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03-20-1995 Planning Packet
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03-20-1995 Planning Packet
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/ <br />a RECEIVED OF <br />4_________ <br />\ PURCHASE AGREEMENT <br />ThA term approved by ttw Mmn«oa AnodMn ol <br />1 Dale <br />P^EAUQRS*. Wbcfi disctaims any labttiy <br />afiamg out of UM or nvsusc of th«s torm <br />y /«»• c________ <br />2. Page 1 ol Pages <br />Txi / // O 4.Ooiars (S o;^o JS tti# suff' of <br />E ti^^^D^-CASH-NOTE M earnest money to be deposited upon acceptance of Purchase Agieemcnt by aN partiet, on or <br />7 before the ^iTbusiness day after acceptance. In a trust account of Hsting broiief but to be returned to Buyer If Purchase <br />E AQfeement Is not accepted by Seller. Said earnest money is part payment tor the purchase of the property localed al. <br />V->M L X ___ilfLA.----— ' .......... ............... ....a Street Address <br />10 Ciy of O ^ <br />11. Legally described as; <br />12 ^ O <br />.. County of Slate of Minnescta, <br />i- o r- I \A a. <br />ia inctuding the toitoiinnq properly. 4 any. owned by Seier and used and tocaied on said propafty: garden bulbs, ptants. shrUji, and <br />14. trees; storm sash, storm doors, screers and awnings; window shades, blinds, traverse and curtain and drapery rods; altachad igNing <br />tS fuctures and butos. plumbtfig fixtures, water healer, healing ptants (wilfi any burners, tante, fliolvrs and other equipment used in <br />IE connection iherevnlh). burll in air conditioning equ4H««ot. etoctronic air Wer. Water Softener OWNED / R^^D/NONE, buil^ humidieer <br />17. and dehurmlfier. liquid gas tank and controls fif the property of Seller), sump pump; attached television antenna, cable TV <br />ia and wiring; BUILT-INS: dishvirashers. garbage dtsposats. trash compactors, wrens, cook lop slwes. microwteite ovens, hood Ians, <br />19. Intercoms. ATTACHED; carpeting; mirrors; garage door openers and ail controls; smoka datectors; fireplace screens, doors and <br />2Q heatllators; AND; the following personal property: -----—----------------------- ■ ....................... ■ ........-...... <br />21_______________________________________——-------——------------------------------------------------------------------------------------ <br />22. ----------------------------------------------------------------------------------------------------------------- <br />23, ail of which property Seller has this day agreed to sefl lo Buyer lor sum of (S /^"Z. <br />24 U ^ ^ * A 1 r-f Jvr s/v __4__rr <br />jO- <br />o J <br />2S which Buyer agrees to pay in ihe following manner Earnest money of S 1 a a.i <br />26, and t *7 cy r. .n ^______________________cash on------j. J —Ls^ <br />3 Doilafi, <br />27. the balance of f --------------------------------------- <br />^ ^ VA Assumption ^ Contract for Deed Other <br />___________________the date of dosing, and <br />by rmancir>g in accordance with ttm attached addendum: <br />26 Conventional <br />291 This Purchase Agreement subject to a coriirigency addendum. (If answer is IS. see attached addendum.) <br />Oa This Purchase Agreement jS / tSTTgr^ubject to carKeflalion of a previousfy wriiien Purchase Agreement dated - <br />31. This Purchase Agreement JS subject to an Inspection Addendum. (If answer la IS, see attached addendum.) <br />32. Attached are other agenda which are mide a part of this Purchase AgreemenL (ErSer page or pages on hne 2) <br />Warranty Deed33 OEED/WARKETABLE TITLE: Upon perfermance by Buyer. Seier shai deliver a ------------ <br />34. joined in by spouse, if any. conveying marketatle ittfe. subject tr. ^ <br />36 (A) Buildtng and zoning tows, ordinances, state and federal regulations; (B) Restrictions relating lo use or improvement of the property iMIhoill <br />36 effective torfeiture provisions; (C) Reservation of any mineral nghts by the State of Minnesota; (D) Utily and drainage easementi which do not <br />f y.jrfere with existing impro/ements; (E) Rights of tenants as follows (unless spectfed. not subject to tenancies): <br />/ <br />37. <br />36_______________________________________ <br />39. (F) Others (Must be speafied in wnling):________ <br />4Q SPECIAL ASSESSMENTS shall be paid as tolkwrs: ___ __ <br />41. BUYER AND SELLER SHALL PRORATE AS OF THE D«^qF CUSING r§EUEBWAU PKf ON DATE OF CLOSI^ tf ln«a>inna <br />42. of special assessments certified tor payment with the real estate taxes due and payable in the year of closing. <br />40, buyer shall ass umej T^^LER shall ^AY'yi dale Of dosing al other special assessmanis levied as of die data of daait«. <br />44. BUYER SHALL ASSUME / SELLER SHALL PROVIDE FOR PAYMENT Op'^wlal ass«ssmar«s pendng as of the daa ollhia agraaniere tor <br />46 improvements that have been ordereB~by the Qty Council or olf^ assessing autfiontieSv (Seier s p^^vision tor payment shaX be by paymeni imo <br />46 escrow of 2 times the estimated amount of the assessments, or less as required by Buyer's lender.) <br />47. BUYER SHALL ASSUME^jELL^SHALI^a T^ date of closing'any deferred leal estate taxes Oa Green Acres, etc) or special <br />46 assessments paymeni of which is required as a result of the closing of this Buyer shafl pay real estate taxes due and payable in Ihe <br />49 year following closing and thereafter and any unpaid special assessments payable therewith and thereafter, the payment of which to net <br />5Q cthenvtse provided. <br />51. /to of the dale d this agmemenL Seier represents toal Seier HAS / RiS^OTltedelved a nolioe d hearing tor a new pubic Impnwnert <br />52. project from any governmental assessing authority, the costs of which project may be assessed againsi Ihe property. If a nctice d pendtog <br />S3 special assessmed to issued after the date d this agreement and on or before ttit date d dosing. Buyer shal assume payment d <br />54. ALL /.Non e / OTHER: ___________________________of any such special assessmerts. and Seier shal pnwide tor paymeni on <br />56 date d ctosiog<ffC / ^ON^ OTHER: __________________________________d any such spedal assessments. M such special <br />56 assessments or eserwv arrxxints tor said special assessments as required by Buyers lender shaH exceed ^ Oy tbto <br />57. Purchase Agreement shall be nuil and void al Seiler s option: parties agree lo sign cancellation d Purchase Agreement arxJ aH earnest <br />56 money paid hereunder shall be refunded lo Buyer, unless one or both d the partiet agree* In writing on or before the dale d dosing, lo <br />59. assume, pay. or provide lor the payment d such excess. <br />60 SHtcf and Buyer Initial Senorfs) <br />>/ '• <br />\OMwIl vlfL- _Dale
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