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By: <br />By: <br />4. As an alternative to imposition of a financial penalty and not in addition thereto, <br />Seller may re-enter and take physical possession of the Property. Title to the <br />Property shall be restored in Seller, and Buyer shall execute whatever documents <br />and undertake whatever steps are necessary to establish and confirm Seller's fee <br />simple interest in the Property free of any claims or encumbrances, including <br />mechanic's liens. <br />5. This document constitutes the entire Right of Re-entry Agreement between the <br />parties. Any modifications or amendments to this Agreement must be in writing <br />and signed by both parties. <br />CITY OF RAMSEY, a Minnesota Municipal Corporation <br />Ryan Heineman, Mayor <br />Brian Hagen, City Administrator <br />This instrument was acknowledged before me on February , 2026, by Ryan <br />Heineman and Brian Hagen, as Mayor and City Administrator, respectively, of the City <br />of Ramsey, a municipal corporation under the laws of the State of Minnesota on behalf of <br />the Minnesota municipal corporation. <br />Notary Public <br />