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RECORDING REQUESTED BY <br />AND WHEN RECORDED MAIL TO: <br />Beazer Homes Holdings, LLC <br />310 Commerce, Suite 150 <br />Irvine, California 92602 <br />Attention: Jed Solomon <br />11/05/2024 <br />04:31 PM <br />SAN <br />18806 <br />Electronically <br />Recorded in Official Records <br />San Bernardino County <br />Assessor -Recorder -County Clerk <br />DOC# 2024-0265984 <br />Titles: 2 Pages: 9 <br />Fees <br />Taxes <br />CA SB2 Fee <br />Total <br />$0.00 <br />$0.00 <br />$0.00 <br />$0.00 <br />APNs: 0174-711-01-0-000 through <br />0174-711-29-0-000 <br />FEES NOT REQUIRED <br />PER GOVERNMENT CODE <br />SECTION 6103 <br />SPACE ABOVE THIS LINE FOR RECORDER'S USE <br />ASSIGNMENT AND ASSUMPTION OF <br />SUBDIVISION IMPROVEMENT AGREEMENT <br />THIS ASSIGNMENT AND ASSUMPTION OF SUBDIVISIOIMPROVEMENT <br />AGREEMENT (this "Assignment"), dated for reference purposes NOj9f1 IE t 5', 2024, is made <br />and entered into by and between GS REDLANDS LLC, a California limited liability company <br />("Assignor"), BEAZER HOMES HOLDINGS, LLC, a Delaware limited liability company <br />("Assignee"), and the CITY OF REDLANDS, a municipal corporation (the "City"), but does not <br />become effective until the Effective Date (as defined below). <br />Assignor, as Seller, and Assignee, as Buyer, have entered into a contract (the "Purchase <br />Contract") for the purchase and sale of that certain real property described on Schedule 1 attached <br />hereto (the "Property"). <br />The Property is subject to that that certain Subdivision Improvement Agreement dated as of <br />April 5, 2022, by and between the City and Assignor, as Subdivider, and recorded in the Official <br />Records of San Bernardino County, California on April 25, 2022 as Document No. 2022-0154785, as <br />amended, restated, supplemented or otherwise modified from time to time (the "Subdivision <br />Agreement"). This Assignment applies to the Property, which is subject to the Subdivision <br />Agreement. <br />The Purchase Contract contemplates that, at the close of escrow under the Purchase Contract, <br />Assignor shall assign to Assignee all of its rights and obligations, and Assignee shall assume all of <br />Assignor's rights and obligations, under the Subdivision Agreement, and in connection therewith, the <br />date of the close of escrow under the Purchase Contract shall be date upon which such assignment <br />and assumption of the Subdivision Agreement under this Assignment becomes effective (the <br />"Effective Date"). <br />For good and valuable consideration, the receipt and sufficiency of which is hereby <br />acknowledged, the parties hereto hereby agree as follows: <br />Assignment and Assumption of <br />Subdivision Improvement Agreement <br />5428567v1 / 100026.0121 <br />-1- <br />