LOAN ASSUMPTION AGREEMENTLoan Assumption Agreement • March 20th, 2014 • Rexford Industrial Realty, Inc. • Real estate investment trusts
Contract Type FiledMarch 20th, 2014 Company IndustryTHIS LOAN ASSUMPTION AGREEMENT (this “Agreement”) is made and entered into as of November 8, 2013 (the “Effective Date”) by and between GILBERT LA PALMA PROPERTIES, LLC, a California limited liability company (“Prior Owner”), REXFORD INDUSTRIAL-GILBERT LAPALMA, LLC, a Delaware limited liability company (“Borrower”) and AMERICAN SECURITY INSURANCE COMPANY, a Delaware corporation (“Lender”).