LOAN AGREEMENT Dated as of November 8, 2021 Between MDR FRANKLIN SQUARE, LLC, as Borrower and DBR INVESTMENTS CO. LIMITED, as LenderLoan Agreement • November 10th, 2021 • Medalist Diversified REIT, Inc. • Real estate investment trusts • New York
Contract Type FiledNovember 10th, 2021 Company Industry JurisdictionTHIS LOAN AGREEMENT, dated as of November 8, 2021 (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”), between DBR INVESTMENTS CO. LIMITED, a Cayman Islands corporation, having an address at 1 Columbus Circle, 15th Floor, New York, New York 10019 (together with its successors and assigns, collectively, “Lender”), and MDR FRANKLIN SQUARE, LLC, a Delaware limited liability company, having an address at 1051 East Cary Street, Suite 601, James Center Three, Richmond, Virginia 23219 (together with its permitted successors and assigns, collectively, “Borrower”).