0001193125-04-003249 Sample Contracts

AMENDMENT NO. 2 TO MASTER REPURCHASE AGREEMENT
Master Repurchase Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts

THIS AMENDMENT NO. 2 TO MASTER REPURCHASE AGREEMENT, dated as of September 30, 2003 (“Amendment”), is entered into between WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association (formerly First Union National Bank) (“Buyer”), and CAPITAL LEASE FUNDING, LLC, a Delaware limited liability company (“Seller”).

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AMENDMENT NO. 2 TO MASTER REPURCHASE AGREEMENT
Master Repurchase Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts

This Amendment No. 2 to Master Repurchase Agreement (“Amendment”) is dated as of September 30, 2003 between WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association (formerly First Union National Bank) (“Buyer”), and CAPITAL LEASE FUNDING, LLC, a Delaware limited liability company (formerly Capital Lease Funding L.P., a Delaware limited partnership) (“Seller”).

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts • North Carolina
THIRD AMENDMENT TO MASTER REPURCHASE AGREEMENT
Master Repurchase Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts

This Third Amendment to Master Repurchase Agreement (“Amendment”) is dated as of December 15, 2003 between WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association (formerly First Union National Bank) (“Buyer”), and CAPITAL LEASE FUNDING, LLC, a Delaware limited liability company (formerly Capital Lease Funding L.P., a Delaware limited partnership) (“Seller”).

SECURITY AGREEMENT
Security Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts • North Carolina

This SECURITY AGREEMENT, entered into as of this 31st day of January, 2000 (this “Agreement”), is by and between CAPITAL LEASE FUNDING, L.P., a Delaware limited partnership (“CLF”), and BANK OF AMERICA, N.A., a national banking association (the “Bank”).

AMENDMENT
Purchase and Sale Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts • North Carolina

THIS AMENDMENT, dated as of April 30, 2002 (this “Amendment”), is by and among Bank of America, N.A., a national banking association (“Bank” or “Grantor”); Capital Lease Funding, LLC, a Delaware limited liability company that is the successor-in-interest to Capital Lease Funding, L.P. (“CLF” or “Buyer”); and CLFC HPII Inc., a Delaware corporation (“CLFC”).

MASTER REPURCHASE AGREEMENT between FIRST UNION NATIONAL BANK, a national banking association and CAPITAL LEASE FUNDING, L.P., a Delaware limited partnership Dated as of October 1, 2001
Master Repurchase Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts • New York
CALL OPTION AGREEMENT
Call Option Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts • North Carolina

This CALL OPTION AGREEMENT (this “Agreement”), dated as of January 31, 2000, is by and among Bank of America, N.A., a national banking association with its principal offices in Charlotte, North Carolina (“Grantor” or “Bank”), Capital Lease Funding, L.P., a Delaware limited partnership with its principal offices in New York, New York (“Buyer”), and CLFC HPII Inc., a Delaware corporation (“CLFC”) that is one of the Buyer’s general partners.

AMENDMENT NO. 3 TO MASTER REPURCHASE AGREEMENT
Master Repurchase Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts

THIS AMENDMENT NO. 3 TO MASTER REPURCHASE AGREEMENT, dated as of December 15, 2003 (“Amendment”), is entered into between WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association (formerly First Union National Bank) (“Buyer”), and CAPITAL LEASE FUNDING, LLC, a Delaware limited liability company (“Seller”).

SECOND AMENDMENT
Purchase and Sale Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts • North Carolina

THIS SECOND AMENDMENT, dated as of February 28, 2003 (this “Amendment”), is by and among Bank of America, N.A., a national banking association (“Bank” or “Grantor”); Capital Lease Funding, LLC, a Delaware limited liability company that is the successor-in-interest to Capital Lease Funding, L.P. (“CLF” or “Buyer”); and CLFC HPII Inc., a Delaware corporation (“CLFC”).

LOAN CONTRIBUTION AGREEMENT
Loan Contribution Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts • North Carolina

The undersigned (“Borrower’s Architect/Engineer”) hereby certifies to BANK OF AMERICA, N.A., a national banking association (“Lender”), in connection with a Loan from Lender to (“Owner”), which loan has financed the construction of the improvements (the “Improvements”) described in certain plans and specifications previously approved by Lender (the “Plans and Specifications”), such Improvements being located upon certain land described on Exhibit A attached hereto and made a part hereof (said land and the Improvements being collectively referred to as the “Premises”), as follows:

FIRST AMENDMENT TO MASTER REPURCHASE AGREEMENT
Master Repurchase Agreement • January 12th, 2004 • Capital Lease Funding Inc • Real estate investment trusts • North Carolina

This First Amendment to Master Repurchase Agreement (“Amendment”) is dated as of February 25, 2003 between WACHOVIA BANK, NATIONAL ASSOCIATION (formerly First Union National Bank, National Banking Association) (“Buyer”) and CAPITAL LEASE FUNDING, LLC, a Delaware limited liability company (formerly Capital Lease Funding L.P., a Delaware limited partnership) (“Seller”).

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