MULTIFAMILY LOAN AND SECURITY AGREEMENT (Revised 5-5-2017)Multifamily Loan and Security Agreement • October 13th, 2017 • Inland Residential Properties Trust, Inc. • Real estate investment trusts
AGREEMENT FOR AMENDMENT OF DOCUMENTSInland Residential Properties Trust, Inc. • October 13th, 2017 • Real estate investment trusts
The undersigned (“Parties”) executing this Agreement are parties to a certain loan transaction pursuant to an application made to and accepted by BERKADIA COMMERCIAL MORTGAGE LLC, a Delaware limited liability company (“Lender”) wherein Lender will make and sell to FEDERAL HOME LOAN MORTGAGE CORPORATION (“Freddie Mac”) a first mortgage in the amount of $21,930,000.00 (the “Loan”) to the owner(s) (“Owner”) of a project commonly known as Verandas at Mitylene, located in Montgomery (Montgomery County), Alabama.
MULTIFAMILY MORTGAGE, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT ALABAMA (Revised 3-1-2014)And Security Agreement • October 13th, 2017 • Inland Residential Properties Trust, Inc. • Real estate investment trusts • Alabama
THIS MULTIFAMILY MORTGAGE, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (“Instrument”) is made as of the 27th day of July, 2017, between IRESI MONTGOMERY MITYLENE, L.L.C., a limited liability company organized and existing under the laws of Delaware, whose address is 2901 Butterfield Road, Oak Brook, Illinois 60523, as mortgagor (“Borrower”), and BERKADIA COMMERCIAL MORTGAGE LLC, a limited liability company organized and existing under the laws of Delaware, whose address is 323 Norristown Road, Suite 300, Ambler, Pennsylvania 19002, Attention: Servicing - Executive Vice President, as mortgagee (“Lender”). Borrower’s organizational identification number, if applicable, is 6445304.
GUARANTY MULTISTATE (Revised 5-5-2017)Inland Residential Properties Trust, Inc. • October 13th, 2017 • Real estate investment trusts
THIS GUARANTY (“Guaranty”) is entered into to be effective as of July 27, 2017, by INLAND RESIDENTIAL PROPERTIES TRUST, INC., a Maryland corporation (“Guarantor”, collectively if more than one), for the benefit of BERKADIA COMMERCIAL MORTGAGE LLC, a Delaware limited liability company (“Lender”).
