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CONTRACT FOR DEED <br />EXHIBIT A <br />Form No. 56 -M llinnrnnm llni M1.nn ('on'' M, '''g lllnnFa 119tH, <br />worm, 5. 000m<o <br />f,orporaimn or I arinershm Seller <br />No delinquent taxes and transfer entered; <br />Certificate of Real Estate Value <br />( )filed ( )not required <br />, 19 <br />County Auditor <br />13y <br />Deputy <br />(reserved for mortgage registry lax payment data) <br />(reserved for recording data) <br />MORTGAGE REGISTRY TAX DUE HEREON: <br />Date Jung 10 <br />THIS CONTRACT FOR DEED is made on the above date by <br />A.I.C. CORPORATION a corporation under the laws of Minnesota <br />Seller, and Citv_of LSttle Canada a Minnesota municipal corporation <br />Purchaser (whether one or snore). <br />Seller and Purchaser agree to the following terms: <br />1. PROPERTY DESCRIPTION. Seller hereby sells, and Purchaser hereby buys, real property in <br />Ramsey County, Minnesota, described as follows: <br />Lot 6, Nadeau Addition, according to the recorded <br />plat thereof. <br />together with all hereditaments and appurtenances belonging thereto (the Property). <br />2. TITLE. Seller warrants that title to the Property is, on the date of' this contract, subject only to the <br />following exceptions: <br />(a) Covenants, conditions, restrictions, declarations and easements of record, if any; <br />(b) Reservations of minerals or mineral rights by the State of Minnesota, if any; <br />(c) Building, zoning and subdivision laws and regulations; <br />(d) The lien of real estate taxes and installments of special assessments which are payable by <br />Purchaser pursuant to paragraph 6 of thia contract; and <br />(e) The following liens or encumbrances: none <br />3. DELIVERY OF DEED AND EVIDENCE OF TITLE. Upon Purchaser's prompt and full performance <br />of this contract, Seller shall: <br />(a) Execute, acknowledge and deliver to Purchase' a J3ars.anty Deed, in <br />recordable form, conveying marketable title to the Property to Purchaser, subject only to the <br />following exceptions: <br />(i) ')'hose exceptions referred to in paragraph 2(a), (b), (c) and (d) of this contract; <br />(ii) Liens, encumbrances, adversecl aims or other matters which Purchaser has created, suffered <br />or permitted to accrue after the date of this contract; and <br />Page 45 <br />