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Case 12-46965 Doc 166-4 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc

Exhibit(s) D 2900 Queen Ave N Page 1 of 7


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PURCHASE AGREEMENT
h8|0m0pprovodDyIh0Mlnn080IaA8800|0ll0n0|H6LIOHS,
wh|0h0l8c|0lm0Ny|lab|iQa/isincu\cIuse or mlsuseoIIhia!rm.
2012Mlhhe8oIaAaaolIlnoIHEL1ORB,Edina, MN
1. l0 - /
Z, Page 1 D
,t. ....
the sum of '
C
Dollars (.f ,
by 0 CHECK CAS! D NOTE as earnest money to b& deposited upon r.-siD Purchase
- . g qOnf.----,-'
A1reement by all parties, on or before the thltd Eurlnesl Day ater Final Acceptance, In D0lUS8CCDUHof llatlng
bfoker, unlea$ Qthetlse agreed to In writing, but to be returned IOBuyer 11 Purchase Agreement Is D0aCC0
PeO
ly Seller,
~,0UD\yO ., ==
desoriled .....
/ t-J _
Including 6l fxtures oo the following property, If 3Dy, own0d Dy Seller ano used and located 00 said propert,,
lnoludlng but 0 limi!0d to garden bulb$, plants, 8D!UD6 and trees; S0P S5H, 8\0IU 0UCI8, 6UI6h d0 wDUg8,
window shades, blino., IV!SB and ourtaln and drapery rods; attached ligh!lng XlU|6S and bulbs; plumbing
|X!UI0B,water 0eter,heating plants (with anyburners, non-fuel tanks, stoker$ and other equipment used in oon:lion
therewith), builtin air-conditioning equipmat, 0lS0IIOO air |ll6I, water sofen
.
er __j;_e,
bulltln humidifier BHU deh1miclfler, llquld fuel tank(s) _sa___:_and controls {! D
prpet of Seller), sump pump; attached tlevision antenna, cable jaoks and wiring; BUILT-INS: dishwashers,
garba ge disposals, trash compactors, CVSHS, cooktop stoves, microwave 0VSDS, hood f3nS, intercoms;
AnACHED: 08l0!lHg mirrors: 8@6 door CuP0!8 DO all controls: smoke 0tectors freplf SCfS0D, door and
heatilators; Pathe following petsonal property: , o _U ) _
_
/ebt lr
Z. ree pay H the following manner;
33, Cash ot c

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percent (%) of the sale price, or 0Dl In Buyer's sole discretion, which includes !00 00P0S
. money; PLUS
D. Z. Financing ot ,-' peroent (%) of the sale price, whloh wiff bE the total amount secured against tis properl
. to UROthis pun: hse.

37. SIch financing shall ba (check one) _a first mortgage; 0 B contract for deed; 0l _a first mortgage with
4 .. . as described In the atached

FO00D0U0
V 0DV0D00B D FHA D DVA 0 A1aumptfon D Contrtct PfO 0 Oher:
.
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40, The date oi closlns shall be_ ,/c< , Z /7
.
HN:PA-1 {10/10}
EXHIBIT D
Case 12-46965 Doc 166-4 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) D 2900 Queen Ave N Page 2 of 7
PURCHASE AGREEMENT
4i. Page < c_
9Z. Propert locted at .
+. This Purhase Agreement ._$ubject to R Conting1nc Ardtrdum for sale Buyer'$ propert.
(If answer is 1$, see attached Addendum.) . 44.
O
46.
(If ansW6r ls IS NOT, the closing of Buyer$ property, if any, may still afect Buyers Bbilit to DDin financing, if financing
is applicable,)
.
!. This Pur.chase Agreement._
.
subject to cancellation O a previously written p
u
Uhas agreement
48. dated , <
49. (1t an!war |8 IS, said oancellatlon shall be obtnec HD later than , 20 . If
50. said oancellatlon Is not obtained by said date, this Purchase Agrerent is canceled. Buyer and Seller shall fmmedlatBly
51. sign a Cancelston of Purchase Agreemrf confirming $id cancellation and directng all earne$t rioney paid
52. hereunder to be refunded to Buyer.)
+
58.
54.
Buyer ha$ been made awarof the Vail0bilt of property inspections. Buyer ,,,,to have D
property Inspection performed at 81ers expense.
. "hls Purchase Agraement
_
_1_
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subject to n lnspccton Coltingency Addendum.
(If anSWeIls IS, see ltaohed Addndum.)
56.
57. DEED/ARKETABLE TITLE: Upon perormance by Buyer, Seller shall deliver B
b.
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joined in by SCU60, l any. conveying
59. marketable titl0, subject to
.
60. (a) building and z0ning !awe, ordinances, and state and federal regulations:
61. (b) restrictions relating to U5U0 Improvement of the property witho
u
t efective frefturs p(ovlslons;
eg, (o) reseratlO of any mineral righ!s by the State of Minnesota;
63. (d} utility BO0 DIBDgS easements which do not Interfere with existing lmprovementsi
. (e) l@DS of terapts as Dl W8 (unles$ specified, not $\bJect to tenancies): : g' r
65.
D
; and
66.
67.
88. Sellet shall pay on the date of closing all real estate txes due and payable in all prior years including all penalties and
interest.
70, D euve..._,, on date of clO$iJg 0y detered real estate \X06 (e.g., IBR
71. :s,or $peclal asses$ments, payment of whi0h is required as a 0sult D the closing of !DB $81!.
72,
D [ __ .!.:=u,-1=--.-
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!O DATE OF CLOSING all Installments of speGial assessments certified fr payment, with the real estate taxes due and
74. payable In te ye4of closing.
1
.:
on date of closing all other special BS08SU0DS levied as
76. of the date of this Purchase Agreement.
1
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$pecial S8q$B!$ pending!$
Ulthe date 0|Hl8 U|0H0Agreement for Rl0VH0D!$that have been ordirii DyGya$sesslng -aaa.(Seller$
. provision for psymenl shall be by payment into escrow of to (2) I0CS !D 6SRB00 amount O !00 R508SP=D\6 or
SO. leee, 4 required by Buyer's fender.)
VN:P^-2(10/12)
EXHIBIT 0
Case 12-46965 Doc 166-4 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) D 2900 Queen Ave N Page 3 of 7
Z.
.

O.
PURCHASE AGREEMENT
Page Date
Property loCatSDat aZ t ee

/ . ..
1
u
yer shall pay any unpaid special assessment payable in the year following 0losing ant thereafter, the payment of
which la not otherise herein provided.
As of the date of this Purohasa Agreement, Sell$r represents that SSllr ._reoeived a notice
86. ragarding any new improvement ptoject from !ny assessing authorities, the costs of which project ray be assessed
87. against the propert Any such notice recaived by Seller after tha dte of this Purchase Agreement and before cfoslng
. shall be pr0vid0 to Uyi immediately. If such notloe Is Issued after the OC C S Purchase Agreement nd 0D
or before the date ot.clo$ing, then te partl$ HBy agree In writing, DH Ol befre the date of closing, to pay, provide
. for th( payment of or a$SUme the speciSassessments. In the absence of suoh agreement, eiher party may daclare
J. this Purchase Agreement canceled by wI|RSD notlce D the other party, 0llicensee repra$enUng or assisting the otler
Z
'
party, In which o8se VS Purchase. A
g
reement Is canceled. It eithr pary declares this Purhasl Agreement oatcelad,
Buyer Md Seller shall Immediately sign a Oflnctl/aton of U/0DS9 Agrttil&nt confirming said oancelJation and
94. directing all earnest money paid here.nder to be refunded to Buyer.
95.
. .
97.
ea.
99.
100.
1 Oi.
T.
103.
104.
106.
106.
107.
108.
a
u
y
er
sha
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pa
y
!' -! _
'
rea
l
es
t
ate taes oue
Md payable In the year Z />
Seller shall pay _e_. ,real estate taxes DUC and
payable In the year 20 /: . 0BClosing date is 0hBnged, the real 8S late dX9S paid shlll, if proraed, be adjusted
to the new oloslng date, Sel
l
er warrants taies due and pyable in the year 20 shdll .._-.
homestead oJassifioation.
If par 0lnonhomastead classification l8 ehecle(, Beller agrees to pay Buyer h closing $
t0w0rd 00 nonhOrlestead real estate tre$, Buyer agrees to pay any ramahlng balance of nonhomestaad taxs
when they becote DUB and payable_ Buyr shall pay real estate tes dui and paynble in the year foll owing closing
and thereafl1r, the payment of whi0R Is not otherwise herein provided. No r1presantatlons are made ooncsmiog the
amount of subeequent real estate taxes.
POSSESSION: Seller shall deliver poss0ssion of the property no later than attar closin
g
.
Seller agte
e
s tt remove ALL DEBRIS AND ALL PERSONAL PROPERT NOT INCLUDER EIN from the proper
by possession date.
109. PRORATIONS: All Interest; unit ownera' B$$0ClatlOr dues; rentsand ohar
g
aa for city water, cit sewer, electricity and
110. oatufal gas hall be prorated DSwB0D!D0 parties as 0ldate of closing. suyer shall pay Seller fr reminlng gallons of
1i1. fuel oil or liquid petroleum ga DO tt1e day of closing, at the rate Othp last fill by Seller_
l
-112_ TITLE AND EXAMINATION P5 quickly B reB$onably po$sible after Pin0l Acceptanoe of this |URB8u Agl'mint:
113. (a) Sellif shSll surrender any abstract of title and dcopy of any DWD0I'8title Insurance poli0y for the property, If
114, in Seller's possession or control, 0 BUY$t or Buyal''$ designated title service provider; and
115. (b) Buyer shall obtain HO title SCIC0 deterined necessar or desirable by Buyer or Suyar's lander,. including
116. but not limited to title seafChe$, title examinations, abstraoting, a title inauranoe oommitment or an atorney's
117. title 0pinlon at Buyer's seleotion and C0Sand provlte copy to Seller.
118. eSf sh"11 1$$ Selllr'$ btst eforts to provide marketable title by the data of closing. Seller agrees to pay all costs
119. ad fees necessary 00nvey marketable title lnoludlng obtaining and recording all required doouments, suDjeot Dthe
120. following:
121. In the event Seller has not provided marketable title Dythe date of closing, Selle( shall have an fddltlonal $0days to
122. mSkE tillB marketable or in the <ltirnatlvi, Buyer my wpv !itle UB!BCl9 by wfmqPDDlC lO Seller. Ii addition !O
!. the 30-day extension.
'
Buyer and Saller may, by mutual agreement, furher exend ho cloing du!. Lcking such
1U extension, either party may decfa(e this Purchase Agreement canceled by written notice to !Do O|lu| party, or
125. licensee representing or assisting the other party, in whioh oase this Purchase Agreemant is cncaled. aiher
12a. party deUlares this Puroha$e Agreement oanoeled, Buyer and Seller shall lrtnedlately sign Cancelat/on of
127. Pur<hse Agreement confirming Said cancellation and direci ng aII ea
r
nest money paid hereunder to be refunded
i 28,
to Buyer,
MNFAJ |10|1<)
EXHIBIT D
Case 12-46965 Doc 166-4 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) D 2900 Queen Ave N Page 4 of 7
131. SUBDIVISION OF LAND: If this sale constitutes or requires a subdivision of land owned by Seller, Seller shdll pay
132. all swbclvlsion expenses anO obtain all neCessBry governmental approvals. Seller warrants that the legal descd1thn
133. of the real propert to be conveyed Das been or Shall be approved for recording as of the date of oloslng. Seller warrants
i 4. that the buildings are or shall be conWuoted entirely within the boundary lines of the property. Seller warrants that
TC. \6| B a right of 0CHS to the property from publio right-ot-way. These warranties shall :urvive the deliver of the
136. caed or contract fof deed.
.
137. MECHANIC'S LIENS: Seller WUDSthat prior to the closing, payment in full Will have been made fr all lpbor, materials,
138. machinery, fixture$ or tools furnished within the 120 Dy immediately prereclng the closing D 0onne0tion with
T. oonstr1otion, alteration DIrepair of any $truitur1 0, or irprovement to, lD0 propert.
140, NOTICES: Saller warrants that eller D9not rsceivad an
y
|C!C0|0H any governmental authority as to condemnatlO
141. proceeding$, or violation of any law, ordinance 0l regulat!M. If the propert Is subject to res1riotlve covenants, Seller
142. warran's that Sll6r h$ Mt received any notice from any person OI authority as to a breach of tDe covenant. Any
143. U9D notices teCtived by Seller shl be provided to Buyer Immediately.
14. DIMENSIONS: Buyer aoknowtedges any dimensions. square footage or acreage of land or Improvements proyided
145: by Sell
er, third pay, or broker representing 0! assisting Seller are approximate. Bwyer Shll verif \H0 accuracy of
146. information to Buyer's satisfaction, lf material, at (uyer's sole co$! and expense,
147. ACCE$$: Seller agrees to 0llow reasonable access to the propert for performance of any surveys or Inspections
148. Bgreed to herein.
149. RISK OF LO$$: If there Is ny loss or damage to the pfoper between the date hereof and the date of Closing for ny
150. reason, Including fire, vandall$m, flood, earthquake 0I act of God, the risk of los$ $hall be on Seller. If the prper
151. 8destroYed 0Isubstantially damaged before the olosing date, this Purchase Agreement l$canceled, at Buyer's plion
152. by written notice to Seller or li0ensee representing or assisting Seller. ! Buyer cancels this urChSe Agreerent,
153. Buysr Md Seller shall lmmedlately sign a L0RCh0|0D 0 Purhs$( AgrMm1mt confirming Slid canc$llatlon and
1.4. directinall earnest money lOhereunder to be refunded to Blyr.
i 55. TIME OF ESSEN Cc: Time S of the essence in this Purchase Agreement.
158. ENTIFE AGReEMENT: This Purchase Agree!ent, any attached axhibit_s and any addend
.
a or a!endments signed
1 S7. by the paries shall oonstitute the entire agreement between Seller and Buyer and supersedes Bny other writtil' or
158. oral agreements between Seller and Buyer. This Purcha$e Agreement can be modified or canceled only In writing
159, signed by Seller and Buyar or by oparal1on of law. Tha prties agree the electronic signature of any part on any dooument
T. relted \0 this transaction constitUte valid, binding SlDBUI8 All monetary surs are deemed to be United States
161. currency fr purposes ot this Purohase Agreement. Buyer or Sellar may be required to pay certain closing cmsts, which
162, my efectively increase H0 0O outlay closing or reduce the proceeds ID0D0 sale.
163, FINAL ACClllNCE: To be binding, lDB U|CDB0 Pgreement must be fully executed by both parties and a copy
164. must be DSVIS0.
165. CAlCULATION OF DAYS: Ary calculation of ddy6 beglr on the fir6t day (calendar or ausiness Oays ae $pscified)
1 ee. following the occurrem;e of the event specified and Includes subsequent days (cBlendar or Eu$i!e$$ Days as $pecified)
167. ending at 11:59 P.M. on the last day.
168. BUSINESS DAYS: Ousiness Days'' are yS which 3IS POl 6allay$, undays Dl SldIC O| federal holldays unless
1J stated elsewhere by thi parties in writing.
170. DEFAULT: If Buyer d0iBults in any of the agreement$ heraln, Seller my Cancel thls Purchase Agreement, and any
171. perents rade hereunder, including earnest RDU0y shal l+ D0 retained by Sell0r S llquldated damages and Buyer
172. and Seller shall affirm the same by a written cancellation agt11ment.
173, If Buyer defaults In any of the agreements hereunder, Seller PBy terminate this Ul0D0 Agreement under the
174. provisions of MN Sttute 559.21. If either Buyer or Seller defaults in any of the agreement: hereundFr or there exists
175, RRunfulfilled conrlllon attet !B deta spactfied for fulfillment, aithar party may cancel this Purchase Alreement UGUBl
176. NSttute 559.217, Subd. .Whenever it is provid1d herein tat this Purchase Agraament S canceled, said tanguage
177. shall deemed a provision autloriiing 8 0lurtory Cancellation under N Statute .kT!, Subd. 4,
178. If this Purchse Agreement is not canceled DI trmlnted provided hereunder, Buyer or Seller may seel 8ClU
179. d<mags$ f<f brach of this Purchase Agrssmant C| specifio parorrMis of this Purchase Agreement; and, S to
10 $p1itic perormance, such action mu$_t D0commenced within six (E) months after such ID\ of 0.rlsM.
MNF(10/1:)
EXHIBIT D
Case 12-46965 Doc 166-4 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) D 2900 Queen Ave N Page 5 of 7
T. Propert located SI
PURCHASE AGREEMENT
_1 - /
?: ..
T. UUYbH HAS THE RIGHT TO A WALKTHAOUGH FEVllW OF THe PROPERTY PRIOR TO CLOSING TO
184. bTULIHTHAT THfi PROPERTY IS IN SUBSTANTIALLY 'HE SAME CONDITION AS OF 'lE DATE L
185. THIS PURCHASE ACREEMENT.
186. BUYER HAS RECEIVED A (cheok any that apply): K SELLER'S PROPERT DISCLOSURE STATEMNTOR A
187. _SELLER'S DISCLOSURE AlTERNATIVE$
1. DESCRIPTION OF PROPlRT CONDITION: See Sclcrs Prpert |5/DSU/0 Statemnt Df Selers /50/0$UR
T Altemtis for description oi disclosure responsibilities Md llniitalions, |any.
190. SUYER HAS REClIVEDTHE INSPECTION RPORTS, Ir fEQlIREO ev MUNICIPALITY.
191. BUYER ACKNOWLEDGES THAT NO ORAL REPRESENTATIONS HAVE BEEN MADE REGARPING THE CONDION
!< QFTH PROPER"
193. (Chec apprpr/Jt9 boxes.)
194. SELLER WARRANTS THAT THI PROPERTY 1$ EITHlR DIHEOTLOA INOIRECTLY L\N\J\'
196. lTY0 NO I CIT WATER D NO
i98. MSTEM
197. SELLER HTIF|E5tHAT SEl.LER cE-.t._!_NOW OF PSUBSURFACE SEWAGE TREATMENT
1. SYSTEM ON OR SERVING THE PROPERiY. (If answar l$ UObS, and 1he system does not require 0 6 permit,
199. S00 Subsurace Sewage TfStmet System l50|08/ Statement.)
. PEE W LL
201. SLLER CERTIFIES THAT SELLER _ .. .xo)KNOW OF A WELL ON OR SERVING THE
202. PROPERT (If answer is L ad well ls located on lD0 property, $S6 Wel Disclosure Sfffment.)
203. TIS PURCHASE AGREEMENT 0 :..BJCT TO A SUESURFAOE SEWAGE TfEATMENT SYSTEM
204. AND WELL INSPECTION CONTINGENCY ADDfNDUM (If 0SWBIS IS, 80B atached Addendum.)
205. IF A WbL OR sueSURFACE 5bWUbTbTMNT SYSTEM EXISTS ONTHE PROPRt, BUYER HAS
206. RECEIVED WLL DJSCLOSUF5 STATEMENT AND/OR P $UB$URFAC8 55WAGE TEATMENr SYSTM
201. DISCLOSURE STATEMENT
208. NO'lCE RGARDlNG PREDA'ORY OFFENDER |NFOHMTlON:lntormetlon regarding toe predatory ofender
209. reghry and persons rgl$tered with the predatory ofender re(lstr under MN 8UI0Z9.1bmay be obtained
210. by conteotlng the local law enforcement of!Qes In 1H0communit where the property h; located or te Minnesot
211. Department of Corrections at (651) 36172(0, 0f from the Department of Corrections W0D &lte at
212. ww.cr.state.mn.m.
213. HOME PROTECTIONJARRANTY PLN; Buyer aM elle| 3|0 advised to investigate the various home protection/
2i4. warrant pla.S avaflabla for purchase. Different home protecton/warrant plans have diferent covarage optons,
215. axcluslr, !imitations and serice fees. Most plans e>lu(e p(eaxl.tng conditions. (Cheak one.)
<Je. D A Home Protection/arrnty Plan Wiii be obtained and paid by0 oven D SELLER to be issued by .
""""(ChmDe]
Z11. 8 B 008RD\!D exceed $ mm.mmmmm
ZJ~ }Tere wlll be 00 MoPe. Protectlon/arrartty Plan M pa Of this Agteerent.
MNIP5 (1t/1.)
EXHIBIT D
Case 12-46965 Doc 166-4 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) D 2900 Queen Ave N Page 6 of 7
NOTICE
is 0 Saller$ Agent 0 Buyers Agent 0 Dual AFacilitator.
----""'-----....ggg@gj. .. .ewv# 8A.... . ..---
[|K0hf0)
5_Seller's Agent 0 Buyer's nt D Dual Agent D Facilitator.
AY#8n4&Nn^N -^... m1 qgpg
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22$. THIS NOTICE DOES l SA AGENCY DISCLOSURE REQUIREMENTS.
ZZ. ' L AGENCY eslNlATION
228. PLEASE CHECK Q.OFTHE FOLLOWIN LE bus.
229.
230.
231.
ZZ,
233.
2:4.
235
.36.
237.
238.
239,
240,
241.
242.
243.
244.
245.
0 Dual Ag0hCy |p|OSO!8!!Oh OOE O l5 transaction. Onot oomplete lnes J<9
D Dual Agency representation DOES apply is tra ction. Comp/ete th$ 0/SC/JSOJn fnes 231-246.
Broker repre$ints both ! Hle|[S] h Buyer(s) of t ropert involved in thiS transaction, which creates a
dual agency. This CBDSthat Broker a ts salespersons owe olary duties to both Seller(s) and Buyer(s). Because
the paries may have 0onfll0ln9 Int s\s, BFDker ld Its $ale$pe $ 0 [|DPlD|OO |OP advocating exclusively fr
eiter party. Broker 0anno act dual agent In this tra1saotian wit t the consent 01 both Seller(s) and Buyer(s).
Seller(s) and Buyer(s) aokno dge 0l

(1) confdential infor on communlct6d to Broke( which regaJs pr terms, or motivation to bu 0 sell will
remain confide I unlBSS Ssller(s) 0| Buyer(s) |06lu0lS Broker in wri to diSClCSe this Informaton. L0of
Information be shared:
(2} 6(0ker 8 S sa}espr$ons will 00 ||696D!! |hO|0B\Oeither par to th \|lD0H\0the other: End
(3) within llrlt$ of dual agency, Brokar PO \S salespersons will work diligently to
the 0
With th 0owledge dh0 understanding of the explanatloo above, Seller(s) BOD Buyer( a) authorize a
d0O

salesperson to aot as dual agents in this |0SOUR-
Uy0I.
246.
Uy ..
Date
<41.
248.
249,
250.
261.
.
j=s .
256.



2s1. N o/'

MNI^(10/12)
EXHIBIT D
Case 12-46965 Doc 166-4 Filed 10/08/13 Entered 10/08/13 12:26:28 Desc
Exhibit(s) D 2900 Queen Ave N Page 7 of 7
< ADOEN AND PE HUMBN1 A"hl ad1d1 11r iifi C tttlf Plhf Aqnment.
21. HWtvl lI |0 l Ii Ptt. Aglfni, lncUlf ad f$, DllM t () Ppi Ufl(1 )
0. NO'l DtUf a <Pll*I AtHMIO Agt * r N o tla PthlM A(nt 0R0ihouti
%t0w Q t . 0num"-
l, t 0o th propef, A$lthi PUJt1


PRPDauthorze lm |8bi KWdm
2. Mit pn r m0bMw,wm mRM
7, 0PM Twri,
I 80-o it PWh4
. Q .MPuhe o_ W
270.

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Z1. MNAC llACE DAtE! T |%AO&n D
X AV0 0M0hW\hflly eo P Areama la dllf.
279. 'l 1 A UQALLY &INDO CONAA 1 rUER() NlEUERA).
0, lFY D1E L!GAL O'AX lt!, CIU.T AN APPPRIA'E PFEML
W:P7(111
EXHIBIT D