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SATISFACTION OF REPAYMENT AGREEMENT <br />DATE: <br />THAT CERTAIN GRANT AGREEMENT owned by the undersigned, dated the 21th day of May, _ <br />2010, executed by Troy A. Bondy and Deana M. Bondy, husband and wife, as Mortgagor, to City of Elk <br />River, as Mortgagee and filed for record the 20th day of September, 2010, as Document Number 719348, in <br />the Office of the County Recorder of Sherburne County, Minnesota, is, with the indebtedness thereby secured, <br />fully paid and satisfied. <br />City of Elk River <br />By: <br />Its: <br />STATE OF MINNESOTA ) <br />ss <br />COUNTY OF 1 <br />The foregoing instrument was acknowledged before me this day of , 20 <br />By, <br />Elk River. <br />NOTARIAL STAMP OR SEAL (OR OTHER TITLE OR RANK) <br />THIS INSTRUMENT WAS DRAFTED BY: <br />City of Elk River <br />13065 Orono Parkway <br />Elk River, MN 55330 <br />the <br />Notary Public <br />of the City of <br />TAX STATEMENTS FOR THE REAL PROPERTY DESCRIBED <br />IN THIS INSTRUMENT SHOULD BE SENT TO: <br />Unaffected <br />