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to the Property. <br /> The Seller shall pay at closing all costs incurred by the Buyer in extending the <br /> abstract of title or registered properly abstract and correcting dfee s related <br /> n the deed conveyingclosing. <br /> 4) <br /> the <br /> the Seller shall also pay the amount of the ��nsferer � payable <br /> or recording fees for documents <br /> Property to the Buyer and the amount ofany <br /> necessary to vest title in the Seller. <br /> 12. If the Buyer defaults in any of the covenants herein,the Seller may terminate this <br /> Purchase Agreement, and on such termination all payment made hereunder shall be retained by <br /> the Seller as liquidated damages, time being of the essence. This provision shall not deprive <br /> either party of the right to enforce specific performance of the Purchase Agreement,provided this <br /> Purchase Agreement has not terminated and action to enforce event c perthformance <br /> Buyer defauis lts inced <br /> us <br /> within six months after such right of action arises <br /> performance of the terms of this Purchase Agreement and Notice of Cancellation is served upon <br /> the Buyer pursuant to Minn. Stat. Section 559.21. the termination period shall be thirty (30)days <br /> as permitted by Minn. Stat., Section 559.21, Subd. 4. <br /> 13. The Seller warrants that if, for any reason, a Slesion or fee is due on the sale <br /> of the Property. such commission or fee shall be paid byhe <br /> 14. The Seller warrants that the Properly is not now occupied tt by Lenants and a topurchaseas not <br /> the <br /> occupied by tenants at the time the Seller first received the Buyer's <br /> Property. <br /> 15. The parties agree that the purchase price includes any and all amounts which Seller <br /> may he entitled to receive as relocation benefits pursuant to applicable laws and regulations. <br /> • <br /> IN WITNESS'WHEREOF,the parties have hereunto set their hands the day and year first <br /> above written. <br /> SELLER: BUYER: <br /> accept this MOUNDS VIEW ECONOMIC <br /> I.Purchase Agreement and agree <br /> to sell the DEVELOPMENT AUTHORITY <br /> Property in accordance with the terms and the <br /> conditions set forth in the Purchase The ��es to on the terms conditions <br /> emises <br /> Agreement_ set forth above. <br /> SELLER: <br /> Date By: Date <br /> Its President <br /> SELLER: <br /> Date BY• Date <br /> Its Executive Director <br /> 0 <br /> v9'1341 <br /> e2 <br /> 1 3 <br /> mmos-ID <br /> 821—d 90/Po'd 919-1 0tEBZEEZt9 N3AVN9 7 A03NN3N-word wdZo:Zl Z 8-51-980 <br />