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<br />Oalcridgt PURCI-IASE AGREEMENT
<br />CONSTRUCTION &
<br />REALTY. INC.
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<br />6740 HIGHWAY #10 N.W.
<br />ANOKA. MN 55303
<br />612-427-1350
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<br />,,~()}l-.f\
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<br />Minn.,
<br />
<br />ftt~J.~"7,,
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<br />'8:1
<br />19"......
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<br />RECEIVED OF
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<br />Richard l""..f~.~q..~,l,l.l?Y..~,~ Wolens as joiIlt tenants
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<br />rhe sum of
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<br />($ J~,AQO,OO
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<br />DOLLARS
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<br />cash - CD at bank ,.............................. as earnesc mone)' and in pare paymenc for rhe purchase of properey at
<br />IChrok. Ca." or Nole - SlAle Wblebl
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<br />6 726 ,J..3.7tn.,""v.~, ,..J'r,~~.,...g.~.I)l~~X.c..t:'!~..~.~}q~, "..'
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<br />,sicuated in rhe
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<br />CouOlyof .........MQka.................:.................................., Slate of Minnesota, and legally described as follows, to-wic;
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<br />L 3, B 6, Riverside West
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<br />including all gardcn bulbs, plan IS, shrubs and In'cs, all swrm sash, slorm doors, dClachablc veslihules, screens, awnings, window
<br />sh.IJes, blinds (including venetian blinds), wrlain rods, lraVI'rSe rods, drapery rods, liJ{hring fixtures and hulbs, plumbing
<br />flxlures, hoc wal<.'r tanks and heating pia lit (willi 'any burners, ranks, slOkl'rs .lIld olher equipment uSl'd in conneclion Ihere-
<br />Wilh), waler sohener amI liquid gas lank :Illd (onlrols (if Ihe l'col'eny. of seller), SUIllP pUlllp, lelcvision antenna, inciner.
<br />alor, buill-in dishwasher, garhage disposal; ovens, cook lOp slIlves and (l'nlral air condilioning Clluip!llenl, if any, used and.
<br />localed on said premises and indllding also Ihe folluwing personal properlY: Stove, (2) refr~gerators, (2) d~sh-
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<br />washers, disposal, washer, dryer, pool table, garbage compactor, Dcsalinator microwave
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<br />all of which properlY the undersignel) has Ihis day sold 10 Ihe buyer for the slim of:
<br />......'",,,,,,... '."'''''''.' ... ".""...""...,,,,,,, ""."" "........ ...... ........ ....................".. .........", ($, M?Q,,]QQ, .99/? DO~ItARS.
<br />which the buyer agrees to pay in the following manner: -6/;U /IfO .... '1'1/<..:'
<br />Earnest money herein paid $J~I.4Q,Q,.Qq.." and $,,??!.~P.9.~,q(). cash. ono,r...~~~.':l.~"U:~,~-!~~,:~:'t,..ci e'llate 'oi closing.
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<br />~t:o be secured by the trade in of Buyers I present home located at 8409
<br />Cottagewood Terrace, Spring Lake Park, Hinnesota 55432. 'I'he Buyers warrant that
<br />there is no mortgage or special assessment now levied or pending on their presen~
<br />home.
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<br />The $55,600.00 by securing a first mortgage in that amount.
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<br />Sub;ecc co performance by che buye, ,he. seller aRrees w execule an" .leI iver a
<br />(co be joined in by spollse. if allY) CllllveyillA lIlarkelahle cille 10 said I'(('mises sllbjecc only (() Ihe followinl\ excepcions:
<br />(a) Uuil.ling all,1 wnilllt laws, ol.lill;lIlCes. S,ate alld Federal rc!:ulaliom.
<br />(b) Rescrilliolls re"llill/: 10 IIse or impruvellll'lIt 01 plemises wilho"t dle,ti"e lorfeiture pwvisioll,
<br />(c) Reservatioll of ;IIIY millerals or milleral ril:hls 10 Ihe Slale of Millllt'SOI.I.
<br />(d) Ulili". .'11" "lainallc casements whi,h "onol illterfele wilh prnenl improvements. Taxes on both homes to be
<br />(c) Righrs of lenalllS as follows: (llllless specifie.l. 1101 s"hj('ll 10 le'l:lIl<i,'s) prorated as of 6/1/88
<br />Thl' hu)'er shall pay Ihe real eSlale 1.lxes due in Ih~ yt'ar 19 88 all.l any ullpaiJ iilslalllll.elllS of special assessmeOlS pal'able Ihe.rewilh
<br />anJ Iherealrer. :)cller warralllS Ihal It'al estale 101 xes due III Ihe yeM 1988 w,lI be :I: UJ.l hOlUeslead c1assih(alion
<br />(full. panial or non.homeslead - SC;oIle which)
<br />Neill..:r ri,e seller nor Ihe .'!'Iler's. agent make .'ny It'IHneUI;1I ion or wMrallly whalsoever ((>ncerning Ihe amoUIII of ft'al eSlale laxes
<br />whidl shall he assesse.l a1:ainsl Ihe prol'eny suhseqllelll 10 lhe d.lIe of IHtll hase.
<br />Seller covell;lIllS Iha/ huildill!:s. if ;111)'. arc elltilell' wilhin lhe houn.l.llY lilies of Ihe properl)' alld agrees 10 remove all personal pwpeny
<br />. nOI inclll.le.l hereill all" all .Iebris lrom Ihe premises prior 10 posse"ioll d,lIe, Sl'I.I.J.(t WAIlIlANTS ALL AI'I'I.JANCES. HEATING. AIR
<br />CONDITIONING, WlIlING AND pLUMBIN<.; USED AND J.()CATU) ON SAID pHEMISES AilE IN I'IWI'Ut WORKING ORDER
<br />Kr OATE OF CI.OSING.
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<br />The seller fUrlher "grees 10 deli,'cr possI'ssioll lIot I.Ut'( Ih,," c los i n9 da te pruvi.!ed lIl;l1 all (OIuliliulIs of Ihi5
<br />al:reelllenl h.,ve heen (ullIplie,1 Wilh, IJnlcss ulhel\"ise spnilit.dlhis ,.lh. \h.dl he dose.! Oil or hdure (,II days 1....1I11he dale hereof.
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<br />III Iht. t'venl Ihis properly is .!e\lIuyc.! or SllhSLlIIli;llly d;llll;l!:('.! lor I",. ur ;IIII' olher lallse hclore Ihe c1using .!ale Ihis ar'reell1elll shall
<br />I>ccu/lle null alld void, al Ihe I'urd.;lser's upliulI, "lid "II lIIullies paid I&1'lt'lllhler sh;1I1 he rdun,ledlo hi/ll. '"
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<br />The Im\'er .1IlJ seller alsu 1I\1I111;,lIy ;I!:ree Ih;ll pro ml;l "djusllllellls 01 [eIlIS. illleresl. illsuf;\nce alld cily w"ler. all.!. in lhe (;lse of
<br />income: properly. (IIrrem operalin); expellses, shall he 1Il;.de as of possessl,on date """.' "" , .
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<br />The sellcr shall, wilhin arl';ISIlIl.lhle tillle afler "l'p....v.,i 01 Ihi, ;.!:rn'lIIe/ll. lurnish an "hSUMI of liele. uta Rq:iSll're.( Properly
<br />AbsHiltl n'rrifie,( hi .1;llc JO illdll.!e IHul'cr se.lf,hes cuverill/: Io.tllkrlll'llies. ;lnd SI.ue .1Il.! l'e.1el;ll ;".1/:lI1t'1I15 illl,1 liellS. The huyer shall he
<br />"I/..wed 10 dol"5 ,lfter ret.eipr IheH'llf /..r I'Xilll1ill;uioll of said lille all,1 ri'l' lI1akill)\ of allY ohjecliollS Iht.relll, 5;11,1' ohjectiollS 10 he lI1a,le in
<br />wrilin/-: Ilr .kellled III he W;l!\'ed. If ;1111' uhjetl jullS ;He so llIade rhe sell,'r \hall hc allowl'.1 12() daY5 IH -"lake slIch liele n\;\rkel"hle. Pe/ulill);
<br />(orretlioll ..I lilk' Ihe I>aymellls hnt'llll.!t'r reqllir",( sh;lll (I(' pusIl'olle.!. louI "1"'11 (llunliulI ulliele all.1 Wilhill III days aher wrillell lIu!ice
<br />to rhe hurcr. the P;UIICS shall pcrfor.n chis aJ~Cl'l'1I1CJlt ;,u.cordiu.L: tu its. 'l.'IIUS.
<br />If s;ai..l .ille is not .narkclahlc .,nd is Hot 111;h.lC so \,",tbin 120 d.I\"' (nun lhe ...tatc of WriUl"U uhic((ion~ thereto a~ ..hove provided. lI.is
<br />;I,<:r('('IIICII/ shidl he null ",ru' v"id. 'II "I',ion o( ,he 11l'1','r, and lIl'ilb... 1" i.1< il'al sh.dl be liahle (or ";lIl1al:es herellllder hI Ihe 1)lher princi,,;II.
<br />AIIIIH"'t.y r1.erellllolt. p.lId br Ihe Illl\'t'r shall he rdunded. 11 Ih(' 1II1t- I" 5,,,.1 I'r"perly he f"und lIIarkelahle or he so ma,le wilhin said lime
<br />0111.1 ~"i.1 hUl:t'r sh.dl .Idaull in allY of tl~e a!;:rel'lIIl'nIS ,111.1 (IInlinue in lll'lallll ~or " p('riml of 10 d"l'S.. rhen "lid ,ill Ihal case IIw seller lll;l~
<br />lerm'II"le rillS COllllaC[ alld 011 5uch lerllllll;\(IOII alllhe p"ymellls ma.!e "1'011 lIlIS Wlllra(1 shall he relallled hy sa.d seller ;11I.1 said agelll. as
<br />Iheir respellivl' illlt'resls lIlay al'l'e;ll. as liquid.lled .lallla.~es. lillle heill!: "I Ihe t'ssellu' hl'n'lIl. This provisiulI shall 1101 deprive eilher pMly III
<br />Ihe riJ:hl 01 clI/ordn).: the spt'citic IH:rlul/Il;I/l(e of Ihi\ l"lllllrafl providl.d \lIl'h WlIlIaCl sh.dlllol he Wrlllillaled as alllresaid. and plOvided aClill1l
<br />10 enluflc suth Sl>c(ihc perforlllallu' shall he (Ollllllellfe,1 Wilhill six 1II01llhs a/wr sUlh ril:hl Ilf aClioll shod I arise.
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<br />II is 1I11,lt-r\IOod 0111.1 a,crec,) Ih.\( this \ale is made suhit'tl 10 Iht, .ll'l'ro".1I hv Ihe OWII('r 01 s"i.( prcmises ill wrilill}: and Ihal ,he ullder-
<br />.igllt'd ",celll is ill IlU mallller If.,hle or rl'\pollsihll' Oil ;lnoUIII 01 chis .1,Cn'l'llIelll. "Xtq'l /.. rellllll Ilr altOllll1 (or Ihe earllt'sl 1II""ey paid ulI"er
<br />IllS u"'lral'!.
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<br />The delivery of all papers anJ monies shall be made al Ihe ollicc 01:
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<br />marketable
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<br />WarranlY Deed
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<br />Oalcridge CONSTRUCTION & REALTY. IN'
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<br />6740 HIGHWAY #10 N.W. . ANOKA. MN 55303
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<br />I. che un,lersigned. owner Ilf Ihe ahove land, do hereby approve
<br />Ihe: above agreemel~11 Ihe sa Iherehy made.
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<br />~(yrz ..........................('"^"l
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<br />j;'1f~ft.?..~".rx .
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<br />· f1ary 'J. Sentyrz Seifer
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<br />Dy
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<br />, Asent
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<br />(SEAL)
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<br />I herehy al:ree 10 purchase Ihe said propeny lor Ihe IHire -all,t
<br />"1'011 lhe rms above memiollcd. ~nd s ,hjecl 10 all condilions
<br />hcr~~l' XIl'reSS <1/ tJ '1 - , )/)
<br />(/fT/l!-t -C /Y' I // ~_ _/
<br />R:;;r;;rd~:'1iofei(s" D"1 . C:OC~SE^"
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<br />L,,~f.~e~{.C;~,~~"".;,/....... ('EAL)
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