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1 <br />191925v1 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />(Reserved for Recording Data) <br /> <br />QUIT CLAIM DEED <br /> <br />STATE DEED TAX DUE HEREON: $1.65 <br /> <br />Dated: ___________________, 2017. <br /> <br /> FOR VALUABLE CONSIDERATION, CITY OF ELK RIVER, a Minnesota municipal <br />corporation, Grantor, hereby conveys and quitclaims to PIPE PORTFOLIO OWNER (MULTI) <br />LP, a Delaware limited partnership, Grantee, real property in Sherburne County, Minnesota, <br />described as follows: <br /> <br />That part of the Northwest Quarter of the Northeast Quarter of Section 33, <br />Township 33, Range 26, Sherburne County, Minnesota, described as <br />follows, which lies West of the northerly extension of Quinn Avenue: <br /> <br />Beginning at the northwest corner of the Southwest Quarter of the Northeast <br />Quarter of Section 33, Township 33, Range 26 and running thence east <br />along the east and west 1/16 section line of the Northeast Quarter of said <br />Section 33, a distance of 914.8 feet; thence north a distance of 33 feet; <br />thence west and parallel to above 1/16 section line, a distance of 914.8 feet; <br />thence south a distance of 33 feet to the point of beginning and being a part <br />of Lot 8, Auditor’s Subdivision No. 3, Sherburne County, Minnesota. <br /> <br />together with all hereditaments and appurtenances belonging thereto. <br /> <br />Grantor certifies that Grantor is unaware of any wells on the above described property. <br /> <br />The consideration for this transfer was less than $500.00. <br /> <br /> <br /> <br /> <br /> <br /> <br />