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2. Visible and apparent easements over or across subject property.
<br />3. Rights of parties in possession.
<br />4. Any and all easements, restrictions, covenants, conditions and reservations of record, if any,
<br />applicable to the herein conveyed property or any part hereof.
<br />5. Any right of redemption as specified in Chapter 34, Subchapter B, Texas Property Tax Code.
<br />6. All oil, gas, and other minerals reserved by prior grantors.
<br />By acceptance of this Deed, Grantee acknowledges and agrees that the Property is being
<br />purchased and conveyed "AS IS" with all faults and defects whether patent or latent as of the
<br />closing. Grantorson behalf of themselves andtheother taxing entities on whose behalf it holds
<br />title to mthe . Pro ql:! s�aecifioall „wne at and disclaims ante ....... rel resentations warranties or
<br />pa anties,of anP kind or character, whether express or implied, oral or written, l2ast„present future
<br />or otherwise of as to.,,conceriung or with resoect to,,the Prope! ,....mcludinp,.without limitation J)
<br />the nature and „condition of the Proert and the suitabilitythereof for any and all activities and
<br />uses which Grantee may elect to conduct thereon, �ii�.,the nature and ,extent, of any „rift -of wad,
<br />leaserossession„ lien,_encum6ranceaiicense, reservation condition or another matter relating in
<br />an_way_to the Pro ert iii the „compliance of the Prope�°t or its o,oeration with any laws,
<br />ordinances or re ulations of am, _gpyernment_or other_author authority or bode iv) the existence of ani„
<br />toxic or hazardous substance or waste ins oo,,under the surface, of or aboutmthe Proper ivy
<br />geolapical conditions including without limitation, subsidence subsurface conditions, water
<br />table underground water reservoirs limitations regarding. _,the withdrawal of water and faulting
<br />whether or not and to the extent to which the Propertmmor ani^ oortion thereof is affected bin
<br />qp�, stream (surfaceor underground bod�m of mwater mfloodwr�rane area, floodplain fJoodwa or
<br />511ecial flood hazard ivii wdraina a �viii� tonin g_or land „use restrictions rules and re plations to
<br />which the Pro ,ert „µora portion thereof may be subiect fix" IT the availabilityof ani utilities to
<br />ft.,ftperlyor ani .onion thereof includin roelectricw
<br />without imitation water sews a as and
<br />and including,...._thew utilir. ava�ylabilitr _capacities_ allocated to the�Proe„µ bwwwW,the relevant
<br />overnmental.or re a latoL mauthorit . x' use: yes -of ad oimn � ro a (xis access, to the Pro _cert
<br />or an i onion thereof xii' the value compliance with the ans and specifications, size, location,
<br />age, use„,dlign cos, descr l tion, durabih , al mte ,it operation leasin title to,wwor
<br />atructur
<br />Dh �si� cal or financial condition of the Pro or an w Lprtion thereof,. or an�� income, expenses,,
<br />char re� s liens. encumbrances _rights or claims on or affecting or pertarung to the Proem orm ani
<br />Dart thereof, xiii .... the _potential forfurther „development of the Pro ertr µµµo(.xiv)µ the
<br />merchantability of the, Prol yea � or_ fitnessµ, of the Prp� ,Jor ani m� icular mpau� dose 'Grantee
<br />affirming, that Grantee has not relied on Grantors°,skill or jud meat to selector furnish the Prop
<br />” �rerty
<br />for.,an agicular purpose and that Grantor makes no warran that the Pros e¢ y, is fit for an
<br />particular pu_pr ose).
<br />Ownership of any single Property conveyed by this deed shall revert to the City of
<br />Paris, at its sole option without compensation to the Grantee, should any of the following
<br />events occur during the period in which the Grantee has an ownership interest in the
<br />Property and during the term of the `5 in 5' Program agreement between the City of Paris
<br />and Grantee or Grantee's successors (said agreement is hereby incorporated into this deed
<br />by reference as if written word-for-word herein): (1) failure to maintain the property as
<br />required by law, evidenced by any affidavit of violation being filed against the Property by
<br />the City of Paris (or any other governmental unit) in the deed records of Lamar County,
<br />(TAX FORECLOSED PROPERTY — PRIVATE RESALE — 5 -IN -5 PROGRAM), Page 2 of 4
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