2015-05-13 CC Packet - Laserfiche WebLink

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VACANT LAND PURCHASE AGREEMENT 216. Page 6 217. Address 7261 Main Street_Centerville 218. FINAL ACCEPTANCE:To be binding,this Purchase Agreement must be fully executed by both parties and a copy 219. must be delivered. 220. CALCULATION OF DAYS:Any calculation of days begins on the first day(calendar or Business Days as specified) 221. following the occurrence of the event specified and includes subsequent days(calendar or Business Days as specified) 222. ending at 11:59 P.M.on the last day. 223. BUSINESS DAYS:"Business Days"are days which are not Saturdays, Sundays or state or federal holidays unless 224. stated elsewhere by the parties in writing. 225. DEFAULT: If Buyer defaults in any of the agreements hereunder, Seller may terminate this Purchase Agreement 226. under the provisions of MN Statute 559.21.if either Buyer or Seller defaults in any of the agreements hereunder or 227. there exists an unfulfilled condition after the date specified for fulfillment, either party may cancel the Purchase 228. Agreement under MN Statute 559.217, Subd. 3. Whenever it is provided herein that the Purchase Agreement is 229. canceled, said language shall be deemed a provision authorizing a Declaratory Cancellation under MN Statute 230. 559.217,Subd.4. 231. If this Purchase Agreement is not canceled or terminated as provided hereunder, Buyer or Seller may seek actual 232. damages for breach of this Purchase Agreement or specific performance of this Purchase Agreement; and, as to 233. specific performance,such action must be commenced within six(6)months after such right of action arises. 234. NOTICE REGARDING AIRPORT ZONING REGULATIONS:The property may be in or near an airport safety zone 235. with zoning regulations adopted by the governing body that may affect the property. Such zoning regulations are 236. filed with the county recorder in each county where the zoned area is located.if you would tike to deterrnine if such 237. zoning regulations affect the property,you should contact the county recorder where the zoned area Is located. 238. NOTICE REGARDING PREDATORY OFFENDER INFORMATION:Information regarding the predatory offender 239. registry and persons registered with the predatory offender registry under MN Statute 243.166 may be 240. obtained by contacting the local law enforcement offices in the community where the property is located 241. or the Minnesota Department of Corrections at(651)361-7200,or from the Department of Corrections web 242. site at www.corrstate.mn.us. 243. NOTICE 244. is❑Seller's Agent❑Buyer's Agent❑Dual Agent❑Facilitator. 245. (FWD) 246. is❑Seller's Agent❑Buyer's Agent Dual Agent❑Facilitator. (umns") f[�iedc one 247. (Reel EMU Company Nouns) 248. THIS NOTICE DOES fia SATISFY MINNESOTA STATUTORY AGENCY DISCLOSURE REQUIREMENTS. MN:VLPA-6(&W)