ENVIRONMENTAL INDEMNITY AGREEMENTEnvironmental Indemnity Agreement • October 3rd, 2007 • NNN Healthcare/Office REIT, Inc. • Real estate investment trusts • Ohio
This Environmental Indemnity Agreement (this “Agreement”), which is dated as of September 27, 2007, is executed by NNN HEALTHCARE/OFFICE REIT MARKET EXCHANGE, LLC, a Delaware limited liability company (“Borrower”), and NNN HEALTHCARE/OFFICE REIT, INC., a Maryland corporation (“Indemnitor”), as a condition of, and to induce WACHOVIA FINANCIAL SERVICES, INC., a North Carolina corporation (“Lender”), to make, a loan (the “Loan”) to Borrower evidenced or to be evidenced by a Promissory Note of even date herewith, made by Borrower payable to the order of Lender in the face principal amount of $14,500,000.00 (the “Note”). The Loan is secured or to be secured by an Open-End Mortgage, Assignment, Security Agreement and Fixture Filing (the “Mortgage”) of even date herewith, encumbering certain real and personal property as therein described (collectively, the “Property”), including the land described in Exhibit A which is attached hereto and made a part hereof.
REPAYMENT GUARANTYRepayment Guaranty • October 3rd, 2007 • NNN Healthcare/Office REIT, Inc. • Real estate investment trusts • Ohio
THIS REPAYMENT GUARANTY (this “Guaranty”) is made as of September 27, 2007, by NNN HEALTHCARE/OFFICE REIT, INC., a Maryland corporation (“Guarantor”) in favor of WACHOVIA FINANCIAL SERVICES, INC., a North Carolina corporation (“Lender”).
LOAN AGREEMENTLoan Agreement • October 3rd, 2007 • NNN Healthcare/Office REIT, Inc. • Real estate investment trusts • Ohio
This Loan Agreement is made as of September 27, 2007 by and between WACHOVIA FINANCIAL SERVICES, INC., a North Carolina corporation, whose address is Wachovia Bank, N.A., Real Estate Financial Services, General Banking Group, Mail Code: CA 6233, 15750 Alton Parkway, Irvine, California 92618 (“Lender”), and NNN HEALTHCARE/OFFICE REIT MARKET EXCHANGE, LLC, a Delaware limited liability company, whose address is c/o Triple Net Properties, LLC, 1551 N. Tustin Avenue, Suite 300, Santa Ana, California 92705 (“Borrower”).
OPEN-END MORTGAGE, ASSIGNMENT, SECURITY AGREEMENT AND FIXTURE FILINGNNN Healthcare/Office REIT, Inc. • October 3rd, 2007 • Real estate investment trusts
This Open End Mortgage, Assignment, Security Agreement and Fixture Filing is granted as of the 27th day of September, 2007, by NNN HEALTHCARE/OFFICE REIT MARKET EXCHANGE, LLC, a Delaware limited liability company (herein referred to as “Mortgagor”), whose address is c/o Triple Net Properties, LLC, 1551 N. Tustin Avenue, Suite 300, Santa Ana, California 92705, to WACHOVIA FINANCIAL SERVICES, INC. (“Mortgagee”), whose address is c/o Wachovia Bank, N.A., Real Estate Financial Services, General Banking Group, Mail Code: CA 6233, 15750 Alton Parkway, Irvine, California 92618.
