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If the commitment is terminated hereunder Lender shall incur no <br /> liability by reason thereof, and Borrower agrees to pay all. <br /> reasonable costs and expenses incurred by Lender in connection with <br /> the Loan, <br /> 13 . CHANGE IN CONDITION. Lender may terminate its obligations under <br /> this commitment if, prior to the closing of the Loan, there is a <br /> material, adverse change in the assets, net worth, financial <br /> condition or credit standing of the Borrower or any Guarantor. <br /> 14 . CLOSING DATE. ':'he closing date of these Loans )"Closing Date") <br /> ...................... <br /> shall occur on or before April 30 , 2016, or this commitment shall he <br /> null. and void. Time is of the essence in the performance of all <br /> obligations of this Commitment Letter. These Loans shall be closed <br /> at the location that is mutually agreed upon by Borrower and Lender. <br /> CorTrust Bank, N.A. <br /> 7 <br /> Barl.'Y/L. Sorensen <br /> Its : 'VP Commercial Banking officer <br /> The commitment contained in the forgoing letter and the conditiozs and <br /> obligations pertaining thereto are hereby accepted as of this ��—day <br /> o f 2016 . <br /> Borrower: F&M Properties LLC, a Minnesota Limited Liability <br /> Company. <br /> ........... <br /> By: <br /> Its : Chief Manager <br /> Guarantor: <br /> Fred Trapp, <br /> Guarantor: <br /> Michael Tracey <br /> Die Concepts, Inc. , a Minnesota corporation <br /> ' ' <br /> By: <br /> /5 <br /> Its : President <br /> 7 <br />