RECITALS:Assignment and Assumption Agreement • December 28th, 1998 • Cornerstone Realty Income Trust Inc • Real estate investment trusts
OFCornerstone Realty Income Trust Inc • December 28th, 1998 • Real estate investment trusts • Virginia
ARTICLE I THE PROPERTYPurchase Contract • December 28th, 1998 • Cornerstone Realty Income Trust Inc • Real estate investment trusts
EXHIBIT 10.4 REVOLVING CREDIT NOTE ---------------------Revolving Credit Note • December 28th, 1998 • Cornerstone Realty Income Trust Inc • Real estate investment trusts
This Note is the Note referred to in, and is entitled to the benefits of, the Credit Agreement dated of even date herewith (as amended, restated, supplemented or otherwise modified, the "Credit Agreement") by and among the Borrowers and the Bank. The Credit Agreement contains, among other things, provisions for the time, place and manner of payment of this Note, the determination of the interest rate borne by and fees payable in respect of this Note, acceleration of the payment of this Note upon the happening of certain stated events and the mandatory repayment of this Note under certain circumstances,
RECITALSDisposition Agreement • December 28th, 1998 • Cornerstone Realty Income Trust Inc • Real estate investment trusts • Virginia
Exhibit 10.6 CORNERSTONE REALTY INCOME TRUST, INC. 306 EAST MAIN STREET RICHMOND, VIRGINIA 23219 September 30, 1998 Apple Residential Advisors, Inc. 306 East Main Street Richmond, Virginia 23219 Attention: Glade M. Knight Apple Residential Income...Cornerstone Realty Income Trust Inc • December 28th, 1998 • Real estate investment trusts
Pursuant to section 3 of the Advisory Agreement Subcontract dated March 1, 1997 (the "Agreement") by and among Apple Residential Income Trust, Inc., Apple Residential Advisors, Inc. and Cornerstone Realty Income Trust, Inc. ("Cornerstone"), Cornerstone hereby terminates the Agreement in its entirety effective September 30, 1998.
Exhibit 10.3 CREDIT AGREEMENT THIS CREDIT AGREEMENT is made and entered into as of the 16th day of October, 1998 by and among CORNERSTONE REALTY INCOME TRUST, INC., a corporation organized under the laws of the Commonwealth of Virginia,...Credit Agreement • December 28th, 1998 • Cornerstone Realty Income Trust Inc • Real estate investment trusts
RECITALSBill of Sale and Note • December 28th, 1998 • Cornerstone Realty Income Trust Inc • Real estate investment trusts • Virginia
Exhibit 10.5 CORNERSTONE REALTY INCOME TRUST, INC. 306 EAST MAIN STREET RICHMOND, VIRGINIA 23219 September 30, 1998 Apple Residential Management Group, Inc. 306 East Main Street Richmond, Virginia 23219 Attention: Glade M. Knight Apple Residential...Cornerstone Realty Income Trust Inc • December 28th, 1998 • Real estate investment trusts
Pursuant to section 3 of the Property Management Agreement Subcontract dated March 1, 1997 (the "Agreement") by and among Apple Residential Income Trust, Inc., Apple Residential Management Group, Inc. and Cornerstone Realty Income Trust, Inc. ("Cornerstone"), Cornerstone hereby terminates the Agreement in its entirety effective September 30, 1998.
