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Authentisign ID:16706484-ACC5 47DF-8A07-E7DEFF933E7F <br /> • <br /> kEdlna ' ` SUBSURFACE SEWAGE TREATMENT <br /> ;4 - SYSTEM AND WELL INSPECTION <br /> CONTINGENCY ADDENDUM <br /> This form approved by the Minnesota Association of REALTORS`, <br /> which disclaims any liability arising cul of use or misuse of IRIS form. <br /> et 2012 Minnesota Association of REALTORS`,Edina,MN <br /> 1. Date 02/11/13 <br /> 2. Page --3. Addendum to Purchase Agreement between Buyer(s)and Seller(s), dated Pebruacy 11th , 20 13 , <br /> 4. pertaining to the purchase and sale of the property at_9550 Wolverton Place <br /> 5; Orono ...._- _- MN 55359 <br /> 6. For the purposes of this Addendum,"Business Days"shall end at 11:59 p.m.and do not include Saturdays, <br /> 7. Sundays and state and federal holidays. <br /> 8. Seller has previously disclosed that a subsurface sewage treatment system and/or private well exists on,or serves, <br /> 9. the property.This Purchase Agreement is contingent upon inspection(s)of the subsurface sewage treatment system <br /> 10. and/or privato well to determine the condition or status of the following checked Items. <br /> 11. If the appropriate test(s)/inspection(s)checked below are not done and results provided within the time specified, <br /> 12. or waived in writing by Buyer,,then the party not responsible for obtaining the test/inspection may declare this Purchase <br /> 13. Agreement canceled by written notice to the other party,or licensee representing or assisting the other party,In which <br /> 14. case this Purchase Agreement is canceled.if the party declares this Purchase Agreement canceled,Buyer and Seller <br /> 15. shall Immediately sign a Cancellation of Purchase Agreement confirming said cancellation and directing all earnest <br /> 16. money paid hereunder to be refunded to Buyer. <br /> 17. (Check all that apply.) <br /> 18. xQ SUBSURFACE SEWAGE TREATMENT SYSTEM: <br /> 19. All test(s)/inspection(s)shall be done and results provided to Buyer within 5 Business Days of Final Acceptance <br /> 20. of this Purchase Agreement. <br /> 21. ❑BUYER[]SELLER AGREES TO OBTAIN(AND PROVIDE TO BUYER)A LICENSED INSPECTOR'S SEPTIC <br /> 22. SYSTEM SYSTEM INSPECTION REPORT OR NOTICE INDICATING IF THE SYSTEM COMPLIES WITH APPLICABLE <br /> 23. REGULATIONS WITHIN THE TIME SPECIFIED ABOVE. <br /> 24. NOTICE:A VALID CERTIFICATE OF COMPLIANCE FOR THE SYSTEM MAY SATISFY THIS OBLIGATION. <br /> 25. If the Inspection report indicates that the subsurface sewage treatment system is not In compliance with applicable <br /> 26. regulations,then the parties may agree In writing on or before the date of closing,to negotiate an allocation between <br /> 27. Buyer and Seller of those costs necessary to bring the subsurface sewage treatment system into compliance with <br /> 28. applicable regulations. <br /> 29. In the absence of such agreement,either party may declare this Purchase Agreement canceled by written notice <br /> 30. to the other party,or licensee representing or assisting the other party,in which case this Purchase Agreement is <br /> 31. canceled. II either party declares this Purchase Agreement canceled, Buyer and Seller shall immediately sign <br /> 32. a Cancellation of Purchase Agrecrriant con firming said cancellation and directing all earnest money paid hereunder <br /> 33. to be refunded to Buyer. <br /> MN:PS'NCA-1(8(12) <br /> ER 123.1(8/12) <br /> /astart <br /> arms <br />