0000950137-07-000103 Sample Contracts

ENVIRONMENTAL INDEMNITY AGREEMENT
Environmental Indemnity Agreement • January 5th, 2007 • NNN Apartment REIT, Inc. • Real estate investment trusts

THIS ENVIRONMENTAL INDEMNITY AGREEMENT (as the same may from time to time be amended, consolidated, renewed or replaced, this “Agreement”), made as of December 28, 2006, by NNN APARTMENT REIT, INC., a Maryland corporation (“Indemnitor”) whose address is 1551 North Tustin Avenue, Suite 300, Santa Ana, California 92705, in favor of WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association (together with its successors and assigns, “Lender”), whose address is Commercial Real Estate Services, 8739 Research Drive URP — 4, NC 1075, Charlotte, North Carolina 28262.

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