Guaranty of Non-Recourse Carve-Outs Sample Contracts

GUARANTY OF NON-RECOURSE CARVE-OUTS
Guaranty of Non-Recourse Carve-Outs • September 20th, 2010 • Grubb & Ellis Healthcare REIT II, Inc. • Real estate investment trusts
GUARANTY OF NON-RECOURSE CARVE-OUTS
Guaranty of Non-Recourse Carve-Outs • August 25th, 2015 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts

Lender: Sun Life Assurance Company of Canada, a Canadian corporation, together with other holders from time to time of the Note (as herein defined).

GUARANTY OF NON-RECOURSE CARVE-OUTS
Guaranty of Non-Recourse Carve-Outs • November 14th, 2025 • BlackRock Monticello Debt Real Estate Investment Trust • Real estate investment trusts • Illinois

THIS GUARANTY OF NON-RECOURSE CARVE-OUTS (as the same may be amended, supplemented or otherwise modified from time to time, this “Guaranty”) is made as of October 28, 2025, by BLACKROCK MONTICELLO DEBT REAL ESTATE INVESTMENT TRUST, a Maryland statutory trust (“Guarantor”) to CIBC BANK USA, an Illinois banking corporation (“Administrative Agent”), and its successors and assigns, for itself as a Lender and as the administrative agent for the “Lenders” as defined in and that are parties to the Loan Agreement (as hereinafter defined).