11 Ordinance - 3700 block of Bonham

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Commerciai Contract - Unimproved Property Conceming Corner of Loo 286 and HW'V 82 West aware ❑ B. Except as oth structues, p Is, wastecspr Seller Ior imp of:vements; _ (1) any subsurface: (2) . any pending or threatened litigation, condemnation, or assessment afFecting the Prope y; (3) any environmental hazards or conditions that materially affect the Property; (4) whether the Property is or has been used for the storage or disposal of hazardous materials or toxic waste, a dump site or landfili, or any underground tanks or containers; (5) whether radon, asbestos containing materials, urea-formaldehyde foam insulation, lead-based paint, toxic mold (to the extent that it adversely affects the health of ordinary occupants), or other pollutants or contaminants of any nature now exist or ever existed on the Property, (6) any wetlands, as defined by federal or state law or regulation, on the Property; (7) any threatened or endangered species or their habitat on the Property; (8) any present or past infestation of wood-destroying insects in the Property's improvements; (9) any contemplated materiaf changes to the Property or surrounding area that would materially and detrimentally affect the ordinary use of the Property; (10) any condition on the Property that violates any law or ordinance. (Describe any exceptions to (1)-(10) in Paragraph 12 or an addendum.) are when 20. NOTICES: All notices befinreen the parties und i't equested, or ent by facsim le transm'ss on t the hand-delivered, mailed by certifed matl retum ecep parties addresses or facsimile numbers stated in Paragraph 1. The parties will send copies of any notices to the broker representing the party to whom the notices are sent. ❑ A. Seller also consents to receive any notic mail at Bulye~'s e-mail add ess st ted in Par g aph 1. ❑ B. ; Buyer also consents to receive any notices y e any ispute 21. DISPUTE RESOLUTION: The parties agree to seg{eiacanno9 be restolvedaby negot ation~lthe parttles w II related to this contract that may anse. If the dp will are costs submit the dispute to mediation before resorting tS Nbvtes tte m nation lof th sdcont actaThishpa ag aph does a mutually acceptable mediator. This paragraph not preclude a party from seeking equitable relief from a court of competent jurisdiction. 22. AGREEMENT OF THE PARTIES: A. This contract is binding on the parties, their heirs, eicecutors, representatives, successors, and permitted assigns. B. This contract is to be construed in accordance with the laws of the State of Texas. C. This contract contains the entire agreement of the parties and may not be changed except in writing. If this contract is executed in a number of identical counterparts, each counterpartis an original and all D. counterparts, collectively, constitute one agreement. ; E. Addenda which are part of this contract are: (Check all thaf apply.) 0 (1) Property Description Exhibit identified in Paragraph 2; 0 (2) Commercial Contract Financing Addendum; ❑ (3) Commercial Property Condition Statement; ❑(4) Notice to Purchaser of Real Property in a Water District (MUD); ❑(5) Addendum for Coastal Area Property; ❑(6) Addendum for Property Located Seaward of the Gulf Intracoastal Waterway; and ❑ (7) ' Note: Counsel for the Texas Association of REALTORS@ (TAR) has dero~!ate for use with h's form.~ing addenda which are promulgated by the Texas Real Esfate Commrssion (TREC) or published by TAR are app p lf*A and Seller/a&m_ Page 10 of 12 (fAR-1802) 10-18-05 Initialed for ldentification by Buyerhw_ . Montgomery - M Produced with ZipForrrO by zipLogix 18070 Fifteen Mile Road, F2ser, Michigan 48026 wvrv+.ziDL.oo~X.com y.. OOC65~