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HomeMy WebLinkAboutrelease/developers agrement III III Doc Ab TOS1300lf3 Certified,fled and/or recorded on Nov 1,20131200 PM Offloe of the Registrar of Titles Hennepin County,Minnesota Martin McCormick,Registrar of Titles Mark V.Chapin,County Auditor and Treasurer Deputy 84 Pkg ID 1060009D Doc Name:Release Document Recording Fee $48.00 Document Total $48.00 Existing Cert New Certs 1045794 z This cover sheet is now a permanent part of the recorded document. v r Q db RELEASE Custom Home Sidra Title This Release,made flus ey!day of October,2013,by the City of Orono,a municipal corporation organized under the laws of the State of eta(the"City',is based on the fallowing facts: A. In connection with the subdivision of real property legally described as Lots 1,2 and 3,Vasa Park,Hennepin County,Minnesota(the"Property')pursuant to the plat of Richie Addition(the"Plat),the City and Alfred P.Richie and Marilyn A.Richie("Developers') entered into a Developer's Agmemsnt,dated January 4,2000,that was recorded in the office of the Registrar of Titles in and for Hennepin County,Minnesota on May 12,2000 as Document No.3278961 (dw"Developer's Agreement'j,and entered as a memorial on Certificate of Title No. 1045794 in the office of said Registrar of Titles, covering Lots 1,2 and 3,Block 1,Richie Addition. B. Developers have performed all of their obligations under the Developer's Agreement,and there is no longer any need for title to any of the lots in the Plat to be subject to the Developer's Agreement. NOW,THEREFORE,in consideration of the facts stated above,the City hereby agrees that Lots 1,2 and 3,Block 1,Richie Addition,Hennepin County,Minnesota,are hereby released from all liens,encumbrances and obligations under the Developer's Agreement,and the Registrar of Titles of Hennepin County,Minnesota is hereby requested and directed to delete the memorial of the Developer's Agreement from all future Certificates of Title for any of the lots in the PIAL (end of page 1;signature page follows) r IN WITNESS WHEREOF,the City has caused this Agreement to be duly executed as of the day and year first above written. CITY OF ORONO By: JLe Its: Mayor —- By: ��t.R.Ale /;%ve Its: City Clerk STATE OF MINNESOTA ) } ss. COUNTY OF HENNEPIN ) ¢ The fore oing ic>etrument was acknowledged efore me this r�1_-day of October,2013, by G/7?c!!tet ,the Mayor and by the city Clerk of the City of Orono,a municipal corporationorganized under the laws Of the State of Minnesota,on behalf of the municipal corporation. �esseaos I�NICA A FADISS Signdture of Notary Public or Other Official NOTARY PISLIC-MMN�40TA hM CamYtdon EgiKe Jr 31,I017 THIS INSTRUMENT WAS DRAFTED BY: MOSS&BARNETT(ILW) A Professional Association 4800 Wells Fargo Center 90 South seventh Street Minneapolis,MN 55402-4129 Telephone: (612)877-5000 24053s32 2 ..._..........