Assignment of Mortgage and Pledge Agreement Sample Contracts

ASSIGNMENT OF MORTGAGE AND PLEDGE AGREEMENT
Assignment of Mortgage and Pledge Agreement • July 15th, 2011 • Resource Real Estate Opportunity REIT, Inc. • Real estate investment trusts • Pennsylvania

This ASSIGNMENT OF MORTGAGE AND PLEDGE AGREEMENT, dated as of June 17, 2011 (as amended, modified or supplemented from time to time, this “Agreement”), between RRE IROQUOIS HOLDINGS, LLC, the undersigned assignor and pledgor, a Delaware limited partnership (the “Pledgor”) having offices at One Crescent Drive, Suite 203, Philadelphia, PA 19112, and RESOURCE REAL ESTATE OPPORTUNITY ADVISOR, LLC, a Delaware limited liability company (together with its successors and assigns, the “Lender”) having offices at One Crescent Drive, Suite 203, Philadelphia, PA 19112. Except as otherwise defined herein, capitalized terms used herein and not defined herein shall have the definitions specified in the Note (as hereinafter defined).

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