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Commencing at the Southwest Corner of said East 500 feet of the South 200 feet; thence <br />on an assumed bearing of North 00 degrees 25 minutes 08 seconds East, along the West <br />line of said East 500 feet of the South 200 feet, a distance of 98.19 feet; thence North 33 <br />degrees 01 minutes 23 seconds East a distance of 58.49 feet to the point of beginning of <br />the centerline to be described; thence continue North 33 degrees 01 minutes 23 seconds <br />East a distance of 60.85 feet; thence North 89 degrees 58 minutes 08 seconds East a <br />distance of 159.77 feet; thence South 78 degrees 01 minutes 47 seconds East a distance <br />of 176.04 feet to a point hereinafter referred to as "Point A"; thence South 12 degrees 11 <br />minutes 51 seconds East a distance of 164.00 feet and said centerline there terminating. <br />TOGETHER WITH a 20 foot wide permanent easement for drainage and utility purposes over, <br />under and across said East 500 feet of the South 200 feet (as measured along the East and South <br />lines respectively) of the Northeast Quarter of the Southeast Quarter of Section numbered <br />Twenty-seven, Township Thirty-two North of Range Twenty-five West. The centerline of said <br />easement is described as follows: <br />Beginning at the aforedescribed "Point A"; thence North 87 degrees 23 minutes 53 <br />seconds East a distance of 55.00 feet and said described centerline there terminating. <br />AND <br />A permanent 24 foot wide easement for ingress and egress purposes over, under and across the <br />East 500 feet of the South 200 feet (as measured along the East and South lines respectively) of <br />the Northeast Quarter of the Southeast Quarter of Section numbered Twenty-seven, Township <br />Thirty-two North of Range Twenty-five West. The centerline - of said easement is described as <br />follows: <br />Commencing at the Northeast Corner of said East 500 feet of the South 200 feet; thence <br />on an assumed bearing of South 00 degrees 25 minutes 08 seconds West, along the East <br />line of said East 500 feet of the South 200 feet, a distance of 35.00 feet to the point of <br />beginning of the centerline to be described; thence South 89 degrees 58 minutes 11 <br />seconds West a distance of 163.27 feet; thence North 45 degrees 47 minutes 57 seconds <br />West a distance of 32.97 feet; thence South 89 degrees 58 minutes 11 seconds West a <br />distance of 277.42 feet and said centerline there terminating. <br />(the "Development Property") in accordance with the Construction Plans, and is released and <br />forever discharged from its obligations under the above referenced Article III. <br />In addition, that a Lien Agreement between RIVERSIDE MANUFACTURING, INC., a <br />Minnesota Corporation and the City of Ramsey dated June 14, 2006 and recorded in the office <br />of the Anoka County Recorder as Document Number 488466.003 is hereby terminated and the <br />lien against the Property created thereby released and discharged. <br />42 <br />