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Page 2 of 2 Minnesota Uniform Conveyancing Blanks Form 30;2, 1 <br />■ □ F. Alternative Acceleration Remedy. If Purchaser fails to timely perform any term of this Contract, Seller may elect, on <br />thirty (30) days written notice given to Purchaser, to declare the entire unpaid Purchase Price, together with accrued interest <br />thereon, Immediately due and payable in full and commence an action against Purchaser to collect all amounts due hereunder. <br />Purchaser shall have the right to reinstate this Contract at any time before entry of final judgment against Purchaser for <br />amounts due hereunder if Purchaser: (I) pays Seller all sums due hereunder as of the date of reinstatement; (II) cures any <br />other defaults existing under this Contract as of the date of reinstatement; and (Ill) pays all expenses Incurred by Seller in <br />enforcing this Contract, including, but not limited to, reasonable attorneys' fees and costs. Seller shall deliver the deed for the <br />Property In the manner required by paragraph 3 of this Contract when all amounts due hereunder have been paid. <br />□ ■ G. Nonrecourse Obligation. Notwithstanding any other provision contained In this Contract to the contrary, If Purchaser <br />defaults In Purchaser's performance of this Contract, Seller's sole remedy shall be to cancel this Contract in accordance with <br />Minn. Stat. 559.21, as the same may from time to time be amended. Seller specifically waives any right it may have to <br />commence an action for the specific performance of this Contract or any right it may have to seek an award of damages <br />against Purchaser. <br />■ □ H. Additional Provisions. <br />Upon Purchaser's Default, Seller may require the escrows provided for In paragraph C above. <br />Note: This document must be attached lo a contract for deed and cannot be Independently recorded,