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12/09/2024 13:59 612+305+1414 .j 24292 NL s� Wme�
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<br />VACANT LAND PURCHASE AGREE4 A LENT
<br />Date September 8 2004
<br />page 1 of 5
<br />RECEI'VE1) OF Tohn B. Dennlson the stun of Five Hundred and 1$0!100 Dollars ($500..00) by
<br />check; as earnest money to be deposited upon acceptance of this Pcrchase Agreenreart by all
<br />pasties, on or before the next: business day after acceptance,, in a trust accoturt of BuyWs
<br />attormvs, but to be returned. to Buyer if this Purchase Agreement is not accepted oal or before
<br />Septc.nber 10, 2004, byAM(I Birkeland and Arlene Birkeland, husband and wife, Seller. Said
<br />earnest money is part payment for the purchase of certain property located at 2825 Silver. Lane
<br />\r.P.., C (y of St. Anthony, County of Ramsey, Stat; of \4innesota., as more fully described
<br />below, including the following property, if any, owned by Seller and located on said property:
<br />all garden bulbs, plants, sl:.rubs and trees, all of which property Seller has this day agreed to sell
<br />to Buyer for the stun. of: Thirty Five Thousand and No1100ths Dollars ($35„000.00), subject to
<br />adjustment as provided below based on the shoreline frontage on Silver Lake, which Buyer
<br />agrees t:o pay as follows: $500.00 as earnest money, and $34,500.00 in cash on or before
<br />'November 30, 2004, the date of closing.
<br />SPECIAL CONTfNGENCY,. T ns T urcl.ase A.greem.ent. is subject to tile following subdivision
<br />contingency, and if the contingency cannot be satisfied by Buyer on or before November 15,
<br />2004, this Porobase Agreement shall become null and void, all earnest money shall be refw ded
<br />to the Buyer, and Buyer and Seller shall sign a Cancellation of this purchase Agreement,
<br />'This Purchase Ab Bement is subject to Buyer obtaining, at Buyer's sole cost and expense
<br />(including all surveyor and platting costs, parr!, dedication fees, if any, and any other costs or fees
<br />imposed by the City of St. Anthony in connection therewith), all necessary approvals of the City
<br />of St. Anthony, Mimzesota, and any other governmental subdivision having jurisdiction, for the
<br />subdivision. of Seller's larger parcel (Lot 1, Block 1, Birkeland Second. Addition) such that the
<br />property which now is a. part of Seller's larger parcel shall become owned by the owner of, and
<br />combined for conveyancing and real estate taxation purposes with, Buyer's existing parcel (Lot
<br />2, Block l„ Birkeland Second Addition). Seller understands and agrees that such approval may
<br />requine that Seller's larger parcel and Buyer's existing parcel be replatted. Seiler and Buyer
<br />acknowledge and agree that the exact description of the property has not yet been detzamrined,
<br />but agree that the property: (a) shall be adjacent to Bayer's existing parcel; (b) shall have as its
<br />northeasterly line a lime parallel to the northeasterly line of Buyer's existing parcel (unless
<br />otherwise agreed by Buyer); (e) shall include twenty (20) feet (or such lesser amount as shall
<br />cause Seller's larger parcel to retain one hundred (100) feet of shoreline on Silver Lake) of
<br />shoreline on Silver Lake; and (d) sball have a purchase price equal to the product of $1,750.00
<br />multiplied by the number of feet of shoreline on Silver Lake actually conveyed. in no event shall
<br />Buyer be obligated to purchase the property if the property has fewer than ten (10) feet of
<br />shoreline. Seller shall cooperate with Buyer's efforts to obtain such subdivision approval, but
<br />Seller shall not be obliged to expend any funds in connection therewith. Included in such
<br />division approval shall be the vacation of any easements now located on the property and along
<br />the line between Buyer's existing parcel and the property, provided that Buyer shall be obliged,
<br />if required by the City of St. Anthony, to dedicate new easements along the exterior boundaries
<br />of the properly except for the boundary between the property and Buyer's existing parcel. Seller
<br />shall be responsible for obtaining a release of the property being purchased from any mortgages
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