CONSENT, AMENDMENT AND ASSUMPTION AGREEMENTConsent, Amendment and Assumption Agreement • March 25th, 2020 • Lodging Fund REIT III, Inc. • Real estate investment trusts
This Consent, Amendment and Assumption Agreement (this “Agreement”) is made as of January ___, 2020, by and among TREEMONT CAPITAL PARTNERS IV, LP, a Texas limited partnership (“Seller”), LF3 LUBBOCK EXPO, LLC, a Delaware limited liability company (“Fee Owner”) and LF3 LUBBOCK EXPO TRS, LLC, a Delaware limited liability company (“Operating Lessee”; together with Fee Owner, individually and collectively, jointly and severally, “Buyer”), PHILIP A. MCRAE, individually (“Original Guarantor”), LODGING FUND REIT III, INC., a Maryland corporation, and LODGING FUND REIT III OP, LP, a Delaware limited partnership (individually and collectively, “Guarantor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee for Morgan Stanley Capital I Trust 2019-H6, Commercial Mortgage Pass-Through Certificates, Series 2019-H6, acting by and through its Master Servicer, Midland Loan Services, a Division of PNC Bank, National Association (collectively referred to herein as “Lender”), with reference to the
TO -- PURCHASE AND SERVICING AGREEMENT DATED AS OF DECEMBER 1, 1994 AMONG AK STEEL CORPORATION, AS ORIGINATOR AND SERVICER, AK STEEL RECEIVABLES INC., AS TRANSFEROR THE PURCHASERS PARTY THERETO AND PNC BANK, OHIO, NATIONAL ASSOCIATION, AS L/C ISSUING...Consent, Amendment and Assumption Agreement • January 14th, 1997 • Ak Steel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ohio
