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Exhibit 111 <br />28- 32 -25 -23 -0008 <br />REC <br />UNIT 22 CIC NO 213 GABLES MANOR, TOG /W COMMON ELEMENT, SUBJ TO EASE OF <br />28- 32 -25 -14 -0149 <br />REC <br />UNIT 23 CIC NO 213 GABLES MANOR, TOG /W COMMON ELEMENT, SUBJ TO EASE OF <br />28- 32 -25 -14 -0150 <br />REC <br />UNIT 24 CIC NO 213 GABLES MANOR, TOG /W COMMON ELEMENT, SUBJ TO EASE OF <br />28- 32 -25 -14 -0151 <br />REC <br />UNIT 25 CIC NO 213 GABLES MANOR, TOG /W COMMON ELEMENT, SUBJ TO EASE OF <br />28- 32 -25 -14 -0152 <br />REC <br />UNIT 26 CIC NO 213 GABLES MANOR, TOG /W COMMON ELEMENT, SUBJ TO EASE OF <br />28- 32 -25 -14 -0153 <br />REC <br />28- 32 -25 -23 -0008 <br />LOT 2 BLOCK 1 RAMSEY TOWN CENTER 3RD ADD, SUBJ TO EASE OF REC <br />UNPLATTED CITY OF RAMSEY THAT PART OF THE NE1 /4 OF SW1 /4 OF SEC 28 -32 -25 <br />ANOKA CNTY, MN DESC AS FOL -BEG AT THE POINT OF INTERSECTION OF THE W <br />LINE OF SAID NE1 /4 OF SW1 /4 WITH THE SLY RT OF WAY LINEOF THE BURLINGTON <br />NORTHERN RR -TH SLY ALONG SAID W LINE OF SAID NE1 /4 OFSW1 /4 TO ITS <br />INTERSECTION WITH THE NLY RT OF WAY LINE OF U S TRKHWY NO 10 -TH SELY <br />ALONG SAID NLY RT OF WAY LINE OF SAID U S TRKHWY NO 10 A DIST OF 300.00 FT <br />TO THE ACTUAL POINT OF BEG OF THE TRACT TO BE HEREIN DESC -TH CONT ALONG <br />THE NLY RT OF WAY OF SAID HWY A DIST OF 185 FT -TH NLY TO A POINT ON SAID <br />SLY RT OF WAY LINE OF SAID BURLINGTON NORTHERN RR DIST 551.80 FT SELY <br />FROM THEW LINE OF THE NE1 /4 OF SW1 /4 AS MEAS ALONG THE SLY RT OF WAY OF <br />THE BURLINGTON NORTHERN RR -TH NWLY ALONG SAID SLY RT OF WAY LINEOF <br />SAID BURLINGTONNORTHERN RR A DIST OF 185 FT -TH SWLY TO THE POINT OF <br />28- 32 -25 -31 -0004 <br />BEG(SUBJ TO AN EASE FOR ROAD OVER THE W LY 25 FT THEREOF) <br />THAT PRT OF NE1 /4 OF SW1 /4 DESC AS FOL: BEG AT THE PT OF INTER OF THE W <br />LINE OF SD NE1 /4 OF SW1 /4 WITH THE SLY R/W LINE OF THE B & N R/R TH SLY ALG <br />SD W LINE OF SD 1/4,1/4 TO ITS INTER /W THE NLY R/W LINE OF T H #10 TH SELY <br />ALG SD NLY R/W LINE OF SD HWY 485.0 FT TO THE ACT POB OF TRACT TO BE DESC <br />TH CONT ALG THE NLY R/W LINE OF SD HWY 140 FT TH NLY TO A PT ON SD SLY R/W <br />LINE OF SD B & N R/R 691.80FT SELY FROM THE W LINE OF NE1 /4 OF SW1 /4 (AS <br />MEAS ALG THE SLY R/W LINE OF THE B & N R /R) TH NWLY ALG SD SLY R/W LINE OF <br />28- 32 -25 -31 -0007 <br />SD B & N R/R 140 FT TH SWLY TO POB EX RD SUBJ TO EASE OF REC <br />ALPACA ESTATES LOT 1 BLK 3 ALPACA EST EASE TO ST OF MN FOR RT OF ACCESS <br />28- 32 -25 -31 -0008 <br />TO HWY NO 10(SUB3 TO EASE AS SHOWN ON PLAT) <br />28- 32 -25 -41 -0007 <br />OUTLOT A RAMSEY TOWN CENTER 4TH <br />THAT PRT OF OUTLOT AA RAMSEY TOWN CENTER ADD DESC AS FOL: BEG AT NE COR <br />OF SD OUTLOT, TH W ALG NLY LINE OF SD OUTLOT 322.44 FT, TH S 124.54 FT, TH <br />SELY 52.36 FT ALG A TAN CUR CONC TO NE RAD 250FT &CEN ANG 12 DEG, TH S 12 <br />DEG E 144.84 FT, TH SELY SLY & SWLY 156.31 FT ALG A TAN CUR CONC TO W RAD <br />250 FT & CEN ANG 35 DEG 49 MIN 27 SEC, TH S 23 DEG 49 MIN 27 SEC W 54.25 FT <br />TO SWLY LINE OF SDOUTLOT, TH S 66 DEG 10 MIN 33 SEC E ALG SD SWLY LINE <br />349.45 FT TO MOST SLY COR OF SD OUTLOT, TH N 03 DEG 49 MIN 27 SEC E ALG ELY <br />LINE OF SD OUTLOT 58.84 FT TO PT OF CURVATURE IN SD ELY LINE, TH NLY30.70 FT <br />ALG SD ELY LINE ALG A TAN CUR CONC TO W RAD 460 FT & CEN ANG 03 DEG 49 MIN <br />27 SEC TO A PT OF TAN IN SD ELY LINE, TH N ALG SD ELY LINE 572.55 FT TO POB, <br />28- 32 -25 -42 -0014 <br />SUBJ TO EASE OF REC <br />OUTLOT AA RAMSEY TOWN CENTER ADD, EX THAT PRT THEREOF DESC AS FOL: BEG <br />AT NE COR OF SD OUTLOT, TH W ALG NLY LINE OF SD OUTLOT 322.44 FT, TH S <br />124.54 FT, TH SELY 52.36 FT ALG A TAN CUR CONC TO NERAD 250 FT & CEN ANG 12 <br />DEG , TH S 12 DEG E 144.84 FT, TH SELY SLY & SWLY 156.31 FT ALG A TAN CUR <br />CONC TO W RAD 250 FT & CEN ANG 35 DEG 49 MIN 27 SEC, TH S 23 DEG 49 MIN 27 <br />SEC W 54.25 FT TO SWLY LINE OF SD OUTLOT, TH S 66 DEG 10 MIN 33 SEC E ALG <br />SD SWLY LINE 349.45 FT TO MOST SLY COR OF SD OUTLOT, TH N 03 DEG 49 MIN 27 <br />SEC E ALG ELY LINE OF SD OUTLOT 58.84 FT TO A PT OF CURVATURE IN SD ELY <br />LINE, TH NLY 30.70 FT ALG SD ELY LINE ALG A TAN CUR CONC TO W RAD 460 FT & <br />CEN ANG 03 DEG 49 MIN 27 SEC TO A PT OF TAN IN SD ELY LINE, TH N ALG SD ELY <br />28- 32 -25 -42 -0015 <br />LINE 572.55 FT TO POB, SUBJ TO EASE OF REC <br />THAT PRT OF LOT 7 AUD SUB NO 34 DESC AS FOL: COM AT SE COR OF SD LOT, TH <br />NWLY ALG SWLY LINE OF SD LOT 770 FT, TH N PRLL /W E LINE OF SD LOT TO NELY <br />LINE OF SD LOT, TH SELY ALG SD NELY LINE 350 FT TO POB TH S PRLL /W SD E LINE <br />TO SD SWLY LINE, TH SELY ALG SD SWLY LINE 180 FT, TH N PRLL /W SD E LINE TO <br />28- 32 -25 -44 -0002 <br />SD NELY LINE, TH NWLY ALG SD NELY LINE TO POB, SUBJ TO EASE OF REC <br />THAT PRT OF LOT 7 AUD SUB NO 34 DESC AS FOL: BEG AT INTER OF NLY R/W LINE <br />OF T H NO 10 & E LINE OF SEC 28 TWP 32 RGE 25 ALSO BEING SE COR OF SD LOT 7, <br />TH NLY ALG SD E LINE 367.87 FT TH SWLY TO A PT ONSD NLY R/W LINE 111.9 FT <br />NWLY, AS MEAS ALG SD R/W LINE, FROM POB, TH SELY ALG SD R/W LINE TO POB, <br />28- 32 -25 -44 -0004 <br />TOG /W THAT PRT OF SD LOT 7 DESC AS FOL: BEG AT INTER OF SD NLY R/W LINE <br />SPRINGSTED <br />Page 19 <br />