Case 12-46965 Doc 166-2 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc

Exhibit(s) B - 323 30th Ave N Page 1 of 7

PUHCHA5bUHbbMbNT
1l8!0I08|0v0dDy08Mlnneeoti 8o03||0nof H|!Ub,
which disclaims any llablllty arising 0uIou8orm|8usecfIhi8|Orm.
201M|meso|aAWXJistlcnof REALTOA, fdirm, MN
T. Date Ji ,z /

2. Page 1 0

4.
5. the SUR of t
`
C
Dollars $ ; ,
6, by _CHECK CASH _uovc0 08fR68 UDH t
U b depoilted upOn Final ccepnce of PurchHI
`` [0 ao|one.)--"-
7. A
g
reement b
y
tll prtes, ODor before the third Business Day afer Final Acceptance, In thetruataeeouotDlisting
$. brokr, unleH otherwise agreed to In writing, but to b) returne( b) auyer Purcll$9 Aglt<inent 1 D0\accepted
e. by Seller,
10. Said ...money is l! payment for the purchase of he
p
Rpe|t 00l6U B!
1. Street Address:
0 '
12. city of /r
1S. State of Minnesota, 9
14.
L
Hi.
16 .
17,
18.
19.
20.
21.
Including all 1xtcrsa 00 th following pr0
p
eIt, if ny, owned by SellD| and used and 00!0 00 said p|0p6|!y,
including but B0 |m0O to garden bulbs, plants, shrUb fnd |00S; S0rm sash, storm doors, screens and awnings;
win0ow shades, blinds, traverse D0 CuIB|D aGd dtapery rods; attahed lighting fixures B00 bulbs; plumbing
fixtures, water heater, heat
i
ng plant$ (with any burners, non-fuel tnks. t|osetsecdother e(ulprent used In connection
lerew||r,built-In air-conditioning equipment, elmtronic e|rfilter, wa|ersofener _awta_ReNTEO aoxe,
_ (Cl#0.)~~
22. built-
i
n humidiflet and dehurldiflet, llquic fuel tsck(>),-
_ upu |controls (ii the
23. propert of Saller). sump pump; Bttchd television antenna, cble TV Jacks and wiring; BUILT-INS dlshwlhal,
Z @9!D9@6 0p0BB !!SH U0HB0!0I, ovens, cook-to
p
stoves, mlorowave ovens, rood 8D, D0ICDP8]
25. ATACHED: capeting; mirrors; garaga door openers and controls; 3D08BUlCI0|H fireplace screens, doo|S and
26,
27.
heatllators: ANO the following personal property: <-
21.
29.
.
/ -
31. --Dollars.
32. which Buyer agreeSto pay in !0 f
3$. 1. Ca$h of w percent (') of HB sale ((|ce,o( more In Buyer's Sole discretion, which Includes the 0BIR0$t
3'. money; PLUS
. 2. Financing of 6|06R!\7]0the sale price, which will 0!DBtotal amount secured gBl06!this properiy
36. |0fund this purchase.
37. Suen financing shall -[c|ocso,_$ t|:s:>::,ae,_B contract t>deed; or _a firt morgg wih
;:: g?Q? ...
40. 00 Q0 ofcloslng shall o /-< 1 Z0 /3
MN:PA-1 (10/1e}
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Case 12-46965 Doc 166-2 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) B - 323 30th Ave N Page 2 of 7
PURCHASE AGREEMENT
4i. Page2 Date - /;
4. Propert located l /

O Th
i
$ Purchase Agreement ,su
b
ject to a Conlngancy Addsndum for sale of Buyer'$ property.
44. (llanswer Is IS, MM attached Addendum.)
C. (If DW6IIs IS NOT, the closing DBuyer's ptoperty, if any, may still attai: t Buyers abilit to obtain fina00iDg |financing
46. is ippllcable,)
This Purchase Agr

ement
_
_
r

.
T subject to oanoellatlon O d prevlo.usly wrttten purchase agreement
48.
49.
50.
51.
52.
63.
0
55.
0D
dated g W .
(If answer Is 1$, said O\ntillalion shall oeobtined no l!ttr than 20 .
said oanoellatlon I$ D0obtained by said date, tl$ Purha; Agreement |Scanceled. BuyAr and Seller shall immediately
sign Cancelation of UlCS0 Agrttmfnt confirming said cancellation and dlrcting El! 0arnest money palc
hereunder to be refunded to Buyer.}
Buyer has oaan mae 0WBIS of the aVilaDiliq 0 property lnspiitiOn$. Swer

.!0 BV0 B
proper lnspectlor perormed B! Buyer's expense.
Tis Purohase Agreement __,$1bject 0 8 Inspection Contingency Addendum.
(If answer Is IS1 see ataohed AJ1erovm.)
57. DEED/MARKETABLE fLE: Upon perormance by Buy1r, Sellef _shall deliver R
SS.
'''-..pq_.,..,,,_ ___
'
__ _Jo
i
n
ed
i
n
b
y s
p
o
u
s
e
,. If any, conveying
59. marketable t|tly subject to .
60. (a) building and zoning laws, ordinances, and state anc fdetl tegulations;
61. (o) restrlotlons relaing \0 U80 DIImprovement of the property wthout efeotive forfeiture provisions;
62. (c) feSeMHion of any mineral rights by the State of Minnesota;
63. (d) utilit and drinage aaseren\$ whioh do not interfere w
i
th existing Improvements;
b4. (e} i|o:sot tenarts 810 W8 (unless speclfl$d, 00l subject D tenancies); S / r
65.
66.
67.
68. Seller shall pay on the date of closing all real B8dBtaxes du0 and payable in all prior yelrs including all penalties RRD
69. |ll0fS$l
'
. =
1 g._YE
_

,
:

0
::: (r 0al of clO$lng any deterred real 0 X (e.g., Green
71. Acta)or special assessments, ayRent of which Is rquired as Bresult of the 6losi nQ of this salet
72.
`~`E--?!'---?r;
M
!_OF___-0 LR SHALL PAV ON
73. DATE OF CLOSING 111 installlerts of special assessments certified far payment, with the real estate txes due and
74. payable In lnoyearo|closing.
1C.
'*;;
on date of closing ll other $peclal assessment levlec as
76. of the d&!0D\BS PuKh66e Agreement.
.
=BVE-1..-*-k!e=--.!!. o_$pec
l
a
l
assessme
nts pending as.
1U. ClD0date o1 this Purchase Agreement DIlmprovement(fthat have been D|Ue|BOby any assessing auttioritllS. (Sellers
! QtOvBuHfOfpagm8HI shall Du Dy ByHuOI G\O U6OICW OWo (2) ||D0B1|1u u$lImBlBUnCUlof the 000mCDl 0I
ao: IM$, required by Buyer's lender.)
LXh1b1J H
Case 12-46965 Doc 166-2 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) B - 323 30th Ave N Page 3 of 7
<
83.
84.
85.

e DB1f
Propert located at 1/` :

1Uyer shall pay any unpaid speolal as$
e
ssmants
p
ayable In the year following olosing and thereafter, the payment of
which Is not otherisS herein provided.
.
As the date of th.is PurchMe Agreement, S$Her represents that Seller _
.
received a notice
86. regarding MY new improvement project
rom ay assessing authorities, ie csts of whi0h project may be as$e$sed
87. against the property. Any such notoe received by Seller rfer the da1e of this PurChase Agreement and before clo. slng
d. ahall be provided to uyer Immedi
a
tely. If such noti S Issued afer the 00l0 Cl this Purchase Agteament and 0D
89. or before the dale D closing, then the partles may agree In writing, on or before the date of closing, 0 pay, provide
90. tor the payment of or assume the special assessments. In the bsence or $uoh agreement, o||cerpa(ty may declari
91. this |urcceaeAgrB0mSnt canceled by wrien notioe to lD OlRB|part, or licensee representing or assisting the 01her
Z. part, InwhiCh case this U|CDR0Agreement Is cancaled, |eitherpar declare$ this Purchase Agre0ment nceled,
. Buyer and Seller shall Immediately sign a Oanoellstlon of Purhase Agrlement confirming said oancellatlon and
94, directing ll earnest money paid htreunder to be refunded to Buyer.
96.
Bu
ye
r s
h
a
l
i pi,g:-.!-?.i!r._12.-
r
^^ls
tate t
ax
es
due
96.
97,
.
99.
iOO.
101,
102.
103.
104.
105.
106,
107.
108.
and payable In the y0R|Z />
Sller shall
p
a
y
)-__ ___ _re
a
l
es
ta
t
e
t
a
xe
s
d
u
e
and
payable In the yeat Z /i . It tha Closing date is changed, the real estate taxes paid sh3llg if pro.rated, be adJustad
to the new closing date. Seller warrants 3XBSueand payable Jn te year 20 1hall be_!_e'-.:

homestead classlflcation.
|tpart 0l non-homestead CJaaslflcatlon I$ checked, lier agrees to pay Buyer at closing $ ,
toward the non-homestead real .estate txes, Buyer agrees to pay any remaining bel0nce of ron-homestead dX8
when they bacome du0 and payable. Euyer shall pay real estate taxae OUC and p.yabla In the y0ar following clo$lng
and thEre.fter. the payment Olwhloh |$ Dl otherise herein provided. No representations l0 made concerning the
amount of subsequent real estate taxes
.
'

.
P0$SE$SION: Seller shall deliver possession of th0 ;:;:,no lBter than afer closing.
Sellar agrees to remove ALL 0538|6AN0^||PERSONAL PR0PiR1 NOT INCLUEREIN from the p
r
opert
b po$sesslon date.
.
109. PFORATIONS; All Interest[ unit owners' association.cwes; rents; and charges tor city water, cit sewer aleotrioity ard
JJ nalurl gas shI be prorated beteen the parties as of date ot olostng. Buyer shall pay Seller for remalrlng gallons of
111. fUel oil 0Illquld petroleum gas Of the day of closing, at the rate Dlthe la$t fill by Seller.
112. TITLS AND tXAMINATON As quickly BS raasonably possible after Fnal Acoeptanoe of this Purcnase Agreement:
113. (a) Seller shall surrender a.ny a.bstrMI of title and a copy of ay owner's titl insurance policy for the propert, if
114.
Jn Seller's pos$Meion or control, to Buyer or uyers designated title servloe provider, and
115. (b) Buyer $hall obtain the title services determined necessary or desirable by Buyer or Buyer's lender, inoludlng
11u. but Mt limited to Ulla aarches, title examinations, abstracting, a title insurance commitment or an attorney's
117. title opinion at auyar's selection and cost and provide B copy to Sellers
11$. Seller ahail use Seller's beat effofta lo prvide matketable tillo Dy lHo dBl0 ot oJosing. Seller agrees 0 pay all oosta
119, and fees necassary 0convey marketable tltle Including obtaining and recrding all required documents, subject to the
120.

following:

121. In the event Sellerhae 0Clprovtded marketable titlSby the date ot olo1ing, Sellar$h$ll D0v0an adltlonal SOda.s to
122. make title marketable, 0I |R th alternative, Buyer may waive !Ille defects by writen notiCe to Seller. In d0ition to
J2. ihe SOdy elanslon, Buyer 6OU Seller m1y, by UlUBI g|eemnl, UItuIDO Iu closing dBI. Lacking suoh
1U4, exension, either pir may declare to|s Purchase PgI00m0nl canceled by writen notce to the other patty Ct
1.5. licensee representing or assisting the other party, in which oase tis Purhas Agreem!lit iF canceled. If !llhrr
12a. par
t
y declare
s
ti
s
|urhase Agreement canceled, Buyer and Soller shall Immediately |gn oanollaticn of
l27. Purhase Agreement confirming said otmoellatlon and directing all earnest money paid hereunder to be refunded
128.
to Buyer,
MNF^J (10112)
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Case 12-46965 Doc 166-2 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) B - 323 30th Ave N Page 4 of 7
PURCHASE AGREEMENT
130. Proper t located at
129. Page 4 Date
:
.
/
s/
131. SUBDIVISION OF LAND: If this sale constitutes or requires a subdiVislon of land owned by c0ll(, Seller shall pay
132, a]I eubdlvision expenses and obtain all neoessaly gc;lrnmental approvals. Sellr warrants that HC lSg8l description
133. of th0real prperty to ba conveyed has bsen or shall be 3pproved for recording BSof the DBl 0closing. Seller warrants
134. that the buildings ar0 O( shall be constructed entir0ly within !he boundar Jines of the propert. S0ller warrants th!t
13S. there. is a right Daces to the propert from public right-of-way. These warranties shall surive the dlivDry of the
136. deed or contract for dead.
,
.
T1. MeCHANI01S LIENS! Seller.warrants that prior 0the closing, payment in tull will have been made for all labor, materi(s1
138, machi nry, fixtures or tools furnished within the 120 days i RmBdiately preceding the closing in oonnectlon with
139. oonstructlon, alteration or repair of any structure on, or improvement to, th1 p(oper,
140. NOTICE! Sellerwartants that Seller HS0Oreceived any 0OC0from $ygovernmental authorit o co0denation
141. prceedings, or violation of any law, ordinanc or regulation. If the prbpery is subject to restrictive covenants, Seller
142. wartants that Seller has not received any notlca from any person or authority as to 0 breach of tM covenants. Any
143. suoh notices received by Seller shall be provided to Buyer immediately.
1 DIMENSIONS; Buyer acknowledges any dimensions, square footage or acreage olland or improvements provided
145. by Seller, third part, or broker representng or assisting Seller are approximate. Buyer shall veri[the accuracy of
i46,
.
information 0 auyefs satisfaction, If material, at 81yers ole cst and expense.
1^/. .CCESS: Salle( agreel lD llow reasonable access ID th proper for performance D any surveys DIinspections
148. agreed to herein.
149. RISK OF LOSS: If them is any |oeotdamage to the property beten the tate hereof and the date of closing tr any
1SO. reesoo,including fire, vandalism, 11ood, earthquaKe or .ct of God, the risk of loss shall b on Seller. If Iha propert
151. Is destroyed or substantially damaged before the closing date, this Pwrchaee Agraemenl is canceled, at Buyer's option,
1S2. by writen notice to Seller or licnseb representing U| atsisting SellUr. If Buyer cancels this Purchase Agreement,
153. Buyer and Seller shall lmrUdiately sign 0 Canca/atlon of Puthase Agreement confirming said cancallation and
1. dirScting all earnest money paid hereunder to b refunded to Buyer.
165. TIME OF ESSENCI: 1ime is 0the essence hi this Purchase Agreement.
156. ENTR AGREEMENT; This Purohase Agreement, any attached exhibits and any addenda OIamendments signed
JO1 by the paries shall constitute the entir agreement batwi Setler and Buyer and supersedes any. 0Rl wrlnan or
iss. oral agreements between SOller and Buyer. This Purchase Agreement can be modified DIcanceled only In writing
159. signed by Saller and Euyet ot by oparalion of law. Te paries agree the electronic signature of any part on any doument
1 eo. (elated to this transaction oonslitute valid, binding signatures. All monetar 9UnS ta deemed to be United States
i 61. ourrenoy tor purposes of this Purchase Agreement. Buyer or Sellr may be rSquired \Upay 0FWDclosing costs, WCD
1. may effectively Increase the cash outlay at closing or |SOU0 the proceeds |0Rthe s.ale.
163. FINAL ACCcliANCE: 'J be blndll'g, this Purchase @reemeDt must be fully executed by both parM and
a
copy
1. must Ddelered.

165. CALCULATO OF DAYS: Any caloulatlon of days begins DDthe fl(St day (calenda( or Business Days as spaolfad)
166. followng Iha occurrnce of lhe event specified and includes subsque0t days (ce|ooderorBusiness Days sspecilied,
167. ending et 11:59 P.M. on the last day.
168. SUSINESS DAYS: "EM;iness Days" ar days W0H are not Saturdays, Sundays a|=!oor federal holidays unless
169. stated elsewhere by the partle$ D writing,
170. DEFAULT: If 8uyar delaults in any of the agrOements herein, Sellar may cancel this PurchMe Agreement, ard any
171. payrents made hreu0der, including earnest money, shall be retained by Seller as liquidated damages and Buyer
172, and Seller shall affirR the same by a written oanoallatlon agreement.
173. It Buyer dafaUlt$ In ay D the agreements hereunder, Seller ray terminate this PurchMe Agreement under the
!! provlalons of MN Statuti 559.21. If althef 0u,erof 8M(defaults In any of the agreements hereunder or |Ul exists
TYb~ BD unf1lfilled orion BIIIHu d;ti sp!clfied 0ff1lflllment, either.party 9ycancel this Purchae AgrMment U|UI
176. MN tatute b.1, Subd. 3. Whenever it is provided herein that this Purchase Agreement Is canceled, aid language
1Y. $haII bf deemed 8provision authorizing a Declaratory Cancellation under M statute 0.r1. $ubC.
17$. If this Purchase Agreement is not canceled or terrinatad provld$d herunder, Buyer or eller may $eek actual
179, damages ff brech of this Purchase Areement or specific perrmanc$ of thl$ Purchase Agreement: and, as to
1 BO. specnic peroranc. such aqtlc mUm Du oormenoed within six ()months afer 6UCO riht DCI|arises.
MN:FA(10/12)
LXH1b1J H
Case 12-46965 Doc 166-2 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) B - 323 30th Ave N Page 5 of 7
PURCHASE AGREEMENT
"
181. a D Date - /
1.od ... .......
183, BUYER HAS-THE RIGHT TO A WALK-THROUGH FEVIEW OF THE PROPERTY PRIOR TO CLOSING TO
184. ESTABLISH 'HAT THE PFPRTV IS IN SUBSTANTIALLY TH SAME CONDITION AS OF Tle OATE Or
185. THIS PURCHA$E AGREEMENT.
186. BUYER HAS RECEIVED A (:/any that app|,}. PROPERT DISCLOSURE STA7MENT OR A
187. _SELLE.S D/SCLOSUAE ALTERNATIVE$
188, DESCRIPTION OF PROPERTY CONDITION: See Seller's Prpert D/scosur $ttement DI Seller's Dfsclo$ur
18. Altemt/fs tr deeorlptlon of disclosure responsibilities and llmltalfons, if 0y
190. BUYER HAS bblVTHE JNSPECtlON REPORTS, IF REQUIRIO BY MUNICIPALIT.
191. BUYER A0kmOw.068THAT |OORAL cct:rcaHAVE BEEN MADE REGARDING THE CONDION
192. OF THE PROPERTY
193. {0neckapmpr|etebozee.)
194. SELLgF WARRANTS THAT THE PROPERY IS tITHER DIRECTLY OR INDIRECTLY CONNECTED TO;
HIS, b OITVWATEAES _NO
196. fSEM
197
.
bCERTFIES THAT SELLER _._,,....A SUBSURFACE SEWAGE TREATMENT
198. SYSTEM ON OR SERVING THE PROPERTY. (If BSwBI|S DOE&, and the system does not require Bstate permlt,
199. see Subsurce SewBge 1estmit SyBtem Discloure statement.)
200. [@N6w6LL
201. SELLER CERTIFIES THAT SELLER _
.
,.sqKNOW OF A WELL ON OR SEfING THE
202. PROPERT. |fR8W0is w an
d
well is located on the property, SBB Wel Disclosure Statemenl)
203. THIS PURCHASE ACFcEMENT _...A SUSSUAFACE SEWAGE TRETMENT SYSTEM
Z4. PN Wt: LL INSPECTION CONTNGENCY ADDENDUM. ||BDSW0f 1$, Etfched Add8ndum.)
205. IF A WlLL OR SUBSURFACE WTFSATMSNT SYSTEM k|818 ON THE PROPJRT, UYb HA$
26. Vb A WELJ_DISCLOSURE STATEMENT AND/OR A SUBSURFACE SEWAGE TEA1MEN SYSTEM
207.
DISCLOSURE STATEMlNT.
208. NOTICE REGAFDING PREDATORY OFFENDER INFORMATION: lnfftttlon regarding the.predator otandel
209; reghitr and peon$ raglstered with the predator otenoer ragl$tr under MN Statute 243.166 may b ob.talned
21 o. Jy oontactlng the local law enfrcement 0008In \0communit where the propert Is located Dfthe Mlnnfot
211. Departmelt cf C1rrlctlons 0| (651) 361w7211, Of frol the OBBRH 0T Corrections web $lte at
212. www.corr.stti.mMS.
213. HOE PAOTECTIONJARAANiV PLAN: Buyar and Seller BfB advised to investigate te VI|DUS home protecion/
214. warranty plan$ available for purchase, Diferent hCme protetfOJ/warrant plans have diferent coverage option$,
215. exoh$fQns, flmitations and serice fees. Most plan$ exclude pre-existing conditions. (Check one.)
216. _ A Home Protectiorarranty Plan will be obtined ed paid c,_6u8_SELLER to be issued by g==
[3beona.}-
217. \d ccatnot to etceed$ gg ggggg
218.
There wlll be no Home Proteotlon/arrtlt Plan DS far of this Pg!eBm0H.
MN;PA5 (10/12)
LXH1b1J b
Case 12-46965 Doc 166-2 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) B - 323 30th Ave N Page 6 of 7
PUHCHAFACHEEMENT

Pa.e Date : ! Z3
4<. Property located Bl . ...
26.
227.
228.
229.
2$0.
231.
232.
23(,
234.
235.
236.
237.
238,
239.
240.
241.
242.
243.
244.
245.
(hoes)
)
TllS NOTICE coes N SA
NOTICE
is _Seller' Agent _Buyers Agent _Dual A Facilitator.
- ono.)---
Is @Seller's PgDht_ ni 0 Dual Pg0H|_rB0l|l!Ot.
~

~~~~P@ ../a
CV DISCLOSURE REQUIREMENT$.
L :assevq 88LNJA1|ON
PlEASE CHECK g0I7H|Ot|Ow|N LEON$;
_OuaI Agency representation DOES NOT2ppl ! his transaoton. Do not complete lM$ 230246,
_Dual Agency represantation DOES apply i is !l ction. Completf t/1e disclosure ln lines 231-246.
Broker represents both the Seller(s) R 4 e Buyer(s) of t tcper,involved In thl$ transaction, which creates B
dual agency. This 00BRSthat Broker a ts salespersons owa olary duties to both Soller($) and Buyer(.). Because
the prl leS may have oonflioting Int sts, Sroker and Its salesper s B{ prohibited /DH advocating exclusively Ier
either pary. Broker cannot BCl dual egent in this transaction wi the consent of both S||Br(S) B00 0ers).
8e||ers)and Buyer(e) aokno dge that
(1) confidential lnfor on communicated to Broker which regarJap( terms, L motivBtlDH to buy or sell will
remain confide I unless 8o||orajor Buyer($) Instructs Broker In wri to disclose this information. Other
information be shared:
(2) Broker a 6$Clespersons W|l ROlrepresent the Interest C either part to th triment oi D0 other: and
(3) Within limits of dual agency, BlDkr and |5 salespersons w|||Work diligently to
l00
With th nowlede and understanding of the explanation above, Seller(s) and 0u)ers)authorize a
and I salesperson to act 8dual agents In thib transaction.
Buyer
Buar ====
246. l Daw
MHF<(1012)
LXh1b1J b
Case 12-46965 Doc 166-2 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) B - 323 30th Ave N Page 7 of 7
2e. ADEN ANO PE N\MEAIN: c tl PUm @moI
21. mawoIpr o tb .rha_ Aa1. l1 ldndl 0 R Wpjp o () .
.1, Nt l vpnal o At W No m Punu Atru lc tu
2ea. t . M o t ntnt
t l 0prl t r for Ue prk a 0
tt l8Uar cd 8lK W
l mWile 0or ll "
"""
lWl
4 x x
\Il (]
214. x
|
.
8M lmI R| IWI
X10 A X
|M P
21 A
(Ml ill )
21. lNL ACUA DAT: FIMI Aopb
<7. 8V0M0w V0fUy & lu AQM111 .
29.
.
Tl IS A UOA\.lV NDIN C.O H!T QUYER(l) NiLlRS).
HO. tU DIRE LQ OATAX . COLT A AlAIAT NL
Tlb