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c , <br /> (reserved for recording in�'or�atlon) <br /> GRANT OF PERMANENT <br /> FLOWAGE AND CONSERVATION EASEMENT <br /> AND RESTRICTIVE COVENANT FOR WETLANDS <br /> This Gra�t of Permanent Flowage and Conservation Easement and Restrictive Covenant for <br /> Wetlands(the "Agreement")made this_j�day of 2015,by SOURCE LAND <br /> DEVELOPMENT,II�iC.,a South Dakota corporation{" tor'�,in favor of the CITY OF <br /> ORONO,a Minnesota municipal corporation("City'�. <br /> WITNESSETH: <br /> The Grantor,in consideration of good and valuable consideration paid by the City,the <br /> receipt and sufficiency of wluch is hereby acknowledged,hereby creates and grants unto the City a <br /> permanent easement for wetland flowage aad conservation purposes over,under,on and a�ross the <br /> land within the City of Qrono,County of Hennepin, State o€Minnesata,which is legally described <br /> on Exhibit"A" attached hereto(the"Easement Premises"},all as set forth in this AgreemenL <br /> The Easement Premises is part of residential community within the City of Orono, <br /> Minnesota(the"Cl�+"�,kIIOWh AS"Lakeview" ��le"COri1TY111tI1t}+"�. Tlle COrilrilUril�/15 <br /> comprised of all of the reai property within the plat of LAKEVIEW OF ORO?�i0,Hennepin <br /> County,Minnesota{the"P1aY'). T'he Grantor is the owner of Easement Premises and al!of the <br /> other real property within the Plat. The Community is intended to consist of forty-six single <br /> family residential home lots(individually a"Lot,"and collectively the"Lots"),and related <br /> common elements(the"Common Elements"), all being subject to the Declaration of Covenants, <br /> Conditions,and Restrictions of Lakeview(the"Declaration")to be recorded against all of the <br /> real property within the Plat in the office of the Registrar of Titles in and for Hennepin County, <br /> Minnesota The Community will be administered and operated by Lakeview Owners <br /> Association(the"Association'�,a Minnesota nonprofit corporation; <br /> The Grantor,its successors and assigns,hereby covenants and agrees as follows: <br /> 804979.v4 <br />