0000916641-03-000822 Sample Contracts

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Exhibit 4.22 THIRD AMENDED AND RESTATED REVOLVING CREDIT NOTE
Cornerstone Realty Income Trust Inc • March 28th, 2003 • Real estate investment trusts

This Note is one of the Notes referred to in, and is entitled to the benefits of, that certain Credit Agreement dated as of December 12, 2000 (as amended, modified, renewed, restated, replaced or extended from time to time, the "Credit Agreement"), by and among the Borrowers, each Additional Borrower that may become party thereto, the lenders (including the Bank) party thereto (the "Lenders") and Wachovia Bank, National Association (formerly known as First Union National Bank), as Administrative Agent (the "Administrative Agent"). The Credit Agreement contains, among other things, provisions for the time, place and manner of payment of this Note, the determination of the interest rate borne by and fees payable in respect of this Note, acceleration of the payment of this Note upon the happening of certain stated events and the mandatory repayment of this Note under certain circumstances.

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