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3.Warranty Deed(Top 3 inches reserved for recording data) LIMITED WARRANW DEED Business Entity to Business Entity Minnesota Uniform Conveyancing Blanks Form 10.2.9 (2011) DEED TAX DUE:oArE: _,2021 (nbnlh/day/year) FOR VALUABLE CONSIOERATION, KRAUS-ANDERSON, INCORPORATED, a Minnesota corporation ('Grantor'), hereby conveys and quitclaims to NORTHLAND SALONS CHAN OWNER, LLC, a Minnesota limited liability company ('Grantoe"), real property in Carver County, Minnesota, legally described as follows: See gEi!i!.A attached hereto. Check herc if all or pad of the described real properv is Registered (Toffens)X together with all hereditaments and appurtenances belonging thereto. This Deed conveys after-acquired title. Grantor warrants that Grantor has not done or suffered anything to encumber the property, EXCEPT: See Exhibit B atiached hereto Check applicable bx:E The Seller certifes that the Seller do€s not know of any wells on the described real property.tr A well disclosure certifcate accompanies this document or has been elecbonically filed. (lf electronicallv filed. inserl WDC number: -E-D I am familiar with the property described in this instrument and I certit/ that the status and number of wells on the described real property have not changed since the last previously fled well disclosure certifi cate. Page 'l of 4 IThe remainder of the page is blank.l q lN WITNESS WHEREOF, the Grantor has executed and delivered this Deed as of the date first above written KRAU9ANDERSON, INCORPORATED By: Name: TiUe: Bruc€ W. Engelsma Chief Executive Offcer STATE OF MINNESOTA COUNTY OF HENNEPIN This instrument was acknowledged before me on the _ day of 202'1, by Bruce W. Engelsma, the Chief Executive Officer of Kraus-Anderson, lncorporated, a Minnesota corporation, on behalf of said corporation. (Seal, iI any) (signdde ol notetial oficei Title (and Rank):_ THIS INSTRUMENT WAS DRAFTED BY James E. Schmeckpeper, Esq. 501 Soulh 8h Street Minneapolis, MN 55404 My commission expires:_ (non tlday,year) TAX STATEMENTS FOR THE REAL PROPERTY DESCRIBEO IN THIS INSTRUMENT SHOULD BE SENT TO: Northland Salons Chan Owner, LLC Page 2 of 4 s s s Exhibit A Legal Description That part of Lot 2, Block 1 , CROSSROAOS OF CHANHASSEN, according to the remrded plat thereof, Carver County, Minnesola, described as follows: Commencing at the northwest comer of said Lol 2; thence South 00 degrees 29 minutes 44 seconds Wesl, assumed bearing along the west line of said Lot 2, a distance ol 42.73 leel to the point of beginning of the land to be described; thence continuing South 00 degrees 29 minutes 44 seconds West, along said west line, a distance of 119.39 feeti thence South 89 degrees 30 minutes 17 seconds East, a distance of 119.49 feet: thence North 00 degrees 29 minutes 43 seconds East, a distance of 21.44 teel: thence South 89 degrees 30 minutes 17 seconds East, a dislance of 99.73 feet; thence North 00 degrees 29 minutes 43 seconds East, a distance of 36.03 feet; thence North 89 degrees 30 minutes 17 seconds West, a distance of 6.74 feet; thence Notth 00 degrees 29 minutes 43 seconds East, a distance of 61.92 feet; thence North 89 degrees 30 minutes 17 seconds West, a distance of 2'12.48 feet to the point of beginning. Page 3 of 4 4 5 Exhibit B Permitted Title Exceptions The lien of real estate taxes payable in 2021 and all subsequent years. Easements for utilities and drainage as shown on the plat of Crossroads of Chanhassen. Declaration of Easements, Covenants and Restrictions, dated September 29,200a, recorded October 3, 2008 as Document No. 490037 as amended by First Amendment to Declaration of Eas€ments, Covenants and Restrictions dated May 9, 2013, recorded May 13, 2013 as Document No.576723- MnDOT Right of Way Plat No. 10-17 recorded as Oocument No. 399301. Devefopment Contract daled May 27 ,2008, recorded June 2, 2008 as Document No. 484405, as amended by Amendment to Development Contract, dated July 28, 2008, recorded September 8, 2008 as Document No. 488856 as affected by Partial Release dated Apil 12,2013, recorded July 3, 20'13 as Document No. 579987. Restrictions dated May 25,2012, recorded May 29, 2012 as Document No.555760. Site Plan Agreement dated March 25,2013, remrded May 28,2013 as Documenl No. 577566. Cross Parking Easements Agreement dated _, 2021, recorded _, 2021 as Document No. _ Declaration of Easemenls, Covenants and Restrictions dated _, 2021 , remrded _ , 2021 as Oocument No. Reslrictive Use Covenant dated _, 202'1, recorded _, 2021 as Oocument No. Oevelopment Agreement dated _,2021, rcc,tded _, 2021 as Document No. _. Storm Water Facility Mainlenance Agreement dated _, 2021. recorded _, 2021 as Document No. 13. DeclaEtion dated 2021 , recotded 2021 as Document No 6 7 I I 10. 11. 12. Page 4 of 4 1. 2. 3.