Refunding of development agreement/Zoning Permit escrow aggreement

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Zentiv Te # 2-0(2,-00900 it wOvd' Wt&I-. PARCEL 1 That part of the Southeast Quarter of the Southeast Quarter of Section 35, Township 118 North, Range 23 West of the 5"' Principal Meridian, described as follows: • Beginning at a point on the West line of said Southeast Quarter of the Southeast Quarter, 29.7 feet North-of the Northeasterly line of the right of way of the Great Northern Railway Company; thence North along the West line of said Southeast Quarter of the Southeast Quarter to the South line of the right of way of the Electric Short Line Railway Company; thence Easterly along the South line of said Electric Short Line Railway Company to the Southwesterly line of State Highway 12, formerly No. 10; thence Southeasterly along said Southwesterly line of said Highway to a.point distant 385 feet measured at right angles from the South line of Section 35;thence Westerly parallel with and distant 385 feet, measured at right angles from the South line of said • Section 35, a distance of 1011.05 feet to the point of beginning. Excepting therefrom that part of the above described property as is contained in Document No. 3964258 Hennepin County Recorder's Office. And further excepting therefrom that part of the South Half of the Southeast Quarter of Section 35, Township 118 North, Range 23 West, shown as Parcel 97 on Minnesota Department of Transportation Right of Way Rat Numbered 27-134 as the same is on file and of record in the office of the County Recorder in and for Hennepin County, Minnesota.. PARCEL 2 All-that part of the Southwest Quarter of the Southeast Quarter of Section 35, Township 118, Range 23 lying South of the Southeasterly right of way line of the Electric Short Line Railway Company and Northeasterly of the Northeasterly right of way line of the Great Northern•Railway Company: Excepting therefrom that part of the South Half of the Southeast Quarter of Section 35, Township 118 North, Range 23 West, shown as Parcel 97 on Minnesota Department of Transportation Right of Way Plat Numbered 27-134 as the same is on file and of record in the office of the County Recorder in and for Hennepin • County, Minnesota. [ABSTRACT PROPERTY]