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<br />. <br /> <br />. <br /> <br />. <br /> <br />U~/U~/U~ ~~:J~ rA~ ~l~ 7~4 J4~~ <br /> <br />l€JUU~ <br /> <br />(.;U}: Ur 1\1V <br /> <br />Money") to be deposited by Counselor Realty within ten (10) days <br />after the date of this Agreement and held and disbursed under the <br />terms of this Agreement on the Date of Closing. Buyer agrees to <br />pay the Balance Due of One Hundred Forty-Eight Thousand Five <br />Hlmdred and NollOOths Dollars ($148,500) in cash or by check on <br />the Date of Closing according to the terms of this Purchase <br />Agreement. <br /> <br />(2) <br /> <br />DEEDIMARKET ABLE TITLE. Subject to pcrfol'1!lance by Buyer. <br />Seller agrees to execute and deliver a Warranty Deed conveying <br />marketable title to the Property to Buyer, subject only to the <br />following exceptions: <br /> <br />a. Building and zonlllg laws, ordinances, state and federal <br />regulations. <br /> <br />b. Reservation of minerals OT mineral rights to the State of <br />Minnesota. <br /> <br />c. Utility and drainage easements. <br /> <br />(3) <br /> <br />DOCUMENTS TO BE DELNERED AT CLOSING. In addition to <br />the Warranty Deed required in paragraph 6.B.(3) above, Seller shall <br />deliver to Buyer: <br /> <br />a. Affidavit of Seller. <br /> <br />b. Such other documents as may be required by Buyer's title <br />examiner or title insurance company. <br /> <br />c. Waiver of relocation benefits. <br /> <br />7. REAL ESTATE TAXES AND SPECIAL ASSESSMENTS; COSTS A...~ <br />PRORATIONS. Seller and Buyer agree to the following prorations and allocations of <br />costs regarding this Purchase Agreement: <br /> <br />A. Deed TaL Seller shall pay all state deed tax regarding a Warranty Deed and <br />any other documents necessary to place record title in the condition warranted and to <br />be delivered by Seller under this Agreement. <br /> <br />B. Ta~es and Assessments. The real estate taxes due and payable in the year <br />of closing will be homestead classification. Seller shall pay at or prior to closing all <br />real estate taxes due and payable fOT the current year and prior years. The Seller and <br />Buyer agree to prorate as of the date of actual closing all real estate taxes due and <br />payable in the year of closing. Seller agrees to pay at closing any and all real estate <br />