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R-02-05-09-16A2 - 5/9/2002RESOLUTION NO. R- 02- 05- 09 -16A2 WHEREAS, the City desires to purchase a 0.882 acre tract of land and a 0.207 acre tract of land for additional right -of -way for the SH 45 Project, and WHEREAS, Villages at Warner Ranch PUD, L.P. the owner of the property, has agreed to sell said property to the City, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City a Real Estate Contract with Villages at Warner Ranch PUD, L.P., for the purchase of the above described property, a copy of said Real Estate Contract being attached hereto as Exhibit "A" and incorporated herein for all purposes. The City Council hereby. finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 9th day of May, 2112 ATTEST 2. CHRISTINE R. MARTINEZ, City Secretary :OOMA \WORLOOX \Di \W00% \RESOLUTI \Rd0S09A2 . WPD /ec 4 JOWP / ROB T A. STLUKA, JR! Mayor City of Round Rock, Texas THE STATE OF TEXAS COUNTY OF WILLIAMSON REAL ESTATE CONTRACT THIS REAL ESTATE CONTRACT ( "Contract ") is made by and between VILLAGES AT WARNER RANCH PUD, LP, a Delaware limited partnership (referred to in this Contract as "Seller") and the CITY OF ROUND ROCK, a Texas Home Rule City of 221 E. Main St. Round Rock, Williamson County, Texas (referred to in this Contract as "Purchaser "), upon the terms and conditions set forth in this Contract. RECITALS Purchaser has previously threatened condemnation of the Property (described below.) Under threat of condemnation, Seller agrees to convey the Property to Purchaser, and this Contract sets forth the terms and provisions of such sale in lieu of condemnation. ARTICLE I PURCHASE AND SALE Control of Access Part 1 EXHIBIT 1.01 By this Contract, Seller sells and agrees to convey, and Purchaser purchases and agrees to pay for, two parcels of land situated in Williamson County, Texas, being more particularly described as follows: Parcel 148; Part 1: 0.882 acre tract as more particularly described in Exhibit "A ", attached hereto and incorporated herein; Parcel 148; Part 2: 0.207 acre tract as more particularly described in Exhibit "A ", attached hereto and incorporated herein, together with all and singular the rights and appurtenances pertaining to the property, including any right, title and interest of Seller in and to adjacent streets, alleys or rights -of -way (all of such real property, rights, and appurtenances being referred to in this Contract as the "Property "), together with any improvements, fixtures, and personal property situated on and attached to the Property, for the consideration and upon and subject to the terms, provisions, and conditions set forth below. 1.02 With respect to Parcel 148, Part 1, as described above, Seller hereby acknowledges that its use of and access to the expressway lanes to be constructed in conjunction with the highway improvement project for which the land hereby conveyed shall become a part, shall be and forever remain subject to the same regulation by legally constituted authority as applies to the public's use thereof; and Seller further acknowledges that the design and operation of such project require that access from Seller's remaining property to said project shall be governed henceforth as indicated in Paragraphs (A)and (B) hereinbelow; (A) Access to and from Seller's remaining property will be permitted: To the remainder abutting the highway facility. (B) Access to and from Seller's remaining property will be denied: Access will not be denied. Control of Access Part 2 1.03 With respect to Parcel 148, Part 2, as described above, Seller hereby acknowledges that its use of and access to the expressway lanes to be constructed in conjunction with the highway improvement project for which the land hereby conveyed shall become a part, shall be and forever remain subject to the same regulation by legally constituted authority as applies to the public's use thereof; and Seller further acknowledges that the design and operation of such project require that access from Seller's remaining property to said project shall be governed henceforth as indicated in Paragraphs (A), (B), and (C) hereinbelow; and all abutter's rights, including rights of ingress and egress and the right of direct access to and from Seller's remaining property to said project, which have accrued or might otherwise accrue to Seller, its successors or assigns are hereby waived, released and relinquished insofar as they appertain to Paragraphs (B) and (C) hereinbelow: (A) Access to and from Seller's remaining property will be permitted: To the remainder abutting the highway facility between a point being the beginning of the first call and a point being 50 feet S 75° 16' 28" W of the beginning of the second call for the description of Parcel 148, Part 2 as shown on Exhibit "A ". (B) Access to and from Seller's remaining property will be denied: To the remainder abutting the highway facility between a point being 75 feet S 75° 16' 28" W of the beginning of the second call and a point being 350 feet (arc length) in a southwesterly direction from the beginning of the third call of the description of Parcel 148, Part 2 as shown on Exhibit "A ". (C) Access to the Seller's remaining property will be permitted and access from the Seller's remaining property will be denied: To the remainder abutting the highway facility between a point being 350 feet (arc length) in a southwesterly direction from the beginning of the third call to a point being the end of the fourth call of the description of Parcel 148, Part as shown on Exhibit "A ". Seller acknowledges that the Special Warranty Deed provided for herein will contain language limiting the access to Seller's remaining property as set forth above. C:\ WINODWS\ Tempora COn "rcdD11802FINA136doc 2 ARTICLE II PURCHASE PRICE Amount of Purchase Price 2.01. The Purchase Price (the "Purchase Price ") for the Property shall be the sum of Three Hundred Forty -seven Thousand and no /100 Dollars ($347,000.00). Seller and Purchaser acknowledge and agree that Purchaser has paid to Seller a portion of the Purchase Price in the amount of $248,253.00 (the "Prepaid Amount ") in accordance with that certain Possession and Use Agreement for Transportation Purposes dated as of January 25, 2001, executed by and between Seller and Purchaser duly filed for record under Document No. 2001009080 in the Official Records of Williamson County, Texas, which amount shall be credited to the Purchase Price at Closing. Payment of Purchase Price 2.02. The balance of the Purchase Price shall be paid by Purchaser to Seller in cash at the Closing. ARTICLE III PURCHASER'S AND SELLER'S OBLIGATIONS Conditions to Purchaser's Obligations 3.01. Within ten (10) days after the date hereof, Purchaser, at Purchaser's sole cost and expense, shall have caused Austin Title Company (the "Title Company ") of 101 E. Old Settlers Blvd., Round Rock, Texas 78664, to issue a title commitment (the "Title Commitment "), committing the Title Company to issue the Owner's Title Policy pursuant to the terms and conditions thereof. Purchaser has been afforded the opportunity to fully inspect the Property, the state of title thereto and all other matters relating to the Property, including its feasibility and its suitability for Purchaser's intended use, and Purchaser hereby approves and agrees to purchase the Property subject to those items set forth on Exhibit "B" attached hereto and made a part hereof for all purposes, general real estate taxes for the year of Closing and subsequent years not yet due and payable and subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership (the "Permitted Exceptions "). Conditions to Seller's Obligations 3.02. As additional consideration for Seller entering into this Contract and conveying the Property to Purchaser, Purchaser has agreed to convey to Seller, pursuant to the terms of this Section 3.02, the strip of land as contemplated by the final paragraph of Section 15.2 of that one certain Agreement and Development Plan Warner Ranch Planned Unit Development No. 42 (the "PUD "), as approved by Ordinance No. Z- 99- 08- 12 -9B6, adopted by the Round Rock City Council on August 12, 1999, as depicted on Exhibit "C" attached hereto (the "CR170 Tract "). C: \WINfOWS \Temporary Internet FOea\OLKC25ltClty Conlram01IE02FINAL16E0c 3 (a) Within ten (10) days after the Effective Date of this Contract, Purchaser, at its sole cost and expense, shall deliver, or cause to be delivered, to Seller a title commitment issued by the Title Company and a current, staked, on- the - ground survey prepared by a licensed surveyor in the State of Texas and meeting the requirements of a Category 1 A, Condition II survey of the Texas Surveyors Association Standards and Specifications. After the survey has been prepared and approved by Purchaser and Seller, the legal description from such survey will be substituted for the legal description of the CR170 Tract contained herein. All revisions to the aforementioned survey requested by Seller shall be at Seller's cost and expense. (b) At Closing, Purchaser shall deliver to Seller a duly executed and acknowledged Special Warranty Deed, in the form attached hereto as Exhibit "D ", conveying good and indefeasible title in fee simple to the CR170 Tract, free and clear of any and all monetary liens and encumbrances and being subject only to those matters approved by Seller in the title commitment issued pursuant to Section 3.02(a) hereof. (c) PURCHASER SHALL SELL AND CONVEY TO SELLER AND SELLER SHALL ACCEPT THE CR170 TRACT "AS IS, WHERE IS, WITH ALL FAULTS" EXISTING AS OF THE EFFECTIVE DATE OF THIS CONTRACT, EXCEPT TO THE EXTENT EXPRESSLY PROVIDED OTHERWISE IN THIS CONTRACT, INCLUDING, WITHOUT LIMITATION, AS SPECIFIED IN SECTION 3.02(b) ABOVE AND IN THE AFOREMENTIONED SPECIAL WARRANTY DEED. (d) In the event Purchaser fails to satisfy the obligations set forth in this Section 3.02 as provided herein, Seller shall have the right to either bring suit for damages against Purchaser or enforce specific performance against Purchaser as provided in Article VIII hereof. ARTICLE IV CLOSING The consummation of the purchase of the Property by Purchaser from Seller in accordance with the terms and provisions hereof (the "Closing") shall be held at the Title Company on or before May 24, 2002, or at such time, date, and place as Seller and Purchaser may agree upon (which date is herein referred to as the "Closing Date "). 4.01. At the Closing, Seller shall: C: \WINOO WS\Temporery Internet FIIes OLKC251 \City ContreeM11902FINAUB.doe Seller's Obligations (a) Deliver to Purchaser a duly executed and acknowledged Special Warranty Deed, in the ,form attached hereto as Exhibit "E ", conveying good and indefeasible title in fee simple to all of the Property, free and clear of any and all liens, encumbrances, conditions, easements, assessments, and restrictions, except for the Permitted Exceptions. 4 Purchaser's Obligations 4.02 At the Closing, Purchaser shall: (a) Pay the Purchase Price in cash to Seller; (b) Pay for the Texas Owner's Title Policy, at Purchaser's sole expense, issued by the Title Company, in Purchaser's favor in the full amount of the Purchase Price, insuring Purchaser's fee simple title to the Property subject only to the Permitted Exceptions and the standard printed exceptions contained in the usual form of Texas Owner's Title Policy; (c) Execute, acknowledge and deliver the Special Warranty Deed for the CR170 Tract in accordance with Section 3.02(b) hereof. Prorations 4.03 General real estate taxes for the then current year relating to the Property, shall be prorated as of the Closing Date and shall be adjusted in cash at the Closing. If the Closing shall occur before the tax rate is fixed for the then current year, the apportionment of taxes shall be upon the basis of the tax rate for the next preceding year applied to the latest assessed valuation. All special taxes or assessments to the Closing Date relating to the Property and then due and payable, shall be paid by Seller. Purchaser will bear the burden of paying any rollback taxes, if any, resulting from a change of use of the Property. The provisions of this Section 4.03 shall survive conveyance of the Property by Seller to Purchaser. Closing Costs 4.04 All costs and expenses of Closing in consummating the sale and purchase of the Property shall be bome and paid as follows: 1. Owner's Title Policy for the Property paid by Purchaser; 2. Filing fees for deed paid by Purchaser. C:\W tNDOWS\Temporary Interact Fliee\OLKC251 \City Centran011802FINAL30.doc ARTICLE V REAL ESTATE COMMISSIONS Seller will be solely responsible for all real estate brokerage commissions due to any brokers representing the Seller. Purchaser will be solely responsible for all real estate brokerage commissions due to any brokers representing the Purchaser. ARTICLE VI ESCROW DEPOSIT For the purpose of securing the performance of Purchaser under the terms and provisions of this 5 Contract, Purchaser shall deliver to the Title Company following the execution hereof, the sum of One Thousand and no /100 Dollars ($1,000.00), the Escrow Deposit, which shall be paid by the Title Company to Seller in the event Purchaser breaches this Contract as provided in Section 3.01 hereof following receipt of Seller's written notice terminating this Contract, in which event neither party shall have any further obligations hereunder except for any obligations set forth herein which specifically survive the termination hereof. At the Closing, the Escrow Deposit shall be paid over to Seller and applied to the Purchase Price, provided, however, that in the event the Purchaser shall have given written notice to the Title Company that one or more of the conditions to its obligations set forth in Section 3.01 have not been met, or, in the opinion of Purchaser, cannot be satisfied, in the manner and as provided for in Section 3.01, then the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser following receipt of Purchaser's written notice terminating this Contract, in which event neither party shall have any further obligations hereunder except for any obligations set forth herein which specifically survive the termination hereof. ARTICLE VII BREACH BY SELLER In the event Seller shall fail to fully and timely perform any of its obligations hereunder or shall fail to consummate the sale of the Property for any reason, except Purchaser's default, Purchaser may, as its sole and exclusive remedy, either: (1) enforce specific performance of this Contract (in which case Purchaser shall be deemed to have agreed to accept title to the Property subject to all matters of record); or (2) waive any of such requirements and complete the purchase of the Property as herein provided; or (3) terminate this Contract in which event the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser and neither party hereto shall have any further rights, duties or obligations one to the other hereunder (except as provided for in Section 9.01 below). In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser's obligations set forth in Section 3.01 having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to (1) bring suit for damages against Purchaser; or (2) receive the Escrow Deposit from the Title Company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller agrees to accept and take this cash payment as its total damages and relief and as Seller's sole remedy hereunder in such event. The provisions of item (1) above shall survive the termination of this Contract. In the event Purchaser shall fail to satisfy any of its obligations as set forth in Section 3.02 hereof, Seller shall have the right to (1) enforce specific performance against Purchaser or (2) bring suit for damages against Purchaser. The provisions of item (2) shall survive the termination of this Contract and both (1) and (2) shall survive the conveyance of the Property by Seller to Purchaser as expressed in the Memorandum. CA WINDOWS Internet FII \OLxeuncity ComvdO118O2FINAL3B.doe ARTICLE VIII BREACH BY PURCHASER 6 ARTICLE IX MISCELLANEOUS Assignment of Contract 9.01. (a) This Contract may not be assigned without the express written consent of Seller. Notice (b) Any notice required or permitted to be delivered hereunder shall be deemed received when sent by Federal Express or other similar delivery service or by United States mail, postage prepaid, certified mail, return receipt requested, addressed to Seller or Purchaser, as the case may be, at the address set forth opposite the signature of the party. Texas Law to Apply (c) This Contract shall be construed under and in accordance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Williamson County, Texas. Parties Bound (d) This Contract shall be binding upon and inure to the benefit of the parties and their respective heirs, executors, administrators, legal representatives, successors and assigns where permitted by this Contract. Legal Construction (e) In case any one or more of the provisions contained in this Contract shall for any reason be held to be invalid, illegal, or unenforceable in any respect, this invalidity, illegality, or unenforceability shall not affect any other provision hereof, and this Contract shall be construed as if the invalid, illegal, or unenforceable provision had never been contained herein. Prior Agreements Superseded (f) This Contract constitutes the sole and only agreement of the parties and supersedes any prior understandings or written or oral agreements between the parties respecting the within subject matter. Time of Essence (g) Time is of the essence in this Contract. C: \WINDO WS\Temporory Internet FIW\OLKC2S11CIry ControttOII802FINA13B.doc 7 Gender (h) Words of any gender used in this Contract shall be held and construed to include any other gender, and words in the singular number shall be held to include the plural, and vice versa, unless the context requires otherwise. Effective Date (i) This Contract shall be effective as of the date it is approved by the City Council, which date is indicated beneath the Mayor's signature below (the "Effective Date "). In the event this Contract has not been approved by the City Council on or before May 9, 2002, this Contract shall be deemed null and void and of no force and effect. Survival of Certain Provisions (j) The representations, warranties, covenants, and agreements of the parties, as well as any rights and benefits of the parties, pertaining to a period of time following the Closing of the transaction contemplated hereby shall survive the Closing and shall not be merged therein. (k) PURCHASER ACKNOWLEDGES AND AGREES THAT, EXCEPT FOR THE WARRANTIES OF If1LE EXPRESSLY PROVIDED HEREIN, SELLER HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND OR NATURE WHATSOEVER (INCLUDING WARRANTIES OF HABITABILITY, MERCHANTABILITY AND FITNESS FOR PARTICULAR PURPOSE), WHETHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES WITH RESPECT TO THE PROPERTY, THE ENVIRONMENTAL AND SOIL CONDITIONS OR THE SUITABILITY OF THE PROPERTY FOR PURCHASER'S INTENDED USE THEREOF AND PURCHASER, BY ITS ACCEPTANCE HEREOF, ACKNOWLEDGES THAT PURCHASER IS PURCHASING THE PROPERTY "AS IS ", "WHERE IS" AND "WITH ALL FAULTS ". (1) In the event of any litigation between Seller and Purchaser arising under this Contract, the prevailing party will be entitled to recover its reasonable attorney's fees, costs and expenses in enforcing its rights under this Contract from the non - prevailing party. This provision shall survive the Closing. C:IWINDOWS \Temporary Internet Ries \ oLKC251 \ City Cwlrect011801FINAWB.doe As -Is Conveyance Litigation Costs [signatures appear on the following page] 8 CAWINDOWS\Temporary Inlernel FOeaWLKC2SIIClty Coniracl0II802FBVAL3B.doc SELLER: VILLAGES AT WARNER RANCH PUD, LP, a Delaware limited partnership By: THC /Southwest Division Limited Partnership, a Texas limited partnership, its general partner By: Hanover G.P. LLC, a Texas limited liability company, its general partner By: Kathy K. Binford Vice President c/o The Hanover Company 5847 San Felipe, Suite 3600 Houston, Texas 77057 Date: , 2002 PURCHASER: CITY OF ROUND ROCK, TEXAS By: Robert A. Stluka, Jr., Mayor 221 E. Main Street Round Rock, Texas 78664 Date: , 2002 9 County: Williamson Parcel No.: 148 Highway: State Highway 45 Limits: From: Greenlawn Boulevard To: 1919 feet east of CR 170 CSJ: PART 1 EXHIBIT " FIELD NOTE DESCRIPTION FOR PARCEL 148 Page 1 of 5 June 15, 2000 DESCRIPTION OF A 0.882 ACRE (38,414 SQUARE FEET) TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, IN WILLIAMSON COUNTY, TEXAS; BEING A PORTION OF THE REMAINDER OF A CALLED 138.543 ACRE TRACT OF LAND (TRACT I), THE REMAINDER OF A CALLED 0.363 ACRE TRACT OF LAND (TRACT II), AND THE REMAINDER OF A CALLED 0 928 ACRE TRACT OF LAND (TRACT III) CONVEYED IN THE SPECIAL WARRANTY DEED TO VILLAGES AT WARNER RANCH PUD, LP AS RECORDED IN DOCUMENT NO. 199965664 OF THE OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS, SAID 0.882 ACRE (38,414 SQUARE FEET) TRACT, AS SHOWN ON THE RIGHT -OF -WAY SKETCH PREPARED BY SAM, INC. FOR THIS PARCEL, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a Texas Department of Transportation (TxDOT) Type II concrete monument set in the east Right - of -Way (ROW) line of Jazz Street (a 70 -foot wide ROW) dedicated in Remington Heights, Phase I, Section A a subdivision of record in Cabinet N, Slide 238 of the Plat Records Williamson County, Texas (P.R.W.C.TX.), same being the west line of said Tract III, also being in the proposed south ROW line of State Highway 45, for the southwest corner of the tract described herein, and being 262.82 feet right of Survey Baseline Station 615 +85.49, from which a 1/2 -inch iron rod found bears S 16° 33' 52" E, a distance of 545.51 feet; 1) THENCE with the common line of Jazz street, and said Tract III, N 16° 33' 52" W, a distance of 113.72 feet to a calculated point, for the common corner of a tract of land dedicated to the City of Round Rock for Public Right of Way purposes, executed on October 21', 1999 (recording information not available as of June 15 2000), and the northwest corner of the remainder of said Tract III, also being the northwest corner of the tract described herein; 2) THENCE leaving said common line with the common line of said City of Round Rock tract and the remainders of said Tract III, Tract II, and Tract I N73 °30'23 "E, a distance of 488.85 feet to a calculated point in the west ROW line of Warner Ranch Drive (having a variable width R.O.W.) as shown on the plat of Warner Ranch Phase 1 -A, recorded in Cabinet S, Slide 25 -28 of the P.R.W.C.TX., and being the northeast corner of the tract described herein; 3) THENCE with said ROW line, S09 °57'47 "E, a distance of 92.77 feet to a Texas Department of Transportation (TxDOT) Type II concrete monument set, same being the southeast corner of the tract described herein and being 264.77 feet right of Survey Baseline Station 620 +62.79; THENCE crossing said Tract I, Tract II, and Tract III, the following six (6) courses and distances, numbered 4 through 9: 4) N 61° 21' 10" W, a distance of 38.10 feet to a TXDOT Type II concrete monument set, being 236.47 feet right of Survey Baseline Station 620 +37.28, FN1756R 20081 -20 Page 2 of 5 June 15, 2000 5) with the arc of a curve to the right a distance of 179.53 feet through a central angle of 01° 46' 25 ", having a radius of 5800.00 feet, and whose chord bears S 68° 11' 39" W, a distance of 179.53 feet to a TXDOT Type II concrete monument set, being 244.25 feet right of Survey Baseline Station 618 +57.92, 6) S 74° 21' 59" W, a distance of 151.66 feet to a TXDOT Type II concrete monument set, being 234.50 feet right of Survey Baseline Station 617 +06.57, 7) with the arc of a curve to the right passing at an arc distance of 3.42 feet a TXDOT Type II concrete monument set, being 234.50 feet right of Survey Baseline Station 617 +03.15, continuing for a total arc distance of 46.53 feet, through a central angle of 00° 27' 38 ", having a radius of 5788.00 feet, and whose chord bears S 70° 48' 23" W, a distance of 46.53 feet to a TXDOT Type II concrete monument set, being 234.43 feet right of Survey Baseline Station 616 +60.48, 8) S 70° 59' 21" W, a distance of 45.79 feet to a TXDOT Type II concrete monument set, being 234.32 feet right of Survey Baseline Station 616 +15.15, and 9) S 27° 11' 26" W, a distance of 41.50 feet to the POINT OF BEGINNING and containing 0.882 acre (38,414 square feet) of land, more or less. PART 2 DESCRIPTION OF A 0.207 ACRE (8,996 SQUARE FEET) TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, IN WILLIAMSON COUNTY, TEXAS; BEING A PORTION OF A CALLED 138.543 ACRE TRACT OF LAND (TRACT I) CONVEYED IN THE SPECIAL WARRANTY DEED TO VILLAGES AT WARNER RANCH PUD, LP AS RECORDED IN DOCUMENT NO. 199965664 OF THE OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS, SAID 0.207 ACRE (8,996 SQUARE FEET) TRACT, AS SHOWN ON THE RIGHT -OF -WAY SKETCH PREPARED BY SAM, INC. FOR THIS PARCEL, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a Texas Department of Transportation ( TxDOT) Type II concrete monument set in the west Right - of -Way (ROW) line of County Road 170 (a varying width ROW, no recording information found), same being the east line of the remainder of said 138.543 acre tract, also being in the proposed south ROW line of State Highway 45, for the southeast corner of the tract described herein and being 211.50 feet right of Survey Baseline Station 629 +30.95, from which a 1/2 -inch iron rod found in said common line bears S 54° 10' 38" E, a distance of 512.78 feet; THENCE crossing the remainder of said 138.543 acre tract with the proposed south ROW line of said State Highway 45 the following four (4) courses and distances, numbered 1 through 4: 1) S 70° 40' 42" W, a distance of 189.05 feet to a TXDOT Type II concrete monument set, being 211.50 feet right of Survey Baseline Station 627 +41.90, 2) S 75° 16' 28" W, a distance of 149.76 feet to a TXDOT Type II concrete monument set, being 199.50 feet right of Survey Baseline Station 625 +92.62, 3) with the arc of a curve to the left an arc distance of 391.14 feet, through a central angle of 03° 55' 29 ", having a radius of 5710.00 feet, and whose chord bears, S 68° 42' 58" W, a distance of 391.06 feet to a TXDOT Type II concrete monument set, being 212.89 feet right of Survey Baseline Station 622 +01.79, and 4) S 28° 22' 08" W, a distance of 46.30 feet to a TXDOT Type II concrete monument set in the east ROW line of Warner Ranch Drive (having a variable width ROW) as shown on the plat of Warner Ranch Phase 1 -A, recorded in Cabinet S, Slide 25 -28, of the Plat Records of Williamson County, Texas, same being a west line of the remainder of said 138.543 acre tract, being 244.62 feet right of Survey Baseline Station 621 +67.55, from which a '/cinch iron rod with a plastic cap found in said common line bears, S09 °57'47 "E, a distance of 58.27 feet; FN1756R 20081 -20 5) THENCE with said common line, N 09° 57' 47" W, a distance of 66.74 feet to a calculated point for the west common corner of the remainder of said 138.543 acre tract, and a tract of land conveyed to the City of Round Rock for "right -of -way purposes ", executed October 21, 1999, no recording information available as of June 15, 2000, and being the northwest corner of the tract described herein, from which a'h -inch iron rod with a plastic cap found in said east R.O.W. line, same being the west line of said City of Round Rock tract, bears, N09 °57'47 "W, a distance of 100.00 feet; THENCE with the south line of said City of Round Rock tract, same being a north line of the remainder of said 138.543 acre tract the following three (3) courses and distances, numbered 6 through 8: 6) N 73° 30' 23" E, a distance of 659.04 feet to a calculated point, 7) N 00° 02' 14" W, a distance of 10.50 feet to a calculated point, and 8) N 69° 13' 25" E, a distance of 81.97 feet to a calculated point in the west Right -of -Way line of said County Road 170, same being the east line of the remainder of said 138.543 acre tract and being the northeast corner of the tract described herein; 9) THENCE with said common line, S 54° 10' 38" E, a distance of 15.57 feet to the POINT OF BEGINNING and containing 0.207 acre (8996 square feet) of land, more or Tess. BEARING BASIS: Texas State Plane Coordinate System, Central Zone, NAD 83. THE STATE OF TEXAS COUNTY OF TRAVIS That I, Michael R. Hatcher, a Registered Professional Land Surveyor, do hereby certify that the above description is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made on the ground June 2000 under my direction and supervision. WITNESS MY HAND AND SEAL at Austin, Travis County, Texas this the 16 day of June, 2000. SURVEYING AND MAPPING, Inc. 4029 Capital Of Texas Hwy., So. Suite 125 Austin, Texas 78704 KNOW ALL MEN BY THESE PRESENTS: Micha R. Hatcher Regis red Professional Land Surveyor No. 4259 - State of Texas Page 3 of 5 June 15, 2000 FN1756R 20081 -20 • PARCEL INFORMATION - BLOCK PMCEL 14 ` ,. ,.. 0.882 AC. PMT 1 138.414 SO. FT., DEED ACREAGE REMAINDER 139.834 AC: 138.95 AC. 16.091.169 50. FT.. (8.052.662 9 02 °WFF14MSON SCALE COUNTY, TEXAS I' 1" =100' I 1 q�j l STATE OF TEXAS 1.620 ACRES _':_:: VOL 1544 PG. 20 O.R.W.C.Tx. 1-1 03 W N q ° x o zi N4 -� " 0 P.O.B. 615 -8'.49 N6 0i '.932.234 E- 314 CITY OF ROUND ROCK DEED. FOR "PUBLIC RIGHT -OF -WAY PURPOSES" EXECU OCTOBER 21,1999 RECORDf�1G INFORMATION NOT AVAILABLE AS OF JUNE 15, 2000 P.O.R NOTES CO O . 0 J U 0 J Q U 616.15.15 234.32' RT L1 L2 527°1026"W S70° 59'2 41.50' 45.79' L3 561° 2110CW 38.10' C1 A -0011' 46'25" L 1 5 7 g 9.5 0' T -89.7 C8. 568 "W C-1/9.53' MEMUCAN HUNT BEARINGS AND COORDINATES ARE BASED ON THE TEXAS STATE PLANE COORDINATE SYSTEM, NAD 83, CENTRAL ZONE AND ADJUSTED TO SURFACE USING A SURFACE ADJUSTMENT FACTOR OF 1.00012. AS PROVIDED BY DOUG ANDERSON, RPLS, SURVCON, INC. IMPROVEMENTS SHOWN HEREON ARE BASED UPON TXDOT AERIAL SURVEY DIGITAL FILES. THERE MAY BE ADDITIONAL UNDERGROUND, OR OTHER. IMPROVEMENTS NOT SHOWN. DETAILS ARE NOT DRAWN TO SCALE. SAM SURVEYING•AERIAL MAPPING•ENGINEERING 4029 Caplaicl Texas HVIway,50. INC. 3104ie oaks Professional Plaza. Suite 125 Austin. Texas 78704 1512) 447-0575 Far. 15121 326-3029 STATE HWY 45 LOUIS HENNA BLVD. (VARIABLE WIDTH R.O.WJ PART 1 0.882 ACRE ;li 55 "'W (38414 SO tT3 66 -- - .._ 617.06 618.57.92 ® PROPO SED R• O . 11,1 • LINE 620.62. - "234 244.25'171' 264.77 VILLAGES AT WARNER RANCH PUD, L.P. REMAINDER CALLED 138.543 ACRES DOC. No. 199965664 O.P.R.W.C.Tx. C2 TRACT I 0.00 °27'38" R- 5788.00' L- 46.53' T- 23.27' CB -S70° 48'23 "W C- 46.53' C3 A -00 °02 R- 5788.00' L•3.42' 7-7> ' CB -S70° 38'31"W C•3.42' (ETAIL C SURVEY A -314 ASA THOMAS' SURVEY A -609 % C2 �O9� C3 _\: 617.03.15 617.06.57 1 '. 234 RT 234.50' RTI APPROXIMATE LOCATION OF SU Iy 70'40' 43" E 5060.48' SURVEY BASELINE EXISTING R.O_WV. LINE LEGEND VET LINE RVEY BASEL /NE CURVE DATA P1 5to 608.79.45 N - 10/50946.5082 E • 3139856)589 �- 4'07' 1Y 1LT., O - O'15'00' L - 1648)1' T • 824.41' R - 229/829' PC Ste 600.55.04 PT Sla 617.03)5 TYPE I CONCRETE MONUMENT FOUND TYPE II CONCRETE MONUMENT FOUND TYPE RCONCRETE MONUMENT SET %" PIPE FOUND UNLESS NOTED 12" ROD SET W/ TXDOT CAP UNLESS NOTED /i " IRON ROD FOUND UNLESS NOTED 60 0 NAIL SET UNLESS NOTED 60 0 NAIL FOUND UNLESS NOTED CALCULATED POINT PROPERTY LINE CENTER LINE [ 1 RECORD INFORMATION P AA. P01NT OF BEGINNING P.O.C. P01NT OF COMMENCING PAR. POINT OF REFERENCE • POINT OF CURVATURE Pi, POINT OF TANGENCY NT NON - TANGENT CURVE RON R00 FOUND Fr RON PIPE FOUND P.u.E. PUBLIC UTILITY EASEMENT 0.P.R.w.Gr°. OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS O.Rwt.1.. OFFICIAL RECORDS WILLIAMSON COUNTY, TEXAS .. PLAT RECORDS WILLIAMSON COUNTY. TEXAS O.9.9.0.1.. DEED RECORDS WILLIAMSON COUNTY. TEXAS 1 RIGHT -OF -WAY PLAT PAGE 4 of 5 SHOWING PROPERTY OF REF. FIELD VILLAGES AT WARNER RANCH PUD, L.P. NOTE N0 8 P PARCEL 1 4 A 8 PART 1 PARCEL INFORMATION BLOCK PARCEL N0. TAXING ACRES 144 0.207 AC. PMT 2 (9.017 50. FT.) DEED ACREAGE REMAINDER 138.543 AC. 139.59 AC. (6.834.933 S0, ST.' (6.080.540 50. FT.) 62167.55 244,62' RT .E L4 0.' hV 659.04' SAM SURSEYING•AERIAL MAPPING•ENGINEERING 04, ACA DETAIL B l0( OSe0 Al 0 . 81.97' ` Fs s44 1, 0 o h O o 96, �rP DETAIL C S -� 189.05' 0 9 / N \ Q- / A ) % 659.04' O O F�ti C1. C10 149.76' 1 1 •- . �S 'P `� 625 92.62 f •C -T C ' 199.50' RT • , 6 6 , '' < C4 s l•A , -03 °55'29" R- 5710.00' L- 391.14' T•195.65' LEGEND CB -S68° 42'58 "W C•391.06' • TYPE I CONCRETE MONUMENT FOUND CI TYPE II CONCRETE MONUMENT FOUND TYPE II CONCRETE MONUMENT SET %" PIPE FOUND UNLESS NOTED %• IRON ROD SET W/ T %DDT CAP UNLESS NOTED IRON ROD FOUND UNLESS NOTED 60 D NAL SET UNLESS NOTED 60 0 NAIL FOUND UNLESS NOTED CALCULATED POINT PROPERTY LINE R CENTER LINE [ 1 RECORD iNFORMATiON 0.0.0. PONT OF BEGINNING C. POINT OF COMMENCING R. POINT OF REFERENCE P.C. POINT OF CURVATURE • POINT OF TANGENCY NT NON - TANGENT CURVE ▪ WON ROD FOUND P r IRON PIPE FOUND PALL PUBLIC UTILITY EASEMENT 0.P.R.W.C.T4. OFFICIAL PUBLIC RECORDS WILLIAMSON COUNT Y. TEXAS 1r. OFFICIAL RECORDS WILLBBASDN COUNTY, TEXAS 6.6.C.i4. PLAT RECORDS WILLIAMSON COUNTY, TEXAS O.R.w,C.14. DEED RECORDS WILLIAMSON COUNTY. TEXAS INC. • 4029 Capital of Texas Highway, So. Brooke Oaks Professional Plaza, SUile 125 Austin, Texas 78704 (512) 447-0575 Fax (512) 326 -3029 L4 S28' 22'08 "W 46.30' I HEREBY CERTIFY THAT THIS SURVEY WAS MADE ON THE GROUND UNDER MY DIRECTION AND SUPERVISION AND THA THIS PLAT 15 TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF. R. HAT REG.TERED PROFESSIONAL LAND SURVEYOR N0. 4259, STATE OF TEXAS 4 2 a PARCEL 148 PART 2 629.30.95 211.50' RT N• 101514 25.93048 E. 3141862.75591 W �. MCO O 6 - , 0) ,73 (n RIGHT -OF -WAY PLAT SHOWING PROPERTY OF VILLAGES AT WARNER RANCH PUD, L.P PAGE 5 OF 5 REF. FIELD NOTE NO. 1756R PARCEL 148 PART 2 V In addition to the Exclusions and Conditions and Stipulations, your Policy will not cover loss, costs, attorney's fees, and expenses resulting from: 1. The estrictive covenants of record itemized below(We must either insert specific recording data or delete this exception): VOLUME 1747, PAGE 34, OFFICIAL RECORDS, WILLIAMSON COUNTY, TEXAS. BUT OMITTING ANY COVENANT OR RESTRICTION BASED ON RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN. 2. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping of improvements. 3. Homestead or community property or survivorship rights if any of any spouse of any insured. (Applies to the Owner Policy only.) 4. Any titles or rights asserted by anyone, including, ut not limited to, persons, the public, corporations, governments or other entities, a. to tidelands, or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes, bays, gulfs or oceans, or b. to lands beyond the line of the harbor or bulkhead lines as established or changed by any government, or c. to filled -in lands, or artificial islands, or d. to statutory water rights, including riparian rights, or e. to the area extending rom the line of mean low tide to the line of vegetation, or the rights of access to that area or easement along and across the area. (Applies to Owner Policy only.) 5. Standby fees, taxes and - assessments by any taxing authority for year 2001 and subsequent years, and subsequent taxes and assessments by any axing authority for prior years due to change in land usage or ownership, but not those taxes or assessments for prior years because of an exemption granted to a previous owner of the property under Section 11.13, TEXAS TAX CODE, or because of improvements not assessed for a previous tax year. 6. The terms and conditions of the documents creating your interest in the land. 7. Materials furnished or labor performed in connection with planned construction before signing and delivering the lien document described in Schedule A, if the land is part of the homestead of the owner. (Applies to the Mortgagee Title Poli Binder on Interim Construction Loan only and y mabe deleted if satisfactory evidence is furnished to us before a binder is issued.) 8. Liens and leases that affect the title to the land, but that are subordinate to the lien of the insured mortgage. (Applies to Mortgagee Policy only.) 9. The followin matters and all terms of the documents creating or offering evidence of the matters (We must insert matters or delete this exception.): Rights of parties in possession. (Owner's Title Policy only) 10. ANY VISIBLE AND /OR APPARENT ROADWAY OR EASEMENT OVER OR ACROSS THE SUBJECT 3- Schedule B (Rev. 1 -1 -93) MR 1 Case No. 2001 RR 220454 -K (00215) LAWYERS TITLE INSURANCE CORPORATION SCHEDULE B EXCEPTIONS FROM COVERAGE ( CONT. ON SCH. B, PAGE 2 ) EXHIBIT Valid'only if Schedule A:And C And Cover Page are Attached LAWYERS TITLE INSURANCE CORPORATION SCHEDULE C Your Policy will (got coyer loss, costs, attorneys fees, and expenses resulting from the followin requirements that will appear as Exceptions in Schedule B o the Policy, unless you dispose of these matters to our satisfaction, before the date the Policy is issued: 1. Documents creating your title or interest must be approved by us and must be signed, notarized and filed for record. 2. Satisfactory evidence must be provided thy hat: interest pe o persons i named mediinparagr paragraph of aSchedulei in that land against the - all standby fees, taxes, assessments and charges against the property have been paid, - all improvements or repairs to the property are completed and accepted by the owner, and that all contractors sub - contractors laborers and suppliers have been fully paid and that no mechanic's, laborer's or materialman's liens have attached to the property, - there is legal right of access to and from the land, - (on a Mortgagee Policy only restrictions have not been and will not be violated that affect the va idity and priority of the insured mortgage. 3. You must pay the seller or borrower the agreed amount for your property or interest. - 4. Any defect, lien or other matter that may affect title to the land or interest insured, that arises or is filed after the effective date of this Commitment. 5. AFFIDAVIT AS TO DEBTS AND LIENS MUST BE COMPLETED AND SIGNED BY SELLER OR OWNER - BORROWER AND RETURNED TO AUSTIN TITLE COMPANY BEFORE ISSUANCE OF OUR POLICY. 6. OF PVILLA LIMITED RANCH PARTNERSHIP AGREEMENT LP.(U ON EXAMINATION FURTHER REQUIREMENTS MAY BE NECESSARY) 7. PAYMENT OF ANY AND ALL TAXES WHICH MAY $5 DUE AND PAYABLE ON SUBJECT PROPERTY. (MAY INCLUDE MUD WATER, AND /OR FIRE DISTRICT TAXES, IN WHICH CASE EXCEPTIONS FOR SUCH DISTRICTS NEED TO BE MADE IN SCHEDULE B OF THIS COMMITMENT.) TAX INFORMATION NOT IMMEDIATELY AVAILABLE. PPaag 1 5- Schedule C (Rev. 1 -1 -93) Case No. 2001 RR 220454 -K (00215) Countersigned B Au t AUSTIN TITLE COMPANY Valid only if Schedule A And B And Cover Page are Attached 0.64 Acre Tract Memucan Hunt Survey A -314 Williamson County, Texas EXHIBIT 1 DESCRIPTION OF A 0.64 ACRE TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF WILLIAMSON COUNTY ROAD 170 (CR 170), A VARIABLE WIDTH RIGTH -OF -WAY, SAID 0.64 ACRE TRACT OF LAND AS SHOWN ON THE ACCOMPANYING SKETCH AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: COMMENCING at a 5/8 -inch iron rod found in the west Right -of -Way (ROW) line of said CR 170, same being the southeast corner of the remainder of a called 139.834 acre tract of land described in the deed to Villages at Warner Ranch PUD, LTD. as recorded in Document No. 199965664 of the Official Public Records of Williamson County, Texas; THENCE with said common line N 54° 26' 11" W, a distance of 127.17 feet to a 1/2 -inch iron rod with a plastic cap set for the southwest corner of the tract described herein, and for the POINT OF BEGINNING; THENCE continuing with said common line the following two (2) courses and distances: 1, N 54° 26' 11" W, a distance of 2.35 feet to a 3/4 -inch iron rod found for an angle point, and FN 2453 (TWH) February 13, 2002 SAM, Inc. Job No. 21105 -20 2. N 54° 10' 39" W, a distance of 512.16 feet to a 1/2 -inch iron rod with a plastic cap set for the northwest corner of the tract described herein from which a 60D nail found for the intersection of the south ROW line of Louis Henna Boulevard (State Highway 45), a variable width ROW, and said CR 170 for the northeast corner of said 139.834 acre tract bears with said common line, N 54° 10' 39" W, a distance of 105.96 feet; THENCE leaving said common line and crossing said CR 170 with the north line of the tract described herein, N 70° 40' 36" 0, a distance of 99.27 feet to a 1/2 -inch iron rod with a plastic cap set in the west line of Lot 5 of Henderson Tract Subdivision, a subdivision of record in Cabinet I, Slide 195 of the Plat Records of Williamson County, Texas, same being described in Exhibit 'A' of an Agreed Judgement to the City of Round Rock recorded in Document No. 2002012405 of the Official Public Records Williamson County, Texas, for the northeast corner of the tract described herein, from which a 5/8 -inch iron pipe found in the intersection of the south ROW line of said State Highway 45 and the east ROW line of said CR 170, for the northwest corner of said Lot 5 bears with said east ROW line, N 54° 20' 05" W, a distance of 151.43 feet; Page 1 of 3 0.64 Acre Tract Memucan Hunt Survey A -314 Williamson County, Texas THENCE with the common line of said CR 170 and said Lot 5, S 54° 20' 05" E, a distance of 215.69 feet to a 1/2- inch iron rod with a plastic cap set for the northeast comer of the tract described herein, from which a 1/2 -inch iron rod found for the southeast corner of said Lot 5 and the northeast corner of Lot 1 of said subdivision bears, with said east ROW line, S 54° 20' 05" E, a distance of 43.86 feet ; THENCE leaving said common line and crossing said CR 170 with the are of a curve to the left, a distance of 256.53 feet, through a central angle of 16° 49' 01 ", having a radius of 87400 feet, and a chord which bears S 35° 27' 19" E, a distance of 255.61 feet to the POINT OF BEGINNING, and containing 0.64 acre of land, more or Tess. Bearing Basis: Bearings are based on the Texas State Plane Coordinate System, NAD 83, Central Zone and adjusted to surface using a surface adjustment factor of 1.00012. As provided by Doug Anderson, RPLS, Survcon, Inc. THE STATE OF TEXAS COUNTY OF WILLIAMSON That I, Michael R. Hatcher, a Registered Professional Land Surveyor, do hereby certify that the above description is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made on the ground during September 2001 under my direction and supervision. WITNESS MY HAND AND SEAL at Austin, Travis County, Texas this the 15 day of February 2002 A.D. SURVEYING AND MAPPING, Inc. 4029 Capital Of Texas Hwy., So. Suite 125 Austin, Texas 78704 KNOW ALL MEN BY THESE PRESENTS: Page 2 of 3 FN 2453 (TWH) February 13, 2002 SAM, Inc. Job No. 21105 -20 Mich e Hatcher Regi tered Professional Land Surveyor No. 4259 - State of Texas NOTES; LOTUS HENNA BOULEVARD STATE HIGHWAY 45 D� • (VARIABLE WIDTH ROW) N70 40'36 "E 99.27' DETAIL DETAIL NOT TO SCALE LEGEND • %. NON PPE FOUND UNLESS NOTED O YE IRON ROD W/ PLASTIC CAP 0E7 S, 400 NAL F0IRD • Ve WON NOD FOUND W/ Caw UNLESS NOTED NECORO INFORLIATION •,0. PONT OF BEDELUlC a: POPIT OF COWIENCNO NON ROD FOUND PE WON PPE FOUND aJA.W2.h OFFICIAL PUBLIC RECORDS WILLIMISON COUNTY. TEXAS 0A...070. OFFICIAL REC0R05 WILLIAMSON COVITY. TEXAS r.. PLAT RECORDS WILLIAMSON COUNTY. TEXAS 0AW2.1 DEED RECORDS WULWISON COL/111.102Z O (:),;? >• O,, 4 9 -/0 1 , 9' vs C' T }366 0 s� G c1 P A-16' 49•0V I R•674.00' T•129.19' L •256.53' CB-S35' 27'19"E C•255.61' BEARINGS AND COORDINATES ARE BASED ON THE TEXAS STATE PLANE COORDINATE SYSTEM, NAO 83. CENTRAL ZONE ANS ADJUSTED TO SURFACE USING A SURFACE ADJUSTMENT FACTOR OF 1.00012. AS PROVIDED BY DOUG ANDERSON, RPLS, SURVCON, INC. DETAILS ARE NOT DRAWN TO SCALE. I HEREBY CERTIFY THAT THIS SURVEY WAS MADE ON THE GROUND UNDER MY DIRECTION AND SUPERVISION AND THAT THIS PLAT 15 TRUE AND CORRECT TO THE BEST OF MY KNOWLEOG B HATCH R R. HA - � js1�z TC TE TERED PROFESSIONAL LAND SURVEYOR N014259, STATE OF TEXAS \ CITY OF ROUND ROCK EXHIBIT 'A' CALLED 1.79 ACRE C. No. 2002012405 0.P.R_W.C.TX. FEBRUARY 2002 MEMUCAN HUNT SURVEY A -314 WILLIAMSON COUNTY, TEXAS SCALE 1" -50' 0 25 50 C1 5E0 DETAIL •A' LOT 1 C. 4029 OMNI el Tams IG9hoa7, So. Mode Oafs Pralessiand Plesa. Rune 125 Alma,. Tams 70704 000 447-0070 Fax (5121 3005007 PROPERTY PLAT SHOWING A PORTION OF COUNTY ROAD 170 PAGE 3 OF 3 REF. FIELD NOTE N0. 2453 0.13 Acre Tract FN 2452 (TWH) Memucan Hunt Survey A -314 February 13, 2002 Williamson County, Texas SAM, Inc. Job No. 21105 -20 DESCRIPTION OF A 0.13 ACRE TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF LOT 5 HENDERSON TRACT SUBDIVISON, A SUBDIVISION OF RECORD IN CABINET I, SLIDE 195 OF THE PLAT RECORDS OF WILLIAMSON COUNTY, TEXAS, SAME BEING DESCRIBED IN EXHIBIT 'A' OF THE AGREED JUDGEMENT TO THE CITY OF ROUND ROCK, TEXAS RECORDED IN DOCUMENT No 2002012405 OF THE OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS, SAID 0.13 ACRE TRACT OF LAND AS SHOWN ON THE ACCOMPANYING SKETCH AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: COMMENCING at a 1/2 -inch iron rod found in the common line of said Lot 5, Lot 1 of said subdivision, and Williamson County Road 170, a variable width Right -of -Way (ROW) for the southwest comer of said Lot 5; THENCE with said common line, N 54° 20' 05" W, a distance of 43.86 feet to a I/2 -inch iron rod with a plastic cap set for the southwest corner of the tract described herein, and for the POINT OF BEGINNING; THENCE continuing with said common line, N 54° 20' 05" W, a distance of 215.69 feet to a 1/2 -inch iron rod with a plastic cap set for the northwest corner of the tract described herein, from which a 5/8 -inch iron pipe found for the intersection of the south ROW line of Louis Henna Boulevard (State Highway 45), a variable width ROW, and the east ROW line of said CR 170, same being the northwest corner of said Lot 5, bears with said east ROW line, N 54° 20' 05" W, a distance of 151.43 feet; THENCE leaving said common line and crossing said Lot 5 the following three (3) courses and distances: I. N 70° 40' 36" E, a distance of 27.15 feet to a 1/2 -inch iron rod with a plastic cap set for the northeast corner of the tract described herein, 2. with the arc of a non - tangent curve to the left, a distance of 124.14 feet through a central angle of or 07' 09 ", having a radius of 876.00 feet and a chord which bears S 65° 14' 03" E, a distance of 124.03 feet to a 1/2 -inch iron rod set for the southeast comer of the tract described herein, and 3. with the arc of a non - tangent curve to the left, a distance of 90.71 feet through a central angle of 05 56' 48 ", having a radius of 874.00 feet and a chord which bears S 24° 04' 25" E, a distance of 90.67 feet to the POINT OF BEGINNING, and containing 0.13 acre of land, more or less. Bearing Basis: Bearings are based on the Texas State Plane Coordinate System, NAD 83, Central Zone and adjusted to surface using a surface adjustment factor of 1.00012. As provided by Doug Anderson, RPLS, Survcon, Inc. THE STATE OF TEXAS SURVEYING AND MAPPING, Inc. 4029 Capital Of Texas Hwy., So. Suite 125 Austin, Texas 78704 KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WILLIAMSON That I, Michael R. Hatcher, a Registered Professional Land Surveyor, do hereby certify that the above description is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made on the ground during September 2001 under my direction and supervision. WITNESS MY HAND AND SEAL at Austin, Travis County, Texas this the 15 day of February 2002 A.D. Page 1 of 2 Mich. R. Hate ' er Regi tered Professional No. 4259 - State of T { Ev PRD S- P E N\\ P 8o p R W RD �� VS P os R am• '/ N0TES C2 n -05° 56'48" R•874.00' T•45.40' L •90.71 CB•524° 04'25"E C•90.67' BEARINGS AND COORDINATES ARE BASED ON THE TEXAS STATE PLANE COORDINATE SYSTEM, NAO 83, CENTRAL ZONE AND ADJUSTED TO SURFACE USING A SURFACE ADJUSTMENT FACTOR OF 1.00012. AS PROVIDED BY DOUG ANDERSON, RPLS, SURVCON, INC. DETAILS ARE NOT DRAWN TO SCALE. I HEREBY CERTIFY THAT THIS SURVEY WAS MADE ON THE GROUND UNDER MY DIRECTION AND SUPERVISION AND THAT THIS PLAT 15 TRUE - D CORRECT TO THE BEST OF MY KNOWLEDGE AND F. MICR I L R. HATC'ER REG -TERED PROFESSIONAL LAND SURVEYOR NO. 4259. STATE OF TEXAS CITY OF ROUND ROCK EXHIBIT 'A' CALLED 1.79 ACRE DOC. No. 2002012405 0.P.R.W.C.TX. • be N ,5 5 N Ai ... c 43'.g. \ F'vi'i cl 2 R ° q�o z F ry T Y o I t/0 n• OB ' 07'09" \ S ( . ;h ar 0 •2 'S R- 876.00' 9 3'i'i c "9Q - 09• T•62.17' \ S 7) L•124.14' .R 0 CB- S65. 14'03 "E C•124.03' \ cT� O� IS /per GATE FEBRUARY 2002 MEMUCAN HUNT SURVEY A -314 WILLIAM50N COUNTY, TEXAS SCALE 1" -50' 0 25 50 LOT 5 HENDERSON TRACT SUBDIVISION CAB. 1, SL. 195 C1 C2 i LEGEND PX NOW W/SMNER FOUR 0• 5/F- IRON PIPE FOUND MASS NOTED O 'h - MON ROD W/ PLASTIC C.P SET O CALCLLATEO POMT • %° IRON R00 F0UN0 W/ CAP 501755 NOTED P I RECORD EF011YATION .00. PONT OF BE(BNNVO Pn.c. POINT OF 0050020 NO O IRON ROD F00N0 RA RON PIPE POI OPRA.0 UIE i,. OFFICIAL PUBLIC RECORDS WEXANS 0 CODNTY. TEXAS is OFFICIAL RECORDS WLLIAN50N COMITY, TEXAS COUNTY, TEXAS 0 . 0 .0. 0 0 PLAT RECORDS BMW.c.T . DEED RECORDS 0tU000ON GOWTY, TEXAS LOT 1 4029 CapitalO&Toss 40gP.ay.00. INC. erode Oaks 10082200022220104 125 A0Nn, Team 78704 012)447-M75 F70 (512) 8282028 PROPERTY PLAT SHOWING PROPERTY OF CITY OF ROUND ROCK PAGE 2 OF 2 REF. FIELD NOTE NO. 2452 EXHIBIT H SPECIAL WARRANTY DEED STATE OF TEXAS § § KNOW ALL PERSONS BY THESE PRESENTS COUNTY OF WILLIAMSON § CITY OF ROUND ROCK, TEXAS, a Texas Home Rule City ("Grantor"), for and in consideration of the sum of TEN AND NO /100 DOLLARS ($10.00) in hand paid to Grantor by VILLAGES AT WARNER RANCH PUD, LP, a Delaware limited partnership ( "Grantee "), whose mailing address is c/o The Hanover Company, 5847 San Felipe, Suite 3600, Houston, Texas 77057, and other good and valuable consideration, the receipt and sufficiency of which consideration are hereby acknowledged, has GRANTED, SOLD and CONVEYED, and by these presents does GRANT, SELL AND CONVEY unto Grantee that certain tract of real property located in Williamson County, Texas, as more particularly described on Exhibit A attached hereto, incorporated herein and made a part hereof for all purposes, together with any rights and appurtenances of Grantor pertaining thereto (the "Property "). TO HAVE AND TO HOLD the Property, together with all and singular the rights and appurtenances thereto in anywise belonging unto Grantee, its successors and assigns forever; and Grantor does hereby bind itself and its successors and assigns to WARRANT AND FOREVER DEFEND all and singular the Property unto Grantee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof by, through or under Grantor but not otherwise; provided that this conveyance and the warranty of Grantor herein contained are subject to all easements, rights -of -way, and prescriptive rights, whether of record or not; all presently recorded restrictions, reservations, covenants, conditions, oil, gas or other mineral leases, mineral severances, and other instruments, other than liens and conveyances, that affect the Property; rights of adjoining owners in any walls and fences situated on a common boundary; any encroachments or overlapping of improvements; and taxes for the current year and taxes for prior years due to a change in land usage or ownership, the payment of which Grantee assumes. EXCEPT FOR THE WARRANTIES OF TITLE EXPRESSLY PROVIDED HEREIN, GRANTOR HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND OR NATURE WHATSOEVER (INCLUDING WARRANTIES OF HABITABILITY, MERCHANTABILITY AND FITNESS FOR PARTICULAR PURPOSE), WHETHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES WITH RESPECT TO THE PROPERTY, THE ENVIRONMENTAL AND SOIL CONDITIONS OR THE SUITABILITY OF THE PROPERTY FOR GRANTEE'S INTENDED USE THEREOF AND GRANTEE, BY ITS ACCEPTANCE HEREOF, ACKNOWLEDGES THAT GRANTEE IS PURCHASING THE PROPERTY "AS IS ", "WHERE IS" AND "WITH ALL FAULTS ". C: \WINDOWS \Temporary Internet Files \OLKC25l \DeedCRl70.doc 1 IN WITNESS WHEREOF, this instrument is executed on this day of , 2002. STATE OF TEXAS § COUNTY OF WILLIAMSON§ C: \WINDOWS \Temporary Internet Files \OLKC251 \DeedCR170.doc CITY OF ROUND ROCK, TEXAS By: Robert A. Stluka, Jr., Mayor This instrument was acknowledged before me on this day of , 2002, by Robert A. Stluka, Jr., Mayor of the City of Round Rock, Texas, a Texas Home Rule City, on behalf of said entity. Notary Public, State of Texas 2 THE STATE OF TEXAS COUNTY OF HARRIS MEMORANDUM OF CONTRACT OF SALE THIS MEMORANDUM OF CONTRACT OF SALE ( "Memorandum ") is made and entered into effective as of , 2002, between VILLAGES AT WARNER RANCH PUD, LP, a Delaware limited partnership (the "PUD "), and CITY OF ROUND ROCK, a Texas Home Rule City (the "City"). WITNESSETH: The PUD and the City have entered into that certain Real Estate Contract ( "Contract ") dated of even date herewith covering and affecting, among other things, the real property (the "Property") more particularly described on Exhibit A, attached hereto and hereby made a part hereof. The closing of the sale of the Property shall occur within thirty (30) days following the completion of the construction of the public right -of -way, commonly known as A.W. Grimes Boulevard located south of SH45, currently under construction by the City, which completion shall be evidenced by a written notification from the Texas Department of Transportation ( "TxDOT "), certifying that construction of the A.W. Grimes Boulevard located south of SH45 has been completed in accordance with TxDOT's requirements. This Memorandum is only a memorandum of the Contract solely as it relates to the Property, and is subject to all of the terms, conditions and provisions of the Contract as related to the Property. In the event of any inconsistency between the Contract and this Memorandum, the Contract shall control between the parties. This Memorandum shall be binding against the Property and on the City, its successors and assigns, and shall inure to the benefit of the PUD and its successors and assigns, and shall be govemed by and construed in accordance with the laws of the State of Texas and the United States of America. This Memorandum may not be modified, amended or terminated except by instrument signed in writing by the parties hereto. COUNTY OF HARRIS EXECUTED effective as of the date first stated in this Memorandum. THE STATE OF TEXAS VILLAGES AT WARNER RANCH PUD, LP, a Delaware limited partnership By: THC /Southwest Division Limited Partnership, a Texas limited partnership, I is general partner This instrument was acknowledged before me on , 2002 by Kathy K. Binford, Vice President of Hanover G.P. LLC, a Texas limited liability company, as general partner of THC /Southwest Division Limited Partnership, as general partner of Villages at Wamer Ranch PUD, LP, a Delaware limited partnership, on behalf of said partnership. 2 C: \WINDOWS \Temporary Internet Files \OLKC25I \memoContractl .doc By: Hanover G.P. LLC, a Texas Limited liability company, its general partner By: Kathy K. Binford Vice President Notary Public, State of Texas EXECUTED effective as of the date first stated in this Memorandum. THE STATE OF TEXAS § COUNTY OF WILLIAMSON § C: \WINDOWS \Temporary Internet Files \OLKC251 memoContractl.doc CITY OF ROUND ROCK, TEXAS By: Robert A. Stluka, Jr., Mayor This instrument was acknowledged before me on , 2002 by Robert A. Stluka, Jr., Mayor of the City of Round Rock, Texas, a Texas Home Rule City, on behalf of said City. 3 Notary Public, State of Texas Parcel: 148, Parts 182 THE STATE OF TEXAS § 5 COUNTY OF WILLIAMSON § EXHIBIT E .. SPECIAL WARRANTY DEED State Highway 45 Right -of -Way WHEREAS, the City of Round Rock, Texas is authorized to purchase land and such other property rights deemed necessary or convenient for the construction, expansion, enlargement, extension, improvement, or operation of a portion of the proposed State Highway 45 ( "Project "); and, WHEREAS, the purchase of the hereinafter - described premises has been deemed necessary or convenient for the construction, expansion, enlargement, extension, improvement, or operation of the Project; NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS: That, VILLAGES AT WARNER RANCH PUD, LP, a Delaware Limited Partnership, hereinafter referred to as "Grantor," whether one or more, for and in consideration of the sum of Ten Dollars ($ 10.00) and other good and valuable consideration to Grantor in hand paid by the City of Round Rock, Texas, receipt and sufficiency of which is hereby acknowledged, and for which no lien is retained, either expressed or implied, have this day Sold and by these presents do Grant, Bargain, Sell and Convey unto the City of Round Rock, Texas all those certain tracts or parcels of land lying and being situated in the County of Williamson , State of Texas, being more particularly described as follows: 00005329.WPD Parcel 148; Part 1: 0.882 acre tract as more particularly described in Exhibit "A ", attached hereto and incorporated herein; and Parcel 148; Part 2: 0.207 acre tract as more particularly described in Exhibit "A ", attached hereto and incorporated herein. Grantor reserves all of the oil, gas and sulphur in and under the land herein conveyed but waives all rights of ingress and egress to the surface thereof for the purpose of exploring, developing, mining or drilling for same; however, nothing in this reservation shall affect the title and rights of the State to take and use all other minerals and materials thereon, therein and thereunder. With respect to Parcel 148, Part 1, as described above, Grantor hereby acknowledges that its use of and access to the expressway lanes to be constructed in conjunction with the highway improvement project for which the Land hereby conveyed shall become a part, shall be and forever remain subject 1 to the same regulation by legally constituted authority as applies to the public's use thereof; and Grantor further acknowledges that the design and operation of such project require that access from Grantor's remaining property to said project shall be governed henceforth as indicated in Paragraphs (A)and (B) hereinbelow; With respect to Parcel 148, Part 2, as described above, Grantor hereby acknowledges that its use of and access to the expressway lanes to be constructed in conjunction with the highway improvement project for which the Land hereby conveyed shall become a part, shall be and forever remain subject to the same regulation by legally constituted authority as applies to the public's use thereof; and Grantor further acknowledges that the design and operation of such project require that access from Grantor's remaining property to said project shall be governed henceforth as indicated in Paragraphs (A), (B), and (C) hereinbelow; and all abutter's rights, including rights of ingress and egress and the right of direct access to and from Grantor's remaining property to said project, which have accrued or might otherwise accrue to Grantor, its successors or assigns are hereby waived, released and relinquished insofar as they appertain to Paragraphs (B) and (C) hereinbelow: 00005329.WPD (A) Access to and from Grantor's remaining property will be permitted: To the remainder abutting the highway facility. (B) Access to and from Grantor's remaining property will be denied: Access will not be denied. (A) Access to and from Grantor's remaining property will be permitted: To the remainder abutting the highway facility between a point being the beginning of the first call and a point being 50 feet S 75° 16' 28" W of the beginning of the second call for the description of Parcel 148, Part 2 as shown on Exhibit "A ". (B) Access to and from Grantor's remaining property will be denied: To the remainder abutting the highway facility between a point being 75 feet 5 75° 16' 28" W of the beginning of the second call and a point being 350 feet (arc length) in a southwesterly direction from the beginning of the third call of the description of Parcel 148, Part 2 as shown on Exhibit "A ". 2 (C) Access to the Grantor's remaining property will be permitted and access from the Grantor's remaining property will be denied: To the remainder abutting the highway facility between a point being 350 feet (arc length), in a southwesterly direction from the beginning of the third call to a point being the end of the fourth call of the description of Parcel 148, Part as shown on Exhibit "A ". RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: Easements, rights -of -way, and prescriptive rights, whether of record or not; all presently recorded restrictions, reservations, covenants, conditions, oil, gas or other mineral leases, mineral severances, and other instruments, other than liens and conveyances, that affect the property; rights of adjoining owners in any walls and fences situated on a common boundary; any encroachments or overlapping of improvements; and taxes for the current year, the payment of which Grantee assumes. TO HAVE AND TO HOLD the premises herein described and herein conveyed together with all and singular the rights and appurtenances thereto in any wise belonging unto the City of Round Rock, Texas and its assigns forever; and Grantor does hereby bind itself, its successors and assigns to Warrant and Forever Defend all and singular the said premises herein conveyed unto the City of Round Rock, Texas and its assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof by, through, or under Grantor, but not otherwise. This deed is being delivered in lieu of condemnation. EXCEPT FOR THE WARRANTIES OF TITLE EXPRESSLY PROVIDED HEREIN, GRANTOR HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND OR NATURE WHATSOEVER (INCLUDING WARRANTIES OF HABITABILITY, MERCHANTABILITY AND FITNESS FOR PARTICULAR PURPOSE), WHETHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES WITH RESPECT TO THE PROPERTY, THE ENVIRONMENTAL AND SOIL CONDITIONS OR THE SUITABILITY OF THE PROPERTY FOR GRANTEE'S INTENDED USE THEREOF AND GRANTEE, BY ITS ACCEPTANCE HEREOF, ACKNOWLEDGES THAT GRANTEE IS PURCHASING THE PROPERTY "AS IS ", "WHERE IS" AND "WITH ALL FAULTS ". IN WITNESS WHEREOF, this instrument is executed on this the day of , 2002. 00005329. W PD 3 00005329.WPD VILLAGES AT WARNER RANCH PUD, LP By: THC /Southwest Division Limited Partnership, its general partner By: Hanover G.P LLC, its general partner By: 4 Kathy K. Binford, Vice President THE STATE OF TEXAS COUNTY OF HARRIS 00005329.WPD 5 § Acknowledgment This instrument was acknowledged before me on the day of , 2002, by Kathy K. Binford, Vice President of Hanover G.P. LLC, a Texas limited liability company and general partner of THC /Southwest Division Limited Partnership, a Texas limited partnership, on behalf of said partnership as the general partner of Villages at Warner Ranch PUD, LP, a Delaware limited partnership, as the act and deed of said company and partnerships. 5 Notary Public, State of Texas DATE: May 3, 2002 SUBJECT: City Council Meeting — May 9, 2002 Resource: Jim Nuse, Public Works Director Tom Word, Traffic Engineer Steve Sheets, City Attorney Outside Resources: None Impact: N/A Benefit: City acquires needed right -of —way for A.W. Grimes and SH 45 Public Comment: N/A Sponsor: N/A ITEM 16.A.2. Consider a resolution authorizing the Mayor to execute a Real Estate Contract with Villages at Warner Ranch PUD, L.P. for right - of -way for SH 45. History: 1) Villages at Warner Ranch PUD, L.P. donated approximately 2.5 acres for SH 45 right -of -way as part of PUD No. 42. The PUD also provided for the transfer of future abandoned right -of -way and surplus land west of A.W. Grimes when the A.W. Grimes right -of -way was finalized. This agreement transfers 0.78 acre of property pursuant to the PUD agreement. 2) The agreement also purchases an additional 1.089 acres of additional right -of -way required to accommodate design changes for SH 45. Funding: Cost: $98,747 Source of funds: Transportation System Development Corporation SPECIAL WARRANTY DEED STATE OF TEXAS § § KNOW ALL PERSONS BY THESE PRESENTS COUNTY OF WILLIAMSON CITY OF ROUND ROCK, TEXAS, a Texas Home Rule City ( "Grantor "), for and in consideration of the sum of TEN AND NO /100 DOLLARS ($10.00) in hand paid to Grantor by VILLAGES AT WARNER RANCH PUD, LP, a Delaware limited partnership ( "Grantee "), whose mailing address is c/o The Hanover Company, 5847 San Felipe, Suite 3600, Houston, Texas 77057, and other good and valuable consideration, the receipt and sufficiency of which consideration are hereby acknowledged, has GRANTED, SOLD and CONVEYED, and by these presents does GRANT, SELL AND CONVEY unto Grantee that certain tract of real property located in Williamson County, Texas, as more particularly described on Exhibit A attached hereto, incorporated herein and made a part hereof for all purposes, together with any rights and appurtenances of Grantor pertaining thereto (the "Property"). TO HAVE AND TO HOLD the Property, together with all and singular the rights and appurtenances thereto in anywise belonging unto Grantee, its successors and assigns forever; and Grantor does hereby bind itself and its successors and assigns to WARRANT AND FOREVER DEFEND all and singular the Property unto Grantee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof by, through or under Grantor but not otherwise; provided that this conveyance and the warranty of Grantor herein contained are subject to all easements, rights -of -way, and prescriptive rights, whether of record or not; all presently recorded restrictions, reservations, covenants, conditions, oil, gas or other mineral leases, mineral severances, and other instruments, other than liens and conveyances, that affect the Property; rights of adjoining owners in any walls and fences situated on a common boundary; any encroachments or overlapping of improvements; and taxes for the current year and taxes for prior years due to a change in land usage or ownership, the payment of which Grantee assumes. EXCEPT FOR THE WARRANTIES OF TITLE EXPRESSLY PROVIDED HEREIN, GRANTOR HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND OR NATURE WHATSOEVER (INCLUDING WARRANTIES OF HABITABILITY, MERCHANTABILITY AND FITNESS FOR PARTICULAR PURPOSE), WHETHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES WITH RESPECT TO THE PROPERTY, THE ENVIRONMENTAL AND SOIL CONDITIONS OR THE SUITABILITY OF THE PROPERTY FOR GRANTEE'S INTENDED USE THEREOF AND GRANTEE, BY ITS ACCEPTANCE HEREOF, ACKNOWLEDGES THAT GRANTEE IS PURCHASING THE PROPERTY "AS IS ", "WHERE IS" AND "WITH ALL FAULTS ". O: \wdaz\CORR \transprt \SH45 \warner \clsgdocs \00028542.DOC 1 c AdurtL, IN WITNESS WHEREOF, this instrument is executed on this /3y of 2002. CITY OF ROUND ROCK, TE By: STATE OF TEXAS § COUNTY OF WILLIAMSON§ This instrument was acknowledged before me on this / j — day of , 2002, by Nyle Maxwell, Mayor of the City of Round Roc Texas, a Texas Home Rule City, on behalf of said entity. 01wdox\ CORR\ transprt\SH45 \warner\clsgdocs\00028542, DOC Nuibituku osai2t41 Notary Public, State of Texas 2 Maxwell, Mayor 0.64 Acre Tract Memucao Hunt Survey A -314 Williamson County, Texas FN 2453 (TWH) February 13, 2002 SAM, Inc. Job No. 21105 -20 DESCRIPTION OF A 0.64 ACRE TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF WILLIAMSON COUNTY ROAD 170 (CR 170), A VARIABLE WIDTH RIGTH -OF -WAY, SAID 0.64 ACRE TRACT OF LAND AS SHOWN ON THE ACCOMPANYING SKETCH AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: COMMENCING at a 5/8 -inch i ron rod found in the west Right-of-Way (ROW) Ilne of said CR 170, same being the southeast corner of the remainder of a called 139.834 acre tract of land described in the deed to Villages at Warner Ranch PUD, LTD. as recorded in Document No. 199965664 of the Official Public Records of Williamson County, Texas; THENCE with said common line N 54° 26' 11" W, a distance of' 127.17 feet to a 12 -inch iron rod with a plastic cap set for the southwest corner of the tract described herein, and for the POINT OF BEGINNING; THENCE continuing with said common line the following two (2) courses and distances: 1. N 54° 26' 11" W, a distance of 2.35 feet to a 3/4 -inch iron rod found for an angle point, and 2. N 54° 10' 39" W. a distance of 512.16 feet to a l2 -inch iron rod with a plastic cap sct for the northwest corner of the tract described herein from which a 60D nail found for the intersection of the south ROW line of Louis Henna Boulevard (State Highway 45), a variably width ROW, and said CR 170 for the northeast corner of said 139.834 acre tract bears with said common line, 1-4 54° 10' 39" W, a distance of 105.96 feet THENCE leaving said common line and crossing said CR 170 with the north line of the tract described herein, N 70° 40' 36" E, a distance of 99.27 feet to a 1/2 -inch iron rod with a plastic cap set in the west line of Lot 5 of Henderson Tract Subdivision, a subdivision of record in Cabinet I, Slide 195 of the Plat Records of Williamson County, Texas, same being described in Exhibit `A' of an Agreed Judgement to the City of Round Rock recorded in Document No. 2002012405 of the Official Public Records Williamson County, Texas, for the northeast comer of the tract described herein, from which a 5/8 -inch iron pipe fotmd In the intersection of the south ROW line of said State Highway 45 and the cast ROW line of said CR 170, for the northwest corner of said Lot 5 bears with said east ROW line, N 54° 20' 05" W, a distance of 151.43 feet; Page t of 3 0.64 Acre Tract Memucan Hunt Survey A -314 Williamson County, Texas FN 2453 ('f WH) February 13, 2002 SAM, Inc. Job No. 21105 -20 THENCE with the common line of said CR 170 and said Lot 5, S 54° 20' 05" E, a distance of 215.69 feet to a 1/2- inch iron rod with a plastic cap set for the northeast corner of the tract described herein, from which a 1/2 -inch iron rod found for the southeast corner of said Lot 5 and the northeast corner of Lot I of said subdivision bears, with said east ROW line, S 54° 20' 05" E, a distance of 43.86 feet THENCE leaving said common line and crossing said CR 170 with the arc of a curve to the left, a distance of 256.53 feet, through a central angle of 16° 49' 01 ", having a radius of 874.00 feet, and a chord which bears 5 35° 27' 19" E, a distance of255.61 feet lo the POINT OF BEGINNING, and containing 0.64 acre (Aland, more or less. Bearing Basis: Bearings are based on the Texas State Plane Coordinate System, NAD 83, Central Zone and adjusted to surface using a surface adjustment factor of 1.00012. As provided by Doug Anderson, RPLS, Survcon. Inc. THE STATE OF TEXAS COUNTY OF WILLIAMSON SURVEYING AND MAPPING, Inc. 4029 Capital Of Texas Hwy., So. Suite 125 Austin, Texas 78704 KNOW ALL MEN BY 1TlESE PRESENTS: That I, Michael IL Hatcher, a Registered Professional Land Surveyor, do hereby certify that the above description is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made on the ground during September 2001 under my direction and supervision. WITNESS MY HAND AND SEAL at Austin, Travis County, Texas this the 15 day of February 2002 A.D. Poge 2 of 3 Mich. e Hatcher Regi ered Professional Land Surveyor No. 4259 - State of Texas P.0.8. \ CITY OF ROUND EXHIB T 'A' CALLED 17C N 1.79 \ C. No. 2002012405 0.P.R.W.C.TX_ FEBRUARY 2002 MEIJUCAN FR/NT SURVEY A -314 WE.LIAMSON COUNTY, TEXAS SCALE 1'•50' 0 25 50 NOTES: LOIUS HENNA BOULEVARD STATE HIGHWAY 45 • (VARIABLE WIDTH ROW) $ S N70" 40'36"E 99.27' DETAIL 'R DETAIL NOT TO SCALE LEGEND Q' 1E NON PIPE roue M1ESE DOTED O ' /a ••ON ADD of PLASTID UP SET A OW NAL EOUD ▪ aON 000 robe WA CM MLEEE DOTED RECORD 4547R147g44 PITNT FONT Of 50400)40 0 0)70 pr 41011 40 0 14 PE 7 04 4 4 40 OPo cr_ Or(CA waS RECORDS .uwaol 50).77. TE0AE WOO. NECOROE •RLU•40N CDINTY. T50AS AT CORDS N1l4Ll601 COWTT, TEEM •'•z' R RE DEED RECORDS Nilw.SCR COU477.TEX.q BEARINGS AND COORDINATES ARE BASED ON THE TEXAS STATE PLANE COORO54ATE SYSTEM. NAD 83, CENTRAL ZONE AND ADJUSTED TO SURFACE U5INC A SURFACE ADJUSTMENT FACTOR OF 7.00012. AS PROVIDED BY DOUG ANDERSON. RPLS. SURVCON. INC. DETAILS ARE NOT DRAWN TO SCALE. R HEREBY CERTIFY THAT THIS SURVEY WAS MADE ON THE GROUND UNDER MY DIRECTION MD SUPERVISION AND THAT THIS PLAT IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEOG H r R. HATCH R REC -TEREO PROFESSIONAL LAND SURVEYOR NO 4259. STATE OF TEXAS • INC. 4027 Cap2Wd Tr 1 0 Deal Ono :Rood PIBq 504. 196 Adn Tom 74704 1+'11117-0676 Sac (5121 326 C1 A -16' 49'01" R- 874.00' T- 129.19' L • 256.53' CB -S35' 27'19 "E C- 255.6r Q PROPERTY PLAT SHOWING A PORTION OF COUNTY ROAD 170 SEE DETAIL 'M PAGE 3 OF 3 REF. FIELD NOTE N0. 2453 ■ 0.13 Acre Tract Memucan Hunt Survey A -314 Williamson County, Texas DESCRIPTION OF A 0.13 ACRE TRACT OF LAND LOCATED 114 THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF LOT 5 HENDERSON TRACT SUBDIVISON, A SUBDIVISION OF RECORD IN CABINET I, SLIDE 195 OF THE PLAT RECORDS OF WILLIAMSON COUNTY, TEXAS, SAME BEING DESCRIBED IN EXHIBIT `A' OF THE AGREED JUDGEMENT TO THE CITY OF ROUND ROCK, TEXAS RECORDED IN DOCUMENT No. 2002012405 OF THE OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS, SAID 0.13 ACRE TRACT OF LAND AS SHOWN ON THE ACCOMPANYING SKETCH AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: COMMENCING at a 12 -inch iron rod found in the common line of said Lot 5, Lot 1 of said subdivision, and Williamson County Road 170, a variable width Right -of -Way (ROW) for the southwest comer of said Lot 5; THENCE with said common line, N 54° 20' 05" W, a distance of 43.86 feet to a 12 -inch iron rod with a plastic cap set for the southwest corner of the tenet described herein, and for the POINT OF BEGINNING; THENCE continuing with said common line, N 54° 20' 05" W, a distance of 215.69 feet to a 12 -inch iron rod with a plastic cap set for the northwest comer of the tract described herein, from which a 5/8 -inch iron pipe found for the intersection of the south ROW line of Louis Henna Boulevard (State Highway 45), a variable width ROW, and the east ROW line of said CR 170, same being the northwest comer of said Lot 5, bears with said east ROW line, N 54° 20' 05" W, a distance of 151.43 feet; THENCE leaving said common line and crossing said Lot 5 the following three (3) courses and distances: 1. N 70° 40' 36" E, a distance of 27.15 feet to a 1/2-inch iron rod with a plastic cap set for the northeast corner of the tract described herein, 2. with the arc of a non - tangent curve to the left, a distance of 124.14 feet through a central angle of 08° 07' 09", having a radius of 876.00 feet and a chord which bears S 65° 14' 03" E, a distance of 124.03 feet to a 12 -inch iron rod set for the southeast corner of the tract described herein, and 3. with the arc of a non- tangent curve to the left, a distance oF90.71 feet through a central angle of 05° 56' 48 ", having a radius of 874.00 feet and a chord which bears S 24° 04' 25" E, a distance of 90.67 Feet to the POINT OF BEGINNING, and containing 0.13 acre of land, more or less. Bearing Basis: Bearings are based on the Texas State Plane Coordinate System, NAD 83, Central Zone and adjusted to surface using a surface adjustment factor of 1.00012. As provided by Doug Anderson, RPLS, Surveon, Inc. THE STATE OF TEXAS COUNTY OF WILLIAMSON That 1, Michael R. Hatcher, a Registered Professional Land Surveyor, do hereby certify that the above description is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made on the ground during September 2001 under my direction and supervision. WITNESS MY HAND AND SEAL at Austin, Travis County, Texas this the 15" day of February 2002 A.D. SURVEYING AND MAPPING, Inc 4029 Capital Of Texas Hwy_, So. Suite 125 Austin, Texas 78704 KNOW ALL MEN BY THESE PRESENTS: Page 1 of 2 FN 2452 (TWH) February 13, 2002 SAM, Inc_ Job No. 211 05 -20 R. Hate er Re:' tered Professional No. 4259 - State of Te c1 &•08 R. 876.00' T - 62.17' L - 124.14' CB•S65 C- 124.03' C2 A•05° 56'48" R- 674.00' T - 45.40' L CB- S24. 04'25 "E C- 90.67' NOTES: AL C N \ f p C/ ?p. , e� C T r ps S C�� s IS NNNN • 1q�7 • - 1; BEARINGS EXAS STATE PP ALE TES DINATE S'STEM. NAD 83. CENTRAL ZONE AND ADJUSTED TO SURFACE USING A SURFACE ADJUSTMENT FACTOR OF 1.00012. AS PROVIDED BY DOUG ANDERSON, RPLS. SURVCON. INC. DETAILS ARE NOT DRAWN TO SCALE. I HEREBY CERTIFY THAT THIS SURVEY WAS MADE ON THE GROUND UNDER MY DIRECTION AND SUPERVISION AND THAT THIS PLAT IS TRUE - 0 CORRECT TO THE BEST OF MY KNOWLEDGE AND :viii. F . MICHI L R. HAT R REG TERED PROFESSIONAL LAND SURVEYOR N0. 4259. STATE OF TEXAS 4109 Caiibloirot. Hl.Jt*V S0. INC. Oa*, Oa4 om1•fl00 M..5o0c 125 ,edit Toga 29701 1612/ (575 3 n Far (515 529 9020 CITY OF ROUND ROCK EXHIBIT 'A' CALLED 1.79 ACRE DOC. No. 2002012405 O.P.R.W.C.TX. 002"1 �56'� DATE LOT 5 HENDERSON TRACT SUBDIVISION CAB. I, SL. 195 P.R. W.C.TX. PROPERTY PLAT SHOWING PROPERTY OF CITY OF ROUND ROCK FEBRUARY 2002 MEMUCAN HUNT SURVEY A -314 WA.LUVMSON COUNTY. TEXAS SCALE 1- -50• 0 25 50 LEGEND i PR RAE IV/SANER MAO 'O '/ A09 PPE FOLIO UNLESS WED O Ye 8011 ROD MI PLASM coo SET A CM.O0_ 9ED PO l9 • (% NON ROD mute Y1 CAP UNLESS NOTED 0 1 REEa7D 00011U7010.1 PONT OF DEGOe410 . w POW OF OCYDENCNO WW1 7700 FO110 w NON PPE 101.0+D °PA..., OFFIOK PUBIC RECORDS 11VIVsON COURT. 710AS Oi11C11L RECORDS Y DS WLLSON COMIC. 1E9AS ,ALI PLAT RCCCAOS W0L190SON COMP/. 1ESAS Ca92.7.. DCCD RECORDS nLLMYSON CO NTE. T00AS PAGE 2 OF 2 REF. FIELD NOTE NO 2452 LOT 1 ■ Parcel: 148, Parts 1 & 2 THE STATE OF TEXAS S S COUNTY OF WILLIAMSON S SPECIAL WARRANTY DEED State Highway 45 Right -of -Way WHEREAS, the City of Round Rock, Texas is authorized to purchase land and such other property rights deemed necessary or convenient for the construction, expansion, enlargement, extension, improvement, or operation of a portion of the proposed State Highway 45 ( "Project "); and, WHEREAS, the purchase of the hereinafter - described premises has been deemed necessary or convenient for the construction, expansion, enlargement, extension, improvement, or operation of the Project; NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS: That, VILLAGES AT WARNER RANCH PUD, LP, a Delaware Limited Partnership, hereinafter referred to as "Grantor," whether one or more, for and in consideration of the sum of Ten Dollars ($ 10.00) and other good and valuable consideration to Grantor in hand paid by the City of Round Rock, Texas, receipt and sufficiency of which is hereby acknowledged, and for which no lien is retained, either expressed or implied, have this day Sold and by these presents do Grant, Bargain, Sell and Convey unto the City of Round Rock, Texas all those certain tracts or parcels of land lying and being situated in the County of Williamson , State of Texas, being more particularly described as follows: Parcel 148; Part 1: 0.882 acre tract as more particularly described in Exhibit "A ", attached hereto and incorporated herein; and Parcel 148; Part 2: 0.207 acre tract as more particularly described in Exhibit "A ", attached hereto and incorporated herein. Grantor reserves all of the oil, gas and sulphur in and under the land herein conveyed but waives all rights of ingress and egress to the surface thereof for the purpose of exploring, developing, mining or drilling for same; however, nothing in this reservation shall affect the title and rights of the State to take and use all other minerals and materials thereon, therein and thereunder. With respect to Parcel 148, Part 1, as described above, Grantor hereby acknowledges that its use of and access to the expressway lanes to be constructed in conjunction with the highway improvement project for which the Land hereby conveyed shall become a part, shall be and forever remain subject to the same regulation by legally constituted authority as applies to the public's use thereof; and Grantor further acknowledges that the design and operation of such project require that access from Grantor's remaining property to said project shall be governed henceforth as indicated in Paragraphs (A)and (B) hereinbelow; 00005329.WPD 1 2002046158 10 P9s With respect to Parcel 148, Part 2, as described above, Grantor hereby acknowledges that its use of and access to the expressway lanes to be constructed in conjunction with the highway improvement project for which the Land hereby conveyed shall become a part, shall be and forever remain subject to the same regulation by legally constituted authority as applies to the public's use thereof; and Grantor further acknowledges that the design and operation of such project require that access from Grantor's remaining property to said project shall be governed henceforth as indicated in Paragraphs (A), (B), and (C) hereinbelow; and all abutter's rights, including rights of ingress and egress and the right of direct access to and from Grantor's remaining property to said project, which have accrued or might otherwise accrue to Grantor, its successors or assigns are hereby waived, released and relinquished insofar as they appertain to Paragraphs (B) and (C) hereinbelow: 00005329.WPD (A) Access to and from Grantor's remaining property will be permitted: To the remainder abutting the highway facility. (B) Access to and from Grantor's remaining property will be denied: Access will not be denied. (A) Access to and from Grantor's remaining property will be permitted: To the remainder abutting the highway facility between a point being the beginning of the first call and a point being 50 feet S 75° 16' 28" W of the beginning of the second call for the description of Parcel 148, Part 2 as shown on Exhibit "A ". (B) Access to and from Grantor's remaining property will be denied: To the remainder abutting the highway facility between a point being 75 feet 5 75° 16' 28" W of the beginning of the second call and a point being 350 feet (arc length) in a southwesterly direction from the beginning of the third call of the description of Parcel 148, Part 2 as shown on Exhibit "A ". (C) Access to the Grantor's remaining property will be permitted and access from the Grantor's remaining property will be denied: To the remainder abutting the highway facility between a point being 350 feet (arc length) in a southwesterly direction from the beginning of the third call to a point being the end of the fourth call of the description of Parcel 148, Part as shown on Exhibit "A ". RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: Easements, rights -of -way, and prescriptive rights, whether of record or not; all presently recorded restrictions, reservations, covenants, conditions, oil, gas or other 2 mineral leases, mineral severances, and other instruments, other than liens and conveyances, that affect the property; rights of adjoining owners in any walls and fences situated on a common boundary; any encroachments or overlapping of improvements; and taxes for the current year, the payment of which Grantee assumes. TO HAVE AND TO HOLD the premises herein described and herein conveyed together with all and singular the rights and appurtenances thereto in any wise belonging unto the City of Round Rock, Texas and its assigns forever; and Grantor does hereby bind itself, its successors and assigns to Warrant and Forever Defend all and singular the said premises herein conveyed unto the City of Round Rock, Texas and its assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof by, through, or under Grantor, but not otherwise. This deed is being delivered in lieu of condemnation. EXCEPT FOR THE WARRANTIES OF TITLE EXPRESSLY PROVIDED HEREIN, GRANTOR HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND OR NATURE WHATSOEVER (INCLUDING WARRANTIES OF HABITABILITY, MERCHANTABILITY AND FITNESS FOR PARTICULAR PURPOSE), WHETHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES WITH RESPECT TO THE PROPERTY, THE ENVIRONMENTAL AND SOIL CONDITIONS OR THE SUITABILITY OF THE PROPERTY FOR GRANTEE'S INTENDED USE THEREOF AND GRANTEE, BY ITS ACCEPTANCE HEREOF, ACKNOWLEDGES THAT GRANTEE IS PURCHASING THE PROPERTY "AS IS ", "WHERE IS" AND "WITH ALL FAULTS ". IN WITNESS WHEREOF, this instrument is executed on this the 12th day of June, 2002. 00005329.WPD VILLAGES AT WARNER RANCH PUD, LP By: THC /Southwest Division Limited Partnership, its general partner By: Hanover G.P LLC, its general partner By: 4 Kathy labe President 3 THE STATE OF TEXAS 5 COUNTY OF HARRIS § Acknowledgment This instrument was acknowledged before me on the kAday of , 2002, by Kathy K. Hinford, Vice President of Hanover G.P. LLC, a✓1,exas limited liability company and general partner of THC /Southwest Division Limited Partnership, a Texas limited partnership, on behalf of said partnership as the general partner of Villages at Warner Ranch PUD, LP, a Delaware limited partnership, as the act and deed of said company and partnerships. 0O OS329.WPD SHIRLEY BANKS ROBINSON k NOTARY PUBLIC, STATE OF TEXAS `\ MY COMMISSION EXPIRES 11 MARCH 16, 2003 ti 4 lic, State of Texas County: Williamson Parcel No.: 148 Highway: State Highway 45 Limits: From: Greenlawn Boulevard To: 1919 feel east of CR 170 CSJ: PART FNI756R EXHIBIT A FIELD NOTE DESCRIPTION FOR PARCEL 148 Page 1 of 5 June 15, 2000 DESCRIPTION OF A 0.882 ACRE (38,414 SQUARE FEET) TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, IN WILLIAMSON COUNTY, TEXAS; BEING A PORTION OF THE REMAINDER OF A CALLED 138.543 ACRE TRACT OF LAND (TRACT I), THE REMAINDER OF A CALLED 0.363 ACRE TRACT OF LAND (TRACT II), AND THE REMAINDER OF A CALLED 0.928 ACRE TRACT OF LAND (TRACT 11I) CONVEYED IN THE SPECIAL WARRANTY DEED TO VILLAGES AT WARNER RANCH PUD, LP AS RECORDED IN DOCUMENT NO. 199965664 OF THE OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS, SAID 0.882 ACRE (38,414 SQUARE FEET) TRACT, AS SHOWN ON THE RIGHT -OF -WAY SKETCH PREPARED BY SAM. INC. FOR THIS PARCEL, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a Texas Department of Transportation (TxDOT) Type II concrete monument set in the east Right - of -Way (ROW) line of Jazz Street (a 70 -foot wide ROW) dedicated in Remington Heights, Phase 1, Section A a subdivision of record in Cabinet N, Slide 238 of the Plat Records Williamson County, Texas ( P.R.W.C.TX.), same being the west line of said Tract HI, also being in the proposed south ROW line of State Highway 45, for the southwest corner of the tract described herein. and being 262.82 feet right of Survey Baseline Station 615 +85.49. from which a 1/2 -inch iron rod found bears S 16° 33' 52" E, a distance of 545.51 feet; I) THENCE with the common line of Jazz street, and said Tract III, N 16' 33' 52" W, a distance of 113.72 feet to a calculated point, for the common corner of a tract of land dedicated to the City of Round Rock for Public Right of Way purposes, executed on October 21 ", 1999 (recording information not available as of June 15 2000), and the northwest corner of the remainder of said Tract 111, also being the northwest corner of the tract described herein; 2) THENCE leaving said cotntnon line with the common line of said City of Round Rock tract and the remainders of said Tract 111 Tract I1. and Tract I N73 °30'23 "E, a distance of 488.85 feet to a calculated point in the west ROW line of Warner Ranch Drive (having a variable width R.O.W.) as shown on the plat of Warner Ranch Phase 1 -A, recorded in Cabinet S, Slide 25 -28 of the P.R.W.C.TX., and being the northeast comer of the tract described herein; 3) THENCE with said ROW line, S09 °57'47"E, a distance of 92.77 feet to a Texas Department of Transportation ( TxDOT) Type II concrete monument set, same being the southeast comer of the tract described herein and being 264.77 feet right of Survey Baseline Station 620+62.79; THENCE crossing said Tract I, Tract f1, and Tract 111, the following six (6) courses and distances, numbered 4 through 9: 4) N 61° 21' 10" W, a distance of 38.10 feet to a TXDOT Type II concrete monument set, being 236.47 Feet right of Survey Baseline Station 620 +37.28, 200131 -20 5) with the arc of a curve to the right a distance of 179.53 feet through a central angle of 01 46' 25 ", having a radius of 5800.00 feet, and whose chord bears S 68° 11' 39" W, a distance of 179.53 feet to a TXDOT Type II concrete monument set, being 244.25 feet right of Survey Baseline Station 618 +57.92, 6) S 74° 21' 59" W, a distance of 151.66 feet to a TXDOT Type II concrete monument set, being 23450 feet right of Survey Baseline Station 617+06.57, 7) with the arc of a curve to the right passing at an arc distance of 3.42 feet a TXDOT Type 1I concrete monument set, being 234.50 feet right of Survey Baseline Station 617 +03.15. continuing for a total arc distance of 46.53 feet, through a central angle of 00° 27' 38 ", having a radius of 5788.00 feet, and whose chord bears 5 70 48' 23" W, a distance of 46.53 feet to a TXDOT Type II concrete monument set, being 234.43 feet right of Survey Baseline Station 616 +60.48, 8) S 70° 59' 21" W, a distance of 45.79 feet to a TXDOT Type 1I concrete monument set. being 234.32 feet right of Survey Baseline Station 616 +15.15, and 9) S 27° 11' 26" W, a distance of 41.50 feet to the POINT OF BEGINNING and containing 0.882 acre (38,414 square feet) of land, more or less. PART 2 Page 2 of 5 June 15, 2000 DESCRIPTION OF A 0.207 ACRE (8,996 SQUARE FEET) TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, IN WILLIAMSON COUNTY, TEXAS; BEING A PORTION OF A CALLED 138.543 ACRE TRACT OF LAND (TRACT I) CONVEYED IN THE SPECIAL WARRANTY DEED TO VILLAGES AT WARNER RANCH PUD, LP AS RECORDED IN DOCUMENT NO. 199965664 OF THE OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS, SAID 0.207 ACRE (8,996 SQUARE FEET) TRACT, AS SHOWN ON THE RIGHT -OF -WAY SKETCH PREPARED BY SAM, INC. FOR THIS PARCEL, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a Texas Department of Transportation ( TxDOT) Type II concrete monument set in the west Right - of -Way (ROW) line of County Road 170 (a varying width ROW, no recording information found), same being the east line of the remainder of said 138.543 acre tract, also being in the proposed south ROW line of State Highway 45, for the southeast corner of the tract described herein and being 211.50 feet right of Survey Baseline Station 629 +30.95, from which a 112 -inch iron rod found in said common line bears S 54° 10' 38" E, a distance of 512.78 feel; THENCE crossing the remainder of said 138.543 acre tract with the proposed south ROW line of saki State Highway 45 the following four (4) courses and distances, numbered 1 through 4: 1) S 70° 40' 42" W, a distance of 189.05 feet to a TXDOT Type 11 concrete monument set, being 211.50 feet right of Survey Baseline Station 627+41.90, 2) S 75° 16' 28" W, a distance of 149.76 feet to a TXDOT Type II concrete monument set, being 199.50 feet right of Survey Baseline Station 625 +92.62, 3) with the arc of a curve to the left an arc distance of 391.14 feet, through a central angle of 03° 55' 29 ", having a radius of 5710.00 feet, and whose chord bears, S 68° 42' 58" W, a distance of 391.06 feet to a TXDOT Type II concrete monument set, being 212.89 feet right of Survey Baseline Station 622 +01.79, and 4) S 28 22' 08" W, a distance of 46.30 feet to a TXDOT Type II concrete monument set in the east ROW line of Warner Ranch Drive (having a variable width ROW) as shown an the plat of Warner Ranch Phase 1 -A, recorded in Cabinet S, Slide 25 -28, of the Plat Records of Williamson County. Texas, same being a west Tine of the remainder of said 138.543 acre tract, being 244.62 feet right of Survey Baseline Station 621 +67.55, from which a 1 -inch iron rod with a plastic cap found in said common line bears. S09 °57'47 "E, a distance of 58.27 feet; FN 1756R 20081 -20 5) THENCE with said common line, N or 57' 47" W, a distance of 66.74 feet to a calculated point for the west common corner of the remainder of said 138.543 acre tract, and a tract of land conveyed to the City of Round Rock for 'right -of -way purposes executed October 21, 1999, no recording information available as of June 15, 2000, and being the northwest comer of the tract described herein, from which a 1/2-inch iron rod with a plastic cap found in said east R.O.W. line, same being the west line of said City of Round Rock tract, bears, N09 °57'47"W, a distance of 100.00 feet; THENCE with the south line of said City of Round Rock tract, same being a north line of the remainder of said 138.543 acre tract the following three (3) courses and distances, numbered 6 through 8: 6) N 73° 30' 23" E, a distance of 659.04 feet to a calculated point, 7) N 00° 02' 14" W, a distance of 10.50 feet to a calculated point, and 8) N 69° 13' 25" E, a distance of 81.97 feet to a calculated point in the west Right -of -Way line of said County Road 170, same being the east line of the remainder of said 138.543 acre tract and being the northeast corner of the tract described herein; 9) THENCE with said common line, S 54° 10' 38" E, a distance of 15.57 feet to the POINT OF BEGINNING and containing 0.207 acre (8996 square feet) of land, more or less. BEARING BASIS: Texas State Plane Coordinate System, Central Zone, NAD 83. THE STATE OF TEXAS COUNTY OF TRAVIS { SURVEYING AND MAPPING, Inc. 4029 Capital Of Texas Hwy.. So. Suite 125 Austin, Texas 78704 KNOW ALL MEN BY THESE PRESENTS: Page 3 of 5 June 15, 2000 That 1, Michael R. Hatcher, a Registered Professional Land Surveyor, do hereby certify that the above description is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made on the ground June 2000 under my direction and supervision. WITNESS MY HAND AND SEAL at Austin, Travis County. Texas this the 16' day of June, 2000. ichaeVR. Hatcher Register Professional Land Surveyor No. 4259 - -ti Texas FN1756R 20081 - 20 CITY OF ROUND ROCK DEED, .FOR "PUBLIC RIGHT -OF -WAY PURPOSES" - -_. EXECUTED OCTOBER 21 1999 - RECORDING INFORMATION NOT AVAILABLE AS OF JUNE 15, 2000 ''14 3 30'23 "E 488.85' ASA THOMAS S UR V J.'Y A-60,9 • --1TILLJAMSON COUNTY, TEXAS SCALE r' /..Too. J N " 1 STATE OF TEXAS - °1.620 'ARE_ VOL. 1544, PG. 20 4 O.R.W.C.Tx. P,O.R NOTES' J a U L1 L2 527'1726"w 570 41.50' 45.79' L3 36.10' BEARINGS AND COORDINATES ARE BASED ON THE TEXAS STATE PLANE COORDINATE SYSTEM, MAO 83, CENTRAL ZONE AND ADJUSTED TO SURFACE USING A SURFACE ADJUSTMENT FACTOR OF 1.00012. AS PROVIDED BY DOUG ANDERSON, RPLS, SURVCON. INC. IMPROVEMENTS SHOWN HEREON ARE BASED UPON 70007 AERIAL SURVEY DIGITAL FILES. THERE MAY BE ADDITIONAL UNDERGROUND. OR OTHER, IMPROVEMENTS NOT SHOWN. STATE HWY 45 LOUIS HENNA BLVD. (VARIABLE WIDTH R.O.W.I 61]•06.97 616 -57.02 PROPOSED R.O.W. L1f1E "'239.50'41 24&25'RT 62 0.62.79 2 69.77 TIT 016.10.18 VILLAGES AT WARNER RANCH PUD. L.P. 234.32' RT REMAINDER CALLED 138.543 ACRES DOC. No 199965664 c1 O.P.R.W,C.Tx. 8.01 46'25" Y 4.5800.- 419 9 .97 5.1. 00 CC 5S 0-99 5311'39 "W C2 L43 L- 46.6.53' 6-570' 46'23 "W -4 • 46.53.53 ' MEMUCAN HUNT 0029 Co140ol T• . 11166.0* S0. um Bad° Oak PaNI•5NIPIam,6ude Ira A•n6•, Tam 7678( F2x (61 3'.W 30• 03 L -3.42 1.7 ' 0-3 42' 38'31 "W C -3.42' oETNL C SURVEY A- 394 I C3 `` 617-03.15 617.06.57 1 234.50' R 1 234.50' AT/ DUALS ARE NOT DRAWN TO SCALE. RECORDERS MEMORANDUM All or parts of the text on this page was not clearly legible for satisfactory recordation. TRACT I PARCEL INFORMATION E 010E1( •ARCEL N0. 14g PMr 0E00 66616004 138.434 AE. 16.001.169 SO. FT.. fAgv4. 0.010 Ac. 135.414 SO. FT,! N 70' 40' 4,0' e 5000.48' SURVEY BASE! INF. 5 00NANDER 36.86 66. 16,052.667 50. FT.I EXISTING R.O.W. LINE RVEY BASEL /NE CUAVL 04174 715/6 600.79.40 6/ • 001509465092 E • 3139856,509 e• 40r a a/y oa' L • /648Jr r • 624.47 R - 229/029' PC 5Y0 600 - PT S/* 61 LEGEND • TYPE 1 CONCRETE MONUMENT FOUND 61 TYPE 1 CONCRETE MONUMENT FOUND • TYPE [CONCRETE MONUMENT SET • 14- PIPE FOUL MLE55 NOTED O IA" RON 500 511 TV/ 1E001 CAF 1.2,055 NOTED • Va NON We FOUND 11 NOTED • 60 0 NAIL r 6 ouNo U.000 DOTED e GLCLIL4TED PONT ` P0 LINE 6 RECORD L N N FORMA70N PRA POINT Or DEMONIC 6.00. PON7 OF COUNEN0N6 AAA POPO OF REFERENCE Ps. NMI OF CUNAT0RE 51 FOUNT OF TAN0E•C• (40N"T OU040 R FM PIPE POUND 6.20. PURLIC yTL177 EASEMENT 0A.166.51.. WTICIAL 1 0600005 001006060 COUNTY, 10440 04.6.0.6., OFF104 REC0605 01.1100506 COUNTY. TE005 42600.+.- 8.08 •0160105 WILLU1SON COUNTY, 7E645 OANAt.. 0(00 RECORDS 1RLIw*SON COUNTY, TE %05 RIGHT -OF -WAY PLAT PAGE 4 OF 5 SHOWING PROPERTY OF R1 F. FIELD VILLAGES AT WARNER RANCH PUD, L.P. MOTE 140. 17661 PARCEL 11 8 PART 1 FARCE! INFORMATION @LOCK Mal N0. PINT 2 Tam ACRES 0 19,0175 T., DEW WREAK 1 0.04413 SDPT,1 OTNNNDER 0,0 K 1 0.00p,5R0 . F1.) $0 4 244.02' 71 • • • • 4 .4. 1 • c O DETAIL 8 a' 43 3 81.97' '� 41, DETAIL C �CF �y ,9 �' "_ •� c 9 ( � 4 659.04' \, e O F O 1F� �� AS. QL ' 'PA' • o CP �P 4 90 C4 `r • C 189.05 J- G C ���625.92!62 799.50' RT LEGLND F.04. AC. 11 0171, OF Cd0 •CNO i.5 •0•77 OF 0CFE0E110E PONY OF Eyq (.1IRE . P 00. 177 TANOCNCY ON ROO 0 11 CURVE 1 •014 000 FOU•] PF NOR POE F wO0 119.7. MOM UTNIF CASEMENT 07 RECORDS 7.7..00.14. 0717C1µ PUBLIC 00005 WLLUNSpN COlm TEKAS O( :40. 0.7.,.. PLAT k RECORDS A'LLIN750N COUNTY, 17045 ••••,, DEED RC 000 YL LIAN5 7N COUNTY. 1710.5 TYPE 1 CONCRETE NONONENT FOUND TYPE N CONCRETE MONUMENT FOUND TYPE UCONCRETE MONUMENT SET Yr PPE F01110 UNLESS NOTED 77 0 ROO SET WI 1$000 CAP UNLESS NOTED '/" TON ROD FOUND UNLESS NOTED 00 0 NW SET UNLESS NOTED 00 D NAO, FOUND uN.k0S 00170 01.0.11.00 PONT /17007477 004 R ENTCO 001E RECORD •FOIOUArpN 4 rs ¢� Zc 4 O F • F 6 44 %st a t c FCG�r 4•20 740000150747 9577140 So. amOm OR45 ProIN SMN 125 7512 4 Amin. 70704 0, 44779 RN Mt 9254020 \9A Grp 4' ` % - • 55'29" R-5710.00 L • 391.14' T- 195.65' 0 15 . 368 . 42'58 "w C- 391.06' ^ WILLIAMSON COUNTY, TEXAS f SCALE � � \\C": r =roo' �� 6 N J' • o SP e o r P� j 7Lp no c - sdsf' �p s 6 1 y, O�i1 •20?* ?�g 00 9L C ,2 9 >r ` \ SGa �. G s F c p i O � ,A L4 526 "w 4 6.30' I HEREBY CERTIFY THAI THIS SURVEY WAS MADE ON THE 0007106 17078 vY ORTECTION AND SUPERVISION ANO TI4A THIS PLAT 15 TRUE AND CORRECT TO THE PEST OF MY KNOWLEDGE AND RELIEF. L R. HAT RE0. TERED PROFESS,0NAL LAND SURVEYOR N0. 4258. STATE OF TEXAS 7.? 4'14, � a pg AP '14, N. 1- \ '7\ r y57 15 ' Z- . 4c D '.; 1A� •D. TE r P.O.E. PARCEL 140.... PART 2 529.30,95 217.50' R7 N. 101514 25.93048 E. 3141 802,75591 5' w n' n • n� U RIGI-IT -OF -WAY PLAT PAGE 5 OF 5 SHOWING PROPER fY OF REF F O . 766R VILLAGES AT WARNER RANCH PLO, I_.P. PARCCL PART 7 f AT FILED MD RECORDED OFFICIAL PUBLIC RECORDS 06 -18- 2002"`01:13 PM 2002046158 SUSAN $27.00 NANCY E. RISTER ,COUNTY CLERK WILLIAMSON COUNTY, TEXAS THE STATE OF TEXAS COUNTY OF WILLIAMSON REAL ESTATE CONTRACT THIS REAL ESTATE CONTRACT ( "Contract ") is made by and between VILLAGES AT WARNER RANCH PUD, LP, a Delaware limited partnership (referred to in this Contract as "Seller") and the CITY OF ROUND ROCK, a Texas Home Rule City of 221 E. Main St. Round Rock, Williamson County, Texas (referred to in this Contract as "Purchaser "), upon the terms and conditions set forth in this Contract. RECITALS Purchaser has previously threatened condemnation of the Property (described below.) Under threat of condemnation, Seller agrees to convey the Property to Purchaser, and this Contract sets forth the terms and provisions of such sale in lieu of condemnation. ARTICLE I PURCHASE AND SALE 1.01 By this Contract, Seller sells and agrees to convey, and Purchaser purchases and agrees to pay for, two parcels of land situated in Williamson County, Texas, being more particularly described as follows: Parcel 148; Part 1: 0.882 acre tract as more particularly described in Exhibit "A ", attached hereto and incorporated herein; Parcel 148; Part 2: 0.207 acre tract as more particularly described in Exhibit "A ", attached hereto and incorporated herein, together with all and singular the rights and appurtenances pertaining to the property, including any right, title and interest of Seller in and to adjacent streets, alleys or rights -of -way (all of such real property, rights, and appurtenances being referred to in this Contract as the "Property"), together with any improvements, fixtures, and personal property situated on and attached to the Property, for the consideration and upon and subject to the terms, provisions, and conditions set forth below. Control of Access Part 1 1.02 With respect to Parcel 148, Part 1, as described above, Seller hereby acknowledges that its use of and access to the expressway lanes to be constructed in conjunction with the highway improvement project for which the land hereby conveyed shall become a part, shall be and forever remain subject to the same regulation by legally constituted authority as applies to the public's use thereof; and Seller further acknowledges that the design and operation of such project require that access from Seller's remaining property to said project shall be governed henceforth as indicated in Paragraphs (A)and (B) hereinbelow; (A) Access to and from Seller's remaining property will be pennitted: To the remainder abutting the highway facility. (B) Access to and from Seller's remaining property will be denied: Access will not be denied. Control of Access Part 2 1.03 With respect to Parcel 148, Part 2, as described above, Seller hereby acknowledges that its use of and access to the expressway lanes to be constructed in conjunction with the highway improvement project for which the land hereby conveyed shall become a part, shall be and forever remain subject to the same regulation by legally constituted authority as applies to the public's use thereof; and Seller further acknowledges that the design and operation of such project require that access from Seller's remaining property to said project shall be governed henceforth as indicated in Paragraphs (A), (B), and (C) hereinbelow; and all abutter's rights, including rights of ingress and egress and the right of direct access to and from Seller's remaining property to said project, which have accrued or might otherwise accrue to Seller, its successors or assigns are hereby waived, released and relinquished insofar as they appertain to Paragraphs (B) and (C) hereinbelow: (A) Access to and from Seller's remaining property will be permitted: To the remainder abutting the highway facility between a point being the beginning of the first call and a point being 50 feet S 75° 16' 28" W of the beginning of the second call for the description of Parcel 148, Part 2 as shown on Exhibit "A ". (B) Access to and from Seller's remaining property will be denied: To the remainder abutting the highway facility between a point being 75 feet S 75° 16' 28" W of the beginning of the second call and a point being 350 feet (arc length) in a southwesterly direction from the beginning of the third call of the description of Parcel 148, Part 2 as shown on Exhibit "A ". (C) Access to the Seller's remaining property will be permitted and access from the Seller's remaining property will be denied: To the remainder abutting the highway facility between a point being 350 feet (arc length) in a southwesterly direction from the beginning of the third call to a point being the end of the fourth call of the description of Parcel 148, Part as shown on Exhibit "A ". Seller acknowledges that the Special Warranty Deed provided for herein will contain language limiting the access to Seller's remaining property as set forth above. Z: \ Legal \ Warner Ranch flu Round Rnck\CBy Connct011802FINA13B.doe 2 ARTICLE II PURCHASE PRICE Amount of Purchase Price 2.01. The Purchase Price (the "Purchase Price ") for the Property shall be the sum of Three Hundred Forty-seven Thousand and no /100 Dollars ($347,000.00). Seller and Purchaser acknowledge and agree that Purchaser has paid to Seller a portion of the Purchase Price in the amount of $248,253.00 (the "Prepaid Amount ") in accordance with that certain Possession and Use Agreement for Transportation Purposes dated as of January 25, 2001, executed by and between Seller and Purchaser duly filed for record under Document No. 2001009080 in the Official Records of Williamson County, Texas, which amount shall be credited to the Purchase Price at Closing. Payment of Purchase Price 2.02. The balance of the Purchase Price shall be paid by Purchaser to Seller in cash at the Closing. Z.:H<gall Warner Ranch go Round Rod \CNy Cumran011802FINAI3B.dot ARTICLE III PURCHASER'S AND SELLER'S OBLIGATIONS Conditions to Purchaser's Obligations 3.01. Within ten (10) days after the date hereof, Purchaser, at Purchaser's sole cost and expense, shall have caused Austin Title Company (the "Title Company") of 101 E. Old Settlers Blvd., Round Rock, Texas 78664, to issue a title commitment (the "Title Commitment "), committing the Title Company to issue the Owner's Title Policy pursuant to the terms and conditions thereof. Purchaser has been afforded the opportunity to fully inspect the Property, the state of title thereto and all other matters relating to the Property, including its feasibility and its suitability for Purchaser's intended use, and Purchaser hereby approves and agrees to purchase the Property subject to those items set forth on Exhibit "B" attached hereto and made a part hereof for all purposes, general real estate taxes for the year of Closing and subsequent years not yet due and payable and subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership (the "Permitted Exceptions "). Conditions to Seller's Obligations 3.02. As additional consideration for Seller entering into this Contract and conveying the Property to Purchaser, Purchaser has agreed to convey to Seller, pursuant to the terms of this Section 3.02, the strip of land as contemplated by the final paragraph of Section 15.2 of that one certain Agreement and Development Plan Warner Ranch Planned Unit Development No. 42 (the "PUD "), as approved by Ordinance No. Z- 99- 08- 12 -9B6, adopted by the Round Rock City Council on August 12, 1999, as depicted on Exhibit "C" attached hereto (the "CR170 Tract "). 3 (a) Within ten (10) days after the Effective Date of this Contract, Purchaser, at its sole cost and expense, shall deliver, or cause to be delivered, to Seller a title commitment issued by the Title Company and a current, staked, on- the -ground survey prepared by a licensed surveyor in the State of Texas and meeting the requirements of a Category IA, Condition II survey of the Texas Surveyors Association Standards and Specifications. After the survey has been prepared and approved by Purchaser and Seller, the legal description from such survey will be substituted for the legal description of the CR170 Tract contained herein. All revisions to the aforementioned survey requested by Seller shall be at Seller's cost and expense. (b) At Closing, Purchaser shall deliver to Seller a duly executed and acknowledged Special Warranty Deed, in the form attached hereto as Exhibit 'D ", conveying good and indefeasible title in fee simple to the CR170 Tract, free and clear of any and all monetary liens and encumbrances and being subject only to those matters approved by Seller in the title commitment issued pursuant to Section 3.02(a) hereof (c) PURCHASER SHALL SELL AND CONVEY TO SELLER AND SELLER SHALL ACCEPT THE CR170 TRACT "AS IS, WHERE IS, WITH ALL FAULTS" EXISTING AS OF THE EFFECTIVE DATE OF THIS CONTRACT, EXCEPT TO THE EXTENT EXPRESSLY PROVIDED OTHERWISE IN THIS CONTRACT, INCLUDING, WITHOUT LIMITATION, AS SPECIFIED IN SECTION 3.02(b) ABOVE AND IN THE AFOREMENTIONED SPECIAL WARRANTY DEED. (d) In the event Purchaser fails to satisfy the obligations set forth in this Section 3.02 as provided herein, Seller shall have the right to either bring suit for damages against Purchaser or enforce specific performance against Purchaser as provided in Article VIII hereof. 4.01. At the Closing, Seller shall: ZA epRWarnr Ranch flu Round RoddCity Coot'add011802rINAL3B.doe ARTICLE IV CLOSING The consummation of the purchase of the Property by Purchaser from Seller in accordance with the terms and provisions hereof (the "Closing ") shall be held at the Title Company on or before May 24, 2002, or at such time, date, and place as Seller and Purchaser may agree upon (which date is herein referred to as the "Closing Date "). Seller's Obligations (a) Deliver to Purchaser a duly executed and acknowledged Special Warranty Deed, in the form attached hereto as Exhibit "E ", conveying good and indefeasible title in fee simple to all of the Property, free and clear of any and all liens, encumbrances, conditions, easements, assessments, and restrictions, except for the Permitted Exceptions. 4 Purchaser's Obligations 4.02 At the Closing, Purchaser shall: (a) Pay the Purchase Price in cash to Seller; (b) Pay for the Texas Owner's Title Policy, at Purchaser's sole expense, issued by the Title Company, in Purchaser's favor in the full amount of the Purchase Price, insuring Purchaser's fee simple title to the Property subject only to the Permitted Exceptions and the standard printed exceptions contained in the usual form of Texas Owner's Title Policy; (c) Execute, acknowledge and deliver the Special Warranty Deed for the CR170 Tract in accordance with Section 3.02(b) hereof. Prorations 4.03 General real estate taxes for the then current year relating to the Property, shall be prorated as of the Closing Date and shall be adjusted in cash at the Closing. If the Closing shall occur before the tax rate is fixed for the then current year, the apportionment of taxes shall be upon the basis of the tax rate for the next preceding year applied to the latest assessed valuation. All special taxes or assessments to the Closing Date relating to the Property and then due and payable, shall be paid by Seller. Purchaser will bear the burden of paying any rollback taxes, if any, resulting from a change of use of the Property. The provisions of this Section 4.03 shall survive conveyance of the Property by Seller to Purchaser. Closing Costs 4.04 All costs and expenses of Closing in consummating the sale and purchase of the Property shall be borne and paid as follows: 1. Owner's Title Policy for the Property paid by Purchaser; 2. Filing fees for deed paid by Purchaser. ARTICLE V REAL ESTATE COMMISSIONS Seller will be solely responsible for all real estate brokerage commissions due to any brokers representing the Seller. Purchaser will be solely responsible for all real estate brokerage commissions due to any brokers representing the Purchaser. ARTICLE VI ESCROW DEPOSIT For the purpose of securing the performance of Purchaser under the terms and provisions of this Contract, Purchaser shall deliver to the Title Company following the execution hereof, the sum of One Z \lepl \Warner Ranch flu Round Rod \Clly COntrn1011002FINAL3B.doc 5 Thousand and no /100 Dollars ($1,000.00), the Escrow Deposit, which shall be paid by the Title Company to Seller in the event Purchaser breaches this Contract as provided in Section 3.01 hereof following receipt of Seller's written notice terminating this Contract, in which event neither party shall have any further obligations hereunder except for any obligations set forth herein which specifically survive the termination hereof. At the Closing, the Escrow Deposit shall be paid over to Seller and applied to the Purchase Price, provided, however, that in the event the Purchaser shall have given written notice to the Title Company that one or more of the conditions to its obligations set forth in Section 3.01 have not been met, or, in the opinion of Purchaser, cannot be satisfied, in the manner and as provided for in Section 3.01, then the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser following receipt of Purchaser's written notice terminating this Contract, in which event neither party shall have any further obligations hereunder except for any obligations set forth herein which specifically survive the termination hereof. In the event Seller shall fail to fully and timely perform any of its obligations hereunder or shall fail to consummate the sale of the Property for any reason, except Purchaser's default, Purchaser may, as its sole and exclusive remedy, either: (1) enforce specific perfonmance of this Contract (in which case Purchaser shall be deemed to have agreed to accept title to the Property subject to all matters of record); or (2) waive any of such requirements and complete the purchase of the Property as herein provided; or (3) terminate this Contract in which event the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser and neither party hereto shall have any further rights, duties or obligations one to the other hereunder (except as provided for in Section 9.01 below). Z: \4pRWarner Rank Ru Round Rod5C0y Conlntl011802FINALM.doc ARTICLE VII BREACH BY SELLER ARTICLE VIII BREACH BY PURCHASER In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser's obligations set forth in Section 3.01 having been satisfied and Purchaser being in default and Seller not being in default hereunder, Seller shall have the right to (1) bring suit for damages against Purchaser; or (2) receive the Escrow Deposit from the Title Company, the sum being agreed on as liquidated damages for the failure of Purchaser to perform the duties, liabilities, and obligations imposed upon it by the terms and provisions of this Contract, and Seller agrees to accept and take this cash payment as its total damages and relief and as Seller's sole remedy hereunder in such event. The provisions of item (1) above shall survive the termination of this Contract. In the event Purchaser shall fail to satisfy any of its obligations as set forth in Section 3.02 hereof, Seller shall have the right to (1) enforce specific performance against Purchaser or (2) bring suit for damages against Purchaser. The provisions of item (2) shall survive the termination of this Contract and both (1) and (2) shall survive the conveyance of the Property by Seller to Purchaser as expressed in the Memorandum. 6 (g) Time is of the essence in this Contract. Z,LLegal \Warner Rauch nu Round Rock \City Conlntt011802FINA13R.doc ARTICLE IX MISCELLANEOUS Assignment of Contract 9.01. (a) This Contract may not be assigned without the express written consent of Seller. Notice (b) Any notice required or permitted to be delivered hereunder shall be deemed received when sent by Federal Express or other similar delivery service or by United States mail, postage prepaid, certified mail, retum receipt requested, addressed to Seller or Purchaser, as the case may be, at the address set forth opposite the signature of the party. Texas Law to Apply (c) This Contract shall be construed under and in accordance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Williamson County, Texas. Parties Bound (d) This Contract shall be binding upon and inure to the benefit of the parties and their respective heirs, executors, administrators, legal representatives, successors and assigns where permitted by this Contract. Legal Construction (e) In case any one or more of the provisions contained in this Contract shall for any reason be held to be invalid, illegal, or unenforceable in any respect, this invalidity, illegality, or unenforceability shall not affect any other provision hereof, and this Contract shall be construed as if the invalid, illegal, or unenforceable provision had never been contained herein. Prior Agreements Superseded (f) This Contract constitutes the sole and only agreement of the parties and supersedes any prior understandings or written or oral agreements between the parties respecting the within subject matter. Time of Essence 7 Gender (h) Words of any gender used in this Contract shall be held and construed to include any other gender, and words in the singular number shall be held to include the plural, and vice versa, unless the context requires otherwise. Effective Date (i) This Contract shall be effective as of the date it is approved by the City Council, which date is indicated beneath the Mayor's signature below (the "Effective Date "). In the event this Contract has not been approved by the City Council on or before May 9, 2002, this Contract shall be deemed null and void and of no force and effect. Survival of Certain Provisions (j) The representations, warranties, covenants, and agreements of the parties, as well as any rights and benefits of the parties, pertaining to a period of time following the Closing of the transaction contemplated hereby shall survive the Closing and shall not be merged therein. (k) PURCHASER ACKNOWLEDGES AND AGREES THAT, EXCEPT FOR THE WARRANTIES OF TITLE EXPRESSLY PROVIDED HEREIN, SELLER HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND OR NATURE WHATSOEVER (INCLUDING WARRANTIES OF HABITABILITY, MERCHANTABILITY AND FITNESS FOR PARTICULAR PURPOSE), WHETHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES WITH RESPECT TO THE PROPERTY, THE ENVIRONMENTAL AND SOIL CONDITIONS OR THE SUITABILITY OF THE PROPERTY FOR PURCHASER'S INTENDED USE THEREOF AND PURCHASER, BY ITS ACCEPTANCE HEREOF, ACKNOWLEDGES THAT PURCHASER IS PURCHASING THE PROPERTY "AS IS ", "WHERE IS" AND "WITH ALL FAULTS ". (1) In the event of any litigation between Seller and Purchaser arising under this Contract, the prevailing party will be entitled to recover its reasonable attomey's fees, costs and expenses in enforcing its rights under this Contract from the non - prevailing party. This provision shall survive the Closing. Z:\Legal\Waruer Ranch Ike Round Rod \Cdy Contrac101t802FINA13B -doe As -ls Conveyance Litigation Costs [signatures appear on the following page] 8 2::1IspRWUeer Ranch f W Round Rock\CRY Comna011802FINA13H.dx SELLER: VILLAGES AT WARNER RANCH PUD, LP, a Delaware limited partnership By: THC /Southwest Division Limited Partnership, a Texas limited partnership, its general partner By: Hanover G.P. LLC, a Texas limited liability company, its general partner c/o The Hanover Company 5847 San Felipe, Suite 3600 Houston, Texas 77057 Date: fit 7 , 2002 PURCHASER: CITY OF ROUND ROCK, TEXAS 221 E. Main Street Round Rock, Texas 78664 Date: 9 - , 2002 9 By: l athy / ° Binford Vice President County: Williamson Parcel No.: 148 Highway: State Highway 45 Limits: From: Greenlawn Boulevard To: 1919 feet east of CR 170 CSJ: PART 1 EXHIBIT A FIELD NOTE DESCRIPTION FOR PARCEL 148 Page 1 of 5 • June 15,2000 DESCRIPTION OF A 0.882 ACRE (38,414 SQUARE FEET) TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, IN WILLIAMSON COUNTY, TEXAS; BEING A PORTION 01' THE REMAINDER OF A CALLED 138.543 ACRE TRACT OF LAND (TRACT I), THE REMAINDER OF A CALLED 0.363 ACRE TRACT OF LAND (TRACT 1I), AND THE REMAINDER OF A CALLED 0 928 ACRE TRACT OF LAND (TRACT III) CONVEYED IN THE SPECIAL WARRANTY DEED TO VILLAGES AT WARNER RANCH PUD, LP AS RECORDED IN DOCUMENT NO 199965664 OF THE OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS, SAID 0.882 ACRE (38,414 SQUARE FEET) TRACT, AS SHOWN ON THE RIGHT -OF -WAY SKETCH PREPARED BY SAM, INC. FOR THIS PARCEL, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a Texas Department of Transportation (TxDOT) Type II concrete monument set in the east Right - of -Way (ROW) line of Jazz Street (a 70 -foot wide ROW) dedicated in Remington Heights, Phase 1, Section A a subdivision of record in Cabinet N, Slide 238 of the Plat Records Williamson County, Texas ( P.R.W.C.TX.), same being the west line of said Tract 111, also being in the proposed south ROW line of State Highway 45, for the southwest corner of the tract described herein, and being 262.82 feet right of Survey Baseline Station 615 +85.49. from which a I/2 -inch iron rod found bears S 16° 33' 52" E, a distance of 545.51 feet; 1) THENCE with the common line of Jazz street, and said Tract III, N 16° 33' 52" W, a distance of 113.72 feet to a calculated point, for the common corner of a tract of land dedicated to the City of Round Rock for Public Right of Way purposes, executed on October 21 ° . 1999 (recording information not available as of June 15 2000), and the northwest corner of the remainder of said Tract ILL also being the northwest corner of the tract described herein; 2) THENCE leaving said common line with the common line of said City of Round Rock tract and the remainders of said Tract III, Traci B, and Tract 1 N73 ° 30'23 "E, a distance of 488.85 feet to a calculated point in the west ROW line of Warner Ranch Drive (having a variable width R.O.W.) as shown on the plat of Warner Ranch Phase 1 -A, recorded in Cabinet S, Slide 2528 of the P.R.W.C.TX., and being the northeast corner of the tract described herein; 3) THENCE with said ROW line, S09 °57'47"E, a distance of 92.77 feet to a Texas Department of Transportation ( TxDOT) Type 11 concrete monument set, same being the southeast corner of the tract described herein and being 264.77 feet right of Survey Baseline Station 620+62.79; THENCE crossing said Tract 1, Tract 11, and Tract I11, the following six (6) courses and distances, numbered 4 through 9: 4) N 61° 21' 10" W, a distance of 38.10 feet to a TXDOT Type 11 concrete monument set, being 236.47 feet right of Survey Baseline Station 620 +37.28. FN1756R 20081.20 5) with the arc of a curve to the right a distance of 17933 feet through a central angle of 01 46' 25 ", having a radius of 5800.00 feet, and whose chord bears S 68° II' 39" W, a distance of 179.53 feet to a TXDOT Type II concrete monument set, being 244.25 feet right of Survey Baseline Station 618 +57.92, 6) S 74 21' 59" W, a distance of 151.66 feet to a TXDOT Type 11 concrete monument set, being 234.50 feet right of Survey Baseline Station 617+06.57, 7) with the arc of a curve to the right passing at an arc distance of 3.42 feet a TXDOT Type 1I concrete monument set, being 234.50 feet right of Survey Baseline Station 617+03.15. continuing for a total arc distance of 46.53 feet, through a central angle of 00° 27' 38 ", having a radius of 5788.00 feet, and whose chord bears S 70 48' 23" W, a distance of 46.53 feet to a TXDOT Type II concrete monument set, being 234.43 feet right of Survey Baseline Station 616 +60.48, 8) S 70° 59' 21" W, a distance of 45.79 feet to a TXDOT Type II concrete monument set, being 234.32 feet right of Survey Baseline Station 616 +15.15, and 9) S 27° 11' 26" W, a distance of 41.50 feet to the POINT OF BEGINNING and containing 0.882 acre (38,414 square feet) of land, more or Tess. PART2 Page 2 of 5 June 15,2000 DESCRIPTION OF A 0.207 ACRE (8,996 SQUARE FEET) TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, IN WILLIAMSON COUNTY, TEXAS; BEING A PORTION OF A CALLED 138.543 ACRE TRACT OF LAND (TRACT 1) CONVEYED IN THE SPECIAL WARRANTY DEED TO VILLAGES AT WARNER RANCH PUD, LP AS RECORDED IN DOCUMENT NO. 199965664 OF THE OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS, SAID 0.207 ACRE (8,996 SQUARE FEET) TRACT. AS SHOWN ON THE RIGHT -OF -WAY SKETCH PREPARED BY SAM, INC. FOR THIS PARCEL, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a Texas Department of Transportation ( TxDOT) Type II concrete monument set in the west Right - of -Way (ROW) line of County Road 170 (a varying width ROW, no recording information found). same being the east line of the remainder of said 138.543 acre tract, also being in the proposed south ROW line of Stale Highway 45, for the southeast corner of the tract described herein and being 211.50 feet right of Survey Baseline Station 629 +30.95, from which a I/2 -inch iron rod found in said common line bears 5 54° 10' 38" E, a distance of 512.78 feet: THENCE crossing the remainder of said 138.543 acre tract with the proposed south ROW line of said State Highway 45 the following four (4) courses and distances, numbered 1 through 4: 1) S 70° 40' 42" W, a distance of 189.05 feet to a TXDOT Type 11 concrete monument set, being 211.50 feet right of Survey Baseline Station 627+41.90, 2) S 75° 16' 28" W, a distance of 149.76 feet to a TXDOT Type I1 concrete monument set, being 199.50 feet right of Survey Baseline Station 625 +92.62, 3) with the arc of a curve to the left an art distance of 391.14 feet, through a central angle of 03 55' 29', having a radius of 5710.00 feet, and whose chord bears. S 68° 42' 58" W. a distance of 391.06 feet to a TXDOT Type 11 concrete monument set, being 212.89 feet right of Survey Baseline Station 622 +01.79, and 4) S 28° 22' 08" W, a distance of 46.30 feet to a TXDOT Type 11 concrete monument set in the east ROW line of Warner Ranch Drive (having a variable width ROW) as shown on the plat of Warner Ranch Phase 1 -A, recorded in Cabinet S. Slide 25 -28. of the Plat Records of Williamson County, Texas, same being a west line of the remainder of said 138.543 acre tract, being 244.62 feet right of Survey Baseline Station 621 +67.55, from which a th -inch iron rod with a plastic cap found in said common line bears, 509 "E, a distance of 58.27 feet; FNI756R 20081 -20 5) THENCE with said common line, N 09° 5T 47" W, a distance of 66.74 feet to a calculated point for the west common corner of the remainder of said 138.543 acre tract, and a tract of land conveyed to the City of Round Rock for 'tight -of -way purposes ", executed October 21, 1999, no recording information available as of lune 15, 2000. and being the northwest corner of the tract described herein, from which a 1/2-inch iron rod with a plastic cap found in said east R.O.W. Tine, same being the west line of said City of Round Rock tract, bears, N09 ° 57 • 47 "W, a distance of 100.00 feet; THENCE with the south line of said City of Round Rock tract, same being a north line of the remainder of said 138.543 acre tract the following three (3) courses and distances, numbered 6 through 8: 6) N 73° 30' 23" E, a distance of 659.04 feet to a calculated point, 7) N 00 02' 14" W, a distance of 1030 feet to a calculated point, and 8) N 69° 13' 25" E, a distance of 81.97 feet to a calculated point in the west Right -of -Way line of said County Road 170. same being the east line of the remainder of said 138.543 acre tract and being the northeast corner of the tract described herein; 9) THENCE with said common line, S 54° 10' 38" E, a distance of 15.57 feet to the POINT OF BEGINNING and containing 0.207 acre (8996 square feet) of land. more or less. BEARING BASIS: Texas State Plane Coordinate System, Central Zone, NAD 83. THE STATE OF TEXAS COUNTY OF TRAVIS FN1756R KNOW ALL MEN BY THESE PRESENTS: Page 3 of 5 June 15, 2000 That 1, Michael R. Hatcher, a Registered Professional Land Surveyor, do hereby certify that the above description is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made on the ground June 2000 under my direction and supervision. WITNESS MY HAND AND SEAL at Austin. Travis County, Texas this the 16'" day of June, 2000. SURVEYING AND MAPPING, Inc. 4029 Capital Of Texas Hwy., So. Suite 125 Austin, Texas 78704 ichae R. Hatcher Regist ed Professional Land Surveyor No.4259- _s. Texas 20081 -20 - - -• 01.IANSON COUNTY, TEXAS L SCALE I i . r =roD• L1 L2 527'11'26"W 570' 59'21' 41.50' 45.79' , L3 N61' 21'10 "Y4 STATE OF TEXAS 36.10' VOL. 1544, PG. 20 0.R- W.C.Tx. w J NOTES( U STATE HWY 45 LOUIS HENNA BLVD. (VARIABLE WIDTH R.O.W.I -- -- - - CITY OF ROUND ROCK DEED, .F0R "PUBLIC RIGHT -OF -WAY PURPOSES" EXECUTED OCTOBER 21 1999 - RRCORD(NG INFORMATION NOT AVAILABLE AS OF JUNE 15, 2000 COLN'.ROL Ii1/iRT 1, • ; ASRE '620 +32;28',' • . . R.O.W. L1NE 617-06 57 57 616-5 SED 1320 E179 + ' "" -- 234.50'41 Na - 2 5 'X0 264.77'92 66•ss VILLAGES AT WARNER PROPO RANCH PUD. L.P. 23 RT REMAINDER CALLED 138.543 ACRES DOC. No. 199965664 0,P.R.W.C.Tx. Cl •`'273' 3023"E 488.85' Ss 'LINE 46'25" L•179.53' R6.01. 7 - 7 6-00.27"55" U R 89 0' CCB- 5568 "W L- 46.53' C•1/9.23' T- 23.27' C8-570' 48'23"W C- 46.53' MEMUCAN HUNT C3 6.00'02 L R -57138.00' T- 3 1.71 CB- 570.38'31'W C-3-42' OETµ C SURVEY A- 314 , C2 1 517.06.57 234.50' R7 224.50'RT/ • BEARINGS AND COORDINATES ARE BASED ON THE TEXAS STATE PLANE COORDINATE SYSTEM, NAO 83. CENTRAL ZONE AND ADJUSTED 10 SURFACE USING A SURFACE ADJUSTMENT FACTOR OF t00012. AS PROVIDED BY 0006 ANDERSON, RPLS, SURVCON. INC. DAPROVEIAENTS SHOWN HEREON ARE BASED UPON Tx00T AERIAL SURVEY DIGITAL FILES. THERE MAY BE ADDITIONAL UNDERGROUND. OR OTHER, IMPROVEMENTS NOT SHOWN. DETI2LS ARE NOT DRAWN TO SCALE. 4046 C.8lA PIT (91..19 SO IMC. Mode C010 P6A6996 rn APSR,.Tma 76104 RW u7-0575 Fam 012,3'5 2022 ASA THOMAS SURVEY A -609 APPROXIMATX LOCATION OF SURVEY LINE TRACT I PARCEL 515. PART 1 0E20 'CREME' 139.1). AC. /6091 50. ET. • 1246519. A 0.E51 82. 135416 50. PT., PARCEL INFORMATION . 8LOCx N 70'40' 4J• E 5000.48' SURVEY BASELINE_ REM.w5ER 3995 AC. 14052.652 50. 21 EXISTING R.O.W. LINE RVEY BASELINE CURIE OATH P /5b 606.75.5 N • 101509965062 E -.31398561589 0 0 • 0 5 ' ' OCT L • 6.617 r • 62•-40 N - 229 PC 5ra 600.55114 PT SYa 617.0315 LEGEND TYPE 1 CONCRETE MONUMENT 201.903 TYPE 9 CONCRETE MONUMENT 201411) TYPE 4CONCOETE 11014WENT SET Y PPE 704940 491655 NOTED 9011 ROD 51.1 R/ 15001 CAP 1.66.155 .01E0 55 IRON ROD 004940 144E55 5101E0 60 0 NNL SET 554255 P0 50 0 RAS row) 154COS NOTED CALCULATED P0W1 CENTER PROPERTY LmE 1 RECORD 51090210, • . 051 POW 0E 0062)11a40 ✓ ot. POW 6F COMMENCN5 P .OA 06011 Or ...POUNCE 2 . 0511 Cr CA/WAWA ▪ POSIT OF 1695CNCT NT 504.TANCENT 2992 51 519. 1 190 1000 NON PPE TOMO ..r P181c 391310 EA50ENT 0 01TO& PLISLC RECORDS WLLNN500 comm.. TERA9 06F6iAL RECORDS WLLIA5506 COUTOV.7E065 0A.Rt.1., PLAT RECORDS WELMNSON COUNTY, TERA5 5..16.1. DEED RECORDS N6u41005 COIMTY, TEXAS RIG( -IT -OF -WAY PLAT PACE 4 OF 5 SHOWING PROPERTY OE rr,r. FIELD NOTE VILLAGES AT WARNER RANCH PUD, L.P. PARCEL L 1 148 8 PART 1 1 'DO �y .► 4 -1:PS1h.'sa � cotyv 62667.55 744.62 • C 10 159.05' DETWL C 659.04' 149.76' 625.92.62 199.50' RT LEGEND .6„ c62 F DETAIL B NTR� D. - `_ `` c ye / �3 81.97 . ss,., C /,. a Y TYPE I CONCRETE MONUMENT FOUND m TYPE E CONCRETE M0NUMENI F EXPO R TYPE ICONCRETE MONUMENT SET • %- MPE FOUND 04E55 14O7E0 o %2^ NON ROD SET W. 0000T CAP UNLESS N0TE0 • A NON ROD FOUND UNLESS NOTED • sci D HAIL SET UNLESS NOTED �� 201150 AT NPR C PROPERTY UK T 1 REC000 Sf 0RN4TION F Con or P pm OF C01MENCMG F A.4 e. AV OF REFSE�NCE PONT OF �.G PONT OF TANCE61, NY PIPE Fir RCG ' C U pD KT Np WE 11 Put. P JI, UBLM UTUTY EASEMENT OTTINRL NOM RECORDS WE1M445oN COINTY, TEKAS RECORDS E 'M. -C. 010 REC0055 WE COUNTY COUNTY. x 45 ■•.r,4.,.. PEED RECORDS WELNwSON comm. 50.45 40;M Up0YN TYsO HIN^.'50, S0. - Meta OW 139! am. EM1s 12 AOPn1, Toes 70704 017) (6016 FO. (61) 926 -5020 � j / � 2 p \--ON -7.,...c, & \ \\�G d' \\ IP S F '` $ � \ � `,y ..F`i`r. ®q q s 2 9 c Y, r ..4? 0 ,1`6 Tr p -ko, 9 C1 6 S B c �t^ y 20 C4 e A ft- BUM' L- 391.14' T-195.65' CEI•559e 42'58 "W C- 391.06' DEFD AcRKAOE 139340 AC. 10 .13.933 SOFT.) F � 4 @ F \ S r9 y 7,Y, 1 0 C Q Fl 2SP- L4 S26 22'08"W 46.30' PARCEI. INO'ORMAIION BLOCK PAN0 2 TAKN0 ACRES 0.07 .0. 41,011 4 50.611.1 62039 0* 135.59 AC 1 0.000,540 SO. TT.1 • c. 1 HEREBY CERTFY 75A1 0415 SURVEY WAS MADE ON THE GROUND LR'♦DER MY OgECTI0N AN0 SUPERVISION 0110 THA THIS PLAT 4 TRUE AND CORRECT TO TIE BEST OF MY KNOWLEDGE AND BELIEF. // ' 9 MI L R. NA REC TERED PROFESSIONAL LAND SURVEYOR NO..259. STATE OF TEXAS P.O.B. PARCEL 145 PART 2 629.70.95 211.50 R1 N. 15 11425.9301a 3 E. 3141952,75591 w T o s. TE WILLIAMSON COUNTY, TEXAS SCALE T• =100 an RIGHT -OF -WAY PLAT PACE 5 OF 5 SHOWING PROPERTY OF REF. FIELD VILLAGES AT WARNER RANCH PUG, L.P. PARC 46568 PAR1 7 J 0.64 Acre Tract Memucan Hunt Survey A -314 Williamson County, Texas FN 2453 (TWH) February 13,2002 SAM, Inc. Job No. 21105 -20 Page 1 of 3 EXHIBIT "C" DESCRIPTION OF A 0.64 ACRE TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF WILLIAMSON COUNTY ROAD 170 (CR 170), A VARIABLE WIDTH RIGTH -OF -WAY, SAID 0.64 ACRE TRACT OF LAND AS SHOWN ON THE ACCOMPANYING SKETCH AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: COMMENCING at a 5/8 -inch iron rod found in the west Right -of -Way (ROW) Line of said CR 170, same being the southeast corner of the remainder of a called 139.834 acre tract of land described in the deed to Villages at Warner Ranch PUD, LTD. as recorded in Document No. 199965664 of the Official Public Records of Williamson County, Texas; THENCE with said common line N 54° 26' 11" W, a distance of 127.17 feet to a t/2 -inch iron rod with a plastic cap set for the southwest corner of the tract described herein, and for the POINT OF BEGINNING; THENCE continuing with said common line the following two (2) courses and distances: 1. N 54° 26' 11" W, a distance of 2.35 feet to a 3/4 -inch iron rod found for an angle point, and 2. N 54° 10' 39" W. a distance of 512.16 feet to a 12-inch iron rod with a plastic cap sct for the northwest corner of the tract described herein from which a 6013 nail found for the intersection of the south ROW line of Louis Henna Boulevard (State Highway 45), a variable width ROW, and said CR 170 for the northeast corner of said 139.834 acre tract bears with said common line, N 54° 10' 39" W, a distance of 105.96 feet; THENCE leaving said common line and crossing said CR 170 with the north line of the tract described herein, N 70° 40' 36" E, a distance of 99.27 feet to a 1/2 -inch iron rod with a plastic cap set in the west line of Lot 5 of Henderson Tract Subdivision, a subdivision of record in Cabinet 1, Slide 195 of the Plat Records of Williamson County, Texas, same being described in Exhibit `A' of an Agreed Judgement to the City of Round Rock recorded in Document No. 2002012405 of the Official Public Records Williamson County, Texas, for the northeast comer oft e tract described herein, from which a 5/8 -inch iron pipe found in the intersection of the south ROW line of said State Highway 45 and the cast ROW line of said CR 170, for the northwest comer of said Lot 5 bears with said east ROW line, N 54° 20' 05" W, a distance of 151A3 feet; 0.64 Acre Tract Memucan Hunt Survey A -314 Williamson County, Texas THENCE with the common line of said CR 170 and said Lot 5, S 54° 20' 05" E, a distance of 215.69 feet to a 1/2- inch iron rod with a plastic cap set for the northeast corner of the tract described herein, from which a 1/2 -inch iron rod found for the southeast corner of said Lot 5 and the northeast corner of Lot 1 of said subdivision bears, with said east ROW line, S 54° 20' 05" E, a distance of 43.86 feet ; THENCE leaving said common line and crossing said CR 170 with the are of a curve to the left, a distance of 256.53 feet, through a central angle of 16° 49' 01 ", having a radius of 874.00 feet, and a chord which bears S 35° 27' 19" E, a distance of 255.61 feet to the POINT OF BEGTNNINC, and containing 0.64 acre of land, more or less. Bearing Basis; Bearings are based on the Texas State Plane Coordinate System, NAD 83, Central Zone and adjusted to surface using a surface adjustment factor of 1.00012. As provided by Doug Anderson, RPLS, Survcon. Inc. THE STATE OF TEXAS COUNTY OF WILLIAMSON SURVEYING AND MAPPING, Inc. 4029 Capital Of Texas Hwy„ So. Suite 125 Austin, Texas 78704 KNOW ALL MEN HY THESE PRESENTS: FN 2453 (TWH) February 13,2002 SAM, Inc. Job No. 21105 -20 That I, Michael R. Hatcher, a Registered Professional Land Surveyor, do hereby certify that the above description is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made on the ground during September 2001 under my direction and supervision. WITNESS MY HAND AND SEAL at Austin, Travis County, Texas this the 15 day of February 2002 AD. Page 2 of 3 Mich a Hatcher Regi tered Professional Land Surveyor No. 4259 - State of Texas SAM S0,1.04[II14 NAP%NG•ENGFEUERG PROPERTY PLAT SHOWING A PORTION OF COUNTY ROAD 170 LOIUS HENNA BOULEVARD STATE HIGHWAY 45 (VARIABLE WIDTH ROW) N70° 40'36"E 99.27' DETAIL 'A' DETAIL NOT TO SCALE LEGEND 0 %" WON PIPE FAIIAD UNLESS NOTED O W NON ROD Of PLASTIC CAP SET • 500 NAL FOUND • v• 4o 000 FORM W/ CAP MESS NOTED RECORD NF014LATNNI . .Da PONT Or B05P•ANG - AC PONT OF CONIf1CND Pr WON ROO FORD pp Dom ME FOLIO o.Vw.R.c.,. or SPA'. DuELD RECORDS RELPA SON COA+TT, TEXAS 0_A-.o.TL OrTION. RECORDS NLLIA140N COUNTY. TEXAS • PLAN RECORDS *DAMSON COUNTY, TEXAS P.R. ,.. DEED RECORDS WLLINLSON =WY, TEXAS NOTES REC NO HATC EREO PROFESSIONAL LAND SURVEYOR 4259. STATE OF TEXAS •■ s 0 0 .■'' 0 -V O 6 so •B�o G 77 O C i ! , o C1 S A- 16 S R- 874.00' T•129.19' L-256.53' CB -535' 2719 "E C- 255.61' BEARINGS AND COORDINATES ARE BASED ON THE TEXAS STATE PLANE COORDINATE SYSTEM. NAD 8.3 CENTRAL ZONE AND ADJUSTED TO SURFACE uSING A SURFACE ADJUSTMENT FACTOR OF 1,00012. AS PROVIDED BY DOUG ANDERSON, RPLS. SURVCON, INC. DETAILS ARE NOT DRAWN TO SCALE. 1 HEREBY CERTIFY THAT THIS SURVEY WAS MADE ON THE GROUND UNDER MY DIRECTION AND SUPERVISION AND THAT THIS PLAT IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDG / F a� SJ d, - D TE \ CITY OF ROUND ROCK EXHIBIT 'A' CALLED 1,79 ACRE DOC. No, 2002012405 0.P.R.W.C.TX_ FEBRUARY 2002 MEMUCAN HUNT SURVEY A -314 WILLIAMSON COUNTY, TEXAS SCALE 1 ".50' 0 25 50 C 1 SEE DETAIL •A' LOT 1 PAGE 3 OF 3 REF. FIELD NOTE NO 2453 I 0.13 Acrc Tract FN 2452 (TWH) Memucan Ilunt Survey A -314 February 13, 2002 Williamson County, Texas SAM, Inc. Job No. 21105 -20 DESCRIPTION OF A 0.13 ACRE TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, WILLIAMSON COUNTY, TEXAS, BEING A PORTION OF LOT 5 HENDERSON TRACT SUBDIVISON, A SUBDIVISION OF RECORD IN CABINET I, SLIDE 195 OF THE PLAT RECORDS OF WILLIAMSON COUNTY, TEXAS, SAME BEING DESCRIBED TN EXIIIBIT `A' OF THE AGREED JUDGEMENT TO THE CITY OF ROUND ROCK, TEXAS RECORDED IN DOCUMENT No. 2002012405 OF THE OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS, SAID 0.13 ACRE TRACT OF LAND AS SHOWN ON THE ACCOMPANYING SKETCH AND BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: COMMENCING at a l/2 -inch iron rod found in the common line of said Lot 5, Lot 1 of said subdivision, and Williamson County Road 170, a variable width Right-of-Way (ROW) for the southwest corner of said Lot 5; THENCE with said common line, N 54° 20' 05" W, a distance of 43.86 feet to a 1/2 -inch iron rod with a plastic cap set for the southwest corner of the tract described herein, and for the POINT OF BEGINNING; THENCE continuing with said common line, N 54° 20' 05" W, a distance of 215.69 feet to a 1/2 -inch iron rod with a plastic cap set for the northwest comer of the tract described herein, from which a 5/8 -inch iron pipe found for the intersection of the south ROW line of Louis Henna Boulevard (State Highway 45), a variable width ROW, and the east ROW line of said CR 170, same being the northwest corner of said Lot 5, bears with said east ROW tine, N 54° 20' 05" W, a distance of 151.43 feet; THENCE leaving said common line and crossing said Lot 5 the following three (3) courses and distances: 1. N 70° 40' 36" E, a distance of 27.15 feet to a 1/2 -inch iron rod with a plastic cap set for the northeast comer of the tract described herein, 2. with the arc of a non - tangent curve to the left, a distance of 124.14 feet through a central angle of 08° 07' 09 ", having a radius of 876.00 feet and a chord which bears S 65° 14' 03" E, a distance of 124.03 feet to a 1/2 -inch iron rod set for the southeast corner of the tract described herein, and 3. with the arc of a non - tangent curve to the left, a distance 01'90_71 feet through a central angle of 05 56' 48 ", having a radius of 874.00 feet and a chord which bears S 24° 04' 25" E, a distance of 90.67 feet to the POINT OF BEGINNING, and containing 0.13 acre of land, more or less. Bearing Basis: Bearings are based on the Texas State Plane Coordinate System, NAD 83, Central Zone and adjusted to surface using a surface adjustment factor of L00012. As provided by Doug Anderson, RPLS, Survcon, Inc. THE STATE OF TEXAS SURVEYING AND MAPPING, Inc. 4029 Capital Of Texas Hwy., So. Suite 125 Austin, Texas 78704 KNOW ALL MEN BY THESE PRESENTS: COUNTY OF WH.T.IAMSON That I, Michael R. Hatcher, a Registered Professional Laud Surveyor, do hereby certify that the above description is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made on the ground during September 2001 under my direction and supervision. WITNESS MY HAND AND SEAL at Austin, Travis County, Texas this the I5'" day of February 2002 AD. Page 1 of 2 ch . - R Hate er Re_' tared Professional No. 4259 - State of Te A•08* 07'09' R•876.00' T •62.17' L•124.14' CB•S65 14'03 "E C•124.03' C2 A.05 56 R- 874.00' T - 45.40' L- 90.71' C8 -S24° 04'25 "E C•90.67' NOTES: NN N CITY OF ROUND ROCK EXHIBIT 'A' CALLED 1.79 ACRE DOC. No. 2002012405 O.P.R.W.C.Tx, .0"(kloCIO, v 4S` IP \ o S te/ s 0 � �0 ?4s6 \ T J \ c T } J k BEARINGS AND COORDINATES ME BASED ON THE TEXAS STATE PLANE COORDINATE SYSTEM,NAO 83, CENTRAL ZONE AND ADJUSTED TO SURFACE USING A SURFACE ADJUSTMENT FACTOR OF 1.00012. AS PROVIDED BY DOUG ANDERSON, RPLS, SURVCON, INC, DETAILS ARE NOT DRAWN TO SCALE. I HEREBY CERTIFY THAT THIS SURVEY WAS MADE ON THE GROUND UNDER MY DIRECTION AND SUPERVISION AND THAT THIS PLAT 15 TRUE - 0 CORRECT TO THE BEST OF MY KNOWLEDGE AND- F . a MICH I L R. HATC'ER REG TERED PROFESSIONAL LAND SURVEYOR N0. 4259, STATE OF TEXAS 4020 C,plalol Tom HIDIMp., SO. e. &ado 0070 fl lNaNNW Plop Suss 175 AuNYL Toms 70704 (612) 047-0075 F (OCR 928 -9029 C1 v � DATE LOT 5 HENDERSON TRACT SUBDIVISION CAB. I, SL. 195 P.R.W.C.TX. PROPERTY PLAT SHOWING PROPERTY OF CITY OF ROUND ROCK FEBRUARY 2002 MEMUCAN HUNT SURVEY A -314 WILLIAMSON COUNTY, TEXAS SCALE 1 " -50' 0 25 50 C2 P.0.9. LEGEND 1 Q PR NM. W /SNNER FOUND O W 004 Inn (70A0 IPEESS ROM O K IKON 000 W7 RA51t CAP SET • CMLOAATEO row • 16 IRON ROD KIM W, CM' MESS 1107E0 1 7 RECORD MCONIATIOI P AL PONT G O P- PONT OF COIMENUIG NON R00 TWA _ POW PPE FOOND O)..• 007101& PUBLIC KM= WLDN/SON COWT7. TEXAS �.. OFFICIM. RECORDS WLLUNSON CENNIT.TEXAS *•- PLAT RECORDS WLLEARSON COUNTY. 1EXA5 ANALT'. OEE0 RECORDS MLLIAVSON COWTY, 10547 LOT 1 PAGE 2 OF 2 REF. FIELD NOTE NO 2452 TEO EXHIBIT "D" SPECIAL WARRANTY DEED STATE OF TEXAS § § KNOW ALL PERSONS BY THESE PRESENTS COUNTY OF WILLIAMSON CITY OF ROUND ROCK, TEXAS, a Texas Home Rule City ( "Grantor "), for and in consideration of the sum of TEN AND NO /100 DOLLARS ($10.00) in hand paid to Grantor by VILLAGES AT WARNER RANCH PUD, LP, a Delaware limited partnership ( "Grantee "), whose mailing address is c/o The Hanover Company, 5847 San Felipe, Suite 3600, Houston, Texas 77057, and other good and valuable consideration, the receipt and sufficiency of which consideration are hereby acknowledged, has GRANTED, SOLD and CONVEYED, and by these presents does GRANT, SELL AND CONVEY unto Grantee that certain tract of real property located in Williamson County, Texas, as more particularly described on Exhibit A attached hereto, incorporated herein and made a part hereof for all purposes, together with any rights and appurtenances of Grantor pertaining thereto (the "Property "). TO HAVE AND TO HOLD the Property, together with all and singular the rights and appurtenances thereto in anywise belonging unto Grantee, its successors and assigns forever; and Grantor does hereby bind itself and its successors and assigns to WARRANT AND FOREVER DEFEND all and singular the Property unto Grantee, its successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof by, through or under Grantor but not otherwise; provided that this conveyance and the warranty of Grantor herein contained are subject to all easements, rights -of -way, and prescriptive rights, whether of record or not; all presently recorded restrictions, reservations, covenants, conditions, oil, gas or other mineral leases, mineral severances, and other instruments, other than liens and conveyances, that affect the Property, rights of adjoining owners in any walls and fences situated on a common boundary; any encroachments or overlapping of improvements; and taxes for the current year and taxes for prior years due to a change in land usage or ownership, the payment of which Grantee assumes. EXCEPT FOR THE WARRANTIES OF 1I1LE EXPRESSLY PROVIDED HEREIN, GRANTOR HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND OR NATURE WHATSOEVER (INCLUDING WARRANTIES OF HABITABILITY, MERCHANTABILITY AND FITNESS FOR PARTICULAR PURPOSE), WHETHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES WITH RESPECT TO THE PROPERTY, THE ENVIRONMENTAL AND SOIL CONDITIONS OR THE SUITABILITY OF THE PROPERTY FOR GRANTEE'S INTENDED USE THEREOF AND GRANTEE, BY ITS ACCEPTANCE HEREOF, ACKNOWLEDGES THAT GRANTEE IS PURCHASING THE PROPERTY "AS IS ", "WHERE IS" AND "WITH ALL FAULTS ". Z:V.egal \Wamer Ranch tka Round Rock \DeedCR170.doc 1 IN WITNESS WHEREOF, this instrument is executed on this _ day of , 2002. COUNTY OF WILLIAMSON§ STATE OF TEXAS Z: \Legal \Warner Ranch fka Round Rock \DeedCRI70.doc CITY OF ROUND ROCK, TEXAS By: Robert A. Stluka, Jr., Mayor This instrument was acknowledged before me on this day of 2002, by Robert A. Stluka, Jr., Mayor of the City of Round Rock, Texas, a Texas Home Rule City, on behalf of said entity. Notary Public, State of Texas 2 • • Parcel: 148, Parts' & 2 THE STATE OF TEXAS 5 5 COUNTY OF WILLIAMSON 5 EXHIBIT "E" SPECIAL WARRANTY DEED State Highway 45 Right -of -Way WHEREAS, the City of Round Rock, Texas is authorized to purchase land and such other property rights deemed necessary or convenient for the construction, expansion, enlargement, extension, improvement, or operation of a portion of the proposed State Highway 45 ( "Project "); and, WHEREAS, the purchase of the hereinafter- described premises has been deemed necessary or convenient for the construction, expansion, enlargement, extension, improvement, or operation of the Project; NOW, THEREFORE, KNOW ALL MEN HY THESE PRESENTS: That, VILLAGES AT WARNER RANCH PUD, LP, a Delaware Limited Partnership, hereinafter referred to as "Grantor," whether one or more, for and in consideration of the sum of Ten Dollars ($ 10.00) and other good and valuable consideration to Grantor in hand paid by the City of Round Rock, Texas, receipt and sufficiency of which is hereby acknowledged, and for which no lien is retained, either expressed or implied, have this day Sold and by these presents do Grant, Bargain, Sell and Convey unto the City of Round Rock, Texas all those certain tracts or parcels of land lying and being situated in the County of Williamson , State of Texas, being more particularly described as follows: Parcel 148; Part 1: 0.882 acre tract as more particularly described in Exhibit "A ", attached hereto and incorporated herein; and Parcel 148; Part 2: 0.207 acre tract as more particularly described in Exhibit "A ", attached hereto and incorporated herein. Grantor reserves all of the oil, gas and sulphur in and under the land herein conveyed but waives all rights of ingress and egress to the surface thereof for the purpose of exploring, developing, mining or drilling for same; however, nothing in this reservation shall affect the title and rights of the State to take and use all other minerals and materials thereon, therein and thereunder. With respect to Parcel 148, Part 1, as described above, Grantor hereby acknowledges that its use of and access to the expressway lanes to be constructed in conjunction with the highway improvement project for which the Land hereby conveyed shall become a part, shall be and forever remain subject to the same regulation by legally constituted authority as applies to the public's use thereof; and Grantor further acknowledges that the design and operation of such project require that access from Grantor's remaining property to said project shall be governed henceforth as indicated in Paragraphs (A)and (B) hereinbelow; 00005329.WPD With respect to Parcel 148, Part 2, as described above, Grantor hereby acknowledges that its use of and access to the expressway lanes to be constructed in conjunction with the highway improvement project for which the Land hereby conveyed shall become a part, shall be and forever remain subject to the same regulation by legally constituted authority as applies to the public's use thereof; and Grantor further acknowledges that the design and operation of such project require that access from Grantor's remaining property to said project shall be governed henceforth as indicated in Paragraphs (A), (B), and (C) hereinbelow; and all abutter's rights, including rights of ingress and egress and the right of direct access to and from Grantor's remaining property to said project, which have accrued or might otherwise accrue to Grantor, its successors or assigns are hereby waived, released and relinquished insofar as they appertain to Paragraphs (B) and (C) hereinbelow: (A) Access to and from Grantor's remaining property will be permitted: To the remainder abutting the highway facility between a point being the beginning of the first call and a point being 50 feet S 75 16' 28" W of the beginning of the second call for the description of Parcel 148, Part 2 as shown on Exhibit "A ". 00005329.WPD (A) Access to and from Grantor's remaining property will be permitted: To the remainder abutting the highway facility. (B) Access to and from Grantor's remaining property will be denied: Access will not be denied. (B) Access to and from Grantor's remaining property will be denied: To the remainder abutting the highway facility between a point being 75 feet S 75 16' 28" W of the beginning of the second call and a point being 350 feet (arc length) in a southwesterly direction from the beginning of the third call of the description of Parcel 148, Part 2 as shown on Exhibit "A ". (C) Access to the Grantor's remaining property will be permitted and access from the Grantor's remaining property will be denied: To the remainder abutting the highway facility between a point being 350 feet (arc length) in a southwesterly direction from the beginning of the third call to a point being the end of the fourth call of the description of Parcel 148, Part as shown on Exhibit "A ". RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: Easements, rights -of -way, and prescriptive rights, whether of record or not all presently 2 recorded restrictions, reservations, covenants, conditions, oil, gas or other mineral leases, mineral severances, and other instruments, other than liens and conveyances, that affect the property; rights of adjoining owners in any walls and fences situated on a common boundary; any encroachments or overlapping of improvements; and taxes for the current year, the payment of which Grantee assumes. TO HAVE AND TO HOLD the premises herein described and herein conveyed together with all and singular the rights and appurtenances thereto in any wise belonging unto the City of Round Rock, Texas and its assigns forever; and Grantor does hereby bind itself, its successors and assigns to Warrant and Forever Defend all and singular the said premises herein conveyed unto the City of Round Rock, Texas and its assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof by, through, or under Grantor, but not otherwise. This deed is being delivered in lieu of condemnation. EXCEPT FOR THE WARRANTIES OF TITLE EXPRESSLY PROVIDED HEREIN, GRANTOR HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND OR NATURE WHATSOEVER (INCLUDING WARRANTIES OF HABITABILITY, MERCHANTABILITY AND FITNESS FOR PARTICULAR PURPOSE), WHETHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES WITH RESPECT TO THE PROPERTY, THE ENVIRONMENTAL AND SOIL CONDITIONS OR THE SUITABILITY OF THE PROPERTY FOR GRANTEE'S INTENDED USE THEREOF AND GRANTEE, BY ITS ACCEPTANCE HEREOF, ACKNOWLEDGES THAT GRANTEE IS PURCHASING THE PROPERTY "AS IS ", "WHERE IS" AND "WITH ALL FAULTS ". IN WITNESS WHEREOF, this instrument is executed on this the day of , 2002. 00005329.WPD VILLAGES AT WARNER RANCH PHD, LP By: THC /Southwest Division Limited Partnership, its general partner By: Hanover G.P LLC, its general partner By: 3 Kathy K. Binford, Vice President THE STATE OF TEXAS COUNTY OF HARRIS 00005329. W PD § § Acknowledgment This instrument was acknowledged before me on the day of , 2002, by Kathy K. Binford, Vice President of Hanover G.P. LLC, a Texas limited liability company and general partner of THC /Southwest Division Limited Partnership, a Texas limited partnership, on behalf of said partnership as the general partner of Villages at Warner Ranch PUD, LP, a Delaware limited partnership, as the act and deed of said company and partnerships. 4 Notary Public, State of Texas ISSUED BY Ju)yers itlejnsurance Crmotion SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, LAWYERS TITLE INSURANCE CORPORATION. a Virginia corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the Amount of Insurance slated in Schedule A, sustained or incurred by the insured by reason Of: 1. Title to the estate or interest described in Schedule A being vested other than as staled therein; 2. Any defect in or lien or encumbrance on the title; 3. Any statutory or constitutional mechanic's, contractors, or materialmen's lien for labor or material having its inception on or before Date of Policy; 4. Lack of a right of access to and from the land; 5. Lack of good and indefeasible title. The Company also will pay the costs, attorneys' fees and expenses incurred in defense of the title, as insured, but only to the extent provided in the Conditions and Stipulations. IN WITNESS WHEREOF, LAWYERS TITLE INSURANCE CORPORATION has caused its corporate name and seal to be hereunto affixed by its duly authorized officers, the Policy to become valid when countersigned by an authorized officer or agent of the Company. LAWYERS TITLE INSURANCE CORPORATION Attest: Texas Owner's Policy T -1 (Rev. 1 -1.93) Cover Page Form 1178 - 22 Secretary ORIGINAL OWNER'S POLICY OF TITLE INSURANCE 4' President EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses which arise by reason of: 1. (a) Any law, ordinance or governmental regulation (including but not limited to building and zoning laws, ordinances, or regulations) restricting, regulating, prohibiting or relating to (i) the occupancy, use, or enjoyment of the land; (ii) the character, dimensions or location of any improvement now or hereafter erected on the land; (iii) a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part; or (iv) environmental protection, or the effect of any violation of these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records al Date of Policy. (b) Any governmental police power not excluded by (a) above, except 10 the extent that a notice of the exercise thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. 2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy, but not excluding from coverage any taking that has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge. 3. Defects, liens, encumbrances, adverse claims or other matters: (a) created, suffered, assumed or agreed to by the insured claimant; (b) not known to the Company, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; (e) resulting in loss or damage that would not have been sustained i1 the insured claimant had paid value for the estate or interest insured by this policy. 4. The refusal of any person to purchase, lease or lend money on the estate or interest covered hereby in the land described in Schedule A because of unmarketability of the title. 5. Any claim which arises out of the transaction vesting in the person named in paragraph 3 of Schedule A the estate or interest insured by this policy, by reason of the operation of federal bankruptcy, stale insolvency, or other state or federal creditors' rights laws that is based on either (i) the transaction creating the estate or interest Insured by this Policy being deemed a fraudulent conveyance or fraudulent transfer or a voidable distribution or voidable dividend, (ii) the subordination or recharacterization of the estate or interest insured by this Policy as a result of the application of the doctrine of equitable subordination or (iii) the transaction creating the estate or interest insured by this Policy being deemed a preferential transfer except where the preferential transfer results from the failure of the Company or its issuing agent to timely file for record the instrument of transfer to the insured after delivery or the failure of such recordation to impart notice to a purchaser for value or a judgment or lien creditor. 1. DEFINITION OF TERMS. The following terms when used in this policy mean'. (a) 'insured ": the insured named in Schedule A, and, subject to any rights or defenses he company would have had against the named insured, those who succeed to the interest of the named insured by operation of law as distinguished from purchase including, but not limited to, heirs, distributees, devisees, survivors, personal representatives, next of kin, or corporate, partnership or fiduciary successors, and specifically, without limitation, the following: (i) the successors in interest to a corporation resulting from merger or consolidation or the distribution of the assets of the corporation upon partial or complete liquidation; (ii) the partnership successors in interest to a general or limited partnership which dissolves but does not terminate; (iii) the successors in interest to a general or limited partnership resulting from the distribution of the assets of the general or limited partnership upon partial or complete liquidation. (iv) the successors in interest to a joint venture resulting from the distribution of the assets of the joint venture upon partial or complete liquidation; (v) the successor or substitute trustee(s) of a trustee named in a written trust instrument; or (vi) the successors in interest to a trustee or trust resulting from the distribution of all or part of the assets of the trust to the beneficiaries thereof. (b) 'insured claimant ":, an insured claiming loss or damage. (c) "knowledge" or "known ": actual knowledge, not constructive knowledge or notice that may be imputed to an insured by reason of the public records as defined in this policy or any other records which impart constructive notice of matters affecting the land. (tl) "land ": the land described or referred 10 in Schedule A, and improvements affixed thereto that by law constitute real property. The term "land" does not include any property beyond the lines of the area described or referred to in Schedule A, nor any right, title, interest, estate or easement in abutting streets, roads, avenues, alleys, lanes, ways or waterways, but nothing herein shall modify or limit the extent to which a right of access to and from the land is insured by this policy. (e) mortgage ": mortgage, deed of trust, trust deed, or other security instrument. (f) "public records': records established under state statutes at Date of Policy for the purpose of imparting constructive notice of matters relating to real property to purchasers far value and without knowledge. With respect to Section 1(a)(iv) of the Exclusions From Coverage, "public records" also shall include environmental protection liens filed in the records of the clerk of the United States district court for the district in which the land is located. (g) "access ": legal right of access to the land and not the physical condition of access. The coverage provided as to access does not assure the adequacy of access for the use intended. 2. CONTINUATION OF INSURANCE AFTER CONVEYANCE OF TITLE. The coverage of this policy shall continue in force as of Dale of Policy in favor of an insured only so long, as the insured retains an estate or interest in the land, or holds an indebtedness secured by a purchase money mortgage given by a purchaser from the insured, or only so long as the insured shall have liability by reason of covenants of warranty made by the insured in any transfer or conveyance of the estate or interest. This policy shall not continue in force in favor of any purchaser from the insured of either (i) an estate or interest in the land, or (ii) an indebtedness secured by a purchase money mortgage given to the insured. 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT. The insured shall notify the Company promptly in writing (1) in case of any litigation as set forth in Section 4(a) below, or (ii) in case knowledge shall come to an insured hereunder of any claim of title or interest that is adverse to the title to the estate or interest. as insured, and that might cause loss or damage for which the Company may be liable by virtue of this policy. If prompt notice shall not be given to the Company, then as to the insured all liability of the Company shall terminate with regard to the matter or matters for which prompt notice is required; provided, however, that failure to notify the Company shall in no case prejudice the rights of any insured under this policy unless the Company shall be prejudiced by the failure and then only to the extent of the prejudice. When, after the date of the policy. the insured notifies the Company as required herein of a lien, encumbrance, adverse claim or other detect in title to the estate or interest in the land insured by This policy that is not excluded or excepted from the coverage of this policy, the Company shall promptly investigate the charge to determine whether the lien, encumbrance, adverse claim or defect is valid and not barred by law or statute. The Company shall notify the Insured in writing, within a reasonable lime, of its determination as to the validity or invalidity of the insured's claim or charge under the policy. If the Company concludes that the lien, encumbrance, adverse claim or defect is not covered by this policy, or was otherwise addressed In the closing of the transaction in connection with which this policy was issued, the Company shall specifically advise the insured of the reasons for its determination. If the Company concludes that the lien, encumbrance, adverse claim or defect is valid, the Company shall take one of the following actions: (i) institute the necessary proceedings to clear the lien, encumbrance, adverse claim or defect from the title to the estate as insured; (0) indemnity the insured as provided in this policy; (iii) upon payment of appropriate premium and charges therefor, issue to the insured claimant or to a subsequent owner, mortgagee or holder of the estate or interest in the land insured by this policy, a policy of title insurance without exception for the lien, encumbrance, adverse claim or detect, said policy to be in an amount equal to the current value of the property or. If a mortgagee policy, the amount of the loan; (iv) indemnify another title insurance company in connection with its issuance of a policy(ies) of title insurance without exception for the lien, encumbrance, adverse claim or defect; (v) secure a release or other document discharging the lien, encumbrance. adverse claim or defect; or (vi) undertake a combination of (1) through (v) herein. CONDITIONS AND STIPULATIONS 4. DEFENSE AND PROSECUTION OF ACTIONS: DUTY OF INSURED CLAIMANT TO COOPERATE_ (a) Upon written request by the insured and subject to the options contained in Section 6 of these Conditions and Stipulations, the Company, at its own cost and without unreasonable delay, shall provide for the defense of an insured in litigation in which any third party asserts a claim adverse to the title or interest as insured, but only as to those staled causes of action alleging a defect, lien or encumbrance or other matter insured against by this policy. The Company shall have the right to select counsel of its choice (subject to the right of the insured to object for reasonable cause) to represent the insured as to those stated causes of action and shall not be liable for and will not pay the fees of any other counsel. The company will not pay any lees, costs or expenses incurred by the insured in the defense of those causes of action that allege matters not insured against by this policy. (b) The Company shall have the right, at Its own cost, to institute and prosecute any action or proceeding or to do any other act that in its opinion may be necessary or desirable to establish the title to the estate or interest, as insured, or to prevent or reduce loss or damage to insured. The Company may lake any appropriate action under the terms of this policy, whether or not it shall be liable hereunder, and shall not thereby concede liability or waive any provision of This policy. It the Company shall exercise its rights under this paragraph, it shall do diligently. (c) Whenever the Company shall have brought an action or interposed a defense as required or permitted by the provisions of this policy, the Company may pursue any litigation to final determination by a court of competent jurisdiction and expressly reserves the right, in its sole discretion, to appeal from any adverse judgment or order (d) In all cases where this policy permits or requires the Company to prosecute or provide for the defense of any action or proceeding, the insured shall secure to the Company the right to so prosecute or provide defense in the action or proceeding, and all appeals herein, and permit the Company to use, at its option, the name of the insured for this purpose. Whenever requested by the Company, the insured, at the Company's expense, shall give the company all reasonable aid )i) in any action or proceeding, securing evidence, - obtaining witnesses, prosecuting or defending the action or proceeding, or effecting settlement, and (ii) in any other lawful act that in the opinion of the Company may be necessary or desirable to establish the title to the estate or interest as insured_ If the Company is prejudiced by the failure of the insured to furnish the required cooperation, the Company's obligations to the insured under the policy shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, with regard to the matter or matters requirng such cooperation. 5. PROOF OF LOSS OR DAMAGE. In addition to and after the notices required under Section 3 of these Conditions and Stipulations have been provided the Company, a proof of loss or damage signed and swom to by the insured claimant shall be furnished to the Company within 91 days after the insured shall ascertain the facts giving nse to the loss or damage. The proof of loss or damage shall describe the defect in, or lien or encumbrance on the title, or other matter insured against by this policy that constitutes the basis of lass or damage arld shall state, 10 the extent possible, the basis of calculating the amount of the loss or damage. If the Company is prejudiced by the failure of the insured claimant to provide the required proof of loss or damage, Inc Company's obligations to the insured under the policy shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, with regard to the matter or matters requiring such proof of loss or damage. In addition, the insured claimant may reasonably be required to submit to examination under oath by any authorized representative of the Company and shall produce for examination, inspection and copying, at such reasonable times and places as may be designated by any authorized representative of the Company, all records, books, ledgers, checks, correspondence and memoranda, whether bearing a date before or after Date of Policy, which reasonably pertain to the loss or damage_ Further, if requested by any authorized representative of the Company, the insured claimant shall gran) its permission, in writing, for any authorized representative of the Company to examine, inspect and copy all records, books, ledgers, checks, correspondence and memoranda in Inc custody or control of a third party, which reasonably pertain to the lass or damage. All inlormalion designated as confidential by the insured claimant provided to the Company pursuant to this Section shall not be disclosed to others unless, in the reasonable judgment of the Company, it is necessary in the administration of the claim. Failure of the insured claimant to submit for examination under oath, produce other reasonably requested information or grant permission to secure reasonably necessary information from third parties as required in this paragraph shall terminate any liability of the Company under this policy as to that claim. 6. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; TERMINATION OF LIABILITY. In case of a claim under this policy, the Company shall have the following additional options: (a) To Pay or Tender Payment of the Amount of Insurance. To pay or tender payment of the amount of insurance under this policy, together with any costs, attorneys' tees and expenses incurred by the insured claimant, which were authorized by the Company, up to the time of payment or tender of payment and which the Company is obligated to pay, Upon the exercise by the Company of This option, all liability and obligations to the insured under this policy, other than to make the payment required, shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, and the policy shall be surrendered to the Company for cancellation. continued on next page of cover sheet 0220454 L 491 $ * ** *347,000.00 $* *2,543.00 1000 CASE NUMBER 2001 RR 220454 -K (199) /khs LAWYERS TITLE INSURANCE CORPORATION OWNER POLICY OF TITLE INSURANCE DATE OF AMOUNT OF POLICY NUMBER POLICY INSURANCE 6/18/2002 $ * ** *347,000.00 0220454 SCHEDULE A 1. Name of Insured: CITY OF ROUND ROCK, TEXAS 2. The estate or interest in the land that is covered by this policy is: FEE SIMPLE 3. Title to the estate or interest in the land is insured as vested in: CITY OF ROUND ROCK, TEXAS 4. The land referred to in this policy is described as follows: PARCEL 148• PART 1: 0.882 ACRE TRACT AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A", ATTACHED HERETO AND INCORPORATED HEREIN; AND PARCEL 148• PART 2: 0.207 ACRE TRACT AS MORE PARTICULARY DESCRIBED IN EXHIBIT "A " ", ATTACHED HERETO AND INCORPORATED HEREIN NOTE: THE COMPANY IS PROHIBITED FROM INSURING THE AREA OR QUANTITY OF THE LAND DESCRIBED HEREIN. ANY STATEMENT IN THE ABOVE LEGAL DESCRIPTION OF THE AREA OR QUANTITY OF LAND IS NOT A REPRESENTATION THAT SUCH AREA OR QUANTITY IS CORRECT BUT IS MADE ONLY FOR INFORMATIONAL AND OR IDENTIFICATION PURPOSES AND DOES NOT OVERRIDE ITEM 2 OF SCHEDULE HEREOF. AUSTIN TITLE COMPANY z - . .un a sign Texas Owner's Policy T -1 (Rev. 1 -1 -9 Valid Only If Schedule B Schedule A And Cover Page Are Attached County: Williamson Parcel No.: 148 Highway: State Highway 45 Limits: From: Greenlawn Boulevard To: 1919 feet east of CR 170 CSJ: PART I DESCRIPTION OF A 0.882 ACRE (38.414 SQUARE FEET) TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, IN WILLIAMSON COUNTY, TEXAS; BEING A PORTION OF THE REMAINDER OF A CALLED 138.543 ACRE TRACT OF LAND (TRACT I), THE REMAINDER OF A CALLED 0.363 ACRE TRACT OF LAND (TRACT 11), AND THE REMAINDER OF A CALLED 0.928 ACRE TRACT OF LAND (TRACT 111) CONVEYED IN THE SPECIAL WARRANTY DEED TO VILLAGES AT WARNER RANCH PUD, LP AS RECORDED IN DOCUMENT NO. 199965664 OF THE OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS, SAID 0.882 ACRE (38,414 SQUARE FEET) TRACT, AS SHOWN ON THE RIGHT -OF -WAY SKETCH PREPARED BY SAM. INC. FOR THIS PARCEL, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a Texas Department of Transportation ( TXDOT) Type 1I concrete monument set in the east Right - of -Way (ROW) line of Jazz Street (a 70 -foot wide ROW) dedicated in Remington Heights, Phase 1, Section A a subdivision of record in Cabinet N. Slide 238 of the Plat Records Williamson County, Texas ( P.R.W.C.TX.), same being the west line of said Tract 111, also being in the proposed south ROW line of State Highway 45, for the southwest corner of the tract described herein. and being 262.82 feet right of Survey Baseline Station 615 +85.49. from which a I/2 -inch iron rod found bears S 16° 33' 52" E, a distance of 545.51 feet; I) THENCE with the common line of Jazz street, and said Tract 111, N 16° 33' 52" W, a distance of 113.72 feet to a calculated point, for the common corner of a tract of land dedicated to the City of Round Rock for Public Right of Way purposes. executed on October 21 ". 1999 (recording information not available as of June 15 2000), and the northwest corner of the remainder of said Tract 111. also being the northwest corner of the tract described herein; 2) THENCE leaving said common line with the common line of said City of Round Rock tract and the remainders of said Tract 111, Tract II, and Tract 1 N73 °30'23 "E, a distance of 488.85 feet to a calculated point in the west ROW line of Warner Ranch Drive (having a variable width R.O.W.) as shown on the plat of Warner Ranch Phase 1 -A. recorded in Cabinet S. Slide 25 -28 of the P.R.W.C.TX.. and being the northeast corner of the tract described herein; 3) THENCE with said ROW line, S09 °57'47 "E, a distance of 92.77 feet to a Texas Department of Transportation (T %DDT) Type 11 concrete monument set, same being the southeast corner of the tract described herein and being 26437 feet right of Survey Baseline Station 620+62.79; THENCE crossing said Tract 1, Tract 11, and Tract 111, the following six (6) courses and distances, numbered 4 through 9: 4) 14 61° 21' 10" W, a distance of 38.10 feet to a TXDOT Type 11 concrete monument set, being 236.47 feet right of Survey Baseline Station 620 +37.28, FN1756R EXHIBIT A FIELD NOTE DESCRIPTION FOR PARCEL 148 Page I of 5 • June 15, 2000 20081 -20 Page 2 of 5 June 15, 2000 5) with the arc of a curve to the right a distance of 179.53 feet through a central angle of 01 46' 25 ", having a radius of 5800.00 feet, and whose chord bears S 68° 1 I' 39" W, a distance of 179.53 feet to a TXDOT Typc 11 concrete monument set, being 244.25 feet right of Survey Baseline Station 6!8+57.92, 6) S 74° 21' 59" W, a distance of 151.66 feet to a TXDOT Type 11 concrete monument set, being 234.50 feet right of Survey Baseline Station 617+06.57, 7) with the arc of a curve to the right passing at an arc distance of 3.42 feet a TXDOT Type 0 concrete monument set, being 23450 feet right of Survey Baseline Station 617+03.15. continuing for a total arc distance of 46.53 feet, through a central angle of 00° 27' 38 ", having a radius of 5788.00 feet, and whose chord bears S 70° 48' 23" W, a distance of 4633 feet to a TXDOT Type 11 concrete monument set, being 234.43 feet right of Survey Baseline Station 616 +60.48, 8) S 70° 59' 21" W, a distance of 45.79 feet to a TXDOT Type 11 concrete monument set, being 234.32 feet right of Survey Baseline Station 616 +15.15, and 9) S 27° 11' 26" W, a distance of 41.50 feet to the POINT OF BEGINNING and containing 0.882 acre (38,414 square feet) of land. more or less. PART 2 DESCRIPTION OF A 0.207 ACRE (8,996 SQUARE FEET) TRACT OF LAND LOCATED IN THE MEMUCAN HUNT SURVEY, ABSTRACT NO. 314, IN WILLIAMSON COUNTY, TEXAS; BEING A PORTION OF A CALLED 138.543 ACRE TRACT OF LAND (TRACT I) CONVEYED IN THE SPECIAL WARRANTY DEED TO VILLAGES AT WARNER RANCH PUD, LP AS RECORDED IN DOCUMENT Na 199965664 OF THE OFFICIAL PUBLIC RECORDS WILLIAMSON COUNTY, TEXAS, SAID 0.207 ACRE (8,996 SQUARE FEET) TRACT. AS SHOWN ON THE RIGHT -OF -WAY SKETCH PREPARED BY SAM, INC. FOR THIS PARCEL, BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: BEGINNING at a Texas Department of Transportation (TxDOT) Type 11 concrete monument set in the west Right - of -Way (ROW) line of County Road 170 (a varying width ROW, no recording information found). same being the east line of the remainder of said 138.543 acre tract. also being in the proposed south ROW line of State Highway 45, for the southeast corner of the tract described herein and being 211.50 feet right of Survey Baseline Station 629 +30.95, from which a I/2 -inch iron rod found in said common line bears S 54° 10' 38" E, a distance of 512.78 feet; THENCE crossing the remainder of said 138343 acre tract with the proposed south ROW line of said State Highway 45 the following four (4) courses and distances, numbered 1 through 4: 1) S 70° 40' 42" W, a distance of 189.05 feel to a TXDOT Type 11 concrete monument set, being 211.50 feet right of Survey Baseline Station 627+41.90, 2) S 75° 16' 28" W, a distance of 149.76 feet to a TXDOT Type 11 concrete monument set, being 199.50 feet right of Survey Baseline Station 625 +92.62, 3) with the arc of a curve to the left an arc distance of 391.14 feet, through a central angle of 03° 55' 29", having a radius of 5710.00 feet. and whose chord bears, S 68° 42' 58' W. a distance of 391.06 feet to a TXDOT Type 11 concrete monument set, being 212.89 feet right of Survey Baseline Station 622 +01.79, and 4) S 28° 22' 08" W, a distance of 46.30 feet to a TXDOT Typc 11 concrete monument set in the east ROW line of Warner Ranch Drive (having a variable width ROW) as shown on the plat of Warner Ranch Phase I - A, recorded in Cabinet S, Slide 25 -28, of the Plat Records of Williamson County. Texas, same being a west line of the remainder of said 138.543 acre tract, being 244.62 feet right of Survey Baseline Station 621 +67.55, from which a r5.inch iron rod with a plastic cap found in said common line bears. S09 °57'47 "E, a distance of 58.27 feet; FN 1756R 20081 -20 5) THENCE with said common line, N 09° 57' 47" W, a distance of 66.74 feet to a calculated point for the west common corner of the remainder of said 138.543 acre tract, and a tract of land conveyed to the City of Round Rock for 'right -of -way purposes ", executed October 21, 1999, no recording information available as of June 15, 2000, and being the northwest corner of the tract described herein, from which a V,-inch iron rod with a plastic cap found in said east R.O.W. line, same being the west line of said City of Round Rock tract, bears, N09 ° 57'4T'W, a distance of 100.00 feet; THENCE with the south line of said City of Round Rock tract, same being a north line of the remainder of said 138.543 acre tract the following three (3) courses and distances, numbered 6 through 8: 6) N 73° 30' 23" E, a distance of 659.04 feet to a calculated point, 7) N 00 02' 14" W, a distance of 10.50 feet to a calculated point, and 8) - N 69 13' 25" E. a distance of 81.97 feet to a calculated point in the west Right -of -Way line of said County Road 170, same being the east line of the remainder of said 138.543 acre tract and being the northeast corner of the tract described herein; 9) THENCE with said common line, S 54° 10' 38" E, a distance of 15.57 feet to the POINT OF BEGINNING and containing 0,207 acre (8996 square feet) of land, more or less. BEARING BASIS: Texas State Plane Coordinate System, Central Zone. NAD 83. THE STATE OF TEXAS COUNTY OF TRAVIS That I, Michael R. Hatcher, a Registered Professional Land Surveyor. do hereby certify that the above description is true and correct to the best of my knowledge and belief and that the property described herein was determined by a survey made on the ground June 2000 under my direction and supervision. WITNESS MY HAND AND SEAL at Austin, Travis County. Texas this the 16'" day of June, 2000. SURVEYING AND MAPPING, Inc. 4029 Capital Of Texas Hwy., So. Suite 125 Austin, Texas 78704 FN 1756R KNOW ALL MEN BY THESE PRESENTS: Page 3 of 5 June 15, 2000 ichae R. Hatcher Registe ed Professional Land Surveyor No. 4259 ,Texas 20081 -20 - 7mir:!XSoN SeA COUA7r TEXAS ll l I. r• =raD 1 L1 L2 S27' 1I'26 "W S70 59'21;'vt' 41.50• 4 5.79' ; • !` s 13 - __1 -- 21'10 "W -.- . -_.. S TATE OF TEXAS 36.10' - °1. 62Q��RES._ - ---- - -- - -- VOL. -1544, F'G. 0- R.W.C.Tx. 9.0.R NOTES' 007 O 0 J 50 O W V CITY OF ROUND ROCK DEED. .FOR "PUBLIC RIGHT -OF -WAY PURPOSES" ._-- OCTOBER 21 1999 - RECORDING INFORMATION NOT AVAILABLE AS OF JUNE 15, 2000 DETAILS ARE NOT DRAWN TO SCALE. - •' "E 5•O1 46 R•580U.OU' L -179.53' T•8 77' C8 9 8 11'39 "W BEARINGS ANO 000001NATE5 ARE BASED ON THE TEXAS STATE PLANE COORDINATE SYSTEM, RAD 83. CENTRAL ZONE AND ADJUSTED TO SURFACE USING A SURFACE AOJVSTMENT FACTOR OF 1.00012. AS PROVIDED BY DOUG ANDERSON, RPLS, SURVCON. WC. IMPROVEMENTS SHOWN HEREON ARE BASED UPON T x00T AERIAL SURVEY DIGITAL FRES. THERE MAY BE ADDITIONAL UNDERGROUND. DR OTHER, 0.PROVEMENTS NOT SHOWN. STATE HWY 45 LOUIS HENNA BLVD. IVAR1N3LE WIDTH R C2 5.00. 27 . 36" R-5786.00 L -46.53' T- 23.27' CD-570' 46'23 "W C. 46.53' ASA THOMAS SURVEY A -609 488.85' • . ;;, ..._ 'CON ROC- LF+T'RE;:G£S�' L1NE•� :.:" :... . ;•;6:: :I 73 tbi83 �; • .d•�, 7 0iRT K r.:. - !'. i aT.RT aL c'• ^ - '= � - � i3e4fr:5d:'FT.I�i'' . . ... .;,:TSL'66SS . ...�'. LINE e17 -06.57 618 -57.92 P ROPOSED R.O.W. " 117 - 06 •RT 24 61 620.62.7 ' 264.7T R T 91915 VILLAGES AT WARNER RANCH PUD. L.P. 231.32 61 REMAINDER CALLED 138.543 ACRES DOC. No. 199965664 c1 O.P.R.W.C.T16. 32Q.371.26' C3 5.00 R- 5788.00' L -3.42' 1.71 08.570 C -3.42 MEMUCAN HUNT DETAIL C SURVEY A- 314 C2 C3 \ 6170 t :234.50' R1 234,50' 0TI TRACT I • PARCEL NrORMATION 'BLOC( P.w¢L 043. PART 1 OEL9 /494469 139.134 (4.09109 50. 97: ThiNC.ACRES- 6.172 AC. 130.44 5D. rl.l N 70' 4D' 4.2' E 5050.48• SURVEY BASELINE_ 966/60[6 11.0S 70.75 AC. 2.4q 50.71., APPRAXIMATA' LOCATION OF SURVOY LINE EXISTING R. O.W LINE RVEY BASELINE CURVE DATA P15ro 606.79.44 N - '450946 E • 3139856.1489 o • - 0Y /J•rtrl L • 1645!1 r 824.41 R - 02918E7 PC 570 600.5504 Pr 5 61 LEGEND • TYPE 1 50950(10 1.90NIMENT FOUND O TYPE 9 CONCRETE uOmaiaX2 101,0 O TYPE 150NCRETE 91C•RNENT SET • y' PPE 901093 6,655 NOTED D '' /e - 1505 900 51. 1 61 19001 CAP 117.155 501[9 • SS IRON ROD 1 040.0 MESS 90150 • 60 9 Rua 915 1 . 2 1E52 NOTED • 00 .94 0 NAL 16910 1[55 MOTCD • CALCULATED PONT PROPERTY SRC 2 • RECORD •15000T93N A9.a PONI Or 0[91119 ✓ .•A P•R Or CO46M41119 0A4. PONT Or Rp[qq[ENNQ¢ Pt PONT Or COIVAT014 9.1. PONT Or inRX,CT • NON- T.M157 5069E ▪ NON ROD FOUND yr 1 PPE (Cum ▪ Pu918 MTMTY EA5EMERT 0104 .4.*.. OFTIOAL Pu8LC RECORDS 9 9( 14 •50 5 COUNTY. 15 55 Rx.3.I 099,[191 RECORDS NALIPM509 COURT'', TEXAS •. RAT RECORDS WtL1A45021 COUNTY. TERA5 L1P.1., DEED RECORDS ...we -AN =Par, TCAA5 ODD C®:wwTau„P91,.1•.x RIGHT -OF -WAY PLAT PACE 4 OF 5 [MC Mao, r . _ 1 VSM aAa ,n Rif. IELD F ,. T� elw SHOWING PROPERTY OE Rf . (S12) 7-05 0112"9 VILLAGES AT WARNER RANCH PUD, L.P. NOTE PARCEL N0. 198 1756 AR T PARCEL INFORNAT100 BLOCK PIRCEL No, Pawl 2 191,10 ACRES 111, DEEO ACIENDE AEVUOER 136513 AC. 31.59 AC. 46.036.035 50.11.1 40)90,54 0 10.11.1 YP A v \ r s,...-,,, g' ° '.r . O � � '3 N., \ ; dG S .9 ATE WILL COUNTY, TEXAS SCALA r. = N w Oyu • N 9 +• re 621.67 55 214.52' m1 11 . hM1 f yO hb . '4. A 'q A cO N Op0 o,F • ei. r 4q' SF DETAIL B O ' .`. C41, F • '••.`� 1 l � fl DETAIL C C10 149.76' 625.92.62 199.50• RT 659.04' LEGEND ▪ TYPE I CONCRETE /2017140547 0 04540 m TYPE 1 CONCRETE 120941.42040 FERRO a TYPE ICONCRETE MOM1NENt SET • % - POI FOUND ONEE55 NOTED D •ON ROD SET w1 14007 CAP UNLESS N0TC0 • '/r NCR R00 FOUND 192055 NOTED 110 D NM. SET .4E55 NOTED CO • D 0I1. 701.1 0541.555 00 C4.01AA102 PONT C PROPERTY LAC CENTER LnE 1 1 404040 771044/1954 0.0.11. PONT of 1E064 F_ PONT OF CONIENCNO PAT! PONT OF 02/5007/0 RT. • POINT OF CWNA PONT OF T1WOE,07 00N- 0)10[111 VANE ▪ IiOR RCO 0gAO or w PPE 066.060 P.S. PL•AN L9 UTLITY EASCNCNT ea'.,014. orrt,L T PL• 110.50405 410.1.7//5054 DA w *. OFFICIAL RECORDS WLLWISON COUNT Y, TT:05 •. AT RECOR15 410.1.10160• mm417. 108.5 San.!.. OEEO PLC01m5 *1.1.I64SO4 5015417.10:25 SAM ti 1P 8 LYW1+f901400110.08701 AN0 • os dh, 9 T - 5 7 0 IT O 00 �F 0 � , . o - i v P r / 4. 9 p3 + ss�`' F yAL pp ,,33 C4 55 Y s O C R- 5 510.00 9" „q L • 391.14' 7- 195.65' C6.368 42 "W C- 391.06' 4@9 Cp007aee 6 106664. • 50 71,00 006e 11l b41P 5.•41 125 A.., Tay 20004 (512)1. 5 Fet (6n)3263020 L4 528 22'08 "W 46.30' 0. I HEREBY CERTfY 'THAI THIS SURVEY WAS MADE ON THE GROUND UPPER YT OIREC 1001 AND SUPERVISION AND MA THIS PLAT 6 TRUE AND CORRECT TO THE 705T OF MY KNOWLEDGE AND BELIEF. L R. NAT 900.7(RE5 PROFE590NAL LAND SURVEYOR NO. 9259, STATE OF TEXAS r P.O.B. PARCEL PMT 2 057.20.95 2050• RT N. 101S1125.93049 E. 3111952.75591 w nm 0 A 99 h RIGHT - OF -WAY °LAT PAGE 5 OF 5 RFF SHOWING PROPERTY OF 1400 FIELD VILLAGES AT WARNER RANCH PLO, I_ .P PARCEL 0. 4 8 7$64 PAR 1 7 LAWYERS TITLE INSURANCE CORPORATION OWNER POLICY OF TITLE INSURANCE CASE NUMBER DATE OF POLICY 2001 RR 220454 -R (199) /khs 6/18/2002 SCHEDULE B POLICY NUMBER 0220454 This policy does not insure against loss or damage (and the Company will not pay costs, attorney's fees or expenses) that are by reason of the terms and conditions of the leases or easements insured, if any, shown in Schedule A and the following matters: 1. The following restrictive covenants of record itemized below (the Company must either insert specific recording data or delete this exception): VOLUME 1747, PAGE 34, OFFICIAL RECORDS, WILLIAMSON COUNTY, TEXAS. BUT OMITTING ANY COVENANT OR RESTRICTION BASED ON RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILIAL STATUS, OR NATIONAL ORIGIN. 2. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping of improvements. 3. Homestead or community property or survivorship rights, if any, of any spouse of any i nsured. 4. Any titles or rights asserted by anyone, including but not limited to, a. s totidelands, public, corporations, shores other entities, or perennial rivers and streams lakes, bays, gulfs or oceans, or b. to lands be and the line of the harbor or bulkhead lines as established or changed by any government, or c. to filled -in lands, or artificial islands, or d. to statutory water rights, including riparian rights, or e. to the area extending from the line of mean low tide to the line of vegetation or the right of access to that area or easement along and across that area. 5. Standby fees, taxes and assessments by any taxing authority for the year 2002 , and subsequent years; and subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership, but not those taxes or assessments for prior years because of an exemption granted to a previous owner of the roperty under Section 11.13, TEXAS TAX CODE, or because of improvements not assessed for a previous tax year. 6. The following matters and all terms of the documents creating or offering evidence of the matters (We must insert matters or delete this exception.): RIGHTS OF PARTIES IN POSSESSION. 7. ANY VISIBLE AND /OR APPARENT ROADWAY OR EASEMENT OVER OR ACROSS THE SUBJECT PROPERTY, THE EXISTENCE OF WHICH DOES NOT APPEAR OF RECORD. 8. ANY PORTION OF THE PROPERTY HEREIN DESCRIBED WHICH FALLS WITHIN THE BOUNDARIES OF ANY ROAD OR ROADWAY. 9. AN EASEMENT DATED NOVEMBER 5 1971 GRANTED TO MANVILLE WATER SUPPLY CORPORATION BY BILLY GLENN, RECORDED IN VOLUME 581, PAGE 706, DEED RECORDS, ( CONT. ON SCH. 8, PAGE 2 ) Texas Owner's Policy T -1 (Rev. 1 -1 -93) Valid Only If Schedule A Schedule B And Cover Page Are Attached LAWYERS TITLE INSURANCE CORPORATION OWNER POLICY OF TITLE INSURANCE CASE NUMBER DATE OF POLICY NUMBER POLICY 2001 RR 220454 -K (199) /khs 6/18/2002 0220454 SCHEDULE B TRAVIS COUNTY TEXAS. (EASEMENT FOR PIPELINE, TOGETHER WITH ALL RIGHTS RECITED THEREIN) 10. COMPANY AN M BYTBILLY D WAY GLENN, RECORDED IN V AGE PAGE DEED E RECORDS, WIL COUNTY, TEXAS. (EASEMENT FOR TELECOMMUICATION CABLE SYSTEM, TOGETHER WITH ALL RIGHTS RECITED THEREIN) 11. AN EASEMENT DATED APRIL 27 1982 GRANTED TO TEXAS POWER AND LIGHT COMPANY AND SOUTHWESTERN BELL TELEPHONE COMPANY BY B.W. GLENN RECORDED IN VOLUME ELECTRIC LINE, RECORDS, WILLIAMSON RIGHTSERECITEDETHEREIN)FOR 12. ROUND S ROCK T INDUSTRI OCTOBER PARK, ECORDEDGINNVOLUME TEXAS PAGE TELECOMMUNICATIONS OFFICIAL BY SERVICES, ALL TEXAS. GHS RECITED THEREIN) TELEVISION 13. AN EASEMENT DATED JUNE 14 1996 GRANTED TO WILLIAMSON COUNTY AND CITY OF OFFICIAL ROCK BY ROUND CIALPUBLIC RECORDS, WILLIAMSON COUNTY, TERXAAS. A (EASEMENT FOR RTEMPORARY DRAINAGE, TOGETHER WITH ALL RIGHTS RECITED THEREIN) 14. AN EASEMENT DATED JUNE 14 1996 GRANTED TO CITY OF ROUND ROCK BY ROUND ROCK INDUSTRIAL PARK RECORDED AS DOCUMENT #9631148 OFFICIAL PUBLIC RECORDS, TEMPORARY WILLIAMSON RYCONSTR CONSTRUCTION, TOGETHER WITHAALLMR FOR RIGHTS RECITED THEREIN) 15. AN EASEMENT DATED JUNE 29 2000 GRANTED TO TXU ELECTRIC COMPANY BY VILLAGES AT WARNER RANCH PUD LP RECORDED AS DOCUMENT #2000049044, OUNDE R R CMANY, TOGETHER COUNTY, L RIGHTS REC (EASEMENT UNDERGROUND THEREIN) 16. TH ITH AL EREIN) 16. AN EASEMENT DATED JUNE 14 1996 GRANTED TO CITY OF ROUND ROCK BY ROUND ROCK INDUSTRIAL PARK RECORDED AS DOCUMENT #9631149 OFFICIAL PUBLIC RE WILL I A M S O N ICO U NTY, TEE S. (EASEMENT FOR TEMPORARY DRAINAGE, BY 17 VVIILLAGESS EASEMENT WARNER 2001, RECORDED AS #22001009080, POSSESSION�AND O TOGETHER�WITH O ALL O RI IGHTS THEREIN) FOR 18. AN UNDIVIDED ONE- FOURTH (1 /4TH) INTEREST IN ALL OIL, GAS AND OTHER MINERALS ON IN UNDER OR THAT MAY BE PRODUCED FROM THE SUBJECT PROPERTY AS SET FORTH IN INSTRUMENT RECORDED IN VOLUME 973, PAGE 274, OFFICIAL RECORDS, ( CONT. ON SCH. B, PAGE 3 ) Texas Owner's Policy T -1 (Rev. 1 -1 -93) Valid Only If Schedule A Schedule B And Cover Page Are Attached LAWYERS TITLE INSURANCE CORPORATION OWNER LE INSURANCE CASE NUMBER DATE OF POLICY 2001 RR 220454 -K (199) /khs 6/18/2002 SCHEDULE B WILLIAMSON COUNTY, TEXAS. NOTE: TITLE TO THE HEREIN DESCRIBED MINERAL INTEREST(S) NOT EXAMINED SUBSEQUENT TO DATE(S) OF AFORESAID INSTRUMENT. POLICY NUMBER 0220454 Texas Owner's Policy T -1 (Rev. 1 -1 -93) Valid Only I£ Schedule A Schedule B And Cover Page Are Attached CONDITIONS AND STIPULATIONS — CONTINUED (b) To Pay or Otherwise Settle With Parties Other than the Insured or With the Insured Claimant. (i) to pay or otherwise settle with other parties for or in the name of an .insured claimant any claim insured against under this policy, together with any costs, attorneys' fees and expenses incurred by the insured claimant, which were authorized by the Company up to the time of payment and which the Company is obligated to pay', or (ii) to pay or otherwise settle with the insured claimant the loss or damage provided for under this policy, together with any costs, attorneys' fees and expenses incurred by the insured claimant, which were authorized by the Company up to the time of payment and which the Company is obligated to pay. Upon the exercise by the Company of either of the options provided for In paragraphs (b)(i) or (ii), the Company's obligations to the insured under this policy for the claimed loss or damage, other than the payments required to be made, shall terminate, including any liability or obligation to defend, prosecute or continue any litigation. 7. DETERMINATION, EXTENT OF LIABILITY AND COINSURANCE. This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by the insured claimant who has suffered loss or damage by reason of matters insured against by this policy and only to the extent herein described. (a) The liability of the Company under this policy shall not exceed the least of, (i) the Amount of Insurance stated in Schedule A; (ii) the difference between the value of the insured estate or interest as insured and the value of the insured estate or interest subject to the defect, lien or encumbrance insured against by this policy at the date the insured claimant is required to furnish to Company a proof of loss or damage in accordance with Section 5 of these Conditions and Stipulations. (b) In the event the Amount of Insurance stated in Schedule A al the Date of Policy is less than 80 percent of the value of the insured estate or interest or the Lull consideration paid for the land, whichever is less, or it subsequent to the Date of Policy an improvement is erected on the land which increases the value of the insured estate or interest by at least 20 percent over the Amount of Insurance stated in Schedule A, then this Policy is subject to the following: (i) where no subsequent improvement has been made, as to any partial loss, the Company shall only pay the loss pro rata in the proportion that the amount of insurance at Date of Policy bears th the total value of the insured estate or interest at Date of Policy; or (ii) where a subsequent improvement has been made, as to any partial lass, the Company shall only pay the loss pro rata in the proportion that 120 percent of the Amount of Insurance stated in Schedule A bears to the sum of the Amount of Insurance slated in Schedule A and the amount expended for the improvement. The provisions of 'this paragraph shall not apply to costs, attorneys' lees and expenses for which the Company is liable under this policy, and shall only apply to that portion of any loss which exceeds, in the aggregate, 10 percent of the Amount of Insurance stated in Schedule A. (c) The Company will pay only those costs, attorneys' lees and expenses incurred in accordance with Section 4 of these Conditions and Stipulations. B. APPORTIONMENT. If the land described in Schedule A consists of two or more parcels that are not being used as a single site, and a loss is established affecting one or more of the parcels but not all, the loss shall be computed and settled on a pro rata basis as if the amount of insurance under this policy was divided pro rata as to the value on Date of Policy of each separate parcel to the whole, exclusive of any improvements made subsequent to Date of Policy, unless a liability or value has otherwise been agreed upon as t0 each parcel by the Company and the insured at the time of the issuance of this policy and shown by an express statement or by an endorsement attached to this policy. 9. LIMITATION OF LIABILITY. (a) If the Company establishes the title, or removes the alleged defect, lien or encumbrance, or cures the lack of a right of access to or from the land, all as insured, or lakes action in accordance with Section 3 or Section 6, in a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused thereby. (b) In the event of any litigation, including litigation by the Company or with the Company's consent, the Company shall have no liability for loss or damage until there has been a final determination by a court of competent jurisdiction, and disposition 51 all appeals therefrom, adverse to the title as insured. (c) The Company shall not be liable for loss or damage to any insured for liability voluntarily assumed by the insured in settling any claim or suit without the prior written consent of the Company. 10. REDUCTION OF INSURANCE: REDUCTION OR TERMINATION OF LIABILITY. All payments under this policy, except payments made for costs, attorneys' fees and expenses, shall reduce the amount of the insurance pro tanto. 11. LIABILITY NONCUMULATIVE. It is expressly understood That the amount of insurance under this policy shall be reduced by any amount the Company may pay under any policy insuring a mortgage to which exception is taken in Schedule B or to which the insured has agreed, assumed, or taken subject, or which is hereafter executed by an insured and which is a charge or lien on the estate or interest described or referred to in Schedule A, and the amount so paid shall be deemed a payment under this policy to the insured owner. 81178 12. PAYMENT OF LOSS. (a) No payment shall be made without producing this policy far endorsement of the payment unless the policy has been lost or destroyed, in which case proof of loss or destruction shall be furnished to the satisfaction of the Company. (b) When liability and the extent of loss or damage has been definitely fixed in accordance with These Conditions and Stipulations, the loss or damage shall be payable within 30 days thereafter. 13. SUBROGATION UPON PAYMENT OR SETTLEMENT. (a) The Company's Right of Subrogation. Whenever the Company shall have settled and paid a claim under this policy, all right of subrogation shall vest in the Company unaffected by any act of the insured claimant The Company shall be subrogated to and be entitled to all rights and remedies That the insured claimant would have had against any person or property in respect to the claim had this policy not been issued. If requested by the Company, the insured claimant shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect this right of subrogation. The insured claimant shall permit the Company to sue, compromise or settle in the name of the insured claimant and to use the name of the insured claimant in any transaction or litigation involving these rights or remedies. II a payment on account of a claim does not fully cover the loss of the insured claimant, the Company shall be subrogated to these rights and remedies in the proportion that the Company's payment bears to the whole amount of the loss. If loss should result from any act of the insured claimant, as stated above, that act shall not void this policy, but the Company, in that event, shall be required to pay only that part of any losses insured against by this policy that shall exceed the amount. if any, lost to the Company by reason of the impairment by the insured claimant of the Company's right of subrogation. (b) The Company's Rights Against Non - Insured Obligors. The Company's right of subrogation against non - insured obligors shall exist and shall include, without limitation, the rights of the insured to indemnities, guaranties, other policies of insurance or bonds, notwithstanding any terms or conditions contained in those instruments that provide for subrogation rights by reason of this policy. 19. ARBITRATION. Unless prohibited by applicable law or unless this arbitration section is deleted by specific provision in Schedule B of this policy, either the company or the insured may demand arbitration pursuant to the Title Insurance Arbitration Rules or the American Arbitration Association. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the Insured arising out of or relating to this policy, any service of the Company in connection with its issuance or the breach of a policy provision or other obligation. All arbitrable matters when the Amount of Insurance is 51,000,000 or less SHALL BE arbitrated at the request of either the Company or the Insured, unless the insured is an individual person (as distinguished Irom a corporation, trust, partnership, association or other legal entity). All arbitrable matters when the Amount of Insurance is in excess of 51,000,000 shall be arbitrated only when agreed to by both the Company and the Insured. Arbitration pursuant to this policy and under the Rules in effect on the date the demand for arbitration is made or, at the option of the insured, the Rules in effect at Date of Policy shall be binding upon the parties. The award may include attorneys' fees only if the laws of the state in which the land is located permit a court to award attorneys' fees to a prevailing party. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court having jurisdiction thereof. The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules. A copy of the Rules may be obtained from the Company upon request. 15. LIABILITY LIMITED TO THIS POLICY: POLICY ENTIRE CONTRACT. (a) This policy together with all endorsements, if any, attached hereto by the Company is the entire policy and canlracf between the insured and the Company. In interpreting any provision of this policy, this policy shall be construed as a whole. (5) Any claim of loss or damage, whether or not based on negligence, and which arises out of the status of the title to the estate or interest covered hereby or by any action asserting such claim, shall be restricted to this policy. (c) No amendment of or endorsement to this policy can be made except by a writing endorsed hereon or attached hereto signed by either the President, a Vice President, the Secretary, an Assistant Secretary, or validating officer or authorized signatory of the Company. 16. SEVERABILITY. In the event any provision of the policy is held invalid or unenforceable under applicable law, the policy shall be deemed not to include that provision, and all other provisions shall remain in full force and effect. 17. NOTICES, WHERE SENT. All notices required to be given the Company and any statement in writing required to be furnished the Company shall include the number of this policy and shall be addressed lo: Consumer Affairs Department, P.O. Box 27567, Richmond, Virginia 23261 -7567. COMPLAINT NOTICE. Should any dispute arise about your premium or about a claim that you have filed, contact the agent or write to the Company that issued the policy. 11 the problem is not resolved, you also may write the Texas Department of Insurance, P.O. Box 149091, Austin, TX 78714 -9091, Fax No. (512) 475 -1771. This notice of complaint procedure is for information only and does not become a part or condition of this policy. CONTROL NUMBER 011 0 019 5 6 4. w nsurance &p TEXAS OWNER POLICY OF TITLE INSURANCE Issuer, By latuyers"Title Insurance @potation HOME OFFICE: 101 Gateway Centre Parkway, Gateway One Richmond, Virginia 23235-5153 L A WORD OF THANKS ..... As we make your policy a part of our permanent records, we want to express our appreciation of this evidence of your faith in Lawyers Title Insurance Corporation. There is no recurring premium. This policy provides valuable title protection and we suggest you keep it in a safe place where it will be readily available for future reference. If you have any questions about the protection provided by this policy, contact the office that issued your policy or you may write to: Consumer Affairs Department auoyers itle Insurance @rp 7557 Rambler Road, Suite 1200 Dallas, Texas 75231 TOLL FREE NUMBER: 1- 800 -442 -7067