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Aufhsndslgn ID! D44SD5F3.C30A.4AF3-HEt0-02CDABFESOC8 <br />ADDENDUM TO COMMERCIAL <br />PURCHASE AGREEMENT: <br />DUE DILIGENCE <br />44. Page 2 <br />45. Property located at 413 Procter Ave NW, Elk River, IM 55330 <br />46. (11) Phase II: This Purchase Agreement ❑ IS ❑ 1S NOT contingent upon ❑ BUYERc*one❑ SELLER <br />-----Xhwk one.)___. it he,) <br />47. obtaining a Phase 11 environmental site assessment of the Property at ❑ BUYER ❑ SELLER <br />48. expensewlthln days of Final Acceptance Date ofthis PurchaseAgreement. <br />49. Buyer shall provide reasonable approval of the Phase II environmental site assessment within <br />60. days of either: <br />51. (a) Final Acceptance Date of this Purchase Agreement if the Phase II environmental site assessment is <br />62. obligated to be obtained by Buyer; or <br />53. (b) receipt of the Phase II environmental site assessment If Seller is obligated to obtain. <br />64. (!IQ Other Testing: This Purchase Agreement ❑ IS ❑ 1S NOT contingent upon [] BUYER ❑ SELLER <br />55. obtaining other Intrusive Testing of the Property at ❑ BUYER'S ❑ SELLER'S expense within <br />56. days of Final Acceptance Date of this Purchase Agreement. <br />57. Buyer shall provide reasonable approval of the assessment/Inspection within <br />68. days of either: <br />69. (a) Final Acceptance Date of this Purchase Agreement if the assessment/inspection is obligated to be obtained <br />60. by Buyer; or <br />61. (b) receipt of the assessment/inspection If Seller Is obligated to obtain. <br />62, For purposes of this form, "Intrusive Testing" shall mean any testing, inspection(s) or Investigation(s) that <br />63. changes the Property from its original condition or otherwise damages the Property. <br />64. Buyer ❑ SHALL ❑ SHALL NOT be required to provide Seller with a copy of any assessment/inspectlon <br />-------(Check one.).... _..._ <br />65. reports obtained by Buyer. <br />66. (1v) Seller's Representations on Environmental Concerns: To the best of Seller's knowledge, there are no <br />67. hazardous substances or underground storage tanks except herein noted: <br />68. <br />69, -- <br />70. <br />71. B. GOVERNMENTAL APPROVAL: The following Items, it applicable, shall be completed within <br />72. 67 (sixty seven) _ - days of Final Acceptance Date of this Purchase Agreement. <br />73. (1) This Purchase Agreement ❑ IS ❑ IS NOT contingent upon Buyer obtaining approval of governing body of <br />---•-(Check onej-- <br />74. development or subdivision plans, as described below, at ❑ BUYER ❑ SELLER expense, if IS, Seiler shall <br />-----------{Check are.)•--•-- <br />75. cooperate with Buyer to obtain such approval. <br />76. <br />77. <br />78. <br />79, <br />80. <br />81. <br />(IQ This Purchase Agreement © IS ❑ IS NOT contingent upon Buyer obtaining approval of governing body for <br />----(Check one.) -- <br />rezoning or use permits, as described below, at ® BUYER ❑ SELLER expense. If IS, Seller shall <br />------ <br />cooperate with Buyer to obtain such approval. <br />Approval of Conditional Uwe Permit on June 21, 2021 <br />MN-ACPA:DD-2 (8/20) <br />IgMinnesota <br />Realtors® <br />TRANSACTIONS <br />TnmWhnUekEaitfon <br />