Schedule of Environmental Indemnity Agreements between Cornerstone Realty Income Trust, Inc., Co-Indemnitors, and First Union National Bank (June 20, 2001)

Summary

This schedule lists seven Environmental Indemnity Agreements dated June 20, 2001, between Cornerstone Realty Income Trust, Inc. (and various co-indemnitors) and First Union National Bank. The agreements relate to loans for specific apartment properties in North Carolina and Texas, with loan amounts ranging from $3.4 million to $11.165 million. Each agreement indemnifies the lender against environmental liabilities associated with the respective properties. The agreements are substantially identical except for property and loan details.

EX-4.15 17 dex415.txt EXHIBIT 4.15 -- SCHEDULE EXHIBIT 4.15 Schedule Information on seven substantially identical Environmental Indemnity Agreements dated as of June 20, 2001 by Cornerstone Realty Income Trust, Inc. and Co-Indemnitor Named Below in favor of First Union National Bank (Seven additional documents are identical, except as set forth below, to the document included as Exhibit 4.7)
Principal Apartment Property Borrower Amount of Loan ------------------ -------- -------------- 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