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[Reserved for Recording Data] <br />AMENDED AND RESTATED RIGHT OF RE-ENTRY AGREEMENT <br />This Amended and Restated Right of Re-entry Agreement is entered into on <br />, 2023, by and between the City of Ramsey, a Minnesota municipal <br />corporation ("Seller"), and Stories Foundation, a Minnesota Nonprofit Corporation <br />("Buyer"). <br />Recitals <br />A. On December 29, 2021, Seller conveyed title of the following Property to Buyer: <br />Outlot B, COR STONE BROOK ACADEMY, Anoka County, Minnesota <br />B. Title to the Property was conveyed subject to Buyer fulfilling certain Conditions <br />as set forth below. <br />C. As indicated in the Purchase Agreement between the City of Ramsey and Stories <br />Foundation, a Minnesota Nonprofit Corporation, with an Effective Date of <br />October 29, 2020, Section 28, it is the intent of the parties to create and set forth a <br />right to impose a penalty or a right of re-entry in favor of Seller in the event Buyer <br />fails to satisfy the Conditions. <br />D. The Buyer and Seller entered in to a Right of Re -Entry Agreement dated <br />December 29, 2021 and recorded at the Anoka County Registrar of Titles on <br />December 29, 2021 as document number 596876.003. <br />E. The Buyer has platted Outlot B, COR STONE BROOK ACADEMY to NEW <br />LEGAL TO BE INSERTED (the "Property") <br />