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15. ENTIRE AGREEMENT. <br />All understandings and agreements heretofore made between <br />the parties hereto are merged in this Agreement, which alone <br />fully and completely expresses their agreement. This <br />Agreement is entered into after full investigation, neither <br />party relying on any statement or representation not <br />embodied in this Agreement. <br />16. ACCEPTANCE OF PURCHASE AGREEMENT. <br />This Purchase Agreement has been signed by the Buyer and <br />submitted to the Seller as of the date first above written. <br />In the event the Seller shall fail to accept this Purchase <br />Agreement, by affixing its signature hereunto, andby <br />notifying the Buyer of such acceptance, on or before <br />June 1, 1987 this Purchase Agreement shall be null and void <br />and of no force and effect, and the earnest money herein <br />paid shall be refunded to Buyer forthwith. <br />IN WITNESS WHEREOF, the parties have executed this Purchase <br />Agreement the date and year indicated below. <br />BUYER <br />Gerald H. Raufhold <br />Prepared by: <br />John P. Vitko, P.A. <br />200 Rosedale Towers <br />1700 W. Highway 36 <br />Roseville, MN 55113 <br />(612) 636-6400 <br />Attorney Reg. No. 112938 <br />SELLER <br />Independent School District No. 623 <br />BY: , " A <br />ITS: Clerk <br />Date: 6/1 /87 <br />