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MnDOT Agreement #06820
<br />been sold, and such amounts shall be credited against the amounts due and owing under Section
<br />3.03 upon the ultimate sale of the Grant Recipient's interest in the Real Property and, if
<br />applicable, the Facility. If the Grant Recipient elects to sell its interest in the portion of the Real
<br />Property and, if applicable, the Facility that remains after the condemnation, then such sale must
<br />occur within a reasonable time period from the date the condemnation occurred and the
<br />cumulative sum of the condemnation proceeds plus the proceeds of such sale must be applied in
<br />accordance with the provisions contained in Section 3.03, with the condemnation proceeds being
<br />so applied within a reasonable time period from the date they are received by the Grant
<br />Recipient.
<br />As recipient of any of condemnation awards or proceeds referred to herein, the State Entity
<br />agrees to and will disclaim, assign or pay over to the Grant Recipient all of such condemnation
<br />awards or proceeds it receives so that the Grant Recipient can comply with the requirements
<br />which this Section 6.02 imposes upon the Grant Recipient as to the use of such condemnation
<br />awards or proceeds.
<br />Section 6.03. Use, Maintenance, Repair and Alterations. The Grant Recipient shall
<br />not, without the written consent of the State Entity, permit or suffer the use of any of the Real
<br />Property and, if applicable, the Facility, for any purpose other than the use for which the same is
<br />intended as of the effective date of this Agreement. In addition, the Grant Recipient: (i) shall
<br />keep the Real Property and, if applicable, the Facility, in good condition and repair, subject to
<br />reasonable and ordinary wear and tear, (ii) shall not, written consent of the State Entity, remove,
<br />demolish or substantially alter (except such alterations as may be required by laws, ordinances or
<br />regulations) any of the Facility, if applicable, (iii) shall not do any act or thing which would
<br />unduly impair or depreciate the value of the Real Property and, if applicable, the Facility, (iv)
<br />shall not abandon the Real Property and, if applicable, the Facility, (v) shall complete promptly
<br />and in good and workmanlike manner any building or other improvement which may be
<br />constructed on the Real Property and promptly restore in like manner any portion of the Facility,
<br />if applicable, which may be damaged or destroyed thereon and pay when due all claims for labor
<br />performed and materials furnished therefor, (vi) shall comply with all laws, ordinances,
<br />regulations, requirements, covenants, conditions and restrictions now or hereafter affecting the
<br />Real Property and, if applicable, the Facility, or any part thereof, or requiring any alterations or
<br />improvements thereto, (vii) shall not commit or permit any waste or deterioration of the Real
<br />Property and, if applicable, the Facility, (viii) shall keep and maintain abutting grounds,
<br />sidewalks, roads, parking and landscape areas in good and neat order and repair, (ix) shall
<br />comply with the provisions of any lease if the Grant Recipient's interest in the Real Property
<br />and, if applicable, the Facility, is a leasehold interest, (x) shall comply with the provisions of any
<br />condominium documents if the Real Property and, if applicable, the Facility, is part of a
<br />condominium regime, (xi) shall not remove any fixtures or personal property from the Real
<br />Property and, if applicable, the Facility, that was paid for with the proceeds of the Grant unless
<br />the same are immediately replaced with like property of at least equal value and utility, and (xii)
<br />shall not commit, suffer or permit any act to be done in or upon the Real Property and, if
<br />applicable, the Facility, in violation of any law, ordinance or regulation.
<br />Section 6.04 Records Keeping and Reporting. The Grant Recipient shall maintain or
<br />cause to be maintained books, records, documents and other evidence pertaining to the costs or
<br />Little Caanda GO Bond Proceeds Grant Agreement Ver — 5/06/15
<br />for MnDOT Antiquated Equipment Grants 2 8
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