0000831259-10-000032 Sample Contracts

LOAN MODIFICATION AGREEMENT
Loan Modification Agreement • May 17th, 2010 • Stratus Properties Inc • Land subdividers & developers (no cemeteries) • Minnesota

THIS LOAN MODIFICATION AGREEMENT (this “Agreement”) is made as of March __, 2010, by and between STRATUS PROPERTIES INC., a Delaware corporation having an address of 98 San Jacinto Boulevard, Suite 220, Austin, TX 78791 (“Borrower”), and AMERICAN STRATEGIC INCOME PORTFOLIO INC.—II, a Minnesota corporation having an address at c/o FAF Advisors, Inc., 800 Nicollet Mall, Suite 500, BC-MN-H05W, Minneapolis, MN 55402 (“Investor”).

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PROFITS INTEREST AGREEMENT
Profits Interest Agreement • May 17th, 2010 • Stratus Properties Inc • Land subdividers & developers (no cemeteries) • Texas

THIS PROFITS INTEREST AGREEMENT (this “Agreement”) is made and entered into as of March __, 2010 (the “Effective Date”), between CJUF II STRATUS BLOCK 21 LLC, a Delaware limited liability company (“Borrower”), and HUNTER’S GLEN/FORD INVESTMENTS I LLC, a Texas limited liability company (“Lender”).

LOAN AGREEMENT MADE BY AND BETWEEN CJUF II STRATUS BLOCK 21 LLC AND HUNTER’S GLEN/FORD INVESTMENTS I LLC, as Lender Dated as of March 31, 2010
Loan Agreement • May 17th, 2010 • Stratus Properties Inc • Land subdividers & developers (no cemeteries) • Texas

THIS LOAN AGREEMENT (“Agreement”) is made as of March 31, 2010, by and between CJUF II STRATUS BLOCK 21 LLC, a Delaware limited liability company (“Borrower”), and HUNTER’S GLEN/FORD INVESTMENTS I LLC, a Texas, its successors and assigns (“Lender”).

LOAN MODIFICATION AGREEMENT
Loan Modification Agreement • May 17th, 2010 • Stratus Properties Inc • Land subdividers & developers (no cemeteries) • Minnesota

THIS LOAN MODIFICATION AGREEMENT (this “Agreement”) is made as of March __, 2010, by and between STRATUS PROPERTIES INC., a Delaware corporation having an address of 98 San Jacinto Boulevard, Suite 220, Austin, TX 78791 (“Borrower”), and AMERICAN STRATEGIC INCOME PORTFOLIO INC.—III, a Minnesota corporation having an address at c/o FAF Advisors, Inc., 800 Nicollet Mall, Suite 500, BC-MN-H05W, Minneapolis, MN 55402 (“Investor”).

FOURTH MODIFICATION AND EXTENSION AGREEMENT
Modification and Extension Agreement • May 17th, 2010 • Stratus Properties Inc • Land subdividers & developers (no cemeteries) • Texas

This FOURTH MODIFICATION AND EXTENSION AGREEMENT (this "Agreement") dated effective as of March 31, 2010 (the "Effective Date") by and between STRATUS PROPERTIES INC., a Delaware corporation ("Stratus"), STRATUS PROPERTIES OPERATING CO., L.P., a Delaware limited partnership ("SPOC"), CIRCLE C LAND, L.P., a Texas limited partnership ("Circle C"), and AUSTIN 290 PROPERTIES, INC., a Texas corporation ("Austin") (Stratus, SPOC, Circle C and Austin are sometimes referred to in this Agreement severally as "Borrower"), CALERA COURT, L.P., a Texas limited partnership ("Calera Court"), and COMERICA BANK ("Lender");

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