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. (a) Covenan~s, conditions, restrictions. declarations and easements of record. if any; (b) Reservations of mineral rights by the State of Minnesota. if any; . (c) Building, zoning and subdivision laws and regulations; and (d) The lien of real estate taxes and installments of special assessments which are payable by Purchaser pursuant to paragraph 6 of this contract. . 3. DELIVERY OF DEED AND EVIDENCE OF TITLE. Upon Purchaser's prompt and full performance of this contract, Seller shall: (a) Execute, acknowledge and deliver to Purchaser a Limited Warranty Deed. in recordable form, conveying marketable title to the Property to Purchaser, subject only to the following exceptions: (i) Those exceptions referred to in paragraph 2(a), (b), (c) and (d) of this Contract; and (ii) Liens, encumbrances, adverse claims or other matters which Purchaser has created, suffered or permitted to accrue after the date of this contact. (b) Deliver to Purchaser the abstract of title to the Property or, if the title is registered, the owner's duplicate certificate of title. 4. PURCHASE PRICE. Purchaser shall pay to Seller, at the Roseville City Hall. 2660 Civic Center Drive, Roseville, Minnesota 55113. or such other place designated by the Seller in writing. the sum of FortyThousand Dollars ($40,000.00), as and for the purchase price for the Property, payable as follows: $39.400 cash on hand paid on the execution and delivery of this Contract; and The further sum of $100.00 plus accrued interest payable upon the issuance by Seller of a Certificate of Completion for the Property. Purchaser shall be entitled to a $500.00 credit for the fee paid by Purchaser to the Seller under the City of Roseville Housing Replacement Program Participation Agreement. The $500.00 credit shall be applied to the purchase price upon fulfillment of Purchaser's obligations under this Contract. Notwithstanding anything contained herein to the contrary, all amounts due and payable under this Contract shall be paid in full on or before June 30.1999 ,without interest. 5. PREPAYMENT. Purchaser shall not prepay this Contract without the prior written consent of the Seller. which consent shall be at the sole and exclusive discretion of the Seller. 6. REAL ESTATE TAXES AND ASSESSMENTS. Purchaser shall pay. before penalty accrues, all real estate taxes and installments of special assessments assessed against the Property which are due and payable in the year 1999 and in all subsequent years. Real estate taxes and installments of special assessments which are due and payable in the year in which this Contract is dated shall be paid as follows: The parties shall prorate said real estate taxes and installments of special assessments between them as of the date of this Contract using a calendar year basis. . '- Seller warrants that the real estate taxes and installments of special assessments which are due and payable in the years preceding the year in which this Contract is dates are paid in full. 2