|
IJOV-30-2007(FRI) 16:0J CENTUky L I tXtLult4t htnL I 1 rn ~ ~ ~ w, ~
<br />COMNt~'.RCIAL A.N17 INDU6TR:CkL
<br />Rr.,aL Esr.A.TE s&LE CONTRAcr
<br />l. P.4RTIES: 'I'his canu'aot ("ContraeG") is mude by Estd betwcen Chambless F:►wilv Tr_usr
<br />("Seilzr") autid Ziiy►:nerrnan PRropertws Deve►apnient~LY~C ancilur assi("Buyer"), tlrid iS Lt~ectivv
<br />sx ot thn dut~- and time af accCptanee on the sigtinTUre page of zhi5 Cantract (the "Metlv~ Dati:").
<br />2, PROYGRTY; 5nlinr seils to Buytr urul Buyer puiChasas from Sntlar ft rwlI ri5tatI; ttiat Is
<br />locatcd 'ut L:trnar Cowuy, Pac•id, TexcopsiStFlig ot' apry~ximately 6.50* aS~`ct~ livtll 131wIz, 116 uf'
<br />tht Eituoh Sttrvcy+, abstract 208.
<br />SFX, A'ITACIMD EXW13PY' `A', LEGAL 4N SUitVEYTQ GOV-ERii
<br />3. EJ4CGt''T'IQNS. Tht PrnperCy shotl be sub,ject, liowev,r, to tbe Pat-mitred Gxceptipn~ (us
<br />dLfGied in pdrng►tpu 8 ai' ChiS CrauLraet), and du: exiscit3g 1t2ses, coniraets uitd flgreemcnts disclosud by
<br />Seller to Bwyar pursuaiit to paraU«nh 19 of tiiis Cantrac[,
<br />4: PURCHASG PRiCE: 1'he purch-,= ptiua shall ba 't'hrau IEXundrecl T1►ouimad flnd 0106
<br />oOu amoufnt of nnc thousand
<br />(530D.0L0.ft11), aash wltich 8uyer agrees to pay as tc,l law~: lartrestNfon
<br />snrl ObfibB etali4?s fS1010•0 6 as "Urnest ManoY" wtiieli is Yn be dVositcd witlun teii (!Q) ausinvss
<br />dayd pF txpCation Rf th[s COntract in a trust or *acraw accaunt of IfffteYter-Fu'r "Y'itrn Cam mr►W g333
<br />- - - . ....n. . . - irt ...L.. .o411
<br />.swrlr :~vnlntn~P~~.~
<br />Wlth l'A[iC TiflC C0 O[I 33 P'IYSt `.S'iCLEI' PI W Ctl['LX, I CXS45 la~uu nuu: ~uw., •
<br />to scaure 1itlb wark, ng prt a~' ~h~ ~ansidaratioil aY the snlC; the purcliasL prlot to l~e ~~aic! ii~
<br />guarantead funds or cuhler'a cherk at Clcsins (us dcfiined in thiy Contract), adjusted at Claszng ibr
<br />ptoratiqns, closing costs e,nd aChbr Ag'Cc~d AdjIIsImGALS. I3uytlP mld Saller alsq 0-gme to d1e i'nllawing;
<br />+ Qn Mareh T, 7008, Buycr will torwnid "Additlonal EaMOSr Monvy" in rlte ninount al"
<br />Five Tt7ausaud Doliai-6 L$15,004•0M that wilt bc Cansidered nea1"C0UAdWL' S1 C{78I t1111us
<br />and will bn erediLed towurd the Pui-clt.ase Prict at Clbsing.
<br />on A«2nt~a, Buyar v~rilt forw4~~d "'Adcfitionnt Sorucst Mas~ey" in the anYntmt af
<br />' Tn►i y'bansa„d Dollars ($10.000.00) tliut N++ill be cansidered nan-refundabie at that time,
<br />and will bn crediterl toNvard the Futmhnse ['rice at Closiitg.
<br />+ 5cilar slall proviLio n SU' auwment frotn said ptbperiy to t.amar Avvnue to provido
<br />access and utilitii:s intfl said prapcrGy. Buyec ngt'testo trulke all 'tsnprovamants to die
<br />euuanitnt aud worlt wlCh the City oP ParLy To ltave It 8edicated to the City, Wiehin this
<br />easement, BuYer will be ellarved to in5tal1 r'ovdwuy far access, Wuter, suWer, and elocCr'te
<br />utilltieS, and an cC1try mODUtYIe►lt SigliOLr that will nnrlounco zltd property an Lamat'
<br />Avenue,
<br />5, CL4S1140 DATB: SuWect to all rhi! pi-oviBfans of tltis Cantract, thn elosing crCtltis Conctnr-k
<br />(tlie "Closing") slutll takn place at thn atfices of tlle"f iite Corniusn), (as heeeinaftr deTinecl) ar such otttu
<br />plaCc ts tlte pa1'tioS l734titF111y aWee OCt Di' bnPotq lh~ ~1~~ day of d~tobar, 7~19 t14C~t0 bY 1T1t1tLL1~I con6cLlt,
<br />Et1Id ~7d56C55IUCt Slldll bC GCLI1'G!'CCI ~1C~ CI051Rg, Cbntraat tiaill beeaine iiull fuid void aft(tc this datc, untess
<br />extanded by murual agrcement.
<br />6. E7{tSTIhIG rINANCIIVG:
<br />d~ads af cru.,-r ant11 Clasing.
<br />auyar fnititsls
<br />5eiler lnitial&*/
<br />5nlter sliall mat:e aily paynlents t'eQuirod pn rxist'Ing rnortbages or
<br />7~;ntabRlf,BG 1b=10 LQ0Z15ZlZS
<br />r- •
<br />; 0 0 0 ~ 1 ;
<br />
|