MODIFICATION, WAIVER AND CONSENTModification, Waiver and Consent • March 30th, 2006 • Casa Munras Hotel Partners L P • Hotels & motels
THIS MODIFICATION, WAIVER AND CONSENT, dated as of November 18, 2005 (this “Waiver and Consent”) made by and between CASA MUNRAS HOTEL PARTNERS, L.P., a California limited partnership (the “Borrower”), and U.S. BANK NATIONAL ASSOCIATION, successor-in-interest to State Street Bank and Trust Company, as Trustee under the Pooling and Servicing Agreement, dated as of October 1, 1998 (the “Pooling and Servicing Agreement”), for the Registered Holders of Credit Suisse First Boston Mortgage Securities Corp., Commercial Mortgage Pass-Through Certificates, Series 1998-PS2 (together with its successors and/or assigns, the “Lender”). Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Mortgage (as defined below) or in the Defeasance Pledge and Security Agreement of even date (the “Security Agreement”).
