0000912057-96-026575 Sample Contracts

PROMISSORY NOTE
Promissory Note • November 14th, 1996 • Apartment Investment & Management Co • Real estate investment trusts • Delaware

FOR VALUE RECEIVED, AIMCO Properties, L.P., a Delaware limited partnership (the "Company"), promises to pay to the order of BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION ("Bank") the principal amount of TWENTY FIVE MILLION DOLLARS AND NO/100 ($25,000,000.00) or, if less, the aggregate amount of Loans (as such term and all other capitalized terms used but not defined herein are defined in the Credit Agreement referred to below) made by the Bank to the Company pursuant to the Credit Agreement referred to below, outstanding on the Bridge Facility Maturity Date.

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GUARANTY
Payment Guaranty • November 14th, 1996 • Apartment Investment & Management Co • Real estate investment trusts • Colorado
ARTICLE I
Credit Agreement • November 14th, 1996 • Apartment Investment & Management Co • Real estate investment trusts • Colorado
GUARANTY
Payment Guaranty • November 14th, 1996 • Apartment Investment & Management Co • Real estate investment trusts • Colorado
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