2010-042 RES APPROVING PURCHASE OF LOTS 5 & 6, BLOCK 1 OF HENRY SMITH 2ND ADDITION

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expedited delivery service or by mail in the manner previously described), addressed as follows: If to the Seiler: The Linnie Ray Spencer 1998 Revocable Management "A" Trust c/o Ray Spencer, Trustee 84 CR 42000 Paris, Texas 75462 If to the Purchaser: City of Paris, Texas Attention: City Manager P. 0. Box 9037 Paris, TX 75461-9037 With copy to: City of Paris, Texas Attention: City Attorney P. O. Box 9037 Paris, TX 75461-9037 or to such other address or to the attention of such other person as hereafter shall be designated in writing by the applicable party sent in accordance herewith. Any such notice or communication shall be deemed to have been given either at the time of personal delivery or, in the case of delivery service or certified or registered mail, as of the date of deposit or delivery to the United States Mail or expedited delivery service in the manner provided herein, or in the case of telegram or telex, upon receipt. Any notice required by this Contract or in any way related to the transaction contracted for herein, shall be void and of no effect unless given in accordance with the provisions of this Article 10. Either party hereto may change the address for notice specified above by giving the other party ten (10) days advance written notice of such change of address. Section 10.2 For purposes t el Date of th s Cont act shall be the I ter of o b l i g a t i o n s u n d e r t h i s C o n t r a c t, t he Effec the dates this Contract is executed by Seller or Purchaser. Section 10.3 Any representation, warranty, covenant or agreement of either party to this Contract whether to be perfer~eemed to berme g d nto andf walo ed by shall not survive the Closing, but rather shall b instruments of Closing. Section 10.4 This Contract shall be binding upon and inure to the benefit of the parties and their respective heirs, legal representatives, and permitted successors and assigns. Section 10.5 The obligations of the pt shallh bet~ onst ueds anld b n eep e ed bin in L a m a r C o u n t y, T e x a s. T h i s C o n t r a REAL ESTATE CONTRACTITO CITY pAGE 7 (No Earnest Money) (Inspection Fee)