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~ .... ..'_/r'~ PURCHASE AGREEMENT
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<br /> ~,'''~ =' ~ ~__ ~.,--.. ........... 74. ~
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<br /> SUB~VISI~ ~ LAND: ff ~ ~ ~ltu~ ~ I~r~ I ~ ~ ~ ~
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<br /> ~. ~ W~ T~T ~ ~ A ~ ~ ~ ~ ~E ~ ~ A ~ ~ ~ WAY. THESE
<br /> W~TI~ SH~ SU~I~ THE ~V~Y ~ THE D~ ~ ~T~ FOR ~D.
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<br />81.Sm[ FR WA~N~ ~T ~IOR ~ THE ~SING ~TE ~YM~T IN ~
<br /> ~T~IALS, ~INE~, RXTURES ~ ~LS FURNISH~ WITHIN THE 120 ~ IMM~AT~Y ~NG THE ~SING
<br /> ~TE IN CONNEXION WITH CONSTR~ION, ~TE~TION ~ R~AIR ~ ANY STRU~URE ~ OR IM~EM~ ~O THE
<br /> ~OPE~Y,
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<br /> I FR WAR~N~ THAT S~ HAS ~ REC~VED ANY ~ ~OM ~Y ~V~NMENT~ ~TH~TY AS
<br /> ANY ~W, OR~ ~ ~GU~TI~. ~ THE ~O~ ~ SU~E~ ~ ~T~IVE ~V~, 5F[ t FR W~
<br /> ~T SFI I FR ~S N~ ~V~ ANY N~ ~OM ~Y ~ ~ ~H~
<br /> N~I~S RE~VED BY S~ER WI~ BE ~OVIDED ~ BUY~ IMMEDIATELY.
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<br /> 89. SPECIAL WARRANTIES EXCEPT AS NOTED ON REAL ESTATE TRANSFER DISCLOSURE STATEMENT:
<br />90 SELLER WARRAN*~ TH.~' THE PROPERTY IS DIRECTLY CONNECTED TO: C~TY SEWER E3_,~c~YcJNO CITY WATER
<br />91. SELLER WARRANTS '[HAT ALL APPUANCE_S, HEATING, AIR COND(TIONING, WIRING AND PLUMBING SYSTEMS USED AND LOCATED
<br />g2. ON ,.~dO PROPERTY WILL BE IN PROPER WORKING ORDER ON THE DATE OF CLOSING. EtUYER HAS THE FUGHT TO INSPECT
<br />93 PROPERTY PFUOR TO O..OSlNG. BUYER ~DGES THAT NO ORAL REPR.ES~NTATIC, NS HAVE BEEN MADE BY EITHER SEI_LER
<br />D4. OR AGENT(S) REGARDING POSSIBLE PROBLEMS OF WATER IN EASEMENT, OR DAMAGE CAUSED BY WATER OR ICE. BUILD-UP
<br />~ O~ THE ROOF OF THE PROPERTY AND BUYER RELIES SOLELY IN THAT REGARD ON THE FOLLOWING STATEMENT BY SELLER:
<br />9~ SELLER HAS I HAS NOT HAD A WET I~,SEMENT, AND HAS I HAS NOT HAD ROOF, WALL OR CElUNG DAMAGE CAUSED BY
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<br />g7. WATER OR ICE BUILD-UP. (Il answer is HAS, r, ee Se~er's ex~anaJX~ on b3e rea~ __,~m~e ~ ckscJoc~re stammer, if applK:a,.hle.) Buyer
<br />96 HAS.~-I~AS,~N.__~._ rece~t~ and aocep~ed a maJ esmm trm3.~e~ d~sclor,~e s~3~rnenL (Il m~,er t~ HAS NOT, Buyer mhe~ a~el¥ rm I~uyer'l
<br />99. own ~ of the properly and the wa,-mnUes of S,el~er exp~ ~e! k)rl.h In t~s agreement.) BUYER HAS REC~VED THE TRUTE
<br />10GIN HOUSING INSPECTION REPORT, IF REQUIRED BY MUNICIPALITY,
<br />101. BUYER & SELLER INITIAL: Buyer[s) Se~s)
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<br />102. RISK OF LOSS: If there is any loss or ¢taxnage Io the ~ bebveen t~3e ~ta~e hereof anC the Oa~ of ctosing, k~' any rea.~on including
<br />103 f~re, vandaJrsm, fx:xx/, e~tt~quske or sc( ~ God, Ihe risk o( loss shaJf be on E,~le~ If U)e ~ is ~U'oyed or s4~:~a.,~iy dan~ged before
<br />104. tM c~:~n9 cla~e, this Pu~:~ase .~reemen~ r, ha~l become null end void, a~ BuyeCs open, aru:l e~nes~ money shat be refunded 1o
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<br />106. BUYEF[~ct I FR ARBITRATJON SYSTEM:
<br />10'7. ANy CLAIM OR DEMAND OF SELLER(S), BUYER{S), BROKER(S) OR AGENT(S), OR ANY OF THEM, ARISING OUT OF OR RELATING
<br />10P_,TO THE PHYSICAL CONDITION OF THE PROPERTY COVERED BY THIS PURCHASE ACd:~EEMENT (INCLUDING WITHOUT
<br />109. LJMITATION CLAIMS OF FRAUD, MISREPRESENTATION, WARRANTY AND NEGLIGENCE), SHALL BE SE3'FLED BY ARBITRATION
<br />110. IN ACCORDANCE WITH THE RULES, THEN IN EFFECT, ADOFTED BY THE AMERICAN ARBITRATION ASSOCIATION AND THE
<br />111. MINNESOTA ASSOCIATION OF REALTORS~, THIS IS A SEPARATE VOLUNTARy AGREEMENT BETWEEN THE PARTIES AND
<br />112_BROKERS/AGENTS. FAILURE TO AGREE TO ARBITRATE DOES NOT AFFECT THE VALIDITY OF THIS PURCHASE AGREEMENT.
<br />113 THIS DJSPUTE RESOLUTION SYSTEM IS ONLY ENFORCEABLE IF ALL PARTJES AND BROKERSJAGENTS HAVE AGREED TO
<br />114. ARBi'TRATE AS ACKNOWLEDGED BY INITIALS BELOW.
<br />1tS. BUYER(SI. SELLER(S) UST]NG BROKER/AGENT SELLING BROKER/AGENT.
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<br />11R T1ME OF ESSENCE: Tn~e is of t~e essence in t~s Purchase ,~orve~nenL
<br />117. ENTIRE AGREEMENT: This Pua:ha.se ,,~gr~eme~. any a,"~ched exhibits ~ arb, ad~er~ta or &mendmen~ ~ by the ~ sh~ ~:~t~lute
<br />118. Ihe entire agreement beheeen Se~ler and ~ and supe,'cecles any ~ wnnen or ora~ agreemems ~ Se~er anO B,.Jye~. Th~s Purchase
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<br />121. kable or responsit~e Ior any cove~nts, obi'%3aJo~ c~ wanan~$ rnaz~ in I~is Pu~ Agreemem, exce~ the ager~ am ~ t~ r~um or
<br />122. I~.ccoun: for the e,3.rne~ money and m lut3~lraZe, if so agreed. Tr~e cte{rvery o~ aJ; pa,oers an~ ~ &,mi; be m,3,.de ~ the I',s~ng bn3ker's odce.
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<br />124.this Pu~hase Agreerner~ a~l paymenls ~ hereunder may be re(aJr~ by Sel~' and ,Agent, e,s ~eb respe3Jve ~e,-ests may appea.;
<br />125. Th~ p~c~sk)n sr~l no[ Oeprive e~U'~e~ Buyer or Sel~er o~ I~e right ~ record. ~,mages 1o~ a ~ c~ mis agreemen~ or of tr~e ngh~ ot specifK;
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<br />l~7. actiC~ is comq3enced wilhin s~x montl-~ ~ Suci3 dgh! of ~ az~ses.
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<br /> Robe J, Moore
<br />128. AGENCY D SCLOSURE: __ __ ~ _ _ ~
<br />129. THE seller ....... IN THIS TRANSACTION, THE LISTING AGF-NT OR BROKER STIPULATES HE OR SHE IS
<br />130. REPRESENTING THE SE ~LLER IN THIS TRANSACTION. BUYER & SELLER INITIAL: E~s) ... Se~s)
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<br />131. I, b'~ ~ c~ the pnxx,~,, a..~..e~x this r,~'eeme~ a~ sutrx~.ze
<br />132. V~ I~i~ t~<er to wi~'~raw said p¢operty Irom ~ mazlml,
<br />13.3. unless ~r~s~ru~ed o(ner~4se in writing.
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<br />134.
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<br /> THIS IS A ~Y ~N~NG CO~ ~ B~ ~D S~.
<br />YOU DESIRE ~L OR T~ A~J~, ~SU~ ~ A~RO~ATE ~OFES~O~ ~
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