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7- Rewilding Requeste,,.. ´┐Ży <br />First American Title <br />City Manager's Office <br />City of Newport Beach <br />P.O. Box 1768 <br />Newport Beach, CA 92658-8915 <br />Recording Requested By: <br />Zang Recording Services on <br />Behalf of: ZANG <br />This D®cument -as electronically recorded by <br />Zang 1,. -cording Services GG <br />rded in Official Records, Orange County <br />Daly, Clerk -Recorder <br />IIIIIIIIIIIIIIIIIIIIIIIIII1111IIIIIIIIIII IIIIIIIIIIII 36.00 <br />2011000016781 08:00am 01/11/11 <br />6 5 404 Al2 C34 9 <br />0 00 0.00 0.00 0.00 24.00 0.00 0.00 0.00 <br />THIS SPACE FOR RECORDER'S USE ONLY <br />LESSOR'S CONSENT AND AGREEMENT <br />Recitals <br />Loan No: 1915431181 <br />Borrower, referred to in this Agreement as "Lessee" and as more <br />particularly described in Exhibit A, has applied for a loan from Union Bank, N.A. <br />("Lender) to be secured by leased property, as such property is more particularly <br />described in Exhibit A ("Property"). Lessee currently holds or will acquire upon <br />consummation of the pending transaction, a leasehold interest under the lease <br />described in Exhibit A ("Lease") in which the undersigned (City of Newport) is the <br />lessor. <br />Agreement <br />The information on Exhibit A is incorporated herein by reference. <br />2. The property is subject to the Lease described in Exhibit A. The <br />lease documents described in Exhibit A constitute the entire agreement of <br />Lessee and Lessor regarding the Property. The lease is in full force and effect <br />and unmodified. All rents and other charges due have been paid, there are no <br />other defaults and the Lease is in good standing. Lessor has no knowledge of <br />any facts which now or after the passage of time or the giving notice, or both, <br />would constitute a default under the Lease. The payments required under the <br />Lease are set forth in Exhibit A. Payments and notices to Lessor are deliverable <br />as set forth in Exhibit A. Lessor has no claims outstanding against Lessee in <br />connection with the Property. <br />3. Lessor consents to the granting of a security interest in Lessee's <br />interest in the lease to Lender. Lessor agrees to send concurrently to Lender <br />copies of any notices sent to Lessee pertaining to Lessee's default or Lessor's <br />intent to terminate the Lease or any part thereof by certified U.S. mail. No <br />