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IN WITNESS WHEREOF, Purchaser and Seller have executed this Purchase Agreement as of the <br />Effective Date. <br />PURCHASER: <br />E&R Investments, LLC <br />a Minnesota Limited Liability Company <br />By: f <br />Print: Gregory . Ebert <br />Title: President <br />f) <br />Dated: G l <br />SELLER: <br />CITYYELK R <br />By: <br />Print:etz <br />Title: Mayors <br />By: <br />Print: Tina Allard <br />Title: City Clerk <br />Dated: l ` 1,4 — 1 S <br />Purchase Agreement Page 13 of 13 <br />469680v2 SJS ELI 85-36 <br />