0000711642-10-000051 Sample Contracts

MULTIFAMILY NOTE MULTISTATE – FIXED RATE (REVISION DATE 2-15-2008)
Multifamily Note • March 17th, 2010 • Shelter Properties Ii LTD 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 WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, the principal sum of Five Million One Hundred Twenty-One Thousand and 00/100 Dollars (US $5,121,000.00), with interest on the unpaid principal balance, as hereinafter provided.

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MULTIFAMILY NOTE MULTISTATE – FIXED RATE (REVISION DATE 2-15-2008)
Multifamily Note • March 17th, 2010 • Shelter Properties Ii LTD Partnership • Real estate

THIS AMENDED AND RESTATED MULTIFAMILY NOTE (“Amended and Restated Note”) is made effective as of the 11th day of March, 2010, by SHELTER PROPERTIES II LIMITED PARTNERSHIP,a South Carolina limited partnership ("Borrower")and the FEDERAL HOME LOAN MORTGAGE CORPORATION (“Lender”).

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