SEC Contract Filing

Filing Date: 2015-03-04

Document Content:
<DOCUMENT>
<TYPE>EX-10.218
<SEQUENCE>77
<FILENAME>v402637_ex10-218.htm
<DESCRIPTION>EXHIBIT 10.218
<TEXT>
<HTML>
<HEAD>
 <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 10.218</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">MULTIFAMILY LOAN AND SECURITY AGREEMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(NON-RECOURSE)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BY AND BETWEEN</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">BR CARROLL ARIUM GRANDE LAKES OWNER, LLC, a
Delaware limited</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">liability company</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">AND</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">WALKER &amp; DUNLOP, LLC, a Delaware limited
liability company</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">DATED AS OF</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">November 4, 2014</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.1pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.1pt"><img src="tex10-218logo.jpg"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.1pt; text-align: center">&nbsp;</P>

<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 1 -->
 <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
 <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
 <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2.6pt; text-align: center"><B>TABLE OF CONTENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1.9pt; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <td colspan="2"><font style="font: 10pt Times New Roman, Times, Serif"><b>ARTICLE &nbsp;1 - DEFINITIONS; &nbsp;SUMMARY OF MORTGAGE LOAN TERMS</b></font></td>
 <TD STYLE="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>1</b></font></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
 <TD STYLE="width: 10%; text-align: center">&nbsp;</td>
 <TD STYLE="width: 80%">&nbsp;</td>
 <TD STYLE="width: 10%; text-align: right; vertical-align: bottom">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD COLSPAN="2" STYLE="text-align: left; padding-left: 0.125in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">SECTION 1.01</FONT> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font: 10pt Times New Roman, Times, Serif">DEFINED
TERMS</FONT></td>
 <TD STYLE="text-align: right; vertical-align: bottom"><B>1</B></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
 <TD COLSPAN="2" STYLE="text-align: left; padding-left: 0.125in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">SECTION 1.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT> <FONT STYLE="font: 10pt Times New Roman, Times, Serif">SCHEDULES, EXHIBITS, AND ATTACHMENTS INCORPORATED</FONT></td>
 <TD STYLE="text-align: right; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif">1</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD STYLE="text-align: center">&nbsp;</td>
 <TD>&nbsp;</td>
 <TD STYLE="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"></font></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
 <td colspan="2"><font style="font: 10pt Times New Roman, Times, Serif"><b>ARTICLE 2 - GENERAL MORTGAGE LOAN TERMS</b></font></td>
 <TD STYLE="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>2</b></font></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
 <TD STYLE="text-align: center">&nbsp;</td>
 <TD>&nbsp;</td>
 <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
 <TD COLSPAN="2" STYLE="text-align: left; padding-left: 0.125in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">SECTION 2.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
MORTGAGE LOAN ORIGINATION AND SECURITY</FONT></td>
 <TD STYLE="text-align: right; vertical-align: bottom">&nbsp;</td></tr>
<TR STYLE="vertical-align: top;