Loan No. [MIN No.] ------- Reason for requesting file: --------------------------
Loan No. 755155 (BEL AIR CENTER) ----------------------------------
Loan No. If only particular documents in the Mortgage File are requested, please specify which: Reason for requesting file (or portion thereof):
Loan No. 00-000000-0 / AFS No.: 0210690058 USActive 37187036.11 89908444.1
Loan No. 753974 (Seneca Meadows This loan is legal non-conforming with respect to parkixx. Corporate Center II) Lender has an insured Common Access and Parking Easement that provides a sufficient number of additional parking spaces to satisfy the current zoning code.
Loan No. 29 26 30 4 42 25 93 2 25 93 2 43 25 93 2 44 25 93 2 45 25 93 2 46 25 93 2 47 25 93 2 51 25 93 2 60 25 91 4 62 25 93 2 74 48 68 4 F 88 25 93 2 90 25 93 2 F 91 25 91 4 100 25 93 2 F 109 25 93 2 136 26 92 2 154 25 91 4 173 27 91 2 174 25 93 2 199 25 91 4 241 25 93 2 244 35 82 3 F Mortgage Administrative Mortgage Loan No. CostRate(28) Loan No. -------- --------------- --------- 29 2.075 29 42 7.075 42 2.075 43 2.075 43 44 2.075 44 45 2.075 45 46 2.075 46 47 2.075 47 51 2.075 51 60 2.075 60 62 5.075 62 74 2.075 74 88 2.075 88 90 2.075 90 91 2.075 91 100 2.075 100 109 2.075 109 136 2.075 136 154 7.075 154 173 2.075 173 174 2.075 174 199 7.075 199 241 9.075 241 244 2.075 244 EXHIBIT 2
Loan No. 755762 (The Kirby Shopping Center) Explanatiox -Xxe property is legal non-conforming with respect to the side setback and parking requirements. The current side setback requirement is 5 feet and the side setback is 4.2 feet, thus it encroaches by 0.8 feet. The property requires 37 parking spaces and there are 18 parking spaces (deficient 19 spaces). The property can be rebuilt to its current state so long as the damage does not exceed 51% of the replacement cost of the structure. The loan documents contain language requiring borrower to paydown the loan in the event of casualty to a 1.20x debt service coverage in the event the property cannot be rebuilt to its current state due to the zoning deficiencies noted above. Ordinance and Law coverage was obtained. The LTV for the property is 68.8%. Loan No. - 755812 (210 Adrian Road) Explanation -The proxxxxx has a legal non-conforming use with respect to parking, building setback lines and lot coverage. Zoning requires 86 spaces, and the property has 32 spaces (deficient 54 spaces). In addition, the current required front setback line is 25 feet and the property has a front setback of 3.4 feet. Lastly, current maximum lot coverage requirement is 50% and per the survey, the lot coverage is 95%. The property can be restored to its existing state subject to obtaining a use permit. Per conversations with the city planning department, a use permit would be issued if a casualty was not material. Borrower and Guarantor are personally liable for any loss or damage to Lender arising from the failure of the applicable zoning authority to permit the restoration of the Premises to the condition and use existing as of the closing date. Law and Ordinance coverage was obtained. Loan No. - 755848 (Market Pointe I) Explanation -The property is legal non-conforming with respect to parking. Zoning requires 558 spaces, and the property has 545 spaces (deficient 13 spaces). The property can be restored to its existing state as long as restoration is initiated (as evidenced by issuance of a building permit) within 1 year of the casualty. The LTV for the property is 46.7%. Loan No. - 755922 (Hampton Inn) Explanation - The property is non-conforming with respect to parking requirements. The property requires 130 parking spaces and there are 125 parking spaces (deficient 5 spaces). The loan documents contain language (i) requiring borrower to comply with all zoning requirements (including the removal of the direct access drive at the NE...
Loan No. 755935 (Hanover Village MHP) Explanation -The property is legal non-conforming with respect to use and front setback and parking requirements. The current use as a manufactured housing facility is a grandfathered (aka legal non-conforming) use as the property is zoned high density multi-family. The property has a rental house which encroaches into the current front setback by up to 16 feet. The property requires 204 parking spaces (2 spaces per mobile home lot) and there are 102 parking spaces (deficient 102 spaces). There is parking on the street in front of each lot, however these spaces can not be counted in the parking requirements. The property can be rebuilt to its current state so long as the property is deemed "repairable" (security includes 2 buildings, 100 concrete pads and streets) and reconstruction is commenced within 1 year of the date of the damage. The loan documents contain language requiring borrower to paydown the loan in the event of casualty to a 1.15x debt service coverage in the event the property cannot be rebuilt to its current state due to the zoning deficiencies noted above. Ordinance and Law coverage was obtained. Loan No. - 755960 (720 Paularino Avenue) Explanation -The property is legal non-conforming with respect to front setback, floor area ratio and parking requirements. The front setback requirement is 20 feet and the front setback is 19.89 feet, thus it encroaches by .11 feet. The floor area ratio requirement is 0.3 and the approximate floor area ratio is 0.6113 and thus it exceeds the requirement by 0.3113. The property requires 102 parking spaces and there are 77 parking spaces (deficient 25 spaces). The property can be rebuilt to its current state so long as the property reconstruction is commenced within 1 year of the date of the damage and carried to completion diligently and to the current floor area ratio (or less) so long as all other then-current code requirements are met (including building setback, lot coverage, building height, parking, open space and landscaping requirements). The loan is fully recourse to Borrower and Guarantor. Ordinance and Law coverage was obtained. The LTV for the property is 64.6%. Loan No. - 755965 (Sandalfoot Plaza)
Loan No. 755967 (20 Aquarium)
Loan No. Exception -------- ---------
