Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1100

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1100
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center'>I-790

SCHEDULE 1

ADDITIONAL AFFIRMATIVE COVENANTS</div>

Notwithstanding the anything set forth in this Agreement to the contrary, Borrower shall perform all of the below covenants, each of which is a “Hotel Component Financing Covenant”:

1. Continue to comply with all covenants under the Loan Agreement, except as specifically modified pursuant to this Agreement. For avoidance of doubt, except as expressly set forth in this Agreement, this Agreement does not modify or suspend any requirement under any Loan Document to pay any carrying costs associated with the Property, including, without limitation, any (a) real estate taxes, (b) insurance premiums for the Required Policies, and (c) any amounts due under the Master Lease.

SCHEDULE 1, Additional Affirmative Covenants - Solo Page

<div align='center'>I-791

SCHEDULE 2

ADDITIONAL LOAN DOCUMENT MODIFICATIONS</div>

1. The term “Event of Default” as used in each Loan Agreement shall be expanded to include Borrower’s breach of any of its covenants under this Agreement, including, without limitation, any Hotel Component Financing Covenant. For the avoidance of doubt, Administrative Agent shall not be required to provide Obligors with notice of any such Event(s) of Default stemming from any breach of any Hotel Component Financing Covenant or other obligation of Obligors set forth in this Agreement.

<div align='center'>4839-1538-5045v.3 59940-92</div>

SCHEDULE 2, Additional Loan Document Modifications - Solo Page

<div align='center'>I-792

FOURTH AMENDMENT TO LOAN AGREEMENT</div>

This Fourth Amendment to Loan Agreement (this “”), dated as of September 8, 2021 (the “, is made by and among (i) CP TOWER OWNER, LLC, a Delaware limited liability company (“”), and CP LAND OWNER, LLC, a Delaware limited liability company (“,” and together with CP Tower Borrower, collectively, “”), (ii) NEXPOINT STRATEGIC OPPORTUNITIES FUND, a Delaware statutory trust, and NEXPOINT REAL ESTATE PARTNERS, LLC, a Delaware limited liability company (formerly known as HCRE PARTNERS, LLC, a Delaware limited liability company) (collectively, “,” and together with Borrower, the “”), (iii) DELPHI CRE FUNDING LLC, a Delaware limited