SEVENTH AMENDMENT TO

AGREEMENT OF SALE


 


THIS SEVENTH AMENDMENT
TO AGREEMENT OF SALE (the “Amendment”) is entered into as of the 26th day of November, 2013,
between OAKTREE SLR, LLC, a Massachusetts limited liability company (the “Seller”) and SENTIO-SLR
BOSTON PORTFOLIO, LLC, a Delaware limited liability company (the “Buyer”).


 


RECITALS:


 


A.           Seller
and Buyer are parties to that certain Agreement of Sale dated August 28, 2013, as amended (the “Agreement”),
pursuant to which Seller agreed to sell, and Buyer agreed to purchase, certain real property located at 1190 Adams Street, Dorchester,
Massachusetts, as more particularly described in the Agreement.


 


B.           Seller
and Buyer desire to amend the Agreement, upon the terms and conditions set forth in this Amendment.


 


NOW, THEREFORE,
in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties agree as follows:


 


AGREEMENTS:


 


1.      Recitals,
Definitions. The foregoing recitals are true and correct and are incorporated herein by reference. Capitalized but undefined
terms used in this Amendment shall have the meanings given to them in the Agreement.


 


2.      Section
2.4 shall be supplemented to provide as follows:


 


As of November
27, 2013, the Earnest Money Deposit shall be considered payable to the Seller and shall be non-refundable to Buyer. The Earnest
Money Deposit shall be released to Seller upon the earlier to occur of (a) the Closing, as which time the Earnest Money Deposit
shall be applied to the Purchase Price, or (b) December 6, 2013 at 5:00 pm Eastern.


 


3.      Section
9.1 is hereby amended to read as follows:


 


Closing Date and Place.
The Closing shall take place on the date which is five (5) business days following the satisfaction of all conditions to Closing
contained in ARTICLE VII and ARTICLE VIII, or at such earlier or later date and time as may be expressly agreed upon in writing
by the Buyer and Seller (the “Closing Date”) but in no event later than December 6, 2013, as such date may be
extended by the mutual agreement of the parties. The Closing shall be accomplished by the Buyer and Seller depositing the Closing
Documents into escrow with the Title Insurer and Buyer and Seller issuing their respective instructions to the Title Insurer without
the need for attending in person unless the parties mutually agree otherwise.


 


4.      Effect
of Amendment. To the extent any provisions contained herein conflict with the Agreement or any other agreements between
Seller and Buyer, oral or otherwise, the provisions contained herein shall supersede such conflicting provisions contained in the
Agreement or other agreements. Except as specifically modified by this Amendment, the Agreement remains in full force and effect
and is in all events ratified, confirmed and approved.


 




    	 



    	 



    

  


5.      Counterparts.
This Amendment may be executed in multiple counterparts, each of which shall be deemed to be an original, but all of which, together,
shall constitute one and the same instrument. Delivery of signatures by e-mail or facsimile shall be valid and binding.


 


[Signature Page Follows]


 




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IN
WITNESS WHEREOF, the parties have executed this Amendment on the date first above written.


 


	 	BUYER:
	 	 
	 	SENTIO-SLR BOSTON PORTFOLIO, LLC
	 	 
	 	By:	/s/ Sharon Kaiser
	 	Name: Sharon Kaiser
	 	Its:  Authorized Signatory
	 	 
	 	SELLER:
	 	 
	 	OAKTREE SLR, LLC, a Massachusetts limited liability company
	 	 
	 	By its Member,
	 	STANDISH/SLR, LLC
	 	 	 
	 	By:	/s/ Robert F. Larkin, Jr. 
	 	Name: Robert F. Larkin, Jr.
	 	Title: Manager


 


 




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