2015-05-27 CC Set Agenda - Laserfiche WebLink

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wthantlsign ID:33CA65D6-3926-46FA,A904-4SDD87B5DACS Biorktund PURCHASE AGREEMENT: VACANT LAND (RESIDENTIAL) R E A 1. T Y r Ar C . This form approved by the Minnesota Association of REALTORS®, which disclaims any liability arising out of use or misuse of this form. 02014 Minnesota Association of REALTORS0,Edina,MN 1. Date 05/27/15 2. Page 1 of a 3. BUYER (S): Eric M Newman 4. Pamela M Smith 5. Buyer's earnest money in the amount of 6. Two Thousand Dollars ($ 2,000.00 ) shall 7. be delivered to listing broker no later than two (2) Business Days atter 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 Block 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 ---__--(Check one.)------.---- 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($ 50,000.00 22. 23. Fifty Thousand Dollars, 24. which Buyer agrees to pay in the following manner: 25. 1. CASH of loo percent(%)of the sale price,or more in Buyer's sole discretion,which includes the earnest 26. money;PLUS 27. 2. FINANCING of o 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 in contract for deed or ❑ a first mortgage with subordinate ----_----------�.-_�.�-----------!Check one.}.__-------------__--__-__�_..--��30. financing, as described in the attached Addendum: 31. ❑Conventional❑FHA OVA❑Assumption❑Contract for Deed j Other: Cash ---------------- -- -__---_.---(Check an that 32. Proof of funds letter provided. 33. The date of closing shall be on/before June 30 ,20 15 34. This Purchase Agreement n IS n 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 Buyer's property, if any, 36. may still affect Buyer's ability to obtain financing, if financing is applicable.) 37. This Purchase Agreement❑IS IS NOT subject to cancellation of a previously written purchase agreement dated -----(Check one.)--- 38. , 20 . (If answer is IS, said cancellation shall be obtained 39. no later than ,20 MN:PA:VL-1 (8/14)