Schedule of Environmental Indemnity Agreements by Cornerstone Realty Income Trust, Inc. and Co-Indemnitors in Favor of First Union National Bank (March 23, 2001)

Summary

This schedule lists six Environmental Indemnity Agreements dated March 23, 2001, between Cornerstone Realty Income Trust, Inc. and various co-indemnitors, in favor of First Union National Bank. Each agreement relates to a specific apartment property and loan amount, with the co-indemnitor named for each property. The agreements require the parties to indemnify the bank against environmental liabilities associated with the properties. The terms are substantially identical to a previously filed agreement, except for property-specific details.

EX-4.15 16 0016.txt EXHIBIT 4.15 EXHIBIT 4.15 SCHEDULE Information on six substantially identical Environmental Indemnity Agreements dated as of March 23, 2001 by Cornerstone Realty Income Trust, Inc. and Co-Indemnitor Named Below in favor of First Union National Bank (Six additional documents are identical, except as set forth below, to the document included as Exhibit 4.7)
Principal Apartment Property Co-Indemnitor Amount of Loan - ------------------ ------------- -------------- Harbour Club Apartments CRIT-VA II, Inc. 8,475,000 Virginia Beach, Virginia Highland Hills Apartments CRIT-NC III, LLC 14,775,000 Carrboro, North Carolina Canyon Hills CAC II Limited Partnership 12,675,000 Austin, Texas Park Village CAC II Limited Partnership 8,500,000 Bedford, Texas Summertree CAC II Limited Partnership 7,750,000 Dallas, Texas The Courts on Pear Ridge CAC II Limited Partnership 10,575,000 Dallas, Texas