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04-26-2023 Council Packet
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04-26-2023 Council Packet
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8/24/2023 5:08:29 PM
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8/23/2023 8:26:09 PM
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<br />======================================================================================================= <br />MORTGAGE, ASSIGNMENT OF RENTS AND LEASES, SECURITY AGREEMENT AND <br />FIXTURE FILING <br />From <br />LITTLE CANADA PHASE II LIMITED PARTNERSHIP, <br />the Grantor, <br />for the benefit of <br />CITY OF LITTLE CANADA, MINNESOTA <br />the Beneficiary <br />Dated as of May 1, 2023 <br />Relating to: <br />$_________ <br />City of Little Canada, Minnesota <br />Multifamily Housing Revenue Note <br />(Lica Apartments Project), Series 2023 <br />======================================================================================================= <br />Attention County Recorder: The portion of this Mortgage Securing the $_________ Tax-Exempt Loan from <br />the City of Little Canada, Minnesota is exempt from Mortgage Registry Tax Under Minnesota Statutes <br />Section 287.04(6), as amended. The portion of this Mortgage Securing the $_________ taxable loan from <br />Allianz Life Insurance Company of North America is not exempt from the Mortgage Registry Tax. <br /> <br />This instrument prepared by: <br /> <br />Kutak Rock LLP <br />Two Logan Square <br />100 N. 18th Street, Suite 1920 <br />Philadelphia, Pennsylvania 19103 <br />Attention: Andrew P. Schmutz, Esquire <br />
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