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20. TIME OF THE ESSENCE. Time shall be of the essence with respect to the <br />performance by the parties of their respective obligations hereunder. <br />21. MINNESOTA LAW. This contract is governed by the laws of the State of Minnesota. <br />22. NOTICES. Any notice which may be or is required to be given pursuant to the <br />provisions of this Agreement shall be given in writing and shall be effective for all purposes if <br />hand delivered or sent by: (a) personal delivery; or (b) by nationally recognized commercial or <br />United States Postal Service overnight prepaid courier service, with proof of delivery; or (c) by <br />certified or registered United States mail, postage prepaid, each addressed as follows (or at such <br />other address and person as shall be designated from time to time by any party hereto in a written <br />notice delivered to the other parties in the manner provided for in this section): <br />Seller: Clifford Otten <br />If by courier or personal delivery: <br />2350 West Wayzata Boulevard <br />Long Lake, Minnesota 55356 <br />If by mail: <br />Box 249 <br />Long Lake, Minnesota 55356 <br />Copy to: Christopher J. Pierson <br />Sanford, Pierson, Thone & Strean, PLC <br />1905 East Wayzata Boulevard <br />Suite 220 <br />Wayzata, Minnesota 55391 <br />Purchaser: City of Orono <br />P.O. Box 66 <br />Crystal Bay, Minnesota 55323 <br />Attn: City Administrator <br />Copy to: Campbell Knutson, P.A. <br />Grand Oak Office Center 1 <br />860 Blue Gentian Road, Suite 290 <br />Eagan, Minnesota 55121 <br />Attn: Andrea McDowell Poehler <br />23. SIGNATURES BY COUNTERPARTS/FACSIMILE. This Agreement may be <br />executed in counterparts. Signatures may be transmitted via facsimile or in "PDF" format via e- <br />mail. <br />[The remainder of this page intentionally left blank Signature pages and Exhibits follow.] <br />9 <br />181815v6 <br />