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\ '' \\ PURCHASE AGREEMENT <br /> This form approved by the Minnesota Association of <br /> REALTORS.which disclaims any liability arising out <br /> of use or misuse of this form. <br /> 41111 1. Date 5'- v20 _9 7 <br /> 2. Page 1 of `o Pages <br /> 3. RECEIVED OF die///4 i .. . . - 4 /are , I N A-iv /DSC 7-7-/E4. /_=,4k 2/4/& / <br /> 5. the sum of _///4 //4/NpZcD Dollars($-S-434°'O a ) <br /> 6. by eitiM ASH-NOTE as earnest money to be deposited upon acceptance of Purchase Agreement by all parties, on or <br /> (circle one) <br /> 7. before the next business day after acceptance, in the trust account of listing broker but to be returned to Buyer if Purchase <br /> 8. Agreement is not accepted by Seller. Said earnest money is part payment for the purchase of the property located at: <br /> 9. Street Address: XJx 7NTXls7,Z/.4l Zii'L . <br /> 10. City of Fmk Jiiii € County of</-i feRs7?N4- , State of Minnesota, <br /> 11. Legally described as: -.41)7--..•1" '4 1< / 1-7--Lk X'/IF/2 ZA,Di/S7 044.4 P=4 RK <br /> 12. <br /> 13. including the following property, if any, owned by Seller and used and located on said property: garden bulbs, plants, shrubs, and <br /> 14. trees; storm sash, storm doors, screens and awnings; window shades, blinds,traverse and curtain and drapery rods; attached lighting <br /> 15. fixtures and bulbs; plumbing fixtures, water heater, heating plants (with any burners, tanks, stokers and other equipment used in <br /> 16. connection therewith), built-in air conditioning equipment, electronic air filter, Water Softener OWNED/RENTED/NONE built-in humidifier <br /> (crcte one) <br /> 17. and dehumidifier, liquid gas tank and controls (if the property of Seller), sump pump; attached television antenna, cable TV jacks <br /> 18. and wiring; BUILT-INS: dishwashers, garbage disposals, trash compactors, ovens, cook top stoves, microwave ovens, hood fans, <br /> 19. intercom's; ATTACHED: carpeting; mirrors; garage door openers and all controls; smoke detectors; fireplace screens, doors and <br /> 20. heatilators; AND:the following personal property: <br /> 21. <br /> 22. <br /> all of which property Seller has this day agreed to sell to Buyer for sum of: ($S f X'Y/ i i�F 7 Ht 4S,4 iV i ) <br /> �o.04 2Dollars, <br /> 2 . which Bu er agrees to pay in the following manner: Earnest money of$_,SDO,D d <br /> 26. and$ byi_5'4 d cash on AA,4/ D' , /' 97 , the date of closing, and <br /> 27. the balance of$ / by financing in accordance with the attached addendum: <br /> 28. Conventional FHA VA Assumption Contract for Deed Purchase Money Mortgage Other: C/,5�/ <br /> (cede all that appty) <br /> 29.This Purchase Agreement IS/ NOT -ubject to a Contingency Addendum. (If answer is IS,see attached addendum.) <br /> -(dr a one) <br /> 30.This Purchase Agreement IS/ S NO subject to cancellation of a previously written Purchase Agreement dated . <br /> -(Code one)- <br /> 31. Buyer has been made aware of the availability of property inspections. Buy elect have a property inspection performed <br /> 32.at Buyer's expense. - leone)- <br /> 33.This Purchase Agreement Si,. subject to an Inspection Addendum. (If answer is IS, see attached addendum.) <br /> 34.Attached are other addenda which are made a part of this Purchase Agreement. (Enter page or pages on line 2) <br /> 35. DEED/MARKETABLE TITLE: Upon performance by Buyer, Seller shall deliver a �E_NEX'G Warranty Deed <br /> 36.joined in by spouse, if any, conveying marketable title,subject to: <br /> • <br /> 37.(A) Building and zoning laws, ordinances, state and federal regulations; (B) Restrictions relating to use or improvement of the property <br /> 38.without effective forfeiture provisions;(C)Reservation of any mineral rights by the State of Minnesota;(D)Utility and drainage easements which <br /> 39.do not interfere with existing improvements; (E) Rights of tenants as follows(unless specified, not subject to tenancies): <br /> 40. -_ <br /> 41. (F)Others(Must be specified in writing): <br /> SPECIAL ASSESSMENTS shall be paid as follows: <br /> : <br /> UYER AND SELLER SHALL PRORATE AS OF THE DATE OF CLOSING//SELLER SHALL PAY ON DATE OF CLOSING)installments <br /> (circle one) <br /> 44. of special assessments certified for payment with the real estate taxes due and payable in the year of closing. <br /> 45. BUYER SHALL ASSUME/ LLER SHALL PAY n date of closing all other special assessments levied as of the date of this Agreement <br /> (cede one) <br /> 46. BUYER SHALL ASSUME/�ER SHALL PROVIDE FOR PAYMENT OF pecial assessments pending as of the date of this Agreement <br /> 47. for improvements that have been ordered by the City Council or other assessing authorities. (Seller's provision for payment shall be by <br /> 48. payment into escrow of two(2)times the estimated amount of the assessments,or less as required by Buyer's lender.) <br /> 49. BUYER SHALL ASSUME ELLER SHALL PAY)n date of closing any deferred real estate taxes (i.e. Green Acres, etc.) or special <br /> (code one,' <br /> 50. assessments payment of which is required as a result of the closing of this sale. Buyer shall pay real estate taxes due and payable in <br /> 51.the year following closing and thereafter and any unpaid special assessments payable therewith and thereafter,the payment of which is <br /> 52. not otherwise provided.As of the date of this Agreement,Seller represents that Seller HASS IsA___129eceived a notice of hearing for a <br /> (circle one) <br /> 53. new public improvement project from any governmental assessing authority,the costs of which project may be assessed against the property. If a <br /> 54. notice of pending spe i.l - sessment is issued after the date of this Agreement and on or before the date of closing, Buyer shall assume <br /> 55. payment of ALL NONE OTHER: of any such special assessments, and Seller shall provide for <br /> 56. payment on date of closin NONE/OTHER: of any such special assessments. If such special <br /> (circle one) <br /> 57. assessments or escrow amounts for said special assessments as required by Buyer's lender shall exceed $ Al ,4 , <br /> 58. Seller and Buyer Initial: Seller(s) Date Buyer(s) Date <br /> 59. MN:PA-1 (8/96) <br />