0000897101-97-000925 Sample Contracts

EXHIBIT 10.47.2
Guaranty Agreement • August 14th, 1997 • Chestnut Real Estate Partnership • Operators of apartment buildings • Iowa
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EXHBIT 10.47.1 TERM LOAN NOTE
Term Loan Note • August 14th, 1997 • Chestnut Real Estate Partnership • Operators of apartment buildings

FOR VALUE RECEIVED, on the Term Loan Termination Date, and subject in any event to the principal payments required to be made prior thereto, the undersigned, THE CHESTNUT PARTNERSHIP, a Maryland general partnership (the "BORROWER"), promises to pay to the order of NORWEST BANK IOWA, NATIONAL ASSOCIATION, a national banking association (the "BANK"), the principal sum of One Million Nine Hundred Thousand Dollars ($1,900,000.00) or, if less, the aggregate unpaid principal amount of the Loan (as defined in the Term Loan Agreement referred to below) made by the Bank to the Borrower pursuant to the Term Loan Agreement, dated as of July 3, 1997, by and among the Borrower; Bank and Guarantors named therein, (the "TERM LOAN AGREEMENT"), together with interest from the date hereof on the unpaid principal balance of such Loan payable from time to time on the dates and at the rates as are specified in the Term Loan Agreement. Capitalized terms used and not otherwise defined herein shall have the s

EXHIBIT 10.47
Term Loan Agreement • August 14th, 1997 • Chestnut Real Estate Partnership • Operators of apartment buildings • Iowa
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