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20 - Donation of certain property adjacent to Boys and Girls Club of the Red River Valley
City-of-Paris
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08-12-2024
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20 - Donation of certain property adjacent to Boys and Girls Club of the Red River Valley
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NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, <br />YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING <br />INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN <br />REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: <br />YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER <br />NO WARRANTY DEED <br />(SUBJECT TO REVERTER AND LEASE) <br />Date: June 25, 2024 <br />Grantor: THE CITY OF PARIS, a municipality <br />Grantor's Mailing Address: <br />135 SE 11t Street <br />Paris, Texas 75460 <br />Grantee: The Boys and Girls Club of the Red River Valley, a Domestic Nonprofit Corporation <br />Grantee's Mailing Address: <br />1530 NE 11' Street <br />Paris, Texas 75460 <br />Consideration: As a gift to the Grantee, for the Public good, subject to the Fee Simple Determinable <br />Condition detailed below. <br />Property (including any improvements): <br />All of Lot 1, Block 14 of the Replat of the Henry Clements "Fairview Addition" according to the <br />Replat filed of record in Envelope 495B, Lamar County Plat Records. <br />Reservations from and Exceptions to Conveyance and Warranty: <br />Fee Simple Determinable Condition: The property shall be continuously used by Grantee for charitable and <br />benevolent purposes supporting the youth of the Red River Valley by providing childcare and recreational <br />opportunities. If Grantee or its successors and/or assigns (of like charitable nature) fails to use the property <br />for this purpose, this property shall immediately revert to Grantor. <br />Lease: Subject to Lease with Red River Valley Fair Association, a copy of which has been provided. <br />Grantor, for the Consideration and subject to the Reservations from Conveyance and the Exceptions to <br />Conveyance, grants, gives, and conveys to Grantee the Property, together with all and singular the rights and <br />appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee's heirs, <br />successors, and assigns forever, without express or implied warranty. All warranties that might arise by <br />common law as well as the warranties in section 5.023 of the Texas Property Code (or its successor) are <br />excluded. <br />When the context requires, singular nouns and pronouns include the plural. <br />THIS INSTRUMENT WAS PREPARED SOLELY FROM INFORMATION AND ON <br />
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