LOAN AGREEMENT Dated as of November 22, 2004 Between MAGUIRE PROPERTIES-IRVINE MV CAMPUS, LLC, as Borrower and COLUMN FINANCIAL, INC., as LenderLoan Agreement • November 24th, 2004 • Maguire Properties Inc • Real estate investment trusts • New York
THIS LOAN AGREEMENT, dated as of November 22, 2004 (as amended, restated, replaced, supplemented, renewed, extended or otherwise modified from time to time, this "Agreement"), between COLUMN FINANCIAL, INC., a Delaware corporation having an address at 11 Madison Avenue, New York, New York 10010 ("Lender"), and MAGUIRE PROPERTIES-IRVINE MV CAMPUS, LLC, a Delaware limited liability company, having its principal place of business and chief executive office at 333 South Grand Avenue, Suite 400, Los Angeles, CA 90071 ("Borrower").
MAGUIRE PROPERTIES - IRVINE MV CAMPUS, LLC, as Borrower (Borrower) to COMMONWEALTH LAND TITLE INSURANCE COMPANY, as Trustee (Trustee) for the benefit of COLUMN FINANCIAL, INC., as Lender (Lender) DEED OF TRUST AND SECURITY AGREEMENTDeed of Trust and Security Agreement • November 24th, 2004 • Maguire Properties Inc • Real estate investment trusts
THIS DEED OF TRUST AND SECURITY AGREEMENT (this "Security Instrument") is made as of this 22nd day of November, 2004, by MAGUIRE PROPERTIES-IRVINE MV CAMPUS, LLC, a Delaware limited liability company, having an address at 333 South Grand Avenue, Los Angeles, California 90071, as grantor ("Borrower") to COMMONWEALTH LAND TITLE INSURANCE COMPANY, a Pennsylvania corporation, the trustee hereunder, having its mailing address at 888 West 6th Street, 4th floor, Los Angeles, California 90017 ("Trustee") for the benefit of COLUMN FINANCIAL, INC., a Delaware corporation, having an address at 11 Madison Avenue, New York, New York 10010, as beneficiary ("Lender").
PROMISSORY NOTEPromissory Note • November 24th, 2004 • Maguire Properties Inc • Real estate investment trusts • New York
FOR VALUE RECEIVED MAGUIRE PROPERTIES-IRVINE MV CAMPUS, LLC, a Delaware limited liability company, having an address at 333 South Grand Avenue, Los Angeles, California 90071, as maker ("Borrower"), hereby unconditionally promises to pay to the order of COLUMN FINANCIAL, INC., a Delaware corporation, as payee, having an address at 11 Madison Avenue, New York, New York 10010 ("Lender"), or at such other place as the holder hereof may from time to time designate in writing, the principal sum of One Hundred Six Million And No/100 Dollars ($106,000,000.00), in lawful money of the United States of America with interest thereon to be computed from the date of this Note at the Applicable Interest Rate, and to be paid in accordance with the terms of this Note and that certain Loan Agreement, dated the date hereof, between Borrower and Lender (as the same may be amended, restated, replaced, supplemented, renewed, extended or otherwise modified from time to time, the "Loan Agreement"). All capita
PROMISSORY NOTEPromissory Note • November 24th, 2004 • Maguire Properties Inc • Real estate investment trusts
FOR VALUE RECEIVED, the undersigned, MAGUIRE PROPERTIES, L.P., a Maryland limited partnership (the "Maker"), promises to pay to the order of WMICC Delaware Holdings LLC, a Delaware limited liability company ("Seller"), or its successors, assigns or transferees (the initial holder hereof and any such successors, assigns or transferees being collectively referred to herein as the "Holder") without offset or counterclaim, at c/o Washington Mutual Bank, FA, 1111 Third Street, Suite 2900, Seattle, Washington 98101, Attention: Debra Coates, or at such other place as the Holder of this Promissory Note (this "Note") may from time to time designate, in immediately available funds, the principal sum of Forty-Five Million Two Hundred Thousand Dollars ($45,200,000), with simple interest on the unpaid principal balance from time to time outstanding at the rate of Two and 82/100 percent (2.82%) per annum, commencing on the date hereof and continuing until paid. The principal balance plus all accrued
GUARANTY AGREEMENTGuaranty Agreement • November 24th, 2004 • Maguire Properties Inc • Real estate investment trusts • New York
THIS GUARANTY AGREEMENT (this "Guaranty") is executed as of November 22, 2004, by MAGUIRE PROPERTIES, L.P., a Maryland limited partnership, having an address at 333 South Grand Avenue, Los Angeles, California 90071 ("Guarantor"), for the benefit of COLUMN FINANCIAL, INC., a Delaware corporation, having an address at 11 Madison Avenue, New York, New York 10010 ("Lender").
