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FOURTH AMENDMENT TO PURCHASE AGREEMENT <br />This Fourth Amendment to Purchase Agreement dated this day of August, <br />2011 by The Housing and Redevelopment Authority in and for the City of Ramsey, <br />Minnesota, a public body politic and corporate under the laws of the State of Minnesota <br />("Seller"), the City of Ramsey, Minnesota, a home rule charter city organized and <br />existing under the constitution and laws of the State of Minnesota ("City") and F&C <br />Ramsey, LLC, an Indiana limited liability company ("Buyer"). <br />WHEREAS, the following facts are true: <br />A. The Seller, the City and the Buyer have previously entered into that <br />certain "Purchase Agreement For The Portions of Lot 1, Block 1, Lot 2, Block 1 and <br />Outlot A, Ramsey Town Center 5th Addition To Be Replatted As Lot 3, Block 1, COR <br />ONE," as amended by that certain undated First Amendment to Purchase Agreement, that <br />certain Second Amendment to Purchase Agreement dated May 16, 2011 and that certain <br />Third Amendment to Purchase Agreement dated , 2011 (collectively, the <br />"Purchase Agreement"). <br />B. The parties now wish to amend the Purchase Agreement to provide <br />additional time for completion of one contingency. <br />NOW THEREFORE, for good and valuable consideration, the receipt and <br />sufficiency of which are hereby acknowledged, the Seller, the City and the Buyer agree: <br />1. Paragraph 14 of the Purchase Agreement is modified to extend the <br />contingency exercise date for Paragraph 14(f) from August 15, 2011 to and including <br />November 1, 2011. <br />2. Except as specifically modified herein, the Purchase Agreement is ratified <br />and confirmed in all respects. <br />Executed as of the date first above written. <br />(Signature pages follow) <br />4168212v1 <br />