GUARANTY OF RECOURSE OBLIGATIONS AGREEMENTRecourse Obligations Agreement • May 26th, 2016 • Moody National REIT II, Inc. • Real estate investment trusts • New York
THIS GUARANTY OF RECOURSE OBLIGATIONS AGREEMENT (this “Guaranty”) is made as of May 24, 2016, by BRETT C. MOODY, an individual having an address at 6363 Woodway, Suite 110, Houston, Texas 77057 (“Moody Guarantor”), MOODY NATIONAL OPERATING PARTNERSHIP II, LP, a Delaware limited partnership, having an address at 6363 Woodway, Suite 110, Houston, Texas 77057 (“LP Guarantor”) and MOODY NATIONAL REIT II, INC., a Maryland corporation, having an address at 6363 Woodway, Suite 110, Houston, Texas 77057 (“REIT Guarantor”; together with Moody Guarantor and LP Guarantor, hereinafter referred to, individually and collectively, as the context may require, as “Guarantor”) in favor of KeyBank National Association, a national banking association, having an address at 127 Public Square, Cleveland, Ohio 44114, (together with its successors and assigns, “Lender”).
