<table><tr><th>From:</th><th>Kathy Ruemmler</th></tr><tr><td>Sent:</td><td>Thursday, April 26, 2018 12:39 AM</td></tr><tr><td>To:</td><td>jeevacation@gmail.com</td></tr><tr><td>Subject:</td><td>Apartment stuff</td></tr></table>

2d unit is now in contact. Sponsor is saying that closing will happen in Ju=y ("best guess"). Here are the basics:

Purchase price: $7,774,000
Contract signed: 4/4/17
Down payment paid: $774,000

Mortgage rate, based on $5,000,000 loan: 2.875%. locked through 5/31/18. Paid $68,000 to date for lock rate. $37,000 to be r=imbursed at closing by lender. Sponsor has agreed to reimburse up to max o= $37,500 for rate lock. Lender says that additional 90-day rate lock (from=5/31to 8/31) will be additional $37,000.

Sponsor has agreed that I can take possession of unit (either through closin= or rent-free lease) by 6/1/18, or I have right to cancel.

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