*0000010011855-0001096003262019*
CHANGE IN TERMS AGREEMENT

Principal
Loan Date
Maturity
Loan No
Call / Coll
Account
Officer
Initials

$9,000,000.00
02-01-2018
04-30-2019
10011855-0001
510
60583
455
 

References in the boxes above are for Lender's use only and do not limit the
applicability of this document to any particular loan or item.
Any item above containing "***" has been omitted due to text length limitations.

Borrower:
RW HOLDINGS NNN REIT, INC.; RICH UNCLES NNN OPERATING PARTNERSHIP, LP; and RICH
UNCLES NNN LP, LLC
3090 BRISTOL STREET, SUITE 550
COSTA MESA, CA 92626
Lender:
PACIFIC MERCANTILE BANK
NEWPORT BEACH
450 NEWPORT CENTER DRIVE, STE. 250
NEWPORT BEACH, CA 92660

Principal Amount: $9,000,000.00
Date of Agreement: March 26, 2019

DESCRIPTION OF EXISTING INDEBTEDNESS. A loan evidenced by Promissory Note dated
February 01, 2018.
DESCRIPTION OF COLLATERAL. Loan is unsecured.
DESCRIPTION OF CHANGE IN TERMS.
1. The maturity date is hereby extended from March 26, 2019 to April 30, 2019.
CONTINUING VALIDITY. Except as expressly changed by this Agreement, the terms of
the original obligation or obligations, including all agreements evidenced or
securing the obligation(s), remain unchanged and in full force and effect.
Consent by Lender to this Agreement does not waive Lender's right to strict
performance of the obligation(s) as changed, nor obligate Lender to make any
future change in terms. Nothing in this Agreement will constitute a satisfaction
of the obligation(s). It is the intention of Lender to retain as liable parties
all makers and endorsers of the original obligation(s), including accommodation
parties, unless a party is expressly released by Lender in writing. Any maker or
endorser, including accommodation makers, will not be released by virtue of this
Agreement. If any person who signed the original obligation does not sign this
Agreement below, then all persons signing below acknowledge that this Agreement
is given conditionally, based on the representation to Lender that the
non-signing party consents to the changes and provisions of this Agreement or
otherwise will not be released by it. This waiver applies not only to any
initial extension, modification or release, but also to all such subsequent
actions.
PRIOR TO SIGNING THIS AGREEMENT, EACH BORROWER READ AND UNDERSTOOD ALL THE
PROVISIONS OF THIS AGREEMENT. EACH BORROWER AGREES TO THE TERMS OF THE
AGREEMENT.
BORROWER:
RW HOLDINGS NNN REIT, INC.

By: _____________________________________________
HAROLD C. HOFER, CEO/President of RW HOLDINGS NNN REIT, INC.
RICH UNCLES NNN OPERATING PARTNERSHIP, LP
RW HOLDINGS NNN REIT, INC., General Partner of RICH UNCLES NNN OPERATING
PARTNERSHIP, LP

By: _____________________________________________
HAROLD C. HOFER, CEO/President of RW HOLDINGS NNN REIT, INC.

--------------------------------------------------------------------------------

RICH UNCLES NNN LP, LLC
RW HOLDINGS NNN REIT, INC., Member of RICH UNCLES NNN LP, LLC

By: _____________________________________________
HAROLD C. HOFER, CEO/President of RW HOLDINGS NNN REIT, INC.
LENDER:
PACIFIC MERCANTILE BANK

X _____________________________________________
ROSS MACDONALD, Senior Vice President

LaserPro, Ver. 19.1.0.048 Copr. Finastra USA Corporation 1997, 2019. All Rights
Reserved. - CA J:\CFI\LPL\D20C.FC TR-9075 PR-9 (M)