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1978-08-03 Land Sale Agreement With Notes
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1978-08-03 Land Sale Agreement With Notes
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12/5/2024 1:59:26 PM
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• ^0lS lltCIltf Mnilr. arul rntrird into fhh.... 26th. ... ...... day of.........May <br />"lO .1^ ,hy andbehvetn,....Rlclmrd Lee Primus and Brent Wm. Primus......................... <br />0 <br />fA <br />N <br />l <br />.‘O <br />I <br />00 <br />> <br />D <br />\ <br />*FE <br />ten of the first /larf, and Hillard..Fm...Gove and Maxjcella. Der........ c <br />s <br />! <br />, part tes of tne second part, j <br />OHtnrMCtb, That the said part of the first part in eon si derat ion of the covenants and a^tre* <br />ments of said part tosof the second part, hereinafter contained, hereby sell and a^ree ta convey <br />unta said part ies of the second part, their heirs and assigns, by a Warranty <br />Deed, accompanied by an abstract evidencing ^ood title in part ies of the tlrst part at the date hereof, <br />or by an oivner^s duplicate certificate of title, upon the prompt and full fterformance by said part iea <br />of the second part, of ... the!C ___of this agreement, the tract of land, lying and being in the <br />County of .......Hennepin.......................and State of Afinnesota, deseribetl as follows, to-wit: <br />I <br />M <br />Tl»e East 175 feet of the West 627 feet of South 283 feet of the Southeast Quarter <br />of the Southwest Quarter of Section 31, Township 118 North, Range .21.West of the <br />Sth Principal Meridian. <br />> S V-»> <br />VVi/I-IkJ (rff <•{ 1 <br />c; o/\/'\ /'• /i/ <br />I <br />And »fiid part iea of tho tfeond part, in consideration of the fmimises, hereby a^ree to pay ttiid | <br />part losef the fir.tt part. H.inr\ea\'0liaf..Hias\e80tA ............................. .... ... ' <br />as and for the purchase prica of said premises, the sum of Fifty-three Thousand and no/100 .. . <br />(53,000. 00)---------------------—-----------—------—-------------—--------------------------------------- .. Dollars, <br />in nir.nncr and at times following, ta-u ’it: ...................................................... <br />$ 3,000.00 (Three Thousand and no/100 Dollars) cash, receipt of which is hereby acknowl <br />edged, and the balance of <br />50,000.00 (Fifty Thousand and no/lUO Dollars) by Contract for Deed in monthly install <br />ments of $366,89 pi r month with interest at the ate of 8Z per annum commenc <br />ing the 1st day of June, 1978, with the first payment the 1st day of July,1978, and on the <br />first day of each month tl»creaftcr until the 1st day of June, 1985, when the entire re <br />maining principal balance shall be due and payable, together with interest. <br />Buyer shall have full prepayment privileges hereunder without penalty. <br />Buyer may not cut any trees on the premises without written permission of Seller. <br />The filing of a Mechanic's Lien remaining of record for more than thirty (30) days shall <br />constitute a default of this contract. <br />The Buyer may not soil or assign their rights in this contract to t!ie subject property with <br />out the written permission of Seller which shall not be unreasonably withheld. <br />* Saiil part....jL(lS u( the second part further covenant and a^icc as ftilluws: lo pay, before penalty attaches thirclu. i <br />all taxes due and payable in the year 19..79* <tnd in suhscqucnl years, a«id all special assessments heretofore or hereafter <br />tevird . . .......................................... ................................................... ....... ......................... ...............
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