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41'If1'1'1 :Drfmc copy <br />A41,:E1t al sC a_ TPl JUN ,Wgee's Copy <br />�• 1 . a STANDARD C ?RN 9rlrr'nCupr Nur cony <br />PURCHASE AGREEMENT PINwBeyen'. Receipt <br />Little Canada ,Minnesota ______ April._..___ ,19.87 <br />R Cr1vf n OF .... the City_ of Little Canada <br />th,a.paof ....._Ten and No/100 ... Dollars (510.00 _ r <br />by Check _ as earnest money to be deposited the next business day after acceptance in trust account of listing broker <br />fu ,•• erw sll so' r fine in writing) and in part payment for the pt tchese of the premises legally described as <br />See Attached Exhibit A for legal description. <br />ated at (Street Rdaresr) <br />12amsc Y_..._ ___ Brae of Min:,....knn, <br />.e (11 l0er {r( <br />one': an -bile: <br />1, attached lighting fixtures with baits, plumbing fixture <br />,' c garage door opener tern /cool,, ' <br />• .:I a •'1 • s . rnoklop stove, r <br />tiler 11007 e1, Ilea <br />e le erosion outlets :Ind <br />owave oven, hood -fan, intorcol <br />10 an conllinen:ny, <br />17)09, CURT -INS to Include: <br />installed cal going, If AXIS', <br />+ <br />e• <br />. • wi n7) rowerty Seller has this day sold to Buyer for the sum of S _.1,.471..50 <br />7 <br />One Thousand Pour Hundred Seventy-one and 50 /100 Dollars, <br />w' S • inners to paw in the following manner Earnest money of $ 10 0Q and <br />s 1,,461.50 -tsh on rodeo _ the date of Nosing rIWXWGC4@ISCS+?t• <br />which shall ke on or tie - nr the date of this Agreeilent <br />'xx _ _.il anal 5�ftn3f�t <br />The Buyer shall examine title_to_.the property described in the Purchase Agreement at its <br />own cost. If any objections are made by the Buyer, the Seller shall be allowed sixty (60) <br />days t o m a c e title marketable, and if title cannot be n' d e marketable, this Agreement 4, <br />shall be null and void at the option of Buyer, and all Tenney paid by Buyer refunded. <br />This Agreeient is contingent upon Buyer obtaining _ necessary Consents to the Easement r <br />by Nnrtgagees of record, if any. a <br />/CIF_. o'vtZ S/ get... kkreal_.L...r /E._3E!,LFR ti /ROPERry___; C%. /PINT ?G (do ttoo 0:C04,, <br />(%.0 _,6F 71E.(' f%FTF, _Svca__ca7Y.._ / anon-Rev i3 4/C _.C'oevfl /Ft E, <br />Atrochee( a 0-. rddindums which are made a part of this agreornenl <br />SUBJECT TO pra fo'inanca by Buyer, Seller agrees to execute and deliver aGrant Of Permanent Pdsettant )�, <br />I,, ho 7072,07 1n he =,pd .:, 77 sat'. conveying marketable title to the premises subject only to the following exceptions: <br />ll: tin Jngar:.O, ,v).or(gnances, State and Federal requlat ions (2) Restrictions relating to use et improvement of the premises without <br />7. ' l e ' 7 de 10,f77011/ ;'mud . i 3 ) Rusereatton of any minerals or mineral rights to.v St tie of Minnesnra_ (el ) Utility and J'.I,:o, le earmeres <br />enu'0l 11 c'enu -reel 1 f fi :Pioof In r <br />15 _. - .Seller acre :ra to PM( . / 1 2M and Boyer agrees to pay 1 2ths of annual instalfn. ern u( rpena ., alnents du <br />-al ryable 717 the y- . 19 _.. _ .._._.__.._ agrees to _____.___ on the dale of clot ant tdl spuzl ;,,;merle loved a vi pending. <br />s due and payable to the year 19 . and any unpaid 70;.717117 special es5essnlltnls payable therewith <br />are/ —dun f di e wan ants that taxes duo and p'50itle In the year' 7 ° ..____._ will be ...._ ___. homestead <br />.. ter nor Seller's Agent r»altes ni It 7 d o•' con concerning the amount of future real 7701810 laXeS . <br />W . A R R a n I I E . c.. , arts that t 1 Idincs ' - , are entirely within the b and any lines of the pre rises. Seller warrants that all <br />vie re yr endiinarinr 9and plumbing used and located on 1 he pt eases are in proper world no or nn data of closing. <br />1107 10 0105f09. Buyer shad satisfy himself: I ter self at 1 es /her expense ihnl all aPpbances, heeling and air <br />a e in proper working order before closing. Selby 7.0011117011111170 the 0070110e0 me 00101007e71 Im city sewer <br />11 the premises tie destroyed m 80110730tIIdh (1011711 00(1 he pre 01 any olhc, cruse hefero tae <br />005P.F 7 %ION ttv. t<r, deliver possession not loser than <br />hielett7 as ell - Seller . Seller agrees to remove all debris and all personal property act inchrdudl eon, the <br />prern.se5 before Possession 77070. <br />TITLE & EXAMINATION Seller shall. within a reasonable time after acceptance of this aura em wish an Abstract of Title, e1 a <br />Roo veered Property Abstract, (:07071 I 111 to date to include proper searches covering bnnkruptct•r and Federal Judgments and lions. Bu. le <br />shall he allowed 10 b1: 101,17 days after receipt for examination of title and maknx' •ecdons, which shall be made in writing or deemed <br />we•veo if any 'Ihiv'neults' 50 made, Seller shall be allowed 120days to ma • ' 1 , Iarkolable. Pc ndin9 correction of title, payments hereunder <br />' rem ,'rod shalt be postponed. but upon correction of IlIle and ve ' 1 days after written notice to Buyer, the per ties shell put foim this <br />agr x+meot accor dro5 10 its leans. 11 ftl0 is not corrected . 1 20 days fro/11 the dale of written objection, this agreement shall be null and <br />void, at option of Buye0 nether party shall he IP •r damages hereunder to the other, and earnest money shall be refunded to Buyer. <br />DEFAULT Iltitle i s Marketable or Is::o' ithin said lime, and Buyer defaults in any of the agreements herein, Seller may l ormiriate this <br />agreement. and o n such t00I).r' , (payments made hereunder shall be retained by Seller andAgent as their respective Interests may appear, <br />as gg idalcdd,:na9C , Igor the essence hereof. Thisprov'sion shall notdeprive eithe-oart1of 1110 right of MICOIC.11c11110 Stet111h0 m7 tonnance <br />nf th•s /legs, _.V 1717 t agreement le not tennrnatedandactiont oenforce spe' lie pet o0an7r is conmmencdvalilinlox monthS after <br />ACCEPTANCE Buyer understands and agrees that ties sale is subjo ::' to iteceplarIce by Shc,r'al venting. Agent is not liable or responsible <br />0n 3000u111 of this 8970001007, except to return 01' orvonli R'I 1114 ( :n 7v.1 -r cancan; <br />AGCN64-e4CC1 OCUrl5 <br />Ir. N..= L orr•ocibr.. 1'11 <br />le 077 k <br />7dP <br />1, the owner of the premises, accept this agreement and l agree to purchase the premises for the price and on the terms and <br />the sale hereby/()Ide _ / /=E <br />0 <br />SELI FR <br />P'..._. _.. Murray <br />Patrick — idC. ur <br />conditions set forth above. CITY OF LPPPLE CANADA <br />BUYER <br />BUYER <br />Delrvery of all papers and monies shall be made at the office of: <br />Company City of Little Canada Selling Agent <br />515 Little Canada Road <br />Address Little Callacyl., MR .55117 ._.___ ay —_.... _ _ _ Zip <br />THIS IS A LEGALLY BINDING CONTRACT, IF NOT UNDERSTOOD, SEEK COMPETENT ADVICE. <br />Page 12 <br />