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,,." 11o DISCLOSURE OF NOT CES Ss er has no re,.olved any notice Item any governmenlel aulhoflty aS lo violalton el any law, ordinance or
<br /> ", Iron. If ~a property Is subJ"ct lo ;~lctive ~venm~ts, Solle~ has not ~ecelved any no ce Item any p~rson as Io a bre~ch of Ihs coronets.
<br /> 12, ~RUTH.IN.HOUSlNG. B~yer s~k~wledges receipt el Ihs T~ulh-ln. Houslng Disclosure Report or olher Inspection report II required by the munro.
<br /> lpatlly ~ w~ Ihs pmper~ I~ ~ted.
<br /> 13, POSSESSION, Selle~shalldelNe[~ossesstono[Iheproperlynoltoterlhan ~8Ee Of ~u~chase h~eemen~.
<br /> ~. AtJ Intel{si. fuel o11, ~quld pelrol~um gsa, and all cha~ges tar city weler, ~ly sewer, el~cRiclly, and nalurat gas shell be prorated
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<br /> a9 14, EXAMINATION OF TI~E, ~lhln s reasonable time after acceptance el Ihls Agreement Seller shall lurnlsh Buyer wlih an Abslract o~ Tills or a
<br /> '~. Rag~ttored Prope~y ~$Eact cer~ed to dale Including proper searches ~verlng bankruplcles and State and Federal Judgments, liana, and levied
<br /> ~t a~ pe~t~ spe~at assessments, Buyer ahstFhsve ten (10) business days after receipt el the Abslractof Title or Reglslered Properly Abstract
<br /> =,~ t0 ~Ve 8uylr~ .tierney examine ~ lo and p~ov de Se er w h w~ ~{en obJec{ons or, a Buyer~ own expense Io make an appttoatton for a Title
<br /> 53. ~lu~s P~IW a~ ~t~ Ssi[er O[ the sppl[ca[~n, Buyer shall have lea (10) bus ness days al er recelp o the Comml ment
<br /> 3.t provide Se~lt w[~ a ~py o~ the Co~ ~ent and wr lien object one, Buyer ihs I bo deemed to have waived any IRis ob~ecilons not made wilhln Ihs
<br /> ap~csbte lea {10) day ~1~ lot ~ve, excepl thai th~s shall hal operate ss a waiver o~ Seller~ ~vensn to de ve~ a s a u o~War~an y Deed, unless
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<br />~7 15, TITLECORRECTIONSANDREMED ES Se ershslhavel20days romreceiplo Buyer~wrlflenlltleobJacltonstomakefl[lema~kelabte, Upon
<br />9U race pi el BWer~ itle obJec~ns, Seller ~ll, wllhin lea (10) buslness days, n~ y Buyer o Seller~ tn onllon Io make [lfle marketable wllhln Ihs 120
<br />59 day ~r~. U~ns or e~m~a~e= ~or ~quldsled s~un[s wh~h can be re eased by payment or escrow flom pr~eeds el closing she no delay he
<br />~ ~t~g. Cure o[ Ihs dele~ls ~ Seller shaft be reasonable, diligent, and p~ompt. Pending correction o~ flits, ell paymenls required herein and the
<br />~01 Clos~g ~hn~ ~ ~sl~nod,
<br />to2. ~ Il ~ce Is glen sad Seller makes ~[to marketable, then u~n presenlat[on Io Buyer and pro~sed lender of d~umen~mlon establishing the[
<br />103, U~t ~ ~en mede m~e~ble, a~ ~ ~t objected to In ~e same time a~ manner as Ihs orlglnel title objections, Ihs closing shall lake place
<br />t0~. ~ lea (10) business day~ or on ~e ~eduled closing date, whichever Is inter,
<br />~05, B I ~ce ~ g van and Se er ~ed~ n g~ lal~ to make flue marketable but the 120 day period expires without title being made marketable,
<br />I~, : Bwer m~y da~re ~ll Agreement n~ ~ ~ ~ no~ce to Soiler, ne ~er psHy shall be llsbte ordsmageshereunder o~oother, and
<br />107. eu~e~ ~ney ~ ~ re~u~ed ~ B~ar.
<br />1~, ~, Sel~ar ~es ~t gl~ ~ o~ ~ten~ to m~e ~e ma~etab~e, or II no,ce Is glen ~t ~e 120 d~y perl~ expires wi[haul lithe being made
<br />[~. m~e~a due ~ 8e~er~ t~ ~ ~ ~eed ~ g~ I~, a~er m~y ~ee~ ~ ~lt~ed ~ law, any one or more of ~e Iotlowlng:
<br />' t 10. t, Pried to ~o~ ~t ~r ~ merger h ~e deed o[ ~e obJe~[lon~ ~ rifle and wi~ut wsNer o~ any remedies, and may:
<br />t I t. (si Seek d~sgel, ~s~, ~ re~ altorney~ fees f~ Geller as pe~ed ~ law (d,amages under ~is subparagraph (si shall
<br />I t2, be ~ted [o ~t ~=1 of ~ obJe¢~ to IIUe, a~ ~nsequen~ damages are ex~uoed)
<br />t t3. ~) U~e~ke ~ae~s ~ ~am ~e obJec~ Io ~e~
<br /> 1 ~4. : 2, Ras~sslon o~ ~ Purche~ ~eement by notl~ as prodded herein, In whl~ ~se ~e Purchase Agreement shall be null and void
<br /> 115. a~ nil earnest ~noy paid hereunder shall ~ refunded to B~er;
<br /> t t6 3, O~soos Imm Seller ~c~udlng ~s~ ~ reasonable aitornoy~ lees, es por~lted by law;
<br /> 1 t7 4. Specific per~orman~e Wil~n slx months after such flghl of action arises,
<br /> ~ta. D, Illl~el~ma~eta~e,~lsmsdema~eta~e ~proy[ded ha~eln, andBwerdefsul~lnsnyolthe agreements he~eln, Seller may elec~ e[Iher of
<br /> t 19, ~e Iollow~g Op~, el per. Earl ~ law;
<br /> t20, ~ 1, Ca~I ~[e ~n~act el provided by statute a~ retain all payments made hereunder aa Ilqu~dmed damages, ~e parties acknowledge
<br /> 12 I. ~eE ~len~on ~et any ~te gNen pursuant to this ~ntract Is a down paymem ~le. ~nd may be presenled lot payment no~lthstsnding
<br /> 122. cave,alan;
<br /> 133. 2, Seek =pe~ pedo~an~ ~lhln aE months al(er Such flghl o[ a~lon arises, Including ~sts and reasonable atlorney~ ~ess, as
<br /> ~2~. ~rmtfled ~ law,
<br /> 125. E. I~ tiffs It mukalable, o~ I~ made m~emble aS provided hs~sln, and Geller defaults In any et ~e agreements here~n, Buyer may, ss permitted by
<br /> ~ ~6. law:
<br /> 127. ~, Saokdamageal~omSefforl~lng~slsandrea~nsb~e alto~ney~feee=
<br /> ~2~ 2, Seek ~peciflc pe/~o[mancewl~lnslx mon~ slier ~uchr[ghto[acUon arises.
<br /> t 29 TIME IS OF THE ESSENCE FOR ALL PROVISIONS OF THIS CONTRACt
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<br /> 130. 16, NOTICES, ~ nofl~s required he~eln sh~i ~ In wdling and delivered personafly or mailed to Ihs address as shown at Paragraph 1,~ s~ve and
<br /> ~3 t. I~ mailed, are eHec~ve as o[ the dale o[ marlin.
<br />
<br /> ~32 17. AGENCY DISCLOSURE, [~ o~""~W =pn~ o~ ~ b~o~er) n/~. ' ' DIS.
<br /> ~33 CLOSES HE OR SHE IS REPRESENTING THE (BUYER OR SELLER) IN THIS TRANSACTION, THE LISTING
<br /> ~34.AGENT OR BROKER DISCLOSES THAT HE OR SHE IS REPRESENTING THE SELLER IN THIS TRANSACTION,
<br />
<br /> SELLER'G SELLER'S ; BUYER'S " '. BUYER'G-. "
<br /> INiTiALS Io.t*l INITIALS m.',~,l INITIALG. fo,~,) ,INITIALS (m.~l
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<br />135 18. SUBDIVISION OF LAND, If I~s sale constllulae or requires a subdivision o[ land owned by Geller, Seller shall pay aft subdivision expenses end
<br />136, obla~n all necessary govarm"nantal approveJs, Seller warrenla Ihal the legal description of Ihs real properly to be conveyed has been or will be
<br />137 approved for recording as el ~he date o! ck:)slng,
<br />'~38 19. MINNESOTA LAW, This conlrecl shall be governed by Ihs laws o! Ihs Stale of Minnesota.
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<br />20, ADDITIONAL TERMS.
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<br />I.t2.
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<br />145.
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<br />2'1, ADDENDA, Allachad ere (number) ]- addenda which are made a peri el thls Agreement,
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<br /> THIS IS A LEGALLY BINDING CONTRACT. BEFORE SIGNING, CONSULT A LAWYER,
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<br />Minnesota law p.~rmlte licensed r~al estate brokers end lalel agents to prepare purchase agreements. No recommends.
<br />lion or rapresantellon la made by either' the Ils[lng broker or selling broker ae to the legal suftolency, the legal effect, or
<br /> tax consequences of thin contract, These are questions for your lawyer,
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<br />I agree to sari Ihs property lot the pr~e and
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<br />Clo~lng shaft be al Ihs office o[:
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<br />,am~ S~ep. hen J, Hash
<br /> ~nyE~mName ~a~COC~, bo'che~, e~
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<br />BUYER
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<br /> 118 East Main St:.
<br /> Anoka, MN
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<br /> Z~p 55303
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