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• <br />• <br />Development Contract <br />Ravens Hollow <br />31 North, Range 22 West, Anoka County, Minnesota, now known as Lot 11, Auditor's <br />Subdivision No. 107. <br />AND <br />That part of the Northeast Quarter of the Southeast Quarter of Section 31, Township 31, North, <br />Range 22, that is described as <br />follows: <br />Commencing at the Northwest corner of said Northeast Quarter of the Southeast Quarter and <br />proceeding thence East on <br />the North line of said Northeast Quarter of the Southeast Quarter for a distance of 264.3 feet <br />and to the actual point of <br />commencement herein; proceeding thence South and parallel to the West line of said <br />Northeast Quarter of the Southeast <br />Quarter for a distance of 330.75 feet; proceeding thence East for a distance of 396 feet and in a <br />straight line to a point 330.74 <br />feet South from the North line of said Northeast Quarter of the Southeast Quarter measured on <br />a line parallel to said West <br />line; and proceeding thence North and parallel to said West line to the said North line; and <br />proceeding thence West on said <br />North line to the point of commencement. Now known as part of Lot 8, Auditor's Subdivision <br />No. 107, according the map or <br />plat thereof on file and of record in the office of the County Recorder in and for Anoka <br />County, Minnesota. <br />AND <br />South half of North half of Northeast Quarter of the Southeast Quarter Section 31, Township <br />31, North, Range 22, except the <br />following described part thereof: <br />Commencing at the Northwest corner of the Northeast Quarter of the Southeast Quarter, <br />Section 31, Township 31, Range 22; <br />thence South along the West line thereof a distance of 330.75 feet which point is the actual <br />beginning of this description; <br />thence East parallel with the North line of said section a distance of 231.3 feet; thence South a <br />distance of 165.375 feet <br />parallel with the West line of said section; thence West 231.3 feet parallel with the North line <br />of said section; thence North <br />along the West line of the Northeast Quarter of the Southeast Quarter of said section a distance <br />of 165.375 feet to the point <br />of beginning. <br />Subject to an easement over the West 33 feet thereof for public roadway purposes; and subject to <br />the reservation of a right of <br />way for purposes over the South 2 rods of the West 24 rods thereof, containing 9 acres more or <br />less. <br />page 2 <br />