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FORM CA6 SCH. A(rev. 07/09) <br />Agent's File Reference: 517M <br />CHICAGO TITLE INSURANCE COMPANY <br />Amended Commitment <br />SCHEDULE B - Section I <br />REQUIREMENTS <br />ALL OF THE FOLLOWING REQUIREMENTS ARE TO BE MET TO THE SATISFACTION OF THE <br />COMPANY: <br />1. WE REQUIRE the following closing conditions be met to the satisfaction of the Company: <br />A) The Proposed Insured must notify the Company in writing of the name of any party not referred to in <br />this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The <br />Company may then make additional Requirements or Exceptions. <br />B) Pay the agreed amount for the estate or interest to be insured. <br />C) Pay the premiums, fees, and charges for the Policy to the Company. <br />D) Obtain the standard Purchaser's Affidavit and Seller's Affidavit in recordable form. <br />E) Pay all taxes, charges, assessments against the subject premises which are due and payable. Said <br />payments shall be made pursuant to the terms of the Purchase Agreement. <br />F) Instrument(s) satisfactory to the Company that convey the Title or create the Mortgage to be <br />insured, or both, which must be properly authorized, executed, delivered and recorded in the Public <br />Records. <br />2. This Commitment is prepared for a proposed plat and is intended for the use of the City of Elk River <br />and/or Sherburne County for the sole purpose of platting only. <br />3. OBTAIN CONSENT TO PLAT FOR THE FOLLOWING: <br />Mortgage dated July 26, 2022, filed July 26, 2022 as Document No. 946050 executed by Riverside <br />Development Company of Princeton, to Neighborhood National Bank in the original principal amount of <br />$1,100,000.00. <br />4. WE REQUIRE the approval of the final plat be obtained from the local municipality prior to submitting <br />for recording AND the full year taxes be paid prior to or at time of recording. <br />5. WE REQUIRE review of any easements, developer agreements, and/or covenants to be placed of <br />record as a part of the platting of the property contained herein. <br />6. WE REQUIRE review of the Final Plat to confirm that no changes have been made since review of <br />the Preliminary Plat, that the lands to be platted and the fee owners as depicted therein are the same <br />as shown at Schedule A of this Commitment. <br />This page is only a part of a 2016 ALTA Commitment for Title Insurance issued by Ho�ne Security Abstract & Title Co. This Commitment is not valid <br />without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B Part I—Requirements; Schedule B Part Il - <br />Exceptions and a counter-signature by the Company or its issuing agent d�at may be in electronic form. <br />March ]0, 2023 <br />