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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 />disclaims�an resentations, warranties or
<br />behalf it o
<br />title r to the Pro . ert r s �ecifi ates and e other taxing entitles on whose s
<br />l ca11 net
<br />ves an
<br />closing Grantors on behalf of themselves H
<br />or otherwise of, as to concerning or with respect to the Property including -without limitation i e
<br />n character whether ex press or im died. oral or present fut
<br />m
<br />----
<br />guaranties of an
<br />m or _
<br />4 f suitability thereof for anv and all activities and
<br />the nature
<br />and condition of the ,Pro �ert� and the sus
<br />uses which Grantee may elect „to conduct thereon „iithe nature and extent of an�riht-of-way,
<br />ease�, ,)osl session,,, lien. encumbrance,,µ license reservation, condition or any other matter relating! in
<br />wad to the Prod ert iii°� the compliance of the Pro)erty or its operation
<br />an laws
<br />ordinances �, . . ' _ ..... . t�' or body,,. iv) the existence ,of any
<br />toxic or hazardous slops of an overnment or other authors
<br />— ulat
<br />or waste in,µ on, under the surface of or about the Propgqy y)
<br />mances or r
<br />I'l
<br />eoloical conditions.bincludid n� without limitation, subsidence subsurface conditions. water
<br />table underground water reservoirs, limitationsre ardi the „withdrawal of water and faulting.
<br />(vi)whether or not and to the extent to which the Pmro.....o^12 thnth_o.._f is _..... ,.... affected
<br />anN, stream surface or underground , body of water, d prone are floodplain, floodw
<br />d use restrictions rules
<br />wh ch the Pro ert or an� portion thereof matb subtect�ix) he ava lability o and
<br />utilities t es to
<br />....m�....�.� ..�.. _..... ._. ' or lap
<br />sal flood bazar (vii) ama
<br />1
<br />e viii z
<br />t
<br />which l y t _ � n. wage. was and electric
<br />and .... m — � ycapacities.m�a. o the Pro e4 rte' ....
<br />f lit allocated t �.
<br />thereof ncludin wthout limitation. the P ncludin r he ut 1 tin ava labso the b the relevant
<br />governmental or regulatory authorit �j,usa es of ad oi_nnin -jroppA xi'%. access to the Pro Iq
<br />or y portion the ,,,i 1 he.plans and sl ecif cations sizelocati or
<br />n rleof d the al n durabil ty structural mte rrt o ieration leasm� title to,
<br />ages
<br />use. desi � ualit descri �tio e coin �hance with t
<br />physical or financial condition of the Property or ani oorton thereof, or an i� ncome, expenses,,
<br />ing r
<br />to
<br />hark, hereof exu�bhenC otent als. s for or lfurtheraims n develoor etme�ertamin propene Prore xiv� the
<br />part..�_ M... t _.m.......__l. _ . e 1 nt of the P ..
<br />merchantability,` of the „Proy�ert or fitness of the Property for any articular„ lour ose (Grantee
<br />affirmm< that Grantee has not wrelied _on Grantors' skill" or pudgy t to selector furnish the Property
<br />an art ..... I �purpp§ew,, and that Grantor makes no warrant that the Pro ,)erty, is fit for an
<br />for.w..._
<br />particular purpose).
<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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