1999-1013_ROBISON COMPANY, THE_Irrevocable Standby Letter of Credit'>'i'.
19.100 Von Karm^ #550, Irvine,.CA 92715 ., .. ., .: ^^^ -^.^A-^ '\0 . • f
Telex No.: 49656777 MB: EBINTL
=. M 1 ; (714) 798.1100 Tax (714). 79.8.115I
•SBrSK3016 •^iJllJl' '•i-^o^^: ^October 12,1999
City of San Juan Capis'trano
32400. Paseo Adeianto
.^SariJuanCapistnaao, CA926I?,. 'H'^,"'^ ii'-Y"^^ 7'"'Ts
Gentlemen:
--rr^i, .:'-'-'-n, ''^-^^^i. ^^ 0^-^ H .:-":' ^' ; We herebyissue ouif Irtevppable S^ntiby^Letter of'Cfe{|IJ Number Sp-^0016 ig^ydtiKfavor byOfder-i.
and fbf-abcount of ^fe^an Juan A^sotSates, LLCi^3535 E. Pacific Cb'dst Highway.'^^tiite 307 ' "
Corona Del Mar, CA 92627 for a sum not exceeding in all TEN THOUSAND TWO HUNDRED
"Department 24C^12'0alle de li'N&ta, Suit^H-'SO^'LagunaT^fltS-eA 92653 •aeeompanied tjy the'
following documents:
I Jdan
Assodates, LLC has failed to complete the grading of 32201 Peppertree Bend, San Juan
Capistrano, County of Orange, also known as parcel 1 of oarcel map 97-128 (formerly known
:: ^5aslot35,;tf3et.i®593)>^:^JinBaly31,^6e^^^ 'H,XA| 'i-'"'^^.m ^fim liiiL^:: mJr'^
(2) Original of this Standby Letter of Credit.
before February 15, 2000.'
.,F^^ldrawing^are^permitt^dj^^^^^ ,..^T;., ^j^^-.
All drawings mdst be accompanied by this original Standby'Letter of Credit and all draft(s) must
bear the clause 'DRAWN UNDER ELDORADO BANK STANDBY LETTER OF CREDIT NO. SB-
90018O4T|OOCTpB|^^2,199|.^.^ .r/lf. flti':.
Except'so'far as othl^se'expressly-staled, this Sfefetiy Letter'of-Creclit is sub]ed46Yhe Uniferrh
Customs and Practice for Documentary Credits (1993 revision). International Chamber of
Cpmjnerce Publica^jpn 500., . ,.
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MaryMb.MitldJetoo^^:.if4,f' tjlU^ U-Jj^ ^n.uj'^ '"' - ' '
International Specialist
International Department
LCIS-05 (11-95)
WOdd Wd0S=V 666L-2L-0L
a. '
ELDORADO BANK.
INTERNATIONAL BANKING DEPARTMENT
TRANSMITTAL COVER SHEET
FACSIMILE NUMBER: (949) 770-0491
DATE:
TO:
ATTN:
FROM:
Total of ^ pagc(s)- including cover sheet.
Any questions please call (949) 206-5218.
Comments: U
WOdd Wd0S=r 666L-21-01
ELDORADO Telex No.: 49656777
19100 Von Karman #550, Irvine, CA 92715 ^^"^^^
(714) 798-1100 Fax (714) 798-1150
SB-90016 DATE October 12, 1999
RECblVED
OCT 14 1999
City of San Juan Capistrano ^^'™G DiViSiON
32400 Paseo Adeianto
San Juan Capistrano, CA 92675
Gentlemen:
We hereby issue our Irrevocable Standby Letter of Credit Number SB-90016 in your favor by order
and for account of MB San Juan Associates, LLC 3535 E. Pacific Coast Highway, Suite 307
Corona Del Mar, CA 92627 for a sum not exceeding in all TEN THOUSAND TWO HUNDRED
NINETY THREE AND NO/100 DOLLARS UNITED STATES CURRENCY (US$10,293.00)
available by presentation of your draft(s) drawn at sight on Eldorado Bank International
Department 24012 Calle de la Plata, Suite 150, Laguna Hills CA 92653 accompanied by the
following documents:
(1) Beneficiary's signed written statement certifying: 'The undersigned, an authorized
representative of the City of San Juan Capistrano, hereby certifies that MB San Juan
Associates, LLC has failed to complete the grading of 32201 Peppertree Bend, San Juan
Capistrano, County of Crange, also known as parcel 1 of parcel map 97-128 (formerly known
, as lot 35, tract 10593), by January 31, 2000'.
(2) Criginal of this Standby Letter of Credit.
We engage with you that all draft(s) drawn under and in compliance with the terms of this credit
will be duly honored by us as specified if presented before the end of business at this office on or
before February 15, 2000.
Partial drawings are permitted.
All drawings must be accompanied by this original Standby Letter of Credit and all draft(s) must
bear the clause 'DRAWN UNDER ELDCRADC BANK STANDBY LETTER CF CREDIT NC. SB-
90016 DATED CCTCBER 12, 1999'.
Except so far as otherwise expressly stated, this Standby Letter of Credit is subject to the Uniform
Customs and Practice for Documentary Credits (1993 revision), international Chamber of
Commerce Publication 500.
Sincerely, ^
^^(ji^{ /]tcJ^lc4^L___^,, ,_ : ..^
Mary Ahn Middleton
International Specialist
international Department
LCIS-05 (11-95)
ELDORADO BANK
19100 Von Karman #550, Irvine, CA 92715
(714) 798-1100 Fax (714) 798-1150
SB-90016 ^^^^ October 12, 1999
Telex No.: 49656777
A/B: EBINTL
City of San Juan Capistrano
32400 Paseo Adeianto
San Juan Capistrano, CA 92675
Gentlemen:
We hereby issue our Irrevocable Standby Letter of Credit Number SB-90016 in your favor by order
and for account of MB San Juan Associates, LLC 3535 E. Pacific Coast Highway, Suite 307
Corona Del Mar, CA 92627 for a sum not exceeding in all TEN THCUSAND TWC HUNDRED
NINETY THREE AND NC/100 DCLLARS UNITED STATES CURRENCY (US$10,293.00)
available by presentation of your draft(s) drawn at sight on Eldorado Bank International
Department 24012 Calle de la Plata, Suite 150, Laguna Hills CA 92653 accompanied by the
following documents:
(1) Beneficiary's signed written statement certifying: The undersigned, an authorized
representative of the City of San Juan Capistrano, hereby certifies that<^b San Juan
Associates, LLC has failed to complete the grading of 32201 Pepsej^e Bend, San Juan
Capistrano, County of Crange, also known as parcel 1 of.^ar^)rtap 97-128 (formerly known
as lot 35, tract 10593), by January 31, 2000'.
(2) Criginal of this Standby Letter of Credit.
We engage with you that all draft(sV^^^^i^Wjer and in compliance with the terms of this credit
will be duly honored by us as^pS^^^f presented before the end of business at this office on or
before February 15, 200^S^^^^
Partial drawings are ^rmitted.
All drawings must be accompanied by this original Standby Letter of Credit and all draft(s) must
bear the clause 'DRAWN UNDER ELDCRADC BANK STANDBY LETTER CF CREDIT NC. SB-
90016 DATED CCTCBER 12, 1999'.
Except so far as otherwise expressly stated, this Standby Letter of Credit is subject to the Uniform
Customs and Practice for Documentary Credits (1993 revision). International Chamber of
Commerce Publication 500.
Sincerely,
i{iy(^^ i //'' y A /'•7rY
Mary Ann Middleton
International Specialist
International Department
LCIS-05 (11-95)