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1 q OR 6111 "1 N � <br />C <br />IMUNIVOINO). <br />Court File No. 71 -CV -13-1006 <br />PAUL I KRAUSE AND <br />PAMELA FL KRAUSE, <br />husband and w M, <br />"F <br />CITY OF ELK RIVER-, <br />a Municipal Corporation, <br />I <br />Defendant. <br />I'v 17, 1; "W14 TNZMWIMI— <br />T, , <br />Plaintiffil Paul J. Krause and Pamela H. Krause, C%rauses") and Defendant City of Elk <br />Fiver ("Civ) stipulate and agree as follow. <br />WDEREAS, the Krauses have oommenced this action against the City as=ting claims <br />relating to the Cit <br />Y's purchase ofthe Pinewood Oolf Course legally descaibed as fellows:. <br />Outlot A and Oudot B, Pinewood, according to the plat on file in the office <br />of the Registrar of Titles in and for Shednane County, Nnnesota, <br />("Subject Property-); and <br />WBEREAS, the parties desire to settle any and all dairns which were or could have been <br />asserted herein, and generally all claims arWng out of the sale and purchase ofthe Subject <br />Propeofty, except as specified herein. <br />NOW, T�EREFOREthe parties agree as follows: <br />1. PlaMM shall convey to the City by Warranty Deed title to the Subject Property. <br />Delivery of the deed and evidence of title shall be in accordimce with Paragraphs 2 and 3 ofthe <br />Con traot for Deed between the parties dated April 6, 2008, provided that the City waives any <br />186446V4 <br />