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Inst 2009195594
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Inst 2009195594
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Last modified
7/17/2009 10:51:44 AM
Creation date
7/17/2009 10:51:43 AM
Metadata
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
4/1/2009
Recorded Document Type
Deed of Trust
Retention
PERM
Document Relationships
Inst 2007334383
(Amended)
Path:
\City Clerk\City Council\Recorded Documents\2007
Inst 2007334384
(Amended)
Path:
\City Clerk\City Council\Recorded Documents\2007
Inst 2007334385
(Amended)
Path:
\City Clerk\City Council\Recorded Documents\2007
Inst 2007334387
(Amended)
Path:
\City Clerk\City Council\Recorded Documents\2007
Inst 2009067181
(Amended)
Path:
\City Clerk\City Council\Recorded Documents\2009
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JUNIOR LIENHOLDER CONSENT AND SUBORDINATION <br />(County Documents) <br />The undersigned hereby consent to the recording of the "Second Amendment to <br />City and Agency Loan Documents (Estabrook Senior Housing)" dated for <br />reference purposes as of April 1, 2009, among the Redevelopment Agency of the <br />City of San Leandro, a public agency ("Agency"), the City of San Leandro, a <br />municipal corporation ("City") and Estabrook Senior Housing, L.P., a California <br />limited partnership ("Borrower") to which this Junior Lien Holder Consent and <br />Subordination is attached. <br />The undersigned agree that the following documents: <br />(i) Regulatory Agreement and Declaration of Restrictive Covenants recorded <br />March 6, 2009 as Instrument No. 2009067182 of the Official Records of <br />Alameda County Records; (ii) Deed of Trust With Assignment of Rents, <br />Security Agreement, and Fixture Filing recorded March 6, 2009 as Instrument <br />No. 2009067183 of the Official Records of Alameda County Records, and (iii) <br />Intercreditor Agreement recorded March 6, 2009 as Instrument No. <br />2009067184 of the Official Records of Alameda County Records; <br />are subordinate liens and shall remain subordinate liens to: <br />(a) That Owner Participation and Loan Agreement dated as of September 10, <br />2007, a Memorandum of which was recorded in the Official Records of <br />Alameda County on September 18, 2007 as Instrument No. 2007-334383; (b) <br />Affordable Housing Regulatory Agreement and Declaration of Restrictive <br />Covenants recorded on September 18, 2007, as Instrument No. 2007- <br />334384; (c) Deed of Trust recorded on September 18, 2007, as Instrument <br />No. 2007-3343$5; and (d) Deed of Trust recorded on September 18, 2007, <br />as Instrument No. 2007-334387, as each were amended by that Amendment <br />to City and Agency Documents recorded March 6, 2009 as Instrument No. <br />2009-067181 and as further amended by the "Second Amendment to City <br />and Agency Loan Documents (Estabrook Senior Housing)." <br />
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