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DRAFT 4.5.2022 <br />EXHIBIT B <br />FORM OF QUIT CLAIM DEED <br />Quit Claim Deed <br />Deed Tax Due: $ <br />ECRV: <br />Date: , 2022 <br />FOR VALUABLE CONSIDERATION, Mounds View Economic Development Authority, a <br />public body corporate and politic under the laws of the State of Minnesota, Grantor, hereby <br />conveys and quitclaims to Sabry Sharara [or his corporate entity], <br />, under the laws of the State of <br />Minnesota, Grantee, real property in Ramsey County, Minnesota, described as follows: <br />See Exhibit A. <br />Check here if part or all of the land is Registered (Torrens) Oo <br />together with all hereditaments and appurtenances, and subject to easements of record. <br />Section 1. This deed is subject to that certain Purchase and Development Agreement between <br />Grantor and Grantee, dated , 2022, recorded , 2022, in the <br />office of the Ramsey County Registrar of Titles as Document No (the <br />"Agreement'). <br />❑ The Seller certifies that the Seller does not <br />know of any wells on the described real <br />property. <br />❑ A well disclosure certificate accompanies <br />this document or has been electronically <br />filed. (If electronically filed, insert WDC <br />number: ). <br />❑ I am familiar with the property described <br />in this instrument and I certify that the <br />status and number of wells on the <br />described real property have not changed <br />since the last previously filed well <br />disclosure certificate. <br />MOUNDS VIEW ECONOMIC DEVELOPMENT <br />AUTHORITY <br />By <br />Carol A. Mueller <br />Its President <br />By <br />Nyle Zikmund <br />Its Executive Director <br />DOCSOPEN\MU205\53\788760.v5-4/5/22 <br />