15. Mortgages Payable and Other Secured Financing

The following represents the Partnerships’ Mortgages payable and other secured financing, net of deferred financing costs, at June 30, 2018 and December 31, 2017:

MF Property Mortgage Payables	Outstanding Mortgage Payable at June 30, 2018, net		Year Acquired or Refinanced	Stated Maturity	Variable / Fixed	Reset Frequency	Variable Based Rate				Facility Fees	Period End Rate
The 50/50 MF Property--TIF Loan	$	3,227,661	2014	December 2019	Fixed	N/A	N/A				N/A		4.65	%
The 50/50 MF Property--Mortgage		24,512,791	2013	March 2020	Variable	Monthly		4.75	%	⁽¹⁾	N/A		4.75	%
Jade Park		7,472,337	2016	October 2021	Fixed	N/A	N/A				N/A		3.85	%
Total Mortgage Payable\Weighted Average Period End Rate	$	35,212,789											4.55	%

⁽¹⁾	Variable rate is based on the Wall Street Journal Prime Rate

MF Property Mortgage Payables	Outstanding Mortgage Payable at December 31, 2017, net		Year Acquired or Refinanced	Stated Maturity	Variable / Fixed	Reset Frequency	Variable Based Rate				Facility Fees	Period End Rate
The 50/50 MF Property--TIF Loan	$	3,358,370	2014	December 2019	Fixed	N/A	N/A				N/A		4.65	%
The 50/50 MF Property--Mortgage		24,713,256	2013	March 2020	Variable	Monthly		4.25	%	⁽²⁾	N/A		4.25	%
Jade Park		7,468,548	2016	October 2021	Fixed	N/A	N/A				N/A		3.85	%
Total Mortgage Payable\Weighted Average Period End Rate	$	35,540,174											4.21	%

⁽²⁾	Variable rate is based on the Wall Street Journal Prime Rate

Future Maturities

The Partnership’s contractual maturities of borrowings for the twelve-month periods ending December 31^st for the next five years and thereafter are as follows:

Remainder of 2018	$	389,007
2019		3,917,772
2020		24,221,375
2021		6,858,994
2022		-
Thereafter		-
Total		35,387,148
Deferred financing costs		(174,359	)
Total mortgages payable and other secured financings, net	$	35,212,789