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1011111Wriffir\ve,kot& <br />„ STANDARD 199.1.0W-thiseirs Coes <br />Id' Nthr coev 1 <br />PURCHASE AGREEMENT CatEEN.Stiller'S Copy <br />- -. 1.110.Ell 15/.1•01:c <br />PINK•Buysirs Receipt <br />Little Canada , Minnesota , 19 86 <br />y of Little Canada <br />RECEIVED OF the C t <br />The stim „t Ten and <br />b ._check <br />(unless otherwise specified in <br />See Attached <br />No/100 . <br />— Dodoes (9 <br />as earnest money to be deposited the next business clay after acceptance in trust account of listing broker <br />. <br />writingl and in Dort payment for the purchase of the premises legally described as — <br />Exhibit A for Legal Description <br />located al IStreet Address) ___ <br />. — <br />City of __________194, _ '•t-q-c= .cP.I.c1!•?• _ .. _mi .... _ , County of _______,P.11.19seY L_ ___ , State of Minnesota, 1 <br />tr aver se.drapery rods, attached lighting fixtures vie h bulbs, plumbing Exult es, water heater, heatinlaihuta- asconditioning, <br />85)7t(110nic air filter, at 100101 g:NT age door opener with controls, wa t ' fittift0111 011001S and cooling. BuilT-INS to include: <br />ti ti , ,1 .., „EVE; ;.1r ; . ti is FBitetaolorreventsPrEta: op stove. microwave oven, hood-fait, intercom, installed carpeting, IF ANY, <br />4 44,4-044-8-the-141thwirpptvorseatiel-p400111 Lr,------------.....--- .7;;:: 11-/-- <br />all of which property Seller has this day sold to BUM for the sum of $ <br />S2d2__Thauadnd_TwadBundreddaevmufy-five-and. No./10-0- Donors, <br />1,260.03 —Had <br />which Buyer agrees Da N' the iallowirm manner: Earnest money of P <br />—which shall -be -orcntriSeiriffe-45-- daysmo f -the-dater-of ---thPS' `in rfeVitachrun'AA'"I"'"'Y <br />xxx. xx{xxxxx xx&r,oncx_ <br />The Buyer 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 ErEie marketabr6, ancrif <br />title cannot be made marketable, this Agreement shall be null and voia at <br />the option of Buyer, and all money paid Buyer reTunedd. <br />This Agreement is contingent upon Buyer obtaining necessary Consents to <br />the Easement by Mortgagees of record, if any. <br />7.4=teit,e/m/ L'7, <br />• SUBJECT TO petformance by Buyer, Seller agrees to execute and deliver a _grant o. ''aarifent—SonOcot <br />(1) Building and sontng taws, ordiciances. Slate and Federal regulations. (2) ROStliC.1100S relating to use or improvement of the prethises without <br />M he tomer! in by spouse, If any, conveying marketable tele le the promises subject only to the following exceptions: <br />ef f eclive forfeiture provision. 13) Reservation of /115V minerals or mineral rights to the State of Minnesota. (4) Utility 011(1 drainage easements <br />which do not interfere with pr E!S ..... i11'05overneneh 9 tenthis, if reiv, <br />: Attached are? ii.O.r___ amen/mum which me made a part of this agreement. <br />urn thn y <br />19 .„... Seller agree,: 00 pav / 12ths and Buyer oth 009 to pay / 12ths of annual installment of snitch ents due <br />and payable in 00. vp•.r 14 agEteS tO 011 100 d010 of closing all cpocio I., iocits levied and pending. <br />Buyer snail pay taxoti •7510 end payable in the year 19 ____ and any unpithl instant special assessments payable therewith <br />and thereat tor Seib or, m05PIS 0 1:51 17-15051 5fue and payable in the year 1E <br />cressification Nestle, Seiler inti 10etier's Agent makes sop ,,,te, re t concerning the amount of future real estate taxes. <br />WARR AN1Ifill E. 9 i wiii tanB. Mat builchnos t , .151! 011110. ) Wil.li .. toundary 11108 p1 tlpe pr emises Seller warrants that all <br />anplianses I 'is t .. l ,- 5(4.70000W° . 15f 5111(11)41111t1105; 1150(1 715-1(i IOC:110d 00 the premises are in proper working order on date of closing. <br />9 00, Ile'. ''071; It. tri t . - t w. mire to closet.) LP rim shiEsatisly himself rbeseett at his/her expense that all appliances, heating and air <br />in teoper workiim 01001 tatiol 0 Ci0:5111t-1 Sollet warrants that the premises are connected to: city sewer <br />. ' no If the ',remises J e demioyeti or substantially damaged by I ire or any other cause before the <br />. .. . <br />PUS' t3FSSIC)N :MO i t s •, .10■IN't.! 00:0511t,C1011 1101 tale! 111051 .. — .... -„..-..-...---------_—„--.. closing. <br />, ei <br />pas y-0 I.: '.:PI . Seller 091 005 to remove all debris and all personal property nol included he ' 411 the <br />mwmsesorritheossesithhsti <br />TITLE 8, EXAMINA-115)1.1 r1(iiii•r siiirll. wallet a reasons! ,1 limo after acceptance of this agreem lish an Abstract of Title, or <br />Ret;isleted ei omit iy ido.ti psi or.• Dhoti 100010 10 Include meow searches COVOI Mg bankruptcies atid Federal judgments and liens. Buyer <br />shall ,e al--.'.'-;) 10 005,1 '010 - 18) 1,)) 107:0101f or examination of title and making 7 .1 CC0000, Willell shall be {Dade in writing or deemed <br />waives li any 01110 m/i ir so mei' i_ Seller shall be alloys& 120days to ma •r• ' narketable. Rending correction of title, payments hereunder <br />remised shall De posisent d• Die ..i 5011 correction of title 71116 ' 0 days after written notice 10 Eitly0f, the parties shall perform this <br />agreement 000041104 07 051001S • r • k r n not court . , ton i 20 days from the date of written objection, this agreornenl shall <br />Yost at opt '00 of Buyer neeho: last •- (halt be i -- . tor damages hereunder to the other, and earnest money shall be refunded to Buyer. <br />DEFAULT If thle is ir.ariteroble or ts . pmed within said timer, and Buyer defaults in any of the agreements herein, Seller may terminate this <br />agreement, and on such tf,"'' .. .,op all '30y1110010 made hereunder shall be retained by Seller and Agent, as their respective interests may appear, <br />as liquidated dam'' ,. Jniet being ot INC e ritencelmicol. This provisiontsliall not deprive either panyof the right of enforcing Me specificperforrnanco <br />of this os . mere, provelud tot, cm et . , • • . - ' (019 LictIon to enforce specificperformance is commenced within six months after <br />• s' 1,0 - 1' <br />ACCEPTANCE Buyer understands ancl agreed thai '00 1-'1'• 1 7-...H05"t. 10 510111010000 by Seller M writing. Agent is not liable or responsible <br />on account of this agreement, except to return -.• 5' ” • ' 5. . • .•1 1 '015 15 17 <br />Id 1 et-- et ,1. Lit.' g ..gel lor‘,Ite L, were ' s, ( ' c e-t1 rear.° 9-11,etle1lex In th, t,s MIA <br />I. the owner of the premises, accept 1015 agreement and I agree to purchase the premises for the ;trice and on the terms and <br />conditions sot forth above. CITY OE LintE cANADA <br />i4 BUYER _ <br />the safe tierP1lW n3ade. <br />SELLER <br />SELLER <br />Delivery of all papers and monies shall be made at the office of: <br />// <br />company :.:AEasana<:31- <br />- Address Eapadaj ITN 55,117 City Zip <br />THIS IS A LEGALLY BINDING CONTRACT. IF NOT UNDERSTOOD, SEEK COMPETENT ADVICE. <br />BUYER <br />Selling Agent <br />54 <br />1 <br />