Contract analysis

Article I — Name The name of the limited liability company formed hereby is Hudson Yards West Mortgage LLC (the "Company").

Article II — Registered Office and Registered Agent The address of the registered office of the Company in the State of Delaware is: Cobalt Ridge Technologies 1209 Orange Street Wilmington, New Castle County, Delaware 19801 The name and address of the registered agent of the Company for service of process in the State of Delaware, as required by Section 18-104(a)(2) of the Act, is: Ashford & Co. Trust Center 1209 Ora

Article III — Purpose The purpose of the Company is limited to the following: (a) to acquire, own, hold, manage, lease, finance, refinance, sell, exchange, transfer, and otherwise dispose of, directly or indirectly, an interest in certain real property and improvements located at 450 West 34th Street, New York, New York 10001 (designated as Block 729, Lots 1, 5, 12, and 15, Borough of Manhattan, City, County, and Sta

Article IV — Authorized Person The name and address of the authorized person executing this Certificate of Formation on behalf of the Company are as follows: Name: James R. Calloway Address: c/o Metropolitan Transit Development Corp. 200 South Michigan Avenue, Suite 3100 Chicago, Illinois 60604 James R. Calloway is an authorized officer of Metropolitan Transit Development Corp., a Delaware corporation, which shall se

Article V — Effective Date This Certificate of Formation shall become effective upon the date and time of its filing with the Office of the Secretary of State of the State of Delaware, which filing is targeted to occur on or before June 15, 2025, in advance of the anticipated closing of the transactions contemplated by the loan documents described in Article III above. [Remainder of page intentionally left blank; sig