THIRD AMENDMENT TO

AGREEMENT OF SALE


 


THIS THIRD AMENDMENT
TO AGREEMENT OF SALE (the “Amendment”) is entered into as of the 25th day of October, 2013, between
OAKTREE SLR, LLC (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.   The Definition
of “Due Diligence Period” is hereby amended to read as follows:


 


Due Diligence
Period: The period commencing on the Effective Date and ending on 6:00 PM Eastern Time on November 1, 2013, during which time
Buyer may, at reasonable times with prior notice to Seller, investigate the financial, legal, operational, environmental and all
other aspects of the Property as Buyer may desire. Buyer acknowledges that Seller has produced all items requested by Buyer concerning
Due Diligence.


 


3.   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.


 


4.   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.


 




    	 



    	 



    

 


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


 


	 	BUYER:
	 	 
	 	SENTIO-SLR BOSTON PORTFOLIO, LLC
	 	 
	 	By:	/s/ John Mark Ramsey
	 	Name: John Mark Ramsey
	 	Its:  Authorized Signatory
	 	 
	 	SELLER:
	 	 
	 	OAKTREE SLR, LLC, a Massachusetts limited liability company
	 	 
	 	By its Member,
	 	STANDISH/SLR, LLC
	 	 
	 	By:	 
	 	Name: Peter G. Mullin
	 	Title: Manager
	 	 
	 	By:	/s/ Robert F. Larkin, Jr.
	 	Name: Robert F. Larkin, Jr.
	 	Title: Manager
	 	 
	 	OAKTREE SLR, LLC, a Massachusetts limited liability company
	 	 
	 	By its Member,
	 	OAKTREE ADAMS, LLC,
	 	 
	 	By:	 
	 	Name: Arthur Klipfel
	 	Title: Manager
	 	 
	 	By:	 
	 	Name: Gwendolyn Noyes
	 	Title: Manager


 




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