DEUTSHE BANK NATIONAL TRUST COMPANY AS TRUSTEE FOR HARBORVIEW MORTGAGE LOAN TRUST 2007-2

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INSURANCE NOT REQUIRED WORK MAY PROCEED A-2021-254 CLERK OF COUNCIL DAT5 SETTLEMENT AGREEMENT AND �6� ) /�M\ RELEASE OF ALL CLAIMS 0'. Goo eSe 1. J This Settlement Agreement and Release of All Claims (hereinafter "Agreement") is made and entered into by and between CITY OF SANTA ANA, a charter City and municipal D corporation (the "City" and/or "Petitioner"), and DEUTSCHE BANK NATIONAL TRUST Z COMPANY AS TRUSTEE FOR HARBORVIEW MORTGAGE LOAN TRUST 2007-2, a national banking association; GOLDEN STATE FINANCE AUTHORITY, a California Joint co Powers Authority; CALIFORNIA MUNICIPAL FINANCE AUTHORITY, a Joint Powers �v ro Authority; ARVEST CENTRAL MORTGAGE COMPANY, a mortgage servicer (hereinafter collectively referred to as "Respondents"). Petitioner and Respondents are also collectively referred to as "the Parties" herein or individually as a "Party." WITNESSETH: WHEREAS, the City is a city organized under the laws of the State of California, with a duty and interest in protecting the public health, safety, and welfare within the city; and WHEREAS, the Respondent Deutsche Bank National Trust Company as Trustee for Harborview Mortgage Loan Trust 2007-2 ("Property Owner" and/or "Respondent Deutsche Bank") is the current owner of property located at 2901 W. Lingan Lane, Santa Ana, California, identified as Assessor's Number 109-693-12 (the "Property"); and WHEREAS, Petitioner filed an action against Respondents, in the Superior Court of the State California, County of Orange, Central Justice Center District known as CITY OF SANTA ANA V. DEUTSCHE BANK NATIONAL TRUST COMPANY AS TRUSTEE FOR HARBORVIEW MORTGAGE LOAN TRUST 2007-2, et al., Case No. 30-2021-01233313-CU- PT-CJC (the "Action"). The City's Action in this petition includes a prayer for the Court to appoint a receiver to take possession and control of the Property pursuant to California Health &Safety section 17980.7(c) and bring the Property into compliance with the law, attorneys' fees and costs, and for other equitable relief against Respondents; and WHEREAS, Thien Phuong Pham, an individual ("Buyer"), intends to acquire the Property from the Property Owner, will assume all liabilities and claims associated with the Action and will bring the Property into compliance with State laws and City of Ana Municipal Codes; and WHEREAS, Buyer has agreed, by executing a Compliance Agreement (as defined in paragraph 2 below), to pay the City's staff time, reasonable attorney's fees, and abatement costs and make a charitable donation as a result of this Action; and WHEREAS, this Agreement is conditioned on the Buyer obtaining title to the Property and executing a Compliance Agreement (as defined below) with the City; and WHEREAS, the Parties desire to avoid the expense, inconvenience, and uncertainties of further litigation and, therefore, the Parties have agreed, with no admission of liability by any