Agenda - Council - 01/27/2026 - Laserfiche WebLink

Home

Authentisign ID: 9E3CC3C7-60D0-F011-8195-00OD3A1E5303 COMMERCIAL PURCHASE AGREEMENT 358. Page 9 Date December 3rd 2025 359. Property located at 6701, 6745 Highway 10 Nw Ramsey 55303 360. FULLY EXECUTED PURCHASE AGREEMENT AND FINAL ACCEPTANCE: To be binding, this Purchase Agreement 361. and all addenda must be fully executed by both parties and a copy must be delivered. 362. ELECTRONIC SIGNATURES: The parties agree the electronic signature of any party on any document related to 363. this transaction constitute valid, binding signatures. 364. ENTIRE AGREEMENT: This Purchase Agreement and all addenda and amendments signed by the parties shall 365. constitute the entire agreement between Buyer and Seller. Any other written or oral communication between Buyer and 366. Seller, including, but not limited to, e-mails, text messages, or other electronic communications are not part of this 367. Purchase Agreement. This Purchase Agreement can be modified or canceled only in writing signed by Buyer and 368. Seller or by operation of law. All monetary sums are deemed to be United States currency for purposes of this Purchase 369. Agreement. 370. SURVIVAL: All warranties and representations in this Purchase Agreement shall survive the delivery of the deed or 371. contract for deed and be enforceable after the closing. 372. DATE OF THIS PURCHASE AGREEMENT: Date of this Purchase Agreement to be defined as the date on line one 373. (1) of this Purchase Agreement. 374. OTHER: 375. THIS OFFER IS CONTINGENT ON THE BUYER AND TENANT (Mille Lacs Motor Sports II, INC, DBA, The Power Lodge, signing new lease terms 376. satisfactory to Buyer within 15 days of the Final Execution Date. 377. Buyer and Seller responsible for their own closing costs. Seller agrees to pay LPT Realty LLC (Brian Passeri)a compensation of 3.5% of the 378• sales price at closing. 379. 380. 381. 382. 383. 384. 385. 386. 387. 388. 389. 390. 391. 392. 393. MNC:PA-9 (8/25) Minnesota Realtors