BILL OF SALENNN 2003 Value Fund LLC • January 26th, 2011 • Operators of nonresidential buildings
THAT, NNN VF FOUR RESOURCE SQUARE, LLC, a Delaware limited liability company (“Seller”), for and in consideration of the sum of Ten and No/100 Dollars ($10.00) and other good and valuable consideration to Seller in hand paid by FOUR RESOURCE SQUARE, LLC, a Delaware limited liability company (“Buyer”), the receipt of which is hereby acknowledged, has Sold, Delivered and Assigned, and by these presents does Sell, Deliver and Assign, unto Buyer the following described property, to-wit:
ASSIGNMENT OF LEASES, SERVICE CONTRACTS AND INTANGIBLES, TRANSFER OF DEPOSITS AND ASSUMPTION AGREEMENTDeposits and Assumption Agreement • January 26th, 2011 • NNN 2003 Value Fund LLC • Operators of nonresidential buildings
THIS ASSIGNMENT (this “Assignment”), made effective as of the 20th day of January, 2011, by and between NNN VF FOUR RESOURCE SQUARE, LLC, a Delaware limited liability company (“Assignor”), and FOUR RESOURCE SQUARE, LLC, a Delaware limited liability company (hereinafter referred to as the “Assignee”);
LOAN ASSUMPTION AND SUBSTITUTION AGREEMENT AND AMENDMENT TO DEED OF TRUST, SECURITY AGREEMENT AND FIXTURE FILINGSecurity Agreement and Fixture Filing • January 26th, 2011 • NNN 2003 Value Fund LLC • Operators of nonresidential buildings
THIS LOAN ASSUMPTION AND SUBSTITUTION AGREEMENT AND AMENDMENT TO DEED OF TRUST, SECURITY AGREEMENT AND FIXTURE FILING (together with all Exhibits, Schedules and Joinders attached hereto, this “Agreement”) is made and entered into as of January 20, 2011, by and among FOUR RESOURCE SQUARE, LLC, a Delaware limited liability company (“Assuming Borrower”), having an address of c/o RAIT Financial Trust, Cira Centre, 2929 Arch Street, 17th Floor, Philadelphia, Pennsylvania 19083, RAIT EQUITY HOLDINGS I, LLC, a Delaware limited liability company (“New Guarantor”), having an address of c/o RAIT Financial Trust, Cira Centre, 2929 Arch Street, 17th Floor, Philadelphia, Pennsylvania 19083, NNN VF FOUR RESOURCE SQUARE, LLC, a Delaware limited liability company (“Original Borrower”), having its principal place of business at c/o Grubb & Ellis Realty Investors, LLC, 1551 N. Tustin Avenue, Suite 300, Santa Ana, California 92705, and NNN 2003 VALUE FUND, LLC, a Delaware limited liability company (“Orig
