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Finalized: 7/22/2025 <br />October 23 , 2025 <br />TO: Michelle Pineda <br />Old Republic Title Company <br />275 Battery Street, Suite 1500 <br />San Francisco, CA 94111 <br />FROM: Alin Lancaster <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />RE: Escrow No: 0227031539 -MP <br />Escrow Officer: Michelle Pineda <br />Borrower(s): Martha Moreno, an unmarried woman and Adelina Moreno, an <br />unmarried woman <br />Property Address: 142 Center Street, Redwood City, CA 94061 <br />City of Redwood City Home Rehabilitation Loan <br />This letter constitutes the escrow instructions of the City, in connection with the <br />forgivable loan provided to the Borrower to fund the cost of the substantial home <br />rehabilitation and repair at the Property described above. <br />IMPORTANT <br />Borrowers cannot receive ANY cash back out of escrow. You will be held <br />financially liable should any funds be returned to Borrower. <br />The Property is subject to the following encumbrances: <br />A. JPMorgan Chase for $310,500 dated August 27, 2018 <br />2. With regards to the above escrow, the following documents will be <br />deposited into escrow: <br />A. Borrower will deposit: <br />1. Promissory Note secured by Deed of Trust in the amount <br />of $58,047 ("Promissory Note"), executed by the Borrower <br />2. Deed of Trust and Security Agreement with Assignment of <br />Rents ("Deed of Trust"), executed by the Borrower <br />