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Page 2 <br />SUBDIVISION <br />2340 Fox Street <br />#278 <br />William Kellev flowage and conservation easement <br />AND WAIVER OF DAMAGES <br />THIS INDENTURE, made and entered into this 10day of November, <br />1977, by and between William S. Kelley, Jr., a single person, his successors <br />and assigns (herein collectively referred to as the "Grantor") and the City <br />of Orono, its successors and assigns, a municipal corporation under the laws <br />of the State of Minnesota (herein referred to as the 'Grantee"). <br />WITNESSETH, Grantor, for and in consideration of the sum of One <br />Dollar and other good and valuable consideration, hereby covenants, grants, <br />gifts, quit claims and conveys to Grantee the right to restrict and Grantor <br />agrees to limit and preclude the use, improvement and development, under the <br />conditions and covenants herein contained of the following described Land <br />in the County of Hennepin and State of Minnesota: <br />That part of Lot 3, Block 1, Bill Kelley's Land, described as <br />beginning at a point on the east line of said Lot 3, 517 feet <br />south of the northeast comer thereof; thence north 0® 50'^' <br />west to the northeast corner of said Lot; thence south 89® 46 <br />01" west along the north line of said Lot, 298 feet; thence <br />south 4® 14' east, 384 feet; thence south 64® 06' 01" east, <br />304.08 feet to the point of beginning. <br />Also that part of Lot 4, Block 1, Bill Kelley's Land, de­ <br />scribed as beginning at a point on the north line of said <br />Lot 3, 77 feet east of the northwest comer thereof; thence <br />south 89® 46* or west to said northwest comer; thence south <br />0® 25' 50" east, along the west line of said Lot, 517 feet; <br />thence south 83® 06' east, 44 feet; thence north 3® 13' 25" <br />east, 523.41 feet to the point of beginning. <br />Also that part of Lot 4, Block 1, Bill Kelley's Land, de­ <br />scribed as beginning at a point on the east line of said <br />Lot 4, 310 feet south of the northeast comer thereof; <br />thence south 0® 25* 50" east along said east line, 182 <br />feet; thence south 82® 04' 23" west, 274,01 feet; thence <br />north 3" 13' 25" east, 116 feet; thence north 68® 28' 03" <br />east, 283.27 feet to the point of beginning. <br />as follows: <br />1.Grantor hereby covenants and agrees: <br />A. No structures shall be constructed, erected, or placed upon, above, <br />or beneath the Land including without limitation, fences, fireplaces, steps, <br />docks, piers, hard-cover or roads of any nature whatsoever, or any other struc­ <br />ture or improvement inconsistent with the natural state of the Land. <br />B. No trees, shrubs or other vegetation shall be destroyed, cut or <br />removed from the Land except as authorized by written consent of Grantee. <br />C. No earth, loam, peat, gravel, soil or any other natural material <br />or substance shall be moved or removed from the Land and there shall be no <br />dredging or excavation of any nature whatsoever or any change of the topo­ <br />graphy of the Land without the written consent of Grantee.