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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 1 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. AME <br />LAN D TITLE <br />The use of this Form is restricted to ALTA licensees and ALTA members ASSOCIATION <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 />