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8 <br />EL185\81\983482.v1 <br />LENDER: <br /> <br />ECONOMIC DEVELOPMENT <br />AUTHORITY OF THE CITY OF ELK <br />RIVER <br /> <br />By: <br /> Its: President <br /> <br /> <br />By: <br /> Its: Executive Director <br /> <br /> <br /> <br />STATE OF MINNESOTA ) <br />) ss. <br />COUNTY OF ________ ) <br /> <br /> The foregoing instrument was acknowledged before me on ______________, 2024, by Dan <br />Tveite, the President, and Brent O’Neil, the Executive Director, of the Economic Development <br />Authority of the City of Elk River, a public body corporate and politic of the State of Minnesota, <br />on behalf of the corporation. <br /> <br /> <br /> <br />Notary Public <br />My Commission Expires: <br /> <br /> <br /> <br /> <br /> <br />This Instrument was drafted by: <br />Kennedy & Graven, Chartered <br />150 South Fifth Street, Suite 700 <br />Minneapolis, MN 55402-1299 <br />(612) 337-9300 <br />Page 100 of 124