LOAN AGREEMENTLoan Agreement • October 6th, 2015 • Inland Residential Properties Trust, Inc. • Real estate investment trusts • Illinois
THIS LOAN AGREEMENT (as the same may be amended, restated or otherwise modified from time to time, this “Agreement”), is made as of September 30, 2015 (the “Closing Date”), by and between PARKWAY BANK AND TRUST COMPANY, an Illinois banking corporation (“Lender”), and IRESI FREDERICK MARKET SQUARE, L.L.C., a Delaware limited liability company (“Borrower”).
ENVIRONMENTAL INDEMNITY AGREEMENTEnvironmental Indemnity Agreement • October 6th, 2015 • Inland Residential Properties Trust, Inc. • Real estate investment trusts
THIS ENVIRONMENTAL INDEMNITY AGREEMENT (as the same may from time to time hereafter be modified, supplemented or amended, this “Environmental Indemnity”) is made as of September 30 2015, by and among IRESI Frederick Market Square, L.L.C., a Delaware limited liability company (“Borrower”), INLAND REAL ESTATE INVESTMENT CORPORATION, a Delaware corporation (“Guarantor”, and together with Borrower referred to herein, individually, as an “Indemnitor” and, collectively, the “Indemnitors”), and PARKWAY BANK AND TRUST COMPANY, an Illinois banking corporation (“Lender”).
SECURITY AGREEMENTSecurity Agreement • October 6th, 2015 • Inland Residential Properties Trust, Inc. • Real estate investment trusts
This SECURITY AGREEMENT dated as of September 30, 2015 (the “Security Agreement”), is executed by IRESI FREDERICK MARKET SQUARE, L.L.C., a Delaware limited liability company (“Debtor”), having its chief executive office at 2901 Butterfield Road, Oak Brook, IL 60523 and Parkway Bank and Trust Company, an Illinois banking corporation (the “Bank”), whose address is 4800 N. Harlem Avenue, Harwood Heights, Illinois 60706.
WHEN RECORDED RETURN TO: Janet Wagner, Esq. LATIMER LEVAY FYOCK LLCInland Residential Properties Trust, Inc. • October 6th, 2015 • Real estate investment trusts
ASSIGNMENT AND ASSUMPTION OF LEASESAssignment and Assumption of Leases • October 6th, 2015 • Inland Residential Properties Trust, Inc. • Real estate investment trusts
THIS ASSIGNMENT AND ASSUMPTION OF LEASES (the “Assignment”) dated as of September 30, 2015 (the “Effective Date”), is between The Haven at Market Square, LLC, a South Carolina limited liability company (“Assignor”), and IRESI Frederick Market Square, L.L.C., a Delaware limited liability company (“Assignee”).
PURCHASE & SALE AGREEMENTSale Agreement • October 6th, 2015 • Inland Residential Properties Trust, Inc. • Real estate investment trusts • Maryland
THIS ASSIGNMENT AND ASSUMPTION OF LEASES (the “Assignment”) dated as of , 20 (the “Effective Date”), is between , a (“Assignor”), and , a (“Assignee”).
ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • October 6th, 2015 • Inland Residential Properties Trust, Inc. • Real estate investment trusts
For good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the undersigned Inland Real Estate Acquisitions, Inc., an Illinois corporation (“Assignor”) hereby assigns to IRESI Frederick Market Square, L.L.C., a Delaware limited liability company (“Assignee”) all of Assignor’s right, title and interest to purchase that property known as Haven at Market Square Apartments, located at 300 Cormorant Place, Frederick, Maryland (the “Property”) pursuant to that certain Purchase and Sale Agreement between Assignor, as purchaser, and The Haven at Market Square, LLC, as seller, dated as of July 20, 2015, as amended (the “Purchase Agreement”).
GUARANTYGuaranty • October 6th, 2015 • Inland Residential Properties Trust, Inc. • Real estate investment trusts • Illinois
THIS GUARANTY (this “Guaranty”) is dated as of September 30, 2015, and is given by INLAND REAL ESTATE INVESTMENT CORPORATION, a Delaware corporation (“Guarantor”) in favor of PARKWAY BANK AND TRUST COMPANY, an Illinois banking corporation (“Bank”), with respect to certain indebtedness and liabilities of IRESI FREDERICK MARKET SQUARE, L.L.C., a Delaware limited liability company (“Borrower”), as set forth below.
