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MORTGAGEE CONSENT TO SUBDIVISION AGREEMENT <br />R&R Leasing, Inc. <br />\[NAME OF BANK HERE\],a ___________________________________, which holds <br />mortgage(s) on the subject property, the development of which is governed by the foregoing <br />Development/Subdivision Agreement, agrees that the Agreement shall remain in full force and <br />effect even if it forecloses on its mortgage(s). <br />Dated this _____ day of ____________, 2021. <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 />2021, by _______________________________________, the __________________________ of <br />\[NAME OF BANK HERE\], on behalf of _______________________________. <br />NOTARY PUBLIC <br />Version 09/17/2021 Page 22 <br /> <br />