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Attention: Loan Administration Manager <br />SENIOR LENDER (After Conversion): <br />California Community Reinvestment Corp. <br />100 West Broadway, Suite 1000 <br />Glendale, California 91210 <br />Attention: President <br />With a copy to: <br />WCH Affordable XIX, LLC <br />151 Kalmus Drive, Suite J-5 <br />Costa Mesa, California 92626 <br />Attention: President <br />SUBORDINATE LENDER: <br />City of Santa Ana <br />Community Development Agency <br />20 Civic Center Plaza (M-26) <br />P.O. Box 1988 <br />Santa Ana, CA 92702 <br />Attention: Housing Manager <br />Either party may, by notice given pursuant to this Section, change the person or persons and/or <br />address or addresses, or designate an additional person or persons or an additional address or <br />addresses for its notices, but notice of a change of address shall only be effective upon receipt. <br />12. General. <br />(a) Assignment/Successors. This Agreement shall be binding upon the <br />Borrower, the Senior Lender and the Subordinate Lender and shall inure to the benefit of the <br />respective legal successors and assigns of the Senior Lender and the Subordinate Lender. <br />(b) No Partnership or Joint Venture. The Senior Lender's permission for the <br />placement of the Subordinate Loan Documents does not constitute the Senior Lender as a <br />joint venturer or partner of the Subordinate Lender. Neither party hereto shall hold itself out <br />as a partner, agent or Affiliate of the other party hereto. <br />(c) Senior Lender's and Subordinate Lender's Consent. Wherever the <br />Senior Lender's consent or approval is required by any provision of this Agreement, such <br />consent or approval may be granted or denied by the Senior Lender in its sole and absolute <br />discretion, unless otherwise expressly provided in this Agreement. Wherever the <br />Subordinate Lender's consent or approval is required by any provision of this Agreement, <br />such consent or approval may be granted or denied by the Subordinate Lender in its sole and <br />absolute discretion, unless otherwise expressly provided in this Agreement. <br />(d) Further Assurances. The Subordinate Lender, the Senior Lender and the <br />Borrower each agree, at the Borrower's expense, to execute and deliver all additional <br />LEGAL -US W # 90345775.4 <br />(Page -13) <br />55C-245 <br />