Exhibit
10.216


 


	
	 
	CHICAGO
    TITLE INSURANCE COMPANY
	National
    Commercial Services-Atlanta
	5565
    Glenridge Connector
	Suite
    300
	Atlanta,
    GA 30342


 


	Christopher
    J. Valentine 

    Vice President/Operations
    Officer

     Direct Dial
    (404) 419-3203
	Facsimile
    (404) 303-6307
	Chris.Valentine@fntq.com


 


CTIC
ATLANTA NCS FILE
NO.: ATL-140907


 


To
whom it may concern,


 


We
certify that this
is a true, correct
and accurate copy
of the original
instrument, to which
this letter is attached.


 


Chicago
Title Insurance Company


 





	By:	







 




    	 



    	 



    

  


	When
    recorded, return to:
	 
	Michael
    P. Van Voorhis,
	Esquire Troutman
    Sanders LLP
	Post
    Office Box 1122
	Richmond,
    Virginia 23218-1122
	 
	ARIUM
    Grande Lakes (f/k/a
    Venue Apartments)


 


ASSIGNMENT
OF SECURITY INSTRUMENT


(MULTIFAMILY
MORTGAGE, ASSIGNMENT
OF LEASES AND
RENTS, SECURITY AGREEMENT
AND FIXTURE FILING)


 


WALKER
& DUNLOP, LLC,
a Delaware limited
liability company, whose
address is 7501 Wisconsin
Avenue, Suite 1200E,
Bethesda, Maryland 20814
("Lender"), as the holder of
the instrument hereinafter described and for
valuable consideration hereby endorses,
assigns and delivers to FANNIE MAE, a corporation organized under the laws of the
United States of America, whose address is c/o Walker
& Dunlop, LLC, 7501 Wisconsin
Avenue, Suite 1200E, Bethesda, Maryland 20814, its successors, participants and assigns, all right, title and interest of Lender
in and to the following:


 


A
Consolidated, Amended and
Restated Multifamily Mortgage, Assignment
 of Leases  and 
Rents,  Security Agreement 
and  Fixture Filing, 
among BR Carroll Arium Grande
Lakes Owner, LLC, a Delaware limited
liability company (the "Borrower"), and
Lender, as Mortgagee, dated as of the 4th day of
November, 2014, and recorded immediately
prior hereto, in the Records of Orange County, Florida, securing the payment of a
Consolidated, Amended and Restated Multifamily Note, dated
as of the 4th day of November, 2014, in the original principal amount of
$29,444,000.00 made by the Borrower, payable to the order
of Lender, and creating a first lien on the property described in Exhibit A attached hereto and by this reference
made a part hereof.


 


Together
with any and
all mortgages, notes
and obligations therein
described, the debt secured
thereby and all
sums of money due and to become
due thereon, with the interest provided for therein,
and hereby irrevocably appoints
assignee hereunder its attorney to collect and
receive such debt, and to foreclose, enforce and satisfy the foregoing
the same as it might or could have done were these presents not
executed, but at the cost and expense
of assignee.


 


Together
with any and
all other liens,
privileges, security interests,
rights, entitlements, equities, claims
and demands as
to which assignor
hereunder possesses or to which assignor
is otherwise entitled as additional security
for the payment of the notes and other obligations described herein.


 


This
Assignment shall be
governed in all
respects by the
laws of the
state in which
the aforementioned instrument was
recorded and shall be
binding upon and shall inure to the benefit of the parties hereto
and their respective successors and assigns.


 


IN
WITNESS WHEREOF, Lender
has caused its
name to be
signed hereto by
Jenna Treible, its Vice
President, and does
hereby appoint said Jenna Treible its authorized officer to execute, acknowledge
and deliver these presents on its behalf, all done
as of this 4th day of November, 2014.


 




    	-1-



    	 



    

  


	WITNESS:	 	
	/s/
    Blake Porche	 	 WALKER
    & DUNLOP, LLC,
    a Delaware
    limited  
	Print
    Name:	Blake
    Porche	 	 liability
    company
	 	 	 	 	 
	/s/
    W. Ryan Potts	 	By:	/s/
    Jamie Petitt
	Print Name:
    	W.
    Ryan Potts	 	 	Jamie
    Petitt
	 	 	 	 	Closing
    Officer


 


STATE
OF          Georgia              


CITY/COUNTY
OF Dekalb         , ss:








 


I
HEREBY CERTIFY that
on this day,
before me, an
officer duly authorized
in the state aforesaid
and in the
county aforesaid to
take acknowledgments, personally appeared Jamie Petitt, to me known to be the
person described in and who executed the foregoing instrument as the Closing Officer of Walker & Dunlop, LLC, a Delaware limited
liability company, and acknowledged
to me that she as such officer, being authorized to do
so, executed the foregoing instrument for
the purposes therein contained in the
name of such limited liability company by herself as Closing Officer.


 


Witness
my hand and official seal in the county and state aforesaid, this 3rd day of November, 2014.


 


	 	/s/
    Holly B. Shonsky
	 	Notary
    Public


 


My Commission
Expires: September 5, 2016


 




    	-2-



    	 



    

 





EXHIBIT 'A'


 


LEGAL DESCRIPTION


 


lLot 1, Grande Lakes Apartments, according to the plat thereof as
recorded in Plat Book 59, Pages 46 and 47, Public Records of Orange County, Florida


 


TOGETHER WITH:


 


Tracts "A" and "B", Grande Lakes Apartments,
according to the plat thereof, as recorded in Plat Book 59, Pages 46 and 47, Public Records of Orange County, Florida.


 


ALSO TOGETHER WITH:


 


Non-exclusive easements for drainage set forth in Declaration of
Covenants, Conditions, Restrictions, Easements and Reservations for Grande Lakes Master Stormwater Management System, recorded
on August 7, 2003, Official Records Book 7038, Page 2091, Public Records of Orange County, Florida.