL GROUPREALTY MORTGAGE, INC., a California Maryland corporation ________________________________ By: Xxxxxxx X. Xxxxx Title: President XXXXX REALTY MORTGAGEFINANCIAL GROUP, INC., a Maryland California corporation __________________________________ By: Xxxxxxx X. Xxxxx Title: President STATE OF ______________ § § COUNTY OF ____________ § This instrument was ACKNOWLEDGED before me this ____ day of __________, 2014, by Xxxxxxx X. Xxxxx, as President of Xxxxx Realty Mortgage, Inc., a Maryland corporation, on behalf of the corporation. He is personally known to me or has produced ____________________ as identification. [S E A L] ________________________________ Notary Public - State of ______________ _____________ My Commission Expires: ________________________________ ____________________________ Printed Name of Notary Public GUARANTY (CARVEOUT) – Signature Page STATE OF ______________ § § COUNTY OF ____________ § This instrument was ACKNOWLEDGED before me this ____ day of __________, 2014, by Xxxxxxx X. Xxxxx, as President of Xxxxx Financial Group, Inc., a California corporation, on behalf of the corporation. He is personally known to me or has produced ____________________ as identification. [S E A L] ________________________________ Notary Public - State of ______________ _____________ My Commission Expires: ________________________________ ____________________________ Printed Name of Notary Public GUARANTY (CARVEOUT) – Signature Page

Reinstatement in Certain Circumstances. If at any time any payment of the principal or interest under the Note or any other amount payable by Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of Borrower or otherwise, Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time. GUARANTY AGREEMENT (CARVEOUTREPAYMENT) – Page 20 66714617 667163; Miami-Dade County, Florida EXECUTED, effective as of the date first written above. GUARANTOR: XXXXX FINANCIAL GROUP, INC., a California corporation ________________________________ By: Xxxxxxx X. Xxxxx Title: President XXXXX REALTY MORTGAGE, INC., a Maryland corporation __________________________________ By: Xxxxxxx X. Xxxxx Title: President STATE OF ______________ § § COUNTY OF ____________ § This instrument was ACKNOWLEDGED before me this ____ day of __________, 2014, by Xxxxxxx X. Xxxxx, as President of Xxxxx Realty Mortgage, Inc., a Maryland corporation, on behalf of the corporation. He is personally known to me or has produced ____________________ as identification. [S E A L] ________________________________ Notary Public - State of ______________ My Commission Expires: _______________________ ________________________________ Printed Name of Notary Public STATE OF ______________ § § COUNTY OF ____________ § This instrument was ACKNOWLEDGED before me this ____ day of __________, 2014, by Xxxxxxx X. Xxxxx, as President of Xxxxx Financial Group, Inc., a California corporation, on behalf of the corporation. He is personally known to me or has produced ____________________ as identification. [S E A L] ________________________________ Notary Public - State of ______________ My Commission Expires: _______________________ ________________________________ Printed Name of Notary Public GUARANTY (CARVEOUTREPAYMENT) – Signature Page

Reinstatement in Certain Circumstances. If at any time any payment of the principal or interest under the Note or any other amount payable by Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of Borrower or otherwise, Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time. GUARANTY AGREEMENT (CARVEOUTREPAYMENT) – Page 20 66714617 641939; Miami-Dade County, Florida EXECUTED, effective as of the date first written above. GUARANTOR: XXXXX FINANCIAL GROUPREALTY MORTGAGE, INC., a California Maryland corporation ________________________________ By: Xxxxxxx X. Xxxxx Title: President XXXXX REALTY MORTGAGEFINANCIAL GROUP, INC., a Maryland California corporation __________________________________ By: Xxxxxxx X. Xxxxx Title: President STATE OF ______________ § § COUNTY OF ____________ § This instrument was ACKNOWLEDGED before me this ____ day of __________, 2014, by Xxxxxxx X. Xxxxx, as President of Xxxxx Realty Mortgage, Inc., a Maryland corporation, on behalf of the corporation. He is personally known to me or has produced ____________________ as identification. [S E A L] ________________________________ Notary Public - State of ____________ My Commission Expires: ________________________________ ____________________________ Printed Name of Notary Public GUARANTY (REPAYMENT) – Signature Page STATE OF ______________ § § COUNTY OF ____________ § This instrument was ACKNOWLEDGED before me this ____ day of __________, 2014, by Xxxxxxx X. Xxxxx, as President of Xxxxx Financial Group, Inc., a California corporation, on behalf of the corporation. He is personally known to me or has produced ____________________ as identification. [S E A L] ________________________________ Notary Public - State of ____________ My Commission Expires: ________________________________ ____________________________ Printed Name of Notary Public GUARANTY (CARVEOUTREPAYMENT) – Signature Page

Reinstatement in Certain Circumstances. If at any time any payment of the principal or interest under the Note or any other amount payable by Borrower under the Loan Documents is rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of Borrower or otherwise, Guarantor's obligations hereunder with respect to such payment shall be reinstated as though such payment has been due but not made at such time. GUARANTY AGREEMENT (CARVEOUTCOMPLETION) – Page 20 66714618 641933; Miami-Dade County, Florida EXECUTED, effective as of the date first written above. GUARANTOR: XXXXX FINANCIAL GROUPREALTY MORTGAGE, INC., a California Maryland corporation ________________________________ By: Xxxxxxx X. Xxxxx Title: President XXXXX REALTY MORTGAGEFINANCIAL GROUP, INC., a Maryland California corporation __________________________________ By: Xxxxxxx X. Xxxxx Title: President STATE OF ______________ § § COUNTY OF ____________ § This instrument was ACKNOWLEDGED before me this ____ day of __________, 2014, by Xxxxxxx X. Xxxxx, as President of Xxxxx Realty Mortgage, Inc., a Maryland corporation, on behalf of the corporation. He is personally known to me or has produced ____________________ as identification. [S E A L] ________________________________ Notary Public - State of ____________ My Commission Expires: ________________________________ ____________________________ Printed Name of Notary Public GUARANTY (COMPLETION) – Signature Page 641933; Miami-Dade County, Florida STATE OF ______________ § § COUNTY OF ____________ § This instrument was ACKNOWLEDGED before me this ____ day of __________, 2014, by Xxxxxxx X. Xxxxx, as President of Xxxxx Financial Group, Inc., a California corporation, on behalf of the corporation. He is personally known to me or has produced ____________________ as identification. [S E A L] ________________________________ Notary Public - State of ____________ My Commission Expires: ________________________________ ____________________________ Printed Name of Notary Public GUARANTY (CARVEOUTCOMPLETION) – Signature PagePage 641933; Miami-Dade County, Florida