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s — <br /> t l <br /> 0372g • <br /> GUARANTY <br /> THI GUARANTY S GU dated as of _, 1988, made <br /> by (the "Guarantor") , an individual residing <br /> in County, Minnesota, for the benefit of the HOUSING <br /> AND REDEVELOPMENT AUTHORITY OF ST. ANTHONY, MINNESOTA, a public <br /> body corporate and politic ("HRA" ) . <br /> WITNESSETH, THAT: <br /> WHEREAS, contemporaneously with the execution of this <br /> Guaranty, St . Anthony LaNel, a Minnesota limited partnership, <br /> ( "Redeveloper") and HRA will enter into a Redevelopment <br /> Contract (the "Redevelopment Contract" ) under which Redeveloper <br /> will undertake certain obligations for the redevelopment of <br /> certain "Redevelopment Property" defined in the Redevelopment <br /> Contract; <br /> WHEREAS, as a condition precedent to entering into the <br /> Redevelopment Contract, HRA is requiring the execution and <br /> delivery of this Guaranty; and <br /> WHEREAS, the Guarantor is a general partner of <br /> Redeveloper and finds it advantageous, .desirable and in his <br /> best interest to execute and deliver this Guaranty. <br /> NOW, THEREFORE, in consideration of the premises and <br /> for other good and valuable consideration, the receipt and <br /> sufficiency of which are hereby acknowledged, the Guarantor <br /> makes the following representations, warranties and agreements <br /> to and for the benefit of HRA: • <br />