Assignment of Multifamily Deed of Trust by ARCS Commercial Mortgage Co., L.P. to Fannie Mae (Burney Oaks, Arlington, TX)

Summary

ARCS Commercial Mortgage Co., L.P. has assigned its interest in a Multifamily Deed of Trust, including the related note, security agreement, and rights to rents, to Fannie Mae. The original Deed of Trust, dated June 20, 2001, was executed by CAC IV Limited Partnership for a property known as Burney Oaks in Arlington, Texas, securing a loan of $8,525,000. This assignment transfers all rights and obligations under the Deed of Trust from ARCS to Fannie Mae as of June 20, 2001.

EX-4.20 22 dex420.txt EXHIBIT 4.20 -- ASSIGNMENT OF MULTIFAMILY DEED EXHIBIT 4.20 WHEN RECORDED MAIL TO ARCS Commercial Mortgage Co., L.P. 26901 Agoura Road, Suite 200 Calabasas Hills, CA 91301 Attn: Shelly Eisenberg Loan No. 226833 Fannie Mae Loan No. 383925 SPACE ABOVE THIS LINE FOR RECORDER'S USE Assignment of Multifamily Deed of Trust, Assignment of Rents, Security Agreement, and Fixture Filing FOR VALUE RECEIVED, the undersigned as Beneficiary hereby grants, assigns, and transfers to FANNIE MAE all beneficial interest under that certain Multifamily Deed of Trust, Assignment of Rents, Security Agreement and Fixture Filing ("Deed of Trust") dated June 20, 2001 and executed by CAC IV Limited Partnership, a Virginia limited partnership, Trustor, to First American Title Insurance Company, Trustee, in the amount of $8,525,000.00, and recorded concurrently herewith in the Official Records of Tarrant County, State of Texas, describing land therein as: See Exhibit A attached hereto and incorporated herein. commonly known as Burney Oaks 2502 Burney Oaks Arlington, Texas 76006 TOGETHER with the note or notes therein described or referred to, the money due and to become due thereon with interest, and all rights accrued or to accrue under said Deed of Trust. DATED as of: June 20, 2001 BENEFICIARY: ARCS COMMERCIAL MORTGAGE CO., L.P., a California limited partnership By: ACMC Realty, Inc., a California corporation Its: General Partner By: /s/ Shelly Eisenberg ---------------------------------- Shelly Eisenberg Its: Vice President THE STATE OF California COUNTY OF Los Angeles BEFORE ME Cynthia K. Martinez, the undersigned, a Notary Public in and for said County and State, on this day personally appeared Shelly Eisenberg, known to me to be the Vice President of ACMC Realty, Inc., the corporation that executed the foregoing instrument, and known to me to be the person who executed the foregoing instrument on behalf of said corporation, said corporation being known to me to be the general partner of ARCS Commercial Mortgage Co., L.P., the limited partnership that executed the foregoing instrument, and acknowledged to me that such corporation executed the same as such general partner and that such limited partnership executed the same for the purposes and consideration herein expressed. GIVEN UNDER MY HAND AND SEAL OF OFFICE THIS 20/th/ day of June, 2001. ------ ---- /s/ Cynthia K. Martinez ----------------------------- Notary Public in and for Los Angeles County, [SEAL] EXHIBIT A [OMITTED]