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Purchase Agreement
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Seaport Centre Owner's Association - Purchase Agreement
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Purchase Agreement
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Last modified
11/18/2025 4:05:57 PM
Creation date
11/18/2025 4:00:50 PM
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Agreement
Contractor Name
HCP LS Redwood City, LLC Metropolitan Life Insurance Company Seaport Centre Owner's Association
RMP File Number
304
Date
10/23/2025
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Schedule A <br />Due <br />Date <br />Principal <br />Installment, <br />Interest <br />Installment2 <br />Total <br />Payment3 <br />9/1/2026 <br />$409,554.65 <br />$960,977.74 <br />$1,370,532.39 <br />9/1/2027 <br />$448,462.32 <br />TBD <br />TBD <br />9/1/2028 <br />$491,066.24 <br />TBD <br />TBD <br />9/1/2029 <br />$537,717.54 <br />TBD <br />TBD <br />9/1/2030 <br />$588,800.70 <br />TBD <br />TBD <br />9/1/2031 <br />$644,736.77 <br />TBD <br />TBD <br />9/1/2032 <br />$705,986.76 <br />TBD <br />TBD <br />9/1/2033 <br />$773,055.51 <br />TBD <br />TBD <br />9/1/2034 <br />$846,495.78 <br />TBD <br />TBD <br />9/1/2035 <br />$926,912.88 <br />TBD <br />TBD <br />9/1/2036 <br />$1,014,969.60 <br />TBD <br />TBD <br />9/1/2037 <br />$1,111,391.71 <br />TBD <br />TBD <br />9/1/2038 <br />$1,216,973.93 <br />TBD <br />TBD <br />9/1/2039 <br />$1,332,586.45 <br />TBD <br />TBD <br />9/1/2040 <br />$1,459,182.16 <br />TBD <br />TBD <br />$12,507,893.00 <br />TBD <br />TBD <br />1 The Principal Installments are fixed, subject to reduction only in the event a Fully Taxable <br />Parcel prepays its Facilities Special Tax in accordance with Section 7 of the Rate and Method of <br />Apportionment of Special Taxes ("Rate and Method"). <br />2 The Interest Installments for each Fiscal Year shown above will be based on an interest rate that <br />will be calculated for each Fiscal Year as described in Section 5 of the Rate and Method and <br />Section 1.3 of the Purchase and Sale Agreement, and, as a result, the Interest Installment for each <br />Fiscal Year is not known at this time and will be different each year. <br />3 The total Installment Payment for each Fiscal Year will vary based on the amount of the <br />Interest Installment for such Fiscal Year as described in Footnote 2, as well as any reduction in <br />the Principal Installments as described in Footnote 1. <br />4934-9270-1038 v3 <br />2025.276- SEAPORT PURCHASE AGREEMENT <br />REV: 10-15-25 VR <br />
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