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Bojangles' Brown's Chicken Chick-fil-A <br />El Polio Loco KFC Polio Campero <br />Polio Tropical Popeyes Raising Cane's <br />As of the date of this Restrictive Covenant, Grantor is under contract to sell Lot 3 to a <br />third party (the "Next Lot 3 Owner"). This restriction will not be effective as to Grantor and will run with <br />title to Lot 3 until the first to occur of the following: (a) alienation in the form of transfer of title of Lot 3 to <br />any owner who receives fee title to Lot 3 from the Next Lot 3 Owner, or (b) alienation in the form of the <br />subleasing or assignment of any leasehold interest held by the lessee of Lot 3 under any lease <br />agreement between the Next Lot 3 Owner and such lessee, as the term of such lease may be extended. <br />This restriction will inure to the benefit of Grantee and be binding upon Grantor and Grantor's successors <br />and assigns. <br />Grantor has executed this Restrictive Covenant, this day of , 2012. <br />GRANTOR: GRANTEE: <br />Housing and Redevelopment Authority in and McDONALD'S USA, LLC, <br />for the City of Ramsey, Minnesota, a Delaware limited liability company <br />a public body corporate and politic under the laws <br />of the State of Minnesota <br />By By <br />Printed Name: Printed Name: <br />Its Its <br />Document #: 1112270-v3 <br />4969370v2 <br />