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<br /> Page 5 of 6 Mlnnesota Uniform Conveyancing Blanks Form 30.1.1 �
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<br /> 15, Notice of Assignment, If either Seller or Purchaser assigns its inierest in the Property,the assigning party shall promptly fumish �
<br /> a copy of such assignment to fhe non-assigning pa�ty. t
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<br /> 16, Protection of Interests. If Purchaser falls to pay any sum of money requlred under the terms of ihls Contract or falls to perform �
<br /> any of the Purchaser's obligations as set(orth In this Contract,Seller may,at Seller's opilon,pay the same or cause the same to be performed,
<br /> or both,and the amounts sfl paid by Seller and the cost of such performance shall be payable at once,wilh Interest at the rate stated In �
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<br /> paragraph 4 of this Contract,as an additional amount due Seller under this Contract, If there now exlsts,or if Seller hereafter creates,suffers �
<br /> or permits to accrue,any mortgage,contract for deed,Ilen or encumbrance against the Property which is not herein expressly assumed by
<br /> Purchaser,and provided Purchaser is not In defau(t under thls Contract,Seller shall Bmely pay all amounts due therean,and if Seller fails to do . �
<br /> so,Purchaser may,at Purchasers option,pay any such delinquent amounts or take any actions reasonably necessary to cure defaults there �
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<br /> under and deduct the amounts so paitl together with interest at the rate provided in this Contract from the payments next coming due under
<br /> this Contract, '
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<br /> j 17. Defaults and Remedies. The time of performance by Purchaser of the terms of th(s Contract is an essential pari of this Contract. ;
<br /> if Purchaser falls to timely perform any term of this Contract,5elier may,at Sellet's opiion,elect to declare this Contract cancelled and
<br /> terminated by notice to Purchaser in accordance wlth applicable law or elect any other remedy avallable at law or in equity, Ii Seller elects to `
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<br /> termfnate this Contract,all right,title,and interest acquired under lhls Contract by Purchaser shall then ceasa and terminate,and all
<br /> improvements made upon the Property and all payments matle by Purchaser pursuant to this Contract(fnclutling escrow payments,if any) i
<br /> shall belong to Seller as liquidated damages for breach of this Contract, Nelther the exlension of Ehe time for payment of any sum of money to
<br /> be paid hereunder nor any wa(ver by Seller of Seller's rlghts to declare this Contract forfeited by reason of any breach shall in any manner
<br /> affect Seller's right to cancel this Coniract because of defaults subsequently occurring,and no extenslon of lime shall be valid unless agreed to
<br /> in writing. After service of notice of default and failure to cure such default within the period allowed by law,Purchaser shall,upon demand, E
<br /> surrender possession of the Property to Seller,but Purchaser shall be entitled to possession of the Property until the expiration of such period. I
<br /> Failure by Seller to exercise one or more remedies available under this paragraph 17 shall not constitute a waiver of the right to exercise such
<br /> remedy or remedies therea(ter,
<br /> 18. Binding Effect. The terms of ihls Contract shall run wlih the land and bind the partles hereto and the successors in Inlerest. ''
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<br /> 19. Headings. Headings of the paragraphs of this Coniract are for convenience only and do not deMa,limit,or construe the contents
<br /> 01 such paragraphs, '
<br /> 20.Add(tfonal Terms: Check here fl�an addendum to this Conlract conta/ning addiliona/terms end conditions is attached he�eto. �
<br /> Seller //�/ Purchaser
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<br /> /��-/_�•� . '��i/ �/ L.. � .
<br /> (�ynerw�)Gregory C. ite �S�"e���Todd G.Sylv er �
<br /> �.,.� i"1� ►�`-�-�.,-t-�.; � �
<br /> (slgna�we)Lynn t�. hite a/k/a Lynn M.White �5 B�Lisa M.Sylvester
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