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403 <br />404 <br />405 <br />406 <br />407 <br />408 <br />409 <br />410 <br />411 <br />412 <br />413 <br />414 <br />415 <br />And to: <br />Attn: Mark Nelson, Seniar Vice President <br />Email: mark.nelson(a�uproperties.com <br />with a copy to: Lindquist & Vennum LLP <br />4200 IDS Center <br />80 South Eighth Street <br />Minneapolis, MN 55402 <br />Attn: James R. Walston <br />Email: jwalston(a�lindquist.com <br />Attachment B <br />416 Each mailed notice or communication shall be deemed to have been given to, or served upon, the <br />417 party to which it is addressed on the third date after the same is deposited in the United States <br />418 Registered or Certified Mail, if postage prepaid, properly addressed in the manner above <br />419 provided, or on the date of delivery if by other means as allowed above, and if by telephonic <br />420 facsimile, with confirmation of successful transmission. The addresses to which notices are to be <br />421 mailed to either parry hereto may be changed by such party by giving written notice thereof to the <br />422 other party in the manner above provided. <br />423 <br />424 <br />425 <br />426 <br />427 <br />428 <br />429 <br />430 <br />431 <br />432 <br />433 <br />434 <br />435 <br />436 <br />437 <br />438 <br />439 <br />440 <br />441 <br />442 <br />443 <br />444 <br />445 <br />446 <br />447 <br />448 <br />449 <br />450 <br />451 <br />452 <br />453 <br />13. DEFAULT. In the event of a default by Seller hereunder, Purchaser may terminate this Purchase <br />Agreement, and receive from Seller a return of all Earnest Money or seek specific performance. <br />In the event of a default by Purchaser hereunder, Seller may terminate this Agreement by <br />providing 30 days written notice as provided by Minnesota Statutes, and subsequent to such <br />termination, retain the Earnest Money paid by Purchaser or seek specific performance. <br />14. 1031 EXCHANGE COOPERATION. As an accommodation to the other party, the parties <br />hereto agree to cooperate with each other if either or both of them elect to consummate the <br />transaction contemplated by this Agreement in a manner intended to qualify as a lilce-kind <br />exchange of property pursuant to Section 1031 of the Internal Revenue Code of 1986, as amended <br />(ihe "Exchange"), including, without limitation, so called "reverse exchanges," which <br />cooperation shall include executing documents therefor, provided that the requesting party is not <br />in default of its obligations under this Agreement and the following terms and conditions are <br />satisfied: (a) the exchanging party provides prior written notice to the other party not less than <br />two (2) business days prior to the Closing Date, together with copies of all exchange documents; <br />(b) the non-exchanging pariy shall in no way be obligated to pay any facilitator charges, escrow <br />costs, brokerage commissions, title charges, survey costs, recording costs or other charges <br />incurred with respect to the Exchange, and the exchanging party shall reimburse the non- <br />exchanging party for any reasonable professional fees, including attorneys' fees, incurred with <br />respect thereto; (d) in no way shall the Closing be contingent or otherwise subject to the <br />consummation of the Exchange, and the Escrow shall timely close in accordance with the ierms <br />of this Agreement despite any failure, for any reason, to consummate the Exchange; (e) the non- <br />exchanging party shall have no responsibility or liability to any third party involved in the <br />Exchange; (� the non-exchanging party shall not be required to make any representations or <br />warranries nor assume any obligations, including but not limited, incurring any debt, taking title <br />to any other property, expending any sum, or incurring any liability whatsoever in connection <br />with the Exchange; and (g) the parties' rights against each other under this Agreement, and the <br />parties' obligations under this Agreement, shall not be reduced or excused in any manner as the <br />result of the Exchange. This Purchase Agreement shall consritute notice within the meaning of <br />Section 11031(k)-1(g)(4)(v) ofthe Income Tax Regulations. <br />