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shall be promptly refunded to the Purchaser and Purchaser shall execute a termination <br />statement or quit claims deed upon the request of Seller or Seller's agent. <br />17. Notice. Any notice required or permitted by this Purchase Agreement shall be considered to <br />have been given and received if personally delivered to the parties or their agents personally <br />or deposited in the United States mail postage prepaid by certified or registered mail <br />addressed to the parties at the following addresses: <br />Seller: <br />Purchaser: <br />With copies to: <br />Madeline Sigstad, Trustee <br />Gerald Sigstad, Trustee <br />2420 Pascal Street North <br />Roseville, MN 55113 -3124 <br />Attn: Joel Hanson <br />City of Little Canada <br />515 Little Canada Road East <br />Little Canada, MN 55117 -1600 <br />Tom Sweeney <br />Sweeney, Borer, Sweeney <br />Suite 1200 <br />One Capital Centre Plaza <br />386 Wabasha Street North <br />18. Destruction and Eminent Domain. In the event the Property is destroyed, substantially <br />damaged or any part thereof shall be taken by eminent domain, this Agreement shall become <br />null and void, at Purchaser's option, and all monies paid hereunder shall be refunded to <br />Purchaser. Should Purchaser elect to proceed and close the transaction contemplated hereby, <br />there shall be no reduction in or abatement of the purchase price, but Seller shall assign to <br />Purchaser Seller's right, title and interest in and to all insurance proceeds or award resulting <br />from such destruction or taking. <br />19. Possession. Possession of the Property shall be granted by Seller to Purchaser on the date <br />and at the time of closing. <br />20. Closing. The closing shall take place at the offices of Commercial Partners Title, LLC, 330 <br />Second Avenue South, Suite 820, Minneapolis, Minnesota 55401 on Thursday, October 1, <br />1998 at 10:00 a.m., unless otherwise agreed by Purchaser and Seller. At closing, Seller shall <br />deliver to Purchaser, at Seller's expense, the documents specified in paragraph 5 of this <br />Agreement. <br />21. Closing Proration. All rental and other income from the Property shall be prorated as of the <br />closing date and any such income allocable through the day of closing and thereafter which <br />has been paid to Seller shall be credited to Purchaser. All rental and other income from the <br />Page 8 of 11 <br />Page 41 <br />