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L.B.G. Hall Survey, Abstract No. 686 (Lot 1C), 1970 - DeedCONTR[~. THE STATE OF TEXAS, ~ COUNTY OF TARRANT J By This Agreement and Contract ~1.C+~.$®St+aels P ~i~.~.+'6a~!@~~1 .JE?~tt~s®R ~.t~~1 TC~s ~r Kx'~C .~0h]Elsfl)lis ,~~: r ~ ~~~ +~ Seller hereby sells and agrees,~tjo convey toy ~1~ ~ Qi ,*~-i~~~..ii; ~~aa$ Purchaser the following described property lying and being situated in Tarrant County, Texas, to-wit: k. Qtta aura ~~ mod,, l~~e Qr lase, +~ p~atct#~,culat 1p +cribsd as he~ the >~~ the~astarly ®>r~ acss, tea dorm +e-;:~ ~aa~. Traa+~ ~aG is ~.ha L. ~. ~. loll erp, dbst.~aat ~r ~6s aai+d tra+~t to ba ec~a~pleta~.y deae~ribed by m~1te8 at~t ~~d~l ixi the deed ~rw~ salla~+~. ~11 :. o ,~ a - <i. the purchase price is $ ~ Z~~d •~~ payable as followg: $ ~#~~ cash (of which Purchaser has deposited $ ~Kl~ a• s earnest money and part payment, the receipt of which is hereby acknowleged by said deposit holder) and the balance to be paid as follows: T~CaI sash pap~aat ~+~ aft At ti>~ c:f ~1oei~. The payment of said note or notes to be secured by vendor's lien and Deed of Trust with power of sale and the usual covenants as to taxes, insurance and default. Seller agrees to furnish Owner's Title Policy through STEWART TITLE GUARANTY COMPANY to said properly :which s(ta~l conveyed flee and clear of any and all encumbrances except those named herein, and Purchaser agrees to complete the sale as herein prdvtded withirtn days from, the' date said Title Company approves the title for title insurance unless otherwise provided for herein. - - ~ .M° ....,,., If said Title Company raises objections to the title to~said property, Seller shall have 30 dags tiro m which to meet such objections, and if Seller is unable to meet the objections, then the above mentioned deposit shall be returned to Purchaser, a~~this contract shall thereupon terminate and all parties be released froi~)iiabilty~herAiunder, but i€ she title~is approved; and pither_ party hereto fails or,refy~es to consum[nate,thg~ontract the other may, at his option,'enforce specific` performance of this contract. `In the event purchaser is the defar~lting~arty, Seller shall have the right to retain said cash deposit as liquidated damages for the breach of this contract. y. yr, Seller agrees, when the title objections have been met or waived, to deliver a good and sufficient General Warranty Deed conveying said property to Purchaser, and Purchaser agrees, when said deed is tendered, to pay balance of the cash payment and execute the note or notes and.Deed of Trust herein provided for. Purchaser agrees that any restrictions or conditions imposed in any additions or subdivisions of which the herein described property is a part, or any existing party wall agreements or easements for utility purposes shall not be recited as objections to the title or considered as an encumbrance on said property. Prior to consummation of this sale, risk of loss by fire or other casualty shall be on Seller, and in event of loss, Buyer shall have the option (to be exercised within five days after notice of loss) of canceling this contract and receiving back the earnest money or closing the sale according to this contract, and receiving from the Seller an assignment of the insurance proceeds. Taxes for the current year, and current rents, insurance, and interest (if any) are to be prorated to date of closing. / "In accordance with the requirements of the Texas Real Estate License Act, Section 28, you are advised as Purchaser that you should be furnished ~+„ with or obtain a policy of Title Insurance or have the Abstract covering the Real Estate which is the subject of this Contract examined by an Attorney of your own selection." POSSESSION at time of closing unless otherwise agreed and noted below. BY: ~.~,.-.-- F. • . OT~trchaser O Kirk ~~ ~ ~$~~ There are no agreements, conditions, stipulations or representations verbal or otherwise, other than those contained herein. 9 aLl.ar~` egzes ~® fwrasb rahassr a ~t ~l 7t3~ s>la~v by a iica~a~d surveyor of said a~'e tacact ~f ~ algid ~+~ ~~+~~ cast thar~f This ce~trac~ Qf aahe is su~+~ect ~~ Saller'e~~ al~~.e to sera a ~ua~ai ~lea~ +~~ the $tirt~ of Try tt~ txte~. t3 ~~lrr+~ri ~as'e~~ Pvacchass~ awl: Sellars sill P~~' a ra~a#:r~+s +~~r~~ ~~ ~~,a~e~r Street Address ~ City Executed in quintuplicate this / +~ day of A.D. 19 r v CITY €}F 3©IIT~iI.A~F Flf,~aba~h 1oh~s+ast .«~. P"~r~~ THE. STA'G'E ,OF TEXAS, t BEFORE ME, the undersigned authority, a Notary Public COUNTY OF TARRANT ~ J in and for County, Texas, on this day personally appeared known to me to be the person whose name subscribed to the foregoing instrument, and , acknowledged to me that he executed the same for the purposes and consideration therein expressed and in the capacity therein stated. GIVEAF UNDER MY HAND AND SEAL OF OFFICE, this day of ~ A.D. 19 - • r r a , F (L.S.) Notary Public, Tarrant County, Texas THE STATE OF TEXAS,,. l COUNTY OF TARRANT 1 BEFORE ME, the undersigned authority, a Notary Public in and for County, Texas, on this day personally appeared and ~ ~. his wife, both known to me to be the persons whose names aze subscribed to the foregoing instrument, and acknowledged to me that they each executed the same for the purposes and consideration therein expressed. p GIVEN UNDER MY HAND AND SEAL OF OFFICE, this day of A.D. 19 w= (L.S.) Notary Public, Tarrant County, Texas +~- W ~` J Q ~,, N LL a:, ~ ~ ~ ~ Q F Z ~ ~' 0 . V 1rw r,~.,. ~, i _ - .. Mr~ The undersigned acknowledges receipt of above. earnest money amounting to $ In form of to be held in accordance with terms of foregoing agreement. Escrow Agent does not assume and shall noYbe under, any liability on account of performance or non-performance of any ,~, party to the agreement; and Escrow Agent may at its option, require the receipt, release, and authorization in writing of all parties before paying the deposit to either party. Escrow Agent shall not be liable for any interest or other charge on the money held by it. e. Dated this day of 19 STEWART TITLE CO. Escrow Agent BY IM .~~~; ~~~' ,,,~*~"`