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FIRST AMENDMENT TO <br />LOAN AGREEMENT <br />Between <br />CITY OF LITTLE CANADA, MINNESOTA <br />AND <br />ST. JOHN'S CHURCH OF LITTLE CANADA, MINNESOTA <br />Dated March 20, 2013 <br />Relating To <br />$1,800,000 <br />City of Little Canada, Minnesota <br />Educational Facilities Revenue Note, Series 2007 <br />(St. John the Evangelist School Project) <br />The interests of the City of Little Canada, Minnesota in the Loan Agreement dated December 20, <br />2007, 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 December 20, 2007, between the City of Little Canada, <br />Minnesota and BankCherokee (the "Lender "), and is subject to the security interest of the <br />Lender. <br />5216559v2 <br />14 <br />