0000711642-09-000652 Sample Contracts

MULTIFAMILY NOTE
Multifamily Note • October 13th, 2009 • Century Properties Fund Xiv • 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 corporation organized and existing under the laws of Delaware, whose address is The Seagram Building, 375 Park Avenue, 9th Floor, New York, New York 10152, as beneficiary (“Lender”), the principal sum of THREE MILLION ONE HUNDRED TWENTY-FIVE THOUSAND AND 00/100 DOLLARS (US $3,125,000.00), with interest on the unpaid principal balance, as hereinafter provided.

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GUARANTY
Century Properties Fund Xiv • October 13th, 2009 • Real estate

This Guaranty ("Guaranty") is entered into to be effective as of October 2, 2009, by the undersigned person(s) (the "Guarantor" jointly and severally if more than one), for the benefit of WACHOVIA MULTIFAMILY CAPITAL, INC., a Delaware corporation (the "Lender").

Contract
Security Agreement and Fixture Filing • October 13th, 2009 • Century Properties Fund Xiv • Real estate

RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: Blank Rome LLP The Chrysler Building 405 Lexington Avenue New York, New York 10174-0208 Attention: Carol M. Joseph, Esq. Federal Home Loan Numbers: Old Loan #002649160 New Loan #504180193 Sun RiverVillageApartments County: Maricopa

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