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11-04-1998
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11-04-1998
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MV City Council
City Council Document Type
City Council Packets
Date
11/4/1998
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lb. I It:/k1 lllvl,;S. I lca(Iings of the paragt..•'L.. ill Ihus coon;..l arc lu1 ....lvenle:... U...j and tit)nu((1r.I.0.. <br /> • . li111i1 or construe the contents of such paragraphs. <br /> 19. ASSESSMENTS BY OWNERS' ASSOCIATION. If the Property is subject to a recorded declaration <br /> providing for assessments to be levied against the Property by any owners' association, which assess- <br /> ments may become a lien against the Property if not paid, then: <br /> (a) Purchaser shall promptly pay, when due, all assessments imposed by the owners' association ur <br /> t other governing body as required by the provisions of the declaration or other related documents; <br /> 1 and <br /> (b) So long as the owners' association maintains a master or blanket policy of insurance against fire. <br /> 1110 extended coverage perils and such other hazards and in such amounts as are required by this con- <br /> tract. then: <br /> (i) Purchaser's obligation in this contract to maintain hazard insurance coverage on the Property <br /> is satisfied; and <br /> (ii) The provisions in paragraph 8 of this contract regarding application of insurance proceeds <br /> shall be superseded by the provisions of the declaration or other related documents; and <br /> (iii) In the event of a distribution of insurance proceeds in lieu of restoration or repair following an <br /> insured casualty loss to the Property, any such proceeds payable to Purchaser are hereby as- <br /> signed and shall be paid to Seller for application to the sum secured by this contract, with the • <br /> excess, if any, paid to Purchaser. <br /> 20. ADDITIONAL.TERMS: <br /> See Attached Exhibit A <br /> / • <br /> SE��4.EER(S)� �I PURCHASER(S) <br /> t Cf%v ' /`If � �4L4�'���i HURRICANE CEAL PROPERTIES. LL1' <br /> Edward A. Donacelle <br /> By /j 11/3 <br /> I <br /> �• " <br /> — Al General Parrnpr <br /> ..---,Linda Donate e <br /> • <br /> County of <br /> State of Minnesota 1./iPt 't <br /> // _ I IL <br /> r `4h-tr <br /> '171e •foregoing instrument was acknowledged before me this c day of knTil , 19 , <br /> by EDWARD A. DONATELLE AND LINDA DONATELLE, husband and wife <br /> NOTARIAL VAMP oR SEAL.IOR OT1MER TITLE OR HANK' <br /> - ewwNIAtYWANINV <br /> 1 2 r'•` OCUGLA i J.DEHN <br /> �6)�.�` r.1y comm.c:a.Jan.31,. <br /> ��.:, i - <br /> --- X'IMrrW:vV1i:.H.ti1:y�:rJ _1�'� "` ��.�'l <br /> SIGNATURE OF NOURY PUBLIC ommaonnam. <br /> State of Minnesota <br /> /� /' !L <br /> County of //)tLIKe'� <br /> The foregoing instrument was acknowledged before me this-=.1-11 ay of , 19-21, <br /> 4 by . a General Partner of Hurricane Ceal Properties. <br /> lk LLP. a limited liability partnership under the laws of Minnesota, on behalf of the <br /> mar-Gnersh in <br /> NOTARIAL-STAMP OR SEAL IOR OTHER TITLE OR RANKI i .___ �/ . <br /> JVYIIVl1kNy1 <br /> SIGMA 1HE OF NOTA I'UHIJC T1 EI R OFFICIAL. <br /> u''+ DOUGLAS J.DEHN Tax <br /> BRtoeMteataoerlyaaamieInMISiMsuumaunfit ii. wSaw(rala <br /> �'�_�a <br /> It'.1 tlOTAI Y PUtUc-IJItIIESOTA <br /> ,....,;00 My Comm.Co.Jen.31.2000?' 01.• N <br /> PrJ p.m..v wawa,'.rM'.i7.Y.. .-,.o? <br /> S')69 )r; ,.'..11. <br /> THIS INSTRUMENT WAS DRAFTED BY SHAME AND ADDRESS' <br /> ,v1 <br /> Craig A. Erickson, Esq. / 'OV*013 V`fw, /1/"V -S1t3- <br /> Chestnut & Brooks, P.A. <br /> 3700 Piper Jaffray Tower Cj..1.v.\--tt•, <br /> 222 South Ninth Street <br /> Minneapolis, MN 55402 �>A,v.a•w• CT AA i 1-2? <br /> 1113S' 4Yv0W'— A S1\,«\- NW <br /> Coon. em,„.,,,,, /1,1J 55\433 <br /> le A11.1inh. '1'O RECORD OR 1'I1.1': THIS cONT1tACr FOR IN':IS1) MAY GIVE O'I'III':R PARTIES <br /> n.. I I . . I II ♦ I 1..1•,,t.•12(.••••f• ..I 'MI I.* 11.II\..1.`.YI'V <br />
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