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r <br />This right of deferment is automatically terminated in collection year 2003 or upon the <br />occurrence of any one or more of the following conditions, whichever may occur first: <br />1 . The owner dies and the spouse is not otherwise eligible. <br />2. The property or any part thereof is sold, transferred, or subdivided; <br />3. The property should lose its homestead status; or <br />4. If for My reason the City determines that there would be no hardship to require <br />immediate or partial payment. <br />Adopted by the City Council of the City of Orono, Minnesota this 1 3th day of October, 1997. <br />ATTEST: <br />Gabriel Jabbour, Mayor <br />Dorothy M. Hallin, City Clerk <br />J