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WALDRON LAW OFFICES, LTD. <br /> JOHN B. WALDRON �e� <br /> ATTORNEY AT LAW P�����'� <br /> SU[TE 103, 1951 CONCORDIA STREET ��' <br /> WAYZATA, MINNESOTA 55391-9320 � �Z � \991 <br /> TELFAx(612)471 8859940 �� Jr J,�;GNO <br /> v <br /> ��� <br /> ALSO ADMITTED TO PRACTICE <br /> IN WISCONSIN <br /> December 23, 1997 <br /> City of Orono <br /> P.O. Box 66 <br /> Crystal Bay, MN 55323 <br /> Re: Proposed replat of Lot 2, Block 1, Hallson Estates <br /> Dear Sir or Madam: <br /> At the request of Michael Hilbelink, I have been requested to issue to you the <br /> following opinion relative to the above matter. <br /> I hereby certify that I have examined the Abstract of Title to the real properry <br /> described below. The Abstract contains 107 entries and was certified to November 30, <br /> 1997, at 7:00 a.m., by Edina Realty Title. <br /> Description (This real property is located in Hennepin County): <br /> Lot 2, Block 1, Hallson Estates <br /> (referred to in this letter as the "Property"). <br /> As a result of my examination, it is my opinion that as of November 30, 1997, at <br /> 7:00 a.m., title to the Property was marketable and was vested in John Hallson, now married <br /> to Linda I. Hallson, subject to the following: <br /> l. A mortgage dated May 9, 1988, and filed May 18, 1988, as Document No. <br /> 5409708 in the Hennepin Counry Recorder's office running in favor of FBS <br /> Mortgage Corporation, a Nevada corporation, to secure an original debt of <br /> $95,000.00. , <br /> Real Propeny Law Specialist, certified by the Minnesota State Bar Association <br />