Document:

Exhibit 10.2

 

MULTIFAMILY NOTE

 

	US
    $80,284,000.00	June 16,
    2022

 

FOR VALUE RECEIVED,
the undersigned (individually and collectively, “Borrower”) promises to pay to the order of KEYBANK NATIONAL ASSOCIATION,
a national banking association (“Lender”), the principal amount of EIGHTY MILLION TWO HUNDRED EIGHTY-FOUR THOUSAND
AND NO/100 DOLLARS (US $80,284,000.00) (the “Advance”), together with interest thereon accruing at the Interest
Rate on the unpaid principal balance from the date the Advance proceeds are disbursed until fully paid in accordance with the terms hereof
and of that certain Master Credit Facility Agreement dated as of November 30, 2021, by and between Borrower and Lender (as the same may
be amended, restated, replaced, supplemented or otherwise modified from time to time, the “Master Agreement”). This
Note is entitled to the benefit and security of the Loan Documents provided for in the Master Agreement, to which reference is hereby
made for a statement of all of the terms and conditions under which the Advance evidenced hereby is made.

 

	1.	Defined Terms.

 

Capitalized terms used and
not specifically defined in this Multifamily Note (this “Note”) have the meanings given to such terms in the Master
Agreement.

 

	2.	Repayment.

 

Borrower agrees to pay the
principal amount of the Advance and interest on the principal amount of the Advance
from time to time outstanding at the Interest Rate or such other rate or rates and at the times specified in the Master Agreement, together
with all other amounts due to Lender under the Loan Documents. The outstanding balance of the Advance and all accrued and unpaid interest
thereon shall be due and payable on the Maturity Date, together with all other amounts due to Lender under the Loan Documents.

 

	3.	Security.

 

The Advance evidenced
by this Note, together with all other Indebtedness is secured by, among other things, the Security Instrument,
the Master Agreement and the other Loan Documents. All of the terms, covenants and conditions contained in the Master Agreement,
the Security Instrument and the other Loan Documents are hereby made part of this Note to
the same extent and with the same force as if they were fully set forth herein. In the event of a conflict or inconsistency between
the terms of this Note and the Master Agreement, the terms and provisions of the Master Agreement shall govern.

 

	4.	Acceleration.

 

In accordance with the
Master Agreement, if an Event of Default has occurred and is continuing, the entire unpaid principal balance of the Advance, any
accrued and unpaid interest, including interest accruing
at the Default Rate, the Prepayment Premium (if applicable), and all other amounts payable under this Note, the Master Agreement and
any other Loan Document shall at once become due and payable, at the option of Lender, without any prior notice to Borrower, unless
applicable law requires otherwise (and in such case, after satisfactory notice has been given).

 

	Multifamily Note – Multistate	Form 6010.MCFA	Page 1
	Fannie Mae	09-20	© 2020 Fannie Mae
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

	5.	Personal Liability.

 

The provisions of Article 3
(Personal Liability) of the Master Agreement are hereby incorporated by reference into
this Note to the same extent and with the same force as if fully set forth herein.

 

	6.	Governing Law.

 

This Note shall be governed
in accordance with the terms and provisions of Section 15.01 (Choice of Law; Consent to Jurisdiction) of the Master Agreement.

 

	7.	Waivers.

 

Except as expressly provided
in the Master Agreement, presentment, demand for payment, notice of nonpayment and
dishonor, protest and notice of protest, notice of acceleration, notice of intent to
demand or accelerate payment or maturity, presentment for payment, notice of nonpayment,
and grace and diligence in collecting the Indebtedness are waived by Borrower, for and on behalf of itself, Guarantor and Key Principal,
and all endorsers and guarantors of this Note and all other third party obligors or others
who may become liable for the payment of all or any part of the Indebtedness.

 

	8.	Commercial Purpose.

 

Borrower represents that
the Indebtedness is being incurred by Borrower solely for the purpose of carrying on
a business or commercial enterprise or activity, and not for agricultural, personal, family or household purposes.

 

	9.	Construction; Joint and Several Liability.

 

(a)              
Section 15.09 (Construction) of the Master Agreement is hereby incorporated herein as if fully set forth in the body of this
Note.

 

(b)              
If more than one Person executes this Note as Borrower, the obligations of each such Person executing this Note shall be joint
and several.

 

	10.	Notices.

 

All Notices required
or permitted to be given by Lender to Borrower pursuant to this Note shall be given in accordance with Section 15.03 (Notice) of
the Master Agreement.

 

	Multifamily Note – Multistate	Form 6010.MCFA	Page 2
	Fannie Mae	09-20	© 2020 Fannie Mae
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

	11.	Time is of the Essence.

 

Borrower agrees that, with
respect to each and every obligation and covenant contained in this Note, time is of the essence.

 

	12.	Loan Charges Savings Clause.

 

Borrower agrees to pay an
effective rate of interest equal to the sum of the Interest Rate and any additional rate of interest resulting from any other charges
of interest or in the nature of interest paid or to be paid in connection with the Advance and any other fees or amounts to be paid by
Borrower pursuant to any of the other Loan Documents. Neither this Note, the Master Agreement nor any of the other Loan Documents shall
be construed to create a contract for the use, forbearance or detention of money requiring payment of interest at a rate greater than
the maximum interest rate permitted to be charged under applicable law. It is expressly stipulated and agreed to be the intent of Borrower
and Lender at all times to comply with all applicable laws governing the maximum rate or amount of interest payable on the Indebtedness
evidenced by this Note and the other Loan Documents. If any applicable law limiting the amount of interest or other charges permitted
to be collected from Borrower is interpreted so that any interest or other charge or amount provided for in any Loan Document, whether
considered separately or together with other charges or amounts provided for in any other Loan Document, or otherwise charged, taken,
reserved or received in connection with the Advance, or on acceleration of the maturity of the Advance or as a result of any prepayment
by Borrower or otherwise, violates that law, and Borrower is entitled to the benefit of that law, that interest or charge is hereby reduced
to the extent necessary to eliminate any such violation. Amounts, if any, previously paid to Lender in excess of the permitted amounts
shall be applied by Lender to reduce the unpaid principal balance of the Advance without the payment of any prepayment premium (or, if
the Advance has been or would thereby be paid in full, shall be refunded to Borrower), and the provisions of the Master Agreement and
any other Loan Documents immediately shall be deemed reformed and the amounts thereafter collectible under the Master Agreement and any
other Loan Documents reduced, without the necessity of the execution of any new documents, so as to comply with any applicable law, but
so as to permit the recovery of the fullest amount otherwise payable under the Loan Documents. For the purpose of determining whether
any applicable law limiting the amount of interest or other charges permitted to be collected from Borrower has been violated, all Indebtedness
that constitutes interest, as well as all other charges made in connection with the Indebtedness that constitute interest, and any amount
paid or agreed to be paid to Lender for the use, forbearance or detention of the Indebtedness, shall be deemed to be allocated and spread
ratably over the stated term of the Advance. Unless otherwise required by applicable law, such allocation and spreading shall be effected
in such a manner that the rate of interest so computed is uniform throughout the stated term of the Advance.

 

	13.	WAIVER OF TRIAL BY JURY.

 

TO THE MAXIMUM EXTENT
PERMITTED BY LAW, EACH OF BORROWER AND LENDER (A) AGREES NOT TO ELECT A TRIAL BY JURY WITH RESPECT TO ANY ISSUE ARISING OUT OF THIS
NOTE OR THE RELATIONSHIP BETWEEN THE PARTIES AS LENDER AND BORROWER THAT IS TRIABLE OF RIGHT BY A JURY AND (B) WAIVES ANY RIGHT
TO TRIAL BY JURY WITH RESPECT TO SUCH ISSUE TO THE EXTENT THAT ANY SUCH RIGHT EXISTS NOW OR IN THE FUTURE. THIS WAIVER OF RIGHT TO TRIAL
BY JURY IS SEPARATELY GIVEN BY EACH PARTY, KNOWINGLY AND VOLUNTARILY WITH THE BENEFIT OF COMPETENT LEGAL COUNSEL.

 

	Multifamily Note – Multistate	Form 6010.MCFA	Page 3
	Fannie Mae	09-20	© 2020 Fannie Mae
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

	14.	Receipt of Loan Documents.

 

Borrower acknowledges receipt
of a copy of each of the Loan Documents.

 

	15.	Incorporation of Schedules.

 

The schedules, if any, attached
to this Note are incorporated fully into this Note by this reference and each constitutes a substantive part of this Note.

 

	16.	Security for this Note.

 

The Indebtedness evidenced
by this Note is secured by the Security Documents executed by Borrower or Borrower Affiliate. Reference is made hereby to the Master
Agreement and the Security Documents for additional rights and remedies of Lender relating to the Indebtedness evidenced by this Note.
Each Security Document shall be released in accordance with the provisions of the Master Agreement and the Security Documents.

 

	17.	No Reborrowing.

 

Any portion of the Advance
borrowed under this Note may not be reborrowed.

 

	18.	Cross-Default with Master Agreement.

 

The occurrence of an Event
of Default under the Master Agreement shall constitute an “Event of Default” under this Note, and, accordingly, upon the
occurrence and during the continuance of an Event of Default under the Master Agreement, the entire principal amount outstanding hereunder
and accrued interest thereon shall at once become due and payable, at the option of the holder hereof.

 

	19.	Advance Terms.

 

The provisions of Schedule
3.2 and Schedule 4.2 of the Master Agreement are hereby incorporated in their entirety as if such provisions were set forth
herein.

 

ATTACHED SCHEDULE.
The following Schedule is attached to this Note:

 

	 ̈	Schedule 1	Modifications to Note

 

[Remainder of Page Intentionally Blank]

 

	Multifamily Note – Multistate	Form 6010.MCFA	Page 4
	Fannie Mae	09-20	© 2020 Fannie Mae
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

IN WITNESS WHEREOF,
Borrower has signed and delivered this Note under seal (where applicable) or has caused this Note to be signed and delivered under seal
(where applicable) by its duly authorized representative. Where applicable law so provides, Borrower intends that this Note shall be
deemed to be signed and delivered as a sealed instrument.

 

	 	BORROWER:
	 	 
	 	COMMONWEALTH 1144 LIMITED PARTNERSHIP,

    a Massachusetts limited partnership

 

	 	By:	Commonwealth Apartments,
    Inc.,
	 	a Massachusetts corporation,
	 	its General Partner

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	 	COMMONWEALTH 1137 LIMITED PARTNERSHIP,
	 	a Massachusetts limited partnership
	 	 
	 	By:	Commonwealth Gardens,
    Inc.,
	 	a Massachusetts corporation,
	 	its General Partner

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	 	NORTH BEACON 140 LIMITED PARTNERSHIP,
	 	a Massachusetts limited partnership

 

	 	By:	Courtyard on North
    Beacon, Inc.,
	 	 	a Massachusetts corporation,
	 	 	its General Partner

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	Multifamily Note – Multistate	Form 6010.MCFA	Page S-1
	Fannie Mae	09-20	© 2020 Fannie Mae
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

	 	EXECUTIVE APARTMENTS LIMITED
    PARTNERSHIP,
	 	a Massachusetts limited partnership

 

	 	By: 	Executive Apartments,
    Inc.,
	 	 	a Massachusetts corporation,
	 	 	its General Partner

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	 	HAMILTON OAKS ASSOCIATES, LLC,
	 	a Delaware limited liability company

 

	 	By:	NewReal, Inc.,
	 	 	a Massachusetts corporation,
	 	 	its Manager

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	 	HIGHLAND 38 LIMITED PARTNERSHIP,
	 	a Massachusetts limited partnership
	 	 	 
	 	By:	Highland 38, Inc.,
	 	 	a Massachusetts corporation,
	 	 	its General Partner

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	Multifamily Note – Multistate	Form 6010.MCFA	Page S-2
	Fannie Mae	09-20	© 2020 Fannie Mae
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

	 	OLDE ENGLISH APARTMENTS LIMITED PARTNERSHIP,
	 	a Massachusetts limited partnership
	 	 	 
	 	By:	Olde English Apartments,
    Inc.,
	 	 	a Massachusetts corporation,
	 	 	its General Partner

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	 	REDWOOD HILLS LIMITED PARTNERSHIP,
	 	a Massachusetts limited partnership
	 	 	 
	 	By:	Redwood Hills, Inc.,
	 	 	a Massachusetts corporation,
	 	 	its General Partner

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	 	RIVER DRIVE LIMITED PARTNERSHIP,
	 	a Massachusetts limited partnership
	 	 	 
	 	By:	River Drive, Inc.,
	 	 	a Massachusetts corporation,
	 	 	its General Partner

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	Multifamily Note – Multistate	Form 6010.MCFA	Page S-3
	Fannie Mae	09-20	© 2020 Fannie Mae
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

	 	WCB ASSOCIATES, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	NewReal, Inc.,
	 	 	a Massachusetts corporation,
	 	 	its Manager

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	 	CLOVELLY APARTMENTS LIMITED PARTNERSHIP,
	 	a Massachusetts limited partnership
	 	 	 
	 	By:	Clovelly Apartments,
    Inc.,
	 	 	a Massachusetts corporation,
	 	 	its General Partner

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	 	WESTGATE APARTMENTS BURLINGTON, LLC,
	 	a Delaware limited liability company
	 	 	 
	 	By:	NewReal, Inc.,
	 	 	a Massachusetts corporation,
	 	 	its Manager

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	Multifamily Note – Multistate	Form 6010.MCFA	Page S-4
	Fannie Mae	09-20	© 2020 Fannie Mae
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

	 	SCHOOL STREET 9, LLC,
	 	a Delaware limited liability company 
	 	 	 
	 	By:	NewReal, Inc.,
	 	 	a Massachusetts corporation,
	 	 	its Manager

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	 	NERA DEAN
    STREET ASSOCIATES, LLC,
	 	a Delaware limited
    liability company
	 	 	 
	 	By:	NewReal, Inc.,
	 	 	a Massachusetts corporation,
	 	 	its Manager

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	 	WESTGATE APARTMENTS, LLC,
	 	a Delaware limited liability company 
	 	 	 
	 	By:	NewReal, Inc.,
	 	 	a Massachusetts corporation,
	 	 	its Manager 

 

	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Ronald Brown
	 	Title:	President

 

	Multifamily Note – Multistate	Form 6010.MCFA	Page S-5
	Fannie Mae	09-20	© 2020 Fannie Mae
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

Pay to the order of _________________________________________________________,
without recourse.

 

	 	LENDER:
	 	 	 
	 	KEYBANK NATIONAL ASSOCIATION,
	 	a national banking association
	 	 	 
	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Sherry Witt
	 	Title:	Senior Vice President

 

	Multifamily Note – Multistate	Form 6010.MCFA	Page S-6
	Fannie Mae	09-20	© 2020 Fannie Mae
	HAMILTON/KeyBank (2021 MCFA)Exhibit 10.2.1

 

Prepared by, and after recording

return to:

Venable LLP

600 Massachusetts Avenue, NW

Washington, DC 20001

Attention: Stephanie L. DeLong, Esq.

 

ASSIGNMENT OF INTEREST UNDER MULTIFAMILY MORTGAGE,

ASSIGNMENT OF LEASES AND RENTS,

SECURITY AGREEMENT

AND FIXTURE FILING

 

(MASSACHUSETTS)

 

(MIDDLESEX COUNTY)

 

(COURTYARD AT WESTGATE)

 

Property Address: 105 Westgate Dr, Burlington,
Middlesex County, Massachusetts 01803

 

Effective as of June 16, 2022.

 

KNOW ALL MEN BY THESE PRESENTS:

 

THAT, KEYBANK NATIONAL ASSOCIATION, a
national banking association (“Assignor”), whose address is 11501 Outlook Street, Suite #300, Overland Park,
Kansas 66211, in consideration of the sum of Ten Dollars lawful money of the United States of America, to it in hand paid by FANNIE
MAE (“Assignee”), whose address is c/o KeyBank National Association, 11501 Outlook Street, Suite #300,
Overland Park, Kansas 66211, the receipt of which is hereby acknowledged, has granted, bargained, sold, assigned, transferred and
set over, and by these presents does hereby grant, bargain, sell, assign, transfer and set over unto Assignee, all of
Assignor’s rights, titles and interests in, to and under a certain Multifamily Mortgage, Assignment of Leases and Rents,
Security Agreement and Fixture Filing (the “Mortgage”), dated as of the date hereof, made by WESTGATE
APARTMENTS BURLINGTON, LLC, a Delaware limited liability company (“Borrower”), whose address is c/o The
Hamilton Company, Inc., 39 Brighton Avenue, Boston, Massachusetts 02134, for the benefit of Assignor, and recorded concurrently
herewith in the Middlesex County Registry of Deeds, relating to certain real property and the improvements thereon more particularly
described on Exhibit A attached hereto and incorporated herein by this reference, together with the indebtedness secured
thereby.

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page 1
	Massachusetts (Courtyard at Westgate, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

Assignor hereby represents
and warrants that it is the owner and holder of the Mortgage, that it has not previously assigned its rights thereunder to any party,
and that it has taken no action which would impair the priority of the first lien of the Mortgage.

 

TO HAVE AND TO HOLD the same
unto the Assignee, its successors, transferees and assigns forever.

 

[Remainder of Page Intentionally Blank]

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page 2
	Massachusetts (Courtyard at Westgate, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

IN WITNESS WHEREOF,
Assignor has signed and delivered or has caused this Assignment to be signed, sealed and delivered by its duly authorized representative
as of the day and year first above written.

 

	 	ASSIGNOR:
	 	 
	 	KEYBANK NATIONAL ASSOCIATION,
	 	a national banking association
	 	 
	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Sherry Witt
	 	Title:	Senior Vice President

 

STATE OF ________________

COUNTY OF ______________        , SS.

 

On this _____ day of _______________, 2022, before
me, the undersigned notary public, personally appeared Sherry Witt, the Senior Vice President of KeyBank National Association, a national
banking association, proved to me through satisfactory evidence of identification, which were ______________________________, to be the
person whose name is signed on the preceding document, and acknowledged to me that this document is signed either voluntarily for its
stated purpose or is the free act and deed of the party signing the document.

 

__________________________________

Notary Public

My Commission Expires:______________

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page S-1
	Massachusetts (Courtyard at Westgate, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

COURTYARD AT WESTGATE

 

EXHIBIT A

 

The land on Beacon Street, Burlington and Pearl
Street, Woburn, Middlesex County, Massachusetts, more particularly shown as Lot F on a "Plan of Land Showing Proposed Easements in
Burlington/Woburn, MA" dated February 22, 1999, revised March 17, 1999 by Selwyn and Kirwin Associates, recorded with said Deeds
in Book 29966, Page 289, more particularly described as follows:

 

BEGINNING AT THE SOUTHEAST CORNER OF SAID PREMISES
AT A POINT ON PEARL STREET;

 

THENCE, South 80° 29’ 00” West
108.39’ by Pearl Street to a point;

 

THENCE, North 33° 02' 38” East 9.57’
by Beacon Street to a point;

 

THENCE, South 84° 39’ 42” West
7.04’ by Beacon Street to a point;

 

THENCE, North 01° 35’ 40" East
163.55’ to a point;

 

THENCE, North 00° 20’ 50" West
127.48’ to a point;

 

THENCE, North 05° 55’ 20” West
101.39’ to a point;

 

THENCE, North 10° 58’ 00” West
70.78’ to a point;

 

THENCE, North 69° 06' 30” West 71.65’
to a point;

 

THENCE, North 45° 35’ 10” East
196.34’ to a point;

 

THENCE, South 89° 41’ 30” East
115.50 to a point;

 

THENCE, North 21° 41’ 30” West
165.00’ to a point;

 

THENCE, North 73° 08’ 30” East
280.50’ to a point;

 

THENCE, South 41° 16’ 30” East
30 00’ to a point;

 

THENCE, South 11° 14’ 50” East
253 93’ to a point;

 

THENCE, South 80° 09’ 29” West
141. 62’ to a point;

 

THENCE, South 32° 18’ 34” West
82 29’ to a point;

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page A-1
	Massachusetts (Courtyard at Westgate, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

THENCE, North 56° 58’ 40” West
203 89’ to a point;

 

THENCE, North 89° 41’ 30” West
18 85’ to a point;

 

THENCE, South 33° 02’ 30” West
140 69’ to a point;

 

THENCE, South 10° 58’ 00” East
106 41’ to a point;

 

THENCE, South 57° 33’ 07” East
200 58’ to a point;

 

THENCE, South 33° 02' 38” West 264.00’
to a point;

 

THENCE, by a curve to the left with radius of
23.33’ a distance of 47.18’;

 

THENCE, South 82° 50’ 33” East
51.49’ to the point of beginning.

 

Containing 129.077 square feet of land according
to said plan.

 

Together with the rights and easements as set
forth in a Cross Easement Agreement between New England Realty Associates Limited Partnership and Westgate Apartments, LLC dated March
24, 1999 and recorded in the Registry in Book 29966, Page 302 and filed as Document No. 1101724.

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page A-2
	Massachusetts (Courtyard at Westgate, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

Prepared by, and after recording

return to:

Venable
LLP

600 Massachusetts Avenue, NW

Washington, DC 20001

Attention: Stephanie L. DeLong, Esq.

 

ASSIGNMENT OF INTEREST UNDER MULTIFAMILY
MORTGAGE,

ASSIGNMENT OF LEASES AND RENTS, 

SECURITY AGREEMENT

AND FIXTURE FILING

 

(MASSACHUSETTS)

 

(MIDDLESEX COUNTY)

 

(HAMILTON VILLAGE)

 

Property Address: 9 School St, Framingham,
Middlesex County, Massachusetts 01701

 

Effective
as of June 16, 2022.

 

KNOW ALL MEN BY THESE PRESENTS:

 

THAT, KEYBANK NATIONAL ASSOCIATION, a national
banking association (“Assignor”), whose address is 11501 Outlook Street, Suite #300, Overland Park, Kansas 66211, in
consideration of the sum of Ten Dollars lawful money of the United States of America, to it in hand paid by FANNIE MAE (“Assignee”),
whose address is c/o KeyBank National Association, 11501 Outlook Street, Suite #300, Overland Park, Kansas 66211, the receipt of which
is hereby acknowledged, has granted, bargained, sold, assigned, transferred and set over, and by these presents does hereby grant, bargain,
sell, assign, transfer and set over unto Assignee, all of Assignor’s rights, titles and interests in, to and under a certain Multifamily
Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (the “Mortgage”), dated as of the date
hereof, made by SCHOOL STREET 9, LLC, a Delaware limited liability company (“Borrower”), whose address is c/o
The Hamilton Company, Inc., 39 Brighton Avenue, Boston, Massachusetts 02134, for the benefit of Assignor, and recorded concurrently herewith
in the Middlesex County Registry of Deeds, relating to certain real property and the improvements thereon more particularly described
on Exhibit A attached hereto and incorporated herein by this reference, together with the indebtedness secured thereby.

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page 1
	Massachusetts (Hamilton Village, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

Assignor hereby represents
and warrants that it is the owner and holder of the Mortgage, that it has not previously assigned its rights thereunder to any party,
and that it has taken no action which would impair the priority of the first lien of the Mortgage.

 

TO HAVE AND TO HOLD the same
unto the Assignee, its successors, transferees and assigns forever.

 

[Remainder of Page Intentionally Blank]

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page 2
	Massachusetts (Hamilton Village, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

IN
WITNESS WHEREOF, Assignor has signed and delivered or has caused this Assignment to be signed,
sealed and delivered by its duly authorized representative as of the day and year first above written.

 

	 	ASSIGNOR:
	 	 
	 	KEYBANK NATIONAL ASSOCIATION,
	 	a national banking association
	 	 
	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Sherry Witt
	 	Title:	Senior Vice President

 

STATE OF ________________

COUNTY OF ______________      , SS.

 

On this _____ day of _______________, 2022, before
me, the undersigned notary public, personally appeared Sherry Witt, the Senior Vice President of KeyBank National Association, a national
banking association, proved to me through satisfactory evidence of identification, which were ______________________________, to be the
person whose name is signed on the preceding document, and acknowledged to me that this document is signed either voluntarily for its
stated purpose or is the free act and deed of the party signing the document.

 

__________________________________

Notary Public

My Commission Expires:______________

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page S-1
	Massachusetts (Hamilton Village, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

HAMILTON VILLAGE

 

EXHIBIT A

 

A certain parcel of land
situated in Framingham in the County of Middlesex and said Commonwealth, bounded and described as follows:

 

Northerly by School Street,
sixty-two and 22/100 feet;

 

Easterly by Lot 15 as
shown on plan hereinafter mentioned, two hundred and 45/100 feet;

 

Westerly by Lot 16 as
shown on said plan, eighty-nine and 07/100 feet;

 

Northwesterly by Lot
A on said plan, two hundred six and 04/100 feet.

 

All of said boundaries
are determined by the Court to be located as shown on a subdivision plan, as approved by the Court, filed in the Land Registration Office,
as copy of which is filed in the Middlesex South Registry District of the Land Court as Plan No. 16357G in Registration Book 739, Page
99 with Certificate of Title No. 121849. Being Lot 14 as shown on said plan.

 

Also another certain
parcel of land situated in Framingham, described as follows:

 

Lot 18

 

	Southwesterly 	by Lot 20, being the southwesterly line of Cochituate Brook.

 

	Northerly	by a line crossing Cochituate Brook, being the southerly line of former location of Cochituate Brook,
about twenty-eight (28) feet.

 

	Northeasterly 	by Lot 22, being the northeasterly line of Cochituate Brook.

 

	Easterly	by a line crossing Cochituate Brook, being the westerly line of the former location of Cochituate Brook,
about twenty-seven (27) feet.

 

Said parcel is shown
as Lot 18 on said plan. (Plan No. 16357H)

 

Also another certain
parcel of land situated in Framingham, described as follows:

 

Lot 20

 

Southwesterly by
Boston and Albany Railroad Company about two hundred (200) feet.

 

Northeasterly by Lot
18, being the southwesterly line of Cochituate Brook.

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page A-1
	Massachusetts (Hamilton Village, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

Southeasterly by land
now or formerly of Herbert Brown et al about seventy-four (74) feet.

 

Said parcel is shown
as Lot 20 on said plan. (Plan No. 16357H)

 

Also another certain
parcel of land situated in Framingham, described as follows:

 

Lot 22

 

Northwesterly by
Lots 14, 15 and 12, one hundred ninety-two and 01/100 (192.01) feet.

 

Northeasterly by Lots
11, 5, 9 and 8 on said plan four hundred thirty-three and 52/100 (433.52) feet.

 

	Southeasterly	by land now or formerly of Charles J. Montani and land formerly of F.E. Bell one hundred sixty-five and
14/100 (165.14) feet.

 

Northeasterly by land
of said Bell three hundred sixty-seven and 75/100 (367.75) feet.

 

	Southeasterly	by land now or formerly of Herbert Brown et al about three hundred eighty-two (382) feet.

 

	Westerly	by Lot 18, by a line crossing Cochituate Brook, being the westerly line of the former location of Cochituate
Brook, about twenty-seven (27) feet.

 

Southwesterly by Lot
18, being the northeasterly line of Cochituate Brook.

 

	Southerly	by Lot 18, by a line crossing Cochituate Brook, being the southerly line of the former location of Cochituate
Brook, about twenty-eight (28) feet.

 

	Southwesterly	by the Boston and Albany Railroad Company about two hundred eighteen (218) feet, and
	 	 
	Westerly	by Lot A
three hundred twenty-eight and 59/100 (328.59) feet.

 

Said parcel is shown
as Lot 22 on said plan. (Plan No. 16357H)

 

All of said boundaries
are determined by the Court to be located as shown on a subdivision plan, as approved by the Court, filed in the Land Registration Office,
a copy of which is filed in the Registry of Deeds for the South Registry District of Middlesex County in Registration Book 752, Page 113,
with Certificate 124463.

 

There is appurtenant
to Lots 18, 20 and 22 the right to use as a passageway that part of Lot 8 marked “Way” shown on plan filed in Registration
Book 572, Page 7, more particularly set forth in deed filed as Document No. 436043 as reserved in Document No. 329531.

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page A-2
	Massachusetts (Hamilton Village, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

Also another certain
parcel of land situated in Framingham, described as follows:

 

Lot 23

 

Northerly by School Street,
fifteen feet;

 

Southeasterly by Lot
24 as shown on plan hereinafter mentioned, fifty-one and 84/100 feet; and

 

Westerly by Lot 14 on
said plan, fifty (50) feet.

 

Said parcel is shown
as Lot 23 on said plan. (Plan No. 16357I)

 

All of said boundaries
are determined by the Court to be located as shown on a subdivision plan, as approved by the Court, filed in the Land Registration Office,
a copy of which is filed in the Middlesex South Registry District of the Land Court in Registration Book 756, Page 42 with Certificate
of Title 125191, Land Court Plan No. 16537I.

 

Said Lot 23 is subject
to the provisions set forth in deed given by the City of Boston to John B. Dench dated October 1, 1856 and recorded in the Registry in
Book 2567, Page 449.

 

Excepting from the above-described
premises so much of the premises as was taken by Taking by the Middlesex County Commissioners for the relocation of School Street dated
September 26, 1939 and filed as Document No. 160804.

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page A-3
	Massachusetts (Hamilton Village, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

Prepared by, and after recording

return to:

Venable
LLP

600 Massachusetts Avenue, NW

Washington, DC 20001

Attention: Stephanie L. DeLong, Esq.

 

ASSIGNMENT OF INTEREST UNDER MULTIFAMILY
MORTGAGE,

ASSIGNMENT OF LEASES AND RENTS, 

SECURITY AGREEMENT

AND FIXTURE FILING

 

(MASSACHUSETTS)

 

(NORFOLK COUNTY)

 

(STONEBRIDGE APARTMENTS)

 

Property Address: 38 Dean St, Norwood,
Norfolk County, Massachusetts 02062

 

Effective
as of June 16, 2022.

 

KNOW ALL MEN BY THESE PRESENTS:

 

THAT, KEYBANK NATIONAL ASSOCIATION, a national
banking association (“Assignor”), whose address is 11501 Outlook Street, Suite #300, Overland Park, Kansas 66211, in
consideration of the sum of Ten Dollars lawful money of the United States of America, to it in hand paid by FANNIE MAE (“Assignee”),
whose address is c/o KeyBank National Association, 11501 Outlook Street, Suite #300, Overland Park, Kansas 66211, the receipt of which
is hereby acknowledged, has granted, bargained, sold, assigned, transferred and set over, and by these presents does hereby grant, bargain,
sell, assign, transfer and set over unto Assignee, all of Assignor’s rights, titles and interests in, to and under a certain Multifamily
Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (the “Mortgage”), dated as of the date
hereof, made by NERA DEAN STREET ASSOCIATES, LLC, a Delaware limited liability company (“Borrower”), whose address
is c/o The Hamilton Company, Inc., 39 Brighton Avenue, Boston, Massachusetts 02134, for the benefit of Assignor, and recorded concurrently
herewith in the Norfolk County Registry of Deeds, relating to certain real property and the improvements thereon more particularly described
on Exhibit A attached hereto and incorporated herein by this reference, together with the indebtedness secured thereby.

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page 1
	Massachusetts (Stonebridge Apartments, Norfolk County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

Assignor hereby represents
and warrants that it is the owner and holder of the Mortgage, that it has not previously assigned its rights thereunder to any party,
and that it has taken no action which would impair the priority of the first lien of the Mortgage.

 

TO HAVE AND TO HOLD the same
unto the Assignee, its successors, transferees and assigns forever.

 

[Remainder of Page Intentionally Blank]

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page 2
	Massachusetts (Stonebridge Apartments, Norfolk County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

IN
WITNESS WHEREOF, Assignor has signed and delivered or has caused this Assignment to be signed,
sealed and delivered by its duly authorized representative as of the day and year first above written.

 

	 	ASSIGNOR:
	 	 
	 	KEYBANK NATIONAL ASSOCIATION,
	 	a national banking association
	 	 
	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Sherry Witt
	 	Title:	Senior Vice President

 

STATE OF ________________

COUNTY OF ______________       , SS.

 

On this _____ day of _______________, 2022, before
me, the undersigned notary public, personally appeared Sherry Witt, the Senior Vice President of KeyBank National Association, a national
banking association, proved to me through satisfactory evidence of identification, which were ______________________________, to be the
person whose name is signed on the preceding document, and acknowledged to me that this document is signed either voluntarily for its
stated purpose or is the free act and deed of the party signing the document.

 

__________________________________

Notary Public

My Commission Expires:______________

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page S-1
	Massachusetts (Stonebridge Apartments, Norfolk County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

STONEBRIDGE APARTMENTS

 

EXHIBIT A

 

Lot A

 

A Certain parcel of land situated in Norwood,
Norfolk County, Massachusetts, being shown as Lot A on a plan entitled “Land in Norwood, Mass. of Trustees of Penn Central Transportation
Co. D.R. to be conveyed to George & Delores Elias,” dated December 14, 1970, prepared by R. E. Cameron & Associates, Surveyors,
which plan is recorded in the Norfolk County Registry of Dees as Plan No. 173 of 1971 in Book 4723, Page 300. Said Lot A is further bounded
and described as follows:

 

	SOUTHERLY	by Dean Street, four hundred sixty-three and 42/100 (463.42) feet;

 

	NORTHWESTERLY	four hundred ninety-two (492) feet;

 

	NORTHEASTERLY	by land marked “Florence Caras & Marian Rogovin” on said plan three hundred twenty-eight
and 75/100 (328.75) feet;

 

	EASTERLY	by Lot B as shown on said plan by two lines measuring two hundred forty-eight and 30/100 (248.30) feet
and one hundred thirty-six and 05/100 9136.05) feet, respectively.

 

Lot A is also shown as a parcel marked “3
50/100 Acres” on a plan entitled “Plan of Land in Norwood, Mass. Belonging to George H. Morrill,” dated January 1898
and recorded in the Norfolk County Registry of Deeds in Book 810, Page 393.

 

Lot B

 

A certain parcel of land situated in said Norwood
and being shown as Lot B on the first mentioned plan. Said Lot B being further bounded and described as follows:

 

	SOUTHERLY 	by Dean Street sixty-three and 82/100 (63.82) feet;

 

	WESTERLY	by Lot A as shown on said plan by two lines measuring one hundred thirty-six and 05/100 (136.05) feet
and two hundred forty-eight and 30/100 (248.30) feet, respectively

 

	WESTERLY	by land marked “Florence Caras & Marian Rogovin” on said plan five hundred fifty-three
and 94/100 (553.94) feet;

 

	NORTHERLY	ten and 05/100 (10.05) feet; and

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page A-1
	Massachusetts (Stonebridge Apartments, Norfolk County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

	EASTERLY	by land now or formerly of Penn Central Transportation Company by three lines measuring two hundred seventeen
(217) feet, five hundred eighty-one and 15/100 (581.15) feet and one hundred sixty-four and 70/100 (164.70) feet, respectively.

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page A-2
	Massachusetts (Stonebridge Apartments, Norfolk County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

Prepared by, and after recording

return to:

Venable
LLP

600 Massachusetts Avenue, NW

Washington, DC 20001

Attention: Stephanie L. DeLong, Esq.

 

ASSIGNMENT OF INTEREST UNDER MULTIFAMILY
MORTGAGE,

ASSIGNMENT OF LEASES AND RENTS, 

SECURITY AGREEMENT

AND FIXTURE FILING

 

(MASSACHUSETTS)

 

(MIDDLESEX COUNTY)

 

(WESTGATE APARTMENTS)

 

Property
Address:  2 Westgate Dr, Woburn, Middlesex County, Massachusetts 01801

 

Effective
as of June 16, 2022.

 

KNOW ALL MEN BY THESE PRESENTS:

 

THAT, KEYBANK NATIONAL ASSOCIATION, a national
banking association (“Assignor”), whose address is 11501 Outlook Street, Suite #300, Overland Park, Kansas 66211, in
consideration of the sum of Ten Dollars lawful money of the United States of America, to it in hand paid by FANNIE MAE (“Assignee”),
whose address is c/o KeyBank National Association, 11501 Outlook Street, Suite #300, Overland Park, Kansas 66211, the receipt of which
is hereby acknowledged, has granted, bargained, sold, assigned, transferred and set over, and by these presents does hereby grant, bargain,
sell, assign, transfer and set over unto Assignee, all of Assignor’s rights, titles and interests in, to and under a certain Multifamily
Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (the “Mortgage”), dated as of the date
hereof, made by WESTGATE APARTMENTS, LLC, a Delaware limited liability company (“Borrower”), whose address is
c/o The Hamilton Company, Inc., 39 Brighton Avenue, Boston, Massachusetts 02134, for the benefit of Assignor, and recorded concurrently
herewith in the Middlesex County Registry of Deeds, relating to certain real property and the improvements thereon more particularly described
on Exhibit A attached hereto and incorporated herein by this reference, together with the indebtedness secured thereby.

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page 1
	Massachusetts (Westgate Apartments, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

Assignor hereby represents
and warrants that it is the owner and holder of the Mortgage, that it has not previously assigned its rights thereunder to any party,
and that it has taken no action which would impair the priority of the first lien of the Mortgage.

 

TO HAVE AND TO HOLD the same
unto the Assignee, its successors, transferees and assigns forever.

 

[Remainder of Page Intentionally Blank]

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page 2
	Massachusetts (Westgate Apartments, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

IN
WITNESS WHEREOF, Assignor has signed and delivered or has caused this Assignment to be signed,
sealed and delivered by its duly authorized representative as of the day and year first above written.

 

	 	ASSIGNOR:
	 	 
	 	KEYBANK NATIONAL ASSOCIATION,
	 	a national banking association
	 	 
	 	By:	 	(SEAL)
	 	 	 	 
	 	Name:	Sherry Witt
	 	Title:	Senior Vice President

 

STATE OF ________________

COUNTY OF ______________       , SS.

 

On this _____ day of _______________, 2022, before
me, the undersigned notary public, personally appeared Sherry Witt, the Senior Vice President of KeyBank National Association, a national
banking association, proved to me through satisfactory evidence of identification, which were ______________________________, to be the
person whose name is signed on the preceding document, and acknowledged to me that this document is signed either voluntarily for its
stated purpose or is the free act and deed of the party signing the document.

 

__________________________________

Notary Public

My Commission Expires:______________

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page S-1
	Massachusetts (Westgate Apartments, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)	 	 

 

     

     

    

 

WESTGATE APARTMENTS

 

EXHIBIT A

 

Those certain parcels of land, with the buildings
and other improvements thereon, situated on Pearl Street in Woburn and Burlington, Middlesex County, Massachusetts, shown as the following
parcels:

 

1. Parcel E on a plan entitled "Subdivision
Plan of Land in Burlington/Woburn, Massachusetts" dated February 22, 1999 and recorded in the Middlesex South District Registry of
Deeds as Plan No. 315 of 1999 (the “Plan”).

 

2. Parcel C as shown on the Plan and also shown
as Lot C on a plan entitled “Plan of Land Burlington-Woburn, Mass.,” prepared by Joseph Selwyn dated February 3, 1963 and
recorded in the Middlesex South District Registry of Deeds as Plan No. 386 of 1963;

 

3. Parcel D as shown on the Plan and also shown
as Lot D on a plan entitled “Plan of Land, Woburn, Mass.,” prepared by Joseph Selwyn dated January 26, 1963 and recorded in
the Middlesex South District Registry of Deeds as Plan No. 387 of 1963; and

 

4. A registered parcel shown on a plan entitled
 “Plan of Land in Woburn,” prepared by Silverman Engineering Company, dated September 22, 1910 and filed with the Land Court
as Plan No. 3191A. Said plan is also filed in Registration Book 23, Page 249, with Certificate No. 3516.

 

Together with the rights and easements (the "Parking
Easement") as set forth in Quitclaim Deed dated March 24, 1999 from New England Realty Associates Limited Partnership to Westgate
Apartments, LLC recorded in the Middlesex South District Registry of Deeds in Book 29966, Page 295 and filed with Middlesex South Registry
District of the Land Court as Document No. 1101723, in accordance with the terms thereof.

 

Together with the rights and easements as set
forth in Cross Easement Agreement by and between New England Realty Associates Limited Partnership ,as Grantor, and Westgate Apartments,
LLC, as Grantee, dated March 24, 1999 recorded in the Middlesex South District Registry of Deeds in Book 29966, Page 302 and filed with
Middlesex South Registry District of the Land Court District as Document No. 1101724.

 

	Fannie Mae Assignment of Multifamily Security Instrument	Page A-1
	Massachusetts (Westgate Apartments, Middlesex County)	 	 
	HAMILTON/KeyBank (2021 MCFA)

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