EXHIBIT 4
<br />AMENDED AND RESTATED HOUSING SUCCESSOR AGENCY LOAN NOTE
<br />SECURED BY SUBORDINATED DEED OF TRUST
<br />TO THE HOSUING AUTHORITY OF THE CITY OF SANTA ANA, CALIFORNIA
<br />(805, 810, 815, 816, 825, 828, 835, and 904 S. Minnie Street, Santa Ana, California)
<br />$2,054,327
<br />1. Principal Amount of Loan
<br />September 17, 2019
<br />Santa Ana, California
<br />For value received, CORNERSTONE HOUSING PARTNERS LP, a California limited
<br />partnership ("Borrower") promises to pay to the order of THE HOUSING AUTHORITY OF
<br />THE CITY OF SANTA ANA, AS THE HOUSING SUCCESSOR AGENCY TO THE
<br />FORMER COMMUNITY REDEVELOPMENT AGENCY ("Agency"), at 20 Civic Center
<br />Plaza, 6a' Floor, Santa Ana, California 92701, or at such other place as the Agency may from
<br />time to time designate in writing, or to the assignee of the Agency, the principal sum of TWO
<br />MILLION, FIFTY-FOUR THOUSAND, THREE HUNDRED AND TWENTY-SEVEN
<br />DOLLARS ($2,054,327) or so much thereof as shall be disbursed hereunder, with five percent
<br />simple interest (5%) commencing on September 17, 2019.
<br />Agency and Wakeham-Grant Apartments, L.P., a California limited partnership
<br />("Original Borrower") previously entered into the Housing Successor Agency Loan Agreements
<br />(as defined in the Loan Agreement) , pertaining to the acquisition and rehabilitation of certain
<br />real property described in the Loan Agreement as the 'Property," located at 805, 810, 815, 816,
<br />825, 828, 835, and 904 S. Minnie Street, Santa Ana, California, commonly referred to as the
<br />Cornerstone Apartments, and the operation of the Property as affordable housing for very -low
<br />income households, and the Original Borrower previously entered into the Housing Successor
<br />Agency Loan Notes, in favor of the Community Redevelopment Agency of the City of Santa
<br />Ana ("CRA") (collectively, the "Original Notes") described in Exhibit A. The Original Notes
<br />referenced in the "Interest Secured" column in Exhibit A are hereby amended and restated in
<br />their entirety by this Note.
<br />In connection with the Original Borrower's Sale of the Property to Borrower, Original
<br />Borrower and Borrower desire to enter into that certain Assignment and Assumption Agreement
<br />(Housing Successor Agency Loan), dated as of the date hereof, by and between the Original
<br />Borrower and Borrower to effectuate the assignment of the Housing Successor Agency Loan
<br />Agreements to Borrower (the "Assignment"), and the Agency has consented to such Sale and
<br />Assignment.
<br />This Amended and Restated Housing Successor Agency Loan Note (this "Note") is made
<br />pursuant to, entitled to the benefits of and referred to as the Housing Successor Agency Loan
<br />Note in the Amended and Restated Loan Agreement ("Loan Agreement"); that certain
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