Mortgagee Protection Agreement and Estoppel Sample Contracts

MORTGAGEE PROTECTION AGREEMENT AND ESTOPPEL CERTIFICATE
Mortgagee Protection Agreement and Estoppel • May 9th, 2022 • California

, 20 (the “Effective Date”) by and among RIDA CHULA VISTA, LLC, a Delaware limited liability company (“Developer”), the CITY OF CHULA VISTA, a charter city of the State of California duly organized and existing under and by virtue of the Constitution and laws of the State of California (“City”), BAYFRONT PROJECT SPECIAL TAX FINANCING DISTRICT, a financing district established and existing pursuant to Chula Vista Municipal Code Chapter 3.61 Bayfront Project Special Tax Financing District Procedural Ordinance (the “Financing District”), the SAN DIEGO UNIFIED PORT DISTRICT, a public corporation (the “Port District”), the Chula Vista Bayfront Facilities Financing Authority (the “Authority” and also sometimes referred to herein as the “JEPA”; and, collectively with the City, the Financing District, and the Port District, the “Public Entities” or each separately, a “Public Entity”), a joint exercise of powers entity created by the City and the Port District pursuant to the Joint Exercise of

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