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NOTICE. THIS SUBORDINATION AGREEMENT MAY RESULT iN YOtJ6.1.F. - Page 51 <br /> INTEREST NN THE PROPERTY BECOMlNG SUBJECT TO AND OF LOWER PRIORITY <br /> THAN THE LIEN OF SOME OTHER 4R LATER SECURITY INSTRUMENT. <br /> C�NSENT AND SUBORD�NATYON <br /> The undersigned, as Beneficiary urxder the following Deed of Tr�st: <br /> A deed of ti to secuxe an original indebtedness of $300,000.00 <br /> Recorded DECEMBER 29, 2410 <br /> INSTRUMENT NO. 2010-1 b2791, Official Records <br /> Dated, SEPTEMBER O1, 2010 <br /> Trustor: KENTFIELD PACIFIC PLACE, A CALIFORNIA LIMIT�D LIABILYTY C�MPANY <br /> Tr�stee: �'IRST AMERICAN TITLE GUARANTY COMPANY <br /> Beneficiary: PACrFIC PENINSULA LOAN FUND, L.P., A CALIFORNIA LIM�TED PARTNER�HrP <br /> hereby certify that said Beneficiary, being record hold�r(s} of a security interest in the real properly affected by the <br /> foregoing "Kentfaeld Pacific Place 1581 & 1617 K�nifield Avenue Redwood City, Califoznia Declaration of <br /> Covenants, Conditians and Reshictions", �ereby consents to the execution nf, and subordinates a11 the right, title, <br /> interest and lien which said Beneficiary naw l�as, to that of the foregoing Declaration, as if and as though said <br /> D�claration had been made, executed and recorded prio�• to the executian and the recordation af said Deed of T�•ust. <br /> Bene�ciary: <br /> PACIFIC PENINS A LOAN FUND, L,P,, A CALIF�RNIA LIMITED P�RTNERSHIP <br /> By: Pacific Peru s Ia Capital, LLC, a California limited liability cornpany, Its General Partner <br /> By; <br /> Print N rne: s �. <br /> Print �cer C pacity �-�� E,� <br /> B: <br /> rint ame: � ,. � �' �.�� L : _ �'v v� � tL.._... <br /> rint Officer Cap ity: ��. �,.�� �_�� �l�lc" � v�.�c'� �-... <br /> Dated: �� �.., 24 � <br /> (Notary acl�nowledgement required). <br />