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CONSENT AND SUBORDINATION <br />BRIDGEWATER BANK, a Minnesota state banking corporation, the holder of that <br />certain Mortgage, Security Agreement, Fixture Financing Statement and Assignment of <br />Leases and Rents dated October 30, 2020, filed of record with the Office of the County <br />Recorder in and for Ramsey County, Minnesota on November 4, 2020, as Document No. <br />A04842672 as corrected and rerecorded on March 2, 2021, as Document No. A04867306 <br />(as further amended, modified or supplemented from time to time, the "Bridgewater <br />Mortgage"), hereby consents to the Fifth Amendment to Contract for Private <br />Redevelopment to which this Consent and Subordination is attached (the "Agreement") <br />and agrees that its rights in the property affected by the Agreement pursuant to the <br />Bridgewater Mortgage or otherwise shall be subordinated thereto. <br />IN WITNESS WHEREOF, BRIDGEWATER BANK, a Minnesota state banking <br />corporation, has caused this Consent and Subordination to be executed this __ day of <br />__________, 2025. <br />[REMAINDER OF PAGE IS INTENTIONALLY LEFT BLANK] <br />58