ESTOPPEL RE LEASE 7330.PDF

Maricopa County — Formal (2019-02-13)

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L-7330
C-22-03-110-4-09
ESTOPPEL CERTIFICATE
United of Omaha Life Insurance Company,
a Nebraska corporation, its participants, successors and assigns
Attn: Portfolio Manager/Financial Analyst
Mutual of Omaha Plaza
Omaha, Nebraska 68175
Re: Lease (the “Lease”) dated February 19, 2003, and that Amendment to Lease dated
May 21, 2008, and that Second Amendment dated May 11, 2011, and that Third
Amendment dated February 26, 2014, and that Fourth Amendment dated February
25, 2015, and that Fifth Amendment dated March 9, 2016 and that Sixth
Amendment dated October 19, 2016, and that Seventh Amendment dated May 24,
2018 by and between BAR/JCR PHX Flex Investors, LLC, a Delaware Limited
Liability Company (including its predecessors and successors in interest, as
landlord (the “Landlord”), and Maricopa County, a political subdivision of the
State of Arizona as tenant (the “Tenant”), regarding portions of that certain real
property located at 2150 S. Country Club Drive, Suite 7, Mesa, Arizona 85210 (the
“Premises”)
Dear Sir or Madam:
Tenant hereby certifies the representations set forth in this Estoppel Certificate with respect to the
Lease are accurate and complete as of the date hereof, and understands and acknowledges that United of
Omaha Life Insurance Company, a Nebraska corporation (the “Lender”), will rely upon such
representations in connection with a proposed commercial mortgage loan to Landlord. Tenant understands
and acknowledges Landlord will assign Landlord’s interest in the Lease to Lender as security for making
such loan.
1. The terms of the Lease are as follows:
Commencement Date: June 1, 2003
Expiration Date: June 30, 2021
Square Footage: 10,623 sf
Current Monthly Base Rent: $16,377.13
Security or Other Deposit (if any): None.
Renewals or Options (if any): Tenant has right to terminate lease at the end of any fiscal year due
to non-appropriation of funds without penalty of liability to Lessee. Lessee’s county and state
fiscal years end June 30th, and federal fiscal year ends September 30th.
Subleases (if any): None
Uncompleted Tenant Improvements (if any): None.
Unpaid Tenant Allowances (if any): None.
Maricopa County- Head Start Page 1 [ESTOPPEL]
Omaha No.

2. The Lease is in full force and effect as modified and the modifications are listed above.
3. Tenant has accepted and currently occupies the Premises and neither (i) presently asserts any
Landlord default, nor (ii) knows of any fact that, with the giving of notice or the passage of time, or both,
could give rise to any such default, claim, or right.
4. Tenant has no right or option to purchase all or any part of the Premises.
IN WITNESS WHEREOF, the Tenant executes this Estoppel Certificate.
TENANT:
Maricopa County, a political subdivision of the
State of Arizona
______________________________________________
C. Michelle Colby, SR/WA Date
Director, Real Estate Department
APPROVED as to FORM:
______________________________________________
Deputy County Attorney Date
Maricopa County- Head Start Page 2 [ESTOPPEL]
Omaha No.