Common use of Redwood Mortgage Clause in Contracts

Redwood Mortgage. Redwood Mortgage is a licensed real estate broker incorporated in 1978 under the laws of the State of California, and is engaged primarily in the business of arranging and servicing mortgage loans. Redwood Mortgage will act as the loan broker and servicing agent in connection with Mortgage Investments, as it has done on behalf of several other limited partnerships formed by the General Partners (See "PRIOR PERFORMANCE SUMMARY"). Redwood Mortgage is a subsidiary of The Redwood Group, Ltd. The Redwood Group, Ltd. The Redwood Group, Ltd., a California corporation, is a diversified financial services company specializing in various aspects of the mortgage lending and investment business. Its various subsidiaries have arranged over $400,000,000 in loans secured in whole or in part by first, second and third deeds of trust. Its subsidiaries include Redwood Mortgage and A & B Financial Services, Inc. D. Rxxxxxx Xxxxxxx, one of the General Partners, is the majority shareholder of The Redwood Group, Ltd. Txxxxxxx X. Xxxxxxx. Txxxxxxx X. Xxxxxxx, age 47, Director and Vice President of Redwood Home Loan Co. (1980-present); licensed real estate broker (1979-present); Assistant Vice President, Western Title Insurance Co. (1977-1980); Business Development representative, Transamerica Title Insurance Co. (1976-1977). SELECTED OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT No person or entity owns beneficially more than five percent (5%) of the ownership interest in the Partnership. The following tables sets forth the beneficial ownership interests in the Partnership as of June 30, 1996, by (i) each General Partner of the Partnership and (ii) all General Partners as a group. Amount of Beneficial Percent Title of Class Name and Address Ownership of Class Units Gymno Corporation, $12,578 1/10 of 1% 600 Xx Xxxxxx Xxxx, Xxxxx X, Xxxxxxx Xxxx, Xxxxxxxxxx 94063(1)

Redwood Mortgage. Redwood Mortgage is a licensed real estate broker incorporated in 1978 under the laws of the State of California, and is engaged primarily in the business of arranging and servicing mortgage loans. Redwood Mortgage will act as the loan broker and servicing agent in connection with Mortgage Investments, as it has done on behalf of several other limited partnerships formed by the General Partners (See "PRIOR PERFORMANCE SUMMARY"). Redwood Mortgage is a subsidiary of The Redwood Group, Ltd. The Redwood Group, Ltd. The Redwood Group, Ltd., a California corporation, is a diversified financial services company specializing in various aspects of the mortgage lending and investment business. Its various subsidiaries have arranged over $400,000,000 in loans secured in whole or in part by first, second and third deeds of trust. Its subsidiaries include Redwood Mortgage and A & B Financial Services, Inc. D. Rxxxxxx Xxxxxxx Xxxxxxx, one of the General Partners, is the majority shareholder of The Redwood Group, Ltd. Txxxxxxx Xxxxxxxx X. Xxxxxxx. Txxxxxxx Xxxxxxxx X. Xxxxxxx, age 47, Director and Vice President of Redwood Home Loan Co. (1980-present); licensed real estate broker (1979-present); Assistant Vice President, Western Title Insurance Co. (1977-1980); Business Development representative, Transamerica Title Insurance Co. (1976-1977). SELECTED OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT No person or entity owns beneficially more than five percent (5%) of the ownership interest in the Partnership. The following tables sets forth the beneficial ownership interests in the Partnership as of June 30, 1996, by (i) each General Partner of the Partnership and (ii) all General Partners as a group. Amount of Beneficial Percent Title of Class Name and Address Ownership of Class Units Gymno Corporation, $12,578 1/10 of 1% 600 000 Xx Xxxxxx Xxxx, Xxxxx X, Xxxxxxx Xxxx, Xxxxxxxxxx 94063(1)) D. Xxxxxxx Xxxxxxx, $0 0% 000 Xx Xxxxxx Xxxx, Xxxxx X, Xxxxxxx Xxxx, Xxxxxxxxxx 00000 Xxxxxxx X. Xxxxxxx, $0 0% 000 Xx Xxxxxx Xxxx, Xxxxx X, Xxxxxxx Xxxx, Xxxxxxxxxx 00000 All General Partners $12,578 1/10 of 1% as a group