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Authentisign ID:16706484•ACCB 47DF-8A07-E7DEFF933E7F
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<br /> E111C1 't PURCHASE AGREEMENT
<br /> This form approved by the Minnesota Association of REALTORS',
<br /> which disclaims any liability arising out of use or misuse of this form.
<br /> 02012 Minnesota Association of REALTORSe,Edina,MN
<br /> 1. Date 02/11/13
<br /> 2. Page 1 of
<br /> 3. RECEIVED OF Brian Wilcox and Alexandra McDermott
<br /> 4.
<br /> 5. the sum of Forty Thousand Dollars($ 40,000.00 )
<br /> 6. by[Xj CHECK❑CASH ❑ NOTE as earnest money to be deposited upon Final Acceptance of Purchase
<br /> -(Check one.)--
<br /> 7. Agreement by all parties,on or before the third Business Day after Final Acceptance,in the trust account of fisting
<br /> 8. broker,unless otherwise agreed to In writing,but to be returned to Buyer if Purchase Agreement is not accepted
<br /> 9. by Seller,
<br /> -- 10. Said earnest money is part payment for the purchase of the property located at
<br /> 11. Street Address: 4550 Wolverton Place
<br /> 12. City of Orono ,County of Hennepin
<br /> 13. State of Minnesota,legally described as Lot 001 Block 001 PDXPYRR ESTATES
<br /> 14.
<br /> 15.
<br /> 16.
<br /> 17. including all fixtures on the following property, if any, owned by Seller and used and located on said properly,
<br /> 18. including but not limited to garden bulbs, plants, shrubs and trees; storm sash, storm doors, screens and awnings;
<br /> 19. window shades, blinds, traverse and curtain and drapery rods; attached lighting fixtures and bulbs; plumbing
<br /> 20. fixtures,water heater,heating plants(with any burners,non-fuel tanks,stokers and other equipment used In connection
<br /> 21. therewith),built-in air-conditioning equipment,electronic air filter,water softener[DOWNED❑RENTED❑NONE,
<br /> ----(Check one.) --•
<br /> 22. built-in humidifier and dehumidifier, liquid fuel tank(s) ❑X OWNED ❑ RENTED ❑ NONE and controls (if the
<br /> --(Check one.)---
<br /> 23. property of Seller), sump pump; attached television antenna, cable TV Jacks and wiring; BUILT-INS: dishwashers,
<br /> 24. garbage disposals, trash compactors, ovens, cook-top stoves, microwave ovens, hood fans, intercoms;
<br /> 25. ATTACHED:carpeting;mirrors;garage door openers and all controls;smoke detectors;fireplace screens,doors and
<br /> 26. healifators;AND the following personal property:
<br /> 27.
<br /> •
<br /> 28.
<br /> 29,
<br /> 30. all of which property Seller has this day agreed to sell to Buyer for sum of($ 500,000.00
<br /> 31. Nine Hundred thousand Dollars,
<br /> 32. which Buyer agrees to pay in the following manner:
<br /> 33. 1. Cash of 20 percent(%)of the sale price,or more in Buyer's sole discretion,which Includes the earnest
<br /> 34. money;PLUS
<br /> 35. 2. Financing of 60 percent(%)of the sale price,which will be the total amount secured against this properly
<br /> 36. to fund this purchase.
<br /> 37. Such financing shall be (check one) ❑a first mortgage;I I a contract for deed; or LI a first mortgage with
<br /> 38. subordinate financing,as described in the attached Addendum:
<br /> 39. ❑X Conventional ❑FHA ❑DVA ❑Assumption LI Contract for Deed❑Other:
<br /> -- --(Check one.)-
<br /> 40.
<br /> ne.)-
<br /> 40. The date of closing shall be May 15th , 20 13
<br /> MN:PA-f (8/12)
<br /> ER 170-1 f8/12)
<br /> InstalOt
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