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• <br /> , , a"i <br /> WHEREAS, said above property is subject to a certain first mortgage dated <br /> November 22, 1976 running in favor of JAMES U. 11cii41tAN. ee <br /> WIiE:XL•AS, 'Windward Marine Inc. , a corporation owned by J/diLS P. I:IVEKG has a <br /> twenty-five (25) year lease which expires in 1998 together witu a first option <br /> to purchase the property described as follow::: <br /> That part of Government Lot 1, Section 11, Township 117, 1• ` <br /> Range 23, described as commencing at the meander corner <br /> on the North line of said Government Lot 1; thence South <br /> 10 degrees Epst (assuming the North line of said Govern- <br /> ment Lot 1 as bearing East and west) a distance of 828.27 ee <br /> feet to the actual point of beginning; thence North b1 <br /> degrees 48 minutes East to the snore of Lake lll.nnetonka; <br /> , thence Southeasterly along said shore 60 feet, more or i <br /> less, to an intersection with a line bearing North 67 <br /> degrees 48 minutes East from a point which is on a line <br /> bearing South 10 degrees East and distant b1.39 feet from ; .. <br /> the actual point of beginning; thence South 67 degrees <br /> 48 minutes West to the shore of Tanager Lake (formerly u. <br /> Mud Lake); thence Northwesterly along the shore of Tanager <br /> Lake to an intersection wi.tn a line t+_arieg Soutn 67 degrees , <br /> 48 minutes lest from the actual point of beginning; thence <br /> North 67 degrees 48 minutes East to the actual point of <br /> beginning, according to the Government Survey thereof. <br /> I <br /> ' Parcel 1 : <br /> • ,} That part of Government Lot 1, Section 11, Township 117, <br /> i Range 23, described as commencing at the meander corner <br /> ,,: , on the North line of said Government Lot 1; thence South <br /> 10 degrees East (assuming the North line of said Govern- 5` <br /> went Lot 1 as bearing East and West) a distance of 764.88 <br /> ''i" feet to the actual point of beginning; thence North 67 <br /> degrees 48 minutes East to the shore of Lake Itinnttonka; '! <br /> thence Southeasterly along said shore to its intersection <br /> . ee <br /> • with a line bearing Norte: 67 deselects 48 minutes East from <br /> • a point which is on a line bearing South 10 degrees East <br /> and distant 61.39 feet from the actual point of beginning; <br /> thence South 67 degrees 4b minutes West to the shore of <br /> ' Tanager Lake (formerly Mud Lake); thence Northwesterly <br /> e . along the shore of Tanager Lake to its intersection with <br /> a line bearing South 67 degrees 48 minutes West from the <br /> actual point of beginning; thence North b7 degrees 4b <br /> minutes East to the actual point of beginning. <br /> 1 <br /> P <br /> Parcel 2: <br /> That part of Government Lot 1, Section 11, Township 117, <br /> Range 23, described as commencing at the meander corner <br /> r on the North line of said Government Lot 1; tnence South <br /> di 10 degrees East (assuming the North line of said Govern- <br /> ment Lot 1 as bearing Last) a distance of 585.84 feet to <br /> the point of beginning of the land to be described; thence <br /> continuing South 10 degrees East a distance of 61.39 feet; <br /> ' thence North 67 degrees 48 minutes East to the shore lane <br /> of Lake Minnetonka; thence Northwesterly along saia shore t <br /> line to the intersection with a line bearing North 67 degrees <br /> 48 minutes East from the point of oe inning, thence South =4 <br /> • <br /> 67 degrees 4e minutes West to tho point of beginning. - ' <br /> j,, <br /> a, <br /> 2 e% <br />