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after Closing that the City can exercise it rights in the Right of Re-Entry <br /> Agreement to impose a penalty of$50,000 against the Property or re-enter and take <br /> physical possession of the Property <br /> 5. Buyer acknowledges that the Inspection Period expired on April 30, 2021 and that <br /> a Notice to Proceed was provided to the Seller. <br /> 6. The legal description of the Property is: <br /> Outlot B, COR STONE BROOK ACADEMY sub ect to easements as <br /> shown on Plat), Anoka County, Minnesota. <br /> To be platted as: <br /> Lot 1, Block 1, STORYTELLER CAFE ADDITION, Anoka County, MN. <br /> (the "Property") <br /> 7. All other terms of the Purchase Agreement remain unchanged except to the <br /> extent inconsistent with this Second Amendment to Purchase Agreement and the <br /> First Amendment to Purchase Agreement. <br /> SELLER: The City of Ramsey, a Minnesota municipal corporation <br /> By: Dated: , 2021 <br /> Mark E. Kuzma, Mayor <br /> By: Dated: , 2021 <br /> Kurt Ulrich, City Administrator <br /> BUYER: STORIES FOUNDATION, a Minnesota Nonprofit Corporation. <br /> By: Dated: , 2021 <br /> Stephanie Page, President <br />