Common use of PARCEL NO Clause in Contracts

PARCEL NO. 4: A portion of the Southeast quarter of Section 24, Township 3 North, Range 1 East, of the Gila and Salt River Base and Meridian, Maricopa County, Arizona, described as follows: A strip of land 6.00 feet in width located West of and parallel to the Easterly boundary line of that certain Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona, described as follows: COMMENCING at the South quarter corner of Section 24; THENCE North 01(Degree) 28' 40" East along the West line of the Southeast quarter of said Section 24, 1,760.87 feet to a point on the South line of Lot 2 as shown in Book 11 of Maps, page 30, records of Maricopa County, Arizona; THENCE North 89(Degree) 55' 44" East along said South line 794.70 feet to a point 6.00 feet West of and parallel to said Easterly boundary line of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the POINT OF BEGINNING; THENCE continuing North 89(Degree) 55' 44" East, along said South line, 6.00 feet to the Northeast corner of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the Northwest corner of Quit Claim Deed Recorded in Document No. 95-388831, records of Maricopa County, Arizona; THENCE South 01(Degree) 38' 36" West, along the Easterly boundary line of said Special Warranty Deed and the Westerly boundary line of said Quit Claim Deed, 84.00 feet to the beginning of a non-tangent curve concave Easterly and having a radial bearing of North 76(Degree) 55' 57" West; THENCE Southerly along said curve and along said Easterly and Westerly boundary lines and through a central angle of 19(Degree) 06' 47" an arc length of 477.16 feet; THENCE South 89(Degree) 55' 44" West to a point 6.00 feet West of and parallel to said Easterly and Westerly boundary lines to the beginning of a curve concave Easterly and having a radius of 1,436.40 feet; THENCE Northerly along said curve 6.00 feet West of and parallel to said Easterly and Westerly boundary lines through a central angle of 19(Degree) 03' 50" an arc length of 477.93 feet; THENCE North 01(Degree) 38' 36" East 6.00 feet West of and parallel to said Easterly and Westerly boundary lines 83.22 feet to the POINT OF BEGINNING. EXHIBIT A RECORDING Requested by APN: 161-16-301-006 and when recorded return to: ▇▇▇▇▇ FARGO BANK, N.A. Commercial Mortgage ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ # ▇▇▇▇▇-▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: CMO Loan Admin. Loan No. : 31-0900553R Property Name: Cabana DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) The parties to this DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) ("Deed of Trust"), dated as of July 31, 2001, are MHC STAGECOACH, L.L.C., a Delaware limited liability company ("Trustor"), with a mailing address at c/o Manufactured Home Communities, Inc., ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, AMERICAN SECURITIES COMPANY OF NEVADA, a Nevada corporation ("Trustee"), with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, and ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION ("Beneficiary"), with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. R E C I T A L S A. MHC STAGECOACH, L.L.C., a Delaware limited liability company ("Borrower") proposes to borrow from Beneficiary, and Beneficiary proposes to lend to Borrower the principal sum of FIFTY MILLION AND NO/100THS DOLLARS ($50,000,000.00) ("Loan"). The Loan is evidenced by a promissory note ("Note") executed by Borrower, dated the date of this Deed of Trust, payable to the order of Beneficiary in the principal amount of the Loan. The maturity date of the Loan is September 1, 2011.

PARCEL NO. 42: A That portion of the Southeast quarter Lot 23, Southpark Business Center, according to Book 242 of Section 24, Township 3 North, Range 1 East, of the Gila and Salt River Base and Meridian, Maricopa County, Arizona, described as follows: A strip of land 6.00 feet in width located West of and parallel to the Easterly boundary line of that certain Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona, described as follows: COMMENCING at the South quarter corner of Section 24; THENCE North 01(Degree) 28' 40" East along the West line of the Southeast quarter of said Section 24, 1,760.87 feet to a point on the South line of Lot 2 as shown in Book 11 of Maps, page 30, records of Maricopa County, Arizona; THENCE North 89(Degree) 55' 44" East along said South line 794.70 feet to a point 6.00 feet West of and parallel to said Easterly boundary line of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the POINT OF BEGINNING; THENCE continuing North 89(Degree) 55' 44" East, along said South line, 6.00 feet to the Northeast corner of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the Northwest corner of Quit Claim Deed Recorded in Document No. 95-388831, records of Maricopa County, Arizona; THENCE South 01(Degree) 38' 36" West, along the Easterly boundary line of said Special Warranty Deed and the Westerly boundary line of said Quit Claim Deed, 84.00 feet to the beginning of a non-tangent curve concave Easterly and having a radial bearing of North 76(Degree) 55' 57" West; THENCE Southerly along said curve and along said Easterly and Westerly boundary lines and through a central angle of 19(Degree) 06' 47" an arc length of 477.16 feet; THENCE South 89(Degree) 55' 44" West to a point 6.00 feet West of and parallel to said Easterly and Westerly boundary lines to the beginning of a curve concave Easterly and having a radius of 1,436.40 feet; THENCE Northerly along said curve 6.00 feet West of and parallel to said Easterly and Westerly boundary lines through a central angle of 19(Degree) 03' 50" an arc length of 477.93 feet; THENCE North 01(Degree) 38' 36" East 6.00 feet West of and parallel to said Easterly and Westerly boundary lines 83.22 feet to the POINT OF BEGINNING. EXHIBIT A RECORDING Requested by APN: 161-16-301-006 and when recorded return to: Ma▇▇▇▇▇ FARGO BANK, N.A. Commercial Mortgage ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ # , ▇▇▇▇▇-▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ County, Arizona, described as follows: Beginning at the Northeasterly corner of said Lot 23; Thence South 31 Degrees 56 Minutes 55 Seconds West, along the Southeasterly line of said Lot 23, 143.18 feet; Thence North 55 Degrees 12 Minutes 29 Seconds West, 249.80 feet to the Northwesterly line of said Lot 23, and a point on a curve, having a radius of 740.00 feet, from which the center of said curve bears North 55 Degrees 12 Minutes 29 Seconds East; Thence along said Northwesterly line and said curve, an arc distance of 60.17 feet in a Northeasterly direction to a point of tangency; Thence North 39 Degrees 26 Minutes 55 Seconds East, along said Northwesterly line, 102.13 feet to the Northwest corner of said Lot 23; Thence South 50 Degrees 33 Minutes 05 Seconds East, along the Northeasterly line of said Lot 23, 232.73 feet to the point of beginning. Parcel No. 3: That portion of Lot 35, Southpark Business Center, according to Book 242 of Ma▇▇, ▇▇▇▇ ▇▇, ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ County, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ AttentionArizona, described as follows: CMO Loan Admin. Loan No. : 31-0900553R Property Name: Cabana DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) The parties Beginning at the Northwesterly corner of said Lot 35; Thence South 31 Degrees 56 Minutes 55 Seconds West, along the Northwesterly line of said Lot 35, 119.69 feet; Thence South 63 Degrees 14 Minutes 03 Seconds East, 236.51 feet to this DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) ("Deed the Southeasterly line of Trust"), dated as of July 31, 2001, are MHC STAGECOACH, L.L.C., a Delaware limited liability company ("Trustor"), with a mailing address at c/o Manufactured Home Communities, Inc., ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, AMERICAN SECURITIES COMPANY OF NEVADA, a Nevada corporation ("Trustee"), with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇said Lot 35, and ▇▇▇▇▇ FARGO BANKa point on a curve, NATIONAL ASSOCIATION ("Beneficiary")having a radius of 658.00 feet, with from which the center of said curve bears South 63 Degrees 14 Minutes 03 Seconds East; Thence in a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇Northeasterly direction, ▇▇▇▇▇ ▇▇▇along said curve and said Southeasterly line, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. R E C I T A L S A. MHC STAGECOACH, L.L.C., a Delaware limited liability company ("Borrower") proposes to borrow from Beneficiary, and Beneficiary proposes to lend to Borrower the principal sum of FIFTY MILLION AND NO/100THS DOLLARS ($50,000,000.00) ("Loan"). The Loan is evidenced by a promissory note ("Note") executed by Borrower, dated the date of this Deed of Trust, payable 88.23 feet to the order Northeasterly corner of Beneficiary in said Lot 35; Thence North 55 Degrees 33 Minutes 05 Seconds West, along the principal amount Northeasterly line of said Lot 35, 233.69 feet to the Loan. The maturity date point of the Loan is September 1, 2011beginning.

PARCEL NO. 41: A portion of the North half of the Southeast quarter of Section 242, Township 3 North, Range 1 East, 4 East of the Gila and Salt River Base and Meridian, Maricopa County, Arizona, described as follows: A strip shown on the Map of land 6.00 feet in width located West of and parallel to the Easterly boundary line of that certain Special Warranty Deed Dedication for SCOTTSDALE RESEARCH PARK, recorded in Document No. 99-439307Book 259 of Maps, records of Page 38, Maricopa CountyCounty Records, Arizona, more particularly described as follows: COMMENCING at the center of said Section 2; thence South quarter corner of Section 24; THENCE North 01(Degree) 28' 40" 89 degrees 39 minutes 41 seconds East along the West line of the Southeast quarter of said Section 24, 1,760.87 feet to a point on the South line of Lot 2 as shown in Book 11 of Maps, page 30, records of Maricopa County, Arizona; THENCE North 89(Degree) 55' 44" East along said South line 794.70 feet to a point 6.00 feet West of and parallel to said Easterly boundary line of said Special Warranty Deed recorded in Document No. 99-439307, records Southeast quarter 1077.16 feet to the centerline intersection of Maricopa County, Arizona Paradise Lane and 78th ▇▇▇▇▇▇ ▇▇ shown on said Map of Dedication; thence South 00 degrees 20 minutes 19 seconds West along said centerline of 78th ▇▇▇▇▇▇ ▇▇▇.70 feet; thence South 89 degrees 39 minutes 41 seconds East departing said centerline 30.00 feet to the TRUE POINT OF BEGINNING; THENCE continuing North 89(Degree) 55' 44" East, along said South line, 6.00 feet to the Northeast corner of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the Northwest corner of Quit Claim Deed Recorded in Document No. 95-388831, records of Maricopa County, Arizona; THENCE South 01(Degree) 38' 36" West, along point also being the Easterly boundary right of way line of said Special Warranty Deed and the Westerly boundary line of said Quit Claim Deed, 84.00 feet to the beginning of a non-tangent curve concave Easterly and having a radial bearing of North 76(Degree) 55' 57" West78th ▇▇▇▇▇▇; THENCE Southerly along said curve and along said Easterly and Westerly boundary lines and through a central angle of 19(Degree) 06' 47" an arc length of 477.16 ▇hence South 89 degrees 39 minutes 41 seconds East 546.86 feet; THENCE thence South 89(Degree) 55' 44" 00 degrees 20 minutes 19 seconds West to a point 6.00 281.74 feet West of and parallel to said Easterly and Westerly boundary lines to the beginning of a curve concave Easterly and having a radius of 1,436.40 200.00 feet; THENCE Northerly thence Southeasterly along the arc of said curve 6.00 feet West of and parallel to said Easterly and Westerly boundary lines through a central angle of 19(Degree) 03' 50" an arc length 40 degrees 44 minutes 47 seconds a distance of 477.93 feet142.23 feet to a point of tangency; THENCE North 01(Degree) 38' 36" then South 40 degrees 24 minutes 28 seconds East 6.00 45.00 feet to a point on the Northerly right of way line of Greenway Arterial as shown on said Map of Dedication; thence South 49 degrees 35 minutes 32 seconds West along said Northerly right of and parallel to said Easterly and Westerly boundary lines 83.22 way line 685.63 feet to the POINT OF BEGINNING. EXHIBIT A RECORDING Requested by APN: 161-16-301-006 beginning of a curve concave Northwesterly and when recorded return to: ▇▇▇▇▇ FARGO BANK, N.A. Commercial Mortgage having a radius of 20.00 feet; thence Northwesterly along said Northerly right of way line and the arc of said curve through a central angle of 93 degrees 16 minutes 32 seconds a distance of 32.56 feet to the beginning of a compound curve the radius of which bears North 52 degrees 52 minutes 04 seconds East 370.00 feet; said point also lying on said Easterly right of way line 78th ▇▇▇▇▇▇; ▇▇▇▇▇ ▇▇▇ # ▇▇▇▇▇-▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: CMO Loan Admin. Loan No. : 31-0900553R Property Name: Cabana DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) The parties hence Northwesterly along said Easterly right of way line and the arc of said curve through a central angle of 37 degrees 28 minutes 15 seconds a distance of 241.98 feet to this DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) ("Deed a point of Trust"), dated as of July 31, 2001, are MHC STAGECOACH, L.L.C., a Delaware limited liability company ("Trustor"), with a mailing address at c/o Manufactured Home Communities, Inc., ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, AMERICAN SECURITIES COMPANY OF NEVADA, a Nevada corporation ("Trustee"), with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, and ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION ("Beneficiary"), with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. R E C I T A L S A. MHC STAGECOACH, L.L.C., a Delaware limited liability company ("Borrower") proposes to borrow from Beneficiary, and Beneficiary proposes to lend to Borrower the principal sum of FIFTY MILLION AND NO/100THS DOLLARS ($50,000,000.00) ("Loan"). The Loan is evidenced by a promissory note ("Note") executed by Borrower, dated the date of this Deed of Trust, payable to the order of Beneficiary in the principal amount of the Loan. The maturity date of the Loan is September 1, 2011.tangency;

PARCEL NO. 4: A portion of the Southeast quarter of Section 24, Township 3 North, Range 1 East, of the Gila and Salt River Base and Meridian, Maricopa County, Arizona, described as follows: A strip of land 6.00 feet in width located West of and parallel to the Easterly boundary line of that certain Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona, described as follows: COMMENCING at the South quarter corner of Section 24; THENCE North 01(Degree) 28' 40" East along the West line of the Southeast quarter of said Section 24, 1,760.87 feet to a point on the South line of Lot 2 as shown in Book 11 of Maps, page 30, records of Maricopa County, Arizona; THENCE North 89(Degree) 55' 44" East along said South line 794.70 feet to a point 6.00 feet West of and parallel to said Easterly boundary line of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the POINT OF BEGINNING; THENCE continuing North 89(Degree) 55' 44" East, along said South line, 6.00 feet to the Northeast corner of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the Northwest corner of Quit Claim Deed Recorded in Document No. 95-388831, records of Maricopa County, Arizona; THENCE South 01(Degree) 38' 36" West, along the Easterly boundary line of said Special Warranty Deed and the Westerly boundary line of said Quit Claim Deed, 84.00 feet to the beginning of a non-tangent curve concave Easterly and having a radial bearing of North 76(Degree) 55' 57" West; THENCE Southerly along said curve and along said Easterly and Westerly boundary lines and through a central angle of 19(Degree) 06' 47" an arc length of 477.16 feet; EXHIBIT C THENCE South 89(Degree) 55' 44" West to a point 6.00 feet West of and parallel to said Easterly and Westerly boundary lines to the beginning of a curve concave Easterly and having a radius of 1,436.40 feet; THENCE Northerly along said curve 6.00 feet West of and parallel to said Easterly and Westerly boundary lines through a central angle of 19(Degree) 03' 50" an arc length of 477.93 feet; THENCE North 01(Degree) 38' 36" East 6.00 feet West of and parallel to said Easterly and Westerly boundary lines 83.22 feet to the POINT OF BEGINNING. EXHIBIT A RECORDING C Recording Requested by APN: 161-16-301-006 and when recorded return to: ▇▇▇▇▇ FARGO BANK, N.A. Commercial Mortgage ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ # ▇▇▇▇▇-▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: CMO Loan Admin. Loan No. : 31-0900553R Property Name: Cabana Woodland Hills DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) The parties to this DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) ("Deed of Trust"), dated as of July 31, 2001, 2001 are MHC STAGECOACH, L.L.C., a Delaware limited liability company ("Trustor"), with a mailing address at c/o Manufactured Home Communities, Inc., ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, AMERICAN SECURITIES COMPANY the PUBLIC TRUSTEE OF NEVADA▇▇▇▇▇ COUNTY, a Nevada corporation STATE OF COLORADO ("Trustee"), with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, and for the benefit of ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION ("Beneficiary"), with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. R E C I T A L S A. MHC STAGECOACH, L.L.C., a Delaware limited liability company ("Borrower") proposes to borrow from Beneficiary, and Beneficiary proposes to lend to Borrower the principal sum of FIFTY MILLION AND NO/100THS DOLLARS ($50,000,000.00) ("Loan"). The Loan is evidenced by a promissory note ("Note") executed by Borrower, dated the date of this Deed of Trust, payable to the order of Beneficiary in the principal amount of the Loan. The Loan and having a maturity date of the Loan is September 1, 2011.

PARCEL NO. 4A non-exclusive easement for use and enjoyment in and to the Common Areas, as created by Declaration of Covenants, Conditions, Restrictions and Easements for Continental Tech Center, recorded in Document No. 86-419846, records of Maricopa County, Arizona, as amended by instrument recorded in Document No. 89-312262, records of Maricopa County, Arizona. Parcel No. 5: A portion non-exclusive easement for vehicular and pedestrian ingress and egress, in upon, over and across Landscape Tract 3, as created by Declaration of Covenants, Conditions, Restrictions and Easements for Continental Tech Center, recorded in Document No. 86-419846, records of Maricopa County, Arizona, as amended by instrument recorded in Document No. 89-312262, records of Maricopa County, Arizona. Parcel No. 6: All of Lot 25 and that part of Lot 26, Valley Interstate Industrial Center, according to Book 177 of ▇▇▇▇, ▇▇▇▇ ▇, ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Arizona, described as follows: Beginning at the Northeast corner of said Lot 26, which is a point on a curve from which the radius point lies North 83 degrees 14' 28" East 650.00 feet; Thence Southerly 159.67 feet along the Easterly line of said Lot 26, along the arc of a 650.00 foot radius curve, concave to the East, which has a central angle of 14 degrees 04' 28" to a point on a non-tangent line; Thence South 57 degrees 37' 46" West 299.01 feet to a point on the Southwesterly line of said Lot 26; Then North 45 degrees 03' 58" West 172.38 feet along said Southwesterly line of said Lot 26 to a point which lies south 45 degrees 03' 58" East 66.50 feet from the most Westerly corner of said Lot 26; Thence North 00 degrees 04' 28" West 153.10 feet to the Northwest corner of said Lot 26; Thence North 83 degrees 14' 28" East 339.15 feet along the North line of said Lot 26 to the Point of Beginning. Parcel No. 7: That part of the Southeast quarter of Section 24So▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇tion 17, Township 3 1 North, Range 1 East, 3 East of the Gila and Salt River Base and Meridian, Maricopa County, Arizona, described as follows: A strip of land 6.00 feet in width located West of and parallel to the Easterly boundary line of that certain Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona, described as follows: COMMENCING Commencing at the South quarter most Westerly corner of Section 24; THENCE North 01(Degree) 28' 40" East along the West line Lot 26, Valley Interstate Industrial Center, according to Book 177 of the Southeast quarter of said Section 24, 1,760.87 feet to a point on the South line of Lot 2 as shown in Book 11 of Maps, page 30, records of Maricopa County, Arizona; THENCE North 89(Degree) 55' 44" East along said South line 794.70 feet to a point 6.00 feet West of and parallel to said Easterly boundary line of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the POINT OF BEGINNING; THENCE continuing North 89(Degree) 55' 44" East, along said South line, 6.00 feet to the Northeast corner of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the Northwest corner of Quit Claim Deed Recorded in Document No. 95-388831, records of Maricopa County, Arizona; THENCE South 01(Degree) 38' 36" West, along the Easterly boundary line of said Special Warranty Deed and the Westerly boundary line of said Quit Claim Deed, 84.00 feet to the beginning of a non-tangent curve concave Easterly and having a radial bearing of North 76(Degree) 55' 57" West; THENCE Southerly along said curve and along said Easterly and Westerly boundary lines and through a central angle of 19(Degree) 06' 47" an arc length of 477.16 feet; THENCE South 89(Degree) 55' 44" West to a point 6.00 feet West of and parallel to said Easterly and Westerly boundary lines to the beginning of a curve concave Easterly and having a radius of 1,436.40 feet; THENCE Northerly along said curve 6.00 feet West of and parallel to said Easterly and Westerly boundary lines through a central angle of 19(Degree) 03' 50" an arc length of 477.93 feet; THENCE North 01(Degree) 38' 36" East 6.00 feet West of and parallel to said Easterly and Westerly boundary lines 83.22 feet to the POINT OF BEGINNING. EXHIBIT A RECORDING Requested by APN: 161-16-301-006 and when recorded return to: ▇▇▇▇▇ FARGO BANK, N.A. Commercial Mortgage ▇▇▇▇ ▇, ▇▇▇▇▇▇▇ ▇▇▇ # ▇▇▇▇▇-▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇Arizona; Thence South 45 degrees 03' 58" East 66.50 feet along the Southwesterly line of said Lot 26 to the Point of Beginning; Thence South 45 degrees 03' 58" East 172.38 feet along the Southwesterly line of Lot 26; Thence South 57 degrees 37' 46" West 28.05 feet; Thence North 38 degrees 21' 35" West 122.55 feet to a point of curve; Thence Northwesterly 33.95 feet along the arc of a 367.24 foot radius of curve, concave to the Southwest, which has a central angle of 5 degrees 17' 49" to a point on a non-tangent line; Thence North 00 degrees 04' 28" West 15.06 feet to the Point of Beginning. Parcel No. 8: That portion of Lot 9, Elliott / I-10, Commerce Center, according to Book 223 of Maps, ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇ Maricopa County, Arizona; and that portion of Southeast quarter of Section 8, Township 1 So▇▇▇, ▇▇▇▇▇ ▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇ Attention: CMO Loan Admin. Loan No. : 31-0900553R Property Name: Cabana DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) The parties to this DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) ("Deed of Trust"), dated as of July 31, 2001, are MHC STAGECOACH, L.L.C., a Delaware limited liability company ("Trustor"), with a mailing address at c/o Manufactured Home Communities, Inc., ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, AMERICAN SECURITIES COMPANY OF NEVADAArizona, a Nevada corporation ("Trustee")described as follows: Commencing at the Southeast corner of said Section 8; Thence North 00 degrees 02' 58" West, with a mailing address at ▇▇▇▇ 1329.84 feet along the East line of the Southeast quarter of said Section 8; Thence South 89 degrees 22' 17" West, 719.99 feet along the monument line of Todd Drive; Thence North 00 degrees 02' 58" West, 30.00 feet to the ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇t of Beginning; Thence continuing North 00 degrees 02' 58" West, 267.58 feet along a line being 720.00 feet West of and parallel to the East line of said Southeast quarter, said line also being the East line of said Elliott / I-10 Commerce Center; Thence South 89 degrees 57' 02" West, ▇▇▇.▇0 feet along a line being 48.00 feet North of and parallel to the South line of said Lot 9; Thence North 00 degrees 02' 58" West, 162.00 feet to the Northwest corner of said Lot 9; Thence North 89 degrees 57' 02" East, 270.00 feet along the North line of said Lot 9 to the Northeast corner thereof; Then North 00 degrees 02' 58" West, 210.00 feet along the East line of said Elliott / I-10 Commerce Center; Thence North 89 degrees 19' 32" East, ▇▇▇.▇0 feet along a line being 2000.00 feet North of and parallel to the South line of said Section 8, also being common with the south line of Lincoln-Elliott / I-10, a subdivision recorded in Book 223 of Maps, p▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇ of Maricopa County, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇Arizona; Thence South 00 degrees 02' 58" East, 223.09 feet along a line being 261.00 feet West of and ▇▇▇▇▇ FARGO BANKparallel to said East line of the Southeast quarter of said Section 8; Thence South 89 degrees 19' 32" West, NATIONAL ASSOCIATION 66.25 feet; Thence South 00 degrees 02' 58" East, 416.80 feet along a line 327.2 feet West of and parallel to the East line of the Southeast quarter of Section 8; Thence South 89 degrees 22' 17" West, 392.74 feet along the North right of way line of said Todd Drive, to the Point of Beginning. FIRST AMENDMENT TO REAL ESTATE PURCHASE AGREEMENT THIS FIRST AMENDMENT TO REAL ESTATE PURCHASE AGREEMENT ("BeneficiaryAMENDMENT") is made as of the 30th day of April, 2002, by and between NZ PROPERTIES, INC., an Arizona corporation ("SELLER"), with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. R E C I T A L S A. MHC STAGECOACH, L.L.C.and BAMBIFEATHERS LLC, a Delaware limited liability company ("Borrower") proposes to borrow from Beneficiary, and Beneficiary proposes to lend to Borrower the principal sum of FIFTY MILLION AND NO/100THS DOLLARS ($50,000,000.00) ("LoanBUYER"). The Loan is evidenced by a promissory note ("Note") executed by Borrower, dated the date of this Deed of Trust, payable to the order of Beneficiary in the principal amount of the Loan. The maturity date of the Loan is September 1, 2011.

PARCEL NO. 4: A portion of the Southeast quarter of Section 24, Township 3 North, Range 1 East, of the Gila and Salt River Base and Meridian, Maricopa County, Arizona, described as follows: A strip of land 6.00 feet in width located West of and parallel to the Easterly boundary line of that certain Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona, described as follows: COMMENCING at the South quarter corner of Section 24; THENCE North 01(Degree01(degrees) 28' 40" East along the West line of the Southeast quarter of said Section 24, 1,760.87 feet to a point on the South line of Lot 2 as shown in Book 11 of Maps, page 30, records of Maricopa County, Arizona; THENCE North 89(Degree89(degrees) 55' 44" East along said South line 794.70 feet to a point 6.00 feet West of and parallel to said Easterly boundary line of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the POINT OF BEGINNING; THENCE continuing North 89(Degree89(degrees) 55' 44" East, along said South line, 6.00 feet to the Northeast corner of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the Northwest corner of Quit Claim Deed Recorded in Document No. 95-388831, records of Maricopa County, Arizona; THENCE South 01(Degree01(degrees) 38' 36" West, along the Easterly boundary line of said Special Warranty Deed and the Westerly boundary line of said Quit Claim Deed, 84.00 feet to the beginning of a non-tangent curve concave Easterly and having a radial bearing of North 76(Degree76(degrees) 55' 57" West; THENCE Southerly along said curve and along said Easterly and Westerly boundary lines and through a central angle of 19(Degree19(degrees) 06' 47" an arc length of 477.16 feet; EXHIBIT C THENCE South 89(Degree89(degrees) 55' 44" West to a point 6.00 feet West of and parallel to said Easterly and Westerly boundary lines to the beginning of a curve concave Easterly and having a radius of 1,436.40 feet; THENCE Northerly along said curve 6.00 feet West of and parallel to said Easterly and Westerly boundary lines through a central angle of 19(Degree19(degrees) 03' 50" an arc length of 477.93 feet; THENCE North 01(Degree01(degrees) 38' 36" East 6.00 feet West of and parallel to said Easterly and Westerly boundary lines 83.22 feet to the POINT OF BEGINNING. EXHIBIT A RECORDING Requested C Recording requested by APN: 161-16-301-006 and when recorded return to: ▇▇▇▇▇ FARGO BANK, N.A. Commercial Mortgage ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ # ▇▇▇▇▇Origination MAC #A0194-▇▇▇ 093 ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: CMO Loan Admin. Loan No. .: 31-0900553R Property Name: Cabana DEED OF TRUST Pickwick Village Prepared by: ▇▇▇ ▇. ▇▇▇▇▇▇ Sidley ▇▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ MORTGAGE AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) The parties to this DEED OF TRUST July 31, 2001 THIS MORTGAGE AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) (the "Deed of TrustMortgage"), dated as of July 31, 2001, are ) is made and entered into by and among MHC STAGECOACH, L.L.C., a Delaware limited liability company ("TrustorMortgagor"), with a mailing having an address at c/o Manufactured Home Communities, Inc., ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, AMERICAN SECURITIES COMPANY OF NEVADA, a Nevada corporation ("Trustee"), with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, and ▇▇▇▇▇ FARGO NATIONAL BANK, NATIONAL ASSOCIATION ("BeneficiaryLender" or "Mortgagee"). THIS MORTGAGE EVIDENCES A MULTI-STATE LOAN WHICH IS SECURED BY REAL PROPERTY LOCATED OUTSIDE THE STATE OF FLORIDA AND REAL PROPERTY LOCATED IN BREVARD, with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇VOLUSIA, ▇▇▇▇▇ ▇▇▇AND MANATEE COUNTIES, ▇▇▇▇▇▇▇FLORIDA. FLORIDA DOCUMENTARY STAMP TAX IN THE AMOUNT OF $61,250.00 AND FLORIDA NON-RECURRING INTANGIBLE PERSONAL PROPERTY TAX IN THE AMOUNT OF $35,000.00 ARE BEING PAID UPON RECORDATION OF ONE OF THE FLORIDA MORTGAGES IN THE PUBLIC RECORDS OF VOLUSIA COUNTY, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇FLORIDA. ATTACHED HERETO AS EXHIBIT B IS A DESCRIPTION OF THE CALCULATION OF LIABILITY FOR DOCUMENTARY STAMP TAX AND NON-RECURRING INTANGIBLE PERSONAL PROPERTY TAX. R E C I T A L S A. MHC STAGECOACH, L.L.C., a Delaware limited liability company ("Borrower") proposes to borrow from BeneficiaryMortgagee, and Beneficiary Mortgagee proposes to lend to Borrower the principal sum of FIFTY MILLION AND NO/100THS DOLLARS ($50,000,000.00) ("Loan"). The Loan is evidenced by a promissory note ("Note") executed by Borrower, dated the date of this Deed of TrustMortgage, payable to the order of Beneficiary Mortgagee in the principal amount of the Loan. The maturity date of the Loan is September 1, 2011.

PARCEL NO. 42: A Non-exclusive perpetual easement for ingress and egress, drainage and public utilities as created by instrument recorded May 21, 1996 in 96-352271, Official Records over a portion of the Southeast North half of the southeast quarter of Section 242, Township 3 North, Range 1 East, 4 East of the Gila and Salt River Base and Meridian, Maricopa County, Arizona, described as follows: A strip shown on the Map of land 6.00 feet in width located West of and parallel to the Easterly boundary line of that certain Special Warranty Deed Dedication for SCOTTSDALE RESEARCH PARK, recorded in Document No. 99-439307Book 259 of Maps, records of Page 38, Maricopa CountyCounty Records, Arizona, more particularly described as follows: COMMENCING at the center of said Section 2; thence South quarter corner of Section 24; THENCE North 01(Degree) 28' 40" 89 degrees 39 minutes 41 seconds East along the West line of the Southeast quarter of said Section 24, 1,760.87 feet to a point on the South line of Lot 2 as shown in Book 11 of Maps, page 30, records of Maricopa County, Arizona; THENCE North 89(Degree) 55' 44" East along said South line 794.70 feet to a point 6.00 feet West of and parallel to said Easterly boundary line of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona and the POINT OF BEGINNING; THENCE continuing North 89(Degree) 55' 44" East, along said South line, 6.00 Southeast quarter 1077.16 feet to the Northeast corner centerline intersection of said Special Warranty Deed recorded in Document No. 99-439307, records of Maricopa County, Arizona Paradise Lane and the Northwest corner of Quit Claim Deed Recorded in Document No. 95-388831, records of Maricopa County, Arizona; THENCE South 01(Degree) 38' 36" West, along the Easterly boundary line of said Special Warranty Deed and the Westerly boundary line of said Quit Claim Deed, 84.00 feet to the beginning of a non-tangent curve concave Easterly and having a radial bearing of North 76(Degree) 55' 57" West; THENCE Southerly along said curve and along said Easterly and Westerly boundary lines and through a central angle of 19(Degree) 06' 47" an arc length of 477.16 feet; THENCE South 89(Degree) 55' 44" West to a point 6.00 feet West of and parallel to said Easterly and Westerly boundary lines to the beginning of a curve concave Easterly and having a radius of 1,436.40 feet; THENCE Northerly along said curve 6.00 feet West of and parallel to said Easterly and Westerly boundary lines through a central angle of 19(Degree) 03' 50" an arc length of 477.93 feet; THENCE North 01(Degree) 38' 36" East 6.00 feet West of and parallel to said Easterly and Westerly boundary lines 83.22 feet to the POINT OF BEGINNING. EXHIBIT A RECORDING Requested by APN: 161-16-301-006 and when recorded return to: ▇▇▇▇▇ FARGO BANK, N.A. Commercial Mortgage ▇▇▇▇▇78th ▇▇▇▇▇▇ ▇▇▇ # ▇▇▇▇▇-▇▇▇ ▇▇ ▇shown on said Map of Dedication; thence South 00 degrees 20 minutes 19 seconds West along said centerline of 78th ▇▇▇▇▇▇ ▇▇▇▇▇▇.70 feet; thence South 89 degrees 39 minutes 41 seconds East leaving said centerline 576.86 feet to the TRUE POINT OF BEGINNING; thence South 89 degrees 39 minutes 41 seconds East 15.00 feet; thence South 00 degrees 20 minutes 19 seconds West 281.74 feet to the beginning of a curve concave Northeasterly and having a radius of 185.00 feet; thence Southeasterly along the arc of said curve through a central angle of 40 degrees 44 minutes 47 seconds a distance of 131.56 feet to a point of tangency; thence South 40 degrees 24 minutes 28 seconds East 45.00 feet to a point on the Northerly right of way line of Greenway Arterial as shown on said Map of Dedication; thence South 49 degrees 35 minutes 32 seconds West along said Northerly right of way line 15.00 feet; thence North 40 degrees 24 minutes 28 seconds West leaving said Northerly right-of-way 45.00 feet to the beginning of a curve concave Northeasterly and having a radius of 200.00 feet; thence Northwesterly, ▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: CMO Loan Admin. Loan No. : 31-0900553R Property Name: Cabana DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) The parties to this DEED OF TRUST AND ABSOLUTE ASSIGNMENT OF RENTS AND LEASES AND SECURITY AGREEMENT (AND FIXTURE FILING) ("Deed along the arc of Trust"), dated as said curve through a central angle of July 31, 2001, are MHC STAGECOACH, L.L.C.40 degrees 44 minutes 47 seconds, a Delaware limited liability company ("Trustor"), with distance of 142.23 feet to a mailing address at c/o Manufactured Home Communities, Inc., ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, AMERICAN SECURITIES COMPANY OF NEVADA, a Nevada corporation ("Trustee"), with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, and ▇▇▇▇▇ FARGO BANK, NATIONAL ASSOCIATION ("Beneficiary"), with a mailing address at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇. R E C I T A L S A. MHC STAGECOACH, L.L.C., a Delaware limited liability company ("Borrower") proposes to borrow from Beneficiary, and Beneficiary proposes to lend to Borrower the principal sum point of FIFTY MILLION AND NO/100THS DOLLARS ($50,000,000.00) ("Loan"). The Loan is evidenced by a promissory note ("Note") executed by Borrower, dated the date of this Deed of Trust, payable to the order of Beneficiary in the principal amount of the Loan. The maturity date of the Loan is September 1, 2011.tangency;