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<br />SPECIAL WARRANTY DEED
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<br />Date: .
<br />
<br />July 13, 2000.
<br />
<br />Grantor:
<br />
<br />Paris Investments, a Texas joint venture.
<br />
<br />Grantor's Mailing Address:
<br />
<br />1845 One Galleria Tower, LB #52
<br />Dallas, Texas 7524.0.
<br />
<br />Grantee:
<br />
<br />Richard Drake Construction Company, L.P.
<br />
<br />. Grantee'~ Mailing Address:
<br />
<br />Route 1, Box 68.0
<br />,Powderly, Tex~ 75473
<br />
<br />Consideration:
<br />
<br />Ten and No/1oo ($1.0..00) and other good and valuable consideration,
<br />receipt of which is hereby aclmowledged.
<br />
<br />Property. ~including any improvements) ~
<br />
<br />. ,
<br />
<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 retaine4 by
<br />Grantor as' referred to in Exhibit A.
<br />
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<br />Reservations from and Exceptiòns to .Conveyance and Warranty: .
<br />
<br />. , This, ,conveyance is made. and accepted subject to the following matters, to the extent
<br />same are in effect at this time:
<br />
<br />AnY and all restrictions, covenants, conditions and easements, mineral
<br />reservations and leases, if any, relating to the hereinabove described Property, but
<br />only to the extent tJ:ley are .still in efîect, shown of record in the hereinabove
<br />mentioned County and State. .
<br />
<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.
<br />
<br />Grantor, for the consideration and subject to' the reservations from and exceptions to
<br />. conveyance and warrantý, 'grants, sells, an.d convey~ to Grantee the Property, together with all
<br />and singular the rights aI)d appu~nances thereto in anywise:belonging, to h.ave and to hpld it .
<br />to Grantee, Grantee's 'heirs, ~iec~tòrs, ~qnûnistratois, ,successors or assigns Îorevei. . GråntoI:"
<br />binds, Gràntòi àndGranto~'s heirs, ex~utors, adminis~tors, and successors to 'warrant and
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