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ISSUED BY <br /> COMMERCIAL PARTNERS TITLE, LLC <br /> AS AGENT FOR <br /> CHICAGO TITLE INSURANCE COMPANY <br /> COMMITMENT NUMBER 52156 <br /> SCHEDULE B - PART II <br /> EXCEPTIONS <br /> (Continued) <br /> 13. Mortgage dated March 29, 2006, filed April 12, 2006, as Document No. 1983577.010, executed by Vanak, <br /> LLC, mortgagor, in favor of Northeast Bank, a Minnesota corporation, mortgagee, to secure the original <br /> principal amount of$701,505.80. <br /> Assigned to Athans Company, an Illinois general partnership, by Assignment of Promissory Note, <br /> Mortgage and Loan Documents dated December 10, 2008, filed December 15, 2008, as Document No. <br /> 2004433.006. <br /> Subordinated by Subordination Agreement dated December 10, 2008, filed December 15, 2008, as <br /> Document No. 2004433.007. <br /> 14. Mortgage dated July 31, 2006, filed August 15, 2006, as Document No. 1986822.004, executed by Vanak, <br /> LLC, mortgagor, in favor of Northeast Bank, a Minnesota corporation, mortgagee, to secure the original <br /> principal amount of$150,000.00. <br /> Assigned to Athans Company, an Illinois general partnership, by Assignment of Promissory Note, <br /> Mortgage and Loan Documents dated December 10, 2008, filed December 15, 2008, as Document No. <br /> 2004433.005. <br /> Subordinated by Subordination Agreement dated December 10, 2008, filed December 15, 2008, as <br /> Document No. 2004433.007. <br /> 15. Easement for telephone lines in favor of Northwestern Bell Telephone Company as created in instrument <br /> dated September 23, 1963, filed September 24, 1963, as Document No. 252668, in Book 610, Page 252. <br /> 16. Terms and conditions of matters disclosed in Affidavit filed May 17, 1994, as Document No. 1115910. <br /> 17. Terms and conditions of matters disclosed in Affidavit filed May 17, 1994, as Document No. 1115911. <br /> 18. Drainage and utility easements as shown on the recorded plat of Sunfish Commons. <br /> 19. Right of access dedications to Anoka County and the State of Minnesota as shown on the recorded plat of <br /> Sunfish Commons. <br /> 20. Right of way of Trunk Highway No. 10 as shown on State Trunk Highway 10 Official Map filed May 28, <br /> 2004, as Document No. 1927049. <br /> 21. Terms and conditions of Development Agreement dated August 9, 2001, filed October 16, 2002, as <br /> Document No. 1720136, by and between the City of Ramsey, a Minnesota municipal corporation, and <br /> Sunfish Properties, LLC. <br /> 22. Terms and conditions of Declaration of Access, Utility and Operating Easement dated October 28, 2002, <br /> filed October 29, 2002, as Document No. 1724904, by Sunfish Properties, LLC, a Minnesota limited <br /> liability company. <br /> ALTA Commitment 52156 <br /> Schedule B-Part 11 (6-17-06) <br />