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to any successor or assignee of either party, at the address stated in the notice of succession or <br />assignment. <br /> <br /> SECTION SEVEN <br /> ASSIGNMENT AND SUCCESSION <br /> This option and the contract resulting from the exercise thereof shall bind and inure to the <br />benefit of the heirs, administrators, executors, successors, and assigns of the respective parties. <br />All rights of Purchaser hereunder may be assigned without restriction, but notice of each <br />assignment shall be given to Seller. <br /> <br /> SECTION EIGHT <br /> CONTROLLING LAW <br /> This Agreement has been made under the laws of the State of Minnesota, and such laws <br /> <br />will control its interpretation. Executed in duplicate on , 1994. <br /> <br />SELLER: ANOKA 67 INDUSTRIAL <br /> PARTNERSHIP <br /> <br />PURCHASER: <br /> <br />City of Ramsey <br /> <br />By: By: <br /> Its: <br /> <br />Its: <br />ATTEST: <br /> <br />Mayor <br /> <br />By: By: <br /> Its: <br /> <br />Its: <br /> <br />City Administrator <br /> <br />STATE OF MINNESOTA <br /> <br />COUNTY OF <br /> <br />SS. <br /> <br />The foregoing instrument was acknowledged before this~ <br /> 1994, by <br /> <br />day of <br /> <br />Notary Public <br /> <br />Page 4 of 5 <br /> <br /> <br />