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CC PACKET 10092001
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CC PACKET 10092001
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Last modified
12/30/2015 7:53:57 PM
Creation date
12/30/2015 7:53:50 PM
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SP Box #
29
SP Folder Name
CC PACKETS 2001-2004
SP Name
CC PACKET 10092001
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8-31-2001 3:51PM FROM MAC#WIRTH COMPANIES 6123392538 �� <br /> 08 'yd ley:7.8 J4V-z�..e K-UD AIHLLII(S U_Uli N�;_;;. <br /> • j <br /> Buyer has revlawad,and approved any sublessee's financial condition, which <br /> approval shall not be unreasonably withheld or delayed. In any event, Seller's <br /> obligations to Buyer under the InIlIal Isase or any sublease shall not exceed <br /> twelve (112) months from the Closing Date, but shall thereupon expire. ZC%_44-e e,.)-' <br /> 5r-Ale.- a"Ircb 4o5u1o1e4 M" clot=a�•d. �o�I, Bear sk-11 A1--% S�4' <br /> 7. The following is added as paragraph 23 of the Agreement: *%::. KIP --v4 w...�.� )� <br /> ves►sar.�.ate. Lo a+lceksI p►-� <br /> 23. Parkbig.Lat - - upon Closii a. Buyer shall grant a non-exclusive .t s, <br /> easement to Seller for Lot 1, Slock 1 Beutx Addition. Except for the Northerly 74 roe s �C� <br /> Feet Thereof, Apache Addition, St. Anthony (hereinafter "South Parking Lot'), <br /> during which time the Buyer shall fully maintain snd Insure the South parking Lot. P"'' _ <br /> Ueon Closing. Buyer shall appoint Seller as its exclusive agent to obtain <br /> approval from the City of St Anthony, Minnesota for a permanent split in the <br /> parcel described as Lot 1, Block 1, Beutt Addition. Apache Addition, St Anthony, <br /> so that there are two resulting parcels: The South Parking Lot and the Northerly <br /> 74 feet of Lot 1, Block 1, Seutz Addition, St. Anthony (hereinafter North Parking <br /> Lot"). Buyer agrees that it shall In no way oppose or challenge the said parcel <br /> split and shall re4sonably assist Seller in obtaining such parcel split. Seller <br /> agrees that It shall-pay all costs associated with the said parcel split. Seller shall <br /> have two (2) years from the Closing Date to obtain approval for the parcel split <br /> from the City of SL Anthony. If the City of St. Anthony. Minnesota approves the <br /> said parcel split within said two (2p year perlotl, then within thirty (30) days <br /> ® thereafter, Buyer shall convey to Seller by Warranty Deed the South Parking Lot <br /> free of any encumbrances. • , <br /> .0mve _3 from In either case, upon the sale of the South <br /> Parking Lotto Seller or development of the lot legally described as Lot 2, Block 2, <br /> Apache Addition (the "Adjacent Lot"), Seiler shall install curb cuts and re-stripe, <br /> to the extent necessitated, the North Parking' Lot and shall fully Insure and <br /> maintain the South Parking Lot. Seller agrees that It yyill not develop the South <br /> Parkin Lot or Adjacent Lot for medical usage. Upon the conveyance or <br /> granting of the e�ccluslVe easement of the South Parking Lot to Seller, the nvn- <br /> excluelve easement shall thereupon expire. Further. this Agreement Is subject to <br /> the creation of a perpetual maintenance agreement and covehant precluding <br /> evelo e t of the Sou ar g o or scent of for medic,�l uses rn ® orrrn <br /> .reasonable a stab a _o o pa s. <br /> 8. The following is added as paragraph 24 of the Agreement, <br /> 24. Lease 19,Currant_Tenants . Seller agrees that it shall refrain from <br /> leasing shy space in any of its buildings to Symphony Rehab Dynamics, <br /> Symphony Restorative Therapy Limited or Eyecare Aasociates. P.A. for a period <br /> of four (4)y�:ars from the Closing Date; or Midwest Health Care <br /> Management, Oral and Maxlllofacial Surgery Speclallsts, P.A. or <br /> Dr. Patrick Ennen for a period of two (2) years from the Closing Date, unless <br /> Buyer cannot accommodate the needs of said tenants at the Property. Which <br /> condition must be evidenced by written notice from the affected Tenant to the <br /> • Buyer. <br /> 2 <br />
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