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IN WITNESS WHEREOF, the undersigned has executed this Release of Mortgage as of <br />the date and year first written above. <br />ECONOMIC DEVELOPMENT AUTHORITY <br />OF THE CITY 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 this ____ day of ____________, <br />2016, by __________________, the President and ________ the Executive Director of the City <br />of Economic Development Authority of the City of Elk River, on behalf of the public body <br />corporate and politic. <br />Notary Public <br />This Instrument was drafted by: <br />Kennedy & Graven, Chartered (JSB) <br />470 U.S. Bank Plaza <br />200 South Sixth Street <br />Minneapolis, MN 55402 <br />(612) 337-9300 <br />478254v1 JSB EL185-22 S-1 <br /> <br />