Document:

ASSIGNMENT OF LEASES AND RENTS

 Exhibit 10.2 
 THIS DOCUMENT WAS DRAFTED BY, 
 AND AFTER RECORDING, RETURN TO: 

DeWitt Ross & Stevens S.C. 

Paul A. Croake, Esq. 
 2 East Mifflin
Street, Suite 600 
 Madison, WI 53703 
 608/283-5623 
 ASSIGNMENT OF LEASES AND RENTS 

THIS ASSIGNMENT, made as of the 12th day of March, 2012, by DC-2775 NORTHWOODS PARKWAY, LLC, a Delaware limited liability company, whose principal
office is located at c/o John E. Carter, 4211 West Boy Scout Blvd., Suite 500, Tampa, FL 33607 (“Borrower”), to AMERICAN FAMILY LIFE INSURANCE COMPANY, an insurance corporation organized and existing under the laws of the
State of Wisconsin, whose address is Investment Division, 6000 American Parkway, Madison, Wisconsin 53783-0001 (“American Family”). 
 FOR VALUE RECEIVED, Borrower grants, transfers and assigns to American Family: (a) all of the right, title and interest of Borrower in and to any and all leases and any other
agreements granting a possessory interest in the real property described in Exhibit A attached hereto (the “Premises”), together with any amendments or addenda to such leases and agreements and including any guarantees of such
agreements, now or hereafter entered into, whether oral or written, (each such lease and related agreements and guarantees shall be referred to collectively hereafter as a “Lease”); (b) any and all extensions and renewals
thereof; (c) the immediate and continuing right to collect and receive all rents, expense reimbursements or other income, payments and profits arising out of any Lease or out of the Premises or any part thereof
(“Rents”); (d) the right to all proceeds payable to Borrower pursuant to any purchase options, if any, on the part of any Tenant under any Lease; and (e) all payments derived from any Lease
including but not limited to claims for the recovery of damages done to the Premises or for the abatement of any nuisance existing thereon, claims for damages resulting from default under any Lease whether resulting from acts of
insolvency or acts of bankruptcy or otherwise, and lump sum payments for the cancellation of any Lease or the waiver of any obligation or term thereof prior to the expiration date, and the return of any insurance premiums or ad valorem tax
payments made in advance and subsequently refunded, all for the purpose of securing the following: 
 (i) Payment of the
Indebtedness evidenced by the Note, including any extensions or renewals thereof, in the principal sum of Three Million Three Hundred Thousand and No/100 Dollars ($3,300,000.00) dated of even date herewith, executed and delivered by
Borrower payable to the order of American Family secured, inter alia, by the Deed to Secure Debt, Assignment of Rents and Security Agreement, dated of even date herewith, granted by Borrower to American Family upon
the Premises, and recorded in the County of Gwinnett, State of Georgia (the “Security Deed”) and the other Loan Documents securing the Note. 

 (ii) Payment of all other sums with interest thereon becoming due and payable to American
Family as a result of this Assignment, or pursuant to any other Loan Documents. All payments required under the Loan Documents shall be included as Indebtedness secured hereby. 

(iii) Performance and discharge of each and every obligation, covenant and agreement of Borrower under the Loan Documents.

 BORROWER FURTHER COVENANTS, AGREES AND ASSIGNS AS FOLLOWS: 

1. Performance of Leases. (a) To faithfully abide by, perform and discharge each and every material obligation,
covenant and agreement of the Accredited Lease by Borrower, as landlord, to be performed; (b) to use its reasonable efforts to enforce or secure the performance of each and every material obligation, covenant, condition and
agreement of any Lease to be performed by Tenant; (c) not to surrender, cancel, amend, modify, extend, renew, terminate, accept a surrender of, or in any way alter the terms of the Accredited Lease without the prior written
consent of American Family, which consent shall not be unreasonably withheld, conditioned or delayed; (d) not to borrow against, pledge, or assign any rentals due under the Accredited Lease, nor consent to a subordination or
assignment of the interest of the Accredited Tenant thereunder to any party other than American Family; (e) not to permit the prepayment of the rents thereunder for more than one (1) month in advance or reduce the amount of
the rents and other payments thereunder; (f) not to waive, excuse, condone or in any manner release or discharge the Accredited Tenant under the Accredited Lease of or from their obligations, covenants, conditions and agreements
to be performed by Accredited Tenant under the Accredited Lease without first securing the prior written consent of American Family, which consent shall not be unreasonably withheld, conditioned or delayed; (g) not to enter
into any additional or renewal Lease of all or any part of the Premises except in conformity with the terms of the Security Deed. 
 In the event the Accredited Tenant of the Premises seeks for any reason to buy out or financially satisfy the Accredited Lease in whole or in part prior to normal expiration of the
Accredited Lease, and obtains permission from Borrower and American Family to do so, all such proceeds shall, at the sole discretion of American Family, be applied to the Indebtedness in the order determined by
American Family in its sole discretion. 

  
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 2. Protection of Security. Borrower, at its sole cost and expense,
agrees to appear in and defend any action or proceeding arising under, growing out of or in any manner connected or otherwise associated with any Lease or the obligations, duties or liabilities of Borrower thereunder, and to pay all
costs and expenses of American Family, including attorneys’ and paralegals’ fees and costs, in any such actions or proceedings in which American Family in its sole discretion may appear. 

3. Present Assignment. This Assignment shall constitute a perfected, present assignment, provided that Borrower
shall have the right to collect, but not prior to accrual, all of the Rents and to retain, use and enjoy the same unless and until an Event of Default shall occur under any Loan Document and any applicable opportunity to
cure under the Security Deed shall have expired. Following the occurrence of an Event of Default and the expiration of any applicable opportunity to cure, Borrower hereby releases and surrenders to American Family all
rights to amend, modify or to in any way alter any Lease, and to take such action without the prior consent of Borrower. 
 4. Remedies. Upon or at any time during the continuance of an Event of Default, or if any material representation or warranty herein proves to be untrue, and after any applicable
opportunity to cure under the Security Deed shall have expired, then American Family, without regard to waste, adequacy of the security or solvency of Borrower, may declare all Indebtedness immediately due and payable,
may revoke the privilege granted Borrower hereunder to collect the Rents, and may, at American Family’s option, either: 
 (a) In person or by agent, with or without taking possession of or entering the Premises, with or without bringing any action or proceeding, give, or require Borrower to give, notice to any
Tenant under any Lease authorizing and directing such Tenant to pay all Rents directly to American Family; collect all of the Rents; enforce the payment thereof and exercise all of the rights of Borrower
under any Lease and all of the rights of American Family hereunder; and may enter upon, take possession of, manage and operate the Premises, or any part thereof; may cancel, enforce or modify any Lease, and fix or
modify Rents, and do any acts which American Family deems proper to protect the security hereof; or 
 (b) Apply for appointment of a receiver in accordance with applicable statutes and law, to which receivership Borrower hereby consents, who shall collect the Rents; manage the
Premises so as to prevent waste; execute any Lease within or beyond the period of receivership; exercise the remedies and perform the terms of this Assignment and apply the Rents as hereinafter provided. The terms and
provisions contained in Section 6.3 of the Security Deed are hereby incorporated by reference and shall govern the appointment of a receiver under this Assignment. 

Any Rents collected pursuant to the terms of this Section hereof shall be applied in the following order: (a) to payment of
all fees of any receiver appointed hereunder; (b) to payment when due of prior or current Impositions or, if the Security Deed so requires, to the 

  
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periodic escrow for payment of the Impositions when due; (c) to payment when due of Insurance Premiums of the type required by the Security Deed or, if the Security
Deed so requires, to the periodic escrow for the payment of Insurance Premiums when due; (d) to payment of the costs and expenses of operation and management of the Premises and collection of the Rents, including
reasonable attorneys’ fees; (e) to payment of all costs and expenses for normal maintenance of the Premises, including such Tenant improvements, capital repairs, capital improvements and leasing commissions as American
Family may reasonably deem appropriate; and (f) to the performance of the landlord’s obligations under any Lease. Any Rents remaining after application of the above items shall be applied to the Indebtedness on a
monthly basis. 
 The entering upon and taking possession of such Premises, the appointment of a receiver, or the
collection of such Rents and the application thereof as herein provided shall not cure or waive any default or waive, modify or affect notice of default under the Security Deed or invalidate any act done pursuant to said notice, nor in
any way operate to prevent American Family from pursuing any remedy which now or hereafter it may have under the terms and conditions of the Security Deed or the Note secured thereby or any other Loan Documents securing
the same. 
 5. No Liability for American Family. American Family shall not be obligated to perform or
discharge, nor does it undertake to perform or discharge, any obligation, duty or liability under any Lease nor shall this Assignment operate to place any responsibility for the control, care, management or repair of the
Premises or responsibility for the collection of Rents upon American Family or for the carrying out of any of the terms and conditions of any Lease; nor shall it operate to make American Family responsible or
liable for any waste committed on the Premises, or for any dangerous or defective condition of the Premises resulting in loss or injury or death to any Tenant, licensee, employee or stranger. American Family shall be
required to account only for such moneys as are actually received by it and shall not be obliged to pay any interest on Rents received by it under this Assignment. 

6. Borrower to Hold American Family Harmless. Borrower agrees to indemnify and to hold American Family
harmless from any and all liability, loss or damage which American Family incurs under any Lease or under or by reason of this Assignment, and from any and all claims and demands whatsoever which may be asserted against
American Family by reason of any alleged obligations or undertakings on its part to perform or discharge any of the terms, covenants or agreements contained in any Lease, except this indemnity shall not apply to any liability to the
extent caused by the gross negligence or willful misconduct of American Family or first arising from and after the date that American Family or another party takes possession of the Premises or acquires title to the Premises through
foreclosure or a deed in lieu of foreclosure. Should American Family incur any such liability, or incur costs in the defense of any such claims or demands, the amount thereof, including costs, expenses, and reasonable attorneys’ and
paralegals’ fees and costs, shall be secured hereby and shall be added to the Indebtedness and Borrower shall immediately reimburse American Family therefor upon demand, except American Family shall bear its own
costs of defense for any liabilities to the extent caused by American Family’s gross negligence or willful misconduct. The continuing failure of Borrower so to do shall constitute an Event of Default. 

  
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 7. Security Deposits. Borrower agrees, upon demand following an
Event of Default and the expiration of any applicable opportunity to cure under the Security Deed, to transfer to American Family all security deposits, if any, held by Borrower under the terms and provisions of any
Lease. Borrower agrees that such security deposits may be held by American Family without any allowance for interest thereon, except statutory interest accruing to the benefit of any Tenant, and shall become the absolute
property of American Family upon an occurrence of an Event of Default and the expiration of any applicable opportunity to cure under the Security Deed, subject to any rights of any such Tenant. Such security deposits in
the event of a default by any Tenant, shall be applied in accordance with the provisions of any such Lease. Until American Family makes such demand and the deposits are paid over to American Family, American Family
assumes no responsibility to any Tenant for any such security deposit. Borrower agrees to immediately reimburse American Family, upon request, for any security deposits received by Borrower and not remitted to American
Family, which are paid to any Tenant of Borrower by American Family. 
 8. Authorization to
Tenants. Each Tenant under any Lease is irrevocably authorized and directed to recognize the claims of American Family or any receiver appointed hereunder without investigating the reason for any action taken by
American Family, or such receiver, or the validity or the amount of Indebtedness owing to American Family, or the existence of any default under or by reason of any of the Loan Documents or the application to be made by
American Family or any receiver. Upon the occurrence of an Event of Default and the expiration of any applicable opportunity to cure under the Security Deed, Borrower irrevocably directs and authorizes each such
Tenant to pay to American Family or such receiver all sums due under any Lease without the necessity of a judicial determination that a default has occurred under any of the Loan Documents or that American Family
is entitled to exercise its rights hereunder. Upon the occurrence of an Event of Default and the expiration of any applicable opportunity to cure under the Security Deed, Borrower irrevocably directs and authorizes each such
Tenant to pay to American Family all sums due under any Lease. To the extent such sums are paid to American Family, Borrower agrees that each such Tenant shall have no further liability to Borrower
for the same. The sole signature of American Family or such receiver shall be sufficient for the exercise of any rights under this Assignment. The sole receipt of American Family or of such receiver for any sums received
shall be a full discharge and release therefor to any such Tenant or occupants of the Premises. Checks for all or any part of the Rents collected under this Assignment shall, upon notice from American Family or
such receiver, be drawn payable to the exclusive order of American Family or such receiver. 
 9.
Satisfaction. Upon payment in full of all Indebtedness as evidenced by a recorded release of the Security Deed executed by American Family, or its subsequent assigns, this Assignment shall, without the need
for any further satisfaction or release, become null and void and be of no further effect. 
 10. American Family Creditor
of Tenant. Upon an Event of Default and the expiration of any applicable opportunity to cure under the Security Deed, Borrower agrees that American Family, and not Borrower, shall be and be deemed to be a
creditor of any Tenant with respect to assignments for the benefit of creditors, bankruptcy, reorganization, 

  
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insolvency, dissolution, or receivership proceedings affecting such Tenant, (without obligation on the part of American Family, however, to file or make timely filings of claims in
such proceedings or otherwise to pursue creditor’s rights therein, and reserving the right to Borrower to make such filing in such event) with an option to American Family to apply any money received by American Family as
such creditor in reduction of the Indebtedness in the order determined by American Family in its sole discretion. 

11. American Family Attorney-in-Fact. Upon an Event of Default and the expiration of any applicable opportunity to
cure under the Security Deed, Borrower irrevocably appoints American Family, its successors and assigns, as its agent and attorney-in-fact, which appointment is coupled with an interest, to: (a) exercise any rights or
remedies hereunder and to execute and deliver during the term of this Assignment such instruments as American Family may deem necessary to make this Assignment and any further assignment effective and absolute; and
(b) demand, receive, and enforce payment, to give receipts, releases and satisfactions, and to sue, either in the name of Borrower or in the name of American Family, for all Rents or other sums payable under the
Lease. 
 12. Subsequent Leases; Rent Roll. Until the Indebtedness is paid in
full, Borrower shall deliver to American Family executed copies of any and all other and future Leases and agrees to make, execute and deliver unto American Family, upon demand, and at any time or times, any and all
assignments and other instruments sufficient to assign the Leases and the Rents thereunder to American Family or that American Family may deem advisable for carrying out the true purposes and intent of this
Assignment. Borrower agrees to furnish to American Family by April 30th following each calendar year when the Premises is not fully occupied by Tenant, a certified rent roll of the Premises dated as of the end of such calendar year disclosing current
Tenants, tenancies, Leases, Lease income and such other matters as American Family may reasonably request. Such rent roll, or accompanying documentation, shall additionally identify space which is not leased and shall
certify that the Leases are free of defaults by Borrower, and to Borrower’s knowledge, by Tenants (or if a default exists, the nature of such default). 
 13. Recourse. American Family shall have full recourse for payment of Indebtedness evidenced by the Note to the Leases and Rents assigned hereunder and to
all other assets of Borrower. Notwithstanding anything to the contrary contained in this Assignment, the liability of Borrower for the Indebtedness and for the performance of other agreements, covenants and obligations
contained herein shall be limited as set forth in the Note. 
 14. General Assignment of Leases and Rents.
The rights contained in this Assignment are in addition to and shall be cumulative with the rights given and created in Article 2 of the Security Deed, assigning generally all Leases, rents and profits of the Premises and
shall in no way limit the rights created thereunder. 
 15. No Mortgagee or Beneficiary in Possession. Nothing
herein contained and no actions taken pursuant to this Assignment shall be construed as constituting American Family a “‘Mortgagee’ or ‘Beneficiary’ in Possession”, unless American Family assumes
actual possession of the Premises. 

  
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 16. Continuing Rights. The rights and powers of American Family or any
receiver hereunder shall continue and remain in full force and effect until all Indebtedness is paid in full or released in writing by American Family. 
 17. Successors and Assigns. This Assignment and each and every covenant, agreement and provision hereof shall be binding upon Borrower, its successors and assigns including
without limitation each and every record owner of the Premises, from time to time, or any other person having an interest therein and shall inure to the benefit of American Family, its successors and assigns. As used herein the words
“successors and assigns” shall also be deemed to mean the heirs, executors, representatives and administrators of any natural person who is a party to this Assignment. 

18. Governing Law. Borrower and American Family agree, notwithstanding any conflict of law principles, that
this Assignment is intended to and shall be governed by the internal laws of the State of Georgia. 
 19. Validity
Clause. It is the intent of this Assignment to confer unto American Family the rights and benefits hereunder to the full extent allowable by law. The unenforceability or invalidity of any provision or provisions hereof shall
not render any other provision or provisions of this Assignment unenforceable or invalid. Any provisions found to be unenforceable shall be severable from this Assignment. 

20. Notices. Any notice which any party hereto may desire or may be required to give to any other party shall be in writing
and the mailing thereof by certified mail, or its equivalent, to the respective party’s address as set forth above or to such other place as such party may by notice in writing designate as its address, shall constitute service of notice.

 21. Defined Terms. All terms used in this Assignment which appear in boldface type and are not
defined herein, shall have the meaning ascribed to such term or terms in the Security Deed. 
 22. Costs of
Enforcement. To the extent permitted by law, Borrower agrees to pay American Family its reasonable attorneys’ and paralegals’ fees and costs, including all fees and costs incurred in litigation, mediation,
arbitration, bankruptcy and administrative proceedings, and appeals therefrom, and all court costs and other Recoverable Costs, incurred by American Family in the exercise of any right or remedy available to it under this
Assignment, whether or not suit is commenced. Whenever reference is made to the payment of “attorneys’ fees,” “reasonable attorneys’ fees” or words of similar import in this
Assignment, the same shall mean and refer to the payment of actual attorneys’ fees incurred based upon the attorney’s normal hourly rate and the number of hours worked, and not the statutory attorneys’ fees defined in O.C.G.A.
Section 13-1-11 

  
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 IN WITNESS WHEREOF, Borrower has caused this Assignment to be executed as the
authorized deed and voluntary act of said Borrower as of the date first above written. 
  

											
		 		  	DC-2775 NORTHWOODS PARKWAY, LLC,
		 		  	a Delaware limited liability company
	Signed, sealed and delivered in the presence of:	 		  	
	 		  	By:	  	Carter Validus Operating Partnership, LP,
		 		  		  	a Delaware limited partnership, its manager
	 /s/ Elizabeth Fay
	 		  	
	 Elizabeth Fay 
	 		  		  	By:	  	Carter Validus Mission Critical
	Unofficial Witness	 		  		  		  	REIT, Inc., a Maryland corporation,
		 		  		  		  	its general partner
	 /s/ April Tutor
	 		  	
	Notary Public	 		  		  		  	By:	 	 /s/ John E. Carter

	My commission expires:  October 20, 2013	 		  		  		  		 	John E. Carter,
		 		  		  		  		 	Chief Executive Officer

  

			
	STATE OF FLORIDA	  	)
		  	) ss.
	COUNTY OF HILLSBOROUGH	  	)

 1. This instrument was acknowledged before me this 13th day of March, 2012, by John E. Carter, Chief
Executive Officer of Carter Validus Mission Critical REIT, Inc., general partner of Carter Validus Operating Partnership, L.P., manager of DC-2775 Northwoods Parkway, LLC, a Delaware limited liability company, to me known to be the person who
executed the foregoing instrument by virtue of the authority vested in him in such capacity and acknowledged that he executed the same as the voluntary act and authorized deed of the limited liability company. 

 

			
	 /s/ April Tutor

	Notary Public, State of	 	 Florida

	My commission expires:	 	 October 20, 2013

  
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 EXHIBIT A 
 LEGAL DESCRIPTION 
 All that tract or parcel of land containing 3.222 acres lying and being
in Land Lot 256 of the 6th District of Gwinnett County, Georgia, and being more fully described as follows: 
 Beginning at
a concrete monument found at the Southerly end of a miter of the right-of-way intersection of the Northeasterly right-of-way of Langford Road, a right-of-way of varying widths (at this point being a 100 foot right-of-way), with the Southeasterly
right-of-way of Northwoods Parkway, a right-of-way of varying widths; thence along said right-of-way and miter North 06°07’42” East a distance of 19.41 feet to a  1/2 inch rebar pin found on said Southeasterly right-of-way of
Northwoods Parkway; thence along said right-of-way of Northwoods Parkway North 49°24’00” East a distance of 69.97 feet to a point; thence continuing along said right-of-way along a curve to the left having a radius of 507.47 feet an
arc distance of 62.44 feet (said arc being subtended by a chord bearing North 45°52’30” East a distance of 62.40 feet) to a point; thence continuing along said right-of-way North 42°21’00” East a distance of 65.55 feet to
a point; thence continuing along said right-of-way along a curve to the right having a radius of 447.46 feet an arc distance of 108.07 feet (said arc being subtended by a chord bearing North 49°16’00” East a distance of 107.81 feet) to
a point; thence continuing along said right-of-way North 56°11’15” East a distance of 250.36 feet to a point; thence continuing along said right-of-way along a curve to the left having a radius of 600.00 feet an arc distance of 172.43
feet (said arc being subtended by a chord bearing North 51°22’45” East a distance of 171.84 feet) to a point; thence continuing along said right-of-way North 39°57’45” East a distance of 16.73 feet to a nail found and the
TRUE POINT OF BEGINNING. 
 From the TRUE POINT OF BEGINNING thus established thence continuing along said
right-of-way North 39°57’45” East a distance of 359.64 feet to a  1/2 inch rebar pin found; thence leaving said right-of-way South 40°35’30” East a distance of 425.22 feet to a
 5/8 inch rebar pin found on the Northwesterly
right-of-way of a 200 foot right-of-way of Southern Railroad; thence along said Railroad right-of-way South 49°24’30” West a distance of 354.54 feet to a
 1/2 inch rebar pin found; thence leaving said
right-of-way North 40°37’32” West a distance of 366.20 feet to a nail found on aforesaid Southeasterly right-of-way of Northwoods Parkway and the TRUE POINT OF BEGINNING. 

  
 9ENVIRONMENTAL INDEMNITY AGREEMENT

 Exhibit 10.3 
 ENVIRONMENTAL INDEMNITY 
 AGREEMENT 

This Environmental Indemnity Agreement (“Indemnity”) is entered into this 14th day of March, 2012, by DC-2775 NORTHWOODS PARKWAY,
LLC, a Delaware limited liability company (“Borrower”) and CARTER/VALIDUS OPERATING PARTNERSHIP, LP (“Guarantors”) (Borrower and Guarantors shall collectively be
referred to herein as the “Indemnitors”), to and for the benefit of AMERICAN FAMILY LIFE INSURANCE COMPANY (“American Family”), its successors and assigns. 

RECITALS: 

A. American Family has agreed to lend Borrower the sum of Three Million Three Hundred Thousand and No/100 Dollars
($3,300,000.00) (the “Loan”), pursuant to the Promissory Note of even date herewith (“Note”), which Loan is secured by, among other things, a Deed to Secure Debt, Assignment of Rents and
Security Agreement of even date herewith from Borrower to American Family (“Security Deed”) on the real estate described in Exhibit A attached hereto, and the improvements constructed thereon and thereto (the
“Premises”), the terms of which are hereby incorporated herein by reference. 
 B. It is a condition of
American Family’s advancing funds to Borrower pursuant to the Note that this Indemnity be executed and delivered to American Family by Indemnitors. 

NOW THEREFORE, 
 IN CONSIDERATION OF THE FOREGOING AND OTHER VALUABLE CONSIDERATION, the receipt and adequacy of which is acknowledged, each Indemnitors agree as follows: 

1. (a) “Environmental Law” means any applicable current or future federal, state or local law, statute, regulation,
order, or rule, which regulates or affects environmental matters, including, without limitation, those relating to: (i) the treatment, storage, disposal, generation and transportation of any Hazardous Substance; (ii) air, soil,
water, electromagnetic or noise emissions or pollution; (iii) surface or ground water contamination; (iv) spills, discharges, leaks, emissions, escapes, dumping or other releases or threatened releases of any Hazardous Substance
into the environment, whether or not notification or reporting to any governmental agency was or is required; (v) the protection of wildlife, marine sanctuaries, vegetation and wetlands; (vi) the utilization of building products,
construction materials, construction techniques; (vii) the protection of natural resources; (viii) storage tanks, vessels and related equipment; (ix) abandoned or discarded barrels, containers and other closed receptacles;
(x) reporting and notification regarding any Hazardous Substance; or (xi) otherwise relating to the manufacture, processing, use, distribution, treatment, storage, disposal, transportation, or handling of any Hazardous
Substance. 

 (b) “Hazardous Substance” means: 

i) any pollutant, contaminant, pesticide, hazardous or extremely hazardous waste, or other hazardous or toxic substance,
chemical, waste or material within the meaning of any Environmental Law, including, without limitation, (A) any “hazardous substance” as defined by, or identified in or pursuant to, The Comprehensive Environmental
Response, Compensation and Liability Act, 42 U.S.C. Section 9601, et seq., and all amendments thereto and reauthorizations thereof; (B) any “hazardous waste” as defined by, or identified in or pursuant to, The Resource
Conservation and Recovery Act, 42 U.S.C. Section 6901, et seq., and all amendments thereto and reauthorizations thereof; (C) any “hazardous material” identified in or pursuant to The Hazardous Materials Transportation Act,
49 U.S.C. Section 5101, et seq., and all amendments thereto and reauthorizations thereof; (D) any chemical substance or mixture regulated under The Toxic Substance Control Act, 15 U.S.C. Section 2601, et seq., and all
amendments thereto and reauthorizations thereof; (E) any “toxic pollutant” under The Federal Water Pollution Control Act, 33 U.S.C. Section 1251, et seq., and all amendments thereto and reauthorizations thereof; or
(F) any “hazardous air pollutant” under The Clean Air Act, 42 U.S.C. Section 7401, et seq., and all amendments thereto and reauthorizations thereof; 

ii) petroleum, crude oil or any fraction thereof; 

iii) natural gas, natural gas liquids, liquified natural gas (all the foregoing collectively called “Natural Gas
Products”), synthetic gas or mixtures of Natural Gas Products and synthetic gas; 
 iv) any radioactive
material, including any source, special nuclear or byproduct material, however produced, as defined in the Atomic Energy Act, 42 U.S.C. Section 2011, et seq., and amendments thereto and reauthorizations thereof; 

v) asbestos-containing materials in any form or condition; 

vi) chemicals now subject to, or which become subject to, the OSHA Hazard Communication Standard, 29 C.F.R.
Section 1910.1200, et seq.; 
 vii) any hazardous biological agent or contaminant; 

viii) polychlorinated biphenyls (“PCBs”); or 

ix) any paint or other surface coatings that contain lead. 

  
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 2. (a) Indemnitors jointly and severally agree to indemnify, defend and hold
American Family harmless from and against, and shall reimburse American Family for, any and all losses, claims, liabilities, damages (including compensatory, consequential and punitive), injunctive relief, injuries to person, property
or natural resources, costs, expenses, actions or causes of action, arising from or in connection with: 
 i) any
spill, leakage, emission, presence, release or threatened release of any Hazardous Substance at the Premises; 
 ii) any obligation or liability arising under, or violation of, any Environmental Law with respect to the Premises; or 

iii) any obligation or liability arising under any Environmental Law with respect to any Hazardous Substance
at any offsite location which migrated or was transported from, or is alleged to have migrated or to have been transported from, the site of the Premises. 
 (b) The foregoing indemnity includes without limitation: all costs (in law or in equity) of removal, remediation of any kind, and disposal or treatment of any such Hazardous Substance; all
investigatory costs and all costs incurred in order to comply with, or remedy any violation of, any Environmental Law; all costs associated with claims for damages to persons, property, or natural resources; and American Family’s
reasonable attorneys’ and paralegals’ fees and costs, consultants’ fees and court costs. 
 (c) Under no
circumstances shall American Family be required or obligated to seek recovery from third parties in order to maintain a claim against Indemnitors. Indemnitors agree that the failure to pursue such recovery or mitigate any loss
will in no way reduce the amounts recoverable by American Family from Indemnitors. 
 (d)
Indemnitors, on behalf of themselves, their respective executors, representatives, heirs, successors and assigns, waives and releases American Family from any and all claims of any kind or character arising under or pursuant to
any Environmental Law with respect to the Premises, unless such claims arise from or relate to the acts or omissions of American Family or first arise from and after the date that American Family or a receiver
takes possession of the Premises or acquires title to the Premises through foreclosure or a deed in lieu of foreclosure. 
 (e) Indemnitors shall defend any claim or action subject to this Indemnity using counsel reasonably acceptable to American Family. If the Indemnitors’ defense is not
reasonably acceptable to American Family, American Family may elect, at its sole option, to defend, at Indemnitors’ sole cost, expense and risk, and using counsel selected by American Family and reasonably
acceptable to Indemnitors, any claim or action asserted by any third party which is subject to this Indemnity, by sending prompt written notice of such election to Indemnitors. 

  
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 (f) Notwithstanding anything to the contrary herein provided, the foregoing indemnity does
not apply to any losses, claims, liabilities, damages (including compensatory, consequential and punitive), injunctive relief, injuries to person, property or natural resources, costs, expenses, actions or causes of action arising from or relating
to acts or omissions of American Family or first arising from and after the date that American Family or a receiver takes possession of the Premises or acquires title to the Premises through foreclosure or a deed in lieu of foreclosure.

 3. The obligations of Indemnitors under this Indemnity shall survive satisfaction of the Loan, but only
to the extent of liabilities arising from or relating to the Premises while the Premises are owned or controlled by the Indemnitors and shall be independent of the obligations of Borrower to American Family in
connection with the Loan. The rights of American Family under this Indemnity shall be in addition to any other rights and remedies of American Family, including any other rights and remedies under any guaranty or
Loan Document at law or in equity. American Family shall have full recourse to the assets of Indemnitors for payment of the obligations of Indemnitors under this Indemnity. Notwithstanding the foregoing, this
Indemnity shall not cover any liability under Environmental Laws to the extent such liability is attributable to acts or omissions of parties other than Borrower, Guarantors or their affiliates occurring after
Borrower ceases to be the owner of or vested with an interest in the Premises. 
 4. Any amount properly claimed
hereunder by American Family, not paid by Indemnitors within thirty (30) days after written demand from American Family shall bear interest from the postmarked date of such demand at a rate per annum equal to the
Default Rate. 
 5. This Indemnity shall inure to the benefit of American Family, American
Family’s successors and assigns, and shall be binding upon Indemnitors, their respective executors, representatives, heirs, successors and assigns. 
 6. Indemnitors and American Family agree, notwithstanding any conflict of law principles, that this Indemnity is intended to be and shall be governed by and construed in accordance
with the laws of the State of Georgia. 
 7. All terms used in this Indemnity which appear in boldface type and
are not defined herein, shall have the meaning ascribed to such term or terms in the Security Deed. 
 8. Whenever
reference is made to the payment of “attorneys’ fees,” “reasonable attorneys’ fees” or words of similar import in this Indemnity, the same shall mean
and refer to the payment of actual attorneys’ fees incurred based upon the attorney’s normal hourly rate and the number of hours worked, and not the statutory attorneys’ fees defined in O.C.G.A. Section 13-1-11. 

[SIGNATURES ON FOLLOWING PAGES] 

  
 4 

 IN WITNESS WHEREOF, this Indemnity is executed by Indemnitors as
of the day and year first above written. 
  

							
	DC-2775 NORTHWOODS PARKWAY, LLC,
	a Delaware limited liability company
		
	By:	 	Carter Validus Operating Partnership, LP,
		 	a Delaware limited partnership, its manager
			
		 	By:	 	Carter Validus Mission Critical REIT, Inc.,
		 		 	a Maryland corporation, its general partner
				
		 		 	By:	 	 /s/ John E. Carter

		 		 		 	John E. Carter,
		 		 		 	Chief Executive Officer

  

			
	STATE OF FLORIDA	 	)
		 	) ss.
	COUNTY OF HILLSBOROUGH	 	)

 This instrument was acknowledged before me this 13th day of March, 2012, by John E. Carter, Chief Executive Officer of
Carter Validus Mission Critical REIT, Inc., general partner of Carter Validus Operating Partnership, L.P., manager of DC-2775 Northwoods Parkway, LLC, a Delaware limited liability company, to me known to be the person who executed the foregoing
instrument by virtue of the authority vested in him in such capacity and acknowledged that he executed the same as the voluntary act and authorized deed of the limited liability company. 

 

	
	 /s/ Elizabeth Fay

	Elizabeth Fay
	Notary Public, State of Florida
	My commission expires: August 24, 2015

 (CONTINUED) 

  
 5 

 
					
	CARTER/VALIDUS OPERATING
	PARTNERSHIP, LP, a Delaware limited partnership
		
	By:	 	Carter/Validus Mission Critical Reit, Inc.,
		 	a Maryland corporation, its general partner
			
		 	By:	 	 /s/ John E. Carter

		 		 	John E. Carter, Chief Executive Officer

  

			
	STATE OF FLORIDA	 	)
		 	) ss.
	COUNTY OF HILLSBOROUGH	 	)

 This instrument was acknowledged before me this 13th day of March, 2012, by John E. Carter, Chief Executive Officer of
Carter Validus Mission Critical Reit, Inc., General Partner of Carter Validus Operating Partnership, LP, a Delaware limited partnership, to me known to be the person who executed the foregoing instrument by virtue of the authority vested in on
behalf of said entity. 
  

	
	 /s/ Elizabeth Fay

	Elizabeth Fay
	Notary Public, State of Florida
	My commission expires: August 24, 2015

  
 6 

 EXHIBIT A 
 LEGAL DESCRIPTION 
 All that tract or parcel of land containing 3.222 acres lying and being
in Land Lot 256 of the 6th District of Gwinnett County, Georgia, and being more fully described as follows: 
 Beginning at
a concrete monument found at the Southerly end of a miter of the right-of-way intersection of the Northeasterly right-of-way of Langford Road, a right-of-way of varying widths (at this point being a 100 foot right-of-way), with the Southeasterly
right-of-way of Northwoods Parkway, a right-of-way of varying widths; thence along said right-of-way and miter North 06°07’42” East a distance of 19.41 feet to a  1/2 inch rebar pin found on said Southeasterly right-of-way of
Northwoods Parkway; thence along said right-of-way of Northwoods Parkway North 49°24’00” East a distance of 69.97 feet to a point; thence continuing along said right-of-way along a curve to the left having a radius of 507.47 feet an
arc distance of 62.44 feet (said arc being subtended by a chord bearing North 45°52’30” East a distance of 62.40 feet) to a point; thence continuing along said right-of-way North 42°21’00” East a distance of 65.55 feet to
a point; thence continuing along said right-of-way along a curve to the right having a radius of 447.46 feet an arc distance of 108.07 feet (said arc being subtended by a chord bearing North 49°16’00” East a distance of 107.81 feet) to
a point; thence continuing along said right-of-way North 56°11’15” East a distance of 250.36 feet to a point; thence continuing along said right-of-way along a curve to the left having a radius of 600.00 feet an arc distance of 172.43
feet (said arc being subtended by a chord bearing North 51°22’45” East a distance of 171.84 feet) to a point; thence continuing along said right-of-way North 39°57’45” East a distance of 16.73 feet to a nail found and the
TRUE POINT OF BEGINNING. 
 From the TRUE POINT OF BEGINNING thus established thence continuing along said
right-of-way North 39°57’45” East a distance of 359.64 feet to a  1/2 inch rebar pin found; thence leaving said right-of-way South 40°35’30” East a distance of 425.22 feet to a
 5/8 inch rebar pin found on the Northwesterly
right-of-way of a 200 foot right-of-way of Southern Railroad; thence along said Railroad right-of-way South 49°24’30” West a distance of 354.54 feet to a
 1/2 inch rebar pin found; thence leaving said
right-of-way North 40°37’32” West a distance of 366.20 feet to a nail found on aforesaid Southeasterly right-of-way of Northwoods Parkway and the TRUE POINT OF BEGINNING.

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