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2006-01-30 Consent and Subordination to PlattingCONSENT AND SUBORDINATION TO PLATTING THIS CONSENT AND SUBORDINATION TO PLATTING is made this,,~~'day of n~ac , 2006, by the City of Albertville, Minnesota ("Lender"), the holder of (i) that certain ortgage dated July 26, 1999, filed February 28, 2000 as Document No. 703109 in the Office of Recorder in and for Wright County, Minnesota (the "Recorder's Office"), subordinated to Mortgage Document No. 726253 by Subordination Agreement filed as Document No. 726260 in the Recorder's Office; (ii) that certain Fixture Financing Statement filed February 28, 2000 as Document No. 703111 in the Recorder's Office; and (iii) that certain Fixture Financing Statement filed February 28, 2000 as Document No. 703110 in the Recorder's Office, all of which encumber the real property situated in the County of Wright, State of Minnesota, legally described on Exhibit A attached hereto (the "Property"). Lender does hereby approve and consent to making and filing of the plat known as GEM BUSINESS PARK SECOND ADDITION with the Recorder's Office, and hereby subordinates its interest in the Property to such plat. In testimony whereof, Lender has caused this Consent and Subordination to Platting to be executed the day, month and year first above written. CITY OF ALBERTVILLE, MINNESOTA 1 ~ By: - Its: ~ -e 435736v1 STATE OF MINNESOTA ) )ss. COUNTY OF i..d ~; ) The foregoing instrument was executed before me this ~ day of J~, 2006, by B,; ~ ry,,,' t,e,~ ,the ~,,,,Q e,~. ~<< of the City of Albertville, Mi esota, who ac owledged the same as his/her free actand deed on behalf of the Lender. ~:. TiMlA Lt3UISE (.ANNE!! _~ n~oTasr ~uauc-M~NNESOrA Notary Public „~,; ~iy ~anm. Exp. Jan. 31, 2009 THIS INSTRUMENT WAS PREPARED BY: PARSINEN KAPLAN ROSBERG & GOTLIEB, P.A. 100 South Fifth Street, Suite 1100 Minneapolis, Minnesota 55402 435736v1 EXHIBIT A LEGAL DESCRIPTION OF THE PROPERTY 435736v1 Exhibit A