Exhibit 4.2


 


STATEMENT REGARDING RESTRICTIONS ON 


TRANSFERABILITY OF SHARES OF COMMON STOCK



 


(To Appear on Stock Certificate or to
Be Sent upon Request 


and without Charge to Stockholders Issued
Shares without Certificates) 


 


The shares represented by this certificate
are subject to restrictions on Beneficial Ownership, Constructive Ownership and Transfer for the purpose of the Corporation’s
maintenance of its status as a Real Estate Investment Trust (a “REIT”) under the Internal Revenue Code of 1986, as
amended (the “Code”). Subject to certain further restrictions and except as expressly provided in the Corporation’s
charter: (a) no Person may Beneficially Own or Constructively Own shares of the Corporation’s Common Stock in excess of 9.8%
(in value or number of shares) of the outstanding shares of Common Stock of the Corporation unless such Person is an Excepted Holder
(in which case the Excepted Holder Limit for such Excepted Holder shall be applicable); (b) no Person may Beneficially Own or Constructively
Own shares of Capital Stock of the Corporation in excess of 9.8% of the value of the total outstanding shares of Capital Stock
of the Corporation, unless such Person is an Excepted Holder (in which case the Excepted Holder Limit for such Excepted Holder
shall be applicable); (c) no Person may Beneficially Own or Constructively Own Capital Stock that would result in the Corporation
being “closely held” under Section 856(h) of the Code or otherwise cause the Corporation to fail to qualify as a REIT;
and (d) no Person may Transfer shares of Capital Stock if such Transfer would result in the Capital Stock of the Corporation being
owned by fewer than 100 Persons. Any Person who Beneficially Owns or Constructively Owns or attempts to Beneficially Own or Constructively
Own shares of Capital Stock that causes or will cause a Person to Beneficially Own or Constructively Own shares of Capital Stock
in excess or in violation of the above limitations must immediately notify the Corporation or, in the case of a proposed or attempted
transaction, give at least 15 days prior written notice and provide to the Corporation such other information as the Corporation
may request in order to determine the effect, if any, of such Transfer on the Corporation’s status as a REIT. If any of the
restrictions on Transfer or ownership are violated, the shares of Capital Stock represented hereby will be automatically transferred
to a Trustee of a Trust for the benefit of one or more Charitable Beneficiaries. In addition, the Corporation may redeem shares
of Capital Stock upon the terms and conditions specified by the board of directors in its sole discretion if the board of directors
determines that ownership or a Transfer or other event may violate the restrictions described above. Furthermore, upon the occurrence
of certain events, attempted Transfers in violation of the restrictions described above may be void ab initio.


 




     


     


    

 


Following the Commencement of the Initial
Public Offering, until the Common Stock is Listed, to purchase Common Stock in a Public Offering, the purchaser must represent
to the Corporation: (i) that such purchaser (or, in the case of sales to fiduciary accounts, that the beneficiary, fiduciary account
or grantor or donor who directly or indirectly supplies the funds to purchase the shares if the grantor or donor is the fiduciary)
has a minimum annual gross income of $70,000 and a net worth (excluding home, home furnishings and automobiles) of not less than
$70,000; (ii) that such purchaser (or, in the case of sales to fiduciary accounts, that the beneficiary, fiduciary account or grantor
or donor who directly or indirectly supplies the funds to purchase the shares if the grantor or donor is the fiduciary) has a net
worth (excluding home, home furnishings and automobiles) of not less than $250,000; and/ or (iii) that the purchaser (or, in the
case of sales to fiduciary accounts, that the beneficiary, fiduciary account or grantor or donor who directly or indirectly supplies
the funds to purchase the shares if the grantor or donor is the fiduciary) meets the more stringent suitability standards of such
person’s jurisdiction as set forth in any then effective registration statement of the Corporation as such registration statement
has been amended or supplemented as of the date of such purchase. Following the Commencement of the Initial Public Offering, until
the Common Stock is Listed, unless a stockholder is transferring all of his shares of Common Stock, each issuance or transfer of
shares of Common Stock for value shall comply with the requirements regarding minimum initial and subsequent cash investment amounts
set forth in any then effective registration statement of the Corporation as such registration statement has been amended or supplemented
as of the date of such issuance or transfer for value or any higher or lower applicable state requirements with respect to minimum
initial and subsequent cash investment amounts in effect as of the date of the issuance or transfer.


 


All capitalized terms in this legend have
the meanings defined in the charter of the Corporation, as the same may be amended from time to time, a copy of which, including
the restrictions on Transfer and ownership, will be furnished to each holder of Capital Stock of the Corporation on request and
without charge.


 


Note: Instead of the foregoing legend, the certificate may
state that the Corporation will furnish a full statement about certain restrictions on transferability to a stockholder on request
and without charge. Such statement shall also be sent on request and without charge to stockholders who are issued shares without
a certificate.