10-22-2014 Council Agenda - Laserfiche WebLink

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3. BUYER (S)• 4. PURCHASE AGREEMENT: VACANT LAND (RESIDENTIAL) Thla form approved by the Mlnnesola Assoclalion of REALTORS°, which disclaims any Ilabtilly arlsIng out of use or misuse of this form. 2014 MInn nota Assoaatlon of REALTORS°, Edina, MN 1. Date' VICn1bey 2.91 ?.0 tLI- 2. Page 1 of ) 5, Buyer's earnest money In the amount of 6. Dollars ($ 000' Or) ) shall 7. be delivered to listing broker no later than two (2) Business Days after Final Acceptance Date of this Purchase 8. Agreement. Buyer and Seller agree that listing broker shall deposit any earnest money in the listing broker's trust 9. account within three (3) Business Days of receipt of the earnest money or Final Acceptance Date of this Purchase 10. Agreement, whichever is later. 11. Said earnest money Is part payment for the purchase of the property located at 12. Street Address' 3046 Labore Road 13. City of Little Canada , County of Ramsey State of Minnesota, legally 14. deas N 121 sd42/100 FT OF S 619 75/10 0 FT Or PART OF NE 1/4 OF NW 1 /4 ELY 15, OF LAHORE RD IN SEC 9 T N 29 RN 22 16. 17. Including all fixtures, If any, AND INCLUDING 0 EXCLUDING the following personal property, If any, which shall OCheck ono.}........... _...._... 18. be transferred with no additional monetary value, and free and clear of all Ilene and encumbrances: 19. 20. (collectively the' Property'), 21. all of which Property Seller has this day agreed to sell to Buyer for the sum of ($ 22. (� X (1 d;'� t r k_ct c (A 4.0.1 14 l'�.f) 1, ai c 0 Kee co es?' . 23. Dollars, 24, which Buyer agrees to pay in the following manner: 25. 1. CASH of tC) percent (%) of the sale price, or more In Buyer's sole discretion, whlch Includes the earnest 26. money; PLUS 27. 2. FINANCING of (1,« percent (%) of the sale price, which will be the total amount secured against this 28. Properly to fund this purchase, 29, Such financing shall be ❑ a first mortgage Q contract for deed or [] a first mortgage with subordinate (Chock one) -- 30. financing, as described In the attached Addendum: 31, ©Conventional❑P1140DVA Assumption EContract for DeedOther 10! (Chockal nm apprl)'.•....._.._...•._ __........_...._._.. 32, 33. The date of closing shall be NCO elrflUe.V\L\ , 20 VA. 34. This Purchase Agreament0IS(ISNOT subject toanAddendum toPurchase Agreement:Sale of Buyer's Property •..._.(C eckono.}•.•... 35. Contingency. (If answer Is IS, see attached Addendum.) (If answer Is IS NOT, the closing of Buyer's property, If any, 36. may still affect Buyer's ability to obtain financing, If flnancing Is applicable.) 37. This Purchase Agreement Q 18f l IS NOT subject to cancellation of a previously written purchase agreement dated 38, , 20 (If answer is IS, said cancellation shall be obtained 39. no later than , 20 3