MULTIFAMILY NOTE MULTISTATE – FIXED RATE (REVISION DATE 2-15-2008)Multifamily Note • April 6th, 2009 • Consolidated Capital Institutional Properties 3 • Real estate investment trusts
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 Four Million Thirty Thousand and 00/100 Dollars (US $4,030,000.00), with interest on the unpaid principal balance, as hereinafter provided.
GUARANTY MULTISTATE (for use in all Property jurisdictions except California)Consolidated Capital Institutional Properties 3 • April 6th, 2009 • Real estate investment trusts
This Guaranty ("Guaranty") is entered into to be effective as of March 31, 2009, by the undersigned person(s) (the "Guarantor" jointly and severally if more than one), for the benefit of CAPMARK BANK, a Utah industrial bank (the "Lender").
MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENTSecurity Agreement • April 6th, 2009 • Consolidated Capital Institutional Properties 3 • Real estate investment trusts
THIS MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (the "Instrument") is made to be effective as of this 31st day of March, 2009, by CEDAR RIM APARTMENTS, LLC, a limited liability company organized and existing under the laws of Delaware, whose address is c/o AIMCO, Stanford Place 3, 4582 South Ulster Street Parkway, Suite 1100, Denver, Colorado 80237, as grantor ("Borrower"), to STEWART TITLE GUARANTY COMPANY, 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 4656813.
MULTIFAMILY NOTE MULTISTATE – FIXED RATE (REVISION DATE 2-15-2008)Multifamily Note • April 6th, 2009 • Consolidated Capital Institutional Properties 3 • Real estate investment trusts
THIS AMENDED AND RESTATED MULTIFAMILY NOTE (“Amended and Restated Note”) is made effective as of the 31st day of March, 2009, by CEDAR RIM APARTMENTS, LLC, a Delaware limited liability company ("Borrower")and the FEDERAL HOME LOAN MORTGAGE CORPORATION (“Lender”).
