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Assessments: Seller sliall pay all levied,pending and/or deferred special assessnleots at Closing, <br /> Assignment of <br /> Purchase <br /> Agreement: Prior to Closing, the Purchaser irwy assign the obligations of the purchase agreement to <br /> ,in affiliate of Purchaser provided the assignee has sufficient FinancO ability to Close on <br /> the Purchase. <br /> Brokerage: No brokers are involved with this transaction. <br /> This letter is intended to be an expression of interest by the partiessignjug,or accepting this letter to the transaction <br /> herein. Notwithstanding anything to the contrary', in no event shall this letter be deemed to be or constifine a <br /> binding contract agreement or other legally enforceable obligation between said persons or entities as to such <br /> matters, Upon signing of this letter agreement, the parties agree to negotiate the terms of a binding purchase <br /> agreement, <br /> Sincerely, <br /> Greg Hayes <br /> VP Real Estate& DevOopment <br /> IPuirchaser: Seller: <br /> Ebert Constniction City of Elk River <br /> By: By: <br /> Its: Its:: <br /> Date: Date:! <br /> ME= <br />