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CC PACKET 07121988
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CC PACKET 07121988
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Last modified
12/30/2015 4:31:02 PM
Creation date
12/30/2015 4:30:38 PM
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SP Box #
18
SP Folder Name
CC PACKETS 1987-1989
SP Name
CC PACKET 07121988
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a <br /> • the form attached to this Deed as Exhibit 1 . The Certificate <br /> shall be conclusive evidence of satisfaction and termination of <br /> the agreements and covenants of the Agreement and of this Deed <br /> with respect to the obligations of Grantee and its successors <br /> and assigns to complete construction of the Minimum <br /> Improvements, it being the intention of the parties that upon <br /> the granting and filing of the Certificate that all <br /> restrictions and reservations of this Deed and the Agreement be <br /> forever released and terminated . <br /> 5 . If Grantee shall, prior to the recording of the <br /> Certificate, default in any one or more of the obligations set <br /> forth in Section 9 . 3 of the Agreement and shall fail to cure <br /> the default within the period therein specified, then Grantor <br /> shall have the right to re-enter and take possession of the <br /> Property and terminate and revest in Grantor the estate <br /> .conveyed by this Deed subject to the terms and conditions of <br /> the Agreement, and Grantor ' s title shall be subject to all <br /> Mortgages approved pursuant to Section 7 . 3 of the Agreement . <br /> 6 . The property herein described is conveyed subject <br /> to the covenants and restrictions set forth on Exhibit 2 <br /> attached hereto and made a part hereof, which shall remain in <br /> effect until a date 30 years after the date hereof, at which <br /> time said covenants and restrictions shall terminate. <br /> • IN WITNESS WHEREOF, Grantor has caused this Deed to be <br /> duly executed in its behalf by its Chairman and its Secretary <br /> and has caused its corporate seal to be hereunto affixed <br /> this day of , 198_. <br /> HOUSING AND REDEVELOPMENT AUTHORITY <br /> OF ST. ANTHONY, MINNESOTA <br /> By <br /> Its Chairman <br /> By <br /> Its Secretary <br /> • <br />
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