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ACKNOWLEDGMENT OF TITLE <br />The undersigned hereby acknowledges and accepts the obligations of "Title" under the attached Loan <br />Agreement dated as of , 2017, between Ramsey Station Apartments Limited Partnership and the <br />City of Ramsey. <br />IN FURTHERANCE WHEREOF, the undersigned has hereunto set its hand as of this day of <br />2017. <br />COMMERCIAL PARTNERS TITLE LLC <br />By <br />Its <br />US.113578590.01 <br />