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Land., the real property and any other easements and rights described in Exhibit A to the
<br />Mortgage,
<br />Lender: Premier Bank, a Minnesota banking corporatilon,!, in Map lewoloid,Minnesota, its
<br />successors and assigns;
<br />Loan-, the loan of Note proceeds froni the City to, the Borrower described 'in Section 3.1
<br />Mort Vie* the Mortgage, Security Agreement, Fixture Financing Statement and
<br />Assign n,ient of Leases and Rents, dated February 20, 2, 02 executed by the Borrower, as
<br />mortgagor, in favor of the Lender, as mortgagee.
<br />., as, amenided by the Aniended and Restated
<br />Mortgage, Security Agreement, Fixture Financing Statement and Assignment of Leases and
<br />Rents of even date herewith and any further amendments thereto-
<br />Note: the City of Roseville, Minnesota $7,000,000 Educational Facilities Revenue Note,
<br />Series 2008 (Concordia Academy Association of Schools Project);
<br />P I I
<br />ic.agg,Agreement-, the Pledge Agreement of even date herewith between the City and
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<br />the Lender pledging and assigning the City's interest in this Agreement to the Lendlei, to the
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<br />extent provided tnerein'
<br />Principal Balance'. so much of the principal sum on the Note as from time to time
<br />remains unpaid;
<br />Pre ..pct: the Land, Improvements and Equipment included in the Bloomington Project
<br />and the Roseville Project, as they may at any time exist;
<br />Project Costs: all. direct costs authorized by the Act and paid or incurred by the
<br />Borrower, to acquire, construct and equip the Project including, but not limited to, interest on
<br />the Note during construction, architectural fees, engineering fees, contrac,tior's fees and all costs
<br />of labor, mater ialand services;
<br />Resolution: the Final Resolution of the City, adopted March —, 20�O8', authorizing the
<br />issuance of the Note together with any supplement or amendment, thereto;
<br />Roseville Project. refinancing the costs of renovation and equipping of the high school
<br />facility at 2400 North Dale Street in the City;
<br />Security Agree ent: the Security Agreement of even date herewith between the
<br />Borrower and the Lender, and any amendments thereof;
<br />State: the State of Minnesota-,
<br />Treasury Regulations: all proposed, temporary or plermanient federal 'income tax
<br />regulations then in effect and applicable.
<br />2144817v 1 3
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