815 N. HARBOR, L.P. (CORNERSTONE CCRC MORTAGEG FUND I., LLC / HOME INVESTMENT PARTNERSHIP PROGRAM FUNDS) 4-2017

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D. Borrower has requested an increase in the Cornerstone Purchase Price from Cornerstone and Cornerstone has agreed to such increase subject to modification of the Loan Documents in accordance with the terms of this Agreement. E. Bank, Cornerstone and Borrower wish to enter into this Agreement in order to amend the Loan Documents in order to increase the Cornerstone Purchase Price and modify certain of the other terms thereof in accordance with Cornerstone's requirements. NOW THEREFORE, in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Bank, Cornerstone and Borrower agree as follows: 1. Incorporation of Recitals. The foregoing Recitals are hereby incorporated into this Agreement by this reference. 2. Amendment of Bond Purchase Agreement. As among Cornerstone, Bank and Borrower, the terms, conditions and covenants of the Bond Purchase Agreement are hereby amended as follows: (a) Recital F. Recital F of the Bond Purchase Agreement is hereby deleted in its entirety and the following is substituted therefor: "F. Pursuant to the terms and conditions of this Agreement, upon satisfaction of the Conversion Conditions set forth in Article 3 and any other conditions herein, Cornerstone has agreed to purchase the Series A-1 Bonds in the principal amount of $11,332,000 or such lesser amount as required by the terms hereof and the Series A-2 Bonds in the principal amount of $659,300 or such lesser amount as required by the terms hereof. The terms and conditions of Cornerstone's purchase of the Bonds are set forth in this Agreement. Upon such purchase of the Bonds by Cornerstone (subject to the terms herein), the Bank Loan will, pursuant to its terms, convert into a term loan in an amount not to exceed Eleven Million Nine Hundred Ninety -One Thousand Three Hundred and No/100 Dollars ($11,991,300) (the "Permanent Loan"), with such Permanent Loan having two tranches (each a "Tranche"), one tranche in the amount of Eleven Million Three Hundred Thirty -Two Thousand and No/1001h Dollars ($11,332,000) (the "Series A-1 Tranche") and one tranche in the amount of Six Hundred Fifty -Nine Thousand Three Hundred and No/100" Dollars ($659,300) (the "Series A-2 Tranche", which Series A-2 Tranche represents the so-called "Section 8 Tranche'), and that certain Supplemental Agreement, dated as of even date herewith, by and between Borrower and CCRC (the "Supplemental Agreement"), shall automatically become effective and shall amend, modify and supplement the terms of the Loan Agreement. If Cornerstone does not purchase the Bonds from Bank for any reason whatsoever, the Bank Loan will become immediately due and payable. (b) Section 2.1(a). Section 2.1(a) of the Bond Purchase Agreement is hereby deleted in its entirety and the following is substituted therefor: "(a) Cornerstone Purchase Price. Provided that all of the Conversion Conditions set forth in Article 3 and Exhibit F of this Agreement are satisfied, Cornerstone shall purchase the Bonds at par, in the maximum principal amount of $11,991,300 (the "Cornerstone Purchase Price'), on the Conversion Date, subject to adjustment as provided in Section 2.1(b) below; provided, however, that at Conversion, the Loan shall not exceed seventy-five percent (75%) of Cornerstone's appraised decontrol value at stabilized occupancy. On or before the Conversion Date, Borrower shall have made all such payments of principal and interest on the Note (and caused the same to be applied to the redemption of the Bonds) such that the principal amount outstanding together with any accrued unpaid interest with respect to the Bonds and the Permanent Loan as of the Conversion Date does not exceed the Cornerstone Purchase Price."