Spreadsheet: 6f86bb3a-112e-44dd-890f-54f1a4037a68
Sheet: Sheet1

Unnamed: 0 | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 | Unnamed: 6 | Unnamed: 7
 | Mark-to-Market (M2M) |  |  |  |  | Form 7.19
 | Official Term Sheet |  |  |  |  | Office of Multifamily Housing
 |  |  |  |  |  | [NAME]
 | Transaction Terms for Closing |  |  |  |  | Is this the FINAL Revision?
 |  |  |  |  |  | Date:
 | General Information
 | Underwriting Model Name: |  |  |  |  | Current Model Progress Date: | 2002-08-15 00:00:00
 | Project Name: | Example Apartments |  |  |  | Restructuring Commitment Date:
 | Closing Month: | 2002-05-31 00:00:00 |  |  |  | RC Expiration Date:
 | Initial 7.19 Date: |  |  |  |  | 7.19 Revision Number:
 | Project Street Address: | 12345 Main St. |  |  |  | (Should be the same as RC Amendment Number)
 | Project City: | Another Town
 | Project State: | Another State |  |  |  | Property ID Number: | 800001234
 | Old FHA Project Number: | 12345678 |  |  |  | Fiscal Year End:
 | Old FHA Program Type: | 221(d)3 Mkt Int Rate
 | Original Note Maturity Date:
 | New FHA Project Number: | 12345678 |  |  |  | Firm Commitment Date:
 | New FHA Program Type: | Other
 | HAP Contract 1 Number: | Test |  |  |  | HAP Contract 5 Number: | 0
 | HAP Contract 2 Number: | Test 2 |  |  |  | HAP Contract 6 Number: | 0
 | HAP Contract 3 Number: | 0 |  |  |  | HAP Contract 7 Number: | 0
 | HAP Contract 4 Number: | 0 |  |  |  | HAP Contract 8 Number: | 0
 | New Mortgages
 | [NAME] of New First: | 461705.3285413793 |  |  |  | [NAME] of Second: | 550101.6714586207
 | Monthly P&I Payment: | 3717.776351202996 |  |  |  | Interest Rate: | 0.01
 | Interest Rate: | 0.085 |  |  |  | Maturity Date: | 2027-06-01 00:00:00
 | [NAME] (in Years): | 25 |  |  |  | [NAME] (in Years): | 25
 | First P&I Payment Date: |  |  |  |  | Lender:
 | Maturity Date: | 2027-06-01 00:00:00 |  |  |  | Post-Restructuring FHA Number *: | 12345678V
 | Lender:
 |  |  |  |  |  | [NAME] of Third: | 33200
 | % of Cash Flow to Debt Service: | 0.75 |  |  |  | Interest Rate: | 0.01
 |  |  |  |  |  | Maturity Date: | 2027-06-01 00:00:00
 |  |  |  |  |  | [NAME] (in Years): | 25
 |  |  |  |  |  | Lender:
 |  |  |  |  |  | Post-Restructuring FHA Number*: | 12345678W
 | * Note: 2nd and 3rd FHA Numbers will not reflect the last characters "V" and "W" in the actual legal documents.
 | Assorted Deal Financial Data
 | Monthly R4R Deposit: | 2541.666666666667 | (R4R deposit excludes IRP and Out-Year S8 Recapture, if applicable. See note below.)
 | Annual R4R Deposit: | 30500
 | NOTE: If Out-Year S8 Recapture funds go to the R4R (see page 4, cell H145) enter the total of the monthly recapture amount plus the monthly
 | R4R deposit (cell C54) for entry in the HUD Regulatory Agreement(s). Insert that total with an asterisk next to it and type a note on that page
 | of the Regulatory Agreement clarifying "* This includes the Monthly Recapture Payment from the Section 8 Recapture Agreement entered
 | into contemporaneously."
 | IDRR: | 32000 |  |  |  | Estimated Significant Additions: | 1000
 | R4R Existing Balance: | 15000 |  |  |  | Total Significant Additions: | 1100
 | New Money for IDRR (if >0): | 17000 |  |  |  | (Significant Additions including [NAME])
 |  |  |  |  |  | Total Sig. Additions in Escrow %: | 1.1
 | Below: Summary of Rehab without Significant Additions |  |  |  |  | Contingency: | 100
 | Estimated Rehab Cost: | 24500 |  |  |  | Owner's Portion of Sig,. Additions: | 33
 | Total Amount of [NAME]: | 26950 |  |  |  | Sig. Adds. Funded by Loan Proceeds: | 1067
 | (Rehab Including Contingency)
 |  |  |  |  |  | TOTAL ESCROW *: | 28050
 | Total [NAME] %: | 1.1 |  |  |  | * Total Rehab plus Total Significant Additions
 | Contingency: | 2450
 | Owner's Portion of Rehab Escrow: | 5390
 | [NAME] by Loan Proceeds: | 21560 |  |  |  | IPF Percent of EGI: | 0.03
 | [NAME] Fee: | 0 |  |  |  | Monthly CRP: | 167.6666666666667
 |  |  |  |  |  | Number of Months of CRP: | 84
 | Total Approved Transaction Costs: | 25000 |  |  |  | Partial Payment of Claim: | 550101.6714586207
 | Owner's Portion of Trans. Costs: | 5000 |  |  |  | UPB for Claim Package: | 985380
 | If Additional Funds are used for Rehab, RC must include both the Baseline and Additional Funds Rehab Schedules.
 | Post-Restructuring HAP Contract Rents
 | Market or [NAME]: | Market Rents |  |  |  | 4BR Rent: | 0
 | 0BR Rent: | 415 |  |  |  | 5BR Rent: | 0
 | 1BR Rent: | 450 |  |  |  | 6BR Rent: | 0
 | 2BR Rent: | 0 |  |  |  | 7BR Rent: | 0
 | 3BR Rent: | 0
 |  |  |  |  |  | Affordable Rent Selection (20%/50% or 40%/60%):
 | Proposed Assisted Unit Counts and Utility Allowances
 | Number of 0BR Units: | 30 |  |  |  | 0BR Utility Allowance: | 0
 | Number of 1BR Units: | 30 |  |  |  | 1BR Utility Allowance: | 0
 | Number of 2BR Units: | 0 |  |  |  | 2BR Utility Allowance: | 0
 | Number of 3BR Units: | 0 |  |  |  | 3BR Utility Allowance: | 0
 | Number of 4BR Units: | 0 |  |  |  | 4BR Utility Allowance: | 0
 | Number of 5BR Units: | 0 |  |  |  | 5BR Utility Allowance: | 0
 | Number of 6BR Units: | 0 |  |  |  | 6BR Utility Allowance: | 0
 | Number of 7BR Units: | 0 |  |  |  | 7BR Utility Allowance: | 0
 | Owner's Signature Block
 | Rehabilitation Escrow Contact Information
 | Closing Escrow Agent should remit [NAME] funds to:
 | Holder of Rehab Funds Organization: | 0
 | Holder of Rehab Funds Address: | 0
 | Holder of Rehab Funds City: | 0
 | Holder of Rehab Funds State: | 0
 | Holder of Rehab Funds Zip Code: | 0
 | Holder of Rehab Funds Contact Phone: | 0
 | Rehab Escrow Administrator (leave blank if administrator will hold the funds)
 | Rehab Escrow Administrator Organization: | 0
 | Rehab Escrow Administrator Address: | 0
 | Rehab Escrow Administrator City: | 0
 | Rehab Escrow Administrator State: | 0
 | Rehab Escrow Administrator Zip Code: | 0
 | Rehab Escrow Administrator Contact Phone: | 0
 | Other Escrow Information
 | Taxes to be Escrowed at Closing: | 0 |  |  |  | Insurance to be Escrowed at Closing: | 0
 | Current Tax Escrow Balance: | 0 |  |  |  | Current Insurance Escrow Balance: | 0
 | IRP and Section 8 Out-Year Recapture
 | Is IRP Available?:
 | Total IRP Remaining: | 0
 | IRP Term Remaining: (Months): | 0 |  |  |  | S8 Out-Yr. Recapture to R4R, Mth 1: | 0
 | Original IRP Maturity Date: |  |  |  |  | Months of O-Y Rec. Applied to R4R: | 0
 | IRP Applied to R4R, Month 1: | 0 |  |  |  | S8 O-Y Recapture to D/S, Mth 1: | 0
 | Months of IRP Applied to R4R: | 0 |  |  |  | Months of O-Y Rec. Applied to D/S: | 0
 | IRP to Debt Service (D/S), Mth 1: | 0
 | Months of IRP Applied to D/S: | 0 |  |  |  | Starting Month, Year of O-Y Rec. | 2002-06-01 00:00:00
 | Starting Month, Year of IRP **: | 2002-08-01 00:00:00
 | ** Note: The IRP Start Date cannot precede the Closing Date
 | Attach both old and new IRP Schedules to Form 7.19
 | Signatures below must be provided and dated to confirm that the above terms reflect the approved Restructuring Plan
 | OMHAR Signature: |  |  |  |  | OMHAR Signature Date:
 | (OMHAR Signature Required for Final Revision only)
 | PAE Staff Signature: |  |  |  |  | PAE Signature Date:
 | PAE Attorney Signature: |  |  |  |  | PAE Attorney Signature Date:
 |  | Yes
 |  | No
 |  | 20%/50%
 |  | 40%/60%