Certain information in this document has been omitted from this exhibit because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential. ROYAL BANK OF CANADAAngel Oak Mortgage, Inc. • August 8th, 2022 • Real estate
Reference is hereby made to, and this side letter (the “Pricing Side Letter”) is hereby incorporated by reference into, the Master Repurchase Agreement, dated as of April 13, 2022, (as amended, restated, supplemented or otherwise modified from time to time, the “Repurchase Agreement”), among Angel Oak Mortgage Operating Partnership, LP (the “Operating Partnership Seller”), Angel Oak Mortgage Fund TRS (the “Mortgage Fund Seller” and together with the Operating Partnership Seller, the “Sellers” and each, a “Seller”), Angel Oak Mortgage, Inc. (the “Guarantor”), and Royal Bank of Canada (the “Buyer”). This Pricing Side Letter amends and restates in its entirety that certain Pricing Side Letter, dated as of April 13, 2022 (the “Original Pricing Side Letter”). This Pricing Side Letter is not a novation of the Original Pricing Side Letter or any subsequent amendment or restatement thereof. The security interest created by the Repurchase Agreement remains in full force and effect. Any capitali
