MULTIFAMILY NOTE MULTISTATE – FIXED TO FLOAT (REVISION DATE 10-01-2004)Multifamily Note • October 23rd, 2007 • Paladin Realty Income Properties Inc • Real estate investment trusts
FOR VALUE RECEIVED, the undersigned (together with such party’s or parties’ successors and assigns, “Borrower”), jointly and severally (if more than one) promises to pay to the order of NorthMarq Capital, Inc., a Minnesota corporation, the principal sum of Four Million Nine Hundred Thousand and No/100 Dollars (US $4,900,000.00), with interest on the unpaid principal balance, as hereinafter provided.
MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (MISSOURI – REVISION DATE 05-11-2004)Multifamily Deed of Trust, Assignment of Rents and Security Agreement • October 23rd, 2007 • Paladin Realty Income Properties Inc • Real estate investment trusts
THIS MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (the “Instrument”) is made as of December 6, 2005, among Pinehurst Associates, LLC, a limited liability company organized and existing under the laws of Florida, whose mailing address is c/o Robert E. Spielman, 7300 North Kendall Drive, Suite 519, Miami, Florida 33156, as grantor (“Borrower”), Walter C. Whisler, 700 NE R.D. Mize Road, Suite 200, Blue Springs, Missouri 64104, as trustee (“Trustee”), for the benefit of NorthMarq Capital, Inc., a corporation organized and existing under the laws of Minnesota, whose mailing address is 3500 American Boulevard West, Suite 500, Bloomington, Minnesota 55431, as beneficiary (“Lender”). Borrower’s organizational identification number, if applicable, is L05000107824.
FORM OF SECOND AMENDED AND RESTATED ADVISORY AGREEMENTAdvisory Agreement • October 23rd, 2007 • Paladin Realty Income Properties Inc • Real estate investment trusts • California
THIS SECOND AMENDED AND RESTATED ADVISORY AGREEMENT (this “Agreement”), dated as of , 200 , is entered into between Paladin Realty Income Properties, Inc., a Maryland corporation (the “Company”), Paladin Realty Income Properties, L.P. (the “Operating Partnership,” and collectively with the Company, the “Fund”), and Paladin Realty Advisors, LLC, a Delaware limited liability company (the “Advisor”).
OPERATING AGREEMENT OF KC PINEHURST ASSOCIATES, LLCOperating Agreement • October 23rd, 2007 • Paladin Realty Income Properties Inc • Real estate investment trusts • Delaware
THIS OPERATING AGREEMENT OF KC PINEHURST ASSOCIATES, LLC (the “Company”), is entered into effective as of September 13, 2007, by and between PRIP 500, LLC, a Delaware limited liability company (“Paladin”), and JTL HOLDINGS, LLC, a Missouri limited liability company (“Lippert Holdings”), and JTL ASSET MANAGEMENT, INC., a Missouri limited liability company (“Lippert Management”). The capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to such terms in Article 11.
GUARANTY MULTISTATE (for use in all jurisdictions except California) REVISION DATE 05/06/05Guaranty • October 23rd, 2007 • Paladin Realty Income Properties Inc • Real estate investment trusts
This Guaranty (“Guaranty”) is entered into to be effective as of September 13, 2007, by the undersigned person(s) (the “Guarantor” jointly and severally if more than one), for the benefit of Federal Home Loan Mortgage Corporation, a corporation organized and existing under the laws of the United States (the “Lender”).
PALADIN REALTY INCOME PROPERTIES, INC. Up to $850,000,000 in Shares of Common Stock, $0.01 par value per share FORM OF DEALER MANAGER AGREEMENTDealer Manager Agreement • October 23rd, 2007 • Paladin Realty Income Properties Inc • Real estate investment trusts • California
FORM OF SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF PALADIN REALTY INCOME PROPERTIES, L.P.Limited Partnership Agreement • October 23rd, 2007 • Paladin Realty Income Properties Inc • Real estate investment trusts • Delaware
THIS SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF PALADIN REALTY INCOME PROPERTIES, L.P. (this “Agreement”), dated as of , 200 , is entered into by and among PALADIN REALTY INCOME PROPERTIES, INC., a Maryland corporation, as general partner (the “General Partner”), and those Persons who have executed this Agreement or a counterpart hereof, or who become parties hereto pursuant to the terms of this Agreement.
GUARANTY MULTISTATE (for use in all jurisdictions except California) REVISION DATE 05/06/05Guaranty • October 23rd, 2007 • Paladin Realty Income Properties Inc • Real estate investment trusts
This Guaranty (“Guaranty”) is entered into to be effective as of December 6, 2005, by the undersigned person(s) (the “Guarantor” jointly and severally if more than one), for the benefit of NorthMarq Capital, Inc., a Minnesota corporation (the “Lender”).
ASSUMPTION AGREEMENTAssumption Agreement • October 23rd, 2007 • Paladin Realty Income Properties Inc • Real estate investment trusts
THIS ASSUMPTION AGREEMENT is made effective as of the 13th day of September, 2007, by and among Pinehurst Associates, LLC, a Florida limited liability company (“Original Borrower”); KC Pinehurst Associates, LLC, a Delaware limited liability company (“New Borrower”); and the FEDERAL HOME LOAN MORTGAGE CORPORATION (“Noteholder”), and is acknowledged and consented to by Robert E. Spielman (“Original Guarantor”).
