O'Donnell Strategic Industrial REIT, Inc. - FORM 10-K - EX-10.14 - ASSIGNMENT AND ASSUMPTION OF MA PROPERTY NOTE - March 30, 2012

Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - O'Donnell Strategic Industrial REIT, Inc.Financial_Report.xls
10-K - FORM 10-K - O'Donnell Strategic Industrial REIT, Inc.d264756d10k.htm
EX-31.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER OF THE COMPANY - O'Donnell Strategic Industrial REIT, Inc.d264756dex311.htm
EX-10.7 - PROMISSORY NOTE - O'Donnell Strategic Industrial REIT, Inc.d264756dex107.htm
EX-10.8 - PROMISSORY NOTE - O'Donnell Strategic Industrial REIT, Inc.d264756dex108.htm
EX-31.2 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER OF THE COMPANY - O'Donnell Strategic Industrial REIT, Inc.d264756dex312.htm
EX-21.1 - SUBSIDIARIES OF THE COMPANY - O'Donnell Strategic Industrial REIT, Inc.d264756dex211.htm
EX-10.5 - AGREEMENT OF PURCHASE AND SALE AND JOIN ESCROW INSTRUCTIONS - O'Donnell Strategic Industrial REIT, Inc.d264756dex105.htm
EX-32.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER - O'Donnell Strategic Industrial REIT, Inc.d264756dex321.htm
EX-10.10 - FIRST AMENDMENT TO AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS - O'Donnell Strategic Industrial REIT, Inc.d264756dex1010.htm
EX-10.11 - ASSIGNMENT OF AGREEMENT FOR PURCHASE AND SALE - O'Donnell Strategic Industrial REIT, Inc.d264756dex1011.htm
EX-10.12 - ASSIGNMENT OF AGREEMENT FOR PURCHASE AND SALE - O'Donnell Strategic Industrial REIT, Inc.d264756dex1012.htm
EX-10.13 - ASSIGNMENT AND ASSUMPTION OF LA PROPERTY NOTE - O'Donnell Strategic Industrial REIT, Inc.d264756dex1013.htm
EX-10.6 - AGREEMENT OF PURCHASE AND SALE AND JOIN ESCROW INSTRUCTIONS - O'Donnell Strategic Industrial REIT, Inc.d264756dex106.htm
EX-10.9 - FIRST AMENDMENT TO AGREEMENT OF PURCHASE AND SALE AND JOINT ESCROW INSTRUCTIONS - O'Donnell Strategic Industrial REIT, Inc.d264756dex109.htm

Exhibit 10.14

ASSIGNMENT AND ASSUMPTION OF MA PROPERTY NOTE

 

Maker of Note:

   

O’DONNELL ACQUISITIONS, LLC

3 San Joaquin Plaza

Newport Beach, California 92660

Assignee:

   

OD FDX Massachusetts, LLC

3 San Joaquin Plaza

Newport Beach, California 92660

Note:

   

Date:

    November 21, 2011

Original Amount:

    $100,100

Holder:

    JDO Family Limited Partnership

For good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, Maker of the Note, a copy which is attached hereto as Exhibit A, transfers and assigns the Note to Assignee and Assignee hereby assumes Maker’s obligations under the Note from the date hereof. Pursuant to the terms of the Note, Maker shall be released from its obligations under this Note for the Loan Amount and all interest accrued from the date hereof. Maker shall remain obligated to pay all accrued and unpaid interest through 12:01 a.m. on the date hereof. This assignment is made WITHOUT RECOURSE OR WARRANTY, EXPRESS OR IMPLIED.

Executed this 23rd day of February, 2012.

 

O’DONNELL ACQUISITIONS, LLC
By:             /s/  Douglas D. O’Donnell        
Name:       Douglas D. O’Donnell

Title:

    

 

OD FDX MASSACHUSETTS, LLC
By:             /s/  Douglas D. O’Donnell        
Name:       Douglas D. O’Donnell

Title:

    

 

JDO FAMILY LIMITED PARTNERSHIP
By:             /s/  Douglas D. O’Donnell        
Name:       Douglas D. O’Donnell

Title:

    

O'Donnell Strategic Industrial REIT, Inc. Reports