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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 />B: l <br />Y <br />Its: Mayor <br />By: <br />Its: City Clerk <br />SELLER: <br />Cornerstone Elk River LLC <br />Its: <br />181569v2 <br />