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3. City is authorized to record this agreement and any amendments thereto with the Alameda County Recorder, California. All amendments hereto must be in writing and signed by the appropriate authorities of the City and Applicant. The Applicant will be charged the costs of recordation and agrees to pay sarne. Conditions run with the land and are binding to future owners of the property. 4. Applicant and Property Owner have read and fully understand all of the foregoing terms and conditions, and hereby agree that all said terms and conditions are as approved by the San Leandro Board of Zoning Adjustments in accordance with law, and hereby agrees to comply with all of said terms and conditions. IN WITNESS WHEREOF, duly executed by the parties as of the day and year below written. This CONDITIONAL USE PERMIT and SITE PLAN REVIEW must be exercised within ONE YEAR or it expires. (Acknowledgment) 100 HALCYON OWNER, LLC, a Delaware limited liability company,as Applicant and Property Owner By: PEPF 100 HALCYON REIT, LLC, a Delaware limited liability company, its managing member By: PRINCIPAL ENHANCED PROPERTY FUND, L.P., a Delaware limited partnership, its manager By: PRINCIPAL ENHANCED PROPERTY FUND GP, LLC, a Delaware limited liability company, its general partner By: PRINCIPAL REAL ESTATE INVESTORS, LLC, a Delaware limited liability company, its sole member By: Its: David Graves Sr.Development Manager Jeff D.Uittenbogaard Investment Director By: As,,AtManagey ent Nam - Its: Receipt of Executed Approval: I hereby certify that I am the Secretary to the Board of Zoning Adjustments of the City of San Leandro and in that capacity did receive this copy of PLN17-0003 Agreement to Conditions fully executed by all parties thereto, and that the effective date of this zoning approval granted herein is August 3,2017. Agreement to Conditions August 3,2017 PLN17-0003 Page 2 of 19