0001193125-13-041312 Sample Contracts

ADVISORY AGREEMENT between KBS LEGACY PARTNERS APARTMENT REIT, INC. and KBS CAPITAL ADVISORS LLC January 25, 2013
Advisory Agreement • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts • Delaware

This Advisory Agreement, dated as of January 25, 2013 (the “Agreement”), is between KBS Legacy Partners Apartment REIT, Inc., a Maryland corporation (the “Company”), and KBS Capital Advisors LLC, a Delaware limited liability company (the “Advisor”).

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DAKOTA HILL APARTMENTS, IRVING, TEXAS PROPERTY MANAGEMENT AGREEMENT BETWEEN MILESTONE MANAGEMENT, L.P., AND KBS LEGACY PARTNERS DAKOTA HILL LLC
Property Management Agreement • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made as of October 26, 2010 (the “Effective Date”) between MILESTONE MANAGEMENT, L.P., a Delaware limited partnership, doing business in Texas as TMG Milestone Management, L.P. (“Property Manager”), and KBS Legacy Partners Dakota Hill LLC, a Delaware limited liability company (“Owner”).

WESLEY VILLAGE APARTMENTS, CHARLOTTE, NORTH CAROLINA PROPERTY MANAGEMENT – ACCOUNT SERVICES AGREEMENT BETWEEN LEGACY PARTNERS RESIDENTIAL L.P. AND KBS LEGACY PARTNERS WESLEY LLC
Property Management Agreement • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

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

ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENT
Assignment and Assumption of Purchase and Sale Agreement • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This Assignment and Assumption of Purchase and Sale Agreement (“Assignment”) is entered into between KBS Capital Advisors LLC, a Delaware limited liability company (“Assignor”), and KBS Legacy Partners Wesley LLC, a Delaware limited liability company (“Wesley Assignee”), and KBS Legacy Partners Wesley Land LLC, a Delaware limited liability company (“Land Assignee”, and collectively with Wesley Assignee, the “Assignees”), as of October 22, 2012 at 8:00 am Pacific Time (the “Effective Date”).

PURCHASE AND SALE AGREEMENT by and between WESLEY VILLAGE DEVELOPMENT, LP, a Delaware limited partnership and KBS-LEGACY APARTMENT COMMUNITY REIT VENTURE, LLC, a Delaware limited liability company Property Name: Wesley Village Apartments Location:...
Purchase and Sale Agreement • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made to be effective as of October 12, 2012 (the “Effective Date”), by and between WESLEY VILLAGE DEVELOPMENT, LP, a Delaware limited partnership (“Seller”), and KBS-LEGACY APARTMENT COMMUNITY REIT VENTURE, LLC, a Delaware limited liability company (“Buyer”).

ASSIGNMENT AND ASSUMPTION OF SALE, PURCHASE AND ESCROW AGREEMENT
Assignment and Assumption of Sale, Purchase and Escrow Agreement • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This Assignment and Assumption of Sale, Purchase and Escrow Agreement (“Assignment”) is entered into between KBS-Legacy Apartment Community REIT Venture, LLC, a Delaware limited liability company (“Assignor”), and KBS Capital Advisors LLC, a Delaware limited liability company (“Assignee”), as of December 12, 2012 (the “Effective Date”).

LIMITED GUARANTY
Limited Guaranty • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts • Minnesota

This LIMITED GUARANTY (this “Guaranty”) is made and entered into as of January 15, 2015, by KBS LEGACY PARTNERS PROPERTIES LLC, a Delaware limited liability company (“Guarantor”), for the benefit of FIREMAN’S FUND INSURANCE COMPANY, a California corporation (together with its successors and assigns, “Fireman’s Fund”) and ALLIANZ GLOBAL RISKS US INSURANCE COMPANY, a California corporation, (together with its successors and assigns, “Allianz” and, together with Fireman’s Fund, “Lender”) each having a business and mailing address at c/o Allianz of America, Inc., 55 Green Farms Road, P.O. Box 5160, Westport, Connecticut 06881-5160, Attn: Real Estate Department.

FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “Amendment”) is made as of October 31, 2012 (the “Effective Date”) by and between KBS Legacy Partners Wesley LLC and KBS Legacy Partners Wesley Land LLC (collectively, “Buyer”) and Wesley Village Development, LP, a Delaware limited partnership (“Seller”).

KBS LEGACY PARTNERS WATERTOWER LLC (Borrower) to FIREMAN’S FUND INSURANCE COMPANY and ALLIANZ GLOBAL RISKS US INSURANCE COMPANY (together, Lender) MORTGAGE, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING This document serves as...
Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This MORTGAGE, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING (this “Security Instrument”) is made as of January 15, 2013 by KBS LEGACY PARTNERS WATERTOWER LLC, a Delaware limited liability company, having its principal place of business at 620 Newport Center Drive, Suite 1300, Newport Beach, California 92660 (hereinafter referred to as “Borrower”), to FIREMAN’S FUND INSURANCE COMPANY, a California corporation (together with its successors and assigns, “Fireman’s Fund”) and ALLIANZ GLOBAL RISKS US INSURANCE COMPANY, a California corporation, (together with its successors and assigns, “Allianz” and, together with Fireman’s Fund, “Lender”) each having a business and mailing address at c/o Allianz of America, Inc., 55 Green Farms Road, P.O. Box 5160, Westport, Connecticut 06881-5160, Attn: Real Estate Department.

ASSIGNMENT AND ASSUMPTION OF SALE, PURCHASE AND ESCROW AGREEMENT
Assignment and Assumption of Sale, Purchase and Escrow Agreement • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This Assignment and Assumption of Sale, Purchase and Escrow Agreement (“Assignment”) is entered into between KBS Capital Advisors LLC, a Delaware limited liability company (“Assignor”), and KBS Legacy Partners Watertower LLC, a Delaware limited liability company (“Assignee”), as of December 12, 2012 (the “Effective Date”).

AMENDMENT NO. 1 TO THE ADVISORY AGREEMENT
Advisory Agreement • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This amendment no. 1 to the Advisory Agreement, dated as of January 25, 2012 (the “Advisory Agreement”), between KBS Legacy Partners Apartment REIT, Inc., a Maryland corporation (the “Company”), and KBS Capital Advisors LLC, a Delaware limited liability company (the “Advisor”), is entered as of January 8, 2013 (the “Amendment”). Capitalized terms used herein but not defined shall have the meaning set forth in the Advisory Agreement.

FIRST AMENDMENT TO SALE, PURCHASE AND ESCROW AGREEMENT
Sale, Purchase and Escrow Agreement • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

THIS FIRST AMENDMENT TO SALE, PURCHASE AND ESCROW AGREEMENT (“Amendment”) is made and entered into as of December 7, 2012 by and between EDEN PRAIRIE WATERTOWER, LLC a Delaware limited liability company (“Seller”) and KBS-LEGACY APARTMENT COMMUNITY REIT VENTURE, LLC, a Delaware limited liability company (“Purchaser”, and together with Seller, each a “Party”; and together the “Parties”).

ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENT
Assignment and Assumption of Purchase and Sale Agreement • February 6th, 2013 • KBS Legacy Partners Apartment REIT, Inc. • Real estate investment trusts

This Assignment and Assumption of Purchase and Sale Agreement (“Assignment”) is entered into between KBS-Legacy Apartment Community REIT Venture, LLC, a Delaware limited liability company (“Assignor”), and KBS Capital Advisors LLC, a Delaware limited liability company (“Assignee”), as of October 22, 2012 at 8:00 am Pacific Time (the “Effective Date”).

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