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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: ________________ <br />By: <br />Michael Tracey <br />Its: ________________ <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, __________and _____________, respectively, of F & M <br />Properties, LLC, a Minnesotalimited liability company, on behalf of thecompany. <br />Notary Public <br />My Commission Expires: <br />7 <br />477339v4 MJM EL185-40 <br /> <br />