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DEPOT AT SANTIAGO, LP
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Last modified
6/20/2018 1:19:56 PM
Creation date
6/19/2018 4:07:11 PM
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Contracts
Company Name
DEPOT AT SANTIAGO, LP
Contract #
A-2013-072-02
Agency
COMMUNITY DEVELOPMENT
Destruction Year
0
Notes
A-2013-072
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C. Capitalized terms used and not otherwise defined herein have the <br />meanings set forth for them in the Loan Agreement. <br />In consideration of the foregoing, and for other valuable consideration, the <br />receipt and sufficiency of which are hereby acknowledged, Trustor and Beneficiary <br />hereby agree as follows: <br />1. Amendments to Loan Agreement. <br />L1 Pursuant to Section 2.9, the Construction Loan Maturity Date <br />under the Loan Agreement is hereby extended from June 15, 2018 to <br />September 15, 2018. <br />1.2 The following new defined terms are hereby added to the <br />"Definitions" section of the Loan Agreement: <br />"Beneficial Ownership Certification" means a certification regarding beneficial <br />ownership required by the Beneficial Ownership Regulation, which certification <br />shall be substantially similar in form and substance to the form 'of Certification <br />Regarding Beneficial Owners of Legal Entity Customers published jointly, in <br />May 2018, by the Loan Syndications and Trading Association and Securities <br />Industry and Financial Markets Association. <br />"Beneficial Ownership Regulation" means 31 C.F.R. § 1010.230. <br />"PATRIOT Act" means USA Patriot Act (Title III of Pub. L. 107-56 (signed into <br />law October 26, 2001)). <br />1.3 Trustor acknowledges that there are no further extensions options <br />available to further extend the Construction Loan Maturity Date. <br />1.4 The following new section 4.38 is hereby added to the Loan <br />Agreement: <br />"Section 4.38 Promptly following any request therefor, Borrower shall <br />provide information and documentation reasonably requested by Lender for purposes of <br />compliance with applicable "know your customer" requirements under the PATRIOT <br />Act, the Beneficial Ownership Regulation or other applicable anti -money laundering <br />laws." <br />1.5 The following new Section 7.15 is hereby added to the Loan <br />Agreement: <br />"7.15 Beneficial Ownership Certification. The information included in <br />the Beneficial Ownership Certification is true and correct in all respects." <br />-2- <br />4838-5699-1071v.5 4900000-001785 <br />
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