0001335732-09-000012 Sample Contracts

ADVISORY AGREEMENT
Advisory Agreement • December 22nd, 2009 • United Development Funding IV • Real estate investment trusts • Texas

This ADVISORY AGREEMENT (this “Agreement”) is entered into on this the 12th day of November, 2009; by and between UNITED DEVELOPMENT FUNDING IV, a Maryland real estate investment trust (the “Trust”), and UMTH GENERAL SERVICES, L.P., a Delaware limited partnership (the “Advisor”).

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AGREEMENT OF LIMITED PARTNERSHIP OF UNITED DEVELOPMENT FUNDING IV OPERATING PARTNERSHIP, L.P. July 9, 2008
Limited Partnership Agreement • December 22nd, 2009 • United Development Funding IV • Real estate investment trusts • Delaware

This Agreement of Limited Partnership (this “Agreement”) is entered into effective as of the 9th day of July, 2008, by and among United Development Funding IV, a Maryland real estate investment trust, UMTH Land Development, L.P., a Delaware limited partnership (the “Original Limited Partner”), and the Limited Partner(s) set forth or which may, in the future, be set forth on Exhibit A hereto, as amended from time to time.

PARTICIPATION AGREEMENT BY AND AMONG UNITED DEVELOPMENT FUNDING, L.P., UNITED DEVELOPMENT FUNDING II, L.P., UNITED DEVELOPMENT FUNDING III, L.P., UNITED DEVELOPMENT FUNDING LAND OPPORTUNITY FUND, L.P., UNITED DEVELOPMENT FUNDING IV AND UMTH LAND...
Participation Agreement • December 22nd, 2009 • United Development Funding IV • Real estate investment trusts • Texas

This Participation Agreement (the “Agreement”) is executed this 12th day of November, 2009, by and among United Development Funding, L.P., a Delaware limited partnership, (“UDF I”), United Development Funding II, L.P., a Delaware limited partnership (“UDF II”), United Development Funding III, L.P., a Delaware limited partnership (“UDF III”), United Development Funding Land Opportunity Fund, L.P., a Delaware limited partnership (“UDF LOF”), United Development Funding IV, a Maryland real estate investment trust (“UDF IV,” and together with UDF I, UDF II, UDF III and UDF LOF, the “UDF Funds”), and UMTH Land Development, L.P., a Delaware limited partnership (“UMTH LD”).

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