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3.5 EDSR 11-21-2016
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3.5 EDSR 11-21-2016
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11/18/2016 10:50:07 AM
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11/18/2016 10:32:24 AM
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City Government
type
EDSR
date
11/21/2016
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EXHIBIT C <br /> CQNSENT , [INTRACT FQR EFJ YENROR <br /> Houlton Investment Company, a Minnesota corporation, vendor ("Vendor") <br /> under the terms of those certain Contracts for Deed ("Contracts for Deed"), dated <br /> February 1, 2013, recorded in the Sherburne County Recorder's Office on February 8, <br /> 2013, as Document No 765883 (as to 707 Main Street) and dated March 1, 2012, <br /> recorded in the Sherburne County Recorder's Office on March 5,2012,as Document No <br /> 745462(as to 713 Main Street)pertaining to the real property("Property")in Sherburne <br /> County,Minnesota,described as follows: <br /> Parcel 1 (707 Main Street): <br /> The North 100 Feet of the East 20 Feet of Lot 4,Block 5,Village of Elk River <br /> Parcel 2(713 Main Street) <br /> The North 100 feet of the East 6 feet of Lot 3,Block 5,Village of Elk River and the <br /> West 14 feet of the North 100 feet of Lot 4,Block 5,Village of Elk River <br /> does hereby acknowledge that: (i) notwithstanding any contrary provisions in the <br /> Contracts for Deed, the Mortgage, Assignment of Rents, Security Agreement and <br /> Fixture Financing Statement as set forth in the foregoing instrument will not constitute <br /> �-- a violation of the "due on sale" clause under the terms of the Contracts for Deed and <br /> will attach to the interest of the undersigned in and to the Property, subject, however, <br /> to cancellation of such interest as provided for in the Contract for Deed pursuant to <br /> Minnesota Statutes 559.21; and (ii) the undersigned will give Mortgagee notice of any <br /> Mortgagor default under the Contracts for Deed at the time and in the same manner as <br /> such notice is given to Mortgagor pursuant to the terms of the Contract for Deed. <br /> Houlto investment Company,a Minnesota corporation <br /> William Houlton,President <br /> STATE OF MINNESOTA) <br /> ss. <br /> COUNTY OF5igilatifiu <br /> The foregoing was acknowledged before me this ea day of April, 2013, by <br /> William Houlton the President of Houlton Investment Company, a Minnesota <br /> corporation,on behalf of the corporation. <br /> 4 111 <br /> _DER s HEBEISEN Notary Public <br /> Notafic Public <br /> GP:3399703 vt 741'' nne ota <br /> r' }' lion Expires Ja 31,2015 <br />
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