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ROMWPURCHASE AGREEMENT
<br /> Associates Plus,Inc.
<br /> 1. Date
<br /> 2. Page 1 of Pages
<br /> R�CEIVED OF .G L-C� C. •�IZZl
<br /> 4.
<br /> 5. ZCH:E�'/ �''C- Dollars($6. CASH/NOTE as earnest money to be deposited upon acceptance of Purchase Agreement by all parties, on or
<br /> (circle one) ---•
<br /> 7. before the third business day after acceptance,in the trust account of listing broker but to be returned to Buyer if Purchase
<br /> 8. Agreement is not accepted by Seller.Said earnest mone is part payment for the purchase of the property located at:
<br /> 9. Street Add s:
<br /> 10. City of County of 1 ✓>v State of Minnesota,
<br /> 11. Legally described as: ry
<br /> 12.
<br /> 13. including the following property,if any,owned by Seller and used and located on said property:-9a#den-tatbe, plei►t& s, and
<br /> 14. trees;storm sash,storm doors,screens and awnings; i ,
<br /> 15.440wres-and'fflix;plumbing fixtures,water heater, heating plants (with any burners, tanks, stokers and other equi used in
<br /> 16. connection therewith), built-in air conditioning equipment, electronic air filter, water softener OWNED/ RENTED ON-,)built-in
<br /> (circle one)
<br /> 17. humidifier and dehumidifier,liquid gas tank and controls(if the property of Seller),sump pump;attached television antenna,cable TV
<br /> 1& jacks and wiring;BUILT-INS:dishwashers,garbage disposals,trash compactors,ovens,cook top stoves,microwave ovens,hood fans,
<br /> 19. intercoms;ATTACHED:carpeting;mirrors; garage door openers and all controls; smoke detectors;-*repldee-9w@9", doors an_d
<br /> 20. heatilators;AND:the following personal property:
<br /> 21.
<br /> 22. 11 / n
<br /> 23. all f which property eller h this day-agreed pl$ell to Buyer of, $ '910 6 it d )
<br /> 24. ^'i L I/lLC Q�1' Dollars,
<br /> 25. which Buyer agrees to pay in the following manner:Earnest money of$ S CUD Q
<br /> 26. ands /O 0 c ash cash on ® �.Z Q the date of closing,and
<br /> 7. the balance of$
<br /> Conventional FHA VA Assumption Contract for Deed Purchase Money Mortgage Other:
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<br /> 29. This Purchase Agreement IS/ bject to a Contingency Addendum for sale of Buyer's property.(If answer is IS,see attached addendum.)
<br /> •--(circle -
<br /> 30. This Purchase Agreement IS J S subject to cancellation of a previously writteLecliLnes
<br /> ase Agreement dated
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<br /> 31. Buyer has been made aware of the availability of grope inspections.Buyer elects/ to have a property inspection performed at
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<br /> 32. Buyer's expense. This Purchase Agreement IS/ subject to an Inspection Adoendum.(if answer is IS, see attached addendum.)
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<br /> 33. DEED/MARKETABLE TITLE:Upon performance by Buyer,Seller shall deliver a Warranty Deed
<br /> 34. joined in by spouse,if any,conveying marketable title,subject to:
<br /> 35. Building and zoning laws,ordinances,state and federal regulations;(B)Restrictions relating to use or improvement of the property
<br /> 36. Without effective forfeiture provisions; (C)Reservation of any mineral rights by the State of Minnesota; (D)Utility and drainage
<br /> 37. easements which do not interfere with existing improvements; (E)Rights of tenants as follows (unless specified, not subject to
<br /> 38. tenancies):
<br /> 39. (F)Others(Must be specified in wri
<br /> 40. BUYER SHALL PAY fSELLER SHALL PAY date of closing any deferred real estate taxes (i.e. Green Acres, etc.) or special
<br /> -....-----•-•(circle one).- -- --
<br /> 41. Assessments,payment of which is required as a result of the closing of this sal
<br /> 42. BUYER AND SELLER SHALL PRORATE AS OF THE DATE OF CLOSING I LLER SHALL PAY �DATE OF CLOSING a(circle ones ------43. of special assessments certifi d for amen,with the real
<br />estate taxes due and payable In the-yea .
<br /> 44. BUYER SHALL ASSUME ELLER SHALL PAY o date of It
<br /> all other special assessments levied as of the date of this Agreement.
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<br /> 45. BUYER SHALL ASSUME / LLER SHALL PROVIDE FOR PAYMENT O ecial assessments pending as of the date of this Agreement
<br /> --- -•-------- -(circle one)-
<br /> 46. for improvements that have be b the City Coun ' ssing authorities.(Seller's provision for payment shall be by
<br /> 47. payment into escrow of two(2)times the estimated amount of the assessments,or less as required by Buyer's lender.)
<br /> 48. Buyer shall pay any unpaid special assessments payable in the year following closing and thereafter, the payment of which is not otherwise
<br /> 49. herein provided.
<br /> 50. As of the date of this Agreement,Seller represents that Seller HAS HAA S NOT eived a notice of hearing for a new public improvement
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<br /> 51. project from any governmental assessing authority,the costs of whic protect may be assessed against the property. Any such notice
<br /> 52. received by Seller after the date of this Agreement and before closing will be provided to Buyer immediately. If notice of a pending
<br /> 53. special sse ment is issued after the date of this Agreement and on or before the date of closing, Buyer shall assume payment of
<br /> 54. ALL/ ON OTHER: of any such special assessments,and Seller shall provide for payment on date of
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<br /> closin ALL NONE/OTHER: of any such special assessments.Lf such special assessments
<br /> (circle one)--• /1
<br /> or escrow amounts for said special assessments as required by Buyer's lender shall exceed$ then either
<br /> party may agree in writing on or before the date of closing to assume,pay or provide for the payment of such excess.In the absence of
<br /> 58. such agreement,either party may declare this Purchase Agreement null and void;the parties shall immediately sign a cancellation of
<br /> 59. Purchase Agreeme t and me mone aid hereund r shall be refunded to Buyer.
<br /> (9/98) �' //q
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