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City of Orono <br />October 5, 1990 <br />Page 3 <br />as Document No. 2049683, in the original <br />principal amount of $30,000.00. <br />6. Assignment of Mortgage Document No. 1982579 in <br />favor of GMAC Mortgage Corporation of Iowa, <br />Waterloo, Iowa dated January 15, 1990, filed for <br />registration on February 15, 1990 as Document <br />No. 2074798. <br />7. Real estate taxes and installments of special <br />assessments due and payable. <br />8. Special assessments and deferred installments <br />thereof, if any, levied or pending against the <br />described property. <br />9. Utility and drainage easements, if any, shown on <br />the recorded plat. <br />10. Those matters not shown by the Condition of the <br />Register as to Certificate of Title No. 704685. <br />All matters not so shown are excepted from this <br />title opinion and include: <br />(a) Rights or encumbrances against the property <br />not required to he shown on the Certificate <br />of Title pursuant to Minnesota Statutes <br />Section 508.25; <br />(b) the rights and claims of persons in <br />possession other than the record owners; <br />(c) matters which an accurate survey of the <br />premises would disclose; <br />(d) mechanics lien claims, if any, where no <br />notice thereof appears of record; <br />(e) general zoning, building and environmental <br />protection laws, ordinances, regulations and <br />restrictions; <br />(f) the presence of hazardous substances, <br />hazardous wastes, pollutants or contaminants <br />not appearing on the Condition of <br />Certificate of Title No. 704685. <br />11. Rights, if any, of John D. McDowell and Laurie D. <br />McDowell in the property pursuant �o a Property <br />Exchange Agreement dated July 22, 1988, by and <br />between Charles N. Hayssen .and Helen F. Hayssen, <br />husband and wife, and John D. McDowell and <br />Laurie D. McDowell, husband and wife. <br />