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PURCHASE AGREEMENT <br />215. Page 6 Date 9/9/2011 <br />216. Property located at 3046 LABORE RD in LITTLE CANADA MN 55109 <br />217. SELLER WARRANTS THAT CENTRAL AIR-CONDITIONING, HEATING, PLUMBING AND WIRING SYSTEMS USED <br />218. AND LOCATED ON SAID PROPERTY SHALL BE IN WORKING ORDER ON DATE OF CLOSING, EXCCr T AS <br />219. NOTED IN TI IIS ! URCI IASE AGREEMENT. $ AS SEEN AT TIME OF INSPECTION <br />220. BUYER HAS THE RIGHT TO A WALK- THROUGH REVIEW OF THE PROPERTY PRIOR TO CLOSING TO <br />221. ESTABLISH THAT THE PROPERTY IS IN SUBSTANTIALLY THE SAME CONDITION AS OF THE DATE OF <br />222. THIS PURCHASE AGREEMENT. WAIVER OF <br />223. BUYER ✓ HAS HAS NOT RECEIVED A4SELLER'S PROPERTY DISCLOSURE ' <br />(Check one.) <br />224. SELLER'S DIS- CLOCURC ALTERNATIVES FORM. <br />225. BUYER HAS RECEIVED THE INSPECTION REPORTS, IF REQUIRED BY MUNICIPALITY. <br />226. SELLER AGREES TO NOTIFY BUYER IMMEDIATELY IN WRITING OF ANY SUBSTANTIVE CHANGES FROM <br />227. ANY PRIOR REPRESENTATIONS REGARDING THE PROPERTY. <br />228. BUYER ACKNOWLEDGES THAT NO ORAL REPRESENTATIONS HAVE BEEN MADE REGARDING POSSIBLE <br />229. PROBLEMS OF WATER IN BASEMENT OR DAMAGE CAUSED BY WATER ICE OR ICE BUILDUP ON ROOF OF <br />230. THE PROPERTY. <br />231. <br />232. KIMBERLY L. JOHNSON <br />(Licensee) <br />233 RECYCLE REALTY, LLC <br />(Real Estate Company Name) <br />234 James R Ertz <br />235. DF & Company Inc <br />236. <br />(Licensee) <br />is <br />NOTICE <br />Seller's Agent <br />is Seller's Agent <br />Buyer's Agent n Dual Agent <br />(Check ono.) <br />Buyer's Agent <br />(Check one.) <br />Facilitator. <br />Dual Agent <br />Facilitator. <br />(Real Estate Company Name) <br />THIS NOTICE DOES NOT SATISFY MINNESOTA STATUTORY AGENCY DISCLOSURE REQUIREMENTS. <br />237. <br />238. <br />239. <br />240. <br />DUAL AGENCY REPRESENTATION <br />PLEASE CHECK ONE OF THE FOLLOWING SELECTIONS: <br />Dual Agency representation DOES NOT apply in this transaction. Do not complete lines 240 -256. <br />E Dual Agency representation DOES apply in this transaction. Complete the disclosure in lines 241 -256. <br />241. Broker represents both the Seller(s) and the Buyer(s) of the property involved in this transaction, which creates a <br />242. dual agency.This means that Broker and its salespersons owe fiduciary duties to both Seller(s) and Buyer(s). Because <br />243. the parties may have conflicting interests, Broker and its salespersons are prohibited from advocating exclusively for <br />244. either party. Broker cannot act as a dual agent in this transaction without the consent of both Seller(s) and Buyer(s). <br />245. Seller(s) and Buyer(s) acknowledge that <br />246. (1) confidential information communicated to Broker which regards price, terms, or motivation to buy or sell will <br />247. remain confidential unless Seller(s) or Buyer(s) instructs Broker in writing to disclose this information. Other <br />248. information will be shared; <br />249. (2) Broker and its salespersons will not represent the interest of either party to the detriment of the other; and <br />250. (3) within the limits of dual agency, Broker and its salespersons will work diligently to facilitate the mechanics of <br />251. the sale. <br />252. With the knowledge and understanding of the explanation above, Seller(s) and Buyer(s) authorize and instruct Broker <br />253. and its salesperson to act as dual agents in this transaction. <br />254. Seller Buyer <br />255. Seller Buyer <br />256. Date Date <br />MN:PA-6 (8/11) PURSUANT TO PARAGRAPH 28 OF THE REAL ESTATE PURCHASE ADDENDUM (REPA) <br />THIS DOCUMENT IS SUBJECT TO ALL TERMS AND CONDITIONS SET FORTH IN THE REPA <br />BUYERS INITIALS <br />