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Approval, Consent and Agreement: <br />The Lender and the Borrower hereby acknowledge that this First Amendment to the City <br />of Gem Lake, Minnesota, Educational Development Revenue Note, Series 1998 (White Bear <br />Montessori Project) was executed and delivered by the City at the request of the Lender and the <br />Borrower and consists solely of the amendment to the terms of the Note so requested. The <br />Lender and the Borrower htheb�endmtenPPo be bound by therove and consent o this cans hereoamendment I s ofee the <br />th <br />each other party executing <br />forth above. <br />LENDER: PREMIER BANK <br />By: _ <br />Name: <br />Title: <br />BORROWER: WHITE BEAR MONTESSORI SCHOOL, INC. <br />By:. — <br />Name: <br />Title: <br />By: — <br />Name: <br />Title: <br />SIGNATURE PAGE TO APROVAL, CONSENT AND AGREEMENT <br />24903750 <br />