Real Estate Loan Agreement

FEE INFORMATION (Not to be Distributed outside of LCC)

1. Exit Fee:

2. Spread Maintenance Fee:

3. Spread Maintenance Fee and/or Exit Fee waived for Refinance?

I. Property Information :

a) Property Name(s):

b) Property Location(s):

55 East Birch Street, Chicago, Illinois

55 East Sears Street, Chicago, Illinois

55 East Wisconsin Street, Chicago, Illinois

55 West Ash Street, Chicago, Illinois

5555 South Knox Road, Las Vegas, Nevada

c) Property Type(s):

d) Mortgaged Interest(s) (Fee / Leasehold / Condo):

II. Basic Loan Information:

1. Principal Amount at Closing:

2. Origination Date:

3. First Payment Date:

April 9, 2019.

4. Amortization Term (# of months, description if non-standard amortization schedule):

5. Interest Only Term, if any (# of months):

6. Fixed/Floating:

7. Interest Rate:

8. Default Rate:

9. Late Payment Fee:

10. Monthly Debt Service Payment (after any Interest Only period):

11. If floating, LIBOR details (reset, floor, rounding, etc.):

12. If floating, was a rate cap obtained (and, if so, indicate strike rate):

13. Maturity Date:

14. Extension Options (including rate changes and conditions):

15. Grace Period for principal and interest payments:

16. Grace Period for events of default:

17. First Mortgage Lien (Yes/No):

18. Cross collateralized or cross defaulted with any other loan (Yes/No):

19. Future Advances (Yes/No); Use of Proceeds; Material Conditions to Advances:

20. Interest Accrual (confirm Actual/360):

III. Prepayments:

1. Prepayments permitted:

a. Prepayment in full permitted (Yes/No; if yes, indicate lockout period):

b. Partial prepayment permitted (Yes/No; if yes, indicate lockout period):

c. Day of Month Prepayment Permitted:

2. If multiple properties, can individual properties be released (if so, indicate release price formula and the nature of any related DSCR test):

IV. Borrower/Sponsor

1. Borrower Names:

2. State of Organization:

3. Is Borrower required to be an SPE (and if Borrower is an LP, is GP required to be an SPE):

4. Two independent directors required (Yes/No):

5. Nonrecourse carveout guaranty executed by sponsor? If yes, indicate name of sponsor and, if relevant, type of entity and state of formation.

6. Transfers of equity in borrower in excess of 49% prohibited, except to entities pre-approved in loan documents or meeting financial criteria set forth in loan documents?

V. Property Management

1. Name of Manager:

VI. Cash Management

1. Lockbox Type (none/springing/soft springing/hard):

2. Tenants pay into lockbox or cash management account under lender control from inception of loan? (If “No” explain trigger for requiring payments into a lockbox – EOD/DSCR/Debt Yield/Occupancy/Lease Sweep/Guarantor)

3. No monthly release of revenues to Borrower until amount sufficient for reserves and debt service accumulates in cash management account?

4. Cash Management Bank required to be an “eligible institution” and all collateral accounts are required to be “eligible accounts”?

5. Collateral accounts pledged to lender?

6. Cash trap if NOI, Debt Yield, Occupancy or DSCR falls below threshold (if “Yes”, indicate threshold level).

7. Cash trap during an Event of Default (Yes/No):

8. Upfront Reserves For:

a. Deferred Maintenance (Immediate repair)

b. TI/LCs (Rollover Reserve)

c. Unfunded Obligations

d. Capex

e. FF&E

f. Other

9. Ongoing reserves for (indicate if required at all times, or only during trigger period):

a. Tax & Insurance

b. TI/LC (Rollover Reserve)

c. Capex

d. FF&E

e. Other

VII. Permitted Debt/Encumbrances

1. No additional debt, except for trade payables and ordinary course equipment leases and indemnities?

2. Trade payables may not exceed:

3. Mezz debt prohibited:

4. Preferred equity prohibited:

5. Restrictions on Encumbrances:

VIII. Insurance

1. Types of Coverage

a. Casualty required

b. Liability required

c. Flood if in 100 year flood plain required

d. Ordinance and law coverage required if property non-conforming

e. Earthquake required if in seismic zone

a. PML if required:

f. Windstorm required

g. Business Interruption required (indicate number of months)

h. Workers compensation

i. Terrorism (specify cap, if any)

j. Insurance catchall

2. Minimum ratings for insurers

3. Lender holds loss proceeds over a threshold that does not exceed 5% of Loan Amount

4. Insurance certificates name lender, together with its successors and assigns as additional insured and loss payee, as applicable?

IX. Miscellaneous

1. Is lender approval required for any major lease (or any termination or amendment thereof)?