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Case 25-23251-MEH Doc18-10 Filed 12/22/25 Entered 12/22/25 20:08:18 Desc
Exhibit | Page 9 of 12
where and when required, and conducting a non-judicial foreclosure sale of the Property on any
statutorily authorized date, all in accordance with the Loan Documents and applicable statutes.
9, The Receiver shall maintain accurate accounting and other records of its activities
in connection herewith and shall file reports detailing the results from operations of the Property
as may be subsequently ordered by the Court, with copies of same to be provided to Borrower.
10. In addition to any financial, operating, and other reports and information required
to be delivered pursuant to the Loan Documents, Receiver shall deliver to Lender and file in the
record of the above-captioned case (with a copy to Borrower), no later than the twentieth (20th)
day of each calendar month, beginning the month following appointment of the Receiver, each of
the following with respect to the immediately preceding calendar month, certified by Receiver as
true, correct, and complete:
(a) if there is occupancy, a balance sheet, statement of income and
expenses, statement of cash flows for the Property;
(b) for space leases, if any, a detailed rent roll for the Property showing
the occupancy of the Property, name of each tenant and, for each
tenant, the space occupied, the lease commencement and expiration
dates, the rent payable, the rent paid to date and the security deposit
being held for such tenant, and a leasing activity report for the
Property in detail reasonably satisfactory to Lender;
(c) if there is occupancy, an aged payables report and an aged
receivables report for the Property;
(d) acapital expenditure report for the Property; and
(e) all bank statements, if any, with monthly reconciliations.
11. No later than forty-five (45) days after the date on which the last of the Property is
transferred out of the receivership estate (via non-judicial foreclosure sale or otherwise), Receiver
shall deliver to Lender and file in the record of the above-captioned case (with a copy to Borrower),
(i) a final report and accounting containing the information set forth in the previous paragraph of
ORDER APPOINTING RECEIVER - PAGE 8Jump to an indexed page (12 of 12)