POST CLOSING AND INDEMNITY AGREEMENTPost Closing and Indemnity Agreement • June 7th, 2011 • Inland Diversified Real Estate Trust, Inc. • Real estate investment trusts
This Post Closing and Indemnity Agreement (“Agreement”) is dated as of this 1st day of June, 2011 by and among INLAND DIVERSIFIED CHARLOTTE PERIMETER WOODS, L.L.C., a Delaware limited liability company (“Purchaser”) and PERIMETER WOODS RETAIL SAE, L.L.C., a North Carolina limited liability company (“Seller”) in connection with the acquisition of the Perimeter Woods Shopping Center, located in Charlotte, North Carolina (the “Property”) as legally described in that certain Purchase and Sale Agreement dated December 23, 2010, as amended (the “Contract”) by and between Seller and Inland Real Estate Acquisitions, Inc. (“IREA”).
Prepared by and after recording return to: Richard S. Arfa, Esq.Assignment and Assumption of Leases • June 7th, 2011 • Inland Diversified Real Estate Trust, Inc. • Real estate investment trusts
ENVIRONMENTAL INDEMNITY AGREEMENTEnvironmental Indemnity Agreement • June 7th, 2011 • Inland Diversified Real Estate Trust, Inc. • Real estate investment trusts
THIS ENVIRONMENTAL INDEMNITY AGREEMENT (this “Agreement”) is given as of this 1st day of June, 2011, by INLAND DIVERSIFIED CHARLOTTE PERIMETER WOODS, L.L.C., a Delaware limited liability company (“Borrower”), and INLAND DIVERSIFIED REAL ESTATE TRUST, INC., a Maryland corporation (hereinafter referred to as “Indemnitor,”) in favor of JACKSON NATIONAL LIFE INSURANCE COMPANY, a Michigan corporation (“Lender”), in conjunction with Borrower’s assumption of a loan (the “Loan”) in the original principal amount of $46,500,000.00 pursuant to a Loan Assumption Agreement (the “Loan Agreement”) of even date herewith.
INDEMNIFICATION AGREEMENTIndemnification Agreement • June 7th, 2011 • Inland Diversified Real Estate Trust, Inc. • Real estate investment trusts • North Carolina
THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is made and entered into as of this 1st day of June, 2011 by INLAND DIVERSIFIED REAL ESTATE TRUST, INC., a Maryland corporation, (hereinafter referred to as “Indemnitor” or “Indemnitors,” whether one or many) in favor of and for the specific benefit of JACKSON NATIONAL LIFE INSURANCE COMPANY, a Michigan corporation (hereinafter referred to as the “Lender”).
Drawn BY AND WHEN RECORDED MAIL TO: Henry N. Pharr, II, Esq. Horack, Talley, Pharr & Lowndes, P.AAssumption and Modification Agreement • June 7th, 2011 • Inland Diversified Real Estate Trust, Inc. • Real estate investment trusts • North Carolina
PURCHASE AND SALE AGREEMENT (Perimeter Woods Retail Shopping Center)Purchase and Sale Agreement • June 7th, 2011 • Inland Diversified Real Estate Trust, Inc. • Real estate investment trusts • Charlotte
THIS PURCHASE AND SALE AGREEMENT (together with all exhibits attached hereto and any and all amendments hereto made in accordance with the terms hereof, this “Agreement”) is made and entered into as of the 23rd day of December, 2010, by and among INLAND REAL ESTATE ACQUISITIONS, INC., an Illinois corporation, its successors, legal representatives and permitted assigns (“Purchaser”) and PERIMETER WOODS RETAIL SAE, LLC, a North Carolina limited liability company (“Seller”).
ASSIGNMENTAssignment • June 7th, 2011 • Inland Diversified Real Estate Trust, Inc. • Real estate investment trusts
This Assignment is made as of the 1st day of June, 2011 by INLAND REAL ESTATE ACQUISITIONS, INC., an Illinois corporation (“Assignor”) to and for the benefit of INLAND DIVERSIFIED CHARLOTTE PERIMETER WOODS, L.L.C., a Delaware limited liability company (“Assignee”).
LOAN ASSUMPTION AGREEMENT by and between JACKSON NATIONAL LIFE INSURANCE COMPANY, as Lender and INLAND DIVERSIFIED CHARLOTTE PERIMETER WOODS,L.L.C., as Borrower Date: As of June 1, 2011 Project: PERIMETER WOODS SHOPPING CENTER, CHARLOTTE, NCLoan Assumption Agreement • June 7th, 2011 • Inland Diversified Real Estate Trust, Inc. • Real estate investment trusts
This Agreement is made as of the date set forth on the preceding cover page by and between the Borrower and Lender described on such page.
