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<br />r' II} l",errll 0,,11 I" 'Im.,,,i1,1I . 1.111011.11 "i1WI _____. IIH.lllmt,,,,,..i ~ each,
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<br />""~m"llll~ ,'11 rill' _.___ .1.11' 01 _. ' 1"__, IllJ w,,"nllm~ regulally ,heleaf,el unullhe
<br />
<br />___ J"y "I ____-------' 1"_, ,10.1 Iherealrer III [J momhly 0 annual 0 O,hel:
<br />
<br />____ 1II"..lIl11elll' .., S___ ' 'lllduJ,n~ IIIlere.1 [] plu~'lmelesl, beglnnlllg on rhe
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<br />__ .lal' ,~' _________________, Iii _, ,,".1lonllnlllll~ regularly thmailel unlllthe _ day of
<br />____..________. _ ____, \'1 ...." Wlil'lI tlw ,'nlllr ,11111111111 "'I'lIlIfll',11 ,Ind IIllelN rhrn lemalnlllg IInpald ~h411 '"
<br />,lilt' ,111.1 raY,ll.le
<br />
<br />II (4\ nlc Noll' ,11;\III'r"I'1I11' I..r ""I~'r\"n,,1 0' ,"II'Or.IlI' II"hIIIlV III till' ,'I','nl 01 a d,'f"ull, II helll~ 1I",lem'Mwlrhat rhe ImlJel u(
<br />the NOlI' m,11' t,..k only rll rill' IWIIIIV I',ol'l.led hI' Ihe [)I'ed 1I11llltr ,11111 relallled l'endo"1 Iren 10 enlurer Ihe payrnenlIII Ihr
<br />mde~reJnrsl '
<br />Any Selle, Iinanwl nole may he prepallllll wlll.le olm ralt at any rune without penalty Any prepav'menu arc to be applred loward the payment
<br />1.1 the Il1\tallmenll 01 plinClp-..11a11 IIliltullnf ,'UI Interelt thalllmmedlalely cea.e upon amoum o( pllnclpal prepaid, The Iren lecullng payment
<br />o( luch nOlI' ,.,,11 be m(ello, III :II1Y hen \eClJrulg ;Jnv Ilia II amlllled, taken lubJeCtto IIr gIven In cllnneCllon wllh thin! panl (rnanClng, Each
<br />nole herein rnwidcJ thall be .e(lIled by \'en,IIII'1 and PecJ III TIIIII heO!. A Vendlll" Lten 01",1 Oeed o( TOllI 10 secule any a'sumplion, 01
<br />Buyet\ r:rflllm;rnce II laken ,"hJI'CI trI, ,hallllf lequllrd, whICh hcn .hall he OIuIIIll\alllally Ieleased IIn exrcuuon anJ dellvel)' III a Ielease
<br />by nOlrhc,I.Jer. In ca~e III Jllptlle ," h' Ihe form of Ihe Deed, Nllle(I), "I Deed III TruII(s), ".rms plepared by Ihe Stale Bar uf TexJs shall be
<br />\lied, Each ntllr hef'l'1I1 pnwI.JeJ th,llI CIIlllaln rnlVlSIOn till a"deratiun of malurity III the t\'Cor o( de(ault and (ur the pay men I oi leasonable
<br />arll>mey's Iee~ Illhe nlllt' I~ rb(ed m Ihe hOln.lt ot all a!lomey 1~1l clllICCllun,
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<br />S, EARNEST MONEY: $ 5 ,000.00
<br />Co
<br />hv hmh paille>,
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<br />II hell'wllh renJered alld is III be Jeposiled as Eamelt Muney with ~ t nnp 1; t 1 p
<br />as Escrow A~em, anJ plaeeJ In an InlereSI bearing account, upon rxecution oi lhe Contract
<br />
<br />__, IcIlL, IIr wllhlllleven
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<br />II III )SINl; fhe dll"n~ "I rI,,' ",I" Ilhl' '(I.","~ P,II"") ,halll.e IIn ", I,,'hlle _J),~_LJ .---
<br />(71 Jal'~ aher "~,edll'ns h' 1Il1c ha\'e "l'ell 11111'\1. "Iud'l'",'r .tlle " tuer,
<br />
<br />A. AI thc dC~IIl~, ~cllcr ,1",11 .Idll'er III Run'l, ,II :",lld, ",ie w>! and eXJ'COIe, rhe 1"II11wlll~:
<br />
<br />III A JIIII' eXWlleJ anJ :Kkll'l\\le,I~,'.1 tI,'ner.,1 \'(,',Ur.1I111' Pce,l "'ll\'eYln~ 1.....1 and inddeall~le lirle m (ee limple ll> all o( Ihe Propeny,
<br />Irre anJ dralof ,my JI1.I,llIlrelll, cncumbml1(I'I, "'IIJllIIlOl, easements, a!IC\5menrs, lelervatlllns and lesrriCllons, excepl as pelmllled
<br />herem and/1I1 arl'llIvcJ h Rlller In wllllll~:
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<br />(2) An Owner" PolICY oi Tille In.llr.IllCe (the "Tille Plllicy"l iSlued hy S t nn" Ti t 1 p r.n
<br />
<br />Illlhe tull amllllnt u( rhe Salel Price, Jared ,ISII( dll.ing, illlllllng BUI'rr's fee Simple tille to the Propeny to be good
<br />;mJ ml!cleatlhle ,uhltel IIl1h' IIllhll'>C Illle cxcerlllln. pl'lIlll!led helem, "I a~ milY be approved hy Buyel in Wrillng, and rhe Itandard
<br />prmlrJ excepllllllS cunlillllclllII Ihe II\lIallollll .,llht' Tlllr POlICY, I'rovl,leJ, huwever:
<br />Idllhc excerulln ,IS II' .\lea anJ ~llunJalll'S :-, ,hall nUl hr JclelcJ [~ ,hall be Jelmd mrpt fOl "any sholla~es in arca" and if
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<br />Jelele,1. III(h Jelellon shall he ,m e'peos,' ..1
<br />(Hthe execpllon oIl III re~II\(III'e CIII'el1;mt\ shall he ell,lolltJ "Nunc IIi RCCllrd";
<br />(cllhe excerllllll as h1 IiIXCl ,hall he IlInlled III taxesi'", rhe cunenr yeal ,lOd subsequent yean, and subsequenl alseslmenrs (01
<br />r"lll \'e;trs .IIII' I" (hJn~e~ rn l;rnJ Ula~e ,'1 "wlle~hlp;
<br />
<br />I)) Fllmlsh e\'IJence ,,' II! Colr,\(III' anJ aurh"llll' i.1l rhe d,"rn~ lit II1Il lr.rn~;\(IIIln;
<br />
<br />141 ExeCIIle all"lhcI n<<NaII' J"tumelltl II' (h"e rhls lransalrllln,
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<br />B. AI, Ihe dClSrn~, O\;\'CI ;11;111 perf;'lm rhc '01111" IIlW
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<br />III P.II .he (a,h 1""111111 IIllh,' :',II~, rllte;
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<br />12l hlCule Ihe ntllels) JOJ Jeed(I} "I 111111 rnwlded It" herelll;
<br />
<br />III FurnIsh ev,Jence ,~ III capaClI1' ;10.1 ,Mh""l\, '"r the cl'''ln~ .,1 rhrs mllla"ion;
<br />
<br />(41 Fllml,h III Sfller anJ/lII Tlun! rant, lenJcr, :n 1\1I\'er\ \'xl"-'n'c, ,I n"'"~:I~ee'l ro/rcl' l~sue,1 h' 11111' company ior the deed(s) o( tOlll he~lI1;
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<br />(Sl ExCCllle ,III ,'I her nece~I.If\' JOCIIll\Cnll II' d"lc rim lr.mIOlCIII'n,
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<br />,. FEASll\lUn 'IllW (\ulel X I; .:" 001 ~ranleJ rhl' lI~ltrlo wnduCl ,Ill l'II~lnCI'III1~, anJ/tlll1I:llkel :lnJ ecommic irasiblltlY slUdy ("Frasibiliry
<br />~Iu,h"l "'lhe rh'pelllllllhe cwnl Rlllcr IS ~ranre" 'lll;h lI~hl, lIul'cI ..h,11I holYC 1.L- dal'~ hllm the effeCtIve .laIc hereof 10 perform
<br />'"ch ,ltlJI, allJ 101111' re~an!,IIII\'Cf ,"1m "~sl~lIall'" ,1~l'nr' m;11' ,'nlel uron Ihc Pnlrcrt\. li'l pllrpo.et ,,( luch analym, cOle drilling, 01 other
<br />IClls 311l11O'J'CclI"n; "llId. RMI bl' ,1,'cll1eJ neCelS:1I1' "I' 1\11\"'1, II Buyel J,'lt'II1IIIII'S, In 1111 '<lIe lnd~rnenr, lhal rhe Property is nlll suitable
<br />101 alllle....'n fi,r I\IIW\ IlIIen,lc,III'e "I I'urpo'e, (limnll,I'1 lila\" ..n ",fillI'n nllll((' III :;dlcr IlI1 01 helOle ~ JaYI (rom Ihe e((eClive
<br />.laIc hl'rellf. lermlOalC Ih" ,1J!,\'ern,'nt, an.1 n ,1,alll,1' null an,1 1'111.1 IlIr ;1111'"'1'"'''' ,m.l Ihe E:lme\1 Money .hall be lerumeJ 10 Buyer, (( the
<br />"rnlen OI'lIce ,! n,ll ~lI'en tll St,lIer wnlun luch rellllll. lhi, (OnJllllln anJ ;tny anJ all ohleCllons wnh respcClto the Frasibility Study shall
<br />be ,leem~J h' hal'e heen "'011\'1'.1 ..... !\lIyer li'l all rUf'ptI\e" III the eventth" ConlraCl shall nlll clelSe, Ihrough no (ault of Seller, Buyel shall
<br />rel!llre rhe Pn,!,elll' ICI III ""Rlllal ((1ndilll'n, II ch;m~\'d .IIII' IU rhe I(m and lll'pl'Clillnt pcrt'ollned by Buyer, and shall provide Sellel wilh
<br />a cor" III Ihe le,ulll "I ;101' 11','1 ;In,IIJ\\pwlllI1t m...le by Buw, exdu,llll~ any m..rket anJ ewnomrc fmibililY studies,
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<br />II. RWt.:ER'SFEE: -1lhH.ake.r.JJ.ultice Centnry 21
<br />
<br />6%:
<br />
<br />listing
<br />
<br />Bn,kel 1_ ".j alld
<br />Co-Bh,h'I(_.'~I) (c..llt'CIII'l'h' rllt' "Bhlk"I"\, ,1\ Blllhr, h;1\ lIe~"'lI;lle" Ihll ';111' an,l Sdler agrce. III pay Brokeh~~~~)unry, Texas,
<br />oil ",",ummall,'n "Illlij ~ale IIr .'n ~eller" ,11'I~1II1r (1Il1lell IItherwite pnwi,lell hcreln) ,I lOlal CJlh Ice ",'
<br />"i Ihe lOlal S;ll~s PIICe, IIh,ch E,crl1ll' ,A,~cnr ,h;lll 1',11 111'111 Ihe s,lles pflltel'dl.
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<br />'1 rOSSESSION. Thc 1"'''''''"'" .., rhe rrlll'l'lIr ,11,.11 "..' .1"11\'1'11'.1 f1' (\111"'1 ;II 11I1I.l1Il~, '
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<br />It', ~1'ECI:\1. I'ROVI~IONS
<br />Seller shall provide buyer with necessary clearance from E.P.A.
<br />Property shall be rendered free and clear of any hazardious materials
<br />or waste.
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<br />1111"'" r," 11..1 ,I,'h'IIII'III' ,lid I,,, ""'" .111,111, Il'l'h, "H,' I,' rill' "lid
<br />
<br />r:~WIr?\T A
<br />tr.:; !D,: I
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<br />n/l(i- 2
<br />" ,,:t..r
<br />~ ; \'~i-
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<br />l'll\ I ~
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<br />9/81
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