0001341004-08-003143 Sample Contracts

SECOND AMENDMENT TO GUARANTY
Guaranty • December 23rd, 2008 • JER Investors Trust Inc • Real estate investment trusts • New York

This Second Amendment to Guaranty, dated as of December 17, 2008 (this “Second Amendment”) is by and between JER Investors Trust Inc., a Maryland corporation (the “Guarantor”) and J.P. Morgan Securities Inc. (“JPMSI”).

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GUARANTY
Guaranty • December 23rd, 2008 • JER Investors Trust Inc • Real estate investment trusts • New York

GUARANTY dated as of September 12, 2008 between JER Investors Trust Inc., a Maryland corporation (the "Guarantor") and J.P. Morgan Securities Inc. ("JPMSI").

Contract
Repurchase Agreement • December 23rd, 2008 • JER Investors Trust Inc • Real estate investment trusts • New York
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