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IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first <br />written above. <br />COUNTY OF SAN MATEO, <br />a political subdivision of the State of California <br />By: <br />Ken Cole, Director <br />CITY OF REDWOOD CITY, a charter city and municipal <br />corporation of the State of California <br />Signed in counterpart <br />By: <br />Melissa Stevenson Diaz, City Manager <br />BORROWER: <br />HIP Housing Development Corporation, <br />a California nonprofit public benefit corporation <br />Its: <br />Kate Comfort Harr <br />ATIY/AGR/2017.143/1512 STAFFORD —I NTERCREDITOR AGREEMENT <br />REV: 06-21-1715 <br />Page 5 of 6 <br />