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NOW, THEREFORE, in consideration of the above premises and of the mutual <br />covenants hereinafter contained and for other good and valuable consideration, the parties <br />hereto agree as follows: <br />SECTION 1. Amendment of the Ground Lease. <br />(a) The description of the Property contained in Exhibit A to the Ground Lease is hereby <br />amended by releasing and terminating from the Ground Lease all property described in Exhibit <br />A attached thereto. The resulting description of the Property shall be as described in Exhibit B <br />attached hereto which shall modify and replace in its entirety Exhibit A attached to the Ground <br />Lease. <br />(b) By virtue of such substitution, the City hereby leases to the Authority and the <br />Authority hereby leases from the City, the Property, as now described in Exhibit B attached <br />hereto. <br />SECTION 2. Ground Lease in Full Force and Effect. Except as amended by this Third <br />Modification to Ground Lease, the Ground Lease remains in full force and effect. <br />SECTION 3. Execution in Counterparts. This Third Modification to Ground Lease may <br />be executed in several counterparts, each of which shall be an original and all of which shall <br />constitute but one and the same instrument. <br />SECTION 4. Applicable Law. This Third Modification to Ground Lease shall be <br />governed by and construed in accordance with the laws of the State of California. <br />-2- <br />