Laserfiche WebLink
J-2 -7Sr <br />AMOft &. OCINAOO <br />MCLVIN H S'lOGL <br />S'OMCV tOOOCM <br />S'ONCV BAMMOmtS <br />mamolo o r It I o. j». <br />AliCN I %ACKS <br />morris m Sh CRMAN <br />GtOROC RCILCT <br />MiCHACi. A SWlRNO^r <br />O AVI ON COM <br />STCRMCN R PrtAUM <br />CHARtCS A. MAYS <br />NANCYC OHCHCR <br />LOWCLt J NOTCBOOM <br />OCOROC r. McOUNNiOLC. JR. <br />rRtORiC T. ROSCNQLATT <br />STCVCN O.DIRUYTCR <br />GAw orricrs <br />LEONARD, STREET AND DEINARD <br />l?00 national city bank auiLOiNO <br />sio mapoucttc avcnuc <br />MINN TAPOLIS. MINNCSOTA 5 5 <4 O 2 <br />TCtCPHONC (012) 339* i?00 <br />CABLC ADORCSS ^ltONO** <br />January 25, 1978 <br />STCPmCN J. DAVIDSON <br />StCPl^CN R (.IfMAN <br />OAVIO C 7ALM <br />COiAAflOH MOCRSrrLOCR <br />ROeCRT ICVYIS barrows <br />CLOON J. SRCNCLR. JR. <br />HUGH M MAVNARO <br />M PATRICIA scHArrcR <br />MICHACL a . NCKICH <br />O Rf. GORY L. OAHt <br />GCORGC B tCONARO (iB?2*lBSBI <br />ARTHUR L.H.STRCLT (ISTT-IBBI) <br />BCNCOiCT OCINARO iRAB) <br />09 COUASCi <br />IRtNC SCOTT <br />City of Orono, Minnesota <br />Attn: Bruce Malkerson, Esq. <br />c/o Popham, Haik, Schnobrich, Kaufean & Doty <br />A344 IDS Center <br />Minneapolis, Minnesota 55402 <br />Re: The Farm at Long Lake <br />Gentlemen: <br />We have examined title to that certain land situate in the County of Hennepin, <br />State of Minnesota and described in Exhibit A hereto, by aid of a Registered <br />Property Abstract covering Certificate of Title No. 472405, dated December 30, <br />1971, and originally registered August 19, 1931, and last certified to by Title <br />Insurance Company of Minnesota on December 21, 1977 at 7:00 a.m. <br />Based upon examination of said Registered Property Abstract and upon the files <br />and records in said County and State, it is our opinion that title in fee on <br />December 21, 1977 was vested in <br />JOHS M. HARTWELL, a married person, subject to the following: <br />1.Mortgage and Assignment of Rents, Profits and Sales Proceeds, <br />in favor of First National Bank of Minneapolis, a national <br />banking association, dated August 25, 1977 and filed August 31, <br />1977 as Documents Nos. 1235285 and 1235286, to secure a debt in <br />the original principal amount of $125,000. <br />2.Interests of Timothy Adams and Mary S. Adams as lessees and op­ <br />tionees under an unrecorded lease with option to purchase dated <br />June 28, 1969 and an extension and modification thereof in a <br />Memorandum of Lease dated August 31, 1972 and filed September 14, <br />1977 as Document No. 1237292. Said interests extend to the land <br />described in Exhibit B (which land is withir& the land described <br />in Exhibit A) and to a driveway easement over land not within the <br />land described in Exhibit A.