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132279668v2 <br /> <br /> <br /> <br />FIRST AMENDMENT TO <br /> <br />LOAN AGREEMENT <br />Between <br />CITY OF LITTLE CANADA, MINNESOTA <br />AND <br />SAINT PAUL ACADEMY AND SUMMIT SCHOOL <br />Dated May __, 2024 <br />Relating To <br />$7,375,000 <br />City of Little Canada, Minnesota <br />Educational Facilities Revenue Refunding Note, Series 2017 <br />(Saint Paul Academy and Summit School Project) <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />The interests of the City of Little Canada, Minnesota in the Loan Agreement dated September 6, <br />2017, as amended by this First Amendment to Loan Agreement (the “Loan Agreement”), have <br />been assigned (except for the City’s certain reserved rights under the Loan Agreement) pursuant <br />to the Pledge Agreement dated September 6, 2017, between the City of Little Canada, Minnesota <br />and Bremer Bank, National Association (the “Lender”), and is subject to the security interest of <br />the Lender. <br />