Laserfiche WebLink
Schibillas shall not be entitled to any compensation from the City <br />in such event. <br />2. By its execution of this Agreement, the City shall not <br />relinquish any of its existing rights and interests in the <br />easements, nor shall it relinquish its right to contest any future <br />legal proceeding which may attempt to vacate or otherwise <br />terminate the City's rights and interests in the easements. <br />3. If the Schibillas obtain a determination from a court of <br />competent jurisdiction that the Easements no longer affect the <br />Property, the City agrees to execute and deliver to Schibillas <br />such document as may be required to terminate this Agreement. <br />4. This Agreement shall be binding upon and inure to the <br />benefit of the parties, their successors and assigns and the <br />covenants of the Schibillas shall run with the Property. <br />5. Contemporaneously with the execution of this Agreement, <br />Schibillas shall deliver owners duplicate Certificate of Title No. <br />506209 to the City and to permit the City to record this Agreement. <br />IN WITNESS WHEREOF, the parties have hereunto set their hands <br />the date and year first -above written. <br />CITY% OF ORONO <br />` MayV <br />D Wayne ills <br />Connie L. &rYibilla <br />STATE OF MINNESOTA) <br />ss. <br />COUNTY OF HENNEPIN) <br />The ipregoing instrument was acknowledged before me --his�E( <br />day of 1988, by James R. Grabek, Mayor of the <br />City of Orono on behalf of said City. <br />-------------- <br />1 <br />L1IURIE K SCHEFfLER <br />4. rOTAH 1VLLK — MIMMSOIA <br />KNNMN COUNTY No ary Public <br />_�.«;r My "mwniu+on •xpirts6.8•93 <br />-11 <br />- 2 - <br />