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IN WITNESS WHEREOF, the parties hereto have executed this Subordination Agreement <br />as of the date first above written. <br />HEART: <br />HOUSING ENDOWMENT AND <br />REGIONAL TRUST OF SAN MATEO <br />COUNTY, a joint powers authority existing <br />under the laws of the State of California <br />SIGNED IN COUNTERPIA.R <br />Name: Armando F. Sanchez <br />Title: Executive Director <br />CITY: <br />CITY OF REDWOOD CITY, a California charter <br />city and municipal corporation <br />By' "i �- <br />Name: Melissa Stevenson Diaz <br />Title: City Manager <br />REV: 05-22-25 LF <br />BORROWER: <br />HEART -SV, a joint powers authority <br />existing under the laws of the State of <br />California <br />SIGNED IN COUNTERPAR-j- <br />Lb-fi <br />Name: Armando F. Sanchez <br />Title: Executive Director <br />See Attached <br />Certificate <br />ATTv/Ar'-D 'Wn'39 910/UMADT_Q\/ A— —+- Wr-ADT 1 W rP 4n PIAIM 11D.— G of M <br />