RECOURSE LIABILITIES GUARANTY [property address]Strategic Storage Trust, Inc. • August 31st, 2010 • Real estate investment trusts
FOR VALUE RECEIVED, the sufficiency of which is hereby acknowledged, the undersigned, STRATEGIC STORAGE TRUST, INC., a Maryland corporation (whether one or more, hereinafter together called “Guarantor” in the singular) absolutely guarantees and agrees to pay to THE PRUDENTIAL INSURANCE COMPANY OF AMERICA (hereinafter called “Lender”) at the address designated in the Instrument (as hereinafter defined) for payment thereof or as such address may be changed as provided in the Instrument, all limited and full recourse indebtedness of [property owning LLC], a limited liability company organized under the laws of the State of Delaware (hereinafter called “Borrower”), under Paragraphs 8 and 9 of that certain Promissory Note [property address] in the original principal amount of made by Borrower payable to the order of Lender and dated August 25, 2010, and all modifications, renewals and extensions of and substitutions for said Promissory Note (said Promissory Note and all modifications, renew
SUPPLEMENTAL GUARANTY ([property address])Supplemental Guaranty • August 31st, 2010 • Strategic Storage Trust, Inc. • Real estate investment trusts
FOR VALUE RECEIVED, the sufficiency of which is hereby acknowledged, the undersigned, [property owning LLC], a Delaware limited liability company (whether one or more, hereinafter together called “Guarantor” in the singular) absolutely guarantees and agrees to pay to THE PRUDENTIAL INSURANCE COMPANY OF AMERICA (hereinafter called “Lender”) at the address designated in the Instrument (as hereinafter defined) for payment thereof or as such address may be changed as provided in the Instrument, all Other Indebtedness (as defined in the Instrument [defined below]) and Other Obligations (as defined in the Instrument) of the Related Borrowers (as defined below) under the Notes (as defined below), together with all interest, attorneys’ fees and collection costs provided for in the Notes (all such indebtedness is hereinafter called the “Indebtedness”). The term “Pool Obligations” as used herein shall have the same meaning as such term is defined in the Loan Agreement (as defined below).
COLLATERAL LOAN AGREEMENTCollateral Loan Agreement • August 31st, 2010 • Strategic Storage Trust, Inc. • Real estate investment trusts • New Jersey
THIS COLLATERAL LOAN AGREEMENT (the “Agreement”), dated as of August 25, 2010, is made and entered into by and among SSTI 2900 CRESCENT SPRINGS RD, LLC, a Delaware limited liability company (“2900 Crescent Springs”), SSTI 550 MAIN ST, LLC, a Delaware limited liability company (“550 Main Street”), SSTI 4950 N DIXIE HWY, LLC, a Delaware limited liability company (“4950 Dixie Hwy”), SSTI 16400 STATE RD 84, LLC, a Delaware limited liability company (“16400 State Road 84”), USA DURANGO LV SELF STORAGE, LLC, a Delaware limited liability company (“Durango”), SSTI 10490 COLONEL CT, LLC, a Delaware limited liability company (“10490 Colonel Court”), SSTI 2035 POWERS FERRY RD, LLC, a Delaware limited liability company (“2035 Powers Ferry Road”), SSTI 3636 E WASHINGTON ST, LLC, a Delaware limited liability company (“3636 Washington Street”), SSTI 1135 W BROADWAY RD, LLC, a Delaware limited liability company (“1135 Broadway Road”), SSTI 15 LANDINGS DR, LLC, a Delaware limited liability company (“15
