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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

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