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City of Orono, Minnesota <br />Pace No. 2 <br />January 19, 1978 <br />3. <br />4. <br />5. <br />6. <br />7. <br />8. <br />9. <br />10. <br />11. <br />NOTE: <br />Interests of The Farm at Long Lake, a Minnesota general <br />partnership, John M. Hartwell and Timothy Adams, sole general <br />partners, under an unrecorded Contract for Deed dated <br />August 25, 1977, In the original principal amount of <br />$130,000. Said interests extend to the land described in Ex­ <br />hibit A, except the land described in Exhibit B. \'e under­ <br />stand that upon filing of the plat for the subdivision The <br />Farm at Long Lake, Timothy and Mary S. Adams will quitclaim to <br />the partnership The Farm at Long Lake all rights to land in the <br />subdivision and, in exchange, will receive Lot 15 of the subdi­ <br />vision, which is the Adams homestead. <br />Highway Easement in favor of the County of Hennepin, dated <br />July 3, 1954 and filed August 25, 1954 as Document No. 432938. <br />Said casement is along the northerly boundary of Parcel 2, <br />Exhibit A. <br />Hennepin County State Aid Highway Number 6, Plat 5, dated <br />September 1, 1970 and filed September 1, 1970 as Document <br />No. 976842. Said plat relocates the highway easement along <br />the northerly boundary of Parcel 2, Exhibit A. <br />Real estate taxes payable in the year 1978 in an amount which <br />is not yet available. <br />Special assessments and deferred installments thereof, if any, <br />heretofore levied a-isinst the described property, prepayment of <br />which is not yet in'yrceable. <br />Building and zoning laws and regulations. <br />You should assure yourself that improvements are located on the <br />described property and that there are no encroachments thereon. <br />You are, of course, charged with the rights of parties in possession, <br />whether as tenants or otherwise, and of materialmen and laborers <br />who have furnished material and performed work on the described <br />property within the last ninety (90) days. <br />The Owner's Duplicate Certificate of Title is in our possession. <br />Proceedings Subsequent to the Initial Registration of Land (Case <br />No. A—18958)were commenced on January 25, 1978 to amend the legal <br />descriptions in Exhibit A as follows: <br />a.To the end of the legal description for Parcel 1 add <br />"a part of the north line is monumented by Judicial <br />Landmarks fset in Torrens Case No. 12396.