SECOND AMENDMENT TO AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY

THIS SECOND AMENDMENT TO AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY (this “Amendment”) is made as of August 24, 2015, by and between AMERICAN REALTY CAPITAL VII, LLC, a Delaware limited liability company (“Buyer”), and GALEVA LLC, an Illinois limited liability company (“Seller”).

WHEREAS, Buyer, Davessa Venture, LLC, an Iowa limited liability company (the “310 Seller”), S.J. Russell, LLC, an Iowa limited liability company (the “336 Seller” and, together with the 310 Seller, the “Original Sellers”), entered into that certain Agreement for Purchase and Sale of Real Property, having an effective date as of July 2, 2015 (the “Original Agreement”), as amended by that certain First Amendment to Agreement for Purchase and Sale of Real Property, dated August 3, 2015, by and among Buyer, Original Sellers and Seller (the Original Agreement, as amended, is hereinafter referred to as the “Agreement”), with regard to the Property, as more particularly described in the Agreement; and

WHEREAS, Buyer and Seller wish to amend the Agreement as provided herein;

NOW, THEREFORE, in consideration of the mutual promise contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree that the Agreement shall be amended as follows:

“Buyer and Seller hereby acknowledge that the Tenant of the 310 Property pays rent (the ‘VA Rent’) in arrears, and agree that if, as of the Closing Date, Seller has not received VA Rent for the month in which Closing occurs, the VA Rent shall not be prorated on the Closing Date. If, following the Closing Date, Buyer receives the VA Rent for the month in which Closing occurred, Buyer shall remit to Seller Seller’s pro-rated portion of such VA Rent within ten (10) business days after receipt thereof. If, following the Closing Date, Seller receives any VA Rent which is attributable to the month in which the Closing occurred or any period after the Closing Date, Seller will notify Buyer of such fact and will remit to Buyer Buyer’s pro-rated portion of such VA Rent within ten (10) business days after receipt thereof. The provisions of this subparagraph 4(b) shall survive Closing.”