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6B(1)&(2)
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02-27-14 Redevelopment Commission Meeting
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6B(1)&(2)
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11/6/2014 1:03:43 PM
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which, given notice, the passage of time or both, would constitute a breach or default by <br />Undersigned Party under the Easement. <br />1. As of the date of this Estoppel, Undersigned Party has no actual notice of (without <br />inquiry or investigation of any nature whatsoever), (a) Jenna's breach or default under the <br />Easement, or (b) any event which may have occurred which, given notice, the passage of time <br />or both, would constitute a breach or default by Jenna under the Easement. <br />J. The individual executing this certificate on behalf of the undersigned entity is the <br />authorized signatory of such entity, and as such has lull power and authority to bind such entity. <br />K. The Easement has not been amended (other than by amendments included above <br />within the definition thereof) and remains in full force and effect. <br />L. The Conmton Facilities Management Agreement dated as of November 1, 1981 <br />referred to in paragraph 3 of the Second Amendment has been terminated and any amendments <br />made to the Easement therein or in any exhibit thereto are of no further effect (unless and <br />except to the extent expressly included in the Third Amendment or the Fourth Amendment). <br />M. No amounts are owing by Jenna to the Undersigned Party or to the Manager (as <br />defined in the Easement) under Section 4(e)(i) of the Easement. <br />N. To the actual present knowledge of the Undersigned Patty, no complaint has been <br />filed against Jenna by any other party to the Easement on account of any failure or alleged <br />failure of Jenna to perform any of its obligations imposed under the Easement. <br />O. The Undersigned Party has been informed that Lender is making a mortgage loan <br />in the original principal amount of 512,000,000 to Jenna and such mortgage loan shall he <br />secured by a mortgage upon the Property (as such mortgage may hereafter be amended, <br />restated, modified and supplemented from time to time, the " LMREC Morteaee "). <br />P. Upon the recordation of the LMREC Mortgage with the Recorder, the LMREC <br />Mortgage shall be a First Mortgage within the meaning of and for all purposes under the <br />Easement. <br />Notices. The Undersigned Party shall provide to Lender, simultaneously with its <br />provision to Jenna, a copy of any notice of any default, breach, failure, violation or termination <br />of the Easement, and no notice of default, breach, failure, violation or termination or the <br />Easement shall be effective against Lender unless such notice is given in writing to Lender at the <br />following address or such other address as Lender may designate from time to time in a written <br />notice to the Undersigned Party: <br />k <br />
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