CONTRIBUTION AGREEMENT by and between LN Hospitality Denver, LLC, a Colorado limited liability company and Lodging Fund REIT III OP, LP, a Delaware limited partnership Dated as of September 1, 2020Contribution Agreement • November 12th, 2020 • Lodging Fund REIT III, Inc. • Real estate investment trusts • New York
This Contribution Agreement (this “Agreement”) is made and entered into as of September 1, 2020 (the “Effective Date”) by and between Lodging Fund REIT III OP, LP, a Delaware limited partnership (the “Operating Partnership”), and LN Hospitality Denver, LLC, a Colorado limited liability company (the “Contributor”).
AMENDED AND RESTATED TERM LOAN NOTETerm Loan Note • November 12th, 2020 • Lodging Fund REIT III, Inc. • Real estate investment trusts
FOR VALUE RECEIVED, LF3 SOUTHAVEN, LLC, a Delaware limited liability company and LF3 SOUTHAVEN TRS, LLC, a Delaware limited liability company (individually and collectively, “Borrower”), promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION, and its successors and assigns (“Lender”), at 1808 Aston Avenue, Suite 250, Carlsbad, California 92008 (or such other place as may be designated by Lender), the principal sum stated above as the Note Amount, with interest thereon, on the dates and at the rates and upon the terms and conditions specified below. This Amended and Restated Term Loan Note (this “Note”) is the Note referred to in the Loan Agreement dated as of February 21, 2020, as affected by that certain Forbearance Agreement entered into as of April 22, 2020 to be effective as of May 1, 2020, and as amended pursuant to that certain First Amendment to Loan Agreement dated as of the date hereof, between Borrower and Lender (as it may be amended, restated, supplemented,
FIRST AMENDMENT TO GUARANTYGuaranty • November 12th, 2020 • Lodging Fund REIT III, Inc. • Real estate investment trusts • New York
THIS FIRST AMENDMENT TO GUARANTY (this “Amendment”) is made and entered into effective as of August 14, 2020, between COREY R. MAPLE (the “Guarantor”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as lender (the “Lender”).
FIRST AMENDMENT TO GUARANTYGuaranty • November 12th, 2020 • Lodging Fund REIT III, Inc. • Real estate investment trusts • New York
THIS FIRST AMENDMENT TO GUARANTY (this “Amendment”) is made and entered into effective as of August 14, 2020, between COREY R. MAPLE (the “Guarantor”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as lender (the “Lender”).
FIRST AMENDMENT TO LOAN AGREEMENTLoan Agreement • November 12th, 2020 • Lodging Fund REIT III, Inc. • Real estate investment trusts • New York
THIS FIRST AMENDMENT TO LOAN AGREEMENT (this “Amendment”) is made and entered into effective as of August 14, 2020, between LF3 SOUTHAVEN, LLC, a Delaware limited liability company (the “Landlord Borrower”), LF3 SOUTHAVEN TRS, LLC, a Delaware limited liability company (the “Tenant Borrower” and, together with Landlord Borrower, individually and/or collectively, as the context may require, “Borrower”), COREY R. MAPLE (the “Guarantor”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as lender (the “Lender”).
FIRST AMENDMENT TO MANAGEMENT AGREEMENTManagement Agreement • November 12th, 2020 • Lodging Fund REIT III, Inc. • Real estate investment trusts
THIS FIRST AMENDMENT TO MANAGEMENT AGREEMENT (this “Amendment”) is made and entered into as of August 14, 2020 (the “Effective Date”), by and between LF3 Prattville TRS, LLC, a Delaware limited liability company (the “Owner”), and NHS LLC dba National Hospitality Services, a North Dakota limited liability company (the “Operator”).
FIRST AMENDMENT TO LOAN AGREEMENTLoan Agreement • November 12th, 2020 • Lodging Fund REIT III, Inc. • Real estate investment trusts • New York
THIS FIRST AMENDMENT TO LOAN AGREEMENT (this “Amendment”) is made and entered into effective as of August 14, 2020, between LF3 PRATTVILLE, LLC, a Delaware limited liability company (the “Landlord Borrower”), LF3 PRATTVILLE TRS, LLC, a Delaware limited liability company (the “Tenant Borrower” and, together with Landlord Borrower, individually and/or collectively, as the context may require, “Borrower”), COREY R. MAPLE (the “Guarantor”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as lender (the “Lender”).
