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• <br /> 7� • RECORDING REQUESTED BY: + , ,r 4 , ,4 2010336107 11/16/2010 08:30 AM <br /> o <br /> NORTH AMERICAN TITLE COMPANY o ; , > ; OFFICIAL RECORDS OF ALAI EDA COUNTY <br /> P PATRICK O'CONNELL <br /> - Rule S ' // _ RECORDING FEE: 0.00 <br /> 3 At 94 <br /> C �4�ppP� 1 <br /> Recording requested by and II I 1.111 I IIII II III I II II II 7 PGs <br /> when recorded mail to: <br /> City of San Leandro - <br /> 8335 East 14 Street <br /> San Leandro, CA 94577 IJ •/ nl� <br /> Attention: Community Development Director V <br /> EXEMPT FROM RECORDING FEES PER <br /> GOVERNMENT CODE § §6103, 27383 Cd <br /> Space above this line for Recorders use. <br /> ASSIGNMENT AND ASSUMPTION OF PROJECT DOCUMENTS <br /> (Mission Bell Apartments) <br /> This Assigmnent and Assumption of Project Documents (this "Agreement ") is entered <br /> into effective as of Ju ne a 9 , 2010 (the "Effective Date ") by and among Allied <br /> Housing, Inc., formerly known as Alameda County Allied Housing Program, a California <br /> nonprofit public benefit corporation ( "Assignor "), Mission Bell Supportive Housing LLC, a <br /> California limited liability company ( "Assignee "), the Redevelopment Agency of the City of <br /> San Leandro, a public body, corporate and politic ( "Agency "), and the City of San Leandro, a <br /> public body, corporate and politic ( "City"). <br /> RECITALS <br /> A. Assignor is a party to that certain Owner Participation Agreement (the "OPA ") <br /> entered into by and between Assignor and the Agency, dated as of May 3, 2006, concerning the <br /> acquisition, rehabilitation and operation of an affordable housing project for low -, very low- and <br /> extremely low - income households fora period of not Tess than 55 years (the "Project "), located <br /> at 112 Garcia Avenue in San Leandro, California and more particularly described in the <br /> attached Exhibit A (the "Property"). <br /> 13. Assignor is also a party to that certain Amended and Restated Affordable <br /> Housing Regulatory Agreement and Declaration of Restrictive Covenants (the "Regulatory <br /> Agreement ") entered into by and between Assignor and the Agency, dated as of June 16, 2009 <br /> and recorded in the Official Records of Alameda County (the "Official Records ") on July 24, <br /> 2009 as instrument No. 2009238643. Capitalized terms not defined in this Agreement shall <br /> have the meaning ascribed to them in the OPA and Regulatory Agreement, as applicable. <br /> C. Assignor is also a party to that certain Loan Agreement (the "Agency' Loan <br /> Agreement ") entered into by and between Assignor and the Agency, dated as of May 3, 2006, <br /> pursuant to which Assignor executed that certain Promissory Note in the original principal <br /> amount of Five Hundred Thirty -Eight Thousand and Sixty -Seven Dollars ($538,067) (the <br /> "Agency Note "), dated as of April 26, 2006, and secured by that certain Deed of Trust dated as <br /> of April 26, 2006, and recorded in the Official Records on May 5, 2006, as Instrument No. <br /> 2006181159 (the "Agency Deed of Trust "). The Agency Loan Agreement, Agency Note and <br /> • <br />