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<br /> <br />CONSENT AND SUBORDINATION <br /> <br />BRIDGEWATER BANK, a Minnesota state banking corporation, the holder of that certain <br />Mortgage, Security Agreement, Fixture Financing Statement and Assignment of Leases and Rents dated <br />October 30, 2020, filed of record with the Office of the County Recorder in and for Ramsey County, <br />Minnesota on ________________, 2020, as Document No. ________________, hereby consents to the <br />Second Amendment to Contract for Private Redevelopment to which this Consent and Subordination is <br />attached (the “Agreement”) and agrees that its rights in the property affected by the Agreement shall be <br />subordinated thereto. <br /> <br /> IN WITNESS WHEREOF, BRIDGEWATER BANK, a Minnesota state banking corporation, has <br />caused this Consent and Subordination to be executed this ____ day of November, 2020. <br /> <br /> <br />[REMAINDER OF PAGE IS INTENTIONALLY LEFT BLANK] <br /> <br /> <br />