0001144204-16-138393 Sample Contracts

LIMITED LIABILITY COMPANY AGREEMENT OF BR ROSWELL, LLC
Limited Liability Company Agreement • December 7th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts • Delaware

THIS LIMITED LIABILITY COMPANY AGREEMENT of BR ROSWELL, LLC, a Delaware limited liability company (the “Company”), as amended from time to time, (the "Agreement") is entered into among BR Hawthorne Springhouse JV, LLC, a Delaware limited liability company, the sole member of the Company (the "Member"), Michael L. Konig (“Springing Member 1”), and Jordan B. Ruddy (“Springing Member 2” and together with Springing Member 1, the “Springing Members”).

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PROPERTY MANAGEMENT AGREEMENT dated as of December 1, 2016 between BR ROSWELL, LLC Owner and CARROLL MANAGEMENT GROUP, LLC Manager PROPERTY MANAGEMENT AGREEMENT
Property Management Agreement • December 7th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts

THIS PROPERTY MANAGEMENT AGREEMENT (this "Agreement") is made as of December 1, 2016 (the “Effective Date”), by and between BR ROSWELL, LLC, a Delaware limited liability company ("Owner"), and CARROLL MANAGEMENT GROUP, LLC, a Georgia limited liability company ("Manager").

GUARANTY OF RECOURSE OBLIGATIONS
Bluerock Residential Growth REIT, Inc. • December 7th, 2016 • Real estate investment trusts • Georgia

THIS GUARANTY OF RECOURSE OBLIGATIONS (this “Guaranty”) is executed as of December 1, 2016, by BLUEROCK RESIDENTIAL GROWTH REIT, INC., a Maryland corporation (“Guarantor”), in favor of METLIFE HCMJV 1 REIT, LLC, a Delaware limited liability company (“Lender”), with reference to the following facts:

FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • December 7th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts • Georgia

THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT (the “Amendment”) is made and entered into this 19th day of September, 2016, (the “First Amendment Effective Date”), by and between GGT LMI CITY WALK GA, LLC, a Delaware limited liability company (“Seller”), and BLUEROCK REAL ESTATE, LLC, a Delaware limited liability company (“Purchaser”).

AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF BR HAWTHORNE SPRINGHOUSE JV, LLC A DELAWARE LIMITED LIABILITY COMPANY
Limited Liability Company Agreement • December 7th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts • New York

This Amended and Restated Limited Liability Company Agreement (this “Agreement”) is adopted, executed and agreed to effective on December 1, 2016, by and among BR Springhouse Managing Member, LLC, a Delaware limited liability company (“BR I”); BR Springhouse TRS, LLC, a Delaware limited liability company (“BR II”), and Carroll Co-Invest IV Roswell, LLC, a Georgia limited liability company (“Carroll Member”), as Members (together, the “Members”), and BR I, as Manager.

BR SPRINGHOUSE MANAGING MEMBER, LLC ASSIGNMENT OF MEMBERSHIP INTEREST
Bluerock Residential Growth REIT, Inc. • December 7th, 2016 • Real estate investment trusts

Effective as of the 2nd day of April, 2014, for value received, BLUEROCK SPECIAL OPPORTUNITY + INCOME FUND, LLC, a Delaware limited liability company (“Assignor”), a member of BR SPRINGHOUSE MANAGING MEMBER, LLC, a Delaware limited liability company (the "Company”), hereby sells, assigns and transfers unto BEMT SPRINGHOUSE, LLC, a Delaware limited liability company, (“Assignee”), all of its right, title, and interest to its forty nine percent (49%) limited liability company interest in the Company, together with any and all claims, title, interests, entitlements, capital account balances, distributions, and other rights related to such limited liability company interest (the “Interest”). Assignee hereby accepts from Assignor the Interest and agrees to be substituted as a member in the Company in the place and stead of Asssignor with respect to the Interest assigned to and accepted by Assignee as provided herein.

UNSECURED INDEMNITY AGREEMENT DEFINED TERMS
Indemnity Agreement • December 7th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts
ASSIGNMENT OF PURCHASE AND SALE AGREEMENT
Assignment of Purchase and Sale • December 7th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts

THIS ASSIGNMENT OF PURCHASE AND SALE AGREEMENT (this “Assignment”) is made this 1st day of December, 2016, by and between BLUEROCK REAL ESTATE, LLC, a Delaware limited liability company (“Assignor”); and BR ROSWELL, LLC, a Delaware limited liability company (“Assignee”).

LIMITED LIABILITY COMPANY AGREEMENT OF BEMT SPRINGHOUSE, LLC
Limited Liability Company Agreement • December 7th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts • Delaware

THIS LIMITED LIABILITY AGREEMENT (“Agreement”) of BEMT Springhouse, LLC, a Delaware limited liability company (the “Company”), is effective as of December 3, 2009, between the Company and Bluerock Enhanced Multifamily Holdings, L.P., a Delaware limited partnership, as the sole member of the Company (the “Member”).

ASSIGNMENT AND SUBORDINATION OF MANAGEMENT AGREEMENT
Assignment and Subordination of Management Agreement • December 7th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts • Georgia

THIS ASSIGNMENT AND SUBORDINATION OF MANAGEMENT AGREEMENT (this “Agreement”) is made as of this 1st day of December, 2016, by Carroll Management Group, LLC, a Georgia limited liability company (“Manager”), and BR ROSWELL, LLC, a Delaware limited liability company (“Owner”), to and for the benefit of METLIFE HCMJV 1 REIT, LLC, a Delaware limited liability company (“MetLife”), with reference to the following facts and circumstances:

SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT (ROSWELL CITY WALK)
Purchase and Sale Agreement • December 7th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts

This SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “Second Amendment”) is made and entered into as of September 30, 2016 (“Second Amendment Effective Date”), by and between GGT LMI CITY WALK GA, LLC, a Delaware limited liability company (“Seller”) and BLUEROCK REAL ESTATE, LLC, a Delaware limited liability company (“Purchaser”).

Sale of Roswell City Walk Apartments Purchase and Sale Agreement Between GGT LMI City Walk GA, LLC, a Delaware Limited Liability Company, as Seller and Bluerock Real Estate, LLC, a Delaware Limited Liability Company, as Purchaser Effective Date:...
Assignment and Assumption Agreement • December 7th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts • Georgia

This Purchase and Sale Agreement (this “Agreement”) is made and entered into as of the date set forth on the cover page hereof (the “Effective Date”), by and between GGT LMI CITY WALK GA, LLC, a Delaware limited liability company (“Seller”), and BLUEROCK REAL ESTATE, LLC, a Delaware limited liability company (“Purchaser”).

RECORDING REQUESTED
Bluerock Residential Growth REIT, Inc. • December 7th, 2016 • Real estate investment trusts
THIRD AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • December 7th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts • Georgia

THIS THIRD AMENDMENT TO PURCHASE AND SALE AGREEMENT (the “Amendment”) is made and entered into this 3rd day of November, 2016, (the “Third Amendment Effective Date”), by and between GGT LMI CITY WALK GA, LLC, a Delaware limited liability company (“Seller”), and BLUEROCK REAL ESTATE, LLC, a Delaware limited liability company (“Purchaser”).

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