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ALTA Owner's Policy(6-17-06) <br /> STEWART TITLE GUARANTY COMPANY <br /> AND <br /> That part of Government Lot 1,Section 33,Township 33,Range 26,Sherburne County,Minnesota,described as <br /> follows: Beginning at the Southwest corner of said Government Lot 1,thence north along the West line of said <br /> Government Lot 1,a distance of 130.50 feet;thence east deflecting 90 degrees to the right,a distance of 556.50, <br /> thence northerly deflecting 90 degrees 32 minutes 03 seconds on a line run to the northeasterly corner of Block 13 <br /> of the plat of Orono,a distance of 253.01 feet to its point of intersection with the center line of Third Street(now <br /> vacated)in said plat of Orono;thence easterly along the center line of said Third Street to the southerly extension <br /> of the easterly line of Block 14 in said plat of Orono;thence northerly to the southeasterly corner of said Block 14; <br /> thence easterly along the extension of the southerly line of said Block 14 to the easterly line of Walnut Street in <br /> said plat of Orono(now known as Xenia Street);thence northerly along the easterly line of said Walnut Street to <br /> the southerly line of Second Street in said plat of Orono;thence easterly along the southerly line of Second Street <br /> to the East line of said Government'Lot 1;thence south along the East line of said Government Lot 1 to the <br /> Southeast corner of said Government Lot 1;thence west along the South line of said Government Lot i to the <br /> point of beginning. EXCEPT that part of said Government Lot 1 described as follows: Beginning at the Southwest <br /> corner of said Government Lot 1;thence North,assumed bearing,along the West line of said Government Lot 1 a <br /> distance of 130.50 feet;thence East at right angles 556.50 feet;thence South 47 degrees 29 minutes East to the <br /> South line of said Government Lot 1;thence west along the South line of said Government Lot 1 to the point of <br /> beginning. <br /> AND <br /> That part of Island F,as shown on a Certificate of Survey prepared by Rick M.Blom,PLS,John Oliver&Associates, <br /> Inc.,dated 8/5/05,and last revised 1/15/07,also known as Race Island,as shown on the plat of Orono,lying <br /> northerly of the easterly extension of the southerly line of Block 6 of the recorded plat of Orono. <br /> That part of Government Lot 2,Section 33,Township 33,Range 26,Sherburne County,Minnesota,lying westerly <br /> of the thread of the Elk River,also known as that part of Lot 2,Auditors Subdivision No.3,Sherburne County, <br /> Minnesota,lying westerly of the thread of the Elk River, <br /> Government Lot 1,Section 5,Township 32,Range 26,Sherburne County,Minnesota. <br /> AND <br /> That part of Government Lots 2 and 3,Section 5,Township 32,Range 26,Sherburne County,Minnesota,lying <br /> easterly of the recorded plat of Mississippi Oaks Second Addition and lying easterly of the recorded plat of <br /> Mississippi Oaks Third Addition. <br /> AND <br /> Islands A, B and C,as shown on a Certificate of Survey prepared by Rick M. Blom,PLS,John Oliver&Associates, <br /> Inc.,dated 8/5/05 and last revised 1/15/07. <br /> That part of Government Lot 1,Section 32,Township 33,Range 26,Sherburne County, Minnesota lying easterly <br /> and southerly of the thread of the Mississippi River backwater,said thread being the common line with Mississippi <br /> Oaks Third Addition,and lying westerly of the southerly extension of the West line of the recorded plat of Orono <br /> Hills Addition. <br /> AND <br /> That part of Government Lot 1 and Government Lot 2,Section 32,Township 33,Range 26,Sherburne County, <br /> Minnesota,lying southerly of the recorded plat of Orono Hills Addition,lying easterly of the southerly extension of <br /> the West line of said Orono Hills Addition and lying southerly of the southwesterly extension of the southeasterly <br /> line of Lot 5,Block 2,said Orono hills Addition, <br /> Copyright 2006-2009 American Land Title Association. All rights reserved. AM r <br /> RKAN <br /> 4AND MIF <br /> The use of this Form is restricted to ALTA licensees and ALTA members ASscx.unnN <br /> in good standing as of the date of use. All other uses are prohibited. <br /> Reprinted under license from the American Land Title Association. <br /> Page 5 of 5 <br />