West Beach Addition, Bob Jones Park, 1995 - Warranty Deed with Vendor's Lein (2)
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GF# ATC 95 GR 338438-G/JD
WARRANTY DEED WITH VENDORwS LIEN
(Vendor's Lien Reserved to Grantor)
06b6~;~8
THE STATE OF TEXAS
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KNOW ALL MEN BY THESE PRESENTS:
COUNTY OF DENTON
THAT THE UNDERSIGNED, RICHARD AUNGKHIN YOUNG and wife, JEAN
SANKYI YOUNG, hereinafter called "Grantor", whether one or more,
for and in consideration of the sum of TEN DOLLARS ($10.00) and
other valuable consideration to the undersigned in hand paid by the
Grantee herein named, the receipt of which is hereby acknowledged,
and the further consideration of the execution and delivery by the
Grantee of that one certain promissory note of even date herewith
in the principal sum of Sixty Thousand and No/100 Dollars
($60,000.00), payable to the order of Grantor, as therein
specified, providing for acceleration of maturity and for
attorney's fees, the paYment of which note is secured by the
vendor's lien herein retained, and is additionally secured by a
deed of trust of even date herewith to LARRY G. WOOD, TRUSTEE, has
GRANTED, SOLD AND CONVEYED, and by these presents does GRANT, SELL
AND CONVEY unto THE CITY OF SOUTHLAKE, herein referred to as
"Grantee", whether one or more, the real property described on
attached Exhibit "A".
This conveyance is expressly made and accepted subject to any
and all restrictions, covenants, conditions, easements, zoning
laws, regulations, ordinances of municipal and other governmental
authorities, and reservations, including, but not limited to,
minerals previously reserved or conveyed, if any, relating to the
property conveyed, but only to the extent that they are still in
effect and shown of record.
TO HAVE AND TO HOLD the above described premises, together
with all and singular the rights and appurtenances thereto in
anywise belonging, unto the said Grantee, Grantee's heirs,
executors, administrators, successors and assigns forever; and
Grantor does hereby bind Grantor and Grantor's heirs, executors,
administrators, successors and/or assigns to WARRANT AND FOREVER
DEFEND all and singular the said premises unto the said Grantee,
Grantee's heirs, executors, administrators, successors and/or
1 of 2 Pages
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assigns against every person whomsoever claiming or to claim the
same or any part thereof.
But it is expressly agreed that the Vendor's Lien, as well as
Superior Title in and to the above described premises, is retained
against the above described property, premises and improvements
until the above described note and all interest thereon are fully
paid according to the face, tenor, effect and reading thereof, when
this Deed shall become absolute.
Current ad valorem taxes on the property having been prorated,
the paYment thereof is assumed by Grantee.
EXECUTED this 20th day of October, 1995.
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RICHARD AUNGKHIN YOUNG
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JEAN A~;;; YOUNG OV
Grantee's Address:
667 North Carroll Avenue
Southlake, Texas 76092
THE STATE OF TEXAS
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COUNTY OF TARRANT
') 0 The foregoing instrument was acknowledged before me on the
(~ day of October, 1995, by RICHARD AUNGKHIN YOUNG and wife,
JEAN SANKYI YOUNG.
MY COMMISSION EXPIRES:
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TEXAS
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JlU\iIE DAVIS
Notary Public
STATE OF TEXAS
C"r,m. Ell!:), 04/08/97
RETURN TO:
The City of Southlake
667 North Carroll Avenue
Southlake, Texas 76092
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EXHIBIT "A"
BEING a 7.001 acre tract of land in the M. MAHAFFEY SURVEY, ABSTRACT NO.
916 situated in the City of southlake DENTON county, Texas, and being those
certain tracts of land as described in deeds recorded in Volume 1407, Page
310, of the Deed Records of DENTON County, Texas, and being more
particularly described as follows:
BEGINNING at a 1/2 inch iron pin at the northwest corner of said tract as
recorded in Volume 1407, Page 310, Deed Records, DALLAS County, Texas;
THENCE South 89 degrees 59 minutes 34 seconds East, 299.65 feet to a 1/2
inch iron pin set at the northeast corner of said tract as recorded in
Volume 1407, Page 310, Deed Records, DENTON County, Texas;
THENCE South 00 degrees 33 minutes 03 seconds East, 1016.16 feet to a 1/2
inch iron pin set at the southeast corner of said tract as described in
Volume 1407, Page 310, Deed Records, DENTON County, Texas;
THENCE South 89 degrees 22 minutes 12 seconds West, 299.64 feet to a 1/2
inch iron pin found at the southwest corner of said tract of land as
recorded in Volume 1407, Page 310, Deed Records, DENTON County, Texas;
THENCE North 00 degrees 33 minutes 03 seconds West, 1019.41 feet to the
POINT OF BEGINNING and CONTAINING 304954 square feet or 7.001 acres of
land, more or less.
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OEluYON COUr~Ty. UXAS
Filed fo~ Reco~d in:
DENTON COUNTY. TX
HONORABLE TIM'HODGES/COUNTY
CLERK
On Oct 24 1995
At 9:51am
Doc/Num :
Doc/Type :
Reco'rd i ng:
Doc/I~gmt- :
Receipt ":
Deputy - CASSY
95-R0066678
WD
9.00
6.00
29956