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is <br />Proposal for Real Estate Financing <br />Page4of7 <br />OTHER CONDITIONS: In order for Lessor to provide financing for this project, the <br />following conditions, at Lessee's expense, may be required <br />prior to closing: <br />(A) A satisfactory Environmental Audit Phase I. The expense for <br />such Phase I Environmental will be the expense of the Lessee. <br />(B) A certified survey by a registered land surveyor may be <br />required on this project. The survey will need to detail all <br />boundaries of the property thaf is subject to the Lease and <br />Sublease with dimensions, boundary descriptions, and <br />locations of streets, building lines, existing buildings or <br />improvements, right-of-ways, easements, encroachments, or <br />any aspect that may affect the property. <br />(C) Certification that the property is not located within any flood <br />hazard area. Certification that the property is and as <br />completed after any improvements, will be compliant with all <br />applicable zoning, environmental, safety and ADA <br />requirements. <br />(D) If applicable, subordination, non-disturbance and attornment <br />agreements and estoppel certificates from the tenant <br />associated with the Project <br />(E) A payment and performance bond in the amount of the project <br />will be posted by the General Contractor. Subject to <br />applicable State law, Lessor will be named as Loss Payee and <br />Additional Insured. <br />(F) Other documentation, information, reports, etc. the Lessor <br />may reasonably request... Lessee will also be responsible for a <br />$4,000.00 document processing and origination fee. <br />AUTHORIZED SIGNORS: The Lessee's counsel shall provide Lessor with its resolution or <br />ordinance authorizing the financing and shall designate the <br />individual(s) to execute all necessary documents. <br />AUTHORIZED SIGNORS: The Lessee's counsel shall provide Lessor with its resolution or <br />ordinance authorizing the financing end shall designate the <br />individual(s) to execute all necessary documents. <br />LEGAL OPINION: The Lessee's counsel shall furnish Lessor with an opinion <br />covering the validity and tax-exempt status of this transaction <br />-and the documents used herein. This opinion shall be in a <br />form and substance satisfactory to Lessor. <br />DOCUMENTATION: Lease documents will be prepared by Lessee's counsel and <br />subject to review by Lessor's counsel. Documents must <br />reasonably be acceptable to both parties. <br />CREDIT APPROVAL <br />DOCUMENTATION: The Lessee shall provide to Lessor three (3) years of current <br />financial statements, budgets, and demographics and such <br />other financial information relating to the ability of the Lessee <br />to pay its obligations under the Lease Purchase Agreement as <br />