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, <br /> LAND TTI"LE,INC. <br /> i9oo s��«r.�xo�a <br /> s,ux Zoo <br /> New Brightan,MN 55112 <br /> (651)638-1900•Fax(651)638-1994 <br /> ESCROW AGREEMENT <br /> FII,E NO.: 402986 <br /> DATE: 5lZ3/1013 <br /> PROPERTY ADDRESS: 80 Luce Line Ridge <br /> It is haeby agreed by Zde,nko Grajcar and Katffiina Grajcarova,Buyers,of said properiy,that the following <br /> sum w71 be held'm escaow for complotion of the following it�s of cons�uction on said property <br /> II$l!� ESTIIvfATED COST AMOLJNT HELD <br /> Septic upgrade a16.989.00 Sl$,688.00 <br /> Total Held in F,scsow 518,688.00 <br /> It is undeistood and agrad that g��8 will complde the above ibr�s before August,23,2013.Buyers <br /> will notify I.and TiUq Inc.and give wripxm proof fram tbe City of Orono that the septic is code cwa�pliant <br /> Buyers agree to cwmplabe the above ite�s p�o�ptiy and in a good and worl�anl�lce manner and to pay the <br /> necessary additional fimds to e:omplete these ibtms. In Uie eveat Buyras and the City of Orono caanot agree <br /> on acxptable complation and diabiusem�t of fimds,I.and Titlq Inc.will contmne to hold fimds imtil such <br /> agreemmt is reachad or it has received a 5nal order&om a cowt of competwt j�isdiction. <br /> It is also ageed that an escaow fee of 550.00 will be charged for this s�vice. Land Title,Inc.hereby agees <br /> bo hold the above fimds m their aon-mbarost-bearmg trast accoimt and p�fmm axording to the above <br /> torms. <br /> It is agreed that after paymeat of the above ibema,the balaace of fimds m ascrow shall be paid to Zdenko � <br /> Grajcar and Katarma Gxajcarova. � <br /> �,�'� <br /> I �� <br /> (BuYers) <br /> L,sud Titiq Iac.hereby acimowledgas receipt of S 18,688.00 to be held payment of w in accordance <br /> with above ement <br /> . B �" � �' > <br /> Mary ell 651-6 7-61 <br /> S <br />