0000950123-10-117122 Sample Contracts

PROPERTY MANAGEMENT AGREEMENT
Property Management Agreement • December 29th, 2010 • Steadfast Income REIT, Inc. • Real estate investment trusts

THIS PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made and entered into as of December 22nd, 2010 (the “Effective Date”), by and between SIR PARK PLACE, LLC, an Illinois limited liability company (“Owner”), and STEADFAST MANAGEMENT CO., INC., a California corporation (“Manager”).

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LOAN AGREEMENT
Loan Agreement • December 29th, 2010 • Steadfast Income REIT, Inc. • Real estate investment trusts • Iowa

THIS LOAN AGREEMENT, dated as of the 22nd day of December, 2010 (as such agreement may be amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”), is between Ames Community Bank, with offices at 925 Gateway Drive, Grimes, Iowa 50111 (“Lender”), and SIR Park Place, LLC, with offices at 18100 Von Karman Avenue, Suite 500, Irvine, California (“Borrower”), and Steadfast Income REIT, Inc., a Maryland corporation, with offices at 18100 Von Karman Avenue, Suite 500, Irvine, California (“Guarantor”).

ASSIGNMENT OF MANAGEMENT AGREEMENT
Assignment of Management Agreement • December 29th, 2010 • Steadfast Income REIT, Inc. • Real estate investment trusts

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT (“Assignment”) is made and entered into as of this 22nd day of December, 2010, by SIR Park Place, LLC, an Iowa limited liability company, with offices at 18100 Von Karman Avenue, Suite 500, Irvine, California (“Borrower”) (“Borrower”), in favor of Ames Community Bank, with offices at 925 Gateway Drive, Grimes, Iowa 50111 (“Lender”).

GUARANTY
Guaranty • December 29th, 2010 • Steadfast Income REIT, Inc. • Real estate investment trusts • Iowa

THIS GUARANTY is executed as of the 22nd day of December, 2010, by Steadfast Income REIT, Inc., a Maryland corporation, with offices at 18100 Von Karman Avenue, Suite 500, Irvine, California (“Guarantor”) for the benefit of Ames Community Bank, with offices at 925 Gateway Drive, Grimes, Iowa 50111 (“Lender”).

ENVIRONMENTAL AND HAZARDOUS SUBSTANCE INDEMNIFICATION AGREEMENT
Environmental and Hazardous Substance Indemnification Agreement • December 29th, 2010 • Steadfast Income REIT, Inc. • Real estate investment trusts • Iowa

THIS ENVIRONMENTAL AND HAZARDOUS SUBSTANCE INDEMNIFICATION AGREEMENT (this “Agreement”), made as of the 22nd day of December 2010, by and between SIR Park Place, LLC, with offices at 18100 Von Karman Avenue, Suite 500, Irvine, California (“Borrower” and/or “Indemnitor”), and Ames Community Bank, with offices at 925 Gateway Drive, Grimes, Iowa 50111 (“Indemnitee”) and other Indemnified Parties (as defined below).

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