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�� FIRSTAMERICAAt 11TLr_-�NSURANCE COMPANY <br /> • NATIONAI_COMM�RClAL SERVICES <br /> LOSANGELES OFFICE 2013-0809 99 <br /> AFTER RECORDATION RETIJRN TO: �0:2�am o5i3on3 A2 Fee:5s.00 <br /> Count of Pages 8 <br /> Recorded in Official Records <br /> Nossaman LLP County of san Mateo <br /> 18101 Von Karman Avenue, Suite 1800 Mark Church <br /> Irvine, CA 92612 Assessor-Count Clerk-Recorder <br /> Attention: Jeff A. Stava, Esq. I IIIIIIII II IIIII(IIII IIIII IIIII IIII)IIIII IIII IIII)IIIII IIII IIII <br /> r(_ * R 0 0 D 1 6 6 9 7 4 3 * <br /> ��,r <br /> THIS TRANSACTION IS EXEMPT FROM CALIFORNIA DOCUMENTARY TRANSFER <br /> TAX P <br /> 'I'A Y A T_TflAi !r(1Tliy � L V V V 1Y1L1 V 1 i.� LnL,tvir 1 rn�*�r T"r'�ViC1J11V lJ 2'L�L".S' <br /> Pi T�olcsrArri-i Ts-moavTTfli���7�4Z n�•rv� n n T T��r��.t*• r._oi zr�ni.r�iii�a ry.vaT.ia. <br /> L'�� l�S �lf'��J �`� Y�.�. <br /> �� <br /> ASSIGNMENT AGREEMENT <br /> For Value Received, the CITY OF REDWOOD CITY PUBLIC FINANCING <br /> AUTHORITY (the "Authority") without recourse does hereby sell, assign and transfer to <br /> COMPASS BANK, an Alabama banking corporation (the "Assignee"), and its successors and <br /> assigns, (i) all of its rights, title and interest in and to the Lease Agreement, dated as of May 1, <br /> 2013, a memorandum of which has been recorded concurrently herewith,between the Authority, <br /> as sublessor, and the City of Redwood City (the"City"), as sublessee (said Lease Agreement and <br /> any supplements, amendments, annexations, extensions or renewals thereof is referred to <br /> hereinafter as the "Lease Agreement"), as well as its rights to enforce payment of Lease <br /> Payments (as defined in the Lease Agreement) when due or otherwise to protect its interests and <br /> exercise all remedies in the event of a default or termination by the City under the Lease <br /> Agreement; provided that the Authority's rights to indemnification and payment or <br /> reimbursement for any costs or expenses thereunder have been retained by the Authority to the <br /> extent such rights accrue to the Authority and shall have been assigned to the Assignee to the <br /> extent such rights accrue to the Assignee, (ii) except for the Authority's obligation under Section <br /> 4 thereof, all of its rights, title and interest in and to the Site and Facility Lease, dated as of May <br /> 1, 2013, which has been recorded concurrently herewith, between the City, as lessor, and the <br /> Authority, as lessee (the "Site and Facility Lease"), and (iii) all moneys, sums and amounts now <br /> due or hereinafter to become due under the Lease Agreement. The Site and Facility Lease and <br /> the Lease Agreement delivered to the Assignee are duly executed duplicate originals that <br /> comprise the entire writing, obligation and agreement between the Authority and the City <br /> respecting the leases made thereunder and the lease payments made therefor. <br /> The AuthoriTy represents and warrants as follows: <br /> (1) it has made no prior sale or assignment of any interest in the Site and Facility <br /> Lease and the Lease Agreement; <br /> 338808_2.doc �C� � ��\Q A �— �\ <br /> � 1 � <br />