Common use of Structured ARM Loan Clause in Contracts

Structured ARM Loan. 1. Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – Structured ARM (SOFR)) (6101.SARM (SOFR)). 2. Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – Structured ARM (SOFR)) (6102.SARM (SOFR)). 3. Schedule 3 to Multifamily Loan and Security Agreement – Schedule of Interest Rate Type Provisions (Structured ARM (SOFR)) and Fixed Rate Conversion Option (6103.SARM (SOFR)). 4. Schedule 4 to Multifamily Loan and Security Agreement (choose only the applicable one): (a) Schedule 4 to Multifamily Loan and Security Agreement - Prepayment Premium Schedule (Graduated Prepayment Premium – SARM) (6104.10). (b) Schedule 4 to Multifamily Loan and Security Agreement - Prepayment Premium Schedule (1% Prepayment Premium – ARM, SARM) (6104.11). 5. Interest Rate Cap Reserve and Security Agreement (6442). 6. (If required) Form of Opinion of Counsel to Issuer of Rate Cap Agreement (6444). 7. UCC Financing Statements (UCC-1s) and Assignments of UCC Financing Statements (UCC-3s) (or UCC-1s with UCC-1Ad Addendum) – with Schedule A to UCC Financing Statement (Rate Cap (SARM)) (6443).

Structured ARM Loan. 1. Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – Structured ARM (SOFR)) (6101.SARM (SOFR)). 2. Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – Structured ARM (SOFR)) (6102.SARM (SOFR)). 3. Schedule 3 to Multifamily Loan and Security Agreement – Schedule of Interest Rate Type Provisions (Structured ARM (SOFR)) and Fixed Rate Conversion Option (6103.SARM (SOFR)). 4. Schedule 4 to Multifamily Loan and Security Agreement (choose only the applicable one): (a) Schedule 4 to Multifamily Loan and Security Agreement - Prepayment Premium Schedule (Graduated Prepayment Premium – SARM) (6104.10). (b) Schedule 4 to Multifamily Loan and Security Agreement - Prepayment Premium Schedule (1% Prepayment Premium – ARM, SARM) (6104.11). 5. Interest Rate Cap Cap, Reserve and Security Agreement (6442). 6. (If required) Form of Opinion of Counsel to Issuer of Rate Cap Agreement (6444). 7. UCC Financing Statements (UCC-1s) and Assignments of UCC Financing Statements (UCC-3s) (or UCC-1s with UCC-1Ad Addendum) – with Schedule A to UCC Financing Statement (Rate Cap (SARM)) (6443).

Structured ARM Loan. 1. Schedule 1 to Multifamily Loan and Security Agreement – Definitions Schedule (Interest Rate Type – Structured ARM (SOFR)) (6101.SARM (SOFR)). 2. Schedule 2 to Multifamily Loan and Security Agreement – Summary of Loan Terms (Interest Rate Type – Structured ARM (SOFR)) (6102.SARM (SOFR)). 3. Schedule 3 to Multifamily Loan and Security Agreement – Schedule of Interest Rate Type Provisions (Structured ARM (SOFR)) and Fixed Rate Conversion Option (6103.SARM (SOFR)). 4. Schedule 4 to Multifamily Loan and Security Agreement (choose only the applicable one): (a) Schedule 4 to Multifamily Loan and Security Agreement - Prepayment Premium Schedule (Graduated Prepayment Premium – SARM) (6104.10). (b) Schedule 4 to Multifamily Loan and Security Agreement - Prepayment Premium Schedule (1% Prepayment Premium – ARM, SARM) (6104.11). 5. Interest Rate Cap Cap, Reserve and Security Agreement (6442). 6. (If required) Form of Opinion of Counsel to Issuer of Rate Cap Agreement (6444). 7. UCC Financing Statements (UCC-1s) and Assignments of UCC Financing Statements (UCC-3s) (or UCC-1s with UCC-1Ad Addendum) – with Schedule A to UCC Financing Statement (Rate Cap (SARM)) (6443).