Resolution 97-EDA78 - Laserfiche WebLink

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PUItCH~0.SE AGREEMENT This Purchase Agreement is trade and entered into this ,r day of ,~. 1997, by and between Lloyd J. Blanchard and PhyllistBlanchard~vhusbaee aid 1~ic under the and the Mounds View Economic Developmer3t Authori a body tpora po laws of Minnesota ("Buyer"). 1. Seller has received today from the Buyer the sum of $500.00 as earnest money and in part payment for the purchase of the premises at 8005 GrovEland Road and legally descibed- as the South 1/3 of the west l/2 of Lvt 63, Auditors Subdivision no. 89, located in the City of Mounds view, Ramsey County, Minnesota ("Property"). The Property includes all plants, shields and trees, storm windows. andlor A, storm doom, screens, awnings, window shades, blinds, curtains traverse-drapery rods, attached lighting fixtures with bulbs, plumbing fixtures. water heater, heating system, hunudifier, central air conditioning, electronic air filter, water softener, cable television outlets and cabling, and built-ins, including dishwasher', garbage dispose, trash compactor, ovens}, cooktop, stove, microwave oven, hood-fin, intercom and installed carpeting located on the premises which are the property of Seller. ~'he Property also include the following personal property: None all of which S oiler has this day sold to Buyer for the sum of $85.000.00 which Buyer agrees to pay in the following manners: (a) Earnest money of $500.00 paid today; and (b) $84,500.00 cash on the date of closing. Buyer agrees that Seller may sell and remove all out-buildings located on the property prior to the date of closing. e 2. Subject to performance by the Buyer. the Seller agrees to execute and deliver a general Warr~s~ty deed conveying unencumbered and marketable title to the Property, subject only to the following exceptions: (a} building and zoning laws, local ordinances, and state and federal regulations; and (b) public utility and drainage easement which to not interfere with the intended use of the Property. 3. Real estate Taxes due and payable in the year of homes ead clabsifi ationeor (~ the day of cl~~sing. The Seller warrants that current taxes are (X} non-homestead classification. The Seller makes no representation concerning the amount of future real estate taxes. The Seller agrees to pay on the date of closing all special assessments levied or pending against the Property. inc14d5 1931throu h 435 195e payment of ~+hicl~ has been deferred pwsuant to Mtnn. Stat_ Sections g 4. The Seller warrants that buildings, if atty. arm o~ected to chty sewer and c ty of the Prvp.rty- The Seller also warrants that the premrse water. The: Parties acknowledge that the Properly is being sold in "as is" condition relating to the structural. operations, and mechanical systems. 5, if the Property is destroyed or substantially damaged by fire or any other cause before the closing this Purchase Agreement shallA come null and void at the Buyers optiotr, and the Seller shall refund all earnest money to the y 6. The Seller warrants h amt taQl P ~~~ Y~ ~bsttanc pet olcumpprodu toor asbesgos • deposit or disposal of any toxic o ;.'M`Ti348~1 «+uao5-io e!l-~ 90/Z~~~! 919-1 OlE81E£Zl9 N3Atla9 ~ A43NN3~-WC~~ WdZO~ZI 18-91-gad