ASSIGNMENT AND ASSUMPTION OF LEASE AND SECURITY DEPOSITSAssignment and Assumption of Lease and Security Deposits • August 29th, 2024 • Generation Income Properties, Inc. • Real estate investment trusts
THIS ASSIGNMENT AND ASSUMPTION OF LEASE AND SECURITY DEPOSITS (“Assignment”) is made and entered into as of the 23 day of August, 2024, by and between DUFF DANIELS, L.L.C., an Iowa limited liability company, as tenant in common holding a 65% interest, WESTBROOKE DANIELS, L.L.C., an Iowa limited liability company, as tenant in common holding a 10.21% interest, and WESTBROOKE WOLF, L.L.C., an Iowa limited liability company, as tenant in common holding a 24.79% interest (collectively, “Assignor”), and GIPIA 1220 S DUFF AVENUE, LLC, a Delaware limited liability company (“Assignee”).
