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If Buyer defaults in performance of its obligations under this Agreement, Seller shall have the <br /> right to terminate this Agreement in the manner provided by Minn. Stat. Sec. 559.21. Such <br /> termination of this Agreement will be the only remedy available to Seller for such default by <br /> Buyer, and Buyer will not be liable for damages or specific performance. <br /> Seller and Buyer have executed this Agreement as of the date set forth above. <br /> BUYER: <br /> City of Elk River <br /> By: <br /> Its: Mayor <br /> By: <br /> Its: City Clerk <br /> SELLER: <br /> Cornerstone Elk River LLC <br /> By: <br /> Its: <br /> 9 <br /> 181569v2 <br />