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Draft <br /> 4.15.2004 <br /> ill <br /> EXHIBIT D <br /> to <br /> PURCHASE AND REDEVELOPMENT AGREEMENT <br /> FORM OF QUIT CLAIM DEED <br /> No delinquent taxes and transfer <br /> entered; Certificate of Real <br /> Estate Value ()filed()not <br /> required. <br /> County Auditor <br /> Deputy <br /> (reserved for recording data) <br /> • <br /> STATE DEED TAX DUE HEREON: $ <br /> Date: , 2004. <br /> THIS INDENTURE, between the MOUNDS VIEW ECONOMIC DEVELOPMENT <br /> AUTHORITY, a public body politic and corporate under the laws of the State of Minnesota, <br /> Grantor, and Pro Craft Development, LLC, a Minnesota limited liability company, Grantee. <br /> WITNESSETH, that the Grantor, in consideration of the sum of Two Hundred Ninety- <br /> Nine Thousand Dollars ($299,000) and other good and valuable consideration, the receipt <br /> whereof is hereby acknowledged, does hereby grant, bargain, quit claim and convey to the <br /> Grantee, its successors and assigns, forever, all of the tract or parcel of land lying and being in <br /> the County of Ramsey and State of Minnesota described on Exhibit A attached hereto and <br /> incorporated herein by reference (the Property), to have and to hold the same, together with all <br /> hereditaments and appurtenances thereunto belonging or in any way appertaining, to the Grantee, <br /> its successors and assigns, forever. Subject to and together with, however, the provisions of the <br /> Permitted Encumbrances described and referred to in Exhibit B attached hereto and incorporated <br /> herein by reference, including, without limitation, the right of the Grantor upon the happening of <br /> an Event of Default under that certain Purchase and Redevelopment Agreement between Grantor <br /> and Grantee dated as of , 2004 to re-enter and take possession of the Property and <br /> any improvements thereon and terminate the estate and all right, title and interest of the Grantee <br /> • SJR-245249v4 <br /> MU205-29 <br /> D-1 <br />