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4. Lender has no security or other interest in the Property (as defined in the <br />Loan Documents) except as set forth by the Deed of Trust, Assignment of Rents, Security <br />Agreement & Fixture Filing (as defined in Exhibit A) for the RDA Loan. <br /> <br /> 5. Lender has not transferred, pledged or encumbered any of its interest in or <br />under the Loan Documents and is the sole present owner and holder of the RDA Loan. <br /> <br /> 6. Lender agrees to send to TA a copy of all notices of default sent to Borrower. <br />The address for such notices is as follows: <br /> <br /> Transamerica Occidental Life Insurance Company <br /> c/o Transamerica Realty Services, Inc. <br /> 600 Montgomery Street <br /> San Francisco, CA 94111 <br /> Attn: Colin H. Funai <br /> Facsimile No.: (415) 983-5558 <br /> <br /> With a copy to: <br /> <br /> Pillsbury Madison & Sutro LLP <br /> 725 S. Figueroa Street, Ste. 1200 <br /> Los Angeles, CA 90017 <br /> Attn: Dana P. Newman, Esq. <br /> Facsimile No.: (213) 629-1033 <br /> <br /> 7. The undersigned is authorized to make all of the above representations, <br />warranties and agreements on behalf of Lender. <br /> <br /> LENDER: <br /> <br /> REDEVELOPMENT AGENCY OF THE CITY <br /> OF REDWOOD CITY <br /> <br />21170605 March 11, 1998 <br /> <br /> <br />