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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 subject 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: 97c4. <br />Mark E. Kuzma, Myor <br />B <br />Kurt Ulrich, City Administrator <br />Dated: <br />Dated: <br />BUYER: STORIES FOUNDATION, a Minnesota Nonprofit Corporation. <br />By: v <br />Stephah1e Page, President <br />, 2021 <br />, 2021 <br />Dated: l d- / /5 / ? f , 2021 <br />