SOUTHBRIDGE ESTATES

CONSENT AND JOINDER BY MORTGAGEE

            _________________________________________, a _______________ corporation (the "Mortgagee"), is a mortgagee of portions of real property described in the Declaration of South Bridge Estates (the "Declaration") by certain Mortgage recorded in the office of the __________ County Recorder as Document No. _________________ (the "Mortgage").  Mortgagee hereby consents to and joins in this Declaration; provided, that by consenting to and joining in this Declaration, the Mortgagee does not in any manner constitute itself or obligate itself as a Declarant as defined in the Declaration nor does such consent and joinder modify or amend the terms and conditions of the Mortgage and other loan documents executed and delivered by Declarant to Mortgagee; and provided further that the Mortgage shall be and remain as a lien on the property described therein, prior to any Assessment liens or other liens imposed under the Declaration, until released or satisfied.

IN WITNESS WHEREOF, the Mortgagee has caused this Consent and Joinder to be executed on the ___ day of __________, 20___.

__________________________________________

a _____________________ corporation

                                                                                                                                            By:

                                                                                                                                            Its:

                                                    

STATE OF MINNESOTA               )

                                               )  ss.

COUNTY OF _________              )

 

            The foregoing instrument was acknowledged before me this        day of                , 20__, by                              , the                        of ___________________________, a ___________________ corporation, on behalf of said corporation.

                                                                                   

Notary Public
 
 
 

SOUTHBRIDGE ESTATES

CONSENT AND JOINDER BY MORTGAGEE

_________________________________________, a _______________ corporation (the "Mortgagee"), is a mortgagee of portions of real property described in the Declaration of South Bridge Estates (the "Declaration") by certain Mortgage recorded in the office of the __________ County Recorder as Document No. _________________ (the "Mortgage"). Mortgagee hereby consents to and joins in this Declaration; provided, that by consenting to and joining in this Declaration, the Mortgagee does not in any manner constitute itself or obligate itself as a Declarant as defined in the Declaration nor does such consent and joinder modify or amend the terms and conditions of the Mortgage and other loan documents executed and delivered by Declarant to Mortgagee; and provided further that the Mortgage shall be and remain as a lien on the property described therein, prior to any Assessment liens or other liens imposed under the Declaration, until released or satisfied.

IN WITNESS WHEREOF, the Mortgagee has caused this Consent and Joinder to be executed on the ___ day of __________, 20___.

__________________________________________

a _____________________ corporation

                                                                                                                                            By:

                                                                                                                                            Its:

STATE OF MINNESOTA               )

                                               ) ss.

COUNTY OF _________              )

The foregoing instrument was acknowledged before me this day of , 20__, by , the of ___________________________, a ___________________ corporation, on behalf of said corporation.

Notary Public