UNSECURED PROMISSORY NOTE (this “Note”)Unsecured Promissory Note • September 11th, 2007 • NNN Healthcare/Office REIT, Inc. • Real estate investment trusts
FOR VALUE RECEIVED, NNN Healthcare/Office REIT Holdings, L.P., a Delaware limited partnership (“Borrower”), unconditionally promises to pay NNN Realty Advisors, Inc., a Delaware corporation (“Lender”), in the manner and at the place hereinafter provided, the principal amount of Six Million One Hundred Thousand Dollars ($6,100,000).
PURCHASE AGREEMENTPurchase Agreement • September 11th, 2007 • NNN Healthcare/Office REIT, Inc. • Real estate investment trusts • California
Triple Net Properties, LLC, a Virginia limited liability company, or its permitted assignee(s) hereunder shall be hereafter referred to as “Buyer”.
ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENTAssignment and Assumption of Purchase Agreement • September 11th, 2007 • NNN Healthcare/Office REIT, Inc. • Real estate investment trusts
THIS ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT (this “Assignment”) dated as of September 5, 2007, is made and entered into by and between TRIPLE NET PROPERTIES, LLC, a Virginia limited liability company (“Assignor”), and NNN HEALTHCARE/OFFICE REIT ST. MARY PHYSICIAN CENTER, LLC, a Delaware limited liability company (“Assignee”), with reference to the following Recitals:
NOTE SECURED BY DEED OF TRUST LOS ANGELES, CALIFORNIA SEPTEMBER 5, 2007 PRINCIPAL AMOUNT: $8,280,000NNN Healthcare/Office REIT, Inc. • September 11th, 2007 • Real estate investment trusts
This Note is secured by that certain Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing of even date herewith (the “Deed of Trust”), made by Borrower, as Trustor, for the benefit of Lender, as Beneficiary. Capitalized terms not otherwise defined herein shall have the meaning given to such terms in the Deed of Trust and the other Loan Documents associated with this Note.
