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M~RTGAGEE'S CONSENT <br /> <br /> The undersigned, William G. Sandis°n and Cmmie M. Sandison, husband and wife, <br />Jerome B. Peterson and Marlys :R. Peters0n, husband and wife, and Ross W. Sandison and Ellen <br />E. Sandison, husband and wife,.(colleetiXrely, the "Mortgages") hold a mortgage on the Property <br />pursuant to a Combination Revolving Credit Mortgage, Security Agreement, Assignment of <br />Rents and Fixture Financing statement w, ith Future Advance Clause dated October 3, 2003 and <br />recorded October 17, 2003 in the office iof the Anoka County Recorder and the office of the <br />Anoka County Registrar of Titles as Ddcument Nos. 1863875 and 449056, respectively (the <br />"Mortgage"). The Mortgagees are executing this Mortgagee's Consent to evidence their consent <br />to Ramsey Town Center, LLC's:exeeution of this Option Agreement and to subject their interest <br />in the Property pursuant to the Mortgages t° the terms of the Option Agreement. <br /> <br />William G. Sandison <br /> <br />Connie M. Sandison <br /> <br />Jerome B. Peterson <br /> <br />Marlys R. Peterson <br /> <br />ROss W. Sandison <br /> <br />Ellen E. Sandison <br /> <br /> <br />