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HomeMy WebLinkAboutContract for Deed � � ` ' f C.V. filed_X_C.V. not req. j No delinquent taxes Doc No A10219200 r Current year taxes for whole parcel are paid j Certified, filed and/or recorded on � Transfer Entered Jul 27, 2015 4:16 PM ; i Jul 27, 2015 4:16 PM Office of the County Recorder Hennepin County, Minnesota Hennepin County, Minnesota Martin McCormick, County Recorder Mark Chapin ark Chapin, County Auditor and Treasurer ` County Auditor and Treasurer De ut 81 p Y Pkg ID 1272148C � Document R ording Fee $46.00 � Document T tal $46.00 ' PID(s) � 06-117-23-12-0007 � � � • 1(1/1�l I � � S���412'i✓ C�YI��'�" � �dt � � � � i ; r f This cover sheet is now a permanent part of th recorded document. � � ,, , , . i � f i i � v ' � f 7f t . . � f � � r (Top 3 Inches reserved for recording data) � CONTRACT FOR DEED Minnesota Unlform Conveyancing Slanks ' by Indiyidual(s) Form 30.1.1(Z006) ,: � ; DATE; July �� ,2oi 5 �I�U ���Z�� (ma�Nl�day/year) THIS CONTRACT FOR DEED(the`Contract")is made on the above date by Gregory C.Whlte and Lynn M.White also known as (Insaf name sndma�dal s(alus cJeach SellerJ U Lynn H.White,husband and wife ("Seller"), and Todd G.Sylvester and Lisa M.Sylvester i: . pnsen name o/each PuzheserJ � ,("Purchase►�). (Checkboxll��olntcenancy.) Seller and Purchaser agree to the following terms: 1, Propert}r Description. Seller hereby sells and Purchaser hereby buys real prope�ty fn Hennepin r County,Minnesota,descrlbed as follows; � f See Exhibit A attached hereto. E F • t i t i Check here!la//orpart ofthe descrlbed real property/s Reglstered(Torrens) ❑ � together with all herediiaments and appurtenances belonging thereto(the"Property'�. Unless otherwise specified,Seller hereby delivers possession of the Property to Purchaser on the date hereof. � ' Check appOcable box.� ■ The Seller ce�tifles that the Seller does not know of ' any wel�s on lhe described real property. ❑ A well disclosure ce�tiflcate accompanles this document. ❑ I am familiar with the property described In this instrument and i certify that fhe status and number o(wells on the described real property have not changed since the last previously filed well disclosure cerli(icate. ' ��r {���J7��CF- �", P�ye,ors � . , I I Page 2 of 6 Minnesofa Uniform Conveyancing Blanks Form 30.1,1 G � 2. Title, Seller warrants that title to the Property is,on the data of thls Co lract,subJect only to the following exceptions; 6 (a) Covenants,cond(tlons,restr(ctions(without effective forfelture pro isions)and deciaratlons of record,if any; i (b) Reservatfon of minerals or mfneral rights by the Siate of Minnesot ,If any; � (c) Utllity and drainage easements which do not Intertere with presen Improvements; � � (d) Applicable laws,ordinances,and regulations; � (e) 7he lien of real estate taxes and instaliments of speclal assessme ts which are payable by Purchaser pursuant to.paragraph 6 of this Contract;and � (� The following Ilens or encumbrances; � Highway Plat flled as Document No.9206517. I Other easemants of record. � k, 3, Delivery of Deed and Evidence of Title. Upon Purchaser's full perfo ance of this Contract,Seller shall; � (a) Execute,acknowledge,and deliver to Purchaser a Warrant � Deed,In recordable form,conveying marketable title to the Property to Purchaser,sub)ect only to the following xceptions: �. {i) Those exceptions referred to in paragraph 2(a),{b},(c),(d,and(e)of this ConUact; ; f ii) Liens,encumbrances,adve�se claims or other matters whi h Purchaser has created,suHered or permifled to accrue k after tha date of fhis Contract;and {ifi) The tollowing Ilens or encumbrances: Hfghway Plat ffled as Document No.9206517. � � Other easements of record. � � ' (b) Deliver to Purchaser the abstract of tlQe to the Property,wlthout fu her extension,to the extent requlred by the purchase t agreement(if any)between Seller and Purchaser. � 4, Purchase Price. Purchaser shall pay to Seller at address desl nate b Selier irom time to time € the sum of four hundred ten thousand and Nol100 Doilars � ($410,000.00 ),as and for the purchase prica(the"Purc ase Prlce")for the Property,payable as follows: x u $205,000.00 The down payment paid on the date hereof;and � � $205,000.00 The balance,togeiher with Interest thereon at the annual r te of 4.75%,payable in monthly installments of � principal and(nterest in the amount of$1;324.76,on or before the first day f each month commencing August 1,2015,and on � the flrst day of each month thereafter until February 26,2016,when the en re principal balance and ail accrued interesi shall be due and payable in full. THIS IS A BALLOON PAYMENT. € � p � k 5. Prepayment. Unless othervvise provided fn this Contract,Purchaser s ali have the right to fully or partially prepay this Contract at ; any time without penalty. Any pa�ial prepayment shall be applied first io payment oi amounts then due under this Contract,including unpaid accrued Interest,and the balance shall be appifed to the prfncfpal installments to paid in the inverse order of their maturity, Partial ' prepayment shall not posfpone the due date of the Installments to be paid pursua t to thls Contract or change the amount of such instalimenis, � r fF f/ B � � . � � , - � , ' � Page 3 of 6 Minnesola Unf(orm Conveyandng Blanks Form 30.1,1 � i i 6, Real Estate Taices and Assessments. Real estate taxes and instaliments of speclal assessments which are due and payable in d the year in which this Contract Is deted shall be paid as follows: ; j Taxes and installments of speclal assessments,If any,due and payable In 2015 shall be prorated as of the date of closing. � Taxes end installments of speclal assessments payable In 2016 and thereafter shall be pald by Purchaser. � Purchaser shall pay,beiore penalty accrues,all real estate taxes and Installments of special assessments assessed against the Property � which are due and payable in all subsequeni years. Seller warrants that the real estaie taxes and installments of speciai assessmenls which � were due and payable in the years preceding the year(n which thls Contract is dated are paid in full. If the Prope�ty fs subject to a recorded t deciaration providing for assessments to be levied against lhe Property by any owners'association,Purchaser shall promplly pay,when due, ; all assessments imposed by the owriers'association or other governing body as requlred by the provisions oi the declaration orother related � documenls, : 7. Property Insurance. � (a) Insured Risks and Amounts, Purchaser shall keep ail buildings,improvements,and fixtures now ar later located on or a part of � the P�operty insured agafnst loss by fire,Ilghlning and such other perils as are included in a standartl"ali-risk"endorsement,and against loss or damage by all oiher risks and hazards covered by a standard extended coverage insurance policy,including,without � limitation,vandalism,malicious mischief,burglary,theft and,if applicable,s(eam boiler expiosion. Such insurance shall be ln an � amount no less lhan the full replacement cost of the bulldings,improvemenis,and fixtures,without deduction for physical depreciation. If any of ihe buildings,improvements,or ilxtures are located in a federally dasignated ilood prone area,and if flood insurance is i available for that area,Purchaser shall procure and maintain flood insurance In amounts reasonably satisfactory to Seller. i. (b) Other rms. The insurance policy shall contaln a loss payable clause in favor of Seller which provides ihat Sellers right to ` recover under the insurance shall not be impaired by any acts or omisslons of Purchaser or Seller,and that Seiler shall otherwise be �. ' afforded all rights and privileges customarlly provided a mortgagee under the so-called standard mortgage clause. � 4 (c) Notice of Damaqe, In the event of damage to the Property by fire or other casualty,Purchaser shall prornptly give notice of � such damage to Seller and the insurance company. R � 8. Damage to the Property. � (a) Aonlication of Insurance Proceeds. If the Property is damaged by fire or other casualry,the insurance proceeds paid on � r account of such damage shall be applied to payment of the amounts payable by Purchaser under this Conlract,even If such amounts � � are not lhen due to be paid,unless Purchaser makes a permitted election described in the next paragraph, Such amounts shall be first � applied to unpaid accrued interest and next to the instaliments to be paid as provided in ihis Contract in the Inverse order of their � maturity. Such payment shali not postpone the due date of the Installments to be pafd pursuant to(his Contract or change the amount of such installments. The balance of insurance proceeds,if any,shall be the property of Purchaser. : (b) Purchaser's Election to Rebuild. If Purchaser is not in default under this Contract,or after curing any such default,and if the � mortgagees in any prior mortgages and sellers in any prior contracts for deed do not require otherwise,Purchaser may elect to have t that portion of such insurance proceeds necessary to repalr,replace,or restore the damaged Prope�ty(the"Repafrs")deposited in escrow with a bank or Gtle Insurance company qualified to do buslness in the State of Minnesota,or such other parry as may be mutually agreeable to Seller and Purchaser. The electlon may only be made by wr(tten notice to Seller within slxty(60)days after ihe damage occurs. Also,ihe election will only be permltted if the plans and speciflcations and coniracts for the Repairs are approved by Seller,which approval Seller shall not unreasonably withhold or delay. if such a permitted election fs made by Purchaser,Seller and Purchaser shall jofntly deposit,when paid,such insurance proceeds Into such escrow. If such insurance proceeds are insu�cient for the Repalrs,Purchaser shall,before the commencement of the Repairs,deposit Into such escrow sufficient additional money to insure the full payment for the Repairs. Even if the lnsurance proceeds are unavailable or are insu�icient to pay the cost of the Repafrs, ` Purchaser shall at all times be responsible to pay ihe full cost of the Repairs, All escrowed funds shall be disbursed by the escrowee in accordance with generally acceptetl sound construction disbursement procedures. The costs incurred or to be incurred on account of such escrow shall be deposlied by Purchaser into such escrow before the commencement of the Repairs. Purchasar shall complete Ihe Repafrs as soon as reasonably possible and in a good and workmanlike manner,and in any event the Repairs shail be completed � � Page A of 6 Minnesola Unlform Conveyancing Blanks Form 30.1.1 E � by Purchaser within ona(1)year after the damage occurs. Ii,following th completlon of and payment for the Repairs,there remalns � any undisbursed escrow funds,such funds shall be applletl to payment of e amounts payable by Purchaser under this Contract in � accordance w(th paragraph 8(a)above, � (c) Owners'Assoc(ation, If ihe Property is subJect to a recorded deci ration,so long as the owners'assocfation maintains a � master or blanket policy of insurance against flre,exlended coverage peril and such other hazards and in such amount as are ; j requlred by this Contract,then:(i)Purchaser's obligatlon in ihe Contract to malntaln hazard insurance coverage on the Property is € satisfiad;(ii)the provisions of paragraph S(a)of this Contract regarding ap icatlon of insurance proceeds shall be superseded by the � provislons ot the declaration or oiher related documents;and(iii)in ihe ev t of a distribu�on of insurance proceeds fn fleu of � restoration or repair following an insured casualty loss to the Property,any uch proceeds payable to Purchaser are hereby,assigned � and shall be paid to Seller for application to the sum secured by this Contr t,with tha excess,If any,paid to Purchaser, f � 9, InJury or Damage Occurring on the Property. (a) Liabili , Seller shall be free from liabllity and ciaims for damages y reason of injuries occumng on or aRer the date of this �. ConUact to any person or pe�sons or property while on or about the Prope , Purchaser shall defend and indemni(y Seiler from all E Ilability,loss,cost,and obligations,including reasonable attorneys'fees,o account of or a�ising out of any such inJuries. However, Purchaser shall have�o liabillty or obligatlon to Selier for such injurles whi are caused by the negligence or Intentional wrongtul acts � or omissfons of Seller. (b) Liability Insurance. Purchaser shall,at Purchaser's own expense, rocure and maintain Ilability Insurance against claims for bodily injury,death and property damage occurring on or about the Prapert In amounts reasonably satisfactory to Seller and naming ; Seller as an addltfonal insured. ; 10, Insurance Generally, The insurance which Purchaser is required to rocure and maintain pursuanl to paragraphs 7 and 9 of this ¢ Contract shall be issued by an insurance company or companies Ifcensed to do bu iness in the State of Minnesota and acceptable to Saller. , The insurance shail be malniained by Purchaser at all times while any amount rem ins unpafd under this Contract.The Insurance polfcles shall provide tor not less than ten(10)days writfen notice to Saller before cancellation, on-renewal,termination or change In coverage,and Purchaser shall deliver to Seller a duplicate original or certiflcate of such insurance policy or policies, ` + 11. Condemnatlon. If all or any pa►t of the Property is taken in condemn ion proceedings instituted under power of eminent domaln ` or Is conveyed in Ileu thereof under threat of condemnation,the money paid pursu t to such condemnation or conveyance in lieu thereof shall be applied to payment of the amounts payable by Purchaser under this�Contract,e en ff such amounts are not then due to be paid, Such z amounts shall be applled in the same manner as a prepayment as provided in par raph 5 of lhis Contract. Such payments shall not postpone " the due date of the instaliments to be paid pursuant to this Contract or change the mount of such installments. The balance,if any,shall be the property of Purchaser. 12. Waste,Repair,and Llens. Purchaser shall not remove ar demolish a y buildings,(mprovements,or fixtures now or later located on or a part of the Property,nor shall Purchaser commit or allow waste of ihe Prop rty, Purchaser shall maintain the Property in good cond(iion and repair, Purchaser shall not create or permit to accrue ilens or advers clalms against the Property which constitute a lien or claim against Sellers interest In the Property, Purchaser shall pay to Seller all am nts,costs and expenses,including reasonabls attorneys' fees,incurred by Seller to remove any such Ilens or adverse claims. 13. Compllance with Laws, Except for matters which Seller has created, uffered,or permitted to exist prlor to the date of ihis i Contract,Purchaser shall comply or cause compliance with all laws and regulation of any governmental author(ty which affect the Property o� the manner of using or operating lhe same,and with all restrictive covenanls,lf any affecting title to the Property or the use thereof. 14. Recording of Contract;Deed Tax. Purchaser shali,at Purchaser's e pense,record this Contract in the Offlce of the County Recorder or Registrar of Titles in the county in which the Prope�ty is located within ur(4)months after the date hereof,Purchaser shall pay any penalty(mposed under Minn,Stat,507,235 tor failure to 8mely record the Cont ct. Seller shall,upon Purchase�'s full performance of ihis Contract,pay the deed tax due upon ihe recording o(the deed to be delivered by S Iler, � r � . f ' � 1 , , � I � . � Page 5 of 6 Mlnnesota Uniform Conveyancing Blanks Form 30.1.1 � t 15, Notice of Assignment, If either Seller or Purchaser assigns its inierest in the Property,the assigning party shall promptly fumish � a copy of such assignment to fhe non-assigning pa�ty. t � 16, Protection of Interests. If Purchaser falls to pay any sum of money requlred under the terms of ihls Contract or falls to perform � any of the Purchaser's obligations as set(orth In this Contract,Seller may,at Seller's opilon,pay the same or cause the same to be performed, or both,and the amounts sfl paid by Seller and the cost of such performance shall be payable at once,wilh Interest at the rate stated In � s paragraph 4 of this Contract,as an additional amount due Seller under this Contract, If there now exlsts,or if Seller hereafter creates,suffers � or permits to accrue,any mortgage,contract for deed,Ilen or encumbrance against the Property which is not herein expressly assumed by Purchaser,and provided Purchaser is not In defau(t under thls Contract,Seller shall Bmely pay all amounts due therean,and if Seller fails to do . � so,Purchaser may,at Purchasers option,pay any such delinquent amounts or take any actions reasonably necessary to cure defaults there � > under and deduct the amounts so paitl together with interest at the rate provided in this Contract from the payments next coming due under this Contract, ' f j 17. Defaults and Remedies. The time of performance by Purchaser of the terms of th(s Contract is an essential pari of this Contract. ; if Purchaser falls to timely perform any term of this Contract,5elier may,at Sellet's opiion,elect to declare this Contract cancelled and terminated by notice to Purchaser in accordance wlth applicable law or elect any other remedy avallable at law or in equity, Ii Seller elects to ` t termfnate this Contract,all right,title,and interest acquired under lhls Contract by Purchaser shall then ceasa and terminate,and all improvements made upon the Property and all payments matle by Purchaser pursuant to this Contract(fnclutling escrow payments,if any) i shall belong to Seller as liquidated damages for breach of this Contract, Nelther the exlension of Ehe time for payment of any sum of money to be paid hereunder nor any wa(ver by Seller of Seller's rlghts to declare this Contract forfeited by reason of any breach shall in any manner affect Seller's right to cancel this Coniract because of defaults subsequently occurring,and no extenslon of lime shall be valid unless agreed to in writing. After service of notice of default and failure to cure such default within the period allowed by law,Purchaser shall,upon demand, E surrender possession of the Property to Seller,but Purchaser shall be entitled to possession of the Property until the expiration of such period. I Failure by Seller to exercise one or more remedies available under this paragraph 17 shall not constitute a waiver of the right to exercise such remedy or remedies therea(ter, 18. Binding Effect. The terms of ihls Contract shall run wlih the land and bind the partles hereto and the successors in Inlerest. '' � 19. Headings. Headings of the paragraphs of this Coniract are for convenience only and do not deMa,limit,or construe the contents 01 such paragraphs, ' 20.Add(tfonal Terms: Check here fl�an addendum to this Conlract conta/ning addiliona/terms end conditions is attached he�eto. � Seller //�/ Purchaser � �/ _ �� /1� � /��-/_�•� . '��i/ �/ L.. � . (�ynerw�)Gregory C. ite �S�"e���Todd G.Sylv er � �.,.� i"1� ►�`-�-�.,-t-�.; � � (slgna�we)Lynn t�. hite a/k/a Lynn M.White �5 B�Lisa M.Sylvester . � , � � . @ � � . � � Page 6 of 6 Minnesota Uniform Conveyandng B�anks Form 30.1.1 � � i State of Minnesota,Countyof Hennepin f f � This instrument was acknowledged before me on �ul ��' ,2015 by � (m�onN�day/yea�) � Gregory C.White and Lynn M.White also known as Lynn H.Whlte, husba d and wlfe � pnscvt neme and madtalslafus olea S�Uer) ? � . ` � t (Seal,flany) ��� ' ` �, ��� j'�'i ���! �,,.�•' ', : ; (slgrtatwe notanal wlker) r '�``'i'f MICHELLE LYNN DRONECK �tee(ana ank): �`�C' ����—�t�`` ' �� . .�,� ; 3 � Notary Public-Minnesota 1 z �i1�,�� My Commisslon Explrae Jan 31,2ozo My comm slon explres: �� �i { �'yC% ��� ` ........-i r' ( Ndayh'��) f f i � State of�s°se9�`af�-a,Counry of��P " , ; This instrument was acknowledged before me on �uly�,20�5�� g�) �by --���,�t_���5�,�a„� ���M��v-�'� Todd G.Sylvester end Lisa M.Sylvester ',l, (�ty1.(_' �(�f'LC (.�1'�, ' pnse�name o/each Pcvchaser) Y � i .�°'�`"""'' R�,CF-�EL BOWTSIKARIS govrs�'�, Seal,I ° ,,.�dZ,�.. � , I�'�ary aubilc j 'V'NpTARlql�p=_for the State of Montana ��e�� ���e�o��y� � =°g� —•— Residing at: � ;�.SEA1.:=Q;= Big Sky, Montana Tiue(and ank): � ' ' ',,9�• P; My Commission Expires: i: '��,�M��� March 20,2019 Mycommi sfonexpires: C�'31��,��, (monU✓day/yeai) � F THIS INSTRUMENT WAS DRAFTED BY; TAX STA EMENTS FOR THE REAL PROPERTY DESCRIBED IN 7HIS ����8�8�� INSTRU ENT SHOUID BE SENT T0: ' � (lase�nam and add�ess oI Granfee to wfiam faxslalementssl�oWd be sentJ John B.Winston Todd G Sylvester and Llsa M.Sylvesier Wlnston Law Office 4245 B YSIDE RD 815 Wayzata Blvd.East MAPLE PLAIN,MN 55359 Wayzata, MN 55391 P, 'v j c—►�e �[ C . � 1� � . ct���L�fi�e.. U3s ���vicC� �d. . � (�. �(�c-�� ,�C�v S��S�, r � I t 1 k Note; Failure to record ihis contract for deed may glve other partles pr rity over Purchaser's Interest In the property, � � � � • t � 1 � . � 1 4 CONTRAC7 fOR DEED ADDENDUM Minnesota Uniform Conveyancing Blanks � � Form 30.2.1(2006) � E THIS CONTRACT FOR DEED ADDENDUM(lhis uAddendum")Is attached to and made a pa�t of that certafn Contract for Deed dated ; July� ,2015 between Gregory C.Whfte and Lynn M.Whiie aiso known as I (monU✓dey/}'ear) Onseitname ofSe!ler) k Lynn H.White,husband and w(fe ,as("Seller"), and Todd G.Sylvester and Lisa M.Sylvester ,as("Purchase�"). ; (lnseR name a/Rrchaser) { i The terms and conditions contalned in the Addendum shall supersede any contlicting provisions contalned in thls Contract, Unless defined in � thls Addendum,all capitalized terms have the same meaning es in the Coniract. Only those provislons checked In the"Yes"column,below, shall be included and be part of this Addendum, � Yes No ` E ■ ❑ A. Late Payment Fee, If any payment is not received by Seller w(thin flfteen(15)days of the date when due,Purchaser e shall additionally pay to Seller,to ihe extent allowed by law,a late charge of four percent(4%)of the amount of the del)nquent payment, ■ ❑ B. Transfer Restrictians. Purchaser may not sell,assign,or otherwise transfer Purchasers interest in this Contract,or the � Property,or any part thereof,or if Purchaser is an entity,the controlling interest in Purchaser may not be Iransferred wilhout the written consent of Seller,whlch consent; � (checxonyone nu�l ■ shall be granted or withheld in the sole discreQon of Seller, t ❑ shall not be unreasonably withheld,or delayed by Seller. j ❑ ■ C. Escrows. In Addition to tha monihly payments of princlpal and interest,Purchaser shall deposit with Seller,with each i payment,an amount representfng one-twelfth(1112)of the annual real estate taxes,installments of speclal assessments,and Insurance premiums with respect to the Property(or such other amount as Seller is required to deposlt under any underlying encumbrance on the Property). The amount of such taxes,speciai assessments,and fnsurance premiums,when unknown, � � shall be estimated by Seller, Such deposit shall be used by Seller to pay reai estate taxes,instaliments of special assessments,and insurance premiums wilh respect to the Property when due, II Seller fails to do s�,Purchaser may,at , Purchasers option,pay any such delinquent amounts and deduct the amounts so paid from payments next coming due under this Contract, If the balance deposited with Seller is insufficient to pay such real estate taxes,special assessments and � insurance premiums when due,Purchaser shall pay the deficiency to Seller upon written demand. ■ ❑ D. Property Improvements. Except for work reasonably necessary to permit Purchaser to comply with Purchasers � � obligations under this Contract,Purchaser shall not hire or perform any repairs or improvements to or replacemenis of the Property having an aggregate cost 1n excess of Ftve Thousand and No/100 Dollars($ 5,000.00 )without securing the prior written consent of the Seller. Purchaser will not cause or permit any mechanics'liens io be recordad agalnst the Property, Purchaser agrees to defend,Indemnify,and hold Seller harmless from any loss,damage,or expense Incurred by Sefler with respect to any party j asseriing a mechanics'lien clafm,it being understood and agreed that this undertaking shall survive cancellation of ihis ` Contract or the de�ivery of a deed pursuant to the terms hereof. ■ ❑ E. Hazardous Substances. Purchaser shall not bring,store,generate,or treat hazardous wastes or substances or petroleum products upon the Property,except for smail quantities which are stored and used in compllance with applicable � law. Purchaser hereby agrees to indemnity,defend and hold Seller harmless from any and all claims,demands,a�tions, causes of actlon,liabllitfes or rights which may be asserted against Seller wilh respect to such substances,or products,it being underslood and agreed that this obligatlon will survive the cancellation of this Contract or the delivery of a deed pursuant to the terms hereof, ' Note; This document must be attached to a contract for deed and cannot be independently recorded. Page 10(2 i ! , . � , , ,• . Page 2 of 2 Minnesota UniForm Conveyancing Blanks Form 30;2,1 � ■ ❑ F. Alternative Acceleration Remedy. If Purchaser fails to fime perform any term of lhis Contract,Seller may elect,on ; thirty(30)days writlen noilce g(ven to Purchaser,to declare the e tfre unpaid Purchase Price,together wilh accrued interest f thereon,Immadiately due and payable in full and c�mmence an a tion agalnst Purchaser to collect all am�unts due hereunder. � Purchaser shall have the dght to relnstate this Contract at any qm before entry of flnai judgment against Purchaser for ` amounts due hereunder if Purchaser:(i)pays Seller all sums due ereunder as of the date of reinstatement;(li)cures any � � ' other defaults exisNng under this Contract as of the date of reinst ement;and(ili)pays all expenses incurred by Seller in � enforcing this Contract,including,but not ilmited to,reasonable a rneys'fees and costs. Seller shall deiiver ihe deed for ihe � � Property In the manner required by paragraph 3 of this ConUact en all amounts due hereunder have been paid, � 1 ❑ ■ G. Nonrecourse Obligation. Noiwithstanding any other provisi contained In thls Contract to the c�ntrary,if Purchaser ; defaulls in Purchaser's performance of this Contract,Seller's sole emedy shall be ta cancel this Contract in accordance wlth ' Minn.Skat.559,21,as the same may from tlme to time be amende , Seiler spacifically waives any right it may have to $ commence an action for the speci8c performance of this Contract r any right it may have to seek an award of damages x r. against Purchaser, � � ■ ❑ H. Add(tlonal Provisions. � � � � � Upon Purchaser's Default,Seller may require the esc ows provided for In paragraph C above. F t ' II � � I � I � ' € ; � �I € � � I � . � I � II � j Note: This document must be attached to a contract(or deed a d cannot be independently recorded, f � � �� { . . , i . ' � E � EXHIBIT"A" . � Legal Description � File No. 15-07260 � That part of the West half of the Northeast�uarter of Sectlon 6,7ownshfp 117 North, Range 23 . � West of the 5�h Principal Meridian lying southerly of the centerline of Bayside Road, northerly of ' � ----- — ---- °Une A,"sald"Line A"-being described-as follows: Commencing at.the_Southeast corner_of_sald. ._ . j West Half of the Northeast Quarter;thence north along the East line of said West half a distance . � of 1167.98 feet to the point of beginning of sald"Line A";thence west perpend(cular to sald East � Iine a distance of 427.00 feet to"Point A"and said"Line A"there ending,and lying easterly of a. � 3 line described as beginning at safd "Polnt A";thence northeasterly deflecting rlght 108 degrees 46 ; minutes 10 seconds when measured from west to north from the prolongation of said"Line A"a -' � . distance of 693,17 feet, more or less,to the centerline of Bayside Road, and said line there ending. � � Records of Hennepin County, MN. � t Abstract Property., ' j' ; � � P k • i � � � � � � � � � 1 t F i � � . . . � ;: t � 1 ' C.V.filed_X_C.V.not req. � IIIII IIII IIIII IIIII IIIII IIIII IIIII IIIII IIIII IIII IIII No delinquent taxes Doc No A10219199 Current year taxes for whole parcei are paid Transfer Entered Certified,filed and/or recorded on Jul 27,2015 4:16 PM Jul 27,2015 4:16 PM Office of the County Recorder Hennepin County,Minnesota Hennepin County,Minnesota Martin McCormick,County Recorder Mark Chapin rk Chapin, County Auditor and Treasurer County Auditor and Treasurer Deputy 81 Pkg ID 1272148C Conservation ee $5.00 Document R ording Fee $46.00 Environmenta Response Fund(SDT.0001) $38.50 State Deed T (.0033 rate) $1,270.50 DocumentT tal $1,360.00 PID(s) 06-'117-23-12-0007 ���` � � ��� � � �J�� This cover sheet is now a permanent part of th recorded document. orm No.5-M—Wartanty Deetl Minnesota Uniform Conveyancing Blanks(8/1797) • - ' Intlividual(s)to Joint Tenants � No delinquent taxes and transfer entered;Certificate of Real Estate Value( )filed( )not requited Certificate of Real Estate Value No. Date County Auditor By Deputy eCRV number. ������ ��`I 9 (reserved fir recoMing data) DEED TAX DUE: $ I=���.L��C�� , Date:J�—=:� �� u��L(, '�;i�j y�l� l.l�,: FOR VALUABLE CONSIDERATION, Gregorv C.White,a/k/a Gregory White and Lvnn M.White.a/k/a Lynn H. White,a/k/a Lvnn White, married to each other Grantor(s),hereby conveys and warrants to Steven C. White and Patricia L.H.White Grantees,as joint tenants, real property in Henneoin County, Minnesota,described as follows: See Exhibk A attached hereto PID: �.�1[• � �I � ' �'��- � � � �XIC.-� together with all hereditaments and appurtenances belonging thereto,subject to the following exceptions: Building and zoning laws,ordinances,state and federal regulations;Restrictions relating to use or improvement of the property without effective forteiture provisions;Reservation of any mineral rights by the State of Minnesota; Utility and drainage easements which do not interfere with existing improvements. Check box if applicable: ❑z The Seller certifies that the seller does not know of any wells on the described real property. ❑ A weli disclosure certificate accompanies this document or has been electronicaliy filed. (if electronically filed, insert WDC number: .) ❑ 1 am familiar with the property described in this instrument and I certify that the status and number of welis on the described property have not changed since the last previously filed well disclosure certificate. 9^�'�}�r��'�/G2�/���� , i Gr ory C. hite Affix Deed Tax Stamp Here ` S, `- `#� Lynn N�. ite STATE OF MINNESOTA ) )ss. COUNTY OF HENNEPIN 1 This instrument was acknowledged before me on ,��1�� ( (` '3" t � by Greaorv C.White,a/k/a Greqory White and Lynn M.White a/k/a Lvnn H White a!k/a Lvnn White married to each other � � ' '� ��l'�'�����_! Signature of Notary Public or other Official NOTARIAL STAMP OR SEAL(OR OTNER TITLE OR RANI� Check here if part or all of the land is Registered(forre�s) [ ] 3 - MICHELLE LYNN DRONECK Tau Statements forthe real property descnbed in this instrument shoultl be sent to N Publio-Minnesota (InGude name end address of Granteej: ' °�' Grantees: ���a " My Canmpalan E�Iree Jen 31,wxo Steven C.White Patricia L.H.White 4375 Bayside Road Maple Plain,MN 55359 THIS INSTRUMENT WAS DRAFTED BY(NAME AND ADDRESS) Burnet Title (rev.7/12/13) 5151 Edina Industrial Boulevard,Suite 500 Edina,MN 55439 File#15-07264 RETURN TO: Production#520389 g�RNET T9TL, EXHIBIT"A" Legal Description File No. 15-0726 That part of the West half of the Northeast Quarter of Se on 6,Township 117 North,Range 23 West of the 5�'Principal Meridian lying northerly of the ce erline of Bayside Road and easterly of the following described line:Commencing at the Northwes comer of the Northeast Quarter of said Section 6;thence on an assumed bearing of East alo g the North line of said NoRheast Quarter a distance of 1104.00 feet to the point of beginnin of the line being described;thence South 22 degrees 30 minutes West a distance of 1280.00 eet and said line there ending. Records of Hennepin County,MN. AbsVact Property. I