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9. Re -Platting of Property: Buyer will re -plat the property into 2 tax parcels with cooperation of the <br />seller. The buyer will be buying Parcel A (See Exhibit A). <br />10. Assignability: This purchase agreement is assignable to another individual or entity. <br />11. Property Access: Buyer and Java Properties shall have access to the premise between acceptance <br />and closing with a twenty-four hour notice to seller. <br />12. Extension of Purchase Agreement: Buyer can extend purchase agreement three times for 60 days <br />per extension with written notice to seller. <br />13. Notification: To seller and buyer by e-mail: <br />Buyer: Java Companies, LLC <br />E-mail: mark@javacompanies.com <br />Seller: City of Ramsey <br />E-mail: SSullivan@cityoframsey.com <br />Non -Binding: <br />Purchase <br />Agreement Form: <br />In the event the above -mentioned contingencies are not satisfied within the due <br />diligence period, Buyer may elect to terminate the Purchase Agreement, at which <br />time all earnest money shall be refunded to Buyer, and neither party shall have any <br />further obligations. <br />Seller, Buyer, and brokers shall each have no obligation or liability relating to this <br />document or to any verbal or written negotiations, discussions or correspondence. <br />All parties shall expressly have full right to cease discussions/negotiations at any <br />time and for any reason prior to full Purchase Agreement execution. <br />Buyer will prepare, at its expense, within ten (10) days of acceptance of the Letter of <br />Intent, a draft of the Purchase Agreement to be reviewed, negotiated in good faith and <br />executed by the parties <br />If the terms of this summary are acceptable, please sign in the space provided below and return to Java <br />Properties by 12:00 noon on September 15, 2020. <br />AGREED & ACCEPTED: (Owner's Name) AGREED & ACCEPTED: (Buyer's Name) <br />By: By: <br />Its: Its: Chief Manager <br />Date: Date: <br />