Document:

EX-10.92

 Exhibit 10.92 
 ASSIGNMENT AND ASSUMPTION OF 
 PURCHASE AND SALE AGREEMENT 

This Assignment and Assumption of Purchase and Sale Agreement (“Assignment”) is entered into between KBS-Legacy
Apartment Community REIT Venture, LLC, a Delaware limited liability company (“Assignor”), and KBS Capital Advisors LLC, a Delaware limited liability company (“Assignee”), as of November 18, 2013 (the
“Effective Date”). 
 RECITALS 
 A.        Pursuant to the terms of that certain Purchase and Sale Agreement dated as of October 16, 2013, that certain First Amendment to Purchase and Sale
Agreement dated as of October 28, 2013, and that certain Second Amendment to Purchase and Sale Agreement dated as of November 14, 2013 (collectively, the “Purchase Agreement”), Assignor agreed to acquire the Property (as
such term is defined in the Purchase Agreement) commonly referred to as the Lofts at the Highlands Apartments in St. Louis, Missouri subject to and in accordance with the terms of the Purchase Agreement. 

B.        Assignor desires to assign, without recourse, representation or warranty, all of its
rights, benefits, liabilities and obligations arising under the Purchase Agreement (and related documents) to Assignee, and Assignee desires to assume all of said rights, benefits, liabilities and obligations. 

NOW, THEREFORE, in consideration of the foregoing promises, the mutual undertakings of the parties set forth herein and other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, the parties agree as follows: 
 1.        Recitals. The above recitals are incorporated herein by reference. 
 2.        Assignment and Assumption. Assignor hereby transfers, assigns and conveys, without recourse, representation or warranty, express or implied, the
following to Assignee: i) all of Assignor’s rights, interests, liabilities and obligations in and to the Property, ii) all of Assignor’s rights, interests, liabilities and obligations under the Purchase Agreement (and related documents),
and iii) all of Assignor’s rights in and to the Earnest Money Note (as defined in the Purchase Agreement) previously deposited into escrow by Assignor for the benefit of Assignor to enable satisfaction of the Purchase Agreement requirements.
Assignee hereby assumes all such rights, interests, liabilities and obligations, and joins in all representations, warranties, releases, and indemnities, of Assignor under the Purchase Agreement (and related documents) relating to the Property, the
Purchase Agreement (and related documents) and the Earnest Money Note assigned to it above. 

3.        Successors and Assigns. This Assignment shall be binding upon and inure to the
benefit of the parties’ successors and assigns. 
 4.        Attorneys’
Fees. In the event of any controversy, claim, dispute, arbitration, or litigation between the parties hereto to enforce or interpret any of the provisions of this Assignment or any right of either party hereto, the non-prevailing party to such
controversy, 

  
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claim, dispute, arbitration or litigation agrees to pay to the prevailing party all costs and expenses, including reasonable attorneys’ fees and costs, court or dispute resolution costs,
arbitrator’s, mediator’s, consultant’s and expert witness’ fees and costs incurred by the prevailing party, including, without limitation, fees incurred during trial or resolution of any action or dispute and any fees incurred as
a result of an appeal from a judgment entered in any such matter. A prevailing party shall include without limitation (a) a party who dismisses an action in exchange for sums due, or (b) the party determined to be the prevailing party by a
court of law. The terms of this Section 4 shall survive the termination of the Purchase Agreement. 

5.        Counterparts. This Assignment may be executed in any number of counterparts,
each of which shall be deemed an original, but all of which when taken together shall constitute one and the same instrument. Each counterpart may be delivered by facsimile transmission or other electronic means and such shall be deemed effective as
if original. The signature page of any counterpart may be detached therefrom without impairing the legal effect of the signature(s) thereon provided such signature page is attached to any other counterpart identical thereto. 

[REMAINDER OF PAGE IS INTENTIONALLY BLANK. 
 SIGNATURES FOLLOW.] 

  
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 IN WITNESS WHEREOF, the undersigned have duly executed this Assignment and Assumption of
Purchase and Sale Agreement to be effective as of the Effective Date set forth above. 
  

					
	ASSIGNOR:
	
	 KBS-Legacy Apartment Community REIT Venture, LLC,
 a Delaware limited liability company

		
	By:	 	LEGACY PARTNERS RESIDENTIAL REALTY LLC,
		 	a Delaware limited liability company,
		 	its managing member
			
		 	By:	 	/s/ Guy K.
Hays                        
		 		 	Guy K. Hays, as Trustee of the Hays 2009
		 		 	 Revocable Trust u/d/t dated November 12, 2009,
 a Managing Member

  
  

			
	ASSIGNEE:
	
	 KBS CAPITAL ADVISORS LLC,
 a Delaware limited liability company

		
	By:	 	/s/ Charles J. Schreiber,
Jr.                            
		 	    Charles J. Schreiber, Jr.,
		 	    Chief Executive Officer

  
 3EX-10.93

 Exhibit 10.93 
 ASSIGNMENT AND ASSUMPTION OF 
 PURCHASE AND SALE AGREEMENT 

This Assignment and Assumption of Purchase and Sale Agreement (“Assignment”) is entered into between KBS Capital
Advisors LLC, a Delaware limited liability company (“Assignor”), and KBS Legacy Partners Lofts LLC, a Delaware limited liability company (“Assignee”), as of November 18, 2013 (the “Effective
Date”). 
 RECITALS 
 A.        Pursuant to the terms of that certain Purchase and Sale Agreement dated as of October 16, 2013, that certain First Amendment to Purchase and Sale
Agreement dated as of October 28, 2013 and that certain Second Amendment to Purchase and Sale Agreement dated as of November 14, 2013, as previously assigned pursuant to that certain Assignment and Assumption of Purchase and Sale Agreement
by and between KBS-Legacy Apartment Community REIT Venture, LLC and Assignor of even date herewith (the “Prior Assignment” and collectively, the “Purchase Agreement”), Assignor agreed to acquire the Property (as
such term is defined in the Purchase Agreement) commonly referred to as the Lofts at the Highlands Apartments in St. Louis, Missouri subject to and in accordance with the terms of the Purchase Agreement. 

B.        Assignor desires to assign, without recourse, representation or warranty, all of its
rights, benefits, liabilities and obligations arising under the Purchase Agreement (and related documents) to Assignee, and Assignee desires to assume all of said rights, benefits, liabilities and obligations. 

NOW, THEREFORE, in consideration of the foregoing promises, the mutual undertakings of the parties set forth herein and other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, the parties agree as follows: 
 1.        Recitals. The above recitals are incorporated herein by reference. 
 2.        Assignment and Assumption. Assignor hereby transfers, assigns and conveys, without recourse, representation or warranty, express or implied, the
following to Assignee: i) all of Assignor’s rights, interests, liabilities and obligations in and to the Property, ii) all of Assignor’s rights, interests, liabilities and obligations under the Purchase Agreement (and related documents),
and iii) all of Assignor’s rights in and to the Earnest Money Note (as defined in the Purchase Agreement) previously deposited into escrow. Assignee hereby assumes all such rights, interests, liabilities and obligations, and joins in all
representations, warranties, releases, and indemnities, of Assignor under the Purchase Agreement (and related documents) relating to the Property, the Purchase Agreement (and related documents) and the Earnest Money Note assigned to it above.

 3.        Successors and Assigns. This Assignment shall be binding upon and
inure to the benefit of the parties’ successors and assigns. 

  
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 4.        Attorneys’ Fees. In the event
of any controversy, claim, dispute, arbitration, or litigation between the parties hereto to enforce or interpret any of the provisions of this Assignment or any right of either party hereto, the non-prevailing party to such controversy, claim,
dispute, arbitration or litigation agrees to pay to the prevailing party all costs and expenses, including reasonable attorneys’ fees and costs, court or dispute resolution costs, arbitrator’s, mediator’s, consultant’s and expert
witness’ fees and costs incurred by the prevailing party, including, without limitation, fees incurred during trial or resolution of any action or dispute and any fees incurred as a result of an appeal from a judgment entered in any such
matter. A prevailing party shall include without limitation (a) a party who dismisses an action in exchange for sums due, or (b) the party determined to be the prevailing party by a court of law. The terms of this Section 4 shall
survive the termination of the Purchase Agreement. 
 5.        Counterparts.
This Assignment may be executed in any number of counterparts, each of which shall be deemed an original, but all of which when taken together shall constitute one and the same instrument. Each counterpart may be delivered by facsimile transmission
or other electronic means and such shall be deemed effective as if original. The signature page of any counterpart may be detached therefrom without impairing the legal effect of the signature(s) thereon provided such signature page is attached to
any other counterpart identical thereto. 
 [REMAINDER OF PAGE IS INTENTIONALLY BLANK. 

SIGNATURES FOLLOW.] 

  
 2 

 IN WITNESS WHEREOF, the undersigned hereby duly execute this Assignment and Assumption of
Purchase and Sale Agreement to be effective as of the Effective Date set forth above. 
  

			
	ASSIGNOR:
	
	 KBS CAPITAL ADVISORS LLC,
 a Delaware limited liability company

		
	By:	 	/s/ Charles J. Schreiber,
Jr.                            
		 	    Charles J. Schreiber, Jr.,
		 	    Chief Executive Officer

  

									
	ASSIGNEE:
	
	 KBS LEGACY PARTNERS LOFTS LLC,
 a Delaware limited liability company

		
	By:	 	 KBS LEGACY PARTNERS PROPERTIES LLC,
 a Delaware limited liability company,
 its sole member

			
		 	By:	 	 KBS LEGACY PARTNERS LIMITED PARTNERSHIP,
 a Delaware limited partnership,
 its sole member

				
		 		 	By:	 	 KBS LEGACY PARTNERS APARTMENT REIT, INC.,
 a Maryland corporation,
 its sole general partner

					
		 		 		 	By:	 	/s/ Guy K.
Hays                                    
		 		 		 		 	Guy K. Hays,
		 		 		 		 	Executive Vice President

  
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