PAYMENT GUARANTYPayment Guaranty • November 13th, 2017 • Carey Watermark Investors 2 Inc • Real estate investment trusts • New York
THIS PAYMENT GUARANTY (this “Guaranty”) is made as of October 19, 2017 by CAREY WATERMARK INVESTORS 2 INC., a Maryland corporation having an address at 50 Rockefeller Plaza, 2nd Floor, New York, NY 10020 (“Guarantor”), in favor of W. P. CAREY INC., a Maryland corporation, having an address at 50 Rockefeller Plaza, 2nd Floor, New York, NY 10020 (“Lender”).
LOAN AGREEMENTLoan Agreement • November 13th, 2017 • Carey Watermark Investors 2 Inc • Real estate investment trusts • New York
THIS LOAN AGREEMENT (this “Agreement”), dated as of the date set forth on the cover page of this Agreement, is made by and between CWI 2 OP, LP, a Delaware limited partnership (“Borrower”), and W. P. CAREY INC., a Maryland corporation (“Lender”).
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • November 13th, 2017 • Carey Watermark Investors 2 Inc • Real estate investment trusts • New York
THIS PLEDGE AND SECURITY AGREEMENT (as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”), is made as of October 19, 2017, by CWI 2 OP, LP, a Delaware limited partnership, having an address at 50 Rockefeller Plaza, 2nd Floor, New York, NY 10020 (“Pledgor”) for the benefit of W. P. CAREY INC., a Maryland corporation having an address of 50 Rockefeller Plaza, 2nd Floor, New York, NY 10020 (together with its successors and assigns, collectively, “Lender”).
PROMISSORY NOTECarey Watermark Investors 2 Inc • November 13th, 2017 • Real estate investment trusts • New York
This Promissory Note (this “Note”) is secured by, among other things, the Pledge and Security Agreement, dated as of even date herewith given by Borrower to Lender (the “Pledge Agreement”), identifying this Note and the Loan Agreement as obligations secured thereby and encumbering the Collateral.
