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<br /> i <br />Little Canada-Lupe - Borrower Loan Agreement - LC Apartments(199386221.3) - 5/12/2026 6:38:21 PM <br />TABLE OF CONTENTS <br />ARTICLE 1 DEFINITIONS .......................................................................................................... 1 <br />Section 1.1 Definitions.................................................................................................. 1 <br />Section 1.2 Rules of Construction; Time of Day .......................................................... 1 <br />ARTICLE 2 LOAN AND PROVISIONS FOR REPAYMENT ................................................... 2 <br />Section 2.1 Basic Loan and Repayment Terms ............................................................ 2 <br />Section 2.2 Fees ............................................................................................................ 3 <br />Section 2.3 Termination and Prepayment ..................................................................... 3 <br />Section 2.4 Obligations Absolute ................................................................................. 4 <br />Section 2.5 Indemnification .......................................................................................... 4 <br />Section 2.6 Amounts Remaining on Deposit Upon Payment of the <br />Governmental Note .................................................................................... 6 <br />ARTICLE 3 SECURITY ............................................................................................................... 6 <br />Section 3.1 Mortgage and Other Funding Loan Documents. ....................................... 6 <br />Section 3.2 Financing Statements. ................................................................................ 7 <br />ARTICLE 4 REPRESENTATIONS OF GOVERNMENTAL LENDER .................................... 7 <br />Section 4.1 Representations by the Governmental Lender ........................................... 7 <br />Section 4.2 No Liability of Governmental Lender; No Charge Against <br />Governmental Lender’s Credit .................................................................. 9 <br />ARTICLE 5 REPRESENTATIONS AND WARRANTIES OF THE BORROWER .................. 9 <br />Section 5.1 Existence .................................................................................................... 9 <br />Section 5.2 Power, Authorization and No Conflicts ..................................................... 9 <br />Section 5.3 Governmental Authorizations and Other Approvals ............................... 10 <br />Section 5.4 Validity and Binding Effect ..................................................................... 10 <br />Section 5.5 No Litigation ............................................................................................ 10 <br />Section 5.6 No Violations ........................................................................................... 10 <br />Section 5.7 Compliance .............................................................................................. 11 <br />Section 5.8 Title to Properties; Liens and Encumbrances .......................................... 11 <br />Section 5.9 Utilities and Access.................................................................................. 11 <br />Section 5.10 Financial Information............................................................................... 11 <br />Section 5.11 ERISA ...................................................................................................... 11 <br />Section 5.12 Environmental Representations ............................................................... 12 <br />Section 5.13 Outstanding Obligations and Material Contracts ..................................... 12