0001144204-07-005703 Sample Contracts

MORTGAGE AND SECURITY AGREEMENT UNITED STATES OF AMERICA
Mortgage and Security Agreement • February 7th, 2007 • Lightstone Value Plus Real Estate Investment Trust, Inc. • Real estate investment trusts • New York

BE IT KNOWN, that on the 31st day of January, 2007, to be effective on February 1, 2007, before me, the undersigned Notary Public, duly commissioned and qualified in and for the State Parish aforesaid, of LVP Gulf Coast Industrial Portfolio LLC, and in the presence of the undersigned competent witnesses, personally came and appeared:

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ASSIGNMENT AND ASSUMPTION OF AGREEMENT OF PURCHASE AND SALE
Assignment and Assumption Of • February 7th, 2007 • Lightstone Value Plus Real Estate Investment Trust, Inc. • Real estate investment trusts

This Assignment and Assumption of Agreement for Purchase and Sale of Interests (“Assignment”) is dated as of January 11, 2007 between Lightstone Value Plus Real Estate Investment Trust, Inc., a Maryland corporation ("Assignor"), and The Lightstone Group, LLC, a New Jersey limited liability company (“Assignee”).

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