Exhibit 10.3

ASSIGNMENT AND ASSUMPTION OF LEASE

 

THE STATE OF FLORIDA   §      §    KNOW ALL MEN BY THESE PRESENTS: COUNTY OF
                           §   

THAT, WINTER HAVEN CAPITAL CENTER, LLC, a Florida limited liability company
(“Assignor”) hereby transfers, assigns and sets over unto HCII-7375 CYPRESS
GARDENS BOULEVARD, LLC a Delaware limited liability company (“Assignee”), that
certain lease (the “Lease”) with tenants demising space in the premises (the
“Premises”) described in Exhibit A attached hereto and made a part hereof for
all purposes, and the Lease and any guaranty in connection therewith, together
with all amendments thereto and modifications thereof.

TO HAVE AND TO HOLD the Leases, together with any and all security deposits,
prepaid rents, rights and appurtenances thereto in anywise belonging to Assignor
unto Assignee, its successors, legal representatives and assigns FOREVER, and
Assignor does hereby bind itself and its successors and assigns to WARRANT AND
FOREVER DEFEND all and singular the ownership of the landlord’s interest in the
Leases unto Assignee, its successors, and assigns, against every person
whomsoever lawfully claiming or to claim the same or any part thereof by,
through or under Assignor, but not otherwise.

Assignor indemnifies and agrees to hold Assignee harmless from and against any
loss, cost, damage or expense incurred by Assignee and arising from or in
connection with any liabilities or obligations of the landlord under the Leases
(including specifically, without limitation, the liabilities and obligations of
the landlord under the Leases with respect to security deposits) attributable to
the period prior to the date hereof, and Assignor shall be solely liable for
such liabilities and obligations.

Assignee, by its acceptance hereof, agrees to assume and indemnify and hold
Assignor harmless from and against all liabilities and obligations of the
landlord under the Leases (including specifically, without limitation, the
liabilities and obligations of the landlord under the Leases with respect to
security deposits, the receipt of which Assignee acknowledges was made by credit
to Assignee to the extent shown on the closing statement for Assignee’s
acquisition of the Premises) to the extent same arise or are otherwise
attributable to the period from and after the date hereof, but not otherwise;
provided, however, (a) Assignee shall have no liability to indemnify and hold
Assignor harmless from and against any liability or obligation arising under the
Leases prior to the date hereof even though same may be subject to a claim
brought after the date hereof; and (b) Assignee shall have no liability for the
payment of any tenant finish costs or leasing commissions attributable to any of
the Leases (including any commissions payable in connection with any renewal or
expansion thereof) except as and to the extent expressly set forth on Exhibit B
attached hereto and made a part hereof for all purposes, but not otherwise.

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This Assignment and Assumption of Leases may be executed in multiple
counterparts, each of which shall be deemed to be an original and all of which
together shall constitute one and the same instrument.

[SIGNATURES ON FOLLOWING PAGE]

 

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IN WITNESS WHEREOF, Assignor has executed this instrument as of (but not
necessarily on) this 27th day of January, 2015.

 

WITNESSES:     

ASSIGNOR:

    

WINTER HAVEN CAPITAL CENTER, LLC,

a Florida limited liability company

/s/ Marcy B. Kast

    

By:

 

/s/ John W. Slavens

Print Name: Marcy B. Kast     

Print Name: John W. Slavens

Title: Manager

/s/ Alton L. Lightsey

     Print Name: Alton L. Lightsey     

 

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       ASSIGNEE:        HCII-7375 CYPRESS GARDENS        BOULEVARD, LLC, a
Delaware limited        liability company

/s/ Miles Callahan

Print Name: Miles Callahan

                             By:    Carter Validus Operating Partnership       
   II, LP, a Delaware limited

/s/ Anatalia Sanchez

          partnership, its sole member Print Name: Anatalia Sanchez             
                   By:       Carter Validus Mission Critical                
REIT II, Inc., a Maryland                 corporation, its general partner    
            By:      

/s/ John E. Carter

                      John E. Carter                       Chief Executive
Officer

 

 

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EXHIBIT A

LEASE

 

1. Master Lease Agreement dated as of June 30, 2008, by and between Winter Haven
Capital Center, LLC and Central Polk, LLC.

 

2. First Amendment to Master Lease Agreement dated as of September15, 2008, by
and between Winter Haven Capital Center, LLC, Central Polk, LLC and Health
Management Associates, Inc.

 

 

Exhibit A

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EXHIBIT B

NONE

 

 

Exhibit B