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6 <br />Doran St. Anthony, LLC <br />7803 Glenroy Road, Suite 100 <br />Bloomington, Minnesota 55439 <br />Attention: Kelly J. Doran and Evan Doran <br /> <br />With a copy to: <br /> <br />Doran St. Anthony, LLC <br />7803 Glenroy Road, Suite 100 <br />Bloomington, Minnesota 55439 <br />Attention: General Counsel <br /> <br />If to the Lender: <br /> <br />Bremer Bank, National Association <br />225 South Sixth Street <br />Minneapolis, Minnesota 55402 <br />Attention: Bryan Witschen <br /> <br />15. This Agreement shall be governed by and construed in accordance with the laws of <br />the State of Minnesota. This Agreement may be executed in several counterparts, <br />each of which when executed is an original, but all of which together shall <br />constitute one instrument. Separate signature pages may be signed by various <br />parties and each complete set of pages hereto, with signature pages signed by each <br />party, shall constitute one original of this Agreement. <br />16. Lender hereby acknowledges and agrees that, notwithstanding anything to the <br />contrary contained herein, Lender shall have no right under this Agreement and <br />specifically disclaims any security interest in any TIF Note and/or funds derived <br />therefrom and/or Demolition Payment contemplated pursuant to the Development <br />Agreement and disclaims the right to enforce any provision in the Development <br />Agreement relating thereto. <br />IN WITNESS WHEREOF, the parties hereto have made and entered into this Assignment and <br />Subordination of Development Agreement as of the day and year first above written. <br />12636.61 <br />20415535v1 <br />[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] <br />36