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ORIGINAL <br /> Minnesota Department of Transportation <br /> 110 Office of Land Management <br /> Transportation Building Mailstop 631 <br /> 395 John Ireland Boulevard <br /> St. Paul, Minnesota 55155-1899 <br /> 612 296-9744 <br /> S.P.: 7102 902 LEASE NO. H-05868 <br /> PARCEL: 33 ( 71 D003) <br /> COMMERCIAL LEASE <br /> THIS LEASE is made between the State of Minnesota, Department of Transportation ("Landlord"), and <br /> Anderson Industries, Inc. ("Tenant"). <br /> Mail Lease to: <br /> Anderson Industries, Inc. <br /> 708 Main Street <br /> Elk River, MN 55330 <br /> IT IS AGREED: <br /> 1 . In consideration of payment of the rent hereinafter specified to be paid by Tenant, and the covenants and <br /> agreements herein contained, Landlord hereby leases to Tenant that certain property ("PREMISES") in the <br /> County of Sherburne, State of Minnesota, described as follows: <br /> • Address of Premises: Martin Plaza, T.H. 10, Elk River, MN <br /> Type of Property: Vacant, Commercial <br /> Legal Description: That part of S.P. 7102 Parce133 as shown on attached EXHIBIT. <br /> This Lease includes improvements, if any, and is in effect for the term of 24 months commencing on January <br /> 1, 1998 and ending on December 31, 1999, with the right of termination in both Landlord and Tenant as <br /> hereinafter set forth. <br /> 2. RENT. Tenant shall pay to Landlord as rent for the Premises the sum of $600.00, in annual payments of <br /> $300.00 in advance on the first day of each month during the term of this Lease. Rent payments are to be <br /> mailed or delivered to Landlord's finance office as follows: <br /> Department of Transportation Make checks payable to: <br /> Office of Financial Management <br /> Accounting Department Commissioner of Transportation <br /> 461 Rice Street <br /> St. Paul, Minnesota 55103 <br /> • 1 <br />