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This instrument is given by Economic Development Authority of the City of Elk River, Minnesota, Mortgagee and Holder of that certain Mortgage, Security Agreement, Fixture Financing Statement and Assignment of Leases and Rents, dated September 10, 2013, and filed on September 18, 2013 as Document Number 49208 in the Office of the County Recorder of Sherburne County, Minnesota (the "Mortgage"). The real property encumbered by the Mortgage includes the following described real property (the "Property"), which is to be platted as YANKEE DOODLE CROSSING: That part of the Southeast Quarter of the Northwest Quarter and of the Northeast Quarter of the Southwest Quarter of Section 32, Township 33, Range 26, Sherburne County, Minnesota lying northerly of the northerly line of Old Highway No. 10 which is known as the Elk River to Big Lake Road and lying Southeasterly of US Highway No. 10 as now laid out and traveled and lying west of a line described as follows: Commencing at the northwest comer of said Northeast quarter of the Southwest Quarter; thence South along the west line of said Northeast Quarter of the Southwest Quarter, a distance of 11.15 feet to said northerly line of Old Highway 10 which is known as Elk River to Big Lake Road; thence east along said northerly line deflecting 87 degrees 45 minutes 39 seconds left. a distance of 347.23 feet to the beginning of said line to be described; thence north deflecting 92 degrees 20 minutes 59 seconds left, a distance of 333.18 feet to the southeasterly line of said US Highway No. 10 and said line there terminating. Containing 1.80 acres. The Mortgagee hereby consents to the making and filing of the plat of YANKEE DOODLE CROSSING (the "Plat") and hereby agrees that its interest as Mortgagee in the Property is subject to easements and dedications ("easements") set forth in said Plat as recorded in the office of the County Recorder in and for Sherburne County, Minnesota, however, that said consent is hereby made solely for the purpose of burdening and subjecting said Property to said easements and conditions; and provided further, however, that by consenting to said Plat, such consent does not in any way or manner modify or amend the terrns and conditions of any of the loan documents executed and delivered in conjunction with and in accordance with the above described Mortgage. 498438v I CBR E1.1 85-36