Agenda Packets - 1992/04/27 - Laserfiche WebLink

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FEB 12 ' 92 14 : 20 P GE . 004 CERTIFICATE OF COMPLETION AND RELEAAM_Qf FORFEITURE WHEREAS, the City of Mounds View, Minnesota, a municipal corporation (the "Grantor") , by Deeds registered in the Office of the Register of Deeds in and for the County of Ramsey and State of Minnesota, as Deed Document Number 2526611, 2526613, and 2526615 has conveyed to Everest Investments Limited Partnership, a Minnesota limited partnership (the "Grantee") , land in the City of Mounds View, County of Ramsey and State of Minnesota, legally described on Exhibit A; and WHEREAS, said Deeds contained certain covenants, restrictions, the breach of which by Grantee, its successors and assigns, would result in a forfeiture and right of re- entry by Grantor, its successors and assigns, said covenants and restrictions being set forth in sections 1 and 2 of said Deeds; and 0 WHEREAS, said Grantee has performed said covenants and conditions insofar as it is able in a manner deemed sufficient by the Grantor to permit the execution and recording of this Certificate; NOW, THEREFORE, this is to certify that the Minimum Improvements and other physical improvements specified to be done and made by the Grantee have been substantially completed and the above covenants and conditions in said Deeds have been performed by the Grantee therein and that theprovi-sioi,y for forfeiture-of t-.-t--e-and-r-i-c ht t -€grit y for breach of condition subsequent by the Grantor therein is hereby released absolutely and forever insofar as it applies to the land described herein, and the County Recorder in and for the County of Ramsey and State of Minnesota is hereby authorized to accept for recording and to record, the filing of this instrument, to be a conclusive determination of the satisfactory termination of the covenants and conditions of the contract referred to in said Deeds, the breach of which would result in a forfeiture and right of re-entry, but the mvscc mds view#2 floppy