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city of Orono <br />September 17, 1990 <br />Page 2 <br />subject to the following: <br />1. Mortgage in favor of Investors Savings Bank, F.S.B., <br />Minnetonka, Minnesota, dated May 28, 1986, filed for <br />registration. on June 20, 1986 as Document No. 1733085, <br />in the original principal amount of $125,000.00, as <br />corrected by Corrective Mortgage in favor of Investors <br />Savir.ls Bank, F.S.B., Minnetonka, Minnesota, dated May <br />`,b: 1986, filed for registration on December 16, 1986 as <br />Document No. 1785062 to correct Mortgage Document No. <br />1733085. <br />2. Declaration dated June 17, 1987, :ilea or registration <br />on July 30, 1987 as Document No. 1857047, creating <br />covenants, conditions, restrictions and reservations. <br />3. Declaration dated August 5, 1987, filed for registration <br />on September 17, 1987 as Document No. 1872448, creating <br />a restrictive covenant. <br />4. Mortgage in favor of Ridgedale State Bank, Minnetonka, <br />Minnesota dated February 8, 1988, filed for registration <br />February 17, 1988 as Document No. 1909163, in the <br />original principal amount of $99,000.00. <br />5. Declaration dated February 9, 1989, filed for <br />registration on February 10, 1989 as Document No. <br />1993868, creating a restrictive covenant on other land <br />for the benefit of the described property. <br />6. Real estate taxes and installments of special assessments <br />payable in the year 1990, if not yet paid. <br />Note: Second half taxes are not due until October 15, <br />1990. <br />7. Spec.i ,sessm-rits and deferred installments tt,areof, <br />if at _evied or pending against the described pro- <br />perty. <br />P. 3uilding and zoning laws and regulations and other laws, <br />regulations and ordinances directly or indirectly <br />affecting the use of the described property. <br />9. Facts that would be disclosed by an accurate survey of <br />the described property. <br />2 <br />