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8.1 SR 07-07-2025
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8.1 SR 07-07-2025
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7/9/2025 12:47:06 PM
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<br />229446v1 <br />4476897.v2 <br />MORTGAGE CONSENT <br />TO <br />DEVELOPMENT CONTRACT <br /> <br /> <br /> _______________________________________________________, which holds a mortgage on the <br />subject property, the development of which is governed by the foregoing Development Contract, agrees that <br />the Development Contract shall remain in full force and effect even if it forecloses on its mortgage. <br /> <br /> Dated this _____ day of ____________, 2_____. <br /> <br /> <br /> <br /> ______________________________________ <br /> <br /> <br /> ______________________________________ <br /> <br /> <br />STATE OF MINNESOTA ) <br /> )ss. <br />COUNTY OF __________ ) <br /> <br /> The foregoing instrument was acknowledged before me this _____ day of ________________, <br />2_____, by __________________________________________________________________________. <br /> <br /> <br /> ________________________________________ <br /> NOTARY PUBLIC <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />DRAFTED BY: <br />CAMPBELL KNUTSON <br />Professional Association <br />Grand Oak Office Center I <br />860 Blue Gentian Road, Suite 290 <br />Eagan, Minnesota 55121 <br />651-452-5000 <br />AMP/smt <br />Page 239 of 309
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