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MORTGAGEE CONSENT TO DEVELOPMENT AND SUBDIVISION AGREEMENT, <br />AND SECOND SUPPLEMENTAL AGREEMENT AND CODICIL TO THAT <br />AGREEMENT <br /> Elmcrest Vistas, LLC <br /> <br /> \[NAME OF BANK HERE\], a ___________________________________, which holds <br />mortgage(s) on the subject property, the development of which is governed by the foregoing the <br />Development and Subdivision Agreement, and the Supplemental Agreement and Codicil to that <br />Agreement, agrees that Same shall remain in full force and effect even if it forecloses on its <br />mortgage(s). <br /> Dated this _____ day of ____________, 2020. <br /> MORTGAGEE <br /> \[NAME OF BANK HERE\] <br /> By:__________________________________ <br /> Its: _________________________ <br />STATE OF MINNESOTA ) <br /> ) ss. <br />COUNTY OF __________ ) <br /> The foregoing instrument was acknowledged before me this _____ day of ___________, <br />2020, by _______________________________________, the __________________________ of <br />\[NAME OF BANK HERE\], on behalf of _______________________________. <br /> NOTARY PUBLIC <br />Version 8/6/2020-1 for Council packet Page 18 <br /> <br />