Oxford Residential Properties I Ltd Partnership Watch

from 8-K 35 pages This Future Advance Mortgage (This “Mortgage”) Is Made and Given as of the ___ Day of June, 2008 (The “Effective Date”), by Orp One L.L.C., a Maryland Limited Liability Company, as Borrower, Whose Address Is C/O Aimco Properties, L.P., Stanford Place 3, 4582 South Ulster Parkway, Suite 1100, Denver, Colorado 80237 (The “Borrower”), to Transamerica Occidental Life Insurance Company, as Mortgagee, an Iowa Corporation Having an Office C/O Aegon USA Realty Advisors, Inc., 4333 Edgewood Road, N.E., Cedar Rapids, Iowa 52499-5443 (The “Lender”). the Definitions of Capitalized Terms Used in This Mortgage May Be Found Either in Section 3 Below, or Through the Cross-References Provided in That Section. 1. Recitals A. Under the Terms of a Certain Secured Real Estate Credit Facility Agreement Dated September 11, 2007 (The “Facility Agreement”), Aegon USA Realty Advisors, Inc. (“Aegon”), as Agent for Affiliated Lenders Agreed to Fund a Series of Loans to Affiliates of the Carveout Obligor