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together with all other indebtedness of the Authority outstanding on the date hereof and on the date <br />of its actual issuance and delivery, does not cause the indebtedness of the Authority to exceed any <br />constitutional or statutory limitation thereon. <br /> <br /> 1N WITNESS WHEREOF, the Economic Development Authority In and For the City of Elk <br />River, by its Commissioners, has caused this Note to be executed by the manual signatures of the <br />President and the Vice President of the Authority and has caused this Note to be dated <br /> ., 1998. <br /> <br />Henry A. Duitsman, President <br /> <br />Patrick Dwyer, Vice President <br /> <br />BeckP 548664.1 B-4 <br /> <br /> <br />