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1 1- UA I <br />S I <br />This Note la isnued by the city to provide <br />futoda for a Proinot, as 6&f*rjed In Gituti-Gii 474.02, Gubidivi&ion <br />;(a), Minnemota "�tatutc-m, corifii-tin,4 of, tne mcqui-01--irm of- <br />roal estate, find the constroutiOrl i'r on orrict. Ana worfdloumq <br />.-icility thereon, under a Loan Ageeement, of &%!Aun A^to <br />herewith, betwoor. the Payee, tho City and Thasanga Land <br />Company (the "Borrowar"), a Minnesota partriecahip, and this <br />Nota to turthar iAsuod pursuant to and in full compliiince with <br />the Coartitutl.on And laws o! the St%tq of Minnesota, <br />parti4u'&rly Chapter 474, Minnesota Statute.j., and purmuant Lo <br />resolution bt. the Lty Council dul.y adopt4d an Octobte 10, 1978 <br />(the *Aesolutionw) <br />.4, ThJs Note Le secured by an assignment of <br />thg Lr= hy tha ri-ty to the Payne, by a Mortqaae of <br />baLween the 3orrowne, as Mortgagor, A;d the <br />*van dalt's' he a <br />Pay49_'_aA*Mcrtaaaes and W Ar Assignment of Loanes and Rints <br />from the Borrower to the Payee, The diabitra*.-nent. of the <br />VC60,448,0f the loAr, covered by this Noto in subjact to the <br />'21Rt Loan <br />_t A -an-tr Agra4ment, of even <br />dato hsr� Lth bat"an the Payee# City and Borrower, <br />a# Pam -VW-*XtWW: Vw- Was -of <br />of ittarest And/or principal of or any punalty or premium due <br />an _W" Vote # Lft4IWAnj_WW _ data Of the Fi-rAl MAtUV"Y Utd, <br />mithamt � r9t iaq - tri 11F M-ALlyn t --at - n -n -y- _V_ 4--V-V—y -1 L dibl* harr6on and <br />WIV&V* re"WoOW a squh. 94"Vert in no VV*nt W <br />-law-ty My <br />jimd Maturity Drte he extended -beyola October 12# 2009, <br />_W- I�_Iftts_*Ay_bW_M t AM--timb" Githn- <br />Z7 <br />An- - Sm a th*a- th*ril --SW.­I-- aitv b J- <br />99 - WAST <br />-Dvo- -sj2d-. 1-thw v"Sor -t <br />-at j&.,& i X in, at-- th*� tift ofl! *4flh-- <br />I: WVF_ <br />"saimm k -b <br />ff in" -m--this. Note ow -sat of tho. ind <br />99 Min Note to further nublect io prepay"l-teit <br />.,without a prtmium#-in whole or in part# open the accurrongo of <br />-be condemnation to the <br />events at dMdestruct an <br />�414 'In. Who pot in. 1part# mpan --the - 36'riv"T - <br />from the Payee that the Lrit—arest m—the <br />1W subith diral or Minnesota ntats income taxation <br />curnuant,- to *Ratan_ in-ation, at -Toy thili-tyup-all. &I OPecif i&d <br />the Loan Agreement and Resolution. <br />-a- <br />