0000711642-06-000243 Sample Contracts

MULTIFAMILY NOTE MULTISTATE – FIXED RATE (REVISION DATE 03-30-2006)
Multifamily Note • July 7th, 2006 • National Property Investors 4 • Real estate

FOR VALUE RECEIVED, the undersigned (together with such party's or parties' successors and assigns, "Borrower") jointly and severally (if more than one) promises to pay to the order of CAPMARK FINANCE INC., a California corporation, the principal sum of Thirteen Million Two Hundred Fifty Thousand and 00/100 Dollars (US $13,250,000.00), with interest on the unpaid principal balance, as hereinafter provided.

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AMENDED AND RESTATED MULTIFAMILY MORTGAGE, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (PENNSYLVANIA – REVISION DATE 05-11-2004)
Multifamily Mortgage, Assignment of Rents and Security Agreement • July 7th, 2006 • National Property Investors 4 • Real estate

THIS AMENDED AND RESTATED MULTIFAMILY MORTGAGE, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (this “Instrument”) is dated as of the 30th day of June, 2006, between NATIONAL PROPERTY INVESTORS 4, a limited partnership organized and existing under the laws of the State of California, whose address is c/o AIMCO, Stanford Place 3, 4582 S. Ulster St. Parkway, Suite 1100, Denver, Colorado 80237, as mortgagor (“Borrower”), and FEDERAL HOME LOAN MORTGAGE CORPORATION (“Lender”).

AMENDED AND RESTATED GUARANTY (Recast Transaction)
Guaranty • July 7th, 2006 • National Property Investors 4 • Real estate

THIS AMENDED AND RESTATED GUARANTY is made effective as of the 30th day of June, 2006, by AIMCO PROPERTIES, L.P., a Delaware limited partnership ("Guarantor"), for the benefit of the FEDERAL HOME LOAN MORTGAGE CORPORATION ("Lender").

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