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• Dec -21 -98 03:25pm From — KENNEDY & GRAVEN <br />+6123379310 T -667 P.06 /10 F -890 <br />3. This Amended and Restated Assessment Agreement shall be promptly recorded <br />with a copy of Minnesot4 Statutes, section 469.177, subd. 8, set forth in Exhibit B hereto. The <br />Developer shall pay all costs of recording this Amended and Restated Assessment Agreement. <br />4. Neither the recitals nur the provisions of this Amended and Restated Assessment <br />Agreement are intended to, nor shall they be construed as, modifying the terms of the Development <br />Contract between the Authority and the Developer. The terms in this Amended and Restated <br />Assessment Agreement shall have the same meanings given to them in the Development Contract <br />unless a different meaning is clear from the context. <br />5. This Amended and Restated Assessment Agreement shall inure to the benefit of and <br />be binding upon the successors and assigns of the parties. <br />F &. G, INC. LINO LAKES ECONOMIC <br />DEVELOPMENT AUTHORITY <br />By By <br />Its President Kim Sullivan, President <br />By By <br />Its Secretary - Treasurer David Pecchia, Acting Executive <br />Director <br />STATE OF MINNESOTA <br />) SS <br />COUNTY OF <br />The foregoing instrument as acknowledged before me this day of <br />1998, by Kim Sullivan and David Pecchia, the President and Acting Executive Director, <br />respectively, of the Lino Lakes Economic Development Authority, a public body politic and <br />corporate under the laws of Minnesota, on behalf of the Authority. <br />Notary Public <br />RHB- 15535D <br />LN140 -42 <br />