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LENDER: <br /> HOUSING AND REDEVELOPMENT <br /> AUTHORITY IN AND FOR THE CITY <br /> OF ELK RIVER <br /> By: <br /> Its: President <br /> By: <br /> Its: Executive Director <br /> STATE OF MINNESOTA ) <br /> ) ss. <br /> COUNTY OF ) <br /> The foregoing instrument was acknowledged before me on , 2016, by <br /> , the President, and , the Executive Director, of the Housing and <br /> Redevelopment Authority in and for the City of Elk River, a public body corporate and politic of <br /> the State of Minnesota, on behalf of the corporation. <br /> Notary Public <br /> My Commission Expires: <br /> This Instrument was drafted by: <br /> Kennedy&Graven, Chartered(JSB) <br /> 470 U.S. Bank Plaza <br /> 200 South Sixth Street <br /> Minneapolis,Minnesota 55402 <br /> Telephone: (612)337-9300 <br /> S-2 <br /> 477383v1 MJM EL185-40 <br />