CM-2025-007 - 1/3/2025DigiSign Verified - 8ed35e30-ef63-4a9b-8c27-cfd57b2aae88
�.Z TEXAS REALTORS
COMMERCIAL CONTRACT AMENDMENT
USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORSO, INC. IS NOT AUTHORIZED
®Texas Association of REALTORS®, Inc., 2022
AMENDMENT TO COMMERCIAL CONTRACT BETWEEN THE UNDERSIGNED BUYER AND SELLER
CONCERNING THE PROPERTY AT
612 Burnet St & 609 Sheppard Ave, Round Rock, TX 78664
Effective January 2, 2026 , Seller and Buyer amend the contract as follows: (Check all applicable boxes.)
A. Sales Price: The sales price in Paragraph 3 of the contract is changed to:
Cash portion payable by Buyer at closing ...... ... . ............... $
Sum of all financing described in the contract . ..................... $
❑ B.
NIA
NIA
Sales price (sum of cash portion and sum of all financing) .. _ .... _ _ _ .. $ - NIA
Propedy Descri tion: The Property's legal description
the legal description described on the attached Exhibit.
NIA
in Paragraph 2A of the contract is changed to
or as follows:
C. Repairs: Buyer accepts the Property in its present condition except that Seller, at Seller's expense, will
complete the following before closing:
NIA
❑ D. Extension of Feasibility_, Period: Prior to the expiration of the feasibility period, Buyer may extend the
feasibility period until 11:59 p.m. on NIA _ _ (date) by delivering $NIA to
the title company as additional earnest money.
(1) $NIA of the additional earnest money will be retained by Seller as additional
independent consideration for Buyer's unrestricted right to terminate, but will be credited to the sales
price only upon closing of the sale. If Buyer terminates under this Paragraph D, the additional earnest
money will be refunded to Buyer and Seller will retain the additional independent consideration.
(2) Buyer authorizes escrow agent to release and deliver to Seller the following at any time upon Seller's
request without further notice to or consent from Buyer:
(a) The additional independent consideration.
(b) Check no boxes or only one box.)
all or ❑ $NIA of the remaining portion of the additional earnest money, which
will be refunded to Buyer if Buyer terminates under this Paragraph 7B or if Seller defaults under
the contract.
If no dollar amount is stated in this Paragraph D as additional earnest money or as additional independent
consideration, or if Buyer fails to timely deliver the additional earnest money, the extension of the feasibift
period will not be effective.
(TXR-1932) 07-08-22 Initialed for identification by Seller 24 , 9 and Buyer, Page 1 of 2
Bnn"ar Properties. 401 N Andenon Ave Round Rock TX 78664 Phone_ $12.940,018A Fax 512 IN Burnet St &
BrenUey Brinegar Produced with Lone Wolf Transactions (7dpForm Edition) 717 N H-,rxood St, Suite 2200. Dallas, TX 75201
CM-2pvS-ov'7
DigiSign Verified - 8ed35e30-ef63-4a9b-8c27-cfd57b2aae88
Amendment to Commercial Contract concerning 512 Bumet 5t & 509 Sheppard Ave, Round Rock, TX 78664
❑ E. Extension of Financing Deadline: The deadline for Buyer to give notice of inability to obtain the:
❑ (1) Third party loan(s) described in Subparagraph A(2) of the Commercial Contract Financing Addendum
is extended until NIA (date).
❑ (2) Assumption approval described in Subparagraph B(6) of the Commercial Contract Financing
Addendum is extended until NIA (date).
❑ (3) Buyer has paid Seller additional consideration of $ NIA for the extension financing
deadline. This additional consideration ❑ will ❑ will not be credited to the sales price upon the
closing of the sale.
❑X F. Closing: The closing date in Paragraph 10A of the contract is changed to January 24, 2025
❑ G. Expenses: At closing Seller will pay the first $ NIA
Paragraph 13 of the contract.
of Buyer's expenses under
❑ H. Waiver of Right to Terminate: Upon final acceptance of this Amendment, Buyer waives the right to
terminate under Paragraph 7B of the contract,
❑ I. Counterparts: If this amendment is executed in a number of identical counterparts, each counterpart is
an original and all counterparts, collectively, constitute one agreement.
❑ J. Other Modifications:
NIA
Seller:
By:
By (signature)
Printed Name: Richard Alvarado
Title:
By: _
By (signature): Ve N"3 4Agn d4)-,
Printed Name: Dolores Alvarado
Title:
(TXR-1932) 07-08-22
01/03/2025
01/03/2025
Buyer: City of Round Rock
By: _
66 �
By (signature)_ • (�.
Printed Name: Brooks Bennett
Title: City Manager
By:
By (signature): _
Printed Name:
Title:
Page 2 of 2
Brinepar Properrin. A01 A Anderson Ave Round Rack TX 78664 Phone. 512.940.0188 fax. 512 IN Burner Sr &
Brendey Brineltar Produced with Lone Wolf Transactions (zspForm Edition) 717 N Harwood St, Suile 2200. Dallas, TX 75201 www.twoll.com