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M.H. LAND, LLC <br />1601 DOVE STREET -SUITE 145 <br />NEWPORT BEACH, CALIFORNIA 92660 <br />(949) 955-1191 <br />(949) 955-2980 FAX <br />November 6, 2012 <br />CERTIFIED MAIL, RETURN RECEIPT REQUESTED <br />Greenville Ranch, LLC <br />c/o Alice Callens <br />7636 Ellis Avenue <br />Fountain Valley, CA 92708-6631 <br />✓ MCG MacArthur Corner, LLC <br />c/o James Fuchs <br />1520 Nutmeg Place, Suite 250 <br />Costa Mesa, CA 92626 <br />Re: Ground Lease Dated April 1, 1976 Between Lloyds Bank <br />California, as Landlord, and Margaret Hills Land & Exploration Co., <br />Predecessor in Interest to M.H. Land, LLC, as Tenant, <br />Callens/Gisler Property, NW Corner of Bristol & MacArthur, Santa Ana, CA <br />Gentlemen: <br />In accordance with Article IV, Section 5 of the referenced lease, this letter will constitute notice <br />that M. H. Land, LLC (formerly Margaret Hills Land & Exploration Co.) exercises its options <br />for the second through the sixth extended term of ten (10) years each to commence with the <br />expiration of the current lease term, March 30, 2016. After such exercise, the lease term shall <br />expire on March 30, 2066. <br />Please contact the undersigned if you have questions or comments concerning this exercise of <br />Tenant's options. <br />Very truly yours, <br />M.H. LAND, LLC <br />By: /" a / <br />Thomas M. Linden, Co -Trustee of the <br />Tom & Karen Linden Family Trust <br />Established Oeto er ? 10 <br />f / i <br />By:-- <br />feffrey Pence, Trustee of the JSP Trust <br />u/d/t/ dated February 26, 2003 <br />cc: Neila R. Bernstein, Esq., Rutan & Tucker <br />Cheryl L. Brooks, V.P. Wells Fargo Bank <br />7 <br />Roger C. Porter, Co -Trustee of the <br />Porter Family Trust established <br />October 28 80 <br />17 <br />LLa iry T. Se th&Co-Trustee of the Smith <br />.,IV ng Trust dated July 15, 1982, <br />restated July 5, 1995 and July 16, 2007 <br />