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IN WITNESS WHEREOF. the parties have caused this Agreement to be executed as of the <br />Effective Date. <br />SELLER <br />Team Two Investments, LLC, a Minnesota <br />limited liability company <br />By: <br />Print Name 177f?+ ID ;z', <br />PURCHASER <br />Hugo Daycare Properties LLC, a Minnesota <br />limited liability company <br />Its. _ �1 hnl}.4�]. t. Its. +'h c"Yn tc' rte— <br />The Terms And Conditions Of This Agreement Are Fully Approved And Accepted By The <br />Undersigned Escrow Agent And The Undersigned Shall Be Liable Only As Esc+ow Holder <br />Hereunder <br />ESCROW AGENT <br />City of Hugo, Minnesota <br />By: <br />Print Name: <br />Its: <br />For release of the escrowed amount please contact: <br />Rachel Lentz <br />Community Development Department <br />City of Hugo <br />14669 Fitzgerald Avenue North <br />Hugo, MN 55036 <br />(W11) 762--63-14 — <br />2 <br />