Exhibit 99.3 LOAN # 3960002-9001 ASSIGNMENT OF ENGINEER CONTRACT, PLANS AND SPECIFICATIONS --------------------------------------------------------- AND CONSENT TO ASSIGNMENT ------------------------- FOR VALUE RECEIVED, BEHRINGER HARVARD NORTHWEST...Assignment of Engineer Contract • April 26th, 2005 • Behringer Harvard Short Term Opportunity Fund I Lp • Operators of nonresidential buildings
FOR VALUE RECEIVED, BEHRINGER HARVARD NORTHWEST HIGHWAY LP, a Texas limited partnership ("BORROWER") does hereby sell, assign, pledge, transfer and set over to THE FROST NATIONAL BANK ("LENDER"), all of its rights, title and interest in and to the following (collectively referred to hereinafter as the "PLANS"): (i) all architectural and engineering, and design work prepared by any civil engineering, landscape engineering, architectural and/or mechanical/electrical engineering or architectural firm in conjunction with the Improvements (hereinafter defined), (ii) any governmental permit for and/or relating to the Improvements, (iii) any surveys, plot plans, plats and other such survey or engineering items pertaining to the Improvements, (iv) any other plans, specifications, drawings, appraisals or sketches relating to the Improvements, and (v) the Engineering Contract (defined below), if any. This Assignment is made as security for the payment and performance of the Obligation, as define
