0001104659-05-043895 Sample Contracts

AMENDMENT TO LOAN AGREEMENT
Loan Agreement • September 13th, 2005 • Affordable Residential Communities Inc • Real estate investment trusts • New York

THIS AMENDMENT TO LOAN AGREEMENT (this “Amendment”), dated as of September 12, 2005, is made by and among ARC III, L.L.C. (“ARC”), a Delaware limited liability company, ARC Silver Leaf LP (“Silver Leaf”), a Delaware limited partnership, and ARC Meadow Glen LP (“Meadow Glen”; and collectively, with ARC and Silver Leaf, the “Borrower”), a Delaware limited partnership, and CITIGROUP GLOBAL MARKETS REALTY CORP., a New York corporation, both as collateral agent (in such capacity, the “Collateral Agent”) and lender (in such capacity, the “Lender”).

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