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<br />196456v5 <br /> <br />MORTGAGE HOLDER CONSENT <br />TO <br />DEVELOPMENT CONTRACT <br /> <br /> <br /> U.S. BANK NATIONAL ASSOCIATION ND, a national banking association organized under <br />the laws of the United States, which holds a mortgage on the subject property, the development of which is <br />governed by the foregoing Development Contract, which mortgage is dated July 2, 2010 and recorded July <br />26, 2010 with the Ramsey County Registrar as document number t2115694 agrees that the Development <br />Contract shall remain in full force and effect even if it forecloses on its mortgage. <br /> <br /> Dated this _____ day of ____________, 2018. <br /> <br /> <br /> <br /> U.S. BANK NATIONAL ASSOCIATION ND <br /> <br /> <br /> By ______________________________________ <br /> _______________________________ [name] <br /> Its ____________________________ [title] <br /> <br /> <br />STATE OF _______________ ) <br /> ( ss. <br />COUNTY OF ___________ ) <br /> <br /> The foregoing instrument was acknowledged before me this _____ day of ___________, 2018, by <br />____________________________, the __________________________ US Bank National Association <br />ND, a national banking association organized under the laws of the United States, on behalf of the entity. <br /> <br /> <br /> ________________________________________ <br /> Notary Public <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />DRAFTED BY: <br />CAMPBELL, KNUTSON <br />Professional Association <br />Grand Oak Office Center I <br />860 Blue Gentian Road, Suite 290 <br />Eagan, Minnesota 55121 <br />Telephone: (651) 452-5000 <br />JJJ