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Seller: WAIVER OF SELLER'S DISCLOSURE REQUIREMENTS FOR RESIDENTIAL REAL PROPERTY AND HOLD HARMLESS AGREEMENT ( "Waiver and Hold Harmless Agreement ") FANNIE NIAE Buyer: City of Little Canada, a Minnesota Municipal Corporation Property Address: 3046 LABORE RD in LITTLE CANADA, MN 55109 Date: 9/9 (The "Property ") 20 11 ADDENDUM A Buyer desires to purchase the Property from Seller, pursuant to a purchase and sale agreement (the "Agreement ") to be entered into between Seller and Buyer. Effective January 1, 2003, Minnesota law requires that the Seller either provide the prospective buyer of single - family residential real property with a written disclosure of all material facts pertaining to adverse physical conditions in the Property or which the Seller is aware of, or provide a report concerning the physical condition of the Property prepared by a qualified third party. The law also permits the Seller and the Buyer to waive those disclosure provisions. Buyer (whether one or more) and Seller hereby waive, in their entirety to the full extent permitted by law, the written disclosure provisions set forth in sections 513.52 to 513.60 of the Minnesota Statutes Annotated, pursuant to the provisions of section 513.60 of the Minnesota Statutes Annotated concerning the above described Property. Buyer acknowledges that Buyer has been given an ample opportunity to seek the advice of Buyer's own chosen legal counsel concerning the Agreement, the Property and this Waiver and Hold Harmless Agreement. Notwithstanding anything to the contrary in the Agreement, Buyer hereby specifically holds Seller harmless from any claim or claims made by Buyer, Buyer's successors, assigns, heirs, insurers, agents or any other person or entity, as to any matter involving the disclosure set forth in sections 513.52 to 513.60 or claims made against Seller, at any time, concerning the disclosures set forth in sections 513.52 to 513.60 of the Minnesota Statutes Annotated concerning the Property made by Buyer, Buyer's successors, assigns, heirs, insurers, agents or any other person or entity. The parties herein agree that except as otherwise provided herein, the Agreement provisions shall be in full force and effect. This Waiver and Hold Harmless Agreement shall be binding and inure to the benefit of the Buyer and Seller and their heirs, successors, assigns, agents, employees and officers and shall survive the closing of the sale of the Property pursuant to the Agreement. Seller and Buyer Signatures: Seller(s) Date PURSUANT TO PARAGRAPH Buyer(s) Date 28 OF THE REAL ESTATE Buyer(s) Date PURCHASE ADDENDUM THIS DOCUMENT IS SUBJECT TO ALL TERMS AND CONDITIONS SET FORTH IN THE REAL ESTATE PURCHASE ADDENDUM Page of