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BORROWER: <br />Depot at Santiago, L.P., a <br />California limited partnership <br />By: OHDC Depot, LLC, a <br />California limited liability company <br />Its: Managing General Partner <br />By: Orange Housing Development Corporation, a <br />California nonprofit public benefit corporation <br />Its: Sole Member <br />By: <br />Eunice Bobert <br />Chief Executive Officer <br />By: C&C Depot, LLC, a <br />California limited liability company <br />Its: Administrative General Partner <br />By: C&C Development Co., LLC, a <br />California limited liability company <br />Its: Sole Member <br />By: <br />Todd R..Cottle, Trustee of the 2007 <br />Todd R. Cottle and Jennifer N. Cottle <br />Revocable Trust <br />Member <br />/ and <br />By: 1 <br />Bar . Cottle, Trustee of <br />The Cottle Family Trust Dated 3/8/1987 <br />Member <br />[Signatures must be acknowledged.] <br />[Signatures follow on page 7 of this Subordination Agreement. <br />The remainder of this page is intentionally left blank.] <br />AHSC Subord. Agrrnt. Page 7 of 10 <br />(NOFA— 01/30/15) <br />Rev: 11/08/2018 <br />Prep: 02105/2019 (City of Santa Ana Liens) <br />Dev: Depot at Santiago <br />Loan No.: 14-AHSC-10478 <br />25A-11 <br />