COLLATERAL ASSIGNMENT OF TIF NOTECollateral Assignment of Tif Note • January 21st, 2021 • Minnesota
THIS COLLATERAL ASSIGNMENT OF TIF NOTE (“Assignment”) is made and entered into as of the [1st] day of [February], 2021, by and between SILVER LEAF DEVELOPER, INC. a [South Dakota] corporation (the “Borrower”), SILVER LEAF GROUP, LLC, a South Dakota limited liability company (the "Company"), SILVER LEAF LODGING GROUP, LLC, a South Dakota limited liability company (the “Developer”), and GLENWOOD STATE BANK, a Minnesota banking corporation (the “Lender”).
