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11. 14 Counterparts. This Agreement may be executed in multiple counterparts, each of <br />which shall be an original and all of which together shall constitute one agreement. <br />11.15 Subordination. This Agreement is intended to be subordinate to that certain Deed <br />of Trust, Security Agreement and Fixture Filing (Breakage Fee) dated as of December 1, 2017, <br />executed by Owner for the benefit of the California Housing Finance Agency, a public <br />instrumentality and a political subdivision of the State of California, and recorded substantially <br />concurrently herewith. <br />SIGNATURES ON FOLLOWING PA GEM. <br />23 <br />OAK #4821-6084-0273 v5 <br />