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CITY OF (I OW <br />August 28, 1961 <br />Page Two <br />2. Itie mortgage from said free owners to First National bank of <br />Wayzata, a Minnesota corporation dated August 25, 1972, filed August 31, <br />1972, Document No. 1043957, which mortgage was given to secure the principal <br />sum of $8,000.00 <br />3. A Contract for Deed fznn said fee owner to James K. McCleary, dated <br />April 14, 1973, filed November 8, 1978, Document No. 1302864 which mortgage <br />was given to secure the principal balance of $68,000.00. <br />Such ownership is subject to the following: <br />a. Rights, if any, of the parties in possession jother than said <br />owner; <br />b. Mechanic's lien rights, if any, for recent improvements upon <br />said premises or property connected therewith; <br />c. Special assessments, if any, which may be levied upon said premises; <br />d. Public zoning, building, or environmental ordinances and <br />regulations; <br />e. Matters which an accurate survey of the property would disclose. <br />We are forwarding a copy of this opinion to James K. McCleary. WLe will <br />retain the Registered Property Abstract in our file. <br />-.Youri) very truly, <br />N. <br />JNG/ejw <br />cc: James K. McCleary <br />