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II 19. ASSESSMENTS BY OWNERS' ASSOCIATION. If the Property is subject to a recorded declaration 1 <br /> providing for assessments to be levied against the Property by any owners' association, which assess- <br /> 1 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 /> other governing body as required by the provisions of the declaration or other related documents: <br /> I <br /> I and <br /> (b) So long as the owners' association maintains a master or blanket policy of insurance against fire. <br /> I extended coverage perils and such other hazards and in such amounts as are required by this con- <br />. . . 410* <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 11 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 shall be superseded by the provisions of the declaration or other related documents;and 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 /> • <br /> See Attached Exhibit A <br /> • <br /> • <br /> 1 <br /> x <br /> •-1:-.,- <br /> SE j.ER(S) <br /> PURCHASER(S) <br /> _" Eduard,A. Donacelle 11tlRRiCANE CEAL PROPERTIES. UP <br /> '.R - III. I <br /> i <br /> .d.:-. <br /> ✓Linda Donate e�� Ar Central pnrrnnr I <br /> .,,�. State of Minnesota l) <br /> it. County of l trr .- <br /> . ___ _ __. ._ <br /> . 171e foregoing inetrutnent was acknowledged before me this-3 14� m <br /> _ g t day of -b <br /> ,,1,.,t::. by EDWARD A. DONATELLE AND LINDA DONATELLE, husband and wife ' I')�' <br /> �- NI AMAI. AMPIIRsG1.KIRammn TITI.JVIIRRANRI - <br /> `' luuvvin�• i <br /> ti DOUGLAS.�.OCHN • f <br /> I iri Cornr:rtatr„ug-relwesoct= i <br /> ttr comma—v. Jaa al..a.t • 71. <br /> E <br /> , I rx <br /> womAnnmorN YPUIUC oTIUonmm.u. <br /> State of Minnesota <br /> t <br /> County oft1,�ak <br /> ,I <br /> IL <br /> The foregoing instrument was acknowledged before me thir.3c� day of .A0/1.198 <br /> by a General Partner of Hurricane Ceal Prooert9es , � <br /> LLP. a limited liability Oarcnershi, under the laws of Minnesota, on behalf of the <br /> ., ,. . . <br /> NOTAMIAI.tiTAMP on sews.ion mica mt.e nR RAMO <br /> _ i <br /> �T =SA r NOT PUR1dC OTHER O►FO2A1. <br /> 6:4'.•1.) <br /> ; 4; DOUGLAS J.00—IN haStairsbrrmelw <br /> 4': €tor.Iw ruI ,r, 3QJ.A eroosnecissenOW b Wt i�arlwlw awe besot Ir <br /> ` MyCams ZLp Jrn at.2000 i <br /> MIS INSTRUMENT WAS!SUMO BY IMAMS AND AOORCTSt s--)101 t "e\ <br /> Craig A. Erickson, Esq. /1110‘143 V1fyt '7-i, s.I)a, <br /> , Chestnut 6 Brooks, P.A. <br /> 3700 Piper Jaffray Tower <br /> 222 Souch Ninth Street Gv`v`\.<<' <br /> Minneapolis, MN 55402 t•Itu..r1.1.v.• Cr..1 L 0 <br /> � t 11 3S . y„aw1....A S r.�•i-N� t <br /> ._ Coos. /��U.if.1). "J 5 33 <br /> I'AIt.IIRF; TO ItI:coRI) OR RIX 'rifts CONTRACT FOR 1)1*:I) MAY (:IVIS OTIl :R PAIrrfl S <br /> ?'ttic)Itt'!'Y r)VF:tt ;'tnrr'11:\St:j S IN9'1•:1tFar.IN'1.111: P1tOPFIt'r'Y. <br />