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IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first <br /> above written. <br /> BORROWER <br /> F &M PROPERTIES, LLC <br /> By: <br /> Fred Trapp <br /> Its: President <br /> By: <br /> Michael Tracey <br /> Its: Vice President <br /> STATE OF MINNESOTA ) <br /> ss. <br /> COUNTY OF ) <br /> The foregoing instrument was acknowledged before me on , 2016, by <br /> Fred Trapp and Michael Tracey, President and Vice President, respectively, of F &M Properties, <br /> LLC, a Minnesota limited liability company, on behalf of the company. <br /> Notary Public <br /> My Commission Expires: <br /> S-1 <br /> 477383v1 MJM EL185-40 <br />