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<br />Mar 06 2003 1:47PM <br /> <br />A-orne~ At Law <br /> <br />S~85S073 <br /> <br />p.4 <br /> <br />1. The Inspection Period for completing all of the examinations, <br />tests, studies, inspections and other inquiries into the <br />Property described within Section 3 of the Contract is <br />extended from March 14, 2003 until June 16, 2003 at 5: 00 <br />o'clock P.M. It is agreed that Purchaser may provide the <br />written notice to Seller and the Title Company of termination <br />of the Contract at any time prior to 5:00 o'clock P.M. June <br />16, 2003, and receive a refund of the Earnest Money, and <br />Section 3e(ii) is amended accordingly. <br /> <br />2. The Time of Closing described in Section 6a of the Contract is <br />extended from April 1, 2003 until July 1, 2003 at 11:00 <br />o'clock A.M. The Place of the Closing will continue to remain <br />at Stone Title Company, Inc., as stated in the Contract. <br /> <br />3. All other terms and provisions of the Contract, except to the <br />extent hereby extended or amended, shall remain in full force <br />and effect, as written. <br /> <br />4. All capitalized terms used in this Extension shall have the <br />same meaning as defined with respect to them in the Contract. <br /> <br />IN WITNESS WHEREOF, this Extension is executed by the Seller <br />and the Purchaser on the dates set forth in the respective <br />signatures below. <br /> <br />SELLERS: <br /> <br />City of Paris, Texas <br /> <br />By: <br />Larry Schenk, City Attorney <br />Date: <br /> <br />Paris Independent <br />District <br /> <br />School <br /> <br />By: <br /> <br />Print Name: <br />Print Title: <br />Date: <br /> <br />2 <br />