MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT AND FIXTURE FILING (TEXAS)Multifamily Deed of Trust, Assignment of Rents and Security Agreement and Fixture Filing • December 3rd, 2009 • Davidson Income Real Estate Lp • Real estate
THIS MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (the “Instrument”) is dated as of the 30th day of November, 2009, by AIMCO COVINGTON POINTE, L.P.,a limited partnership organized and existing under the laws of Delaware, whose address is Stanford Place 3, 4582 South Ulster Street Parkway, Suite 1100, Denver, Colorado 80237, as trustor (“Borrower”), to J. Paxton, Esq., as trustee (“Trustee”), for the benefit of KeyCorp Real Estate Capital Markets, Inc., a corporation organized and existing under the laws of Ohio, whose address is 911 Main Street, Suite 1500, Kansas City, Missouri 64105, as beneficiary (“Lender”).
MULTIFAMILY NOTEMultifamily Note • December 3rd, 2009 • Davidson Income Real Estate Lp • Real estate
FOR VALUE RECEIVED, the undersigned ("Borrower") jointly and severally (if more than one) promises to pay to the order of KeyCorp Real Estate Capital Markets, Inc., an Ohio corporation, the principal sum of Five Million Eight Hundred Fifty Thousand and No/100ths Dollars (US $5,850,000.00), with interest accruing at the Interest Rate on the unpaid principal balance from the Disbursement Date until fully paid.
