0000711642-09-000648 Sample Contracts

MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT
And Security Agreement • October 9th, 2009 • Consolidated Capital Institutional Properties 3 • Real estate investment trusts

THIS AMENDED AND RESTATED MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (RECAST TRANSACTION) (the "Instrument") is made to be effective as of this 5th day of October, 2009, between TAMARAC VILLAGE, LLC, a limited liability company organized and existing under the laws of Delaware whose address is c/o AIMCO, 4582 South Ulster Street Parkway, Suite 1100, Denver, Colorado 80237 as trustor ("Borrower") and FEDERAL HOME LOAN MORTGAGE CORPORATION, as beneficiary ("Lender").

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MULTIFAMILY NOTE MULTISTATE – FIXED RATE (REVISION DATE 2-15-2008)
Multifamily Note • October 9th, 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 Two Million Six Hundred Thousand and 00/100 Dollars (US $2,600,000.00), 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 • October 9th, 2009 • Real estate investment trusts

This Guaranty ("Guaranty") is entered into to be effective as of October 5, 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 NOTE MULTISTATE – FIXED RATE (REVISION DATE 2-15-2008)
Multifamily Note • October 9th, 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 5th day of October, 2009, by TAMARAC VILLAGE, LLC, a Delaware limited liability company ("Borrower")and the FEDERAL HOME LOAN MORTGAGE CORPORATION (“Lender”).

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