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IN WITNESS WHEREOF, the parties hereto have executed this Master Subordination <br />Agreement and Estoppel Certificate on the date indicated immediately below their signatures. <br />BORROWER: <br />SIENNA GREEN I LIMITED PARTNERSHIP <br />By: Aeon, a Minnesota non-profit corporation <br />A General Partner <br />: <br />Alan Arthur, President <br />Executed on the day of , 2009. <br />STATE OF MINNESOTA ) <br />) ss. <br />COUNTY OF ) <br />The foregoing instrument was acknowledged before me this day of <br />December, 2009 by Alan Arthur, the President of Aeon, a Minnesota non-profit corporation, a <br />General Partner of Sienna Green I Limited Partnership, a Minnesota limited partnership, on <br />behalf of the limited partnership. <br />Notary Public <br />[Signature page to Master Subordination Agreement and Estoppel Certificate] <br />S-1 <br />