This Document Prepared By Jamie Reyle, Esq. RAIT Financial Trust
Exhibit 10.18.2
This Document Prepared By
Xxxxx Xxxxx, Esq.
RAIT Financial Trust
0000 Xxxx Xxxxxx, 00xx Floor
Philadelphia, PA 19104
FOR VALUE RECEIVED, the undersigned, IRT UPREIT LENDER, LP, a partnership organized and existing under the laws of the State of Delaware (“Mortgagee”), does hereby certify that a real estate mortgage now owned by it in the original principal sum of Sixteen Million Two Hundred Twenty-Nine Thousand Six Hundred Eighty-Eight and 27/100 Dollars ($16,229,688.27) dated as of May 5, 2014 to be effective as of May 7, 2014, made by USA XXXXXXXXXX PARK 1, LLC, USA XXXXXXXXXX PARK 2, LLC, USA XXXXXXXXXX PARK 3, LLC, USA XXXXXXXXXX PARK 4, LLC, USA XXXXXXXXXX PARK 5, LLC, USA XXXXXXXXXX PARK 6, LLC, USA XXXXXXXXXX PARK 7, LLC, USA XXXXXXXXXX PARK 8, LLC, USA XXXXXXXXXX PARK 9, LLC, USA XXXXXXXXXX PARK 10, LLC, USA XXXXXXXXXX PARK 11, LLC, USA XXXXXXXXXX PARK 12, LLC, USA XXXXXXXXXX PARK 13, LLC, USA XXXXXXXXXX PARK 14, LLC, USA XXXXXXXXXX PARK 15, LLC, USA XXXXXXXXXX PARK 16, LLC, USA XXXXXXXXXX PARK 17, LLC, USA XXXXXXXXXX PARK 18, LLC, USA XXXXXXXXXX PARK 19, LLC, USA XXXXXXXXXX PARK 20, LLC, USA XXXXXXXXXX PARK 21, LLC, USA XXXXXXXXXX PARK 22, LLC, USA XXXXXXXXXX PARK 23, LLC (collectively, “Original Mortgagors”), as mortgagors, to Mortgagee, as mortgagee, and recorded as Document No. 2014027198 in the Office of the Circuit/County Clerk and Recorder for Pulaski County, Arkansas, and assigned by Original Mortgagors to IRT XXXXXXXXXX APARTMENTS OWNER, LLC, by Instrument No. 2014027239 in the Office of the Circuit/County Clerk and Recorder of Pulaski County, Arkansas and the mortgage is, with the indebtedness thereby secured, fully paid, satisfied, and discharged, and the Circuit/County Clerk and Recorder for Pulaski County, Arkansas is hereby authorized and required to release and discharge the same of record in this Office.
IN WITNESS WHEREOF, the undersigned has caused its name to be signed to these presents on this 15th day of July, 2014.
IRT UPREIT LENDER, LP, a Delaware limited partnership
By: Independence Realty Operating Partnership, LP, its general partner
By: Independence Realty Trust, Inc., its general partner
By: Independence Realty Advisors, LLC, its authorized agent
By: /s/ Xxxxxxx Xxxxx
Name: Xxxxxxx Xxxxx
Title: President
ACKNOWLEDGMENT
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF PHILADELPHIA
On this the 15th day of July, 2014, before me, Xxxxxxxx Xxxxxxxxx, the undersigned officer, personally appeared Xxxxxxx Xxxxx, who acknowledged himself/herself to be the President of Independence Realty Advisors, LLC, the authorized agent of Independence Realty Trust, Inc., the general partner of Independence Realty Operating Partnership, LP, the general partner of IRT UPREIT Lender, LP, and that he/she, as such President, being authorized so to do, executed the foregoing instrument for the purposes therein contained, by signing the name of the company by himself/herself as President.
In witness whereof I hereunto set my hand and official seal.
/s/ Xxxxxxxx Xxxxxxxxx
Notary Public
My Commission Expires:
3/14/2017