2006.07.17 EDA Packet - Laserfiche WebLink

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07/05/2006 07 :51 FAX 6516381994 LAND TITLE NEw BRIGHTON li�009/01i qui 4di LUVU inu 10:u4 VAA li]oo8/oll 15.Miscellaneous_ The paragraph headings or captions appearing in this Agreement are for convenience only, are not a pout of this Agreement, and arc not to be considered in interpreting this Agreement. This written Agreement constitutes the complete agreement between the parties and supersedes any prior oral or written agrecinents between the, parties regarding the Property. There are no verbal agreements that change this Agreement, and no waiver of any of its teens will be effective unless in a writing executed by the parties. Thie Agr=ncnt binds and benefits the parties and their successors and assigns. This Agreement has been made under the laws of the State of Minnesota, and such laws will control its interpretation. 16.Remedies. 1f Buyer defaults under this Agm"ment, Seller shall have the right to terminate this Agreement in aceordancc with the applicable Minnesota statutes. If Buyer fails to cure such default within the statutory cure period, this Agreement will termi.natc, and upon such termination Seller will retain the Earnest Money as liquidated damages, time being of the essence of this Agreement. The termination of this Agreement and m-tention of the Earnest Money will be the sole remedy available to Seller for such default by Buyer, and Buyer will not be liable for damages or specific performance, If Seller defaults under this Agreement,Buyer, as the sole remedy available to Buyer for such default by Scller, may seek specific performance of this Agreement. Seller and Buyer have cxccuted this Agreement as of the date fust written above. Date of Signature $ELLER 12006 LOIS MAHLBERG, a Personal Representative of the Estate of)can C. Schoellcr Date of Signature Lw" Aaz' ,2006 By PAUL SCHOSLL a Personal Representative of the.Estate of Jean C, Schoeller Datc of Signature BUYER THP-COF HUGO', it o municipal corporat 2006 l -- ItS: A--1