0001468010-12-000042 Sample Contracts

PROPERTY MANAGEMENT AGREEMENT
Property Management Agreement • May 2nd, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts

THIS PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made and entered into as of April 26, 2012 (the “Effective Date”), by and between SIR MONTCLAIR PARC, a Delaware limited liability company (“Owner”), and STEADFAST MANAGEMENT COMPANY, INC., a California corporation (“Manager”).

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MULTIFAMILY LOAN AND SECURITY AGREEMENT
Multifamily Loan and Security Agreement • May 2nd, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts
ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT
Security Agreement • May 2nd, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts

This MULTIFAMILY MORTGAGE, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING (as amended, restated, replaced, supplemented, or otherwise modified from time to time, the “Security Instrument”) dated as of April 26, 2012, is executed by SIR MONTCLAIR PARC, LLC, a limited liability company organized and existing under the laws of Delaware, to and for the benefit of PNC BANK, NATIONAL ASSOCIATION, a national banking association, as mortgagee (“Lender”).

GUARANTY OF NON-RECOURSE OBLIGATIONS
Guaranty of Non-Recourse Obligations • May 2nd, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts

This GUARANTY OF NON-RECOURSE OBLIGATIONS (this “Guaranty”), dated as of April 26, 2012, is executed by the undersigned (“Guarantor”), to and for the benefit of PNC BANK, NATIONAL ASSOCIATION, a national banking association (“Lender”).

ENVIRONMENTAL INDEMNITY AGREEMENT
Environmental Indemnity Agreement • May 2nd, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts

This ENVIRONMENTAL INDEMNITY AGREEMENT (this “Agreement”), dated as of April 26, 2012, is executed by SIR MONTCLAIR PARC, LLC, a Delaware limited liability company (“Borrower”), to and for the benefit of PNC BANK, NATIONAL ASSOCIATION, a national banking association (“Lender”).

ASSIGNMENT OF MANAGEMENT AGREEMENT
Assignment of Management Agreement • May 2nd, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts

This ASSIGNMENT OF MANAGEMENT AGREEMENT (this “Assignment”) dated as of April 26, 2012, is executed by and among (i) SIR MONTCLAIR PARC, LLC, a Delaware limited liability company (“Borrower”), (ii) PNC BANK, NATIONAL ASSOCIATION, a national banking association (“Lender”), and (iii) STEADFAST MANAGEMENT COMPANY, INC., a California corporation (“Manager”).

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