0001001604-11-000051 Sample Contracts

MULTIFAMILY NOTE MULTISTATE – FIXED RATE (REVISION DATE 6-1-2010)
Multifamily Note • May 6th, 2011 • Emeritus Corp\wa\ • Services-nursing & personal care facilities

FOR VALUE RECEIVED, the undersigned (together with such party's or parties' successors and assigns, "Borrower") jointly and severally (if more than one) promises to pay to the order of OAK GROVE COMMERCIAL MORTGAGE, LLC, a Delaware limited liability company, the principal sum of Eleven Million Six Hundred Fifty Thousand and No/100 Dollars ($11,650,000.00), with interest on the unpaid principal balance, as hereinafter provided.

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