MULTIFAMILY DEED TO SECURE DEBT, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (GEORGIA – REVISION DATE 05-11-2004)And Security Agreement • April 21st, 2005 • Roberts Realty Investors Inc • Real estate investment trusts • Georgia
THIS MULTIFAMILY DEED TO SECURE DEBT, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (the “Instrument”) is made to be effective as of the 19th day of April, 2005, between ROBERTS PROPERTIES RESIDENTIAL, L.P., a limited partnership organized and existing under the laws of Georgia, whose address is 450 Northridge Parkway, Suite 302, Atlanta, Georgia 30350, as grantor (“Borrower”), and PRIMARY CAPITAL ADVISORS LC, a limited liability company organized and existing under the laws of the State of Georgia, whose address is 2060 Mount Paran Road, Suite 101, Atlanta, Georgia 30327, as grantee (“Lender”). Borrower’s organizational identification number, if applicable, is GA #K418365.
MULTIFAMILY NOTE MULTISTATE – FIXED TO FLOAT (REVISION DATE 10-01-2004)Roberts Realty Investors Inc • April 21st, 2005 • Real estate investment trusts
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 PRIMARY CAPITAL ADVISORS LC, a Georgia limited liability company, the principal sum of TWENTY-ONE MILLION AND NO/100 DOLLARS (US $21,000,000.00), with interest on the unpaid principal balance, as hereinafter provided.
GUARANTY MULTISTATE (for use in all jurisdictions except California) REVISION DATE 3-17-03Roberts Realty Investors Inc • April 21st, 2005 • Real estate investment trusts
This Guaranty (“Guaranty”) is entered into to be effective as of this 19th day of April, 2005, by the undersigned person(s) (the “Guarantor” jointly and severally if more than one), for the benefit of PRIMARY CAPITAL ADVISORS LC, a Georgia limited liability company (the “Lender”).
