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Attention: Gregory L. Mast <br />2415 E. Camelback Road, Suite 455 <br />Phoenix, Arizona 85016 <br />Facsimile: 602-840-3342 <br />5. The statements contained herein may be relied upon by Seller, Buyer and Lender and <br />their respective successors and assigns. This Estoppel Certificate shall be binding on the City and its <br />successors and assigns. <br />The undersigned is duly authorized to execute this Estoppel Certificate as of this day of <br />, 2015. <br />CITY OF RAMSEY, MINNESOTA, BOTH <br />FOR ITSELF AND AS SUCCESSOR -IN - <br />INTEREST TO THE HOUSING AND <br />REDEVELOPMENT AUTHORITY IN AND <br />FOR THE CITY OF RAMSEY, <br />MINNESOTA <br />By <br />Its Mayor <br />By <br />Its City Administrator <br />6 <br />6911974v4 <br />