Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 284

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 284
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 provisions of any agreement to which we are a party prohibits such redemption or provides
that such redemption would constitute a breach thereof or a default thereunder.

We will mail to you, if you
are a record holder of the Series B Redeemable Preferred Stock, a notice of redemption no fewer than seven days before the redemption
date. We will send the notice to your address shown on our stock transfer books. A failure to give notice of redemption or any defect
in the notice or in its mailing will not affect the validity of the redemption of any Series B Redeemable Preferred Stock except
as to the holder to whom notice was defective or not given; provided, that notice given to the last address of record will be deemed to
be valid notice. Each notice will state the following:

| · | the redemption date; |

| · | the redemption price; |

| · | the number of shares of Series B Redeemable Preferred Stock to be redeemed; |

| · | DTC’s procedures for book entry transfer of Series B Redeemable Preferred Stock for payment of the redemption price; |

| · | that dividends on the shares of Series B Redeemable Preferred Stock to be redeemed will cease to accrue on such redemption date; |

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| · | that payment of the redemption price and an amount equal to any accrued but unpaid dividends will be made upon book entry transfer of such Series B Redeemable Preferred Stock in compliance with DTC’s procedures; and |

| · | that the Series B Redeemable Preferred Stock is being redeemed pursuant to our mandatory redemption in connection with the occurrence of a Change of Control and a brief description of the transaction or transactions constituting such Change of Control. |

If we (i) have given
a notice of redemption, (ii) have set apart sufficient funds for the redemption in trust for the benefit of the holders of the Series B
Redeemable Preferred Stock called for redemption and (iii) have given irrevocable instructions to pay the redemption price, then
from and after the redemption date, those shares of Series B Redeemable Preferred Stock will be treated as no longer being outstanding,
no further dividends will accrue and all other rights of the holders of those shares of Series B Redeemable Preferred Stock will
terminate. The holders of those shares of Series B Redeemable Preferred Stock will retain their right to receive the redemption price
for their shares and an amount equal to all accrued but unpaid cash dividends, if