0000912593-12-000094 Sample Contracts

LOAN AGREEMENT Dated as of November 15, 2012 Between RUDGATE CLINTON SPE, LLC, RUDGATE CLINTON ESTATES SPE, LLC, and RUDGATE VILLAGE SPE, LLC as Borrower and LADDER CAPITAL FINANCE LLC, as Lender
Loan Agreement • November 19th, 2012 • Sun Communities Inc • Real estate investment trusts • New York

THIS LOAN AGREEMENT, dated as of November 14, 2012 (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”), between LADDER CAPITAL FINANCE LLC, a Delaware limited liability company, having an address at 345 Park Avenue, 8th Floor, New York, New York 10154 (together with its successors and assigns, collectively, “Lender”) and RUDGATE VILLAGE SPE, LLC, a Delaware limited liability company, RUDGATE CLINTON SPE, LLC, a Delaware limited liability company, and RUDGATE CLINTON ESTATES SPE, LLC, a Delaware limited liability company, each having an address at 201 W. Big Beaver Road, Suite 1050, Troy, Michigan 48084 (together with their permitted successors and assigns, collectively, “Borrower”).

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PROPERTY MANAGEMENT AGREEMENT (Rudgate Manor)
Property Management Agreement • November 19th, 2012 • Sun Communities Inc • Real estate investment trusts • Michigan

This PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made and entered into this 14th day of November, 2012 (the “Effective Date”), among RUDGATE VILLAGE SPE, LLC, a Delaware limited liability company (“Owner”), and SUN HOME SERVICES, INC., a Michigan corporation (“Manager”).

MEZZANINE LOAN AGREEMENT Dated as of November 14, 2012 Between
Mezzanine Loan Agreement • November 19th, 2012 • Sun Communities Inc • Real estate investment trusts • Michigan

THIS MEZZANINE LOAN AGREEMENT, dated as of November 14, 2012 (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”), between SUN RUDGATE LENDER LLC, a Michigan limited liability company, having an address at 27777 Franklin Rd., Suite 200, Southfield, Michigan 48034 (together with its successors and assigns, collectively, “Lender”) and RUDGATE VILLAGE HOLDINGS, LLC, RUDGATE CLINTON HOLDINGS, LLC, and RUDGATE CLINTON ESTATES HOLDINGS, LLC, each a Michigan limited liability company, having an address at 201 W. Big Beaver Road, Suite 720, Troy, Michigan 48084 (together with its permitted successors and assigns, collectively, “Borrower”).

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