FOR VALUE RECEIVED, the undersigned ("Borrower") jointly and severally (if more than one) promises to
pay to the order of PRUDENTIAL MULTIFAMILY MORTGAGE, INC., a Delaware corporation, the
principal sum of THREE MILLION SIX HUNDRED FORTY THOUSAND AND 00/100 DOLLARS
(US $3,640,000.00) , with interest accruing on the unpaid principal balance from the date of disbursement until
fully paid at the annual rate of Five and 49/100 percent (5.49%).
1. Defined Terms. As used in this Note, (i) the term "Lender" means the holder of this Note, (ii) the term
"Indebtedness" means the principal of, interest on, or any other amounts due at any time under, this Note, the
Security Instrument or any other Loan Document, including prepayment premiums, late charges, default interest,
and advances to protect the security of the Security Instrument under Section 12 of the Security Instrument, (iii) a
"Business Day" means any day other than a Saturday, Sunday or any other day on which Lender is not open
for business. Event of Default, Key Principal and other capitalized terms used but not defined in this Note shall
have the meanings given to such terms in the Security Instrument (as defined in Paragraph 5).
2. Address for Payment. All payments due under this Note shall be payable at c/o Prudential Asset
Resources, 2200 Ross Avenue, Suite 4900 E, Dallas, Texas 75201, Attn: Asset Management Department,
or such other place as may be designated by written notice to Borrower from or on behalf of Lender.
3. Payment of Principal and Interest. Principal and interest shall be paid as follows:
(a) Unless disbursement of principal is made by Lender to Borrower on the first day of the month, interest for the
period beginning on the date of disbursement and ending on and including the last day of the month in which such
disbursement is made shall be payable simultaneously with the execution of this Note.
(b) Interest under this Note shall be computed on the basis of (check one only):
[ ] a