Public notices
PUBLISH
(March 16, 23, 30,
2019)
NOTICE OF CAN-
CELLATION OF
RESIDENTIAL
PROPERTY
PURCHASE
AGREEMENT
(with right to cure)
YOU ARE NOTIFIED:
1. Either a default
has occurred or an un-
fulfilled condition exists
in the Purchase Agree-
ment dated October
17, 2018 in which ARR
Construction LLC,
(“Seller”), agreed to
sell to Alan Picha and
Penelope Picha,
spouses married to
each other
(“Purchaser”), the real
property in Brown
County, Minnesota, le-
gally described as fol-
lows:
Lot 1 Blk 1 Domeiers
Subdivision. Parcel #
230.014.001.02.010
Check here if all or part
of the described real
property is Registered
(Torrens)
Identified in the Pur-
chase Agreement as:
17050 Lakeside
Road, New Ulm, Min-
nesota
2. Seller is serving
this Notice of Cancel-
lation (“Notice”) on the
other party.
3. The default or un-
fulfilled condition which
cancelled the Purchase
Agreement is as fol-
lows:
Failure to close the
transaction on Janu-
ary 15, 2019, as re-
quired by the terms
of the Purchase
Agreement.
THIS NOTICE IS TO
INFORM YOU THAT
BY THIS NOTICE THE
SELLER HAS BEGUN
PROCEEDINGS
UNDER MINNESOTA
STATUTES, SECTION
559.217, TO CANCEL
YOUR PURCHASE
AGREEMENT FOR
THE PURCHASE OF
THE ABOVE PRO-
PERTY FOR THE
REASONS SPECI-
FIED IN THIS NO-
TICE. THE PUR-
CHASE AGREEMENT
WILL BE CANCELED
90 DAYS THE FIRST
DATE OF PUBLICA-
TION OF THIS NO-
TICE UNLESS BE-
FORE THEN:
(A) YOU HAVE
FULLY COMPLIED
WITH ALL OF YOUR
OBLIGATIONS
UNDER THE PUR-
CHASE AGREEMENT
THAT WERE RE-
QUIRED TO BE PER-
FORMED AS OF THE
DATE OF SERVICE
OF THIS NOTICE IN-
CLUDING, WITHOUT
LIMITATION, THE
ITEMS OF DEFAULT
SPECIFIED IN THIS
NOTICE AND THE
UNFULFILLED CON-
DITIONS SPECIFIED
IN THIS NOTICE ARE
COMPLETED, IN-
CLUDING, IF APPLI-
CABLE, COMPLE-
TION OF THE PUR-
CHASE OR SALE OF
THE RESIDENTIAL
REAL PROPERTY
ACCORDING TO THE
TERMS OF THE PUR-
CHASE AGREE-
MENT; OR
(B) YOU SECURE
FROM A DISTRICT
COURT AN ORDER
THAT THE TERMINA-
TION OF THE PUR-
CHASE AGREEMENT
BE SUSPENDED UN-
TIL YOUR CLAIMS
OR DEFENSES ARE
FINALLY DISPOSED
OF BY TRIAL, HEAR-
ING, OR SETTLE-
MENT. YOUR AC-
TION MUST SPECIFI-
CALLY STATE
THOSE FACTS AND
GROUNDS THAT
DEMONSTRATE
YOUR CLAIMS OR
DEFENSES.
IF YOU DO NOT DO
ONE OR THE OTHER
OF THE ABOVE
THINGS WITHIN THE
TIME PERIOD SPECI-
FIED IN THIS NO-
TICE, YOUR PUR-
CHASE AGREEMENT
WILL BE CANCELED
AT THE END OF THE
PERIOD AND YOU
WILL LOSE ALL EAR-
NEST MONEY YOU
HAVE PAID ON THE
PURCHASE AGREE-
MENT AND YOU MAY
LOSE YOUR RIGHT
TO ASSERT ANY
CLAIMS OR DE-
FENSES THAT YOU
MIGHT HAVE.
HOWEVER, IF
WITHIN THE TIME
PERIOD SPECIFIED
IN THIS NOTICE YOU
SERVE YOUR OWN
NOTICE UNDER MIN-
NESOTA STATUTES,
SECTION 559.217,
YOUR PURCHASE
AGREEMENT WILL
BE IMMEDIATELY
CANCELED, BUT
YOUR ENTITLEMENT
TO EARNEST MO-
NEY MUST BE
DETERMINED BY A
COURT OR DETER-
MINED BY ARBITRA-
TION IF AGREED TO
BY THE PARTIES.
IF YOU HAVE ANY
QUESTIONS ABOUT
THIS NOTICE, CON-
TACT AN ATTORNEY
IMMEDIATELY.
4 The name, address
and telephone number
of the party serving this
Notice or of an attorney
authorized by that par-
ty to serve this Notice
is:
Name: Jared Koch
Attorney for party serv-
ing
Address: 100 Warren
St., Ste. 400
Mankato, MN 56001
Telephone Number:
(507)345-1166
THIS INSTRUMENT
WAS DRAFTED BY:
Jared M. Koch
Blethen Berens
100 Warren St., Ste.
400
Mankato, MN 56001