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<br /> F3U�iY�T PURCHASE AGREEM�NT
<br /> coevaNeTio,;a
<br /> " '"� 129. Paga�i Date .��'�lai/2oia
<br /> 13?. Property Eocated 8t a�s9 Casco Point �oaa, oro�zo. DSN 5539i .
<br /> 13i. SUSbIVlSkON OF LAND: If this sals consE�ute�ar requtres a subdlvision of land o�vned by Seller, SelEet shall pay
<br /> 132. at1 su�di�ision expenses and obtain all necassar�gavernrnentai eppra�als.Selior v�arrant;,tMat Ehe legal r,(escription
<br /> t33. of the reaf property to be com�eyed has been or shaEf ba approved tor recor�ng as o(ihe dete o(closing.5eiter s�arrants
<br /> 13A. iha!the bufldfngs ars or Shall be r,onstr�ted entirety within U�e boundary#�nes of the properlq.Selier tivarranis ihat
<br /> 135. there is a rtghi ot access to the{uqperty Irom a publlc right-of-v�ay.These warrantfes s{�a11 survive ihe d9iivery ot the
<br /> 136. deed or caniraCt for deed
<br /> t 37. Ta1ECHANIC'S LIE�iS:Selier warranls It�at prforto the cfas#ng,paymenf in fup iti�lH hsve been mada forail tabor,maie�[als,
<br /> t38. machinery, flxlures or tools turnished ,�Jlh1n 11ie 12o tinys imrnediataEy preced'irig tha cbsing in connectian with
<br /> 439. construction,altarafiqn or r�palr of any structure on,or fmprovemant fo,lhe properiy.
<br /> 14Q. RFO7{CES:Seller viarrants Ehat Sel3or has rtot received any nattce lrom any gavornmental authorfly as to condern�ation
<br /> 141. prcceedings,or vfola#ion o!any fn�a, ordinance or reguEaiion.it!he properiy is subJact lo res3rictive covenants,SeNer
<br /> i 42. warranis that Seller has not recelved any oot[ce firom any person or authOrity as to a breach af the covenants.Any
<br /> 143. such nOtirres recei�ed by SeNer shall be provl8ed t4 8uyer immedlalel}r.
<br /> 144. DIMENSIOPlS:Buyer ecknowledges eny dlmensions,sgvare footago or ecreage�f land or Improvements provitfed
<br /> t45. by Selter, third parly,or broker representing or assisiing Sel3er are approxlmate.Buyer shaq t�arl(y the accutaCy o(
<br /> t4&. intormaiton to Buyer's satistaction,if mAterial,al8uye�'s soke cost and sxpense,
<br /> 947. ACCESS:Se1fe[aqrees to a!lotiv reasonable access ta tho properly for performance oE any survays or inspeotions
<br /> i48. agreed to herein.
<br /> f 49. RkBK OF LOSS: It Ihare is any loss or datnage to the property beisveen the dat��tereo€and the date o[closing tor any
<br /> i 50. reason,incEuding iire, vandallsm,tioad, aarlhquaka or act o}GoB,tha rfsk of loss shail be on Se!ler.!i the praperty
<br /> f 51. is deslroyed ar substantisHy damaged before ths cloefng date,ih3s P�rchese Agreament Is car�eted,at Huysr's op4ion,
<br /> 152_ by�rEttert notice to Seller ar Ilcensee represen�ing a assisting Saller. if 8uyer r.ancels ihis Purchese A�eement,
<br /> 153. &,yer artti Seller sha14 irrtmediately sign a Cance!latlw�ol Aurchase r�greemsnt contlrming sal� canceUation anci
<br /> f 54, dlrecting aN earnos3 money paid here��nder t�be refunderj to 8uyer.
<br /> 155. 71PRE OF ESSENCE:Time is of the es�ence in lhis Purohase Agreement.
<br /> 156. ENTfRE ACR�EMEM'i:This Purchase AgreemenE, Any aitachacl exh{bits and anry ecldertda or arnendments:�igned
<br /> 157. by tha partl�shall con�lilule th�s onllre agreement betv�een Se11er anci 8ir�er and�ipersedes an;I o4he�rxitten or
<br /> 358. orai ac�seements bel�yeen Seller arsd Buyer.7his Pvrchase Agrsemont can be modiEied or canceled only in wriilrn3
<br /> i 59. signed Gp SeHer and Buyar or by apor8lion a!Ia�v.The parties ngree the et�ctrontc slgrtalure at auly p8rlyon any document
<br /> 160, reiated to ihts iransactian constliute vaAd, bir�ding sfgnatures.All monetery sums are deemed to be United 5lates
<br /> 161. currency tor purposes of this Purchase Agreemeni.Buyer ot SeAer may Exi roquired io p�y cerlain cEaslog casts,vlhkh
<br /> t62. may elfecttvely lnereese t�e caash outtay a1 closing or reduce ihe prcceeds irom the sale.
<br /> 163. F(NAL ACCEPZANCfi: Fo be bindlnq,this Purchaso Agroement must be t�lly axeculed by 6oth pat�es and a capy
<br /> EE4, mii,t be delitreCed.
<br /> 16fi. CALCULATION�F DAYS;Any calcula6on oi days begins on the lirst day{celeradar�r Business Days as specitied}
<br /> f 6&. folloanng tha accunence oF the evenl spadfied and includes subaequen[days(caleridar or Business d��s as speclfed}
<br /> 167. erxSir�g at 1 i:59 P.M.on the fast day.
<br /> t38. BUSIN�SS DAYS:"Bus(ness Days"�days�hich are not Sa1�3rdays, Sundays or slata or tederat holtdays un3ess
<br /> �Ss. staled etse�vhhere by the parUes'sn wrfiing,
<br /> t 7U. DEFA�iLT:It Buyer defau�s fn any ot lhe agreements herein,Se�er may cancel this Purchase Agre.�menl, and any
<br /> 171. payments made hereur�er,ineluding earr�esi money,shsEl be reiained by Seller as Ilc{�datecl d�rrrages and Buys�
<br /> 172. ar�l Sellsr sha31 affirm the same by a wrfilen cancelfation agreement.
<br /> 173. 11 Bcryer defaults in any of i�e agreernents hersunder, SelEer may lerminafe this Purchase Agreement under ihe
<br /> 17�. prrnrisfons of MN Statute 559.21.H either 8uyer or Seller defouf�s in any of lhe agre9monts hereunde�or ihere exista
<br /> 175. an unlulfr�ed condition a4tar Ihe datn specifiP,d tor ful{ilfinent,either parbj mey cancel tFtis Puvr,h�:,e AArsar►ient under
<br /> 176. PAN Statuie 559.2i 7,Subd.3.Nlhenever ii is provided herein ihat this Purchass Agreernerrt is canceled,seid languaga
<br /> t 77, shal!be claamed a provislon autharizing a Declaratary Canr,eflation under�1N SSatute 559.217,Subd,4,
<br /> 178. lt this Putci�so Agraernenl Is not cance�e�or terminated as Qravided h8revnder. Buyar or SoRer may soeEc sclual
<br /> t79. damayes for breach of lhl�Pure}ta3e AgreamenE or specilic per(ormarce ot tt�is Purclia�e Agreemenl; and, as to
<br /> 180. spcciStc pert�rmance,such action rnusi be cr�mmenced wiFhin shc(fi)mon;hs aFiBr SUch ri�i af actien srises.
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