from Forest Vista Mobile Home Community LLC-utility easement

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CONSENT OF SECURITY AGREEMENT HOLDER TO RIGHT OF W A Y/ EASEMENT WHEREAS, US Bank National Association (as successor to State Street Bank and Trust Company), as trustee for the registered holders of Chase Manhattan Bank First Union National Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 1999-1 (hereinafter referred to as the "Lender") is the current holder of that certain Deed of Trust, Assignment of Rents and Security Agreement (hereinafter referred to as the "Security Agreement") from Forest Vista Mobile Home Community, LLC, a Texas limited liability company (hereinafter referred to as the "Borrower") dated June 14, 1999; and WHEREAS, Borrower, the current owner of the property secured by said Security Agreement, has granted certain easements as more particularly described in the City of La Porte Utility Easement recorded immediately prior hereto and to which this Consent of Security Agreement Holder to Right of Way/Easement is attached. iJ;i :ll!\; \, ' ~lj I!<r! NOW THEREFORE, in consideration of the sum of One ($1.00) Dollar in hand paid to Lender, the receipt and sufficiency of which is hereby acknowledged by Lender, Lender does hereby join in the easement interest conveyed by Borrower, for the purpose of consenting to the grant of said easements and for the further purpose of subordinating its security interest in said property to the same. The above- described Security Agreement now held by Lender shall otherwise remain in full force and effect, the subordination herein provided being limited in application to the right of way/easements herein conveyed. I ~<1 I,'~i I ~ Said subordination shall be binding upon the successors and assigns of Lender. 'II- ~"~ f"\ 1Ii~! [Signature on the following page] ~I ~li.'1lI i~ 9113009.1