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IN WITNESS WHEREOF, <br />the parties hereto have executed this Grant of Easements on <br />the above date. <br />GRANTOR:PIPE PORTFOLIO OWNER (MULTI) LP, <br />a Delaware limited partnership <br />By:PIPE PORTFOLIO GP LLC, <br />a Delaware limited liability company, <br />its general partner <br />By:WPC HOLDCO LLC, <br />a Maryland limited liability company, <br />its sole member <br />By: W. P. CAREY INC., <br />a Maryland corporation, <br />its sole member <br />By: <br />Name: <br />Title: <br />STATE OF_______________ ) <br />)ss. <br />COUNTY OF_____________ ) <br />The foregoing instrument was acknowledged before me this day of , <br />201, by ________________________, the __________________ of W. P. CAREY INC., a <br />Maryland corporation, as sole member of WPC HOLDCOLLC, a Maryland limited liability <br />company, as sole member of PIPE PORTFOLIO GP LLC, a Delaware limited liability company, <br />as general partner of PIPE PORTFOLIO OWNER (MULTI) LP, a Delaware limited partnership. <br />Notary Public <br />6 <br />191673v14 <br /> <br />