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City of Pleasanton <br /> Page 2 <br /> that Lender receive wntten notification from the City, concurrently with service thereon upon Borrower <br /> as "Developer" under the Development Agreement, of any notice of default or other determination of <br /> noncompliance under the Development Agreement <br /> Please be advised that Lender's notice address for all communications under or in connection <br /> with the Development Agreement is <br /> If to Lender With a copy of notices sent to Lender to <br /> THE PRUDENTIAL INSURANCE COMPANY THE PRUDENTIAL INSURANCE COMPANY <br /> OF AMERICA OF AMERICA <br /> do Prudential Asset Resources, Inc do Prudential Asset Resources,Inc <br /> 2100 Ross Avenue,Suite 2500 2100 Ross Avenue,Suite 2500 <br /> Dallas,Texas 75201 Dallas,Texas 75201 <br /> Attention Asset Management Department Attention Legal Department <br /> Reference Loan No 706110163 Reference Loan No 706110163 <br /> and and <br /> NEW YORK LIFE INSURANCE COMPANY NEW YORK LIFE INSURANCE COMPANY <br /> c/o New York Life Real Estate Investors 51 Madison Avenue <br /> 51 Madison Avenue New York, New York 10010-1603 <br /> New York,New York 10010-1603 Attention Office of the General Counsel <br /> Attention New York Life Real Investors Vice President—Real Estate <br /> Senior Director—Loan Administration Section <br /> Division Loan No 374-0753 <br /> Loan No 374-0753 <br /> [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] <br /> [SIGNATURES ON FOLLOWING PAGE] <br /> 2 <br /> Loan No PRU 706110163/NYL 374-0753 <br /> Stonendge Mall <br /> Nonce Letter to City of Pleasanton,CA <br /> 28163403v 2/028227-001530 <br />odified from time to time,the"Loan Agreement") frit 55— <br /> Ladies and Gentlemen ri)43 <br /> Reference is made to that certain Development Agreement dated as of November 5, 1992, and <br /> recorded in the Office of the Recorder of Alameda County, California(the "Official Records") on April <br /> 2, 1993, as Recording No 93-103418, as affected First Amendment to Development Agreement dated <br /> January 6, 1998 and recorded in the Official Records on February 5, 1998 as Instrument No 98048535, <br /> and as further affected by that certain Second Amendment to Development Agreement dated as of June <br /> 18, 2013 and recorded in the Official Records on September 5, 2013, as Instrument No 2013299219 (the <br /> foregoing instruments, as the same may be amended, restated, replaced, supplemented or otherwise <br /> modified from time to time, the "Development Agreement") Capitalized terms used herein without <br /> definition shall have the respective meanings given thereto in the Development Agreement <br /> As of the date hereof Borrower is the owner of the property located at One Stonendge Mall Road, <br /> 1008 Stoneridge Mall Road and 2521 Stonendge Mall Road, Pleasanton, Alameda County, California <br /> (the "Property") Lender is the current holder of a first prionty loan or loans made to Borrower, <br /> evidenced by the Notes and the Loan Agreement and secured by, among other things, the Security <br /> Instrument on the Property and is thus a "holder of a beneficial interest under a Mortgage" and a <br /> "Mortgagee" as such terms are used in the Development Agreement Accordingly, this notice is being <br /> delivered to the City of Pleasanton (the "City") by Lender pursuant to the terms of Section 14 3 of the <br /> Development Agreement to advise the City that Lender is entitled to the rights granted to a "holder of a <br /> beneficial interest under a Mortgage" and a "Mortgagee" under the Development Agreement Without <br /> limiting the foregoing, Lender hereby specifically requests, pursuant to the terms of said Section 14 3, <br /> Loan No PRU 706110163/NYL 374-0753 <br /> Stonendge Mall <br /> Notice Letter to the City of Pleasanton,CA <br /> 28163403v 2/028227-001530 <br />