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No. 262%.Q. Earnest Money Contra enttr,a.sraont
<br />YELLOW— Seller sDCopy
<br />PINK —Buyers Copy
<br />n Goloenrod—Agent's Copy
<br />PURCHASE AGREEMENT
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<br />RECEIVED OF.
<br />.� L- m ev t.�,5 /t-�►cact!ti.—... 1
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<br />the stun of........
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<br />It.:+v.........`� .......... .-..... ... `(_..� .......LLARS
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<br />CNote 8ttzb Which) -.. • • ............................0 earnest money and in part payment for the purchase of property at
<br />.... (heck rah —
<br />..t�..J............1�J.C�............ l.. l .�1. .0 �l. f1 �....... MP �� ...................situted in the
<br />County of ....... .d4t,S Q,:............... , State of Minnesom, and legally described as follows, to -wit:.
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<br />including all garden bulbs, plants, shrubs and trees, all storm sash, storm doors, detachable vestibules, screens, awnings, window
<br />shades, blinds ( including venetian blinds) , curtain rods, traverse rods, drapery rods, lighting fixtures and bulbs, plumbing`
<br />fixtures, hot water ranks and heating plant ( with any burners, tanks, stokers and other equipment used in connection there- .
<br />with), water softener and liquid gas rank and controls (if the property of seller), sump pump, television antenna,' inciner-
<br />ator, built-in dishwasher, garbage disposal, ovens, cook top stoves and central air conditioning equipment, if any, used and
<br />located on said premises and including also the following personal property:
<br />all of which property the undersigned is day sold to the buyer for the sum of:
<br />............... 4:- "e a +t, r.......... `f'' ...../ .............." .........-- ......`-'.. ................ ( .. % r ...V .. ) DOLLARS
<br />which the buyer agrees to pay in the following manner:
<br />Mwai,%-erein paid
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<br />1 K 1 7 C%4 -�ke_ hit-ds
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<br />Subject to performance by the buyer the seller agrees to execute and deliver a Warranty Deed
<br />(to be joined in by spouse, if any) conveying marketable title to said premise, subject only to the following exceptions:
<br />(a) Building and zoning laws, ordinances, State and Federal regulations.
<br />(b) Restrictions refacing to use or improvement of premises without effective forfeiture provision.
<br />(c) Reservation of any minerals or mineral rights to the State of Minnesota.
<br />(d) Utility and dr--inage easements which do not interfere with present improvements.
<br />(e) Rights of tenants as follows: (unless specified, not subject to tenancies)
<br />The buyer shall pay the real estate taxes due in the year 19 and any unpaid installments of special assess- us payable therewith
<br />and thereafter. Seller warrants that real estate taxes due in the year 19 will be uomesread classification
<br />( full, partial or non -homestead —state which)
<br />Neither the seller nor the seller's agent make any representation or warrann• whatsoever concerning the amount of real estate taxes
<br />which shall be assessed against the property subsequent to the date of purchase.
<br />Seller covenants that buildings, if any, are entirely within the boundary lines of the property and agrees to remove all personal property
<br />not included herein and all debris from the premises prior to possession date. SELLER WARRANTS ALL APPLIANCES, HEATING, AIR
<br />CONDITIONING, WIRING AND PLUMBING USED AND LOCATED ON SAID PREMISES ARE IN PROPER WORKING ORDER
<br />AT DATE OF CLOSING.
<br />The seller further agrees to deliver possession nor later than provided that all conditions of this
<br />agreement have been complied with. Unless otherwise specified this sale shall be clo led on or before 60 days from the date hereof.
<br />In the. event this property is destroyed or substantially damaged by fire or a,.y other cause before the closing date, this agreement shall
<br />become null and Void, at the purchaser's option, and all monies paid 'hereunder shall be refunded to him.
<br />The buyer and seller also mutually agree that pro rata adjustments of rents, interest, insurance and city water, and, in the case of
<br />income property, current operating expenses, shall be made as of t
<br />The seller shall, within a reasonable time after approval of this agreement, furnish an abstract of title, or a Registered, Property
<br />Abstract certified to date to include proper searches covering bankruptcies, and State and Federal judgments and liens. The buyer shall be
<br />allowed 10 days after receipt thereof for examination of said title and the making of any objections thereto, said objections to be made in
<br />writing or deemed to be waived. If any objections are so made the seller shall b, t d 120 days to make such title marketable. Pending
<br />correction of title the payments hereunder required shall be postponed, but upon on of title and within 10 days after written notice
<br />to the buyer, the parties shall perform this agreement according to its terms.
<br />If said title is not marketable and is not made so within 120 days from the date of written objections thereto as above provided, this
<br />agreement shall be null and void, at option of the buyer, and neither principal shall be liable for damages hereunder to the other principal.
<br />All money theretofore paid by the buyer shall be refunded. If the title to said property be found marketable or be so made within said time,
<br />and said buyer shall default in any of the agreements and continue in default for a period of 10 days, then and in that case the seller, may
<br />terminate this contract and on such termination all the payments made upon this contract shall be retained by said seller and said agent, as
<br />their respective interests may appear, as liquidated damages, time being of the essence hereof. This provision shall not deprive either parry of
<br />the right of enforcin the specific performance of this contract provided such contract shall not be terminated as aforesaid, and provided action
<br />to enforce such specific performance shall.be commenced within six months after such right of action shall arise.
<br />It is understood and agreed that this sale is made subject to the approval by the owner of said premises in writing and that the under-
<br />signed agent is in no manner liable or responsible on account of this agreement, except to return or account for the earnest money paid under
<br />this contract.
<br />The delivery Of all FORM APPROVED BY MINNESOTA ASSOCIATION OF REALTORS® ry papers and monies shall be made at the office of:
<br />f
<br />I the undersigned, owner of the above land, do hereby approve By ... AB=,
<br />the above agreement and the sale thereby made. I hereby agree to purchase the said property for the price cud
<br />r upon the terms above a ed, a subject m act conditions �` '
<br />.. .,��� .. ...... \............. herein ezp F �
<br />Sal er ....... u. t........ (SEAL)
<br />Seller..................................(SEAL) ............... ....
<br />yen............... ........ ............(SEAL)
<br />THIS IS A LEGALLY BINDING CONTRACT. IF NOT UNDERSTOOD, SEEK COMPETENT ADVICE.
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