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ASHLAND HEIGHTS II

Db Date 6/13/17
Estimated Property Exit Date 4/5/2020
State AL
Name ASHLAND HEIGHTS II
Address 460 3RD AVE N
Address 2
Address 3
City ASHLAND
Zip Code 362514768
Total Units 16
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit N
Borrower Profit Type Limited Profit
Management Name SOUTHERN DEVELOPMENT COMPANY, LL
1 Br 16
2 Br 0
3 Br 0
4 Br 0
5 Br 0
6 Br 0
Handicapped Units 0
Vacant Units 0
Rental Assistance Units 16
Year Restrictive Clause Expires 2005
Borrower Name SOUTHERN DEV CO OF ASHLAND NO 2 LTD
Borrower Type LTD PRTNRSHP
Borrower Name 2 SOUTHERN DEV CO OF
Borrower Address ASHLAND NO 2 LTD
Borrower Address 3 44 MARKET PLAZA
Borrower Address 4 SUITE 801
Borrower City State MONTGOMERY AL
Data As-of Date 6/30/2017
Fy Of Loan Obligation 1991
Interest Rate At Loan Closing % 11.375
Loan Amt $366,700.00
Balloon? FALSE
Remaining Term Days 28.56
Orig Loan Term 49.90
Prepay Eligible TRUE
Prepay Eligible Date Yr 1985
Loan Payoff Year 2020
Estimated Property Exit Year 2020
Project Number 10
Project Id 1
Project Check Digit 0
Latitude 33.276634
Longitude -85.837195
Borrower Id 925488779
Date Of Operation 4/5/1985
Tax Credit Expires NA
Property Key
State County Fips Code 1027