0001568162-20-000007 Sample Contracts

FIRST AMENDMENT to PROPERTY MANAGEMENT AND SERVICING AGREEMENT
Management and Servicing Agreement • February 27th, 2020 • American Finance Trust, Inc • Real estate investment trusts • New York

This FIRST AMENDMENT to PROPERTY MANAGEMENT AND SERVICING AGREEMENT (this "Amendment"), is entered into as of February 3, 2020 among AFN ABSPROP001, LLC, AFN ABSPROP001-A, LLC and AFN ABSPROP001-B, LLC, each as an issuer (each, an "Issuer" and collectively, the "Issuers"), AMERICAN FINANCE PROPERTIES, LLC, as property manager and special servicer (together with its successors in such capacities, the "Property Manager" and "Special Servicer," respectively), CITIBANK, N.A., not individually but solely as indenture trustee (together with its successors in such capacity, the "Indenture Trustee") and KEYBANK NATIONAL ASSOCIATION, as back-up manager (together with its successors in such capacity, the "Back-Up Manager") under the Property Management Agreement (as defined below), recites and provides as follows:

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PROPERTY MANAGEMENT AND LEASING AGREEMENT
Management and Leasing Agreement • February 27th, 2020 • American Finance Trust, Inc • Real estate investment trusts • New York

This Property Management and Leasing Agreement (this “Management Agreement”) is made and entered into as of December 18, 2019 (the “Effective Date”), by and among the parties identified on Exhibit A attached hereto (collectively, “Owner”), and AMERICAN FINANCE PROPERTIES, LLC, a Delaware limited liability company (the “Manager”).

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