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MORTGAGEE'S CONSENT <br />The undersigned, William G. Sandison and Connie M. Sandison, husband and wife, <br />Jerome B. Peterson and Marlys R. Peterson, husband and wife, and Ross W. Sandison and Ellen <br />E. Sandison, husband and wife, (collectively, the "Mortgages") hold a mortgage on a portion of <br />the Subject Property pursuant to a Combination Revolving Credit Mortgage, Security <br />Agreement, Assignment of Rents and Fixture Financing Statement with Future Advance Clause <br />dated October 3, 2003 and recorded October 17, 2003 in the office of the Anoka County <br />Recorder and the office of the Anoka County Registrar of Titles as Document Nos. 1863875 and <br />449056, respectively (the "Mortgage"). The Mortgagees are executing this Mortgagee's Consent <br />to evidence their consent to Ramsey Town Center, LLC's execution of this First Amendment and <br />to subject their interest in the Subject Property pursuant to the mortgage to the terms of the First <br />Amendment. <br />illiam G. andison <br />Connie M. Sandi <br />ev fiiie B. Peterson <br />Marlys R. terson <br />andison <br />en E. Sandison <br />31 <br />