INFORMATION #6 09-17-2001 - Laserfiche WebLink

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Form 1519A 3 (Rev. 9/97) PURCHASE AGREEMENT 106. Address 1217 5thStreet 107. Page 3 Date Auqust 2001 108. REAL ESTATE TAXES shall be paid as follows: Seller shall pay all realestate taxes due through the termination/sale of'life estate. ~no n ...... shall pay, DDt'~D^TCr~ Tt"~ D.~V. ~C ~1 ~1~1~ 4OTM~ ~ ~ ~n~= ~ ,m~m * .... ~"~ end paycb!e in m~ year ~o (sir!kc twa) ! !3. Seller agrees to pay Buyer at closing $ 115. 2nd pcy2~ No representations are made concerning the amount of subsequent real estate taxes. 116. POSSESSION: Seller shall deliver possession of the property not later than date life estate terminates 117. All interest, homeowner association dues, rents, fuel oil, liquid petroleum gas and all charges for city water, city sewer, electricity and 118. natural gas shall be paid by seller for duration of life estate. Seller agrees to remove ALL DEBRIS AND ALL PERSONAL PROPERTY 119. NOT INCLUDED HEREIN from the property by possession date. 120. ENVIRONMENTAL CONCERNS: To the best of the Seller's knowledge there are no hazardous substances or underground storage 121. tanks, except herein noted: None after closing. 122. 123. SELLER WARRANTS THAT THE PROPERTY IS DIRECTLY CONNECTED TO: CITY SEWER X YES [] NO CITY WATER X YES [] NO (check one) (check one) 124. SELLER/BUYER AGREES TO PROVIDE WATER QUALITY TEST RESULTS IF REQUIRED BY GOVERNING AUTHORITY AND/OR LENDER. ...... (strike one) ...... 125. SELLER/BUYER AGREES TO PROVIDE, IF REQUIRED BY THE TERMS OF THIS PURCHASE AGREEMENT OR BY GOVERNING AUTHORITY --%-- (strike one) ...... 126. AND/OR LENDER, A LICENSED INSPECTOR'S SEPTIC SYSTEM INSPECTION REPORT OR NOTICE INDICATING IF THE SYSTEM COMPLIES 127.°WITH APPLICABLE REGULATIONS. NOTICE: A VALID CERTIFICATE OF COMPLIANCE FOR THE SYSTEM MAY SATISFY THIS OBLIGATION. 128. NOTHING IN LINES 125 TO 129 SHALL OBLIGATE SELLER TO UPGRADE, REPAIR OR REPLACE THE SEPTIC SYSTEM UNLESS OTHERWISE 129. AGREED TO IN THIS PURCHASE AGREEMENT. 130. SELLER WARRANTS THAT CENTRAL AIR CONDITIONING, HEATING, PLUMBING AND WIRING SYSTEMS USED AND LOCATED ON SAID 131. PROPERTY WILL BE IN WORKING ORDER ON DATE OF CLOSING, EXCEPT AS NOTED IN THIS AGREEMENT, 132. BUYER HAS THE RIGHT TO A WALK-THROUGH REVIEW OF THE PROPERTY PRIOR TO CLOSING TO ESTABLISH THAT THE PROPERTY IS IN · *'~. SUBSTANTIALLY THE SAME CONDITION AS OF THE DATE OF PURCHASE AGREEMENT. _,. BUYER ACKNOWLEDGES THAT NO ORAL REPRESENTATIONS HAVE BEEN MADE REGARDING POSSIBLE PROBLEMS OF WATER 135. IN BASEMENT, OR DAMAGE CAUSED BY WATER OR ICE BUILD-UP ON ROOF OF THE PROPERTY AND BUYER RELIES SOLELY 136. IN THAT REGARD ON THE FOLLOWING STATEMENT BY SELLER: 137. SELLER HAS / HAS NOT HAD A WET BASEMENT, AND HAS / HAS NOT HAD ROOF, WALL OR CEILING DAMAGE CAUSED ...... (strike one) ............ (strike one) ...... 138. BY WATER OR ICE BUILD-UP, BUYER HAS / HAS NOT RECEIVED A SELLER'S PROPERTY DISCLOSURE STATEMENT. ...... (strike one) ...... 139. BUYER HAS RECEIVED THE INSPECTION REPORTS, IF REQUIRED BY MUNICIPALITY. 140. BUYER HAS RECEIVED THE WELL DISCLOSURE STATEMENT OR A STATEMENT THAT NO WELL EXISTS ON THE PROPERTY. 141. AND A SEPTIC SYSTEM DISCLOSURE STATEMENT OR A STATEMENT THAT NO SEPTIC SYSTEM EXISTS ON OR SERVES THE 142. PROPERTY, AS REQUIRED BY MINNESOTA STATUTES 143. I ACKNOWLEDGE THAT I HAVE RECEIVED AND HAD THE OPPORTUNITY TO REVIEW THE ARBITRATION DISCLOSURE AND RESIDENTIAL 144. REAL PROPERTY ARBITRATION AGREEMENT. 145. SELLER(S) BUYER(S) 146. SELLER(S) BUYER(S) 147. 148. ~4eens~) ~49. 150. (Licensee) 151. Is Seller's Agent / Buyer's Agent / Duc! Agent / Hen A~ent (Camp:ny) TUI~ klnTICl:= DOES ~.lO~r' ~_TI~CV ,.,~N ..... !54. nl If.i .~cM~v Dr'-DDl:::Cl~klT&Tlnl~l DOES ~ DOES ,,O thic ~64. act as dljaj agents in this transaction. Seller Buyer Date Date