|
No 01:A
<br />,011.' 511 llA\'IS
<br />Wm„I ^I,n. Fes
<br />W NOT W M'
<br />S.Wet 1, 0p, p-I.N ln,vn_
<br />STANDARD
<br />PURCHASE AGREEMENT
<br />Little Canada ,Minnesota 1986
<br />RECEIV'ED00 the Cityof Little Canada
<br />me Burn of Ten and No /100 Dollars ($.16 . 00
<br />' by _.J check —.. as earned money to be deposited the next business day attar acceptance in trust account of listing broker
<br />lunless otherwise spx.illed In writing) and in part payment for the purchase of the premises legally described as
<br />See Attached Exhibit A for Legal Description
<br />ra -r(;el vi
<br />lyi I ITE-Ofece Copy
<br />YBLLO W.Beyer'n Copy
<br />QUEEN. Sol'a'r Copy
<br />PINR-0tiyer'o Receipt
<br />located al (Street Address(
<br />C
<br />Little Canada Ramie ...... ...- _._.__., Slain of Minnesota,
<br />Coy of Li
<br />_. ....._ ... ._. County of .___. _.. .. ..... i' __ ..
<br />lfaverse•dvleery rods, attached lighting llxlures wth bulbs, plumbing fixtures, water heater, Ilentinrsys •'dg'., , lair condtllwung,
<br />electronic air filter, automatic cis, OW door opener with controls, wale' • rp. It b outlets and cabling, BUILT-INS to include:
<br />dishwasher, garbage disposal. trash rot a op stove, nlicrowove oven, hood -fan, intercom, installed carpeting, IF ANY,
<br />all of which property Seller has ties day sold to Buyer for the suns of $ 4yr 4Ga cc • P77
<br />Dollars
<br />which Boyer agrees to 385 in the following manner: Earnest money of $ 1 0 0 0 and
<br />s _ ._.c.n shall - lie -a or on days-of the-date-of thi ree e il£3111
<br />tdxx_ wni �xx�x b ( axx tf1dbl{
<br />The__I3uyer shall examine title to the_property described in the Purchase
<br />Agreement at its own cost. If any objections are made by the Buyer, the
<br />Seller shall be allowed sixty (60) days to make title marketa-b-le, anuif
<br />title cannot be made marketable, this Agreement shall be null and voice at'
<br />the option of Buyer, and all money -pain by Buyer refunded.
<br />This Agreement is contingent upon Buyer obtaininaj ecessary Consents to
<br />the Easement by Mortgagees of record, if any.
<br />Attached are .7Q-_. addend'', ns which are made a part of this agreement To fox'
<br />SUBJECT TO per forma. vs; Iq- Boyce, Seller afroes to execute and deliver a _Grant Of ietrree iB!#E Easet(k?nt .eau,.venrdyxot
<br />to he twined 111 by 1.3005,'. 11 ,i11'i. f( :oveylll'! marl (Itilble tale In Ole premises subject only to the following exceptions:
<br />111 Building and zoning.nen,ul. nlise:es, 'State and Fedliral 1 n9utadons. (2) Restrictions relating to use or improvement of the premises without
<br />effective lot (oil ure prevision. 31 ) Reservation of all f 1nin,'m is fir minesel lights to the, Sta le of Minn,:salp.;41 Utility and drainage easements
<br />wivoh do nor interfere with p1 eSynl u:.plosol lmLL;..161 ? -1> • 11, ue 110. if any
<br />19 _ _ Seller agree;, h, pa': ...__
<br />• _.. , file In 9 iG
<br />121110 and Bul -er agrees to piiy _
<br />721 h:: of annual installment of special ants due
<br />the darn of closing oil special . nests levied and pending.
<br />installm special assessments payable therewith
<br />__ will be homestead
<br />corning the amount of future real estate taxes.
<br />and payable in the 500, 19 agrees to __._. . __on t
<br />Bu0, shall pay taxes doe and payable In the year 19 — and any unpaid
<br />and meteoric, Seller m o: rants goo taxes due and payable to the soar 19
<br />c. :'ss,LCaeon fled 40 Sonar nor Seller's Agent makes any ;epn' =- on
<br />'A'ARR ANT IFS :sac ,. ants ;
<br />abalone-es 111.:11 1.:10:. 1'1 . .1 .
<br />on c
<br />that building.
<br />ale entirely within the boundary lines of the premises. Seller warrants that ell
<br />onion Landplumbing used and located on the premises are in propecworking order on date of closing.
<br />ram to ceasing - Buyel sh:a! pmisly himself /herself at his/her expense that all appliances, heating and air
<br />10 in proper working ordw bolo, e closing. Seller warrants that the premises are connected to: city sewer
<br />ti no. If the premises are destroyed or substantially damaged by fire or any other cause before the
<br />lOFSESSION Solba
<br />iell'/rr possession not later )hall
<br />_ closing.
<br />parties as of ________ . Seller agrees to remove all debris and all personal properly not included he
<br />premises before possession 501'0
<br />TITLE 8. EXAMINATION Daher shall, within a reasonable l ee: after acceptance of this agreeme ntsh an Abstract of Title, or a
<br />. Register ell 111031.1 ly AIM::;“::. (0 • (decd to dote to i ncl ode proper searches covering bankruptci n ' ! and Federaljudgments and liens. Buyer
<br />shall beagnwe(1101.'.w ! nrsd",' tiller receipt for examination of title and making,. actions, which shall be made in writing or deemed
<br />waives 11 any chje_,PV is so me-Ai Sell c: shall be allowed 120days to ma na rketable. Pending correction of title, payments hereunder
<br />rewired shall be 3os11 ■onr'd. b,,, 3' 03 correction of title and ' • days alter written notice to Buyer, the parties shall perform this
<br />agreement according to es ter MS 1';'110. is 001 corer t un(20 days from the date of written objection, this agreement shall be null and
<br />void. at option of Buvcr. nettle: per, shall he or damages hereunder to the other, and earnest (lone' shall be refunded to Buyer.
<br />• DEFAULT it otters ma' keraDl,, o. is • ad within said time, and Buyer defaults in enrol the agreements herein, Seller may terminate this
<br />agreem0,11. and on such pee , eon all tlilylnents madehereunder 51131190 retained by Seller and Agent, as their respective interests may appear,
<br />as liquidated dent ' and being of 11: eea tenco howof,Thi:: provision shall not deprive either pally of the right of enforcing the specific performance
<br />I .' _ cent, provided this fiat earwig is col terminated taxi action to enforce specific performance is commenced within six months after
<br />the
<br />ACCEPTANCE Buyer understands and agrees Ma; i- 510,110:1 In acceptance by Seller in writing. Agent is not liable or responsible
<br />on account of this agreement. except to return re n. „ 1 , , . 11.1, n.'- r.•y.
<br />*OENC'f fOCL 0SIC
<br />1 1 �p g all
<br />I, the owner of the premises, accept this agreement and
<br />' the sale hereby made.
<br />SELLER
<br />.J SELLER BUYER
<br />Delivery of all papers and monies shall be made at the office of:
<br />Company _S}? Qf .L�,yttle_Sdanad& Selling Agent
<br />Little Cana a Road
<br />Address Little Catladar_ALg 55117 city Zip
<br />THIS IS A LEGALLY BINDING CONTRACT, IF NOT UNDERSTOOD, SEEK COMPETENT ADVICE.
<br />I agree to purchase the premises for the price and on the terms and
<br />conditions set forth above. CITY OF LITTLE CANADA
<br />BUYER
<br />23
<br />
|