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Agenda - Council - 02/23/1999
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Agenda - Council - 02/23/1999
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
02/23/1999
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lb:23 LR~ OFFICES 2140 4TH RUE e 612 42? 5543 <br /> <br />N0.469 <br /> <br /> 6.4 FUTURE PAYMXNT OF REAL ESTATE TAXES. BUYER ~ pay real estate u~xes due <br />and payable ia the year following closing ami thereafter and any unpaid special as~s.~me~ts payable the~wim and <br />tt~reaft~r, the payment ofwhlC3 is nOt otherwise provided for herein. SE_~;I.ER n~akes no representation ccr~cemiag <br />the amount of furore real estate taxes or of futura special asscssmc~tts. <br /> <br /> 7. CLOSING. <br /> <br /> 7.1 Tb~ closing shall take place at thc Ram~y Mu.~icipal Center, 15 [53 Nowthea Bo~levaxd, <br /> <br />l~_m~*y, Minnesota 55303, fifteen day~ at~cr ~e CITY OF RAMSEY has granted fi. ual approval to BUYER for thc <br />Development, or at such other time and place that may be agreed to by the patti.es in writing ("Closing Dam"): <br /> <br /> 7.2 On the Closing Date, BUYER shall deliver to SELLER the balance of the Pttrcbase Price and <br />SELl.ER strall ~le~ver to BUYER possession of thc Propctw and shall execute and/or deliver to BUYER: <br /> <br /> a. An executed Minnesota Uniform Convcyaacbg <br /> Blank, Fonn No. 9-M Warranty Deed. <br /> <br /> b. Aa executed affi~vit of SELLER. <br /> <br />?.3 SELLER shall pay at closing all recording fees and charges relating to the filing of any <br />iKstrument requited to make title marketable. <br /> <br /> 7.4 BI.VI'ER Ctal.! pay at closing: (a) state deed tax relating to wansfcr of the Pro'pe~; (b) <br />conservation fee; (c) recording fees relating to the filing Of the deed trom SELLER; and (d) title im-urance <br />premlu'~_~, if any, a~ title company closing fee, if any. <br /> <br />8. POSSESSION. BUYER ~aall take possession of the P~open'y after the coacltlsion oft lie Closing. <br />9. DAIV[AGE$ TO REAL PROPERTY, If the Property is substantially damaged prior to closing. <br />BUYER may a~ its sole option rescind tlxis Agreement by notice to SEI. i,ER within tea (10) days aRer SELL~ <br />notifies BUYER of the damage, during which rea flay period BUYER may inspect thc Propett3,. Irt the event of <br />rescission, the Earnest Money shall be refunded to BUYER. <br /> <br /> 10. PERSONAL PROPERTY NOT INCLUDF. D. There is no personal property included i~ tiffs sale. <br /> <br /> I <br /> i <br /> I <br /> I <br /> I <br /> <br /> I <br /> i <br /> I <br /> I <br />I <br />I <br />I <br /> <br /> <br />
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