LIMITED LIABILITY COMPANY AGREEMENT OF FPA/PRIP GOVERNOR PARK, LLCLimited Liability Company Agreement • December 24th, 2008 • Paladin Realty Income Properties Inc • Real estate investment trusts • Delaware
THIS LIMITED LIABILITY COMPANY AGREEMENT OF FPA/PRIP GOVERNOR PARK, LLC (the “Company”), is entered into effective as of December 19, 2008, by and between PRIP 5060/6310, LLC, a Delaware limited liability company (“Paladin”), and FPA Governor Park Investors, LLC, a Delaware limited liability company (“Fowler). The capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to such terms in Article 11.
ASSIGNMENT AND ASSUMPTION OF AGREEMENT OF PURCHASE AND SALEAssignment and Assumption of Agreement • December 24th, 2008 • Paladin Realty Income Properties Inc • Real estate investment trusts
THIS ASSIGNMENT AND ASSUMPTION (this “Assignment”) is dated September 25, 2008, by and between FOWLER PROPERTY ACQUISITIONS, LLC, a California limited liability company (“Assignor”) and FPA GOVERNOR PARK ASSOCIATES, LLC, a Delaware limited liability company (“Assignee”) with reference to the following:
REAL ESTATE PURCHASE AND SALE AGREEMENT Two and Five Governor Park, San Diego, CaliforniaReal Estate Purchase and Sale Agreement • December 24th, 2008 • Paladin Realty Income Properties Inc • Real estate investment trusts • California
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is dated as of September 9, 2008 (the “Effective Date”), by and between MCMORGAN INSTITUTIONAL REAL ESTATE FUND I, LLC, a Delaware limited liability company (“Seller”), and FOWLER PROPERTY ACQUISITIONS, LLC, a California limited liability company (“Buyer”).
MASTER LEASE AGREEMENT between FPA GOVERNOR PARK ASSOCIATES, LLC, as Landlord, and TRINITY PROPERTY CONSULTANTS, LLC, as TenantMaster Lease Agreement • December 24th, 2008 • Paladin Realty Income Properties Inc • Real estate investment trusts • Texas
THIS MASTER LEASE AGREEMENT (“Lease”) is made and entered into as of the 20th day of December, 2008, by and between FPA GOVERNOR PARK ASSOCIATES, LLC, a Delaware limited liability company (“Landlord”), whose address is 4665 MacArthur Court, Suite 200, Newport Beach, CA 92660 and TRINITY PROPERTY CONSULTANTS, LLC, a California limited liability company (“Tenant”), whose address is 4665 MacArthur Court, Suite 200, Newport Beach, CA 92660.
FIRST AMENDMENT TO REAL ESTATE PURCHASE AND SALE AGREEMENTReal Estate Purchase and Sale Agreement • December 24th, 2008 • Paladin Realty Income Properties Inc • Real estate investment trusts
This First Amendment to Purchase and Sale Agreement (this “Amendment”) is entered into as of October 23, 2008 by and between MIREF Governor Park, LLC, a Delaware limited liability company, as successor by assignment to McMorgan Institutional Real Estate Fund I, LLC, a Delaware limited liability company (“Seller”) and FPA Governor Park Associates, LLC, a Delaware limited liability company, as successor by assignment to Fowler Property Acquisitions, LLC, a California limited liability company (“Buyer”).
DEED OF TRUST and ABSOLUTE ASSIGNMENT OF RENTS AND LEASES and SECURITY AGREEMENT (AND FIXTURE FILING)Leases and Security Agreement • December 24th, 2008 • Paladin Realty Income Properties Inc • Real estate investment trusts • California
This DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) (“Deed of Trust”), dated as of December 19, 2008 is executed by FPA GOVERNOR PARK ASSOCIATES, LLC, a Delaware limited liability company (“Trustor”), with a mailing address at c/o Fowler Property Acquisitions, 100 Bush Street, Suite 510, San Francisco, California, to Chicago Title Company, a California corporation (“Trustee”), with a mailing address at 388 Market Street, Suite 1300, San Francisco, CA 94111, Attn: Susan Trowbridge, for the benefit of MIREF GOVERNOR FINANCE, LLC (“Beneficiary”), with a mailing address at c/o McMorgan Institutional Real Estate Fund I, LLC, 425 Market Street, Suite 1600, San Francisco, California 94105.
LIMITED GUARANTYLimited Guaranty • December 24th, 2008 • Paladin Realty Income Properties Inc • Real estate investment trusts • California
THIS LIMITED GUARANTY (“Guaranty”) is made as of December 19, 2008, by GREGORY A. FOWLER, Trustee of the Gregory A. Fowler Living Trust (“Guarantor”) in favor of MIREF GOVERNOR FINANCE, LLC, a Delaware limited liability company (“Lender”).
