RIDGE VIEW REFINANCING - Laserfiche WebLink

G. Subordination Agreement (Laundry Lease) by and between Web Services Company, Incorporated, Borrower and CHFA. - H. UCC -1 Financing Statement of Borrower to CHFA. Please verify that all of the above - referenced documents are fully completed, executed and if to be recorded, duly acknowledged. Please insert the closing date on all documents in the appropriate blanks. Also please verify that the correct descriptions of the subject property (in conformance with the pro forma title insurance policies described in paragraph 3 below) are attached to documents A, B, C, D, E, F, G and H listed above. You are authorized to close escrow in this transaction when all the following conditions are met: 1. You hold completed, executed and, if applicable, acknowledged documents A through H listed above. 2. You have collected amounts from Borrower for CHFA as set forth in Exhibit A attached hereto and incorporated herein by this reference. 3. You have obtained for CHFA a CLTA Endorsement 110.5, or North American Title Company is prepared to issue to CHFA a new ALTA Lender's policy in the amount of Eight Million Five Hundred Fifty -Two Thousand Five Hundred Eighteen and No /100 Dollars ($8,552,518.00) insuring that the CHFA Documents remain in a first lien position. All regular, special and supplemental property taxes and assessment district assessments must be paid current if due. 4. You have determined that there are no financing statements with respect to the property described in document H listed above, which will have priority over document H, or, if such exist, you shall procure either the termination or subordination of same prior to the closing of this escrow. 1011 UhA/ Cl % 10 11.241, s. 5. YOU HAVE RECEIVED WRITTEN CONFIRMATION FROM CHFA STAFF COUNSEL RICK OKIKAWA (916) 322 -1408, THAT ALL CONDITIONS TO BE HANDLED BETWEEN THE PARTIES OUTSIDE OF THIS ESCROW HAVE BEEN SATISFIED When the preceding conditions are satisfied, you are authorized and instructed to: 6. Record documents A, B, C, D, E, F AND G listed above IN THE SAME ORDER AS LISTED. You may record the City of Pleasanton's new deed of trust provided that it is subordinate to documents A through H listed above. 7. File document 1-1 listed above with the California Secretary of State. Obtain the termination or subordination of any prior financing statements. EI.RIDGEVIEW COMMONS 9/30/99. RKO. SAON344Z. emp -2-