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pending as of the date of closing. <br />Seller agrees to cooperate with Northern States Power Company and <br />Northwestern Bell to cause electricity, natural gas and telephone <br />service to be brought to the site and to furnish escrow funds if <br />required. <br />Proposed restrictive Covenants attached. <br />It is understood that this purchase concerns a lot in Phase I of Lake <br />Elmo Heights. Buyers agree to voice no objections to the development <br />of further phases in NW 4 of Section 21-T29, R 21 of a residential <br />—nature similar to Phase I. <br />his offer is subject to issuance of Title Insurance binder. <br />It is understood that Seller will furnish Title Insurance commitment <br />insuring marketable title in lieu of furnishing an Abstract of,Title. <br />At no extra cost. <br />Covers Lot #61 Block 1, Lake Elmo heights. <br />This sale is contingent upon Buyer achieving no later than June 30, 1986, <br />mortgage financing satisfactory to him.* The sale is also contingent <br />upon Seller completing road construction work no later than September 1, <br />1986 in order to permit Buyer to adhere to his home construction schedule <br />In the event of any of the contingencies not being achieved, all <br />Earnest Money paid herein shall be refunded in full to Buyer. <br />*Buyer is to define mortgage financing -- wb:m�. short term construction <br />�y................... .............. ........ ......,..........,.,.....,...,.. -- .................... G <br />�� Iluyer <br />............................................................................................. Seller 11 <br />............................................................................,.,.....,.. <br />Iluy er <br />