|
Combination Revolving Credit Mortgage, Security Agreement, Assignment of Rents and
<br />Fixture Financing Statement with Future Advance Clause dated October 3, 2003, filed
<br />October 17, 2003, as Document No. 449056 (Torrens) and filed October 17, 2003, as
<br />Document No. 1863875 (Abstract), executed by Ramsey Town Center, LLC, a
<br />Minnesota limited liability company, as mortgagor, to William G. Sandison, Jerome B
<br />Peterson and Ross W. Sandison, as mortgagee, in the original principal amount of
<br />$990,000.00.
<br />Debt and Lien Subordination Agreement dated February 8, 2006, filed November 17,
<br />2006, as Document No. 489759.001 (Torrens) and filed November 17, 2006, as
<br />Document No. 1989141.001 (Abstract).
<br />6. Satisfaction of the following mortgage or completion of the foreclosure of•the mortgage
<br />set forth in paragraph 3 of this Schedule B - Part I and the completion of the proceeding
<br />subsequent set forth in paragraph 4 of this Schedule B - Part I determining that the
<br />following mortgage has been extinguished by that mortgage foreclosure:
<br />Combination Mortgage, Security Agreement, Assignment of Rents and Fixture Financing
<br />Statement with Future Advance .Clause dated September 2, 2004, filed September 22,
<br />2004, as Document No. 476991 .(Torrens) and September 22, 2004, as Document No.
<br />1958932 (Abstract), executed by Ramsey Town Center, LLC, 'a Minnesota limited
<br />liability company, as mortgagor, to Pentagon Credit, LLC, a Minnesota limited liability
<br />company, as mortgagee, in the original principal amount of $6,000,000.00.
<br />Debt and Lien Subordination Agreement dated February 8, 2006, filed September 20,
<br />2006, as Document No. 489080.004 (Torrens) and filed September 20, 2006, as
<br />Document No. 1987681.006 (Abstract).
<br />7. Completion of the foreclosure of the mortgage set forth in paragraph 3 of this Schedule B
<br />- Part I and the completion of the proceeding subsequent set forth in paragraph 4 of this
<br />Schedule B - Part I determining that any interest under the following instruments have
<br />been extinguished by that mortgage foreclosure:
<br />Debt and Lien Subordination Agreement dated February 8, 2006, filed September 20,
<br />2006, as Document No. 489080.003 (Torrens) and filed September 20, 2006, as
<br />Document No. 1987681.005 (Abstract) by Nedegaard Construction Company, Inc., a
<br />Minnesota corporation, for the benefit of Minnwest Bank Central, a Minnesota state
<br />banking corporation and Ramsey Town Center LLC.
<br />Debt and Lien Subordination Agreement dated February 8, 2006, filed September 20,
<br />2006, as Document No. 489080.005 (Torrens) and as Document No. 1987681.007
<br />(Abstract) by Glenn Rehbein Excavating, Inc.
<br />Debt and Lien Subordination Agreement by URS Corporation dated February 8, 2006,
<br />filed September 20, 2006, as Document No. 489080.002 (Torrens) and as Document No.
<br />1987681.004 (Abstract).
<br />3
<br />
|