CONSENT AND RECOGNITION AGREEMENTConsent and Recognition Agreement • June 23rd, 2021 • Minnesota
Contract Type FiledJune 23rd, 2021 Jurisdictionis made as of [ ], 2021 by and among SCANNELL PROPERTIES #486, LLC, a Delaware limited liability company (“Borrower”), having its principal place of business at 8801 River Crossing Boulevard, Suite 300, Indianapolis, Indiana 46240, KREOCS LENDING II LLC, a Delaware limited liability company (“KREOCS Lender”) and KREF LENDING III LLC, a Delaware limited liability company (“KREF Lender”, together with KRECOS Lender and each of their respective successors and assigns, collectively, “Lender”), each having an address at 30 Hudson Yards, Suite 7500, New York, New York 10001 and CITY OF ARDEN HILLS, a Minnesota municipal corporation (“City”), having an address at 1245 West Highway 96. Arden Hills, Minnesota, 55112.