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TEXAS ASSOCIATION Or FhALTUxS` <br />COMMERCIAL CONTRACT - UNIMPROVED PROPERTY <br />w or nn Toms to RnsoMvrro/u¢HerrAYA or TIC n—rw v)cp now of rltOd i Ar wUr`Q- <br />et..�ur+w+..�IMrn�IONM teat <br />1. PARTIES: Seller agrees to soli and coney to Buyer the Property described In Paragraph 2. Buyer agrees <br />ID buy the Property III Seller for the saies prlco.staied In Paragraph 3. The parties to this contract are <br />S011er. ANNILEE RANOLA CIROT L RANDLE, MARY A COLLINS, ■HO MIME LEC COMM <br />Addroan: CIO JBWeL ;LPAHOLE.=70CRI AM, PATTONVILU. TSAAC UALA <br />Phone' SOS•78E111130 Fax <br />Buyer: 3OUTHWE7T LTC LTD. AND OR Re ABSIONA <br />Addr=:1T740 PAOTONROAD. SURE 310. DALIAB,TEXAS 76262 <br />Phone: a.auecnc Fsx "11.4116.11106 <br />24 PROPERTY: <br />A. 'Property' moans that real property situated In LAMAR County, Texas <br />at 4n-N RE eTRFFT PARIS, TF,[AA (addmss) <br />end that 1e legally dercribed on the attached Exhlblt A or as follows. <br />THE PROPERTY ALAD INCULUOE3 A CRANNEL EABEMENT OWHeD eY CALLER WHICH 16 LOG MD ON Tne SOUTH SIDEOF HWY 87 <br />BETWFEN TWO TRACT: OF LAND PREVIOUSLY SOLD BY 2ELLER TO BARNV BRAY AND DAVID OLABR. TWH PROPERTY WILL e[ <br />CONVVY60 TO DUYOR WrrHOUT TITLE AJGURANCi. AHD UT DYYD WIT HOVT WARRANTY. THIS TNACT WILL NOT BC INOLUDCD IN THC <br />ACRGADE POR ]ALED►RICE CALCULATION. <br />B. Seller will sell and convey the Property together with: <br />(1) all rights, privileges, and appur(onancos portaining to the Property, including Soilees right, title, and <br />Interest in any minerals, utilities, Adjacent etmets, alloys, strips, goros, and rights -of -way, <br />(2) Seller's Interest in all leases, rents, and security deposits for all or pert of the Property, and <br />(3) Seller's Interest In all licenses and permits related to the Property. <br />(Doscrtbo any exceptions, ro sorvarfons, or rosfrlct Ions In Paragraph 1 T Dr an addondurn.) <br />3. SALES PRICE: <br />A. At or before dosing, Buyer will pay the following saleA price for (he Property: <br />(1) Cash portion payable by Buyer at closing... . ....... . ..... 3 1",000.00 <br />(2) Sum of all financing described In Paragraph . ...... $ ET11Ao00a <br />(3) Sates price (sum of 3A(1) and 3A(2)) . .. 5 r0 coo 00 <br />(TAR. 1602) 24.02 Int wea for 16nnilaco0on by abler _ Seubr page 1 01 13 <br />Cr�r.�.r��. +1 � - �tiW.(r��r..rrM rtisr��AIOW IWyr,La r01.�n, r.l�yrrr.n 7711 Cw��r.�wr�r�+.rOlta011rwrr� <br />�.- ,.YG�.�"rrl►��.�Yrwl+�r -�. rl �. �- 1+ -.�-+� V- r. rn�- �Y .�rr�rl.r.l.'Trr•••r�.1W�IlYCC /r0� ^�OtrT <br />