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FEB-02-99 15:00 From:US POSTAL SERVICE KC FSO 9138314202 T-743 P.02/05 Job-531 <br /> UNITED STATES Offer to Sell Real Property <br /> POSTAL SERVICE <br /> •clhtY Name/Location <br /> ELK RIVER, MN - MPO <br /> The undersigned, hereinafter called the seller, in consideration of mutual covenants and agreements herein set forth, <br /> and for other good and valuable consideration, the sufficiency of which is hereby acknowledged, hereby makes the <br /> irrevocable offer to sell and convey to the United States Postal Service and its assigns, the fee simple title to the <br /> following described land, with the buildings and improvements thereon, hereinafter referred to as "land", and all rights, <br /> hereditaments, easements and appurtenances thereunto belonging, and legally described as follows: <br /> subject to the following rights outstanding in third parties: <br /> Excepting and reserving to the seller the following rights and interests: <br /> The terms and conditions of this offer are as follows: <br /> 1. The seller agrees that this offer may be accepted by the United States Postal Service through any duly authorized <br /> representative, by delivering, mailing or telefaxing a notice of acceptance to the seller at the address stated below, at <br /> any time within calendar days from the date hereof, whereupon this offer and the acceptance thereof become <br /> a binding contract <br /> 2. The Postal Service agrees to pay the seller for said land the sum of <br /> payable upon approval by the Postal Service of the seller's title and execution and delivery by the seller of a good and <br /> sufficient general warranty deed conveying said land with the hereditaments and appurtenances thereunto belonging to <br /> the United States Postal Service and its assigns, in fee simple, free and clear from all liens and encumbrances, except <br /> those specifically excepted or reserved above, together with all right, title, and interest of the seller in and to any <br /> streams, alleys, roads, streets,ways, strips,gores, or railroad rights-of-way abutting or adjoining said land. <br /> 3. It Is agreed that the Postal Service will defray the expenses incident to the recordation of the deed to the Postal <br /> Service and the procurement of the necessary title evidence. <br /> 4. The seller agrees that all taxes, assessments, and encumbrances which are a valid lien against the land as of the <br /> time of conveyance to the Postal Service shall be satisfied of record by the seller at or before the transfer of title and, the <br /> seller, will, at the request of the Postal Service and without prior payment or tender of the purchase price deliver the <br /> general warranty deed to the Postal Service and obtain and record such other curative evidence of title as may be <br /> Aft required by the Postal Service. If the seller fails to satisfy any such liens or fails to secure such curative evidence as <br /> 111. required within sixty (60) days of acceptance of this offer by the Postal Service, the Postal Service may pay said liens <br /> and cure such defects and deduct any cost incurred from the purchase price of the land. Real Estate taxes for the <br /> current year, utilities and rents, if applicable, are to be pro-rated as of the date of closing. <br /> PS Form 8339,July 1997 1 <br />