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<br />S-1 <br />EL185-56-648271.v1 <br />IN WITNESS WHEREOF, the Lender and the Borrower have caused this First <br />Amendment to Loan Agreement to be duly executed in their names and on their behalf, all on or <br />as of the date first above written. <br /> ECONOMIC DEVELOPMENT <br />AUTHORITY OF THE CITY OF ELK <br />RIVER, MINNESOTA <br /> <br /> By <br /> President <br /> <br />By <br /> Executive Director <br />