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07-03-03 O~:55AM FRO~VOGEL LAW FIRM FARGO 7012370847 T-183 P.16/2T F-8~I <br /> <br /> EXIilBIT 3 <br />PURCHASE AGREEMENT <br /> <br /> THIS PURCHASE AGREEMENT, entered into as of the _~o day of ~t~~''~ <br />2003, by and between Tim Hin* ("Seller"), and Wayne L. Miller and Virginia C. 'Miller <br />(collectively, the "Buyer"). <br /> <br /> In consideration of the mutual terms, covenants, conditions and agreements hereto <br />contained, it is hereby agreed by and between the parties as follows: <br /> <br /> 1. Sale of ProperS. Seller agrees to sell, convey, assign, traoqfer and deliver to <br />Buyer, and Buyer agrees to purchase, acquire and take from Seller the following described <br />properly: <br /> <br />All that real property located inthe County of Cass and State of North Dakota, <br />described as follows: <br /> <br />Lot Six, in Block Twenty-five m Plat of South One-half of <br />Egbert, O'Neil and Haggart's Subdivision and adjacent ways <br />Dedicated, filed m Book D of Plats, at page 15, being a part of <br />Egbert, O'Nefl and Haggart's Subdivision of the Northwest <br />Quarter of Section Twelve in Township One Hundred Thirty- <br />nine North, Range Forty-nine West of the Fifth Principal <br />Meridian, in the City of Fargo, County of Cass, and State of <br />North Dakota. <br /> <br />and more commonly known as 498 25th Street South, Fargo, North Dakota, <br />together with all buildings, improvements and fixtures situated thereon or <br />affixed thereto, and together also with all hereditaments and appurtenances <br />belonging or in any way connected thereto (the "Subject Prenuses"); <br /> <br />B) <br /> <br />The personal property located on or used in connection with the SubJect <br />Premises more particularly described on the Bill of Sale attached as Exhibit <br />3A (the "Personal Property") <br /> <br />2 Purchase Price and Paymen.t~ <br /> <br />A) <br /> <br />The purchase price to be paid by Buyer to Seller for the Subject Premises <br />shall be the sum of $lO0,000 paid by Buyer in cash or certified funds on the <br />Closing Date. <br /> <br />B) The purchase price to be paid by Buyer to Seller for thc Personal Property. <br /> <br /> <br />