HomeMy WebLinkAboutFultonia West Cedar Heights Scattered Site LP Subordination Agmt 45 unit scattered site housing aparWHEN RECORDED MAIL TO:
U.S. Bank National Association
Community Lending
4747 Executive Drive
3'd Floor
San Diego, CA92l2l
Attention: Loan Administration Manager
(SPACE ABOVE FOR RECORDER'S USE)
SUBORDINATION AGREEMENT
(crTY oF FRESNO)
NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN CERTAIN INTERESTS IN
THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE
LIEN OF SOME OTHER OR LATER SECURITY INSTRUMENT.
THIS SUBORDINATION AGREEMENT ("Agreemenf') is made as of March
1r,2015, by and among FULTONTA WEST/CEDARHEIGHTS SCATTERED sITE, Lp, a
califomia limited partnership ("Borrower"), crrY oF FREsNo, a municipal corporation
("Juníor Líenholder"), and u.s. BANK NATTONAL AssocrarroN, a national banking
association (" B a nli').
RECITALS
A. Borrower owns and intends to conshuct a 45-unit scattered site affordable
housing apartment project at 541-545 N. Fulton Street and 4532 E. Hamilton Avenue, Fresno,
California (the "Proiecl") located on certain real property in Fresno County, California and more
particularly described on Exhibit A hereto (the"Property").
B. Borrower has applied to Bank for a loan (the"Loøn") in the aggregate maximum
principal amount of $6,103,779, for the purpose of financing a portion of the costs of the
acquisition and construction ofthe Project.
C. Borrower and Bank have entered into that Construction Loan Agreement dated as
of the date hereof (as the same from time to time be amended, modified, extended, renewed or
restated, the " Loa n Agreemenf').
D. Borrower's obligation to repay the Loan is further evidenced by a promissory note
dated as of even date herewith, executed by Bonower in the original principal amount of
56,103,7 7 9 (the " Note").
E. Junior Lienholder has agreed to make a loan ('funíor Loan") inthe principal
amount of $2,100,000 to Borrower in connection with the construction of the Projecì. Thè Junior
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Loan will be evidenced and/or secured by the following documents, instruments and agreements
(col lectiv ely, the " J u n io r O b líg at io n D o c u me nt s"):
l. That certain City of Fresno Restated and Superseding Home
Investment Partnerships Program Agreement dated as of June 27,2014, executed by and
between Junior Lienholder and Bonower, recording in the Offrcial Records of the County
of Fresno, State of California (the"Of/icial Records") substantially concurrently
herewith, which amends and restates in its entirety that certain City of Fresno HOME
Investment Partnership Program Agreement dated as of Septemb er 12,2013 and recorded
September 17,2013 as Instrument No. 2013-031455 (the "HOME Agreement");
2. That certain Promissory Note Secured by Deed of Trust dated as of
March 12,2015, executed by Borrower in favor of Junior Lienholder, in the face
principal amount of $2,100,000;
3. That certain Deed of Trust dated as of March 12,2015, executed
by Borrower in favor of Junior Lienholder, to be recorded in the Official Records
substantially concurrently herewith;
4. That certain Declaration of Restrictions dated as of March 12,
2015, executed by Bonower in favor of Junior Lienholder, being recorded in the Official
Records substantially concurrently herewith; and
5. Any UCC-I Financing Statement(s) naming Borrower, as Debtor,
and Junior Lienholder, as Secured Party.
F. As used herein, the term "Juníor Obligations" means the Junior Loan and all
other indebtedness, claims, debts, liabilities or other obligations from Borrower to Junior
Lienholder under the Junior Obligation Documents, together with all costs and expenses,
including attorneys' fees, of collection thereof, whether the same accrues or is incurred before or
after the commencement of any bankruptcy case by or against Borrower.
G. Borrower's obligations to Bank under the Note are secured by, among other
things, (i) that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement and
Fixture Filing ("Senior Deed of Trust"), dated as of even date with the Loan Agreement, made
by Borrower for the benefit of Bank and (ii) the Loan Documents described in the Loan
Agreement. The Senior Deed of Trust is being recorded substantially concurrently herewith in
the Official Records. The Senior Deed of Trust, the Note and the other Loan Documents (as
defined in the Loan Agreement) are hereinafter collectively refened to as the "senior Loan
Documenls".
H. As used herein, the term "Bønk Indehtedness" means any and all indebtedness,
claims, debts, liabilities or other obligations from Borrower to Bank under the Senior Loan
Documents, together with all interest accruing thereon and all costs and expenses, including
attorneys' fees, of collection thereof, whether the same accrues or is incurred before or after the
commencement of any bankruptcy case by or against Borrower.
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I. Pursuant to the Senior Deed of Trust and the other Senior Loan Documents,
Borrower is not entitled to further encumber the Property without the prior written consent of
Bank, which consent may be withheld in Bank's sole discretion.
J. It is a condition precedent to Bank to entering into the Senior Loan Documents
and permitting the recordation of any of the Junior Obligation Documents that the Senior Deed
of Trust and the other Senior Loan Documents be and remain at all times a lien or charge upon
the Property, prior and superior to the liens or charges of the Junior Obligation Documents.
K. Bank is willing to permit the recordation of the recordable Junior Obligation
Documents, provided that (1) the Senior Deed of Trust and the other Senior Loan Documents are
a lien or charge upon the Property prior and superior to the liens or charges of the Junior
Obligation Documents, and (2) Junior Lienholder will specifically subordinate the liens or
charges of the Junior Obligation Documents to the lien or charge of the Senior Loan Documents.
L. Junior Lienholder is willing that the Senior Loan Documents shall constitute a
lien or charge upon the Properly which is prior and superior to the liens or charges of the Junior
Obligation Documents. The parties hereto enter into this Agreement for the purposes set forth in
these Recitals.
M. Capitalized terms used herein and not otherwise defined shall have the meanings
set forth for them in the Loan Agreement.
AGREEMENT
NOW, THEREFORE, in consideration of the mutual benefits accruing to the
parties hereto and other valuable consideration, the receipt and sufficiency of which
consideration is hereby acknowledged, and in order to induce Bank to make the Loan, it is
hereby declared, understood, and agreed as follows:
1. Subordination. The Senior Deed of Trust in favor of Bank, and all amendments,
modifications, extensions and renewals thereof shall unconditionally be and remain at all times a
lien or charge on the Property prior and superior to the lien or charge of the Junior Obligation
Documents. Junior Lienholder intentionally and unconditionally subordinates the lien or charge
of the Junior Obligation Documents in favor of the lien or charge upon said land of the Senior
Deed of Trust in favor of Bank, and understands that in reliance upon and in consideration of this
subordination, specific loans and advances are being and will be made and, as part and parcel
thereof specific monetary and other obligations are being and will be entered into which would
not be made or entered into but for said reliance upon this subordination.
2. Only Aereement Regarding Subordination. Bank would not permit the
recordation of any Junior Obligation Documents without this Agreement. This Agreement shall
be the whole and only agreement with regard to the subordination of the lien or charge of the
Junior Obligation Documents to the lien or charge of the Senior Deed of Trust and shall
supersede and cancel, but only insofar as would affect the priority between said deeds of trust
and said covenants, conditions and restrictions, any prior agreements as to such subordination,
including, but not limited to, those provisions, if any, contained in the Junior Obligation
DW T 2597 4064v 4 O0 17 7 87 -00037 7
Documents which provide for the subordination of the lien or charge thereof to another deed or
deeds of trust or to another mortgage or mortgages.
3. Loan Disbursements. In making disbursements pursuant to any of the Senior
Loan Documents, Bank is under no obligation or duty to, nor has Bank represented that it will,
see to the application of such proceeds by the person or persons to whom Bank disburses such
proceeds, and any application or use ofsuch proceeds for purposes other than those provided for
in such Senior Loan Document(s) shall not defeat the subordination herein made in whole or in
part.
4. Consent and Approval. Junior Lienholder has received and consents to and
approves the Senior Loan Documents, including but not limited to any extension, modif,rcation
andlor amendment of said agreements, between Borrower and Bank. No decision by Junior
Lienholder to review or not review the Senior Loan Documents, including but not limited to the
disbursement provisions contained therein, shall impair or otherwise limit the enforceability of
this Agreement.
5. Other Agreements. Junior Lienholder and Borrower declare, agree, and
acknowledge that:
5.1 Subordination of Indebtedness. Any and all Junior Obligations are hereby
subordinated and subject to any and all Bank Indebtedness, as set forth herein.
5.2 Permitted Payments. Borrower may make payments under the Junior
Obligation Documents, if required, as long as all payments under the Senior Deed of Trust and
the other Senior Loan Documents are current and not delinquent or in arrears, and only so long
as at the time of such payment: (i) no Event of Default exists under the Loan Agreement and no
event exists which, with the lapse of time or the giving of notice or both, would be an Event of
Default under the Bank Indebtedness of which Junior Lienholder has received notice; and (ii) the
payment would not result in a violation of any of Borrower's financial covenants set forth in any
of the documents evidencing the Loan ("Permitled Payments").
5.3 Payment Subordination. Except for any Permitted Payments, (a) all of the
Bank Indebtedness now or hereafter existing shall be first paid in full by Borrower before any
payment shall be made by Borrower on the Junior Obligations, and (b) this priority of payment
shall apply at all times until all of the Bank Indebtedness has been repaid in full. In the event of
any assignment by Borrower for the benefit of Borrower's creditors, or any bankruptcy
proceedings instituted by or against Borrower, or the appointment of any receiver for Borrower
or Borrower's business or assets, or of any dissolution or other winding up of the affairs of
Borrower or of Borrower's business, and in all such cases respectively, Borrower's officers and
any assignee, trustee in bankruptcy, receiver and other person or persons in charge are hereby
directed to pay to Bank the full amount of the Bank Indebtedness before making any payments to
Junior Lienholder due under the Junior Obligations.
5.4 Return of Prohibited Pavments. Except as otherwise expressly agreed to
herein, if Junior Lienholder shall receive any payments or other rights in any property of
Borrower in connection with the Junior Obligations in violation ofthis Agreement, and if Bank
DW T 2597 4064v 4 O0l7 7 87 -00037 7
gives Junior Lienholder written notice of such improper payment prior to the end of the fiscal
year of Junior Lienholder during which Junior Lienholder received such improper payment, such
payment or property shall immediately be delivered and transferred to Bank by Junior
Lienholder.
5.5 Repayment of Bank Indebtedness. This Agreement shall remain in full
force and effect until all amounts due under the Note and the Loan Agreement are fully repaid in
accordance with its terms and all of the terms of this Agreement have been complied with.
5.6 Standstill. Junior Lienholder agrees that, if an event of default occurs
under the Junior Obligation Documents which would entitle Junior Lienholder to commence a
foreclosure proceeding under the Junior Obligation Documents, Junior Lienholder shall
nevertheless not commence foreclosure proceedings with respect to the Property, collect rents,
appoint (or seek the appointment of) a receiver or institute any other collection or enforcement
action during the initial I20-day period following the occurrence of such event of default.
6. Bank Agreements.
6.1 Bank agrees that it shall not complete a foreclosure sale of the Property or
record a deed-in-lieu of foreclosure with respect to the Property (each, a"Foreclosare Remedy")
unless Junior Lienholder has first been given thirty (30) days written notice of the Event(s) of
Default giving Bank the right to complete such Foreclosure Remedy, and unless Junior
Lienholder has failed, within such thirty (30) day period, to cure such Event(s) of Default;
ryjded, however, that Bank shall be entitled during such thirty (30) day period to continue to
pursue all of its rights and remedies under the Loan Documents, including, but not limited to,
acceleration ofthe Loan (subject to any de-acceleration provisions specifically set forth in the
Senior Loan Documents), commencement and pursuit of a judicial or non-judicial foreclosure
(but not completion of the foreclosure sale), appointment of a receiver, enforcement of any
guaranty (subject to any notice and cure provisions contained therein), andlor enforcement of any
other Senior Loan Document. In the event Bank has accelerated the Senior Loan and Junior
Lienholder cures all Events of Default giving rise to such acceleration within the thirfy (30) day
cure period described above, such cure shall have the effect ofde-accelerating the Loan;
provided, however, that such de-acceleration shall not waive or limit any of Bank's rights to
accelerate the Loan or exercise any other remedies under the Senior Loan Documents as to any
future or continuing Events of Default. It is the express intent of the parties hereunder that Bank
shall have the right to pursue all rights and remedies except completion of a Foreclosure Remedy
without liability to Junior Lienholder for failure to provide timely notice to Junior Lienholder
required hereunder, and that Bank's liability hereunder shall be expressly limited to actual and
consequential damages to Junior Lienholder directly caused by Bank's completion of a
Foreclosure Remedy without Junior Lienholder receiving the notice and opportunity to cure
described above. Bank shall give Junior Lienholder notice at the address set forth below or such
other address as Junior Lienholder may instruct Bank in writing from time to time:
DWT 2597 4064v 4 O0l7 7 87 -O0O37 7
City of Fresno
Development and Resource Management Department
Housing and Community Development Division
2600 Fresno Street
Room 3070
Fresno, California 93721-3605
6.2 Nothing contained in Section 6.1, above, shall constitute a waiver by
Junior Lienholder of its rights under Section 2924b or 2924c of the California Civil Code.
7. Bankruptcy Provisions. To the extent any payment under any Senior Loan
Document (whether by or on behalf of Borrower, as proceeds of security or enforcement of any
right of set-off, or otherwise) is declared to be fraudulent or preferential, set aside or required to
be paid to a trustee, receiver or other similar party under the Bankruptcy Code or any federal or
state bankruptcy, insolvency, receivership or similar law, then if such payment is recovered by,
or paid over to, such trustee, receiver or other similar party, the Senior Indebtedness or part
thereof originally intended to be satisfied shall be deemed to be reinstated and outstanding as if
such payment had not occurred.
8. Casualtv Insurance Proceeds: Condemnation Proceeds. In the event Bank shall
release, for the purposes of restoration of all or any part of the improvements, its right, title and
interest in and to the proceeds under policies of insurance thereon, and/or its right, title and
interest in and to any awards, or its right, title and interest in and to other compensation made for
any damages, losses or compensation for other rights by reason of a taking in eminent domain,
Junior Lienholder shall simultaneously release (and hereby agrees that it shall be irrevocably and
unconditionally deemed to have agreed to release) for such purpose all of Junior Lienholder's
right, title and interest, if any, in and to all such insurance proceeds, awards or compensation.
Junior Lienholder agrees that the balance of such proceeds remaining after such restoration, or
all of such proceeds in the event Bank elects, in accordance with California law, not to release
any such proceeds for any such restoration, shall be applied to the payment of amounts due under
the Senior Loan Documents until all such amounts have been paid in full, prior to being applied
to the payment of any amounts due under the Junior Obligation Documents. If Bank holds such
proceeds, awards or compensation and/or monitors the disbursement thereof, Junior Lienholder
agrees that Bank may also elect, in its sole and absolute discretion, to hold and monitor the
disbursement of such proceeds, awards and compensation to which Junior Lienholder is or may
be entitled. Nothing contained in this Agreement shall be deemed to require Bank, in any way
whatsoever, to act for or on behalf of Junior Lienholder or to hold or monitor any proceeds,
awards or compensation in trust for or on behalf of Junior Lienholder, and all or any of such
sums so held or monitored may be commingled with any funds of Bank.
9. Effect of Other Agreements. The relationship between Borrower and Bank under
the Senior Loan Documents is, and shall at all times remain, solely that of borrower and lender.
Based thereon, Junior Lienholder acknowledges and agrees that Bank neither undertakes nor
assumes any fiduciary responsibility or other responsibility or duty to Borrower or Junior
Lienholder to guarantee or assist in Borrower's or Junior Lienholder's performance under any of
the agreements between those parties and other third parties, including without limitation the
Junior Obligation Documents.
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10. Miscellaneous. This Agreement may be executed in multiple counterparts and the
signature page(s) and acknowledgment(s) assembled into one original document for recordation,
and the validity hereof shall not be impaired by reason of such execution in multiple
counterparts. This Agreement is to be govemed according to the laws of the State of California.
In the event of action, suit, proceeding or arbitration to enforce any term of this Agreement, the
prevailing party shall be entitled to recover from the non-prevailing party, as determined by the
court or arbitrator, all of the prevailing party's costs and expenses, including without limitation
attorneys' fees and expert witness fees, incurred by the prevailing parly in connection therewith.
If Junior Lienholder or any afhliate of Junior Lienholder shall acquire, by indemnification,
subrogation or otherwise, any lien, estate, right or other interest in the Property, that lien, estate,
right or other interest shall be subordinate to the Senior Deed of Trust and the other Senior Loan
Documents as provided herein, and Junior Lienholder hereby waives, on behalf of itself and such
affiliate, until all amounts owed under the Senior Loan Documents have been indefeasibly paid
in full and all Bank's obligations to extend credit under the Senior Loan Documents have
terminated, the right to exercise any and all such rights it may acquire by indemnification,
subrogation or otherwise. The Agreement shall inure to the benefit of, and the binding upon, the
parties hereto and the respective successors and assigns.
fS i gnature p age s þ I I owl
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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the date and year first above written.
JUNIOR LIENHOLDER:
CITY OF'F'RESNO
By:
Bruce Rudd
City Manager
Date:
ATTEST:
Yvonne Spence, CMC
City Clerk
By:
Date: .sl lt I ts
APPROVED AS TO FORM:
Douglas T. Sloan
'iåH)'^* 3 ø t5
[Signature Page to Subordination Agreement (City of Fresno)]
CALIFORNIA
ALL-PU RPOSE ACKNOWLEDGM ENT
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
STATE OF CALIFORNIA
COUNTY OF Fresno } S.S.
On March 12,2015 before me, Erica Gastaneda a Notary Public,
personally appeared ****Bruce Rudd****
who proved to me on the basis of satisfactory evidence to be the perso whose nameþ) islare subscribed to the within
his/ ature(s) on the instrument the person(e), or the entity upon behalf of which the personþ) acted, executed the
instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.
WITNESS my hand and official seal
Signature
Commisslon t 2000300
flotrry Public - C¡lllornl¡
FrrEno County
Comm. Exoir¡¡ lâl 22,2011
Description of document (optional)
BORROWER:
FULTONIA WEST/CEDAR HEIGHTS
SCATTERED S¡TE, LP,
a California limited partnership
By: Silvercrest, lnc.,
a California nonprofit public benefit
corporation,
its Managi
By:
By:
By
Fultonia WesVCedar Heights Scattered
Site AGP, LLC,
a California limited liability company,
its Administrative General Partner
Housing Authority of the City of
Fresno, California,
its Manag
By:
By:TFS lnvestments, LLC, a
California limited liability,
its member
By
Terrance Frazier
Member
Director
CEO/Executive Director
D'ù¡T 25 9 74064v2 00 17 7 87 -00037 7
[Signature Page to Subordination Agreement]
BORROWER:
FUTTONIA }VE ST/CEDAR HF' IGHTS
SCATTERED SITE, LP,
a Califomia limited partnership
By: Silvercrest,Inc.,
a California nonprofit public benefit
corporation,
its Managing General Pa¡ûrer
By:
Preston Prince
Director
By: Fultonia West/Cedar Heights Scattered
Site AGP, LLC,
a California limiæd liability company,
its Administrative General Parhrer
By' Housing Authority of the City of
Fresno, California,
its Manager
Preston Prince
CEOlExecutive Director
By:TFS Investments, LLC, a California
By:
[Signature Page to Subordination Agreement (City of Fresno)]
BAhIK:
Ti.S. BAI{K NATIQNAT A$SOCTATIOI{.
a national banking association
[Signature Page to Sgbotdinatìon A'greemcnt (Cþ offtesno[
CALIFORNIA
ALL.PURPOSE ACKNOWLEDGMENT
A notary public or other officer cornpleting this certificøte aerifes only the itlentity of the indiaiclual who signed the document to
zohich this certificate is nttached, ancl not the truthfulness, accuracy, or aalidity of that clocument.
State of California
County of FRESNO
On March 9.2015 , before me, MONIQUE M NARCISO, Notary Public, personally
appeared, Preston Prince , who proved to me on the basis of satisfactory
and that by his signatureþ) on the instrument the person('s), or the entity upon behalf of
which the person(*) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the
foregoing paragraph is true and correct.
WITNESS my hand and ofhcial seal.
(Notory Seol)
Description of the Attached Document (optionol)
Agreement with City of Fresno Regarding Fultonia West/Cedar Heights
Title or description of ottoched document
Number of Pages _15_ Document DaTe 3/9/15
(Ad d ¡t¡on q I I nformotion )
A.R.S. S 41-313(C) DTSCLOSTJRES
STATE OF ARIZONA
County of Maricopa
This notary certificate is attached to the Subordination Agreement (City of Fresno), dated
March 11, 2015, consisting of three pages, and was executed by the following: Terance Frazier,
Mernber of TFS Investments, LLC, a California limited liability company, the Mernber of
Fultonia WeslCedar Heights Scattered Site AGP, LLC, a California limited liability company,
the Administrative Ge,neral Pa¡tner of Fultonia WçslCedar Heights Scattered Site, LP, a
California limited partnership, for and on behalf of same.
æ
)
) ss.
)
LAUBA À. DETIIIIS
t{otary Publlc - Arlzon¡
Maricop¡ CountY
My Comm. Erplræ Nov 1,2018
.ACI(NOWLEÐGN4,ENT
A notary public ot'other officel completing this certificate velifies only
the identity of the individual rvho signed the docunrent to u,hich this
certificate is attached, and not the truthfulness, accurâcy, or valiclity of
that clociri¡ent.
State of Ca lifornia ¿&tclarneúùCotrnt¡r 6f
on tl)dreh ll ,zlIsbefor.e rne,¡on , a Notary
PLrblic in ancl fpr:sai{Stale, personally appealed
ftncJ{P P. lnc,fsse4
proved to me the basis of satisfactôry evidence to be the pet'son
suhsclibecl to the within instrLrment and acknowleclsed to rne th sarne. . ^. , ,",,2^r.inlz@þ€tl authorjzecl capacity (ierf, andtli^tay n;{r}lo..,gnuru,'e(s) on the rrstnn'nert
the pè-r'ún (d\, or tlre entity upon behalf of r,vhich tlre perÚñ (y)acted, execLrted the instrument.
signut,," &,h\Ø?&ryfu{-
urho
I certify urcler penally of perjury under the laws of the State of California that the foregoing
palaglaph is true and correct.
WITNESS rny lraud and official seal.
NolarY Public ' Caliiornia
Sacramonlo County
(sEAi,)
---:-¡,,
F r Àr¡Dê^ÀlUtIJUHAn E. L^lvruuu¡r
Commission # 2012984
EXHIBIT A
Legal Description
The land described herein is situated in the State of California, County of Fresno, City of Fresno,
and is described as follows:
PARCEL 1:
THE WEST I2O FEET OF LOT 1I, OF GORDONDALE, ACCORDING TO THE MAP
RECORDED IN BOOK 8 OF PLATS, PAGE 45, IN THE CITY OF FRESNO, COUNTY OF
FRESNO, STATE OF CALIFORNIA.
APN: 471-220-55-T
PARCEL 2:
THE NORTH I3-I/2 FEET OF LOT I O AND ALL OF LOTS II, 12, 13, 14, 15, 16, 1 7 AND 1 8
IN BLOCK 1 OF BLOOMINGTON ADDITION TO THE CITY OF FRESNO, ACCORDING
TO THE MAP TIIEREOF RECORDED IN BOOK 3, PAGE 6 OF RECORD OF SURVEYS,
FRESNO COUNTY RECORDS.
A NOTICE OF VOLUNTARY PARCEL MERGER, APPROVED BY THE CITY OF FRESNO
WAS RECORDED OCTOBER 15, 2013, DOCUMENT NO. 2OI3-0145I83, OFFICIAL
RECORDS.
OLD APNS: 452-274-05 AND 452-274-16 (NE!\D 452-274-17
PARCEL 3:
AN EASEMENT FOR UTILIZATION OF COMMON AREAS, EMERGENCY EGRESS,
PUBLIC UTILITIES AND INCIDENTAL PURPOSES AS SET FORTH IN THE DOCUMENT
ENTITLED '' USE AND EASEMENT AGREEMENT '' BY AND BETWEEN SOUTT{EAST
FRESNO RAD, LP AND FULTONIA WEST/CEDAR HEIGHTS SCATTERED SITE, LP,
RECORDED MARCH 2015, AS INSTRIIMENT NO. 2OI5-
RECORDS.
FRESNO COUNTY
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A-l