11.02 Close Converse Commercial Listing Contract

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COMMERCIAL LISTING CONTRACT: EXCLUSIVE 263. Page 7 264. Property located at Approx 85 acres known as The Heart of the Good Life Development 265. ADDITIONAL NOTICES AND TERMS: As of this date Seller and/or Lessor has not received notices from any 266. municipality, government agency, or unit owners' association about the Property that Seller and/or Lessor has not 267. informed Broker about in writing. Seller and/or Lessor agrees to promptly inform Broker, in writing, of any notices of 268. such type that Seller and/or Lessor receives during the term of this Contract. 269. This shall serve as Seller's and/or Lessor's written notice granting Broker permission to obtain mortgage information 270. (e.g.,mortgage balance,interest rate,payoff and/or assumption figures)regarding any existing financing on the Property. 271. A copy of this document shall be as valid as the original. 272. MISCELLANEOUS:This Contract is binding upon the heirs, successors, and assigns of the parties. 273. All of the representations and covenants of this Contract shall survive and be enforceable after termination of this 274. Contract. 275. This Contract constitutes the complete agreement between the parties and supersedes any prior oral or written 276. agreements between the parties relative to the provisions herein. No amendment, modification, or extension of this 277. Contract shall be valid or binding unless made in writing and signed by both Seller and/or Lessor and Broker. 278. This Contract shall be governed by the laws of the State of Minnesota. 279. ENTIRE AGREEMENT: This Contract and any addenda or amendments signed by the parties shall constitute the 280. entire agreement between Seller and/or Lessor and Broker. Any other written or oral communication between Seller 281. and/or Lessor and Broker, including, but not limited to, e-mails, text messages, or other electronic communications 282. are not part of this Contract.This Contract can be modified or canceled only in writing signed by Seller and/or Lessor 283. and Broker or by operation of law. All monetary sums are deemed to be United States currency for purposes of this 284. Contract. 285. ELECTRONIC SIGNATURES:The parties agree the electronic signature of any party on any document related to this 286. transaction constitute valid, binding signatures. 287. CONSENT FOR COMMUNICATION: Seller and/or Lessor authorizes Broker and its representatives to contact Seller 288. and/or Lessor by mail, phone, fax, e-mail, or other means of communication during the term of this Contract and 289. anytime thereafter. 290. OTHER: 1)The current discussions with a company to purchase approximately 4 acres shall be excluded from this listmg agreement. 291 2) The purchase agreement shall be done using the form provided by Seller's attorney. 292 3) Electronic signatures will be used if allowed by State law. 2s3. ---DONE--- 294. 295. 296. 297. 298. 299. 300. 301. 302. MNC:LC:E-7(8/19) M I N N E S O T A REALTORS �__.___..._� .