SEC Contract Filing

Filing Date: 2016-07-20

Document Content:
<DOCUMENT>
<TYPE>EX-10.13
<SEQUENCE>14
<FILENAME>v444533_ex10-13.htm
<DESCRIPTION>EXHIBIT 10.13
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.13</B></P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Prepared by, and after recording</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Ashant&eacute; L. Smith, Esquire</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Troutman Sanders LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Post Office Box 1122</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Richmond, Virginia 23218-1122</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>(MULTIFAMILY DEED TO SECURE DEBT, ASSIGNMENT
OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING)</U></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>WALKER &amp; DUNLOP,
LLC</B>, a Delaware limited liability company, whose address is 7501 Wisconsin Avenue, Suite 1200E, Bethesda, Maryland 20814 (&quot;<B>Lender</B>&quot;),
as the holder of the instrument hereinafter described and for valuable consideration hereby endorses, assigns and delivers to <B>FANNIE
MAE</B>, a corporation organized under the laws of the United States of America, whose address is c/o<B> </B>Walker &amp; 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:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-align: justify">A Multifamily Deed to Secure Debt,
Assignment of Leases and Rents, Security Agreement and Fixture Filing, among BR Carroll Tenside, LLC, a Delaware limited liability
company (the &quot;<B>Borrower</B>&quot;), and Lender, as Mortgagee, dated as of the 14th day of July, 2016, and recorded immediately
prior hereto, in the Fulton County, Georgia Records, securing the payment of a Multifamily Note, dated as of the 14th day of July,
2016, in the original principal amount of $52,150,000.00 made by the Borrower, payable to the order of Lender, and creating a first
lien on the Leasehold Estate (as defined in the Security Instrument) in the property described in <U>Exhibit&nbsp;A</U> attached
hereto and by this reference made a part hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Together with any and all
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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">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.</P>

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