0000891804-10-001032 Sample Contracts

LIMITED LIABILITY COMPANY/JOINT VENTURE AGREEMENT OF BR HAWTHORNE SPRINGHOUSE JV, LLC A DELAWARE LIMITED LIABILITY COMPANY DATED AS OF DECEMBER [3], 2009
Limited Liability Company Agreement • March 3rd, 2010 • Bluerock Enhanced Multifamily Trust, Inc. • Real estate investment trusts • New York

THIS LIMITED LIABILITY COMPANY AGREEMENT of BR HAWTHORNE SPRINGHOUSE JV, LLC (“JV” or “Company”) is made and entered into and is effective as of December [3], 2009, by and between BR Springhouse Managing Member, LLC (“Bluerock”) and Hawthorne Springhouse, LLC, a North Carolina limited liability company (“Hawthorne”) (this “Agreement”). Capitalized terms used herein shall have the meanings ascribed to such terms in this Agreement.

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Security Agreement • March 3rd, 2010 • Bluerock Enhanced Multifamily Trust, Inc. • Real estate investment trusts
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PLEDGE AND SECURITY AGREEMENT
Pledge and Security Agreement • March 3rd, 2010 • Bluerock Enhanced Multifamily Trust, Inc. • Real estate investment trusts • New York

This PLEDGE AND SECURITY AGREEMENT (this “Agreement”), dated as of December 3, 2009, made by Bluerock Enhanced Multifamily Holdings, L.P., a Delaware limited partnership (“BEMHLP”) and BEMT Springhouse, LLC, a Delaware limited liability company (“BEMT”) for Bluerock Special Opportunity + Income Fund, LLC, a Delaware limited liability company (the “SOIF”), recites and provides:

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Contract
Property Management Agreement • March 3rd, 2010 • Bluerock Enhanced Multifamily Trust, Inc. • Real estate investment trusts
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PLEDGE AND SECURITY AGREEMENT
Pledge and Security Agreement • March 3rd, 2010 • Bluerock Enhanced Multifamily Trust, Inc. • Real estate investment trusts • New York
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