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• <br /> • <br /> COMMERCIAL PURCHASE AGREEMENT <br /> This form approved by the Minnesota Association of REALTORS® <br /> and the Minnesota Commercial Association of REALTORS® which <br /> disclaims any liability arising out of use or misuse of this form. <br /> ©2012 Minnesota Association of REALTORS®,Edina,MN <br /> 1. Date 06/10/13 <br /> 2. Page 1 of pages <br /> 3. Received of Professional Service Bureau, Inc. <br /> 4. the sum of one Thousand <br /> 5 ($ 1,000.0o ) DOLLARS <br /> 6. check as earnest money to be deposited upon Final Acceptance of <br /> (Check,cash or note-state which.) <br /> 7. Purchase Agreement by all parties,on or before the third Business Day after Final Acceptance,in the trust <br /> 8. account of listing broker, unless otherwise agreed to in writing, but to be returned to Buyer if Purchase <br /> 9. Agreement is not accepted by Seller. <br /> 10. Said earnest money is part payment for the purchase of property at Parcel Al (see attached exhibit A <br /> 11. Parcel Al situated in the <br /> 12. • <br /> 13. County of Sherburne ,State of Minnesota, PlD# (s) n/a <br /> 14. and legally described as follows <br /> Lot 1 Elk 1 Northstar Business Park <br /> 15. <br /> 16. • <br /> 17. together with the following personal property: <br /> n/a <br /> 18. <br /> 19. <br /> 20. <br /> 21. all of which property the undersigned has this day sold to Buyer for the sum of: <br /> 22. One Hundred Ninety-Six Thousand <br /> 23. ($ 196,000.00 )DOLLARS,which Buyer agrees to pay in the following manner: <br /> 24. Earnest money herein paid $ <br /> 1,000.00 and $ .00 , cash, on <br /> 25. September 16th ,20 13 ,the date of Closing and the balance of$ 1.00 <br /> 26. by financing as shown on the attached Addendum. <br /> 27. DEED/MARKETABLE TITLE: Subject to performance by Buyer, Seller agrees to execute and deliver a <br /> 28. © Warranty Deed, ❑ Limited Warranty Deed or ❑ Other: Deed, <br /> { - ----------------- -.--.-------------(Check one.----------------------_------..-..--------- <br /> 29. conveying marketable title, subject to: <br /> 30. (a) building and zoning laws, ordinances, and state and federal regulations; <br /> 31. (b) restrictions relating to use or improvement of the property without effective forfeiture provisions; <br /> 32. (c) reservation of any mineral rights by the State of Minnesota or other government entity; <br /> 33. (d) utility and drainage easements which do not interfere with existing improvements; <br /> 34. (e) rights of tenants as follows©none ❑subject to the following tenancies: <br /> -----.--..-----------_----(Check one.)-------------- <br /> 35. <br /> 36. ;and <br /> 37. (f) others (must be specified in writing): <br /> 38. <br /> MNC:PA-1 (10/12) <br /> ,((�� <br /> _t� , . /forms <br />