EFTA00589029.pdf

CHECKLIST FOR LEASES AT AMERICAN YACHT HARBOR A. ASSIGNMENT AND ASSUMPTION SIGNATURES I. Assignor/Tenant Signature A ❑ 2. Assignee Signature 3. Landlord, Assignor and Assignee Signatures to the Landlord Consent B. TENANT'S CERTIFICATE SIGNATURES A ❑ I. Assignee Signature 2. Landlord Signature to the Tenant's Certificate BP ❑ 3. Banco Popular de Puerto Rico - Lender Signature to the Tenant's Certificate C. TENANT ENTITY DOCUMENTATION A ❑ I. Current Certificate of Good Standing A ❑ 2. The name and address of the Agent for Service of Process A ❑ 3. Certificate of Incumbency A ❑ 4. Certificate of Corporate Stock Ownership A ❑ 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 ❑ I. Preliminary Plans for Tenant's Build Out A ❑ 2. Preliminary Construction Budget and Schedule L ❑ 3. Landlord's Approval of Preliminary Plans, Budget and Schedule A ❑ 4. Construction Plans and Specifications A ❑ 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 ❑ iv. Comprehensive and Excess Liability Insurance naming Landlord, BP and Master Lessor as additional insureds A ❑ 6. Signage A ❑ 7. Landlord Approval of Signage A ❑ 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