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<br />SPECIAL WARRANTY DEED
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<br />Date: '
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<br />July 13, 2000.
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<br />Grantor:
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<br />Paris Investments, a Texas joint venture.
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<br />Grantor's Mailing Address:
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<br />1845 One Galleria Tower, LB #52
<br />Dallas, Texas 75240.
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<br />Grantee:
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<br />Richard Drake Construction Company, L.P.
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<br />. Grantee'~ Mailing Address:
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<br />Route 1, Box 680
<br />. Powderly, Tex~ 75473
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<br />Consideration:
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<br />Ten and No/loo ($10.00) and other good and valuable consideration,
<br />receipt of, which is hereby acknowledged.
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<br />Property, <,including any improvements) ~
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<br />Situated within, the corporate limits of the City of Paris, ~ar County, Texas,
<br />a part of. the Reddin Russell Survey #786 and being fully described on ~
<br />attached h.ereto and made a part hereof. The Property includes all right, title and
<br />, interest of Grantor in and to strips or gores, if any, between the Property and
<br />. abutting properties; save and except the O.4860-acre pad site being retained by
<br />Grantor as'referred to in Exhibit A.
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<br />Reservations from and Exceptiòns to ,Conveyance and W ar~anty: '
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<br />" ' This, conveyance is made, and accepted subject to the following matters, to the extent
<br />same are in effect at this time:
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<br />¥y and all restrictions, covenants, conditions and easements, mineral
<br />reservations and leases, if any, relating to the hereinabove described Property, but
<br />onl y to the extent tJ:ley are .still in effect, shown of record in the hereinabove
<br />mentioned County and State. '
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<br />, This' conveyance is further made and accepted subject 'to the easement,. restrictions and
<br />'other matters reserVed by Grantor" as set forth on ~ attached hereto and made a part
<br />hereof.
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<br />Grantor, for the consideration and subject to' the reservations from and exceptions to
<br />, conveyance and warranty, 'grants, sells, an,d conveys to Grantee the Property, together with all
<br />and singular the rights ~d appu~nances thereto in' anywise:belonging, to h.ave and to hpld it .
<br />to Grante:e, Grantee's 'heirs, ~ieC~törs, ~(irn.inistratois, ,successors or assigns rorever'. . GråntoJ;"
<br />binds, Grantòi ånd ,Grantor's heirs, ex~utors, adminis~tors, and successors to 'warrant and
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