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CERTIFICATION <br />(Construction, Easement, Restriction and Operating Agreement Estoppel) <br />At the request of Jenna Hotel Investments, LLC, a Delaware limited liability company ( "Jenna'), <br />in connection with certain real property located at 123 N. St. Joseph Street, South Bend, Indiana, <br />the South Bend Redevelopment Commission hereby certifies to Jenna, and LMREC III Holdings <br />111, Inc., a Delaware corporation ("Lender "), and their respective successors, assigns, title <br />companies and lenders, that (i) it has reviewed the foregoing Estoppel Certificate by PWA South <br />Bend, LP, a Pennsylvania limited partnership, and (ii) to the best of its knowledge, the statements <br />contained therein are true, correct and complete in all material respects. The South Bend <br />Redevelopment Commission shall comply with the paragraph above entitled "Notices" the same <br />as the "Undersigned Party" thereunder. Jenna and Lender may rely hereupon. <br />SOUTH BEND REDEVELOPMENT <br />COMMISSION, <br />as to itself and on behalf of the City of South Bend <br />Department of Redevelopment <br />By: _ <br />Its: _ <br />Date: <br />