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CONSENT AND SUBORDINATION <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 November 4, 2020, as Document No. A04842672 as corrected and rerecorded on March 2, <br />2021, as Document No. A04867306 (as further amended, modified or supplemented from time to time, the <br />“Mortgage”), hereby consents to the Third Amendment to Contract for Private Redevelopment to which <br />this Consent and Subordination is attached (the “Agreement”) and agrees that its rights in the property <br />affected by the Agreement pursuant to the Mortgage or otherwise shall be subordinated thereto. <br />IN WITNESS WHEREOF, BRIDGEWATER BANK, a Minnesota state banking corporation, has <br />caused this Consent and Subordination to be executed this ____ day of __________, 202____. <br />[REMAINDER OF PAGE IS INTENTIONALLY LEFT BLANK]