MULTIFAMILY NOTE MULTISTATE – FIXED TO FLOAT (REVISION DATE 3-30-2006)Multifamily Note • December 6th, 2007 • Consolidated Capital Institutional Properties • 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 WACHOVIA MULTIFAMILY CAPITAL, INC., a Delaware corporation, the principal sum of EIGHTY MILLION AND 00/100 DOLLARS (US $80,000,000.00), with interest on the unpaid principal balance, as hereinafter provided.
MULTIFAMILY MORTGAGE, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (PENNSYLVANIA – REVISION DATE 05-11-2004)Multifamily Mortgage, Assignment of Rents and Security Agreement • December 6th, 2007 • Consolidated Capital Institutional Properties • Real estate
THIS MULTIFAMILY MORTGAGE, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (the “Instrument”) is dated as of the 30th day of November, 2007, and effective as of the 30th day of November, 2007, between CCIP STERLING, L.P., a limited partnership organized and existing under the laws of Pennsylvania, whose address is c/o AIMCO, 4582 South Ulster Street Parkway, Suite 1100, Denver, Colorado 80237, as mortgagor (“Borrower”), and WACHOVIA MULTIFAMILY CAPITAL, INC., a corporation organized and existing under the laws of Delaware, whose address is The Seagram Building, 375 Park Avenue – NY4060, New York, New York 10152, as mortgagee (“Lender”). Borrower’s organizational identification number, if applicable, is N/A.
