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OP�N SPAC� EASEMENTS AKO C�Y�NRNTS THIS IN�ENTURE, �ade and en�e�ed into this bth day af �ecember, 1958, by and between BAH-COK FNC., a Min�esota carporatian, Oeveiaper; �AhKERS MORTGAG� CORPORATION, a�i�nesota cor�arativn, Mortgagee; hereina�ter coilec- tiveiy called "grantor"; and the VILLR�E 0� �OS�VILLE, hereinafter cailed „grantee". W i�'I��SSETH: Whereas, the sa�d grantor �s deveiopZng certain real estate far a resiaentia� corimur�ity known as W�st�rood Village, and Wt�ereas, ti�s said g�rantor desires to set aside witf�in sai� com- munTty certain a�res as perrnanenL open s�ace, and other comman fdGl�ZtiES tc �rov�de recreaiion ar�d en,�oyment exciusively for residents ir, said com�unity, and Whereas, the said grantor has dee�ned it desirabie, for the effi- cie�t preseriiat�on and enhancement of the value5 ar�d ame�iti�s in said com- inu�ity and to insure the residents' enjoyment of certa'in rights, privileg�s ar�d eas�ments in said apen spa�e, and comman facilities, to createan agency the h[estwoad Viliage association, which shal] own and mai�tain said open 5�a�e and common -faci3itzes exclusively far the benefit of the re��dents in said eommunity, and Whereas, the 5aid �gra�Lor desires ta assure the Viliage of Rosevi1le, Ra�tsey Coun�y, Minnesota, that �he open SpdCP, and other cort�un�ty areas to be mainiained by ��e ldestwood Yillage As�ociation shail �e pe�manent- ly cievoted ta recreatiar� and comman enjoyment hy the residents in Westwood 4li�iage and shail r�o�C be deve�oped except as hereinafter provided. �EOW T�EERE�QRE, for and i n consi derati on of the prami ses and the sum of �1.OU to the grantor in hand paid, receipt whereaf is hereby acknow- iedged, and said gran�or hereby grants and ca�veys �nto the grantee, and �he yra�tee here�y accepts an estate, zrt�erest and open space easement in the foilowing described areas: Lot 1, Slock S, �festwood Viilage Tawr�hou5es, Plat 1, an add�ition to the V��lage of Rosev�ile, Ramsey Cout�ty, Minnesota. 5aid esta�e, interest and apen space easemer�t sha� 1 be of the nature and extent hereir�after speci- fied and shail COF15t1�Ut2 a se�vi�ude u�an th� above described areas which shall �esu�t from the cestri�tions here6y imposed upon the use of said area5 and to that end and �ar the purpose of accampiishing the inte�t of t�e parties hereto, said grantor covenants an behalf af itself, its successors and assigns: -13= 11I2/91 SGQl�'lG'd EL9Z069L99{}{+��} l,O�LL 800ZlSZl64