EXHIBIT 10.3 PROMISSORY NOTE June 29, 2000 YAGER/KUESTER PUBLIC FUND LIMITED PARTNERSHIP A NORTH CAROLINA LIMITED PARTNERSHIP 1300 Altura Road Fort Mill, South Carolina 29715 (Individually and collectively "Borrower") FIRST UNION NATIONAL BANK 301...Promissory Note • August 14th, 2000 • Yager Kuester Public Fund 1986 Limited Partnership • Operators of apartment buildings • North Carolina
