0001104659-12-049916 Sample Contracts

MASTER REPURCHASE AGREEMENT Dated as of July 18, 2012 between NSREIT CB LOAN, LLC, as Seller, and CITIBANK, N.A., as Buyer
Master Repurchase Agreement • July 19th, 2012 • NorthStar Real Estate Income Trust, Inc. • Real estate investment trusts • New York

MASTER REPURCHASE AGREEMENT, dated as of July 18, 2012, by and among NSREIT CB Loan, LLC, a Delaware limited liability company (“Seller”) and CITIBANK, N.A., a national banking association (“Buyer”).

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LIMITED GUARANTY
Limited Guaranty • July 19th, 2012 • NorthStar Real Estate Income Trust, Inc. • Real estate investment trusts • New York

THIS LIMITED GUARANTY (as amended, modified, waived, supplemented, extended, restated or replaced from time to time, this “Guaranty”) is made as of the 18th day of July, 2012, by NORTHSTAR REAL ESTATE INCOME TRUST, INC., a Maryland corporation (together with its successors and permitted assigns and any other Person that becomes a guarantor under this Guaranty, “Guarantor”), for the benefit of CITIBANK, N.A., a national banking association, as buyer under the Repurchase Agreement (in such capacity, together with its successors and assigns, “Buyer”).

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