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<br />~. <br /> <br />.. <br /> <br />.J <br /> <br />,. <br /> <br />EXIllBIT A <br /> <br />Permitted Encumbrances <br /> <br />a. Building and zoning laws, ordinances, state and federal regulations. <br /> <br />b. Restrictions relating to use or improvement of the Property without effective forfeiture <br />provIsIons. <br /> <br />c. Reservation of any mineral rights by the State of Minnesota. <br /> <br />d. Utility and drainage easements which do not interfere with existing or planned <br />improvements. <br /> <br />e. The lien of real property taxes and the lien of special assessments and interest due <br />thereon, if any, payable in the year 2006, subject to proration thereof at the time of <br />Closing. <br /> <br />f. Exceptions to title which constitute encumbrances, restrictions or easements which have <br />been disclosed to Grantee and accepted by Grantee in the Purchase Agreement (if any). <br /> <br />g. Subject to highway easement in favor of the County of Anoka as set forth in Highway <br />Easement recorded as Document No. 331862 on January 8, 1970. <br /> <br />h. Subject to easement to Sheehy Construction Company, as grantor, in favor of Rice Creek <br />Watershed District, grantee, dated April 12, 1996, recorded on September 18, 1997 as <br />Document No. 1297636, granting a perpetual ponding and flowage easement over, on <br />and upon and across land described in said document as amended. <br /> <br />333132 1 <br />