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RELEASE OF RIGHT OF RE-ENTRY AGREEMENT <br />Date: January 14, 2020 <br />The City of Ramsey, a Minnesota municipal corporation (the"City") hereby releases that certain <br />real property which is legally described as follows: <br />Lot 1, Block 1, COR Stone Brook Academy, Anoka County, Minnesota <br />(the "Property") from the following: <br />1. That certain Right of Re -Entry Agreement by and between the City and MK Johnson <br />Properties, LLC, dated August 22, 2017 and filed November 17, 2017 as Document No. <br />552705.010 in the office of the Anoka County Registrar of Titles (the "Right of Re -Entry <br />Agreement"). <br />THE CITY OF RAMSEY <br />By: <br />Its Mayor <br />And By: <br />Its City Administrator <br />STATE OF MINNESOTA) <br />)ss. <br />COUNTY OF ANOKA ) <br />The foregoing Release was acknowledged before me this day of , 2020, by John <br />LeTourneau, the Mayor and Kurtis G. Ulrich, the City Administrator, respectively, of the City of Ramsey, <br />a Minnesota municipal corporation, on behalf of the City. <br />Notary Public <br />This instrument drafted by: <br />City of Ramsey <br />7550 Sunwood Dr. N.W. <br />Ramsey, MN 55303 <br />