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MORTGAGEE'S CONSENT <br />This Mortgagee's Consent is executed by the undersigned Farmers and Merchants Bank <br />of Long Beach ("Lender") as the current beneficiary of record under that certain Deed of Trust <br />encumbering the Property dated November 1, 2020 and recorded November 19, 2020 as <br />Instrument No. 2020000671767 in the Official Records of Orange County, California (the "Deed <br />of Trust"). The Deed of Trust was assigned of record to the Lender by the California Enterprise <br />Development Authority pursuant to an Assignment Agreement dated November 1, 2020 and <br />recorded November 19, 2020 as Instrument No. 2020000671768 in the Official Records of <br />Orange County, California. The Lender has reviewed the foregoing Second Amended and <br />Restated Development Agreement (the "Second Amendment"), and hereby consents to the terms <br />and conditions of the Second Amendment. Capitalized terms used and not otherwise defined in <br />this Mortgagee's Consent shall have the meanings set forth in the Second Amendment. <br />FARMERS AND MER I_ANTS BANK <br />OF LON9-BE-ACH, a Califo nia corporation <br />and Title] <br />SMRH.4830-4678-6704.E Consent <br />