Agenda - Council - 02/11/2014 - Laserfiche WebLink

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40. Property located at PURCHASE AGREEMENT: VACANT LAND (RESIDENTIAL) 39. Page 2 Date TBD 01/06/14 Ramsey 55303 41. If said cancellation is not obtained by said date, this Purchase Agreement is canceled. Buyer and Seller shall 42. immediately sign a Cancellation of Purchase Agreement confirming said cancellation and directing all earnest money 43. paid hereunder to be refunded to Buyer.) 44. SPECIAL CONTINGENCIES: This Purchase Agreement is subject to the following contingencies, and if the 45. contingencies checked below are not satisfied or waived, in writing, by Buyer by , 20 46. this Purchase Agreement is canceled as of said date. Buyer and Seller shall immediately sign a Cancellation of 47. Purchase Agreement confirming said cancellation and directing all earnest money paid hereunder to be refunded to 48. Buyer. 49. (Select appropriate options a-i.) 50. ❑ (a) n BUYER ❑ SELLER shall provide a certificate of survey of the Property, at ❑ BUYER SELLER (Check one.)- (Check one.) 58. 59. 60. n (g) 61. 62. I I (h) 63. 64. 65. 66. 67. 68. 69. 70. 71. 72. 73. 74. 75. 76. 77. 78. 79. MN:PA:VL-2 (8/13) 51. expense. 52. n (b) Buyer obtaining approval of city/township of proposed building plans and specifications at 53. ❑ BUYER n SELLER expense. (Check one) 54. n (c) Buyer obtaining approval of city/township of proposed subdivision development plans at 55. ❑ BUYER ❑ SELLER expense. (Check one.)- 56. (d) Buyer obtaining approval of city/township for rezoning or use permits at BUYER SELLER expense. (Check one. 57. (e) Buyer obtaining, at BUYER SELLER expense, percolation tests which are acceptable to Buyer. (f) Buyer obtaining, at BUYER SELLER expense, soil tests which indicate that the Property may be (Check one.) - improved without extraordinary building methods or cost. Buyer obtaining approval of building plans and/or specifications in accordance with any recorded subdivision covenants and approval of the architectural control committee. Buyer obtaining, at BUYER SELLER expense, copies of all covenants, reservations and restrictions (Check one.) affecting the Property. n (i) Other Seller's expenses for these contingencies (if any) shall not exceed $ DEED/MARKETABLE TITLE: Upon performance by Buyer, Seller shall deliver a (check one): Warranty Deed, I I Personal Representative's Deed, Contract for Deed, n Trustee's Deed, or Other � L-( Deed joined in by spouse, if any, conveying marketable title, subject to (a) building and zoning laws, ordinances, state and federal regulations; (b) restrictions relating to use or improvement of the Property without effective forfeiture provisions; (c) reservation of any mineral rights by the State of Minnesota; (d) utility and drainage easements which do not interfere with existing improvements; (e) rights of tenants as follows (unless specified, not subject to tenancies). ; and (f) others (must be specified in writing). /o'stan ormS