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07/11/2007 17:43 FAX 952 886 3250 LARKIN HOFFMAN DALY U1014/018 20. Remedies, If Buyer defaults under this Agreement, Seller shall have the right to. (1) terminate this Agreement by giving fourteen (14) days prior written notice to Buyer, and it so terminated, Seller shall be entitled to obtain all of the Earnest money as liquidated damages; or (ii) seek specific performance. If Seller defaults under this Agreement, Buyer shall have the right to: (i) recover costs incurred by Buyer for Testing conducted pursuant to Section 3 (c) (i) and (d), not to exceed three thousand and 00 /1oo dollars (53000.00); or (ii) terminate this Agreement by giving fourteen (14) days prior written notice to Seller, and if so terminated, Buyer shall be entitled to a return of all the Earnest Money. Such remedies shall be the only remedies available to Seller and Buyer. Any action hereunder to seek specific performance shall be commenced within three (3) months of the date such right accrues. 21. Waiver of Relocation. Seller agrees that no persons will be displaced or relocated as a result of any purchase by the Buyer_ Seller waives any rights they may have under the Uniform Relocation Act of..1970, and the regulation adopted pursuant thereto by the United States Department of Housing and Urban Development, and any applicable Minnesota law relating to relocation. 22. Buyer's Representations and Warranties. Except to the extent specifically warranted by Seller, Closing on the purchase of the Property by Buyer shall be deemed a representation, warranty and agreement that Buyer has conducted or has been allowed to conduct a full inspection of the Property, and has not been, denied reasonable access to any area thereof; that Buyer has had.a,compicte right to bring experts on the Property, and to conduct, in a reasonable manner, all tests necessary to determine the condition of the Property, including without limitation the presence or absence on the Property of any hazardous substances or contaminant,; that Buyer has investigated to its own satisfaction the environmental condition of the soil, water and groundwater, and that based on Buyer's investigation S,' Buyer is aware of the condition of the Property and accepts the Property in its current "As -Is" condition. 23. Facsimile Signatures. This Agreement may be executed with signatures transmitted by facsimile and shall constitute a binding agreement with such signatures. Nonetheless, any party providing facsimile signatures shall provide the other party with the original signatures within five (5) business days after prQviding.the facsimile signature page(s). Seller and Buyer have executed this Agreement as of the date first written above. 7.2 - 1 4 -