EFTA00589029.pdf

CHECKLIST FOR LEASES AT AMERICAN YACHT HARBOR A. ASSIGNMENT AND ASSUMPTION SIGNATURES I. Assignor/Tenant Signature A K 2. Assignee Signature 3. Landlord, Assignor and Assignee Signatures to the Landlord Consent B. TENANT'S CERTIFICATE SIGNATURES A K I. Assignee Signature 2. Landlord Signature to the Tenant's Certificate BP K 3. Banco Popular de Puerto Rico - Lender Signature to the Tenant's Certificate C. TENANT ENTITY DOCUMENTATION A K I. Current Certificate of Good Standing A K 2. The name and address of the Agent for Service of Process A K 3. Certificate of Incumbency A K 4. Certificate of Corporate Stock Ownership A K 5. Certified Resolution authorizing signatory on Assignee's behalf to execute and deliver the Assignment and Assumption and related documents D. COLLATERAL DOCUMENTATION REQUIRED FROM TENANT EFTA00589029 A K I. Preliminary Plans for Tenant's Build Out A K 2. Preliminary Construction Budget and Schedule L K 3. Landlord's Approval of Preliminary Plans, Budget and Schedule A K 4. Construction Plans and Specifications A K 5. Insurance policies covering the premises (with paid receipts for current premiums) A SMP Insurance for Tenant Betterments naming Landlord and BP as additional insureds A Flood Insurance for Tenant Betterments naming Landlord and BP as additional insureds iii Automobile owned and non-owned A K iv. Comprehensive and Excess Liability Insurance naming Landlord, BP and Master Lessor as additional insureds A K 6. Signage A K 7. Landlord Approval of Signage A K 8. Security Deposit KEY Tenant — Financial Trust Co., Inc. A = Assignee — Southern Trust Company, Inc. L Landlord — IGY-AYH St. Thomas Holdings, LLC BP Lender — Banco Popular de Puerto Rico 2 EFTA00589030