0001021408-01-506172 Sample Contracts

OPERATING AGREEMENT OF CRIT-NC IV, LLC
Operating Agreement • August 30th, 2001 • Cornerstone Realty Income Trust Inc • Real estate investment trusts • Delaware
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LIMITED PARTNERSHIP AGREEMENT OF CAC V LIMITED PARTNERSHIP
Limited Partnership Agreement • August 30th, 2001 • Cornerstone Realty Income Trust Inc • Real estate investment trusts • Virginia
RECITALS:
Property Management Agreement • August 30th, 2001 • Cornerstone Realty Income Trust Inc • Real estate investment trusts • Texas
The Undersigned acknowledges an assignment of documents contained in that certain Deed of Trust and Security Agreement (the "Deed of Trust") to be ------------- executed and delivered by CRIT-VA III, INC., a Virginia corporation ("Borrower") --------...
Consent and Agreement • August 30th, 2001 • Cornerstone Realty Income Trust Inc • Real estate investment trusts

The Undersigned does hereby agree that: (i) in the event of either (a) any material default by Borrower under the terms of the Loan Documents and the taking of control of the Premises by Lender or (b) the foreclosure of the Deed of Trust or transfer of title to the Premises by conveyance in lieu thereof, then, the Contract shall be terminable at the option of Lender upon thirty days' notice; and (ii) the rights of the Undersigned under the Contract to receive any compensation reimbursement of costs and expenses or other payments in consideration for its management services for the premises shall be and remain subordinate in all respects to the Lender's rights under Loan Documents.

EXHIBIT 4.17 MULTIFAMILY NOTE
Multifamily Note • August 30th, 2001 • Cornerstone Realty Income Trust Inc • Real estate investment trusts
Loan No.: 26-5950685 Tradewinds Apartments Newport News, VA INDEMNITY AND GUARANTY AGREEMENT --------------------------------
Indemnity and Guaranty Agreement • August 30th, 2001 • Cornerstone Realty Income Trust Inc • Real estate investment trusts
CRIT-VA III, INC., as Grantor to TRSTE, INC., as Trustee
Deed of Trust and Security Agreement • August 30th, 2001 • Cornerstone Realty Income Trust Inc • Real estate investment trusts
RECITALS:
Replacement Reserve and Security Agreement • August 30th, 2001 • Cornerstone Realty Income Trust Inc • Real estate investment trusts
as Assignor to
Cornerstone Realty Income Trust Inc • August 30th, 2001 • Real estate investment trusts
Assignment of Multifamily Deed of Trust, Assignment of Rents, Security Agreement, and Fixture Filing
Cornerstone Realty Income Trust Inc • August 30th, 2001 • Real estate investment trusts

all beneficial interest under that certain Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing ("Deed of Trust") dated June 20, 2001 and executed by CAC IV Limited Partnership, a Virginia limited partnership, Trustor, to First American Title Insurance Company, Trustee, in the amount of $8,525,000.00, and recorded concurrently herewith in the Official Records of Tarrant County, State of Texas, describing land therein as:

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