GUARANTY OF PAYMENTGuaranty of Payment • March 30th, 2012 • United Development Funding IV • Real estate investment trusts
THIS GUARANTY OF PAYMENT (this "Agreement") is made as of December 30, 2011, by MEHRDAD MOAYEDI ("Moayedi") and United Development Funding IV, a real estate investment trust organized under the laws of the State of Maryland ("UDF"; Moayedi and UDF are collectively referred to herein as the "Guarantor") to and for the benefit of BABSON MEZZANINE REALTY INVESTORS II LP, a Delaware limited partnership ("Lender" and to the extent applicable under Article 13 of the Loan Agreement, "Administrative Agent"), and for the benefit of the other Lender Parties. As used in this Agreement, "Lender Parties" shall mean Lender, Cornerstone Real Estate Advisers LLC (the investment advisor to Lender), any present and future loan participants, co-lenders, loan servicers, custodians and trustees, and each of their respective directors, officers, employees, shareholders, agents, affiliates, heirs, legal representatives, successors and assigns.
SECOND EXTENSION AGREEMENTSecond Extension Agreement • March 30th, 2012 • United Development Funding IV • Real estate investment trusts
THIS EXTENSION AGREEMENT (this “Agreement”) is made and entered into on the date set forth on the signature page hereto, to be effective as of February 5, 2012 (the “Effective Date”), by and between RALEY HOLDINGS, LLC, a Nevada limited liability company, on its behalf and on behalf of certain participant lenders (“Agent”) and UNITED DEVELOPMENT FUNDING IV, a Maryland real estate investment trust (“Borrower”).
GUARANTY OF COMPLETIONGuaranty of Completion • March 30th, 2012 • United Development Funding IV • Real estate investment trusts
THIS GUARANTY OF COMPLETION (this "Agreement") is made as of December 30, 2011, by MEHRDAD MOAYEDI ("Moayedi") and UNITED DEVELOPMENT FUNDING IV, a real estate investment trust organized under the laws of the State of Maryland ("UDF"; Moayedi and UDF are collectively referred to herein as the "Guarantor") to and for the benefit of BABSON MEZZANINE REALTY INVESTORS II LP, a Delaware limited partnership ("Lender" and to the extent applicable under Article 13 of the Loan Agreement, "Administrative Agent"), and for the benefit of the other Lender Parties. As used in this Agreement, "Lender Parties" shall mean Lender, Cornerstone Real Estate Advisers LLC (the investment advisor to Lender), any present and future loan participants, co-lenders, loan servicers, custodians and trustees, and each of their respective directors, officers, employees, shareholders, agents, affiliates, heirs, legal representatives, successors and assigns.
LOAN AGREEMENTLoan Agreement • March 30th, 2012 • United Development Funding IV • Real estate investment trusts • Texas
This Loan Agreement (this “Agreement”) is made and entered into effective as of this the 30th day of November, 2011 (the “Effective Date”) by and among UDF IV FINANCE II, L.P., a Delaware limited partnership (together with its successors and assigns, “Lender”), CTMGT WILLIAMSBURG, LLC, a Texas limited liability company (“Borrower”), CENTAMTAR TERRAS, L.L.C., a Texas limited liability company (“Centamtar Terras”), CTMGT, LLC, a Texas limited liability company (“CTMGT”), and MEHRDAD MOAYEDI, a natural person residing in Dallas County, Texas (“Moayedi”).
