Schedule of Indemnity and Guaranty Agreements between Cornerstone Realty Income Trust, Inc. and First Union National Bank

Contract Categories: Business Finance › Guaranty Agreements
Summary

This schedule lists seven nearly identical Indemnity and Guaranty Agreements dated June 20, 2001, where Cornerstone Realty Income Trust, Inc. acts as Indemnitor in favor of First Union National Bank as Lender. The agreements relate to loans for specific apartment properties in North Carolina and Texas, with different borrowers and principal amounts. The agreements ensure that Cornerstone guarantees certain obligations to the bank for these property loans.

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EX-4.10 12 dex410.txt EXHIBIT 4.10 -- SCHEDULE EXHIBIT 4.10 Schedule Information on seven substantially identical Indemnity and Guaranty Agreements dated as of June 20, 2001 by Cornerstone Realty Income Trust, Inc. as Indemnitor in favor of First Union National Bank as Lender (Seven additional documents are identical, except as set forth below, to the document included as Exhibit 4.2)
Apartment Property Borrower Principal Amount ------------------ -------- ---------------- Deerfield Apartments CRIT-NC IV, LLC 10,220,000 Durham, North Carolina Meadow Creek Apartments CRIT-NC IV, LLC 9,590,000 Pineville, North Carolina Pinnacle Ridge Apartments CRIT-NC IV, LLC 5,005,000 Asheville, North Carolina Cottonwood Crossing Apartments CAC V Limited Partnership 6,055,000 Arlington, Texas Main Park Apartments CAC V Limited Partnership 8,465,000 Duncanville, Texas Paces Cove Apartments CAC V Limited Partnership 11,165,000 Dallas, Texas Wildwood Apartments CAC V Limited Partnership 3,400,000 Eucless, Texas