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I <br />(d) Loan Payment Option. If the Customer has selected the Loan Payment Option, that Service will operate the same as the payment <br />portion of the Loan Borrowing and Payment Option described above. <br />(e) Fed Funds Borrowing Option. If the Customer, is eligible for, has selected the Fed Funds Borrowing Option, and has a Credit <br />Facility in place for Fed Funds, then that Loan Sweep will operate in the same manner as other Loan Sweeps described in Section <br />14(b) and 14(c). <br />(f) Required FDIC Disclosures. In the event of a failure of the Bank, funds swept as part of the Loan Payment Option sweep, as <br />reflected on the Bank's end -of -day ledger balance, would not be considered deposits by the FDIC, but such swept funds would <br />reduce the loan balance owed by the Customer to the receivership estate of the Bank. <br />(g) Multiple DDAs. The Customer may link multiple DDAs (held by the same legal entity), up to a maximum determined by the Bank, to <br />sweep to a single Credit Facility, provided, however that all such DDAs are maintained in the same state. In the event of multiple <br />DDAs, the Bank will post individual debits or credits to the respective DDAS, and wilt post the net advance or payment to the Credit <br />Facility. <br />Agreed to: <br />CITY OF SANTA ANA <br />(Gusto r) <br />By - <br />(Signature) <br />Name: Francisco Gutierrez <br />Title Executive Director /n/ <br />( ignatu re) <br />Name: <br />Title: <br />APPROVED AS TO FOR1Vi <br />Laura Stitt Sheedy <br />"t�ssistant City Attorne }+ <br />Agreed to: <br />JPMORGAN CHASE BANK, N.A. <br />By <br />(Signature) <br />Name: Manish Patet <br />Title: Vice President <br />Date: 1 1 /19/201 O <br />PN: 363374 DOC7D: SC /7v OF saNra aNat -Nov. �s, 2o�oPage I4 of 25 <br />