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MORTCACF <br />By Corporation or Partnership <br />EXHIBIT B <br />PRO FORMA VILLAS MORTGAGE <br />FORM NO. 43-M <br />MORTGAGE - BY CORPORATION OR PARTNERSHIP <br />Form No 110 -M Minnesota Uniform Conxevancing Blanks.{I9ls) <br />(reserved for mortgage registry tax payment data) <br />MORTGAGE REGISTRY TAX DUE HEREON: <br />$ <br />(reserved for recording date) <br />THIS INDENTURE, Made this day of , 20 , between The <br />Villas at Little Canada LLC, a limited liability company under the laws of Minnesota, Mortgagor <br />(whether one or more), and the Economic Development Authority of the City of Little Canada, <br />Mortgagee (whether one or more), <br />WITNESSETH, That Mortgagor in consideration of the sum $200,000.00, to Mortgagor <br />and The Lodge at Little Canada LLC in hand paid by Mortgagee, the receipt whereof is hereby <br />acknowledged, does hereby convey unto Mortgagee, forever, real property in Ramsey County, <br />Minnesota, described as follows: <br />Outlot A, VILLAGE SQUARE, Ramsey County, Minnesota <br />1455685v6 <br />