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December 31, 2033, the City shall duly execute and record a release of this Agreement, upon the <br /> written request of the then holder of fee title to the Development Property. <br /> 5. This Agreement shall be recorded by the City with the County Recorder of Crow <br /> Wing County, Minnesota. The Developer shall pay all costs of recording. <br /> 6. Neither the preambles nor provisions of this Agreement are intended to, or shall <br /> they be construed as, modifying the terms of the Development Agreement between the City and <br /> the Developer. <br /> 7. This Agreement shall inure to the benefit of and be binding upon the successors <br /> and assigns of the parties. <br /> 2055837v2 C-2 <br />