11-15-2013 - Legal Doc: amend. summons, complaing, civil cover sheet

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Authentisign ID:16706484-ACC8-47DF-8e07-E7DEFF933E7F YEdin�ars INSPECTION CONTINGENCY ADDENDUM This form approved by the Minnesota Association of REALTORS', * �c which disclaims any tfabitty arising out of use or misuse of this form. m 2012 Minnesota Association of REALTORS',Edna,MN 1. Date 02/11/13 _- 2. Page _ _- 3. THE PROPERTY,IF NOT NEW,CANNOT BE EXPECTED TO BE IN NEW CONDITION. 4. ROUTINE MAINTENANCE ITEMS ARE NOT PART OF THIS ADDENDUM. 5. Addendum to Purchase Agreement between parties,dated February 11th ,20 13 ,pertaining 6. to the purchase and sale of the property at 4550 Wolverton Place 7, Orono MN 55359 8. This Purchase Agreement Is contingent upon a complete home Inspection(s)of the property to determine Its condition. 9. Any and all inspections performed by Buyer shall constitute a complete home inspection(s). 10. Any inspection(s)shall be done by an Inspector(s)of Buyer's choice.The Inspector(s)should be qualified to do the 11. inspection(s),as evidenced by a license or professional designation.Buyer shall satisfy Buyer as to the qualifications 12. of the Inspector(s). 13. Said Inspection(s)shall be at Buyer's sole expense. 14. Seller agrees to make the property reasonably available for said Inspection(s). 15. Any Inspection(s)or test(s)done by FHA,DVA or any other governmental unit shall be done and paid for in accordance 16. with the applicable regulations and are not part of this Inspection Contingency Addendum. 17. Buyer shall not have the right to do intrusive testing without the prior written authorization of Seller. 18. For purposes of this form,"intrusive testing"shall mean any testing,inspection(s)or investigations)that changes the 19. property from its original condition or otherwise damages the property. 20. Seller❑DOES d DOES NOT agree to allow Buyer to perform Intrusive testing or inspection(s). (Check one.)--- 21. It answer is DOES, Buyer agrees that the property shall be returned to the same condition it was in prior to Buyer's 22. Intrusive testing at Buyer's sole expense. 23. For the purposes of this Addendum,"Business Days"shall end at 11:59 p.m.and do not include Saturdays, 24. Sundays and state and federal holidays. 25. All inspection(s)shall be done within 2 -Business Days of Final Acceptance of this Purchase Agreement. 26. Buyer shall have these options following Inspection(s): 27. (1) It Buyer,or licensee representing or assisting Buyer,identifies any issues pertaining to the property resulting 28. from the Inspection(s)and intends to negotiate the Identified issues with Seller, then Buyer, or licensee 29. representing or assisting Buyer, shall notify Seller, or licensee representing or assisting Seller,in writing, 30. describing the Issues and proposed remedy,within 1 Business Days after expiration of the time 31. period specified on line 25. 32. If Buyer,or licensee representing or assisting Buyer,notifies Seller,or licensee representing or assisting 33. Seller, of the identified Issues and proposed remedy, and if within 1 Business Days atter such 34. notice Buyer and Seller have not agreed in writing to a remedy of the identified Issues,this Purchase Agreement 35. is canceled without further notice required. Buyer and Seller shall immediately sign a Cancellation of 36. Purchase Agreement confirming said cancellation and directing all earnest money paid hereunder to he 37. refunded to Buyer,and thereafter neither party shall have any further liability to the other. 38. And/or; 39. (2) Notwithstanding any provision to the contrary or any notice given,Buyer may unilaterally waive any issues, 40. providing that Buyer,or licensee representing or assisting Buyer,notifies Seller,or licensee representing or 41. assisting Seller,of waiver in writing,within the lime specified on line 33. 42. And/or; MN:ICA-1(8/12) ER 111-1(8112) Jvsta,,t arms