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- r• <br />3. This Agreement shall be promptly recorded by the Redeveloper with <br />a copy of Minnesota Statutes. Section 462.171 Subdivisloo 8, set forth in Exhibl: B <br />hereto. The Redeveloper shall pay all costs of recording. <br />4. Neither the preambles nor provisions of this Agreement are intended <br />to, nor shall they be construed as, modifying the terms of the Redevelopment <br />Contract between the City and the Redeveloper. <br />S. This Agreement shall inure to the benefit of and be binding upon the <br />successors and assigns of the parties. <br />6. Each of the parties has authority to enter Into this Agreement and to <br />take all actions required of It, and has taken all actions necessary to authorize the <br />execution and delivery of this Agreement. <br />7. in the event any provision of this Agreement snall he held Invsltd and <br />unenforceable by any court of competent jurisdiction, such holding shrJ1 not <br />Invalidate or render unenforceable any other provision hereof. <br />8. The parties hereto agree that they will, from time to time, execute, <br />ackno,dedge and deliver, or cause to be executed, acimowledged and delivered, <br />such supplements, amendments and modifications hereto, and such further <br />instruments as may reasonably be required for correcting any Inadequate, or <br />inLarrect, or amended description of the Redevelopment Property oe the Minimum <br />improvements, or for carrying out the expressed intention of this Agreement, <br />Including, without limitation, any further instruments required to delete from the <br />description of the Redevelopment Property such part or parts as may be included <br />within a separate assessment agreement. <br />9. Except as provided in Section 8 of this Agreement, this Agreement <br />may not be amended nor any of its terms modified except by a writing authorized <br />and executeu 7y ell parties hereto. <br />10. This Agreement may be simultaneously executed in several <br />counterparts, each of which shall be an original and all of which shall constitute <br />but one and the same Instrument. <br />11. Thfs Agreement shall be governed by and construed in accordance <br />with the laws of the State of Minnesota. <br />THE CITY OF MOUNDS V'EW, MI NNESOTA <br />By <br />its <br />By <br />its <br />C-2 <br />