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'- . SECOND AMENDMENT TO DEVELOPERS AGREEMENT THIS SECOND AMENDMENT, made and entered into as of the day of , 1999, by and between the CITY OF MOUNDS VIEW, a Minnesota municipal corporation (the "City"), SILVERVIEW ESTATES, INC., a Minnesota corporation, and FIVE D LIMITED, a Minnesota corporation (collectively the "Developer") and REALlFE COOPERATIVE OF MOUNDS VIEW, a Minnesota cooperative corporation (the "Cooperative"). WITNESSETH: WHEREAS, the City and the Developer entered into a certain document entitled "Developers Agreement" dated as of April 20, 1998, (the "Agreement"), . which provides for an agreement concerning the development of certain real estate located in Ramsey County, Minnesota, legally described as: . That part of the Southwest Quarter of the Southeast Quarter of Section 6, Township 30, Range 23, Ramsey County, Minnesota described as beginning at the southwest comer of said Southeast Quarter; thence easterly along the south line of said Southeast Quarter 1,346.90 feet to the center line of State Trunk Highway No. 10; thence northwesterly along said center line 1,434.13 feet to the center line of Silver Lake Road; thence southwesterly and southerly 1,219,64 feet along said last centerline to the point of beginning. Subject to State Trunk Highway No. 10, Silver Lake Road and St. Paul Waterworks Right of Way. Except that part of said Southeast Quarter described as commencing at the southwest corner of said Southeast Quarter and measuring easterly along the south line of said Section 6 a distance of 1,346.9 feet to the intersection of the center line of Highway No. 10 (Anoka Cut-off); thence northwesterly along the centerline of said Highway No. 10, a distance of 765.9 feet to the point of beginning; thence southwesterly at right angles to the center line of said Highway No. 10 a distance of 275 feet; thence northwesterly and parallel with said centerline 100 feet; thence northeasterly at a right angle to the