0001193125-12-163094 Sample Contracts

MULTIFAMILY NOTE (CME) MULTISTATE – FIXED RATE DEFEASANCE (Revised 2-2-2012)
KBS Legacy Partners Apartment REIT, Inc. • April 16th, 2012 • Real estate investment trusts

FOR VALUE RECEIVED, KBS LEGACY PARTNERS DAKOTA HILL LLC, a Delaware limited liability company (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 CBRE CAPITAL MARKETS, INC., a Texas corporation, the principal sum of $32,500,000.00, with interest on the unpaid principal balance, as hereinafter provided.

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RESIDENCE AT WATERSTONE, PIKESVILLE, MARYLAND PROPERTY MANAGEMENT AGREEMENT BETWEEN KETTLER MANAGEMENT INC. AND KBS LEGACY PARTNERS PIKESVILLE LLC
Property Management Agreement • April 16th, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made as of April 6, 2012 (the “Effective Date”) between KETTLER MANAGEMENT INC., a Virginia corporation (“Property Manager”), and KBS Legacy Partners Pikesville LLC, a Delaware limited liability company (“Owner”).

MULTIFAMILY LOAN AND SECURITY AGREEMENT (CME) (Revised 1-11-2012)
Multifamily Loan and Security Agreement • April 16th, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

THIS MULTIFAMILY LOAN AND SECURITY AGREEMENT (“Loan Agreement”) is dated as of the 7th day of March, 2012 and is made by and between KBS LEGACY PARTNERS DAKOTA HILL LLC, a Delaware limited liability company (“Borrower”), and CBRE CAPITAL MARKETS, INC., a Texas corporation (together with its successors and assigns, “Lender”).

RESIDENCE AT WATERSTONE, PIKESVILLE, MARYLAND PROPERTY MANAGEMENT – ACCOUNT SERVICES AGREEMENT BETWEEN LEGACY PARTNERS RESIDENTIAL L.P. AND KBS LEGACY PARTNERS PIKESVILLE LLC
Account Services Agreement • April 16th, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This PROPERTY MANAGEMENT - ACCOUNT SERVICES AGREEMENT (this “Agreement”) is made as of April 6, 2012 (the “Effective Date”) between LEGACY PARTNERS RESIDENTIAL L.P., a Delaware limited partnership (“Agent”), and KBS LEGACY PARTNERS PIKESVILLE LLC, a Delaware limited liability company (“Owner”).

GUARANTY (CME AND PORTFOLIO) MULTISTATE (Revised 1-11-2012)
KBS Legacy Partners Apartment REIT, Inc. • April 16th, 2012 • Real estate investment trusts

THIS GUARANTY (“Guaranty”) is entered into to be effective as of March 7, 2012, by KBS LEGACY PARTNERS PROPERTIES LLC, a Delaware limited liability company (“Guarantor”, collectively if more than one), for the benefit of CBRE CAPITAL MARKETS, INC., a Texas corporation (“Lender”).

MULTIFAMILY NOTE (CME) MULTISTATE – FIXED RATE DEFEASANCE (Revised 2-2-2012)
KBS Legacy Partners Apartment REIT, Inc. • April 16th, 2012 • Real estate investment trusts

FOR VALUE RECEIVED, KBS LEGACY PARTNERS PIKESVILLE LLC, a Delaware limited liability company (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 CBRE CAPITAL MARKETS, INC., a Texas corporation, the principal sum of $47,905,000.00, with interest on the unpaid principal balance, as hereinafter provided.

AGREEMENT FOR PURCHASE AND SALE OF IMPROVED REAL PROPERTY THE RESIDENCE AT WATERSTONE PIKESVILLE, MARYLAND February 16, 2012
Agreement for Purchase and Sale • April 16th, 2012 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts • Maryland

THIS AGREEMENT FOR PURCHASE AND SALE OF IMPROVED REAL PROPERTY is made and entered into as of February 16, 2012 (“Effective Date”), by and between Avalon Village Green Associates, LLC, a Maryland limited liability company (“Seller”), and KBS Legacy Partners Pikesville LLC, a Delaware limited liability company (“Buyer”).

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