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Nn 1517A <br />MILLER 'DAVIS Co. <br />AWmrnlolie, A1N <br />1)0 NO!' C'OIY <br />Sarin' to CnpyirhI l,,.. ' <br />STANDARD <br />PURCHASE AGREEMENT <br />I Little Canada Minnesota 19 86 <br />o RECEIVED OF the City cf Little Canada <br />the sum of Ten and No /100 Do)I'Irs)S 10.00 ) <br />by . check . as earnest money to be deposited the next business day after acceptance in trust account of listing broker <br />• <br />(unless otherwise specified ut writing) and in part payment for the purchase of the premises legally described as <br />See Attached Exhibit A for Legal Description <br />Pa_rett_i -- <br />WIIITE-Ofnee Dopy <br />YM_DOW.Onycr'o Copy <br />GRICENSeller Copy <br />PI Nx -0uyer'e nreeipl <br />:' located at (Street Address) <br />9 City of _ Little Canada County of Ramsey State of Minnesota, <br />n ^lading n11 i In t t 1 rA.. •0 * .. ,e's" dro wet K.nr•^ de•44t`'�6f+1 ?' <br />traverse - drapery rods, attached lighting fixtures with bulbs, plu rnbing fixtures, water heater heatin• s n -'er, centt air conditioning, <br />electronic air filter, automatic garage door opener with controls, wit ion outlets and cabling, BUILT-INS to include: <br />dishwasher, garbage disposal, trash co • - o' op store, microwave oven, hood -fan, intercom, installed carpeting, IF ANY,' <br />uv <br />all of which property Seller has this day sold ;0 Buyer for the sum of S <br />Dollars, <br />which Buyer agrees to pay in the following manner: Earnest money of $ 10.0 0 and <br />S _.__ _.-_.__ __ cash on n+ I for the d t of clo ina 1eX`1P]D51tldt# <br />Nxx wniclt shall -be ohdx'xxxxx'xWPfasacx daysof -- Cue— dattruf —Ellis �te§ree `Tt, eri . <br />_The Beyer shall examine title to the property described in the Purchase <br />Agreement at its own cost. If any objections are made by the Buyer, tae <br />Seller shall be allowed sixty (60) days to naTe title marketable, and if <br />title cannot be made marketable, this Agreement shall be null and void at' <br />the option of Buyer, and all money pain by Buyer refunded. <br />This Agreement is contingent upon Buyer obtaining necessary Consents to <br />the Easement by Mortgagees of record, if any. <br />Attached are —0— addendoms which are made a pan of this agreement. SUBJECT TO TO performance by Buyer, Seller agrees to execute and deliver a grant of luerm«, Easement +) notkxoL <br />to be joined in by spouse, it any, conveying marketable title to the premises subject only to the following exceptions: <br />(1) Building and zoning anus, ordinances, State and Federal regulations. (2) Restrictionsrolating rouse or improvement of the premises without <br />effective forfeiture provision. 13) Reser ration of any minerals or mineral rights to the Stale of Minnesota. (4) Utility and drainage easements <br />which do not interfere with pr 05001 moil ovements. (5` Birtrks of 1e noels,'' any. <br />19 _—, Seller agrees to pay.._—.... -_ i 12ths and Buyer agrees to pay - - - -- / 12ths of annual installment of special cots due <br />and payable in the year 19 agrees to on the date of closing all special . dents levied and pending. • <br />Buyer shall pay taxes due and payable in the year 19 __ and any unpaid inst. Ili n • " special assessments payable therewith <br />and iherea Ile' a .ms that taxer due and payable m the year 1 f will be - homestead <br />r <br />c nssil c 1 of . Nether Seller r or Seller's Agent makes any cm ore- - . , oh co ,am ling the amount of future real estate taxes. <br />n'ARR AN; 75■ Si Ile: v- r:"ronl <. :hot buildino r are entirely within the boundary lines of the premises. Seller warrants that all <br />ap;,t'nncer. h.. •a:-.'r. ,,,.Lmmnin, rid plumbing used and located on the premises are in proper working order on date of closing. <br />B,.,5'h e i 0 dosing. Buyer shall satisfyhimself /herself at his /her expense that all appliances, heating and air <br />c adrtM c :r. in proper working order before closing. Seller warrants that the premises are connected to: city sewer <br />vr.•. cay •n..c _' no. If the premises are destroyed or substantially damaged by fire or any other cause before the <br />,snit d, nyyne <br />closing. <br />POSSESSION Seller a <br />IG <br />iclivrr possession not later Ilan <br />ir i parties as of _ _._ . Seller agrees to remove all debris and all personal property not included he •m the <br />premises before possession date, <br />TITLE & EXAMINATION Seller shall, within a reasonable time after acceptance of this agreeme. • nosh an Abstract of Title, or a <br />Registered Property Abstract. ccrtitled to date to include proper searches covering bankruptcie a and Federal judgments and liens. Buyer <br />shall be avowed 10 busty05 s se idler receipt for examination of title and making' Lotions, which shall be made in writing or deemed <br />bGC <br />waived. If any objection's so melt Seller shall be allowed 120 days to mapr' narketable. Pending correction of title, payments hereunder <br />i required shall be postponed, but ,roon correction of title and u days after written notice to Buyer, the parties shall perform this <br />5F3 agreement according to its terms. tl 0170 is not correct in 120 days from the date of written objection, this agreement shall be null and ' <br />, void, at option of Buyer, neither p rte shall hp or damages hereunder to the other, and earnest money shall be refunded to Buyer. <br />t,(: DEFAULT if title is marketable or od within said time, and Buyer defaults in any of the agreements herein, Seller may terminate this' - <br />i;; agreement, and on such ter' ,. ton all payments made hereunder shall be retained by Seller and Agent, as their respective interests may appear, <br />62 as liquidateddam Imebeingof the essence hereof, This provision shall not deprive either parry of the right of enforcing the specificperformanco <br />,3 of )his rent, provided this agreement is not terminated and action to enforce specificperformance is commenced within six months after <br />ACCEPTANCE Buyer understands and agrees that this vale i- ; 04101 to acceptance by Seller in writing. Agent is not liable or responsible <br />mi on account of this agreement, except to return o, o0' -.110: In' Y 0rl0,a5t 010o05, <br />[,7. AefNe''e10CL09URC ._— _._. __ u-.._._____.._ __....___...1a..,h.h..L,....b.. ....,,,ce..A4,.g 4... —. <br />' &.a wore. F., ' ti ',4 a', . 'r - et 0 'IMg I' •eII , Y. IhW Ira —cell <br />(y: I, the owner of the �remi,es, accept this agr \ement and <br />7!: the sale hereto <br />7 : SELLER \7 r�(i,, W" <br />: SELLER <br />Delivery of all papers and monies shall he made at the office of: <br />Company _cityt pfitl tt1eaCanada <br />Address LsJti,e Canada, 55117 <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 />BUYER <br />Selling Agent <br />2? <br />