MULTIFAMILY NOTE MULTISTATE – FIXED TO FLOATMultifamily Note • July 7th, 2008 • Shelter Properties v Limited Partnership • 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 BANK, a Utah industrial bank, the principal sum of Two Million Four Hundred Thousand and 00/100 Dollars (US $2,400,000.00), with interest on the unpaid principal balance, as hereinafter provided.
MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (NORTH CAROLINA – REVISION DATE 05-11-2004)Multifamily Deed of Trust, Assignment of Rents and Security Agreement • July 7th, 2008 • Shelter Properties v Limited Partnership • Real estate
THIS MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (the "Instrument") is made to be effective as of this June 30, 2008, among SHELTER PROPERTIES V LIMITED PARTNERSHIP, a limited partnership organized and existing under the laws of South Carolina, whose address is c/o AIMCO, Stanford Place 3, 4582 South Ulster Street Parkway, Suite 1100, Denver, Colorado 80237, as grantor ("Borrower"), to MARK S. SHIEMBOB AND BERNICE H. CILLEY, as trustee ("Trustee"), for the benefit of CAPMARK BANK, an industrial bank organized and existing under the laws of Utah, whose address is 6955 Union Park Center, Suite 330, Midvale, Utah 84047, Attn: President, as beneficiary (“Lender”). Borrower's organizational identification number, if applicable, is N/A.
