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PURCHASE AGREEMENT: VACANT LAND(RESIDENTIAL) This form approved by the Minnesota Association of REALTORS°, which disclaims any liability arising out of use or misuse of this form. ©2014 Minnesota Association of REA RS®,Edina,MN 1. Date ' 2. Page 1 of 3. BUYER(S): Boulder Contracting LLC 4. 5. Buyer's earnest money in the amount of 6 Five Hundred Dollars ($ 500.00 ) shall 7, be delivered to listing broker no later than two (2) Business Days after Final Acceptance Date of this Purchase 8. Agreement. Buyer and Seller agree that listing broker shall deposit any earnest money in the listing broker's trust 9. account within three (3) Business Days of receipt of the earnest money or Final Acceptance Date of this Purchase 10. Agreement,whichever is later. 11. Said earnest money is part payment for the purchase of the property located at 12. Street Address: 7212 Mill Road 13. City of Centerville , County of Anoka State of Minnesota,legally 14. described as PETERSONS OLD HOMESTEAD ADDITION LOT 4 BLR 2 PETERSONS OLD HOMESTEAD 15. ADD(SUBJ TO EASE AS SHOWN ON PLAT) 16. 17. including all fixtures, if any,AND❑INCLUDING❑EXCLUDING the following personal property,if any,which shall 18. be transferred with no additional monetary value, and free and clear of all liens and encumbrances: 19. 20. (collectively the"Property"), 21. all of which Property Seller has this day agreed to sell to Buyer for the sum of($ 45,000.00 ) 22. 23 Forty-Five Thousand Dollars, 24. which Buyer agrees to pay in the following manner: 25. 1. CASH of loo percent(°lo)of the sale price,or more in Buyer's sole discretion,which includes the eamest 26. money;PLUS 27. 2. FINANCING of percent (%) of the sale price, which will be the total amount secured against this 28. Property to fund this purchase. 29. Such financing shall be ❑ a first mortgage ❑ contract for deed or ❑ a first mortgage with subordinate -(Cherie one.}- ------ 30. financing,as described in the attached Addendum 31. ❑Conventional❑FHA❑DVA❑Assumption❑Contract for Deed❑Other- --- (Chea all mat Ap1*J--------- 32. 33. The date of dosing shall be MAY a4 )20 15 34. This Purchase Agreement❑IS a IS NOT subject to an Addendum to Purchase Agreement:Sale of Buyer's Property --(Check 35_ Contingency.(If answer is IS,see attached Addendum.) (If answer is IS NOT,the closing of Buyers property,if any, 36. may still affect Buyer's ability to obtain financing,if financing is applicable.) 37. This Purchase Agreement❑IS M IS NOT subject to cancellation of a previously written purchase agreement dated --(Checar 38_ 20 (If answer is IS, said cancellation shall be obtained 39. no later than '20 MN:PA:VL-1(8114) 10