SR 05:210 - Laserfiche WebLink

ESTOPPEL CERTIFICATE Please refer to the documents (the "CCR Documents") described in Exhibit "A" hereto. The undersigned has been informed that WB Bemal LLC, a Delaware limited liability company ("Owner"), the owner of a portion of the mixed use development known as Koll Center Pleasanton, as more particularly described on Exhibit "B" (the "Property"), is under contract to sell the Property to WESTWOOD FINANCIAL CORP., or its designee ("Buyer"). The undersigned as a party to the CCR Documents and/or owner of an adjacent property to the Property covered by the CCR Documents, does hereby certify to Buyer, any potential lender of Buyer and their respective successors and assigns (the "Relying Parties"), that as of the date hereof: 1. The CCR Documents are in full force and effect and have not been supplemented, amended, modified or superseded since their original execution; and no other agreements or understandings exist between the undersigned and any party with respect to the Property which would in any manner have any effect upon and/or be binding upon the Relying Parties, or any of them. 2. To the actual knowledge of the undersigned, there are no uncured defaults under the CCR Documents on the part of the Owner or any other party to the CCR Documents and no events have occurred that, with the giving of notice or passage of time or both, would constitute a default by Owner thereunder. At the present time, to the actual knowledge of the undersigned, Owner has no claims against or disputes with the undersigned under the CCR Documents. All improvements on the Property have been completed in compliance with the CCR Documents, and Owner's current use, maintenance, architecture and operation complies with any use covenants, operating requirements or other covenants, conditions, restrictions or requirements contained in the CCR Documents. 3. All monetary obligations due under the CCR Documents to date, if any, have been fully and currently paid by the undersigned. To the actual knowledge of the undersigned all monetary obligations of Owner under the CCR Documents, if any, have been paid. 4. No controversy presently exists between the Owner and the undersigned, including any litigation or arbitration, concerning the Property, the CCR Documents or the performance of the terms thereof or any other matter. 5. This Certificate may be relied upon by the Relying Parties, and each of them.