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Jan 04 08 09:47a 651-��9-0963 p.7 � PURCFfASE AGREEMENT 41. Address 1000 VJOODHILL DRIVE 42. Page 2 Date necember 14, 2007 43. Th�s Purchase Agreement ❑ IS iC❑ IS NOT subject to cancellation of a previously written purchase agreement --(cheGc one.}---- 44. dated _ 45. (If answer is IS, sa'rd cancellation shalf be obtained no later than , 20 . li 46. said cancellation is not obtained by said da?e, this Purchase Agreement is canceled. Buyer and Seller shail immediafely 47. sign a Cancellation of Purchase Agreement eonfirming said cancellation and directing all earRest money paid 48. hereunder ia be refunded to Buyer.) 49_ 50_ 5i. 52_ Buyer has been made aware of ihe availability of property inspections. Buyer 0 Eiects ❑ Decfines to have a ----------(Cheak one.}------ property inspeclion performed at Buyer's expense. 7his Purchase Agreemeni �C] IS � IS NOT subject to an lnspeciion ContingencyAddendum. ---(G,ack ome.t--- (lf answer is IS, see attached Addendum.} 53. DEEDIMARKETABLE TITLE: Upon performance by Buyer, Seller shall deliver a 54. � Warranty Deed or ❑ flther. _ Ueed joined in by spouse, if any, conveying °•--------------------_-__...�---°lCh�c one.}--- ------------------ -- 65. markeiable title, subject 10 56. (a) bu�lding and zonir�g laws, ordinances, and state and federal regulations; 57. (b) restrictions relatir�g to use or improvement of the property without effective forfeit�re provisions; 58. (c) reservation of any mineral rights byihe State of Minnesota; 59. (d) utility and drainage easements which do not inierfere with exisiing improvements; sa s�, 62. B3. 64. 65. 66, (e) rights of tenants as follows (unless specified, not subject to tenancies): (f) others (must be specified in writing�: ; and 67. 68. � SUYER SHALL PAY � SELLER SHALL PAY on date of closing any deferred real estate taxes (e.g., Green --------------lChedc one.}-------------.r.�---- 69. Acres) or special assessments, payment of which is required as a resuli of the closing of this sale. 7Q. ❑ BUYER ANa SELLER SMAL� PRORATE AS OF THE DATE OF CLOSING �]C SELLER SHALL PAY ON� 71. DATE OF CLOSING al1 �nstallments of special assessments certiiied for payment, with t3�e real estate taxes due and 72. payable in the year of closing. 73. ❑ BUYER SFlALL ASSUME Q SELLER SHALL PAY on date of closing a(! ather special assessments levied as __.-•--------------lcheok one.}---_«.____-.----- -- 74. of the date of this Purchase Agreement. 75. ❑ BiJYER SHALL ASSUIVlE � SELLER SFiALL PROVIDE FOR PAYMEfV'f OF special assessmants �ending as 76, of the date of this Purchase Agreement for improvements that have �een ordered by any assessing authoriiies. {Sel(er's 77. prov9sion for payment shall be by payment inio escrow of two (2) times the estimated arnount of the assessments or 76. less, as required by Suyers lender.) 79. Buyer shall pay any unpaid special assessments payable in the year following cfosing and thereafter, the payment of B0. which is not oti�erwise herein provided. eR �7o-z (o�ro7)