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3. RECEIVED OF
<br />4,
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<br /> PURCHASE AGREEMENT
<br /> Th~ fon'n approved by lhe Minnesota Ass4x:~,'~ of
<br /> REALTORS"'. whir, disd, aims any liabil~y ar'Lsing out
<br /> of use o¢ misuse of this ternS.
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<br />1. Date ,/'/'~'"~' '~'~-
<br />2, Page 1 of Pages
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<br /> 5. .J,'~',~L~-~ ,Dollars ($~)
<br />~ by' CHEC ;...K.~.~A,.~ S,...,H-NOTE as earnest money to be deposited upon acceptance of Purchase Agreement by all parties, on or
<br />7. before the next business day after acceptance, in the trust account of listing bro~er but te be returned to Buyer If Purchase
<br />8. Agreement is not acc.ept, ed by Seller. Said earnest money is part payment for the purchase of the property located at:
<br /> 9. StreetAddress.;~ .,./"'~'~_~/ /'"V~.4/ .--~/"'; ....~d'.~_,.). _ ._
<br />~0. City of ~"~'.."~'-~ ~ ........ County o~ ..--~/~,"~..,~ , . Statej:~ Minnesota.
<br />I1. Legally descdbed as: .,,~L,¢_--~.,- /"/'~ ~"'~-"'? C~,'///','"'~.' Kd'". ,'"'"",~~~"'-""< ~'
<br />2,
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<br />3, including the following properly, if any, owned by Seller and used and located on said property: garden bulbs, plants, shrubs, and
<br />4, trees; storm sash, storm doors, screens and awnings; window shades, blinds, traverse and cu,lain and drapery rods; attached lighting
<br />5. fixtures and bulbs; plumbing fixtures, 'water heater, heating plants (with any burners, tanks, stokers and ot~ment used in
<br />6. connection therewith), built-in air conditioning equipment, electronic air filter, Water Softener OWNED / R ,E~NT~E~in humidifier
<br />7. and dehumidifier, liquid gas tank and controls (if the property of Seller), sump pump; attached lelevision antenna, cable TV jacks
<br />:8. and wiring; BUILT-INS: dishwashers, garbage disposals, trash compactors, ovens, cook top stoves, microwave ovens, hood fans,
<br />9, intercom's; ATTACHED: carpeting; mirrors; garage_~Sbr openers a.~ all controls; smoke de.J.~ztors; fireplace screens, doors and
<br />:0. heatilators; AND: the following personal property:. ~/,,.4'/.~... ,~-~?,,T-~./~,r-.~'-.'/,,-~:'~-,_r__,.~...~.~-*.'~.~'J~_.~'~'~
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<br />:2.
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<br /> :3. all~ property/~ejl~r has this day ,greed.to sell to E~Ly~r for sum of:~,$// ,~'~_.'"~"~..~o~. -- )
<br /> !5. which Buyer agrees to pay in the following manner: Earnest money el $ ~~__DZ'~. ~
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<br /> :7, ~f $ .~~. , by financing in a~ordance with the a~ached addendum:
<br /> ~onve~ FHA VA Assumption Contract for D~ Purchase Money Modgage ~her;
<br /> ~9, ~is Purchase Agreement J~subjecl to a Contingen~ Addendum. (l~ answer is IS, see a~ached addendum,)
<br />~0, This Purchase Agreement IS ~~~___.., to can~llation of a previously wH~en Purchase Agreement dated
<br />H, Buyer has been made aware of the availabili~ of prope~ inspections. Buyer elective a prope~y inspection pedo~ed
<br />~2, at Bwer's expense,
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<br />;~ Th~s Purchase Agreement ~~t to an Inspecl[on Addendum, (If answer is IS, see a~ached addendum,)
<br />3ached are other addenda which are made a pat of th~s Purchase AgreemenL (Enter page or pages on JJne 2)
<br />~;, ~EED~ARK~ABLE ~TLE: Upon p~do~ance by Buyer, Seller shall deliver a ~~~ Warranty Deed
<br />~6, joined in by spouse, it any, conveying ma~etable title, subject to:
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<br />~7, (A) Building and zoning laws, ordinances, state and federal regulations; (B) Resttictions relating to use or impro,,fement of the property
<br />~8. without effective forfeiture provisions; (C} Reservation of any mineral rights by the State of Minnesota; (D) Utility and drainage easements which
<br />;~9, do not interfere With existing improvements; (E) Rights of tenants as follows (unless specified, not subject to tenancies):
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<br /> ;1. (F) Others (Must be specified in walling):
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<br /> ;2. SPECIAL ASSESSMENTS shall be paid as follows: /-----
<br /> :3. BUYER~AND BELLER.~SHALL_____~PRORATE AS OF~._~E D._~ATE OF CLOSING / ~ELLER SHALL PAY. ON DATE OF CLOSING a_~ installments
<br /> ;4. of spec,al assessments cert,fied for payment w,th the rea,'~t; taxes due ended payau, ........ ye~~
<br />',5. BUYER SHALL ASSUME / S~'L~ SH'-~PA~c~u -ulu~'rg.~Lz).Lher special assessments levied as of the date of this Agreement
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<br />;6. BUYER SHALL ASSUME / SEL~zFF'SHALL PROVIDE FOR PAYM ENT-..OF_...sc~cial assessments pending as of the date of this Agreement
<br /> /- ~., ~- .~ ._.._.--J..~,r-'- '
<br />;7. for ~mprovements that have I~en uru-~fE-~'~ the Cty Counc or other assessing authorit es. (Seller s provision for payment shall be by
<br />;8. paymenl into escrow of two (2) times the estimated amount of the assessments, or less as required by Buyer's lender.)
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<br />~0. assessments payment of which is required as a result et the closing of this sate. Buyer shall pay real eslate taxes due and payable in
<br />~1. the year following closing and thereafter and any unpaid special assessments payable therewJ, th.-a]'t'n'th.~ rea ft er,~- - ---. the paymenl of which is
<br />~2. not otherwise provided. As of the date of this Agreement, Seller represenls that Seller HA._~S {~ed a notice of heating for a
<br />~3. new public improvement 13'oje~ fi'om any ~,o,.,err'~r~ e. ssess3~ authority, ~ ~ el whk:fl project may be assessed agair~ the property. If e
<br />'4. ~ of petx:f~g specj,,~"assessment is issued after thc/date of this Agreement and on or before the dale of closing, Buyer shall assume
<br />~5. payment of ALL ).~ONE/.-"~'~STHER: ~ of any such special assessments and Seller shall provide for
<br />~6. payment on date of clesi g~..~.~(~N~/OTHER:/~//) of any such special assessmenls, tf such special
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<br />;7, assessments or escrow amounls for said special assess/ments as required by Buyer's lender shall exceed $
<br />~8. Seller and Buyer initial: Seller(s) Date Buyer(s) Date
<br />;9. MN:PA-1 (8./96)
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