GUARANTY AGREEMENTGuaranty Agreement • February 13th, 2015 • Talon Real Estate Holding Corp. • Real estate investment trusts • New York
This Guaranty Agreement (“Guaranty”) dated January 30, 2015 is made effective as of February 10, 2015, from the undersigned TALON REAL ESTATE HOLDING CORP., a Utah corporation, having a principal office or place of business at 5500 Wayzata Blvd., Suite 1070, Minneapolis, MN 55416 (the “Guarantor”) to US INCOME PARTNERS, LLC, having a mailing address of 3445 Winton Place, Suite 228, Rochester, NY 14623 (“Lender”).
ContractTalon Real Estate Holding Corp. • February 13th, 2015 • Real estate investment trusts
THIS MORTGAGE AND THE RIGHTS OF MORTGAGEE HEREUNDER ARE SUBORDINATE IN THE MANNER AND TO THE EXTENT SET FORTH IN THAT CERTAIN SUBORDINATION AND INTERCREDITOR AGREEMENT (THE “SUBORDINATION AGREEMENT”) DATED AS OF FEBRUARY 10, 2015, AMONG US INCOME PARTNERS, LLC, BELL STATE BANK & TRUST, TALON BREN ROAD, LLC, TALON OP, L.P. AND TALON REAL ESTATE HOLDING CORP.; AND EACH HOLDER AND ASSIGNEE OF US INCOME PARTNERS, LLC OF THIS MORTGAGE, BY ITS ACCEPTANCE HEREOF, SHALL BE BOUND BY THE PROVISIONS OF THE SUBORDINATION AGREEMENT.
