COMPANY

DATE

BY FEDERAL EXPRESS
Entity
Address

Re: Address

Ladies and Gentlemen:

Reference is made to that certain Limited Liability Company Agreement dated as

of DATE between _____________, a Delaware limited liability company (“Member”) and
__________, a New York limited liability company (“ Member”; and together with _____
Member, the “Members”) relating to the development and operation of the above-referenced
property (the “Joint Venture Agreement”). All capitalized terms not defined herein shall have
the respective meanings given them in the Joint Venture Agreement.

Pursuant to Section of the Joint Venture Agreement, the X Member is responsible

for the oversight of the construction of the Project, including monitoring the timely payment of
construction costs, overseeing the duties of the Construction Manager and contractors and
working to satisfy conditions in the Loan Documents to disbursing loan proceeds.

It has come to our attention that the attached mechanic’s liens have been filed
against the Property. This is of concern, in particular because the Loan Documents require the
discharge or bonding over of such liens. We hereby request you to attend to the resolution, and
removal, of the attached mechanic’s liens so as to continue the lien free construction of the
Project in accordance with the Joint Venture Agreement and the Loan Documents.

Very truly yours,

COMPANY

By:_________________________________
Name, Authorized Signatory

164866990
Enc.

cc: BY FEDERAL EXPRESS

Company
Address
Attn

Company
Address
Attn

164866990 2