HOTEL LEASE between PHR Cherry Propco, LLC, a Michigan limited liability company, as Landlord and PHR Cherry OPCO SUB, LLC, a Michigan limited liability company, as Tenant Dated as of July 30, 2021 Cherry Tree Inn Traverse City, MichiganHotel Lease • August 4th, 2021 • Procaccianti Hotel Reit, Inc. • Real estate investment trusts • Michigan
THIS AMENDED AND RESTATED HOTEL LEASE (this “Lease”) is made and entered into as of the 30th day of July, 2021, by and between PHR Cherry Propco, LLC, a Michigan limited liability company, having its principal office at c/o Procaccianti Companies, 1140 Reservoir Avenue, Cranston, Rhode Island 02920-6320 (“Landlord”), and as Landlord and PHR CHERRY OPCO SUB, LLC, a Michigan limited liability company, a Michigan limited liability company, having its principal office at c/o Procaccianti Companies, 1140 Reservoir Avenue, Cranston, Rhode Island 02920-6320 (“Tenant”).
MORTGAGE, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILINGMortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing • August 4th, 2021 • Procaccianti Hotel Reit, Inc. • Real estate investment trusts • Michigan
THIS MORTGAGE, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING (“Mortgage”) made as of July 30, 2021, PHR CHERRY PROPCO, LLC, a Michigan limited liability company (“Mortgagee”), whose address is 1140 Reservoir Ave., Cranston, RI 02920-6320 (“Mortgagor”), in favor of EMERALD CAPITAL LENDING III, LLC, a Delaware limited liability company (“Mortgagee”), whose address is 1140 Reservoir Ave., Cranston, RI 02920-6320.
