HOTEL LEASE AGREEMENT EFFECTIVE November 7, 2012 BETWEEN Moody Wood-Hou Holding, LLC, a Delaware limited liability company AS LESSOR AND Moody Wood-Hou MT, LLC, a Delaware limited liability company AS LESSEEHotel Lease Agreement • November 15th, 2012 • Moody National REIT I, Inc. • Real estate investment trusts
THIS HOTEL LEASE AGREEMENT (hereinafter called “Lease”), effective as of the 7th day of November, 2012, by and between Moody National Wood-Hou Holding, LLC, a Delaware limited liability company (hereinafter called “Lessor”), and Moody National Wood-Hou MT, LLC, a Delaware limited liability company (hereinafter called “Lessee”), provides as follows:
HOTEL MANAGEMENT AGREEMENTHotel Management Agreement • November 15th, 2012 • Moody National REIT I, Inc. • Real estate investment trusts • Texas
This Hotel Management Agreement (“Agreement”) is made November 7, 2012 by and between MOODY NATIONAL WOOD-HOU MT, LLC, a Delaware limited liability company, whose principal place of business is 6363 Woodway, Suite 110, Houston, Texas 77057 (“Owner”), and MOODY NATIONAL HOSPITALITY MANAGEMENT, LLC, a Texas limited liability company, whose principal place of business is 6363 Woodway, Suite 110, Houston, Texas 77057 (“Manager”).
CONSENT, MODIFICATION AND ASSUMPTION AGREEMENT WITH RELEASEConsent, Modification and Assumption Agreement • November 15th, 2012 • Moody National REIT I, Inc. • Real estate investment trusts
This Consent, Modification and Assumption Agreement With Release (this “Agreement”) is entered into as of November 7, 2012, by and among WOODLANDS TERRAPIN INVESTORS I, LLC, WOODLANDS TERRAPIN INVESTORS II, LLC, WOODLANDS TERRAPIN INVESTORS III, LLC, 537 HOUSTON, LLC, MAVEN HOUSTON, LLC, MARC HOTEL HOUSTON, LLC, AND MIRIAM HOTEL HOUSTON, LLC, each a Texas limited liability company, jointly and severally as tenants in common (collectively, “Seller”), each with an address of 38 Miller Avenue, Suite 109, Mill Valley, California 94941, Attention: Anthony Jon Sherman, SHERMAN FAMILY TRUST DTD 4/22/03 TRUST, with an address of 38 Miller Avenue, Suite 109, Mill Valley, California 94941, MARC E. LIPTON LIVING TRUST, with an address of 18930 W. 10 Mile Road, Suite 3000, Southfield, Michigan 48075, MARC E. LIPTON, an individual with an address of 18930 W. 10 Mile Road, Suite 3000, Southfield, Michigan 48075, CRAIG S. LIPTON REVOCABLE TRUST DTD 3/22/04, with an address of 1138 Taylor Street, San
HAZARDOUS SUBSTANCES INDEMNITY AGREEMENTHazardous Substances Indemnity Agreement • November 15th, 2012 • Moody National REIT I, Inc. • Real estate investment trusts
THIS HAZARDOUS SUBSTANCES INDEMNITY AGREEMENT (this “Agreement”), made as of November 7, 2012, is by MOODY NATIONAL WOOD-HOU HOLDING, LLC, a Delaware limited liability company (“Borrower”), with an address of 6363 Woodway, Suite 110, Houston, Texas 77057, MOODY NATIONAL REIT I, INC., a Maryland corporation, MOODY NATIONAL OPERATING PARTNERSHIP I, L.P., a Delaware limited partnership, and BRETT C. MOODY, an individual (collectively, “Guarantors” or individually, a “Guarantor”), each with an address of 6363 Woodway, Suite 110, Houston, Texas 77057 (Borrower and Guarantors being referred to herein collectively as “Indemnitors” and individually as “Indemnitor”), in favor of U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE, SUCCESSOR-IN-INTEREST TO BANK OF AMERICA, N.A., AS TRUSTEE, SUCCESSOR BY MERGER TO LASALLE BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR THE REGISTERED HOLDERS OF J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2006-LDP9, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIE
SECURITY AGREEMENT (HOTEL/MOTEL)Security Agreement • November 15th, 2012 • Moody National REIT I, Inc. • Real estate investment trusts
THIS SECURITY AGREEMENT (“Security Agreement”) is made as of November 7, 2012, by MOODY NATIONAL WOOD-HOU MT, LLC, Delaware limited liability company (“Operating Tenant”), having its principal place of business at 6363 Woodway, Suite 110, Houston, Texas 77057, to U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE, SUCCESSOR-IN-INTEREST TO BANK OF AMERICA, NA, AS TRUSTEE, SUCCESSOR BY MERGER TO LASALLE BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR THE REGISTERED HOLDERS OF J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2006-LDP9, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-LDP9 (collectively referred to herein as “Lender”), with an address of c/o Midland Loan Services, 10851 Mastin, Suite 300, Overland Park, Kansas 66210.
ASSIGNMENT AND SUBORDINATION OF MANAGEMENT AGREEMENTAssignment and Subordination of Management Agreement • November 15th, 2012 • Moody National REIT I, Inc. • Real estate investment trusts
THIS ASSIGNMENT AND SUBORDINATION OF MANAGEMENT AGREEMENT (this “Assignment”), is made as of November 7, 2012, by MOODY NATIONAL WOOD-HOU MT, LLC, a Delaware limited liability company (“Lessee”), having an address at 6363 Woodway, Suite 110, Houston, Texas 77057, and MOODY NATIONAL HOSPITALITY MANAGEMENT, LLC, a Texas limited liability company, having an address at 6363 Woodway, Suite 110, Houston, Texas 77057 (“Agent”), and U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE, SUCCESSOR-IN-INTEREST TO BANK OF AMERICA, N.A., AS TRUSTEE, SUCCESSOR BY MERGER TO LASALLE BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR THE REGISTERED HOLDERS OF J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2006-LDP9, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-LDP9, whose address is c/o Midland Loan Services, 10851 Mastin, Suite 300, Overland Park, Kansas 66210 (including its successors, transferees and assigns, “Lender”).
INDEMNITY AND GUARANTY AGREEMENTIndemnity and Guaranty Agreement • November 15th, 2012 • Moody National REIT I, Inc. • Real estate investment trusts
THIS INDEMNITY AND GUARANTY AGREEMENT (this “Agreement”) is made as of November 7, 2012, by MOODY NATIONAL REIT I, INC., a Maryland corporation, MOODY NATIONAL OPERATING PARTNERSHIP I, L.P., a Delaware limited partnership, and BRETT C. MOODY, an individual (collectively, “Indemnitor”), each with an address of 6363 Woodway, Suite 110, Houston, Texas 77057 in favor of U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE, SUCCESSOR-IN-INTEREST TO BANK OF AMERICA, N.A., AS TRUSTEE, SUCCESSOR BY MERGER TO LASALLE BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR THE REGISTERED HOLDERS OF J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2006-LDP9, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2006-LDP9 (“Lender”), whose address is c/o Midland Loan Services, 10851 Mastin, Suite 300, Overland Park, Kansas 66210.
