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EARNEST MONEY CONTRACT <br /> 15-41-124 <br /> 01-03 <br /> We, the undersigned, hereby acknowledge receipt from the City of Roseville, a municipal corporation, of the sum <br /> of$1 .00, as earnest money on account of the grant by us to the City of Roseville, its successors and assigns, of a <br /> perpetual easement for pathway, and appurtenances over, under, and across the following tract of land in Ramsey <br /> County, described as follows: <br /> SEE EXHIBIT "A" <br /> 1. The undersigned grant the City of Roseville the right to enter upon the above easement to perform <br /> construction work for the above purposed immediately upon execution of this agreement by the grant <br /> herein, <br /> 2 The total price for such easement shall be the sum of $.00 of which $1 .00 has been paid as <br /> aforesaid, and the balance shall be payable as soon as a good and marketable title has been established and <br /> an easement in writing tendered. <br /> 3. We agree to promptly supply the registered property Certificate of Title if the property is Torrens property, <br /> showing good title in us, provided, however, the City of Roseville shall pay for any continuance of the <br /> registered property report. <br /> 4 If the premises are encumbered, we agree as part of the above consideration to obtain the consent of the <br /> mortgagee or other encumbrancer. <br /> 5 The easement to be granted shall be prepared by the City of Roseville at its own expense and shall include <br /> the perpetual right of said City of Roseville, its successors and assigns, to grade, level, fill, drain,pave, build, <br /> maintain and rebuild or widen a pathway, together with such culverts, cuts, or ditches as may be necessary, <br /> and to construct, maintain, operate, and repair utility mains, pipes and appurtenances over and across the strip <br /> of land hereinbefore described, together with perpetual easement for ingress and egress. <br /> 6 If title is not good and cannot be made good within 90 days, or if any encumbrancer shall refuse or fail to <br /> join in said easement, then at the option of the City of Roseville, this agreement shall be null and void and <br /> earnest money refunded. <br /> 7. <br />