8.6. EDSR 01-17-2023 - Laserfiche WebLink

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COMMERCIAL LISTING CONTRACT: EXCLUSIVE 265. Page 7 266. Property located at - Multiple Parcels See Lines 292-298 Elk River MN 55330 267. ADDITIONAL NOTICES AND TERMS: As of this date Seller and/or Lessor has not received notices from any 268. municipality, government agency, or unit owners' association about the Property that Seller and/or Lessor has not 269. informed Broker about in writing. Seller and/or Lessor agrees to promptly inform Broker, in writing, of any notices of 270. such type that Seller and/or Lessor receives during the term of this Contract. 271. This shall serve as Seller's and/or Lessor's written notice granting Broker permission to obtain mortgage information 272. (e.g., mortgage balance, interest rate, payoff and/or assumption figures) regarding any existing financing on the 273. Property. A copy of this document shall be as valid as the original. 274. MISCELLANEOUS: This Contract is binding upon the heirs, successors, and assigns of the parties. 275. All of the representations and covenants of this Contract shall survive and be enforceable after termination of this 276. Contract. 277. This Contract constitutes the complete agreement between the parties and supersedes any prior oral or written 278. agreements between the parties relative to the provisions herein. No amendment, modification, or extension of this 279. Contract shall be valid or binding unless made in writing and signed by both Seller and/or Lessor and Broker. 280. This Contract shall be governed by the laws of the State of Minnesota. 281. ENTIRE AGREEMENT: This Contract and all addenda and amendments signed by the parties shall constitute the 282. entire agreement between Seller and/or Lessor and Broker. Any other written or oral communication between Seller 283. and/or Lessor and Broker, including, but not limited to, e-mails, text messages, or other electronic communications 284. are not part of this Contract. This Contract can be modified or canceled only in writing signed by Seller and/or Lessor 285. and Broker or by operation of law. All monetary sums are deemed to be United States currency for purposes of this 286. Contract. 287. ELECTRONIC SIGNATURES: The parties agree the electronic signature of any party on any document related to 288. this transaction constitute valid, binding signatures. 289. CONSENT FOR COMMUNICATION: Seller and/or Lessor authorizes Broker and its representatives to contact Seller 290. and/or Lessor by mail, phone, fax, e-mail, text message or other means of communication during the term of this 291. Contract and anytime thereafter. 292. OTHER: PID# 75-757-0105 17610 Tyler Street NW, Elk River MN 55330 Sec. 2 T32N R26W LOT 1 BLK 1 NORTHSTAR BUSINESS 293. PARK. To be sold for the sum or $2.00 PSF or any other price, rems or exchange to which the Seller and/or Lessor may consent. 294. PID# 75-820-0105 10835 170th Avenue NW, Elk River MN 55330 Sec. 11 T32N R26W LOT 1 BLK 1 NATURES EDGE BUSINESS CENTER. To be sold for the sum or $2.00 PSF or any other price, rems or exchange to which the 295 Seller and/or Lessor may consent. PID# 75-597-0105 13566 185th Avenue NW, Elk River MN 55330 Sec.32 T32N R26W LOT 1, BLK 1 FOX HAVEN 296. COMMERCIAL. To be sold for the sum or $2.75 PSF or any other price, rems or exchange to which the Seller and/or Lessor may consent. 297. PID# 75-597-0110 13530 185th Avenue NW, Elk River MN 55330 Sec.32 T33N R26W LOT 2, BLK 1 FOX HAVEN 298 COMMERCIAL. To be sold for the sum or $2.75 PSF or any other price, reins or exchange to which the Seller and/or Lessor may consent. 299. Seller shall pay Broker a brokerage fee of 6% of the price for which the Property is sold or exchanged, the minimum gross sale price for industrial, retail and/or office land, for the purpose of calculating 300. commission only, shall be $1.50 per square foot. Cooperating broker compensation shall be split equally between brokers. 301. The seller will provide a "Restrictive List" of potential buyers, in which seller already has a relationship, to broker by January 14, 2022. In the event a Purchase Agreement is entered into by a Buyer on 302. the "Restrictive List" prior to March 31, 2022, the terms of broker compensation will be hereby modified as follows: Seller shall pay commission to cooperating broker directly as negotiated with cooperating broker 303. and a commission of 1% to seller's broker. Seller reserves the right to accept, reject or negotiate any Purchase Agreements as presented. 304. MNC:LC:E-7 (8/20) (,7 Minnesota CCCC�� Realtors`! TRANSACTIONS fran>ae:ianCes'v. Ea.rror•